Living with the myth of international exposure

The myth of foreigners with international exposure has become a mandatory requirement for top management positions continues to be flagged everyday by everyone claiming to be an authority in hiring and talent scouting. You need to have international experience to fit the top job. Just look around and ask how many of our top people have international experience. Just look at our past leaders and asked how many have international experience. Ask Bill Gates, Warren Buffett or Steve Jobs what international experience did they have before they were successful? Ask Li Ka Sing what international experience he had before he was successful.

Singapore is not a little village in the jungle and never knew what is happening around the world. Singapore is an open society, a cosmopolitan city. Singaporeans are well travelled, exposed to the world, many of our talents are educated and trained overseas. With free travel, the internet, Singaporeans did not wear blinkers as they go about their lives. The young people are more widely travelled and exposed to the world than anyone in the developed countries. Foreigners from little villages come here for the international experience they need.

What is this beef about having to work in an international organization to be qualified for top management jobs?  Ask the chicken rice and satay seller what international experience is needed when his customers and market are in the housing estates? 

Running the train needs international experience or not? You need international exposure when your business is international. International experience is good to have. You don’t need international experience as a pre requisite to be in top management especially in local companies operating locally with local customers, products and services. If this is mandatory, then all our local companies must be filled by foreigners.

There is such a thing as good to have but not necessary must have. There are things that can be acquired in the process. Maybe this is the reason why our locals are found not good enough for top jobs by our very own locals because of this myth. The unspoken conspiracy is for foreigners to take over the top jobs of local companies. 

Yes, we are one of the top countries in terms of hiring foreigners. Is this something good or is it bad? This is a selling out of the interest of our local talents. It is an accolade that is not an honour and better not to have. Japan would need to replace all their top honchos with foreigners, and so would China, Korea, Taiwan and India.

Just because foreigners said you need foreigners does not mean it is good for you or good for your country and people.  It is meant to be good for the foreigners, dumb twits. Computers and parrots don’t think. But people with a little grey matter must think. Otherwise there is no use for the piece of grey matter in between their ears.

Keep filling the top positions with foreigners. What about sending your Singaporeans for foreign exposures? No need. Then where are you going to get Singaporeans with foreign exposure even if it is really needed? Ask Jack Ma if he got foreign experience. The myth of foreign exposure is like planting a Trojan horse in the brain of a parrot to do damage to his own people without him knowing it.

Parrots, please repeat after me, ‘We need international experience for top jobs.’

South China Sea – A big power contest

The South China Sea dispute is not a dispute between China and some Asean states that the Americans would want the world to believe. It is a contest for domination and control. China is moving in to reoccupy and develop their islands. The Americans are seeing this as an attempt to carve away their area of influence. The Americans are moving into Asia with their Asian pivot strategy to control and dominate Asia and to protect their interests, definitely not of Asean’s. They are trying very hard to conceal this ambitious hegemony motive by stirring up difference in the region and wanting to drag Asean to confront China and allowing them to move into the region as a welcome warlord

The Asean states are not taking the bait. No matter how hard the Philippines and Vietnam tried to push Asean to become a vehicle for American dominance in South China Sea, the other Asean states are staying away, preferring to stay neutral as what Asean stands for. Asean is not going to be recolonised and ruled by any big power and definitely not by the Americans.

The failed attempt by Obama to string a coalition against China in the summit in Sunnylands is telling. But the Americans are not giving up and are continuing to agitate the Asean states to fall in line, that China is militarizing the South China Sea and they need to bring in the Americans to fight for them, to defend them. Yet again, the Americans crying wolf is not getting any attention. The latest, they are going to add another nuclear attack submarine and a new stealth guided missile destroyer to the South China, for peace and stability?

The next move is to exert pressure on the unwilling Asean states to force them to get on board the Empire’s warship. Malaysia is under great pressure. Next will be Thailand and Indonesia. If the Americans could get these three states to fall in, the majority of Asean states will just follow suit.

So far the Americans are seeing their attempt to seed a war in the region failing. With Asean not biting, not stupid anymore, they are falling back on their backups, the willing Japanese and Australians to do the dog’s work, to conduct joint patrols to provoke China.

