10/22/2013

Hsien Loong – Don’t perform will have to go

During an interview with the CNN Hsien Loong said that anyone in his team would have to go if they did not perform. This statement has been quoted by some bloggers as a reason for Boon Wan to go since the MND is losing several billions for building HDB flats for the people. The issue is not that simple as it is made up to be.
 

How shall a minister’s performance be judged, in particular, like the case of building public flats? Should the measurement be about making profit for the govt or building affordable housing for the people? Or should it be about building enough flats for the people are reasonable prices, not affordable prices, and without having to wait for several years? Or should it be about building enough flats to meet the demands of the people without incurring huge losses.
 

The above questions are quite straight forward reality. In the current case, the issue is not just about the losses, or is it about the losses? And what is this loss, or is there really a loss? This can only come to light if the details of the costing are laid on the table. Then it could become an issue of productivity, efficiency and taking care of the interests of the people. Or it could become an issue to taking care of the interests of the party.
 

The factors to be used to measure Boon Wan’s performance can be complementary or be in conflict with one another. And different people with different perspectives or vested interests would want to judge his performance according to their own set of good or right factors.
 

In this case, the loss of several billions is academic, in a way fictitious as it is a matter of right pocket left pocket. That is why Boon Wan could proudly announce it with a blank expression knowing very well it would not affect his performance. If it would, he could easily ask the finance guy to jiggle the factors and numbers to show a profit instead. It is all about what factors to be used for the input.
 

So, what should be the pertinent factors to be used to judge a minister or Boon Wan to reflect the real performance and the desired results? Should it be the price or the quality of the flats? Should it be the ability to meet the demand and expectation of the people? Should profit be a factor and if so, how should it be measured and what factors should be used to be reasonable?

Chennai Industrial Park

There was a programme on the Tianjin Eco City on CNA last evening. In a piece of waste land, a lake used for dumping industrial waste, up rose a sparkling clean eco city, a joint venture between China and Singapore. The infrastructure was first class, like a super condominium but at least a hundred times bigger in size. The roads and buildings were many times better than our best and newest new towns in Punggol or Sengkang. It was like a modern new suburb in the western world.

Tianjin Eco City easily outclassed the first industrial town built in Suzhou, the Suzhou Industrial Park. I think this is a great expertise of ours that can be easily replicate in other countries. Vietnam is getting one and I think India is getting one soon. The Vietnamese do not need much convincing to want their industrial park Made in Singapore.

The Indians may need more convincing as the project does not seem to be moving, or has it been moving that I don’t know. If convincing is necessarily, actually we have a perfect model of a modern Indian industrial park right in our little island. I have been told many times that the Changi Industrial Park is every inch like an Indian Industrial Park with Indian companies and Indian workers forming the majority of the companies and residents in the Park. It would be a good idea if the govt could invite the Indian leaders to visit the Chennai Industrial Park to take a look at what future modern Indian industrial parks would look like. Oops, I mean Changi Industrial Park.

This Changi/Chennia Industrial Park could be a big tourist attraction for Singaporeans to want to have a feel and taste of what an Indian Industrial Park looks like without flying to India. And Indian tourists, not necessary just the Indian politicians, can be arranged to tour to this Park, a model on which future Indian industrial parks would be like. I am sure they would be very impressed by what they see in Changi/Chennai. And the residents in Changi/Chennai Industrial Park could bear testimony to the good life here, the great and modern facilities that they have come to live with and enjoyed that they could not find anything better in India. Maybe I am wrong and there are better and more modern Indian Industrial Parks than the Changi/Chennia model.

But that is not all. Even if the Indian govt could replicate the physical part of the Park. What they could not easily replicate is the software, the ease of doing business the Singapore way. This is the trump card of Changi/Chennai Industrial Park. Singapore and the Indian govt could have a long list of cooperation in building more industrial parks in India if the Indian govt could come and see it for themselves. It is already there, a working model with many Indian companies and a nearly all Indian workforce.

Our community centres and Residents Committee now have a new place to visit for their constituents. It would certainly be a wonderful experience to be in Mumbai or Chennai in Singapore. Come and visit our Indian Industrial Park at Changi.

What is real behind the myth of freedom of navigation

 Freedom of navigation in the regional seas has been harped by the Americans in every occasion available to raise tension and fear among the Asean countries. Hugh White, the Professor from Australian National University has an article in the ST last week to demystify this rubbish talk of the Americans.
 

Freedom of navigation in the Straits of Malacca and the South China Sea has never been an issue. There were a few cases of piracy that were nothing more than mosquito bites and could easily be dealt with by the coast guards of Malaysia, Indonesia and Singapore. There is no need to bring in the American Seventh Fleet and all the nuclear tipped missiles to deal with the pirates. And even if the pirates were navy guys in civilians, like the Pinoys in the South China Sea harassing and bullying the fishing boats and kidnapping them for ransom, they can be easily taken care of. The Taiwanese have shown the Pinoys that they would sink their navy ships if they dare to attack their fishing boats again. China is going to sink their biggest antique warship with compliments from the Americans.
 

So what is the real issue of this freedom of navigation shit? When it was the Straits of Malacca, the Americans were aiming at the Malaysians and the Indonesians. In the South China Sea, the target is China. But then, the whole thing is a hogwash. All the three countries have never threatened freedom of navigation in the region. All of them, according to Hugh White, needed freedom of navigation for trade. How on earth would they threaten freedom of navigation against their national interest?
 

