12/03/2008
A sound legal defence
'An Australian journalist was sentenced to 10 months' jail by a Singapore court on Tuesday for drug offenses.... In his mitigation, Lloyd's lawyer Hamidul Haq told District Judge Hamidah Ibrahim that Lloyd did not consume drugs for "recreational purposes." Instead, he took them to "self-medicate" as he was suffering from chronic post -traumatic stress disorder.
Haq said Lloyd had covered many tragedies such as the Bali bombings and the 2004 tsunami disaster. And Lloyd used the drugs to stay awake as he was constantly plagued by nightmares when he fell asleep.'
The above was posted in YPAP forum by rajapisang.
I have another interesting defence plea which I am not sure will be acceptable but worth trying. The next defendent of a drug case may want to try quoting the pain of losing his life savings in the minibond fiasco and having nightmares everytime he closes his eyes. Taking drug is the only way to escape the pain.
The changing good life
In the 50s and 60s, a good life is to be a chief clerk, stayed in a wooden bungalow with a big compound, husband worked and wife a housemaker, 5 and a half day week, and retired to smell the roses at 55.
This is not too different from the Australians, a big sprawling home with a lot of space, dunno about single pay packet, 4 or 5 day week, and likely to retire at 50 to enjoy the rest of his years. But enjoyment starts every weekend which is likely to be a long weekend, either in the mountains or some beaches far away. And work stops at 5pm sharp everyday.
The good life of Singaporeans today is to be a minister or top civil servant, (cannot aspire to be a president, that is bad), 5 day week, two ministers better still, and work till 85 or drop dead whichever is later. And Singaporeans are expected to love working and working.
This is the better tomorrow for Singaporeans.
Our hotels are safe
We have the best men and most advanced surveillance equipment installed in all the hotels. And now we have the benefit of experience from the Mumbai attack to help us close the gaps. I think one of the things that all hotels will be doing is to vet their chefs for links to terrorist organisations. Their Indian counterparts would have provided them with vital information on what a potential terrorist would look like, the age, colour, height, passport etc etc. We should be on the look out for them.
I only hope that there is an attack on key vital installations like airports, govt buildings, shopping centres etc so that we will have all the information we want. Other than chefs, I think terrorists may also seek jobs like security personnel of such installations. And if they do, they will have a whale of a time every night to inspect every aspect of the installation and to prepare for the attack.
But I still have a problem. How could one detect a potential terrorist when his main task is to conceal all his background, links and intention to blow up the place? I think every terrorist will be a model employee where the boss will even think of marrying his daughter to him and let him take over the running of the organisation.
12/02/2008
A home song 8
My beloved homeland
I was only fifteen when I bade her goodbye
Stepping out into the night, misty in my eyes
But before the tears would flow,
The sky opened up, and my head went low
I will miss her, whenever I’m not here
Spring was refreshing, with the smell of new
Summer mesmerizing, with flowers of varied hues
Then autumn, a little sadness of a year going by
And winter came, glistening snow and wintry chills
I still miss her, every moment of the year
Sprawling fields of tulips and daffodils
Snow capped mountains and low lying hills
Mysterious forests and haunting tales
Flowing rivers steeped with medieval adventures
I still miss her, no place can hold so dear
Cottages, castles and chapels filled my eyes
Faces painted by the weather and climes of time
They brought along, songs and wines, all so fine
I feasted everyday, everywhere, losing myself in time
I still miss her, my beloved homeland, the land I left behind
Chorus
I can hear her crying, ringing in my ears
I can feel her heartbeat, thumping through my soul
I can feel the tenderness of her warm embrace
How I long to be in her arms, intoxicated in her loving graceI was only fifteen when I bade her goodbye
Stepping out into the night, misty in my eyes
But before the tears would flow,
The sky opened up, and my head went low
I will miss her, whenever I’m not here
Spring was refreshing, with the smell of new
Summer mesmerizing, with flowers of varied hues
Then autumn, a little sadness of a year going by
And winter came, glistening snow and wintry chills
I still miss her, every moment of the year
Sprawling fields of tulips and daffodils
Snow capped mountains and low lying hills
Mysterious forests and haunting tales
Flowing rivers steeped with medieval adventures
I still miss her, no place can hold so dear
Cottages, castles and chapels filled my eyes
Faces painted by the weather and climes of time
They brought along, songs and wines, all so fine
I feasted everyday, everywhere, losing myself in time
I still miss her, my beloved homeland, the land I left behind
Chorus
I can hear her crying, ringing in my ears
I can feel her heartbeat, thumping through my soul
I can feel the tenderness of her warm embrace
How I long to be in her arms, intoxicated in her loving grace
The above is copyrighted by redbean
Ah Seng, Ahmad and Muthu wanted
With the threat of terrorist attacks getting closer and more dangerous, it is time to call on Ah Seng, Ahmad and Muthu to come forward to protect this country. They may not be any big time celebrities, not anyone that is going to be noticed or missed if they disappear from the surface of this globe, but they can play a vital role to protect the people here.
