80 year lifespan a threat to retirees

A longer lifespan is conventionally seen as good, as people can now live longer. Not many would want to know that this could be a curse to many in particular those that have ill health with the soul or life being trapped in a rotting and malfunctioning body that costs much more than anything to be alive. But this is only a biological problem.

The other big issue is the social problem. Our whole structure of employment and retirement age are screwed. You can no longer retire people at 55 or 60 or even 70 when they need an income to keep on living. And added to the problem is the art of inflating away huge debt into the future. The savings or pensions of retirees will be eroded at blinding speed that the once enough pension or savings could last so much lesser time. Inflation will reduce their spending power and whatever savings/pensions that were enough would not be enough.

Now I can understand why the smart ones would want a million dollar to keep their good life forever. Those with a few hundred thousands will be caught in the inflationary trap. They would not believe their savings could be expended so rapidly. And that is only confined to normal expenditure without incurring big expenses like medical bills.

With a public housing scheme that is designed to soak up the incomes of buyers under the affordability concept, many will be making just enough to pay for public housing and nothing left for retirement. And no one is seeing this flaw and keeps blaming the people for not saving enough while allowing property prices to rise.

How can anyone save enough when the price of public housing is pegged to what they earned? And to sustain this Ponzi Scheme, the prices must keep going up, which means the need to print more money, leading to unceasing inflation at ever higher rate.

The problems of the oldies will only snowball as the inflation based economy cannot be stopped and the value of money will simply shrink and fritter away. With more oldies joining the ranks of longer lifespan, this is going to be a very critical issue when the number hit the million mark.

Wake up Chinese – Serdarlah Cina

Apa lagi Cina mau was the headline of Utusan Malaysia after the GE. The shrinking support of UMNO/BN had led to angry cries by the ultras blaming the Chinese for not supporting BN. This attack on Chinese voters was refuted as not a Chinese tsunami but an urban shift of Malay and non Malay voters to PR. There was a lull as if the ultras have simmered down and things going back to normal.

Yesterday Utusan Malaysian again attacked the Chinese with another headline Serdarlah Cina and sanctioned by the collective voice of its editorial under Awang Selamat. The paper’s continued attack on the Chinese calling them greedy, ungrateful amounting to racist started last week. This is an indication that the moderates of UMNO and Najib are losing ground and the ultras are now calling the shot and setting the agenda, a dangerous trend for Malaysian politics. And Mahathir apparently is in charge.

Last week Mahathir wrote in his blog that the Chinese are racists for not voting for the UMNO, MCA, MIC Kongsi, the BN. Only by voting for this BN Kongsi would the Chinese be seen as not racists. He does not question whether the policies of this Kongsi is racist or non racist.

The Malaysian Chinese actually voted for another Kongsi with two Malay majority parties, the Keadilan and PAS. Why are they called racists by voting for a Kongsi that is 2/3 Malay majority? Shouldn’t they be accused of voting for a more Malay party? In this sense they are racists by voting for more Malay leaders.

In terms of policies, the PKR is in many ways more multi racial than UMNO with its Malay Ketuanan policies. So who is the real racist? This looks like a case of the racists accusing the innocents of being racists. And if Najib fails to take control of the situation, Malaysia may be heading to a road for more turmoil.

The Wake up Chinese call is quite appropriate in another way. The Chinese are political naïve and condescending, thinking that others in power will be kind and generous to them. In a way this can be seen down south when foreigners are being brought in in great numbers and thinking that foreigners are benign and will be fair when the original Singaporeans become a minority. This naivity will have serious consequences when foreigners become a majority and assume power in the future, just like what is happening to Malaysia. Serdarlah Cina!

Fundraising through indiegogo.com

http://www.indiegogo.com/projects/paintings-of-gods/

I have initiated a fund raising project at indiegogo crowd funding site above. You are most welcomed to contribute to my project to promote this new mixed media art form of mine. You can do so by being a contributor, ie buying a painting through indiegogo or help to inform your friends about this fund raising project.

This project is not just about raising fund but to share the paintings of gods or Mother Nature to as many people as possible.

Many thanks.

Singapore: Towards deNationalisation

Singapore is a unique country that is not a country, a nation that is not a nation. While many countries have developed themselves into distinct nations with distinct people and culture, Singapore is in a reverse process. We seem to have abandoned the path most travelled by young and old nations, to build a country into a nation of people, proud of what they are, their distinct and unique culture.

Singapore is in a process of deNationalisation. We have gone through a 40 year process of nation building when the people were talked and educated about nationhood, about being Singaporean, about defending the country, about us as a new people of a new nation. We were progressing quite well and could be a nation today, when the citizens are proud of what and who we are, that we are a successful and rich nation with our own people, our distinct culture and way of life.

Did we fail in this process and a new philosopher has taken the people along a new ideology of no nation, no nationals, but just an economic organisation where anyone with some merits or ability is welcomed to reside in the island? Our citizenship is given away freely, our national identity prostituted and bastardised by new residents and ever changing and evolving. Our national identity is in a constant state of flux, and we do not know where we are going or what we will become, maybe a vague idea of being international citizens, or citizens of the world, but no country?

Our national mantra, or just mantra without the adjective of national, is survival of the fittest regardless of creed, colour or country of origin. We sell our citizenship, we sell our little piece of land, we sell our strategic assets, we sell our jobs and people to foreigners with no qualms of what the consequences will be when everything is sold. The next thing we will be selling our parents and children and wives, if they make economic cents. Nationalism and citizens of a nation have lost their meanings.

Singapore is pioneering a new paradigm of deNationalisation, without borders, without citizens, everyone a resident for only one reason, economic well being. No sentiments, no emotions, no roots, everyone be proud of being a migrant and be prepared to be migrants again in someone’s country when everything is sold and gone, including their rights as citizens. Citizens that cannot contribute better than foreigners are best discarded in favour of the latter. There is no need for frivolous ideas of nationalism, patriotism, loyalty or defending the country, for there is no country or nation to defend and be loyal to. Such ideas are just silly aspirations of medieval people. Clinging on them is meaningless and has little economic values.

This deNationalisation process has been gaining momentum in recent years without much fanfare or any official pronouncement of its existence. Perhaps it is just an unconscious outcome of years of pragmatism that is stretched to become another animal of different stripes and colours. Was there an originator of this trend, or it just happens, just like the population explosion over the last 10 years and the ballooning of property prices due a grave shortage in supply and an overflow of demand? No one knows a shit how it happened or had an inkling that it is happening.

Why is there a need to call ourselves Singaporeans? ‘Sinkies’ is any time more appropriate in all aspects. The bottom line of such a philosophy is all about self and self interest above all interests. And the idea of country or nation is simply superfluous, a meaningless attachment. The next thing to be sold away will be the soldiers and all the weapons and equipment of wars when there is nothing left to defend for. DeNationalisation will eventually lead to no nation, just a corporation run and own by a few elites.

More pictures from Hong Lim

Me and a couple of friends.