Open letter to CEO Loh Boon Chye

The most important question everyone needs to know about computer trading, algo and HFT, with computers of external agencies plugged into the SGX system to gain access to information that other investors did not have, to be able to use high speed computers to trade ahead of the masses, would these advantages be construed as unfair trading like having insider information? And if the use of computer trading to gain access to information not available to the rest of the investors is a violation of the SGX’s principle of providing a level playing field, and is a violation of SGX’s by laws, should these still be condoned? Is the SGX in breach of the bye laws?

If the answer is no, then by all means continue to allow the computers to be plugged into the SGX. If yes, the new CEO should not want to be a party to it as it is only a matter of time before SGX is sued for this breach of its bye laws. As the new CEO, it would be prudent to review this practice and confirm that there is no breach of any bye laws. If this practice is wrong and not stopped, then the new CEO would also be culpable for allowing it to continue under his watch.

Is computer trading a violation of SGX’s mission, principles and bye laws on fair trading practices and insider trading? Are the rest of the investors put in a disadvantage position because of these computers in the system?

Amos Yee – A miraculous medical discovery!

I am not sure if this discovery is good news or bad news. According to a survey, its finding is that Singaporeans would not have heart problems anymore. Singaporeans would also not have heart diseases. There will be no need for heart transplant ops as well. The heart surgeons and specialists are going out of job and would have to migrate to other countries where they could find patients with sick hearts. Even $8 open heart ops would be a thing of the past.

What is this miraculous discovery? Shhhh, they have discovered that Singaporeans did not have a heart! They have tested many of them and it is double confirmed, no heart, no heart beats. They cannot feel pain, they cannot feel any emotions. And when you tell them to touch their hearts they would look very lost. Where is my heart? Some may even asked what is a heart? Is it a good thing to have a heart or not?

There is also a theory that this Amos Yee episode was an elaborate set up for a very important mission. The next GE is around the corner and will be a very important one. And they are trying to find candidates with a heart. So this exercise was created to see if there are people who would stand up to show that they have a heart. Only those with a heart will be selected to stand for election.

Oops, no? So what should it be? Oh, sorry, my mistake. They are looking for candidates that can be tough and can make tough decisions. And in order to pass this hurdle, you need candidates that don’t have a heart. Only those without a heart can be unemotional and calm in decision making, would be considered for the next generation of leaders. Those who have a heart need not apply.

What is going on? Touch my heart, I swear, this is pure fiction, hallucination.  I must have been drinking too much water from the tap.

China Dream blueprint ready and available

China has come out with several initiatives to promote growth and cooperation among the Asian countries, the AIIB, the One Belt One Road, offering trading and infrastructure packages negotiated with big and small countries on an equal basis, an is being attacked by the Americans and their allies for all kinds of hideous and mischievous excuses. China took it in its strides and it is good that more and more countries are seeing the goodness in these Chinese initiatives to want to work with China peacefully for economic growth and development that benefit every country in the process.

The most powerful, comprehensive and beneficial initiative yet to come from China would be the China Dream blueprint that China can offer to other Asian countries. China has been there and done it, to turn around a poor underdeveloped country, lack of capital, resources of all kinds, skills, technology and ideas, into an economic giant with a complete list of industries and products to become the world’s biggest economy in less than 40 years. No other country has ever transformed itself, its economy and people in such a short span of time. In the process, China has lifted 500m of its people out of poverty. The USA and Indonesia each has less than #00m people. The whole of SE Asia is probably 500m people. China is the envy of many developing nations and even developed nations in the western hemisphere. It is a miracle of disproportional scale never seen before in human history.

China is now in a position to write this blueprint to offer to other developing Asian nations for a start. It is a proven formula. If the Chinese can do it, and with blueprint in hand, other Asian countries should also be able to replicate and duplicate this success formula. It would be a new Asia, an Asian Renaissance in the next 50 years if other Asian countries could pick up the blueprint and set themselves on the path to economic growth and prosperity for its people. China could offer the formula of success and export the knowhow to interested Asian countries hungry for quick economic growth and development.

China not only has the blueprint but also the resources, technology, skilled manpower and finances to assist other countries to grow if needed. From Eastern Europe to North Korea in the East and to the region in SE Asia, many countries could benefit from this blueprint from China.  Countries that could do a rapid transformation of their economy and infrastructural developments would be North Korea, the IndoChina states, Myanmar and the Indonesians. North Korea could embark on this mission with the assistance of the South Koreans, with the latter’s finance and technology and skilled manpower, to follow the China Dream with the Chinese blueprint. Vietnam and Indonesia could easily do the same act.

