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Archive for September, 2019|Monthly archive page

Terry and his “bunch of Indians”

In Internet on 30/09/2019 at 11:21 am

Minister Shan recently outed a M’sian Indian based outside KL proper, as the star writer of Terry’s Online Channel. Until then, based on her name, I tot she was an India-based Indian.  TOC: A lot of bull. Btw, seems another writer with Indian-sounding name is also M’sian.

Hello? Hello? Other than Terry, any S’poreans writing for TOC?

Whatever

The “T” in FT can stand for “Talent” not “Trash” who beat up S’poreans if TOC is to be believed. Don’t listen to the foreigners who write for TOC: TOC: A lot of bull.

At least FTs work here and pay GST and other taxes. Terry’s team work overseas. And TOC and its cybernut readers criticise the PAP govt for allowing in FTs?

TOC is hypocritical

Waz really funny is that Terry once upon a time upset Philemon Ravi by calling TISG “a bunch of Indians”. P Ravi was then the editor of TISG, a publication better known as “The Idiots, S’pore”. P Ravi must be chuckling that Terry’s star writers are Indians.

Whatever, P Ravi now knows that Terry is no racist, and we, that he like PAP: want cheap labour.

Seriously, waz really black comedy at its blackest and funniest is him using foreigners when he KPKBs about govt’s FT policy and how it hurts S’poreans. At least FTs pay taxes and rent, and spends money here benefiting the economy. His foreign writers spend Terry’s money overseas.

A pro-PAP site put it this way

“Let us be clear: there’s nothing wrong with hiring Malaysian or foreign writers to write critically about Singapore. If they wanna write about how S’poreans are arrogant, we’ll wholeheartedly support that…What’s not right is when you dish out xenophobic articles criticising foreigners working in S’pore but in the same breath hire foreigners.”

SMRT Feedback

(Btw, Idiots S’pore also use foreigner I’m told. TRE doesn’t. TeamTRE is headed by a S’porean based in China. They slog for a bunch of ingrate readers not willing to fund them, and who always KPKBing for bad service, but always coming back because free lor.)

I’ll be fair and let Terry or rather a TOC writer (S’porean?) have the penultimate word:

Responding to Mr Shanmugam’s fiery statement, Terry asserts that all articles published on TOC are directed and subsequently approved by him as the Chief Editor.

“Nothing goes unvetted by me, a Singaporean who has served his national service and held responsible by the Ministry of Communication and Information as the registered person in charge,” said Terry.

“If one is to observe the series of Facebook posts and now, the Law Minister comments, one can easily come to a conclusion that there is a collaborated campaign to discredit TOC.”

He then went on to address the debate on hiring foreign persons, saying, “To the best of my recollection, there is no law against hiring person of foreign nationality and TOC has not used nor received any foreign funding. So what is the Law Minister barking about?”

TOC’s Kathleen F (Another M’sian-based M’sian Indian writer?)

https://www.theonlinecitizen.com/2019/09/25/nothing-goes-unvetted-by-me-tocs-editor-terry-xu-responds-to-minister-k-shanmugans-comments-on-foreign-interference/

Sorry TOC, SMRT Feedback is right, “What’s not right is when you dish out xenophobic articles criticising foreigners working in S’pore but in the same breath hire foreigners.”

Look at the group photo here (See who attended TOC’s do) and wonder who else are hypocrites.

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Bayee offends other Bayees

In Humour on 29/09/2019 at 3:00 pm

Bayee tells joke that upsets other Bayees.

Comedian Lilly Singh, who made the leap from YouTube to late night TV just last week, has apologised for an on-air joke that compared turbans to bath towels.

Some members of the Sikh religion, who wear turbans for spiritual reasons, were angered by her remarks on NBC.

On Twitter she apologised for the “painful” and “stupid joke”.

https://www.bbc.com/news/world-us-canada-49857361

Ownself offend own race. LOL.

Neighbouthood’s in a pretty good place

In Indonesia, Malaysia on 29/09/2019 at 5:11 am

The Philippines, Indonesia and Thailand are in a position to loosen fiscal and monetary policy, according to Pictet.

As is Tun’s M’sia, going by Pictet’s analysis.

China says it needs HK as a financial centre

In China, Hong Kong on 28/09/2019 at 7:00 am

OK, OK not China but the constructive, nation building People’s Daily: Xi’s answer to our ST.

In an editorial on September 16, the paper said that HK was irreplaceable for China because of its importance as an offshore renminbi trading hub, its rule of law, its role as a risk and wealth management centre and its place as one of the freest economies in the world.

Well you heard it from China’s ST, not from some CIA funded ang moh running dog ang moh media like the FT or Economist or NYT who have also said this. As by the way as does once cybernut hero Chris Kuan.

Why isn’t Terry Online’s Service taking stuff from him. Secret Squirrel tells me it’s because he tells it as it is. Terry only wants stuff that puts the PAP govt in a bad light, even if it means faking the facts: Why TOC’s Danisha Hakeem is a menace to the credibility of alt media. Btw, he’s a S’porean.

Sorry coming back to HK.

Financial aspects of protests

Attempt to bring down HK’s financial system fails: yet again

Why HSBC is really Hongkong Bank

Tourism is 40% down because mainlanders are not coming and Swiss cos are affected.

Where PAP is most vulnerable

In Economy, Financial competency, Political governance, Public Administration on 26/09/2019 at 4:50 pm

In PAP is like one armed swordsman,I said I’d talk more about the election goodies.

“Ownself fund ownself”

We know the PAP has been doling out the goodies. But remember it’s all from yr own money.

In 2018, I wrote

[O]ver the last 10 years, Singapore’s net investment returns (NIR) contribution (NIRC) to the Budget has more than doubled from S$7 billion in FY2009 to an estimated S$15.9 billion in FY2018.

Waz this NIRC and NIR BS?

NIRC consists of 50 per cent of the Net Investment Returns (NIR) on the net assets invested by GIC, the Monetary Authority of Singapore and Temasek Holdings and 50 per cent of the Net Investment Income (NII) derived from past reserves from the remaining assets.

In other words, we spend 50 per cent of the estimated gains from investment, and put the remaining 50 per cent back into the reserves to preserve its growth for future use.

Associate Professor Randolph Tan is Director of the Centre for Applied Research at the Singapore University of Social Services, and a Nominated Member of Parliament.

Under PAP rule will S’pore become like UK or Venezuela?

In 2011 I wrote the following explaining how the money for our SWFs really came from us (When most probably Roy Ngerng was still wearing shorts and still coming to terms with his sexuality):

https ://atans1.wordpress.com/2010/11/02/how-we-fund-our-swfs/

https://atans1.wordpress.com/2010/11/19/property-sales-also-fund-our-swfs/

At the most, the PAP govt should be given credit for allowing S’poreans to spend more of our own money on ourselves. And even that was because in 2011, the voters gave the Pap an underwhelming ruling mandate to govern. And if not for Goh Meng Seng, his useful idiot Tan Kin Lian and Tan Jee Say (opportunists three), the PAP’s preferred presidential candidate would have lost to Dr Tan Cheng Bock.

So spread the word to those who think that they should be grateful to the PAP for the goodies that its our money the PAP is spending, but claiming credit for. Sadly, I doubt this will happen because cybernuts rather spread anti-PAP BS than the nuanced truth, even if the latter can persuade the PAP voters who think (about 35% of the voters: those who voted for Dr Tan Cheng Bock).

GST

In How PAP can win 65% plus of the vote, I pointed out that postponing the GST rise is the best to ensure a 65%+ share of the popular vote for the 4G leaders. But the 4G leaders think that the goodies doled out are sufficient for a 62% victory, if not more. (Btw, article lists most of the goodies)

Well this gives the Oppo a good chance to KPKB about the folly of increasing GST when the global and S’pore economy are weak, if not in recession (“Only cold spell coming, but not Winter,” says Heng). But will they do it? I have my doubts.

I’ll end with:

Countering PAP’s BS that taxes must go up

Welfarism the PAP way/ The last word on GST

which show that really the PAP govt doesn’t need the GST to fund future welfare spending.

 

 

PAP is like one armed swordsman

In Economy, Public Administration on 25/09/2019 at 6:10 pm

Or like a polo team or a golfer with good handicaps: giving away big handicaps but still winning big time all the time.

