The Bersih Rally was a peaceful rally with tacit approval from the Yang di Pertuan Agong. The Govt also agreed to allow the Rally to be held inside a stadium. It was not meant to be an Arab Spring, but a call for a clean and fair election, prevention of corruption by the Govt, and a level playing field for politicians. Are these too much to ask for?
The Govt had a change of mind and no permit was issued. So the Rally became illegal. Once anything is declared illegal, the full force of the law and the legal gangsters can do anything they want against the ‘criminals’. On the contrary, anything that is declared legal, passed by the Parliament, will be legal and right, even corruption.
So, a peaceful demonstration turned violence. No, the demonstrators did not start it. They did not fight back. They sat on the roads leading to Merdeka. Pardon my pun. Who were the real perpetrators of violence? The demonstrators were sprayed with chemical treated water, tear gas, blasted by the might of water hoses and batons. And 1,600 were arrested for attending a peaceful Rally that ended in violence, by the authority that was there to prevent violence. Perhaps it was done for the good of the demonstrators.
Yes, the authority was there in full force, to prevent violence and to protect the peaceful demonstrators from harm. Looking at the parties that received the full brunt of the violence, you cannot miss the truth, as to who were the real perpetrators of violence.
Maybe, if the peaceful demonstrators were to handcuff themselves, they will be safe from violence against them. Handcuffing is the safest and most ingenious way to protect them from harm. It will keep them from harms way too, and to prevent people from causing harm to them.
My apologies if all this do not sound logical. It is Sunday morning, and a little hangover makes logical thinking a bit funny.
7/10/2011
7/09/2011
For the love of money or justice
This is an era extremely starved of ideals (骨感), but precisely because of this, our ideals can take flight.
In such an era, what expectations and aspirations do I have for you? I know that a professor from Beijing Normal University once told his students, “If you don’t get 40,000,000 dollars within 10 years after graduation, don’t come and look for me.”
I won’t say the same thing to our graduates.
I don’t hope that you people become prominent elites. I will only say that 10 years from now, if any of you dare to plot against the good and the loyal, I will refuse to let you step across my door, I will refuse to acknowledge you.
You don’t have to be Bao Gong (a historical figure from the Northern Song Dynasty known for his sense of justice), but you cannot frame the innocent and get the loyal and the good into trouble. This is the most basic and minimum baseline to follow and live by.
The above is an extract of a graduation speech by Professor He Bin of China University of Political Science and Law that went viral. Professor He is the Vice Dean and Department Head.
His speech is a dig at the money driven motives of modern Chinese and the widespread ills of corruption and injustice in the Chinese society, where the elite have no qualms to do the innocents in, for their own selfish agenda.
It is a plea and a revelation of how sick a society can be when the elite themselves are sick and abusing the trust and power of their office.
PS: I copied the quotation from an article in The Kent Ridge Common.
In such an era, what expectations and aspirations do I have for you? I know that a professor from Beijing Normal University once told his students, “If you don’t get 40,000,000 dollars within 10 years after graduation, don’t come and look for me.”
I won’t say the same thing to our graduates.
I don’t hope that you people become prominent elites. I will only say that 10 years from now, if any of you dare to plot against the good and the loyal, I will refuse to let you step across my door, I will refuse to acknowledge you.
You don’t have to be Bao Gong (a historical figure from the Northern Song Dynasty known for his sense of justice), but you cannot frame the innocent and get the loyal and the good into trouble. This is the most basic and minimum baseline to follow and live by.
The above is an extract of a graduation speech by Professor He Bin of China University of Political Science and Law that went viral. Professor He is the Vice Dean and Department Head.
His speech is a dig at the money driven motives of modern Chinese and the widespread ills of corruption and injustice in the Chinese society, where the elite have no qualms to do the innocents in, for their own selfish agenda.
It is a plea and a revelation of how sick a society can be when the elite themselves are sick and abusing the trust and power of their office.
