Malaysian EPF paying 6% interest

The Malaysian EPF has been consistently paying an interest rate of between 5 to 6% for the last 10 years. How is this compares to our 2.5% and 4% interest rates paid by CPF? Damn shiok right?
 
Now how could the Malaysians do it? They employed fund managers and so did our govt. They are likely to invest in a basket of financial products like us. It would be the greatest joke if their investments are chalking better returns than our world best fund managers. They could not be doing anything too different from us. Cannot be right? How then could they pay that kind of interest rates for so many years?
 
It would be patronizing to assume that their returns are lower than ours and still able to pay higher interest rates. Let’s be fair and presume that both perform just as well in ROIs. So, if the Malaysians are paying higher returns to their EPF owners, then the fund managers must be getting much lesser in salary and bonuses or they are returning everything they earned to their fund holders.
 
I think this is it. They did not engaged world best fund managers at world best pay, so the savings could count a lot and could end up paying better returns to their EPF owners. Explaining it in this way is not too complimentary to our fund managers. Our fund managers must be better and making better returns for the money they are being paid. And the lower pay out could or might be due to other reasons that we are not privy to.
 
Overall, it must be value for money. If we are paying so much we must be getting more in return. Tio Boh? But still doesn’t answer the discrepancy that the EPF can pay so much but with our world best talents our CPF are paying so little.

"We pay people what their job is worth................"

"We pay people what their job is worth and what the quality of the people is worth..............." Does this statement impute that the presidency and the ministerial posts in Singapore are heavier and of greater gravity and responsibility than those of USA, Russia, China, Germany, England, France, India Indonesia and Brazil and therefore needs to command  premium salaries many times higher than the others.

As regards the quality of our president and ministers , do they measure up to that of President Putin of Russia, Merkle of Germany, Xi Jingping and Li Keqiang of China and those of the aforementioned countries. In both cases they do not and therefore their salaries should henceforth scale down to more commensurate level say forty to fifty percent that of the salary of Obama or Merkle or Putin. Singapore is very much let down by our president and ministers. They have four of the five proverbial blindness viz blind to injustice, blind to their incompetence, blind to the righteous, blindly engaged in war and blind to the citizens' well being and all this would eventually doom the state to fall and the people to suffer more.

They do not seem to care that their sinful unrealistically high salaries, the COES, ERPS and GSTs have a very high negative and direct impact on the peoples cost of living and therefore a great burden to them.  They don't seem to realise that the high cost of HDB flats, high cost of transport and high medical cost is a nightmare to the people at large never mind what Koh Boon Wan said about paying only $8.00 for a heart operation.

Many of the government's policies and governance are poorly thought out especially regarding the workers' CPF , foreign talents and intake of hundreds of thousands of immigrants into this tightly sardine packed island and these have a great detrimental impact on the lives of Singaporeans. The president and ministers should  'Walk The Talk' and not talk 'NATO'.

5 kinds of blindness worse than being blind

In an article written by a David Wu and Tanya Harrison on music in The Epoch Times they mentioned an ancient blind musician by the name of Shi Kuang. When the emperor took pity on his blindness he told the emperor that his blindness was nothing. There were 5 kinds of blindness that were worse than his.
 
He said, ‘when a king was blind to injustice, blind to his official’s incompetence, blind to the righteous, blindly engaged in war, and was blind to his subjects’ well being, his state would be doomed to fall and his people would suffer more.’
 
This little ancient wisdom can be applied to modern day states and the state of blindness of heads of govt or country. Any head of govt or country that lives with the 5 blindness will soon see his country’s doom and his own doom.

CPE will not take legal action against student blogger Han Hui Hui

Media Release

STATUTORY BOARD WILL NOT TAKE LEGAL ACTION AGAINST STUDENT BLOGGER

Court Action Discontinued as Parties Arrive at Agreement

SINGAPORE, October 8, 2013– Han Hui Hui, the 21-year old Singaporean student blogger who was threatened with a defamation suit by the Council for Private Education [“CPE”], has agreed not to proceed with her challenge in Court against the statutory board. The CPE has agreed not to take any action against Ms Han for defamation.

Acting for Ms Han, lawyer Mr M Ravi believes the matter has come to a happy outcome for his young client. “I am so proud of Ms Han’s conviction. She has not shied away from a fight and through her persistence and activism, Ms Han has raised awareness on this issue – Singaporeans should have a reasonable expectation that they will not be sued for defamation when they question or criticize a public authority.”

Through her challenge, Ms Han was asserting in the Singapore Court what is known as the “Derbyshire Principle”: plainly, that individuals should be free to criticise government institutions and their agencies without fear of being sued for defamation. The principle has been adopted widely in the Courts, beginning in the United Kingdom (Derbyshire Town, for which it takes its name) and following in Canada, Australia, India, South Africa and Malaysia. In the United States, this principle has stood for nearly a century and its purpose is to allow free and fair criticism of public institutions by the citizens who both fund them with their tax dollars and are governed by them.

“I hope that Parliament will act soon to amend the Defamation Act to ensure that government agencies do not continue to use the tax-payers’ dollars to fund actions against their own citizens in Court. The government – particularly in Singapore where the mainstream media is state-controlled – has ample resources and opportunity to respond to any inquiry or criticism raised by the public without resorting to punitive civil action against private individuals” states Mr Ravi.
 
Han Hui Hui and fellow Singaporeans should say a big thank you to brave and upright lawyers like M Ravi to stand up for them. Many had in the past decided to back off and even pay compensations to rogues that were in the wrong but used the weight of the law and their big bank account to bully innocent citizens and abusing the courts of justice. Without professional and civic conscious lawyers like Ravi, Han Hui Hui could go the same way if she could not find anyone to represent her without bankrupting her with legal fees.
 
Thank you Ravi and the likes, if there are any of you in the community

Education quality to be improved

In his dialogue with Poly students yesterday at the 17th Polytechnic Forum, Heng Swee Kiat said there was no need to build another polytechnic. The five polytechnics should be adequate for our needs. What is lacking is the quality and this must be improved ‘to make learning more engaging and valuable for students’. This about sums up the education and job situation here at the moment.
 
We are producing enough graduates but lacking in quality. The problem is solved by importing good quality graduates from the third world and they have the numbers we need. In the meantime the urgent matter is to raise the quality of our world ranked education system to compete with those in unranked education institutions in the third world countries. They have got their education system right while we got it all wrong. We are like getting all the branded goods, brand names, but all fake, unusable and of poor quality.
 
The issue of improving the quality of a flawed education system will take a longer time to correct. While the MOE is doing it, perhaps it would be better to correct the clear and immediate problems by sending our students to the third world countries that are producing all the great talents that are replacing our daft graduates. The second step is to send a few teams to these third world countries to learn from them on how to produce graduates that are better than our universities and polytechnics. And certainly, even if the quality does not improve, the cost will be much cheaper if we engaged all their top professors, lecturers and teachers to replace the robots that we are using to teach our students.
 
With this two prong approaches, we would be able to save a lot of cost in education and produce good quality graduates as well. We may not need all the world ranked universities and polytechnics by sending our students to universities and polytechnics in the third world countries. No need to pay expensive western professors and lecturers, no need expensive education institutions and infrastructures, no need to sell ourselves as the education hub when we are producing not employable graduates or graduates good only for second or third tier management, etc etc.
 
That’s the way to go, cheap and good, very good and very cheap.

Meetings of world leaders should be like this

Photo courtesy of China Daily
Vladimir Putin celebrated his birthday in the idyllic island of Bali. Among the party guests were the Prime Ministers and Presidents of the Asia Pacific and Asean countries. Xi Jin Ping was there too. And Putin had the honour of another President in Yudhoyono strumming the guitar and playing the birthday song for him. And all the PMs and Presidents sang Happy Birthday to Putin in a relax and joyous moment like an old boys' club. What an evening.
 
In a gathering of world leaders, it was about caramaderie and friendship, about building bridges and relationships. It was not about threats of military actions, sanctions or signing military pacts. It was not about warning countries that their national interests means the country has a right to thump table and expect other countries to let them run roughshod in their neighbourhood.
 