Let me explain. The PAP is going to into a general election with public transport rises in the offing*, the economy in recession and still not changing its mind on raising GST next yr at the earliest.

S’pore is forecast to dip into a recession (two quarters of -ve growth) in the current quarter ending Sept 30, say economists at Oxford Economics.

The economy is the worst hit in region amid spillovers from the US-China trade war, slower Chinese domestic demand and a downturn in the global electronics cycle, according to the latest ICAEW report published last Thursday.

Trade-dependent economies such as us, Indonesia, the Philippines and Thailand have been the most vulnerable to the ongoing global economic uncertainties.

We, in particular, has been the worst hit in the region. The affluent city-state saw its GDP contracting 3.3% q-on-q in 2Q19, while the other three countries have been growing below potential growth.


“Only cold spell coming, but not Winter,” says Heng

————————————————————————-

Meanwhile, M’sia (Dr M’s Chinese running dog fix the data?)and Vietnam have outperformed the region, with a modest deceleration in export growth and resilient domestic demand. Vietnam has been a key beneficiary of the trade diversion from the trade war, and is forecast to grow 6.7% this year.

In How PAP can win 65% plus of the vote, I pointed out that postponing the GST rise is the best to ensure a 65%+ share of the popular vote for the 4G leaders. But so far there’s no indication of this happening.

Yet it’s sure to win at least 62% of the popular vote and might even reduce Oppo to only Hougang: PAP confident of winning back Aljunied. Dr Tan Cheng Bock will only become a NCMP for all his efforts.

So it’s like one armed swordsman, a high goal polo team or a great golfer: can give Oppo a lot of chance and still thrash the likes of Mad Dog, Lim Tean and Meng Seng.

The PAP sure is confident that its bribes goodies will win it at least 62% of the popular vote. Fyi, in PAP fighting for every last vote, I list most of the goodies. More on the goodies tom.

Vote wisely.


*Someone on FB posted this

“Fare hike before GE so vote PAP out. No fare hike is election gimmick so vote PAP out.”

“PAP make mistake must be fabricated so vote PAP. PAP rectified mistake so vote PAP.”

 

 

 

MU: The real tragedy

In Footie on 25/09/2019 at 7:41 am

Not that the MU has had a terrible and difficult start to the season: losing two of its first six matches in the league and has already fallen 10 points behind leaders Liverpool. (Btw, can’t stop laughing that executive vice-chairman Ed Woodward said the primary focus was “winning trophies”, after it posted record annual revenues over the 2018-2019 season despite the team’s recent travails.)

The tragedy for the controlling shareholder is that MU predicted yesterday revenues would fall during this season for the first time in more than a decade, with chronic underperformance on the pitch limiting the future growth of its business.

The Palestinians and other Muslims are no doubt cheering MU’s current failures on the pitch because the controlling shareholder donates to Zionist causes in Israel and Palestine. If it fails to do well, he’ll have less money to donate.

Wonder what MU’s Muslim fans think? If it has any.

Brownfacegate: Fake indignation?

In Uncategorized on 24/09/2019 at 10:10 am

The BBC headline “Canada’s Justin Trudeau cannot say how often he wore blackface”* reminded of the time when Mad Dog put kiwi on his face and the anti-PAP cybernuts and ang moh tua kees juz looked the other way. But when organisations connected with the PAP had an actor do something similar, there was KPKBing.

Any real difference between Mad Dog’s face (below) and David Chew’s face (further below) when he got into trouble imitating an Indian? (Pix from Blackface Chee/ Tan Cheng Bock etc.). Note David Chew’s “Indian” skin tone is a a lot light than that of Mad Dog’s. And truth be said, lighter than that the two real Indians in the photo. Mad Dog was really brownfacing: to show solidarity with the two leading Indian oppo leaders?

So why didn’t the Nairs and their fellow cybernuts, and the ang moh tua kees KPKB earlier about what Dr Chee was doing? Could it be because David Chew was fronting a national project that involved organisations connected with the PAP govt, while Mad Dog is a hero for those who hate the PAP? Or maybe since Chee’s complexion was so dark, it amounted to “blackface”, not “brownface”, something I originally suggested.

More reason then for the minister to bite off the Nairs asses: Brownfacegate: Did you know Shanmugam also said this?

Btw, Indonesian riots prove minister’s point on zero tolerance of racist remarks?

And this Indian lady didn’t think the ad was brownface: Indian lady takes issue with charge that Nets ad was “brownface”.

All in all, it’s reasonable to conclude the Nairs and their allies were faking indignation. If there hero can do it, why can’t David Chew?


*He is probably the most politically correct political leader in power today, and the anti-Trump for Western progressives and the ang moh tua kees here who mindlessly ape them . So when no fewer than three images of him wearing blackface as a younger man surfaced, they and he have a big problem.

 

 

PR the Trump, US military way

In Uncategorized on 24/09/2019 at 4:13 am

There were fears thousands could storm Area 51 on Friday after a Facebook event urged people to raid the base.

The deleted tweet – by a PR arm of the US military, DVIDS – showed a photo of a stealth bomber, stating it would be the last thing raiders would see.

On Saturday the unit apologised, tweeting that an employee of its DVIDSHub account posted a tweet that “in NO WAY supports the stance of the Department of Defence. It was inappropriate and we apologise for this mistake.”

Haze: Clearing land without burning is very expensive

In Environment, Indonesia on 23/09/2019 at 11:26 am

Yesterday, the haze got worse. It was also the day I read an article in the Economist. Sharing what it wrote.

It just makes financial sense to clear land by burning it (Me rather than Economist):

Preparing land for plantations without using fire costs around [US]$300-400 a hectare, says Herry Purnomo of the Centre for International Forestry Research, which is based in Indonesia, whereas burning costs [US]$30.

https://www.economist.com/asia/2019/09/19/burning-forests-are-blackening-the-skies-of-south-east-asia

Btw, got to add to US$30, the cost of bribes:

In theory, using fire to do this is illegal, but the local officials who should stop it are easily bought off.

Clearing land by other means is juz dumb human thinking at work, Mr Spock would say (My tot: not Economist’s).

And that’s not all. Indonesian govt helps make cost of burning lower. The Indonesia govt doesn’t bother to collect fines it imposes on burners:

as of February, some [US]$220m in fines owed by plantation companies involved in past fires remained unpaid.

Because so cheap, so no wonder

In one district, according to Doni Monardo of the National Disaster Mitigation Agency, 80% of the fires appear to be intended to convert forest into palm-oil plantations.

Loos like nothing changed from 2015: Indon false pride and BS.

And btw, lol, Haze: PAP govt cares, they really do. So vote wisely especially if you are thinking of voting for Lim Tean’s gang.

He wants us to go to war with Indonesia. He wants us to deal directly with the Riau authorities. Indonesian govt would rightly see this as an infringement of its sovereignty. But then Lim Tean like this:n Whatever happened to Lim Tean’s defamation video? And his jobs rally? To be fair, sometime in early 2019, he delivered his video. It was BS and more than two yrs late.

“Pull the other leg Heng, it’s got bells on it”

In Uncategorized on 22/09/2019 at 5:41 am

I couldn’t stop laughing:

Singapore must address widening inequality, a growing intergenerational divide and deepening political polarisation so its people can weather global challenges together, said Deputy Prime Minister Heng Swee Keat on Friday (Sep 20).

These are issues which societies around the world face, and even though Singapore has “so far been spared the full force of these challenges”, the country is not immune to them, Mr Heng warned.

Read more at https://www.channelnewsasia.com/news/singapore/heng-swee-keat-singapore-summit-social-compact-inequality-11928276

I hope the SDP (I’m sure they will, because Dr Paul is a really smart boy from RI, unlike that Mad Dog from ACS) will come up with a riposte along the following lines:

WTF.

The PAP has been in power since 1957. And have always stressed that they, especially the ministers, are long term planners, who deserve their billions millions.

So we should have avoided growing intergenerational divide and deepening political polarisation that wannabe PM Heng is talking about. The long term planning of the millionaire ministers under the divine tutelage of one Harry Lee  should have seen to that since S’poreans have given the PAP the Mandate of Heaven since 1957.

