Xenophobic/sinophobic foreign talents

Why are people blaming Sinkies for being xenophobic? Sinkies are the most timid and useless bunch of people around. Small built, specky, inarticulate, dumb and always willing to oblige as foreigner’s punching bag. I just read a taxi driver being beaten unconscious by a Korean passenger he was picking up. What happened to all the macho taxi drivers that think they own the roads, their grandfathers’ roads? This taxi driver was punched unconscious without even knowing how to hit back.

Then those angmohs that attacked another taxi driver in Suntec, and another in Orchard Road. But the most infamous foreigner must be the one at Clementi coffeeshop that beat up a Singaporean couple, including their son, and chased them all the way to the car park for wanting a second helping of chilli sauce.

How many times did anyone hear of Sinkies beating up foreigners? And don’t forget the nepalise gurkhas beating up Sinkies after ogling at the Sinkie’s girlfriend. Then the angmoh cyclist who beat up a Sinkie motorist.

And the slashing of Sinkies in the Kallang area when a bright young student nearly got all his fingers chopped off.

Aren’t these foreigners xenophobic or a better word, sinophobic? The best joke I heard was this Sinkie man got scolded by two nubile PRC women in a train and went gaga. The women chided him as untalented as the reason why they were invited here by the govt to improve the Sinkie genes. And all the useless Sinkies in the train were equally useless as they stood by watching helplessly at the helpless and useless Sinkie man.

What on earth could Sinkies be xenophobic when foreigners feel so comfortable bashing them around and insulting them everywhere? This is the only country in the world that the citizens were proudly presented to foreigners as no talent, and that foreigners came here believing that they are here to help them. And the Sinkies better be grateful and be good or they will deserve a bashing. And of course the bokok Sinkie would be told to take legal action against the talented foreigner who would probably scoot before anything happens. And those who did not scoot, nothing much would happen to them unless the Sinkie got money to bring them to court. Civil matters lah.

Luckily they have scrapped the rugged society campaign. Too much computer games, fighting enemies with the fingers, by pressing buttons. There are many four eye warriors in the computer games arcade shops. Thank God that in modern warfare everything is just push button. If it is street fighting and close combat, our specky boys would kenna jialat jialat. Still garang, want to be xenophobic?

So easy to con the Sinkies

It is so easy to con the Sinkies by the boiling frog technique. Sinkies are very adaptable to pain and soon forget how and where it started, and a little relief will be all they are asking. A good example is like a forum writer to the ST calling for a lower increase in the Minimum Sum to factor in real and relevant inflations and not all inflations. The writer forgot that the Minimum Sum was not supposed to be there in the first place. He also forgot that no one, not even the govt should be allowed to write away their money into Minimum Sum. Now the writer will be feeling so grateful if the amount to be drafted into the Minimum is a bit lesser. Does he know that it is his money in the first place, that he should be the one to decide whether to put money into the minimum sum and how much?

Similar kinds of thinking are applicable in many areas. The huge increase in foreigners, in the millions has been forgotten. Sinkies are happy if the increase is a little lesser.

The COE, which is a flawed and biased system, now between $60k to $80k. Any little fall in the COE price the Sinkies will be celebrating. Likewise public housing price, from tens of thousands to hundreds of thousands and now a small decrease in price and Sinkies will be shouting cheap cheap, buy buy. In the first place the price should not be so high by any count.

Another example is that some are so happy that the govt has started to ramp up the building of public flats. In the first place the building programme should not have been so drastically cut to force many Sinkies out of the public housing market, cannot buy because of the delays and the ceilings.

The small incremental technique is so effective in dulling the thinking of daft Sinkies. It is like shifting the goal posts every now and then, a few inches a time and Sinkies could not notice the difference over time. After the goal posts have been shifted by 10 feet, Sinkies will be begging for a one foot reduction and will be so grateful if it is done.

More migrants – The Sinkies are not convinced

With the barrage of ministerial speeches, reports, surveys and what have you, the people are obviously not convinced that the influx of population should continue unabated. There are just too many people on this piece of rock and enough is enough. As the voices of protest gets louder and angrier, what were the response from the govt?

A govt that pledged to listen to the people is expected to really listen, take stock of the people’s unhappiness and do the rightful or needful. The govt also can take the deaf frog attitude and do what it wants according to what it thinks is right, the ‘I know best and no need to talk more’ approach.