China is now in a corner and has to hold its ground, to push back the invaders at its door step. China is digging in and moving their military hardware into the South China Sea to make a stand. They will have anti B 52 missiles ready, anti ship missiles ready, anti submarine hunters ready. China has decided that they will have to make a stand or be pushed out of the South China Sea. It is a contest for control and the gun will rule the day. The aggressive Americans have said they would send in more warships and war planes to exert their power to push China out of the region. It is gunboat diplomacy all over like Commander Perry sailing into Japan to force open Japan for the Americans and the British gunboats attacking China once again.

A military conflict is about to flare up. Asean states are best to stay out of this shit or be made to pay a heavy price to fight a war for the Americans only to welcome a big power to rule over them. The South China Sea is a war for sphere of influence between China and the US, nothing to do with freedom of navigation. China is just developing their little islands but the Americans are here to control and to rule the region.

The Americans should stop insulting the intelligence of Asean leaders to think they can con them into a fight with China.

Malaysia’s price for sleeping with the devil

The alert warning on terrorist attacks by UK and Australia is only a small piece in the Empire’s jigsaw puzzle to bring down the Najib govt. The attack on his 1MDB saga continues with the Wall Street Journal reporting that ‘a Saudi official saying that the kingdom’s Finance and Foreign Ministries had no knowledge of the RM2.6 billion donation and that such a transfer into the personal book account of a foreign leader would be unprecedented.’ This is as good as saying Najib was lying. Sorry Najib, the Americans are going to do a regime change and you are the main target.

This is the price Najib is paying for sleeping with the devil and not wanting to do the works of the devil. If Najib had been obedient, all these funny reports in the western media would not surfaced. Who else want to sleep with the devil and think of having wet dreams?

And a commentator has posted this in my blog,

Anonymous said...

Goldman Banker Behind Malaysia Slush Fund Leaves Bank

http://www.zerohedge.com/news/2016-02-24/goldman-banker-behind-malaysia-slush-fund-leaves-bank
.........................
Leissner was the powerful Goldman banker responsible for financing Malaysian PM Najib Razak’s giant slush fund, known as 1MDB.

Amid the ongoing international probes into 1MDB Leissner mysteriously took a leave of absence from Goldman, leaving Singapore for Los Angeles in January.
At the time, Goldman said he was still an employee.

Does the absence of this Goldman banker got anything to do with Najib’s trouble? When are Asians going to learn to be independent and stay away from their former colonial masters and the Empire unless they want to be their lap dogs. Doggie, fetch.

Which country in Asean would be the next target of the Empire? Definitely not Singapore, good boy. Another terrorist alert has been issued by the Australians on Indonesia. It is another way of telling the Australians to avoid Indonesia, no tourist dollars for Indonesia. And the earlier warning about Malaysia is being taken up by the other members of the Empire, New Zealand, Canada as well are telling their people to skip Malaysia. Again no tourist dollars.

Who else are behind the Operational Review Panel telling the anti graft agency to continue with the 1MDB probe? Any foreign fingers pulling the strings?

DBS profit up, share price down

DBS announcing another unbelieveable achievement for the 4^th quarter results. At the rate it is making profit, in no time DBS would be the biggest bank in the world and the most profitable one.  4^th quarter profit up 20%, to $1b in 3 mths. Who is saying banks cannot make big profits like the casinos? And revenue hit $10b or $10.79b in a quarter, extrapolate to one year it would be more than $40b! Earning per share also up from $1.32 to $1.57.

With this kind of scintillating performance, the management must be handsomely rewarded by the millions and well deserving. But please put in the claw back clause for safety reasons, just in case like Sembawang and Keppel. But touch wood it would not happen to DBS. DBS can expect to grow and grow and profit to go up and up like the salaries of super talents.

Now the bad news. Share price of DBS bank was down 18% for the year and this was based on yesterday’s price. Today(24 Feb) its price fell by another 26c.  What is happening, with such good results and no bad news, the share price of DBS is falling like a rock! How to explain this?

