5/08/2009

From tolerance to acceptance

As we slide down the scale between black and white, the black will first turn to dark grey, grey then to light grey before becoming white. An instant switch from black to white is too harsh and unacceptable. But if we slide it down bit by bit, over time, no one will know the difference or how the change took place when black is being accepted as white. The recent debate on whether homosexuality is neutral is akin to such a slide. In the past, there was no two ways. Homosexuals were not accepted in society. The effiminate males may be tolerated, but not the men who lusted for another men, or women for women. Today we have come to a stage when the general public have accepted these anomallies and accommodated their existence as just another human bean. Even then, explicit or overt homosexual acts are not accepted and still forbidden by laws. There is another section of the population that is very active in pushing for homosexuality to be accepted as normal, as an alternative way of life. If this quest is to be successful, we will eventually see boys dating boys, marrying boys and having sex among themselves. And the girls will do likewise. It could become a fad, a trend, something to be cool about. And the loud and trendy will set the mood and trend. What will happen to the boys dating girls or vice versa? Being impressionable and weak to peer pressure or so call fads and fashion, would these normal boys and girls succumb and feel that they are queer? Would they be ostracised by the homosexual boys and girls and bend backwards, to cease dating the opposite sexes just to be in the in group? Should such a day arrive, the normal will become abnormal, the heterosexuals will become the queer and the homosexuals the straight. We are seeing some of the silent majority speaking our in the letters to the media. If they do not, their reticent will be seen as consent just like what had happened in Suntec City last weekend, when 1414 women set the tone and direction of Aware. Is this what the majority wants? The MOE was very sure about the CSE programme but has now back tracked after some protests from the parents. If there were no protest, no complaints, the CSE programme would still be taught to the children as normal and appropriate. The majority must speak up for their own interests, fast. Failure to do so may turn their normal hetero children into queers for being hetero in the future.

5/07/2009

Oh my god, MOE suspends Aware's CSE programme

'Our aim has always been to help students make informed and responsible decisions about their sexuality in the context of values taught by their parents.' This is a response from an Aware spokesman. Then how could MOE suspend their CSE programme? And MOE found some information in the instructor guide inappropriate but 'Aware spokesman said: "We stand by our CSE programme." She emphasised that the guide is "a confidential document used strictly during the training of the CSE instructors".' Oh my god! Does it mean that no one is supposed to know its content because it is confidential but could be taught to students? Oh my god, MOE suspends the CSE programme in less than a week after investigation when it was officially deemed that the programme was acceptable a week ago, no complaints, fine. What is happening huh? You mean all this while some of the CSE programme were too explicit, inappropriate and promoting alternative lifestyle, were used to educate our young children and only with vehement complaints and an Aware saga that this was found out? Are we looking at the relevant facts or it was just an emotional response without facts? Oh my god, oh my god!

5/06/2009

In praise of homosexuality education

I read several letters in the forum praising Aware for teaching homosexuality in schools. I agree that this is a subject that cannot be swept under the carpet. What I hope the MOE will make certain is the credentials of the instructors and be mindful of those with wrongful intentions that may lead the children down the wrong path, or even harbouring homosexual intent on the children they are teaching. A thorough vetting must be carried out to ensure that instructors are carefully screened. Not that I have anything against homosexuals, but I think gays and lesbians should be banned from teaching sexual education. Let the straight teachers do this job. I know that some may argue that homosexuals should be the best people to teach homosexuality because of their personal experiences on the subject. I choose to defer. Anyone got any views on this?

Was David Widjaja murdered?

This is a very serious question to ask. The family of David is protesting at the Singapore Embassy in Jakarta claiming that he was murdered. This is a big shift from the position first made known in our local media that he committed suicide by jumping down the building. How could his family be so certain when our professionals covering the case, they must be equally certain, that he committed suicide? Even the statements made by all the important people concerned pointed to the suicide road. What would be the truth? A suicide or murder cannot be so vague and grey that two parties are so certain of their opposing positions. Our forensic experts must be able to pin point the cause of death in this case with a high level of certainty. I certainly hope the truth will see the light to vindicate that justice and the rule of law are what our system stands for. And for David to rest in peace and his family appeased.

5/05/2009

Abusing professional integrity

Yeo Toon Joo, an ex senior journalist, wrote a passionate article on the role of journalists and the media during the recent national crisis when two women groups fought for leadership in Aware. Details are in www.littlespeck.com. I can understand his disgust and anger over the state of journalism here. We have perhaps the best crop of talented reporters and journalists schooled in the best universities and returned with first class honours degrees. With such able and capable talents, it is a big waste if they are not assigned to cover more meaty and worthy news than the Aware catfight. OK, I accept that this catfight may be an issue of national proportion to some. But I have my reservation on the importance of this, as Vivian has described it most appropriately, 'petty politics'. Looking across the professions, such abuses of professionalism are quite prevalent and did great harm to the professions as well as the integrity and self worth of the professionals. Many could even compromise their moral principles to deal with things that they should not be doing as an honourable individual. I don't see any pride if the whole system and machinery are harnessed to chase children wearing T shirts screaming, 'Shut up and sit down'. I don't find it funny if senior management were to take buses just to prove that the transport claim put up by his/her subordinate is $1.10 and not $1.20. I don't find it funny if nonsensical reasons were given to justify nonsensical decisions. We have not gone down this road yet. But it will be a very sad day if such things happened. I feel terribly sorry for the professionals if they were to compromise themselves and their professional integrity to do the unsavoury. I am waiting for the day when talented journalists and reporters were assigned to write about gossips of aunties and uncles, about who is sleeping with who, who wears what and eats what, or who did not brush teeth. Would that day come? If it does, it would be the reason why our journalists are unable to excel in what they do, unable to optimise their talents in creative and investigative writings on real substance and issues of great importance. But I may be wrong, as what is important or not is just a subjective personal interpretation.

5/04/2009

Just a thought

If a deviant sect that is banned or not accepted by society to form its own organisation officially, would it be nice to sneak into another organisation and make that organisation its front organisation? By quietly getting all its members to join an organisation, in no time, that organisation will, unconsciously become the official organisation of that sect. This is a thought that just came to me after meditating for hours on the unfolding of recent events. It can happen right? This is not much different from money laundering.

I asked 'Who won?'

Obviously the red shirts lost. And it is easy to think that the white shirts won. Let me take a different look. What do you get when you mix red and white together? Pink of course: ) There are good things and bad things coming out of this episode. For one, Singaporeans are not prone to riotings and burning down buildings today. Singaporeans are sensible and responsible people that will abide by the rule of law and settle their big differences over tea. The women have proven that all the fears of granting permits to Singaporeans to hold parties are unfounded, or at least need to be re examine. I still think that all the education and prosperity did not go to waste, that we have progressed as a people, no longer third world mentality and prone to violence. Can we then examine our heads and ask whether we still need all the controls, and to release freedom of expression in drips and draps to be safe? I was there to take a look, with my camera ready, in case violence broke out. I was disappointed. And I hardly see the presence of the police except for the Cisco guards inside the conference hall. The women have vindicated that Singaporeans are civilised.

5/03/2009

The Aware Battle - Who won?