Can we give some recognition to these nobodies? They can give us a peaceful sleep knowing that they are out there looking out for us. They are the people we can rely on in times like this.
Providing the people a good life
It is very difficult to define what is a good life for a Singaporean. There are the intangible, religious or immaterial aspects of living that some people will find more important than others. I know that this is very controversial but from the perspective of a govt, maybe a simpler definition base on material comfort could be a useful guide as a national objective. Spiritual or religious wellbeing is something that is beyond the govt.
In my opinion, a govt that can provide the average Singaporean with an affordable 4 rm flat and a small car(OPC also ok) and live comfortably without having to make ends meet every month would have been very successful. A supervisor or executive is a good reference point to take as they form the base of the population, and it is not unreasonable to expect them to live at a decent standard of living. If at this level they can say that they have a good life, the higher income Singaporeans would have nothing to complain about and the lower income would not be too badly off except for the extreme end.
If the govt can focus on such a standard of living for its people and design all the policies and cost around it, then Singaporeans can look forward to a better future, and more good years. If there is no such reference point, and cost is allowed to run away, and the bulk of the population falls to a level where everyone is struggling to make ends meet, then the govt has failed despite all the beautiful infrastructures and all the wealth accumulated by the nation.
The 4 roomers are the average Singaporeans. Their well being is an indication of the well being of the country, of whether the govt is doing its job and implementing its policies correctly.
Why did I feel that a simple objective like this has been forgotten and govt agencies, private or public, only think of how much money to make from the people instead of how well they are living?
From subsidy to market subsidy to market price
The word subsidy in the context of HDB flats were hammered for many years until it takes the form of market subsidy today. It was called subsidy at the very beginning until a lot of digging revealed that it was not subsidy as people knew or expected but a kind of subsidy off the market price.
When I looked into HDB website, I found that the prices of Pinnacle flats were priced at resale market price or at best a $2k subsidy using the average prices provided in the site. Until HDB explains where is the subsidy and how they got to price the second batch of Pinnacles at a subsidy or discount from market price, this is what it is. Market subsidy is near to market price or at market price.
12/01/2008
Terrorists were foreign talents
The terrorists were foreign talents and it was reported that some were hiding in Taj Mahal Hotel as trainee chefs! Wonder how many of them were hiding in other establishments that were kind enough to offer them employments and suffered the deadly attacks. Anymore in hiding and waiting to hit the second wave or third wave?
They should have scrutinised their foreign talents more thoroughly. But on second thought, it is difficult for an open economy that welcomes foreign talents to do so. They could even forged their certificates and country of orgins.
Malaysia connection? Just a ruse.
Instant counter strike force
The speed in which the terrorists struck and the killings that followed demands the response of an instant strike force to be always ready to counter attack in 10 minutes or less. Once the terrorists are in and open fire, the only thing to do is to take them down as quickly as possible with a ready trained force. Any delay will only cause more lives and destruction.
The privilege of intelligence gathering and border checks, coast guards etc is only a first line of defence. Once broken, it is all decided on the ground, the battle field.
