No country in the world other than Israel would dare openly shout that it would attack another country on the pretext of protecting its national interest. Iran cannot have the nuclear bomb. Only Israel can and can have many. Israel’s security or insecurity is to ensure that no one is allowed to carry a big stick other than itself.
The other country that should also suffer the wrath of God is the USA. It shares the same doctrine and logic. In the name of its national security or insecurity, it goes around the world attacking other countries or messing around with other nation’s politics and security. My security is your insecurity, your oppression and submission. Only the US can have the biggest military outfit to attack other countries. No one else is allowed to. Any country wanting to build a strong defence force must explain to Washington, to Hilarious directly.
How many lives will be destroyed in an attack on Iran in the name of Israel’s security? What if every country adopts this doctrine and policy? Every other weaker country would be attacked and oppressed and prohibited from building its own defence capability. Is this the logic of a civilized country or the logic of gangsters? I read recently a quote that the Red Indians of old America were savages while the Europeans were civilized. History said the savages were savaged and terminated by a series of coordinated genocides by the civilized Europeans to enable the civilized savages to take over the land of people of a different civilization, definitely not savages.
The Red Indians were branded as savages, and their homes, communities and husbandry, their land, were robbed from them. They were a threat to the lives of the Europeans and must be destroyed. Today the Iranians and Arabs are regarded not much different from the Red Indians, as savages, untrustworthy, dangerous and a threat to the survival of the Israelis and Western dominance. They need to be oppressed and shackled for their own good. They must not be allowed to challenge, or be strong enough to pose a problem to the West and Israel.
God is might.
3/16/2012
Good strategic thinking
The decision to spend $1.1b to buy more buses is turning out to be a wise one. It is strategic and good foresight to be able to think one step ahead of problems. The regularity of train breakdowns is no longer a serious matter but a matter of inconvenience to live with. And the additional trains will come in real handy when breakdowns happened. Yesterday was a case in point and disrupted passengers were quite pleased.
Now there will be more buses and drivers to step in to transfer passengers quickly from MRT stations to their next destinations. Displaced passengers can count themselves lucky to have more buses to minimize the disruption and go on as normal. And the transfer from trains to buses is also free which will make the little inconvenience that much bearable.
Good decision. Good foresight and hindsight. Anticipating what can go wrong and preparing for the fallouts.
Now there will be more buses and drivers to step in to transfer passengers quickly from MRT stations to their next destinations. Displaced passengers can count themselves lucky to have more buses to minimize the disruption and go on as normal. And the transfer from trains to buses is also free which will make the little inconvenience that much bearable.
Good decision. Good foresight and hindsight. Anticipating what can go wrong and preparing for the fallouts.
Goldsach Sach, the rot starts here
I was reading the revelation of financial rape by Greg Smith repeated in several of our main media today. Well at least they concurred that it is important enough to report it more than once. The editors must have their conscience pricked. Greg Smith was a top player in Goldman Sach, New York. He was so disgusted by the rot in the company that he called it quits. And he found it his moral duty to reveal the unethical practices of the company.
Any clients of Goldman Sach reading what he wrote would shudder at the risk they put themselves into, at the hands of their most trusted fund managers. What Greg Smith was saying is that there were no morals, no ethics, except make money, and from the clients against the clients’ interests. The strong culture and integrity of Goldman Sach, a company he once idolatised, has been transformed into a greedy bunch of white collar ruthless manipulators to satisfy their own greed. The clients’ interest is last on their list. Better, exploiting the ignorant clients is their forte and main business.
Among the few things that Greg Smith mentioned, selling products that the company had ‘axed’ to unsuspecting clients. Getting clients to trade or churn to bring in the most profits to Goldman Sach at their expense. And trading illiquid and opaque products.
The whole culture of trust, serving the clients and making decisions to help clients to improve their positions, making money for the clients, are thrown into the rubbish chute. It is profit for Goldman Sach and its traders that is of prime concern. And getting the most out of clients is the main reason for existence than making clients rich. Clients are referred to as muppets, to rip their eyeballs out and getting paid by getting clients to trade regardless of risk.
Is it surprising? Or is there anything new? This culture of greed and irresponsibility, unethical misconduct, is the wine that flows through Wall Streets and all the financial centres around the world. Govts too are caught up by this craze and greedily swim along. The greed of govts is no lesser than the greed of Wall Street financial cheats. They are sleeping partners of crime against the innocent investors who put all trust to these crooks they thought could be trusted and will ensure that the right things are done in the right way.
They believe morality is still a virgin. The truth is that morality has long been turned into a prostitute, sold into prostitution by the greed of these power brokers, the people they trusted most.