The APEC Asean summit was like a birthday party, about peaceful pursuits and trades, not about big bullies threatening everyone that they are here to stay, bringing their guns and warships, and to sign defence treaties to prepare to fight one another.
Happy birthday Putin. And what a gracious and charming host in Yudhoyono. It was a Bandung gathering of a different kind in a different time when Indonesia again played hosts to world leaders.

US Evil Militant Doctrine of Perpetual Warfare

China And ASEAN as well as all other countries should be aware of US Evil Doctrine of Perpetual Warfare
                                                          
China and Asean countries have both in the recent past shared the unfortunate fate of being occupied , colonised and badly exploited by the West and therefore they should now be more vigilant and wary of the West headed by the Evil Empire - USA . US has an evil militant doctrine of perpetual and permanent warfare. Under this doctrine US and the West will consistently and incessantly psycho, provoke and incite other unsuspecting countries to fight and go after each others throats while they will sell weapons and military hardware to the pathetic warring countries . US find this insidious doctrine of perpetual warfare necessary and essential because of its huge mongous war industries . The war industries employed hundreds of thousands of employees and are owned by warmonger capitalists who sit in both Wall Street , The White House , Congress and The Senate as well as in CIA and The Pentagon. These war industries serve the multi purpose of not only earning the warmongering capitalists hundreds of billions of dollars annually but also enable US and the West to control the natural resources of other countries as well as allowing US - The Evil Empire to hold hegemony and have complete control of all countries in this world.

China and ASEAN as well as all other countries must not fall into the trap of being psychoed and incited to go into warfare among themselves just because of imaginary, flimsy and frivolous grounds or reasons played up by The Evil Empire - USA.

Southernglory1

Read the article below and watch the video by CORBETT

Re: Who Is Really Behind the Syrian War? - YouTube
Inbox

We all know that the US government is the greatest warmonger in the world.  Without wars, big or small, how do their weapon manufacturers sell their weapons? This group of ppl have great influence in Capitol Hill.  So they go around to instigate revolt against legitimate governments around the world using the flimsiest excuse to wage wars in these countries.  Iraq is the case in point.  Where are the WMDs?  None.  But look at the state of affairs in Iraq.  It is anarchy all round.  Libya was next and now Syria.  Now they want to pivot to Asia.  China is their target.  They tried the Jasmine revolution but failed and now they try to get their minions, like the Japanese lap dogs, the ingrate Vietnamese government and the spineless Philippines government to do their dirty job by needling China into localized wars in the South China Sea over island disputes so that they can go in to hammer China invoking their so-called joint defense treaties. 

China must exercise the greatest restraint not to provoke a military skirmish, thus giving the US the long awaited excuse to launch another debilitating war.  China must concentrate on improving its internal security, (against the separatist elements in Tibet and Xinjiang) strengthening its defense capability and furthering its economic power. 

Militarily, China is no match against the US at the moment except maybe starting a nuclear conflict in which there will be no winner but mutual destruction.  Remember the US was the one who dropped 2 atom bombs in Japan in WWII.  Now sworn enemies of yore viz Japan and Vietnam are bedfellows with the US against a rising China.

Without the internet to show real footages, I would have thought that the US is the 'good guy'. Now I know the US and its leaders are just as devious and they have their agenda to bring down Syria as they have done with Iraq. I have learnt not to trust the politicians any more.

Like to share the following link on the Syrian saga.   the video is from Corbett Report, an independent podcast on politics, society n economics.   it was started by a Canadian James Corbett.   what is worrying is retired USA general Wesley Clark's comments of a plan to get rid of 7 Muslim countries in Middle East, viz Irag, Lybia, Syria, etc.

 http://www.youtube.com/watch?feature=player_embedded&v=cCdaExnIpGs

China and ASEAN as well as other countries should beware of US evil militant doctrine of Perpetual Warfare

China and Asean countries have both in the recent past shared the unfortunate fate of being occupied , colonised and badly exploited by the West and therefore they should now be more vigilant and wary of the West headed by the Evil Empire - USA . US has an evil militant doctrine of perpetual and permanent warfare. Under this doctrine US and the West will consistently and incessantly psycho, provoke and incite other unsuspecting countries to fight and go after each others throats while they will sell weapons and military hardware to the pathetic warring countries . US find this insidious doctrine of perpetual warfare necessary and essential because of its huge mongous war industries . The war industries employed hundreds of thousands of employees and are owned by warmonger capitalists who sit in both Wall Street , The White House , Congress and The Senate as well as in CIA and The Pentagon. These war industries serve the multi purpose of not only earning the warmongering capitalists hundreds of billions of dollars annually but also enable US and the West to control the natural resources of other countries as well as allowing US - The Evil Empire to hold hegemony and have complete control of all countries in this world.


China and ASEAN as well as all other countries must not fall into the trap of being psychoed and incited to go into warfare among themselves just because of imaginary, flimsy and frivolous grounds or reasons played up by The Evil Empire - USA.


Southernglory1

How to save the USA?

The US govt is on a shut down mode. And two weeks down the road it is faced with a more serious problem, to raise its debt ceiling of US$16.7 trillion to a higher ceiling. Failing to do so will mean the American would run out of money, unable to pay interest on US govt bonds. It will be the first default in American history, that they could not service their loans.
 
My God, with a debt of US$16.7 trillion, they owed China US$1.3 trillion and Japan US$1.1 trillion, and nearly all the countries in the world and they want to print more money! And this country is talking about how rich it is and that it can afford to conduct wars everywhere and pay its soldiers to do that, buying more and more expensive military hardware, when it is already broke! It needs to print more money just to get by. In a way it is a bankrupt nation if it is not allowed to print money.
 
And the Americans are still consuming like hell, spending like hell, and enjoying like hell. How long can this go on? How many more times can it kick the can further down the road before there is no road left?
 
What the Americans need is a big electric jolt. Another way, as someone told me, is for the Americans to find a Lee Kuan Yew to run the show. This is the greatest statesman on earth and still alive, to save America. He also needs a bigger stage than the little piece of rock in red dot. We can loan him to the Americans where there is still time, though not much.
 
A big jolt is needed to get the American out of their senses. Obama could simply go on national TV and tell the Americans that the Chinese will overtake America as the Number One economic power if Congress still wants to play with fire and not to approve the budge and not to print more money. The thought of America being second to China, or having a Chinaman as President, will send fears down their spines and will wake up their ideas. They still did not know that they are in really bad shape, with a debt of US$16.7 trillion while China and Japan each is sitting on a reserve of more than US$1 trillion each.
 
Wake up America or we will send you Lee Kuan Yew. If that does not frighten you, then be prepared to be Number Two, no longer calling the shot, no longer be able to threaten other countries with regime change, no longer the sheriff of the world. You are bankrupt.

Fatimah Akhtar’s speech at Hong Lim Protest

Below is a short quote of Fatimah’s speech at Hong Lim last Saturday. ‘Fatimah is a trained architect with an intrepid interest in globalisation. To date she has lived and worked in Hong Kong, Middle East, Europe and Japan with active working experience in Greater China, Australia and Africa. She has immediate family members that have lived and worked in more than 12 countries partaking in almost all the boom and bust stories of emerging and developed economies. Where ever she is, she has no doubt that Singapore is not only home but CORE identity. As such Fatimah has the first-hand experience as a foreigner in other people’s country. Since coming home, she has the ultimate experience in being a foreigner in her own country like the rest of Singaporeans.’
 