From an obscure little association of 300 members, it's membership has swelled to over 3000 in a matter of weeks. The association must be the biggest winner in this battle. The old Exco has been returned to power and the new Exco booted out. The new Exco did not stand a chance the moment the church cuts off its support from the group. Otherwise, what is 3000 members, they could get 30,000 or more if they were together. And the voting was all about the composition of the new Exco, that it does not reflect the racial and religious realities of the country. They were seen as being too Christian and too Chinese for a secular organisation. The homosexual agenda was a non issue. Is it that it was a non issue or it was swept away by the forces to remove the new Exco for the way they invited themselves to a party? Apparently, from the lack of interest in discussing the homosexual issue, one can interpret that homosexuals are now an accepted and welcome reality in our society. Their presence was greatly felt in the EGM in great numbers. The homosexuals should take some comfort that they have been accepted by all as part and parcel of our way of life, not queers. They no longer need to feel paranoid about themselves and hide in the closet. In fact, other than a few small groups that have very strong views of homosexuality, no one bothers about whether one is straight or queer. With this issue settled, will the curriculum of the CSE need to be revised, or should the investigation by MOE continue? The EGM has in a way confirmed that what Aware has been doing is what the Aware members want, or what the supporters of the old Exco want. A new chapter of the Aware movement has begun. Or the old chapter will continue to be written the way it was written.

5/02/2009

CSE - No complains means OK?

Minister of State for Education, Iswaran, told the public to get the facts right on sex education in school. 'Get your facts right on what is happening in Singapore schools when it comes to sex education, and do not base comments on "innuendo or information receive on the fly". The schools' sex education programme is based on "the guiding principle that the family is the basic building block of society". 'In a letter, the MOE said the schools "found that the content and messages of the sessions(CSE) were appropriate for their students and adhered to guidelines to respect the values of different religious groups'. And there has been no complaints against the programme, so far. So the MOE has done the necessary vetting and the parents are happy as they are not complaining. I presume that MOE must have consulted the various religious bodies or have religious representatives saying that the programme is acceptable. The latest is that some parents have started to complain about the CSE and MOE is starting an investigation. What is interesting is that though the content of the CSE is posted everywhere, no religious body is coming out to comment on its appropriateness. All adopting a politically correct stance. And a bishop has spoken to distance the church from the new Aware Exco. But where does the church stands on homosexuality? To stand at a distance on the ground that the new Exco is mainly a Christian group gatecrashing into a secular organisation is one thing. Taking a stand on homosexuality and sexual conduct is another. One wrong does not make the other wrong. It will be interesting to see the facts of the MOE investigation and the comments of the NCCS. They are going to be very embarrassing for sure.

5/01/2009

Understand the important issues at stake

My fear of the mindless and unthinking hoards descending onto the Aware EGM is beginning to crystallise. I have scanned through several of the blogs and read the comments of the pro and anti factions to the Aware episode and what came through is that the moral issues were ignored or escaped the interests of the commentators. The issue is now of a Christian group taking over aware in a high handed manner, and this is found offensive. I can only hope that these comments were actually posted by the activitists who have their own private agenda to push and not simply by innocent people taking sides without understanding what the real issues were. There is nothing wrong with a group of activists taking over an organisation within the rules of engagement as long as their intent is honourable. The new exco won the election fairly, or unfairly to some, but this is due to the complacency of the incumbents. No fault of the new exco. They played within the rules and this should not be an issue of contention. The ousted exco can always fight back in the next AGM in the same way, legitimately. By crying foul and bitching around on other issues only reflect badly on themselves. There is no justification whatsoever for the new Exco to resign from their posts. The second issue is that it was a Christian takeover. For those who are less favourable of the religious connotation or have misgivings of Christian groups, this may be offensive and unacceptable. If we are prepared to set this aside, taking the Christian background of the new exco as incidental, and look at what they are standing for, there is another picture to consider. The new exco is awared of their Christian background but has failed to distinguish this from the issues at stake. They should make it categorically clear that it is the issues, secular issues and not Christianity in question, and that they are not there to push a Chrisitian agenda or Christian values but simple human values that transcend all culures, race and religion. What are the issues? Sexual promiscuity and the promotion of certain sexual behaviours and preferences as being normal and healthy. interested parties must look at the content of the Aware CSE curriculum that was taught and adovocated to school children and ask themselves if these are values and behaviours that they are comfortable with, that this is where we should be heading. Some of the things that are taught as normal behaviours are homosexuality, pre marital sex, anal sex, virginity etc. We are a liberal society and many old practices and values relating to sexual conduct and relationship have changed with time. Many things that were forbidden in the past are no longer so. The question is how far are we willing to go as we walk down this path of moral misconduct? Do we want to encourage our children to change the values and all their thinkings and accept the new way of life? Or do we want them to still observe or retain some of these things, or be more discreet about them? To be a little conservative or to be totally liberal about such things is not an issue of absolute right and wrong. And there are preferences by different interest groups and individuals on how far they want to go. What is at stake is, as a society, how far do we want to promote sexual freedom, freedom to choose sexual partners of the same sex, as something normal and acceptable? These are the issues at stake, not how one group took over another group in an association or the colour and creed of the the group. What is important is the agenda and whether the new Exco is promoting their religious righteousness or just some common and universal values. I declare that I am not a Christian or practitioner of any faith. And I am just a normal healthy person.

The power of women

This catfight has hijacked every single issue that we have been discussing. Even the Swine Flu has to play second fiddle to the women and their agenda. See how powerful they are? And everyone, like it or not, interested or not, have been lambasted with this Aware fight. The govt said they did nott want to be involved, but they are involved with the comments of several ministers. The church too is involved indirectly when a Bishop has to come out to make a stand. While the issue is simmering and the pressure building, let's recollect what were the hot issues before this thing erupted. Oh, there was a series of write ups on all the great salary earners, all earning millions as employees. I was wondering what was the agenda, to tell people that it is acceptable and admirable to earn that kind of money? Or to tell people that something is fundamentally wrong, that earning that kind of money as pay is simply atrocious? Or is it paving the ground for more people to ask for more and bigger pay packages? Or is it to say that we are still earning peanuts compare to those big earners in Wall Streets? What is the moral behind the high pay stories? What else were hot? The high HDB prices priced according to the market demand. Now that the private housing prices are tumbling, are we seeing any sign of HDB lowering their prices? No. HDB is not price takers or price followers. HDB is the real market price maker. It determines the prices of public and private housing for the masses, at least 80% of flat owners. HDB is the one that determines the price of public flats and the lower level private flats. All the crap talks about HDB pricing its flats according to the market and private sector is all bull. It is time for HDB to return to its past policies of building affordable flats for the people. Affordable should be defined using the premises of the past, not the current premises when one needs two pay packets and a life time to pay up the mortgages, and for smaller flats. The people shall not be made to pay for a small little space in the air with a big chunk of their income. This is not quality living. In fact the quality of life is declining in terms of space for the family for the money they can buy. The money can be better spent in other areas. Will we see a change in the policies for public housing? Will the people make their feelings on this issue felt in the next General Election?

4/30/2009

YPAP Forum canned?

I tried but was unable to access the YPAP forum. It was not even reflected in the main page of the revamped YPAP blog. I think they must have taken it down. With so many unsolicited pornographic material flooding the blog, might as well close it and start a new one. If that be the case, the resident bloggers would left without a home.

Should the Aware EGM be cancelled?

I wanted to post this yesterday but looks like the police have edged me to it. The Changi Expo venue is going to be hot this Saturday. It will be a good place to watch the girls go walking by. Unfortunately the temperature may be too hot for some. The womenfolk are not going there for a party. Some are very agitated, some very angry. Some may be looking for blood, with their claws sharpened. So now the venue is Suntec City. Other than this, nothing changes. And the agenda is not going to be confined to non sensitive issues. It is highly and likely that in the heat of the moment, things that should not be said would be spoken. The danger of the meeting turning uncontrollable is much higher than a bicycle ride in the park. Maybe it is better to stop the meeting from proceeding, allow temperature to cool down, and let a smaller group to huddle in a more conducive place to smoke the peace pipe. At the way both sides are going about assembling their forces, do not be surprised by the turnout. The combatants are not just Aware members mind you. Some are emotionally charged because of their beliefs and convictions. Should it be stopped, or should they be set free to settle their differences?