Any clients of Goldman Sach reading what he wrote would shudder at the risk they put themselves into, at the hands of their most trusted fund managers. What Greg Smith was saying is that there were no morals, no ethics, except make money, and from the clients against the clients’ interests. The strong culture and integrity of Goldman Sach, a company he once idolatised, has been transformed into a greedy bunch of white collar ruthless manipulators to satisfy their own greed. The clients’ interest is last on their list. Better, exploiting the ignorant clients is their forte and main business.
Among the few things that Greg Smith mentioned, selling products that the company had ‘axed’ to unsuspecting clients. Getting clients to trade or churn to bring in the most profits to Goldman Sach at their expense. And trading illiquid and opaque products.
The whole culture of trust, serving the clients and making decisions to help clients to improve their positions, making money for the clients, are thrown into the rubbish chute. It is profit for Goldman Sach and its traders that is of prime concern. And getting the most out of clients is the main reason for existence than making clients rich. Clients are referred to as muppets, to rip their eyeballs out and getting paid by getting clients to trade regardless of risk.
Is it surprising? Or is there anything new? This culture of greed and irresponsibility, unethical misconduct, is the wine that flows through Wall Streets and all the financial centres around the world. Govts too are caught up by this craze and greedily swim along. The greed of govts is no lesser than the greed of Wall Street financial cheats. They are sleeping partners of crime against the innocent investors who put all trust to these crooks they thought could be trusted and will ensure that the right things are done in the right way.
They believe morality is still a virgin. The truth is that morality has long been turned into a prostitute, sold into prostitution by the greed of these power brokers, the people they trusted most.
3/15/2012
China hard landing
Confirmed, China had a hard landing. Clap, clap, clap. Finally, after so many years of doomsaying and praying, China had a hard landing. The analysts were right after all. China is going to collapse big time and go begging for help from the Western countries, the World Bank and the IMF. Zoeller would have his last laugh. See, we told you so.
Let’s look at the figures from Market Watch, WSJ, for October 2011. The latest figures could be more frightening but have not seen them yet. The trade surplus for August, September and October grew by US$17b, US$14.5b and US$17.76b respectively. The ‘slump’ in September was due poor demand in Europe. And the numbers really fell below the expectations of Newswires and Reuters, forecasting a growth of US$25.8b and US$24.9b respectively. These are dangerous numbers and signs of weaknesses and can become more widespread.
More dangerous signs, ‘Exports were 15.9% higher than a year earlier, though missing the average 16.5% growth projection from a Reuters survey of economists, and below the 17.1% rise in September.’
And according to ‘Bank of America-Merrill Lynch, Chinese exports grew 20.6% on average each month throughout the third quarter, while imports averaged 24.8% growth.’
The growing imports and shrinking exports must be troubling China and its decision makers. I am just wondering, would the US or European countries be happy to achieve these numbers? I bet many of them would love to have such a hard landing and probably asking for more. And I am sure many of the EU countries would love to switch places with China and celebrate every time the growth numbers failed to meet the forecasts of Newswires and Reuters but still registering a 20% average monthly growth. Even an average of 10% monthly growth would be like striking the biggest jackpot win.
I really love all these enlightening and frightening reports about China. And I don’t see why China should be crying with all these conjectured hard landings. Many would be so envious of these hard landings and would still crawl to China to ask for handouts. And they better pray that the hard landings would still allow China to be generous as there is no more Santa Claus out there except China or maybe Singapore.
Let’s look at the figures from Market Watch, WSJ, for October 2011. The latest figures could be more frightening but have not seen them yet. The trade surplus for August, September and October grew by US$17b, US$14.5b and US$17.76b respectively. The ‘slump’ in September was due poor demand in Europe. And the numbers really fell below the expectations of Newswires and Reuters, forecasting a growth of US$25.8b and US$24.9b respectively. These are dangerous numbers and signs of weaknesses and can become more widespread.
More dangerous signs, ‘Exports were 15.9% higher than a year earlier, though missing the average 16.5% growth projection from a Reuters survey of economists, and below the 17.1% rise in September.’
And according to ‘Bank of America-Merrill Lynch, Chinese exports grew 20.6% on average each month throughout the third quarter, while imports averaged 24.8% growth.’
The growing imports and shrinking exports must be troubling China and its decision makers. I am just wondering, would the US or European countries be happy to achieve these numbers? I bet many of them would love to have such a hard landing and probably asking for more. And I am sure many of the EU countries would love to switch places with China and celebrate every time the growth numbers failed to meet the forecasts of Newswires and Reuters but still registering a 20% average monthly growth. Even an average of 10% monthly growth would be like striking the biggest jackpot win.
