10/31/2010

‘Best losers’ guaranteed seats in Parliament

In his dialogue with NTU students, Chok Tong told them that our Constitutions have been tweaked to guarantee that the ‘best losers’ in a general election will still get to Parliament. At present 9 seats were provided for the losers. Is this a concession, a grace or an effective alternative to having opposition members in Parliament? What is the purpose of having oppositions in Parliament? Personally I do not want to be represented by losers, and definitely not losers that cannot vote when serious issues are at stake. Maybe other people will disagree with me on this. Some may just want to have an alternative voice in Parliament and whether they can vote on issues is not important. Some Singaporeans are smart enough to just want a voice but not to oppose the policies or rock the boat. A little kpkb in Parliament to let out some steam should be enough. After all the govt is doing a very good job and let’s not be too serious in having opposition members in Parliament. There is no need for real oppositions. Consider this as a pragmatic view from some corners of the masses. How many really feel it this way? If they do, then the govt has read the ground well. They may even provide more seats for more losers, as long as they cannot vote. But if this is not the desire of the people, would it make any difference in the coming election? Or would the next general election be a watershed election in more than one ways? Who needs losers by the way?

And we thought George Bush Jr was crazy

The woman was invited to the East Asia summit In Hanoi. Before she even warmed her seat she declared that she was the leader of the summit and she was taking over. And she lectured the Asian leaders on how their territorial disputes should be resolved, in her ways of course. Then she strapped a magnum .457 in between her tights, tugged another behind the back of the Japanese PM and turned to tell the Chinese that she had appointed herself as the mediator for the China Japan island dispute. She did not think the Asian leaders were capable of handling their own affairs and only she has the wisdom and leadership to lead them and solve their problems. The Empire strikes back with a joker. In an era when war between the two superpowers is obsolete, both nuclear and conventional, the Empire can no longer threaten China with the use of force. The silly war games of beach landing belong to the 20th century. Today, any hostile ships within a 200 miles radius of China will be sunk, the bigger the easier. This applies to aircraft as well. The immense fire and destructive power, the sophistication and accuracy of modern weaponry have made war a no option. War is only possible when there is a disproportionate balance of military strength between the two protagonists. Iraq is a good example. China should stand firm and not allow the evil Empire to dictate terms and think that it still controls the world. China should make it know that its territories taken by foreign forces through unequal treaties must be returned, that it will not honoured any treaties signed under coercion during the days of gunboat diplomacy. It is too polite to use such a term. It was a time of gangsterism in international relations when big powers plundered the weaker nations by threats of wars or wars. The injustice should be made right by the light of justice.

10/30/2010

Turning greed on its head

Half a billion is small change to him. When people are buying fast cars as a hobby, he is buying football clubs. That is what money can do when you have enough of it. Peter Lim did not get his Liverpool Football Club. It could be a blessing in disguise. He has just acquired Thomson Medical Centre for half a billion bucks. This in all sense is a much more meaningful buy. And he could make it more meaningful to himself and to the people in the streets. Peter Lim is getting close to a state like Bill Gates and Warren Buffett, though still far away, but he could still uttered, huh, another $500m profit, what shall I do with it? He is comfortable enough that another half a billion is not going to make him a different person or to excite him. So what is he going to do with his new acquisition? To make more profits, to live the Singapore ethos that profit is everything, or to live the Gecko mantra that greed is good? Could he turn the Medical Centre into an institution to benefit the people at large? Medical cost is spiralling up like housing prices. Of course it need not be if there is less greed. Here we have a man who does not need any more small change of half a billion. He could be another philanthropist in the making. What Singapore need is a no frill hospital to serve the people without breaking their bank account for every admission. We need a hospital to make a point that medical and hospitalisation fees need not keep going to the sky. Would Peter Lim answer to this higher calling, that making money and more money is not the only reason to live? That money shall be made to good use, that one’s good fortune can be share with the common folks and the less fortunate. No one is going to begrudge him should he take the conventional path, to turn it into another successful business enterprise, and making more money for himself. And one day he will join Gates and Buffett, to give the money away because he just have too much of it.

10/29/2010

Temasek Review, New Temasek Review

I thought Temasek Review has changed its name to New Temasek Review. I am pleasantly surprised to see the original name reappears again. This is a good sign.

The USAS

The hysterics were unbecoming. Who would expect the Australians to behave like third world countries and kpkb just because some entrepreneurs saw a good opportunity to raise their bets in the merger of the two stock exchanges? The Australians are behaving and jumping around like some of our neighbours, rearing the ugly xenophobic face of little townfolks. Can any of the politicians see any good in the merger? The benefits that can spew out of this venture are tremendous for both sides. For Singapore it is obvious. We can break out from the constraints of a little dot with Australia as our hinterland. We can proceed from here towards a greater economic and social integration, a kind of United States of Australia and Singapore. Of course, political integration is something that we shouldn't talk about at the moment. This will release a lot of pressure from our system, particularly the constraints of land, which is self inflicted in the first place. More Singaporeans can move on to the big island and relieve the pressure in the property bubble. Provided the thick heads did not stuff in more foreigners here to replace them and everything back to normal. Our dependent on food supply will be solved with the agricultural products from Oz. The advantages are enormous and can fill the pages of a library. Same for Australia. We will help Australia to effectively plug itself into Asia, as a member or extended member of Asean. The dynamism of this little dynamo can be infectious, and together with the liquidity here, it will be boom town Charlie for Australia. Growth will be everywhere, in all sectors. The Aussies can continue with their laidback lifestyle and enjoy the boom while the Sinkies will do the donkey work for them in developing this big island. Win win huh. The USAS is still the longer term goal and not far fetch. Australia, New Zealand and Singapore have been cooperating for 40 years in the 5 Nation Defence Pact. We have a similar history and colonial system, and colonial mentality. I think Singaporeans would welcome the chance to sing God Save the Queen once more. And Peter Lim can buy Liverpool and be welcomed as one of time. In fact we can buy up all the British football Clubs as well, once we become a part of Australia. Then we can bring the English Premier League to play in the Golden Triangle of Singapore, England and Australia. The possibilities are unimaginable, starting from just this humble begining of a ASX-SGX merger. Think about it mate.