4/29/2009

New technology the decisive factor in next GE

Look at how the two Aware excos went about garnering their supporters! The methodology used is so efficient and effective, without the need for direct campaigning on open lorry tops. The age of the new technology has arrived. And this will be the decisive factor in the next generation. SMS and emails will play a much bigger role than can be expected. A personal email or sms from a candidate can be passed from 10 to 100, to 1000 and keep going in an exponential chain reaction. It will cover a large portion of the electorate or at least reach out to every family through one of its members. The next GE will be fought differently. And sms and emails are not expensive and not the exclusive tools of any party. It will be fair game for all. Then of course the 7/24 blogs and forums will be there all the time, for those who want to read them at their convenience.

Possible soldiers of the two contentious camps

Soldiers of the world unite. This is the time for the mother of all battles! What battle? The battle of mothers and mothers to be, and mothers that would not be, will be fought this week end. As both camps rally their forces, the battle cry can be heard across paradise. Tension is in the air. The claims and calls for civility are unlikely to be respected. What will be the likes that will join the two armies for battle? The new exco is likely to draw its soldiers from the conservative camps, including its Christian brothers and sisters. Members from all walks of life, all colours and creed, and religions, who oppose the liberal theme of homosexuality are likely to join their rank. On the other corner will be the old exco, their liberal members and associates, the gays and lesbians, and those who believe in an all inclusive society, and the advocates of a more liberal way of life. They will be supported by those who believe in more tolerance and acceptance of diversities, of how people should live their lives freely. By Saturday, the citizens of paradise will know which side is able to garner more supporters, and which value will prevail for Aware to stand for. And who knows what will happen should it be a 50/50 split. Then there will be a deadlock. Would the combatants be able to control their emotions not to tear at each other? Wow, it will be great to be there. Jack Neo, this is great material for a Singapore movie. And the content is of a very serious nature. The way of life and the way forward to the future.

4/28/2009

Rebel without a Cause

What are they fighting for? Are they fighting for an ideal, or they just 'chion' blindly because someone asked them to do so? We have two parties fighting. The new exco's agenda is very clear, clearer than anyone with eyes but cannot see. They are fighting against homosexuality. Period. The old exco, what are they fighting for? To reclaim their seats because they were ousted from an association they built and owned? Or are they fighting the new exco for their anti homosexual cause? I read Constance Singam's letter in the forum and it posted another angle. The new committee 'does not represent Singapore's racial and religious diversity'. So, is it a racial and religious issue now? That the new exco must have an acceptable racial and religious mix. Is this in the constitution? Wait a minute, Constance also agreed with Vivian that religion should be kept out of petty politics. Where are they heading? Many people are going to 'chion' in the EGM. Some with eyes wide open, some wide close. What are they fighting for, may I ask again? It is nice to fight for an ideal and die for a cause. It is quite silly to fight for no reason, fighting without a cause. Or is fighting a new exco for the way they budged in to take over an association a worthy cause? Hey, they won the election legitimately. Or is the new exco unworthy because they did not have the right racial/religious mix? What is the right racial/religious mix? Under whose definition or whose terms? I think it is better to fight for something more tangible, like money. What is it in for me? How much? People running charity organisations are demanding hundreds of thousands to do so. Monks and priests are asking for equally huge sums to lead the sangha and congregation. These are more real, more useful cause to fight for isn't it? Interesting proposition?

4/27/2009

So much over petty politics

Why are so much effort and resources been devoted by the media over petty politics? The amount of effort put in by journalists and reporters to cover this issue is truly impressive, as good as covering a general election. So much talents were put to good use to follow and research on the squabbling and then to write serious articles on the happenings. Someone should follow up by aggregating the reports both in TOM and cyberspace and there should be enough material for a book. Perhaps a best seller.

The Yodas will not go away

This is what I have heard over the last few days. Singapore needs the Yodas to continue to prosper. What it does not say, or also say, is that the new leaders are just as hopeless since the day they took over the country. And they are just a bunch of never grow up babies, inept leaders that need the Yodas to hold their hands forever. But who are saying such things? It seems that there are plans to institutionalised the forever presence of Yodas in our system. Come on, let’s not run down our A Team as if they are really a bunch of good for nothings. They are men and women in their prime, with many years of experience running the country. They are fathers and mothers in their own right. No longer sucking pacifiers while in bed. How many of you really think that we need the Yodas to be around forever? How many of you endorse the Yoda system? The Yoda system is not exactly bad. It retains the oldies for their experience, talents, fading memories and wisdom as resource for the younger generations. But they must not think that their views, values and ideas are forever relevant. Some may be obsolete or outdated or dysfunctional. The other part I find it unpleasant is the mismatch of cost and gratifications. The Yodas are awfully rich people. While the rest of the workers are getting pay cuts and smaller pay checks as they aged. The Yodas are demanding more or expecting more when their contributions are getting lesser. Sometimes I wonder why they need so much money when they can't do much with them. The gist is that they can contribute and enjoy the glory and power, but don't add to the cost of upkeeping and maintaining their presence. For those who do not know what is the Yoda system, it is about a system of elders, like the Jedi master in Star Wars, hiding in the cave to live for several hundreds, undead, but very powerful.

4/26/2009

Our history book is flawed.

I happened to meet this unhappy father who was disgusted with the untruths told in our history books taught in schools. He explained that today, the history books said Lee Kuan Yew is the father of modern Singapore and he won the independence for Singapore. What's wrong with that? Presumably his history book told a different story. He said in his days, Lim Yew Hock was the one who won independence for Singapore. I am not sure how many people read this version of history in school. I did not and neither did I know of anyone with this interpretation of history. I was telling myself, hey, I must have been taught wrongly as a history and PS student. I told him that the British only gave Marshall self government and a table next to the staircase for his office as Chief Minister. Marshall was so insulted that he protested and subsequently resigned. Lim Yew Hock became the next Chief Minister with internal self government. Not independence. We broke from the British by becoming part of Malaysia in 1963 but gained full independence from Malaysia in 1965. Now he was not happy and not convinced with my version of our history. He threw up his credential as a Constitutional Law expert and that his facts were right. Lim Yew Hock was the one who won independence for Singapore. Self government is independence. I don't know how many Singaporeans are still living with this version of Singapore's history?

4/25/2009

An issue of tolerance or inclusiveness?

I was out the whole day and have just rushed through the news. And Aware is still hogging the limelight as if nothing else matters anymore. And I must say that this saga is getting more interesting with more exciting angles coming into focus. We are now seeing the apathetic and disinterested Singaporeans coming forward to say, hey look, this is not the Singapore that we want and we want to change that. We do not want to see the social mores of this island going down into the gutters. Is this good or bad? One angle is that we do not want any particular interest group, be it racial or religious, to come out and impose its values on the general population. Are the activists in the new Exco of Aware pushing such an agenda or moving into such a direction? For the time being they are not. The govt is beginnng to show its concern with this development. So far it is only commenting on tolerance and be respectful of other people's views and choices. Nothing alarming yet and it does not see Aware presenting itself as a moral authority to replace the govt. As long as the contentious issues are kept within the association, the govt may just want to leave it alone to tackle its own problems. But should the govt detect anything more serious in nature than some individuals wanting to exert their influences in a social club, it may be forced to take a stand. We are seeing membership shooting to a level never seen before. Alarm signals will be raised the moment the govt sees its role in maintaining religious harmony and an authority on social behaviour being compromised. Andthe uneasiness will come forth once the membership each party could muster reaches a dangerous level. For the time being it is just a show and nothing serious. And the govt will be seriously in trouble should it see any interest group trying to usurp the govt's role in establishing certain decent social behavious. When a group like Aware starts to take on a bigger role, we can expect fireworks.

