5/18/2010

In Goh Keng Swee's time

Those were hard times. People lived in tiny cubicles, many people inside a room, one room for a family and often more than a family, with share common kitchens and toilets. Goh Keng Swee went out to move these people to HDB flats, where a family or maybe an extended family could live in a flat of 3 rm or 4rm. The strange thing then was that no one ever mumbled or complained that the flats were expensive or not affordable. That was a non issue. The flats were simply affordable. No argument, no need to put one's foot down to insist anyway. Today, the flats are affordable, still. Because the govt said so. But the people don't think so. And the argument is pissing off a lot of buyers who could not afford the flats. But they have to accept the govt's argument that the flats are indeed affordable. That settles the argument though deep inside the people's heart they knew that the flats are very expensive and very unaffordable to some. And it is still an outstanding issue that is going round and round. This is the real difference between the govt of Goh Keng Swee's time and the govt of today. They did what was necessary and what was right, and the people believed and were grateful to the govt. And no need to argument until the face turns green, with statistics, when deep down the people knew what is and what is not affordable. Housing was a success story. Can't really say of the present as the consequences of high prices will only tell some way down the road. Buying a flat then was a happy thing, a roof over the head. Today, buying a flat comes with a big debt and big worries. PS. I am talking about buying a HDB flat. Buying private or landed property is a happy thing. The buyer will simply plonked down his millions in cash. No need to worry about big mortgages to pay.

5/17/2010

Defying conventional wisdom

The financial crisis started in the US led to the revelation that several of the financial institutions in the US,including AIA and investment banks, were too big to fail. When their turns came to fall, trillions of dollars were pumped in to save them. Then the wise men in the US got wiser and pronounced that the mantra of being big and strong is dangerous and these giants need to be dismantled. It is another case of putting too many eggs into a few baskets. Obama and his boys are working hard towards a new direction, the breaking up of big financial giants and regulating their activities, including manufacturing of toxic notes and products. Today there is big news that Prudential is mounting a historical take over of its Asian rival AIA to the tune of US$35.5b. It is billions, not millions, and would probably create another giant that is too big to fail. And the good news or encouraging news is that eager beavers are queueing up to have a stake in the proposed takeover. Such juicy news is always greeted with excitement than with suspicion and caution. Below is a quote from TimesOnline, ‘A number of large Asian investors are believed to be waiting in the wings to bankroll Prudential if its existing shareholders get cold feet on the deal.' Thiam is believed to have been offered personal assurances from the Singapore government that the state investment funds GIC and Temasek are willing to provide billions of pounds. I am deeply concerned that the funds lining up for a piece of the cake are Asian funds and not Western funds. Why are the Western funds shying away from such a lucrative investment? Is it that they did not have the dole, or did they know things that the Asian funds did not? When the too big to fail American institutions were in deep shit, they had the US Govt and the American public to foot the bill. In the event that an international institution like PruAIA is in deep shit, who is going to do the bail out? Asian Govts? A deal that is too good to be true must always look at with guarded skepticism. It is only a good gamble when one has a lot of money to place on the table, and can afford to lose.

From Ah Beng to Jason and then Jayson

Jay Chou is so famous that his concerts are fully sold out and the black market price goes as high as $1,500. His fans are going gaga over him and his song writing skills. He isn't that good looking, they admitted. Neither does he write or sing in English. His is an mandopop icon and have millions of followers snapping up his albums and posters. Jay Chou is a beneficiary of our MTL programme. This is also applicable to the Malay and Indian pop idols. Without the MTL, the fans would not be able to know what he writes or sings. The fans would probably be chasing after Linkin Park or Michael Jackson. But with their understanding and appreciation of another language, they could follow him and want to be like him. Without MTL, the Asian pop culture would at most be within a smaller circle in China, Hongkong and Taiwan. Our Channel 8 would eventually lose its viewership. It is a vicious cycle. It feeds and grows on one another. The fans of pop culture willingly and happily wanted to learn the language and sing the songs. Many English educated professionals are enjoying their learning process to read Chinese characters when they croon Mandarin, Hokien and Canto pops in the Karaoke joints. When learning is fun, when there is a desire and motivation to learn, there is no compulsion to make them want to learn MTL.They willingly want to learn. The MOE may want to include pop culture as part of the learning process for MTL, make MTL cool and fun and enjoyable, at least at the primary and secondary school level. This would give the young a good foundation to start with. Trying to learn MTL using traditional method and ancient poems or literature may not be that attractive to the modern young. A different approach to learning MTL may change the mindset.

5/16/2010

The mentally challenged

I am not talking about the academically less inclined students, and neither am I talking about those who have to struggle just to pass their MTL. I am freakish by those that are mentally unsound and living in our midst, our close neighbours. The worst kind, and waiting to destroy the lives of the innocent neighbours, are those that are prone to violence. There have been many cases reported, while many suffered in silence, fearing that reporting will only make things worst. Many live in constant fear of how a mad man could strike them or their children in the corridors, or may burn down their homes. So far we have not seen many ugly incidents yet. The worst were killer litters that sent a few to hospitals. Some came to blows and some got stabbed, and likely some could have been dead. The spate of child killings in China is a stark reminder to those responsible not to take the mentally challenged lightly, that they were just a nuisance. Killer litters were also a nuisance. Getting hit by a falling litter is as good as hitting jackpot. A confluence of timing must be so perfect to make a hit. Living near a mentally challenged person who is proned to violence is a different proposition. The likelihood of a strike is so much real, only waiting to happen. Who is responsible for allowing residents to live in fear and in danger of being beaten or maimed by a mad man? The MP, the police, the town council or the resident’s committee? Or it is the responsibility of the residents themselves to be alert and keep away from harm themselves? Anyone bother to take a proactive look into such situations and take steps to prevent them from happening? Or are those responsible waiting for things to happen before they will act, just like the killer incidents when skulls were fractured and the victims in the critically ill list? Or are they waiting for a killing spree before they wake up from their sleep? Having a mentally challenged person who is violent next door is more dangerous then a walk in the jungle.

5/15/2010

The callous use of a simple word

The Straits Times headlined, Passing of a Spore titan. And many other local media also reported on the passing of Dr Goh Keng Swee. The same news is being reported by overseas media but treated in a little careless or callous way. And their headlines read, Dr Goh Keng Swee dies, Goh Keng Swee dies, Dep PM Goh Keng Swee dies, …. There is nothing wrong or incorrect to say Goh Keng Swee dies. But reading it gives one a different feel of the event. He dies, you die, instead of he passes away, departed, called home to be with the Lord, you see, the latter sounds so different or at least polite. Imagine the media starts to report the king dies, the president dies, so and so’s father or mother dies, or the king is dead…. I still like to use more pleasant and civil terms like pass away, passing away and better still, called home to be with the Lord.