The Sahibs are coming

Obama is going to put a cap to the salaries of CEOs whose corporations received bailout aids from the govt. Many of these highly talented CEOs will be making a beeline out of America, and where to but paradise. It will be a great loss to America, a brain drain. America will lose their great talents. And paradise will benefit from their presence, their skills, experience. More good years ahead. Just pay them for what they asked for. Every cent is worth it. They will come in handy to manage our investments in Citibank, now BOA, UBS, Barclay and whatever.

An end to treasury raiding

Obama is furious at the irresponsibility shown by the corporate big wigs in Wall Street and the American corporate world. Despite so many of them being bailed out by the taxpayers, they are still splurging on themselves and paying themselves crazy. Obama is going to put a stop to all the money madness in America. He is going to put a cap on the CEO's salary at US$500K per annum for those corporations receiving govt aid. This madness of salary without a cap is running to a wall. It has been going on for too long. How could it be allowed to continue for so long? An employee with an open ended income that can literally shoot to the moon? Only the greedy could not see anything wrong with it. There must be a cap to all salaries and all incentive schemes to stamp the abuses and corruption in different guises.

Making sweeping statements

This appear to be the norm in Parliament. Low Thia Khiang was whacked for running down the JCS outright. Of course there are goods and bads of the JCS. It is not meant to be a cure all solution. Then there were sweeping remarks that the netizens were immature as if MPs were mature in making such unqualified remarks. There were unkind and cruel remarks of Seng Han Thongs burning. There were many sites that gone to town burning the news. There were sites that did not do that. At least I know redbeanforum.com and mysingaporenews.blogspot did not. Don't make sweeping statements to tar and feather everyone. That is immature even when spoken in Parliament. So, does Lui Tuck Yew really think that netizens should regulate themselves or a body of netizens to regulate other bloggers? What a missed opportunity that we don't have ABS in action. To tackle the abusive bloggers is a full time job. Who would want to do it for free! Everyone is asking to be paid for doing national service. Let's be realistic. A reasonable voice may say a little to moderate the outcry. But would he/she take it on himself/herself to police the net without being paid? Come on, you must know how big cyberspace is and how much work needs to be done to trawl the sites. Ok, so what's next? More regulations and setting up cyberspace police squad? Or sending in the insurgents to attack abusive bloggers, fighting fire with fire? This will only define the war zone and set up a never ending feud between the nasties and the govt. Another option is to pay for the services of PR agencies to do the PR jobs. But that would be costly and may also backfired as anyone seen to be speaking for the establishment for the sake of it will be attacked or ignored. It is not an easy task to moderate the feelings of bloggers. And don't take the outburst so negatively. It is the purest and most brutal truth, a genuine feedback from the ground. Silencing them will only throw up the sweet and pleasant tooth. Is that what the govt wants to hear? To have the raw feelings out is better than just hearing the good stuff. Maybe paying some established bloggers to be the voice of reason to cool down temperatue could be a possibility. But it is a tricky task. Mishandling it would discredit the bloggers and fan the fire. You need good seasoned bloggers to handle this in the most acceptable way without offending the already angry mob. And it takes a lot of effort and devotion. Doing it for free? Fat hope. It is still a task or a role that has to be filled. And only respectable bloggers can do the job, carefully without ruffling feathers or rubbing the bloggers the wrong way. The heat can be lowered and cooled with the right effort. It is all about maturity! And not making sweeping statements to run down all and none.

Ouch!

Click the wrong button and lost my Contributor list! Got to re enter one at a time again. Anyone knows how to get it back?

Low Thia Khiang taken to task

It was reported in the ST that Low Thia Khiang had doubts on the effectiveness of the Jobs Credit Scheme in saving jobs. "He was promptly taken to task by six PAP MPs,...including labour chief Lim Swee Say.' Surprisingly several PAP MPs also questioned the same thing as Low Thia Khiang. But they were not taken to task. One thing which everyone is careful not to touch is the CPF. It seems that touching the CPF is taboo or will cause undue hardship to the hardlanders. And I too strongly disagree with Ngiam Tong Dow's suggestion that the CPF should be cut. I think he is too far away from the masses. Why can't we cut the CPF? Please ask the HDB or Mah Bow Tan.