“Middle East experience really opened my eyes. Gulf Arabs have been dealing with foreigners outnumbering them since 1970s. They have gotten used to rampant fake certificates and untrue CVs. The don’t even bother to weed them out. However, the market developed to the point where it is unlikely that a worker from third world countries will be allowed to hold key positions. The typical advert will read “Candidate would need to graduate from a reputable university”. “Reputable” refers to western countries, Singapore, Korea, Hong Kong and perhaps Malaysia. The salary of a true blue Singaporean working for Emiratis is easily 2 or 3 times that of an Indian or Pinoy as the Emirati believes that we can get the job done and not them.  “Hiring practice governed by law have to prioritise Emiratis, followed by regional Arabs”
 
Back in Singapore, because of racial and nationality enclaves foreigners are able to pay themselves well. They boasts how much better paid they are then we are and keep us out in the picture. By the way, out there we are paid as much as ang mos if not better. You see, it is rare for the Ang Mo to have a skill that we do not have. Hiring practice governed by law have to prioritise Emiratis, followed by regional Arabs. Then reputable nationalities fill key positions, others occupy rank and file positions. Nationalities from countries that perceived not to be reputable have very little chances of even occupying middle management roles….”
 
The full text of Fatimah’s speech is posted at TRE under the heading ‘3rd PWP protest speech by Fatimah Akhtar’. It is worth reading to see how Sinkies have been shortchanged and programmed to think and behave like fools in their own countries. It shows how smart the Arabs in Dubai were in the way they dealt with their foreign workers and putting them in the right place. It also shows daft we are to be bullied, discriminated and blackmailed by third world rubbish talents. It is really a sick joke, that first world talents are fearful of third world thrash and hold them in awe.

Uneasy population numbers

Our population hits 5.4m according to the latest report. Citizens make up 3.31m, PRs 530k and Non Residents 1.55m. Among the citizens the distribution of the Chinese, Malays, Indians and Others is 74.2%, 13.3%, 9.2% and 3.3%. The actual numbers of the races are 2.44m Chinese, 440k Malays, 300k Indians and 110k others.
 
Of the PRs and Non Residents, I am unable to get any data on the distribution among the major groups of foreigners like PRC Chinese, India Indians, Pinoys, Indonesians, Myanmese and Europeans. All I got is one number of 400k non resident Indians. This number is as big as the 440k Malays and much bigger than the 300k local Indians and the 110k Others or Eurasians. The local Eurasians alone could be less than 100k.
How big are the groupings of PRC Chinese, 400K? The Pinoys are estimated to be around 200-300K. The Myanmese near to 200k.
 
What do these numbers mean to our local minorities? Each of these groups can be as big as the largest minority group and much bigger than the Eurasians. The Eurasians are also an absolute minority compare to the foreigners. Soon one might not know that the Eurasians exist as their number is so small and easily overwhelmed, no longer noticeable except in Mediacorp. The India Indians are now more than the local Indians.
 
What would the picture be in 2030? The Malays and Indians would be absolute minorities vis a vis the foreigners like PRC Chinese, India Indians, the Pinoys and the Myanmese? Their combined numbers are now bigger than the combined numbers of Malay, Indians and Others even today, 1.55m against 850k, almost double the 850k. And the numbers did not include the 530k PRs.
 
How should we play this number game? Are we comfortable with numbers?

SGX designates Asiason, Blumont and LionGold as designated stocks

The 3 stocks that were suspended from trading for irregularities will resume trading today but as designated stocks. What it means is that trading is restricted. Sellers can only sell the stocks if they already owned the stocks, or no short selling. Buyers must pay cash out front.

SGX is viewing this episode seriously and would not hesitate to introduce more control measures to prevent it from happening again. SGX has a responsibility to regulate the market, to prevent big syndicates/funds to manipulate the market to their advantage. A fair trading system and a level playing field are two of the fundamental principles that SGX has to guard zealously. Failing to do so is not only irresponsible but will kill the market in the long run. A stock market cannot be rigged to favour any party, big or small. No one is to be allowed special advantage like hooking their computers into the SGX system to have pre knowledge or advanced information that other traders did not have. This is cheating and allowing it is to condone cheating.

Churning, cornering of stocks, buying and selling without change of ownership, this could be done with a few parties swapping the stocks to deceive the regulators, creating a false market like ramping up stocks or selling down a stock, etc etc are offences under the SGX regulations for fair trading. Violating any of these is a serious offence. SGX is always on the look out to ensure that no such malpractices take place in the market.

There are bound to be incidents of such nature in the market. The question is how prevalent and what the SGX is doing about them? How fair and level is the playing field to the small investors? If the market is unfair, if there is no level playing field, if all the above is violated and taking place, who should be responsible?

The events surrounding the 3 suspended stocks, and many stocks would have led to many red flags being raised. Was anyone watching or anyone noticing that the red flags were raised?

Sinkies over reliant on the govt?

How many of you believe in this? Or is it the reverse that the govt is over reliant on the Sinkies instead?
 
Did the people ask the govt for a compulsory Medishield Life? Apparently from the govt’s point of view, it is the people that asked the govt for this scheme. Who and how many? Why compulsory when it is what the people want? Or is it that the govt wanted this scheme? I know many didn’t. And looks like those who asked are going to regret dearly and will be cursed by those they dragged along into this compulsory shit hole.
Did the people ask the govt to keep their CPF savings for as long as the govt wants it? Or is it that it is the govt that wants to keep the money for the people? Who is reliant on whom?
 
Did the people ask the govt to implement compulsory minimum sum schemes? Did or did not? Who started these schemes and who is benefitting from it? The people too reliant on the govt or is it the govt too reliant on the people?
 
Are the people reliant on the govt for their retirement pension or payout? Or is the govt relying on the people’s savings in the CPF for funding?
 
The people have been telling the govt to leave them alone. Please don’t help, please let the people manage their own lives and their own money. Is this over reliant on the govt?

PWP’s last stand at Hong Lim

The turnout at Hong Lim for the Population White Paper protest was deserving of a report in the Sunday Times today. It was 500 strong, much lesser than the first and second protest that saw thousands thronging the field of Hong Lim. Should this be expected? The initial anger aroused by the 6.9m people that will populate this little piece of rock has fizzled out as usual. The internet and the two protests have done their job for allowing the Sinkies to air their frustration. Once that is out of the way, life will go on as normal. No need to say ‘Let’s move on’. It is a natural course of events here.

The Sinkies will be unhappy but just for a while. Once they know that protest will be in vain, they will get on with their lives and there are better things to do, like making more money and churning the property market and aiming for that red Ferrari. The govt can now do what they know best and according to plans. The Sinkies have spoken and all is well. 6.9m it will be.

It must be very assuring and comforting for the govt to know that protest in Singapore is just like that. It is just an expression, nothing more nothing less. No need to send in the troops to quell the 500 people or 5000 people at Hong Lim. Let them enjoy their little moments of feeling important. All protests will die a natural way. Look at the empty ballot boxes case? Forgotten, history! Anyone aiming at anything? Hawker centre cleaning or Rolls Royce bicycles? All forgotten.

Now that this trend is confirmed, I think the govt will be encouraged to loosen the lease and allow it a few feet longer. Let them protest and say what they like. It is healthy. The people will want to protest and the govt will want to do what is right. They may appear to be heading for a collision course, but nay, it is just a public airing, a show of a little unhappiness, like a little sulking.

The govt need not sweat the small stuff the next time Gilbert and his friends apply for another protest at Hong Lim. The govt can even be generous and throw in some freebies like chicken rice to make the protesters happier. Long live the protest spirit in Sin.

Essential services and jobs must be in the hands of Sinkies

The military, the police and other uniformed services are vital organisations that protect the country and people. Jobs in these services have traditionally been filled by citizens and their appointments to key positions are highly guarded. Today it seems that anyone can join these services and many are demanding that PRs must don uniforms, serve in the military as well without any concern about compromising the sensitivity and security of these organisations when non citizens are exposed to them. Maybe it doesn’t matter anymore as PRs are in many ways regarded as locals, another term for being one of us. Or maybe the leaders have thought through this and are confident that it is safe to do so.

There are other essential services like power plants and water supplies. Control of these organisations is a serious matter and leaving them to foreigners would have serious implications. Letting PRs control them should be ok as PRs are locals, one of us? Why not when power plants can be sold and managed by foreigners. Maybe security of these services is no longer an issue. All is safe and sound.

I am wondering what services or industry in the private sector would be regarded as essential services that must not be controlled and managed by foreigners. Again citizens, new or old, definitely do not matter. One given a pink IC, they are safe, one of us. And definitely PR is not an issue either.

