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Archive for 2017|Yearly archive page

Why S’pore’s growth is so gd this year

In Economy, Property, S'pore Inc, Shipping, Temasek on 12/12/2017 at 10:17 am

And next yr’s should be better.

Nothing to do with the PAP administration.

All down to the recovery in global trade.

Since 2010 global trade has, by and large, shown only lacklustre growth. Once expected to grow regularly at 1.5-2 times global gross domestic product, trade has been growing at, or even below, the rate of broader economic output in recent years, prompting some to proclaim the end of an era of “hyperglobalisation”.

This year is expected to be the best in recent history for global trade. The WTO in September upgraded its forecast for world trade growth, predicting it would expand by 3.6 per cent in 2017. That is largely the result of a better global economy. For the first time since the crisis all of the world’s major economies are in relatively rude health.

FT

Don’t overleverage in property

But the recovery in global trade remains far from a boom and there are still plenty of signs of fragility.

FT again

And yes the scholar and SAF general now running SPH screwed up big time when in ran NOL. selling it when the cycle was turning.

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Quiet activist looking at his bank statement and smiling

In Uncategorized on 11/12/2017 at 11:10 am

The whacking persecution prosecution of Jovolan Wham (Jolovan Wham: Money talks, BS Walks do-gooders),has the ang moh tua kees, cybernuts, progressives and social activists sullen and despondent despite Christmas being the time to be jolly.

So I tot I’d cheer them up with the story of a quiet activist and progressive who by annoying the PAPpies is laughing all the way to the bank. Better still he double annoys the PAPpies because they know that he’s making money by annoying them

Edmund Wee is a very quiet warrior. Via some of the books he publishes, he walks the walk, not talk the talk, of a progressive S’pore unlike Lim Tean (Remind Lim Tean, it’s December).

Readers of this blog will know that Edmund Wee’s firm had to refund a National Arts Council (NAC) grant Charlie and Edmund, a graphic novel about the Schoolings pls. Note the the ST headline (a month or so ago) “Very few arts projects for which official funding is withdrawn: Baey Yam Keng”.

What readers are unlikely to know is that he’s making serious money from Charlie Chan: the book has sold 24,000+ copies here and 9,000 copies in the US/UK. And is being translated into other languages including Real Chinese (not simplified Chinese).

He shows that there is money to be made from propagating progressive tots here.

What regular readers may not know is that Edmund also published Jeremy Tiang’s “State of Emergency” after the NAC withdrew a grant from the Singaporean author because the content of his book changed from his original proposal, said Minister for Culture, Community and Youth Grace Fu.

In a written response to Parliament earlier this year, she said that in Tiang’s case, “the project did not meet the funding requirements mutually agreed upon as the content in the book deviated from the original proposal”. ST

Jeremy Tiang’s “State of Emergency,” which follows a family caught up in the Communist insurgency in Malaysia after World War II, and Singapore’s often brutal crackdown on suspected leftists during the Cold War.

—————————————————

Tiang, an established writer and translator, was initially given an Arts Council grant but had his funding withdrawn after submitting a draft, ostensibly because he had deviated from his original proposal.

https://asia.nikkei.com/Life-Arts/Life/Singapore-s-rebel-bookseller-seeks-new-narrative


Sadly this book’s sales are so-so: the best outcome for locally published books. The usual fate of books (example M Ravi’s Kampong Boy, not by Epigram) is to remain largely unsold.

But Edmund has another winner. Edmund is also behind “The Phantom of Oxley Castle” which sold 800 odd copies (Print run of 2,000) before its launch because of a TOC story that got the anti-PAP mob rushing to buy the book online. And then feeling cheated when TOC had to retract the claim that PM was going to sue the publisher. Read the twists in the plot at https://www.theonlinecitizen.com/2017/11/13/tocs-account-on-the-potential-legal-actions-surrounding-the-phantom-of-oxley-castle/

One cybernut even threatened to make a police report against Edmund Wee, saying he cheated said nut and his friends. As though, the police would take the word of TOC, no friend of the police.

But lest Edmund Wee be tot to be anti-PAP, as distinct from having progressive views, he’s also published a kids’ book based on an adult book praising Philip Yeo. Philip Yeo attended the kids’ book launch which also doubled as a charity do.

He’s also published a kids’ book on

How did a boy who was kicked out of school (twice!) and ran away from home end up being the President of Singapore?
Find out in The Runaway Who Became President, taken from our Prominent Singaporeans series

There was once in the US, a black civil rights activist who went into publishing. He became very rich and was accused of selling out. He said something to the effect that his magazines (which targeted a black audience) entertained while educating and mobilising his audience.

While Edmund is not that rich (yet) he’s entertaining, educating and, hopefully, mobilising S’poreans especially the young.

Has Ravi apologised for abusing and hurting a grieving mum?

In Uncategorized on 10/12/2017 at 1:35 pm

(Or Why a Mandatory Treatment Order is the least bad option for M Ravi and society)

I reported here (M Ravi apologises for assaults after pleading guilty) that M Ravi is to be assessed  by an Institute of Mental Health (IMH) psychiatrist as to his suitability for a Mandatory Treatment Order (MTO), after he pleaded guilty to several charges.

A TRE reader pointed out

nathan:

If the Mandatory Treatment Order comes to pass then Ravi can be detained in the IMH indefinetly at the mercy of psychiatry review after psychiatry reviews stretching for years until the panel of IMH doctors all agrees that Ravi is ready for release for outpatient treatment. I am sure Ravi is aware of the implication and will resist it best as he can in Court. The MOT is more feared than a normal jail sentence for those familiar with our criminal justice system.

Put it this way, this sounds unfair and really convenient for the PAPpies but consider what Ravi did when he was sick because he refused to take his medicine regularly.


But don’t be too harsh on him for trying to avoid taking his medicine

Common side effects of these medicines include:
  • Nausea, vomiting, and diarrhea.
  • Trembling.
  • Increased thirst and increased need to urinate.
  • Weight gain in the first few months of use.
  • Drowsiness.

M Ravi out on bail, resting

———————————-

Recently, Jovolan Wham was charged among other things for organising a vigil the night and morning before the hanging of Praba. This reminded me of Ravi’s abusive aqnd hurtful behaviour towards Prabai’s mother during that unfortunate time for her and her family. Fortunately our men in blue intervened.

His many cybernut FB fans were delighted that their hero M Ravi behaved like one of them at the vigil:

At about 5:30am, Ravi, who was accompanied by George — his ardent supporter— appeared at the vigil to berate everyone there. Most of the people he confronted tried to bring him away from the grieving family by engaging him and walking away from the vigil.

After some time, he approached Mdm Eswari and told her in Tamil that “she was responsible for her son’s death as she heeded the advice of Mr Choo and the anti-death penalty activists in Singapore.” When those present confronted Ravi to take him away from the family, he held on to Mdm Eswari, insisting that she was his client. He started spewing Tamil vulgarities at the top of his voice to those who argued that he should leave the mother alone and settle whatever problems he had away from the family. He even shouted at George when he tried to restrain him. Ravi was also seen berating journalist and anti-death penalty activist, Kirsten Han.

After being separated from the family, he then proceeded to throw soya bean at a volunteer cameraman after asking him to film the scene. It was around this time that all the plainclothes policemen who were observing the vigil stepped in and restrained Ravi. They managed to keep Ravi far away from the vigil for the rest of the night. For their professionalism and sensitivity, due credit must be given.

Thankfully, at least as far as Praba’s family was concerned, that was the last they saw of Ravi. He continued his rants online.

https://coconuts.co/singapore/features/m-ravi-unforgivable-behaviour-case-executed-malaysian-drug-trafficker/

They must be really proud of him, causing unnecessary pain and suffering to a grieving mother and her family.

They will be even prouder of his abusive behaviour earlier in the day (read article).

Whatever, I’ve been told that he has not apologised to the lady and the family even though he has apologised publicly for assaulting two lawyers. But then he was charged and pleaded guilty to the assaults on the lawyers and may be hoping for a lighter sentence, and the avoidance a of MTO. Praba’s mum and family never made a complaint to the police.

When Ravi’s lawyer said in mitigation that he wasn’t the kind of guy who went round assaulting people, I laughed. He’s worse: he goes round abusing and hurting a grieving mum. And then doesn’t apologise when he comes to his senses.

He may be bi-polar. But he has admitted publicly that he had refused to take his medicine regularly. I know of a lady who is bi-polar. She keeps bi-polarism at bay because she takes her medicine regularly even though the medicine result in her feeling physically ill. She has written about her struggles.

If M Ravi cannot willingly take his medicine regularly, then sadly an MTO is in order both for his own good and the public good, even if the PAPpies benefit by having a human rights warrior narginalised.

Double confirm, S’poreans are cheapskates

In Uncategorized on 10/12/2017 at 6:02 am

for Singapore’s BeLive, the level of virtual spending remains pretty low. Chief executive Mr Tan tells me that over a 90-day period, most users spend $4.

Or as is more likely these are the born-loser cybernuts from TRELand and Chris K’s FB wall (This is becoming the new home of the nuts because Chris K doesn’t ask for money to keep his wall going). Always complaining of Paying and Paying, while other S’poreans get on with life, spending and spending.

Mobile analytics consultancy Appsflyer found that in 2016, the average global user spent $0.50 per app that provided purchasing options. By region, Asian users spent the most, at $0.70. Europeans spent a mere $0.26.

That tendency to spend underpins one part of the way streaming platforms monetise, allowing viewers to pay for virtual tokens that are used as currency on the platform. Viewers send these virtual gifts to a streamer who – once the platform takes a cut – can cash them in.

Still, for Singapore’s BeLive, the level of virtual spending remains pretty low. Chief executive Mr Tan tells me that over a 90-day period, most users spend $4.

But in China, which according to tech research consultancy IDC has a live streaming base of around 300 million, the industry is more professional and top streamers can draw a wage from the pastime.

http://www.bbc.com/news/business-42007408

 

Hope not failed Jihadist attack near where I live

In Uncategorized on 09/12/2017 at 4:56 pm

I’m concerned that this incident could be an attempt to imitate a London Jihadist attack. I know the location of the florist store and the market. They are nowhere near a road or car park. They are deep in a pedestrian only area. So a skidding car seems out of the question.

Three people were injured after a car crashed into a market in Marine Terrace on Saturday (Dec 9), the police said in statement.

The incident occurred at around 12.30pm involving a car and three pedestrians at Block 50A Marine Terrace.

Read more at https://www.channelnewsasia.com/news/singapore/3-injured-after-car-crashes-into-market-in-marine-terrace-9484676

In “Pa”‘s long shadow

In Uncategorized on 09/12/2017 at 6:38 am

For most of his adult life James Murdoch has worked for companies controlled by his father. From Hong Kong to London and then New York, he has traversed his family’s global empire, managing vast media businesses such as Sky in the UK and, most recently, 21st Century Fox in the US. Yet he has never quite escaped Rupert Murdoch’s long shadow.

FT

I’m sure this description of James Murdoch reminds S’poreans of someone.

It certainly does for me.

What do you think? Does this description of James Murdoch reminds S’poreans of someone.

Update at 6.42:

The article expects him to go do his own thing soon, breaking away from the family. Something the S’porean that he reminds me of is likely to do in the next few yrs.

Why Jolovan Wham’s vigil singled out?

In Uncategorized on 08/12/2017 at 11:27 am
I understand quiet vigils outside Changi Prison have been “allowed” for a long time. So the police intervention to disrupt* part of the vigil for Prabagaran was surprising; as was the investigation of the vigil, the charge against Jolovan Wham and warning letters issued to the usual suspects present at the vigil: the usual trouble makers like Kirsten Han.
When TRE used Why Jolovan Wham kanna whack? there was a response from a TRE reader that may shed some light on why the police did what they did.
nathan:

The G was feeling the heat and getting nervous with the execution of Singaporean drug trafficker Muhammad Ridzuan Md Ali, 31 who, was executed on Friday (May 19) at Changi Prison. His accomplice was spare the noose while Ridzuan refused to rat on others involved to the CNB. So one get a second chance to live while the other got to die for the same capital offence.

For once, there was an outpouring of collect grief by the Malay community. It was an unprecedented sympathetic huge gathering at Ridzuan funeral as he was buried and lay to rest at the Muslim cemetery captured for all to see beamed live via videos in the Internet that must taken the Government aback.

Not long after this execution it was the turn of a Malaysian drug trafficker Prabagaran to be hanged. Jolovan Wham held an vigil for him. Unfortunately for JW, the G was not in the mood for any activists to play up any unwanted publicity for Prabagaran after what the G had seen of the aftermath of executed Ridzuan.


*Kirsten Han’s FB post

About 15 people, including Prabagaran’s family, are gathered outside Changi Prison for a vigil for Prabagaran, who is scheduled to be hanged at 6am.

We put up photos of Praba and lit tea lights for him at about 11:15pm. At about 11:30pm the police came to tell us that we can’t set up the candles and photos. They asked that we put out the candles and said they had to seize everything according to their police procedure. They filmed and photographed everything – including the people who were present – and took away the candles and photos.

It seems like we’re able to stay.

[UPDATE at 6:40am] People dispersed around 1:15am to get showers/rest/food. We met up again at about 5am. Praba’s family were able to stand by the fence and pray. Thank you to all those who attended the vigil or sent your thoughts and wishes to the family.

 

How Norway’s SWF sees S’pore property

In Property on 08/12/2017 at 7:32 am

Talking about commercial property here, Karsten Kallevig, head of the fund’s property business, might have unwittingly explained why S’poreans vote for the PAP:

the fund had found it harder in Singapore due to “different dynamics” but was persisting there. He added that rents were very volatile in the city state while capital values were more stable. “With pricing and opportunities . . . we have not been able to conclude on anything that for us provides the confidence to start investing there.”

FT report

He is saying, he can’t get in at what he considers to be a gd entry price, yield-wise. Global investors especially SWFs look for relatively attractive yields when investing in commercial property.

What this means is that those invested here in commercial property do so because they continue seeing capital values going up long term. Because they know that S’poreans will keep on voting for the PAP, who is the friend of capitalists? Eat yr heart out anti-PAP cybernuts.

Eat blemished fruit

In Financial competency on 07/12/2017 at 1:41 pm

Half of them acknowledged that they could have taken steps to avoid food waste generated from leftovers after a meal, food expiring or becoming spoilt, and throwing away blemished fruits and vegetables.
Read more at http://www.channelnewsasia.com/news/singapore/half-of-food-thrown-away-by-singapore-households-can-be-avoided-9464560

This reminded me that for several months now I’ve been regularly buying and eating pears whose skins don’t look that nice. I wouldn’t give them away as presents or use them as altar offerings but they are good to eat and are sold at knocked down prices. A pear that should be going for $2-2.50 is sold at $1 because the skin is less than perfect.

And slightly damaged or overripe pears are sold for 50 cents each. Just cut off the damaged bit.

From BBC article

‘Use by’ Vs ‘best before’

Best before

  • “Best before” dates are about quality, not safety.
  • When the date has passed, it doesn’t mean that the food will be harmful, but it might begin to lose its flavour and texture.
  • The “best before” date will only be accurate if the food is stored according to the instructions on the label.

Use By

  • “Use by” dates are the most important date to consider, as these relate to food safety.
  • “Use by” dates are found on food that goes off quickly, such as smoked fish, meat products and ready-prepared salads.
  • Don’t use any food or drink after the end of the “use by” date on the label, even if it looks and smells fine.
  • For the “use by” date to be a valid guide, you must follow storage instructions.
  • Once a food with a “use by” date on it has been opened, you also need to follow any instructions such as “eat within three days of opening”.
  • If the “use by” date is tomorrow, then you must use the food by the end of tomorrow, even if the label says “eat within a week of opening”.

source: NHS

http://www.bbc.com/news/uk-42223507

Wah lan SMRT CEO so cock isit?

In Corporate governance, Infrastructure, Temasek on 07/12/2017 at 5:09 am

Scholar and ex-SAF commander is so useless that Khaw, Temasek and SMRT thinks he needs more supervision, a lot more.

It’s not me or angry commuters or the anti-PAP mob saying this. It’s the constructive, nation-building media reporting comments by Temasek, SMRT and Khaw.

If he’s so in need of supervision, why not fire him? Or cut his salary by half? Meritocracy? What meritocracy? Meritocratic hubris/ Who defines “meritocracy”

Here’s how MediaCorp reported the story. ST’s report is along similar lines so maybe there was a dictator dictating the narrative?

Temasek-backed Pavilion Energy’s CEO Seah Moon Ming will step down to focus on his role as chairman of train operator SMRT.

CNA

That shows that Temasek thinks he needs more supervision.

And so does SMRT because

In a separate media release, SMRT said it is “pleased” that when Mr Seah took on the chairmanship in July this year, he had planned to prioritise more time in the role.

“Under the guidance of Mr Seah and our board, SMRT remains focused on delivering key initiatives such as asset renewal efforts, while it continues its multi-year effort to strengthen management, operations and maintenance teams, and build robust engineering and operational capabilities for future needs,” SMRT said.

“The board, CEO and management of SMRT welcome the opportunity to work even more closely with Mr Seah from Feb 1 2018.”

Read more at https://www.channelnewsasia.com/news/singapore/pavilion-energy-ceo-seah-moon-ming-stepping-down-to-focus-on-9470572

As to Khaw, Desmond’s public defender

Earlier on Tuesday, Transport Minister Khaw Boon Wan called for more support for the SMRT chairman, after saying that the flooding of the Bishan-Braddell MRT tunnel on Oct 7 was not a failure of engineering, but a “failure of organisational management at SMRT”.

CNA

 

 

 

 

 

 

Different Parties’ Slogans

In Uncategorized on 06/12/2017 at 2:05 pm

Appeared on FB

P.A.P. – PAY & PAY.
S.P.P. – SO, PLEASE PAY.
W.P. – WHY PAY ?
S.D.P – SO, DON’T PAY.
N.S.P. – NOBODY SHOULD PAY.
S.F. – SO SELFISH!!!

Someone added

R.P. – Refuse (to) Pay

I’ll add

D.P.P – Don’t Pay Party

Why Malay name for “otter” is apt

In Environment on 06/12/2017 at 7:53 am

The name reminds us that otters have fangs and claws and are prepared to use them.