4/24/2009

Demand for news that you pay for

Reading news in cyberspace is free and thus one cannot demand what should be written. But one still has a choice of choosing what one wants to read and which blog or forum to go to. In the case of commercial media, one pays for the news and has a right to demand on what to read or stop paying. Are the commercial media delivering to the consumers what they paid for? I would want to read more about the family of Mas Selamat and how they are coping with his disappearance. I would also like to know about all the big earners, not just the CEOs, but the chairman, board of directors, the top 10 senior executives of high paying organisations. Would the media do some justice by serving their paid customers better with news they want to read and not news that are mountains made out of mole hills? I accept that what is important and readable is a personal preference. And for people who desire to read saucy news and gossips, they know which media to go to. And for those who want something more serious in nature, they too know which media to pay for. These choices are similar in cyberspace. There is a wide spread of blogs with different agendas to feed the big variety of readers, gossips, rumours etc all for free.

Storms in a sick society

The storms are here and to stay. For more than a week, the public are being exposed to the unfortunate sagas of the monk with expensive taste and love for materialism, and the increasing tension between groups of educated women clashing over values of gays, lesbians and Christianity. The best part is that these will be here to stay. No one is questioning what religious people should be or expected to be. And now there is a new interpretation that modernisation, materialism, moneyism are all acceptable norms in religion. The other battle is about tolerance to defiant lifestyles versus traditional or conservative values. Someone asked me if liberalism is equivalent to conservatism, to allow, accept with enthusiasm, or to let live without kicking a row. While the storms are brewing, the celebration or revelation of such tussles as part and parcel of modern life is a sure sign that the society is sick. And while there is no sign of how these sicknesses will be addressed and put right, we shall not be consumed by these raging storms and forget about the bigger issues that we have been talking about and feeling bitter or unhappy about. The old issues of billions of dollars lost, the outrageous high cost of living that are stuffed to the people must not be forgotten while we watch the battles that are going on.

4/23/2009

Aware - Kan Seng's new challenge

I did not want to indulge myself in this catfight which many think is a damn great issue that deserves the attention of the whole nation. But since the media deemed it so important to devote pages and pages of seriously written articles on it, let me just add my few words to the episode. Membership was a paltry 200+ before the new members flooded in for the AGM to stage a successful coup de tat. It then claimed a membership of about 400. Now a counter coup is being planned and membership has shot up to 600+. I reckon both sides will be mustering for more support in the coming EGM and membership may even hit 800 or 1000. And the mood in the EGM is not going to be just a friendly debate. We can expect a fierce cat fight. Just hope that it would not turn into a riot and spread into the streets. Kan Seng better position all this men to cordon off the area and be prepared to fire tear gas and water cannons. For good measures, some canines will come in very useful in a cat fight.

Shameless covering ups????

No, I am not referring to the two silly twits that walked around naked to think that it was cool. I am referring to the obvious, for those who can see them, past and present, the things that were covered up and a different truth being pronounced. Now, are you with me? Never mind. What is very shameful and destructive is that cover ups can never be covered up in this internet age when someone will know the truth and will spill the beans. Cover ups will only destroy the integrity of the system as well as the individuals, their moral standing and respectability as an individual. People in high offices, if they indulged themselves in cover ups or making misleading statements will only fall flat on their own faces. It is so stupid to try to hide the truth. The truth must be allowed to surface and the guilty shall be found guilty. The system and country is going to the pigs if we allowed the acts of covering up to be a norm in our society. Let those who have to fall... fall. Carrying them and covering them up in blankets will not do. It will not only lead to cynicism, it will lead to mistrust and a corrupt and bankrupt system of values and ethics.

4/22/2009

Motor Insurance Scam

No evidence does not mean that there is no fraud or cheating or false claims. And the culprits are a whole lot of people involved in the chain if what the insurance people claimed to know. And everyone is happy. Too difficult to unwind the mess. Insurers simply pay up or face an expensive lawsuit. Cheaper to pay and charge it to the innocent motorists in the form of insurance premiums. What the hell is going on? What kind of country are we becoming when scams of such a huge nature affecting hundreds of thousands of innocent motorists could just be ignored with a shrug of the shoulder? Are we going to accept that this is the societal norm, that cheating can go on because it is too troublesome to nail the culprits? Actually I don't think it is that difficult. Hang a few of them, jail them or make them pay hefty fines and put their faces on the front page of the newspaper, be they CEOs, workshop owners, doctors, insurance surveyors or lawyers or the motorists involved in the scam. We cannot become another Nigeria! Is our country going to the pigs?

Ho Kwon Ping -Spore beyond LKY

There is a followup article on this issue in the media by Ho Kwon Ping. This is a much better piece of things to read than the voluminous pages on cat fights. At least it is something worthy of the money we paid for. Basically the article examined the current status quo and what it would be before it arrives, a kind of thinking ahead, of the problems that may hit us. Ho Kwon Ping's first question is about PAP's ability to 'produce leaders of sufficient calibre that people will continue to support the unique one party dominant system' . Sadly, from all the signs we are seeing, from the policies and decisions made by the present generation of leaders, quite a few are simply doing a great disservice to themselves and their image as leaders. Oh, please feel free to disagree with my observation. It's ok. His second question is whether the future generation can find their way ahead without LKY and the PAP. He has faith that the new generations are much able and capable of taking care of themselves, something that we should be reassured. But this is contrary to the myth that there is no political talents and our best team is so so. See the contradiction? If we can't find any good calibre people to lead today, how can we ever hope of the leaderless people finding their way through choppy times? But I would like to agree with Ho Kwon Ping's optimism, and that in reality there are many able and capable people at the side line and they will step forward when needed. But sadly again, they were not coming forward exactly because of the current system that is hostile or at least inhospitable to their presence and their challenge to the chosen leadership. The system that brought us so far today will be the system that will bring us down, or will be done away with when the opportune time comes. I must qualify that it will not be thrown out, lock, stock and barrel. Only the bad policies and myths.

4/21/2009

Electronic voting system for Singapore?

This is about the most perfect voting system we can think of. We should seriously consider this despite all the worries about how computer can be programmed to produce whatever results the programmer wants it. I read Ng E Jay's blog saying that the US is concerned about such a move. Fear not. Though computer is reputed to produce results according to the input, GIGO, it still boils down to human integrity and honesty. If we can have the most honest and high integrity officers operating the system, we can be sure that the system will function according to what it is supposed to do. Trust me, computer voting is not only convenient but also efficient and accurate. Tust me. I will leave it to everyone to trust the administrators of the system. This is very personal.

Singapore beyond Lee Kuan Yew

3 prominent politically well versed citizens spoke about a Singapore after LKY in a seminar organised by NTU yesterday. Mahbubani, Cherian George and Ho Kwon Ping gave their takes on what Singapore will become by then. There were concerns and optimism that all the things that needed to be done have been done to ensure that Singapore will continue to survive after LKY. But the 'huge political vacuum' created by LKY's sheer presence is very telling on whether anyone can fill his shoe. To make such a remark, it shows that after all these years, not a single one that is being groomed is close to fill the gap. Is this what we called a very successful leadership grooming and transfer process? Why is the best and ablest still fall so fall short of the expectation? Ho Kwon Ping made this observation, "This is not a pent up society waiting for the demise of the strongman in order to overturn highly unpopular laws." He added, 'Rather, the Govt has the support of the politically vital heartland in its pragmatic, incremental approach to change, even as it responds to tomorrow's generation.' These remarks suggest that Ho Kwon Ping has a lot of faith that nothing will change and the heartland is all behind the unpopular laws of the Govt. I am wondering how he came to such a conclusion. My reading is just contrary to his observation. But mine is based on my own reading of the mood of the people and what I have heard and read. The very fact that there is great fear of a split within the PAP is an indication of the differences in the views of the current leadership. And if that be true, how big is the schism and would it be big enough to overturn most of the unpopular policies? As for the heartlanders, they are very reticent in what they feel except for the kopitiam talks and what one heard inside a cab. I have my doubts that the present heartlanders are the same heartlanders of yesterday.

