No need for corporate governance

With so many abuses and frauds being exposed in our industries, I must say that it is a daunting task for the administrators to regulate and ensure that the consumers are not cheated, that there is fair play and ethical business practices. The job is so difficult and we should pity them for not being able to prevent all the funny things that are happening. What we should go for is a free market system, when anything goes. No need for governance. Every consumer be made aware, let caveat emptor be our governing principle in doing businesses. In a free market system, everyone will get wiser and learn to protect themselves and there no need to have huge organisations with thousands of people employed trying to administer and regulate when it is near impossible to do so. Make our economy really free, free from any encumbrance, free from regulations and interference. Let the law of jungle rules. Would that be nice, be more efficient? And no one needs to be blamed, no one needs to find excuses when things go wrong, no need to justify for any breaches or failures. Yes, caveat emptor is the way to go. And no need to kpkb.

Child bearing a social responsibility

Yong Kong Peng wrote to My Paper saying that child bearing is both a personal and social responsibility. This is a new twist to what child bearing is all about. People is our national resource and citizens have a social responsibility to produce babies. Put it in another way, child bearing is a national duty! How many of you agree to this? And if it is a national duty, would the nation be responsible to bear part of the cost of upkeeping the child? Interesting ways of looking at things that we take for granted. So for those who produce more children are more responsible and should be rewarded?

New kid on the blog - p65

The p65 blog is evolving and is crashing into the blogging scene with another loud bang after the first bang whimpered away. This time some big guns were lined up to write for the blog, Mrs Shereen Aziz-Williams, Britain based director of the Council of Ethnic Minority voluntary Sector Organisations, unionist Mohamad Nazir Sani, grassroot leader Terence Quek and MPs are all in the line up. If you are born after 1965, have non partisan and neutral views, and constructive criticism of policies, you are welcomed. Partisan views are not allowed, I think. I am still trying to figure out what these mean. And soon they will also have photos and videos, including snapshots of interesting things around the neighbourhood. Welcome to the blogging world, p65.

The kangaroo courts of ASEAN

Aung San Suu Kyi has been sentenced to another 18 months of house arrest. The sentence was actually half of what the court passed down, 3 years of hard labour. Her crime, a stupid American, a big fat slop, floated into her house in the night uninvited and stayed there for 2 days. The crime was so serious that that was a big trial and a big sentence. And ASEAN countries rose to their feet and banging their chests against the kangaroo court decision. Somehow I got this funny feeling that they don't sell mirrors in ASEAN. Don't they see kangaroo courts everywhere? Maybe not, some are more equal than others.

The bizarre behaviours of Singaporeans

44 years of economic and material success have spawned some very strange behaviors among Singaporeans. We spent so much to buy a house or flat, furnished it up like a palace, but spent our time outside, most of the time at work. And the maids are the ones enjoying the million dollar or multi million dollar assets. Then we paid so much, the highest in the world, for a car only to park at home. Too expensive to drive, too many ERPs and car park charges to pay. And we are encouraged to park the car at home and take public transport, cheaper and more convenient. And when Singaporeans travelled, instead of seeing the places, they went shopping. The best part is that they would head for the cheapest bargains, buying stuff that they could get in Chinatown or pasar malam, at even cheaper prices. And they are happy that they got a bargain. And while the heartlanders are busy trying to make a life here, being told to bust off if they are not happy, which they could not, the rich and presumably very happy and contented citizens are buying up properties overseas just in case they need to make that escape from paradise. While many Singaporeans are thinking of jumping ship, or preparing to jump ship, hoards of new immigrants are rushing in to take their place in this paradise. And to top it all up, they keep complaining about the govt and all the policies that they found unpalatable, come every election, they will vote and return the govt to power. Strange Singaporean behaviours.