Over the last few years, many foreigners have taken over the banking and finance industry, and also the IT industry. Some are PRs and some are still foreigners, and some given the pink IC. How pervasive is the presence of foreigners in these two industries/professions today that should they decide to walk out, go home, the banking/finance and IT support could simply go kaput? Maybe such a thing will not happen no matter what. There is nothing to worry about, just like the Fukushima meltdown would never have happened, but it did happened.

Have the banking/finance and IT professions reached a critical point that foreigners are in effective control, domination and could hold the country at ransom, that they are indispensable as there are not enough qualified and trained Sinkies to fill the vacuum if they decide to leave for any weird reason? For that matter, how exposed and dependent are GIC and Temasek Holdings to foreigners that could cost havoc if they quit? How much of highly sensitive information are now in the hands of trustworthy and dependable foreigners? We nearly have more Goodyears.

The lack of succession plans to ensure that Sinkies can fill up the top banking positions is obvious. After so many years, the industry still has to depend on foreigners to fill the top jobs. And looks like the situation is getting worse by the days when more foreigners are recruited to fill the top management grade positions and being groomed or in place to take over the top jobs instead of Sinkies.

Maybe I am unduly worried as everything is in control and what is the problem when PRs are one of us? There are plentiful of PRs that will be most willing to fill the positions and do the bidding. And a little carrot would be enough to see them turning pink. It is precarious to think that two vital services/professions are dominated by foreigners and with Sinkies either fleeing or not given the chance or being kicked aside.

A little foresight or 20/20 vision is good I supposed, to prevent such dire situation to even exist at the peril of the professions and industries. When is the long term planning for such strategic human assets? 

I heard a fart. C'mon, this is no farting matter.

American Dream crumbling, what about the Singapore Dream?

One of the key features of the American Dream is to own a home with a little white fencing around it. This is becoming elusive to many Americans. To make matters worse, they are ‘more than a quarter of all home owners owing more on their mortgages than their properties are worth,’ according to an article in the ST today.

Many Sinkies are smiling, our Singapore Dream is still ok. Many are home owners, never mind that it does not sit on a piece of land or has a white fencing running around it. It is still home in the air. During the last financial crisis, quite a number of Sinkies ended up in the same fate as the quarter of American home owners, with negative assets, ie owing more than the value of the properties they owned.

Is the situation better now? The first fallacy is that the Sinkies think they are home owners when they have a 30 year mortgage to service and all they paid was 10% or 20% of the property. Wise up, get real, you only become a home owner when you fully paid up the mortgage, or for those who have the ability to pay all, or on the last few years of their mortgages, the Singapore Dream of homeownership is there or nearly there. Many are just servicing their mortgages while the ownership of their properties is with the lenders, the banks.

The next fallacy which many take for granted is that it is a lease. Even after paying up the mortgages, the lease would only have a remaining life of 69 years and getting shorter every year. Homeownership of a 99 year lease is a temporary ownership, a lease is a lease.

In another 50 years or so, the first batch of lease owners of 99 year flats will no longer be homeowners. And the pace of disowning their homes will pick up after that when we will see many Sinkies losing their homes unless they can afford to buy another lease at $2m or $3m for a 3 rm public flat.

Other than those living in freehold properties, the Singapore Dream of homeownership is, yes, a dream. It is a 99 year dream and who ever ends up living in the dying years of this dream will have to wake up to face reality.

Aung Sang Suu Kyi – Did we learn anything from her visit?

She came and gone and left her fragrance behind. Some may find it a breath of fresh air, some may find it a little pungent, a little uncomfortable after taste. While she was here she must have learnt quite a fair bit of this little jewel city, with another jewel coming up at Changi Airport soon, a gleaming oasis of modern skyscrapers and facilities, the beautiful gardens and the F1 that she was shown and expected to be in awe. From her statements we all know what she had learnt and would pick up only the right or relevant things for her country.
 
Have we learnt anything from her visit? Learnt what? Are we supposed to learn from her, a third world country? No, she was here to learn, and we were there to teach her, to show her the way to a modern first world country, oops, I mean city.
 
I don’t think Singapore learnt anything from Aung San Suu Kyi’s visit. Our mindset was that we have it all and everything that Myanmar wanted. And we were so willing and eager to please her by offering our helping hand. We were so helpful. Shit, she did not seem to appreciate what we can do for her country.
 
But some Sinkies did learn a bit. Some are questioning whether this mad race to make more money to buy more things, to have more money in the bank accounts are all there is to life and living. Could we seek some balance in our life and live a little, smell the flowers, and sit on the sand along the beach, watch the sunset, play with the children. What is living all about?
 
Yes we all feel very rich, with all the modern convenience around us. Material life is good definitely. So?

Upheaval in the stock market

Spectacular rises lead to spectacular falls. Over the last 3 months the stock market saw some phenomenon activities in a few select stocks. These stocks were penny stocks in the July/August period and saw a meteoric rise to above two dollars. And every day there would be a couple of surprises where out of the blue some penny stocks would double in values or increase by more than 50% in value.
 
This morning the stock market scene took a turn. Three stocks went tumbling down. Asiason was only 95c in August and hit a high $2.90 recently. This morning it crashed to $1.04, losing $1.66 within a couple of hours. Blumont was 85c in August and rose to $2.54. It fell to 88c, losing $1.14. LionGold was $1.15 in July and hit a high of $1.76. This morning it fell 87.5c to 63.5c before it was suspended from trading. Asiason and Blumont were also suspended.
 
Some stock markets have a built in limit mechanism to suspend stocks or the market when the change in prices is more than 15%. Apparently we did not have such a mechanism to stop the trading of these stocks and the falls were allowed to continue before they were suspended by a human decision.
 
The above changes could see hundreds of millions of dollars or billions wiped out within a couple of hours. The two casinos could not match the amount of money changing hands at this pace in the stock exchange. Fortunes were made and fortunes were lost in a matter of hours.
 
Welcome to the biggest casino in Sin City.

China, the bogeyman returns to Indonesia

After living through half a century of misinformation and lies, the Indonesians are now receiving China’s President Xi Jinping as a friend. In the 1950s, China was one of the closest friends of Indonesia under Sukarno. They were leaders of the non aligned movement culminating in a non aligned conference in Bandung in 1955. Indonesia under Sukarno was a leader of the Third World.
 
Unfortunately the close Sino Indonesian ties were sabotaged by the Americans. With the American dubious scheme of regime change, Sukarno and many Indonesian military commanders and elite were murdered by Suharto in a framed up charge of a communist coup. The reality was an American sponsored military coup that led to the biggest bloodshed in Indonesian history, with Indonesians killing Indonesians and putting the blame on China and communism.
 
To live with the lie, China was branded as enemy Number One and official relationship was cut off for more than 40 years. On the other hand, the bloodied hands of the murderers of several hundred thousand Indonesians were smiling quietly in Washington. Is communism more frightening or American exceptionalism? Who have been bullying Indonesian and who were there to squeeze the balls of the Indonesian President Suharto during the Asian financial crisis.
 
When would Indonesians rewrite the darkest chapters of their history and to name the devils that caused the death of so many of their elite and the downfall of their popular President Sukarno?
 
Would Indonesia and China resume their close ties once again to the level of the Bandung era and higher? They did not have real problems with each other but suffered under a western lie. With a combined population of 1.6b people, the two countries are home to one quarter of the world’s population. China is offering to work jointly with Indonesia in many economic, social and infrastructure projects, to build a comprehensive strategic partnership. This is a huge departure from the standard signing of defence and military pacts that the Americans are offering to Asean countries. The few things the American can offer are military hardware and their war machine for war, to go to war.
 
While China and Indonesia are keen to rebuild bilateral relationship and take it to a higher level, would another coup and regime change take place and ties be broken once again between the two countries? The American pivot is in the region and poised to do damage at the most opportune moment. While China and Indonesia are signing trade pacts, the Americans and the Japanese are signing military pacts.