4/20/2009

Should MPs be allowed to have full time employment?

The recent case of Josie Lau revealed the startling discovery that employees holding senior positions in an organisation should carefully review their ability and time commitment if they are to take another important appointment outside their organisation. This is particulary pertinent if both appointments are senior appointments that demand more of their time and effort. A good reference point is an appointment like the President of Aware and a VP position in a big organisation. If such a combination is deemed taxing enough on the appointment holder and to be discouraged, any combination that has more senior appointments than these must be avoided, if not, be disallowed. The rationale of time, commitment and responsibility to wear two such important hats is obvious. Can they really do a good job without compromising on the quality of their work? Unless such a fear is unfounded. Then we look at the job of an MP. Surely this must be at least 10x or 100x more demanding and taxing on the MP than the President of Aware. And what make things worst is that many of the MPs are holding more senior positions than just a VP. Many are CEOs with the responsibilities of the whole organisation. Should the issue of part time MP be reviewed in the light of such concerns? How can such an important appointment be done by part timers?

Son versus Son

This is the gist of an article by Seah Chiang Nee in www.littlespeck.com. I agree with him that this is a good thing for the political development of Singapore and a maturing political elite. I can only hope that the contest will be a contest of ideas between decent men, between leaders of the people, and not a contest of how to fix each other up. Singaporeans deserve honourable men and women to be our leaders.

TOM showing what it can do

Two articles in the mainstream papers show how important it is for the media to take on the role of a watchdog for the people by reporting on news that are important to the general public. One article is about '1 man, 152 board seats'. The fact speaks for itself. No matter what the justifications, the only thing the public can conclude is that this man is of exceptional talent, maybe a demigod. Singapore should have more of such supertalents and we will beat the rest of the world with hands down. The commoners can just carry on with their routine jobs and make sure they don't take on more than one job, even if one is a voluntary job that does not warrant full time commitment. Another important report is on the pathetic state of the motor insurance industry. Both Goh Eng Yeow and Christopher Tan have done a good job in fishing out information that were there but not pick up by anyone or any media. Without bringing these to light, these could be buried for centuries to come without anyone being aware of what is going on. In the case of the motor insurance, accountability and the stick must be used to whack the guilty party, be it insurers, lawyers, workshops, drivers or even the investigating officers. Like Kan Seng said, go down heavily on the culprits and bring justice and fairness to the decent majority of drivers who have been made to pay for the crimes of these dastardly violators of the system. The govt owes the people the responsibility to clean up this mess and bring order to the industry. The crimes perpetuated by false claims and fraudulent accusations and charges are no worst off than the crimes of the loan sharks. I read the ordeal of Henry Phua, who had to be dragged into a long legal tussel and at times even warned as if he was the guilty party. He would have been guilty if he had no resources or the persistence to see justice done. And we would have another miscarriage of justice on an innocent soul. And the parties that when through the whole mischievious acts, apparently without any clue of the truth until the liar owned up. The law must come down hard on everyone who is responsible for the stupidity of letting the case drag on for so long. Bring justice to bear on the perpetrators of misjustice. Let this be made an example to warn those who still think they can continue with the game of deceit and trickery. The public deserves justice and must not be made to pay through their noses through no fault of theirs. I hope no one is sleeping on this issue.

4/19/2009

What are Singaporeans being taken for?

The media had been inundated with spurious reports of cat fights as if Singaporeans are nosey people and have nothing better to do. And that cat fights are really something that is worth reading and talking about. Maybe there is nothing better to print or too much space to fill. But these are all so petty stuff in my view. It is just my view? The other aspect that is more disturbing is that after all these years of development, from illiteracy, poverty to a first world country, the mindset of a helpless, unthinking and stupid people is still unchanging. Did anyone notice any difference or agree with my observation? I am writing based on the comments and attitude coming out from Parliament. Every papa and mama in Parliament are thinking of how well to look after all these lost kids that never grow up and did not know how to take care of themselves. They wanted to set all kinds of rules to make sure the kids are not exploited or bullied in the streets. Even the little boys and girls who suddenly walked into Parliament also think so, that they are now the mamas and papas with heavy responsibilities in their hands. They fear for the safety of the kids, and the only wise thing to do is to set more rules for them to follow in case they misbehaved. Singaporeans are the forever never grow up kids that need to be told how to behave, how to walk, eat and sleep. And the lines are drawn very clearly for them. It is all for their own good. Without these papas and mamas running their lives Singaporeans will be lost, helpless and their lives in jeopardy. Thank god, or thank the papas and mamas, Singaporeans are so well looked after. It is also like when someone puts on a robe, he is instantly a well informed and enlighten person to dispense wisdom of the world for the laymen and laywomen..

4/18/2009

All the hype about nothing

Not exactly nothing, but about 400 women in Aware. That is all the members in the association and the whole country is aroused. The main media went to town with something like 6 pages devoted to the association and recent happenings after non stop daily reportings of the grab for power. And even DBS has to come out in public to rebuke its senior staff for the gumption to accept the appointment as the President of the association. It is only an association of women for god sake, not an association of witches and vampires that could turn the country upside down or cast a spell on anyone that is considered enemy. Have we gone overboard over a none issue? Oops, sorry ladies, it is big issue.

Tea Party protest

The Americans are organizing a nation wide Tea Party protest against the govt of Obama for high taxes and high spending. For the size of America, the protest could easily reach out to millions of Americans and millions will be on the streets or assembling in public areas. Just imagine what would happen when they turn violent and go rioting? They will be out of control and there will be damages to properties and lost of lives. A highly dangerous thing to do. But the protest will go on in America like another Sunday church gathering. And very likely there will be no rioting except for a lot of noise and the people letting off steam in a boisterous way. Compare this with the dangerous cycling event that the WP was trying to organize in East Coast Park. Unimaginable. We were so lucky that such an event was not allowed to be staged, or else it could become dangerous to public safety and security. Now why are Singaporeans so dangerous and not allowed to assemble in groups of 4 or more? Basically Singaporeans are still a bit wild, irresponsible, reckless, a bit uncivilized or primitive I supposed, prone to violence, very typical of unruly Asians. Better if they can be caged for their own good. It will take years before Singaporeans will become civilized, to be like the Americans and be allowed to stage peaceful protest in the public. Singaporeans need to be educated to be peace loving and responsible. We need to learn a lot from civilized countries like the US. One day we will be civilized and will be allowed to stage peaceful protest. One day, but this one day will not be here sooner or in the foreseeable future. The thought of letting Singaporeans on the loose is so frightening. Don’t even think of it.

4/17/2009

Are we capable of thinking for ourselves? II.

The example of the public demonstration in Thailand has been quoted as a bad thing. How could the people demonstrate in the streets, destroying public properties and hurting people, disrupting the economy and breaking down public order and security? Think for a moment, why did all these happen? At face value all these are bad, no doubt. But without understanding the background to what is happening to Thailand and how the Red Shirts were forced into the streets, one will be making a false or wrong judgement on the people and event. Violent demonstators! Guilty, no good, lock them up. Beat them up. Let me post a hypothetical case, say an event happening here in the future. A President Bum is installed at the Istana. He is not happy with a popularly elected PM and his cabinet. He incited the army generals and some groups to wear Yellow Shirts to demonstrate in the streets. He eventually forced the popularly elected PM and govt out of power and installed his own men as PM and govt, without the people electing them. Should the people then demonstrate in public about such an abuse of power or a violation of the democratic system of electing the govt? And if the people do demonstrate, is it bad, is it wrong? Or should the people just accept everything that has happened, do not break the law, do not demonstrate and disturb the peace. Peace and public security are paramount and under no circumstances should people be allowed on the streets. What you think?

Are we capable of thinking for ourselves?