Yes, another tale from Udrahpore or Otterpore:Udrahpore not Singapore

This pix from OtterWatch, reminding S’poreans that otters are protective of their pups, reminded me that the Malays call an otter “anjing air”. This translates literally into “water dog”.

 

And yes, the Chinese term for “water dog” is  “sui kow”, the name of a type of Chinese dumpling.

So the original dumpling was made using otter meat?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Remind Lim Tean, it’s December

In Uncategorized on 05/12/2017 at 8:56 am

Didn’t he promise a defamation video and a jobs rally by end-November?

The defamation video is in the process of being finalised . We are adding animation so it is taking a bit longer than expected . But we should be able to release it in the 1st half of November . Apologies for the delay .

As for the jobs rally , that was postponed because of the anticipated Presidential Elections and the ensuing outcry following the walkover . We are planning to put on the rally in November and have an exciting lineup of speakers . We intend to have a jobs rally like never before and will be informing Singaporeans of details soon !

Lim Tean to me in late October Update on Lim Tean’s video and rally

Has anyone seen the video or attended the job rally?

I may have missed the video and the rally, though I doubt it.

I think he hasn’t walked the talk, though I’m happy to stand corrected.

Now I’m not too fussed about the delay in the rally because it’s the rainy season, and anyway the economy is picking up nicely thanks to the PAP global economy picking up.

But the video is something that S’poreans need.

Will Lim Tean make the release of his video his Chrismas present? Maybe he was too busy celebrating his birthday in November?

Or failing that he should make the video his ang pow for Chinese New Year in mid February? This would also good time weather-wise for the rally, though by then there may no longer unhappy, unemployed true blue S’porean PMETs.

Whatever, I hope Lim Tean doesn’t turn out to be another talk cock, sing song artiste like another other No Substance Party former secretary-general. Think Goh Meng Seng, a real talk cock, sing song artiste. By encouraging Tan Kin Lian to stand as president, he was instrumental in helping the PAP deprive S’poreans of president Tan Cheng Bock. No wonder he’s smiling.

Image result for Goh Meng Seng + banana

Real reason why S’pore wants to be a Smart Nation

In Economy, Infrastructure, Internet, Political governance on 04/12/2017 at 3:35 pm

Prime Minister Lee Hsien Loong says efforts to simplify and integrate electronic payment systems are underway, including making such a method available at hawker centres, in a bid to transform the country into a Smart Nation.
Read more at http://www.channelnewsasia.com/news/singapore/national-day-rally-singapore-to-go-bigger-on-e-payments-with-9140068

Makes survelliance of the sheep people a lot easier. Black-listing of trouble makers will also be easier.

Companies in China, including Alibaba, Tencent and Baidu, are required to help China’s government hunt criminal suspects and silence political dissent, and their technology is being used to create cities wired for surveillance. (WSJ)

NYT Dealbook

I wrote this Coming here, China’s new tool for social control? sometime ago

Beijing wants to give every citizen a credit rating for everything.  Citizens’ ratings are to be linked with their identity-card numbers. The rating will be based on behaviour such as spending habits, turnstile violations, filial piety and “assembling to disrupt social order”. These scores can be used to blacklist citizens from loans, jobs and air travel.

Will Roy, Meng Seng and s/o JBJ help Amos now?

In Uncategorized on 04/12/2017 at 4:24 am

What will the people pictured below do to help Amos? If he isn’t helped, he’ll spend Christmas on the mean streets of Chicago in winter.

Amos the Fabulous has been told to leave his present lodgings by 21 December because there are young children also living in the same place. His views on sex with children and child pornography have led to concerns that he could be a clear and present danger to the children.

He has asked for someone to give him another place to live in. Maybe Goh Meng Seng will offer his private jet?

“Jesus was falsely accused, too”: Does Amos support child pornography?

Image result for Goh Meng Seng + banana                                                                                             

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Home away from home in Devon, England

In Humour on 03/12/2017 at 2:45 pm

Homesick S’poreans living in or visting the UK should visit Dawlish in Devon

Signs

The Trip Advisor review, from a person called SW stated: “There are literally dozens and dozens of them – everywhere.”

The reviewer continued in a later post: “Dawlish looks old, sad and ridiculous with so many notices. It feels oppressive for visitors.

“If you want visitors then try welcoming them! Forget the ‘Do not do this’ and the ‘Do not do that’ and start looking at the contradictions, confusion and general negativity it brings.

“I truly have never in my lifetime visited anywhere so bad in this respect.”

http://www.bbc.com/news/uk-england-devon-42193092

This response is so PAPpish

Vanessa Riley from Dawlish Chamber of Trade insisted that many of the signs were necessary: “People that have not seen the signs have let dogs off.”

She explained “quite a few” of the town’s popular black swans have been lost to dog attacks over the years.

 

Jolovan Wham: Money talks, BS Walks do-gooders

In Political governance on 03/12/2017 at 7:07 am

My FB avater is kinda tired of getting messages from do-gooders to sign a petition to get the authorities to drop the charges against Jolovan Wham. It’s as futile an exercise as Inderjit Singh banging his turban against a wall asking for help for SMEs. It’s a waste of time.

When TRE used Why Jolovan Wham kanna whack? a TRE reader made a suggestion that these do-gooders would be wise to follow: help raise money “for him to fight the case”.

ftvhunik:

If can, someone just do crowdfunding for him to fight the case. Tbh, if one want to make a different for sg, either change from within, study well and join the opposition, be an activist but knowing the law well or simply escape this country for good. You will never get a good ending when you against the gov.

Singaporeans are not worth for all these sacrifices that you have done for them, they will u turn taking advantage of you and ungrateful to you by calling you dumb instead. Just let them screw and suffer from the shitty policies, one day they will wake up themselves and understand things.

Kee Chui those willing to donate?

Amos in the land of the free

In Uncategorized on 02/12/2017 at 11:24 am

Update on 3 December at 2.45pm: Amos has posted that he has to vacate his present lodgings by 21 DEcember because the authorities don’t want him near young children because of his views on child sex. He’s asking for help to live in the nearest 5-star hotel. OK, I made up the 5-star bit.

Amos learns about the environment in which “freedom of expression” opeates in the land where the buffalo roam . While he has freedom of expression, people can express their disagreement or disgust by barring him from public forums: he’s been KPKBing that that’s what happening. They can even threaten to kill him.

Yee has received harsh criticism and even death threats after posting three videos on the topic, on 15, 17 and 20 November, entitled Why Pedophilia Is Alright, Don’t Discriminate Pedophiles, and Free Speech for the Pedophile respectively.

The Idiots S’pore

And the death threats are “no play play” because in the land of the free where the buffalo roam the freedom to carry and use arms are other freedoms.

I wouldn’t be surprised if Mother Mary wears black by this time next year. His ang moh tua kee allies may want to consider buying him a bullet-proof vest for Christmas.

Related post: Does Amos support child pornography?

 

Ever wondered about how banks detect money laundering?

In Banks on 02/12/2017 at 9:55 am

If u like me have faced questions when u wanted to deposit a S$1000 note into yr bank account, then read https://www.economist.com/blogs/economist-explains/2017/11/economist-explains-16.

Software and data bases are the front line, not the teller.

Btw, my standard answer to the teller, “If PAP issues S$1000 notes, cannot use them isit? Not happy, tell PAP to stop printing them.”

Three cheers for TOC

In Infrastructure on 01/12/2017 at 10:59 am

The latest SMRT problem and LTA’s announcement that

the two rail operators are required to inform passengers of any delay exceeding 10 minutes, via regular announcements within stations and on board trains. If the delay worsens, updated information should be announced via mainstream and social media.

reminded me that Terry’s Online Channel has been tracking and documenting delays in train service, announced and, more importantly, unannounced, by SMRT.

This is important because memories are short especially for sheep and BS artists.

Here in Wah train service so reliable meh between 2012 and 2016? I reported that I challenged a TRE reader to tell me about his experiences of SMRT delays between 2012 and April 2016. As expected, no picture, no sound.

I also asked via FB a few other very vocal complainers, but they admitted they couldn’t remember or they were not regular MRT commuters.

Which is why it is important that there is a record of the delays that is publicly accessible. But if TOC closes, then no records exist. And after a trouble-free 2019, come the next GE, the sheep will think that the trains have always run on time.

Why Jolovan Wham kanna whack?

In Political governance on 30/11/2017 at 1:28 pm

Wham was charged with seven charges by the Attorney-General’s Chambers which include three counts of organizing a public assembly without a police permit and one count of vandalism for sticking two A-4 paper on a MRT train. Details: https://www.theonlinecitizen.com/2017/11/28/activist-to-be-charged-by-police-for-various-offences-in-court/

“Wham is recalcitrant and has repeatedly shown blatant disregard for the law, especially with regard to organizing or participating in illegal public assemblies,” the police said in a written statement.

But is lawfare and rule by law being used against him? PAP uses Lawfare against its opponents? 

Yesterday, in What do social activists like Jolovan Wham etc want? I drew attention to a FB post that mocked social activists

So, what do some civil society activists want? As far as one can determine, they want “restorative justice” for ex-ISA detainees; they want S377a to be repealed; they want both capital and corporal punishment to be abolished; they want freedom of assembly anywhere in public; they want freedom of speech and oppose politicians initiating actions for defamation.

The above list (by no means exhaustive) are some of the issues close to the hearts of civil society activists and liberals. Packaged that way, what percentage of the electorate would support those issues? Certainly not the close to 30% that did not vote PAP at GE2015. If one was to hazard a guess, it would be maybe 15% and, it would not come as a surprise, if it was actually under 10%.

I posted it because I agreed with its sentiment that most S’poreans (cybernuts included) do not support the views of these social activities. Which then begs the question, “Why is the PAP govt whacking Jolovan Wham?”

Later in the day, came across a quote from anthropologist Margaret Mead which could explain why the PAP administration charges him with seven offences.

“Never doubt that a small group of thoughtful, committed citizens can change the world; indeed, it’s the only thing that ever has.”

Jolovan Wham is no talk cock, sing song cybernut from TRELand. Or an ang moh tua kee. Or even a cyber-warrior.

He’s a warrior: https://www.nytimes.com/2017/11/29/world/asia/singapore-arrest-protests-gatherings.html?_r=0 .

If he’s found guilty and jailed, this should frighten the other non-warrior social activists, cyber warriors, cybernuts, sheep and chickens.

Which is why this is a lot of BS

One Singapore-based observer said the “seemingly disproportionate” legal response to Wham’s actions brought under scrutiny issues such as executive restraint and proportionality in the Lion City.

http://www.scmp.com/week-asia/politics/article/2122153/new-chee-soon-juan-singapore-activist-jolovan-wham-defiant-after

The actions are not disproponiate.

When the ISA gets used again, like in 1987, against middle-class people, it’ll really show the leopard hasn’t changed its spots and that the light shining from Tharman’s ass is the oncoming light from the PAP juggernaut.

 

What do social activists like Jolovan Wham etc want?

In Uncategorized on 29/11/2017 at 2:13 pm

Here’s an extract from a FB post by Derek da Cunha  an independent analyst. I think he blotted his copybook somewhere along the line because he was once a Senior Fellow at Institute of Southeast Asian Studies from 1990 to 2007. ISEAS is now ISEAS – Yusof Ishak Institute. It has always been funded by the PAP administration.

If civil society activists have not got the sense by now that Singapore is generally a politically and socially conservative society then they are simply in denial. They can of course work for a Singapore which they would like to see – one which is relatively more liberal in its laws and social mores. But they should keep firmly in mind that the tactics they adopt should not result in a hardening of attitude by both the Government and society at large, otherwise their project becomes counter-productive.

So, what do some civil society activists want? As far as one can determine, they want “restorative justice” for ex-ISA detainees; they want S377a to be repealed; they want both capital and corporal punishment to be abolished; they want freedom of assembly anywhere in public; they want freedom of speech and oppose politicians initiating actions for defamation.

The above list (by no means exhaustive) are some of the issues close to the hearts of civil society activists and liberals. Packaged that way, what percentage of the electorate would support those issues? Certainly not the close to 30% that did not vote PAP at GE2015. If one was to hazard a guess, it would be maybe 15% and, it would not come as a surprise, if it was actually under 10%.

Actually even the anti-PAP cybernuts from TRELand will have a problem with LGBT rights. Going by their language plenty og homophobics there.

Why S’pore industrialised in the 60s

In Economy, Political economy on 29/11/2017 at 4:43 am

Local historian Loh Kah Seng posts articles on Facebook about the industrialisation of S’pore. Here’s one piece that I tot would interest because it shows the link then betweewn GDP growth and how it benefited the ordinary S’porean:

The main reason why Singapore pursued rapid industrialisation after the Second World War was not that the existing economy, based on the entrepot trade, was doing badly.

It was rather the high population growth rate, as increasingly people settled down in Singapore instead of returning to their home countries.

In the 1930s, more Chinese women entered Singapore and formed families. Just before war broke out, the Deputy Controller of Chinese Labour reported ‘swarms of Chinese children in their teens, mostly local born, and still more who have not yet reached their teens’.

This trend increased near the end of the Japanese Occupation, when multiple children were born, who became known as the postwar ‘baby boomers’.

In 1961, Singapore had a population of 1.6 million. The growth rate between 1947 and 1957 was 4.5% per annum – the highest in the world – while the size of a nuclear family in was 5.4 persons in 1957 and 5.6 in 1970.

Goh Keng Swee’s study of low-income households in 1956 found that a fifth of the households lived in poverty, with a monthly income under the minimum of $102.

High population growth created impending problems of employment and dependency. Under the entrepot economy, many of the growing children and teens would likely be unemployed or underemployed. Furthermore the entrepot trade was unlikely to grow. A youthful two thirds of the population would have to rely on the work of a third.

Labour-intensive industries, on the other hand, would absorb many more people. The aim of the State of Singapore Development Plan for 1961-1964 was to increase the number of jobs for young people entering the workforce each year.

M Ravi apologises for assaults after pleading guilty

In Uncategorized on 28/11/2017 at 10:01 am

What was Ravi thinking when he went on a one-man crime wave earlier this year? That he was a super villain like the Joker?

The offences he pleaded guilty to on Monday are serious.

M Ravi, pleaded guilty in court on Nov 27 to assaulting lawyer Jeanette Chong-Aruldoss in August. He also admitted to causing hurt to lawyer Nakoorsha Bin Abdul Kadir on the same day by throwing a handbag at him.

He later made a public apology to both of them. This will disprove the TRE cybernuts who claimed that the lady fixed him by pretending to having been pushed by him.


As a result of the incident, Mrs Chong-Aruldoss suffered pain on her right shoulder, right hip and right buttock, as well as a bruise on her hip, according to court documents.

CNA

—————————————–

At the time, Ravi claimed she had pushed him and he pushed back in retaliation.

Ravi also pleaded guilty to breaking into the office of Eugene Thuraisingam at People’s Park Centre in June, when he used a screwdriver to open the metal shutter door of the office.

There’s more

Four other charges, including two counts of public nuisance at the Sri Mariamman Temple on Jul 31 and Aug 11 this year, will be taken into consideration during sentencing.

Read more at http://www.channelnewsasia.com/news/singapore/m-ravi-pleads-guilty-to-assaulting-lawyer-jeanette-chong-9444166

Actually there’s even more. I know of at least one other lawyer that was persuaded by friends of M Ravi not to file a police report. M Ravi punched him.

The good news for those wishing him well (and even those who want crime-free streets here, not the mayhem common in Gotham) is that Ravi will be assessed by an Institute of Mental Health (IMH) psychiatrist as to his suitability for a Mandatory Treatment Order (MTO) and will be back in court on 5 January for sentencing. A MTO is “a community-based sentencing option where offenders undergo mental health treatment in lieu of jail”.

If he is given a MTO, in lieu of jail, he’ll be made to take his medicine whether he likes it or not. When he was going round like a comic book super villain (crossing dressing, assaulting people etc), he readily admitted (on now taken-down videos) that he was not taking his medicine. He said the pills made him sick. Here’s why he made him sick: M Ravi out on bail, resting.

Btw, what Woodbridge is to S’pore, Arkham is to Gotham City. For those who are wondering, the Elizabeth Arkham Asylum for the Criminally Insane, called Arkham Asylum or juz Arkham is where many of Batman’s opponents are locked up for treatment.

SMRT culture got like this meh?

In Uncategorized on 27/11/2017 at 3:41 pm

Recently, Nissan in Japan admitted that staff falsified reports for decades. Things were so organised that employees used a special ledger to keep track of their misdeeds.

Wow!

Now that requires organisation and dedication.

 

Countering PAP’s BS that taxes must go up

In Economy, Financial competency, Internet on 26/11/2017 at 4:37 pm

The now retired chief economist of GIC published u/m on his Facebook wall but tOC has circulated it to a wider audience*.

Summary: There’s plenty of money.

And if anyone should know, it should be Yeoh Lam Keong.

The Bigger Fork in Our Long-Term Fiscal Policy Road

To be fair to PM Lee, both the MOF and he have clarified that consistent with DPM Tharmans 2015 remarks, we do not have to raise taxes before the end of the decade.

So there’s really no need to get our fiscal knickers into a twist about GST or income tax increases till after the next GE folks..

IMHO what’s really at stake are larger, more important policy issues and related fiscal choices over the longer term.

What PM was talking about and trying to tell the public was that in the longer term after 2020, tax increases might be needed given inevitable rises in social spending and infrastructure needs in the more distant future.

Actually I really hope that in the end he’s right but from an entirely different angle.

My reason : our current fiscal headroom is so large that were we to truly need higher tax revenues, this would mean that much needed increases in social spending would finally finally have been funded first. Given our current paltry current social policy spending levels, ( much lower than OECD averages as a share of GDP for healthcare, education and social protection) this would be an excellent policy development!

Consider first that we have a 5-7% GDP structural budget surplus ( calculated by global fiscal policemen the IMF no less) – that’s $20-30 bn extra a year. (I don’t want to get into technicalities of how that is a valid number here – please read my previous posts ).

