8/25/2010

One happy problem out of the way

Singaporeans are now all smiling with the prices of their HDB flats going higher by the days. And with this good feeling of becoming millionaires and near millionaires, they should all be very grateful to the HDB and the govt for their windfalls. For those singles, young professionals etc who are not eligible to buy a HDB flat, just accept your fate or migrate to a place where housing is cheaper. And being professionals, they are in demand and can always find good employment elsewhere. And don't worry, their absence will not be felt as there are millions of foreigners waiting to become new citizens and buy HDB flats. Bon voyage!

More concessions

While the anger has still to subside, and the benefits yet to come, more reasons were given to explain and justify how fair and good the transport fare hike under the distance based system is. Everyone, or every article or speech heard is that it is a better system. Better for who? I read a small column in the ST saying that NSF man's train pass cost $50 now instead of $48. And it gets a bigger concession than before. Heh heh. This sounds like HDB, bigger subsidy. Or Singapore Sales, big discount. I think they should mark up the price higher and announce higher discount. That will sound even more impressive, 70% discount! The plain fact is that students and seniors are paying more. And these categories of people are not income earners or mainly small income earners. The rich seniors will be so rich that they will be driven around. So big concession good ah? Good reason to explain away the fare hike?

8/24/2010

The Philippines commando assault

Against one gunman holding hostages in a tourist bus, the Filipino commandos launched an assault against the gunman who was a disguntled ex police officer. They killed him and at the same time killed 8 Hongkong tourists and wounded several others. They think they are Rambos or Israeli commandos? Or there are more to it than just a simple trigger happy troops thinking they are Hollywood heroes? Hongkong should put a ban on their tourists visiting Philippines for a year and demand compensation and an apology from the Filipino govt. The assault was not only uncalled for but badly executed.

Apparently good news

With the high cost of COEs and cars, many Singaporeans are still able to afford 2 or 3 cars. The way it is reported, it seems so easy to own cars. And this is good news as it reflects how wealthy Singaporeans are. They have the dollars, and money is plentiful. There is a small happy problem though. Not enough car parks. And the car owners are complaining. Heh heh. Now here's the trick. You know what happened to the problem of overnight parking? Not enough car parks right? The solution is so simple. They kena pay double for overnight parking, in every car park, empty, half full or over parked. Now I can see the brilliant solution going to be enacted. But no need to worry lah. Only the car owners would have to pay a bit more. Double the $90 it is only $180 pm. Cheap, cheap, cheap! When the roads are congested, make the motorists pay to use the road. When car parks are congested or ful, increase parking charges to reduce the number of cars in the car parks. Then motorists can park more easily. I am beginning to think like a genius.

Corruption of Power

I heard in the news that Deutsche Bank has been allowed to conduct Dark Pool operations in the Hongkong Stock Exchange. This is as good as allowing big time drug dealers to conduct drug business with approval from an authority that is tasked to apprehend drug traffickers. The Exchange has a responsibility to ensure that all trading activities are transparent so that all parties big and small are privy to such activities. Now it is allowing the big boys to conduct activities that small traders are not supposed to know. Why don't they take a share as part of the drug syndicate? They too can make money selling drugs. Does it mean that the authority is above the law and can violate the law to its advantage? If this is not corruption of power, then what is? The only place when the authority can commit murder and get away with it is paradise. God is the biggest murderer, killing at his fancy, wanton killing of all living things during the big flood. And he is believed to be the most forgiving and kind. No one wants to tell him that he is a murderer, or no one dares to. So God walks around with a halo on his head like he is so pure and innocent, above the law. Oh, he is the law. Corruption of power is corruption of power. It cannot be otherwise.