The 23 South Korean sacrifice

The world is made of many suckers and naive or youthful idealism. These Koreans believe in a world of goodness, to do goodness without knowing that for every goodness in this world there is an equal wickedness out there. And they may have to pay for their stupidity with their lives. And the pain is at home, their love ones. And of course the South Korean govt saw its balls stuck in a mouse trap. This is a stark and brutal lesson that Singaporeans must learn and I hope the govt has put a ban to prevent naive Singaporeans from walking the same path to martyrdom. In my conversation with some Singaporeans, there is a little group that lauds the act and is celebrating their impending status as martyrs. They have only praise and adoration for this group of silly Koreans. And do not be surprised that some Singaporeans may be planning a similar mission to save the Afghans or the Iraqis.

notable quotes - LKY on Indon media

'The Indonesian media is a spontaneous combustion engine that responds to what sells, what's news, what the political parties want to create as news. then you chase the news.' LKY Now different or similar is the Indonesian media to our own media?

The uncaring and undeserving super talents

Where are our super talents found? In political offices, in ministries, stats boards and GLCs. These are the organisations where most of the super talents are employed. They are employed by Temasek, EDB, GIC, DBS, SIA, Keppel, PSA, Singapore Engineering, Sembawang Shipyard, etc etc and paid like super talents should be paid. What happens if there were no Temasek, EDB and the long list of GLCs? What happens if the first two generations of Singaporeans did not do what they did and none of these organisations were around to provide the jobs? From the political leaders, civil servants, the entrepreneurs, the engineers, the business community, the industrialists, the cheap labour in the factories, the construction workers who helped to build the infrastructure, if all these nuts and bolts, the cogs and the screws, did not play their parts, who would be able to provide jobs for our super talents to pay themselves super talent salaries and brandish themselves as the talents, the successful and able and clever Singaporeans? Today's Singapore is the proverbial giant tree planted by the early pioneers and give shade to all beneath it. Without this giant tree, I wonder how many organisations will be able to provide super talent jobs and pay super talent salaries to the Singapore brand of super talents? Now some of the super talents are rubbishing the little fellows and telling them that they deserve to be in the low station of life. That they are the failures and should not be complaining. Without all these low talents or no talents, without the arsehole, can there be a place for the super talents? Would these super talents be able to create and generate their own wealth as entrepreneurs and wealth creators? Or are they just good enough to be employees, resting comfortably under the shade of the giant tree planted by the pioneering generations? Shall we remember the arsehole and appreciate his contribution to the whole prosperity?

Asean, the fools have it

Asean was conceived to bring small countries together as a group to compete against the world and keep the big powers at bay, politically and economically. But one thing that they must settle first is their internal bickering. If Asean countries cannot live and cooperate with each other, what chance to they have when competing with the giants and bigger countries? But there are so many fools within Asean that constantly try to cripple the organisation. And one of the sore point is the little Red Dot. In their own bizarre and simplistic underdeveloped mindset, I am using strong language here, they have painted this harmless little dot into a monster to fear. Really, what can the little Red Dot do to any of the countries in Asean? Conquer and colonise them? How foolish. And for their foolish thoughts, they make it so difficult for Singapore to invest in their countries. Do they really believe that it is better to have the big powers to invest in them? With the little dot, they know that we cannot bully them in any way. We have to play by their rules. On the other hand the big powers will have nothing of their nonsenses. If the big powers are not happy, they will take out the cane and whip them, real hard. They better remember very clearly that the big powers were the ones who had colonised them and still have the capability to do so. Not the little Red Dot. When will the fools get wiser? Or are they so happy and contented to live in the backwaters of the world economic activities and believing in their rural fantasy that Singapore is giant demon?

The Risk of Stockbroking agents

Stockbroking agents, housing agents, insurance agents, taxi drivers all have one thing in common. They provide jobs to the people. Killing these professions will only bring more problems to society and anger against those whose minds are set to destroy these jobs. Some think that these are cushy jobs that pay very well, and do not need much talent or effort. How wrong they are, and how ignorant. Every job comes with their own problems and risks. In the stockbroking industry, the people that are likely to go bust are the top remisiers. In good times they made very good money that people will get green eyes. But all it takes is for the market to turn against them. Many top remisiers went broke when their clients incurred huge losses and disappeared or declared themselves bankrupt, leaving the remisiers to pay for their debt. This is one of the biggest risks that remisiers faced, bad debt or bad clients. The next big risk is human error. Because every push of the button can be a deal of millions of dollars, a lapse of attention is all it takes to be down hundreds of thousands or millions. And making such mistakes is so easy. Our minds often play punks with us. Several remisiers worked up in the money and the first thing they hit was the button and instantly they are in the red, losing thousands of dollars. No joke. How to live with a $300k or $500k loss just by pushing a button? The next risk is infringement on rules and regulations and the fines are very heavy for the smallest transgression. With the miserable commission it is just not worth the risk. Then there are the bad clients who put the blames on remisiers when it was their own fault. And this put a lot of pressure on the remisiers, damaging their credibility and even risking being suspended from business. The risk that the remisiers are taking is not commensurated with the miserable commission they are getting. It is not a simple push button job. They are many rules and regulations to remember and all the stocks to look out for. One day they can be laughing to the bank. The next morning they may be crying for help. Do not be envious of the remisiers.