Do we have the capability of mounting special counter strike forces at the press of a button and be at the scene in less than 10 minutes?
Relentless attacks on Tan Kin Lian
There is increasing momemtum in cyberspace to run down Tan Kin Lian. The attacks and biased questioning of his intent and his integrity appear to be quite coordinated. It is relentless and will get wilder if no one is putting a stop to it.
I do not know Tan Kin Lian nor have met in socially. But from what I have seen and heard, he is no better and no worst than the best politician we have today. Just like in hollywood, Richard Gere, George Clooney, and who else, are the perfect screen idols that the media is churning out. Do you know the other side of the story? Everyone has many facets in their lives, the good and the not so good, and the warts.
Let the one who has not sinned be the first to cast the stone. Human beans shall not pretend to be as white as gods, no blemishes. And small people shall not be used to go around tarnishing other good men with small blemishes. Your gods may have warts the size of a mountain.
At this stage of our political development we need more able and good men to stand out to serve the people. The last thing we want to do is to run everyone down just because he is not one of us. A little graciousness is the order of the day. Those who are ungracious shall not talk about graciousness.
Let the thugs be thugs and good men be good men.
Greed and irresponsibility
'Too few bankers challenged the wisdom of lending poor people more money than they could afford to buy houses that were over-priced. As for those who did best out of capitalism, too often they flaunted extravagant lifestyles. No wonder the public has turned on them with a vengeance now that capitalism has gone off the rails.'
The above was quoted from The Telegraph and posted at TOC. It succintly tells the same story around the capitalist world of greed and profit at all cost, without morals and responsibility. Bankers just want to lend as much as they could for profit. Developers just build and build to sell at ever higher prices. And everyone singing, oh so clever. Profit is good. No one, including the bankers, bother to ask whether it is value for money. Sell the properties as high a price as one can get. To be able to get suckers to buy is a great talent. The suckers can die later, doesn't matter.
Abusing Hong Lim Park
Tan Kin Lian's gathering at Hong Lim was affected by an Indian Cultural Event staged at the same venue. And the attendance to Kin Lian's talk was dwindled to 200. Surprisingly many still chose to turn up despite a call to cancel the talk.
Why should a cultural events be staged at Hong Lim when approval for such events should come quite easily anywhere? Hong Lim as it is reputed for, is for the airing of social political issues that cannot be done anywhere else. Community and cultural activities organisers should bear this in mind and hold their events at other more appropriate venues.
Terrorist Attacks!
This is almost an unstoppable threat that many countries are facing. And we have to face the grief with the tragic death of Lo Hwei Yen in Mumbai. She was there, wrong place and wrong time. Nothing more, nothing less. Terrorist threats can be any where, can be at home if we are not careful.
It was a sad and unnecessary loss of a young bubbling girl, one of us. It is natural that all of us feel the pain and sorrow, from the President, PM, SM, DPM and everyone in the street, her loved ones, her relations and those who do not know her. Not often that we have to feel this way as a people.
Our security forces can do all they could, but don't expect them to provide a net that can keep the terrorists out. They will slip in if they want to. Just don't give them a reason. Don't stir the hornets' nest. 10 gun totting terrorists in Orchard Road or Shenton way will kill more than the 200 in Mumbai for sure.
Let's keep vigilant and pray that it shall not happen here. And pay some remorse to those young men who died in NS in the call of duty to keep this place a safer place. They were not in the wrong place and the wrong time. They were there specifically to serve the country. And many have died. And the tragedies of their premature deaths were never less than dying in Mumbai. Their parents lost their sons, some, only sons, for the country. We need a little outpouring of grief the next time another young man dies in the course of duty for the country.
11/30/2008
Go home early to make babies
Last week I read that Japan is encouraging its young to go home early to make more babies. The same justification as in many countries, an older and dying population needs renewal. You need two young to support an old. So the world is all clamouring for more babies with more monetary incentives. Is this a good thing? The equation, if fully practised, will lead to a population explosion. And this mother earth is already gasping for breath to keep up with sustaining a 6b population. They are expecting it to go to 8b in the near future.
