The US and its European partners have been challenging and questioning China's sincerity as a responsible superpower. Bloomberg has just reported that China will be extending a helping hand to Italy, Spain, Greece and Portugal and also investment bank Morgan Stanley to overcome their financial crises. China was also instrumental in helping the US tied over their own financial crisis in 2008. And who caused all the crises?
The question is whether these ingrates would turnaround to bite China after they have been nursed to health by China's financial assistance. While the US is running around farting, and only offer words, the Chinese are going to unload its cash hoards to these crippled nations.
So, who is really the irresponsible one?
9/14/2011
Notable Quotes by Zaqy Mohamad
‘Mr Zaqy Mohamad, MP for Chua Chu Kang GRC and member of the PAP New Media Sub-Committee, said he's also seeing more Singaporeans "frustrated" by what they deem as "misinformation" online.’
I think the safest place for readers who want to read only the truth instead of misinformation will be the main media. These are official and professional news media whose articles are written by professionals who took great pride and integrity in their work and would double and triple check their work for accuracy and truth before publishing them.
All thinking people who are hungry for the truth and cannot figure out what is truth, untruth, misinformation, propaganda, half truths etc should just read the main media for their own safety. And for the unthinking, where else is the safest place to read the truth without having to think?
PS. Now that I am telling the official truth, I hope my blog will be classified as safe for reading and those who want to read only the truth and not misinformation will come visiting: )
I think the safest place for readers who want to read only the truth instead of misinformation will be the main media. These are official and professional news media whose articles are written by professionals who took great pride and integrity in their work and would double and triple check their work for accuracy and truth before publishing them.
All thinking people who are hungry for the truth and cannot figure out what is truth, untruth, misinformation, propaganda, half truths etc should just read the main media for their own safety. And for the unthinking, where else is the safest place to read the truth without having to think?
PS. Now that I am telling the official truth, I hope my blog will be classified as safe for reading and those who want to read only the truth and not misinformation will come visiting: )
Property prices to drop by 10%
The writing is on the wall. With the cooling measures in place, and the ramping up of supply, property sales are going down. So is my hope for my $1m HDB flat. The developers are worried. Some are calling Boon Wan to free up all the cooling measures to allow property prices to go up again.
The frenzy of the last few years, the high profits of the developers and speculators may now see some earning lesser than before. This is no good.
We must not violate the principles and virtues of running businesses for profits. The cooling measures are bad in preventing smart people from making a rip off from the property market. The developers will be discouraged to bid higher prices for land and may not want to develop more properties. Our GDP will suffer. Foreigners with their container loads of cash will not be pouring their money here and all of us will be poorer.
I support the developer’s call for the removing of all the artificial measures to curb property prices. The market forces must be allowed to dictate the prices of properties. And knowing how limited our land is, property prices can only go up in a free market system. The speculators and investors know the number game. All Singaporeans will be enormously rich if the land is free for sale.
Before the property market is let loose again, I have one caveat. The profits from the sale of all properties must be equally share by the Singaporeans. And a census be taken immediately and the profits will only go to Singaporeans who have been Singaporeans for at least 10 years. New Singaporeans shall not reap the profit of this selling Singapore exercise.
When this is done, there is no more need to curb property prices or any prices. Let the market do the talking. And no need to restrain influx of foreigners. The more they come the better it is as they will contribute to the higher demand. My HDB flat may not be $1m. It could be $2m or more.
When all the land has been sold, a tally should be conducted and all the profits share by the Singaporeans. And they can have the choice of staying here or migrating to bigger countries where land is aplenty. Singaporeans will have choices from the profits of a free economy and the freest country in the world. Everything is market price. Everyone has choices, to stay or to go, after collecting their windfall.
No need for any emotional attachment to this island. It can go to the highest bidder, as long as the money is spread to all Singaporeans. We can grow the population to 20m or 30m. It could be the most sophisticated and most modern city state. No need to restrict car ownership too. Just pay when one drives at a rate determined by the market and congestion on the road.
Singapore will be a truly vibrant, prosperous and international city of the world.
The frenzy of the last few years, the high profits of the developers and speculators may now see some earning lesser than before. This is no good.
