6/26/2018

The indignity of being overpaid in million dollar salaries

There was a time when earning a million dollar salary was something to be proud of. Oops, actually it is still something to be proud of anytime and anywhere if one can earn such money as salary. And it is also right to say that dignity comes with such a salary.  But a high salary is not necessarily equated with dignity. Donald Trump, the President of USA gets a US$1 salary a year as a token. Is his dignity diminished or lesser than those who earned more then him? Nay. Xi Jinping, the President of PRC earns less than $30,000 a year. Anyone earning more than him would dare to claim that he has bigger dignity than Xi or Trump? Nay.

Dignity is not the money you are earning, but the value or worth of the person, what is he contributing, able to contribute to country, organisation or society. The indignity part comes when one is earning ridiculous salary and contributing nothing.  

The million dollar, oops, multi million dollar salaries of Singapore's politicians is becoming a joke and the talk in town. No one has anything good to say about this indiscretionary abuse of public money to pay such humongous salary that it is becoming so glaringly clear that it is not right. People who are being paid in the millions but are seen to be contributing nothing or contributing foolishly with silly ideas would never have the dignity associated with the million dollar salary. What they have is indignity and disdain. Instead of the awe and respect they should be receiving, people would be shaking their heads in disbelief when they appeared. And many smug and unceremoniously remarks would be uttered at the indignity of such million dollar salary recipients. They have become walking exhibits of ridiculous and pompous duds. There is no dignity.

Below are a few of the remarks copied from comments in the TRE in an article posted by Phillip Ang on ministerial salary. This is what some people are saying and ridiculing the ministers for the million dollar salary that no longer makes sense and deemed inappropriate and senseless. What dignity can one talk about when the reverse is the reality? I could have copied more of the unsavoury and spicy comments about the indignity of being paid multi million dollar salary when one is undeserving.


oxygen:

FOR A LONG LONG TIME IMMEMORIAL, Ministerial pay was a SCAM – benchmarked to top private sector earners. The top private sector earners are a ROTATING POOL including businessmen or CEO’s of privately-owned business who have built their family business for decades.
IT IS A SURE-WIN BET of no risks and WORST STILL NO PERFORMANCE relevance. In private sector, if no performance, your family business KAPUT.
So how can ministerial pay be benchmarked to private sector earnings of any descript? It is RIDICULOUS TO ABSURDITY.


John Richards:

And I don’t understand why our multi-millionaire Ministers need to be paid hefty and ridiculous bonuses. Bonuses should be scrapped for Ministers. It’s merely a way to enrich themselves while leaving us clueless as to how much they are actually paid per year.

 tremendous:

If we count the total package as is always done in hr, it will not be just $1.1m. It’s not just the ministers but also board chairmen and perm secs. What exactly are their contributions or failed performances for the amounts they make ? Being a leader in the team that cannot solve transport woes ? Being the chairman of a losing sovereign fund ? Or being a board director who failed in oversight of corruption ?


LIONS:


even in PRIVATE SECTOR, a guy running a big bank such as JP MORGAN would logically be paid much more than a bloke running a smallish outfit by and large.
are the PAP folks telling us and the whole world that RUNNING SG is manifolds harder than for the POTUS to run THE MIGHTY USA or that IT IS EASIER for xi jin ping to govern CHINA?
perhaps the PM should compare his pay to that of the PM of PAPUA NEW GUINEA???

6/25/2018

What Kim Jong Un must not learn from Singapore

Yahoo News reported that North Korea has produced a film about the Kim Trump Summit and also how impressed Kim was of Singapore and wanted to learn from Singapore. "But this film lavished praise on prosperous, capitalist Singapore, lauding the "clean, beautiful and advanced" nation and suggesting it had lessons to offer.
"Our comrade supreme leader said he is eager to learn the excellent knowledge and experiences in various fields from your country," the state media presenter cited Kim as telling Singapore officials."

Indeed any developing country's leaders would be impressed with the infrastructure of Singapore and its development and wanted to learn from Singapore. Only those that are impossible to teach or already chose not to learn from Singapore would stubbornly refused to learn from Singapore. But before any country plunged blindly into the mind trap of learning from Singapore, they must be very clear what they want to learn, the good stuff and not the bad stuff.

Among the things that Kim must not from Singapore are the things that China also refused to learn from Singapore. Perhaps it would be better for Kim to have a chat with Xi Jinping first and learn what he should not learn from Singapore.