This is the perpetual question that Singaporeans should be asking themselves. Or would they bother? The recent incidents of the Aware election and the Red Shirts in Thailand are two cases that we should be pondering. Or should we let others tell us what to believe, what is good, what is right and what should the way things should be? Let me start with the Aware case. The public was being bombarded with the following positions. The new committee are unknown, no track record, no experience, dunno what they are capable off, and more importantly, they may be up to no good. The only talents and acceptable people to run Aware must be the old horses. Only those who have been there have the right to be there or the right people to be there. Anyone who wants to fit in must be of the same mould or be acceptable to the old horses. A very familiar story. Why can't the public give the new committee a chance to prove themselves, the benefit of the doubt? Why can't the new committee ended as the better team eventually? I am not making any judgement on them without seeing what they have done. They may have different views, values and different ways of doing things. Are these really bad? Do we want to accept that there is only one way, one set of values, and only one group of people possess all the rights and goods and virtues that there is no talent left outside this group to provide a better alternative? Is change always bad? I remember some eminent people said that change is the essence of life. No change no progress. With change, there will be disruption and readjustment, but not necessarily bad. Give the new committee a chance. Give the new talents a chance. Or we have already prejudged that they have no talent? The fact that they could wrestle control from the incumbents proved that they are good and mean business. At least they are able of outfoxing the old talents in their own game.

4/16/2009

Aware's new chief from DBS

The new committee of Aware is headed by a VP from DBS, Josie Lau Meng Lee. The team looks very able and respectable. Why is it that so many comments have been made which in a way have pronounced them guilty or with ill intent? Why is it that people only think of the negative, that these people are up to no good? Guilty before proven! Anyway, looks like Josie may not be able to continue with the appointment as the President of Aware. An official statement from DBS in Today said, 'DBS Bank requires all employees to obtain approval before running for or taking on an external appointment,...It had informed Ms Lau prior "to the Aware election" last night that, although the bank supported her involvement in Aware as council member in her own personal capacity, it was however "not supportive" of her intent to run for president of Aware, a spokesman told Today late last night. "We believe that as a VP in DBS, she already has a challenging job with many responsibilities and the role of president would demand too much of her time and energy."' This is a very reasonable position to take. No matter how talented a person is, wearing two hats or too many hats will definitely affect the quality of work of the person. How could anyone really think that he/she is so talented to wear two important hats, let alone 5, 10 or 20 hats? It will only dilute their attention to what they can do to each job.

Kan Seng has spoken

The police will be tough on protestors, local or foreign, who are bent to create civil disobedience. This is a warning to all who are thinking of creating trouble in the coming major events in the city state. Actually things will be much easier if a chip can be developed and implanted into every resident and visitors here. The chip can then be monitored and tracked by a master computer and linked to satellite technology. The movement of everyone will be known, who they met and where they are meeting will be totally transparent. The chips shall also have the capacity to immobilise the tagged person by the master controller when appropriate. A smarter chip can actually have programmes that can read the person's mind and any evil or criminal thought detected will trigger the chip to immobilise him. A team can then be sent out to pick him up. When such a chip and system are ready, the whole world will be a very peaceful and orderly place. Human beans can look forward to a safe and secure future.

4/15/2009

Of power, freedom and money

In the debate on the Public Order Act the govt has made it very clear on its position on power and freedom of expression. Actually it does not need this debate to tell the story. For more than 40 years, the govt has been defining and refining its use of power to manage the people's freedom of expression and the people's money in the CPF. And all these were done for their(people's) own good. In the next election it will be good that these be made an election issue. All political parties should declare upfront their positions with respect to these issues. They should state how much freedom the people shall have, whether they can or cannot demonstrate or assemble in public, and also how they will manage the people's money in the CPF. The other key issue will be the cost of govt. How many PMs will they need, how many SMs, how many ministers without portfolio in the PMOs, how many deputies and how many deputies to deputies, and also how many mayors they need to run this country. And add all these together to get at the final cost of govt. Struggling opposition parties may want to make a case to pay the PM $10m and ministers $5m to attract better talents to join them in their quest. And if this is not enough, they should be brave enough to state that they needed more upfront before they come to power. I feel the people deserve to be told of the position of the political parties before they make their choices.

4/14/2009

The appreciative new migrants

More than half a century ago many migrants came from neighbouring countries, including India and China. They were actually running away from poverty in their homelands. Somehow it was not possible to start anew in their home countries, or it was not as easy as trying out in a new country. The going was tough. But there was the promise of a better tomorrow. After a life time of struggle, some made it, some didn’t. Some made it in one generation, some took more. Some never. Fast forward, we are seeing new batches of migrants landing on our shores. They too were looking for a better tomorrow. Some were hungry, some not so. But their conditions were never like those who came earlier. The island is much richer, with better infrastructure and a more conducive socio economic environment to start a new life. Many quickly find success in double quick time, with govt assistance and a more level playing field. They are grateful for the new opportunities. So were the migrants of the past. Why are the locals, who were migrants once, feel left out and less happy with the situation? Or do they? I think many just do not bother. Any expression of unhappiness is likely to be personal and not a common reaction of the populace. Neither is the unhappiness that serious a matter that will be troubling to the policy makers. The govt is reviving the grateful migrants formula and will ride on their votes to power again. Equal opportunities for all, new and old citizens. New migrants will become old migrants and the cycle will be repeated again and again.

Criticism of Public Order Act 2009

Why so many criticisms against the Public Order Act? The law is for the good of the people, to protect the people. Singaporeans should welcome more of such laws that are good for them, ala GST. When things are done for the good of the people the people should be happy and accept them with open arms. Criticisms of good acts and intention are misplaced. My only concern is that what if these good laws were abused by a rogue govt or rogue enforcers of the law? Yes, Sylvia Lim is right on this, that it can become draconian. But with good leaders in charge, everything will be fine. Let's pray that we will forever be blessed with good leaders.

Falling in the line of duty

In three months, he had done so much and touched the hearts of many in DBS. Richard Stanley, the well liked and respected CEO of DBS succumbed to more complications and passed away after months of chemotherapy treatment. And from the flood of obituary in the ST, in his short stay in office he must have won the hearts of many. From peers, associates, business partners and union leaders, and all the staff, only good words were spoken of Richard Stanley. DBS also marked his demise with a one minute silence at 2.45pm yesterday. Richard is the first foreign talent that fell while on duty. He came on board and the minibond crisis fell on his lap. He must have gone through agonising time to tackle this crisis and this must have taken its toll on him. Richard was called home at the prime of his life. He could have done much more for DBS and its staff. But when God calls, it is time to go home.

An IM for food hygiene and handling

The criticism is piling up. Now the target is National Environment Agency. Letters were written to the media and the usual is that it cannot happen here. We are the best, first world, world class talents and salaries. This kind of mass food poisoning can only happen to poorly managed developing countries. It is shocking, alarming. What have the NEA done? We need a hero to resolve this crisis. I think Tan Yong Soon is cut out for this job. He should put what he learnt in Paris to good use. Come out with an Instructional Manual on food hygiene and handling for kitchens and food handlers and the cooks. His culinary course must have included these as a major part of the syllabus. The quality and cleanliness of food, utensil, equipment and people are very important to produce good and safe food. Let's have a comprehensive IM for all the hawker stalls, markets and food courts. Or perhaps privatise them would also do. The standard of cleanliness should also improved with privatisation. And if they pay the food handlers and cooks better, better qualified people will become hawkers in markets and food courts. But don't suggest sending them to Paris, please.

4/13/2009

What a genius!