When trust is an issue

 
When Chok Tong handed power over to Hsien Loong, the PAP govt was still smooth sailing and trust was not an issue. It was riding on its past glories and good track record. The govt had delivered a better life for most of the citizens and trust was a given. The people trusted the govt and allowed the govt to do what they did best while the people went about their lives with a certain level of contentment.
 
The trust was still there in the first few years of Hsien Loong’s premiership. Today Hsien Loong is asking the people to trust the govt. This is a tell tale sign that something is not right, or something seriously not right. The govt must have felt it. This time the feedback on how dissatisfied the people are with the govt got through. Even if the grassroot leaders are still telling only the good news, there are many other sources and events that said the sentiments of the people are not with the govt. The by elections and election for the President did not bode well for the ruling govt.
 
For a govt that thinks and believes that it is doing all the right things for the good of the people and to lose the trust of the people is a strange feeling. Either the govt is doing all the wrong things but thinking that they were the right things, or the people are just ungrateful and too demanding. It could be a mix of both.
 
So? Is Hsien Loong’s plea for trust going to be received kindly and reciprocated by the people? Or is it going to be a futile last gasp to regain the lost confidence and votes of the people? It cannot be just a plea and expecting the people to come back to give him a big hug. There must be things that went wrong that drove the people away from the PAP. And these must be put right if the support and trust are going to return.
 
What should the PAP do to win back the trust of the people? Policies and leadership are two of the main bugbears that make the people lost their trust of the PAP. The leadership today, and the leaders, are simply appalling. They don’t lead and still think they could talk down to the people with fuzzy logics and loose talks. When ministers and MPs could not explain govt policies coherently to the people, they lose the people.
 
And bad policies don’t help either. Maybe it is unfair to blame them when the policies are unacceptable to the people and cannot be explained away even by the cleverest minister. Bad policies are bad policies. Policies that don’t benefit the people or make lives more difficult will be just that. No amount of communication of fake and obtused reasonings and logics can change them.
 
the people start to trust the govt again? I think it is not so easy. The people want the govt to prove that it is worthy of trust, to deserve to be trusted again. So far no good, and getting worse by the day. The people are not saying anything. They can’t, or even if they do, is the govt and the political leaders listening or willing to listen? There is a huge gap in the meetings of minds. The govt only want to hear what it wants to hear. The people are saying things that the govt does not want to know. How can there be trust?

The govt needs to do the right thing to gain the trust of the people. And the people are the ones to decide whether it is the right thing or the wrong thing.

Make Singapore safe for Singaporeans

Another case of a foreigner, must be another talent, a talented cook, got drunk and bashed up a taxi driver, damaged a motocycle and a taxi door. He was sentenced to a miserable 2 weeks’ jail. The foreign talent, Garfield Gordon Angove III, 38, was also fined $1,000 and had to pay $3,500 to the taxi driver for assaulting him.
 
The sheepish and timid citizens are furious. The beating of these citizens by foreigners who were given the opportunity to work and make a good living by the good grace of the govt, not necessarily of the people, has gone one too far. Too many timid citizens had been beaten by foreigners and they are not going to take it quietly any longer. They are screaming for blood. They want the court to give a heavier sentence, not a miserable 2 weeks. Is this how valuable the life of a citizen of this City, just bashed them up and 2 weeks’ jail is about it, with a few thousands to pay for medical, pain and suffering as compensation? Did the sheeples shout cheap, cheap, cheap?
 
Would the govt wake up, just like the issue of discrimination against Singaporeans by foreigners for employment, and start to take the beating of citizens seriously? Would the govt protect the citizens and take a strong stand to stop this abuse of its citizens by foreigners? If so, making an example of such rogues that were given the highly prized title of foreign talents to spite the less talented locals is in order.
 
The govt should make it clear that these foreigners are here as our guests and not here to beat up the hosts. If they do so, they should be deported immediately, within 24 hours once found guilty by the courts. How can these foreign rogues be invited here to take the jobs away from the locals, enjoy our hospitality and still go about beating up the locals and get away practically scot free?
 
The people should demand that the govt they trust to protect them, protect them from bodily harm especially from the foreigners brought in by the govt, to take a tough stand against such foreigners. It is the govt’s fault for bringing these rogues in big numbers here, and to praise them sky high as talents when many are simply rubbish, rogues, crooks and cheats, to kick them out if they beat up the citizens.
 
This is the least the govt must do for the unpopular open door policy. The people did not ask to be beaten by foreigners. Kick them out if they thrashed our hospitality. This would remind the foreigners to behave and to show some respect to the owners of this City. They are guests and can be thrown out if they misbehaved. Or shall we go all the way, since we loved the foreigners so much and so eager to please them, to throw out the citizens that made foreigners unhappy to want to beat them instead?
 
Should the govt send a strong message to foreigners that this is the home of Singaporeans? Beating Sinkies as a past time is not acceptable. Or should the govt remind the Sinkies that the foreigners are their benefactors, and it is ok to be beaten by the foreigners once a while, and stop whining? Who to trust?
 
Make Singapore safe for Singaporeans, from being beaten by foreigners? Unbelieveable! Uniquely Singapore.

UMNO leaders claim that they are natives of Malaya is utter rubish.

Like Chin Peng, Lim Chin Siong was at the forefront fighting against the British Imperialist for the independence of Singapore and Malaysia. Whether he was a communist or not  is immaterial and as many suggested he should rightfully be considered a hero and one of the founding fathers of independent Singapore.

Malays were not the first arrivals in Singapore and Malaya. The Indians and the Chinese were in Singapore and Malaya long before the Malays. The Chinese and Indians came as traders or travellers for the discovery of geographical knowledge although some Indians stayed to found small Hindu states in which they did not prejudice against other races. The Chinese in the hay day of its wealthy and mighty civilization could have occupied and colonised all the lands she discovered but she did not and that reflects the true nature of benign Chinese Civilization which always respect other people or other countries big or small. The Malays who came from different parts of Indonesia, like the Bugis from Celebes, the Boyans,Mingnankerbaus and Javanese from Java and the Bataks and Achinese from Sumatra which all came later after the Chinese and the Indians on the contrary share similar aggressive traits as the barbaric White Men - The Europeans for their chieftains were no more than pirates and robbers who occupied different parts of Malaya and founded domains or enclaves and called themselve penghulus or temenggongs . There was never a Malay state until the British Imperialist came to the scene in the late eighteen century when it occupied all the lands south of Thailand and consolidated them into one political unit called Malaya for convenience of control. So to say that the Malays are sons of the soil is all rubbish and hogwash. The original natives of the peninsula south of Thailand are the Sakais who are of Mongoloid race and they came from Southern China about ten thousand years ago.

After the Second World War the British sold out the interest of the Indians and the Chinese when it granted independence to Malaya without protecting the political rights of the Sakais, the Indians and the Chinese. Of course the Indian and Chinese leaders of the time during the negotiation for independence were downright stupid and idiotic because they cared only for their own personal narrow interest and did not consider the dire consequence of not securing the political rights of the Indians and the Chinese as well as that of the natives, the aborigines.

The second set back for the Indians and the Chinese was during the negotiation for merger with Sabah and Sarawak in 1965. At the time there were not many Malays in Sabah and Sarawak. Other than the natives who are the dayaks and the Ibans there were actually more Chinese than the Malays in the two territories prior to the merger. Why were the Indian and Chinese leaders of the time outmaneuvered by the Malay leaders to deprive the Indians and Chinese of equal political rights. As a result not only the Indians and the Chinese but also the Ibans, the dayaks and others are now suffering at the mercy of the highly racist and corrupted UMNO leaders. Generally speaking the ordinary Malays are simple,kind ,sincere and decent people. It is the pseudo  Malay leaders in UMNO  who are tainted with Pakistani, Javanese and Boyanese or Bugis blood who are ultra racist and extremist  that are now creating havoc for other races.

Population White Paper Protest 5 Oct - 4pm

Press release                                                                                                               
                                                                                                                             
A little update on our forthcoming protest this weekend at Hong Lim Part (5th Oct, 4pm).                                                                                                             
To date, we have six employers participating in the job fair offering various kinds of positions. We thank them for making the efforts to employ Singaporeans first proactively. We welcome more employers to sign up with us.                       