Long-term planning? What long-term planning?

Competency? What competency?

The Truth from someone who sadly and misguidedly calls our Supreme Beloved Leader, Mad Dog Chee:

Economic restructuring: This time, it’s really different

Missed smartphone boom, planners thinking about 2025

Is PAP in “decline and disintegration”?

 

Haze: PAP govt cares, they really do

In Environment, Public Administration on 21/09/2019 at 9:41 am

Singapore – with a population of less than six million – reportedly has a national stockpile of 16 million disposable masks

https://www.bbc.com/news/world-asia-49737216

Vote wisely.

No reason for “P” (where “P” stands for “Politician”) Ravi to stir the pot like he did yrs ago when there was a really bad spell of haze and he kanna whacked real hard: P Ravi’s reposting: What the govt should have done.

Btw, PAP missed a trick. P Ravi shows how PAP govt policies when he was young helped him: The real Ravi Superhero.

Infamous Nairs sure to say “F*** Chinese” again?

In Uncategorized on 20/09/2019 at 1:50 pm

I’m sure Preetipls and her rapper brudder will be upset with one of the recommendations (words highlighted in blue) on physical activities made by the UK’s chief medical officers. They are easily upset by perceived racial slurs: Indian lady takes issue with charge that Nets ad was “brownface”.

Related post: Brownfacegate: Did you know Shanmugam also said this?

For over-65s

  • some physical activity is better than none
  • on two days a week, activity to improve muscle strength, balance and flexibility, including Tai Chi, dance, bowls and aqua-aerobics
  • each week, 150 minutes of moderate-intensity aerobic activity, building up gradually
  • break up prolonged periods of being sedentary with light activity when possible, at least with standing

https://www.bbc.com/news/health-49609597?intlink_from_url=https://www.bbc.com/news/health&link_location=live-reporting-story

Thinking out loud: maybe they are juz members of the “Indians tua kee, the other races juz don’t realise it” movement?

 

More stupid stuff from “Wake Up, S’pore”

In Uncategorized on 19/09/2019 at 11:22 am

Further to With enemy like this, any wonder if PAP will win big in GE 2019, no wonder PAP wins big always with really dumb people trying to talk cock, sing song.

That yr PAP won 75.3% of the popular vote. So in citing the 88% number, these clowns are saying that they voted for him alone, not the PAP? Now that is stupid.

And do they know his opponent was from the Democratic Progressive Party. Ever heard of this party: another bunch of injun chiefs without injuns? Benjamin Pwee resigned as leader to join the SDP recently.

Dr Tan’s near victory in PE is a better test of his popularity. Tan Kin Lian (manipulated by Goh Meng Seng) and Tan Jee Say fixed him : opportunists three.

The real reason why the PAP fears Dr Tan Cheng Bock

I’ll end by quoting what these clowns put up the day before yesterday:

Wake Up, Singapore is 6! Founded in September 2013, we have been active in shaping the political scene. We are a community of young activists looking to bring alternative voices to the major issues in Singapore and around the world. We are also advocates for reform and social justice and we often delve into controversial topics the mainstream media is afraid of telling. If you believe in this vision, like and share our content and help us reach 100k likes!
www.wakeupsg.com

Some cybernut said that they survived is good enough.

Ever tot with the stuff that they pot up, the PAP is happy to have them as enemies? Like it’s happy to have Meng Seng and Tan Kin Lian as oppo noise.

Helium: ‘Prices just keep going up and up’

In Uncategorized on 19/09/2019 at 4:15 am

Prices for helium gas have surged because there’s a global shortage of the gas.

A UK seller of party balloons tells the BBC that  the cost of the helium he buys has risen three times this year, between 8% and 10% each time.

The gas is also essential in medicine, electronics and deep-sea diving.

For example, it’s crucial in the magnetic resonance imaging (MRI) scans that doctors use to get detailed images from inside patients.

It’s also important in deep sea diving and in scientific research, as well as for the production of computer chips and liquid crystal displays such as TV screens.

https://www.bbc.com/news/business-49715838

Fairprice cares, it really does

In Uncategorized on 18/09/2019 at 11:05 am

Either that or maybe PAP now thinks that it has not got 65% of the votes in the bag? (Why PAP aiming for 65% of the popular vote)

Yesterday late morning, I posted NTUC Fairprice: Cock-up or no more discounted lunches?, speculating that maybe Fairprice was trying hard not to give Pioneer Gen members like my mum, the benefit of a 5% rebate. Despite being told in mid August that a Fairprice card would be sent, nothing had yet come.

Well, this early this morning when I opened the mail that came late yesterday evening, there was a Fairprice card. The question remains: Why wasn’t it mailed out before 1 August when NTUC stopped allowing the use of ics to verify its membership cards?

 

Apple v Samsung v Huawei

In Uncategorized on 18/09/2019 at 4:02 am

Apple is upmarket

A survey in US of slightly more than 10,000 consumers said

10 per cent of consumers in the market for a new iPhone were willing to pay $2,000 for a top-range model. A quarter were willing to pay more than $1,800.

Huawei is cheap and cheerful and has in the last few yrs overtaken Samsung.

Samsung is stuck in between. Neither an aspirational brand, nor a cheap, cheerful brand.  And btw, it’s QC sucks: And Samsung wants to sell folding phones?.

Maybe because its phones are made in Vietnam: Vietnam: Where yr Samsung HP comes from?

NTUC Fairprice: Cock-up or no more discounted lunches?

In Uncategorized on 17/09/2019 at 11:10 am

(Update at 10.40am on 18 Sept: Card arrived yesterday evening. Someone read the post and sent card ASAP LOL)

Fairprice’s plan to charge for plastic bags (see below) reminded me of a really dumb Fairprice move recently that affects elderly S’porean members who are not union members.

My mum who is in her 90s was told that she could not use her Fairprice co-op membership card (5% discount payable at the end of the yr) because Fairprice can no longer scan her ic because of data protection laws. She was told to get an OCBC NTUC debit card.

Getting that card is not an issue because she has accounts with OCBC. Problem I realised was that that card was only issued to NTUC members which she is not. (Once upon a time, S’poreans could join Fairprice, a co-op, without being NTUC members. My mum was a pioneer member and btw just sighted her ownership certificate while doing housekeeping.)

When I was at a major Fairprice outlet, I went to the info counter to enquire about the matter. After a really painful conversation (Partly because the Pinoy lady was in real pain: I told her to see doctor. She replied that she had just returned from the clinic.), I was given a number to ring.

I called and was told that a special card would be posted to her identifying her to checkout staff as a Fairprice co-op member. It’s been three weeks, still no card, and I threw away the telphone number. As the lady couldn’t answer my query why the card was not sent to her before 1 August (date NTUC stopped scanning ics), I can now only assume the cards are not ready yet. Will they be ready by GE?

Why this when it’s trying real hard to keep S’poreans (especially the oldies) happy with the PAP? Examples:

Merdeka Generation: PAP cares for u, really they do

Groceries: PAP cares for u, really they do

Maybe PAP thinks that it has 65% of the votes in the bag? ( Why PAP aiming for 65% of the popular vote)

Or maybe because Seah Kian Peng took his eye off the ball. He juz got promoted and someone made “an honest mistake” depriving members of a 5% rebate without his knowledge.

For Pioneer G and Merdeka Gen Fairprice members, they can get up to 8% off . But maybe taz the problem. PAP and Fairprice think these people are getting close to free lunches, shumething only meant for millionaire ministers and NTUC tua kees?

Vote wisely.

———————————————————————————-

From Sept. 16, shoppers should bring their own reusable bag, or be prepared to pay extra for plastic bags at some FairPrice and Cheers outlets. in a month-long trial.

  • FairPrice Xtra at Hougang One
  • FairPrice Finest at Zhongshan Park
  • FairPrice at Tai Seng
  • FairPrice Xpress at 384 Lorong Chuan
  • Cheers at 1 Create Way
  • Cheers at 1 Anchorvale Street
  • Cheers at 611 Aljunied Road

This “No Plastic Bag” trial is part of FairPrice’s Plastic Bag Management Programme launched in 2018, which aims to save 30 million plastic bags annually by 2030.