Second, the formula for using net investment returns contribution or NIRC only uses only half of expected long term real returns leaving official reserves to grow by about 2% in real or about 4% in nominal terms for future generations. This could potentially contribute at least another $14bn to the budget or 3.5% of GDP currently.

This 50% spending rule for NIRC itself is a questionable division of investment income from official reserves and a shows a strangely skewed social time preference. Shouldn’t a more reasonable time preference be to use more of the investment income ( not even the real principal mind you ) for the pressing problems of the present generation in this current decade?

Surely the needs of current citizens who have built modern Singapore through very tough times and have serious remaining problems with absolute poverty, inadequate retirement finances, no universal long term or primary chronic health care, underspending in primary and secondary education relative to OECD norms, inadequately planned and funded industrial policy and a badly underperforming public transport system needs this spending now and over this coming decade. Much more so than the uncertain problems of significantly richer coming generations in the much longer term future.

I suspect though, that in the end, we might just be left Singapore daydreaming.

Rather than first spend this hard earned, exceptional fiscal largesse on pressing social and infrastructure needs of the day, then raise taxes only if necessary afterwards, I suspect that our policy makers would instead tend rather towards raising taxes first, partly to keep this implicit huge fiscal savings largely intact ( by the way the IMF thinks that this is an excessively unhealthy level of national savings ) for the rainy day in the even more distant future!

So here is what I think is the really important fork in our long term fiscal and social policy road:

Either we will finally spend enough on social and infrastructural spending – another 8-10% of GDP over the next decade – or we will continue in the kia su practice of spending considerably less, yet still raise taxes in the name of fiscal prudence to maintain one of the most extravagant public savings rates in the world.

All this while continuing to expand social policy at decidedly suboptimal levels that does not really meet our social policy needs sufficiently in all the above key areas.

To do the former means stepping out of current incrementalist, anti – welfare and state intervention mindsets and boldly reshaping, refitting and reinvesting in social policy in healthcare, education, social security, public housing and transport and industrial policy to make these key areas truly future ready for our citizens. This is what we did so successfully and innovatively in our first 30 years of independence.

Please keep in mind that at this much higher level of spending we will merely be at the lower bound of OECD public spending as a share of GDP and roughly on par with developed East Asian economies. We would also be close to true budget balance ie not structurally in fiscal deficit or running up debt. Yes, that’s how extremely conservative our current long term fiscal position is.

The latter, however ( largely status quo), means kicking the can down the road through incremental rather than transformative changes that are likely to end up being constantly behind the relentless curve of economic instability arising from globalization, technological change and worsening demographics. And perversely maintaining the highest and fastest growing fiscal resources in the world.

No prizes for which I think is the more likely scenario on current trends. Which fork we finally take and when, however, depends on both the boldness of political leadership and citizen political awareness to push for a new social and fiscal policy regime that will truly cater to our well being in a more reasonable and balanced but still sustainable way.

*I’m surprised Terry’s Online Channel didn’t republish it for a wider audience, so I’m doing it and hoping that TRE will pick it up for a wider audience: not everyone going to TRE is a cybernut. The rule of thumb on the internet and social media is

1 % of users initiate discussions or content, 9% transmit content or participate occasionally and 90% are consumers or “lurkers”.

I’m hoping to reach the lurkers who visit TRE.

(Btw, didn’t ask permission.)

Opportunity cost of owning car

In Financial competency, Financial planning on 26/11/2017 at 2:17 pm

Great graphic from http://www.channelnewsasia.com/news/brandstudio/how-much-it-really-costs-to-own-a-car-in-singapore-9346730

But the table doesn’t show how not having a car affects sexual attraction and relations. Taz an important factor for young males.

Why can’t SDP be as intelligent as this TRE reader?

In Uncategorized on 26/11/2017 at 6:05 am

When TRE used this piece Why the PM doesn’t need friends there was this very perceptive response:

Lye Khuen Way:

Sure, going by the exact year that DPM Tharman, then the Finance Minister had promised, the Pink in Health Minister did not contradict his man.

But that’s not the point. Do this “wealthy” country need any more increase in taxes of any forms?

The Budget Surplus almost every year for decades is troubling. Just use up all the “Collection”. For Good use, of course.

Stop giving the PA billions yearly and reduce the salaries of you know who and whom.

We can even change the Constitution as proposed by Chris Kuan to use up to 100% of the earnings from our Reserves instead of current 50%.

So why didn’t the SDP say

Do this “wealthy” country need any more increase in taxes of any forms?

The Budget Surplus almost every year for decades is troubling. Just use up all the “Collection”. For Good use, of course.

Stop giving the PA billions yearly and reduce the salaries of you know who and whom.

We can even change the Constitution as proposed by Chris Kuan to use up to 100% of the earnings from our Reserves instead of current 50%.

instead of the BS it said? After all its chairman is from RI (OK only RJC), a doctor (MD), and a university professor in a S’pore university; and the SDP has many professionals.

I’ll tell u why.

SDP is led by Mad Dog Chee who prefers to use his fangs and claws rather than his brains. He is another example of someone who did very well in university but who can’t organise an orgy in a brothel. Just like Kee Chui Chan, VivianB, the parly Speaker, SMRT Desmond and PM.

Incidentally since Dr Chee defenestrated Chiam and took over the SDP, the PAP and WP have changed leaders in the noughties. And say they are planning another change in the next few yrs. Only the SDP is stuck in the Stone Age with a dinosaur. He’s like OlMan River https://www.youtube.com/watch?v=eh9WayN7R-s rolling along.

Just retire pls.

Wah train service so reliable meh between 2012 and 2016?

In Infrastructure on 25/11/2017 at 11:35 am
A usual sane TRE reader posted this in response to my comment that there was only one major cock-up between 2015 and April 2016 On the contrary cybernuts, Desmond did a great job
opposition dude:

Ah Cynical, it’s always interesting to read how you like to whitewash the truth isn’t it?

No major cockups until 2015 you say? Perhaps you aren’t a regular user of the trains and have never been caught in a disruption? What about the frequent disruptions faced by commuters every other month since he took over, all that magically doesn’t count ah? Only major shit like the tunnel “ponding” and the langga at Joo Koon?

Well I asked him

@opposition dude, look forward to u giving me details of disruptions between 2012 and April 2016 based on yr experience …

No picture no sound so far. So can I reasonably assume he was talking cock? What do u think?

Doing biz with PRCs

In China on 25/11/2017 at 4:56 am

No wonder, S’poreans get taken to the cleaners when dealing with PRCs.

A Chinese conglomerate paid millions of dollars in bribes to officials in Chad and Uganda in exchange for oil rights in their countries, according to a criminal complaint filed in Manhattan. (NYT)

Hedge funds are demanding better terms from multibillion-dollar buyouts involving Chinese firms. (Bloomberg)

From NYT Dealbook

Only the Taiwanese outsmart them. Even the Hongkies just manage to avoid getting outsmarted.

Chiat lat if SMRT involved in this

In S'pore Inc on 24/11/2017 at 6:39 am

Sure a lot of problems. Hope that SMRT will be left out of the driveless bus scheme to be introduced in Punggol, Tengah and the Jurong Innovation District from 2022*.

But I forgot, with GE scheduled at latest by early 2021, SMRT will be great again by 2019 at the latest. The PAP administration will throw our money into fixing SMRT so that by the next GE, the present unhappiness will be a distant memory. Remember this was done before: On the contrary cybernuts, Desmond did a great job.

Desmond did such a great job between his appointment in 2012 and July 2015, that a major MRT cock-up weeks before the last GE did not help the Oppo.

————————————

*BBC report

Singapore plans to introduce driverless buses on its public roads by 2022.

The government says they will be piloted in three new neighbourhoods which will have less-crowded roads designed to accommodate the buses.

The buses will be used to help residents travel in their communities, and to nearby train and bus stations.

Densely-populated Singapore hopes driverless technology will help the country manage its land constraints and manpower shortages.

http://www.bbc.com/news/business-42090987

 

Advice SDP, WP should heed

In Political governance on 23/11/2017 at 10:55 am

In a comment on this (Why the PM doesn’t need friends), Chris K said on FB:

The SDP has a tendency to get offside on fiscal and economics matters. Much less getting Dr Chee to take his meds as CI cheekily wrote, its well past time the SDP get competent on these. Ditto WP – sometimes ask right questions but did not press home the rubbishy replies from the govie.

A WP fan rushed to reply

It’s not easy for a few MPs from WP to hold the govie to full accountability in Parliament due to house rules that limit the scope n depth of parliamentary questions. The govie has taken full advantage of those rules to be evasive n play games much to the chagrin of the public. This is political gamesmanship on display.

Well Wankers’ Party groupie, there’s social media and new media that the WP is failing to use. But which others hqave used to rebut the PAPpies misrepresentationd and fake analysis.

What annoys and frustrates me is that while the likes of Chris K, LKY (the ex-GIC economist) and Donald Low have used social media and new media to expose how the PAPpies in parly and outside misrepresent facts and peddle fake analysis, the Wankers don’t. The honourable exception is Leon Perera: A Lion of a Man.

Yes

If Sinkies want authentic democracy where the govie is held accountable then more opposition members must in parliament as numbers does matter.

But in meantime, the Wankers need to do more than wank. Their other MPs should set an example by using social and new media, more, a lot more, rather than look at their monthly bank statements and laugh all the way to the bank.

Cyberspace is dominated by Mad Dog Chee and other cybernuts. The WP should join Chris K, LKY, Donald Low and others in putting forward rational arguments in support of progressive causes, while rebutting the PAPpies misrepresentations and fake analysis.

Maybe then the Wanklers deserve to win more parly seats.

Will ISD use this Amazon service?

In Internet on 23/11/2017 at 4:34 am

Secret Squirrel, Morocco Mole and Maxwell Smart certainly will

From NYT Dealbook

Amazon’s cloud storage unit has a new service called the Amazon Web Services Secret Region to handle classified information for United States spy agencies. (WaPo)

Why the PM doesn’t need friends

In Uncategorized on 22/11/2017 at 10:55 am

He has the SDP, and Mad Dog Chee and other anti-PAP cybernuts as enemies.

With PM and the PAPpies on the ropes over the SMRT, even nature seems to be against SMRT, the SDP, and Mad Dog Chee and other anti-PAP cybernuts, changed the conversation.

When I read this

The Singapore Democratic Party (SDP) has issued a statement regardingPrime Minister Lee Hsien Loong’s recent warnings that tax increases are onset and “inevitable” as government spending is growing.

The SDP points out that back in the General Elections of 2015, Deputy Prime Minister Tharman Shanmugaratnam denied the SDP’s claims that there will be a GST increase, claiming that “there is no basis” to those claims.

TOC

I tot what a lot of BS. Mad Dog must (like M Ravi, until recently) be refusing to take his medicine.

As far as I was concerned there was no contradiction between what PM Lee (on Sunday) said and what Tharman said (in 2015 when he was finance minister) on taxes.

I was planning to blog about it today showing that the evidence that SDP and other anti-PAP types misrepresent, knowingly or stupidly or both, the facts when they accuse the PM of making a U-turn on raising taxes.

Luckily for me, MOF pointed out that there is no contradiction between PM’s comments on Sunday about an impending tax hike, and what DPM Tharman had said in 2015 on the adequacy of revenue.

MOF said that Tharman then the Finance Minister, said in 2015 that the revenue measures the govt had already undertaken would provide sufficiently for increased spending planned until the end of the decade.

MOF says out: “This is in line with Prime Minister Lee’s speech at the PAP convention on 19 November 2017, where the Prime Minister said, ‘For this current term of government, we have enough revenue.'”

The next election must be held sometime in 2021.

Can the chairman of SDP and the other RI doctors force medicine down Mad Dog’s throat, or if he has been taking his medicine, double the dosage please?

SDP’s statement in full:

During the general elections period in 2015, Mr Tharman Shanmugaratnam denied the SDP’s warnings that the government would raise the GST.

At that time, he said that “there is no basis” to claims that the GST would be increased to fund increased public spending.

But Mr Lee Hsien Loong finally admitted yesterday at the PAP conference that it was inevitable that taxes would have to be raised to fund government spending.

While the PAP has so far not raised the GST after the elections, it has increased taxes and fees for a slew of items.

In 2016, the government increased carpark fees by as much as 27 percent. It has also raised ERP charges for several gantries as well as added new gantries on the expressways.

The government also announced plans to restrict vehicle growth rate to zero percent, thus ensuring that COE prices would skyrocket. It also has indicated that bus and train fares would go up. In 2016, it raised taxi-licence fees.

This year, it raised water prices by an alarming 30 percent.

PAP-run town councils also upped Service & Conservancy Charges by as much as $17 depending on the flat-type.

In addition, immediately after the GE in 2015 the PAP raised fees for its kindergartens and childcare centres. It increased the fees again in 2017.

Such hikes continue to pile pressure on Singaporeans who are already feeling the financial pain from the high cost of living and a slowing economy in Singapore.

During the Buklit Batok by-election last year, Minister Shanmugaratnam also accused the SDP of spreading “fear and alarm” through our alternative policy proposals.

Referring to the SDP’s call for universal healthcare and unemployment insurance, the DPM said that he was “troubled” by these populist policy proposals and that the SDP should tell the people that these programmes are not free.

The PAP has the habit of criticising the SDP during the elections and then quietly adopting our ideas thereafter. For example, the government introduced the Returner Work Trial this year which is essentially a retrenchment benefits scheme similar to the SDP’s that we proposed in 2010.

Also in 2012, the SDP proposed that our “individual health care risks be pooled” in a nationalised healthcare insurance programme. Three years later, the government introduced its Medishield Life, saying that “everyone shares in the national risk pool”.

Not only has the PAP copied our ideas, it now wants to increase taxes to pay for the programmes as stated by PM Lee in his party speech yesterday.

So the next time Mr Tharman accuses the SDP of proposing populist policies, he should also tell the public that his party is bankrupt of ideas and has to adopt the SDP’s proposals.

He should also be up front with the people and stop denying that our warnings of the government raising taxes have no basis.

The PAP way?

In China, Media on 21/11/2017 at 5:52 am

The government doesn’t refute critics or defend policies; instead, it overwhelms the population with positive news (what the researchers call “cheerleading” content) in order to eclipse bad news and divert attention away from actual problems.

This has allowed the … government to manipulate citizens without appearing to do so. It permits just enough criticism to maintain the illusion of dissent and only acts overtly when fears of mass protest or collective action arise.

Sounds like the way the PAP does things with the help of the constructive, nation-building media.

No leh. It’s supposed to be the Chinese way: https://www.vox.com/world/2017/8/2/16019562/china-russia-internet-propaganda-media


“Why CCP’s fears are PAP’s fears”

Keeping power in a one-party state

————————————————–

But maybe the CCP learnt from the PAP? It was one of the things that Deng learnt from LKY? After all when LKY came into power, he made sure that the local newspapers, tv and radio all became part of the PAP’s constructive and nation-building team.


Address to the General Assembly of the International Press Institute at Helsinki on 9 June 1971

“What role would men and governments in new countries like the mass media to play?… The mass media can help to present Singapore’s problems simply and clearly and then explain how if they support certain programmes and policies these problems can be solved. More important, we want the mass media to reinforce, not to undermine, the cultural values and social attitudes being inculcated in our schools and universities.

[Several paragraphs later] Freedom of the press, freedom of the news media, must be subordinated to the overriding needs of the integrity of Singapore, and to the primacy of purpose of an elected government.”

——————————————————-

Their job was (and is) not to critick LKY’s govt but to be its cheerleaders.

Example from MediaCorp’s reporting (Might was well juz publish the speech):

The trust between the People’s Action Party (PAP) and Singaporeans will be tested in the coming years amid social and economic disruptions afflicting the world, party secretary-general Lee Hsien Loong warned activists on Sunday (November 19) at the PAP convention.

And it is during this period, that the trust built by the ruling party “painstakingly over more than 60 years” will be more important than ever, said Mr Lee, who is also the Prime Minister.

Stressing the need for good policies to help Singaporeans cope with the challenges, he also urged Members of Parliament (MPs), activists and “key people throughout our society” to preserve the “good politics”.

He noted that in western democracies, the trust between mainstream political parties and the people has essentially broken down, and the parties “no longer seem to represent the common man’s interests”.

“We must never let this happen in Singapore. The PAP must always pursue policies which benefit the broad majority of Singaporeans,” he said.

“The PAP must always hold the ground, stay close to Singaporeans and maintain their trust and confidence.”

Adding that it will not be an easy task to achieve goals such as upgrading the economy, creating good jobs, building world class infrastructure and preparing for an ageing society, Mr Lee said that in order to implement the policies, “we must get our politics right”.

The people must support the PAP, he said.

“Most of all, they must trust the PAP,” he added.

“They must know that the party cares about them, and is working to improve their lives.”

Mr Lee said this does not mean the government should do only popular things. From time to time, it also has to make hard choices and take difficult decisions.

“And when we do so, we must be upfront with Singaporeans” in explaining the rational and getting their support, he said.

“Even if people may not like the specific policy, we must convince them that we are doing it with good intentions, and for good reasons,” he said.

He reiterated the people “must know the PAP not as a remote, impersonal government, but as their team, as a human, personal preference – your caring MP, your friendly branch secretary, people whom you know, people who have shown that they can get things done, and will help you through difficulties and improve your lives,” he said.

 

On the contrary cybernuts, Desmond did a great job

In Infrastructure, S'pore Inc on 20/11/2017 at 5:59 am

Look at his track record from 2012 to 2015 and to now sack him would show that the PAP are a bunch of ingrates like the TRE cybernuts and rats (From conception to death, the PAP looks after S’poreans),

He was appointed CEO of SMRT after two major problems in December 2011 that affected 250,000 commuters and which resulted in a public inquiry.

From his appointment till April 2016, there were no major cock ups bar one major whopper just before GE 2015. This was on 7 July 2015 and affected the North -South and East-West lines. 500,000 commuters were affected.

But I suppose S’porean voters didn’t think about this massive-cock up when they voted on 11 September 2015, a month and a half later. I suppose that they were really happy that commuters had reliable service from 2012 till 6 July, and from 8 July till election day. They thought it was one-off event.