The employers will be there by 3.30pm to set up and prepare for the job fair.                
We also managed to gather?seven brave speakers for this event. Their names are as follows:
1. Leong Sze Hian
2. Robert Teh – retiree
3. Roy Yi Ling – blogger and health? care executive
4. Ariffin – secondary school student
5. Daryl Nihility?- interior design marketing executive
6. Fatimah Akhtar – architect
7. Alex Tan – operations executive                                                                             
Gilbert Louis will also be singing two songs during the protest.Free finger food and drinks will be offered on that day.

We have printed 100,000 flyers for distribution commencing today at various MRT stations and housing areas. The CBD area will be covered as well.                             
We have order eight hundred We Want Change tee shirts and five hundred caps for sales – please support our cause by grabbing a shirt or cap. They will be sold at a affordable price for all.                                                           

We will also dedicate one hour of the 3-hour programme to a Real Conversation whereby the people can ask our panel speakers any questions they want. They should not make a speech during the session though.                                                          

There won’t be any press conference prior to the event but there will be one after the event. Reporters please email me at gilbert@transitioning.org if you need further information on our third protest against the population white paper.         

See you soon Singapore! Be the change you want happen in our country.                                                                                                                                           
Thanks & Warmest Regards,                                                                                                                                                                                                      
Gilbert Goh                                                                                                 
President                                                                  
http://www.transitioning.org/ – unemployment support services                                       

Trust is such a difficult topic to write

I have been trying very hard to write about this new sensitivity. Everyone is talking about trust, including Hsien Loong and how important it is to gain the trust of the people. Now how should I deal with this topic? Shall I talk about the distrust the people have of the govt? Shall I talk about how the govt is losing the trust of the people? Shall I talk about what the govt can do to win back the trust of the people? Or shall I talk about how the govt tried so hard to lose the trust of the people?
 
After tossing the idea around, I came back to square one. How to talk about trust with people you don’t trust? How to discuss trust with people who are lying to you with a straight face? How to believe in people, trust people when they don’t trust you and are not telling you the truth? How to trust people who are not trustworthy?
 
I give up. I think it is easier to talk to children about trust. They are so innocent and so trusting. And children don’t lie, and they did not know what is a lie, those that have yet to think and behave like lying adults. I think going to the kindergarten is the best place to talk about trust, trusting children. Unfortunately the children don’t come to my blog so it is a waste of time really, to try to write this thing call trust when trust is all about deception. Trust me only to be cheated, trust me only to be deceived.
 
How to write about trust when there is no trust, when there is nothing and no one to be trusted?

Foreign talents going home

There was a handsome Pinoy family in the paper a couple of days back. The husband was an IT talent but his application to renew his EP was rejected. The MOM has started to close the door a bit and not approving every application for EP here.
 
From the interviews of the foreigners Singapore is still a choice destination for employment. They praised not only the safe and stable living environment here. The working environment is excellent, good jobs, good pay and good prospect. But this funny part is not what Sinkies, especially the PMEs are experiencing. Why is Singapore so good for foreigners and so bad to some Sinkies is a big irony and a big mystery.
 
Say whatever you like, the govt must know our strength, how good Singapore is as a place for business and work. It is not just cheap labour. It is the whole package which is very attractive and very competitive among the first world countries. There is no comparison among the third world countries. Only fools will compare the two and tell you the third world countries are better.
 
Another astonishing truth that was revealed in the same article was the lack of IT and banking and finance professionals. According to Gerdeep Hora from Synergy HRD Consultancies in New Delhi, ‘Singapore lacks IT experts and managers in its banking and finance sectors, and employers have been hiring directly form India in these areas.’ When has India become the banking and finance and IT centres that a first world country, a regional financial centre, must go to India to recruit such experts that a regional financial centre is lacking?
 
What is happening? Employers forming a beeline to India to hire IT experts and managers in banking and finance directly? India a banking and financial centre producing all the experts that a regional banking and financial centre cannot produce?
 
Holy cow, I dunno what to say.

Tuition, the silliness of it all

There is an article in today’s ST on tuition by Nirmala, ST’s correspondent. In the article she quoted a Professor Mark Bray on some of the characteristics of East Asian societies and the growth and importance of tuition. ‘These East Asian territories are highly globalised and competitive. They stress a need for workers to remain ahead in skills and for students to acquire skills relevant to the global economy….the Singapore education system is a good one that has delivered high quality output.’ She added, ‘But Singaporean parents, like those in many other cultures, are competitive, seeking what they perceive to be the best for their children in a competitive system, and thus are trying to add more even though the school system is already delivering much that is already very good, he(Bray) said.’
 
Now what is so silly or sickening about all these comments? Did not our education system and the parents make them the best educated and skilled workers for the workforce?
 
It is not about the inequality that tuition will cause as this is a harsh reality that the poorer working class must get used to. The rich will pay for the best tutors for their children. You cannot ban tuition and tell them not to pay for tuition. Well, South Korea did ban tuition for 20 years, but has since allowed it to practice again. There were many ways to curb tuition to prevent it from worsening the inequality, which is absolutely a silly thing to do and to even think about for any govt. Forcing the people to level down is an idiotic thing to do, really, believe me.
 
Then what is so silly about tuition? With so much money and effort put in to develop the young, with such great education system and to quote, ‘They stress a need for workers to remain ahead in skills and students to acquire skills relevant to the global economy’, now can you see what is wrong or sickening?
 
Our workers lack motivation, lack drive, lack of skill, uncompetitive, lack of talent, that we need to bring in workers from third world countries without the competitive culture, without the resources and the drive to do well in education or a good education system to replace them in jobs here. They don’t even have competitive parents to make sure their children received the best education money can buy. Basically after all the stress and money spent, the startling result, our students turned workers are a useless bunch for the job market. Really, trust me.
 
What an irony? The less competitive societies and lesser equipped education system are producing all the qualified and skilled workers that our system could not produce. 

Shall I laugh or cry?
 
What is wrong, MOE, MOM?

Stop this ‘local’ shit

PRs are not locals but foreigners. Locals are the citizens. This deception of calling PRs locals to conceal the employment of citizens in the job market must cease. Let’s tell the truth. Let’s face the truth. Let’s be honest and transparent. Or else don’t talk about trust.
 
When statistics are used, when Singaporeans want to know how many citizens are employed versus foreigners, ie, PRs and non citizens, please tell us the truth. People who have been telling everyone to be honest and transparent must be honest and transparent to be believeable.
 
What is the percentage of citizens being employed in the banks, both local and foreign? The people want the truth. What is the percentage of citizens, PRs and foreigners in the various banks here?
 
Cannot tell? What is there to hide? The truth cannot be hidden for long. The citizens know what is happening. By not telling the truth it only makes thing worst and leading to mistrust. Who is standing on the roof shouting to the people about being honest and transparent?

Chin Peng, a commentary from an armchair expert

It is so easy to make comments on another historical figure with a little knowledge of the person and events. It is even easier to selectively choose information to fit into a construct that one chose to use. Chin Peng was a hero, Chin Peng was a freedom fighter, Chin Peng was a terrorist, a fanatic, a simpleton or a genius. Just take your pick. I can choose any one of these tags to write a story on Chin Peng and it would sound even more credible if I called myself an expert, a professor or add a Ph D behind my name.  Let me just give my 2 cents worth of what I know of this man from the history books, news and some self proclaimed expert knowledge on this man.
 
Chin Peng and his comrades were anti Japanese fighter first and foremost. In the 1940s, the timing and years are important as they defined who and what of a man he was. Both Singapore and Malaya were British colonies, not countries. No citizenship or rights of citizenship for the likes of Chin Peng. Their loyalty was to the Chinese civilization and an ancient China. They were also British subjects if I am not mistaken for being in Malaya.
 
