Another motorist complaining of being robbed

A letter to the ST forum complained that the motor insurance is just like day light robbery. No accident, premium still goes up. Got accident, premium goes up higher. So what the hell is happening? What are motorists paying? Protection money? The insurance premium is more than the road tax the motorists are paying. Weren’t some jokers said they were working on this to help the motorists? Who is making all the motor insurance money by the way? The insurance companies claimed that they are losing hundreds of millions. But they would not give up the business. There is a big rat somewhere.

The Americans and South Koreans hell bent on war

They continue to provoke the North Koreans by conducting more war games. And they are complaining that the North Koreans are provocative. And they want China to rein in the North Koreans! The countries that are provocative and need reining in are the Americans and the South Koreans. If they stop their provocation and stop their war games at the border with North Korea, there will be no tension. Here we have the devil calling everyone devil. The best part is that they are going to blame China for the next Korean War. They are not meeting in Washington planning when to start the war. Since the South Koreans are bent on killing the North Koreans, and themselves being killed, and the US and Japan most willing to join in the killing, China should just fold its arms and watch. Let them go merrily to kill each other. China should just say, go ahead, it’s my pleasure. In the meantime China should just tell the world what the Americans are up to.

COV slipping down, is it good?

Why are people making comments like as if it is a good thing that COV is coming down? If it is good to keep it down, it should not have gone up so high in the first place. Oh, market forces, can’t be helped. But the govt is helping to push it down with all the curbs and cooling measures, which means it can be helped. A young couple was happy that they could afford a resale flat at $350k with a $15k COV. Happy like shit, as if striking lottery. Their combined income is $3,500 pm. Even with a $50k grant, it is still more than $300k for that unit. With the mortgages and interest, it is probably something like $600k by the time the loan is fully repaid. How many months or years of income is that? Nearly 20 years. It means that this couple would have to work for 20 years for free just to pay for that flat. Don’t they need money to survive, to bring up children? Never mind, these are the losers in our society. Think about the good stuff. Many residents are owning properties worth millions and feeling so rich. And their properties are going to go up in value with more investors flooding here. Singapore is now the top city for property investment. To maintain this shining title, our property prices must go up. And for COV to come down, that is bad. It is working the other way. Maybe it is temporary as election is around the corner. Singaporeans will have more to cheer after the election when their property prices shoot to the sky once more. And the young couple mentioned above can pat their own back to congratulate themselves for making a wise decision. Their $350k flat may then be worth $500k and they will be sitting on a fat profit, and feeling very rich.

Difficult to plan housing needs on a macro basis

This is what Lim Hwee Hua said at the Kampong Chai Chee dialogue. How many people agree with this statement? The residents were angry at the high prices of public flats which they knew were driven by exceptionally high demand and low supply. Any man in the street will be able to tell why when the distortion of demand and supply is so huge. No need super talent feats. Only those who chose not to see will say they don’t know. I don’t believe that someone is sleeping on the job. Neither do I believe that there is no data to show the macro pattern of population growth. The population growth is not 100k or 200k, it is once in 50 years type of increase! What is the real reason for the fiasco? Like they said, the truth will never surface aka Mas Selamat’s escape. Another comment from Lim Hwee Hua is that first time flat buyers are finding it difficult to buy flats because COV is too high. Is that so? What about the prices of new flats and resale flats? If it is just COV, then prices of new flats and resale flats are affordable. Sure affordable as many are snapped up on launches, except that the buyers will hang millstones on their necks and pray that they will be able to repay the loans over the next 30 years. When there is no other choices, the buyers will just have to take whatever that is available at the price of the sellers.

Korean War – An American Conspiracy Revealed

The Americans are adamant that the Korean War must be reignited. They needed the war to generate more revenue for the American weapons industry and, politically and strategically, to entrench their position in the Korean Peninsula. Minus the tension, the two Koreans will be talking and getting closer, possibly reuniting which will force out American bases in Korea. So the game plan is to get the two fighting at all cost. The start was nuclear weapons in the North. This would put a lot of pressure on the North and western opinion against them. The most deadly attempt is likely to be the Choenan which killed many South Korean soldiers. It was a good reason for the South to attack the North. But the amateurish prank soon was uncovered and the South could not use it as a reason to fight the North. It should be a reason for the South to declare war with whoever that killed their soldiers. Who is this party? The Americans are not going to give up easily just because Choenan did not go as planned. More provocations needed, more war games to provoke the North. This came when the North retaliated by bombing Yeonpyeong. Now there is good reason for the South to get work up. The number of death in this instance is much lesser than Choenan. But there is clear proof this time that the North fired the artillery. No media in the world has raised the issue of American/South Korean provocations by conducting regular war games at the border with the North Koreans. This is not to be spoken. Now the next step is to push the South Koreans into war. This will be followed by roping in more Asian countries into the conspiracy. Japan, Nato, Australia and NZ forces are guaranteed to be a part of this new war. The trick is to get the Asian countries into it. Remember the Asian Tour by Obama? The picture is getting clearer. The Americans wanted the Indians and the Indonesians to come on board in this new coalition against North Korea and its allies. The Indonesians will not be drawn in. India is still a high possibility. When the new Korean War breaks out, there will still be two dependable Asean countries to step forward to join the Americans to kill the Koreans, both North and South. No prizes for guessing. The real loser in a renewed Korean War will be the people and nation of Korea. They will become history. Any survivors will likely become subjects of their new colonial masters.