I really love all these enlightening and frightening reports about China. And I don’t see why China should be crying with all these conjectured hard landings. Many would be so envious of these hard landings and would still crawl to China to ask for handouts. And they better pray that the hard landings would still allow China to be generous as there is no more Santa Claus out there except China or maybe Singapore.
Am I amused?
I was reading some of the comments in TRE on Shanmugam’s fame statement of not wanting to burden our young with more taxes. One trend of thought shone through the deluge of angry voices. The PAP has lost touch with the ground, did not know what is happening, did not do its homework. Now, now, now, can’t make such sweeping statements about the crème ala crème of our super talents. They would not be where they are and earning millions, if they did not know what is happening or did not do their homework.
I hate to disappoint the losers. They are in control and know exactly what is happening and what they are doing. Period. Do not under estimate the super talents. They are brighter and smarter than the losers for sure. The main difference is that both are existing on the same piece of rock but living on different planes of existence. One is apple and one is buah long long. One lives a lifestyle whereby $50k a month is too pressurizing. The other must be grateful to be able to buy a 2rm HDB flat with $1000 pm income. You cannot compare the two as both are deserving of what they have. Don’t be unreasonable. The rich poor gap is only natural and would get wider as we progress. The rich must get richer and the poor must get poorer. There is nothing that can be done about it. It is the law of nature. Darwinism!
The losers must accept their fate that they are simply not good enough. Why then must the govt bring in more foreign talents? Isn’t that clear enough that the losers are unable to make the best of their lives in such a conducive money making environment and should only have themselves to blame. Look, look, all the foreign talents are so happy here, making so much money and not complaining. If there is anything wrong, it must be the local losers.
Want another spur on your hike? The whole world is being invited to be here to get rich. How could the locals be complaining that they could not make it? This is the freest economy for the meritocratic, regardless of nationalities. The third most competitive country in the world ot do business. I mean do business, not selling bak chang or nasi lemak. If you are good, you deserve to be rich. If you are no good, don’t kpkb. The govt does not believe in a welfare state, not even with your CPF money for your own charity.
And don’t complain that the govt is not doing anything for the people. $1.1b to subsidise public transport. What more do you want? More parks will be built for the people to enjoy. Fresh air and landscaped environment. No good meh? There will be more upgradings and SERS to give more money to the people. Cannot complain lah. The govt is doing everything it can for the good of the people. And the hundreds of billions in national reserves are for the people. Don’t you feel rich? See, all the western countries are in debt and going bankrupt. We got hundreds of billions to buy up fire sale companies for a song. Soon they will be turned around to double the money invested.
The future of our country is in good hands. They know what they are doing. The losers don’t. The writing is on the wall but the losers failed to see. Every policy is carefully fine tuned, targetted for the desired results, by the best talents money can buy.
I hate to disappoint the losers. They are in control and know exactly what is happening and what they are doing. Period. Do not under estimate the super talents. They are brighter and smarter than the losers for sure. The main difference is that both are existing on the same piece of rock but living on different planes of existence. One is apple and one is buah long long. One lives a lifestyle whereby $50k a month is too pressurizing. The other must be grateful to be able to buy a 2rm HDB flat with $1000 pm income. You cannot compare the two as both are deserving of what they have. Don’t be unreasonable. The rich poor gap is only natural and would get wider as we progress. The rich must get richer and the poor must get poorer. There is nothing that can be done about it. It is the law of nature. Darwinism!
The losers must accept their fate that they are simply not good enough. Why then must the govt bring in more foreign talents? Isn’t that clear enough that the losers are unable to make the best of their lives in such a conducive money making environment and should only have themselves to blame. Look, look, all the foreign talents are so happy here, making so much money and not complaining. If there is anything wrong, it must be the local losers.
Want another spur on your hike? The whole world is being invited to be here to get rich. How could the locals be complaining that they could not make it? This is the freest economy for the meritocratic, regardless of nationalities. The third most competitive country in the world ot do business. I mean do business, not selling bak chang or nasi lemak. If you are good, you deserve to be rich. If you are no good, don’t kpkb. The govt does not believe in a welfare state, not even with your CPF money for your own charity.
And don’t complain that the govt is not doing anything for the people. $1.1b to subsidise public transport. What more do you want? More parks will be built for the people to enjoy. Fresh air and landscaped environment. No good meh? There will be more upgradings and SERS to give more money to the people. Cannot complain lah. The govt is doing everything it can for the good of the people. And the hundreds of billions in national reserves are for the people. Don’t you feel rich? See, all the western countries are in debt and going bankrupt. We got hundreds of billions to buy up fire sale companies for a song. Soon they will be turned around to double the money invested.
The future of our country is in good hands. They know what they are doing. The losers don’t. The writing is on the wall but the losers failed to see. Every policy is carefully fine tuned, targetted for the desired results, by the best talents money can buy.
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