2/05/2010

Are the people going to accept this Medisave increase quietly?

A week of silence after Boon Wan sounded the idea of raising Medisave contributions and finally I read a letter in the Today forum by a Alex Chan. Chan was concerned that the increase will hurt the young home owners as HDB has already targeted 30% of their income for its flats. These home owners have already budgeted what they could afford to pay for housing to the max. Anymore design on their CPF will mean touching on their disposable income or for those still waiting to buy a flat to revise downwards and look for a smaller unit. But surprisingly not many complain letters were sent to the ST forum. Maybe there is no problem really and Alex Chan's concern is misplaced. So far from the govt side, only Halimah Yaacob raised some concerns that it will affect the workers if this thing is pushed through. She is the only voice against the increase. So what about the rest of the MPs? Are there still studying the proposal and getting feedback from the people? It will be good to know which MP is for or against this proposal. It will also be good to know how they vote after they have expressed their views in Parliament. I am deeply concern about this raising of Medisave contributions and locking up more of the people's money. It seems that the govt is bend on holding on to the people's money for as much as they can lay their hands on and for as long as possible. This is the message I am getting. Is the govt so hard up of money? Obviously no. GIC and Temasek are still globe trotting around looking for good buys and absorbing whatever losses in their stride. Still, the people will have their ways of looking at these monetary measures as a way of snatching their money from them and will have many negative thoughts and feelings. And to some it is not just feelings but very painful. I would like to suggest that Boon Wan make it more painful by raising another 5%. A big pain for once instead of creeping pains every other year. This is textbook Machiavellian strategy. Or is it to make it less painful like raising property taxes every now and then instead of all at one go? Looks like I am going to here for a while and I will just go on posting.

A familiar Gulf story

Expat workers threaten Gulf existence Feb 03, 2010 DUBAI - An influx of foreign workers in the Gulf poses a threat to the region's existence, UAE daily Gulf News reported on Wednesday, citing Bahrain's Labour Minister Majeed al-Alawi. The minister said the situation could become like Singapore and the Maldives, where "foreign workers had been brought on temporary contracts and are now ruling these countries," according to the report. Speaking at a labour conference in Abu Dhabi, Alawi said one million citizens in the wealthy Gulf are unemployed even though the region employs 17 million foreign workers, describing them as "a threat to our existence", Gulf News reported. Alawi pointed out that while 50 percent of projects in the Gulf have have come to a halt due to the impact of the global recession, the number of foreign workers has not declined. "Whoever thinks this foreign manpower in the region comes for a project and leaves on its completion is wrong. They come to stay. They buy and sell in their market created on our lands but accommodate no Arab," he said." he was quoted as saying. Alawi added: "This way countries were lost and we, in the Gulf, are facing the same threat. If this is not happening now, it will happen in the next generation." Officials in Bahrain, Kuwait, Qatar, Oman, Saudi Arabia and the UAE have for years expressed concerns over the presence of millions of expat workers who are needed to run their economies. Still these countries continue to hire skilled and unskilled people from abroad to do jobs their citizens either cannot do or do not want to do. The above article is copied from Maktoob Business . Maktoob The Gulf states fear that they will lose their countries to foreigners. In the Singapore experience, we consider ourselves as immigrants. And immigrants given citizenship becomes Singaporeans. So new immigrant citizens will take over and own this island when old immigrant citizens die or fade away. This is the natural state of affair. We don't have problems with that. We welcome new immigrants to become our citizens and take over from where the old immigrant citizens left off. And we will have a more vibrant city state still populated by Singaporeans. And old Singaporeans that cannot live up to the challenge, they just have to be sidelined. It is their problem. The difference in mindset between Singapore and the Gulf states is that we place the existence of the state above the existence of the people. The people can come and go, can die and disappear, the state lives forever. We live for the state.

Yes, we are back!

Hi guys and gals, we are back as before. Things are in disarray at the moment and I will need to reorganise them a bit, with transferring some recent posts back from redbeanforum, to be in better shape. Cheers.

11/25/2009

How to locate mysingaporenews in Asian Correspondent

Hi guys, You will need to click onto the correspondents list in Asian Correspondents Homepage, on the top right hand corner. All the correspondents are listed there. There is a scrollbar below and I am at number 17. That's the start. See you.

First major step in inclusiveness

The youngest son of JBJ, the embittered politician who had lost practically every material thing that he owned for being in the opposition party, for taking on LKY and the PAP practically single handed, has been appointed to one of the most important govt organisation, the Public Service Commission. Such an appointment was unthinkable a few years back. And it takes a very open minded man like Eddie Teo, Chairman of PSC, to welcome him into the fold. The PSC is the main body that charts and plans the recruitment and career development of top civil servants. Philip Jeyaretnam is in a way now involved the govt machinery and working with the govt for the country. It is better to have him on the right side than to see him joining his brother, Kenneth, in opposition politics. The appointment does not guarantee that he would not go into opposition politics, but is a big declaration that the govt is willing to embrace talents from the other side. It is also a clear message that the history of the fathers will not affect adversely the fortunes of their children. This is modern Singapore, there is rule of law, there is inclusiveness and a place for all who is willing to contribute to the country. In dynastic China, once a member of a family fell from grace, the whole family would be banished together to the frontier. This is not the case in 21st Century Singapore. Our frontiers are only as far as Tuas or one of the islands a few minutes of boat rides away. We are an inclusive country.