PS: I copied the quotation from an article in The Kent Ridge Common.
A Walk for Merdeka
Today is the day. Bersih 2.0 is rallying Malaysians to a Walk for Democracy, for clean and fair election. And the venue, the Merdeka Stadium. The cries of Merdeka is going to scream through the air like the cries in 1957.
The Walk for Democracy was meant to be a street rally but strongly opposed by the BN and Perkasa. It took the Agong to intervene for a compromise venue inside the walls of a stadium. This is not to be with the BN sending the police to cordon off all roads leading to Merdeka.
At the same time Perkasa and UMNO Youth Wings, both branded as ultras with very strong Malay rights views are opposing the Bersih Rally. They wanted to hold counter rallies on the same day to march towards the Bersih gathering. Officially these were turned down. But they will continue with their march in one way or another as a show of force against Bersih supporters.
The undertone of their protests against Bersih is racial. They are accusing Bersih of splitting the Malay unity which was something furthest from the Bersih position. Bersih is calling for clean and fair election. What has this got to undermining Malay unity is only for the BN, Perkasa and UMNO Youth to interpret.
By all means, the Rally today is going to turn into a confrontation that can become ugly. The police are there to prevent the Rally from taking place, by order of the BN govt. So which side would the police take in a flare up or when the Bersih supporters approach the Merdeka Stadium?
Tension is rising in KL. The stronger the govt tries to stop the Rally, the greater the resistance and the greater will be the counter resistance. KL is seeing a showdown for a new Merdeka cry. The price to pay for this new freedom can be very high. Would tomorrow be just another Sunday in KL and Malaysia? It all depends on how the police handle the two opposing sides and how violent it turns out. Would 9th July be remembered in the same vein as May 13?
The Walk for Democracy was meant to be a street rally but strongly opposed by the BN and Perkasa. It took the Agong to intervene for a compromise venue inside the walls of a stadium. This is not to be with the BN sending the police to cordon off all roads leading to Merdeka.
At the same time Perkasa and UMNO Youth Wings, both branded as ultras with very strong Malay rights views are opposing the Bersih Rally. They wanted to hold counter rallies on the same day to march towards the Bersih gathering. Officially these were turned down. But they will continue with their march in one way or another as a show of force against Bersih supporters.
The undertone of their protests against Bersih is racial. They are accusing Bersih of splitting the Malay unity which was something furthest from the Bersih position. Bersih is calling for clean and fair election. What has this got to undermining Malay unity is only for the BN, Perkasa and UMNO Youth to interpret.
By all means, the Rally today is going to turn into a confrontation that can become ugly. The police are there to prevent the Rally from taking place, by order of the BN govt. So which side would the police take in a flare up or when the Bersih supporters approach the Merdeka Stadium?
Tension is rising in KL. The stronger the govt tries to stop the Rally, the greater the resistance and the greater will be the counter resistance. KL is seeing a showdown for a new Merdeka cry. The price to pay for this new freedom can be very high. Would tomorrow be just another Sunday in KL and Malaysia? It all depends on how the police handle the two opposing sides and how violent it turns out. Would 9th July be remembered in the same vein as May 13?
7/08/2011
The debate between foreign talents and citizens
This debate has been going on for quite some time and some heat has been generated as a result, with some getting personal and Singaporeans being accused of being xenophobic. The debate is healthy but when pointing a finger, one has to be aware that the foreign talents should not be blamed for being here and taking away the jobs from local PMETs. Neither should the foreign talents blame Singaporeans for exhibiting some hostilities. Both are misplaced.
Put it simply, if there is no policy to invite the foreign talents here, if the immigration door is not opened by the govt, no matter how hard the FTs tried, they will not be able to get in. The fault is not with the FTs.
And Singaporeans got reasons to be angry when their jobs are taken over by FTs but not at the FTs. If someone let in the thieves, don’t blame the thieves. Singaporeans should not direct their anger blindly at the FTs, the FTs too would not react so negatively to Singaporeans.
