8/11/2012

Quote from Seah Chiang Nee



'As the public opposition grew, the pro-government media argued strongly for the players, and acting Cabinet Minister (for Social and Family Development) Chan Chun Sing congratulated the table tennis team for “uniting the nation”.

Seah Chiang Nee wrote this in his column in The Star paper.

How rich and poor countries reward their Olympians



The Olympic Games is facing a parallel contest in how countries reward their winners in addition to the Olympic medals. Poorer countries were more conservative while the rich countries were more lavish.
Poor countries like Britain and New Zealand were quite stingy on the rewards. The cheap British probably did not have much money to spare and only offered to put the pictures of the winners in their postage stamps. Really cheapskate. It is quite pathetic really for Great Britain to save on the pennies. Some poorer countries did not even offer anything and the support and Olympic medals are considered good enough a recognition. 

New Zealand could not afford instant cash but a $60k grant for a year, maybe to study or whatever for a gold medal. Australia and the USA were not much better, offering A$20k and US$25k respectively.
China was a bit richer and paid their winners a healthier S$99,500. But it was outshone by richer countries like the Philippines, $146k and Russia and the other ‘tan’ countries with payouts of US$135k to US$250k.

The richer countries like Malaysia and Singapore were more generous and their purse strings were looser. Malaysia offered $410k for a gold but is a far distant second to the richest country in the world, Singapore. The latter offered its gold medalist a handsome $1m.

Athletes and sports people would definitely find it more rewarding to represent the richer countries than the poorer Europeans or Americans. Like they say, money talks wonders. How rich a country is cannot lie. Whether they can or cannot pay their winners is a sure sign of the monetary well beings of the countries. Singapore’s open door policy on immigration is going to get a boost. If the 4 Jamaican runners were to make a queue here, Singapore can be assured of a few golds and silvers in the Rio. It is time to send some feelers out.

8/10/2012

The mysterious utility bill hike



Many bloggers are complaining about the mysterious hike in their utility bills in the recent months, more accurately after they have a little cheap thrill of receiving $110 U Save out of the blue. The little happiness is quickly turning into a nightmare and demanding a quick explanation.

An example of the complaints is a comment by Poor Singaporean in TRE.

‘My utility bill averages around S$80-90+ a month. So far, our electricity, gas & water consumption have not varied much until July according to SP Powers.

I got a rude shock upon receiving the bill, our electricity consumption had doubled. I don’t understand how is this possible when our lifestyle still remains the same. Our electrical appliances are still new; we have just moved in to our BTO HDB flat a year ago only.

After deducting the U-SAVE Voucher of S$110, my bill amounts to S$95+. Which is around the usual range for our monthly utility bill. No savings in the end, so what’s the point of giving us the voucher?’

If what Poor Singaporean is experiencing is widespread, it must warrant an explanation from the govt and an investigation on this strange phenomenon. It could be an error that affects only a few Sinkies knowing that errors and glitches are now a common occurrence in many areas. Just hope that it is just a glitch and nothing more to it.

Was there a hike in the utilities charges that was not announced? If so, this is unbecoming and unacceptable. If there isn’t, and if the surge in the bills is true, what is happening?

CSI bloggers would be welcome to do a more thorough investigation on this matter as they are much more efficient and zealous in discovering the truth and the concerns of Sinkies. There are the only reliable and dependable investigative reporters available today. And this is a very serious issue that affects all the average Sinkies. Every Sinkie should take a close look at their utility bills to make sure that there is no error in the bills.

National Day Award




No one would want to recognize the contribution of the lunatic fringes to the progress made in nation building. No one would acknowledge their huge contributions to the state of political affairs and awareness by the people, young and old. No one would admit that because of the lunatic fringes, many policies have changed, and many things, including behavior of politicians, have changed. And no one would want to venture into the lunatic fringes to find out the feelings and views of the lunatic fringes or would want to hear them. They were the outcasts, the anti establishment, the dissidents, and worst, to some, could be seen as irresponsible insurgents lurking in the fringes, in anonymity, and needed to be put in their right places.

The contributions and results of the voices of the lunatic fringes cannot be denied. The best illustration is how they criticised that the National Day should not be seen as a PAP day and wearing all white is not inclusive. And this National Day, the PAP cabinet politicians had dropped their white priest robes and turned up in white and red, to be part of the people celebrating the National Day as one people, not one party ruling the people.