What we are seeing is a govt that is growing impatient when persuasion does not work. From trying to coax the Sinkies that more migrants are necessary for the growth of the country and good for the people, it has changed tack. It is now resorting to chastising the people, branding the people as xenophobic, unleashing unjustifiable and unfriendly tirades at the foreigners.

Really? The Sinkies are angry with the foreigners? Nay. They are not angry with the foreigners. That is rubbish. The Sinkies are tolerating the foreigners and knowing that it is not their fault for being here in such big numbers. They are angry with the govt and its policies for allowing so many foreigners here. It is the Sinkies against the govt, not against the foreigners. The foreigners only came under attacked when they misbehaved or broke the law of the country as individuals. There is no xenophobia here.

No one should try to pitch the fight as Sinkies against foreigners. This is just a diversionary tactics. The Sinkies are angry with the policy makers. They are not that daft to pick on the innocent foreigners.

India, where are you going?

India is the next emerging superpower, and deeply entrenched as the number one regional power in the Indian Ocean, unchallenged. It is so disheartening to hear the elation and rejoicing in New Delhi that India was the only country mentioned by the Empire as a crony in its return to the Asia Pacific region. India may now hope to be assigned a more important role by the Emperor.

In this celebration mood, India has even forgotten that the French is claiming to be a power in the Indian Ocean. India would now have to share the Indian Ocean with the French. The Brits would not be too far behind in the return to the East. Welcome Sahib, to the East India Company.

If India is aspiring to be a super power on its own steam, it should rightly stand as tall as the US and not acting as a side kick in the Empire’s scheme of things. And India must not forget that all the cronies of the Empire would have to bloody their hands if they want to remain as a faithful and loyalty poodle. And Afghanistan is waiting for grateful Indian troops to play its role as a willing partner to the killings of the Afghans, and who knows where else later.

Welcome to the dark side, the Emperor said. India should not regret the great opportunity offered. Be very grateful and honoured.

Chew Sutat – The importance of retail investors

Finally a sensible voice from the SGX spoke. A stock market without retail investors is like a bankrupt with no cash. The retail investors provide the life supporting liquidity in a stock market. Getting rid of retail investors is as good as saying goodbye to the big funds and to the stock market. Someone must feed the big funds with profits, and this can only come from the retail investors. For the last decade or so, the big funds are happily sucking away the invested funds of the retail investors to a point that it is critically dangerous, that there will be no retail investors left to keep the market alive.

The pathetic state of the local stock market when the volume generated were mainly from machines and the funds must be telling unless the people in the know choose to put on their blinkers. The pathetic value of many stocks in the main board is another indicator that the market is in the intensive care ward and could go kaput any time.

What is seriously wrong with the market is obvious. It needs to provide a level playing field for big and small investors. The retail investors cannot be victims to unfair practices like trading against machines and computers. These must be removed if the market is not going to die a premature death.

Derivatives or instruments that are pure gambling chips that destroy the value of stocks or against the true value of stocks are also detrimental to the viability of a stock exchange. When healthy companies could helplessly see their stocks being sold down indiscriminately because the funds bid them down through a complex web of derivatives with no regards to the sound fundamental of stocks, it is a very destructive process that must be stopped to save the stocks and markets. When good companies cannot grow the value of their stocks in the market, there is no reason for them to continue listing in the market. Similarly, retail investors cannot continue to plough their money into good stocks for long term investments only to be destroyed by derivative play.

The third point is the uncontrolled influx of unlimited number of stocks in a small market that could not swallow them. To make matters worst, many of the foreign stocks are fly by night stocks and investors have no real recourse to claim back their investments lost through foul play. The exchange has to act responsibility to protect investors and their money by not indiscriminately allowing questionable foreign stocks to be listed here.

Protecting the small retail investors is the key to a healthy and sustainable stock market. The small retail investors must not be left at the mercy of big funds and their destructive machines in an unlevel playing field. Looking at the long term, many serious flaws in the market system and mechanisms must be rectified or else the market is sure to head towards oblivion must quicker than we known. The truth cannot be hidden for too long. It is not only unhealthy, it is sick, very sick.

Would there be strong political will and a little wisdom to make the necessary changes to save the market?