There was a war of aggression in China conducted by the Japanese. Chin Peng fought under the Malayan People’s Anti Japanese Army. They were also part of Force 136 supported by and supporting the British. They were fighting on the side of the British when the Japanese invaded Malaya and Singapore. Up to this point Chin Peng and his men/women were on the right side of history, fighting an aggressor, the Japanese. He was a war hero and awarded the OBE by the British Empire. His men paraded at our Padang in a victory parade. His OBE was withdrawn when he took the side of the communist to fight an anti colonial war against the British. Chin Peng was a good man turned bad for fighting the British. If one is a member of the British Empire, Chin Peng was bad. If one was anti colonialism, Chin Peng was a patriot.
 
Communism in the early 1930s and 40s was favoured by the revolutionary Chinese over the corrupt Chinese Nationalist Party, the KMT. Chin Peng was a communist, so was bad and on the wrong side. He was good in the history books of CCP. How one looks at Chin Peng would depend on one’s political inclination.
 
The Malayan Emergency was not a war of terrorism but a war against the colonial master. Remember, 1948, Malaya was a British colony. The natives could be fighting for their freedom from colonial rule as well. Some fought, some chose to live with the colonial master, some simply did nothing, and some worked and conspired with the British against the CPM.
 
When the British outlawed the Labour Movement and started to arrest the communist elements, the MPAJA was changed to MPABA, an anti British Army. This was subsequently changed to the Malayan Peoples Liberation Army fighting for the independence of Malaya from the British Empire.
 
History would look at Chin Peng differently if they had won and gained independence for Malaya from the British. They lost that war and signed a truce in 1955 in Baling. Malaya only gained independence from the British in 1957. The CPM withdrew to the Thai Malayan border and kept a low profile. The fact that a Thai Princess and many Thai generals paid their last respect to Chin Peng spoke of a close and friendly working relationship between them, and that Chin Peng was not a nuisance or menace to Thailand. They regarded him as a friend.
 
Chin Peng was kept away from Malaysia more because of domestic political reasons than for his revolutionary past. He could have been welcomed back as a nationalist, a hero if he was a bumiputra. He was a soldier, nothing more and nothing less. For some joker armchair critics to put him in the same league as terrorists and the bombing of America is simply a wild and cheap shot. Ever since the end of the Malayan Emergency, Chin Peng and his men lived peacefully in Thailand and probably became Thai citizens.
 
These are my comments on this historical figure of the twentieth century, one of the last survivors of those turbulent times.

Gan Kim Yong learning well from Japan

Gan Kim Yong and his teams of officials from the Health and Housing ministries have returned from their fact finding and learning mission in Japan on ageing problems. He has learnt well, many times better than Boon Heng. In yesterday’s ST he has already came out with a list of innovative initiatives learnt from Japan for implementation. He is also setting up a committee to look deeper into the ageing population problems.
 
Among the things that the team has learnt for implementations are:
 
1. A need for support services during working hours when the young are at work. Also in cases of oldies living alone, night services are also needed.
2. Medical practitioners and polyclinics should be located near the ageing population.
3. Employ the elderly, and retirement age should be raised to 67. Only the Japanese could come up with such a clever idea. Didn’t we been employing people up to 90 and onwards?
4. Need for home care and more nursing homes as our population ages. Dunno if these facilities are provided free.
5. More support to caregivers, probably salary increases.
 
The govt should send more such study trips to learn from other countries to make life better for Singaporeans. They have forgotten to send Chuan Jin and the NTUC officials to study how other countries are handling their foreign workers and immigrant problems and if foreigners were discriminating their citizens how to deal with such problems. Maybe after such an enlightening trip the MOM could introduce more effective measures or at least get enlightened.
 
Money well spent for sure, every cent of it.

Mah Bow Tan, poor thing

The thread on Mah Bow Tan in TRE is getting quite a review of the wrong kind. It was about Mah Bow Tan’s interview by Sin Min on his stepping down as a minister. Mah Bow Tan said he had given his best years to public service and it was time to make way for a better man, in Khaw Boon Wan, to take over the MND ministry.
 
Why were the comments on Mah Bow Tan so negative? He had done extremely well during his tenure in Housing and Transport. The transportation problem was nothing with SMRT running smoothly and efficiently with the woman in charge, and chalking up millions in profits every year. There were hardly any breakdowns or disruptions of services. COE prices were quite low. Look at the price of COE now, $80K+. It would not have gone up so high if Mah Bow Tan is still in charge. And SMRT would not experience so many breakdowns.
 
And housing was anything but affordable. There were some complaints but overall housing prices were affordable compare to the prices now. And Khaw has to ramp up the building programmes to meet the unstoppable demands. Looks like Khaw is not doing much better.
 
And the truth is that he was still the man to anchor his Tampines GRC team to victory. This showed that he was any time better and more popular than George Yeo, and has good ground support.
 
The views in TRE are a distortion of the truth. If Khaw Boon Wan cannot bring down housing prices to more affordable levels, Mah Bow Tan could make a come back to do what he knew best, making housing prices affordable again. Since Khaw Boon Wan took over, there seemed to be so many housing problems when there was none. The daft Sinkies just do not know how to appreciate the great contributions of Mah Bow Tan and are simply ungrateful and disgraceful.
 
Poor thing.Hsien Loong should give him a public star in the next National Day.

Halimah Yacob has spoken – more drastic measures if…

 Halimah is the next most senior politician after Chuan Jin to have spoken about the need to hire Singaporeans instead of replacing them with rubbish foreigners. She is coaxing the employers to take note of the govt’s intent towards this new policy and to act or face more drastic measures coming their way. She also asked the NTUC to be the watchdog, to monitor the situation and to squeal on the recalcitrant employers.
 
These are the right things to say given the unforgiving mood of hurt Sinkies and their hurt pocket and pride. The anger is bursting and the noise of discontent is getting louder, thanks to the internet. You don’t hear such things in the main media. Maybe the other half of Sinkies of the main media genre are very happy and comfortable with the situation and thus do not know what the fuzz is all about. The people are all very happy getting rich. No problem at all.
 
Halimah is not exactly a minister to step into this fiasco to highlight the flaws in this foreign talent nonsense, at least she carries some weight. Are the rest of the ministers in agreement with Chuan Jin and Halimah to want to support this change? Relatively we have a new and junior minister in Chuan Jin and a Speaker of the House talking about the issue. What signal is the govt sending to the employers, that this is a serious or not really that serious issue? Is this just a wayang to appease the Sinkies and not to ruffle the feathers of the employers?
 
Halimah has missed out one big employer that she has all the muscle to exert some pressure to do the right thing. She can tell the civil service, stats board and of course the GLCs to make the first move. Reading the comments in TRE, she may want to start off with DBS. The govt can issue directives to support this policy. Failing to do so will be seen as NATO.
 
When is the govt going to do something concrete and not just talk only? Or would the govt really act on this?

Singapore about to introduce a ‘living tax’

It is still work in progress, but Hsien Loong had spoken about it at the National Day Rally and he has recently confirmed it during the Ask the PM live TV chat show. This ‘living tax’, where every living citizen will have to pay for being alive is going to be implemented very soon. Only the details have yet to be finalised. From what was said, from a baby to the oldies, everyone pays. It is a kind of tax from cradle to grave!

Oh, you have not heard about it. I am telling you now, it is not called a tax and not really a tax. It is called Medishield Life, just like the CPF Minimum Sum Schemes, they are also not called tax. To be exact, it is called Medishield Life Insurance Scheme for everyone, young and old, sick or healthy, no one will be missed. It is compulsory! It is as good as till death do we part. And very likely from the very moment when a child is born. I am waiting to hear the angels sing. One can choose to buy or not to buy an insurance policy. One can choose to adapt a healthy lifestyle to avoid being robbed by the medical professionals. This one there is no such option. Healthy or sick, you pay. If it is not a tax, what is it? You tell me.

The GST is a very regressive tax where the poor actually pay more as a percentage of their income. Even those without an income have to pay the GST as long as one has to consume goods and services. But compares to the Medishield Life, GST is nothing, or at least one can be selective and opt out. One can eat or consume less or not consuming at all to avoid paying GST. In the case of Medishield Life, there is no escape.