Along with the announcement of the trial, FairPrice also launched a S$1 million FairPrice Sustainability Fund.

Plastic bags remain available for use at S$0.10 per transaction at the selected Cheers and FairPrice Xpress stores, and at S$0.20 per transaction at the other participating FairPrice stores.

The proceeds will go to the Singapore Children’s Society and the Straits Times School Pocket Money Fund, FairPrice said in the media release.

There was a better scheme once upon a time:

Guess u don’t bring yr own bag to NTUC to save the planet and money.🤣 I do and “The FairPrice Green Rewards scheme, which was introduced in 2007, offers customers a 10-cent rebate when customers BYOB with a minimum spend of $10.”😜

Ang moh tua kee doesn’t shop at NTUC

I once bot stuff, telling the gal I didn’t want a bag. But as the stuff came to $9.60, she asked if I wanted a bag. I laughed saying “No”.

 

 

 

 

Higher oil prices and regional economies

In Currencies, Economy on 17/09/2019 at 4:11 am

Regional currencies will weaken again US$. Trump will not be happy.

The probability or possibility (?) of weaker economic activity due to stronger prices oil should mean that our central bank is likely to allow the S$ to weaken. Meanwhile, central banks such as those in South Korea and Thailand are more likely to cut interest rates, weakening their currencies, analysts pointed out.

Analysts at Citi said because of Indonesia and India’s current account deficits and reliance on crude imports, the currencies of Indonesia and India were among those most exposed to oil shocks,

HK: Trumpets pls/ Next prediction

In China, Hong Kong on 16/09/2019 at 7:25 am

I got this right.

Last week, in HK: Who Beijing really blames for the protests and riots, I wrote

Morocco Mole (Secret Squirrel’s side-kick) says that his second cousin twice removed in the CCP Central Committee says that Xi is planning to make these tycoons make big public donations (billions of dollars) to the HK govt which will use the money to do things like build cheap (not “affordable”) public housing. Remember you read of this first here.

On Saturday, the People’s Daily (China’s ST) demanded that the HK tycoons show their sincerity instead of “hoarding land for profit and earning every last penny”. All in all, there were separate editorials in three major constructive, nation-building state-owned media outlets attacking the property tycoons. They all suggested that HK authorities seize undeveloped land and use it to build more housing. Fyi, they are so powerful that the HK govt was planning to reclaim land from the sea to build public housing on, because the tycoons did not want building on vacant land state land.

My next prediction is that before 1 October, the tycoons will make a huge gesture and, for them expensive, on cheap housing to placate Beijing and, hopefully, the protesters. Remember that 1st October is an important date in Xi’s calender.

On that day, Beijing will be hoping to project an image of national strength and unity with a military parade through the city to mark 70 years since the founding of the People’s Republic of China.

https://edition.cnn.com/2019/09/14/asia/china-hong-kong-october-1-intl-hnk/index.html

And the HK protesters are planning a big do to spoil Xi’s big day in Beijing. They aim to grab the attention of the ang moh media who live by “If it bleeds, it leads”, preferring to showing scenes of violence rather than boring march-pasts of of tanks and missiles.

————————–

Financial aspects of protests

Attempt to bring down HK’s financial system fails: yet again

Why HSBC is really Hongkong Bank

Tourism is 40% down because mainlanders are not coming and Swiss cos are affected.

————————————————————-

Meanwhile, both sides are aware of the 800-pound gorilla in the room: US Cavalry riding to rescue HK from chief Xi?

Finally, Who is the superhero of protestors and short-sellers?

Case for “moral policing”

In Uncategorized on 15/09/2019 at 2:00 pm

Ezekiel Mutua, the chief executive of the Kenya Film Classification Board (KFCB)

censors films, songs, and television adverts which feature sexualised content and same-sex relationships.

BBC

He doesn’t like being called censor but is happy being called a “moral policeman”

[T]he former journalist, who is a devout Christian, objects to being called a censor.

“Censorship connotes some dictatorial and colonial tendencies,” Mr Mutua says.

He is more comfortable with the moniker “moral policeman”, though it took him a while to embrace it.

unrepentant about his decisions, saying children are given “weird” perceptions of life by people who “introduce things that are foreign to Kenya’s culture and undermine the family unit by saying a man and another man can form a family”.

He argues that central to his work is the protection of children from harmful content such as nudity, foul language, obscenity and violence.

https://www.bbc.com/news/world-africa-46371971?intlink_from_url=&link_location=live-reporting-story

(Emphasis mine)

Indons thrash us, Viet Kong catching up

In Indonesia, Vietnam on 15/09/2019 at 10:46 am

Where’s M’sia and Thailand?

Two diet drinks a day = dying young

In Media, Uncategorized on 14/09/2019 at 1:38 pm

Recently, a health story about fizzy drinks was widely shared online in the UK.

Some of the newspapers went big with a study – which claimed two diet drinks a day could be linked to people dying young. These papers – including the Daily Mail – report on a major study linking diet drinks with an increased risk of dying early.

The research, which looked at more than 450,000 people across Europe, found that death rates from any cause were 26% higher among people who consumed two or more diet drinks a day, compared with those who had less than one a month.

The reasons are unclear, but previous studies have suggested that artificial sweeteners can trigger glucose intolerance and higher insulin levels in the blood.

The truth is more nuanced

https://www.bbc.com/news/newsbeat-49579380

M’sia boleh: Growing bamboo on Mars

In Malaysia on 14/09/2019 at 10:38 am

According to Dezeen, an architecture and design magazine, M’sian designers Warith Zaki and Amir Amzar have designed a “colony” made from bamboo that would be grown on Mars and woven into pod-like structures by robots..

“Bamboo alone might not work in the extreme climate conditions on Mars, but with a combination of technology and other materials, there would be possibilities,” they said.

What Tun planning to go one up on Xi (Chink on the moon) and Modhi (Soft landing on the moon) with a mission to Mars that will seed the planet with bamboo shoots?

HK: Who Beijing really blames for the protests and riots

In China, Hong Kong on 13/09/2019 at 3:04 pm

Chinese officials and their running dogs have publicly blamed the West (CIA. MI6, etc etc) for instigating the ang moh tua kee Hongkies.

The int’l press meanwhile have been highlighting that the local tycoons had been assuring Beijing that all was well: focusing on the big picture economic numbers and gliding over or misrepresenting awkward data like the declining affordability of housing*. They also reported that Beijing officials were privately grumbling about being misled by local tycoons.

So it was interesting that when the Economist and the NYT recently interviewed Ren Zhengfei, Huawei’s founder: he said he thinks that Honkie tycoons were “too greedy”

Asked about the unrest in Hong Kong, the Huawei boss voices aloud a criticism that other members of the mainland elite normally voice in private: that the tycoons who dominate the former British colony have been too greedy over the years. “The issue in Hong Kong has been caused by extreme capitalism. The four major families have made enormous amounts of money,” he says, detailing how the same few property magnates control the economy down to its humblest newspaper kiosks and coffee shops. “A lesson we are learning from the current situation in Hong Kong is that the divide between the rich and poor shouldn’t be too large,” he says.

https://www.economist.com/china/2019/09/12/huaweis-founder-defends-deng-xiaopings-chinese-model

Morocco Mole (Secret Squirrel’s side-kick) says that his second cousin twice removed in the CCP Central Committee says that Xi is planning to make these tycoons make big public donations (billions of dollars) to the HK govt which will use the money to do things like build cheap (not “affordable”) public housing. Remember you read of this first here.


*Bit like grassroot leaders telling PM and his millionaire ministers that the grumblings of people like me between 2007 and the calling of GE 2011 was “juz noise” and didn’t reflect reality: voters were happy with the PAP. As PM admitted, he and his ministers realised the truth during the campaigning and he apologised: BG Yeo wants to lead Opposition within the PAP?.

Election manifesto of Spastics League?

In Uncategorized on 13/09/2019 at 10:59 am

Many moons ago, I wrote My predictions about Spastics’ League, predicting that Mad Dog’s attempts to manipulate Dr Tan Cheng Bock to unite the SDP and a bunch of injun chiefs without injuns (Think Lim Tean, Meng Seng, Desmond Lim, s/o JBJ and that ex-convict whose name eludes me) into a credible Oppo coalition was bound to fail. Wasn’t I right? Trumpets please. Oh, I also wrote False Hopes: Coalition of the Spastics.

