4/03/2009
Sentosa up its price for attractions
Some of the more popular attractions in Sentosa will have price hikes from $1 to $6. This is to increase the value of these attractions. Oh, like GST is to help the people. Quite logical actually.
Sentosa has spent quite a bit of money in an advertising blitz in February to attract visitors to the island. The money spent must come from somewhere. Further, one can expect that the attractions will be more attractive with the price hike as Sentosa is going to give more value for more money paid.
Just keep the entry into the island free and they can raise all the fees they want. Then it will be a case of demand and supply. I hope this island in the sun for Singaporeans will remain forever free. I dread the day when Singaporeans will again have to pay to visit the island.
PAP Youth Wing coming online
Yes, Teo Ser Luck is leading the YPAP into cyberspace. This is reported in the old media today. The YPAP forum, P65, PAP facebooks and what not, will be given a revamp and a big boost, a big bang into cyberspace. This is good news for the new media.
This new position of PAP is the best sign of approval that cyberspace is going to be here for now and tomorrow. We will have more views, more pro PAP and pro govt views to balance the current negativity in cyberspace. There will be more exchanges and debates over issues, and this will liven up the discussion. The army of young PAP activitists have been released into the cyberspace playground. No longer will they be leased or kept within their closed doors to chat among themselves.
The first thing I did was to take a peep at the YPAP forum this morning. No change yet. Still the same as it was before. I am truly excited and looking forward to the change. At the very least they will delete all the pornography being posted there.
Now, will the PAP activists take on the challenge of the cyberspace guerillas, warts and all, and return the same compliments?
4/02/2009
Top 10 highest paid politicians in the World
1. Lee Hsien Loong - Singapore Salary in dollars - $2.47 million Salary in local currency - S$3.76 million
2. Donald Tsang Yum-Kuen - Hong Kong Salary in dollars - $516,000 Salary in local currency - HK$4 million
3. Barack Obama - United States Salary in dollars - $400,000
4. Brian Cowen - Ireland Salary in dollars - $341,000 Salary in local currency - €257,000
5. Nicolas Sarkozy - France Salary in dollars - $318,000 Salary in local currency - €240,000
6. Angela Merkel - Germany Salary in dollars - $303,000 Salary in local currency - €228,000
7. Gordon Brown - UK Salary in dollars - $279,000 Salary in local currency - £194,250
8. Stephen Harper - Canada Salary in dollars - $246,000 Salary in local currency - C$311,000
9. Taro Aso - Japan Salary in dollars - $243,000 Salary in local currency - Y24 million
10. Kevin Rudd - Australia Salary in dollars - $229,000 Salary in local currency - A$330,000
The above is an extract from a Times Online article posted in Singapore News Alternative. And my god, the information was so wrong. Shall I correct it?
Doesn't Times know who are the top 10 highest paid politicians in the world?
When numbers are Pure Nonsense!
The saga of Liew Mun Leong is still on going. Another article by Lee Su Shyan in ST today questions the logic and ridiculous nature of the way numbers are being used to justified pay and think that it is reasonable and acceptable. Liew Mun Leong's bonus is equivalent to 0.7% of the company's profit which is very, very reasonable. Compare to Kwek Leng Beng's in percentage term, his $20.7m is smaller and thus fairer. Kwek Leng Beng's is 1.1% of his company's profit. Wow, too much!
Such use of numbers as comparison and justification is an insult to the shareholders intelligence. And it make a mockery of Obama's pay compare to the US economy of US$10 trillion. Obama should be paid many times more. And closer at home, Hsien Loong's pay is ridiculously low in percentage term to the GDP or whatever national data one wishes to use.
When would such cock reasoning be slammed as bullshit and a reasonable compensation formula become the norm in industries? Yes, the shareholders have a lot of questions to ask in the next AGM. They should also ask what the top twenty employees' bonuses were to be fair to Liew Mun Leong. If the top twenty employees are getting several millions each, then Liew Mun Leong should not be the one that is under the spotlight.
4/01/2009
Myth 206 - How accessible is our justice system to the poor?
The pride of our judicial system is that it is fair and just and accessible to everyone, theoretically. Everyone must have remembered the NKF cases when a few victims quietly paid up when faced with lawsuits even when they were in the right. They had to pay up, apologised and looked like a fool all because they could not afford the legal fees in a lawsuit. And there have been other cases when the victims simply weighed the cost and find it cheaper to pay and walk away than to fight it out for justice. Motor accidents must have many of such incidents.
Is our legal system really accessible to the poor victims? A few who have met the criteria of being shamefully poor may be able to get legal aids and assistance. But many will not fit in. I can safely said that legal justice is available to those who can afford to pay for it or those who are so poor to qualify for aid. In the case of tort or non criminal lawsuits, it is unlikely that legal aids or assistance will be available. Correct me if I am misinformed on this.
Is there anyway to make our justice system more accessible to the masses and the victims of injustice? I was reminded of the American 'contingency fee based system' which means no legal fees unless the case is won. I am still disturbed by the fact that this practice is not allowed here? What is so criminal or unjust or unfair to have such a system?
Under the present system, like it or not, when a lawsuit is knocking, you have to pay up first. Be prepared to pay and hope to win to claim damages against the other party. No money you lose by default. A 'contingency fee based system' will allow the lawyers to judge a case and take on the other party when there are merits for it. This in a way can stamp the frivolours lawsuits initiated by those with deep pockets.
The govt's legal aid can also provide such a service based on the merits of a case rather than on how poor is the applicant. Justice will then be available to the innocent and not innocent and poor. And the cost can be claimed from the other party. It is not necessarily a totally free service.
The availability of such a service will level the floors in the public courts and also provide more businesses for the legal profession. Of course spurious and frivolous cases will be lesser as the bully will know that justice is available to the poor and innocent as well.
Subscribe to:
Posts (Atom)