Football to be kicked around

Yabba dabba doo! We have the World Cup on tele! Time for big celebration. Otherwise Singapore will have go through a month of mourning. The more serious cases will suffer from withdrawal symptoms. That was how dangerously close we got to not having live World Cup football to watch. Kind of scary. Luckily someone has some sense of proportion to understand the severity of the issue and get the deal done. Never mind, football is a game of a ball being kicked around. Never mind how much. No need to know. It is money well spent, every cent of it. We have triumphed in our darkest hour. No one can deprive us of this habit of watching football. With a little money all problems can be solved. Thank you Fifa, for being so kind and generous. Thank you for fixing our craving needs. PS. Maybe someone run through the numbers in the computers and find that paying whatever to make Fifa happy is still cheaper than having Singaporeans going overseas to watch footballs. Singapore, the city that never sleeps, may become a ghost town.

Deja vu on Mother's Day

Shops catering to the love of mother are doing a roaring business these two days. Mother and motherly love sre in everyone's mind. The Sunday Times has this touching article on Madam Tay Et and her 21 year old young Kevin who is struck by muscular dystrophy. Kevin has been bedridden for the past 11 years and is reduced to nearly skin and bone. His life depends on his mother. His mother did everything for him, including brushing his teeth or changing his sleeping position. The intensity of human love knows no bounds and particularly stronger in a mother child relationship. Mother is there, always sacrificing, for their children. The human milk of kindness is not limited to just humans, and animals too can benefit from it. Many are pampering their pets with things that the average human beans can never think of. Spas, daycare, fancy food and cafes, foie gras and strollers. We are bettering ourselves from living harmoniously with all races to living harmoniously and lovingly with animals. Some even regard animals as families. And some consider animals better than children who could turn out to be spoilt brats, cruel and ungrateful. And there is this picture of two ladies pushing a beautiful pram with tender loving care. And inside sits a beautifully dressed up shih tzu. They must be part of this new family composition. The shih tzu must be calling the elderly lady grandma. And the lady must have introduced the shih tzu to her friends as my baby. Somehow I got this strange sense of sadness flowing through my veins. I could not pin point what it is, but it won't go away. It can't be deja vu for sure.

The Regulators say Yes!

There are now wild cries about what happened on Thursday in Wall Street when the stockmarket plunged nearly 1000 pts because of a likely error trade that triggered the machines to do the necessary. The stock market went into a tailspin leaving the traders and Regulators terrified but not knowing why and what to do. They are still trying to find out. They may have known the answer but refusing to face the truth. The truth is that the whole stock market system is mismanaged and completely flawed, and is a system of fraud to favour the big crooks. And all because the Regulators say Yes. The Regulators say Yes to the crooks and scoundrels who had them by the neck and telling them or dictating to them what to do. The crooks say we want to play very big and need big limits to trade and the Regulators, say Yes. The crooks say we want to trade very big and with no cost, no commission, maybe a little pittance for the Regulators, and the Regulators say Yes. The crooks say they want to use machines, high speed computers to do their tradings and the Regulators say Yes. The crooks say they want an open trading system to enable their machines to hook to the Regulators machines, to have all the information of traders in the market, the buy and sell orders, etc, and the Regulators say Yes. And the Regulator dismantled their proprietary system and installed an open system for the crooks to play. The crooks say they should not be penalised for using unfair means and unfair advantage against the small traders, and the Regulators say Yes. The crooks say in such trading they cannot be sure if they buy and sell to themselves which is against the rules and regulations of trading, and the Regulators say Yes. The crooks say in some of the things they do it could not be transparent, trading in the dark side, and the Regulators say Yes. The crooks say they want to create plenty of worthless papers like CDOs and all kinds of derivatives to sell to the investors, with no guarantees, and the Regulators say Yes. The crooks say the investors may not know what derivatives are all about and the Regulators must train them, and the Regulators say Yes. The crooks say if the investors refuse to trade in derivatives, the Regulators must force them to trade in derivatives, and the Regulators say Yes. And the crooks say because they are trading big, they want to have lesser regulations or deregulations, and the Regulators say Yes. And the crooks also want to short the market, sell short, even bringing down prices of good stocks at will, and the Regulators say Yes. But it is against the rules to sell short. The crooks say they can borrow scrips to settle, and technically not shorting. They want the Regulators to create a system for scrips borrowing, and the Regulators say Yes. And the regulators did not know why Dow crashed on Thursday? And the American public suddenly are so much wiser, including the professors, and are crying foul and wanting an overhaul of the system determined by the crooks and approved by the Regulators who say Yes to the crooks.

The Apple is rotten

Have no doubts about it, the Apple is rotten to the core. The superficial skin deep good look cannot hold out for long. The subprime crisis, the toxic notes, CDOs/CDS, the heavenly pay out to the bankers and finance crooks, to the lawyers, the high debt of living on borrowed money, and the whole financial system, are rotten deep inside. The stock market and the financial system need an immediate overhaul. What happened yesterday is not going to go away. It is saying it will come back again and again. The super computers and programme assisted tradings shall rule again. They are the best inventions, together with derivatives for the stock markets. Any silly country that still salivating on how great the American and western system is needs to have a reality check. To continue to ape the Americans in their wayward and irresponsible ways is a sure road to the abyss of financial destruction. What I am saying is pure bullshit. The American system is the best system to be incorporated to all the countries around the world. Then we can have everyone being as rich as the Americans and spending like the Americans. The world needs to support the Big Apple and make sure it remains pretty looking.

China coming down hard to control sky high property prices

There was a report yesterday that a property developer is slashing its prices by 15%. This must be the result of pressure from the Chinese govt to bring down the prices. Wonder if this developer is private or govt owned. If it is a private developer then it is wrong for the Chinese govt to make them slash prices. But maybe they can do it in an authoritarian state. But this will interfere adversely with market forces and market pricing. And developers will not be able to make more grotesque profits. The Chinese govt must understand that private developers are only there to make profits. Making them slashed prices is bad. But if this is a state developer, then there are reasons to do so as the govt has to manage the housing prices to make them affordable to the people. The Chinese govt will have to tussle between making housing affordable or pricing as high as possible as long as the buyers can afford to pay. The latter is obviously good as they will have more money to raise their own pay unless they are contented to be paid lesser than the private sector. At the moment it seems that they are willing to suppress the market forces and sacrifice their own pay for the good of the people. Who says authoritarian govt is bad? When they know what is good for the people and act accordingly, even a dictatorship is good. But when the govt acts against the interest of the people, even western democracy is bad.