And many changes have been made and many on the way without acknowledging the causes of these changes. Without the lunatic fringes, all these changes would not have happened. Things will be as normal as before, the old normal. Everyone will be delirious.

My National Day Award goes to all the lunatics in the fringes who have contributed so much effort and time, for free, without talking about sacrifices, without being acknowledged nor appreciated, but daily hammering away at their keyboards to bring awareness to the people, to the failings in the system, about flawed policies, about the indiscretions that would have normally been swept away under the carpet or not reported. The lunatics deserved to be celebrated for their sacrifices to the Nation, with some risking career and ominous threats, and being seen as enemies, being attacked, to be watched carefully, to be taken to task when the opportunities offered. And they did what they did, for the good of the Nation, without asking for anything in return. They don’t even talk about sacrifices, and unceremoniously accepted the tag of being called lunatics.

The lunatics deserved a National Day Award from mysingaporenews. To all the lunatics, Happy National Day. Your National Day Award is priceless.

8/09/2012

The good life shifting further away




The latest COE bidding for small cars and big cars were $73.5k and $94.5k. In the mid 90s the number hit $100k but was no sweat as many could afford them. There was a super bull run and money was everywhere. Everyone was making a killing in the stock market and everyone was spending. No one was complaining that COE prices were too high. And they said, it is not how much but whether the buyers could afford it. It was like the Fed pumping money to encourage spending.

The price of COEs today is going to be very painful for those who want to own a car or who need to own a car. There is no bull market to make easy money. Someone has intentionally killed the market. The market is as good as dead, like Bidadari or  Bukit Brown. And some jokers were crowing how clever they were to bring down the cost of trading equities. Bloody fools. The few dollars of commission were the least of concerns to the retail traders when they were making handsome profits. It is when there are losing their pants that a few dollars became an issue. The cutting down of trading cost only benefited the big funds and their high speed computer trading when they muscle in to kill the small traders. They need the little advantage to generate huge volumes to disadvantage the small traders.

The liquidity in the market is gone. The average Sinkie is quite hard pressed to move around a hundred thousand for that car. Many are tied down by high mortgages to service. Ok, exclude the politicians, civil servants and children of the rich. And exclude the few exceptions that are doing well on their own. Let’s talk about the average Sinkie, the heartlanders.

What is so wrong to want to own a car or live in a better and bigger home? Now the spin doctors are saying the quality of life is better, in having no cars and living in shoe box apartments or 3 or 4 rm public flats. Is this progress? Who is kidding? Why are people now unable to own cars and have to live in smaller apartments?

What happens to the great inclusive growth in the economy? Why are the people (I qualify, people means heartlanders. I used to call them hardlanders) told to lower their expectations and live within their means? I know of families owning a few Ferraris and Lambos and some asses would say you work harder and you can have them too. They are having a good time. But why can’t the well educated average Sinkies be looking to live in better housing like their uneducated or lowly educated parents, and own a simple car like their poorer parents?

What is happening? Aren’t we progressing? Aren’t everything getting better, life gets better? And we have so much help from so many foreigners that our parents did not have the privilege to.

What have gone wrong? Nothing gone wrong? Everything is fine? The people are told to live better and to live well they must expect less. The people are told to buy smaller flats and go without their cars. The inability to own a car may seem a non issue, like the inability to buy a better home. When the reality sinks in, the people are going to rise and protest for being short changed.

When the govt can’t even provide the average Sinkie with a decent home that is better than their poorer parents without paying an arm or a leg, and can’t even own a simple car, it is not acceptable. This is not the good life that the people want. Many are still holding on to their present car. The pain will come when they have to give it up and could not afford another one. The withdrawal symptom is going to be very painful. The bigger pain will also come in the form of unaffordable housing. The next generation is growing up and many heartlanders don’t have that kind of money to buy a $500k home. And many can forget about owning private properties though private properties were quite easily attainable in their parent’s generation.

The lousy formula of a good life is going to be torn apart as it is simply a poor alternative for working so hard, getting better educated, for wanting a better life. Where did it go wrong? Dunno leh. The govt is still so happy about this great formula, which is the govt’s version of Swiss standard of living or its equivalent.

Just wait and see how the threshold of pain and tolerance is breached. The govt still have not a clue that it has shattered the dreams of the new generation. They think that they are creating a great life for the next generation. The COE is saying this is the end of the road unless your parents happened to be politicians or very rich. The good life is not a small little flat and taking public transport everywhere.

PS. I speaking from the viewpoint of the average heartlanders.