CPF Investment Scheme – Another bird brain scheme to be shelved

Actually not nice to call this a bird brain scheme. Dunno whose stupid idea was it. Ok not nice to say stupid idea also. When it was started, remember, the media was flooded with glowing reports about how such investments in equities would grow in the long term, 20%, 30% etc etc. Definitely, guaranteed, better returns than putting the money in fixed deposits. Sure make big profit one. And every CPF member was encouraged to dump their lifelong savings into stocks. If I am not mistaken, it started with 90% of CPF savings allowed to invest in stocks.

Some 20 years down the road, many CPF members got their fingers burnt until ‘chow tar’. Dunno how many billions were lost in the stock market by CPF members. Anyone dares to print the real figures on losses? It is frightening if you know the real numbers.

The damage control came in and the sum allowed to gamble in stocks, oops, invested in stocks, was drastically reduced, frantically. But too late, billions were washed away in the stock exchange longkangs. Many CPF members are still licking their wounds quietly.

Today the figure quoted by Tharman, ‘The DPM said that 45% of investors made losses while 85% of investors earned less than 2.5% on their OA, thus calling the CPFIS "not fit for purpose". 85% made profits, from when to when? This is only the tip of the iceberg. But it is frightening enough for Tharman to call for a review of this bird brain scheme that resulted in many CPF members losing a big chunk of their life savings. And now the govt is complaining that CPF members did not have enough savings for retirement. And mind you, does anyone know how much is wiped out by the silly asset enhancement scheme when HDB prices were marked and priced to market? And also the billions wiped out by the MedishieldLife plans.

Too late, too late, too bloody late! All the money lost is like water under the bridge. No more, habis leow. Now where is the joker that came out with this bird brain scheme? Cry also no tears left. Who was the pipe piper?

Haze- Saying something good about Jokowi

Actually I wanted to write something positive about Jokowi and his team tackling the haze problem last month but had to hold back when haze struck again. Two weeks had passed and the situation is not that bad after all if one is to look back last couple of years around this time. Haze would have engulfed the island by now and for a month at least if the Indonesians have not done something positive to improve the situation. Since August, we only have a few bad days but still tolerable, thanks to the effort by the Indonesians in what they are doing.

We should not expect the haze problem to go away overnight. This perennial problem was allowed to build up over the years through neglect and tiada apa attitude on both sides, allowing the culprit to think they could get away with murder. The Jokowi team has been on it only a few months and must admit there are clear signs of improvement and we could breathe easier. If the condition can be maintained and better in the next few months, we must send a thank you note to the Indonesians. They meant business and are doing everything they could to curb this annual problem facing the neighbouring countries.

Yesterday the Indonesia pulled out another trump card to make sure the people on the ground, the small plantation owners, understand the seriousness of the haze. The nation’s top Muslim agency was brought in to issue a fatwa against burning forests and making a profit from it. Both are declared as haram, against the teachings of Islam. How much more can we expect the Indonesians to go to control and manage this problem?

This is the first time the Indonesians are putting money where their mouth is. They are working at it seriously, conscientiously. Give them a bit more time and the haze problem is likely to be a problem of the past.

Thank you Jokowi and the Indonesian haze management team.

US bent on starting a war in Asia

The US is going to take unilateral action against North Korea, and behind this unilateral action would be the Japanese, all wanting to get the two Koreans to kill and destroy each other. And the South Koreans are just as eager to do the necessary, and the Americans and Japanese are so glad that this would be so, and there will not be any Koreans left on the devastated Korean Peninsula after an open conflict.

On paper, superficially, the South Koreans are just as mad as the North Koreans, so happy and eager to kill the North Koreans for the Americans and the Japanese. How real is this? Are the two Koreans really so mad to want to destroy each other for the benefits of their Number One enemy, Japan? Sensible and reasonable people would not think so. The two Koreans could not be so mad and stupid to want to do so. But all the sabre rattlings are pointing to an eminent war of unimaginable proportion that would see to the end of the Korean Civilisation.

The Americans, in command of the South Korean armies, had just flown two B1 bombers armed with nuclear bombs over the Korean peninsula as a show of force. Hopefully Kim Jong Un would be really mad and fire at the B1s and scatter the nuclear radio active waste all over the Korean peninsula and across the Sea of Japan. Unfortunately Kim Jong Un is not that mad to do so. But if an accident like a trigger happy Taiwanese NCO pulling the trigger, and all hell would break loose.

The Americans are trying to use force against the North Koreans, while talking about peace. God bless the two Koreans, for they may not be around after such a war. Would they have the wisdom to avoid killing themselves or would the Americans and the Japanese decide their fate and existence as a Civilisation of Korean people?

War is not funny when nuclear weapons could be use. Would anyone be able to stop the Americans from starting another war in Asia? All the silly American allies must be happy to have a war in Asia so that they can have more dead heroes to brag about. For sure this time the Philippines would not be involved under Duterte. He remembered the massacres of hundreds of thousands of Pinoys by the Americans in the early 1900s and would likely be asking the Americans to pay for compensation and reparation for the slaughtering of Pinoys during the invasion and colonization of the Philippines. He has started to ask the American soldiers in Mindanao to go home. He has cancelled joint sea patrol with the Americans in the South China Sea to deescalate tension with China.

Duterte is very clear in what is best for the Philippines. He would not allow the Philippines to be used as a sacrificial lamb to serve American interests. He would not allow the Pinoys to die for the American Empire and turn the Philippines back into another American colony. There is national pride in this man.

