The USAS

The hysterics were unbecoming. Who would expect the Australians to behave like third world countries and kpkb just because some entrepreneurs saw a good opportunity to raise their bets in the merger of the two stock exchanges? The Australians are behaving and jumping around like some of our neighbours, rearing the ugly xenophobic face of little townfolks. Can any of the politicians see any good in the merger? The benefits that can spew out of this venture are tremendous for both sides. For Singapore it is obvious. We can break out from the constraints of a little dot with Australia as our hinterland. We can proceed from here towards a greater economic and social integration, a kind of United States of Australia and Singapore. Of course, political integration is something that we shouldn't talk about at the moment. This will release a lot of pressure from our system, particularly the constraints of land, which is self inflicted in the first place. More Singaporeans can move on to the big island and relieve the pressure in the property bubble. Provided the thick heads did not stuff in more foreigners here to replace them and everything back to normal. Our dependent on food supply will be solved with the agricultural products from Oz. The advantages are enormous and can fill the pages of a library. Same for Australia. We will help Australia to effectively plug itself into Asia, as a member or extended member of Asean. The dynamism of this little dynamo can be infectious, and together with the liquidity here, it will be boom town Charlie for Australia. Growth will be everywhere, in all sectors. The Aussies can continue with their laidback lifestyle and enjoy the boom while the Sinkies will do the donkey work for them in developing this big island. Win win huh. The USAS is still the longer term goal and not far fetch. Australia, New Zealand and Singapore have been cooperating for 40 years in the 5 Nation Defence Pact. We have a similar history and colonial system, and colonial mentality. I think Singaporeans would welcome the chance to sing God Save the Queen once more. And Peter Lim can buy Liverpool and be welcomed as one of time. In fact we can buy up all the British football Clubs as well, once we become a part of Australia. Then we can bring the English Premier League to play in the Golden Triangle of Singapore, England and Australia. The possibilities are unimaginable, starting from just this humble begining of a ASX-SGX merger. Think about it mate.

Obama and his new hunting dogs

I read in the New York Times that Obama has acquired three new dogs to do his bidding and will use them, together with Japan, to contain China's growing influence. The eager beavers are so elated after being wined and dined in the White House and being 'consulted' by the Empire that they are thinking that they are part of the Empire. Other containment efforts by Obama, despite the empty Treasury and a mountain of debt, are the expansion of military base infrastructure in Guam in the Pacific Ocean and the island of Diego Garcia in the Indian Ocean. The beefing of all these military bases serves only one purpose, to entrench America's presence in the guise of defending the free world, but actually to contain China and protect American interest. There is a neo colonialist agenda in the American Administration and the old colonies, British, Dutch, French or Americans, were jsut too happy to be part of it. Asia can expect heighten tension and possibly proxy wars between America and China, but with the two protagonists looking from the sideline. And smaller Asian countries will gear up to kill each other or at least spend more on American weapons to provide more employment for the Americans.

$8 for a heart bypass!

Khaw Boon Wan said his bypass surgery which normally costs about $30k in an A class ward ended with him paying only $8. That is cheaper than buying two packs of panadol from a pharmacy. He claimed that he had Medishield and topped up by a supplement medical insurance. Knowing miserly is the payout from Medishield, with co payment, I am very interested to know the break down in his medical bill and how much each of his insurance paid for him. Let us have a peep on the details, Boon Wan. And also let us know how much premium you are paying for the Medishield and the supplement insurance. If it is meaningful and makes financial sense, I think many people will like to have the same insurance coverage. Thank you.

Australia unmasking its racist face

Just listen to the polemics made by the opposition to SGX acquiring ASX and you can see the truth behind the noise. As a business transaction, it is a great deal where both parties will benefit. The Australian investors are the first to benefit in a big way, they could actually cash out and still own a big chunk of the new ASX-SGX which I thought should be renamed SAX, short for Singapore Australia Xchange. It also sounds more sexy. For all the accusations, which is the standard tactics employed by the West against Asians or their enemies, to point the finger first and let the victim to defend himself can Australia hike from its true nature? In the process the victim will forget about the accuser's own imperfections. For a country that prospers after centuries of racist policies, abuses and discriminations against the local natives, Australia should be shameful of itself to talk about human rights and freedom. This is a smaller version of the Americans. The biggest arms merchant in the world, the most highly armed nation, the greatest currency manipulator, the biggest violator of human rights, not just the past in the form of genocide and slavery. Just think Guantanamo, Abu Graib, Afghanistan, Pakistan will do. If one still did not get the picture, go to Wikileaks. The Americans are the worst warmongers in modern history, starting wars and fighting wars and with a huge industry that thrives on wars, providing employments to its own people and soldiering. What else does it possess and do that is anti humanity and against world peace? But it keeps pointing its finger at China and other countries for all the above violations when it is the number one culprit. All the wars and tension in the world today is caused by the Americans. Yes BSE, blame somebody else, and think that the world will be stupid enough to believe them. It is always other people's faults.

World highest home price appreciation

According to a report by Knight Frank, Singapore's home price appreciation is the highest in the world at 37%. China came close at 36.8% and Hongkong was a far third at 24.9%. This is the best news for property owners and property speculators. It is time for celebration. Singaporeans are getting richer by the day, with their properties hitting new highs. Many public housing owners are really millionaires in their own right. Don't be surprised the taxi driver driving the maids and foreign workers around is a millionaire himself. This will be another first for Singapore with millionaire taxi drivers. More important is to go out and grab another property fast. Property prices here can only go one way, up and up and away. And there is no fear of a property bubble forming. Singaporeans are wealthy, and according to all the reports, the properties they bought are all affordable and within their means. So there is no fear of bankruptcies and foreclosures. And those foreigners buying properties here are filthy rich and mostly paying cash. So very little risk of loan defaults. What else, even land for public housing are only awarded to the highest bidder, which means new housing can only be more expensive. And with land so scarce, and with the population going to increase further, one thing is guaranteed, higher property prices. And more than 80% of Singaporeans will be resting on their laurels, as they are all property owners. They are waiting for their eggs to turn into gold, literary. There will be millionaires all around, not only taxi drivers, but many of those taking public transport too. Basically looking right and left one is likely to bump into a Singaporean millionaire.