5/22/2008

Singapore's Hall of Fame

With so many super talents gathering in this little piece of rock, it is timely that we shall have our own Hall of Fame. To start with we can instal the honour to a few founding members like the Super Gambler, Super Fundraiser, Super Monk, and so on.

The Peanut Monk

From the view of the practitioners, paying a monk peanuts is the most appropriate means of compensation. Peanut is also vegetarian. Having more peanuts is good for a monk. From a professional and business point of view, a monk that can command $600k must be a super talent. To be able to raise that kind of fund to pay himself requires exceptional talent. An entrepreneur comes to my mind. Perhaps they can nominate him for the Entrepreneur of the Year Award. For the prices he charged, or the temple charged to the consumers, it must be quality service and quality stuff. Value for money. The more you pay, the better you get. You want good stuff, you must pay for it. Soon someone will write to the media to extol his greatness and that he is deserving of the pay he is getting. Now what more justifications can I add in to support this kind of philosophy? The Hokien has a phrase for it, something like 'bird talk.'

5/21/2008

Mahathir resigned from UMNO

What is he up to? Is he saying that if he is out and down, everyone, including UMNO must also be dragged down? I think it is a very irresponsible act for Mahathir to do. With this move, UMNO if finished. Just 20 or 30 candidates to follow him and Mahathir would have deliver UMNO to Anwar on a silver platter. But that is beside the point. UMNO will henceforth become a small and inconsequential race party, and soon be forgotten to history. It will be a has been, for the oldies to recollect their memorie of its former glorious days. But might as well. He has paved the way for UMNO's destruction for 22 years. Might as well take the honour to hammer the nails into the coffin.

Sichuan Earthquake Donation

The tragedy and death toll of the massive Sichuan earthquake have touched the hearts of many people both in China and elsewhere, including Singaporeans. Many people are donating very generously to help the victims. Hawkers voluntarily put up signs that they will donate their day's earnings to the victims. People queued up at the Chinese Embassy to donate in thousands or tens of thousands of dollars, in cash or by cheques. While many people spontaneously gave to help, there is always the question whether the money will get to the victims. The fund raising is voluntary and haphazard and depends on the goodwill and honesty of the people collecting the fund. Under such circumstances, scams or cheats will appear to take advantage of the people's generosities. The Charities Acts require anyone raising funds to submit an audited account. But in this case, it is not necessary at the request of the Chinese govt. In the case of small individual efforts like the hawkers, it may be cumbersome to manage the fund raising and a bit of give and take may be acceptable. But when the amount is big, proper accounting and auditing must be in place. I find it very unsatisfactory at the way the Chinese Embassy handles the fund collection. The procedure is totally unacceptable. People going there and handing over cash in the thousands and all they received was a piece of photocopy paper with a chop from the Embassy saying they have donated such a sum of money. That is the only piece of paper given to the donor. On the part of the Embassy, they did not keep any copy nor did they record it anywhere that the sum is received. Money were just shafted into a box. Presumably they will count it themselves and aggregate the sum collected. But such a procedure gives rise to uncertainties and possibilities of misconduct. The Embassy must do something quickly to assure the public/donors that the money is properly accounted for with a proper accounting procedure. Even the collection of money in a funeral wake is more credible with the donor signed a book against the amount he contributed. In this case, the Embassy will not know who donated and how much were donated.

MRT adds 700 more trips weekly

MRT has added more trains to alleviate the congestion in trains and lessen the waiting time. Commuters interviewed hardly noticed any difference though some said the trains were slightly less crowded. With 700 trips a week added and the impact was hardly felt. It can only mean that the trains were still travelling in full capacity. What is interesting is that some(two spoken to by the media) commuters expected a price hike for the additional trips and welcomed higher fares. MRT has commented the additional trips would cost another $5 mil annually. Would this be a reason to raise fare given the $150 mil profit it earned last year, and could be more with increasing ridership? The additional $5 mil cost could turn in more profit rather than lost as more people switched to take public transport. My view is that a price hike is good. It will force those who cannot afford the fare to give up taking public transport. They can walk to work. This will help to relieve the jam in the trains. For those who can afford to pay more, it will be a blessing in disguise as they will be able to travel in more comfort with lesser passengers to squeeze with, more free space and fresh air. Geeze, I am getting wicked, talking like an elite. My comfort comes first and I will pay for my comfort. Those who cannot afford to pay is their problem. They are not fit to be around. They should work harder and find the money to take public transport. And it is so cheap. How can they said they cannot afford to pay? And cheat some more! TParadise has no place for the unfit, lazy and untalented.