Duterte must be very careful for his safety for antagonizing the Empire. Be prepared for a military coup to topple him or an assassination bullet. There are many Pinoys, among the drug lords that could be easily persuaded to do the job for the Americans or a false flag event to knock him out. This is the risk for defying the Dark Side.

Elected Presidency - Outrageous and untenable circular logic

 

　

To the Person Sitting in Darkness

The Person Sitting in Darkness is almost sure to say: "There is something curious about this – curious and unaccountable. There must be two Americas: one that sets the captive free, and one that takes a once-captive’s new freedom away from him, and picks a quarrel with him with nothing to found it on; then kills him to get his land."

 

The above was penned by Mark Twain in 1901 and below was a comment by Duterte blasting at the Americans who thought the Philippines is still their colony and they have the right to meddle with the political affairs of the country.

 

."I am a president of a sovereign state. And we have long ceased to be a colony. I do not have any master but the Filipino people."

 

How could these two statements have any relevance to the controversies over the changes to the criteria and qualifications for the Elected President of Singapore, albeit a practically non executive post, paid in the millions while most of the jobs would be about attending charity events and claiming to be the one that raised the millions for charity, or visiting sporting events and cheering the athletes to give moral support? How important and demanding could such a job be to require so extraordinary feat and expertise but with nothing said about moral righteousness, honour, humility, human kindness, compassion, nobility of not the monetary kind, and the desire to serve the people and country?

 

The thought that a non executive president must possess all the stringent qualities but nothing is needed to be the most powerful man in the country, the PM, is simply nonsensical. Period.

 

But this nonsense does not stop there. This man, after passing through the stringent criteria, needs to be elected to have the moral authority to make decisions on two functions, ie say yes to use the national reserves and the appointments of top civil servants. It would not be ridiculous if things stop here. But no, there is a non elected Presidential Advisory Council to overrule the elected President. What nonsense! The men in the Advisory Council are not elected by the people, what moral or legal authority would they have over a President elected by the people? And in most cases, these men may not even be more qualified than the EP.

 

And there is this presumption that in the event of a rogue govt, the President, a one man show, could rule over a rogue govt? What audacious thinking is that? A rogue govt may be rogue but not stupid, and it is the easiest thing for them to get rid of the EP if they intend to do so. They could even disband the Parliament and rule like rogues, abusing all the powers at their disposal, changing the Constitution, appointing all their lackeys and cronies to high offices and take control of everything. There is nothing to stop a rogue govt.

 

And what is the point of a highly qualified EP, elected by the people, with moral authority, to check on the govt, when Parliament could simply overrule him with a 2/3 majority? Heard of LPPL?

 

And it is the fault of the system that we don't have a minority Malay President for four decades! Oops, it is not the system, it is the racist Chinese population that would not vote for a non Chinese President. What proof? Who said that? Has it ever been proven that it would be the case? Utter nonsense, rubbish. Oh, the surveys said so. Really? What worth are the surveys?

Singaporean Chinese are racist?

If one is to follow the political narrative in the main media the last few days, on air or in print, one cannot but go away with the idea that the majority Chinese are racist. And extrapolating this kind of silly thinking and talks, as this island moves forward, there is a high likelihood that apartheid is on the card if the govt does not do anything about it. The racial issues are getting so bad that several politicians are giving out warnings that things would get worse if nothing is done today, now. Singapore is going to face racial strife and riots in the future.

The statestimesreview posted an article with this title 'Minister Chan Chun Sing and Sam Tan: Singaporeans, especially Chinese, are racist'. The statestimesreview is an alternative voice in the social media and understandably would have a different slant to the official view. Did Chan Chun Sing and Sam Tan said that, one would have to read what the two actually said and decide for oneself. One thing for sure, this is the impression that the statestimereview had from their political dialogue to convince the people why there is an urgent need for the drastic changes to the Elected Presidency.

Actually there is now a massive govt campaign going on led by ministers to talk on this topic and how racist the majority Chinese population is. One joker even said if nothing is done, in the future there will be no more minority MPs, implying that the Chinese would only vote for Chinese MPs. Is this kind of utterance backed up by empirical data of the past voting patterns?

In the latest by election at Bukit Batok, Ah Mu won hands down by beating Chee Soon Juan. What did it say of the racist Chinese voters? Nothing much really as Ah Mu is likely to be Chinese as Ah Mu sounded like a Chinese name. And I heard he could speak Chinese as well. He may look darker in complexion but to the simple minded Chinese voters he must be Chinese and that was why they gave him a resounding victory against another Chinese.

What about Tharman? Is he also Chinese? His name sounds Chinese as well. And he got the highest percentage of votes in the last GE, higher than the PM. I think the racist Chinese voted for him because they thought he is Chinese. It must be, racist Chinese majority would only vote for Chinese MPs/Minsiters. If you believe the current narrative this must be the case.

What about the past, did any minority politicians got elected by the racist Chinese that would vote only for the same race? Who was David Marshall, Devan Nair, Rahim Ishak, Othman Wok, JBJ, etc etc, were they not voted into office by the racist Chinese? And they stood as single constituency candidates, not lompang and got in by GRC, hanging on to the coat tails of a Chinese ministers.

After so many years of national education and national pledges, is the promotion of a multi racial country a complete failure and the govt now have to resort to legislation to protect the minorities or else they would not be voted into political office? You believe in that?

And what is the wonder solution to ensure that the racist Chinese would vote for the minorities? Have a minority president! Wow, this is really a magical formula that can solve a 50 year racial problem. So simple, so brilliant! And after this is built into the Constitution the racist Chinese majority would no longer be racist or cannot be racist?

What do you think?

PS:  Happy Hari Raya Haji to our Malay and Muslim fellow citizens.