We must not violate the principles and virtues of running businesses for profits. The cooling measures are bad in preventing smart people from making a rip off from the property market. The developers will be discouraged to bid higher prices for land and may not want to develop more properties. Our GDP will suffer. Foreigners with their container loads of cash will not be pouring their money here and all of us will be poorer.
I support the developer’s call for the removing of all the artificial measures to curb property prices. The market forces must be allowed to dictate the prices of properties. And knowing how limited our land is, property prices can only go up in a free market system. The speculators and investors know the number game. All Singaporeans will be enormously rich if the land is free for sale.
Before the property market is let loose again, I have one caveat. The profits from the sale of all properties must be equally share by the Singaporeans. And a census be taken immediately and the profits will only go to Singaporeans who have been Singaporeans for at least 10 years. New Singaporeans shall not reap the profit of this selling Singapore exercise.
When this is done, there is no more need to curb property prices or any prices. Let the market do the talking. And no need to restrain influx of foreigners. The more they come the better it is as they will contribute to the higher demand. My HDB flat may not be $1m. It could be $2m or more.
When all the land has been sold, a tally should be conducted and all the profits share by the Singaporeans. And they can have the choice of staying here or migrating to bigger countries where land is aplenty. Singaporeans will have choices from the profits of a free economy and the freest country in the world. Everything is market price. Everyone has choices, to stay or to go, after collecting their windfall.
No need for any emotional attachment to this island. It can go to the highest bidder, as long as the money is spread to all Singaporeans. We can grow the population to 20m or 30m. It could be the most sophisticated and most modern city state. No need to restrict car ownership too. Just pay when one drives at a rate determined by the market and congestion on the road.
Singapore will be a truly vibrant, prosperous and international city of the world.
9/13/2011
The People’s Association in 2016
Hypothetically, Year 2016 sees a new political party forming the govt. This can be any party other than the PAP. What would be the role of the PA? Would the PA turn around and appoint all the grassroots advisors from the new ruling party? Would it start to ban PAP MPs or PAP defeated MPs from becoming advisors to its grassroots organization like CCC, CCMC and RC and its organized activities?
Does it have any choice given the recent public statement of its role in supporting the ruling political party? One thing for sure, many of its staff will be axed and new leadership will be brought in to ensure that the PA does what it is designed to do, to support the ruling political party that is now the govt, and to remain apolitical.
How about Chee Soon Juan being appointed as CEO of PA? That will be exciting material.
Does it have any choice given the recent public statement of its role in supporting the ruling political party? One thing for sure, many of its staff will be axed and new leadership will be brought in to ensure that the PA does what it is designed to do, to support the ruling political party that is now the govt, and to remain apolitical.
How about Chee Soon Juan being appointed as CEO of PA? That will be exciting material.
So much dignity at stake
The Ministerial Salary Review Committee is still hustling together to hammer out a fair salary for the ministers and the President. It must be fair to incumbents and fair in the eyes of the people. What the Committee must not forget is that their recommendations would affect the dignity of our ministers and President when they get to meet their foreign counterparts. And the last thing they want to do is to diminish their dignity.
There is also another important consideration that they must not take it lightly. Our ministerial salary is a world record that is unbeatable by any country. Please make sure that this record is not broken or compromise.
One way to go about it is to declare everything up front, be it $5m or $10m. The recommendation must not be something like $1m plus one or more variable components that cannot be disclosed and protected under the Official Secrecy Act. This will rob us of the world record and also undermine the dignity of our ministers and President.
I hope the Committee knows what is good for Singapore, the ministers and the President and also the people. They must protect the dignity of the ministers and President at all costs, and also our world record of the at least 30 top paying politicians in the world.
There is also another important consideration that they must not take it lightly. Our ministerial salary is a world record that is unbeatable by any country. Please make sure that this record is not broken or compromise.
One way to go about it is to declare everything up front, be it $5m or $10m. The recommendation must not be something like $1m plus one or more variable components that cannot be disclosed and protected under the Official Secrecy Act. This will rob us of the world record and also undermine the dignity of our ministers and President.
I hope the Committee knows what is good for Singapore, the ministers and the President and also the people. They must protect the dignity of the ministers and President at all costs, and also our world record of the at least 30 top paying politicians in the world.
Subscribe to:
Posts (Atom)