What? Too much?

These seem to be the reaction of the public and the letters to the media forum. They are envious of the huge bonus that Liew Mun Leong has been rewarded. But what Liew got was all legal and just reward for his talent. Come on, what he got is peanuts compare to those in Wall Street or in Fleet Street. If we aspire to be a nation of rich billionaires, we must learn from Wall Street and pay the best talents their just rewards. Then only we can have more billionaires. I hope no one is going to call Liew Mun Leong to return his big bonus or a new law being passed to tax it at 90%. That will ruin our policy of rewarding real talents. All our talents will run away and we will end up as the net losers. In fact we should reward more to those who are underpaid when their responsibilities are much greater than Liew Mun Leong but getting less than him. Let Liew Mun Leong's bonus be the reference point to attract more super talents to our shores. Liew Kai Khuin wrote to the ST about the grotesque 700,000 pounds pension being paid for life to the former CEO of RBS. Why should it be troubling to pay him so much for life when his contribution and merits will be good for life even after he has left RBS? His contribution will continue, everlasting. And the public anger in the US over the bonuses paid to AIG was also raised. But we are different. We are making money, a lot of money! In the ST today it was reported that the homes of Sir Fred Goodwin, the disgraced CEO of RBS, has been attacked. And the attackers warned that it was only the beginning. They called themselves 'Bank Bosses are Criminals.' What is the world turning into? People getting honest rewards, just because the losers think that the rewards were a bit too much to stomach and they want to attack them? The losers must be put in their place. They must be reminded that if they were just as good, they too would be getting the multi million dollar bonuses. Please don't begrudge talents being paid their worth. Can I have some crumbs?

To spend or not to spend

Like real, as if I got all the money in the world to spend, to help the economy. I was planning to go for a foot massage. But now I am not too sure. LKY said, "I've got economists saying you've got to change your system. Wall Street Journal has said, 'Oh, this won't work, consume yourself'. Four million people to consume and keep an industry that supplies the world with top-end goods - it's rubbish." If what we spend, no matter how much, is not going to make any difference, I think I better save my $20.

34 more subsidised hospital beds

This is the bold headline in My Paper. Because of rising demand due to population growth, about 1 mil more non Singaporeans, and an ageing population, 34 more subsidised beds were added to bring the total to 3,656. Shall I congratulate the MOH for such a big increase in number of beds available?

Celebrating Singaporeans - Liew Mun Leong

Finally we have a Singaporean that could command a multi million dollar salary, getting closer to the talents in Wall Street. Liew Mun Leong of Capital Land was paid a performance bonus of $20.52 mil for year 2007. His total pay packet came to $21.7 mil as reported in Today. Can I presume that his annual salary is $1.18m or less than $100k pm? If that be the case, how many months of bonuses will his $20.52 mil equate to? 205.2 months! I am beginning to doubt my arithmatic. Did we have another world record? Well done Liew Mun Leong.

What is going on?

Tuesday, March 24, 2009 This blog is down until further notice. a. Regular CNA forumer JohnLaw who first reported on the CDC bonus has not been seen. b. Wayang.Party has been shutdown by ISP. c. Blogger PoThePanda was investigated by the police & ISD for his articles. I receive a few emails that a number have been followed. Something may be on. I'll be back once the picture is clearer Posted by LuckySingaporean at 3:24 AM The above was posted in Diary of a Singaporean Mind. What is happening? WayangParty reported that it is now back online and is investigating the cause of the breakdown. They suspected foul play. Coincidently Redbeanforum was also out on Monday evening. Are we thinking the same thing that something sinister is brewing? Who on earth would want to do such a damn thing? Lucky Tan's post makes one thinking of some forces at work, that we are being watched like the Communist countries or the days of Gestapo. I think it is all our imagination. Our security personnel are paid by public money and have better and more important things to do than to stoop so low and become petty pawns in a political game. The only reason for them to act will be threats to national security or terrorism. I don't think bloggers belong to these two categories. Should my postings be interpreted as a threat to national security, please email me or give me a call. I shall cease posting. Or maybe I shall post about lingeries and underwear, or which celebrity is sleeping with who. Or maybe I shall write about cookings, or better still write a cook book. That should be safe enough for good Singaporeans. Then I shall write about the most intellectual pursuit of Singaporeans, writing cook books. Then we will become the most intelligent