Whatever, they gave the PAP a really overwhelming mandate of 70% (10 more points from 2011 GE, held before the December train cock-up.)

What I’m saying is that Desmond ensured that SMRT service did not become an election issue that could cost the PAP votes.

Things only started going wrong after some trainees died in an avoidable accident in March 2016.

There was a real problem on 25 April 2016 affecting the North -South and East-West lines, parts of the Circle Line, and the Bukit Panjang LRT

Then this year there were the October flooded tunnels and then the 15 November train crash.

Maybe the deaths in March 2016 of some trainees have something to do with these problems? Their spirits need to be appeased?

Time to call in the bomohs? Maybe ex SMRT director Hali, now president (#notmypresident protest and me), can recommend one? More on Hali’s judgement between 2007 -2011/ Meritocracy? What meritocracy?

Now if he fails to call in the bomohs, he should be fired. What do You think?

 

 

Mugabe ak kah leow with S’porean authorities?

In Uncategorized on 19/11/2017 at 1:59 pm

Further to this Mugabe coming here?, seems he ak kah leow with S’porean authorities.

Extract from another BBC report

The Mugabe family own property in Malaysia, South Africa and possibly Dubai – but Africa-watchers say the patriarch may aim for Singapore.

“He’s got numerous options,” observes Dr Phil Clark, an African politics specialist at the University of London’s School of Oriental and African Studies (SOAS).

“He’s been going [to Singapore] a lot for medical treatment for more than a decade now, and he seems to have a pretty good relationship with the Singaporean authorities.”

http://www.bbc.com/news/world-42023285

Amos got point on Christianity and Islam

In Uncategorized on 19/11/2017 at 7:08 am

Amos didn’t say this, but he could have.

Take Joseph and Mary. Mary was a teenager and Joseph was an adult carpenter. They became parents of Jesus. There’s just nothing immoral or illegal here, maybe just a little bit unusual.

Amos is well known for being relaxed about child sex, and for attacking Islam and our dearly beloved Harry. In the process, it has been widely forgotten that he also attacks Christianity and the above would have right up his street.

No it wasn’t Amos but this was said by Jim Zeigler, the Alabama State Auditor, to the Washington Examiner,  the BBC reports that Jim Zeigler is a Christian. He was defending another Christian who has been accused of trying to have sex with teenagers. The other Christian who denies the allegations, wants to be a US senator for Alabama, a US state full of Christians. He’s the favourite to win, really.

One really cannot blame Amos for dissing Christianity with Christians like these, just like one fault Amos for dissing Islam.

Sayfullo Saipov, the suspect in Tuesday’s deadly New York City truck attack “appears to have been inspired by violent Isis videos depicting beheadings and shootings, according to prosecutors,” reports the Guardian.

The incident is strongly reminiscent of recent terror attacks in Europe, where vehicles were used as effective weapons against unarmed crowds. In France, 86 people were killed and more than 400 injured by a single lorry near the seafront at Nice, in 2016. In Berlin, 12 were killed and more than 50 injured by a similar attack last December. Vehicles have also been used to plough into crowds in London and in Barcelona …

a publication produced by IS suggested to its supporters living in the West that they use their cars to run over civilians.

Economist blog

Whatever, let’s give thanks to the PAP for having the foresight to have a Muslim president: Why PAP thinks we need a Malay president?

 

 

 

Mugabe coming here?

In Uncategorized on 18/11/2017 at 4:50 am

A BBC article http://www.bbc.com/news/world-africa-42011059 discuss what can happen to him. One option is to go into exile. The favourite country is South Africa where he has properties and is still respected as a Jedi. But his wife, Gucci Grace, will not be welcomed there. Read the article for the details.

So if not South Africa, then where?

Other possible options are Singapore and Malaysia, where the Mugabes also have properties.

And don’t forget Gleneagles is his favourite hospital and Gucci Grace loves shopping.

The good news for S’poreans and the PAP is that he’s still refusing to resign. One doubts the PAP wants living here a reputed billionaire of an ex-president accused of corruption and his pushy, ambitious (she wanted to be the next president), and violent (She has beaten up ladies who upset her in South Africa and in HK). I’m sure the PAP doesn’t want cyberspace, not just cybernuts from TRELand to draw comparisions, however unfairly.

MRT collision is no play play

In Uncategorized on 17/11/2017 at 7:43 am

Can really be jialat safety and convenience issues.

What happened has implications for the on-going introduction piecemeal introduction of the new signaling system.

The faulty train was operating on both the old and new signalling systems. The old signalling system currently operates from Pasir Ris to Pioneer, while the new system – which allows trains to arrive more frequently during peak hours – operates from Joo Koon to Tuas Link.

Given the finding, Transport Minister Khaw Boon Wan instructed the separation of the two sections of the East West Line operating under different signalling systems.

If this problem happened here it could happen anywhere else where a train has to operate on both systems.

Note there have been no reports on where else on the MRT system trains are operating on both systems.

And before the cybernuts KPKB, remember that new signalling system is being brought in piecemeal to avoid closing down an entire line.

Related article: This BBC (UK-centric) article explains the issues behind “signal failure” in a railway system: http://www.bbc.com/news/business-41708585

Rock & roll and drugs

In Uncategorized on 17/11/2017 at 7:09 am

“Rock and roll was not inspired by drugs. Back in the 60s people were smoking hemp, a mild intoxicant. All it did was open the doors of perception…That’s where the music came from.” – Ray Manzarek

He was member of the Doors.

The band took their name from the title of Aldous Huxley’s book The Doors of Perception, itself derived from a line in William Blake’s The Marriage of Heaven and Hell: “If the doors of perception were cleansed, everything would appear to man as it is: infinite”.

Gd US accounting innovation

In Accounting, Corporate governance on 16/11/2017 at 2:42 pm

Starting in 2019, US audit reports will have to include a new section detailing “critical audit matters” (CAMs) — specific issues that made a material difference to the financial statements and required a complex or difficult judgment call. The report will also have to say how the issue was resolved.

Sorry can’t give source as I forgot where i saw this

Khaw blaming Dr Goh for SMRT failings?

In GIC, Infrastructure, S'pore Inc on 16/11/2017 at 6:22 am

How can Khaw say we were poor money 30 yrs ago?

Thirty years ago, Singapore’s per capita GDP was about $16,000. Last year, in 2016, it has grown more than four times to about $73,000….So when there are people who criticise the North-South and East-West Lines on why we did not do this and that, we were simply short of cash.

Khaw

In 1981, 36 yrs ago, we had so much reserves because of consistent budget surpluses that Dr Goh Keng Swee decided to set up GIC to better manage the returns on the reserves. (Btw, Goh was no fan of the MRT system. He wanted buses.)

Is he implying that Dr Goh, the then PM of the day, one Harry Lee, and the cabinet decided to prioritise overseas investment returns over the MRT system? Is he also saying that the money in the reserves stashed away then were better deployed building a Great MRT system?

Khaw must be punch drunk after taking too many head blows because in defending SMRT, he’s telling us that the then leaders prioritised surpluses i.e. reserves, over infrastructure. Until his latest comments, the official narrative was that we could have surpluses (reserves), and good infrastructure and that the founding leaders achieved both in their wisdom. Now Khaw is saying that the official narrative is BS, and that the money that went to GIC to manage should have been used to make a Great MRT system, not one that is braking down 30 yrs later.

Separately as Chris K pointed out

GDP per capita had grown more than 4 times in 30 years means the govie has 4 times as much tax revenues as 30 years ago. If “we were simply short of cash”, then the govie is not spending enough for the transportation system to keep up with the size of the economy.

Is Khaw, blaming the other Goh and PM (then DPM) for not spending $ in the 90s?

I’ll leave the last word  to a M’sian PR working here (he married local so as to get HDB flat)

30 years ago might have been short, but since then fiscal surpluses have been close to 10pc of GDP a year by IMF accounting. See this is the problem, train investments come out of the budget but land sales get squirreled away unseen. And we pretend we are poor… So easy to invest in a massive investment portfolio, so hard to invest in your own infrastructure. This fiscal dinosaur begs to be made extinct.

Related posts

SMRT: The cock that Khaw talks

Fat cats need help

P&G mgt reminds me of the PAP

SMRT: Why Desmond must go

PAP has lost “output legitimacy”

Fat cats need help

In Uncategorized on 15/11/2017 at 4:27 pm

“Fat cat” may be a term of abuse, but according to the Daily Mail, actual obese felines need help.

A vet tells the paper that one in 10 cats never leave their owners’ homes and the kind thing to do is design a daily exercise routine for those pets.

Suggestions include playing hunting games, and letting the animals bat toys around.

The newspaper’s headline even go so far as to suggest “let it try a hamster wheel!”

BBC Online

Does Amos support child pornography?

In Uncategorized on 15/11/2017 at 11:09 am

Someone asked on Facebook if it was true that Amos supports child pornography.

He received this very thoughtful reply from a Khush Chopra an NUS graduate who also studied at the Fletcher School of Law and Diplomacy and École nationale des ponts et chaussées

Khush Chopra From the video here, the age of consent not child pornography seems to be the issue. In the land of the *brave and free* Famous Amos wisened to the fact that not all free speech is acceptable. A much more contemplative, somewhat mature and remarkably non-vulgar Amos reels at the stinging disappointment of his talk being cancelled but continued to stoutly defend his view on the age of consent for sex. He tries to explain that he is not advocating violence against children or pedophilia. Amos will nevertheless have to think hard about his views and do a much better job at justifying them more carefully. This is a another real lesson that he will hopefully learn from.

https://youtu.be/qc9oVlZu_V8

I dedicate this piece to Passerby.

Btw, I still think he lost his invitation by a Harvard students’ club (not Harvard College as alleged by the cybernuts), not because of his views, but because he asked them for his airfare and for accommodation at a five-star hotel. He said travelling by Greyhound bus and staying in a student dormitory was beneath him.

Cybernut exposes himself as PAP mole

In Political economy, Property on 14/11/2017 at 1:45 pm

When TRE republished this piece of mine about what called Hernando de Soto called “dead capital” (inability to use an asset as collateral) applies to HDB flats, a leading TRE cybernut exposed himself as a PAPy dog who wants S’poreans to thank the PAP for the PAP’s public housing policies.

Rabble-rouser wrote:

How can HDB flats be dead capital? [He obviously never read how Hernando de Soto defined “dead capital”: my note]

For the older &/or fully paid up home owners, how many would want to unlock their property equity values to engage in risky entrepreneurial activities? Many would prefer to keep their house equity intact for retirement & health needs.

There are so many ways to monetize or reap money from your HDB flats:
* You can sell your HDB flat on the open market if you really need money. The HDB resale market is very liquid compared to private properties.
* Retirees can do a ‘HDB Lease Buyback’ if they want to stay in their HDB flat while monetizing their flat’s remaining lease for spending money.
* You can rent out 1 to 2 room(s) for rental income with HDB approval.
* If you can stay with your kids, then rent out entire HDB flats with HDB approval for even better rentals.

* If you really need money, downgrade from EA/EM, 5-rm, 4-rm to 3-rm, 2-rm Flexi. [Just watch out for Retirement Minimum Sum]

I’m surprised he didn’t add “Vote PAP. They look after S’poreans”.

P&G mgt reminds me of the PAP

In Uncategorized on 13/11/2017 at 6:55 am

Die, die must crush opposition to its hegemony. 

Procter & Gamble, the world’s second largest consumer group, won its battle to keep activist investor Peltz out of its boardroom. Nelson Peltz wanted to be a director (one out of 11) of what he considered a badly managed company.

P&G mgt refused and won very narrowly.

The FT reports that P&G spent at least US$100 million to deny him the seat he wanted. It had hired Goldman Sachs, Morgan Stanley, Centerview Partners and Lazard as advisers. Mr. Peltz’s Trian spent at least US$25 million.

NYT’s Dealbook reported that

 

Many of P&G’s biggest shareholders voted to give Mr. Peltz a seat on the board of the consumer product giant. BlackRock and State Street, which hold around 10% combined, voted with Trian, these people added.

Christopher Ailman, the chief investment officer of the Calstrs pension fund:
Calstrs will own Procter & Gamble long after the current management has moved on or retired. We will continue to vote our shares to ensure that individuals — like Nelson Peltz — who are a valuable asset to a board, get the opportunity to represent us and other like-minded long-term shareholders.

And

That Mr. Peltz could come so close reflects the growing power of activist investors bent on shaking up corporate boards.

As Mr. Peltz told CNBC after the P&G shareholder meeting: “There is no company today that can’t be called to task. Not one.”

Robot 1 Lawyers 0

In Uncategorized on 12/11/2017 at 4:36 pm

In a contest between 100 lawyers, many of London’s most expensive firms, against an artificial intelligence program called Case Cruncher Alpha, the program won easily.

http://www.bbc.com/news/technology-41829534

Both the humans and the AI were given the basic facts of hundreds of PPI (payment protection insurance) mis-selling cases and asked to predict whether the Financial Ombudsman would allow a claim.

In all, they submitted 775 predictions and the computer won hands down, with Case Cruncher getting an accuracy rate of 86.6%, compared with 66.3% for the lawyers.

Why Sun Ho’s God is not on her side

In Uncategorized on 12/11/2017 at 10:50 am

Because hubbie Kong Hee in jail and he’s still paying off loan on Sentosa penthouse that has negative equity.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

If God really loved her (and him):

One of Nigeria’s best known pastors, David Oyedepo, whose church has been attended by the country’s presidents, says that Christians must be rich. Such preachers suggest that “planting seeds” (giving money to the church) will bring a harvest of its own, and that wealth is proof of God’s love. God must love Mr Oyedepo a lot; the Nigerian press reports that he is worth more than $150m and owns four private jets.

CHC members should remember that since

in the “prosperity Gospel”, a recent export from the United States, wealth is very much the intention. Many of the new generation of pastors tell their flocks that God does not want them to be poor.

In Africa, many Pentecostal churches are concerned with “this-worldly” victory, says Mr Gifford. In Nigeria congregations with names like the “Victory Bible Church” hang banners saying things like “Success is my Birthright”.

so if pastor not rich, why bother listening to him.

Extracts from Economist.

Amos the stupid

In Uncategorized on 11/11/2017 at 1:15 pm

Amos Yee: “But to me, it’s very important that I lead the kind of life I want and do the things I love, a part-time job that takes hours off your day ruins that. The feeling of ‘shamelessness’ on relying on others for money is much more worth making half your life or more of your life miserable, at least for me.”

Well he should have sought asylum in a Nordic country where the state will make sure he won’t starve if he doesn’t work.

The US may be the “Land of the free, where the buffalo roam” but it ain’t very generous to those not willing to work.

But doubtless Mother Mary will send money. But the TRE cybernut rats and their ang moh tua kee allies will only send their love.

 

SMRT: Race(s) of maintenance team please

In Uncategorized on 10/11/2017 at 1:49 pm

And that of their managers too please.

I’m asking because I’m hearing rumours that the members of the maintenance team are all members of a particular minority, while their managers are all of another race.

Whatever, race is important here.

Amid calls from various quarters for Singapore to ditch its long-standing Chinese-Malay-Indian-Others (CMIO) framework, a survey has shown that the model is still relevant as Singaporeans – including younger ones – still value the importance of race, its researchers say.

The survey, which involved about 2,000 Singaporeans and permanent residents, was conducted by Institute of Policy Studies (IPS) and Channel NewsAsia.

Source: Constructive, nation-build “newspaper” of Mediacorp

Race is so important in the S’pore fabric that we have a Malay “reserved” president whose i/c says “Indian”. That’s how important the PAP thinks racial identity is to S’poreans: Why PAP thinks we need a Malay president?

HDB flat: Dead Capital

In Political economy, Property on 10/11/2017 at 4:39 am

Here I wrote why a good public housing system is good for society quoting the uK’s Conservative party in 1951

Housing is the first of the social services. It is also one of the keys to increased productivity. Work, family life, health and education are all undermined by crowded houses.

I also wrote that in S’pore

things started going wrong when HDB flats on 99-year leases became “assets” to be manipulated for political gain (Think “asset enhancement”). The result: “affordable” public housing now means HDB “owners” having to take out mortgages of 25 years. Not a big problem if one buys a BTO flat from the HDB. After paying off the mortgage, there’s 39 years to go before the value of the flat falls over a cliff.

Here’s another problem: The paid-up HDB flat is an example of Hernando de Soto’s “dead capital” at work.

Hernando de Soto is a big name in development economics. He’s a Peruvian economist known for his work on the informal economy and the importance of business and property rights in development.

While S’pore is a developed economy (notwithstanding what the cybernuts say when they post on TRE or Chris K’s FB page), his idea of dead capital and the problems it causes society applies here too.

If I want a loan – to improve my house, or build a business – lenders need collateral. And land or buildings make particularly good collateral because they tend to increase in value, and it’s hard to hide them from creditors.

But the lender needs to be confident it could take the house away from me if I don’t repay the loan. So, I need to prove that the house really is mine. That requires an invisible web of information that the legal system and the banking system can use.

For Hernando de Soto, this invisible web is the difference between my house being an asset – something useful that I own – and being capital – an asset recognised by the financial system.

‘Dead capital’

In poor countries, a lot of assets are informally held. Hernando de Soto calls them “dead capital”, useless for securing a loan. His estimate was that at the start of the 21st Century there was almost $10tn (£7.5tn) worth of dead capital across the developing world – more than $4,000 (£3,200) for every person.

http://www.bbc.com/news/business-41650606

We are not a poor country, but we got a lot of dead capital because paid-up HDB flats cannot be used as collateral for a bank loan or any other loan.

Question: My HDB property is fully paid up. Can i remortgage/refinance my HDB flat back to the banks for a loan?

Nope. Government rulings prohibit the remortgaging/refinancing of your fully-paid HDB flat for any additional new cash out loans.

http://www.mortgagesupermart.com.sg/resources/frequently-asked-questions

And the PAP administration KPKBs about the need to create an entrepreneurial, risk taking society? Entrepreneurs need funding and banks and other financial institutions need collateral when making risky loans. And property is the best collateral. No collateral, no funding.

