9/15/2007
People in favour of compulsory annuity!
This is what I read a few days earlier. I think it was reported somewhere that Singaporeans welcomed compulsory annuity as they see a need for it. And there were many views expressed in the msm and cyberspace supporting it and arguing that Singaporeans have to look after themselves and it is not the responsibility of the govt to look after them.
Today I read in the msm that several MPs commented that many people were negative about the compulsory annuity. Many do not believe that they will live till 85 and beyond.
I hope there will be statistics produced in Parliament to convincingly prove that many people will live pass 85. 'Many' should be quantified and not just 'many'. Some numbers will be useful to prove that it is truly the case. And also some numbers to prove that those who live till this age still need to depend on charity.
And a distinction shall be drawn between the current oldies who are mostly from the lost generation of illiterates, ingnorant, penniless and single and the new oldies coming on stream that are well educated, rich and even have families. Not forgetting a fat CPF account and owning properties, even a cheapskate 3 rm HDB flat may worth more than a hundred thousand in the right area.
We can make do with a bit less of bullshiting.
Jonathan Lock is saved
Tan Suee Chieh, the CEO of NTUC Income has intervened to waive $45k of legal fees NTUC is claiming against him. According to Tan, it was effort misplaced and unnecessary. So much effort and money all for a $1,200 compensation.
What a big relief to the poor teacher, Jonathan Lock. But he still owed his former lawyer another bill of $80k and more legal fees to fight the claim.
Tan Suee Chieh is showing what a socially responsible and sensible CEO can do instead of being blinded by money and legal form. He did not say a mistake is a mistake and Lock should just pay up. He took a human decision instead of behaving like a computer, sending Lock the $45k bill and said this is generated by a computer and no signature is required.
We need thinking and sensible people to run the corporations and country.
But then again, another school of thought may look at this negatively. This Tan Suee Chieh is spoiling the system. He is setting a very bad precedent. He should not have interfered in this way. Many people's ricebowls are affected and many big bonuses will slip away. We have a very good system that feeds a lot of people along the way. All the lawsuits are good as they generate a lot of income for the professionals to buy big houses and cars and holidays.
I like the soft and human touch of Tan Suee Chieh. I think he is not a Singaporean. A Singaporean would probably have said, you have my sympathy, but please pay up.
What earthquakes?
Earthquakes in Indonesia? 8.4 in the Richter scale? Does it bother us? It has nothing to do with us and there is no need to sweat the little thing.
Then last night I heard over the news that Mercy Relief and the Red Cross were sending aids to Bengkulu. Is this a prelude to the whole army rushing over there as well?
My immediate thought was on the ships that they had seized during the sand saga. About 20 of our ships were seized and facing drum up charges. Even one of our companies mining sand in Karimun was bombed and its executives arrested. Not sure what happened to them. And have our ships been returned and compensated?
I just hope Singaporeans do not behave like little poodles, or worst, like stray dogs eagerly wagging their tails to anyone on the street hoping for a little crumb.
We have been kicked, slapped and spitted at and are we going to crawl back to beg for more? Let's have some self respect and do not debase whatever little dignity that we have in calling ourselves a nation.
Black September 14?
It was supposed to be September 8, the day Cyberspace designated as Black September. It did not get much airing in the media of what actually happened or did not happen. Then last night, I thought it was September 8 again, on CNA. Were my eyes playing tricks on me? Or was it a small prank, or a subtle message that CNA was trying to send out? The wearers of black put on a cheeky smile in all their faces, you could tell quite easily.
First in full black suit was Melvin Yong on 9pm news. Hardly have I seen Melvin in full black. And beside him, the attractive Glenda Chong, not in black but in a tan dress. Look carefully again, there was a huge black rose on her right chest, as big as an outstretched palm to make sure you notice. It would be a bit too much to have Glenda in full black as well.
Not enough of blackness? Then came a live feed from a reporter overseas, missed the country, probably China or somewhere in east Asia. And she was in a black dress as well. Her name was something like Wong Lee Yong. Enough of blackness?
Ok, back home, yes Valerie Tan was in full black reporting her story. All these within a few minutes apart in that 30 minute news. Was CNA trying to be a little cheeky? Or was CNA trying to say that black is the fashion?
The cheekiest moment, I think, went to Lim Boon Heng when he appeared to comment about the annuity proposal, and in full black.
I am paranoid.
9/14/2007
A hospice in every estate
As our population ages, and as more are expected to live to 85 and beyond, many will end up in hospices. This is an urgent and essential facility for the good of our people. Very likely all those 75 and above will need to be housed in such well equipped and modern facilities. Either they are physically disabled or their children will not have the time and abilities to keep them at home.
The cost, probably $1500 pm with subsidies. This will mean $18k a year, excluding medicine or hospitalisation. and at 75, they will probably have another 20 years to go. So each will need $360k without adjusting for inflation and other rising costs. It is important that the people be made aware of this need and start to incease their savings in the CPF.
I would like to propose that the minimum sum be increased to $200k, and with interest should be sufficient, I think.
Now let the people go and talk and whine about it. And the unthinking masses' reaction will be quite predictable. Yes we need this. Good idea. Maybe change a bit here and there. None or very few will ask the question, 'Do we really need it.' They will blindly believe that it is for their own good and it is very well thought out. I just thought it out in 2 minutes.
Wanna bet?
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