“No matter how much the government raises taxes, there is no
consolidating the budget unless social welfare spending is curbed,” said
Robert Feldman, head of Japan economic research at Morgan Stanley MUFG
in Tokyo. “If the government continues to let the spending swell, it
will get out of control.”….
National budget outlays on social welfare spanning health care to
pensions climbed 23 percent over the five fiscal years through March
2015. Medical-related spending, which accounted for 32 percent of social
welfare outlays in fiscal 2012, is forecast to soar 54 percent to 54
trillion yen in fiscal 2025, according to the welfare ministry.
Abe needs to put more priority on social-welfare reform to prevent the
system from becoming unsustainable, said Hitoshi Suzuki, a senior
researcher of Daiwa Institute of Research in Tokyo….
I am thankful that we have a very prudent govt in Singapore. You should
all be thankful too. Our govt spend prudently and ensure that basic
healthcare services are provided without burdening the whole system.
By Concerned Citizen on unfettered bashing of our govt
This Concerned Citizen wrote an article posted in the TRE with the above
heading on the excessive healthcare spending by the Japanese govt. He
quoted a Washington Post/Bloomberg post with the above comments. The
gist is that Japan was overspending on healthcare and this is becoming
unsustainable even if taxes continue to go up. And this is the reason
why this Concerned Citizen felt so appreciative of our Govt for not
overspending in healthcare. He is very concerned that our Govt will go
down the road of welfarism.
I can share his concern and agree with him that we have such a prudent
govt that did not spend excessively in healthcare. But he is only right
in knowing a little of the truth. Our Govt had sent two study missions
to Japan led by Boon Heng and Gan Kim Yong, one to study how to solve
the ageing problem and the other about healthcare. From the dearth of
information on these two trips after their returns, I can only hazard a
guess that they found that there was nothing much that we could learn
from the Japanese.
The revelation by Concerned Citizen and the Bloomberg report confirmed
that the Japanese experience was nothing useful and maybe irrelevant to
our case. If the report is true, then Japan is facing a crisis that
would get graver by the days. We must not go along that path. And we
don’t have to. We are in a very superior position financially as we did
not spend much in healthcare. The people are paying their own medical
bills. Now the Medishield Life Scheme will make sure that the people
would foot their own bills without burdening the Govt.
The end result is that the Govt would have a lot of money for other
pursuits from the savings in healthcare. We are so comfortable that we
could use the money to party and party like there is no tomorrow. Next
year we could see the country partying the whole year round, with big
budgets for celebrations within the country and with countries around
the world. We can invite foreign dignitaries here to party and they will
invite us over to party in their countries.
We are very rich. We have so much money to spend on happy things. We
could spend billions and billions on mega projects that would require
hundreds of millions of dollars for annual maintenance. We bought top
universities almost lock, stock and barrel. We owned think tank schools
with scholars from the world, paid by us handsomely of course, to come
here to think.
Notice that I use the word, ‘We’? Yes, we the people are paying for it.
See how comfortable we are? We could have such a good healthcare scheme
and with so much money to spend in other good to have glorious and fun
stuff. Wait for the next National Day when we parade the F35s and our
aircraft carriers.
By being prudent in healthcare spending, we can afford not to be prudent
in other areas. Don’t worry, be happy. Money is not an issue. Prudence?
When we have so much money to spend, there is no need to be prudent. We
only have to be prudent in healthcare.
Kopi Level - Green
7/21/2014
7/20/2014
Ee Hoe Hean Club - Pioneers Memorial Hall
I visited a few millionaire clubs in Chinatown with a few friends yesterday. The most famous of these clubs is the Ee Hoe Hean Club at Bukit Pasoh. This is the place where many political activities took place in the early 1900s and during the 2nd World War. Tan Kah Kee made this his centre for the anti Japanese movement and to raise fund for the Nationalist army fighting the Japanese in China. This was where he hid during the Japanese Occupation before escaping overseas.
In honour of Tan Kah Kee and the pioneers, the Club has converted the ground floor into a museum called the Pioneers' Memorial Hall. Tan Lark Sye, the founder of Nantah and who contributed a handsome sum of $5m at that time to the University, Lee Kong Chian and several others were mentioned with exhibits of their history in display. Below are some photos that I took during the brief visit.
The pics from top to bottom. The Club Building, Main Entrance used for the Pioneer's Memorial Hall, Side Entrance to the Ee Hoe Hean Club, Tan Kah Kee exhibits, Tan Lark Sye and Lee Kong Chian exhibits, Other Pioneers, Plague on the Pioneer's Memorial Hall. The last pic shows visitors taking photo with a wax figure of Tan Kah Kee in the Hall.
In honour of Tan Kah Kee and the pioneers, the Club has converted the ground floor into a museum called the Pioneers' Memorial Hall. Tan Lark Sye, the founder of Nantah and who contributed a handsome sum of $5m at that time to the University, Lee Kong Chian and several others were mentioned with exhibits of their history in display. Below are some photos that I took during the brief visit.
The pics from top to bottom. The Club Building, Main Entrance used for the Pioneer's Memorial Hall, Side Entrance to the Ee Hoe Hean Club, Tan Kah Kee exhibits, Tan Lark Sye and Lee Kong Chian exhibits, Other Pioneers, Plague on the Pioneer's Memorial Hall. The last pic shows visitors taking photo with a wax figure of Tan Kah Kee in the Hall.
