11/19/2015

Kishore is serious about public public transport system

Our privatized public transport may be due for a change if Kishore Mahbubani has a say in it. Oops, he definitely has a say in it but not sure if he can decide on it. Yesterday at a symposium on Future Mobility he repeated his call for the nationalization of the public transport system to include the buses and taxis.

Kishore said, ‘Singapore’s public sector is world class. But its private sector is not. So if the country wants the best public transport system in the world, shouldn’t the public sector be in the driver’s seat?’  It is so logical and so simple. Now where has Kishore come from? Has he been away for too long that he forgot the original rationale touted by the govt that the public transport must be privatized in order to be efficient? That the public transport ran by the public sector in the past was just too inefficient, in other words the civil servants were not able to run the public transport system efficiently. Come to think of it, was the privatized public transport system ever been run by anyone from the private sector other than the period under Saw?

Actually Kishore knows and I quote why, ‘He said the country should not “remain a prisoner of old economic ideas”, such as the notion that public transport should be privatized.’ He is so polite. He blamed it on an old economic idea and not some wise ones who touted the idea that the public sector people are duds, cannot run a transport system efficiently. Anyway it is good to praise the public sector as world class and this may be very well received. With this as a starting point, the world class people may now be brave enough to challenge the old notion that they were inefficient, so it is time to take back the public transport system to prove that actually they can run the public transport efficiently.

Would anyone be objecting to this notion that public sector is unfit to run the public transport system? Khaw Boon Wan has rolled up his sleeves and wading deep into the MRT problems with his public sector chief and engineers. Luckily he did not go to the world to look for some experts to come here to solve our transport problems. Kishore can quote this as testimony to prove that the public sector can do it.

There is a little snag. It was reported in the media that nationalization of public transport was a clarion call by the Workers’ Party for years. Would this cheeky comment be a game changer not to nationalize the public transport system no matter how clever the arguments Kishore put up? If Kishore is successful in his say, the public transport system will come full circle, from public public transport system to privatized public transport system and back to public public transport system. I think the opposition party camp would be calling this flip flopping.

17 countries in Vienna to decide the fate of President Assad of Syria

What an irony with 17 countries attending a meeting in Vienna to determine the fate on who should be the leader of the Syrians. They are going to decide the fate of President Assad, not the Syrian people. The meeting was understandably led by the Americans and their allies in another of its plan for a regime change. The Russians too were there to make sure the Americans would not have their way to remove Assad, a Russian ally.

China was also represented by it Vice Foreign Minister Li Baodong while the Americans were represented by their Secretary of State John Kerry to take on his Russian counterpart Sergio Lavrov. China’s low key presence was like a watching brief as China’s policy is not to interfere in the domestic affairs of another country. In the meeting China’s position was for the Syrians to determine their own future and to help in the reconstruction of Syria after the war.

The interference of the domestic affairs of another country is fair game to the Americans. Any country watching this sad episode should be aware that their fate would be similar to the Syrians once the Americans take an interest in their affairs and decided for a regime change. Malaysia seems like a good candidate with Najib under siege now that Myanmar is out of the picture. Who else would be a potential candidate for regime change in the Asean region? Indonesia or perhaps the Philippines should there be a challenge to Aquino’s leadership or a big tussle in the next Presidential election, or should the Muslim rebels in the south provides a good opening for the good Americans to step in?

Would another 17 countries be meeting somewhere to decide the fate of an Asean country and their leaders?

11/18/2015

CLOB’s disappearing act

Can anyone remember what happened to those Malaysian CLOB shares that were once listed in our Stock Exchange? Yes, first they became penny stocks, then super penny stocks, that consolidation from 1000 to 1 and from 100 to 1 and ended with practically nothing. This magician act of turning a mountain into a mole hill and then to a grain of sand is going to be repeated in the Singapore Stock market once again.

Many stocks in the mainboard were allowed to be split, just like the CLOB shares to penny stocks and eventually turning into super penny stocks. Who said history does not repeat itself? Only people who did not know history would repeat the mistakes of the past.

The penny and super penny stocks have been given a dead line to consolidate by 2016 or face being delisted. We cannot have a Mickey Mouse stock exchange. Who said so? How come we don’t know and allow our market to be turned into a Mickey Mouse stock exchange? Did we see it coming? Did we see how damaging it will be to allow the value of stocks in the mainboard to become penny stocks by splitting and splitting? Whose great idea was it and what was the purpose of this great idea? To facilitate computer trading or to encourage children to play in the stock market?