There are physical stress, resource stress, climatic stress and political stress facing civilisation and mother earth. Instead of a trimming exercise which nature does every now and then to shed some weight, we are trying to put on more. The ingenuity of humankind will find its way to survive with ever growing population, or it shall perish.
When will human kind admit that mother earth can just support that much lives and it is time to stop adding on? Why the rambling, let's go for the 6m or 10m. Things will go work out naturally.
Gambling with your only asset
Gambling or trading with your home or gambling with your only asset or flat, private or HDB. Not many are house owners. Does this statement tickle anyone? Many of us just have a flat that we called home. This is all we got, the most expensive asset. Shall we be trading this every now and then? At the way we buy and sell our flats, and the way prices fluctuate up and down, we could be buying and selling the same flat over and over again. And if we are lucky, we may end up with some extra cash, or lose some in most cases as the transaction cost is not low.
So, shall heartlanders be gambling with their only asset? Or is it a good idea for this asset to keep running up in value? Should be good isn't it, that a flat one bought 20 or 30 years ago is not worth 10 or 20 times its value. Time to cash out and downgrade, and make a tidy sum. The question is whether this process is worth it, downgrading for a little more pocket money. Often the downgrading is not meaningful as the price difference between a 5rm and 4rm or 4rm and 3rm is so small after subtracting transaction cost and the normal appreciation of the value of money invested. The small gain is an illusion. To be meaningful, the downgrade must be fierce, 5rm to 3rm or rental flat, or private to a smaller HDB flat.
The other fallacy to this ever increasing price paradox is that property prices should go up in leaps and bounds over the years. Using the past statistics, a 5 rm flat that was priced at $27,500 in the early 70s is not priced at $500K, nearly 20 times in monetary gain. If this is to hold true into the future, a 4rm flat selling at $300k today must fetch $6m into 30 years time. How much will an average Singaporean's income be for him to be able to afford this palace in the sky?
Would it be better if this only asset be allowed to appreciate in a slower pace over time without it becoming a betting instrument, swinging wildly, and owners sometimes happy, sometimes angry. For the young, always angry because it is like chasing a fleeting dream. Is it likely that our average young executive or a supervisor will be getting a monthly salary of $30k or $50k? Possible, and our currency will be no different from the infamous banana money. I think many countries are in such a state at the moment. We can be one too.
11/29/2008
Act now before the next meltdown
This is the heading of an article by Paul Krugman in the New York Times and reprinted in the ST today. His primary concern is the failure to look at the serious problem when all the early signs were there which led to this financial meltdown. America pulled throw several near disasters, at the brink of collapses, but instead of understanding how they got so close to failures, gave themselves all the encouraging and triumphant pats on their backs, and pronounced how clever they were to avoid the falls.
The lessons to be learn is to sit back and take a quick look at our own situation and examine if we are sliding towards the edge. And I think we are. The psyche and culture of greed and instant wealth will burst our bottoms before we know it or see it coming. We are in a state of delusion and intoxicated in our past successes. We have triumphed over all obstacles and we think we can continue to bullshit our way through. The thing is that if we are hit by a version of the American financial tsunami, I don't think we can absorb the blow. We would have to sell everything, including father and mother, to get back on our feet.
Where are the fault lines? The stock market is one. You cannot build a market that is dependent solely of foreign funds and support to survive. Trying to be a mountain when we are actually an anthill is not only being ambitious, but maniacal. For the moment our market still looks like it is a big market with huge volume of trades executed daily. In reality it is like a hologram. Fictitious trading, or left hand to right hand, is the reason for the high volume. Then there are the rules and mechanisms that do not provide a level playing field for all players have distorted the meaning and viability of the stock market. It is waiting to collapse. Wait till the funds pull out. We will be left with a gaping hole to fill.
