If the political party is the only variant in property prices, then why do we need Mah Bow Tan? Any difference in prices is larger due to location.
Hougang is just further from the city than other districts. Obvious why he did not choose Potong Pasir, check our the new condominium "Nin residences", breaking price records for that area I bet. At that price, you can get a condominium in anywhere in 90% of Singapore.
Sunday, May 1, 2011
A prescriptive government
Just coined this term which best describes the style of governing enforced by the PAP; that is prescriptive. They come up with the policy and whether you like it or not, you have to accept it!
Ask yourself fellow Singaporeans, is this the kind of government you want? Is this the kind of person you are? Do you just listen and accept so easily in your daily life? If not, why should it be the same for politics.
Make your voice known my friend. Together we are loud. Together we can initiate change, but it has to start now! No more procrastination because this is our last chance....
Ask yourself fellow Singaporeans, is this the kind of government you want? Is this the kind of person you are? Do you just listen and accept so easily in your daily life? If not, why should it be the same for politics.
Make your voice known my friend. Together we are loud. Together we can initiate change, but it has to start now! No more procrastination because this is our last chance....
An analysis of minimum wage
Hong Kong's new minimum wage law just took effect whereby employees would have to be paid a minimum wage of 3.6USD per hour.
If HK can initiate a minimum wage law, I honestly have no idea why it cannot be instituted here. The PAP's refusal to institute one is that minimum wage would result in an increase in unemployment. But at just over 2% unemployment rate, we must be at the structural unemployment level and this is actually the best time to institute this policy to ensure that Singaporeans working in the minimum wage industries are getting paid enough to sustain themselves, especially in an high inflation environment.
Make the minimum wage only for Singaporeans and supplement this by putting stringent quotas on the number of foreigners! Give us some space in our pockets and on the trains!
If HK can initiate a minimum wage law, I honestly have no idea why it cannot be instituted here. The PAP's refusal to institute one is that minimum wage would result in an increase in unemployment. But at just over 2% unemployment rate, we must be at the structural unemployment level and this is actually the best time to institute this policy to ensure that Singaporeans working in the minimum wage industries are getting paid enough to sustain themselves, especially in an high inflation environment.
Make the minimum wage only for Singaporeans and supplement this by putting stringent quotas on the number of foreigners! Give us some space in our pockets and on the trains!
An analysis of FTs - Taking opportunities and jobs!
Seeing the run-up to the election, I have decided to do a greater part for Singaporeans by performing a analytical impact of the large influx of FTs. I have yet to see FTs analysed in this so I hope this would enlighten Singaporeans that the vast influx of foreigners will do great harm to them and their children and their children's children.
By now it should be common knowledge that FTs are taking up jobs that Singaporeans can perform. Be it a top CEO position, a top management, a middle management, a lower management down to even the lowest cardboard pickers. But what you do not see is the loss of opportunities for Singaporeans.
If you have been in the workforce for long, you will realise that a lot of times, you need opportunities in order to progress, learn and move up the career ladder. But what is happening now is that instead of giving the opportunities to Singaporeans in the lower rung, this opportunity is taken up by FTs who are so easily brought in. Now what does this loss opportunity mean, it means that the Singaporean is left to work in the low position and a loss of chance to learn, gain experience and what is worst, remain stuck in a low wage cycle, resulting in the descendant being similarly devoid of the opportunity to enjoy his parent's possible high position, high pay and in the end continues to struggles from birth to death.
The loss of the opportunity to advance is as great as the loss of a job, because what is the point of being in a job with no chance of advancement and growth.
To the bankers and IT personnel, why are Indians the highest paid racial community in Singapore? This is because they have come in such large numbers into these high paying industry until Singaporeans are squeezed out of it.
To the fast food worker, do you find it funny that your store managers are either PRC or Filipinos?
To the cleaners (dish and toilet), why are your wages so low? This is because your boss can hire a younger PRC at the same cost despite you having to work at 80 years of age! They are squeezing poor Singaporeans out of the worst of our jobs!
This is the last chance you have of voting out this wide open door policy. Vote the alternative parties now before it is too late (if it is not already).
By now it should be common knowledge that FTs are taking up jobs that Singaporeans can perform. Be it a top CEO position, a top management, a middle management, a lower management down to even the lowest cardboard pickers. But what you do not see is the loss of opportunities for Singaporeans.
If you have been in the workforce for long, you will realise that a lot of times, you need opportunities in order to progress, learn and move up the career ladder. But what is happening now is that instead of giving the opportunities to Singaporeans in the lower rung, this opportunity is taken up by FTs who are so easily brought in. Now what does this loss opportunity mean, it means that the Singaporean is left to work in the low position and a loss of chance to learn, gain experience and what is worst, remain stuck in a low wage cycle, resulting in the descendant being similarly devoid of the opportunity to enjoy his parent's possible high position, high pay and in the end continues to struggles from birth to death.
The loss of the opportunity to advance is as great as the loss of a job, because what is the point of being in a job with no chance of advancement and growth.
To the bankers and IT personnel, why are Indians the highest paid racial community in Singapore? This is because they have come in such large numbers into these high paying industry until Singaporeans are squeezed out of it.
To the fast food worker, do you find it funny that your store managers are either PRC or Filipinos?
To the cleaners (dish and toilet), why are your wages so low? This is because your boss can hire a younger PRC at the same cost despite you having to work at 80 years of age! They are squeezing poor Singaporeans out of the worst of our jobs!