Well, recently I read in TRE the following which I commend to Mad Dog as the manifesto on which his Coalition of the Spastics should fight the next GE.

What do you think?

In lieu of a coalition of opposition parties

As the GE is well nigh upon us but no coalition of the opposition parties seems to be in sight, let me propose a solution.

I will list here below what I feel are nine important policies that voters want.

I propose that opposition party leaders:
– sign on to at least six of them,
–declare which they are signing on to, and
–promise to form a coalition government with all other opposition parties that also sign on to at least six of these policies.

To be implemented in the first 100 days of a new coalition government, these policies are as follows:

1) All HDB flats will be turned into freehold assets.
2) All CPF monies will be withdrawable at or after the age of 55 years.
3) All citizens will have free public transport on MRT, LRT, and buses.
4) All citizens will have free medical care under a National Health System.
5) All citizens will have a guaranteed minimum wage.
6) All citizens will pay no GST.
7) All ministers and all civil servants will have salaries that cannot exceed $300,000.00 a year.
8) All vehicles will no longer require COEs.
9) All GRCs will be disbanded in favour of only SMCs by the following GE.

Andy Hur

Even a hardcore cybernut Harder Truths posted

I also want a free trip to Disneyland. Also a house in Nassim Road.
Before you promise all this tell me how it can be done please.

Sensible chap opposition dude      

Getting the opposition parties to agree to certain issues like the cost of living and the number of aliens being let in is easy, the hard part is getting them all to agree on how these issues should be tackled.

Party A might want to do things a certain way and party B another way. A and B don’t agree with each other so therefore no coalition. And WP does not want to be buddies with anyone else so that is another problem.

Now suppose SDP and PSP really do form a coalition and they are successful in being voted in. They might, in the long term, get other opposition parties to join their coalition and continue on from there.

The best solution now is for a strong enough opposition to challenge PAP for half the seats so as to at least force PAP into a coalition government. The kiasees definitely would prefer another party to run the place rather than a coalition because to them, a coalition always has the chance of being split up should they not agree.

Problem is that there are so many wannabe MPs (Think P Ravi, Lim Tean, Goh Meng Seng, Tan Kin Lian etc etc.) Going by the chop system Lim Tean will have no wear to piss. Even if all the seats are contested, not all the known spastics can stand. And Lim Tean will not be able to contest if Tan Jee Say’s gang decides to fight in all the areas they last contested. Remember you first heard this first

Btw, I don’t think Dr Tan Cheng Bock and his dwarfs will have a problem finding a GRC to contest despite the chop system. The injunless injun chiefs won’t dare deny him a GRC to contest. They know in a three way fight, they’ll lose their deposits. But in turn, he knows, he can’t compete in areas where the SDP and WP have marked out.

As to only testing half the seats, in 1991 this only happened because Saint JBJ couldn’t find another bicycle thief or another ex-Woodbridge patient to stand.

With enemy like this, any wonder if PAP will win big in GE 2019

In Uncategorized on 12/09/2019 at 10:40 am

First world country, third world election system.
http://www.wakeupsg.com
source: http://www.fundalib.org/wp-content/uploads/2018/01/IMLE2018.pdf

Wake Up, Singapore (A very anti-PAP group)

“Pull the other one – it’s got bells on”.

Can’t stop laughing because in Afghanistan and Iraq people get killed attending political rallies or when voting. These guys saying that this happens here?

Don’t they ever stop and think?

Oh wait, they really think people get killed here but that it’s not reported by TOC, the Voice of the Cybernuts and their favourite publication.

That then raises the question why their organ is so pro-PAP in not reporting the killings?

Seriously anti-PAP paper warriors and real-life acxtivists sure like to “Ownself sabo ownself”.

Don’t believe me? Read

“Antics Of Civil Society Activists Endanger Opposition Cause”

Where’s yr defamation video and jobs rally Lim Tean?

TJS should listen to the Toilet Man

Why the PM doesn’t need friends

Anti-PAPpies want Kim to nuke S’pore isit?

GG crashes: new Indian chief needed?

Meng Seng: fake news propogator

“Licking the ass of the enemy of my enemy”

Nuff said? With enemies like these guys, the PAP will rule S’pore for ever and a day.

Vote wisely.

Eat yr heart out, HK doomsters, hedgies

In China, Hong Kong on 12/09/2019 at 4:11 am

The Chinese are buying HK shares. Better still state-owned cos are suspected to be doing much of the buying at the behest of Xi.

Since the start of the year, net purchases of Hong Kong stocks by mainland Chinese investors had reached almost HK$160bn ($20bn) by the close of the market last Friday. This is almost double net inflows of HK$82.7bn for all of 2018. The buying was made through stock connect programmes of the Shanghai and Shenzhen stock exchanges.

Related posts:

Attempt to bring down HK’s financial system fails: yet again

Hedgies con trick unravels

US Cavalry riding to rescue HK from chief Xi?

In China, Hong Kong on 11/09/2019 at 10:37 am

Or to be a lot more accurate, will the US Congress pass “Hong Kong Human Rights and Democracy Act”?

The proposed bill would allow the US government to place sanctions on Chinese officials who “suppress basic freedoms” in Hong Kong and would require it to regularly certify the city’s “high degree of autonomy” in order for it to continue to enjoy preferential trade and investment policies not available to mainland China.

Last weekend, there was the usual massive peaceful protest followed by small scale but very violent riots. HK protesters were marching, asking the US congress to pass the above act. Many of the marchers, from elderly retirees, young families and students, carried US flags, or placards bearing the face of Donald Trump to call on the him to support them.

————————————————————————————–

How Hongkies justify flying US flag

The US flag is about freedom and bravery,” said one, a 30-year-old who gave his name as Peter. “It’s not about supporting the US government, it’s about the value behind the flag no matter who the US president is at the time. The flag and the freedom doesn’t change.

Quote from FT

Tun manufacturing another row to stir his anti-PAP S’porean fans?

Btw, carrying placards with The Donald’s face on them is a smart way of currying his favour. He can tell Xi, “I’m more popular then you in Hong Kong.”

—————————————————————-

The US Congress will return this week after its summer recess. The Hong Kong bill has widespread bipartisan support.

China’s leaders must either respect Hong Kong’s autonomy and rule of law or know that their escalating aggression will inexorably lead them to face swift, severe and lasting consequences from the United States and the world. Today, that choice is theirs.”

Marco Rubio, a former US presidential candidate and co-sponsor of the bill.

Another example of the Americans’ attitude: Americans and Chinese lay down the law to HK

 

 

 

 

 

Good news for S’pore, PAP

In Economy on 10/09/2019 at 1:33 pm

No wonder the PAP will be calling a GE soon (Btw, trumpets pls: Written last yr saying GE in late 2019 – Akan datang: GE in late 2019 and Double confirm GE in 2019: Free lunches for two yrs for KPKBing hawkers)

The recent news that Dell and HP sales were lifted by PC sales is also good news for us and the PAP given that we are part of the Microsoft ecosystem (Missed smartphone boom, planners thinking about 2025 and When economy slows, not nec it’s ’cause FT supply ltd) not the Apple Apple/ Google  ecosystem: S’pore not part of Apple’s ecosystem.

Last week Dell’s latest quarter was boosted by strong sales of laptop and desktop computers, driving profits beyond expectations PC business posted record second-quarter revenue of U$11.7bn, a 6% gain year-over-year, as strength in sales to businesses offset weaker revenue for the consumer side.

The week before Rival HP also reported amid commercial demand. HP’s personal systems net revenue rose 3 per cent during the company’s fiscal third quarter, while total units grew 5%.

Btw: Impt of electronics to S’pore and rest of Asean

 

Tun manufacturing another row to stir his anti-PAP S’porean fans?

In Malaysia on 09/09/2019 at 2:51 pm

And distract M’sians from local problems? Like the haze, cabinet infighting and ebbing support from Malays for his personal party?

Tun and his Chinese lackey discriminating against us to cause trouble between the countries and among S’poreans isit? Why liddat? They know people like Goh Meng Seng and Terry (Or rather one of his India-based writers) of Terry”s Online Channel sure to take side of M’sia whatever the facts: What Meng Seng and TOC don’t tell us about dispute with Tun and “Licking the ass of the enemy of my enemy”.

