Singaporeans are getting richer, not taking public transport

SMRT announced that it had made the first loss after years of profit making to the tune of $86m in FY2018. Among the reasons given for the loss were “higher maintenance staff costs, parts and material costs, depreciation of rail assets and other rail maintenance related operating expenses.” And another big item, falling ridership.
 
Operating expenses gone up from $785m to $838m or up $53m. Revenue fell from $791m to $743m or down $48m. Squaring these two items would see a loss of $101m ($53m + $48m). To end up with a net loss of $86m would mean that there were profits coming from other non train operations like rentals or extraordinary items.
 
Let’s look at the numbers again. In 2017, revenue($791m) less expenses($785m) should give a profit $6m. Similarly for 2018, revenue($743m) less expenses($838m) should give a loss of $95m. Presumably these numbers did not include other non train operations. But this is not true given the data in the above paragraph that show a difference of $15m ($101-$86m). In 2017, SMRT declared an after tax profit of $26m, thus saying the non train operation profit was $20m. Extrapolating the data, non train operation profit also fell from $20m to $15m.
 
Data can be very confusing indeed.
 
Another interesting number is that SMRT made $81m after tax profit in 2016, $26m after tax profit in 2017 and now $86m loss in 2018. What contributed to the big turnaround in numbers? Falling ridership? High maintenance expenses?
 
What is surprising is the announcement of falling ridership despite the population rising every month and moving towards the 6.9m number. Why the rise in population did not turn into more ridership? Perhaps the new citizens and immigrants were of the rich type, the millionaires or billionaires, so they did not take public transport. But his is unlikely the case given that most of the new arrivals were poor jobless third world type coming here to steal the jobs of citizens. So they were more likely to take public transport than buying private cars that cost a bomb that many Singaporeans too could not afford.
 
Then again this could be untrue and could point to the fact that Singaporeans were getting richer and so could afford private cars and thus no need to take public transport.
 
The other possibility was that the cost of private transport had gone up so much while income fell as more and more Singaporeans became unemployed or underemployed and thus could not afford to take public transport. Thus ridership of public transport like trains fell accordingly.
 
But then again, given the number of happy and contented Singaporeans posting how happy they were with their lives and incomes, I must conclude that more Singaporeans are getting richer and going back to take private transport instead of public transport.
 
Or could it be due to the pervasive influx of bicycle sharing companies that Singaporeans were taking to bicycles or Grabs and Ubers? When one becomes a Grab or Uber one actually has the privilege of owning a private car to move around.
 
What do you think?

Singaporeans have a lot of reasons to be grateful to Gan Kim Yong

The latest scheme from Gan Kim Yong is that Singaporeans suffering from severe disability can start to withdraw cash from their Medisave. Can you believe that, taking out your savings in the CPF earlier than you are entitled to? In the past the money in the Medisave is as good as money gone forever, stuck in the Medisave and minimum sum schemes. Now, is this not generous of the minister, to recommend that Singaporeans, severely disabled only, can take their money out in cash, before they die?
 
There is a small condition though, that before they are allowed to withdraw from their Medisave when they are severely disabled, they must also have at least $5,000 in the Medisave. According to Gan Kim Yong, “When a Singaporean is facing severe disability and, at the same time, facing financial difficulties, I feel that we can afford to be more flexible.” He is truly a very kind man. And this change, to allow disabled Singaporeans in financial difficulties to withdraw $50 a month from their Medisave also did not mean that there will have to contribute more to their Medisave. Heng ah. And more heng, those with $20,000 or more in their Medisave will be allowed to withdraw $200 a month! This is like money falling from the sky.
 
And to provide more protection and a bigger safety net for Singaporeans, there will be more new schemes like ElderFund and Careshield Life to help the Singaporeans. CareShield Life will be compulsory of course for those 40 year and younger. The scheme is so good that those older are encouraged to join on a voluntary basis.
 
And the govt will also help by giving subsidies to the tune of 20 or 30 percent of the premium. Singaporeans are so lucky to have such caring govt.
 
The CPF scheme is improving all the years with all the scheming in place and more schemes akan datang. It has changed from one that the people can withdraw at 55 years to the present scheme when getting a few dollars early is like a big blessing, like striking lottery. There will be more improvements going forward and Singaporeans can be assured that they would never be able to finish using their CPF savings as the govt will make sure the savings are protected by many layers of firewalls to prevent Singaporeans from squandering away their hard earned life savings. They can be sure that when they die, there will still be a big pot of gold left unspent in the CPF. Not sure who would benefit from these leftovers when the people contributing them, and should be the main beneficiaries, could not benefit from them.
 
Singaporeans are truly lucky people. One big question, how many insurance does a person need? How many compulsory insurance schemes would the govt force onto the people using their CPF savings that is already not enough for retirement?
 
