Building a nation

Building a nation, they used to call it nation building, is not about setting up a business, hire and fire, pick the best and discard the worst. A nation is about a people with a share history, some common identity, and a share destiny. It is not about fair weather friends, come when the weather is fair and vamoose when things get bad or there are green pastures elsewhere. It is about sticking together, looking after the able and disable, yes, no one is left behind. And many more. The last thing about nation building is to clamour for foreigners at the expense of your own people. To disadvantage your own people and tell them they deserve it if they don't buck up and there are many foreigners queueing up at the door to replace them. There is this relationship, an unwritten bond, to stick together for good or for the worst. When leaders forget and think that the less able can get lost if they are unable to keep up and will be most happy to bring in fair weather foreigners, give them a pink ic and call them citizens, then we are not talking about nation building. We are just running a corporation, hire and fire, no misgivings, no gratitude, no attachments. The people don't owe anything to the govt or the country and vice versa. Just a business contract.

Kim Jong Il is a madman, also a genius

Kim Jong Il is a madman that runs a very poor country for more than 50 years from the time of his father. And the North Koreans are still not starved to death and could build nuclear weapons and maintain an army that could over run the south with the word go. And the status quo is only maintained with the presence of American troops and backed up by Japanese pledge to join in to defend the South. Could a mad man and a very poor country really to that? Oh he is also a genius. And there was ‘a thorough investigation showing that the North Koreans are responsible,’ for the sinking of a South Korean corvette Cheonan. This is the most concrete evidence so far. Beyond any reasonable doubt. And Kim Jong Il did this just to attract world attention to feed his ‘dangerous personality disorder – “malignant narcissism” …which involves “extreme grandiosity and self absorption”. Isn’t this what George Bush was suffering from? Ok, Ok, I did not make this up. The above information can be found in William Choong’s article in the ST yesterday. He is a senior writer. I am wondering why he is so sure that the information was true and factual. How did he know, or those people who have no contacts with Kim, know that he is mad, and also a genius? Did they diagnose him or treat him? And I also wonder why William Choong is so sure that the evidence on the sinking of Cheonan is not fabricated but the whole truth and nothing but the truth. The Americans and South Koreans said so? There is another page on mypaper today showing satellite photos purportedly of the palace of Kim Jong Il and proclaiming that this is a man who lives a lavished lifestyle. Looking at the images, the size of it was nothing compare to the football stars or Michael Jackson's estate or much bigger than any residence of heads of states. The question is that why are we so obsessed with North Korea and so happy to read unsavoury news about that country? Do we have an axe to grind, do we have an agenda, are we anti North Koreans? Or are we just being fed by the western media to attack the North Koreans without knowing it? The West have an interest to paint the North Koreans as black and bad as they can to justify their political interests. Do we have such an interest?

Israelis raid on Aid flotilla

Israel conducted a raid on the Aid Flotilla heading to Gaza in international water. 10 of the Arabs or Turks were killed and several wounded. The US as usual expressed regrets! That's all. And they were asking for blood in Korea. The saddest part is that all the Arab world could do is to demonstrate and cry for revenge. And revenge is something they are incapable of. And an even saddest part is that they will be hit and hit again by the Israelis at will, any time, any place, and all the Arabs could do will still be demonstration and crying for revenge, beating their own chests and hurting themselves. China was in the same shit hole when it was weak and helpless. Today, see who dares to attack or hit out at China. The Belgrade Incident will never be repeated again. That was the last incident that the Chinese will accept without hitting back. The next time China will hit back. Iran and North Korea are getting stronger, and to think of hitting these two countries is a dicey thing. For the attackers will not know what would hit them in return. There is merit in being strong and powerful and being able to defend yourself. For the rest of the Arab world, enjoy your crying and demonstration. They can continue to do these eternally if they remain weak, divided, and helpless. The Arabs are the Sick men of the Middle East.

Why no condemnation?

When a Chinese vessel hit the Great Barrier Reef, there was immediate condemnation and even talks of criminal charges against the captain of the ship for destroying the ecological system. We had our own oil spill last week and there was an article in the Today paper asking the question, 'What if the oil spill here was really big? Does it really matter? The proper question to ask is who is spilling and destroying the environment. Look at what BP has done and still doing at the Gulf of Mexico? 19,000 barrels per day gushing out of its well and it is more than a month, and the oil is still flowing out, creating the worst environmental disaster in American history. Where is the condemnation? Where is GreenPeace? Where are the environmentalists? Thank god it is BP versus America. If it was China, war could have broke out. How could any country or company be allowed to let a disaster of this proportion go on like this and still taking its time to deal with it? And all the western journalists, environmentalists and govts are keeping mum. It's ok. Don't worry about what if the oil was really big. Ask who is the culprit.

Can Singapore become a casualty of sovereign debt?

Unlikely. We are very cash rich and have invested several hundred billions in a diversified portfolio and managed by some of the best fund managers money can buy. No way are we going to become the first sovereign fund to turn turtle. The billions that we lost during the subprime crisis is an aberration. It will not happen again. Not our fault by the way. The subprime crisis was not expected. So was the PIGS crisis. Unless the PIGS grow bigger and drag down a few bigger economies like UK, Germany and the EU. If that happens, no one can run, no where to run. Our hundreds of billions would become waste paper. But they are real money that comes from somewhere. Somewhere there must be owners who want their money back, to be repaid. That would be the day. But a collapse of Europe is just impossible. Don’t even think of it. It will not happen. So, for Singapore to become a casualty of sovereign default is simply unthinkable. Don’t worry. Go ahead and take the loan to buy that million dollar property. Everything is fine. If the impossible happens, pure speculation and imagination, what would happen to those with a million or half a million dollar mortgage to pay?