As will PJ Thum, Kirsten Han and Jolovan Wham (Nothing wrong in asking Tun M to intervene in S’porean affairs)


How Hongkies justify flying US flag

PJ, Kirsten Jovolan and Meng Seng can use this reasoning to wave M’sia’s flag and support Tun

The US flag is about freedom and bravery,” said one, a 30-year-old who gave his name as Peter. “It’s not about supporting the US government, it’s about the value behind the flag no matter who the US president is at the time. The flag and the freedom doesn’t change.

Quote from FT

They can ignore that that there official discrimination of Chinese and Indians in M’sia.

————————————————————

Waz the latest row all about?

Our transport ministry will “consider the appropriate response” if M’sia applies its Vehicle Entry Permit (VEP) requirement only on Singapore-registered vehicles, MOT said last Friday.

In April, M’sia announced that all foreign vehicle owners coming into the country through land borders will have to register for a VEP starting October. Only VEP-registered vehicles will be allowed entry into M’sia.

The VEP would be implemented in stages, starting with vehicles entering from S’pore through Bangunan Sultan Iskandar and Kompleks Sultan Abu Bakar, Johor. Fair enough as most of this traffic from other countries is from S’pore.

The second and third phases will eventually include all land borders connecting Thailand, Brunei and Indonesia to M’sia. Fair enough because there’s minimal traffic from these countries.

But last Monday, Tun’s Chinese running dog from the DAP Transport Minister Anthony Loke was quoted by Sin Chew Jit Poh as saying that his ministry was still studying how to implement the VEP at these other borders.

Sounds like we are being discriminated against.

It is not clear from Mr Loke’s latest comments whether the VEP will be implemented at the land borders with Thailand, Indonesia and Brunei, and how much later, said MOT.

“If Malaysia’s VEP requirement is only applied on Singapore-registered vehicles, we will consider the appropriate response,” MOT said in its statement.

Read more at https://www.channelnewsasia.com/news/singapore/malaysia-vep-requirement-travel-singapore-vehicles-checkpoints-11880714

 

Media Literacy Council? What Media Literacy Council?

In Media on 08/09/2019 at 4:44 pm

Update on 9 Sept 4.45am and 5.50am:

MLC raises white flag by deleting BS infographic, but refuses to admit it made an “honest mistake”. It implying that it made a “dishonest mistake” i.e. it published fake news.

The Media Literacy Council (MLC) has apologised for a Facebook post featuring a graphic that described satire as a type of fake news and got netizens up in arms for being fake news itself.

ST

This really BS

In a statement on Sunday, the MLC said it acknowledged that its post and infographic had given the wrong impression that satire was fake news, which was not the intent.

“We are sorry for the confusion and will review our material,” it added.

“The wrong impression”? “What wrong impression”? The heading of the infographic was “Types of Fake News”.

Note the infographic was put up on Thursday and only removed sometime on Sunday. And minister Shan emphasised the need for speed to remove fake news when he defended the draconian measures in POFMA.

Post published before the latest BS follows.

——————————————————

More like Media Illiteracy Council

I kid u not. The Media Literacy Council calls ‘Clickbait’ and ‘Satire’ types of Fake News.

This is a complete balls-by the MLC. Even after reading their attempt to explain (See below). The very draconian fake news law (POFMA) specifically excludes satire.

Other balls-op over the yrs:

Media Literacy Council doesn’t think words matter?

Why MLC has to talk about Calvin

“Hate speech”: MLC chair ignores judge’s comments

Media Literacy Council doesn’t think words matter?


Calvin Cheng is no dickhead

Btw, while most of the above links might be seen as me not having a high opinion of Calvin Cheng, actually, he can be sensible. LOL.

Where I agree with him.

Fake news the TOC way/ History is very complicated

HIV data leak: Calvin Cheng is right again

Kee Chiu Cybernuts who want to migrate to Bangladesh

When being a minister turns from a calling into a job for life

————————————————

The following was added on Monday at 11.30am so that MLC’s readers are aware of MLC’s initial defence:

In a Friday night comment … the MLC said it understood concerns regarding including satire as fake news in relation to Pofma.

It explained that while Pofma defines a falsehood as a statement of fact that is false or misleading and does not extend to opinions, criticisms, satire or parody, the examples in the kit represent other possible scenarios in which Fake News can be spread.

These include clickbait articles that make exaggerated claims, or instances of people being fooled by a satirical article in which the irony or humour is not readily apparent, said MLC.

ST

Bot I ask again so why title the infographic: “Types of Fake News”? A “dishonest mistake” to misrepresent?

“Clickbait” and “Satire” should have been classified as “Potential sources of fake news”.

Media Illiteracy Council rather than Media Literacy Council.

Go vegan, become stupid and die of stroke

In Uncategorized on 08/09/2019 at 11:06 am

Albeit got less chance of getting heart disease. Worth the trade off to be woke?

People who eat vegan or plant-based diets should ensure they are getting enough of a key, but little-known, brain nutrient, say experts.

https://www.bbc.com/news/health-49509504?intlink_from_url=https://www.bbc.com/news/health&link_location=live-reporting-story

And

People who eat vegan and vegetarian diets have a lower risk of heart disease and a higher risk of stroke, a major study suggests.

They had 10 fewer cases of heart disease and three more strokes per 1,000 people compared with the meat-eaters.

The research, published in the British Medical Journal, looked at 48,000 people for up to 18 years.

https://www.bbc.com/news/health-49579820

 

 

China, the copy cat

In China, Currencies on 08/09/2019 at 4:23 am

China’s central bank has been working on its very own crypto-currency, which is close to being unveiled.

What is interesting is that the Chinese are saying that it will bear a similarity to Facebook’s Libra virtual currency.

Consumers will be able to use it to pay for things on major mobile payment platforms like Alipay and WeChat, Mu Changchun, deputy director of the People’s Bank of China’s payments department told Reuters.

The aim is for the tokens of this crypto-current to be as safe as paper money issued by the central bank, and can be used even without an internet connection.

Facebook announced in June that it planned to launch its own global digital currency. Since then there has been KPKBing from regulators, bank chiefs and politicians. They are afraid it will be difficult to regulate.

Another example of Chinese copying. When I posted this, Sci-fi can help defeat the PAP?, a sci-fi fan said that the Chinese Sci-fi story mentioned was nothing more than a rip-off from an ang moh story. Sad.

Hedgies con trick unravels

In Financial competency on 07/09/2019 at 1:37 pm

Investors pull money from hedge funds at fastest pace since 2016

Rebound in returns this year has not stopped clients punishing managers for weak 2018

FT headline

“It is the best returns the industry has broadly seen in almost 10 years, but it is still below an equal-weighted equity and bond benchmark”, said Peter Laurelli, the head of research at eVestment.

 

Btw, HK Monetary Authority beat the crap of George Soros in 1998 after he screwed Tun: Attempt to bring down HK’s financial system fails: yet again

 

China: “Do unto others as you would have them do unto you”

In Indonesia, Vietnam on 07/09/2019 at 4:21 am

The United States should learn how to behave like a responsible global power and stop acting as a ‘school bully’. As the world’s only superpower, it needs to shoulder its due responsibility, and join other countries in making this world a better and more prosperous place. Only then can America become great again.

Chinese’s official Xinhua news agency said recently about the US imposition of more tariffs.

Bit rich of China to say this because the same could be said of China in its relations with Vietnam, the Philippines and Indonesia over its territorial disputes with these countries. Example: this is what happened when a Peenoy who loves licking Xi’s ass raised PinoyLand’s dispute with Xi

Duterte admitted on Wednesday, September 4, during a press conference in Malacañang that he fully expected Xi to reiterate their rejection of the arbitral ruling and he had no alternative strategy for such a scenario.