SMRT: The cock that Khaw talks

In Infrastructure, S'pore Inc on 09/11/2017 at 1:11 pm

Improving rail reliability is a “multi-year war”, said Mr Khaw, who added that calling for a leadership change with each disappointment would be a “sure strategy for failure”

Hey Desmond Kuek was brought in (or “volunteered”) five years ago. So how long more will he be allowed to disappoint?

Did he, when he “volunteered” ask for “5 + x” number of years to make “SMRT great again” or was promised  “5 + x” years to make “SMRT great again”? If he asked for, or was given a specific number of years to make “SMRT great again” we must be told the number and the reason for that number.

Otherwise five years on the job, and still no results sounds like jobs for the generals.

And this is BS

Due to budgetary considerations faced by the government decades ago and the island’s land scarcity, the design of the North-South and East-West lines — Singapore’s oldest MRT lines which were opened in 1987 — is not ideal.

And overcoming the constraints would require the halting of operations for an extended period and at large costs to taxpayers, Transport Minister Khaw Boon Wan told the House on Tuesday (Nov 7).

For instance, the two lines, which account for about 60 per cent of the MRT ridership, have relied only on one depot in Bishan over the last 30 years because of “budget constraints” at the time of design.

Budgets were not the only constraint. Citing the example of train systems such as those in London and New York, Mr Khaw said he was “quite puzzled” by how the trains there could run 24 hours while allowing engineering work to be done.

While these lines were designed as far back as a century ago when land was cheap, he has also realised that the networks catered for many side-tracks, such that trains could run on alternate tracks. “That’s why they were able to continue running 24 hours, not necessarily along the same tracks. It will go to the same stations but there are bypasses … And that’s how a well-designed network ought to be,” he said. Again, Singapore does not have this “luxury”, he said.

Not having these “luxuries” means that there should have been a lot more emphasis on preventive maintenance. It’s now clear that this was lacking, hence the present rush to fix the system before the next GE.

And btw, land was (and is) expensive in HK too. And the British administrators were not exactly spendthrift in their MRT construction budget.

Only in M’sia

In Malaysia on 09/11/2017 at 7:19 am

Our PM can learn from Najib on fixing the Oppo

Although prosecutors show no interest in the billions stolen from 1MDB, they have thrown the book at the opposition. Anwar Ibrahim, a leader of Pakatan Harapan (PH), an opposition coalition, has been put behind bars for sodomy (a crime in Malaysia), on flimsy evidence. Later this month the government will oppose a suit calling for his release. Meanwhile another senior figure in PH, Lim Guan Eng, the chief minister of the state of Penang, conveniently faces two sets of corruption charges (he is accused of buying a house at an artificially low price). Two leaders of an opposition party in the state of Sabah, set up by a former vice-president of UMNO sacked as a minister for complaining about 1MDB, have also been scooped up in a recent corruption probe.

Protectors of Malays speak up for non Muslims:

When a launderette in the state of Johor put up a sign in September that read “For Muslim customers only”, Mr Najib, the head of a multi-ethnic coalition, kept mum. Instead, the local sultan, who is the head of the Muslim faith in the state, rebuked the owners for discriminating against minorities. Last month he and the country’s eight other sultans, who take it in turns to serve as head of state, released an unusual statement deploring growing Muslim intolerance as “beyond all acceptable standards of decency”.

https://www.economist.com/news/asia/21731091-despite-being-implicated-embezzlement-he-may-well-win

Cybernuts are only a subset of 30%

In Uncategorized on 08/11/2017 at 5:39 pm

AfD, a right-wing nationalist party formed in 2013, claimed almost 13% of the popular vote. It is the first time since World War Two such a party will enter the German parliament.

But people online have been quick to point out the majority of the electorate – 87% of those who voted – opted for one of the other parties. The hashtag #87Prozent [87 percent] has been trending on social media in Germany.

“I must just remind you,” he wrote. “We are 87 percent. In other words: an absolute majority against the right”.

http://www.bbc.com/news/blogs-trending-41384799

In S’pore, the PAP can legitimately say to those who voted against the PAP “We are 70%”. U are only 30%. Sit down and shut up.”

And yet the cybernuts among the 30% (Oxygen, Dosh, BK, Rabble-rouser etc) see the 70% as enemies of S’pore juz as the PAP, wrongly, see the 30% as the enemies of S’pore.

Tean Lim should contact Roy

In CPF on 08/11/2017 at 8:07 am

Remember that anytime now (we should be able to release it in the 1st half of November) Lim Tean’s defamation video will be out:

Many are excited about the Defamation 101 video which I am making and have supported generously . I would like to inform all that we are in the process of finalising the video . The process has taken a bit longer than expected because of novel features we are adding to the video in order that both young and old can understand the material easily !

This video will enable Singaporeans to know what can and cannot be said so as not to fall foul of the defamation laws . It will lead to a more Open Society which is urgently needed so that we can be a more Creative society . People cannot be Creative when their thoughts and speech are shackled by fear . The PAP wants fear to permeate society – this is their tool to hold on to power . For our children and our country’s future , we must cast off this yoke of fear !

Lim Tean on FB last month

This blog supports the idea behind the video agreeing that the video can “lead to a more Open Society which is urgently needed so that we can be a more Creative society . People cannot be Creative when their thoughts and speech are shackled by fear .”

Further to an earlier suggestion PR suggestion for launch of “defamation” video here’s another suggestion to make a greater impact for the video: Get Roy Ngerng to endorse the video.

He should say that if he had seen a video that guided him

to know what can and cannot be said so as not to fall foul of the defamation laws

he could have avoided being taken to the cleaners by PM and yet still speak the “truth” about the CPF system.

Yes, this blog has ridiculed the “truths” that Roy propogated pointing most of the facts he talked about had been written before by people like Uncle Leong, Chris K and, dare I say it, this blog. They were not discoveries made by Roy.

But this blog never made fun of the fact that he could attract crowds and $: Roy Ngerng and the “swing voters”

He raised serious money for his defence while my sources allege that Lim Tean’s and Phillip’s appeal for money (CPF class action: Phillip Ang’s “reply’ to fellow cybernut) has raised “peanuts”. It’s even alleged that Phillip Ang had to cancel his order of a Ferrari, forfeiting his deposit.

Got KFC outlet like this here meh?

In China, Uncategorized on 07/11/2017 at 5:45 pm

I’m not a fan of KFC food, so not been in or near outlet for years. From NYT Dealbook

Fast food gets a reboot in China: tuna-pesto paninis, paid for by facial recognition. When Michelle Xian wandered into one of the fast-food restaurants at a shopping mall here on a recent weekday, she didn’t realize it was a KFC. The modern décor featured an open kitchen and hanging plants, and the menu included tuna-and-pesto paninis and quinoa-and-corn salads. Customers were busy placing orders via smartphone, using QR codes printed on tables, or through a facial-recognition system that matches their images to their Alipay digital wallets.
“I don’t normally go to KFC because it’s not that healthy,” said Ms. Xian, 30 years old, who ordered a chicken sandwich before being told where she was. “This is more aligned with new trends.” – The Wall Street Journal

People who value our education system

In Uncategorized on 07/11/2017 at 12:20 pm

There are Malaysians living in Johor that think their kids must have a S’pore education.

The sacrifices that the kids make

Technician Francis Alan, 37, whose son Henry is in Primary Two at Greenwood Primary School, said the effort was worth it. “Education in Singapore is one of the best in the world. We want Henry to become very marketable when he becomes an adult,” said Mr Francis, who works at Amgen Singapore Manufacturing in Tuas.

Henry wakes up at 3.30am on weekdays to catch the 4.30am bus to make it to school by 7.30am.

http://www.todayonline.com/singapore/rising-school-fees-non-sporeans-force-rethink-among-johoreans

And the sacrifices the parents make

… the fee hikes for permanent residents and foreigners began in 2011, when Danson was in Primary Three. From S$15 a month, Danson’s fees increased to S$22, then S$40 and S$90. Now in Secondary Three at Northland Secondary School, his Malaysian parents are forking out S$200 each month and the amount will hit S$400 and S$460 when he enters pre-university.

(Cheaper now according to the article to study in private schools in JB that use an int’l accepted curriculum.)

Step back and remember that this is an education sytem that many (self included) deride and criticise. The PAP is doing something right, right?

WP MPs are still not organised in parly

In Uncategorized on 06/11/2017 at 4:32 pm

Extract of interview with Low’s anointed one Dennis Tan last year

Does WP MPs coordinate on topics they are focusing on, or does the party leadership leave it to the MPs to decide on the topics?

“At this moment, there is no such arrangement. We are expected to cover all important issues that affect all Singaporeans.

Like the last term, some MPs may have definitely have some preference. Yee Jenn Jong, for example liked to talk about education and business issues; Gerald liked to talk about healthcare and transport issues — as time goes on in the next couple of months I think I expect some of us may have developed certain preferences. Having said that, we are expected to cover all the issues because there’s so few of us and we don’t really have a choice.”

https://mothership.sg/2016/03/workers-partys-first-time-ncmp-dennis-tan-is-an-overachieving-underdog/

So since the 2011 GE, WP MPs have not organised themselves so that they can shadow individual ministers and ministries.

 

WP Low’s anointed one

In Uncategorized on 06/11/2017 at 5:21 am

But first, we got a real bunch of “expert” cocks

Workers’ Party (WP) chief Low Thia Khiang’s decision to step down as secretary-general by next year took many political analysts by surprise, given that he managed to stave off a leadership challenge by fellow Member of Parliament Chen Show Mao just last year.

And

Associate Professor Eugene Tan from the Singapore Management University (SMU) said there had been no indication that Mr Low, who would have led the party for 17 years before he steps down, was going to make such an announcement.

Read more at http://www.channelnewsasia.com/news/singapore/low-thia-khiang-s-decision-a-boost-to-party-renewal-that-will-9375578

Well since earlier this year, I had it from Morocco Mole‘s twin brother that Low and Auntie would not be contesting the next GE. And it wouldn’t have been a secret if Morocco Mole’s twin brother knew about it. It was something the WP cadres were openly talking about among themselves, even if they were not posting about in on FB

These experts have no contacts among WP cadres isit?

Well we now know that Low will not be contesting for the post of Secretary-General in the next Central Executive Committee (CEC) Elections. TOC reported that “He said that he is confident that the party has a new generation of capable leaders who are ready to take the helm.”

Assoc Prof Eugene Tan is talking via his ass when he “says the front-runners at the moment are Ms Lim and Mr Singh”. It’s not an open race but a wayang like the selection of Hali. There’s a Daulphin in place and neither Auntie or her bayee is the anointed one. Nor is Lion Man: Leon the Lion. Like in the PAP, WP leader must be Chinese. And in WP’s case, Teochew.

I had been told by Morocco Mole’s twin brother that NCMP Dennis Tan had been chosen by Low to take his place. He’s an “Executive Council Member and Vice Chair, Media Team” of the Wankers’ Party.

wpmp_profile2_dennis

But he’s no wanker. He’s from RI and is a shipping lawyer in DennisMathiew where he’s a partner. In the last GE he did pretty well in Fengshan SMC, winning 43% of the votes.

He walks the ground assidiously. In 2016

having covered every block and house in the single-member constituency of Fengshan on foot, is just getting started after walking it two times.

https://mothership.sg/2016/03/workers-partys-first-time-ncmp-dennis-tan-is-an-overachieving-underdog/

I’ll say this for him: unlike Gerald Giam (Remember him?), he didn’t go AWOL or MIA after the GE like what Gerald did after GE2011 in East Coast GRC. When Gerald Giam started working the ground in Bedok in preparation for GE2015, the HDB estate (the heart of East Coast GRC) had changed a lot since he stopped walking the ground after GE2011. He and his team needed a map of the area.

 

Are PM and Ho Ching sad and envious?

In Humour, Internet on 05/11/2017 at 1:52 pm

Remember in 2013 PM said at a Zaobao Forum: “Satisfied people don’t have time to go onto the Internet. Unhappy people often go there.”*? Judging by the postings by the ratty and cheapskate cybernuts on TRE (People like Oxygen, Rabble-Rouser, Bapak and Dosh who see the 70% as the enemy within S’pore and want to see them suffer for voting PAP) he has a point about unhappy people who keep insisting that S’pore is collapsing contrary to the evidence. Yes there are serious problems, but nothing existential.

Sorry for the digression: so what can we gather from PM’s and Ho Ching’s regular posts on Facebook?

According to this, they must be sad and envious

Writing in the London Review of Books, John Lanchester cites numerous studies that suggest Facebook use goes hand in hand with envy and sadness, and quite plausibly causes them.

FT article


John Henry Lanchester (born 25 February 1962) is a British journalist and novelist … His journalism has appeared in theLondon Review of Books (where he is a Contributing Editor), Granta, The Observer, The New York Review of Books, The Guardian, the Daily Telegraph andThe New Yorker

https://en.wikipedia.org/wiki/John_Lanchester

This weekend John Lanchester wrote the cover piece for The Sunday Times Magazine, in which he argued that Facebook was the biggest surveillance enterprise in history, and could destroy civilisation.

—————————————————–

They also got a lot of free time and don’t focus because FB “is also a notorious time-sink and source of distraction” the article goes on.

Btw, Ever wondered this about PM’s Facebook posts?

——————————–

*https://mothership.sg/2013/11/10-signs-prime-minister-lee-hsien-loong-dissatisfied-person/

 

 

Our otters: A global first

In Environment on 05/11/2017 at 4:28 am

Really. Our otters are uniquely S’porean. No where else in the world has wild otters like ours.

Yes, another tale from Udrahpore or Otterpore:Udrahpore not Singapore. But this time not a tall tale.

Our otters are the product of sex between two otter species.

A paper 

published on 27 January 2017 in the ‘Scientific Reports’ journal (www.nature.com/srep) has shown that the apparent Smoothcoated
Otters in Singaporeare hybrids of two local species – the Smooth-coated
Otter (Lutrogale perspicillata) and the Asian Small-clawed
Otter (Aonyx cinereus). This is the first worldwide record of hybridization in a
wild otter population. Hybrids of these two species have been recorded in captivity before (between a L perspicillata male with an A cinereus female).

For more see page 9 in

https://www.nss.org.sg/newsletter/902d1c3a-2Nature%20News%20Mar&%20Apri%202017C.pdf

“Idiots”, “Indians” no more

In Uncategorized on 04/11/2017 at 1:21 pm

Well it seems TISG has changed.

This is a pretty good analysis by the publisher of TISG. But note that he didn’t talk of TISG. My bet is that it’ll close soon because it’s been cleaning up its act and going to a sanitised place where the eyeballs of anti-PAP cybernuts no longer follow it. Tired of being invited to Lim Kopi?

But then maybe being PAP loudhailer for paid-off? TISG: “useful loudhailer” for PAP administration

Whatever, pretty good stuff

good journalism is only good as a vanity metric, it is both subjective and unquantifiable. I am not even sure if it can be defined as a product that can be differentiated in a highly competitive marketplace. As a business, it is not defensible.

In this business, there is no customer lock in. People read what they want to read and often read news that comes in their social media feeds. Even the 30% die-hard opposition supporters read the main-stream media – they share articles widely about how the MSM is so biased and in the process making MSM more entrenched. Let’s not forget, ST has more followers that all the alternate media combined.

Secondly, readers’ preferences about what they read changes over time and it is difficult for a small media outfit to monitor the changes in reader habits. Besides, a one trick pony that only attracts a certain kind of readers is poorly equipped to monitor the changing trends in the space.

Therein lies their business dilemma, growing out of their niche would be difficult as it would offend their initial customer segment and their need for good well-argued pieces.  They also brought on subscribers on the basis of good journalism, though very little, it is a market that they couldn’t forsake till now.

Paywall is a death trap

Nobody owes anybody a living and if you’re going out there to raise funds to bankroll your operations, you’ll soon find that you have few friends. Subscribers are finicky – they want good service, they want a certain number of articles to be published each day, expect constant uptime of servers and all these cost monies and you need truckloads of them.

Unless you have a well-oiled machine, you’ll soon realise that you cannot deliver on your promises as you will need to juggle between running a good sales team on top of a good editorial team. A major, if not impossible undertaking for a startup.

Long verbose articles do not sit well in a mobile device. People’s attention span is too short to go through long pieces. Singapore’s market of 2.3M readers and to target a niche segment of the total addressable market is really a death trap.

There are few contenders that’ll probably cover this segment and it could very well be TODAY and ST –  it is easy to dismiss them as old media houses languishing in the digital age or that their pro-government Pyongyang styled media is completely out of touch, I would argue otherwise.

Recently, both TODAY and ST have published articles that are critical of the government and these pieces are shared widely by anti-establishment activists. They probably were on TMG’s heals to chip away the little market share she had.

All three, TMG, 66N and IQ managed to raise seed capital to launch their sites, yet they failed to scale their startups and there is a valuable lesson here for any startup founder – never put the cart before the horse. Only raise funds when you have a sure-fire way of sustaining the business.

The fundamental question we need to ask, is there really a market for middle-of-the-road, well-balanced, neither here-nor-there, running on the road divider kind of publication? Perhaps not, so, let’s not beat ourselves over it, though it’s sorely missed!

RIP TMG.

http://www.theindependent.sg/tmgs-better-mouse-trap/

Related post: Atas website closing

 

Starting a new political party

In Uncategorized on 04/11/2017 at 7:53 am

In S’pore, it’s easy to register a political party even if the office bearers are a bunch of clowns. Juz ask Goh Meng Seng and friends.

But what then?

I’ll use extracts from a BBC article referencing the UK on how difficult it is for a new party to get traction and that the only way to get traction is something that Harry cleverly blocked

New political parties have a remarkably high failure rate in the UK. They almost never succeed – but are things different now?

The success of new French President Emmanuel Macron, who created a liberal pro-European party of government, En Marche, from scratch in less than two years, has made some people wonder if it could happen in the UK.

Conventional wisdom says a fresh face could never rise so rapidly to the top – the first-past-the-post electoral system is biased in favour of the existing “big two” parties, the argument goes.

But politics is more fast-moving and fluid than it has ever been and there appears, to some at least, to be a gap in the market.

http://www.bbc.com/news/uk-politics-40498232

But

It is not all doom – small parties can and do break through on to the national stage in the UK. The public are willing to give them a hearing in a way that they never did in the past – witness the seven-way debates at election time and the extraordinary rise of the SNP.

