9/10/2010

What is so criminal about the Housing fiasco?

1. Young couples who been saving to buy that flat but still cannot buy because the price has gone beyond their means. 2. Because unable to get flat, put off marriage. Some ended up quarrelling and breaking off with their potential spouses. 3. Because no flat means delay in childbirth. Sometimes delay too long could lead to infertility. 4. For those who managed to get their flats, they could be made to cough out another $100k or more, which means slaving for the next 10 years all for nothing, just to pay for the flats. 5. Because of the small supply, some may have unsuccessful in too many ballotings and ended being booted out of the HDB schemes when their salaries exceeded the ceiling. 6. Some may ended up with no flats as the private flats were beyond their means. People have different commitments and responsibilities to their families and the balance of a $8k or $10k salary may be insufficient to buy private properties. 7. Those who could buy a private property could end up steep in debt because of the high loans. 8. Parents agonised over their children unable to buy HDB flats and may have to share the burden by emptying their retirement funds. 9. The pressure of getting a flat could result in many family quarrels, frictions and breakups. Of course the culprits causing all the hardship to the people would not know or not wanting to know about these consequences. All they did was telling the affected to downgrade their expectations, buy within your means. Some may be able to down grade but some can't. How could those who were planning to buy 3 rm flats downgrade further when HDB don’t even build 2 rm flats? How could those booted out from the HDB schemes and could not afford to pay for private flats downgrade to? Can’t afford private flats and HDB refuses to sell them? Isn’t that wicked? Not criminal enough? And the foreigners and new citizens walked in happily and buy direct from HDB or buying resale to jack up the price further. Good heavens, I would like to strip the pants of the jokers and give them a few strokes of the rotan.

9/09/2010

Happy Hari Raya Aidilfitri

Best wishes to all my Muslim friends.

Notable quote by Redbean

'It is criminal if any Singaporean is not allowed to buy HDB flats under any flimsy excuses while PRs and new citizens are allowed to do so.' - Redbean

Monks, priests and nuns agitated

They are fuming mad at Resort World Sentosa for providing free buses to the little tropical paradise. I don’t believe that providing free services can incur such a wrath from the holies. Ok, there is nothing free under the sun. We don’t believe in freebies or anything can be free. Actually they are against luring the poor unthinking masses to gaming, or gambling to sound callous. How can RWS encourage the poor people to gamble in their casinos? I heard that at least 60% are going there to enjoy the resort and not to gamble. And many are retirees who probably can’t even afford to pay the $100 entry fee. So what the fuss is all about? Is it the gesture, the act of luring people there and they will be tempted to enter the casino? Or is it an act of providing free transportation that is intolerable? With the $100 entry levy, I would think that it will be prohibitive enough to keep the poor out of the casino. And those who can afford to pay the levy surely can afford to lose. So no need to worry lah. Now go back to your prayer rooms. Still something must be done. No need to carry the stick to force people from getting on the free buses. Just make them sign an undertaking not to go to RWS to gamble. Can or not? If not good enough, check their pockets and make them declare that they did not bring more than $100 to Sentosa. That should fix them from entering the casino. Now they will be saved, protected from evil. For added safety measures, to prevent people from gambling, please close all the toto outlets in the hardlands and supermarkets. Please also tell the stock exchange not to operate through lunch hours with no lunch breaks. And no online trading. The latter is encouraging gambling even in the homes. No need free buses, can gamble in the bedroom, kitchen and toilet, with a laptop. I think I have brought out many good ideas to be raised in house of gods on how not to encourage gambling.

Notable quote by Julia Gillard

'The Labour's main purpose is to serve the people' - Julia Gillard, PM Australia. Am I dreaming? Is she stupid or what? Maybe she is being naively idealist. If she is to stick to her serving people idealism, Australia will continue to lag behind other developed countries. If she wants to lead Australia to become the most properous nation, be Number One, be betterer than America, she will need to change her tack. She must rule Australia and tell the Australians it is for their own good. Australia needs a heavy dose of pragmatism in govt. A govt that knows what is good for Australia, and just do it. The people may be unhappy, may complain repeatedly, but they will continue to vote for a govt that will bring them progress. Promise them growth of 15% annually. Promise to double the value of their assets. Promise them that they will all own their properties, the size of Singapore's Istana each. How could the Australians refuse such prosperity? How to get there? Have an open door immigration policy and bring in the best talents money can buy. Not the prostitutes, maids, cleaners or construction workers. Be selective. A 15% growth in quality population will easily give Australia the 15% growth promised or more. Then play the property card. Build as many properties as possible and sell to the Australians. Then let free market forces to inflate their prices and all Australians will not only be property owners, but millionaires too with million dollar properties. Be ambitious and let the population grow to 200m. Then build an armed force as powerful as Singapore. Oops, I mean America. And be the number one superpower to replace America. And all they need is to pay their ministers top salaries. I think they can afford to pay more than what Singapore is paying and get the best talents to be in govt. All it costs the Aussies is 3 pieces of kangaroo meat per Aussie. And if they still cannot find the talents, they can always look to Singapore for help. I am sure we will have all the talents they want. Australia can be the number one superpower with the richest economy and the richest people. All it needs are some pragmatic policies. Forget about serving the people. Run the country, rule the people. That is the real formula for success. Always believe that the people are mindless and needed to be led and governed for their own good. PS. Matilah will be pleased with my suggestions. Borderless world, no restriction to immigrants, 'free' market economy, meritocracy....He is the ideal candidate to be Gillard's advisor from the red dot. He has all the experience and qualifications for the job: )