What an ingenious idea! This appeared in the St. Petersburg Times Newspaper yesterday. TheBusiness Section had asked readers all week for ideas on "HOW WOULD YOU FIX THE ECONOMY?" This man nailed it. Dear Mr. President, Patriotic retirement: There's about 40 million people over 50 years old in the work force - pay them $1 million apiece severance with the following stipulations: 1) They leave their jobs. Forty million job openings - UNEMPLOYMENT FIXED 2) They buy NEW American cars. Forty million cars ordered - AUTO INDUSTRY FIXED. 3) They either buy a house or pay off their mortgage - HOUSING CRISIS FIXED. Like I have been saying, they are bailing out the wrong people. We can modify this solution and it would not cost that much. And the govt will definitely be returned to power in the next GE.

Fear is in the air

Since the brilliant grab for power in Aware, there have been many postings questioning the group and its intention. There were many speculations and even talks of bigger things to come and bigger organisations to capture. Why should there be fear as long as the group is legitimate and not criminal? In a democracy, it is all about organisation. The people with the resources and organisation skills will be in a better position to grab power, and then grab anything they want. And with morality at its most perplexing time, when rights and wrongs are all grey, who shall stand on high moral grounds to be the judge of who is good or bad? Let the contest of ideas, organisation, ability and talent begins. And winners take all. Everything is up for grabs to the talented and well organised.

My feedback to the Stock Exchange in June 2005

The Relevance and Effectiveness of Corporate Governance I will like to express my appreciation to the Stock Exchange for asking the public for feedback to improve the trading system. I will just touch on three issues here, A. Corporate Governance and Independent Directors, B. Responsibilities and Accountability of Issue Managers/Auditors, and C. The Roles of SGX as a Regulator and a Business Concern. A. Corporate Governance and Independent Directors Independent Directors can play a very important role in ensuring that companies are proper and professional in the conduct of their businesses. By being involved, and being hands on with company operations, the Independent Directors are by far the most suitable candidates to help in ensuring compliance and due diligence in all corporate matters. However, the current procedures and system of appointing Independent Directors are seriously flawed. It is not the numbers that matter, but how Independent Directors are being appointed to the Board of Companies. When companies and their management staff have the sole prerogative to appoint Independent Directors, when the remuneration and tenure of Independent Directors are dependent on the goodwill of company management, how independent can Independent Directors be? Like it or not, Independent Directors have vested interests to maintain a cordial relationship with the company’s management and even major shareholders. There is thus a need to balance the opposing demands to oversee company operations in a professional manner and, on the other hand, to be acceptable to company management so as to be nominated to the board again. Independent Directors who are too thorough, too demanding, or even becoming whistle blowers, will soon work themselves out of all company boards. They will carry their reputations along with them and will not be appointed to any boards in a matter of time. No whistle blowers can ever hope to be invited to sit in any organizations. They can blow their whistles only once. In order to maintain as ‘correct’ a relationship as possible, and to improve the chances of being reappointed, Independent Directors may have to compromise their positions, and may even restrain themselves in the execution of their duties, thus undermining their roles as the watchdog of company wrongdoings. Recommendation 1 A new procedure to appoint Independent Directors is obviously needed. Independent Directors must be appointed independent of company management. Those appointed by company management have a credibility problem. There will always be a doubt as to whether they can be truly independent if their benefactors are the company management. It is a practical and real issue. The setting up of an unrelated independent body to appoint Independent Directors to company boards is a prerequisite to impartiality and transparency. The position of Independent Directors must not be compromise in anyway if they are to do a proper job. Otherwise it is a fallacy to believe that Independent Directors are really independent. What good is there if all the Independent Directors are either the relatives, friends or drinking kakis of the management, chosen and paid for by the management? A possible candidate to take on this task is the Stock Exchange itself. Or alternatively the Securities Investors Association of Singapore, SIAS, can be appointed by SGX/MAS to assume this role. SIAS is an ideal candidate as it is the representative of small investors who, as a group, represented quite a substantial interest in companies listed in the SGX. The small investors have so far been the victims of all these corporate frauds, and it is time that their interests be taken care of. Independent Directors selected and appointed by an organization representing small investors could fit in this role nicely. No other organization can claim to represent the small investors and to defend their interests. By giving SIAS a bigger role in this area, SGX and MAS can then be seen to be fair to the small investors. For the Independent Directors to be effective, three Independent Directors should come from SIAS and be represented in the Nomination, Remuneration and Audit Committees of the Companies. These committees shall provide the Independent Directors with access to information that affects the health and wealth of the companies. SIAS can set up a department to select, train and appoint Independent Directors under a set of guidelines that best served to protect the interests of small investors, and in the process self regulate company operations and management to comply with SGX regulations and good governance. An added feature is for SGX to emphasise the responsibilities and accountability on all Independent as well as non Independent Directors. Appointment to company boards must not be seen as a birthday party, but a serious undertaking that demands professionalism and integrity. All directors, including Independent Directors, shall be held accountable for negligence, wrongdoings or not doing their due diligence while on the boards. They must be made aware that they are holding in trust the interests of all investors, large and small, and must not be found wanting, or they will be taken to task. They are paid to do a job and this comes with a heavy responsibility. B. Responsibilities and Accountability of Issue Managers and Auditors Issue Managers are the key people who promote and market a company to investors resulting in large sums of monies being invested by the public. The Issue Managers and their associates, especially the management and finance professionals, are the people in the know. They are also the people who prepare the company operations and financial reports. How truthful, accurate and proper are these reports will solely be dependent on the professionalism, trustworthiness and integrity of these professional people. The investors, including professional fund managers, are likely to make their decisions based on these reports and the presentation of the company by the Issue Managers and the management. It is accepted that Issue Managers/Auditors and company management will want to present the best picture they can to the investors. It is their task to sell the company. What the investors and regulators can hope for is that these people are truthful and professional in the packaging and marketing of the companies. They are expected to do their due diligence. They are not expected to make misrepresentation of the companies, or worst, make fraudulent reports to deceive the investors into investing in unsound companies. Recommendation 2 Nothing short of accountability and making good of what the Issue Managers/Auditors and company management made their companies out to be. Caveat emptor is not enough. When there are misrepresentations or wrongdoings, the guilty parties must be dealt with severely. Full restitutions for losses must be made to compensate the innocent investors. The public must not be put in a position where they are at the mercy of Issue Managers/Auditors and company management without any recourse. It is inadequate and unfair when a public issue goes drastically wrong due to negligence or misrepresentation and caveat emptor becomes a convenient excuse. Issue Managers/Auditors and company managers must all be aware of the severity of their actions and the recourse of criminal proceedings if they are found to commit wrongdoings or negligence in the course of listing the companies. The SGX has a duty to protect the public investors. C. Role of SGX as a Regulator and as a Business Concern SGX is now a private company with profit making as a primary objective. Its other role as a regulator is now incompatible with its new status. There is a conflict of interests and the two functions must be detached and managed separately. SGX cannot function as a player as well as a referee in the same game. It cannot be objective when it is also involved in generating profits for itself from the system. Even if it does try to be objective, other parties may not perceive it in the same way. Its dual roles only complicate matters further and will undermine the credibility of SGX. People will always be skeptical of whatever actions or decisions it takes that affect the players and the market. Recommendation 3 For transparency and good business practice, SGX may want to consider relinquishing its role as the regulator of the stock market. An independent agency shall replace SGX to ensure that there is fair play and a level playing field for all the players. No matter how impartial or above board SGX can be, it is in the best interest of SGX for it to be monitored separately. This is to avoid being accused of any complicity whenever a decision is seen to be doubtful in the eyes of the public. An interested party can never be objective in its own dealings. A Side Issue I must raise this issue though it is not directly related to the above. It is very serious and it is affecting the viability of the stock market and the stockbroking industry if nothing is done to arrest the problem. I will make it very short and brief. Before the liberalization of the industry, foreign funds must trade through local broking houses, paying commission for their trades. With liberalization, these huge funds can now trade on their own by setting up offices here. And trade they did at no commission. What this means is that they could literally trade in hundreds of millions of dollars worth of stocks at practically no cost other than the minimal clearing fees and GST. They could thus push stocks up or down at their whims and fancy, making profits at the expense of small investors and traders. The big trading volumes we are seeing daily are thus fictitious. We have replaced syndicate trading of the past with fund manipulations at a more vicious scale. With syndicate trading activities, at least they still pay some commission that will somehow filter back to lubricate the system. With big fund trading today (including proprietary trading), no commission of such nature will be generated. If syndicate trading activities were seen as an undesirable and criminal act, how can we justify fund manipulations as legitimate and desirable, and at no cost? When all the small players and traders are wiped out from the market, when there are no more money to be made from the market, these big funds could just wind up their activities over night, and we will have a ghost town, a stock market devoid of trading activities. It will lead to an immediate collapse of the stockbroking industry. The scenario that I have painted may have been too extreme. But the possibility of it becoming a reality is very real. We have already witnessed the first phase of casualties, the small traders. Most of them have lost their pants or are too fearful to reenter the market. What the SGX may want to consider is to provide a level playing field for the big boys to play. Let the fund/broking houses, the proprietary traders and the private syndicates be the market movers on equal terms. Let them rejuvenate the market and trade within the existing rules. But the terms given to these players shall not be vastly different from the small players and investors. A special levy comes into mind.