The American humbug played at the highest key with the biggest orchestra is all noise to deceive the countries in the region. The tension and bickering by pesky countries like the Philippines and at one time Vietnam and India, were all the works of the Americans egging them on. Now with Vietnam and India backing out, Japan is now dragged into the frying pan, willingly of course, with the new right govt of Abe aspiring to rearm Japan as the new military power in the region. Under normal circumstances the Americans would have objected after suffering from the devastating sneak attack of Pearl Harbour and the thousands of American lives lost. The Americans would want to continue to keep this barbaric people under a pacifist constitution they imposed on Japan. But because of its wild big power ambition and rivalry with Japan, they are willing to use the Japanese card to give trouble to China. American is consenting and helping Japan to rearm and return to its military past.
 

Hope the Japanese would be strong enough to return the Americans the favour of two nuclear bombs to remember Hiroshima and Nagasaki. But before that, the Americans would be using the Japanese to raise tension in the region, with the Pinoys in tow.
So much for the fear of freedom of navigation in the Straits of Malacca and South China Sea. When have the Indonesians or the Malaysians or the Chinese done anything to threaten freedom of navigation? The real threats of freedom of navigation is when the American Seventh Fleet is here to choke up the passages and control the movement of ships through the region, and to conduct searches as and when they like on the pretext of intelligence reports of terrorism.

10/21/2013

The injustice of justice

In this modern world, the treachery of the elite is much more sophisticated than the wisest of yore. The elite are using the system to cheat and scam against the interest of the ordinary men in the street.
 

Just read in the media today, ‘JP Morgan set to pay record S16.1b in deal’. What is wrong with this statement? Everything is wrong with this statement. It is trickery, treachery, deception and lies of the highest order. It is never about justice though it gives the appearance of justice. There is no justice!
 

The elite are exploiting the goodwill, reputation, funds and power of big institutions to cheat, to fraud, to scam for their own benefits. In the JP Morgan case, and many other related financial frauds during the financial meltdown, the top management of these financial institutions devised and designed fraudulent notes, CDOs and all kinds of gambling chits in the form of derivatives to cheat the people, the funds and also high net worth customers. And when they were successful, they paid themselves crazy and walked around like gods.
 

When they were caught with their crimes, with their hands in the cookie jars, they used the funds of the institutions to pay for the fines. The guilty party is the institution, no the management. And the money is from the shareholders, not theirs. The shareholders have to pay for their crimes, for their salaries and big bonuses. They have no personal responsibility and accountability. To them, they can cheat and forge all kinds of dubious products and instruments, and they win in all ways. The masses and shareholders are the losers. It is head they win and tail the masses, shareholders and the main street will lose.
 

They will not be caught to pay for their wrong doings. They have the law enforcers in their pockets, paid by them to share the loot. And they are repeating their crimes in bigger ways since then, with the help of the law and lawmakers, that they will not be prosecuted or persecuted. They are the modern day bandits and crooks in suits and ties. They can do not wrong and are above the laws. Many billions will be coughed out from the banks and financial institutions to pay for their crime, now passed to the banks and financial institutions.

Where is the justice? There is no justice.The bank pays the fine and the criminals keep their loots.

Gintai lost his job as a train driver

One of our regular bloggers that stopped posting after his long story of his conversation with Shanmugam posted in his blog has lost his job as a train driver with SMRT. He worked 18 years in the company and is still fit to drive maybe for another 10 years. Was he dismissed, sacked, asked to resign, asked to leave, or whatever term you called it, he lost his job. He is a full blooded Sinkie.
 

This is what Gintai said of his experience as a train driver,
 

‘For almost 18 years, I live, sleep and breath within the train system. I worked almost every day including off days unless I was on courses or on leave. I can’t even recall when was the last time I reported sick. I work with all kinds of odd hours with bizarre reporting timings and rotating shifts with rotating off days. Almost everyday, I had to remember my train timings, places (depots, stations and different platforms etc) to take the trains and worry about my train schedules. If I miss taking the train, the handing over driver will need to continue driving the train. With few misses within a short time-span, it’s out you go. That is one example of many where I was always pre-occupied with trains – even in my sleep; over the last 18 years. I had to force myself to sleep if I were to wake up at 4am the next morning to prepare for work sleep or no sleep! The train must be launched from the depot! No one will understand what I’m trying to say here except the 400 over train drivers in the system whose job is to move millions of passengers regardless of rain or shine, flooding or ponding, lightning or thunder!’
 

And this is what his India Indian friend had to say about his abrupt departure.
 

‘My FT Indian friend Manish had this to say, “… India maybe 3rd world country but it seems that Singapore is poorer than India in all respects now. If they can’t take care of a person who served 18 yrs loyally, then it’s curtain down for them where human values are concerned. You take care my friend.” PS: Reproduced with permission.’
It is so regrettable that an experienced train driver with so many years of dedicated service and loyalty will have to be let off. Nevermind, they will train another foreigner to take over his job if they cannot find another Sinkie to do so. Welcome to the unemployed PMET club.
 

Gintai should give his friend Shanmugam a call. Maybe he will be able to fix him with a better job now that the govt is talking about Fair Consideration Framework to consider Singaporeans first in job offers. Looks like Gintai did not benefitted from FCF.
I feel sorry for Gintai. Hope he will get a job soon. If not he can join Gilbert Goh and speak up in Hong Lim Park for the unemployed PMETs. This group of Sinkies is growing in strength daily. And thank God the govt is working very hard to help them and get them a job.