I would suggest the following things that Kim should avoid with a ten foot pole.
1. Do not pay their govt officials out of this world salaries to become instant millionaires. North Korea has no fear of any govt official becoming corrupt even if corruption is in the blood, They have effectively killed this notion among North Korean officials without the need to pay them crazily.
2. Do not dip into the people's life savings.
3. Do not blindly enhance the asset value of properties. This is a vicious cycle that can only lead to eventual self destruct. In other words, do not allow property prices to runaway uncontrolled.
4. Do not bring in foreigners excessively to take over the country and jobs of the Korean people.
5.Please add on....

Kim must also remember not to lose his country to foreigners or give up his country to foreigners when foreigners become Koreans with Korean citizenship and take over his country.

6/24/2018

North Korea - The white lies would not show you these pictures

Real pix of DPRK:

https://www.mirror.co.uk/news/world-news/gallery/inside-real-north-korea-spectacular-11256230
http://english.hani.co.kr/arti/english_edition/e_northkorea/706249.html
https://www.aljazeera.com/indepth/opinion/north-korea-changing-180418063201529.html

Above two pics were from english.hani and aljazeera. There are more pics of North Korea in the mirror.co.uk link. These are the pictures that the west have refused to show to the world but old pictures of poor and underdeveloped North Korea of the past and lying to the world that North Korea is suffering from abject poverty, famine, food shortages etc etc. The reality is quite stark.

Stop listening to white lies and become slaves of their disinformation. Find your own truth. The above city infrastructure could not be built overnight and did not reassemble any third world poverty stricken cities like in South Asia and South east Asia.

Some impressive statistics on the performance of Bush Jr, Obama and Trump as Presidents of the USA

America's Military Drops A Bomb Every 12 Minutes, And No One Is Talking About It


Authored by Lee Camp via TruthDig.com,
We live in a state of perpetual war, and we never feel it. While you get your gelato at the hip place where they put those cute little mint leaves on the side, someone is being bombed in your name. While you argue with the 17-year-old at the movie theater who gave you a small popcorn when you paid for a large, someone is being obliterated in your name. While we sleep and eat and make love and shield our eyes on a sunny day, someone’s home, family, life and body are being blown into a thousand pieces in our names....

Once every 12 minutes.
The United States military drops an explosive with a strength you can hardly comprehend once every 12 minutes. And that’s odd, because we’re technically at war with—let me think—zero countries. So that should mean zero bombs are being dropped, right?...


But those 70,000 bombs dropped by Bush—it was child’s play. DeGraw again:
“[Obama] dropped 100,000 bombs in seven countries. He out-bombed Bush by 30,000 bombs and 2 countries.”
However, we now know that Donald Trump’s administration puts all previous presidents to shame. The Pentagon’s numbers show that during George W. Bush’s eight years he averaged 24 bombs dropped per day, which is 8,750 per year. Over the course of Obama’s time in office, his military dropped 34 bombs per day, 12,500 per year. And in Trump’s first year in office, he averaged 121 bombs dropped per day, for an annual total of 44,096.

Trump’s military dropped 44,000 bombs in his first year in office.

PS. And America is not at war with any country! All the fighting and bombing were committed in undeclared wars, illegal wars.  Imagine how much money the military industrial complex is making from wars and killings of other people. The Americans are the most peace loving people, the protector of human rights?

6/23/2018

The Historic DPRK Business Mission















From 18-22 September 2018, I am mobilising a historic 5-day Business Mission to the Democratic People’s Republic of Korea (commonly referred to as “North Korea”). 

Following the successful Trump-Kim Bilateral Summit in Singapore on 12 Jun 2018, this initiative will empower and facilitate companies, businesses, investors, CEOs and entrepreneurs to explore and grow market opportunities and possibilities in the Democratic People’s Republic of Korea.

This historic First Business Mission to DPRK presents an exclusive opportunity for discovery and inspiration to uncover and leverage on the diversity that DPRK can add to the global marketplace of international trade and development.

The primary goal of this FIRST Business Mission to DPRK is to provide a dedicated platform for industry leaders and purveyors to meet in open dialogue with key sellers, buyers and decision makers from various industry sectors in DPRK to develop co-operation through projects, trade and investments between market players.

The Focus Industries in this Mission would include the following:
·         Food Retail and Wholesale
·         Information and Communication Technology (ICT)
·         Healthcare Products and Supplements
·         Human Resource Development
·         Hospitality and Tourism
·         Property Development
·         Life Sciences
·         Engineering and Machinery
·         Infrastructure Development

Interested in this adventure?  Come to DPRK with me as a First Mover!

Email Dr Michael Heng PBM@ miko.heng@gmail.com for further information.

Checkout the following News on this
Historic First DPRK Business Mission: