TGIF – Up till the Spring Equinox…

The World since the last TGIF


– that the Yangtze River gets more than half of China’s industrial waste and sewage. Europe’s Danube has lost most of its surrounding wetlands. And the Rio Grande has become so shallow that salt water is seeping in, bringing ocean fish that threaten freshwater species. Pollution, global warming and rampant development could destroy some of the world’s most iconic rivers in the coming decades, threatening to wipe out thousands of fish species and cause severe water shortages, the World Wide Fund for Nature said in a report. Only 21 of the planet’s 177 longest rivers run freely from source to sea, with dams and other construction destroying the habitats for migratory fish and other species by altering the water’s natural ebb and flow, the WWF said. About a fifth of the world’s 10,000 freshwater fish and plant species are either extinct or endangered, the report said, calling on gover-mins to radically step up efforts to preserve rivers, lakes and wetlands. (If no plague or war destroy us, the environment will have its revenge.)

– that former House Speaker Newt Gingrich was having an extramarital affair even as he led the charge against Bill Clinton over the Monica Lewinsky affair, he acknowledged in an interview with a conservative Christian group. “The honest answer is yes,” Gingrich, a potential 2008 Republican presidential candidate, said in an interview with Focus on the Family founder James Dobson. “There are times that I have fallen short of my own standards. There’s certainly times when I’ve fallen short of God’s standards.” (Most of the American public won’t know better even when these shithead Republicans have got absolutely no standards anyway.)

– that Gingrich argued in the interview, however, that he should not be viewed as a hypocrite for pursuing Clinton’s infidelity. (He’s just living up to being a political jackal.)

– that a U.S. appeals court struck down a 30-year-old Washington, D.C., law that bans handguns in homes, a precedent-setting ruling that dealt a setback to a city with one of America’s highest crime rates. By a 2-1 vote, the appeals court broadly interpreted an individual’s constitutional right under the Second Amendment to bear arms, and concluded the law violated those rights. The Second Amendment says, “A well regulated militia, being necessary to the security of a free state, the right of the people to keep and bear arms, shall not be infringed.” (What meaning is there to this amendment when you take out the subject: A well regulated militia? Isn’t this saying that the a well regulated militia, being the right of the people to bear arm, shall not be infringed? It’s not a justification for people to possess arms! * sigh *)

– that Venezuelan President Hugo Chavez said Warmonger Bush should be given ‘the gold medal for hypocrisy’ as Warmonger embarked on a tour of Latin America aimed at making new friends. “You’ve got to give the U.S. president the gold medal for hypocrisy, because he’s said now he’s worried about poverty in Latin America,” Chavez told reporters soon after landing in Buenos Aires. “Now he’s discovering … after so many years that there’s poverty in Latin America, precisely when the U.S. empire is the principal culprit.” (The American gover-mins have been a principal culprit in quite a number of problems in the world, not just Latin America.)

– that as Warmonger arrived in Brazil, he brought with him a message that he believes has been lost on the region: U.S. concerns about persistent poverty have prompted a doubling of economic aid to Latin America since 2001. To make the claim, however, Warmonger is relying on what some analysts called an accounting gimmick. In fact, they said, U.S. aid to Latin America has remained relatively stable since 2000. And the budget Warmonger sent to Congress last month proposed cutting aid from $1.6 billion to $1.47 billion, an 8% reduction. Analysts note that Warmonger is using a misleading base line, comparing 2007’s figure with 2001, a year when Latin American aid was essentially cut in half temporarily to make up for a large military aid package for Colombia and five neighbors. Moreover, Bush never mentions in his comments that he just proposed cutting the figure he cites in next year’s budget. (Once a liar, always a liar.)

– that Australia’s Muslims announced plans to form a political party to fight what they call growing Islamophobia, spawned by the so-called war on terror. The move came as the lea-duh of a Christian party demanded an immediate halt to Islamic immigration to Australia, saying Muslims were beginning to dominate some communities. Leading the drive for Australia’s 300,000 Muslims to take on the mainstream parties is controversial ‘cleric’ Sheikh Shit Taj Aldin al-Hilali, who has the title Mufti of Australia. Hilali stirred up a storm of protest late last year when he described scantily-dressed women as ‘uncovered meat’ inviting rape. (What these guys are truly about is not religion or God, but politics.)

– that an Australian Senate Committee hearing into the proposed US$8.8-billion takeover bid of its national carrier was told that day-release inmates from Changi Prison and unqualified engineers were used to clean and maintain the airliner’s fleet – a claim that angry Qantas officials slammed as ‘outrageous’. Qantas’ executive general manager David Cox dismissed the allegations as ‘part of an industrially-motivated campaign aimed at protecting uncompetitive work practices in Australia’. (They will come up with that even if the planes were serviced in some world class facility in Europe.)

– that a Singapore Prison Service spokesman, backed Qantas’ denial and mentioned, “No inmates under our custody are involved in the cleaning of any aircraft.” (No self respecting country would have take that lying down!)

– that Libya’s lea-duh Muammar Gaddafi has complained that Western countries have failed to properly compensate his nation for scrapping its nuclear arms programme and as a result countries such as Iran and North Korea would not follow his lead. Speaking on the 30th anniversary of his declaration of Libya as a Jamahiriyah [state of the masses], he said that the West had failed to help transform his nuclear weapons programme into nuclear power. (Well, Gaddafi should be happy they didn’t find more excuses to make it more economically miserable for Libya, the same way the U.S. did to North Korea.)

– that the ongoing genocide in Sudan’s Darfur region was the world’s worst human rights abuse in 2006, the U.S. said, in a report concluding that freedoms have eroded elsewhere, including fledgling U.S.-backed democracies in Afghanistan and Iraq. (What about Guantanamo?)

– that Zimbabwean tyrant Robert Mugabe told his critics of his gover-min to ‘go hang’ themselves in his first response to the arrest and assault of opposition chief Morgan Tsvangirai. After talks with Tanzanian President Jakaya Kikwete, who had gone to Harare in a bid to mediation between Mugabe and the opposition, the tyrant accused Tsvangirai’s Movement for Democratic Change of instigating violence. (Would you believe someone who asked you to go hang simply because you criticised him?)

– that Jordan’s King Abdullah II called on the U.S. to help end the ‘bitter legacy of disappointment and despair’ in the ‘Palestinian’ territories and to ‘take risks’ to help achieve a lasting Middle East peace. (Not if the ‘Palestinian’ losers like Hamas and ‘Islamic’ Jihad had anything to say about it.)

– that Abu Omar al-Baghdadi, whose name means ‘from Baghdad’, lea-duh of the terrorist group ‘Islamic’ State of Iraq, was arrested in western Baghdad, the Iraqi Interior Ministry said. The Sunni terrorist group has claimed responsibility for many attacks against the U.S. and Iraqi forces in Iraq, including the downing of U.S. helicopters. (They should show him the room which Saddam was hang and also put his head into the noose. Maybe he’ll be more talkative after that.)

– that the ‘Islamic’ State of Iraq was formerly known as the Mujahedeen Shura Council, a group formed in December 2005 after the now killed al Qaeda in Iraq lea-duh Abu Musab al-Zarqawi called on terrorist groups to unite their fight against the ‘infidels’. After the death of al-Zarqawi in a U.S. raid in June 2006, Abu Hamza al-Muhajer, also known as Abu Ayyub al-Masri, took over as head of al Qaeda in Iraq and lea-duh of the Mujahedeen Shura Council. The ‘Islamic’ State of Iraq was formed in October 2006 to replace the council, and all of the group’s members pledged allegiance to al-Baghdadi. Al-Masri pledged his allegiance to al-Baghdadi, putting his claimed 12,000 al Qaeda in Iraq men at “the service of the ‘Islamic’ State of Iraq”. (Well, the Americans should just say ‘al-Baghdadi was captured based on intelligence from an source which has infiltrated the high levels within Al Qaeda in Iraq’. Help them along in their power struggles so some of them might just kill one another to make themselves weaker.)

– that Ahmadinejad accused some major powers of waging a psychological war to try and hinder Iran’s progress, saying they wanted to portray Iranians through a film as being savage. Ahmadinejad did not name the film but his comments appeared to be directed at ‘300’, which depicts a 480 B.C. battle between Greeks and Persians that Iranian officials and the public say seeks to vilify Iran. The film is seen in Iran as part of a broader effort to undermine the Islamic Republic, which is locked in a standoff with the West over its nuclear programme. The West accuses Iran of trying to make nuclear weapons. Tehran denies the charge. (Ahmadinejad has himself done more to vilify Iran than the West ever could.)

– that China accused the U.S. of hypocrisy in its annual response to Washington’s criticism of Beijing’s human rights record, saying it had no right to blacken the name of other countries. (It is a sad day when the matter of human rights is made a political tool. After all, it’s unlikely the Americans or the Chinese give a damn about the rights of those which are abused.)

– that China’s promise not to sentence the most wanted fugitive Lai Changxing to death is an essential prerequisite to have him repatriated from Canada, said Ni Shouming, a spokesman for the Supreme People’s Court in Beijing. :ai was accused of being the mastermind behind the country’s largest smuggling ring. He fled to Canada in 1999 and has remained there. China wants to bring him back to face charges of smuggling, bribery and tax evasion. (Maybe he has something so important to tell that Hu Jintao preferred to keep him alive.)

– that the Dalai Lama is unlikely ever to return to Tibet unless he completely abandons the idea of independence for the remote Himalayan region, Tibet’s Chinese-appointed lea-duh said. “I think if the Dalai Lama cannot truly abandon his ideas of Tibetan independence in word and in deed and fully abandon his independence activities, then his hope of returning to Tibet will be slim,” said Champa Phuntsok, chairman of the Tibetan gover-min. China has accused the Dalai Lama of waging a clandestine campaign for formal independence, though he says he wants only greater autonomy in hopes of preserving Tibet’s Buddhist culture. (It might be interesting to note that should the Dalai Lama return, people like Champa Phuntsok might no longer have a job. In that light, maybe it’s easy to understand why some people tries very hard to prevent the Dalai Lama from returning home in spite of the fact that the Dalai Lama has on several occasions indicated that it is best for Tibet to be part of China, and that he wants only autonomy, not independence.)

– that Shinzo Schizo Abe has accused overseas media of inaccurately reporting his views on Japan’s wartime army brothels and fuelling an outcry. Schizo caused an uproar early this month when he said there was no hard evidence to show that so-called ‘comfort women’ were forced by the army into sexual slavery ‘in the strict sense of coercion’. He later elaborated that he was talking about physical coercion such as soldiers kidnapping women for brothels. (Imaginative, Schizo. Only an astute politician can come up with such a lame explanation to try and get out of his current predicament.)

– that tears trickle down Virginia Villarma’s weathered face as she recalls the day back in 1943 when she lost her youth and her innocence. Sent out by her aunt to get some food she was attacked by a group of Japanese soldiers on a suburban Manila street and tossed like an animal into the back of a jeep. Then just 14 years old, she was taken to a barracks in the port area and thrown into a bare room where she was stripped and raped repeatedly by soldiers, three or four at a time. (Come Schizo and face the victims. See if you can say it in their eyes it didn’t happen.)

– that victims of U.S. air raids on Tokyo in World War II and their families sued the Japanese gover-min for 1.23 billion yen. They alleged the gover-min started the war and took too long to stop it. The 10-3-1945 bombing of Tokyo, which took place just after midnight, engulfed the capital in a firestorm that killed an estimated 100,000 people. In the landmark lawsuit filed on the eve of the 62nd anniversary of the bombings, 112 citizens affected by the attacks argued that had the gover-min ended the war sooner, the raids would not have taken place. (Hmm… can my grandmother and a lot of survivors also sue the Japanese gover-min? Because if the Japanese didn’t start the war, they wouldn’t have suffered either!)

– that Mitsubishi Heavy Industries Ltd. plans to finance a Bulgarian wind farm by using the resulting greenhouse gas emission rights as collateral, the first such financing plan in the world. A joint venture between Mitsubishi Heavy and a local construction company will build an offshore wind farm in the Black Sea, using 35 of the Japanese firm’s 1,000 kilowatt turbines. The project will reduce CO2 emissions by about 80,000 tons a year as a result of the switch from existing conventional thermal power plants to the new wind farm, earning emission credits. The emission credits will then be sold to the operator of the Japan GHG Reduction Fund, a consortium of 33 Japanese firms that includes trading giant Mitsubishi Corp. The plant, slated to start operation next year, will sell electricity to Bulgaria’s state-owned power utility. (That’s interesting. So by having some poor sod not emit greenhouse gases, it earns someone the right to continue doing so? Sounds very much like a different version of the medieval papal indulgence…)

– that the former Japanese prime minister Yasuhiro Nakasone has denied setting up a military brothel while serving in Borneo during WWII, but said his country should apologise for the suffering of women forced to act as sex slaves for soldiers. Nakasone said he did not recall any involvement in the notorious ‘comfort stations’ which have caused embarrassment to a generation of politicians who took part in the conflict. But in his 1978 memoirs, Navy Without End, he wrote: “Some [soldiers] started assaulting [local] women and others started to indulge in gambling. I took great pains to set up a comfort station for them.” Pressed on his memories of his wartime service, Nakasone said: “I looked after facilities and I was in charge of looking after 2,000 engineers, not military people. (And yes, the world believes you, Nakasone. If they are all idiots…)

– that Chen Shui Bian took another step to assert Taiwan’s separatist agenda. Outlining his ‘four wants and one no’ policy, he said, ‘Taiwan wants “independence”, Taiwan wants to change its official title, Taiwan wants a new constitution, Taiwan wants development. Taiwan does not have left or right wing politics, only the issue of reunification and “independence”.’ (Hu Jintao should just reply to him in Taiwanese: 你讲三小?[What the fxxk are you talking about?])

– that Taiwan’s KMT and it’s ally, the People First Party, have announced they strongly opposes a draft of the ‘second republic constitution’ proposed by a professor from Taiwan University, according to reports of Taiwan media. The basic principle of the ‘second republic constitution’ is to seek ‘Taiwan independence’, which will damage Taiwan’s safety and bring about a risk of war, said Yang Tu, the director of the KMT publicity department. (All of these is meaningless when it does not improve the economic lot of the Taiwanese people at all.)

– that a Nazi society formed by a group of Taiwanese university students had sparked widespread condemnation. Jewish groups as well as the gover-min slammed the society which used Hitler as its icon. (The education system in Taiwan definitely has a serious problem. But again, when the educational mini$ter himself says the story of ‘Three Little Pigs’ makes ‘Three Little Pigs’ an idiom… just what the heck can anyone expect?!)

– that Indonesia’s Environment Mini$ter has said his ministry will study the environmental impact of granite quarrying in the Riau islands, a hint that the material may be banned from export. (Still working on applying pressure on us, huh?)

– that Indonesia’s Foreign Mini$ter Hassan Wirajuda has assured Singapore that the process of verifying alleged breaches of regulation by several granite-carrying barges will be transparent. He told George Yeo that an inter-departmental team visited the Riaus last week to investigate the detention of the barges by the Indonesian Navy and found that some of the barges were in breach of regulations. Wirajuda also clarified that, contrary to what recent media reports said, the Indonesian cabinet is not considering a proposal to ban granite exports. (Of course. Not getting the money they think is in Singapore is one thing, losing an already constant income, is another entirely.)

– that Indonesia’s new air transport chief has threatened to close down all airlines which fail to meet safety standards within the next three months. Mr Budhi Muliawan Suyitno said that the gover-min would announce this week a new national rating system, following a review of commercial airlines operating in the country – and those at the bottom may be closed. “In the three-month period, we will give the airlines the chance to improve their compliance with safety regulations,” he was reported as saying in the Jakarta Post. “We aim to secure zero-accident status within the next few years.” (Or is it just 3 minute enthusiasm? Or just a new boss trying to show he’s boss [新官上任三把火]?)

– that Indonesia has audited every one of its airlines in the wake of a spate of aviation disasters and the report card is worrying. The airlines were classified into three categories – with a top one indicating that the safety standrads were high. Not a single Indonesian carrier qualified for the top group. On the other hand, 13 domestic airlines and cargo companies, including flag carrier Garuda Indonesia, were placed in the second category. This indicated that while they had met many of the safety requirements, they had not met them all. (They probably should do the same for each administration and maybe they would then also discover none of them has been effective, nor efficient.)

– that non-Muslims converting to Islam will no longer need to change their names to bin or bte Abdullah, the Perlis State Fatwa Council ruled. Perlis Mufti Mohd Asri Zainul Abidin said the edict was aimed at addressing complaints by converts whose requests to retain their original surnames were rejected. If someone by the name of Sami son of Raju were to convert to Islam, he would have his name changed to Sami bin Raju instead of Sami bin Abdullah, the Mufti said. (Ah Kow bin Choo would be so funny…)

– that Malaysia made its largest single drug bust ever when it seized RM 14 million worth of fake sex pills labelled ‘Miagra’. Health Minister Chua Soi Lek said his ministry’s enforcement team and customs officials last week detained a container from Singapore loaded with 142 boxes containing 1.4 million Miagra capsules. (Container from Singapore? So much for all that anti-terror measures at Singapore’s port and customs.)

– that in its biggest and boldest move to attract more foreign investment, Malaysia is scrapping, in Johor’s new economic zone at least, policies that have favoured bumiputeras since the 1970s. While the details have yet to be spelt out, foreign investors in Johor’s Iskandar Development Region (IDR) will not be encumbered with providing 30% equity to a bumiputera partner. The move is aimed at creating a new engine of growth in Johor’s southern part so that over the next five to 20 years, it will grow into a major regional financial and manufacturing hub, providing jobs for 800,000 workers. Separately, the gover-min is abolishing property gains tax in Malaysia to boost the flagging property market and lure foreign investment. (Have they finally figured out that the 30% equity only fatten a selected group of people but not all the people?)

– that Malaysian movie pirates have put a bounty on the heads of two sniffer dogs who busted a fake DVD ring with a seizure of discs worth about $3 million, media and officials said. Lucky and Flo, two female black Labradors deployed by Malaysian authorities in their crackdown on pirated movie DVDs and music CDs, carried out their first major successful operation in Johor state. The New Straits Times said syndicate bosses had offered an unspecified reward for the killing of the two dogs. The two dogs helped seize a cache of around a million pirated game and movie discs in the southern city of Johor Baru, neighboring Singapore. At least six people were arrested. (Other dogs will take their places even if these two were killed, and whoever put up the bounty should be given 24 lashes and at least 10 years in prison.)

Singapore since the last TGIF


– that exempting essential items from GST is not the most ‘effective’ way of helping low-income families, said Tharman Shanmugaratnam. This is because the bulk of their funds is not spent on essentials. The better-off will save more because they spend more on these items. In an example, where uncooked food was not taxed, Thumby said that for every $1 saved by the bottom 20%, the remaining families would save $14 each. (Get this, Thumby. $1 meant a lot to the people in need of money while $14 doesn’t mean so much for those who need it.)

– that ‘this means that for the amount we are saving for the low-income segment, we’ll be losing $420 million each year from the rest’. ($420million can increase a lot of people’s pay, hor?)

– that Thumby noted that the bottom 20% of homes spend one-third of their funds on housing, education and health care, for which the gover-min ‘absorbs’ GST. (Absorb? Or just decided not to take? Above which, when you sell your unit cost $55,000 houses at a selling price of $160,000 at least, it more or less already made up for the GST you so called ‘absorbed’.)

– that corporate tax is reduced 2% to ‘offset’ the GST hike. (Well, whoever says the 2% reduction of tax will be the same as or more than the 1.5% extra CPF paid out per year by the company? It’s not like company performance will be the same or always improving. And guess who will bite the bullet again when retrenchments start again?)

-that when research engineer Ken Ong, 31 did his sums, he found that larger families sharing a bigger flat will lose out in the GST offset package. This is because the amount they get is based on their home’s annual value, not on how many people live in it. “For lower-income Singaporeans who supported the gover-min’s call to live with their parents…they will receive less GST offsets as they have bigger homes,” he said. Dr. Ong, a research engineer, said a couple earning $2,000 in all, supporting parents and two children, would get more if they lived in a three-room flat and their parents, in a two-room flat. “By splitting up, they get 24% more in GST rebates,” he said, using the household benefits calculator on the Finance Ministry’s website to do his sums. (It’s not too late to find out that Singaporeans are often short-changed and taken for idiots.)

– that there are Singaporeans in their 70s and 80s who have no kin, and even with help from the Public Assistance (PA) scheme, they still survive only by skipping one meal a day. Lily Neo, Tali-PAP MP for Jalan Besar, stood out as the voice of strongest dissatisfaction with the plans by the Ministry of Community Development, Youth and Sports (MCYS) to raise the amount of public assistance by between $30 and $115 a month to those who have no means of income due to age, illness or disability. The MCYS said it had crafted these increments in line with inflation and the impending GST hike. Lily Neo said, “My senior constituents told me they need to skip one meal a day [so as to manage on the monthly PA amount of $260], and now, MCYS is going to give them $1 more a day. But $1 a day will not be able to buy them a meal in any hawker centre.” (Not even good enough to get a packet of Magnolia Fresh Milk, actually. It’s $1.15 a packet at Cold Storage.)

– that not content with Vivian Balakrishnan’s Balekrishnan’s reply that the PA entitlements have to be kept low so as not to erode the incentive to work, Lily Neo remarked that ‘surely this argument shouldn’t be applied to PA recipients because this group of people can never work’. She added: “Shouldn’t providing three meals a day be a priority of his promise [to help the poor cope with higher costs of living]?” (Did Lily Neo ever ask if she signed up for the WRONG political party? By the way, it makes one wonder if the true meaning of ‘incentive to work’ in this case simply means ‘Find a way and to make yourself useful’. Doesn’t matter you really can’t because no one will ever believe you!)

– that as Lily Neo persisted for the third time, Balekrishnan asked: “How much do you want?” He said there was ‘enough, by and large’ for most of the recipients to get by on the current PA scheme. There was also a wide spectrum of help available for those in greater distress. (An extra $6 million, at least, Balekrishnan. You can do away with that stupid bicycle & skate board park in East Coast.)

– that Lily Neo said at a grassroots event subsequently: “I think we should raise it up to S$400 because we did a survey on 32 cases, and they need at least S$400 for basic living. They don’t have family members so they need other things such as social needs, mental needs and physical needs. This can be done by other helping hands. But the basic roof over their heads, the three meals a day, I feel that MCYS should be able to provide adequately.” (Maybe it will happen when Balek-rishnan suddenly lost the everything – i.e. friends, the ability to work, and access to all his money – except $260, and discovered how hard it is to get by with that amount for a whole month.)

– that MCYS is open to the idea of setting up a counselling and resource centre to help foreign-born athletes integrate into Singapore society. NMP Jessie Phua noted that 12 foreign-born athletes under the Foreign Sports Talent [FST] scheme have left Singapore over the past few years. They include Brazilian soccer player Egmar Goncalves, shuttler Xiao Luxi and, the latest, China-born table tennis player Zhang Xueling, who quit to join her husband in Shanghai. Mrs Phua, the Singapore Bowling Federation president, wondered if a central counselling and resource centre would help new citizens adapt to life here. MCYS Parliamentary Secretary Mr Teo Ser Luck said it was ‘something to consider’. (What should be considered is that the MCYS should abolish the FST completely and save the money for the needy whom they are paying out just $1 a day and think those people can survive on it. After all, a medal in 2007 means nothing in 2008, and national pride can never fill your bellies.)

– that Teo revealed the concept design for the international-standard Skatepark at East Coast Park. Enabling extreme skateboarders, inline skaters and BMX bikers to hone their skills, the 3,000-sq-m Skatepark is estimated to cost $6 million and should be completed by early next year. ($6 million for this piece of shit and not a dollar more for the needy. Well done MCYS.)

– that Zhang Xueling, a China-born Singapore citizen, obtained her Singapore citizenship in 2001, and was groomed to be a top player and had beaten other international top players during the Athens Olympics in 2004. She chose to leave Singapore for China to be with her husband. All this within a short span of five years. Another China-born former Singaporean table-tennis player, Xu Yan, has also left our country, for Germany. (Stop wasting our time and money trying to pursue such useless honours. The money is better spent on the needy.)

– that many people are upset that up to estates of $12 million, the estate tax is 5% and all remaining estates in excess of $12 million are taxed at 10%. (Well, the richer you are, the more stingy you become. It has been noted that a friend who earns $1800 a month has never hesitated on giving a treat of beer at $20 a jug, but someone who earns at least $20,000 a month took very long to get $2 out of his wallet to pay for 3 other people’s breakfast.)

– that Baby Lee said the community can come together to play its part to help those in need. (Play a part, yes. Not play THE part.)

– that as inflation rose by 1% overall last year, the brunt of higher prices – especially for housing – once again fell on the lowest-earning 20% of Singapore society. The lowest 20% spending more than half their expenditure on food and housing, it is likely that the CPI will go up further when the GST kicks in, come July. (The GST is really a great help to the lower income.)

– that Lao Goh said Singapore is leaking talent. And it’s not just ordinary talent, but its best and finest. (If they are the best and finest, then what does that made the million dollar mini$ter$ who aren’t leaving? Second best!)

– that Lao Goh said, “The issue which we are most concerned with is the loss of our own people at the very top. These are bright young people, children of very well educated Singaporeans. “They do not want to come back to Singapore. They want the experience of working in foreign universities, banks and companies.” Some may study overseas, and the best ones were harvested straight away by companies there. And this often starts a spiral that ends up with Singapore losing these talents. (Clearly, there are two kinds of people who will leave. The first, the kind Lao Goh is talking about, they can clearly see Singapore for what it is, a real life ‘Matrix’. The second, those who can’t take it anymore and would do anything to leave. So what’s left? The second best and the f**ked up who are afraid of change; and those who knows what is wrong and want to change it, those who knows what is wrong but decided they are powerless to change it or too afraid to change it, those who are unwilling to leave for whatever reasons, and those who doesn’t even believe or know that something is wrong to even see a need to change.)

– that the battle for talent has not just been between various countries. Closer to home, the gover-min stands to lose civil servants serpents to the private sector. Lao Goh said that it had been mentioned in Parliament that salaries in the civil service will be reviewed. Mini$ter$’ salaries are now pegged to those of civil serpents. (Anyone would have guessed this when they raised GST, even though they would have vehemently state it has nothing to do with it.)

– that more lawyers and accountants in the civil service are jumping ship to the private sector thanks to the allure of many perks, such as better pay. According to figures released by the Public Service Division [PSD], nearly 46% of all legal service officers have tendered their resignations over the past year for greener pastures. Some lawyers have eventually gone on to earn over 30% more than what they did in the civil service. 42% of accountants tendered their resignations over the past 12 months, citing reasons such as better pay and prospects in the private sector. (First it was a rosy picture about IT jobs and the pay in the market. Then it’s about lawyers and accountants quitting. Let me guess: The next pay increment for civil servants will see some of these people getting paid better. And remember, when it happens, you heard it from here first!)

– that to keep pace with the growing salaries of the private sector, the gover-min is revising the pay of its mini$ter$ and civil serpents. For officers of the Administrative service – the cream of the civil service – this is the first time that an adjustment has been made since 2000. (No need to guess what happens to a rapist when he tries this in his defense: “It’s been the first time I fxxked since 2000.”)

– that in the race for ‘Best Airport Worldwide’ – Incheon finished first, Hong Kong’s Chek Lap Kok second, KLIA third and Changi fourth. (Well, Singapore needs to first learn how to be a ‘World Class Loser’ to bleed some of the kiasu-ism out of the system. But of course, losing to Malaysia leaves a bad taste in the mouth.)

– that NS commitments could now be put on hold for selected ‘elite athletes’ who need an exceptional training and support programme to help realise their Olympic medal prospects. MINDEF confirmed that two more so-called ‘elite athletes’ – national sailors Teo Wee Chin and Terence Koh – have been granted disruption from their full-time NS commitments to train full-time for next year’s Olympic Games. (And what good is that? Whatever glory and pride the country gets from it, how does it benefit the people? That’s not even mentioning that the money to award these jokers if they win – and that’s a big if – comes from the state budget and that means a portion of the GST we pay!)

– that the SAF is headed by a lieutenant-general, and it has two major-generals and over 20 brigadier-generals. (Yep. 20 more potential mini$ter$ or head of state agencies like the HDB etc etc.)

– that Philip Fail-lip Yeo bid farewell to his yet-to-be-realised dream, but not without making clear that there is no change in the gover-min’s thrust despite a high-profile debate sparked off by Lao Lee’s daughter, Wei Ling, a neurologist. That storm, as Mr Yeo described it, shocked not only local scholars but also the big-name scientists wooed, and sometimes cajoled, by the man himself to do research here. He also invoked the stature and clout of Lao Lee to send this message to the whales [brand-name scientists] and guppies [younger Singapore scientists]. (A parting shot, Fail-lip?)

– that in a reply to a question on whether the gover-min was listening to her concerns that Singapore’s biomedical sciences might be heading down the wrong road, Dr Lee told the news agency: “All I can say is that maybe they are having a rethink.” A*Star later said in a statement that ‘there is no rethink or change in the gover-min’s biomedical sciences policy’. (No U-turns, no re-thinks, of course. It will just be a new path it is taking after ‘changes in the situation required a new course of action’.)

that when asked to comment on Fail-lip’s latest remarks, Dr Lee, who is director of the National Neuroscience Institute, told Today: “I stand by my views… Sometimes, the observer on the ground has a truer picture than the observer from the helicopter.” (Well, it might appear that even her dad didn’t agree with that.)

– that we should expect ERP charges and more gantries to control traffic flow as Singapore’s population expands. This is inevitable, said Baby Lee at a post-Budget dialogue with community lea-duhs. (Whether it is inevitable or not is not the issue, but whether it serves the purpose it is claimed to server or not.)

– that former Tali-PAP MP Tan Cheng Bock once said in a debate on a Bill that ‘having spoken strongly against the Bill, I am now required to vote for it because the Party Whip is not lifted’. It is in this regard that Tali-PAP MPs are restrained from doing much else apart from raising their views in Parliament. Although NMPs are not similarly restrained, they find themselves unable to vote on Constitutional amendments and Supply Bills, for example. (They cannot even abstain? Then what’s the point? They might as well just be like China’s NPC.)

– that the Fort Canning Tunnel costs 34 million dollars and the destruction of the old National Library – which some considered a National Monument. It saves only 5 minutes of travel by vehicle from Stamford Road to Penang Road. (Maybe not so beneficial for everyone, but it does benefit you because it is 5 minutes closer when you make a trip from the Parliamentary House to Oxley All’s-Lee Road.)

– that the high-tech, energy saving National Library with an avant-garde design in the nostalgic Bugis district cost US$120 million to build, an investment aimed at promoting love of reading among the members of the pop culture and videogame generation. (So there was a total cost of approximately S$210 million in total, to replace what some called an eyesore – i.e. the old National Library – and to build an approximately 400 meters long tunnel.)

– that massive traffic jams and huge crowds of bargain hunters clogged up the area around Suntec City, rushing to pick up last-minute deals at the IT Show 2007. The situation got so bad that at around 3pm, the upward-riding escalators at the convention centre were reversed to prevent more people from entering the exhibition halls on the third, fourth and sixth floors. (The ID-10-Ts just don’t get it… whatever savings there are isn’t worth it when you need to squeeze or wait 30 minutes for a freaking parking lot.)

Trivial, Jokes and Thoughts from Discussions


– that the practice of outsourcing has not really brought in its much-touted benefits for companies, according to Deloitte Consulting’s latest outsourcing survey of 280 of the world’s biggest global firms. The survey revealed that outsourced work have been plagued by underperformance and cost overruns, leading companies to start counting beans and to manage such work proactively. (You outsource risk and weaknesses, not every single damned thing.)

– that Acer is going to try to make a major purchase in the PC world this year and says it will pass Lenovo to become the third largest computer maker in the world. With an acquisition under its belt, Acer would likely pass Lenovo to become the No. 3 PC maker in the world. Even without an acquisition, however, Acer will likely pass Lenovo, based in mainland China, anyway, Wang said. Acer will likely grow units by 30% or more this year, he said, while the industry will grow at a slower rate (It can be bigger than Lenovo whenever it like. But will it be… better?)

– that a Mdm Lam Mun Wai complained that local schools are ‘conservative’ and said that they do not allow the students to use their cell phones. She asked, “How do you expect students to learn to use their phones properly in public if they are not allowed to do so in school?” (There is something called the instruction manual. And if Mdm Lam is talking about phone etiquette, what has usage in school got anything to do with it? Isn’t the matter of teaching courtesy and etiquette the responsibility of parents?)

– that some students from RJC were ‘weeping and hanging their heads in shame’ for not getting a perfect score in their A levels. (Oh.. so sad. Can always use the corridor of any HDB flat. For what? Jump! End your misery if you bozos think a less than perfect score is the end of the world. The papers could use the space for more tragic news.)

– that a job that is low in skill, status and opportunities is called a McJob, according to British dictionaries and popular slang. (Isn’t it sad that old folks in Singapore are the ones taking up McJobs here?)

– that Singaporeans are among the world’s most weight-conscious people, says a report on the use of slimming pills. Singapore ranks fifth in per capita usage of appetite-suppressants called anorectics, according to the UN report. (When you are 1.61m tall and 50kg and you still think you are too fat, go talk to a psychiatrist.)

– that polar bears, sea ice and global warming are taboo subjects, at least in public, for some U.S. scientists attending meetings abroad, environmental groups and a top federal wildlife official said. Environmental activists called this scientific censorship, which they said was in line with the Bush administration’s regime’s history of muzzling dissent over global climate change. (Maybe Chavez is right. Warmonger is the devil. He has already successfully turned Iraq into a hell on Earth. His next step will be to make the whole Earth a hell and making things hot is the first step. Poor poor polar bears.)

– that Berlin Zoo’s abandoned polar bear cub Knut looks cute, cuddly and has become a front-page media darling, but an animal rights activist insisted he would have been better off dead than raised by humans. “Feeding by hand is not species-appropriate but a gross violation of animal protection laws,” animal rights activist Frank Albrecht was quoted as saying by the mass-circulation Bild daily, which has featured regular photo spreads tracking fuzzy Knut’s frolicking. “The zoo must kill the bear.” (What a load of shit from Frank Albrecht. The zoo may have made a mistake, and he’s suggesting they take an easy way out of paying for the consequences of that mistake by killing the bear. Go to hell, Frank Albrecht.)

– that a new study by German scientists of spiders’ copulation techniques found that males leave part of their sex organ inside their female partner as a sort of ‘chastity belt’ to deter rivals. After setting the tone by shaking the female’s web, the male has only seconds to have sex before the larger female kills him. In over 80% of cases, the tip of the male’s genital organ breaks off inside the female. This appears to be the result of a hasty getaway – but also leaves behind a sort of chastity belt that keeps other males away, the study showed. “By breaking off parts of their intromittent organs inside a virgin female, males can reduce sperm competition and thereby increase their paternity success,” the Bonn University researchers wrote in the journal Behavioral Ecology. (If I am surely going to die after I fxxk, I will also break off my dick to block the other dicks.)

– that Europe’s food watchdog is to assess whether meat and dairy products from cloned animals are safe to eat. The European Food Safety Authority [EFSA] was asked by the European Commission to look into the future impacts of livestock cloning. (Get your lea-duhs to eat them for 10 years. And if they don’t develop some funny disease and die in that 10 years, it will probably be safe to eat.)

– that the seven-figure bonuses that private banks dished out recently may have made their recipients very happy – but for the rest of the workforce, the picture is much bleaker. Last year’s rosy economy, especially in the banking and finance sectors, saw top investment banks such as the Goldman Sachs Group and Morgan Stanley pay out hefty rewards to their staff in the U.S. In Singapore, DBS’ top honchos Jackson Tai and Frank Wong reportedly received between $5.3 million and $6.3 million in cash bonuses and shares. (And yes. Head honchos and front office only. Back Office staff can sleep earlier and try to dream.)

– that the average worker – including those in the booming financial sector – who had high hopes of a bumper bonus is likely to be disappointed. According to a global survey by international recruitment consultancy Robert Walters, more than 7 in 10 workers worldwide were unhappy with their bonuses this year. (Just come work in a bank to find out why! Because when you are continually exploited and has given even more than what you are expected to give as a back / middle office support staff, but you end up not getting what you felt you deserved, of course you will be disappointed and dissatisfied.)

– that a 42-year-old German man was so enraged by a foul during a boys’ soccer match that he invaded the pitch and felled the 8-year-old culprit with a karate kick, then jumped on him, police said. Other spectators, mostly parents of the children playing in the indoor match, piled in behind the angry spectator to restrain him and prevent any serious injuries to the boy. (The next time he should do this when Cristiano Ronaldo ‘dives’ to cheat for a penalty or a free kick.)

– that five months after denying ‘incorrect and hurtful’ reports of an imminent split, Russia’s richest man, billionaire Roman Abramovich, has confirmed his 16-year marriage to wife Irina is over. British newspapers, many of which ran the story on their front pages, said Irina Abramovich could get as much as half of her husband’s estimated $18.7 billion fortune and said it was the biggest divorce settlement in the world. the pair issued a statement saying Abramovich’s corporate interests – which include Britain’s Chelsea Chel-ski Football Club – would not however be affected. (Where to apply to be Irina Abramovich’s god son?)

– that these days, a millionaire in the U.S. is more likely to be the guy or gal next door who saved carefully – and perhaps benefited from the sharp run-up in housing prices – but still worries about covering the exploding costs of children’s educations, caring for aging parents and funding their own retirements. (When there are more millionaires, it’s not called wealth. It’s inflation.)

– that the most stupid thing you can say to an IT support guy is, “You IT you don’t know?” (So if you happened to work in Boeing, you better be sure you can pilot the Boeing F-15 too. Or else, be ready for the: “You Boeing you don’t know”)

– that the worse kind of users is the kind who expect you to correct their own mistakes, or carelessness. Even worse when they expect you to do so for something that is not even part of your responsibilities. For e.g. the user lost a phone and expects you to get it replaced, complete with sim card, immediately. (Not like SingTel’s or StarHub’s gonna give a damn because you were careless with your own items. The consequences of losing your own equipment should be borne by you, and you alone.)

Selfish Drivers

The picture on the left was taken this morning at Battery Road. This vehicle is parked before th zebra crossing next to the HSBC Building opposite Fullerton Hotel. The driver of this vehicle has parked her vehicle on a public road, while she went to do her banking at the ATMs in the lobby. Even though it was very early in the morning, a small jam has built up all the way leading to the Collyer Quay. (Caught also in the photo is the driver, taking her own sweet time to walk back to the car, though you cannot see her clearly.)

And apparently, a lot of other drivers have been doing this, or sometimes to drop / pick up passengers. To prove this pioint, the other picture [right] was taken in December 2006. It was not posted because the license plate number cannot be seen clearly but is now posted to prove the point. Apparently, these cheapos are completely oblivious of the hazard and inconvenience they posed to the other road users.

Writing to the LTA or even the traffic police is useless. As with all gover-min departments, the standard official reply will be that they are monitoring the situation and you can wait forever for action to be taken. In my opinion, these cheapos will only learn after another reckless driver tail-end them and scrap their cars – hopefully by one of those huge Hino trucks, or an army tonner.

Movie: Curse of the Golden Flower [满城尽带黄金甲]

Since I got started… I might as well keep this going for awhile…

Zhang Yimou’s [张艺谋] ‘Curse of the Golden Flower’ [满城尽带黄金甲] is no doubt a fine example that no matter how much money you spend on a bad idea, it won’t change its essence at all. The Cantonese have a saying for that – 烂泥都扶唔上壁 – which literally translates as you can’t get wet mud to stick on the wall, and means the same thing. (Somehow the same thing can be said about the Esplanade Ass-Planet, Sentosa, the recent refurbishment of the Changi Airport, and even the name change to the likes of A*Star or whatever.)

According to Wikipedia, this is the most expensive Chinese film to date – with a budget of $45 million – surpassing Chen Kaige’s [陈凯歌]‘The Promise’ [无极] (which in my opinion is another bad film in itself and the only redeeming quality being Cecila Cheung [张柏芝]).

The plot is based on Cao Yu’s [曹禺] 1934 drama ‘Thunderstorm’ [雷雨], but is set in the Imperial court of the Later Tang Dynasty in 928CE during the turbulent Five Dynasties and Ten Kingdoms Period [五代十国].

Zhang Yimou may perhaps have intended to make this his signature piece in the international film arena but this film is extremely disappointing. I have not watched the original ‘Thunderstorm’, but I have read at least two commentaries which lambasted Zhang of mangling a masterpiece. It is not a surprise that when even someone who knows about the original ‘Thunderstorm’ found it difficult to appreciate ‘Curse’, it is even more difficult for one who is simply out to look for just good, simple visual entertainment to appreciate this arty farty piece of utter crap.

That’s not mentioning the historical inaccuracies, such as the plate armour used in the movie by the Emperor (played by Chow Yun Fatt) and Prince Jie (played by Jay Chou), and the excessive use of gold color, which traditionally is reserved for use by the Emperor, and not even members of his family. Above which, the many half-exposed boobs have been a sore point among some movie critics.

There are of course scenes in the movie which might impress, such as that of the Emperor’s ninja-like special forces attempting to assassinate the Imperial Physician and his family, but then it would have been a lot more convincing had it been in a modern context. Foreigners may have liked the ‘Crouching Tiger Hidden Dragon ‘ [卧虎藏龙] look-alike scene, but it would have been better and more convincing if it was from one of those Hong Konger comic like ‘Wind and Cloud’ [风云].

The final battle scene where by the rebels in gold were slaughtered by a better equipped loyalist force – no matter what comparison the arty farty can draw to the Tian-anmen incident – is Zhang’s pathetic attempt in imitating or out-doing the Battle of Helm’s Deep in ‘Lord of The Rings’. For one thing I really couldn’t understand is, why wear golden and attack in the night? And how the heck did those heavy equipment get moved into the palace without alerting the rebels or the conspirators and the Empress? However, let us not be hard on the script writers and begrudge them for not having any tactical sense when all they wanted to do was simply to deliver some impressive screenplay, even when they have failed dismally in this case.

It is however shocking, that in spite of the amount of criticisms, this soulless film had sold extremely well in China. A critic – not local – sourly remarked that the more criticisms are lavished upon the film, the better its box office. He further remarked that this perhaps demonstrates the cultural quality [文化素质] – or the lack of it – of the mainlander Chinese people in general. (His opinion is not mine!)

Gong Li and Chow Yun Fatt, both veterans, are wasted in this movie. This movie would have been a big flop – if not for its showing in China – and this would be been a blot in their respective acting careers even when it is of no fault of their own.

My personal recommendation, if you have not yet watched this movie, is either you give it a miss entirely, or you go can borrow a copy from a friend who has it, just so you can see for yourself if it was as bad as I said it is.

Movie Just Watched: 300

The movie is based on the graphic novel by Frank Miller on a historical event, the ancient Battle of Thermopylae at 480BC. It re-tells the story about a battle between the Persians under King Xerxes and 300 Greek Hoplites under King Leonidas of Sparta.

The movie is touted by some as the biggest thing since Lord of the Rings, and by some, even better than it.

After watching, it is my personal opinion that the movie was impressive at first, but on further thoughts it is really shallow and hollow to the core. There is really nothing much to expect because if you do you might just come out disappointed.

The makers of the movie appears to promote the idea of a clash of civilisations, and a conflict of political systems. You know, that the last stand for democracy vs tyranny crap. There was some deliberate and special emphasis on ‘All of Asia’ made when they talked about the Persians, and there was even a scene of an Oriental looking guy – reminds me of Tsang Tsung or whatever from Mortal Combat – whipping soldiers of the Persian army forward into the Spartan meat grinder.

Sadly, the Persians in the movie looks more Indian than Persian and it makes one wonder if the movie makers themselves even know the difference. It was everyone else of the ‘barbarians’ – Negros, Mongoloids, Arabs, Persians, Indians – in the ‘Old World’ against the last bastion of knowledge, logic and reason – the Greeks.

Aside from looking outlandish – for e.g. executioners without real arms but knife-edge arms used to execute Persian (or Indian?) generals who failed in their mission – and the Persian envoys and messengers were either pompous or haughty. The Persian army was also tactically inept and stupid, not to mention that the Persian’s elite troops – the Immortals – wore masks like ninjas, and the reason is because all their faces are as if they are scorched by acid. They even have a berserker in their midst which almost killed Leonidas, which sort of reminded me about the cave trolls in Lord of the Rings.

Even the traitor who exposed the path to allow the Persians to get around the Spartans looks like a cross between Gollum and the Hunchback of Notre Dame. It is such a blatant graphical attempt to vilify all of them and to portray the Spartans as the perfect, masculine men.

Xerxes, the Persian King, is also portrayed as a complete tyrant who thinks he is god and is utterly full of himself. It is also as if he isn’t afraid of the cold, and he seems to have brought an entire harem of women along with him to battle!! (Personally I think it’s a far cry from the historical Xerxes.)

That aside, the only other thing you see is lots of blood and gore. There are even some be-headings, but there is one very glaring mistake, because in the scene where a Spartan lost his head to a rider’s attack, there was no blood spewing from his neck after his head was severed. You will see a lot of ‘graphical’ blood spill when the arms and leg are chopped off, or when the spears and swords pierce the bodies, but you don’t simply see no blood on the floor where the bodies fell. Maybe the ground is just too thirsty and it drank it all.

For history buffs, you might as well try and catch a documentary about the Battle of Thermopylae (aka Fire Gate) on the Discovery Channel, if they do show a re-run of it. Otherwise, just watch the movie on a weekday – complete with whatever discounts you can get – because it’s really just hype and not worth $9.50.

Stock Market – Over Coffee with Friends…

Several days ago I chanced upon an article on a evening Chinese tabloid that an undergrad lost $700,000 in the stock market. His father has to give up his entire savings of $300,000 to help him pay his debts, and his own girlfriend left him, because she could take it no more. She had helped him pay for his losses with her credit cards until all of them hit their respective limits.

On discussing the plight of this poor sod with some friends, we discussed whether it is now a good time to start ‘investing’ again after the recent few ‘corrections’. None of us are investment or trading gurus, and in the discussion, we came up with some of these…

  1. There is NEVER a hurry to buy.

    The reason is very simple. Just like you buy things in a normal market, when you have the money, you wait for the best bargain. Don’t let someone tell you that the price can’t be lower and this is the best time to buy. There will be other windows of opportunity, and it is best to just sit tight, and not rush in blindly.

    And if someone tells you to buy a stock now because ‘sure earn’, just tell him to sell everything he has – his house, car, wife and children, and whatever – quit his job, and borrow tons of money from the loan shark and bet his entire life on it. Let him prove his point with his own action, or else just tell him to go fxxk himself.

  2. There is only a hurry to sell. The reasons are:

    The stock price has hit your take profit level: DON’T BE GREEDY. Take profit and don’t hold back and hope for it to go up another 50%. Don’t be concerned about the possible ‘gains’, but rather, be wary of the fact that the stock price can drop below you take profit level and then never recover from there. Remember, money is only real when it sits in your pocket, not when it’s just a fluctuating figure on your spreadsheet.

    The stock price has hit your ‘stop loss’ level: BE DISCIPLINED. Give it up when you know for you have made a bad decision. One who fights and runs away, may live to fight another day.

    Losing badly on a stock you have no intention / no money to pick up: Don’t hold on until the last day – before the exchange initiate a force sell – to liquidate your position when this happens. If you believe in luck, then try 4D or TOTO, not the stock market.

    Above which, there must be a reason for the auto-sell feature when you hit a margin call in margin trading – i.e. the broker didn’t like your risk exposure and he did the most PRUDENT thing – even if you didn’t like it – to cut loss and run.

  3. Don’t take ‘tips’ on what to buy too seriously.

    As I have said before, no one can guarantee 100% that a stock will go up. Above which, you also don’t know how long the so-called ‘tip’ has been in circulation, or how many people have already heard about it.

    The longer it has been in circulation, and the more people have heard about it, the less valuable such a tip is. You do not need an explanation to understand a tip heard at 9:30am is worth donuts when you are told only at 4:30pm, or if you are the 100,000th Ah Beng to hear about it.

    Above which, recommendations from analysts to buy, may or may not necessarily benefit a small investor like you. Remember the analyst works for his employer – be it the bank or a brokerage – and he doesn’t work for you. It is simply common sense to assume, that the analyst who wrote that analysis has the interest of his employer at heart, and not yours since you are not writing his paycheck. And in fact, you might be the one taking the losses to make up for the profits of his employer to pay his salary.

    If you still don’t get it, then refer to point 1: there is no hurry to buy!

  4. Take ‘expert comments’ with a pinch of salt.

    E.g. #1: Alan Green-sperm says the economy may go into recession, but Barnie – or the Monkey Mentor – says the economy will remain rosy;

    E.g. #2: Star Analyst A from ‘Giant Brokerage’ says this stock is a piece of shit because the company’s turnover is high but profits is crap while Great Analyst B from ‘Silly-Bank’ says the same stock is a good buy because it got potential.

    So who to believe?

    Just remember these are all just opinions and not everyone will share them. How the market will go depends on which side has gotten the most money going for it. For all you know the people with the money to move the market just flipped a coin to decide on which opinion to support and it doesn’t really say who is right anyway!

    Simply learn to ‘fade the news’ – i.e. let the elephants end their stampeding before you go the water hole to drink. You might get lucky by rushing in as if there will be no tomorrow, but the regret is only yours when you get stomped into the ground.

  5. Don’t watch too many counters.

    In the wild, predators will observe just a few animals in a herd before they launch an attack. They don’t watch all the 1001 animals in the herd.

    Simply put, there are many counters on the stock exchange and if you watch too many of them, the chances are that you will end up making more bad decisions and end up losing in MORE of them than making the right decisions.

    Above which, why watch say, the hypothetical stock of Phua Chu Kang Pte Ltd, where no one would care or have any idea what it does, compared to SingTel, or StarHub?

    The sheer lack of activity – or liquidity – from Phua Chu Kang Pte Ltd and its slow moving may make you so tired you fall asleep and you end up not making the right decisions at the right time!

    Furthermore, a stock you have no idea about its core business or a stock that lacks the interest of the general public will not get very much mention anyway. The general public probably isn’t even interested in how the company is doing. On the other hand, you will know when SingTel or StarHub is making a profit or a loss, or when it is making certain major corporate moves which might impact stock prices. In simpler words, better the devil you know, than the devil you don’t.

These points are definitely not meant as a guideline on how you should trade or invest in the stock market. There are many books out there written by more qualified people to help you with that. (You might also want to read this site for some enlightenment as well.)

While those books won’t make you a millionaire, they would at least prevent you from turning into a bankrupt.

Finally, remember this: There is no easy money in the world, the stock market is not a casino and don’t trade stocks like a gamble. If you want to try your luck and look for easy money, just spend $1 every draw on 4D or TOTO. Your risk and maximum loss will just only be $1.

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