5/20/2011

Housing policy parameters

The parameters used to determine what is affordable housing should be discarded as it is a wicked way to enslave our young to a home that is no bigger than a shoe box. The formula of 2 incomes, 30% and 30 years to pay up is outrageous as the consequences of paying so much of two persons’ income just for a roof over their head went beyond just financial cost. It has a wide ranging negative social cost for the people and the country as well. Inflation, high cost of living, family formation and bringing up children, even the digits to go into the production of labour, are gravely affected by this sick formula. The argument that it is an international practice is bull. Why don’t the policy makers adopt the international practice of what is a decent salary for themselves as practiced internationally, which incidentally will be no more than 10% of what they are getting now? What is it that their incomes can be unique and defy all conventions? Why is it that they are willing to break all rules and norms when their own interests are at stake and persist in sticking to a deadly formula that is wearing down our future generations financially and emotionally? The formula is robbing the income of our young and depleting their savings for retirement. It is a seriously flawed formula and must be changed immediately for the good of the people and country. All the reasons against this formula have been aired, all the bad and negative consequences arising from this bad formula are there to be seen and are being lived by the bulk of the population. Would this diseased sacred cow be slaughtered? Or would the same song be sung and praised, that this is the best formula for the people? Who is benefitting from this formula and who is paying a heavy price for it? The beneficiaries are the govt, developers and the rich property owners. The adversely affected is everyone other than these three groups of people. Can we see a drastic and badly needed change in the housing parameters to one that is based on a single income and shorter period of repayment? Two income families are destructive in many ways for bringing up children and building a home.

5/19/2011

Crazy pony

A crazy pony running away. Its backside is facing backwards squarely. The pony is on the right with its head looking back. Livelier than Hsu Pei Hong's horses. More pics on Art of RAR Gallery on top right.

The Duke of Bukit Timah

After 45 years of history, our political development is taking on the image of medieval Europe when society was divided into the ruling class, the gentry, the landowners and the farmers. We have unwittingly developed a similar ruling class, a gentry class, landlords and of course the worker class that do all the working today to feed the ruling class. The ruling class and gentry are those that have contributed to the success story of this island and it is timely that they should be honoured by the peasants and workers. As a republic, titles like kings and princes may be a bit too much to stomach. Perhaps something less grandeur, like Dukes and Duchess, Counts and Countess, Barons and Baroness would sound quite pleasing. They would also remind the people of our rich colonial past without being seen as subjects of an empire if we were to use titles like Sir or Datuk. The Duke of Bukit Timah, the Count of Toa Payoh, the Baron of Sengkang, etc etc, nice right? And the families of such title holders be entitled to a life pension, I mean stipend, to befit their nobility. Such titles will be better than trying to reinvent the wheel, like Emeritus Ministers or things like dat. And when there is a wedding among these nobilities, we can make it real big, and sell souvenir T shirts, cups and glasses as well. Good for tourism and tourist dollars. The Europeans still have their kings and royalties, the Indians have their Maharajahs, we can have out very own nobilities. And Catherine Lim can write books about the exploits and adventures of Dukes, Counts and Baroness instead of about bind foot maids, so unattractive subjects.

The GE aftermath - Cabinet shake out

Hsien Loong gave his cabinet a big shake out and ended up with a new wardrobe. Two were rejected earlier in the GE, two were out of fashion and retired, two museum pieces were removed, and three unpopular pieces were thrown out. In came two of the latest fashionwear while the whole wardrobe was rearranged with mix and match. The people must be eagerly waiting to see what new clothes would Hsien Loong wear, and hopefully not the same proverbial emperor’s new clothes again. With the superannuation of three of the most controversial ministers, and the big shuffle, Hsien Loong has cleared up everything and preparing a new recipe. The old mindset, the old clever ways and the old sacred cows are expected to be slaughtered. The new men in charge have no need to defend them and not having to answer for them. Can the people really hope for a new and radical change? For a start, no more $8 heart by pass. On the other hand, maybe $8 for a 5 rm flat. If the former is possible, the later should be easy. From all the signals flying around, the great housing success stories are history. The people can expect the whole ministry to be turned upside down, with the past glories turning to past follies. With a new man in Health, would the policies of having world class hospitals be toned down when there are not enough world class patients to pay the world class bills? There is no doubt that the public hospitals are world class and a pride of the nation. Unfortunately many patients would be made bankrupt if they are admitted for a major illness or have to stay in a few days longer. The minister must be reminded of the saying, ‘better die than be sick.’ Transportation is likely to be relooked at. This is a major infrastructure issue that cannot be transformed overnight. It would take longer than 3 to 4 years of building a public flat to restructure the transportation system. But the ineffective use of hiking ERP charges and parking fees that would not change anything may not be applied so regularly as in the past. The immediate issue is to bring down transportation cost before it paralyses a whole nation, with people choosing to stay at home when they find it too costly to take public transport. Changes are expected in all the ministries after the mechanic opened the shining car’s bonnet only to find practically every system in need of a major overhaul. Funny isn’t it? How did all this come about? The voice of a disgruntled people has finally been heard, and the people wanted change, by throwing their support for opposition voices. The popularity vote for the govt is down to a level that if nothing changes, the next election could see the govt being bundled out for good. The voice will be louder with the liberalization of the new media. The gongs and the bells are ringing loud and clear, incessantly. The noise is no longer noise, but anger, frustration, and unhappiness. Clarification, this group excludes those that have already attained a Swiss standard of living, and the believers. The govt would have to take heed or it would not be given another chance. Hsien Loong’s ransacking of his cabinet is a big signal for change. Now the people wait, while the changes take shape, for good or for worst. 5 years is all Hsien Loong got. PS. Originally I wanted to end this article with 'The reign of Hsien Loong starts today'. Looking at the big picture, I changed my mind.

5/18/2011

Major cabinet reshuffle

Hsien Loong has announced a new cabinet with major changes. Kan Seng, Mah Bow Tan and Raymond Lim have retired from the cabinet. Heng Swee Kiat is the new Education Minister while Chan Chun Sing is Ag MCYS. Several appointments were shuffled. Watch out for the news tonight.