6/14/2012

Singapore encourages more babies

Singapore wants its citizens to produce more babies. The govt will help definitely, in many ways. It discourages sex other than with the spouses. It discourages sex in the outdoors. The children may grow up a bit wild. It discourages sex overseas, especially in Paris, in case the child grows up with expensive taste or wants to be quitters. It definitely frowns on oral sex and makes it a crime. Hopefully this will promote productive sex with babies.

And public flats are very affordable, really. The minister spoke and swore about it many times, and reported in the main media. A Sinkie only needs to earn $1000 pm to buy a 2 rm public housing flat. Where to find such good deals?

And the govt is concerned about the flats becoming too small. One spokesperson even called it inhuman to have flats smaller than 350 sq ft. So 350 sq ft would be it, just about right for raising children. To make this more convincing, there was a documentary on how ingenious a Hongkonger fitted up his 350 sq ft flat for 7 with the most modern gadgetry. Quality living at its best. You must believe!

Many of the spokepersons have already started a talk to the Sinkies campaign on how liveable is a 350 sq ft flat for a small family of 4. And many Sinkies are out defending the merits of such big and comfortable flats. Some spokespersons also went on record that the quality of life would not be affected.

With such authoritative people championing the cause of smaller flats, the Sinkies must be really convinced. They should be, as they are known to be easily convinced. They drink shit water too, when told to. No sweat. Sinkies can go home to multiply happily and help to grow the economy and themselves as well. More head counts mean economically richer, more contributions to the economy.

Don’t worry, 350 sq ft is great living for a small family. Other countries were worst off with smaller space.

Good riddance Manchester United

It must be the happiest news today to know that Manchester United is listing its IPO in the US instead of SGX or HK Exchange. The investors here were saved for once from ploughing their hard earned money into another precarious stock. Let the Americans celebrate this great listing.

The local investors would have to thank SGX or Magnus Bocker for this failed listing here. He has saved the local investors big time this round. His service has been extended for another term and let’s hope he will do more to save the stock market. The scrapping of the lunch break and the carrot of increasing trading volumes and commission has failed quite miserably. Maybe extending the trading hours may improve volumes and commission.

At the way the market is moving, and the pathetic volume and commissions generated, many broking houses will be looking at the retrenchment card soon. Let’s hope Bocker can do something to save the stock market or it will go pissed, like a flat tyre, during his watch. And there will be many red faces with no where to hide. Bocker is going to be the savior of the stock market and the industry, or else many will be retrenched soon.

Europe offers good opportunities for gamblers

The situation in Europe offers great opportunities to throw in big money to bet big time. It is a once in 50 years opportunity, just like the American financial crisis that became an international financial crisis, and too big to fail banks kept falling one by one.

If I have a lot of money, I too would be very eager to pour some into the big hole and hopefully it will reward with several times the value of the chips. I dare say that with a clear conscience because I will be gambling with my own money and losing my own money. I too will encourage anyone with money to lose to try their luck.

But I would strongly advise against such an act if people are taking charge of national reserves that cannot afford to lose. Banks who are custodians to depositors’ money should also tread very carefully and don’t think it is time to gamble with the money held in trust.

Fund managers are no different but they will take the jump. This is a once in a life time opportunity to strike big time and to lose big time. Losing big time is ok as it is other people’s money that they are gambling with. Go fund managers, go, invest everything you got. If win big, one time bonus will be enough to retire for life. If lose, the worst is to lose the job. But that is also secured by a severance package that will be big enough to retire happily. Nothing to lose really, head, fund managers win, tail, fund managers also win. Only the owners of the money risk to lose their life savings. If I am a fund manager, I will be damn garang in times like this.

How to be a millionaire in Sin?

Think Bill Gates, Steve Jobs or Mark Zuckerberg. No, they are billionaires, wrong role models. In Sin, there are several easy ways to be millionaires, and don’t take the entrepreneur route. That is too difficult and treacherous and many will fail along the way.

One sure and easy way is to buy a public flat and sit on it. No need to work. Just wait, 10 years, 20 years or 30 years. The price will surely go up. It will definitely go above $1m in time. And there is a luxury of 99 years to wait for it to happen.

The other sure way to becoming a millionaire is to be an employee, a civil servant. Many in the Administrative Service are millionaires many times over. And it is sure and fast. Once one reaches a certain level, in the super scale, one could be a millionaire every year on. That is how easy to be a millionaire as a civil servant.

The other route is to be a politician. This one is even more rewarding. Many of the politicians, even MPs, are multi millionaires in their own right. And if one is senior enough, one could retire and continue to receive millionaire income every year, maybe faster than that without having to work.

Why would anyone want to be an entrepreneur when the success rate is so low? Be an employee, a public employee. Or just buy a public housing flat, and it is a matter of time to become a millionaire. One qualification with regards to this type of millionaires. Many are taking public transport to work not by choice but because they could not afford to buy a car. And many are waiting for govt handouts to make ends need. But is it still a very good feeling to know that one is worth a million in asset terms.

Can anyone understand why the queue to be citizens is getting longer?

6/13/2012

Elected MP versus rejected MP



Elected MP of Hougang, Png Eng Huat, will have to seek the support and approval from rejected MP, Desmond Choo, for the housing or upgrading programmes for Hougang residents. The former is elected by the ultimate authority of the country, the people, the real owner of the land. The latter is appointed by a political party that happens to be the Govt of the day.

The title of Desmond Choo is grassroot adviser. Is it a part of the govt? Is Desmond Choo an employee of the govt, earning a salary? Why is a grassroot adviser vested with so much authority over a people’s elected representative? Is this the right or correct way of how democracy should be practised?

In a democracy, it is always of the people, by the people and for the people. The Elected MP is of the people, by the people and working for the people. The rejected MP cannot be of the people and by the people. He is an appointee of the govt in a capacity that is neither an employee nor the govt. I am not very familiar with this thing called grassroot adviser. Why must an elected MP, the people’s representative who earns a right to sit in Parliament, have to seek the approval of a grassroot adviser whose authority lies in where?

What is a grassroot leader? An official or unofficial community leader of the people, by the people or appointed by the govt?

This I really cannot understand.