This is the last chance you have of voting out this wide open door policy. Vote the alternative parties now before it is too late (if it is not already).
Monday, February 21, 2011
An analysis of some statistics
Came across this table while looking through the New York Times today. This was what inspired me to do my first posting so I hope this will be up to standard.
The article was talking about the decline of the United States which is really a sad thing because this marks the beginning of the end of the unipolar power era to a multipolar power era characterised by the period prior to World War I and II. But this is point for debate in another post.
The post came with some interesting statistics on Singapore (table replicated below, sourced from NYT) which you will probably never see reported in the traditional media (despite TODAY's collaboration with the NYT):
a) Gini coefficient being the second highest of all advanced economies! The Gini coefficient measures the income gap between the rich and the poor (higher being a more pronounced inequality). Can you imagine, other than the free wheeling capitalist economy of Hong Kong with its tycoons living on the Peak vs. the poor living in caged bedspaces, Singapore is second, above that of the United States.
Can the S$800(max) be able to close this income gap? And why are we offering income tax cuts for the rich? Any chance it may be because the budget-authors are all earning more than S$120,000? Tax cut now, GST 10% next?
b) Unemployment rate of 2.3%. This is significantly lower than the average and may be attributed to continued training for older workers. But I shuddered and thought twice when I read this statistic as I pictured the bended white-haired aunties and uncles who clean the tables at maxwell market where I frequent. They are way too old to be working at their age but yet they still are. I do not wish to guess what is forcing them to work at this age, but I would bet my money that they are not doing it to while time away and they are definitely not on the better side of the Gini.
c) Level of democracy is LOWEST, even lower than that of Hong Kong which is part-ruled by the Chinese Communist Party! Need i say more?
d) Lowest global well-being index at 19%. Only 19% of the population are thriving in 2010. What is happening to the other 81%? Again, stuck in the wrong side of the Gini coefficient. Even Hong Kong reports a higher well-being percentage of a whooping 65%!
e) Food insecurity. 2 times per last 12 months. The fact that there is even a statistic makes me very sad indeed.
f) Life expectancy; good! But do not fall ill as it is easier to die in Singapore than to fall ill. You may move to Malaysia though.....I am appalled that the reporters/editors can spin the story to say that it is a good thing to be hospitalised in Malaysia. May heaven have eyes so that one day he/she may be in such a situation that her loved ones will need to be hospitalised in Malaysia to save costs.
g) Prison population, 4th highest in the world. But these are the low lifes, not to worry. The high lifes (e.g riding a very sound-proofed Lexus and thinking a branch has fallen on your car but not stopping to check and a model who instigated a jail-able crime but got fined and will be appealing!) does not add to the statistic. If we do, we might beat Taiwan and be third only to Hezbollah and Hamas infiltrated Israel and the United States of African underclass.
I hope the above analysis gives you a better idea of the direction in which Singapore is heading and it is up to you if you wish to see it continue.
The article was talking about the decline of the United States which is really a sad thing because this marks the beginning of the end of the unipolar power era to a multipolar power era characterised by the period prior to World War I and II. But this is point for debate in another post.
The post came with some interesting statistics on Singapore (table replicated below, sourced from NYT) which you will probably never see reported in the traditional media (despite TODAY's collaboration with the NYT):
a) Gini coefficient being the second highest of all advanced economies! The Gini coefficient measures the income gap between the rich and the poor (higher being a more pronounced inequality). Can you imagine, other than the free wheeling capitalist economy of Hong Kong with its tycoons living on the Peak vs. the poor living in caged bedspaces, Singapore is second, above that of the United States.
Can the S$800(max) be able to close this income gap? And why are we offering income tax cuts for the rich? Any chance it may be because the budget-authors are all earning more than S$120,000? Tax cut now, GST 10% next?
b) Unemployment rate of 2.3%. This is significantly lower than the average and may be attributed to continued training for older workers. But I shuddered and thought twice when I read this statistic as I pictured the bended white-haired aunties and uncles who clean the tables at maxwell market where I frequent. They are way too old to be working at their age but yet they still are. I do not wish to guess what is forcing them to work at this age, but I would bet my money that they are not doing it to while time away and they are definitely not on the better side of the Gini.
c) Level of democracy is LOWEST, even lower than that of Hong Kong which is part-ruled by the Chinese Communist Party! Need i say more?
d) Lowest global well-being index at 19%. Only 19% of the population are thriving in 2010. What is happening to the other 81%? Again, stuck in the wrong side of the Gini coefficient. Even Hong Kong reports a higher well-being percentage of a whooping 65%!
e) Food insecurity. 2 times per last 12 months. The fact that there is even a statistic makes me very sad indeed.
f) Life expectancy; good! But do not fall ill as it is easier to die in Singapore than to fall ill. You may move to Malaysia though.....I am appalled that the reporters/editors can spin the story to say that it is a good thing to be hospitalised in Malaysia. May heaven have eyes so that one day he/she may be in such a situation that her loved ones will need to be hospitalised in Malaysia to save costs.
g) Prison population, 4th highest in the world. But these are the low lifes, not to worry. The high lifes (e.g riding a very sound-proofed Lexus and thinking a branch has fallen on your car but not stopping to check and a model who instigated a jail-able crime but got fined and will be appealing!) does not add to the statistic. If we do, we might beat Taiwan and be third only to Hezbollah and Hamas infiltrated Israel and the United States of African underclass.
I hope the above analysis gives you a better idea of the direction in which Singapore is heading and it is up to you if you wish to see it continue.
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