PS. On a side note, Najib has been arrested for stealing the people’s money and retribution is catching up with him real fast. There is no running away when the time comes to pay back for stealing the people’s money.
 
When stealing the people’s money becomes habitual, it becomes second nature. There is no sense of guilt.

The Day 4th July, Marks the Birth of An Evil White Nation In America

The day 4th July marks the birth of an evil white country in America with catastrophic ramifications for the Native American Indians and for endless troubles and aggressive wars against other countries on earth.

With the birth of USA on 4th July,1776, it marks the beginning of white American compulsion to endless expansion and conquests.It is the beginning of turmoil and endless suffering not only for the natives Americans but also for the whole world.

From this day 4th July,1776 , White Americans put into vigorous sinister practice of their established evil militant religious political doctrines of expansion and domination via the Doctrine of Christian Discovery and the Doctrine of American Manifest Destiny. From these doctrines the White Americans justify their compulsion for expansion, conquest and domination.

They started with the planned systematic elimination and genocide of millions of native Americans and replacing the eliminated natives with imported immigration of millions of whites from all over Europe especially from England, France, Germany, Holland, Spain, Portugal, Poland, Russia and the Baltic states.

During its independence on 4th July, 1776 USA consisted only of thirteen states with a total territory of about six hundred thousand square miles. It soon overran all the self-governing native Indian states which were somehow still nominally under British control. With the conquest of Indian territories came simultaneously the systematic killings, murders, massacres and genocide of the natives .

After the conquest of all the native Indian states , US went on the next phase of expansion. With each new expansion of territories under its control US would encourage and import countless more millions of Europeans to emigrate to America. The next target for US expansion began somewhere between 1840s to 1890s and the target was the coveted rich provinces of Mexico. US would always create an incident to provide an opportunistic basis for starting a war with a weak Mexico. With this insidious evil methods US was able to wrench by coercion from Mexico more than one million six hundred and fifty thousand square miles of Mexican territories in the provinces of Texas, Nevada, Utah, New Mexico, Florida and California.

The Evil Empire appetite for further expansion has not been saturated. It began to look for expansion overseas across the Atlantic Ocean and the Pacific Ocean. From 1895 to 1905 it planned the invasion of Hawaii. The native Hawaiians  put up a fierce resistance before they were overcome with the massacre of over two hundred thousand Hawaiians. Eventually Hawaii was swarmed with hundreds of thousands of white people from mainland America and Europe. Hawaii was illegally annexed by US in 1950s inspite of active native Hawaiian objection.

In 1898 under the ruse of liberating Cuba , Puerto Rico and the Philippines from Spanish colonial rule US declared war against Spain. With the defeat of Spain US refused to grant independence to Cuba and Spain for it reserved the right to inherit the mantle of Spanish Imperialism in these territories. Of course the Cubans and the Philippinos put up a fierce fight to evict the new white American imperialists. Hundreds of thousands of Cubans and Philippinos were cruelly slaughtered by the white Americans in their fight for freedom. Eventually after the Second World War , US was forced to give independence to Philippines in 1948 but with the hidden proviso that US should be allowed to maintain military bases in the Philippines. Cuba too had gained its independence after giving US a hard fight except it still couldn't evict US from the illegally held military base at Guantanamo.

In the case of Puerto and Guam they were too small to put up a fight and so they are still now under US imperialistic rule. US has been using Guam as a huge full fledged military base for further aggression against other Asian countries like Vitenam, Korea and China.

US has been posting endless troubles , instabilities and wars worldwide to achieve their compulsion for total world domination and hegemony. 

US is now coordinating with its Western European allies to disseminate its chronic endless messages of hate, mass fake accusations and wild vitriol fake propagandas against Russia and China because these are the only two countries capable of stopping white Americans the Evil Empire from conquerinng the whole world and from subjecting every country on earth under its total control and hegemony.

Let the free world unite to take down the evil white Americans - the Evil Empire.

Southernglory1

Wednesday, 4th July, 2018

A role model hardworking MP, minister, lawyer

The TRE posted this on Edwin Tong with the heading “Minister Tong: Singaporean will become lazy if we give more.”
 
“In a state media interview with CNA, Senior Minister of State Edwin Tong said that the government is not giving more to Singaporeans because the people will become lazy:
 
“I’ve seen the experiences of the Western countries where the more you give, the more one asks and I think that’s really the start of the erosion of the work ethic that Singaporeans have. Once we start giving, we can’t scale back. You look at our country. We have nothing but our people. If we erode the competency of the workforce and we introduce a policy that undermines the work ethic, I think that’s going to be a big problem for us as a country.”
 
