7/23/2013

Sinkies lack humour

Lim Swee Say is perhaps the most engaging and down to earth minister in the cabinet. He always tries to put across his points in a light hearted manner, funny, humorous and effective. Given his academic brilliance, he could easily speak sikit atas, using all the flowery and bombastic words that he is more than capable of. But he tries very hard to be like the people, speaks the people’s lingo, shares their little fancies and distractions in life.

Unfortunately his attempts to connect with the people, his role as the union chief makes this even more important, to be able to relate to the people, is somehow not appreciated and misunderstood.

There is a post in TRE about Swee Say’s regular visits to Din Tai Fung, the famous Michellin class restaurant, and how he appreciates the little good things in life, just like the common people. He explained why he liked the good quality toothpicks of the restaurant and used to take half a pack back for his personal use. He explained that the toothpicks were of very fine quality and well designed. Swee Say could be boasting about how he ordered the most expensive items that money can buy, as he has a lot I am sure. But that would make him look snobbish and would not go down well with the proletariat, the workers he works with.

Instead, he talks about taking half a pack of toothpicks which the ordinary people like all of us are used to doing. It is the personal touch that he is like one of us. But from the nearly 100 comments it seems again his nice gesture is frown upon. Practically everyone is criticizing him as if he has done something wrong. Some even want to buy him toothpicks as if he cannot afford it. Come, come, Swee Say can buy enough toothpicks to go around the world a million times.

Where is your sense of humour, Sinkies? Enjoy and share the fun and jokes of the minister. He is trying very hard to connect and the people just do not appreciate his effort. Smile when he cracks his next joke and you could be rewarded with more jokes from him. Don’t take life so seriously. Politics is not just about power. Politics can also be fun.

Did anyone get Swee Say’s message? Good service is in the details.

The uncanny timing to perfection

Many of you who need to switch trains at the Jurong East terminal must have noticed this. Just as the train you were in was coming to a stop at the station you must have felt so glad that there was another train waiting on the other line to continue your journey. Perfect timing. Such efficiency must be acknowledged as it makes train connection so smooth and pleasant for the commuters.

Then the annoying and dastard thing will happen. As the doors of your train opened, the doors of the waiting train would close. For those commuters who dashed across the platform they would only see the train moving away, leaving them behind to wait for the next train. Perfect timing every time.

The good thing now is that with the free trips in the morning, this is now a thing of the past. The whole platform would be so crowded that it would take three or more trains before one could hop on to the train. The agony of seeing an empty train moving away when you alighted is replaced by the agony of a full platform of commuters and more waiting time.

There is another uncanny perfect timing incident that happened recently arising from the haze problem. The City was covered by haze for about a week and getting hold of a face mask was top priority. We got our face masks with compliments from the thoughtful company. And an interesting remark was made at that very moment. ‘The haze is going away.’ The issue of the mask was the sign that it would not be needed any more, just like when we were issued with a personal thermometer during the SARS crisis. After receiving the thermometer, the crisis subsided.

I think many people got their face masks just in time for the haze to go away. I am sure the 200,000 who got their face masks free too did not have the privilege to put them on. The sky is clear the next day!

Uncanny perfect timing ya. Lesson learnt. If they want a crisis to go away, do the necessary, like issuing the masks quickly, and the crisis will go away as it will always do. And the reason why the dengue problem is not going away is that they have not issue insect repellant to every household.

From irrational exuberance to irrational despair


The downgrading of local banks by Moody’s has elicited a strong rebuttal from MAS. MAS disagrees with the conclusion and offers a list of reasons to support its position. Our banks are financially sound with good asset backings and strong capital reserves. We also have strong regulations that are above what others are doing. The banks are regularly put under stress tests to ensure that they can hold their grounds when a financial crisis struck. So far the stress tests are showing good results.

As for the exposure to the high property prices and debt ratio, the Govt has implemented 8 measures to prevent a bubble forming. So there is no fear of a bubble bursting as there is no bubble at all. This part everyone must believe. All in, our banking and financial systems are rock solid. Would a huge pull out of funds affect our financial market? The answer is likely to be no even though the whole financial market is linked up to the whole world and when one market is affected the dominoe effect will bring the rest along.

I believe the arguments of the MAS are very sound and the people need not fear about what is going to happen to the world financial system and the contagion effect. But there is one possibility that we should not over look. A false and vicious domestic rumour may create a climate of irrational fear and lead to panic selling of assets. If that happens, it could be like a run on the banks and the result can be equally disastrous. The interconnectivity of today’s world has changed the dynamics of the financial markets. And the big funds and hedge funds will be there to do the damage and to profit from the stampede. We have seen how a single piece of news anywhere in the world can be used to push up the stock market or to crash a market.