‘Yan ang problema nitong mga yawa na ito sige tanong, ‘Go to China’ ganon. Nandoon na nga ako ilang beses na eh. Baka sabihin pa ni Xi Jinping, ‘Putang ina sampalin kita. Ilang beses na kita sinagot? Sinabi ko na sa iyong amin ‘yan.’ Kasi kung ako tanungin mo, ganon ang sagutin kita,” said Duterte,

(That’s the problem with these foolish critics who keep saying, ‘Go to China.’ I was there many times already. Maybe Xi Jinping will say, ‘You son of a bitch, I’ll slap you. How many times have I answered you? I already said that sea is ours.’ Because if you ask me that question, that’s how I would answer you.)

Xi, according to Duterte, responded to his “reiteration” of the arbitral award by saying, “We will not budge.”

https://www.rappler.com/nation/239397-duterte-knew-raising-hague-ruling-west-philippine-sea-with-xi-futile

Sci-fi? U$20bn plan to power S’pore with Oz solar

In Energy, Indonesia, Infrastructure on 06/09/2019 at 1:27 pm

What is this Oz man smoking?

‘Just a matter of when’: the $20bn plan to power Singapore with Australian solar

The desert outside Tennant Creek, deep in the Northern Territory, is not the most obvious place to build and transmit Singapore’s future electricity supply … The developers say it will be able to provide one-fifth of the island city-state’s electricity needs, replacing its increasingly expensive gas-fired power …

Sun Cable’s chief executive, David Griffin, is bullish about the possibility of his company helping power Singapore from the outback in less than a decade.

He says the project will use prefabricated solar cells to capture “one of the best solar radiance reserves on the planet”. But he says the major transformation that makes the farm possible is the advent of high-voltage, direct-current submarine cable, which he describes as the “greatest unsung technology development”. Sun Cable’s underwater link to Singapore will run 3,800km.

“It is extraordinary technology that is going to change the flow of energy between countries. It is going to have profound implications and the extent of those implications hasn’t been widely identified,” Griffin says.

“If you have the transmission of electricity over very large distances between countries, then the flow of energy changes from liquid fuels – oil and LNG – to electrons. Ultimately, that’s a vastly more efficient way to transport energy. The incumbents just won’t be able to compete.”

Sun Cable’s backers believe Singapore, as a well-regulated electricity market that runs mostly on gas piped from Malaysia and Indonesia and shipped as LNG, is ripe for competition.

https://www.theguardian.com/environment/2019/jul/14/just-a-matter-of-when-the-20bn-plan-to-power-singapore-with-australian-solar?fbclid=IwAR0hyiT_gNgXdKpA2CeSweuQCyrpKyIPO6TINQcm4K4tfJnuMhyfNXfJLak

Coming back to “What is this Oz man smoking?” He’s smoking what TRE’s Oz-based funder and grave dancer, and his fellow anti-PAP cybernuts are smoking. Oxygen and the other cybernuts are shouting themselves hoarse that the Spastics’ League will defeat the PAP at the next GE.

But there’s still hope for Oxygen and his fellow cybernuts. After the PAP wins the next GE convincing: Sci-fi story predicts S’pore after next GE?. 

I’ll end with this which helps explain why cybernuts are the way they are:

Change blindness refers to the phenomenon in which viewers fail to detect (sometimes surprisingly dramatic) changes to a visual scene. One way of demonstrating this effect is through a procedure called a “flicker paradigm” in which two very similar scenes alternate, with a few discrepancies between them. Detecting changes in a flicker paradigm is such a surprisingly difficult task that when a team of psychologists led by Ronald Rensink first tried to publish research on the topic in the mid-90s, their results were initially rejected by peer reviewers as impossible. In other words, the fact people could be change blind was so counterintuitive that even visual scientists were inclined to doubt the reality of the phenomenon.

Today, change blindness is an established part of cognitive psychology. Scientists have even introduced the term change blindness blindness to refer to the fact that people tend to be ignorant of their change blindness.

https://atans1.wordpress.com/wp-admin/post.php?post=47371&action=edit

 

 

Russians need our maths syllabus

In Uncategorized on 06/09/2019 at 4:28 am

Several months ago, Russian police said they arrested 30 people out of the 350 people they said had come to protest in Moscow. Riot police arrested 685 people according to monitoring group OVD-Info. So more people arrested than protesters?

Someone can’t count isit?

Temasek’s US$800m investment in obscure Google unit

In Indonesia, Temasek on 05/09/2019 at 1:19 pm

In 2017, Verily secured U$800m from Temasek in exchange for a “minority stake” (Que the usual KPKBing from TOC and other cybernuts). Funny, they very quiet when earlier this year, Silver Lake (tua kee private equity tech investor) and Ontario Teachers’ Pension Plan (tua kee savvy investor) invested US$1bn for “minority stakes” in Verily.

What is Verily?

Verily is Alphabet Inc.’s research organization devoted to the study of life sciences. The organization was formerly a division of Google X, until August 10, 2015, when Sergey Brin announced that the organization would become an independent subsidiary of Alphabet Inc.

Wikipedia

It made $ in 2016: https://www.vox.com/2016/4/13/11586102/verily-alphabet-profitable. Nothing heard since then.

It is, often through partnerships with healthcare companies or universities, using health data for clues that might predict and prevent diseases. Tools it uses include search, AI, cloud services and other such high tech stuff.

 

With US cos like these, Xi can give Trump the finger

In China on 05/09/2019 at 4:02 am

Further to With Apple as a US co, USA doesn’t need enemies, here’s more on US cos who have decided to give Trump, and others who have serious concerns about China — congress, and the defence and security establishments — the bird. The Donald, congress and defence and security establishments think that China is the new USSR and must be contained.

But investments by US companies in China have grown this year despite the worsening trade row. Some American businesses want to benefit from China’s expanding consumer market.

US companies invested US$6.8bn into China in the first half of the year, up 1.5% from the average during the same period over the past two years, according to the Rhodium Group, a consultancy.

Most of the US$6.8bn

went into greenfield projects, such as electric vehicle maker Tesla’s factory in Shanghai, which will be the first wholly foreign-owned auto plant in China. Other large deals included US fund Bain Capital’s $570m investment in data centre provider Beijing Qinhuai.

FT

Btw, this data contradicts China’s official data but the FT says this data is more reliable

And btw2, late last week, The Donald said was ready to use emergency powers to compel US companies to stop doing business with Beijing. But according to the FT, US cos think he’s talking cock.

Here’s why US cos are prepared to put profits before patriotism:

US retailer Costco was forced to close early on its opening day in China, after the store was swamped with shoppers.

https://www.bbc.com/news/business-49492326

But Grandpa Xi has Chinese cos that are just as unpatriotic as American cos: With cos like these, China doesn’t need enemies like Trump

Attempt to bring down HK’s financial system fails: yet again

In Hong Kong on 04/09/2019 at 10:44 am

A wannabe leader (Intern in ang moh hedgie that is short HK and China?) in the protest movement tried to cause chaos in HK’s financial system, the FT reported.

A few weeks ago, a protester called for massed cash withdrawals and currency conversions into US$: to try to cause problems for local banks. The HK$ has been pegged to the US$ since the early 1980s, and the Hong Kong Monetary Authority allows it to move within a narrow trading band against the US$.

“Converting to a foreign currency (like the US dollar) also protects yourself, so if the currency peg goes pear-shaped you won’t be left holding Hong Kong dollars,” the person wrote. Despite photos appearing on social media showing large stacks of banknotes withdrawn by people, the HK$ finished trading only a little weaker.

Nothing further was heard.

What the guy was trying to get Hongkies to do do, was what hedgies tried to do to HK in the 1998 but failed.

Even George Soros lost money.  After successful short attacks on the currencies of Thailand and Malaysia, he launched a dual assault on Hong Kong’s currency and stock market. The HKMA was forced to spend about HK$120bn (U$15.1bn) fending off Mr Soros and other short sellers. HKMA made a lot of money, not only on the currency but on HK shares. Btw it monetised its share holding by creating an ETF: https://www.hkma.gov.hk/eng/key-information/insight/20091112.shtml

Ang moh hedgies got taken to the cleaners.

How the peg works

Since 1983, the linked exchange rate system is a unique type of exchange rate regime used for the Hong Kong dollar to be pegged with the United States dollar at a fixed rate of HK$7.80 = US$1. In this unique linked exchange rate system, the Hong Kong Monetary Authority (HKMA) authorises the three note-issuing banks (HSBC, Bank of China and Standard Chartered) to issue new banknotes provided that they deposit an equivalent value of United States dollars with the HKMA.

