6/06/2010

Big and little Empires and their rights

At the Shangri La Dialogue, the US Defence Secretary Robert Gates pooh poohed the cutting off of contacts by the Chinese military with the Americans on the ground that the US was selling arms to Taiwan. He proudly told the delegates that the Americans have been doing so openly all these while so why the big fuss? He should also tell the delegates that the Americans also have a treaty to defence Taiwan should it be attacked by China. And Taiwan is a breakaway island from China. He should tell the delegates that for centuries the colonialists have ruled over the Asians, Africans and Americans, so it is alright if they continue to do it, openly. What this representative of the Empire did not know is that the Empire can do anything it wants as long as the subject nations under the Empire are too weak to talk back. The point is that the Empire forgets that once a subject nation is no longer a push over, it is not going to be dictated by the one sided rules and terms of the Empire. The balance of power as changed. And he went on to tell the subject nations in the Dialogue that the Empire will look at more options to punish North Korea for the alleged sinking of the Cheonan. He took it for granted that the one sided investigation by the Empire and the evidence produced are final, and the rest of the world must accept them as the ultimate truth. This truth and evidence cannot be questioned. The Empire is the arbiter and the judge and the executioner. Was he cocky, ingnorant or still believes the Empire calls the shot? In the eastern Mediterranean Sea there is a little Empire telling the countries in the region who is the boss. They control the sea, the land and the air. They will police the region and will take over any ships, vessels or vehicles moving without their approval. The countries in the region will just have to live under the rule and authority of the little Empire. And this state of affair will go on forever until such a time when there are capable countries that could challenge the balance of power there. In the meantime, the little Empire shall call the shot, like it or not. The big Empire will look the other way, and the UN will simply disappear knowing where it stands. So will other little European Empires. They share the spoils and divide the areas of influence among themselves.

Protest against Telcos in Hong Lim

Football fans staged a protest at the Speakers corner to show their displeasure against Singtel and Starhub for the high prices for the World Cup matches. By next week the two telcos are likely to come up with their facts and figures to prove how affordable and reasonable these prices are, and the protestors just have no case. This is the correct Singaporean way of communicating with the people. And after that, case close, no more issue. With only two or three telcos here, and running as private companies answerable only to their shareholders for profits, the football fans shall count themselves lucky that the prices are so affordable. In fact any price is also affordable as long as there are fans who can afford to pay for it. What is the message that the protestors were trying to make? Is it a reminder to the super talented CEOs that they should not take the consumers for granted and that they can pay any prices only to pass the buck to the helpless consumers? And they can still make handsome profits knowing that the consumers just have no choice but to pay. I think we need more of such protests to register the point. If not, such reckless behaviour is bound to repeat over and over again.

6/05/2010

SMRT graffiti

I must say that the graffiti was very well done. SMRT would have to pay a lot for it if it were to commission an artist to do it. And I think SMRT quietly told itself that they didn't mind and let the train go around the island with the graffiti on it. But a crime is a crime. Vandalism is vandalism. The culprits must be charged in court and sentenced to 2 weeks jail. They shall serve their jail terms in SMRT depots and made to paint more graffiti officially with SMRT's consent this time. And SMRT can pay that a token of appreciation for a job well done. Put the blame on the Olympic spirit of good sportsmanship since the YOG is in town.

The superficial MBA Oath

A meaningless and superficial MBA Oath is now circulating in some of the top universities around the world, including SMU. MBA graduates are supposed to take the Oath modelled on the Hippocratic Oath of the medical profession which too has become superficial in many ways. The MBA graduates theoretically pledged to be good boys and good girls, do no evil, do only goodness, do no harm to others, and to help the society rather than their own pockets. If this is the best that these highly regarded institutions of higher learnings can come up with to save the world from another financial crisis, I think a primary school kid will be able to come up with something more idealistic. The real problems which no one wants to see or admit is that the administrators and regulators are in cahoot with the crooks and allowing the crooks to do as they pleased, helping them to take advantage of systems and regulations to enrich themselves with not a care about the consequences to anyone. What is needed is to put a hangman noose on the heads of the administrators and regulators and make them say a pledge as below, modelled after the superficial MBA Oath. 1. You shall be hanged if you do not manage the enterprise with loyalty and care, and advance your personal interests at the expense of the enterprise or society. 2. You shall be hanged if you do not understand and uphold, in letter and spirit, the laws and contracts governing your conduct and that of your enterprise. 3. You shall be hanged if you do not refrain from corruption, unfair competition, or business practices harmful to society. 4. You shall be hanged if you do not protect the human rights and dignity of all people affected by your enterprise, and you do not oppose discrimination and exploitation. 5. You shall be hanged if you do not protect the right of future generations to advance their standard of living and enjoy a healthy planet. 6. You shall be hanged if you do not report the performance and risks of your enterprise accurately and honestly. 7. You shall be hanged if you do not help the management to continue to advance and create sustainable and inclusive prosperity. But for the above pledge to be effective, an independent govt body shall be set up to monitor the administrators and regulators to check on their actions and compliance with the pledge. Self regulations or little regulation is the biggest bull that will make a farce of the pledge. The administrators and regulators must come under intense scrutiny if they are to do their duties diligently and objectively, and fairly. And they must know that the axe will fall on them if they don't do their jobs as expected in accordance with the above pledge. So far the administrators and regulators are acting as gods, passing judgements when in fact they are as culpable as the crooks that nearly destroyed the financial system. The sad part is that we were just given a rude warning and no one is taking heed, and the crooks are still at it daily, doing their damages with impunity, knowing that they have the administrators and regulators in their pockets.

6/04/2010

Low Teo Ping for President

The contest for the President of SAAA is hotting up with Low Teo Ping throwing in his hat. I think we can't find a better candidate than Low Teo Ping given his sparkling track record in sailing. His team of local boys and girls are world beaters. These are 100% local bred. No need to buy from other countries. Low could repeat what he did for sailing in athletes if he takes over the helm. He should be given the post of Ministers for Sports to give him the authority to revamp the whole system that is increasingly relying on money to buy glory, buying foreing talents to carry our flag and fight our fight. Low Teo Ping is the man.