President Wee Kim Wee

I read a post in Sammyboy forum praising Wee Kim Wee as the humble and down to earth president that Singaporean loved. And another forumer saying that no one could get his name wrong as you could read it forward and backward and still got it right. With all due respect to President Wee, let's hope no reporter or msm is going to print his name in the western format with his family name behind his name. Fry the bugger if it is in the local press.

Charity begins at home

'Amid calls by some US lawmakers for wealthy universities to lower tuition costs, officials at Stanford University have said they will no longer charge tuition to students from families earning less than US$100K (S$140K) a year. For students whose families earn less than US$60K a year, Stanford will not charge for either tuition or room and board.... Stanford is now among a small string of top tier schools, including Harvard, Yale and Pomona College, that have taken steps in recent months to help middle class families and, in some cases, households with incomes ovr US$150K.... "We will continue to evaluate international applications on a case by case basis."....' Reuters, Los Angeles Times, New York Times, Straits Times. How would these compare to our policies on education? Oops cannot compare apple with oranges.

Wrong place to look for role models

Edison Chen said he was not a good role model. His girlfriends in the videos admitted that they were naive. Why would children all look up to these bad role models and naive girls as role models? There are many good role models in many other professions. The last place to look for role models, you know where. The most naive group of people coming out from this episode are those people who look at them as role models.

ERP, pay according to usage

Thomas Koshy has some great suggestions in his article on ERP rates in Today. The principle he relies on is that the more one crosses the gantry, the more one pays. And for those who cross more, the rate will also be higher. At the other end, I like this best, is infrequent users will be given a kind of waiver for the first time they cross a gantry. The fees not collected is compensated from the high users. As for those in the transport business and need to transport goods and people, try to use buses and MRT to save on paying more ERP charges. And for those unfortunate poor buggers whose travel patterns require them to cross ERP frequently, or have an ERP outside their homes, maybe they can introduce something like a frequent travellers or mileage rewards like what the airlines are doing. Very interesting suggestions, the same principle as using water. The lesser water people used the better. The lesser people use the roads, the better. Why do we need to build roads and rails?

High property prices

How to help Singaporeans when property prices are destined to go higher? I dreamt of a good scheme to ensure that all Singaporeans will have money to buy their dream flats. I mean HDB flat. The private sector high end flat is a different kind of dream. So how does this work out? My premise is that all the young men and women at the age of 25 must have at least $100k in their CPF accounts. This money can come from a CPF insurance scheme paid by their parents on the day of their birth. For a start, the day a baby is registered, $30k of one of the parent's CPF accounts should be deducted and set aside for a Housing Endowment Fund. This fund will simply grow and by the time the child is 25, it should be around $100k or more. If the parents have two or more children, the equivalent amount should be set a side for the respective children. With such a scheme, no young people will have problem paying for a HDB flat in the future. Not bad idea huh.