In practice, in the unique linked exchange rate system, the exchange rate of HK$7.80 = US$1, is strictly controlled by the Hong Kong Monetary Authority in the foreign exchange market by controlling supply and demand of Hong Kong dollars in order to influence the exchange rate being fixed. By this arrangement the HKMA guarantees to exchange United States dollar into Hong Kong dollars and vice versa, at the rate of 7.80. When the market rate is below 7.80, the banks will convert United States dollar for Hong Kong dollars from the HKMA, Hong Kong dollars supply will increase, and the market rate will climb back to 7.80. The same mechanism also works when the market rate is above 7.80, and the banks will convert Hong Kong dollars for United States dollars.

By this arrangement, the Hong Kong dollar is backed by one of the world’s largest foreign exchange reserves, which is over 7 times the amount of money supplied in circulation or about 48% of Hong Kong dollar M3 at the end of April 2016.[14]

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

Here’s pice on why attempts to destroy peg fail: https://investors-corner.bnpparibas-am.com/investment-themes/emerging-markets/hong-kong-dollar-peg/

Fyi, it was an ang moh who devised the peg scheme.

My coverage of HK matters that most ang moh, and our constructive, nation-building media MSM miss covering

Interesting, relevant, little known facts about HK’s general strike

HK: Inconvenient truths for China and West/ FT PAP missed

HK protestors prove George Orwell’s point

Why Hongkies sang ‘Sing Hallelujah to the Lord’

HK demonstrations: What I’d like to know

How Xi can hurt HK the non violent way

HK: Who is the superhero of protestors and short-sellers?

Reminder to those who republish my pieces with my permission. If you suka suka take things out without my coconsent, you no longer have permission to republish the piece.

HK protests affect Swiss cos

In China, Hong Kong, Tourism on 04/09/2019 at 4:06 am

The protests have led to share price falls for Swiss watchmakers Richemont and Swatch Group. They had fallen after previous unrest in 2014 but then recovered.

It’s all about tourists (especially from the mainland) buying their stuff: Why ang moh luxury brands lick Chinese p***ies.

Subterranean skyscrapers: Juz the thing for us

In Environment on 03/09/2019 at 1:21 pm

Today, ST is full of pixs of how the MRT tunnel beneath the forest reserves will look like: 25 HDB stories deep.


Temasek’s eco-slum or eco-paradise

Uniquely Temasek? Kill Mandai wildlife to build wildlife paradise

No leh HDB flats in paradise.

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Remember the plans to build underground storage facilities?

Singapore has two major cavern developments, the Underground Ammunition Facility and the Jurong Rock Caverns which can hold about 1.47 million cubic metres of crude oil and petroleum. There is currently no comprehensive plan to identify potential cavern sites.
underground developments – URA
And

Singapore Is Creating a Subterranean Master Plan

https://nextcity.org/daily/entry/underground-city-movement-singapore-helskini

 

Pix is part of Samsung’s vision of earth in 50 years’ time: subterranean skyscrapers. S’pore already ahead of Samsung.

Dr Tay Kheng Soon has been imagining how future S’pore could look like. He

has interesting ideas on how HDB flats can be split into smaller units so that the old can sell off excess space …

Also good ideas of monetising without en-block sales and building retirement homes above HDB open car parks and on top of buildings.

Imagining the future of S’pore

Btw, only the PAP govt could find such an inspirational name for a sewage system. Dubbed the underground superhighway, it is going to cost US$7.2bn.

In April this yr, ST reported

Tunnelling work* has begun on a massive underground sewage superhighway in western Singapore – the most ambitious project of its kind here to date.

On track to be completed in 2025, the underground labyrinth of pipes will comprise 40km of deep tunnels and 60km of link sewers, traversing 100km across the western half of Singapore, including the downtown area and some new developments in the Jurong Lake District, Tengah Town and the Greater Southern Waterfront.

Waste water will be conveyed via gravity to centralised water reclamation plants for treatment and recycling into Newater.

Highlighting the economic benefits of DTSS phase 2, the PUB said it will allow allow 150 hectares of land, about the size of 214 football pitches, to be made available, as older existing water reclamation plants and pumping stations around the island are phased out.

These include the conventional water reclamation plants at Ulu Pandan and Jurong and the intermediate pumping stations.

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*Work officially began on April 4 in Jalan Bahar with the launch of the first tunnel boring machine, which will burrow through the ground to create tunnels 3.5m in diameter below the ground.

HK: Who is the superhero of protestors and short-sellers?

In Hong Kong on 03/09/2019 at 4:18 am

All indications are that the first day of the second general strike since the 1967 Cultural Revolution riots was a damp squib despite protestors disrupting train services causing major rush hour traffic delays and many students boycotting classes (Great excuse to take the day off),.

Time for the Head Prefect to call a press conference? She always gets HK people more upset and

instead of steadying markets, Ms Lam’s press conferences have tended to correlate with sharpening falls on the Hang Seng, which finished the month more than 7 per cent lower.

FT

PAP fighting for every last vote

In Political governance, Public Administration on 02/09/2019 at 10:39 am

The PAP govt is even trying to make sure that 1000 carers’ vote for the PAP? Every vote matters for the PAP it seems. Those were my tots when I read

The maid levy concession will be extended from Sep 1 to include the employer’s Singaporean extended family member or friend who lives in the same household, the Manpower Ministry (MOM) announced in a press release on Saturday (Aug 31).

Currently, levy concession is given to those whose foreign domestic workers are caring for an immediate family member in the same household.

The change is expected to benefit around 1,000 employers, MOM said.

Read more at https://www.channelnewsasia.com/news/singapore/maid-levy-concession-to-extend-beyond-immediate-family-from-sep-11859716

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Where else is the PAP is also trying to shore up its vote?

Christmas, CNY coming early thanks to PAP: 7000 votes here

Why 37,000+ sure to vote for PAP

Pioneer Generation benefits: Are you better off now than you were in 2011?

Consumers: Groceries: PAP cares for u, really they do

Even anti-PAP people getting money: PAP giving money to anti-PAP group

No need to try so hard: Juz postpone GST rise la — How PAP can win 65% plus of the vote

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Here’s a constructive, nation-building suggestion to help make sure the Merdeka Generation vote for the PAP: for those of us with degrees, help fund post grad studies, for those without first degrees, help fund first degree or diploma courses.

This ties in with the PAP govt’s plans to get us oldies to work longer so that CPFLife begins at 85 (More on 85 being the new CPF Life payout date) and its “knowledge economy”plans.

This idea came from reading

Master’s degree students over the age of 60 will receive a £4,000 bursary under a new Welsh Government scheme.

https://www.bbc.com/news/uk-wales-49513183

In the article someone says”education should be available to people of any age who want it”. True especially for the silver-haired. Fyi, I’ve been comparing the costs of S’pore-based psychology courses and our public unis offer the lowest cost. But how to get in? I oldie and not FT.

 

Got school like this here meh?

In Uncategorized on 01/09/2019 at 4:04 pm

Russian school renovated by ex-student who is now a rich man.

With chandeliers, marble floors, gold-trim, and ceilings adorned with angels, the “building now looks more like a palace or museum than a regular school”

https://www.bbc.com/news/blogs-news-from-elsewhere-49522622?intlink_from_url=https://www.bbc.com/news/education&link_location=live-reporting-story

Sovereign bond with penny stock characteristics

In Financial competency, Financial planning on 01/09/2019 at 4:51 am

From juz below par (100) to 38 in two years.

Two years ago, investors were rushing to buy Argie’s 100-year bond with a coupon of 7.125% and initial yield of yield of 7.9%: https://www.cnbc.com/2017/06/20/argentina-sees-strong-demand-for-surprise-100-year-bond.html.

Rational long-term investors “reasoned that a bond with a 7.9 per cent yield would cover the initial investment and then some over a decade or so,” said the FT

Yesterday it fell to 38 cents on the dollar, a fall of 6% on the day after Argentina started selective defaulting of its bonds: Line between living beyond one’s means and being mean is very thin.

Reminds me of this S’pore fiasco: https://www.theedgesingapore.com/inner-workings-penny-stock-scandal-revealed-first-prosecution-witness