A mini golden handshake for retired workers

CBF worker or CBF economy? I thought it was meant to be CBF workers, but the ST quoted Lim Swee Say this, 'He pointed to the labour movement's current focus on building a more inclusive workforce with a CBF(cheaper, better and faster) economy. But this really make sense with the mini golden handshake that is being introduced in a bill to pay an Employment Assistance Payment to retired workers that are not rehired. The new law will expect an employer to offer continued employment to workers on turning 62 and later up to 67 years of age. If the employer is unable to offer an alternative employment he would have to pay an EAP to help the worker tie over the period when he has to look for another job. This is something that only a tripartite formula of ours could work. Good for the workers.

How about celebrating Singapore?

Singapore has grown in size and stature after one week of APEC. The leaders of the world seemed to have descended on paradise. And we have never seen so many fine and powerful people gathering here for one whole week to enjoy our hospitality and the best Singapore could offer, from food, entertainment, infrastructure, arts and culture. The number of people involved in the event, including the organisers, must be tremendous. And our leaders worked extra hard. Many must have sore hands after shaking hands with do many dignitaries. And the successful conclusion of the APEC Meeting with world leaders reaching some agreements in climate control, how to tackle the recovering economies, fighting terrorism, are the results of what this little place could produce. More important, the US or Obama, has taken a big switch in their position against Myanmar, much to the credit of ASEAN and the host of the Meeting. Obama met and spoke to Asean members, including Myanmar. The days of aloofness and arrogance, of keeping Myanmar away, incommunicado is over. The US is prepared to use diplomacy instead of threats, sanctions and wars to solve international relations. Singapore could take credit for it. A new Obama Doctrine could have emerged from his visit here. And Obama is inviting Hsien Loong to attend the Nuclear Summit in Washington next year. We are in the nuclear power league! We are now big and moving in the right company. We have arrived. Netizens should stop talking about petty things like cost of living, low pay, ERPs, handouts and charities. Let's all act big and behave big. Work harder and buy up all the new and quality homes that are going to come into the market. Singapore is a big country where people are all big and successful. We are an affluent society and must lead a lifestyle appropriate of the first world countries. The whole of last week is a good peek into what life can be in paradise. Everything so beautiful and dignified.

16 Nov is Singapore's Dog's Day

I declare 16 Nov 09 as the Day of the Dogs. A shopping mall in Serangoon Central has a 185 sq m playground dedicated to dogs, so that dogs can run free, enjoy sports equipment, running tracks, jumping bars, loops and exercise slides. And ST has devoted one and a half page on designer pooches, and how top dogs are bred to the likings and delights of their owners. We have dog restaurants and dog menus, dog parks being proposed and of course vet/dog specialists. While all these affections for dogs are good, let's not forget that there are babies and children. We do not want to end up where couples choose to have dogs than babies. Babies are no longer in fad. Happy Dog's Day.

Some pictures of Orchard Rd Disneyland

I will post more pictures as we move along to Christmas.

We need a few 'stupid' Singaporeans

Capitaland is going to build more affordable homes for the ordinary people in China. This set my eyeballs rolling. More affordable homes and in China, why not Singapore? And what is the definition of affordable? 30% or 35% of a person's income for 30 years? Our HDB used to build truly affordable homes for the people and the people greatly benefitted from it. For that, they voted for the govt for the last 45 years. But things are changing. The formula for affordability is becoming a farce. Nobody believes in it any more, to the extent that the word affordable is becoming a frightening word, a scornful word. For people who still go around mouthing that word, I wonder if they themselves believe in it. Unfortunately the truth is that they really and sincerely believe in it. For these are people who could buy 10 or 20 units of public housing flats with one year of their incomes. Only the losers are crying foul. Would successful people like Leong Mun Leong of Capitaland have second thought and said, what's going on, I have everything I want in life, I have more than enough, I have done and achieve enough, maybe it is time to do some national service, build really 'affordable' homes for the ordinary people of Singapore. Prove that public housing can be better and cheaper, and not dwindling in size. That would be a great mission. But such an idealistic mission is meant only for 'stupid' people who believe in little ideals like serving the people and taking care of the people, giving the people a good life. This is opposed to those who are too talented and too pragmatic, and wanting more and more for themselves. We have many successful people like Liew Mun Leong. What we need is to find among them some 'stupid' people to serve the people and thinking for the people, to redefine what is a good life. Not the current formula of working till one drops dead and paying for a whole life for a pigeon hole, and having no savings for retirement when the savings rate is more than 35% of a person's income. How could it be when our savings rate is the highest in Asia, next only to Japan? The basket is leaking, a big hole, or many holes!