12/23/2010

From one scam to another scam

The New York Attorney is taking Ernst and Young to task for its role in misleading the public that led to the collapse of Lehman Brothers. The fall of Lehman Brothers resulted in a worldwide financial crisis culminating in several big banks going under as well. Many investors lost heavily from the fiasco. The first strange thing about this is that it will be a civil suit brought by the New York Attorney General against Ernst and Young for aiding Lehman to mislead investors. Why it is not a criminal suit in the first place is quite funny. Maybe it is meant to be a joke. Whatever, it is good that finally the law is catching up with the most important partner of crimes against the innocent masses at a scale that is beyond comprehension. The auditing companies have so far been left untouched in many cases of fraud or misleading the investors across the world. Somehow they are always free from prosecution. They are blameless when in reality they were the one that played a vital role in hiding all the frauds in the financial statements. More needs to be sued and put behind bars. This brings me to the second strange thing in this civil suit. The accused is the inanimate institution and not any of the senior executives. The humans who made all the decisions, committed all the frauds, were free from blame. It is the lifeless institution called Ernst and Young that was at fault. How ridiculous can it be? Sounds very familiar too, huh! So, from one big scam, the New York Attorney is going to create another bigger scam. No human bean is at fault or to be held responsible. It is very, very neat indeed. This is first class American rubbish. And the robbers are still wining and dining in their mansions and yachts around the world.

12/22/2010

More colourful words in the media

Not many days ago Tommy Koh was said to have commmented that India was half in and half out. Quite an interesting expression that left many wondering what he meant. Today I read that India is deeper into Singapore. Hmmmm, what does that mean: ) Tomorrow the media may report that Singapore is getting wet. Too much rain in the December season I suppose. Or it may be India is pulling out!

The psychopaths in South Korea at it again

South Korea has announced that it will be holding the biggest live firing drill this Thursday 50km from the North Korean border. The scale of the drill is unprecedented. If this is not provocation, what is? The failure to lure the North Koreans to retaliate last Monday seems to have agitated the psychopaths in South Korea to a point of frenzy. They must do more to provoke the North Koreans. These irresponsible and reckless lunatics in Seoul need to be put in an asylum for the good of the Korean people. The UNSC must act to stop all the provocations from the South Koreans. The other two third of the evil Trinity are keeping mum. The western media are keeping mum. They are all waiting for the North Koreans to react. I thought the insanity is over and the Korean race is safe. I am being too presumptious and too optimistic about the psychopaths in charge. When will the South Koreans rise in revolt against them? When will the UN stand up to stop this madness? Don't count on the Americans and the Japs to stop the South Koreans. They are part of the evil scheme. Go on, blame the North Koreans!

No Yellow Ribbon for Jonathan Wong

The British court has found Jonathan Wong, a MOE scholar reading History at York University, guilty as a sex offender. What did he do? He possessed child pornography videos in his computer. I am also sure that many people watch pornography in Youtube. Are they sex offenders too? Or must one be found to have pornography in ones lap top to be considered a sex offender? My simple understanding of a sex offender is one who committed a sexual act that is not permitted, either by force, without permission or against a minor. Did Jonathan Wong commit such an act? Viewing pornography could be for curiosity, a process of growing up, a animal lust. Admittedly viewing child pornography is a step further to the dark side. Did Jonathan do what he did out of curiosity or a process of growing up? Or is it a sickness, a mental condition? If it is a sickness, a disease that results in perversion, should he be treated as a sick man rather than a criminal? If it is just a case of curiosity, a temporary perversion, is the punishment too severe? Murderers or rapists could get away with their crimes on grounds of mental sickness or even an abused childhood. The University also expelled him and prevented him from completing his studies. Now this would do more harm to him as a human bean than in helping him in any way to right his sick behavior. He has a life to live and needs to be equipped with an education to complete his life journey. Is the University being too harsh to Jonathan in this case? Jonathan has not harmed anyone except himself. What he did is not acceptable to what society would consider as decency. But there is no need to destroy his life. He has taken his punishment. What he needs now is help to become a normal person again. Depriving him of an education is akin to hammering the nails into a coffin. At most his act is deplorable. He did not rob, maim, kill, rape or hurt anyone. Where is the appropriateness in the punishment dealt to him? The court is fair in the six month suspended jail sentence. Is the University being fair and enlighten in expelling him? Hard core criminals are also allowed to study in prisons and sit for their examinations. Where is the Yellow Ribbon?

12/21/2010

George Yeo pissed off with the Third Party

MSN India, 20 Dec 2010 Kolkata, Dec 20 (PTI) Singapore Foreign Minister George Yeo today pitched for strong Sino-Indian ties, saying that "some" of what is being made of the "rivalry" between the two countries was in the interest of "third parties". "Much has been made of the rivalry between China and India in the recent months, some of which no doubt is in the interest of third parties," Yeo said while speaking on ''Tagore''s Dream for Good Relations Between India and China'' at the Netaji Research Bureau here.... After being on the wrong end of the stick when Singapore's leaders were fixed nice and proper by the WikiLeaks, the normally well composed George Yeo is feeling the heat. In the above statement quoted, he lashed out at the Third Parties for causing rift between India and China. The Third Parties have been messing around and fixing all the Asian countries to be at logger heads with each othe for a very long time. India and China were no exceptions as they were courted, conned and misled, and hit by disinformation, to end up in deep mistrust of each other. Who are the Third Parties hiding in the dark corner, causing the rift and getting the ire of George Yeo?