10/18/2007
notable quotes - loh chee kong
One man's 'acceptable business practice' is another man's kickback. Loh Chee Kong
This quote is quite universal and can be applied to many situations.
Super talents that are not
Our supertalents are at best good in names only. Or if not, the only skill they have is to hire consultants to do the job and thinking for them. But that surely does not require much talent. Most of the poorly educated Ah Beng bosses are doing the same thing, employing MBAs and PhDs to work for them.
We are engaging consultants to study and find solutions to get out of the Brazil list of tax havens. And we know why we were in the list. Our tax bracket is below 18%. And the Brazilians need to include us there so that they can tax their own companies operating here and our companies operating in Brazil. The Brazilian Embassy said so.
Do we really need to pay millions to consultants to study on this? Don't we have any local talents to do the same thinking?
Wrongful allocation of resources
One of the major strategic error of our education system is the allocation of university places to less financially rewarding courses. Every year thousands of fresh undergrads were admitted to the Arts, Social Sciences, or even Engineering Facualties and only a few hundreds to the extremely lucrative Law School. And when these students graduated and go into the job market, the law graduates on the average are going to earn 10 times more than the other graduates after a few years in the profession.
What the system should do is to reverse the intake. Send a few thousand students to take up law and a few hundred for the other courses. Then we will produce students that are highly marketable and in demand. The legal profession will be happy, the civil service will be happy as there will be no shortage of lawyers, the parents will be happy and the graduates will also be happy.
Now, why should we continue to send so many students to pursue courses that are economically to their disadvantage? And the students and parents knew but could not get them into Law School because of an artificially created small number of places available. There is no shortage of students wanting to study law and all of them will be very qualified for the course.
Or are we underpaying the graduates of the other courses?
10/17/2007
Does CPF changes affect Malaysians/PRs?
I don't think all these Minimum Sum, Medisave and delayed withdrawal will affect Malaysians or PRs working here. Not very sure on this. Any one knows?
Or would it mean that Singaporeans are now even worst off than non Singaporeans on this?
Subsidised patients demand for same standard
A letter by Lee Sze Teck to Today in a way demanded that subsidised patients must received the same standard of treatment. This is how foolish Singaporeans have become. Doesn't he know that a little tipping can get one ahead of a queue? Did he know that you pay for good service and better quality of service?
The case was over sick leave and hospitalisation leave. The former is normally 14 days paid leave and the latter can continued to be paid on sick leave up to 6 months. And the patient wanted the doctor to change the sick leave to hospitalisation leave. The reply by the hospital is less than satisfactory. Either the patient deserved sick leave or hospitalisation must be dependent on the medical condition. To say that a subsidised patient cannot make any request for such a change is distasteful.
But that is a different issue. Subsidised patients cannot expect the same quality of medical care as one who paid more. That is a brutal fact of life that they must accept. What they can expect is decent quality medical care. They are not going to get the most expensive and best doctor to attend to them. They are not going to get the most expensive medicine available for free or at a heavily subsidised price. They are not going to get all the frills and thrills that money can buy.
Subsidised patients are there to be treated just for his/her medical condition with due medical care and attention by a qualified doctor or professional. Yes, they cannot demand or choose who should treat them. They want that, they must pay for it.
They think this is a communist country where all men are equal? Stupid Singaporeans.
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