Were we done in by the Americans

The MFA had commented that ‘One purported meeting did not even take place’ and ‘Records of what was spoken differ,’ in response to the WikiLeaks revelations. What did these comments imply? Did the Americans concocted their reports and identified Singapore as the source when nothing of the sort took place, or they twisted the words to fix Singapore? It sure looks like we have been done in by our good friends the Americans. If true, it shall warrant a formal protest to the American govt and those being offended parties be duly informed. Unfortunately, even if it is true, it only concerns two cables, one that did not take place and another being altered. Then what about the rest of the cables? They must be true. Then what? Or was it an early Christmas gift? Do we need to say thank you to the Americans or return a gift in kind? Or an apology from the White House is warranted?

Merry Christmas and a Leaky New Year to everyone

Quote from Mah Bow Tan

“While the challenges in the next phase will be different, the HDB’s core mission of building homes and bring hope of a better life for hardworking Singaporean families remained unchanged. With the continued support of other agencies, community leaders, and residents, I am confident that we can build an even better home for all – one where ‘we’ll build our dreams together. Just like we’ve done before. “ Mah Bow Tan The above quote is copied from the Today paper.

Just musing

Is it possible that a 5 rm HDB flat costs less than one year’s combined income of two young graduates? Young graduates refer to those working less than 5 years after graduation. And this could also be extended to mean any two young executives with the same income. Definitely. At one time a 5 rm flat cost only $27,500 in Holland Village. If the couple were earning $1,500 pm each, that’s $3k pm or about $40k pa inclusive of bonuses. I know some of you are shaking your heads. KNN. How could this be possible when we are supposed to better off than before? Those people then could pay off the whole $27k with less than a year’s income and with plenty to spare. And they could set aside some money as savings in their CPF or in their bank accounts. Better still, with that kind of price, today the same flat could have appreciated and may be valued at $600k! Damn nice feeling huh. Using the same magic formula, a $400k flat today could well be valued at $8m in the future, using a multiple of 22 times. But things are not that easy now. In the first place, an average young couple would have a combined income of $6k pm or an annual income of $90k. This would not even be enough to pay for half the price of a 3 rm flat. So it would be a no go to begin with. Buying a 4 rm flat will probably eat into all their CPF savings for the next 20 years, leaving very little as savings. Can things be the same again? Can they really believe that their $400k flat be worth $8m in the future? The catch is that many workers, especially the CBF workers, would not be able to see their salary go up in leaps and bounds to be able to pay for a 4 rm flat. Who can afford an $8m public flat? If a public flat is selling at $8m, then a plate of char kway teow would likely cost $100 and an average young couple should be paid like $30k pm. Maybe, just maybe, when everyone is using banana currency.

The Evil Trinity

The Evil Trinity is led by the Madman of the 21st Century. One member is the beast of the 20th Century and the other is the psychopath in South Korea. The Madman is infamous for starting wars everywhere and killing innocent people to satisfy its lust for power and control. It could do it as it could deliver the most destructive power to its victims and knowing very well that the victim could not hit back. And it will continue to attack any country on this basis until someone stands up to give it a bloody nose before it would stop. To continue what it is doing in a bigger scale it is pandering to the lust for glory of the old Japanese empire in the beast. It is encouraging the beast to take on a bigger and more belligerent role in world affairs by expanding its military capability to wage wars. And the psychopaths in South Korea were given full military support to provoke the North Koreans to start a war. The 21st Century is going to be a precarious century with the Evil Trinity out to conquer and dominate the world. The only hope to push back this evil force is an alliance between China, Russia and North Korea. A better balance would be to include India, Brazil and even the European Union. The latter is a far fetch hope as they are likely to join the Evil Trinity instead and become an Evil Gang of Four. All peace loving nations should unite against this force of evil and voice their opposition to what they are doing. They cannot allow them to go on setting the world, country by country, on fire. The rest of the world cannot continue to be divided and duped into complacency and be controlled by the neo colonialists and be victims of a new formula of oppression. Every country has to stand up to oppose this evil trend or risk losing their independence and become subservient to the Evil Empire, fronted by the Evil Trinity.