2/13/2012

Act I Scene 2 – More sleaze in Sin City

The Sin City is getting more oomph than is welcomed. The latest news that hit the island is that about 80 people were rounded up by the police for internet prostitution. And among them a principal from a top primary school and several senior civil servants. Not sure if they were patrons, customers or operators.

This episode is more than just personal indiscretion between consenting adults. It is something that infringes on the law of the country. Prostitution is illegal though tolerated to some extent as a necessary evil with so many single foreigners working in the country. In this case the parties are Singaporeans in respectable professions and the education of the young. The latter makes it that more sensational. Of all the professions a school principal of a primary sent discomforting signals to the parents of little children.

Would there be Scene 3 and Scene 4?

2/12/2012

Employ Singaporeans first

I was at the Speaker’s Corner last evening to listen to Gilbert Goh and his friends from Transitioning.org talking about employing Singaporeans first. He had lined up several speakers to talk about the plight of the jobless and under employed Singaporeans with several graduates sharing their stories with him.

One lost his $7000 job to an EP holder and is now a taxi driver. And other graduate also lost his job and is also a taxi driver. And a Malaysian shared with Gilbert that she is now employed by a foreign bank and her pay is $10k. She has a masters degree. Good for her.

In some of Gilbert’s article in Transitioning.org, he reported about companies where foreigners seemed to be in the majority, with some turned Singaporeans recently. We have also read reports of top jobs in sports and recreation clubs going to foreigners.

There seems to be an unplanned and uncoordinated conspiracy for foreign and local organisations to employ foreigners and leaving Singaporeans to be taxi drivers even if they are graduates of our world class universities. Of course there is a bit of an exaggeration here. Many Singaporeans are employed and many are still unemployed or underemployed. And that is the main reason why Gilbert went to the Speaker’s Corner to make a plea to the govt to do something to ensure that Singaporeans are employed first.

I find the preference by foreign and local organisations to employ foreigners rather than Singaporeans quite intriqueing. What is wrong with Singaporeans graduating from our world class universities? I am very sure that many of the foreigners are graduates of much less reputable universities, and they are not exactly paid lower than Singaporeans.
What is the catch? What is wrong with Singaporeans or why are Singaporeans having relatively more problems getting employed than foreigners? Work attitude, lack drive? Looking at the above two graduates who are prepared to drive taxis, you cannot say they have bad attitudes or lack drives. They are willing to do anything to put rice on the table. And we have the oldies working their guts out, long hours and little pay, in jobs that no Singaporeans would want to do. They can’t be lacking in drive?

Is there something that the govt can do as the caretaker of Singaporeans who were voted into power by Singaporeans to take care of Singaporeans first?

Silvaraju, my friend

On my way to the Raffles Place Station I saw Raju ahead of me. I called out to him and we had a little chat on the stock market before we parted. He was going to The Arcade and I continued to the station. That was Friday, just after office. He was in his cool and quiet manner and asking if the market was kind to me. He missed the rally by getting out too early with small profits.

I saw Raju again this morning in the Sunday Times Obituary page. He passed away peacefully yesterday at the age of 56.

We played golf together. We took turn to drive when we played. His game was improving greatly and his drive with his 3 woods was further than my driver. He was fit as a fiddle, and with no sickness. He is up there now.

Goodbye my friend, my golf kaki. And thanks again for the Chinese New Year greetings.

2/11/2012

The road of no return

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.

2/10/2012

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.