Can professionals get their terms right?

Goh Eng Yeow from ST reported that David Loh and Han Eng Juan were 'executive directors of UOB Kay Hian. The heading of his article screamed, ' 'Dream Team' remisiers fined by MAS. Anyone reading the headline will quickly form the impression that remisiers got fined. And remisiers are always in trouble with their practices and in trouble with the law. Some times back there was another director that was sent to IMH. He too was called a 'remisier.' According to my professional knowledge of this industry, remisiers are independent sub contractors working in broking houses. They are never directors of broking houses. Directors of broking houses, eg executive directors, are normally company employees. They are not remisiers. I stand corrected if some broking houses actually give titles like directors or executive directors to their remisiers. Can professionals get this simple terminology and distinction right? Would the Remisier Society correct this impression that remisiers are not always infringing the laws and got fined?

The Otak Stall is closed

The Otak Stall is a new site in Delphiforum set up by Otak69 after Sammboy Coffeeshop was disbanded. It has been in existence for a few weeks and has to be closed down due to mysterious circumstances. This is what Otak69 posted in Singapore Kopitiam on his reasons to close it down. 'I've received a threat, possibly from ISD (or an impersonator), to face a lawsuit unless I close this forum before 2359 tonight. The person claims to know my I.P. address and had correctly named my ISP host, amongst many other details. I hope fellow bros will understand that this is a tough call for me to make to close this forum prematurely even though I do wish I didnt have to. I will risk facing a lawsuit if his claim is true. Bros may proceed to the other ficklebug's forum. Do get organised there ASAP. Otherwise, you can be sure that the same fellas will be trying very hard to disrupt your efforts there. I wish you all best of luck. http://forums.delphiforums.com/3in1kopitiam/ Note : I've made up my mind to kill off this nick, otak69. It will perish with the closure of this forum. It will never arise again and all subsequent iterations of this nick are clones. Do not respond to them or be lead by them if they try to impersonate me. I had a lot of fun with you fellas. Will miss you. otak69, signing off from The Otak Stall. 10/9/08' There have been many accusations and cross accusations by the forumers in The Otak Stall on their backgrounds and who they really are behind the nicks. We don't really know what is the truth and the details of any conspiracy if any. What is important for all bloggers is to use the internet as a tool for communications and stay away from crimes or dubious activities. We stand by what we post.

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.