But the ones that succeed tend to be born in the angry margins, speaking up for voters who feel their views are being ignored by the mainstream.

But a centralist new party? Forget it because

The “centre ground” tends to be the preserve of political insiders, who can come with a lot of unhelpful baggage.

OK Macron did it but he’s also a 39 yr old guy with a 60-something mother wife

There’s a way

if you have ambitions of running the country, but launching a new party with the same old, tarnished Westminster faces is likely to turn voters off, then what exactly would it take?

“You would need at least 100 or so MPs,” and it would need to be a “spectacular” and game-changing coup, says Prof Tim Bale.

“It would need to be exciting enough – and big enough and sexy enough – to convince people.”

A charismatic leader, without too much baggage (sorry, Tony) is a must.

And timing would be everything. If the launch is too far from the next general election, the shine could come off and the whole enterprise come crashing to the ground before anyone gets a chance to vote for it, says Prof Bale.

But it can’t be done here. A law of Harry’s is that MPs cannot switch parties. They got to resign their seats.

Truly the 9th Immortal 

SMRT: Why Desmond must go

In Infrastructure, S'pore Inc on 03/11/2017 at 11:15 am

That SMRT has asked staff to own-up to lapses without being penalised before a detailed audit is carried out is very worrying. The implication is that SMRT’s senior management is worried that the falsification of records on the maintenance of a tunnel is not the work of “a few rotten apples”. As someone posted on FB:

To be at this juncture, they must have lost control over the operations of the company. Employees must be very unhappy and demoralised too!

Management must be worried that the falsification of maintenance records is systemic. If it’s systemic, senior management cannot escape responsibility even if S’pore does accountability and responsibility in its unique understanding of “meritocracy”: Why PAP doesn’t do accountability, meritocracy.

Talking about the falsification of maintenance records and the failure to detect that work was done, a few days before the amnesty:

Singapore Management University’s Toru Yoshikawa said they are indicative that it was not a priority for SMRT’s top management and board to review its system of checks and internal audits.

Well Desmond has been CEO long enough (5 years) to be responsible for systematic mgt failings. so he and other senior managers should commit hari-kiri. And btw, Hali, the president, and Ong, a contender to be PM, were directors of SMRT: More on Hali’s judgement between 2007 -2011/ Meritocracy? What meritocracy?

During his 1984 National Day Rally speech, LKY had this to say about getting things done and what should be done when things don’t work: “Everything works, whether its water, electricity, gas, telephone, telexes, it just has to work. If it doesn’t work, I want to know why, and if I am not satisfied, and I often was not, the chief goes, and I have to find another chief. Firing the chief is very simple.

Wonder why his son forgot this Hard Truth when rereading LKY’s speeches? How PM honours “Pa”

Because LKY would fired him after the 2011 GE if LKY had the power? Instead LKY had to move on and was rumoured to have said that Teo Cheen Hean would have made a better PM than “Hsien Loong”.

 

 

 

 

 

Incomplete story about PM’s arty days

In Uncategorized on 03/11/2017 at 4:55 am

Mr Tan also recounted that when Mr Lee was a junior officer, he had written a programme to compute the angle to fire a gun. Before that, the men had to tediously calculate these details manually. “PM said that was… so primitive. So he started to think that something could be done,” he said.

Today

What wasn’t told by Mr Tan was that was that the future PM wrote the programme for use in the HP scientific calculator or the finance one (I’m not sure which). And more importantly, we were not told that the progamme wasn’t of much use because the HP calculator wasn’t rugged enough for military use. At least he was smart enough not to use the TI version: that was (and is) more delicate: these calculators are still on sale.

PR suggestion for launch of “defamation” video

In Uncategorized on 02/11/2017 at 1:10 pm

The defamation video is in the process of being finalised . We are adding animation so it is taking a bit longer than expected . But we should be able to release it in the 1st half of November .

Lim Tean

Lim Tean says will help S’poreans avoid getting sued for defamation when they criticise you-know-who. My suggestion is that he or a member of Team Lim Tean should get in touch with Tan Tee Seng with a view of doing a premiere of the video which .

Tan Tee Seng, a “Marxist conspirator” (he confessed), is part of a team of social activists that organises screenings of interesting films  and the video should be something that will interest the team, and those who attend the screenings.

Who knows it might even get into this mid November festival:

Make a date with Freedom Film Festival 2017 Singapore!

HoHoHO: Still no dividend from StanChart

In Banks, Temasek on 02/11/2017 at 7:00 am

StanChart fell 6.5% to a six-month low of 702p in London after investors showed their disappointment with the slow turnaround.

Although there was a more than doubling of quarterly net profits, the bank had falling revenue in corporate finance, credit cards and personal loans. Analysts unhappy that there was only 4 % in revenues, which missed expectations, as well as higher than expected costs (also up 4%)

Worse, still no revival of dividend, “Andy Halford, chief financial officer at Standard Chartered, said the firm would assess whether or not to reinstate its much-anticipated dividend at the end of the year.”

HOHoHo.

Update at 10.45am: DBS is a better investment http://www.reuters.com/article/us-stanchart-results-breakingviews/breakingviews-stanchart-has-yet-to-reward-shareholders-patience-idUSKBN1D14KJ

Reason why CPF Life so mean?

In CPF, Financial competency on 01/11/2017 at 1:13 pm

Many moons ago after one Chris K wrote this about the meanness of CPF life because of the triple redundancy, I emailed his piece to an actuary and asked him if the piece made sense (there were some things that I couldn’t quite follow). He said it did, but added “Nothing wrong in being prudent”.

This PAPpy answer got me and, when I told him, Chris K annoyed.

But reading this one can understand the logic even if one disagrees with it.

IN 1965 ANDRÉ-FRANÇOIS RAFFRAY, a 47-year-old lawyer in southern France, made the deal of a lifetime. Charmed by an apartment in Arles, he persuaded the widow living there that if he paid her 2,500 francs (then about $500) a month until she died, she would leave it to him in her will. Since she was already 90, it seemed like a safe bet. Thirty years later Mr Raffray was dead and the widow, Jeanne Louise Calment, was still going strong. When she eventually passed away at 122, having become the world’s oldest person, the Raffray family had paid her more than twice the value of the house.

Underestimating how long someone will live can be costly, as overgenerous governments and indebted private pension schemes have been discovering. They are struggling to meet promises made in easier times. Public pensions are still the main source of income for the over-65s across the OECD, but there are big differences between countries (see chart). In both America and Britain public provision replaces around 40% of previous earnings, but in some European countries it can be 80% or more. Where it makes up a big share of total pension income, as in Italy, Portugal and Greece, a shrinking workforce will increasingly struggle to finance a bulging group of pensioners.

http://www.economist.com/news/special-report/21724751-lives-get-longer-financial-models-will-have-change-financing-longevity

When it comes to the future, it’s all about probabilities i.e. throwing dice. Even with all with the help of AI, data and acturial science, the future is still guess-work, not certainity.

The more “certainity” is asked for, the higher the cost. Here’s something I wrote in 2009: What price income protection? Or the cost of an annuity

So if one wants “certainty”, there’s a price to be paid. CPF Standard Plan offers that “certainity”. As I told someone sometime back, if you know you are going to live to 150, then opt for the Standard Plan , even if by conventional wisdom yardsticks it “sucks”. But remember even then if the plan dies, you also die: Diabetes: The real reason PM is worried?

Udrahpore not Singapore

In Environment on 01/11/2017 at 7:12 am

Or “Tale the otters tell their  pups”

 

 

 

 

 

 

 

 

 

 

 

We all know the legend that S’pore was called Singapura because FT Sang Nila Utama was told that the animal he saw when he landed here was a lion (“Singa” in Sanskrit). The animal had a red body, black head and a white breast. Strange lions in the olden days.

The otters say that he saw a big white-breast otter that got bloodied in a fight with his siblings. They bit him, causing a deep cut on his back. The wound was bigger than this.

 

 

 

 

 

 

 

 

 

(Injured pup photographed by Abel Yeo. Attempts are being made to catch and treat this pup.)

Blood streaked down his sides.

He was then seen by Sang Nila Utama.

 

 

 

CPF class action: Phillip Ang’s “reply’ to fellow cybernut

In CPF on 31/10/2017 at 2:30 pm

Here I wrote about a real cybernut demanding accountability and transparency from Lim Tean about the funds being raised “to launch a class-action suit against the government”.

To recap, Phillip Ang had posted

Lim Tean and I have set up a crowdfunding account @https://www.facebook.com/tean.lim.75. (POSB Savings 198-91842-3) Please keep a record of your transaction as your particulars will be required before the launch of the class-action suit. Unused portion will also be returned, pari passu.

https://likedatosocanmeh.wordpress.com/2017/10/15/class-action-suit-only-option-for-cpf-members-to-right-a-sorry-situation/

Well todate, neither Phillip Ang nor Lim Tean has responded to the cybernut, so I tot I’d draw the cybernut’s attention to what Phillip Ang had then said:

Once the required resources, not just financially, are in place and before the suit is launched, there will be more updates. Action speaks louder than words.

He’s saying “Trust us”. So PAPpish. So like the way the PAP administration manages the CPF and our reserves. But what to expect from a cybernut?

Seriously I’m surprised that someone like Lim Tean would go about raising serious money in such a slip-shod, non-transparent and unaccountable way: pay money into a private POSB account.

The proper way to go about the raising of millions of dollars needed to fund a class action law suit would be to use the services of a reputable fund raising site. This means there will be the need to have a detailed explanation on the the purpose of the funding raising, the target amount, the minimum sum needed and what happens to the monies collected if the minimum sum cannot be reached.

Now as Lim Tean is a seriously rich guy, meeting the out-of-pocket expenses of using a professional site should not be an issue, I’m left wondering why he liddat lor? Using a POSB account.

Still not to late to reorganise the fund raising, if he’s serious about bringing “a class-action suit against the government”.

Diabetes: The real reason PM is worried?

In CPF, Political governance, Public Administration on 31/10/2017 at 6:50 am

In his NatDay Rally speech he worried that 22% of the population will get diabetes (from the present 11%). Maybe he worried that if that happens, then CPF Life Standard Plan will be in trouble?

The Standard plan surely will go bust because the Standard plan covers until death and diabetics could live longer than those without diabetes. There’ll be a public backlash because of the “Fund go bankrupt, yr problem”.


CPF Life die, Yr Problem

There is a provision in the law governing the CPF Life Plans which states that payouts are contingent on the Plans being solvent. This is because premiums that are paid in to get the annuities are pooled and collectively invested. If the plan you chose doesn’t have enough money to pay out, you die. This is unlike the MS scheme, where account holders are legally entitled to the monies in their CPF accounts.

More details. Note that there are now only two plans, not the menu first offered. Of the two existing plans, the Standard Plan, is the less attractive one because there is a lot KS in favour of the annuity provider. Of course if u  are confident u’ll live to 150, opt for it. But u still got the worry of “Fund insolvent, yr problem”.


There will also be problems at the Basic Fund that pays out annuities until people reach 90 if everyone lives longer because they got diabetes. And there could be a lot more 90-year old destitute S’poreans who are unlikely to vote PAP.

Diabetics live longer

Seriously, PM’s NDP rally speech on diabetes reminded me of shumething I read last year from which I concluded that diabetics are likely to outlive those wihout it, if the diabetics manage to keep their diabetes under control. Diabetes cannot be cured in most cases, but it can be controlled.

So it’s a good thing to have because the medication also works to prevent cancer, heart disease or cognitive impairment.

Metformin, the most basic medicine prescribed for diabetes, seems is a miracle drug helping those with  cancer, heart disease or cognitive impairment.

There is already a candidate anti-ageing drug, a generic called  that has been widely used by diabetics around the world. It works to lower insulin levels in the blood and triggers a range of other molecular pathways that are likely to influence the ageing process. The way it works inside the cell is not completely understood but it is thought to favourably influence metabolic and cellular processes associated with the development of age-related conditions such as inflammation, autophagy (when broken bits of cell are recycled) and cell senescence (when they are unable to grow and divide any longer). In humans, those who take metformin seem to have improved risk factors for cardiovascular disease. Epidemiological work suggests that its use is associated with reduced incidence of cancer and mortality. There is some evidence it may reduce the risk of mild cognitive impairment.

Nir Barzilai of the Albert Einstein College of Medicine in New York wants to test the drug in thousands of people who already have, or are at risk of, cancer, heart disease or cognitive impairment.

http://www.economist.com/blogs/economist-explains/2016/08/economist-explains-8

Another problem for Anti-PAP websites

In Internet on 30/10/2017 at 4:26 pm

Last year I reported how FB’s algo tweaks affected anti-PAP sites sites like TOC and The Idiots Anti-PAP sites lose traffic after Facebook tweaks algos.

Well things could be getting worse if FB’s latest “experiment” comes to S’pore or is introduced globally.

http://www.bbc.com/news/technology-41775010

Facebook panics publishers

In any newsroom around the world these days, the air will be full of mentions of Facebook and Twitter. Publishers know the readers and viewers they want to reach are increasingly spending their time scrolling through those apps on their smartphones. And many publishers have come to rely on the social media giants to give their articles and videos maximum exposure.

So a limited experiment by Facebook in six countries – Sri Lanka, Bolivia, Slovakia, Serbia, Guatemala, and Cambodia – to take unpaid news posts out of the main feed and put them into a separate “Explore” tab, raised serious concerns about the financial importance of Silicon Valley to the news media. Slovakian journalist Filip Struharik documented the impact, writing that publishers in his country were seeing just a quarter of the interactions they used to get before the change.

Joshua Benton, who runs the Nieman Journalism Lab at Harvard University, told me that Facebook and Google together are responsible for around 80% of external traffic to news organisation websites, so publishers are right to be worried.

However, he also said that Facebook has its own worries. “They’re in a tough position because Facebook users prefer posts from their friends and family, but at the same time Facebook has become an absolutely critical source of traffic for news organisations. And Facebook’s business is selling ads.”

So, I asked him, is Facebook trying to distance itself from being treated as a news publisher itself by regulators worried about fake news and foreign political interference? “Facebook did sort of stumble into being the main distributor of news on the planet Earth by accident,” said Benton. “I think a lot of folks at Facebook would be happy if this was just something they didn’t have to worry about.”

Meanwhile Adam Mosseri, Facebook’s head of News Feed, tried to calm frayed nerves. “There is no current plan to roll this out beyond these test countries or to charge pages on Facebook to pay for all their distribution in News Feed or Explore,” he wrote in a blog. But perhaps his use of the word “current” won’t allay every publisher’s fears.

 

PM, Khaw, SMRT: Apologise like Zuckerberg

In Infrastructure on 30/10/2017 at 11:13 am

Recently, Mr Zuckerberg observed Yom Kippur, the Jewish festival of atonement. He wrote on Facebook: “For the ways my work was used to divide people rather than bring us together, I ask forgiveness and I will work to do better.”

I think Khaw, Desmond and the chairman of SMRT should have followed him Where’s Khaw? (cont’d) instead of doing a pale imitation of Japanese-style apology over the “ponding” problem.

PM and the PAP should also do a Zuckerberg for creating disharmony to ensure the “right” person became president by

— going against the national aspirations of meritocracy and multiracialism by wanting a Malay as president, and

— selecting as the Malay president someone whose i/c says “Indian”.

But let’s be fair. Maybe this is why Why PAP thinks we need a Malay president?

And after the recent London terror attack, only the anti-PAP TRE cybernuts will say that the PAP administration is wrong to try to prevent terror attacks.

 

Cybernut twice asks Lim Tean good question

In Uncategorized on 29/10/2017 at 5:06 pm

But no answer from Lim Tean.

On one of Lim Tean’s FB posts supporting Philip Ang’s call for a class action on CPF, on 27 October C Sing Ow  asked

So…can we know what was COLLECTED for THIS CLASS ACTION to date…

There was no response.

On 28 October C Sing Ow KPKB

For a small sum …everyone is ready n willing to contribute but They need ACCOUNTABILITY AND TRANSPARENCY in this CLASS ACTION on the funds collected.

Later on 28 October, he asked again

Collective ACCOUNT with details of collection n expenditures too. TQ

When I last checked there was still no response.

As Lim Tean is already supporting Philip Ang’s call for another class action, this time to sue SMRT for the delays and inconvenience caused by SMRT’s failures, this failure to respond to a reasonable question could show that Lim Tean’s moved on to another cause.

Not that I blame him: a CPF class action suit based on the “reasoning” of Philip Ang is a lot of bull.

But at the very least Lim Tean say to C Sing Ow, “Let u know, still counting”.

As to C Sing Ow’s cybernut credentials, whenever he posts on Chris K’s FB Wall he screams at the top of his voice. No small caps, all big caps. And worse he screams BS. He sounds a lot like TRE’s Oxygen: TRE grave dancer doesn’t deny grave dancing.

Coming back to Lim Tean, as a top gun-slinging lawyer he should know:

For want of a nail the shoe was lost,
for want of a shoe the horse was lost,
for want of a horse the knight was lost,
for want of a knight the battle was lost,
for want of a battle the kingdom was lost.
So a kingdom was lost—all for want of a nail.

He should mobilise the team of cyber-Amazons that have joined him to help him keep tabs of comments on his FB wall. Seems these women got tired of Goh Meng Seng’s BS. In casu u’ve forgotten who Goh Meng Seng is What Amos and Meng Seng have in common? Con’td.

SPH journalists so free meh?

In Uncategorized on 29/10/2017 at 10:31 am

The anti-PAP TRE cybernuts were crying for the SPH journalists and other staff that were retrenched, calling mgt “heartless”. Funny they forgot these people were enablers of the sytem they so hated. But then that’s why they are TRE cybernuts: brainless morons.

No need to cry for SPH journalists. They so free that got time to write novels (during working hours one assumes)

Two journalists have made the shortlist for the Epigram Books Fiction Prize 2017, Singapore’s richest literary prize.

Straits Times arts correspondent Akshita Nanda and assistant news editor at The New Paper Andre Yeo will be vying for the third edition of the $25,000 prize, Singapore’s only one for unpublished English-language novels.