Didn’t the investors and fund managers believe in the good numbers and start to rush in to buy up more DBS shares for keeps? With 30c of dividend, it is as good as getting 30c discount. The fund managers and investors are not saying they don’t believe in the results right? And it cannot be a sell on news because the share price has been falling and not rising before the announcement. What is going on, what is happening?

DBS is not like those western banks that reported billions and billions of profits only to reveal a big black hole during the banking crisis and begged the US govt for handouts or go bust. The MAS has a very tight control and would not allow local banks to have their accounts cooked like those western banks, creating billions of profits when the truth is losing billions instead. MAS has a very high standard of control and governance and the scintillating results of DBS or any local banks are real. Don’t worry, we are in good hands.

One possible reason, the computers are doing all the damages. Computer trading is never about fundamentals. It is pure trading and gambling. The computers are programmed to trade against the investors. When investors rush in to buy, the computers will be computing when to sell and how much to sell to make profit against the investors. This could be the case. The investors and funds are rushing in to buy only to be sold down by the computers and the victims are the investors and fund managers having faith in the good results, and  the share price of DBS.

The big winners, the computer traders. And if you look at the volume of trades done, more than 10m shares in half a day, or more than $130m of trades done. This could not be the work of small investors or fund managers trading. It is the sign of computers trading and doing the damage.

DBS, Temasek and GIC and big funds are paying a heavy price to the computer traders that would show them the middle fingers as far as fundamentals are concerned. DBS is doing very well, very good company, top bank in Singapore, Batam and Bintan, oops I mean in the Asia and the world. Why is the price falling like a coconut?

Thank you, computer trading. You are a darling, very good for the market and for long term investors buying on fundamentals.

Singapore is a secular state

I try to avoid this sensitive issue of religion because the unthinking and daft sinkies will go into a rage when something negative about religion is said. We are in the 21^st Century, we have learnt and progressed so far since the days of Adam and Eve, since the days the holy scriptures were written by men and women with their limited knowledge of the universe and science, many, to be frank, were half illiterates. Even a secondary school boy or girl of today knows more of the universe and life than those ancients. How much of their sayings are still relevant today and not regarded as rubbish is one thing. How much of the rubbish spouted by the ancients are still clinging on and held closely in the chests of many highly educated modern men and women is unbelieveable. There is this fear, thought or perception, that the rubbish of the ages cannot be questioned and must not be talked about.

We have religion staring right in your face today, in the pages of the media, imposing but claiming not to be imposing, on the values and way of life of non believers.  Many are claiming to be on high moral grounds to talk down on people, people who have nothing to do with their religion, will not subscribe to their beliefs or values, that the non believers are bad people of low morals.

How many of these people are morally that virtuous behind their robes when the truth is revealed, just like the revelation of John Paul and his relations with a woman and all the hidden excesses by people in the robes of all religions?

Common, give Madonna a break. Give the non believers a break. The MDA has rightly classified the show as R18. What more do you want? You want to run the lives of the non believers as well? Just keep to your flocks within the confines of your religious abodes and doctrines. Leave the rest of the people alone to do what they want with their lives. This is the 21^st Century, no more prudes and pricks, no more pretensions of what is good for one and is so good for everyone. No more living the lives of people of the past. The universe has more than a few hundred billion galaxies out there.

Madonna is lucky and safe that she is living in the 21^st Century. In the ignorant Middle Ages she would be stoned to death or burnt at the stake, and called a witch.  Are we going to return to those dark ages of human ignorance and to allow the bigots to take charge and run amok?

No one, not any religion shall be allowed to impose their beliefs and values on anyone outside their religions and beliefs. Keep religion as a personal and private affair from the secular state.  The secular state and rule of law must prevail. It is a very dangerous precedent to set to allow any religion to think they can dictate their wills, beliefs and values on the non believers, the modern men and women.

As a modern state with so many different religions and beliefs, we cannot slip backward to the medieval times of devils and witches and allowing the mob to go into a rampage to hang or burn people that did not agree with their beliefs, values and way of life.