No further need for charity shows

With automatic insurance schemes starting from birth to 20 years old, with CPF, Minimum Sum Withdrawal and Annuity Schemes, and also lease buy backs, Singaporeans should be adequately provided from cradle to death. There should be no need for charity shows in the future when all these are in place for the new Singaporeans. And all these are provided by the Singaporeans own pockets. No need charity and welfare from the govt as well. We have taken for granted that all Singaporeans can afford all these schemes in addition to supporting themselves and their families.

Govt going into selling insurance business?

First we have compulsory annuity schemes. Now we have automatic Medishield for kids. And more schemes for youth and young adults on the way. Where else can one sell insurance in a large scale to the masses in such an easy manner. Compulsory and automatic. The latter, ok, can opt out within a month after automatic inclusion. And at $30 annual premium, I concur that it is affordable. What if the opt out rate is too high to make the scheme not economical? Would it then become compulsory? It is a good scheme and good for the people? Why not make it compulsory in the first place? Or why not make compulsory annuity be automatic and allow the people to opt out of the scheme if they do not want to? The premium cannot be a key consideration to decide whether it is compulsory or automatic I supposed. $30 versus $1000 or more per annum?

Curbing property speculations

Mah Bow Tan announced new rulings to curb the hot property market before it starts boiling out of control. The fear of a spiralling high property prices running beyond the reach of the average Singaporeans is a great concern. And now this concern is also creeping into the fear of FTs who will also be aversely affected. And in turn the whole business cost. What seems to be lacking is a clear strategy as to what the property market should be like and how Singaporeans of different income level would be accommodated in the big scheme of things. We have the HDB market, the condo market, the landed properties and the high end market. The different markets can be structured to serve the different sectors of the population, local and foreign, carefully planned to benefit the real home owners and the speculators, balancing a need to keep properties affordable and at the same time a lively speculative markets. We are now seeing piecemeal solutions to a very complex problem.

Madrasah to revamp

Yaacob Ibrahim announced that three Islamic schools would have their curricula revamped to raise the standards of academic subjects. This is a very bold move that will change the direction of the Madrasah schools and the orientation of its student products. For all these years, Malay students enrolled in Madrasahs are steeped in religious educations, spent a big portion of their time and effort on religion and related matters. This will have its toll on the time spent on the pursuit of academic and non religious subjects. And I think it is asking too much for the students to excel in both religious and academic subjects. To concentrate in both areas equally is very demanding. The competiting attractions and importance of the two paths make it a very difficult choice for the Malay leaders to choose. There must be a compromise and give and take whichever the path is chosen. And only the Malay leaders can make such a decision with the support of the Malay community.

Pluralism versus Homogeneity

China, India and Japan are flying to the moon. These Asian countries are doing it all on their own. Homebred and homegrown talents to drive their space programmes. And the Russians have been doing it all along. On the other hand there is this great mixed pot called America with talents from all over the world. At the moment, plurality of talents is leading the competition by a nose, taking the Russians into the picture. Would we see a homogeneous country, depending on their own talents, outdoing a plural society made up of the best brains from all over the world? It is a new kind of experiment on the world stage. What if it eventually proves that home grown talents can do it on their own without foreign talents?