When your heart beats with the rhythm of the drum
This
phrase from the French Revolution song strikes a cord to many oppressed people
around the world for decades and will go on to drum the heartbeats of more
oppressed people in the future.
When
your heat beats with the rhythm of the drums in The Miserables is like the mass
consciousness coming together to think like one and act as one. When the
consciousness of the people becomes one, an uncoordinated thought of the people
somehow becomes the thought of everyone in the masses, it is a kind of mass
awakening. It is a rare event, but often happened in the historical pasts to
move a people in a common direction, with a common purpose, for a common goal.
The
actions of the unruly and uncoordinated masses gelled together with an
unconscious consciousness of what is best to do and what is the right thing to
do. No one could envisage what really went on in the minds of the people in the
Hougang and Punggol East by elections. No one was there to tell the people how
to vote for the best result for the interests of the masses. Even if someone
tried, the people would not necessarily do as told.
The
strange thing about Hougang and Punggol East was that they all thought and
acted in the same way, as one people in a calculated move of sophistication. The
way the masses came together to vote in a similar manner, as if they were
thinking as one, was a very powerful force. It was like the force was with them
and they were the force.
When
the unconsciousness of the people is one, their hearts beat with the rhythm of
the drums and they move as one, act as one. The unconsciousness is emerging and
becoming clearer as the people becomes one people. Some call it people power.
It is here and growing, a strange phenomenon that arises like being guided by
the invisible hand. The force is here, you can feel it in the air. The moment
has come for a momentous change.
Kopi Level - Yellow
7/19/2014
3rd World saving 1st World jokes
A retired German engineer told me last month that he could not believe that a
first world infrastructure is being serviced and maintained by cheap third
world workers. They do not have the necessary skills or standards of diligence,
he said. Can’t but keep laughing these
days as these apologists are scrapping the bottom of the barrel by comparing us
to third world standards in their pathetic attempts to hold up the government’s
well-remunerated posteriors.
The
above joke was posted by Chris K in TRE. Let me reword the above quotes to
apply to the 1st World Singapore. Some super talented politicians here
said this 1st World city must import 3rd World talents to
run its 1st World banking and finance and IT industries. And they
have the necessary skills and standards of diligence to take over from the 1st
World Singaporeans.
And
some also said, the 3rd World talents are here to help the 1st
World talents and to create jobs for them.
And
some 3rd World recruiting agencies were quoted to have said they
could not find the talents needed for this 1st World city from its 1st
World talent pool, graduated from its world class 1st World
universities, but could find all the talents from 3rd World
countries with the skill sets and experience to fill the 1st World
jobs in this 1st World city. And none of the first world super
talents would stand up to object to this silly thought. Maybe they agee and
believe that it is not silly.
Now
tell me which is the better joke?
Kopi Level - Green
MH17 – The wisdom of hindsight
Many questions are being asked about why MAS continued to
fly the route taken by MH17 when there is a war going on. Until it was shot
down, no one was clever enough to ask such questions. And everyone, including
ICAO, thought it was safe to fly that route.
Today paper reported, ‘“We’ve flown this route for many years; it’s safe
and that’s the reason we are taking this route,” said Mr Liow Tiong Lai at a
news conference in which reporters questioned why the airline had chosen to fly
over a war zone.’ What else could he say?
Liow Tiong Lai is not going to get away from this
explanation. So would the MAS when the mood is to find a scapegoat, when all
the clever fingers were pointing at everyone that could possibly take the blame.
I would not blame anyone of them.
Everyone was just following the conventional wisdom. If one
monkey can do it, so can all the monkeys. No all the monkeys are scattering for
safety. This kind of group think can justify murders in broad daylight as well.
You often heard of govts justifying their actions because one monkey was found
to be eating shit, so they made use of that solitary example to make their
people eat shit as well. What’s wrong, so and so had done it. We are not the
first one to do it.
It is not often that a maverick would stand out to say
something different. When the chief monkey said so, all the monkeys would join
in to sing the same song. Look at all the clowns involved in the search for
MH370, they still believe that a crazy pilot or an aircraft on autopilot would
fly it to the Antarctic. Can you believe it? And the second theory is that it
must be done by the mad pilot. Why would he want to fly to that God forsaken
place? Oh, to bury the aircraft so that no one could find it? Is that a
reasonable explanation? And how could a single pilot managed to control an
aircraft full of passengers and crew and even prevented them from making a
single call out? Can a single pilot do that?
Anyway, sometimes it is a blessing to have someone who could
think differently, who could challenge conventional wisdom, proactive thinking,
without being a genius, to avoid a crisis. Often such a person would face a lot
of opposition and resistance from the conventional thinkers and may even be
seen as a trouble maker with whimsical thoughts that is best to be ignored.
The blame game will go on and on and will be repeated over
and over again. No one would want to think tangentially, or to think
unconventionally. The MH370 party is the best example. Everyone is still
listening to the chief clown. No one is willing to think different and look at
alternative and more logical explanations. Yes, they will continue to waste
time and precious resources playing in the Antarctic like silly boys in search
of a red herring.
Kopi Level - Green
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