Political Justice or Injustice

Singapore is being attacked internationally on two fronts. At the UN, Singaporeans were viciously attacked for their integrity by fictitious charges only to be vindicated later. But that is not the end. In the case of Andrew Toh, they are now accusing Singapore of using its weight to stop the funding of Procurement Task Force which was where Andrew served his term. And in Indonesia, Temasek is found guilty of violating Indonesia's anti monopoly act. So Temasek would now have to spend time and money defending its position in probably a kangaroo court. The verdict of both cases will not be determined by facts but by political expediency. The political force of the day will be the final judge of whether Singapore is guilty or not guilty. This has always been the principles of political justice. There is no absolute right or wrong. The one in power decides who is right and who is wrong.

Illusion of payrise

High inflation Major cause: Restructuring Strong currency cannot offset domestic pressures on prices. DBS analysis. Oct 8, 2007 Singapore exchange rate policy struggles with inflation Commentary by DBS Group Research (source: The Edge daily) SINGAPORE’s CPI inflation hit a 12-year high of 2.6% year on year (y-o-y) in July. While this was partially due to a two percentage point hike in the GST in July, some structural changes in the economy are also at play. Apart from imported inflation, which can be addressed with the exchange rate policy, much of the current inflationary pressure stems from domestic sources. Plainly, exchange rate policy is not very effective in dealing with domestically driven inflation. Policymakers will need to utilise non-monetary policies to complement the exchange rate policy if inflation is to be kept in check. The above is part of an article posted in littlespeck.com. What is actually affecting the people today is that their income is shrinking. Yes, they are getting a huge pay cut without knowing it. And to maintain their same purchasing power, a huge pay rise is necessary just to go back to square on. The illusion of huge pay rise is as good as watching David Copperfield and his magic show. It is all an illusion. There is no pay rise for those who got a pay rise, except those who got a very substantial payrise. Those who got little or no payrise is getting a paycut.

Chinese vote not lost

This is what Khairy believed. He believed that after all that had happened, after all that he had said and done, the Chinese vote is still with him. And for that matter the Indian vote. And he is confident that he has done the right thing and the minority votes will still support him. We will see.

Like that also got?

The Singapore Embassy has came out officially to dismiss Juwono's claimed that MM was the stumbling block in the DCA ETA agreements and that Singapore added new conditions to the agreements after it was signed by Juwono himself. I believe the Singapore side of the story. Singapore will not make any statement officially on such an important issue without getting its facts right. And what Juwono had said, sadly, is a reflection of the quality and mentality of the Indonesian leader. Tsk, tsk, tsk.

Children shattered and parents protest

The recent PSLE seemed to be taking its toll on the children if a letter writer is to be believed. Guo Weifu complained that his son was in the top class but came back shattered after the PSLE maths exam. He checked and found that many children also suffered the same fate. The questions were too tough and many were not able to complete half or more of the questions. This is indeed frightening when anything less than 100 marks is deemed no good. And the confidence of the children were literally smashed. Poor children. Poor parents. What is happening huh?