8/04/2007
Malaysia heading towards a crisis
Malaysia is heading towards a crisis of unimaginable proportion, worst than May 13. This time it is not because they having too small an economic pie. It is the other way round, they want the whole cake and eat it.
And to make matter worst, they are being led by two of the hottest firebrand and ambitious politicians, both trying to outdo each other to prove that they are worthy of the Premiership. Hishamuddin was hot, but he cannot hold a candle to Khairy who is bent to upstage him in all aspects. Khairy is going to prove himself to be a fiercer fighter for the Malay course. He is prepared to burn down anything in his path.
On the other hand the MCA and MIC, after their shameless appeasement of UMNO in 1955 by giving in without a fight, is again hiding meekly in their closets without breathing a word of protest at all the changes that are being made to the detriments of the minority races.
This time, with better organisation and more power in their hands, the bloodbath is going to be clinical and complete. The kris will be drawn and wash with blood if the firebrands are not stop in their path for personal glory.
Greed has no Shame
As we march down the road towards greed, as we celebrated the virtues and benefits of greed, it is time that we discard all the hypocrisies about goodness, generosity and a caring society. We should boldly embrace the positive aspects of greed and how it drives every man and woman to his best in chasing after more money. It is time to stop all the hypocritical acts of unproductive idealism.
Singaporeans must be taught to cherish the culture of greed. That is how we can progress at an ever faster pace, financially and economically. We will have the best of everything money can buy. Anything that were claimed as virtues and money cannot buy were false virtues, mirages, the opium of the poor.
There are ample proof and evidence that greed is the driving force in our growth. And everyone who is plainly displaying this by clinging onto whatever they have, title, position, influence and money, to get to more money for themselves, without shame.
Singaporeans must be brave to tell the world that this is our culture and our formula for success.
8/03/2007
38% return per annum since 2002
Who can match such a sterling performance by Temasek? Wealth added is $23 bil and net value of portfolio from $129 bil to $164 bil or $35 bil added. Thus the 38% return should be somewhere between $23b and $35b. Is it reasonable to say that for the last 5 years, 2002-7, the average return from investment is about $25b times 5 or $125b? Now this number may look too big. How about a ballpark figure of $100b?
And this would mean that in 2002, the net portfolio was only $64b. Reasonable? Just guessing. Not going to crack my head on this.
Non Muslim Minister speaking up
Bernard Dompok, a Minister in the Prime Minister's Dept has spoken up against the Islamic State remark. Obviously Bumi Ministers have totally disregard the existence of many non muslims in East Malaysia and have taken their existence for granted.
If Malaysia is an Islamic State, then East Malaysia too will come under Islamic principles. The natives and many East Malaysians are not muslims.
Bernard Dompok said many people he knew would be very unhappy and they would 'have to contend with the issue for now.' Did he meant to contend the issue or to be contented with the issue for now? If they are to take on the issue now and fight it then there is hope that Malaysia will not become an Islamic State. If they are to be contented with the situation now, then it is as good as Malaysian becoming an Islamic State quitely and surely.
Lin Xue Ling interviewed Ngiam Tong Dow
Thank god, it was not Xue Ling Lin interviewed Tong Dow Ngiam. At least CNA got it right. Otherwise it would be Ms Xue interviewed Mr Tong. Lately all the Ah Beng Lims and Ah Lian Tans seems to have disappeared for a while, or taking cover. Or there will be a new surname, Mr Ah, to take note of.
The gist of the interview where Ngiam Tong Dow was so fortunate to serve under two great pioneering leaders, Goh Keng Swee and Hon Sui Sen, was his comment on compassion. He said that in any system, there would be the 5% that would have problems and not making it and needed help. And the govt must have a little compassion to help these people.
Yes, these are the lazy, useless people to some. To the kinder ones, these are the people that are less endowed, less gifted, handicapped or under privileged that have too many chains around them to run forward.
Though it is the brutal truth that the able should be amply rewarded and be given the biggest share, such thoughts are very ungenerous. Coming from private individuals is ok. But from people in public offices is bad. Anyone in public service and thinks about how many more millions he should be getting and constantly trying ways to make sure that he will not be short changed should not be in public service.
The public sector cannot have room for money minded individuals who have little compassion for the less able. Being in public service, they are expected to look at the whole picture and their policies, thinking and decisions must be inclusive of everyone in the country. They should not be thinking only of themselves and their great and clever friends.
Compassion in our society today is showbiz. It is only for display over the big screen, to be seen but does not mean anything.
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