4/12/2009

When privatisation is a fear word

Privatisation used to be the key word to symbolise improved efficiency, better quality of products and services and a necessary evil, higher cost. The last part is always unspoken. No body wants to talk about it. Two letters by Ang Ah Ho and Zhuang Kuan Seng in the Sunday Times were literary pleading for mercy against HDB and privatisation. They questioned the role and responsibility of HDB in a tender exercise for Sengkang wet market. It went to the highest bidder, Renaissance Properties, at $500,001 pm. All these make business sense as the new tenants will definitely improve the efficiency of running the wet market as well as improving the quality and services. The residents only see fear of higher cost of basic food that they will get from the market. And they were concerned even in the way HDB framed its reply in a nonchalant way. But they were barking up the wrong tree. HDB is no more a govt organisation. It is privatised, just like the wet market is going to be. And profit is one of its key goals. They must remember how the second batch of Duxton Pinnacles flat owners have to cough out another $200k for each unit because the prices of similar flats have gone up. The residents in Sengkang should look at the brighter and positive side of things. Life style will improve with new concepts in wet marketing. The fish, meat and vegetables will be fresher and of better quality. And the stall holders will probably say thank you when they buy from them. And the higher cost of living is just part of the deal. It has to be. But it will be very affordable. All new housing estates have better quality food courts than the heart of Raffles Place and Chinatown. The food centres at Golden Shoe, Hong Lim and Chinatown are much cheaper, $2.50 can get one a bowl of noodle or rice, mixed vegetable rice or chicken rice. But the quality must be not so good as the food courts at HDB estates, and no aircon some more. Soon everyone will be frequenting food courts in HDB estates. I pray and pray that these hawker centres will not be privatised. Personally the quality of their food, at $2.50, is damn good. But I am biased. And so must be all the happy customers, some wearing ties and Prada frequenting them. Please do not privatise them. Not everybody has a first world income and want to pay first world prices for basic needs. As for the Sengkang residents, they are welcome to Raffles Place to enjoy a $2.50 meal, if they can afford the train or bus fare. For the time being, they should count their blessings. Actually we must be very thankful that the govt did not privatise all the ministries. Of course the quality and efficiency will improve, but the cost of their services will be much higher than now.

4/11/2009

Working is a crime! The officer was in hot pursuit of an illegal worker. He fell, picked himself up immediately and continued the chase. The culprit was arrested. Such is the drive, dedication and commitment of a well trained team of MOM officers in the call of duty. They have a job to do and they did well. Efficiency in the line of duty is hallmark in all civil servants. And one should not forget the exemplary efficiency and effectiveness of our car park attendants. They never miss issuing a ticket if it is deserving. What am I grumbling about? The illegal immigrants were not selling pirated VCDs or operating a gambling den or prostituting. Many were just moonlighting as cleaners and odd job labourers. They were prepared to sweat, work hard, to exchange their labour for a few dollars. Why are they turned into criminals, chased around by govt officers, arrested, fined and maybe even caned? Yes, they are criminals. The law said so. No permit to work is a crime. Period. What about the employers who employed them and exploited them for their cheap labour? Why were they not arrested? Would it not be easier to arrest the employers and terminate this vicious cycle when hungry men and women are turned into criminals just because they want to work? Oh, these are children of lesser gods. Just a general comment. The law is neutral and has no feelings, and inhuman at times. And the law is the law. The issue is the zealousness in the execution and persecuting of the violaters. I would be more at ease if public officers, in the course of their duties, think a little about rights and wrongs, about being humans, about justice and fairness, about righteousness and moral principles. If public officers cannot think or will not think, and leave morals and principles in their lockers, govts will be better off deploying a task force of Robocops, machines that just do within thinking, with no morals, no feelings and no moral principles. I am saying this in general. This sickness is affecting govt officers all around the world, and particularly so in dictatorship or authoritarian regimes. And worst of all, the biggest violators of such inhuman acts is the US. There, children of lesser gods have no rights, and are treated as collateral damages. The hideous acts of public officers when they abused their positions of power are more criminal than the crimes committed by criminals. Sad thing is that they did not think so and think that it is their job, in the course of duty,something to be proud of. A couple of days back there was this woman in China who had her 4 front teeth knocked out by public officers just for protesting about a crime or injustice done to her. Sometimes you would not know who are the real gangsters. I always call George Bush and his team gangsters.

Aware – What a brilliant coup!

They came and took over Aware in an AGM. Veterans and established Aware members were in shock and disbelief. They were caught completely off guard when an army of new members marched into the AGM and out voted almost everyone, and grabbed 9 out of 12 executive committee seats. With the exceptionally high turnout the incumbent committee still did not see it coming. And one by one the old committee members were knocked out of office by brazen new faces, all unknown. How would they dare to do such a thing? Who were they, what do they stand for, how could they just take over an established institution, just like that? No big no small! The old committee members were jolted out of their comfort zone. It was very troubling, alarming, and they made an attempt to challenge the right to take over. Basically they were saying, hey, this is our turf, you have no right to do this. If you want to take over, join the queue and wait to be invited. Unfortunately the new and brash challengers were in no mood to explain the whys. Neither did they bother about the feeble resistance. They simply brushed them aside, irrelevant. Their main concern was to win as many seats as they could. They were well prepared for it, with military precision. It was a coup well executed! Well done girls. Your planning and execution were meticulous and brutally efficient and effective. I am keen to know what is their next target. With such organising skills and talents, they could achieve anything they want to. Don’t just stop at Aware.

4/10/2009

Kenneth Jeyaretnam joins Reform Party

This is about the best news to break the otherwise dull and mindless churning of stale political news. Finally we are seeing a very able young man standing up to carry on the job of his father. I hope no one is going to say that there is no political talents in Singapore and that Kenneth is a no talent. He has a double first like Hsien Loong. He may not have taken the ride in the bandwagon to earn tens of millions in this small pond. But he has worked overseas, depending only on his own talent and skills to earn his keep. I believe there must be many able young people like Kenneth who are waiting to step forward to serve the country and not waiting to be invited for tea. Would our political system be magnanimous enough to welcome these people as they step forward, or will they face the same sad stories of their predecessors in an unkind environment that has no room for talents in the opposition wing? We are watching and the world is also watching as the game is being played. The same old play or a new play with enlightened players sparring but without the viciousness of a medieval society? The entry of Kenneth into the political fray should raise the standard of politicking to a more sophisticated level. I dread that this is the beginning of another round of gutter politics in the making. We shall see and judge the truth from the tooth.