They will be up against office executive Sebastian Sim, who is on the shortlist for a second time, and writer Judith Huang.

ST

The PAP administration will not be amused with these journalists because Epigram is quai lan being the publisher of two books that the PAP administration hates:

The National Arts Council (NAC) has withdrawn a publishing grant for the graphic novel The Art Of Charlie Chan Hock Chye on the eve of its Singapore launch because of “sensitive content”.

The council declined to elaborate on the reasons behind the decision to revoke the S$8,000 grant.

Charlie and Edmund …

 

And

The National Arts Council (NAC) withdrew a grant from Singaporean author Jeremy Tiang because the content of his book changed from his original proposal, said Minister for Culture, Community and Youth Grace Fu.

In a written response to Parliament on Tuesday, Ms Fu said that in Tiang’s case, “the project did not meet the funding requirements mutually agreed upon as the content in the book deviated from the original proposal”.

ST

Jeremy Tiang’s “State of Emergency,” is about a family caught up in the Communist insurgency in Malaya after World War II, and S’pore’s often brutal crackdown on suspected leftists during the Cold War.

Worse from the perspective of the authorities, Epigram is laughing all the way to the bank. Charlie Chan has old more than 14.000 copies here (Projected sales was max of 1000 copies a year). And it’s selling well overseas.

Whatever the publisher Edmund Wee is an RI boy. Makes up for fact that Tan Jee Say, Tan Jee Say and Kee Chui Chan are also from RI.

 

PAP has lost “output legitimacy”

In Economy, Political economy, Political governance, Public Administration on 28/10/2017 at 9:54 am

We all know the failures of SMRT and MRT. So no need to elaborate.

But the problems at SMRT and MRT and the failure of the PAP administration to hold anyone to account except “the maintenance team” (Though to be fair the team failed to empty the holding tanks beneath tracks so they can absorb rainwater without jamming the service.) shows that the PAP administration has really lost “output legitimacy”.

I wrote this four years ago between GE 2011 and 2015. The results of the two elections showed not that the PAP regained “output legitimacy”; but showed that the PAP spent more of our money on ourselves in between Are you better off now than you were in 2011?(Death of LKY also helped):

The ST has for several weeks been writing about the loss of trust between the people and the govt, and laying the blame on the people (“daft”) who are distracted by the new media’s DRUMS beating the RAVII theme ( OK I exaggerate but juz a little). (BTW, here in a different context, I’ve looked at the role the new media plays: amplification, not distortion of the dissenting, inconvenient voices to the PAP’s narrative which the local media propagandises, while suppressing the former.)

Actually, the loss of trust is due to the PAP govt’s loss of “output legitimacy” since the 1990s.

“Output legitimacy” is the idea that elected leaders make decisions that are unpopular in the short term but will be approved by voters once their success has been demonstrated.  A govt aiming for “output legitimacy” (most govts don’t, but the PAP is an exception) is a bold, self-confident govt because the govt and the politicians need to be proved right by events.  Sadly for S’poreans and the PAP, the record doesn’t look that great for one LHL. He had been DPM, and in charge of economic and financial issues, and the civil service, since the 1990s, until he became PM in 2004.

Yet events have showed that S’poreans are discontented, not happy with the achievements of his govt. The PAP only polled 60% (lowest ever) in the 2011 GE, and three cabinet ministers lost their seats, with the WP winning for the first time ever a GRC. In the subsequent PE, the PAP’s “preferred” candidate and a challenger (ex PAP man too) polled 35% each. The preferred candidate won by a very short nose.

This yr, the PM promised to meet our concerns (housing, healthcare and public transport will remain affordable, and on education) is like that: “Crashed the cars, trains and buses we were on – and then wants us to thank him for pulling us out of the wreckage using our own money, by voting for the PAP”.

— https://atans1.wordpress.com/2013/08/16/analysing-pms-coming-rally-speech/

— https://atans1.wordpress.com/2013/08/23/govt-needed-natcon-survey-to-find-these-things-out/

After all S’poreans’ concerns that housing, healthcare and public transport will remain affordable, and on education are the result of govt policies

His dad introduced the concept “output legitimacy” to S’pore (although not the term: too highfalutin perhaps?), partly because it suited LKY’s personality (intellectual thuggery, the belief that “leaders lead” and shouldn’t be governed by opinion polls, and micromanaging**), and partly because while S’pore was a leading Asian city in the 50s and 60s (as LKY and PAP haters like to remind us ad nauseam), that wasn’t saying much for most S’poreans: err bit like now, one could reasonably argue. Examples:

— When the PAP came into power in 1959, unemployment was over 10%; and

— in 1960, 126,000 man-hours were lost in strikes as compared to 26,000 in 1959.

Source: book reviewed here

There were then things that had to be done that would upset many people most of the time for a while. But if the policies worked, then the results would be visible. Well, at the very least, the voters were prepared to give LKY and the PAP, over 70% of the popular vote and all the parly seats for over a decade.

The world’s now a bit more complex since then, and S’poreans’ expectations have rightly risen, so whether it is ever possible that the PAP govt can ever recover “output legitimacy” is open to question even if it has the ‘right” people leading it. But at least it’s willing to spend more of our money on making life a more comfortable for ourselves. Maybe that should be its articulated goal, to frame our expectations of its “output legitimacy”.

Maybe the constructive, nation-building media, and new media outlets that believe in constructive criticism, like the Breakfast Network and the Independent*** can help the PAP govt? Better than flogging the dead horses of trust, daft people and that the internet beats DRUMS to the RAVII theme.

*Recriminations, Accusations, Vilifications, Insinuations & Insults

**Remind me of the bible verses: “Are not five sparrows sold for two farthings, and not one of them is forgotten before God?” or “Are not two sparrows sold for a farthing? and one of them shall not fall on the ground without your Father.”

***Independent sucks because it got its branding wrong. Name is so traditional media. In fact there is an established UK newspaper by that name.

Names with a whiff of the establishment seem old hat. Chris West, founder of Verbal Identity, specialists in linguistic branding, says that “they appear to be hankering after a debased culture of corporate magnificence”. Consumers think of them as pompous, self-serving, impersonal. The advantage of calling your business Wonga and GiffGaff lies in the rejection of superfluous formality. We perceive them as younger, more in-touch, less “corporate”. As Mr West concludes, “they sound like words we might hear at the pub”.

Then there is the quality of its writing. But that shows up the pedigree of two of its founders.

As for BN, it’s a work-in-progress, and it’s a gd training place for budding journalists: got ex-TOCer who has learnt to write proper, readable English. So I wish it well, even if I’ve heard allegations about its funding. And it has a great name. Spent a lot of cash getting its name right?

The PAP govt has lost “output legitimacy”: Discuss

Btw, Breakfast Network morphed into TMG which has just announced that it’s closing. No money. The Independent has morphed into The Idiots.

Related post: Parable of the contented dog/ No need to be grateful to the PAP

Atas website closing

In Uncategorized on 28/10/2017 at 4:46 am

Yikes there are even bigger cheapskates than the born-loser TRE cybernuts.

TMG (One of its founders was a paper general in the Imperial Stormtroopers. She tot she could be ST editor, a Sith Lord post. She left the Dark Side after her retirement from ST.) is closing down.

Although it has 50,000 – 1000,00 regular readers a month, it has only 200 regular donors contributing about $3,000 each month.

“We have just over 200 patrons on the platform, contributing about $3,000 each month, and the choices we made meant that we were not as attractive as other platforms when it came to sheer traffic and viral content – the lifeblood of ad campaigns. Unfortunately, the overheads for a solid news editorial team run into the tens of thousands, and TMG wasn’t an operation we could sustain long term, not without departing from the core values that we hold dear.”

http://themiddleground.sg/2017/10/28/thank-just-cant-go/

And they had claimed implicitly that their readers were upper crust types, not the ratty nuts infesting the anti-PAP sites.

Well the richer people claim they are, the more cheapskate they are

a survey suggests a huge number of the better heeled have also been browsing the aisles and may have a product from at least one of them lurking in their larders and fridges.

Retail researchers Mintel have found that 77% of households earning £50,000 or more have bought from the stores.

That is a higher proportion than UK shoppers on much lower incomes.

Among those with a household income of less than £15,500, 73% use discounters, according to Mintel.

http://www.bbc.com/news/business-41652423

So maybe the TRE cheapskates are really rich.

 

 

The world in 2027

In Internet on 27/10/2017 at 5:45 pm

No “smart homes” and driverless cars in cities.

From http://www.bbc.com/news/technology-41694991

Back in 2001 a book called “The Future of Wireless Communications” predicted the following technology developments by 2020:

  • A personal communicator that would book flights and allow you to check in at airports.
  • A personalised news feed delivered to your communicator.
  • A robot that mows the grass.
  • A function allowing you to pre-order your cappuccino from a coffee chain and then direct you to its location.

Those predictions look pretty accurate and now the book’s author, William Webb, a telecoms consultant, is publishing his vision of how the world will look in 10 years.

His predictions include:

  • Virtual assistants like Siri or Alexa will play bigger roles in our lives.
  • AI will have become extremely good at specific tasks.
  • In the workplace facial-recognition technology replaces security staff and robot vacuum cleaners take away cleaning jobs.
  • Retailing will be almost entirely online.

But mostly he is very cautious about the pace of change. He does not believe we will all have smart homes – “the benefits are not that great but the price is quite substantial” – and he is not convinced that autonomous cars will soon be cutting congestion in cities.

“It’s a nice vision,” he says. “I think we will see a very limited autonomy. In 10 years we might well see cars on the motorways but I don’t think we will see that in city centres – it’s just too complicated.”

And as for general artificial intelligence able to complete a variety of tasks, he thinks that is a long way off.

We are told that technology is advancing at breakneck speed. But if William Webb is right it may take something of a breather over the next decade.

Oh and in S’pore PAP still in power much to the frustration of the anti-PAP cybernuts who lost their nest when TRE closed because the cybernuts were too cheapskate to fund it. TeamTRE got tired of being taken for a ride by the cybernuts.

ST editor admits failing in reporting and analysis

In Media on 27/10/2017 at 4:57 am

“Our goal must be (to) produce reliable and credible political news as well as thoughtful and insightful commentaries on Singapore politics and policy affairs,” said Warren Fernandez ST editor and editor-in-chief of the English/Malay/Tamil Media (EMTM) group at SPH. Reference: https://sg.news.yahoo.com/sumiko-tan-promoted-key-editorial-role-sph-073324356.html

Wow what an admission that ST and SPH in general are not producing “reliable and credible political news as well as thoughtful and insightful commentaries on Singapore politics and policy affairs”.

Interesting this admission because many S’poreans (self included), not juz the anti-PAP ang moh tua kees and their fellow cybernuts, think that the nation-building and constructive SPH group and MediaCorp are just part of the propoganda department of the PAP administration.

So producing “reliable and credible political news as well as thoughtful and insightful commentaries on Singapore politics and policy affairs” remains only a goal i.e. an aspiration like multi-racialim in S’pore.

(Oh I forgot that having someone whose i/c says “Indian” as the “Malay” president is multiracism at work, a bit like “Calling a deer a horse”?)

Whatever, it looks as though Warren Fernandez accepts that S’pore’s 151st ranking  in the World Press Freedom Index is about right.

A report by Reporters Without Borders (RSF) reflected Singapore being in the 151st place this year. In 2016, Singapore was in the 154th rank.

This year, other Asian countries above Singapore includes:

Taiwan – 45th rank (up two ranks from 51 in 2016)
South Korea – 64rd rank (up six ranks from 70 in 2016)
Japan – 72nd rank (maintaining the same rank as in 2016)
Thailand – 136th rank (up six ranks from 142 in 2016)
Indonesia – 124th rank (up six ranks from 130 in 2016)
Philipines – 127th rank (up 11 ranks from 138 in 2016)
Burma – 131st rank (up 12 ranks from 143 in 2016)
Malaysia – 144th rank (up two ranks from 146 in 2016)

Hong Kong fell to the 73rd rank from 69 in 2016.

TOC

Or maybe he juz feeling punch-drunk after learning that Sumiko Tan is his new deputy. A lot of people in ST, and ex-ST (think wannabe Sith Lords) think she’s an air-head.

Related post: LKY’s favourite editor

 

 

Foreigner praises S’pore’s healthcare

In India on 26/10/2017 at 5:13 pm

In the film, Dr Maran asks why a country like Singapore levies “lower GST and yet provides free healthcare while India has a GST of 28% and yet cannot provide quality medical care”.

http://www.bbc.com/news/world-asia-india-41718074

 

Khaw, Desmond would have appreciated this

In Uncategorized on 26/10/2017 at 7:24 am

After Khaw, and the chairman and the CEO of SMRT did a pale imitation of Japanese-style apology over the “ponding” problem, and were jeered in cyberspace by many S’poreans (not juz the usual anti-PAP cybernuts from TRE and Chris K’s FB wall), they’d have appreciated this if something like this was available here last week.

A smartphone game in which players can “applaud” Chinese president Xi Jinping has gone viral.

The app, released in the week of the Communist Party Congress, lets users clap for Mr Xi by tapping their phone screen as many times as possible in 19 seconds.

The game, from Tencent, has racked up 1.2 billion plays in three days.

http://www.bbc.com/news/technology-41693817

Never mind, some state agency will fund such an app so that at next year’s Nattional Day when PM says we have the greatest public transport system in the world, PAPpies (having eaten their atas dog food from a company financed by Temasek) can applaud PM in cyberspace.

Make cyberspace safe for the PAP.

Xi’s an interner sui kee

In China, Internet on 25/10/2017 at 4:29 pm

Mr Xi has

more power than any Chinese leader since Mao Zedong. He is the first living leader to be mentioned in the party’s charter since Mao.

https://www.economist.com/news/china/21730590-does-mean-no-one-can-challenge-him-xi-jinpings-thinking-ranked-alongside-maos

But he and China were nowhere to be found last week when

Tech giants Microsoft, Facebook, Twitter and Google have agreed to do more to remove extremist content within hours of it being posted.

The accord was decided at a two-day meeting between the G7 nations and the tech firms, hosted on the Italian island of Ischia.

http://www.bbc.com/news/technology-41693777

Where’s China, Alibaba and Tencent? Not tua kee enough isit?

Xi and Jack Ma and the head of Tencent must be banging their balls balls that despite China’s billions of internet users it and its  leading cos are not an internet super power, unlike Canada, France, Germany, Italy, Japan, the United Kingdom and the United States, and Microsoft, Facebook, Twitter and Google.

They just like Putin and Russia: internet pygmies.

Temasek into PAPpy food

In China, Temasek on 25/10/2017 at 10:05 am

FT reports that Hosen Capital, New Hope (a Chinese agricultural group) and Temasek have bought the Real Pet Food Company. They paid A$1bn for the Australian pet food group.

The plan to is to sell dog food in China.

And it’s not juz ordinary dog food that this company produces. It’s gourmet dog food.

In the S’pore context, it’s food meant for PAPpy dogs like ST and Mothership journalists, not the pariah dogs that pee, crap and bitch on TRE.

How PM honours “Pa”

In Uncategorized on 24/10/2017 at 2:16 pm

The hermitess of Oxley, or the husband of lawyer got liddat mah?

PM rereads LKY’s speeches and “can hear his voice in” his head.

 [W]e think of him often, we read his old speeches and we say, “well, that’s still relevant to us today.” The way he puts it still has a ring to it. At the same time, we have to build on that and move forward, because if we just remained with what he had imagined and what he had done and nothing more, I think he’d have been very disappointed.

CT: If he were alive today, what advice do you think he would have given you?

PM Lee: I think he would have said, “Press on, move on. Don’t be looking at the rear view mirror. Remember what has happened, understand how you got here, but look forward and press forward.”

CT: You can hear his voice in your head?

PM Lee: (laughs) Yes, we can imagine that.

http://www.asiaone.com/singapore/cnbc-transcript-lee-hsien-loong-prime-minister-singapore

To be fair to the hermitess, she keeps the ashes of her parents in the Oxley Road House.  I had tot that the ashes were scatterd in the sea, or from an aeroplane over S’pore. I didn’t expect the ashes to be in urns in the Oxley shrine Road House. Wonder if she practices shamanisitic rituals to channel “Pa”?

That’ll be one up on tai kor who only reads pa’s speeches and hears his voice in his head.

 

MRT: Pouring petrol on the waterborne flames of discontent

In Infrastructure, S'pore Inc on 24/10/2017 at 7:11 am

That’s what the chairman of the Public Transport Council did last week, a few days after Khaw, and the chairman and the CEO of SMRT did a pale imitation of Japanese-style apology over the “ponding” problem. 

The Public Transport Council (PTC) will consider the rising cost of maintaining new rail infrastructure as it goes into its annual fare review exercise, PTC chairman Richard Magnus said on Thursday (Oct 19).

Mr Magnus wrote in a blog post, titled Balancing Sustainability and Affordability, that the council “cannot turn a blind eye” to rising costs as it has to ensure the “viability of the public transport system”*.

Read more at http://www.channelnewsasia.com/news/singapore/fare-review-adds-to-rising-costs-of-public-transport-magnus-9325772

He obviously isn’t singing from the hymn sheet as the other three because the last thing the PAP administration wants, is to remind the commuting public that once the trains run like clock-work again there’ll be fare rises**. (Funny that the trains were on time when ran by a Ferrari-owning FT retailer, who also owned a Mercedes sports, not a paper general.)

Whatever, somehow I think that even if the problems at SMRT and the other MRT lines are fixed by this time next year next year, way before the next general election (latest possible date is in early 2021), there won’t be fare increases until after the general election. (And if the problems ain’t fixed by 2021, I wouldn’t be surprised if PM declares a state of emergency, delaying GE until after the MRT problems are solved.)

Btw wonder who are the

— turkeys voting for Christmas,

— suckling pigs voting for Chinese New Year, and

— the sheep voting for Eid al-Adha,

in the focus groups that tell the PTC that “fares are affordable”. Must be the die-die must vote PAP PAPpies.

————————————————

*The report contined:

He detailed the cost of investments in public transport, such as the new Downtown Line and bus contracting subsidies.

