The most regrettable thing

While everyone is breathing the World Cup, the most regrettable thing is not being able to cheer for our team in the competition. Some even dreamt or made belief that our team is indeed in the competition and will be playing against this team or that team. We have so much money, why can't we go and buy a good team to represent us and then we can shout ourselves silly. And for those who can afford it, they can all fly to Johannesburg to cheer for our team and plant our flag there. It will be so glorious. Let's not miss out in the next World Cup. We have so many talented talent scouts and we should put them to work to pick our future winners and bring them here to prepare them for the next cup. And we can emulate the South Koreans, erect stages at the padang with big screens and big Singapore flag to be unfurled at the victorious moment. And I am sure Singaporeans would not mind paying $200 to the telcos for airing the game if we are in the running. It will be something worthy to watch on the box. We want the World Cup trophy. Then we can announce to the world we have arrived as a nation.

CPF encouraging people to contribute more to Medisave

We would like to encourage low-income SEPs and informal workers to fulfill their 2009 Medisave liabilities by 31 July 2010 so as to enjoy the maximum chances of winning up to $3,000 in cash at the next MCD in September 2010. Who would want to lock up their money into a scheme that they have no say as to how to use it? And in many cases they may not use it till the last day when they pass away? On the other hand it sounds so good. Save the money to pay big hospital bills when they are hospitalised. And they better save more or else with the bills going to be bigger and bigger, they will not be able to pay. I wonder how much could these people save and whether they can catch up with the rate the hospital bills are rising? Another good thing about this, it comes with a lucky draw. The scheme is already so good and now got chance to win money some more.

It is getting nearer

Everything seems to be progressing smoothly. Now we shall be waiting for the new boundaries and a list of new faces to appear before the big day is announced. Oh, and plenty of good news coming too. I am sure the opposition parties have a long list of agenda to thrash during the election rally. One of my wish list is to revert the CPF schemes to its original terms with the new terms as optional, voluntary. This will allow the people to withdraw their Medisave, minimum sum and also to decide if they want or do not want to sink their money in any insurance schemes. Of course the high HDB prices will be a great issue to boot. And hospitalisation bill that seems to go one way will be good for discussion too. Hope the opposition parties are will prepared this time and goreng the real issues as best they could, and not be disqualified for some silly mistakes. The first salvo has been fired at the Town Councils.

Geithner is blaming China for not floating the Yuan

The world’s financial crisis is due to China’s fault for not allowing the Yuan to float, and for the big funds to speculate on it. The Americans are heavily in debt because of China’s cheap Yuan, and cheap labour too. It has nothing to do with the expensive labour and high living of the Americans. And the Europe financial crisis too must be the Chinese doing. They have nothing to do with it. The Europeans are not to be blamed unlike the Asian crisis when all the Asian govts were blamed for mismanaging their countries. The remedy to save the world financial system is to float the Yuan. As simple as that. When that happens, all the big western investment funds, and Asians too, will collude, scheme and conspire to destroy the Yuan to bankrupt the Chinese Treasury. They are all waiting on the side line for the biggest treasury to open up for them to loot. China must be alert and be extremely careful in this evil call to float the Yuan, to allow it to be attacked. And they have all the reasons to. Low wages, high income gap, too export oriented economy, authoritative central govt, corruption, minority problems, etc etc, all pointing to a system that is waiting to crumble like a house of cards. And when China relent under US pressure, that would be the day of its collapse. South Korea is getting wary of the pack of wolves and is the latest country that is curbing big time currency speculation. It has joined Russia, Brazil, Taiwan and Columbia to restrict currency speculation. More countries will soon join the league if they know how precarious it is with the big funds waiting to pounce on them like a wolf pack.

Some nice portraits

Some new faces that could strike big in the fashion scene.