Beware of the compounded effect of irrational fear, panic and the bull dozing of big funds to wreck the financial system irrespective of how solid it appears to be, or truly solid as a rock. Remember, we are just a little red dot in a stormy sea.

7/22/2013

Vivian’s air tight case on honesty and integrity

The hawker centre cleaning issue just refuses to go away. It is quite bizarre that a small administrative misunderstanding could end up as an issue of honesty and integrity in Parliament. With all the information now on the table, I believe the issue is now pretty clear to even the Ah Peks and Ah Mahs in the market place. Let me try to summarise the case and where it is at the moment.

5 parties were involved, the NEA, Town Council and the non existent Hawker’s Association. I hope I got it right that there was no hawker association in the first place or just an informal one. Correct me if I am wrong. The hawkers in the market are not new. They have been operating there for many years and know exactly whether they should or should not pay for the scaffolding. The Town Council may be a bit new and could be expected to be raw or unfamiliar with some of the administrative stuff. But they are expected to know what they can make the hawkers pay and what they cannot. They would not dare to ask the hawkers for payment if they are not supposed to do so. This is a public matter and not something that can be hidden away. They can’t cheat the hawkers. The hawkers and the staff in the Town Council know what is happening. If they are asking for payment, it is likely be an honest mistake. There are things called honest mistakes right? The WP is denying that they did.

As for the NEA, lagi simple. They are the authority and administrator of market maintenance and Town Council matters. They must be very clear as to what the Town Council can collect and what cannot. A young executive from NEA could tell the parties in disagreement clearly who should pay for what. NEA could easily nip this misunderstanding in the bud.

It is strange and highly unsatisfactory that this little administrative misunderstanding could end up in Parliament and becomes an issue of honesty and integrity. And I believe Vivian Balakrishnan must have been convinced that he had an air tight case to prove that the WP MPs had to answer on issues of honesty and integrity. In the Parliamentary debate you could see how confident and assured he was in lecturing the WP MPs and in patronizing Low Thia Khiang to investigate his party members. And for Hsien Loong to openly state that he and his cabinet supported Vivian’s stand, it must mean that he and his cabinet too were convinced that it was a good and unquestionable case to push in Parliament. In a way Hsien Loong is putting his credibility behind Vivian’s charge.

The latest development is the revelation that two key personnel in the dispute are PAP members. This disclosure would create some doubts as to whether this is strictly an issue involving the hawkers and the Town Council or between the WP and PAP. The lawyers will use this to cast doubts into the case.

The next unfortunate things are the notes of the NEA officer and the dossier of Vivian. Apparently the NEA notes were referring to Spring cleaning and Vivian’s dossier was referring to Annual cleaning. Low Thia Khiang’s final statement in Parliament was about a misunderstanding between these two events. The Town Council thinks that it was Spring cleaning and the hawkers would have to pay for the additional scaffolding. They will not charge for Annual cleaning which they have planned for the year end.

Now, is the NEA officer clear that this is an issue of Spring cleaning? If so, why is the dossier of Vivian saying that it is Annual Cleaning? How did the word ‘Annual’ gets into Vivian’s dossier but not in NEA’s notes?

Would Low Thia Khiang stick to his position and regard this little discrepancy also as a misunderstanding and say move on, let the people be the judge? Or would he now go to Parliament with another air tight case that Vivian now has a case to answer on honesty and integrity when the NEA notes and his dossier are concerned? Would Low patronize Vivian and ask him to do an investigation into the matter to clear himself of the same accusation hurled at him?

Whose honesty and integrity are now in question?

Obama saddened by the verdict on Trayvon’s killing


Obama, the President of the USA, has spoken on this tragic killing of a black boy called Martin Trayvon. The unarmed 17 year old boy was shot dead by a burly white man armed with a gun and claiming self defence. Many white supremacists and their sympathetisers did not see anything wrong with that. And a jury of 6 with only one black woman in it gave a verdict that Zimmerman, the killer, should go free.

The black Americans are in shock. Together with the rest of the Americans, including many whites, they are up in protest. More than 100 cities staged protest rallies against this clearly unjust and racist verdict. Obama had no choice but to say his piece.

He related his own personal experience as a black man and how he was also the victims of racial profiling. What is this silly term called racial profiling? The White Americans tried to go around it and avoid saying bluntly that it is racism against the black Americans. Obama said most black Americans had such bad experience. And the boy Martin could be him. Obama could be killed in the same way.

In his Presidential address on the racial discrimination by the White Americans against the coloured people especially black Americans, he minced his words by carefully saying how disgusted he felt politely. He asked the Americans, the white Americans, to go do some soul searching on how they are still discriminating against the blacks in their racist ways.

Many silly Asians are still saying that this is a lie. The white Americans cannot be racist and the black boy deserved to be killed as he is black and according to racial profiling he is dangerous.
Where is JayF?