The Government’s investments in new rail infrastructure will cost S$20 billion over the next five years, and comes on top of S$4 billion to renew, upgrade and expand rail operating assets, he wrote. Another S$4 billion will be spent on bus contracting subsidies over the same period.

“While these investments are a necessary part of the Government’s push to improve the public transport experience, they raise operating costs and impose a heavy cost burden on taxpayers,” he said.

**Chris K, no fan of the PAP, points out that by first world-standards, public transport fares are low. Funny on this pro PAP occasions, he doesn’t point out that salaries here are not Swiss standard. Btw, his FB wall is becoming the home of TRE’s cybernuts. Comments by the likes of Albert Tay and Es Nolan could have come TRE cybernuts like Oxygen and Rabble-rouser. Chris K will steal eat the lunch of TeamTRE. He doesn’t ask them for funds.

Update on Lim Tean’s video and rally

In Uncategorized on 23/10/2017 at 11:33 am

Further to Whatever happened to Lim Tean’s defamation video? And his jobs rally? Lim Tean replied saying the video’s coming out in early November and the job rally some time in November.

Glad that he raised the funds because this shows shows that not all anti-PAP S’poreans are as cheapskate as the freeloaders and born losers from TRE.

Dear Cynical Investor ,

The defamation video is in the process of being finalised . We are adding animation so it is taking a bit longer than expected . But we should be able to release it in the 1st half of November . Apologies for the delay .

As for the jobs rally , that was postponed because of the anticipated Presidential Elections and the ensuing outcry following the walkover . We are planning to put on the rally in November and have an exciting lineup of speakers . We intend to have a jobs rally like never before and will be informing Singaporeans of details soon !

I’ll report on whether he meets the deadlines.

Whatever happened to Lim Tean’s defamation video? And his jobs rally?

In Uncategorized on 23/10/2017 at 5:01 am

So Lim Tean and cybernut Philip Ang are raising money to sue someone about our CPF:

Lim Tean and I have set up a crowdfunding account @ https://www.facebook.com/tean.lim.75. (POSB Savings 198-91842-3) Please keep a record of your transaction as your particulars will be required before the launch of the class-action suit. Unused portion will also be returned, pari passu.

https://likedatosocanmeh.wordpress.com/2017/10/15/class-action-suit-only-option-for-cpf-members-to-right-a-sorry-situation/

While this blog had been impressed by Lim Tean, this blog must point out that S’poreans are still waiting for his jobs rally Update: “Fair Jobs for Singaporeans” rally/. Has he raised the full $20,000 he asked for? No $20,000, no rally isit?

And then there’s the defamation video which should be out by now but again “not picture, no sound”. Also cannot raise the money isit?

14 August

Donations needed! With your help Defamation 101 video can be released in 3 weeks. Please donate today.
PayPal.Me/ProjectFreedomSG
or bank transfer to CIMB bank, Lim Tean 1000 769 876

 

************Make “Defamation 101” video happen! ****************
We are crowdfunding for Lim Tean’s new video project, a thorough exploration through Singapore’s strict defamation laws. He will guide us through what we can and cannot say so that we may have a stronger and more confident voice when speaking our truth.
Donate via PayPal (paypal.me/ProjectFreedomSG or use email teanlim1964@gmail.com).
Contact Lim Tean or Project Freedom for more info.

Will his Sue CPF campaign go the way of these two earlier projects? No picture, no sound. Anti-PAP S’poreans not responding to funding calls isit? And so Lim Tean not doing anything, but keeping quiet? No money no more talk isit?  Typical lawyer at work isit?

If he cannot raise the monies he wants to for the video and the rally, he should say so. No shame on him that he’s again double confirmed that the anti-PAP S’poreans are a bunch of freeloaders, cheapskates and born losers. everything must be done for them for free.

And it’s no shame on him that he can easily fund these two projects but won’t. These projects are meant to galvanise the masses, but if the masses are not interested in doing anything, why throw money away?

Btw whatever happened to the monies already raised? Will they be refunded if the rally or video don’t materialise.

Why our Oppo so small and weak

In Uncategorized on 22/10/2017 at 1:39 pm

They are like our wild animals. They enrich the PAP-created environment without endangering the PAP or S’poreans. Think s/o JBJ, the two Ravis, the Chiams or the Wankers.

Big, dangerous Oppo figures are “sued” to extinction (JBJ, Roy etc) or detained (Teo Soh Lung, Amos Yee etc). But then Mad Dog Chee is still roaming the streets, so beware.

“THE WILD ANIMALS WE HAVE IN SINGAPORE ARE GENERALLY SMALL AND CAN THRIVE IN OUR WOODS AND GARDEN CITY. THEY ENRICH OUR ENVIRONMENT, MAKING SINGAPORE A NATURAL CITY AND NOT A BARREN ONE. THE PRESENCE OF SMALL, WILD ANIMALS IS A TRIBUTE TO OUR ABILITY TO BALANCE URBAN LIVING WITH NATURE.”

HE ADDED: “OCCASIONALLY WE MAY RUN INTO LARGER AND POTENTIALLY AGGRESSIVE ANIMALS SUCH AS WILD BOARS, SNAKES AND CROCODILES. THEY ARE BEST LEFT ALONE AND REPORTED TO THE AUTHORITIES WHO ARE TRAINED TO HANDLE THEM SAFELY. NOT WORTH PUTTING ONESELF AT RISK OR STRESSING THE WILD ANIMAL FOR THE SAKE OF A SELFIE OR VIDEO.”
(ESM GOH CHOK TONG)

Above posted by FB and real life friend on FB.

Would Mata Hari love our paper generals?

In Uncategorized on 22/10/2017 at 5:26 am

Mata Hari 13.jpg

“I have loved officers my whole life. I would rather be the mistress of a poor officer than of a rich banker. I gladly go to bed with them without thinking of money.”

————————–

Margaretha Geertruida “Margreet” MacLeod (née Zelle; 7 August 1876 – 15 October 1917), better known by the stage name Mata Hari, was a Dutch exotic dancer and courtesan who was convicted of being a spy for Germany during World War I[1] and executed by firing squad in France.[2]

https://en.wikipedia.org/wiki/Mata_Hari


What do u think? Afret all our paper generals have monbey too.

New magic space in F&, retailing

In Uncategorized on 21/10/2017 at 1:46 pm

“Affordable luxury brands like Blue Bottle are pricing their coffee high enough that consumers feel like they’re splurging, but low enough that that splurge can be rolled up into their weekly budget,” Taylor Palmer, an analyst at the research firm IBISWorld.

Blue Bottle is an atas coffeee chain in US that Nestlé is buying a controlling stake in.

2033: Real reason why PAP rule will really end

In Political governance, Property on 21/10/2017 at 7:07 am

When I wrote Today SMRT, TOM Resale Public Housing which tells readers living in HDB flats how much time they have to enjoy “asset enhancement” after paying off their “affordable” 25-year mortgage (before the value of their HDB flats collapses according to calculations made by the constructive, nation-building ST not anti-PAP cynernuts), a regular reader linked my tots to an earlier piece Why 2033 will be the yr PAP rule ends.

By then the problem of large swathes of HDB estates’ (not just blocks here & there) impending demise to zero value will be front & center.

this fat cat rentier pointed out referencing Why 2033 will be the yr PAP rule ends

So u really think Ah Loong wants his son to be the 5th generation PAP PM? Something his siblings and anti-PAP cybernuts allege?

When China refuses to take FTs from the West

In China on 20/10/2017 at 4:21 pm

The West has a problem.

Imagine the world as a global waste disposal system. Now imagine it with a blockage.

And what if that waste is backing up around the world, reappearing in places where you really don’t want it to be.

That blockage is about to happen in China and the flood is going to start seeping out into waste disposal operations around the world.

Three months ago, China decided to ban 24 different grades of rubbish as part of its “National Sword” campaign against foreign garbage.

Until now China has been importing millions of tonnes of the world’s waste every year to feed its recycling industry.

http://www.bbc.com/news/business-41582924

Today SMRT, TOM Resale Public Housing

In Property on 20/10/2017 at 10:50 am

But first, why a good public housing system is good for society.

Housing is the first of the social services. It is also one of the keys to increased productivity. Work, family life, health and education are all undermined by crowded houses. Therefore a Conservative and Unionist Government will give housing a priority second only to national defense.

1951 Tory conference: Economist

(Note the Tories won the UK general election and ruled until 1964 despite several debacles like the Suez crisis and not getting into the EU.)

Like the Tories, Harry and the PAP Old Guard when they came to power in 1959 also understood the importance of housing in building a cohesive society .


Related articles

“Housing is Affordable”: The real truth

Recognise this ang moh description of our HDB system?

From conception to death, the PAP looks after S’poreans

—————————————————

But things started going wrong when HDB flats on 99-year leases became “assets” to be manipulated for political gain (Think “asset enhancement”). The result: “affordable” public housing now means HDB “owners” having to take out mortgages of 25 years. Not a big problem if one buys a BTO flat from the HDB. After paying off the mortgage, there’s 39 years to go before the value of the flat falls over a cliff.

http://www.straitstimes.com/opinion/will-you-still-love-your-hdb-flat-when-its-over-64

Note, it’s not the anti-PAP cybernuts pointing out the fall in value when the flat is 65 years old. It’s the constructive, nation-building ST.

But if one bought a 30-year old HDB resale flat, by the time the mortgage is paid up, one only gets 9 years before the value of the flat falls over a cliff.

In between a BTO and a 30-year old flat:

— If one bought a 20-year old HDB resale flat, by the time the mortgage is paid up, one gets 19 years before the value of the flat falls over a cliff.

— If one bought a 10-year old HDB resale flat, by the time the 25 year mortgage is paid up, one gets 29 years before the value of the flat falls over a cliff.

One by one, the icons of PAP rule are showing their feet of clay. First was and is the MRT system run by SMRT, next will be resale public housing.

——————————————-

Feet of clay

Thou, O king, sawest, and behold a great image. This great image, whose brightness was excellent, stood before thee; and the form thereof was terrible.

This image’s head was of fine gold, his breast and his arms of silver, his belly and his thighs of brass,

His legs of iron, his feet part of iron and part of clay. (Daniel 2:31-33)

And whereas thou sawest the feet and toes, part of potters’ clay, and part of iron, the kingdom shall be divided; but there shall be in it of the strength of the iron, forasmuch as thou sawest the iron mixed with miry clay.

And as the toes of the feet were part of iron, and part of clay, so the kingdom shall be partly strong, and partly broken.

And whereas thou sawest iron mixed with miry clay, they shall mingle themselves with the seed of men: but they shall not cleave one to another, even as iron is not mixed with clay. (Daniel 2:41-43)

 

 

 

 

 

 

 

 

 

Only in the Trump administration

In Uncategorized on 19/10/2017 at 4:29 pm

So surreal.

From NYT Dealbook

Recalcitrant lawmakers may have more ammunition for their stance from an unusual source: a Harvard University economist whose work has been cited by the White House in its assertion that lower corporate taxes could raise household incomes by as much as $9,000.
Jim Tankersley, NYT:
The top end of that estimate was based on work by a trio of researchers, and on Tuesday one of them, Mihir Desai of Harvard, said Mr. Trump’s team had misread the research. The actual income gain implied by his study, he estimated, would be $800.
Mr. Trump’s economic team disagreed — saying Mr. Desai had erred in interpreting his own paper.

Making MRT Great Again

In Infrastructure, S'pore Inc on 19/10/2017 at 5:31 am

“Win back our trust”. Taz what Khaw, and the chairman and paper general CEO at SMRT should be doing to make Our MRT Great Again.

First world country.
First world transportation.
First world ethics.

Not the usual suspects KPKBing “PAP is always wrong”.

Someone by the name of Eugene Weeposted u/m on FB. Although he isn’t at present living overseas, he’s spot on on his take of SMRT and what needs to be done.

I think Singaporeans are an understanding bunch.

Yes, we complain like mad when the train service is delayed because in more ways than one, it affects our daily lives and jobs.

But this does not mean we are on a witch hunt to get people fired.

We have been brought up in a culture of honesty and responsibility, and we expect the same from the highest levels of management or government. I believe we are simply looking for an honest response, admission of the issue and a credible solution.

We are more than happy to move on.

But what is unacceptable is when problems remain unaddressed, and worse still, its getting more common.

In light of these, of course there is a swelling ground discontent. but what makes me really uncomfortable is the responses to the public are nothing more than PR spins… get the public to be grateful, look at the hardworking people, to empathize with the workers etc etc.

These PR stunts are not only failing to address our concerns but also basically missing the point, not to mention eroding public trust.

We are not blaming the workers; what we are saying is that the only affordable form of public transport (that the majority of Singaporeans relies on for their bread and butter) is not reliable and please fix it – that is the management’s role.

Yes, we get it. Transportation is not an easy role, and we are not saying it is. But please don’t whitewash or brush it over with some convenient statistics of how more reliable it is when it is not.

If we believe Singapore’s education is top notch; we too, have to believe that Singaporeans are not that gullible to believe in selective statistics, and ignore the day to day disruptions.

If we aim to uphold our values as a first world country that takes pride in what we do, then please don’t give third world responses.

Take issue with the problems at hand, fix it, stop pushing the blame and definately not passing the buck down the line.

We are better than this.

Please don’t take aim at the ground workers, it is not only an appalling display of poor leadership but a clear indication of a lack of moral courage to be there for your people.

And please don’t talk about increasing public transportation fares or increasing salaries till you can increase reliability.

We know it’s an uphill climb, but important sacrifices have to be made in the higher echelon and communications have to be more sincere.

Win back our trust.

First world country.
First world transportation.
First world ethics.

Why PAP doesn’t do accountability, meritocracy.

How to win over PAP voters

In Uncategorized on 18/10/2017 at 4:26 pm

Online rows cannot be settled by quoting facts, suggests research.

Instead focus on the benefits that voting against the PAP will bring like having getting rid of the paper generals and other scholars. And that the PAP will throw more of our money at us.

But whatever don’t follow Oxygen and his other nutty and ratty TRE pals. They think that the 30% must rule over the 70% because the cybernuts are more intelligent than the avewrage voter.

Facts don’t matter online

There’s a well-known cartoon featuring a woman asking a man when he’s coming to bed who then says: “I can’t – someone is wrong on the internet.” It sums up just how we can be drawn into arguments online with people who seem to be immune to reason.

But a neuroscientist at University College London says we are probably wasting our time if we think facts will change people’s minds. Tali Sharot has written a book called The Influential Mind about how the methods we use in argument don’t work because they don’t fit with the way the mind operates.

She says the sheer volume of information now available on the internet is actually making things worse: “You can find information that supports anything you want to – and people do.” So if you believe the world is flat or that vaccines cause autism, you can find material online to back up your beliefs.

“What we need to realise is fighting the confirmation bias is not very helpful,” says Dr Sharot. “We can’t change millions of years of evolution – our brains work in a certain way.”

It seems a counsel of despair for anyone who believes that facts matter. But there is a cunning way of getting people to change their minds.

Dr Sharot points to a group of scientists who took a different approach when trying to convince parents that vaccines were not linked to autism. Instead of confronting them head on with studies that showed there was no link, they accepted the parents’ beliefs and instead talked to them about the good things vaccines did – such as keeping children safe from measles or mumps.

“They highlighted something everyone agreed on,” she says. This approach proved far more effective at changing minds than just a bald laying out of facts.

And do not feel smug in the belief that you are far too smart to be dogmatic about your beliefs even when you are shown evidence to the contrary. Dr Sharot says the research shows that the more intelligent you are, the more likely you are to have a confirmation bias.

http://www.bbc.com/news/technology-41206533

ElderShield: KS, opacity at work

In CPF on 18/10/2017 at 5:54 am

There’s a big reduction in the premium for the my ElderShield renewal premium for 2017- 2018.

My usual premium is slightly more than $200, but I’m paying only $31 this time only because “ElderShield claims have been lower in the last 5 years of the scheme.”

What this means is that ElderShield people were too conservative in their projections. Btw, no other details given.

Reminds me of CPF Life. Kia sumism and opacity at work.

Will PM, tonite, give peace of mind on CPF Life Standard?

CPF Life payouts: Why liddat?/ Save and save

 

 

Where the money is

In Investment banking, Private Equity on 17/10/2017 at 2:39 pm

Blackstone Seeks Retail Cash: “The logic is simple: There were 7½ times more U.S. households with $1 million to $5 million in assets at the end of 2016 than there were households with $5 million to $25 million, according to market research firm Spectrem Group.”

NYT Dealbook

Same reason why Goldman Sachs has done into internet banking Debt is good

Where’s Khaw? (cont’d)

In Corporate governance, Infrastructure, Public Administration, Temasek on 17/10/2017 at 6:59 am

Since I wrote Where’s Khaw? on Sunday, he’s resurfaced like a submarine. From a flooded MRT tunnel isit?

And he’s not blaming the constructive nation-building media or new media or even commuters for misrepresenting the truth about the “ponding” at Bishan. Instead

In his first comments on the unprecedented flooding-induced train outage on Oct 7, Transport Minister Khaw Boon Wan apologised to commuters but pinned the blame squarely on operator SMRT’s maintenance regime.

But there’s more:

Chairman of SMRT Corporation and SMRT Trains Seah Moon Ming bowed and apologised to the public for the underground flooding incident along the North-South Line (NSL) on Oct 7-8 that resulted in a 20-hour disruption. 

But SMRT’s president and group chief executive officer Desmond Kuek, while expressing regret, did no apologies or bowing:

“Much progress has been made with the inculcation of a positive work culture, but there remain some deep-seated cultural issues within the company that has needed more time than anticipated to root out.”

Hello he became the President and Group Chief Executive Officer of SMRT Corporation Limited (SMRT) on 1 October 2012.

So it’s been a good five years since he took charge. He now owns the culture and all other bits of SMRT. SMRT’s history pre October 2012, is no longer an acceptable, reasonable excuse.

But in S’pore scholars don’t get sacked do they? Meritocracy? What meritocracy? Why PAP doesn’t do accountability, meritocracy.

Here life is good for scholars. Multi-millionaire salaries but not accountable for results: juz for trying hard it seems.