As the saying goes, while the two balls got hanged banging at each other, the guilty one is still having a good time screwing around. True or not?
Put it simply, if there is no policy to invite the foreign talents here, if the immigration door is not opened by the govt, no matter how hard the FTs tried, they will not be able to get in. The fault is not with the FTs.
And Singaporeans got reasons to be angry when their jobs are taken over by FTs but not at the FTs. If someone let in the thieves, don’t blame the thieves. Singaporeans should not direct their anger blindly at the FTs, the FTs too would not react so negatively to Singaporeans.
As the saying goes, while the two balls got hanged banging at each other, the guilty one is still having a good time screwing around. True or not?
Return respectable but not impressive – Analysts
This is the title of an article on the release of Temasek Holding’s financial report. I went through briefly on the charts and totally disagree with this comment. I tried to figure out what which auditing company did the report, or was it done internally, but could not find any names mentioned. So I presume it must be an internal auditor.
What was reported was simply excellent. I think not many fund managers can boast of such remarkable financial returns over the same period covered. I am greatly impressed with the super talents running it. Time to reward them handsomely.
The report covers a period from 2004 to 2011 which was hit by the global financial crisis in 2008. Temasek was badly hit like everyone, and its portfolio value fell from $185b to $130b, registering a loss of $55b. This is no small peanut. In the train I used to read this advert from a fund manager boasting of a whopping US$5b that it was managing. Now look at the $55b being wiped out within a year. That was easily an equivalent of wiping out 10 big fund managers completely.
But no need to worry. In year 2010, Temasek fully recovered from all its losses and its portfolio went back up to $186b, a whopping and unbelieveable recovery. And now 2011, it added another $7b to top $193b. Can you beat that?
Another better indicator is that throughout the period of 2004-2011, Temasek registered profits every year! Even during the global financial crisis, it booked a net profit of $6b and $5b in 2009 and 2010 respectively. If this is not impressive what is? The portfolio could be wiped out by $55b and there was still profit to be made, approximately about 10,000 peanuts.
I think those analysts that tried to talk down this fantastic report of Temasek need to have their heads checked. It is probably the best fund manager the world has ever seen. I don’t think any sovereign fund or funds of this size could do any better than Temasek in the same period.
It is a company that practically cannot lose money no matter what crisis is in the air. Better put in more money for Temasek to manage. Well done, and time for a well deserved fat bonus.
What was reported was simply excellent. I think not many fund managers can boast of such remarkable financial returns over the same period covered. I am greatly impressed with the super talents running it. Time to reward them handsomely.
The report covers a period from 2004 to 2011 which was hit by the global financial crisis in 2008. Temasek was badly hit like everyone, and its portfolio value fell from $185b to $130b, registering a loss of $55b. This is no small peanut. In the train I used to read this advert from a fund manager boasting of a whopping US$5b that it was managing. Now look at the $55b being wiped out within a year. That was easily an equivalent of wiping out 10 big fund managers completely.
But no need to worry. In year 2010, Temasek fully recovered from all its losses and its portfolio went back up to $186b, a whopping and unbelieveable recovery. And now 2011, it added another $7b to top $193b. Can you beat that?
Another better indicator is that throughout the period of 2004-2011, Temasek registered profits every year! Even during the global financial crisis, it booked a net profit of $6b and $5b in 2009 and 2010 respectively. If this is not impressive what is? The portfolio could be wiped out by $55b and there was still profit to be made, approximately about 10,000 peanuts.
I think those analysts that tried to talk down this fantastic report of Temasek need to have their heads checked. It is probably the best fund manager the world has ever seen. I don’t think any sovereign fund or funds of this size could do any better than Temasek in the same period.
It is a company that practically cannot lose money no matter what crisis is in the air. Better put in more money for Temasek to manage. Well done, and time for a well deserved fat bonus.
Subscribe to:
Posts (Atom)