The high property prices, particularly in the private sector, which also affect the prices of public housing. When the citizens have to pay a life time ransom for a place to stay is perceived as good and healthy, it tells a lot about the faulty mindsets of supposedly brilliant people. The high cost of properties is unsustainable in the long run as it will require a high income to support the prices. In the case of private properties, the few local super rich have bought whatever they could and are waiting for some suckers to offload from them at a profit. But the locals from public housing would barely be able to do it, except for a very few. So open the flood gate for foreign suckers to come in. And that is good. Sell our limited land to foreigners with the dole. Keep building more and more and at ever higher prices. The music will stop one day.
The corollary to this madness is the rentals of shops, houses and factories. Just keep driving them up and the landlords will laugh all the way to the bank. One Tay Boon Yong wrote to the ST this morning complaining that his landlord, the HDB, has just informed him that his rental will go up by 20% in January 09. I presume someone will say this is inevitable, imported inflation, or HDB is now a private organisation and must answer to its shareholders, or profit is good. I am so tempted to use the 4 letter word here.
Quick profit, by sheer market forces of supply and demand, is the easiest way to make money. The next easiest is monopoly or by edict. In the tiny world of ours, it is so easy to corner the market and put undue pressure to create the forces that favour high prices of everything. Even public transportation will be a victim of such a mentality. Hospitals, education, and anything, can be manipulated by quoting market mechanism or forces as an excuse to raise cost and price.
If we keep going down this road unchecked, a few silly buggers who think that they are smart enough and fortune will smile on them forever, will think this is the best way to go. But the majority, which will also count these silly smart asses, will not be able to cope in the long haul. Many will have to struggle all the way while the few smart asses will have their turn to cry when fortune slams the door in their faces.
The ancient wisdoms of thrift, lower cost, steady and sustainable growth in small increments are not called wisdoms for nothing.
11/28/2008
Myth 197 - No freedom of expression
Recently there seems to be a lot of complaints that Singapore is very uptight and lack of freedom of expression. People even got worried about what kind of T shirts they are wearing. Where is the sense of humour? Huh, what's humour?
I think it is all a mis representation. I have all the freedom of expression that I need here, writing my forum/blog. I can even call Bush an idiot. No one has ever said that I can't write such stuff. We are very free actually, and very mature as a people.
Quibbling over taxi charges
There were two letters in the ST forum on the various charges that commuters need to pay for taking taxis. With the economic situations getting bad, many are trying to find ways to save a few cents if they could. The two letters made suggestions to the taxi operators to waive these surcharges or that fees to make it less expensive.
Strange that these people who can afford to enjoy taking taxis will be bothered with these small charges. I cannot afford to take taxis so I choose to take MRTs. Much cheaper and can save dollars instead of cents. I am sure many of you will agree with me that if cannot afford, one should not take taxis. If want to take taxis, then be prepared to pay the price. If everyone can afford to take taxis, then the roads will be congested again and more ERPs will be up.
Let the price mechanism determines who shall have a free ride down the expressways, who shall ride on taxis, who shall take MRT and buses, and who shall ride bicycles or walk. There is a price for everything.
I am convinced
I was not too convinced even with the regular gaffes coming from George Bush that the democratic process of electing leaders is not workable. Now we are seeing another Bush in Taro Aso, making as many gaffes as Bush in a single day. Then in Europe you have Sarkozy that is not cut out to be a President but more a socialite.
The other aspects of failed democracies are the less than able leaders being elected for queer reasons all over the world. And democracy, without power and good leaders, will fail badly like what we are seeing in Thailand today.
We must thank ourselves for the great political system that we have in throwing the best leaders from a land that is lack of talents. I am now convinced that we should have a one party system, and do away with elections forever. Oh, election within a one party system should still take place, not the multi party democratic election. In that way we can ensure that only the best leaders are kept in power to help run the country for as long as they can.
Our model will be the model for the rest of the world to emulate and to reject at their own risk.
11/27/2008
A prick on the conscience
Someone just sms me of a news clip saying that ex senior executives of UBS have returned US$58.2m in bonuses and wages to the bank.
After posting the heading, I kind of like the punt. What a prick!
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