7/17/2008
Notable quotes by LKY
One freak election will ruin us - LKY
I think this is very real. Under a normal electoral system of one man one vote and one MP one constituency, the chances of a freak election is lesser. Today, our election is decided by slightly more than 10 GRCs. And with the way things are happening, all it needs is one MP or minister in a GRC to incur the wrath of the people, and the particular GRC can go kaput. And it is not easy to lose a handful of GRCs at the way things are going. Losing a handful of MPs in a single ward electoral system will not cause any harm. Losing a handful of GRCs can be as good as losing an election.
The GRC can cut both ways. It can entrench the position of a ruling party, it can also cause the ruling party to lose everything in a freak election. It can happen.
Murphy's Law is very powerful.
Authoritarianism is good
The new mantra that everyone is singing is that authoritarianism is good. At least it is good for Singapore. And China and Russia are coming here to learn our new authoritarianism.
I think this could be our national day message. Singaporeans prosper under authoritarian rule and Singaporeans love it. Long live authoritarianism. We are going to teach the world about this new authoritarianism.
Myth 185 - Causes of inflation
As I type this post my fingers are trembling with joy. It is such a profound idea that I have come across since an apple fell on Newton's head. Even in the darkest hour of the night, the thought of it could make me see light everywhere. I could even feel the surge of orgasmic pleasure rising in my veins.
We have heard about imported inflation. And this could be managed somewhat by maintaining a strong currency. The raising of fees and prices of goods and services will not cause any inflation. This is true. You just pay more that's all.
What then causes inflation? It is the workers' salary. The workers form the bulk of any population. Controlling their spending power is the key to inflation and controlling inflation. And the easiest way is to make sure they don't get any pay rise. Freeze their wages and you will freeze inflation. If the wages of workers is frozen for 10 years, we will have inflation controlled, or no inflation, for 10 years.
The simplicity and enormity of this powerful idea is stunning.
Disbelief!!!
Many are shocked and many still in disbelief that Ren Ci's Abbot Shi Ming Yi is being charged for cheating in court. The complacency is quite deep rooted and has been inculcated into the Singaporean mindset over many years. Singaporeans have been taught to accept and believe that everything is in good hands. Do not question. Questioning is creating trouble and will have its due consequences. Better shut up and let the gods do what they think is best.
Even in blogs and forums, you can feel the discomfort expressed by the fearful that speaking up is bad. You may even be attacked for speaking the uncomfortable truth.
We need more fakes to be exposed to kick Singaporeans out of their long slumbers. And the higher the profile, the better. Let's have a few more big ones. We need the shock treatment to get Singaporeans questioning again and not to accept things as they are told to accept. We need a relearning process which could take another whole generation to rise up to be competent first world citizens.
As of today, we are still third world in mindset. We are simply believers in blind faith. Best part is that we are told to be believers.
Where got complacency?
7/16/2008
Step aside SIA, DBS, Temasek!
You are all small boys in the big league. You have tried so hard, think so hard, employed the best money can buy from the world. You have the best super talents to do the sums. How much are you making together? $5b, $10b?
Petronas made $24.4b just simply pumping oil from the ground. No need to work so hard, think so much, hair all turning white, and taking great risks. And they are raising petrol pump prices by 41%! They cannot afford to subsidise their people because everyone is not subsidising.
Err, not exactly. Everyone is the non oil producing countries or net oil importers. For the oil producers, some are selling oil to their people for less than US 30c per gallon. No wonder the Malaysians are protesting.
What a lucky country! Only unfortunate thing is that the leaders are not thinking. People cut subsidies they also must cut subsidies.
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