Now the little problem is what would the govt do to those who really cannot pay and do not have any minimum sum locked up in their CPF to be carved away? A legalised compulsory scheme imposing on the people to pay means that not paying is an offence. It must be. Hsien Loong has mentioned about peer pressure, making your neighbours or families or friends know that you did not pay your dues, a way of shaming one in public. Would the expertise of Ah Long runners be called upon for this? Would the full force of the law be applied, with policemen knocking at your door for not paying? The evil is in the details, so they say. Wait for the details. Many are so happy about this comprehensive ‘cover all’ insurance scheme and earnestly waiting for it to be implemented. So it must be a good thing.

Poor Sinkies are going to incur another unwarranted and unwanted cost of living expenses imposed on them by the caring and paternalistic govt. The govt is very foresighted and always been thinking of how to take good care of the people, and with the people paying for whatever schemes the govt can think of. It knows the people are over reliant on the govt.

The foreigners need not have to pay for this living tax for sure. The non citizens, not sure about the PRs, are not so lucky and will not be affected. And if PRs are affected, their children and dependents who are not PRs would definitely not be affected. Heheh, being citizens has its privileges, to pay another tax.

With such a comprehensive and all encompassing scheme that makes every living citizen pays, at $1k per citizen, it will be $3.3b added to the GDP I think. If PRs were to be added, that is another 540m annually. With an unthinking population over reliant on the govt to think and plan for them, it is so easy to generate this kind of money with very little effort but a stroke of the pen. There is no need to waste time and effort selling the product. It’s a done deal and a very lucrative one. A super extraordinary salesman and his super product, exceptional talent!

Would there be a political price to pay for this living tax?  Oops, I mean compulsory Medishield Life Insurance Scheme for all citizens, or is it for locals only? One thing for sure, the cost of living of the people, especially the lower income and the ‘no income’ will just become more unbearable or simply unbearable and unaffordable.

Thank God you are alive and have the good fortune and privilege to pay for this ‘living tax’. Is this a blessing or a curse?

2% or 3% GDP growth maybe about right for a mature economy

We are going to get this kind of growth rate for a while given the maturity of our economy. Many mature economies are going at the same rate unlike the emerging countries that are talking of 5 to 10% growth rate. We had a miracle of 15% in 2011 which could be the last flash in the pan.

What is not so comfortable is that the GDP growth is attained through high population growth, inflated housing prices, high rentals and high car prices, or at least these items contributed to a large extent to provide the growth numbers.

What would happen without the influx of more migrants, if property balloon gets deflated, if a more efficient COE system is implemented to replace this highly inefficient and loaded system? Where is the growth going to come from without high inflation?

Are our industries growing and chalking up decent numbers to give the GDP a positive number? Or are we running out of steam, running out of ideas and by hook or by crook we will need to inflate the economy, bring in more head counts, retain the COE to keep car prices high, keep housing prices high, keep medical cost high and higher? And yes, introduce Medishield Life to boost the GDP and whatever that needs to be boosted.

Without these highly inflated industries what would become of the economy? Is there a growth sector that can uplift the economy to show growth?

Dubai – Food for thought for material Singapore

‘So many myopic comments here. Myanmar is a far larger and more complex country than tiny Spore. And Myanmar should not adopt Spore’s style of meritocracy and penchant for material success.
 
A better comparison is Dubai which has emerged from the bleak landscape of the desert to be a vibrant financial and tourism place. Dubai is more than 95% managed and operated by foreigners and is thriving. They also have brilliant Emerati leadership and top class CEOs.
 
Singaporeans are a very unhappy lot. They do not appreciate the journey that Spore has taken since independence and Dubai imitated Spore initially but has over-taken Spore in many aspects.’
 
The above is a comment by a Webex in TRE. For a country like Singapore to be over taken by Dubai is nothing surprising. There was really not much growth in the island for many years if we take out the elements of influx of foreigners, the housing balloon, the ever increasing high rentals, the COEs and car prices and the high medical fees. These factors alone could have wiped out all the growth there was, or negative growth in their absence. How’s that?
 
But with the example of Dubai there is real hope. Singapore should imitate Dubai to over take Dubai with our brilliant leadership, at the moment second only to Dubai. What Singapore needs is to rely more on foreigners. 50% foreigners could only bring us 2-3% growth. Dubai is managed by 95% foreigners. If we follow Dubai, we could increase our growth by 4-6%, which is good. According to a banker Mak Weijie as quoted in the Today paper, ‘As long as the person is capable enough, it doesn’t matter what nationality he is.’ (My comment: Are you a citizen or a new citizen? We have a country, not a shop)
 
And what is 6.9m? Go for it, 95% foreigners, Singaporean core reduces to 5%, and we will be so much richer as a shop, oops, I mean a country. Our population could be what, 30m? Knn, what am I thinking?

Fake degree holders – Get out while you can

The Philippines Embassy is warning its citizens here to submit only genuine degrees and certificates and avoid being caught with their pants down. It seems that they have been given notice that the MOM is coming down hard on fake degree holders. If this be the case, it means that all the embassies must also been notified of the next move by the MOM.
 
For those fakes currently under employment here, it may be wise for them to get out while they still can. The easiest thing to do is to submit their resignation and return home as soon as they can. Any day of delay will increase the risk of them being detected, caught and charge in court. The sentence could be $20k fine or up to 2 years of imprisonment.
 
The window period for those who are here under fake qualifications is closing down fast. They must know how efficient the Singapore govt is when they made up their mind to go after the culprits. They are damn good. The real Singapore talents when tasked to do a job will do it extremely well. Get out you still can and do not hesitate or waste a single day here. Never think that you have been here for many years and you can get away with it. Trust the Singapore talents to do what they are good at.
 
Good luck. And this will also apply to those who have converted to citizens or PRs using fake qualifications. You will be caught. It is a matter of when. When the Singapore govt means business it is business. You have been warned. Just because things were slack before they can be taken as slipshod and did not know what was happening. When time to be efficient, you bet they will be very efficient. Our car park attendance is a good example of how good they are.

USA, The Biggest and Most Evil Rogue State

                                                     USA  --  The Biggest Rogue State And  International Terrorist Country

It is time to carry out a regime change in USA  -  The Evil Empire which is the cause of all troubles, wars, distability and strive in all aspects of life in this world. Since the end of the Second World War, USA has wasted no time in creating endless wars and distability in various parts of the world. The biggest industry in USA is the War Industry and so The Evil Empire has always been using the medium of wars as a conduit of sustaining this industry and enriching itself by selling arms to other countries at wars incited and fomented by USA through sowing seeds of dissension , suspicion and contention among the targeted unsuspecting victimised nations. The White American concept of perpetual and permanent warfares both direct and indirect through proxy wars has been on going and institutionalised since the first year of its independence from Imperial Britain. With this insidious policy America has always used it to grab lands and resources from other countries and to hold sway and hegemony over all other countries big or small. The original USA started with thirteen states comprising a territory of about five hundred thundred thousand square miles. Then with its aggressive policy of wars of expansion it marched westward to attack, conquer and eventually annexed all the selfgoverning native American Indian states and of course after killing eighty-five million or over ninety-percent of the native American Indians. Then from 1840s to around 1890s The Evil Empire continued  its war of aggression against the Mexicans and took by force Mexican lands of about one million six hundred and fifty thousand square miles comprising the present territories of Florida, Texas, Utah,Nevada, New Mexico, Dakota and California. At present this concept of perpetual wars of aggression and expansion shows no sign of stopping. Instead it is getting hotter and more hostile as can be seen in the American fomented wars and distabilities in the Middle-East, North Africa, in East Asia, South China Sea and its surrounding countries and South Asia in India , Pakistan and South West China.

The Evil Empire has created enough trouble, wars and miseries in this world. When can all the countries wake up and unite to put a stop to this Western carnage headed by USA? It is time the countries of the world unite to carry out regime change of the USA government, failing which it will allow The Evil Empire to drag the whole world to virtual destruction.

Southernglory1