Without the Americans here to incite and agitate for war, Asia could be the continent with the highest growth rate in the next few decades and be the new Europe of the world, bringing wealth and prosperity to its people. There is no stopping Asia from rapid growth if they put their minds to it with the China Dream blueprint, and if needed, Chinese blueprint and knowhow and money. Asia need not be a continent of poor and developing countries struggling to become developed countries. There is a way and China can show the way.

There is a China Dream for all Asian countries, without having to go to war. China has done it.

A ‘khongcum’ or nutty statement

I will quote this from a blogger in mysingaporenews.

‘Simply just do away with that entitlement mentality, work harder and longer hour and stop being lazy’  - agongkia

Agongkia is talking about the daft Sinkies, lazy and suffering from an entitlement mentality. He believes what he is saying. And many daft Sinkies also believe in this ‘khongcum’ statement because they have been told that they are like that. And daft Sinkies have been cooked in a system that taught them not to think and they forgot that they can think, and it is for their own good that they should think about such ‘khongcum’ statement that is used to brand and degrade them.

Let’s look at the facts to see if this ‘khongcum’ statement can withstand the test of reality.
Would a lazy people of 3m won 84 gold medals in the SEA Game competing with bigger countries with tens or hundreds of millions of people? Did they say they are entitled to the 84 gold medals?

Would a lazy people work and slog at 70 or 80 years old in the foodcourt to clean tables? Did they say they are entitled to retire at 55 or 60?

Would a lazy people with entitlement mentality pay thousands of dollars to get a place in a nursery or kindergarten to give their children a headstart in life?

Would a lazy and entitlement mentality people spent hundreds of thousands to give their children a good education?

Would a lazy and entitlement mentality people score straight As in their examination?

Who are the students filling up the places in the top universities in the USA and UK? People with entitlement mentality and lazy?

Are kiasu and kiasi people lazy and suffering from entitlement mentality?

Would lazy people with entitlement mentality work more than 44 hours a week?

The only thing I may agree is daft. Only daft people will believe in ‘khongcum’ statement without thinking. Only daft people who spend hundreds of thousands of dollars to get the best education and believe the 3rd world creeps are better than them. Only daft people will believe in fakes and cheats and go to the whole world to recruit them to replace the ‘khongcum’ people.

Do I make any sense?
  

Malaysian royalties – We are back!

A royal battle has started between the Crown Prince of Johore and the Tourism Minister Nazri Aziz after Tunku Ismail Sultan Ibrahim commented about Najib’s absence from the 1MDB public forum.  Nazri was unhappy with Tunku Ismail’s comment as interference in politics and commented ‘the royalty was not above the law and should not comment on politics, “otherwise he will be subject to the same rule and we will whack him”’.  This has drawn a response from the Crown Prince saying ‘Do not think the people of this country exist to provide you with position and wealth; the positions exist for you to serve the people.’

A police report has been made against Nazri and he is now under police investigation. And Mahathir has come out in support of the Prince for freedom of expression. What is more important is the comment by the Sultan of Johore that Malaysia could learn from Singapore in its education policy. He reflected on the switch to teach mathematics and science in English and then back to Malay and how it has affected the performance of Malay students in these two subjects. Related to this is the lower proficiency of English among the Malays and the breakdown in national unity with the difference races attending different schools.

Would Nazri also think that this is another attempt by the royalty to be involved in politics? Since the removal of legal immunity by Mahathir in 1993, the royalties have taken a low profile in the politics of the country. Now both father and son of the Johore Royalty are in the limelight again. Would this mark the return of the royalties to play a bigger role in the politics of Malaysia? The timing is expedient with the politicians creating a mess of themselves and weakening their positions as the legal and moral authority of the country. This provides the royalties to stand on high moral ground to say their piece about what is happening to the country and to have a bigger say as rulers and protectors of the people.

How would this new dimension affect the political ethos of Malaysia? Would the royalties return as another force to be reckoned with after an eclipse of 20 years from the political affairs of the country. Would Mahathir and the royalties join hands in a new coalition of forces to take on the ruling govt? Such a possibility would put UMNO on the defensive and would further weaken its hold to power and the support of the Malay ground. It could mark the return of the royalties from the cold to the thick of Malaysian politics and a bigger influence in the affairs of the country.