7/02/2009

Was it $214 or $124?

A couple of days back a forumer wrote to ST, I think, to complain about having to pay $214 for a H1N1 check in a govt hospital, or was it a privatised hospital? H1N1 is an epidemic that is going to affect the whole population. What if everyone finds this too expensive and refuses to seek treatment, how would the situation develop? What would happen if the people find our medical fees too high and choose to skip treatments for all their deadly diseases and sickness? Can we say, well it is their own health and it is their own problem. If they die, we can replace them with more migrants or with new citizens. What if the diseases they are infected were highly infectious? Would it become a crime for not seeking treatment?

Sweet dream turning into a nightmare

I was at this long queue of happy people waiting for our angpows. The queue was long but the people did not mind. The govt had announced that it would be giving out $2b worth of angpows to the people as part of the Sharing the Nation's Angpow Programme(SNAP). This was mooted several years back and was finally being implanted. Profits from the country's investment of our reserves would be shared with the people. At an estimated sum of $500b and a 3% return it would give a neat profit of $15b annually. Of this, $2b would be shared with the people so that the golden goose would not be killed in the process. Everyone was in the queue. And so was I. Then screams were heard and the queue scattered in all directions. No angpow, not for another 10 years at least. The fund managers need to earn back the $100b that were lost. Without the loss, $100b at $2b a year could be spreaded and given to the people for 50 years. Now we have to live with not angpows. The people were angry but that was how fate had dealt the people a nasty blow. We had a lot of money and wanted to make more. Through no fault of anyone, the world financial system collapsed on our investment. It was a sweet dream that turned into a nighmare. Then I woke up feeling pissed.

7/01/2009

Najib making very bold moves

After his proposal for closer cooperation with Singapore, Najib is making even bolder policy changes that will test his tenure in the hot seat. His new changes on foreign ownership of private corporations and properties even surprise me. My earlier impression of him was that of a careful and not to ruffle feathers PM. His third bridge has already created a storm. Now the announcement of these changes could raise a typhoon if he does not have the backings of his cabinet. While these are good to attract more foreign investments, the question is whether they are enough? Is there any assurance that the next PM would not remove everything and back to status quo as before? Would the foreign investors feel confident that this will be the new Malaysia for the forseeable future?

Discrimination - Another point to add

Another major difference between Malaysia and Singapore is that in Malaysia, racial discrimination is official, legal and morally a right thing to do. Anyone opposing such discrimination can be threatened with bodily harm or attacked by mobs running amok. In Singapore, the official position is no discrimination. It is against the law. The govt is embarrassed by whatever little signs of discimination and took pains to explain why it was a necessary evil, a temporary one. When conditions are favourable, we can see that all discriminations will be removed in a matter of time. In Malaysia, discrimination is institutionalised, a way of life, official govt policies and will be there to stay.

Putin was furious

Putin has been on a warpath against the high cost of living in Russia. He yelled at the grocer for selling sausages at $11! To him it was too expensive though the grocer told him it was good quality. He was on a rampage and took it personally to bring down the high cost of living. I was wondering what would he say if he knew that the flats at Duxton Pinnacles that could be sold at $300K was sold at $500k because the market forces said so, because people were willing to pay for it? Maybe if he were a Singapore leader he would say differently, and said, 'Very clever!' Or 'Good for the economy.'