1/16/2011
We need more cooling measures
The latest bout of cooling measures to curb property prices is touted as a very well thought out plan. The previous three measures thus must be not too well thought out. And if this one does not work out, the next betterer thought out plan will be rolled out.
Curbing high property prices is not the only area that needs cooling measures. We need cooling measures for COE prices, university tuition fees and of course medical fees. There were some hints of curbing high legal fees in the private sector. That is also an area that many cannot afford to pay to the top legal eagles. They are so good that they could even demand an arm or a leg from their clients. And affordability is never an issue.
So far the only real cooling measure that works is the salary of workers. Real cool man.
NTUC Dental Care
Lee Wei Ling wrote an article in the Sunday Times today complimenting Singapore doctors for not doing unnecessary medical tests and cutting down medical cost. I had an experience last week at NTUC Dental Care when I was coerced in a way to have two Xrays taken or else no treatment.
I went just to repair a tooth filling that was chipped off. A simple removal of the existing worn filling and refilling it with new amalgam should do the job. The dental surgeon insisted that two Xrays must be taken as evidence of the state of the tooth and should the hole be too big and necessitate a root canal treatment, then she would be protected in case I complain that it was her fault. I want to say 'f'.
This really pissed me off. I was at the verge of sitting up and walk out of the clinic. But I held back as it was a small matter and did not want to waste more time since I had already made the appointment and sitting on the dental chair. The reasoning for the extra two Xrays was unacceptable as it was done for her own protection against complaints by unhappy customers. Here she assumed that I would be an unreasonable customer, that the hole in my tooth could be bigger and required canal treatment, and I would complain against her. So I kenna paid for two Xrays for her protection just in case.
At the end, after the treatment, there was no big hole that required canal treatment except a big hole in my pocket that was unnecessary but for her own good. And now, I am complaining for a different reason. I actually did not want to raise this minor issue until Wei Ling's article reminded me of how medical cost can go up for all the wrong reasons.
And if my experience is the norm, then many NTUC members or NTUC Dental Care customers must have been made to pay for unnecessary tests. NTUC being an organisation to protect the welfare of workers should rethink this stupid practice and save the workers some money.
No, I am not going to complain to Swee Say about this. Too tedious and time consuming. But any NTUC leaders or members reading this may want to take note and bring this up to him. It will save the workers some money and avoid being abused by such arrogant attitude of some practitioners.
1/15/2011
Singapore University Education quality up
The tuition fees for Singapore universities and polytechnics will go up in the next academic year. The reason given is that the cost of providing quality education is going up.
The fee hikes range from 3% to 6% for universities and 2% to 3% for polytechnics. The increases for NUS and NTU were 4-6% which are higher than SMU’s 3%. At the rate it is going the quality of education in NUS and NTU will improve tremendously over that of SMU. And I can presume that SMU will have to improve its quality next year by higher fee increases just to catch up.
Students in NUS and NTU will be celebrating in the increasing quality of their education. Students in polytechnics will have to make do with only 2-3% improvement.
If university fees were a guide to the quality of the education provided, then the fee increase must be accelerated. Then it will only be a matter of time when the quality of our university education be betterer than the top universities in the West. And students who can afford to pay more for quality education will be flocking to this education hub for world best university education.
What high COEs will mean
If a taxi cost another $50k, you can bet the taxi will go up accordingly to cover the extra cost. If school bus is also in the scheme, you can bet that bus fees will go up. At $50k more and a 7 year life span for a taxi, it simply means $7k more to write off a year or $600 pm more to charge to the commuters. The school bus will have to apportion the increase to the 20 to 40 kids in a bus.
The goods and delivery vehicles will have to be cost in which means ultimately everything will be cost in. Don’t think it will only affect the car owners or ex car owners. The multiplier effect will quite widespread.
And anyone buying a $100k car will not park it in the car park for show. It is too costly to waste away. And insurance companies will be laughing to the banks with car values going up.
More people changing to public transport means the public transport system will have to take on heavier load. More buses and trains, more sardines, and more cost. Somehow, whichever way, the cost is still up. Why like that? COEs, ERPs, public transports, no matter which button is pressed, commuters got to pay more and bear with bigger inconvenience.
1/14/2011
A brilliant American analysis on rift in China leadership
A REUTER report quoting Pentagon official’s comment about the maiden flight of China’s stealth fighter aircraft is simply brilliant. It said that Hu Jintao and other top Chinese leaders did not know about the test flight, implying that they were kept out of the loop. So there is possibility of a rift in the Chinese leadership, between the civilian leaders and the top brass in the military.
I am impressed with the quality of the analyst and the value of this report. The readers must now all believes that the Chinese leadership will soon fall apart and a coup is taking place.
My simpleton layman observation is that Hu Jintao and his comrades were too busy with their preparation for Gate’s visit and all the briefings they were given were forgotten, or they did not pay any attention to them. Or perhaps the reports were all on their tables but they got no time to read as they were thinking of how to make Gates happy during his visit to China.
So no miscommunication. Just a slip of the mind, or too busy. I think my analysis is equally brilliant in a way. But the Americans and the western media can keep on hoping that China will collapse or a leadership struggle will take place and breaking up China like the Soviet Union.
PS. This American view is news worthy woah.
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