As a country we are doing very well, and extremely well in many areas. We have become rich and life has become very comfortable to many. There is no doubt that we are the envy of the world in being what we are today. And it is quite appropriate to call this the paradise on earth to many of the wealthy residents.
While the rich and able are happily living their lives, the lower income earners are getting to feel the pinch. And this pinch is going to get worst everyday. No one can deny that many goods and services are going to be out of reach to the average citizens.
There are several major causes that are leading to a frightening future and if nothing is done to restrain these forces and reverse the trend, the eventuality is not going to look pretty.
The high property price of residential and commercial properties is a very dangerous game to play. For those who have acquired the properties, they are just in for a good ride and everything is looking better everyday. Many are selling their properties bought for a few hundred thousands and selling for a few millions. They are so happy to live with their new wealth till kingdom comes.
The problem will be those coming after them. Residential property is going to be the biggest debt for the future generations to bear. They would have bought these properties costing hundreds of thousands or a few millions. Their only hope is that the value multiplies like their predecessors and at the end of the day they could sell off for an easy retirement. Could this be repeated?
The high prices of commercial properties too have a compound effect on the cost of living. Everything, goods and services, will cost more and more to cover the rental or property cost.
The real problem is that there is no winding back. Falling property prices will hurt a lot of property owners. This time around, with the debt becoming so much bigger, it is inconceivable how serious would the problems be if there is a crash. And the govt cannot afford this to happen and will have to keep boosting or supporting the high prices. There is no other way out. Price going down is not an option of the planners.
It is unlikely that the lower income groups can catch up with the high cost of housing and services, in particular the very deadly medical bills. A gap is going to open up very soon, when more and more of the lower income will be gasping for air. Their meagre income and the mini increment rate can never keep up with the rapid rise in cost of living. Once this gap opens up, social disorder is going to be a major issue.
The other major concern is foreigners and foreign workers. There is no way to get rid of them in the short term. And as they grow and melted into the whole social fabric and economic system, they will be embedded as a part of our society and tearing it out is out of question. It becomes an inter dependable arrangement, that the system needs them or will face another big empty hole. This is another policy of no return.
The competition by foreigners, and many would have been given the pink IC, will be felt adversely by the original Singaporeans. How this game will be played out in the longer term is still hazy. Couple with the marginalisation of the lower income groups, which will keep swelling, it is looking like a recipe for more unbearable consequences. A recipe of no return.
2/11/2012
2/10/2012
Want an angmoh face?
Many of our local organizations just did not have the confidence of Sinkies and hoping that an angmoh would be a safer bet. Never did they know that the angmoh could be another con job. How many more organizations would like be cheated by angmohs? Or how many organizations are still having angmohs to front for them and have yet to find out the truth of the angmoh credentials?
We are a developed world, with our local talents trained by angmohs and getting extremely good grades. And you can find them everywhere. Why is it that it is so difficult to find a good Sinkie to do the job and repeatedly spending money for angmoh headhunters to hire more angmoh freaks?
I got a better idea. Instead of bringing in all the third world super talents to improve our gene pool, we might as well offer citizenships to angmohs from Europe and the US. Of course be prepared to take the 3rd and 4th grades or even 7th grade angmoh as the really worthy ones may not be easily available unless we offer them ministerial posts.
At least the gene pool can be much better and future Sinkies can have blond hair and blue eyes and six feet tall. A much better option I think.
The joke is always on the low esteem Sinkies.
We are a developed world, with our local talents trained by angmohs and getting extremely good grades. And you can find them everywhere. Why is it that it is so difficult to find a good Sinkie to do the job and repeatedly spending money for angmoh headhunters to hire more angmoh freaks?
I got a better idea. Instead of bringing in all the third world super talents to improve our gene pool, we might as well offer citizenships to angmohs from Europe and the US. Of course be prepared to take the 3rd and 4th grades or even 7th grade angmoh as the really worthy ones may not be easily available unless we offer them ministerial posts.
At least the gene pool can be much better and future Sinkies can have blond hair and blue eyes and six feet tall. A much better option I think.
The joke is always on the low esteem Sinkies.
Shanmugam told US off
At the sold out Singapore Conference in Washington, Shanmugam pointedly told the Americans to shut up and stop trying to sow discord in Asia. He warned the Americans that the thought and talk of containing China is pure hogwash and would not be accepted by Asian and Asean in particular. It would not work. Asians are no longer unthinking colonized people that can be made to dance with the Western powers pulling all the strings. Asians will determine what is best for them and how to conduct their international relations with other countries. Asians know what is best in their own interest.
The Americans were advised to build more trade relations with Asian countries instead of military alliances and inciting differences and wars. The Americans must be shocked to get a bollocking from their little staunch supporter whom they probably believed will dance to whatever tune they played. And I think, I am not Shanmugam, Shanmugam’s message is more a consensus position of the Asean states with one or two exceptions.
The Americans must take note that their rhetoric to provoke cross border animosity is noted and that the Asean states will not be easily deceived and to allow conflicts to flare up in the region.
Please buzz off if that is the American intention. We don’t need conflicts, we don’t need wars.
