11/17/2010
We cannot discriminate against foreigners
There is this very interesting article by a Christine Chan in the ST forum today, titled ‘We don’t have the right’. We don’t have the right to do what? She said we don’t have the right to ban foreign workers from the casinos nor can the govt imposed levies for them to enter the casinos like Singaporeans. Doing such things ‘would result in unfair discrimination against foreign workers’. But it is ‘fair and justifiable application of the law’ to impose entrance fees levied against Singaporeans and PRs.
KNN, I am now scratching my head sore and the few strands of hair left could be no more. Imposing entrance levies against Singaporeans is fair and against foreign workers is discrimination? Really ah! Where does this Christine Chan coming from? I hope her view is a personal one.
Using her logic, I think we cannot ban foreigners from chewing gums. It will be discriminatory too. What else we can’t impose on foreigners? Oh foreigners can smoke anywhere, can litter or break any law right? If in our country we can have laws applied on our citizens and the same laws cannot be applied to foreigners, now what kind of logic is that?
Caught off guard again?
There were no crimes in my ward, or at least until yesterday. The men in blue launched a big operation and netting about 50 gangsters. Now the ministry is talking about studying, reviewing and revamping the criminal laws against teens and gangsters.
At least something good comes out from the recent spate of gangsterism. Everyone suddenly found that they have work to do. But it would be better if they were more proactive and nipped the problem in the bud before it exploded in the face. Maybe the word 'proactive' has long been thrown into the longkangs.
So, arresting 50 or 60 gangsters is enough? No more gangsters in the street? Low crime doesn't mean no crimes. A little crime is unavoidable and can be lived with? Is there a need to fester out all the vermins once and for all? What about the bigger animals? Just like the loan sharks, we are seeing only the little dogs and cats being caught. The big ones are so elusive and impossible to be caught.
Cutting the lallangs without pulling out the roots will only see it grow again.
11/16/2010
The unlikely reaction to QE2
Much as the Americans may want to think that the whole world is made up of ignorant fools, and they can keep on printing money on worthless pieces of paper for as much as they like, the Quantitative Easing2 is triggering a reaction from around the world that could lead to a backlash of unimaginable proportion. While MNCs took a whole year to earn a couple of billions, the Fed just printed $600 b for its own use. No need to work or sweat. Step aside hedge funds, loan sharks, pirates, robbers, con men, and bankers. The Fed can make more money and easier than all of you combined.
The world is looking at this QE2 in shock and awe. Even Germany, a hardcore ally of the US could not believe it and had come out openly to criticize this move. Unwittingly, the QE2 has aligned the forces of the world against the US, an unpredictable reaction. They are all going to lock out American dollars from their economies, maybe abandoning it. And the consequences of such a world reaction can be deadly for the US.
The banana currency is ripening and will soon become thrash. The nightmare is just beginning for the Americans and their evil Empire. Will it disintegrate?
LKY is indispensable to Singapore
On his second appearance after his recent bereavement for his late wife, LKY is in the thick of action again. This time he is calling for the healthcare industry to innovate to reduce cost and improve the quality of healthcare. We can soon expect more innovations in the healthcare industry and probably lowering of cost, a serious problem that no one can solve. And when it does happen, the people have only LKY to thank for.
It will be good if he says something about gangsterism and to stop this plague before it gets worst. And the property owners can relax knowing that their property prices can only go up with him around. I am really worried how Singapore will be without him.
11/15/2010
The waning of an evil Empire
Three failures marked the Asian tour of Obama and Hilary. They had some success in India with offers of more biz and an UN Security Council seat dangling at the end of the stick. And India was salivating. The Security Council seat is nothing but a red herring as the US knows that China or Russia will definitely veto it.
In Indonesia, it was just testing water as the fear of a muslim state is apparent. Other than promises, nothing tangible came out of it. The Indonesians too are conscious of the US intent and are wary of being dragged into the bigger evil scheme precipitating in conflict and disorder.
Asean too gave a slap to Hilary by sanctioning the election in Myanmar. And with China taking the same stand as Asean, it became a left and a right slap. It must be very disappointing after painting Myanmar in thick black to see Asean and China saying otherwise.
The third defeat was in the APEC Summit when nothing came out in favour of the Americans. Increase protectionism and the attack on Chinese Yuan no longer receive support from other nations. Both were not seen as worthy causes for support. A strong Chinese Yuan would mean higher cost and higher price for Chinese products which the rest of the world, including American citizens will have to pay. And it will do nothing to help unemployment and trade imbalances.
The real problem is cheaper labour cost and infrastructure cost in China. When the Chinese workers are prepared to eat less and live simply, and produce more, no amount of currency manipulation can turn that around to favour the US.
The US must reexamine itself and its belligerent policies towards other nations. They cannot impose leadership on the rest of the world when it can’t even solve its own domestic problems. And no country will want to be embroiled in warfare at the beck and call of the evil Empire.
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