9/11/2008

Too much money!

This should be the title of the next movie for Jack Neo. The concept of Money Not Enough is over used. He should talk about people with too much money, when they do not know where the money is coming from and what to do with the money, and still crazily asking for more money. My definition of Too Much Money is one month's income that is more than enough for one years expenditure. But it should exclude purchases like bungalows, yachts, exotic wild parties etc. To include such big ticket items, then there is not limit. You can buy a bungalow or ten bungalows everyday. Having dinners every night in a restaurant for the whole family are normal for people with too much money, but acceptable. People with too much money should be able to spend without batting an eyelid on the best food and best quality daily needs. The moral of the movie shall be how crazy and greedy people are when they fall into the category of Too Much Money and still asking for more money. And another plot should be on how those with Too Much Money are turning to doing more meaning things to better the world and other people's life instead of chasing for more money.

How to tell your own tooth

How to tell your own tooth with the backing of statistics? Piece of cake. I saw this chart on sales of private homes in My Paper today. The heading of the article is 'More HDB owners upgrading'. Reading from the chart, it quoted a 'DTZ's analysis of caveats captured by URA's Realis system,' and said, 'The number of private homes bought by those with HDB addresses also increased 35% quarter on quarter to 1,199, outpacing 3% increase over the same period in the number of private homes picked up by those with private properties.' Now comes the interesting part. Comparing the 1Q08 to 2Q08, the numbers were 888 and 1,199. So we see a 35% increase. But if you compare 2Q07 and 2Q08, also quarter on quarter, the numbers were 2,982 and 1,199. This is a fall of more than 50%. If one just read the heading, it gives the impression that more HDB owners are upgrading. Which is true if one is comparing 2Q08 with 1Q08. A rosy picture. But when comparing 2Q08 against 2Q07, it is like a recession is coming. And looking at the bigger picture, total purchases of private homes in 2Q07 is 13,513, 3Q07 is 9,441, 4Q07 is 5,,069. Then look at 1Q08 at 3148 and 2Q08 at 3,518, we are seeing a shrinking private housing market, from a peak of 13,513 to 3,518. Depending on how one uses statistics, it can tell all kinds of stories.

Statistically speaking

The Americans spent 16% of their GDP on healthcare. The Japanese 9%. So statistically speaking, we should spend more on our healthcare. The numbers must be right. Don't compare the lifestyle of the Americans and the chunks of meat, alcohol and tobacco they are consuming. Don't worry about their income level and the carbon monoxide they are breathing in from their 6000cc limousines running on the road. We need to spend more as others are also spending more. Singaporeans should spend $15 out of $100 on healthcare. This is reasonable. For the poor buggers and the losers, who have to spend every single cent of their income every month, $7 out of $100 go to GST. This would mean that for every $100 they earned, $22 must be set aside just for these two items. How much must go to public transportation? Well. this is a first world country. Nothing is for free. And we give good quality. Our medical care is world class. And this is the cheapest we can go. And don't expect our world class hospitals to provide less than world class services and healthcare. For that type of services and quality, please go to neighbouring non first world countries. They are definitely cheaper. And patients are asking for titanium inplants instead of cheaper steel products. That is the quality of our patients and their ability to pay. So medical care must surely cost more.

9/10/2008

Let it be other people's problem

See, I don't live in Serangoon Garden. Should I just support the plan and let the foreign workers be housed in that school and the problems stay there? This island is just too small and running out of space. Not there must be somewhere else. Maybe they will house them next to my estate. Ok, I support the location of the foreign workers in Serangoon Garden. Another way of solving the problems of foreign workers is to engage them. Embrace them as your long lost brothers. Organise welcoming parties for them. Invite them to have dinner with your family. Recruit them to patrol and guard the estate. The problem becomes the solution. The people the residents fear become the people to help the residents. What an ingenious strategy. Turning adversity into an advantage. PS. Don't pray pray with unknown elements. My mother told me not to talk to strangers. Old mother's tale.

The heat is on

As the Ahmad Ismail controversy continues to boil, the dividing line becomes clearer and partisan politics is gaining ground. The pro Ahmad Ismail camp is digging in as the other side pushes the govt to take action against him. The frightening picture of May 13 is flashing across many people's mind. Could this be the excuse to thwart Anwar's effort to become the next PM? The Armed Forces Chief, Abdul Aziz Zainal has spoken and calling the Malaysian govt to take stern actions against those stoking racial sentiments. The Police Chief, Ismail Omar, said his men are ready to keep things under control. When the two uniform chiefs are showing concern, things are looking dangerous. Some opportunists may seize this as an opportunity to start a fire. Will Malaysia burn again?