The Americans were advised to build more trade relations with Asian countries instead of military alliances and inciting differences and wars. The Americans must be shocked to get a bollocking from their little staunch supporter whom they probably believed will dance to whatever tune they played. And I think, I am not Shanmugam, Shanmugam’s message is more a consensus position of the Asean states with one or two exceptions.
The Americans must take note that their rhetoric to provoke cross border animosity is noted and that the Asean states will not be easily deceived and to allow conflicts to flare up in the region.
Please buzz off if that is the American intention. We don’t need conflicts, we don’t need wars.
The sad Arabian Tales
The Arabian countries are burning and Arabs are dying everyday, killed by foreign forces and instigated to kill each other by foreign forces. To whose interest or benefit it is to keep the Arabs in a constant state of turmoil an upheaval? And who is inciting the Arabs and fanning the fire of hatred in the Arab land?
Asia and Asians must learn from these pitiful and hopeless people if they want to remain in peace and give their people a better life without being embroiled in senseless warfare and killings. The people, be there Arabs, Africans or Asians, would not want to be dragged into wars that would keep them busy fighting each other, and become dependent on foreign charity and domination.
Many of these countries are led into wars because of a few selfish and idiotic leaders who only think of their own interest and positions. The people who are going to die are the average citizens. The people who are going to benefit from the bloodshed and destruction will be the leaders and their foreign accomplices.
There are a few silly leaders in the Asian continent and the South East Asian island countries. Some of them are very keen to drag their countries into wars thinking that it will be just another game of deceit and accumulation of wealth and power. The Asian people must be guarded against such foolish leaders and keep their countries free from wars and fighting other people’s wars.
The Asians must keep Asia in peace for their own good. The Arabs are in this pathetic state because they were weaked, selfish, divided and fixed up by western powers to kill each other, and the provocateurs profited from their foolishness and the destruction of their countries and people.
Asia must stay in peace. The Latin Americans are doing this very well and is a good lesson to learn from.
Asia and Asians must learn from these pitiful and hopeless people if they want to remain in peace and give their people a better life without being embroiled in senseless warfare and killings. The people, be there Arabs, Africans or Asians, would not want to be dragged into wars that would keep them busy fighting each other, and become dependent on foreign charity and domination.
Many of these countries are led into wars because of a few selfish and idiotic leaders who only think of their own interest and positions. The people who are going to die are the average citizens. The people who are going to benefit from the bloodshed and destruction will be the leaders and their foreign accomplices.
There are a few silly leaders in the Asian continent and the South East Asian island countries. Some of them are very keen to drag their countries into wars thinking that it will be just another game of deceit and accumulation of wealth and power. The Asian people must be guarded against such foolish leaders and keep their countries free from wars and fighting other people’s wars.
The Asians must keep Asia in peace for their own good. The Arabs are in this pathetic state because they were weaked, selfish, divided and fixed up by western powers to kill each other, and the provocateurs profited from their foolishness and the destruction of their countries and people.
Asia must stay in peace. The Latin Americans are doing this very well and is a good lesson to learn from.
Lui Tuck Yew, SMRT, hold your horses
SMRT announced that it is going to spend another $90m or more on a new signaling system so that trains can arrive 20 sec or 30 sec earlier. Before even questioning whether this is money well spent, let me just recount my experience with the train services these few weeks after the resignation of the CEO.
I used to take the early trains and my timing has not changed. The strange thing that is happening now is that the interval of trains arriving in the early hours on the East West and North South lines has improved. But this is not all. The trains are less crowded than before and there is ample breathing space between the commuters. No longer would the commuters be forced to breath in the BOs and stench of unwashed commuters beside them.
This is a great improvement and no need to waste millions on another signaling system if it can be achieved at all hours. Funny how things could improve so drastically within a few weeks of the CEO’s departure.
The after office hour rush and jam have also improved dramatically. But this stretch is still not tolerable as the trains are still quite packed. A little more tweaking with a couple more trains could do the trick. I think it is all about more thorough management or a different management philosophy from one that is profit priority to one that is commuter centric.
I would suggest the SMRT keeps monitoring and review the train flow and tweak wherever necessary to improve the service and hold back on the huge expenditure that may not be necessary. And that expenditure need not be passed down to the commuters with higher fares again.
I hope SMRT, LTA and Lui Tuck Yew are listening.
I used to take the early trains and my timing has not changed. The strange thing that is happening now is that the interval of trains arriving in the early hours on the East West and North South lines has improved. But this is not all. The trains are less crowded than before and there is ample breathing space between the commuters. No longer would the commuters be forced to breath in the BOs and stench of unwashed commuters beside them.
This is a great improvement and no need to waste millions on another signaling system if it can be achieved at all hours. Funny how things could improve so drastically within a few weeks of the CEO’s departure.
The after office hour rush and jam have also improved dramatically. But this stretch is still not tolerable as the trains are still quite packed. A little more tweaking with a couple more trains could do the trick. I think it is all about more thorough management or a different management philosophy from one that is profit priority to one that is commuter centric.
I would suggest the SMRT keeps monitoring and review the train flow and tweak wherever necessary to improve the service and hold back on the huge expenditure that may not be necessary. And that expenditure need not be passed down to the commuters with higher fares again.
I hope SMRT, LTA and Lui Tuck Yew are listening.
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