The corrupted millionaire PAP Minister who drew an undisclosed amount from a S$20 million lawsuit defending City Harvest Church fraud pastor Kong Hee, concurrently sat as the Deputy Chairman of the Government Parliamentary Committee (GPC) for Home Affairs and Law. The GPC recommends only a heavier sentencing for senior management of charities after the sentencing of Kong Hee ended. Thanks to his minister-lawyer, Pastor Kong Hee ended up with only a 3.5 years jail term despite misappropriating S$50 million for his wife’s doomed singing career…”

I disagree with TRE on two points. Firstly, Edwin Tong is not a ‘corrupted millionaire’. He is very rich because he is very hardworking unlike the lazy Singaporeans waiting for govt handouts. Just imagine how hard this Edwin Tong is working, being a very busy MP/minister having to attend Meet the People’s Session, Walkabouts and attending Parliament Sessions, he is also a highly demand lawyer with many court cases to attend. And I am very sure he also has tens of hats to wear as heads of this or that company or organisations or association.
 
Edwin Tong and his kind are role models for lazy Singaporeans to emulate if they want to become millionaires without being corrupted.

Edwin Tong’s ‘millions’ earned from the City Harvest Church lawsuit is entirely due to his expertise and he deserved every cent he earns from being Kong Hee’s lawyer. And he has done well to keep Kong Hee’s prison sentence to only “a 3.5 years jail term despite misappropriating S$50 million for his wife’s doomed singing career…” This is money well earned. There is absolutely nothing wrong with earning this kind of fee. You pay for quality like having Susan Lim as your medical consultant.
 
If only all lazy Singaporeans could work as hard as Edwin Tong, and be as clever as him, the govt would not need to give them any handouts, and no one would be accusing them of being lazy. They will all be as rich and successful as Edwin Tong. And for his piece of good advice, Edwin Tong has just been rewarded with a promotion to Senior Minister of State.
 
Those who have will be given more, so says the bible. Stop being lazy and start to work hard and become like Edwin Tong. Then you can also advise the lazy Singaporeans to work hard.

Exposing how China manipulates other countries

The Straits Times gave Bilahari Kausikan’s article on the above topic a full coverage on 1 Jul with a full page including a picture of China’s aircraft carrier Liaoning in a major naval exercise in the South China Sea. This full page article appeared a second time within a week which is a way of saying how important is Bilahari’s view on China as a bad guy.
 
What is Singapore trying to say to China or what was the Straits Times editor trying to tell China with this article is clearly nothing pleasing to China. Is Singapore sending a message to China that it should not trifle with Singapore, or is it telling China that Singapore would not be cowed or pressured by China, or is it saying that unless China treats Singapore kindly or else Singapore would take a hostile stance towards China?
 
The intent and purpose of the article were simply to badmouth China as a trouble maker, a bully, as if China is the only big power that is doing what Bilahari said and no other country is doing the same, all angels. While saying that all countries adopted a series of legitimate or covert activities, persuasion, inducement and coercion, China was unique in the following, ie other countries would not do what China is doing:
“First, the nature of the Chinese state; second, this holistic approach which melds together the legal and the covert, and persuasion, inducement and coercion; and third, the aim of such operations which is not just to direct behavior but to condition behavior.”
 
The message that Bilahari was putting out is that China is not only unique as a state, a civilization state, but doing all the bad things to influence and manipulate other states and this is very bad as other big powers are nothing doing these bad things. That is why he said it is unique only to China. Singapore was never pressure to do the biddings of the American, including sending its soldiers to support the American wars in the Middle East. Singapore did it willingly without being coerced into it.
 
It does not need much intelligence for anyone knowing how evil the American Empire and the western powers were and are, to know that they have been doing the same as China and many times worse than China for centuries. But what Bilahari was trying to do is to manipulate the readers’ thought into thinking that China is the only bad guy doing these bad things. And he is given the licence, the encouragement, the space to have this anti China view published in the main media, the Straits Times.
 
What do these mean in Singapore’s relations with China? Was it not in the recent past that Singapore leaders have been bragging that relations with China is very good? Teo Chee Hian is still in China and saying the same thing, relations very good. If that is so, would the publishing of such anti China articles be conducive and favourable to good relations between the two countries? Or is Singapore confirming that relations between the two states is going downhill and Singapore is hardening its position towards China and is coming out openly to criticize and attack China, to badmouth China, to influence and manipulate the readers of the Straits Times to think badly about China?
 
What do you think? Would a good friend of China be so eager and pleased to publish such articles in its main media that would put China in a bad light?
 
Bilahari concluded his article by asking “what is the point?” and answered himself by saying, “The point is – exposure is therefore the best countermeasure.” In diplomacy, when a country exposed negative things about another country in the media, it is as good as saying, this is the end of the relationship and it is time to burn the bridges.
 
Is this the case in Singapore’s relation with China?