So now someone thinks it is not a good idea to have penny and super penny stocks. What about reducing the board lot size to 100 shares or later to unit share? To provide liquidity or to facilitate computer trading again? Again I would like to ask, whose great idea is this and what is the purpose? Oh, more liquidity so that little children can buy with a few dollars in their kitty banks.  What then is the difference between a Mickey Mouse stock market with penny and super penny stocks and a Mickey Mouse stock market with unit shares that cost a few cents or a few dollars to trade?

Got difference meh? Got. Ok, I surrender. Someone said, LPPL. Does anyone want to remember the history of CLOB shares and penny stocks and where it will end up?

The USA pulling out its blue prints to create an ISIS in South China Sea

Watch this video, ISIS was created by the US, VID-20151015-WA0001.mp4. It is only 11 minutes long to open your eyes as to who is the real evil one. The formula was to destabilise the Arab states one by one. The first to go was Iraq and then Libya, and now Syria. The strategy was to keep the Middle East in constant warfare to benefit the war industries in the USA and of cause you know who are the other beneficiaries?

The blue prints said, first topple the govt, then destroy the infrastructure, then destroy the societies and the country will break apart. It happened to Iraq, Libya, Eygpt and many of the North African states and those in the Middle East. Syria is on the way to be like another Iraq.

The second step is to feed the socalled rebels or resistance movements or anyone that would accept the arms, money and training to fight the existing order. Break down the law and order, and keep feeding the fighters. And there you have it, disorder and a destabilised country. And ISIS rules from the ruins. The people were displaced, no jobs, no industry, no schools, no services, basically anarchy. That is the main goal of the Americans, to keep the Arab countries forever at war, countries in turmoil, and be kept at the stage of Stone Age. And they have succeeded exceedingly well. They will keep fanning the war and keep destabilising the region.

The same blue print is being rolled out in the South China Sea. There is law and order and stability in East and South East Asia at the moment. But the US has created an enemy for the unthinking and silly leaders in the region to hate. Now the Americans are pouring money in to the unthinking but willing to take on the straw man as their enemy. They will arm the silly leaders and train them to fight. And soon there will be wars in the South China Sea, and the region destabilised. The silly people will be shouting God is Great and fighting without knowing why they are fighting. And their economies will be in ruins and they will be depending on the USA for more aids and assistance so that they can continue to fight a war they did not know how it happened. What about economic development for their country and people?

Who are the silly leaders that would want to be the ISIS of the region? They will not put up their hands but we can see them standing up to volunteer for it. The Americans are starting with US250m and maybe a junk warship for the Philippines to start with.

Welcome aboard thick heads, to do the killings and to be killed and turn South East Asia into another war zone. Who would be the potential ISIS countries to help to destabilise the region? The Americans will be your strongest backers to supply you with arms and money to fight a war they started for you while your country and economy will rot like Iraq, Libya and Syria. Is that what you want for your country and people?

Oops, my apologies, I am wasting my time. Thick heads would not understand. They just want to have guns in their hands and to act like the Americans, be trigger happy.

The Americans turning their allies into addicts

What does one know about being an addict? Yes it is addiction when the dependency on a drug or something is so great that one cannot do or live without it. The Americans have done exactly this, to convert their allies into addicts for American presence and protection. The American military umbrella now is indispensable, more badly needed than before after the Paris attack. All the countries that were forced into the Coalition of the Unwilling are now accomplices to the act of violating the land of the Arabs and Muslims in the Middle East. They are now trembling in fear that they will be the next target of the ISIS. No one knows where and when the ISIS suicide squads will hit next. But they are sure that the ISIS will hit, only a matter of time and only where.

‘According to Ernest Bower of Washington based think tank, Center for Strategic and International Studies (CSIS), “Countries such as Indonesia, Malaysia, Singapore and Brunei have real and immediate concerns about citizens who have left to fight in Syria and Iraq, and will be returning…After Paris, most Asian countries will be looking to the US for leadership in the counter ISIS fight.’ And Ernest gloated, ‘This will underline the US’ global security role.’ I quote this from an Agencies report dated 17 Nov 15 in the Today paper.

What Ernest did not say is that those countries that were involved in the American’s war in the Middle East, particularly in Iraq and Syria, will be the main targets of ISIS with France being the first victim. The rest will have to wait for their turn to see carnage on their streets. The Americans have succeeded in turning their allies into a high dependency states for American protection by dipping their hands in the blood of Iraqis and Syrians in their joint campaigns in these countries. There is no escape and no where to hide and no one to turn to except to the Americans.

And there is no option to go for cold turkey treatment. Once addicted, forever tainted and cannot get out of the game of American treachery and deceit in the game of death. They destabilized and broke up countries and dragged their allies to do the dirty works with them. The allies will now have to go down on their knees to beg for protection and get more addicted everyday.