11/12/2009

Entrapment not for the good guys

Lawyers who plot to expose rival's wrongdoings and then report them for disciplinary action will now also be subject to sanction.' I quoted this from the ST to make sure that I did not misquote any word. Too risky talking about the legal profession. Sekali kena sue. What was reported in the paper is that some lawyers have been entrapping fellow lawyers and get those lawyers into trouble. In an honourable profession, such acts have violated some ethical issues. The good men of our society have set a very high standard of ethical behavior for themselves. In the world of triads and mafias, they have no need to observe such niceties. Entrapments, cheating, sneaking around, fixing their enemies are all part and parcel of the game. It is better to be bad men and live with a different set of ethics. Being good men is tough. Trying to fix up your peers can get you into trouble for being unethical. Conduct unbecoming of an honourable man.

Major Nidal Malik Hasan

The Fort Hood Massacre is the most successfully managed tragedy of modern day America. 13 of its young men were killed by friendly fire, and more than 30 wounded, not in Iraq, Afghanistan or Pakistan, but on home soil in Fort Hood. Unimaginable, that war started at home, just like George Bush ducking for cover during the 911 attack. It was not friendly fire to start with. Home ground was never a batttle field. Then what or how should this shooting be called, practise round or the act of a mad man? When the news broke, it seemed that hell will break loose and vengeful attacks could start like wild fires across America. But none of that happens. The great American people took it in their stride, that it was a freak incident by a misguided or deranged individual. And the media, plus the govt officials all sang the same song. A big reprisal has been avoided. There is a serene calm in the American community. The funeral was well attended and tears shed. Military honours were awarded to the brave soldiers who died before setting foot on enemy territory. America seems to have won this first round, to contain the damages and avoid more collateral damages. Is this the end of one chapter of America's history? Or would there be more to come? It is so fortunate that the KKK have been wiped out and the Nazi groups were all under controlled. The white extremist groups and white superiority movements have been silent, too quiet for comfort. Could anyone sense that something is brewing? Could this episode be history and life goes on as usual? My fear is that any wrong move of this kind is going to ignite a wild fire. Pray that such acts should not happen at all as one act could lead to another. Citizens of the world should seek peaceful coxistence and not resort to violence. For violence begets violence. God bless America.

11/11/2009

Chinese netizens attacked LKY

Chinese netizens were fuming mad and were up in arms over LKY’s speech in the US when he was presented with a Life Time Achievement Award by the American business community. In his key note address to the audience of American elites, LKY stated his stand that the presence of the US in Asia is welcomed as a balance against the growing might of China. He commented that even the combined force of India and Japan would not be able to stand in the way of a much stronger China, militarily and economically. The Chinese netizens were angry that LKY was in a way inviting the Americans into the region to be a balance against Chinese influence. And more than a week has passed, and all is quiet on the eastern front. I was hoping to hear or see some robust response from Singaporeans to defend the Mentor Minister. But I should have known better, the apathetic and kiasi Singaporeans will not do or say anything. What about the politicised Singaporeans or the politicians? Would they defend LKY against the attack by the Chinese netizens? Or should they? The only response came from Hsien Loong and for the rest, silence is golden. Maybe we will see a more robust reply in our Parliament when the MPs met. Or at least they could ask some questions if they did not bang tables and chairs. Or maybe the issue isn’t worthy to waste parliament’s time. Better to spend time talking about fore play and ethics. Now, what am I talking. Sorry, I meant fair play and and ethics. The reticence of Singaporeans when confronted by a hostile mob could be the consequence of our culture of depoliticisation. We were bred to keep our mouths sealed, see nothing, hear nothing, say nothing or do nothing. Unless, like Jack Neo said, if the govt said do then we do lah. In this case no signal coming from the govt, so no need to do anything. Letting LKY stand out alone to face the music does not look good. But on the other hand he does not need anyone to fight his battle. He is good enough to take on anyone. Then again, what is so wrong with his speech in the US? He was there, and said the things which his hosts wanted to hear. And with the hosts showering him with so many kind words, he was just being polite to return the kindness. What is said for public consumption is not necessary the same as realpolitiks that were usually thrashed out in the kitchen. The baba has taken a long journey to become a China man. What could be in his mind?

Bring back the law to hang horse thieves

The financial crisis is stabilising and things appear to be settling down. The banks and financial institutions are nursing their wounds after trillions of dollars have been thrown in to save them. But the thieves, conmen and fraudsters are still intact, still in the game, stealing from these organisations. The banks can afford to fail and go bust. But nothing will happen to these thieves and their collaborators. How so? They are so talented that whatever that they are stealing from the organisations are legal and contractual, approved by the Board of Directors who in turn are paid handsomely by them. Brilliant. Whatever that will happen to the organisations under their watches, the thieves, conmen and fraudsters will remain free, respectable, above the law, and very rich. The APEC meeting is in town and one of the first recommendation coming out is on how to save and protect banks and financial institutions from going down. The wise men and women have proposed a long list of do's and don'ts, to tighten control and procedures etc etc. Someone even suggest that banks should buy more insurance to cover their positions. They forgot that insurers can also go bust. And who is to insure the insurers. But the most important element they forgot to safeguard is the thieves, conmen and fraudsters. These thugs are allowed to continue to do what they were doing, to enrich themselves by robbing the banks and institutions in their control. The wise men and women in town seem to have forgotten that there is nothing wrong with the banks and financial institutions but the people managing them and robbing them. My simple layman recommendation is to reintroduce the law against horse thieves. Hang them and confiscate all their ill gotten wealth and return them to the organisations they brought down. That is the only insurance against these thieves. They must be held accountable and be made to face the ultimate punishment. Nothing else will work. The thieves, conmen and fraudsters are working within and inside the system. Where is the resolve to clean up the system? Or are the thieves, conmen and fraudsters still at work and having a say in all these recommendations, to cover everything except them?

11/10/2009

Panic button or election fodder?

Not too long ago, the developers were trying to sell the line that 1000 psf properties are cheap and could even go higher. They knew their sums. More foreigners, limited land and limited supply, sure property prices must go up. Then some quarters were extolling the great virtues of our housing programme and how lucky we are compare to the mickey mouse flats and shoe boxes for rats in Hongkong, and selling at 3 times our prices. The message is that housing prices will keep going up and the sizes of flats will shrink. That is the future of Singaporeans. And there were quarters telling the people that public housing prices are affordable and good value for money. And supply is not a problem. Then a few days back, Chok Tong and then Mah Bow Tan came out to assure the people not to panic, don't rush in to buy, the govt will provide more affordable housing by putting up more land for bidding. It is like going to the toilet and the flats will be out in a few minutes. The MAS chipped in yesterday to warn of more measures to curb speculation if necessary. This is turning into something quite serious. Is all these panicky measures necessary? Looking from the positive side, Singapore has more than 800,000 units of public housing alone. If the govt could relax the sub letting rule and let all public flat owners to sublet their flats to foreigners, all Singaporeans could be instantly turn into landlords. In such a scenario, there is no need to build more flats. In fact the flat owners will be begging the govt not to build more flats. Squeeze the supply so that their flats can be worth $1m or $2m. Then they have the options to sell them or sub let them at higher prices. And all Singaporeans need not work anymore, just live on the income of their rentals. We will become a land of landlords. And we can increase the population to 8m and the people will be asking for more to increase the demand for rental flats. Foreigners will all be welcome. No need any campaign to be nice to foreigers anymore. All the flat owners will live happily with the foreigners as their tenants. And we will be number One again in integrating foreigners with our citizens and they all live happily together, under one roof. Won't that be nice?