10 million population the real long term target?

April 30, 2013 by · 2 Comments
Filed under: Current Affairs and Politics 

Written by Ng E-Jay
30 April 2013

Is a 10 million population the real long term target of the Singapore government?

At a forum held last Saturday, organized by the Singapore Institute of Planners (SIP) and co-hosted by the National University of Singapore’s Department of Architecture, one of the panelists raised the possibility of having a 10 million population.

Singapore should look beyond 2030 and plan for a more distant future – perhaps even one with 10 million people,” said former chief planner Liu Thai Ker.

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Good people of Hougang save dog cruelly hunted by AVA

April 29, 2013 by · 2 Comments
Filed under: Current Affairs and Politics 

Written by Ng E-Jay
29 April 2013

Three big cheers to the good people of Hougang!

On 27 April, at around 10.30pm, some people in Hougang witnessed the horrifying spectacle of officers from the Agri-Food & Veterinary Authority of Singapore (AVA) hunting down a stray dog, and using cruel instruments such as a spiked rope to subdue and capture it. The stray dog had already been living in the community for years.

Around 50 Hougang residents rushed to the scene after they heard the dog’s pitiful cries for help. Shocked at the brutality of the methods used by the AVA officers to capture the dog, they intervened to protect the dog from harm.

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Boston of the East?

April 24, 2013 by · 5 Comments
Filed under: Current Affairs and Politics, Dr Wong Wee Nam 

By Dr Wong Wee Nam
24 April 2013

When Mr Lee Hsien Loong watched the news of the recent bombing at the Boston Marathon, he was inspired by the many stories of people behaving selflessly when faced with fear and danger. In his Facebook, he wrote, “If ever Singapore encounters an incident like this, may we have the courage and the humanity to respond with the same grace and unity as the Bostonians.”

How the people of a society behave depends on the society they grew up in. The cultural, the political and the social environments all play a part in the moulding of a people’s values and their attitudes towards the community.

Boston has generally been socially progressive and politically liberal. It is known for having a passion for politics. There is a great intellectual community and it is a place where progressive ideas are shared. It has a strong, vibrant arts community. There, gays are not frowned upon or criminalised.

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Has the secular bull market in gold ended?

April 22, 2013 by · Leave a Comment
Filed under: Economics, Finance 

As people gradually realize that gold is neither an insurance policy against the ill-effects of central bank money printing, nor a safe haven with which one can weather a crisis in the financial markets, psychology in gold will fundamentally shift. If, within the next few weeks, gold and silver do not re-take previous support levels with strong price action, we can safely conclude that the current secular bull market is over. The next one may be decades away. In the meantime, financial assets will outperform gold and silver and will be better long term investments.

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Bretton Woods, Gold, and the current monetary system

April 17, 2013 by · Leave a Comment
Filed under: Economics, Finance 

The current global monetary system is the first ever experimental, truly global fiat currency system totally unbacked by gold. In this article, I describe how this system evolved from the former Bretton Woods system established after World War II. Nicknamed Bretton Woods II, the current system has become notorious for engendering asset prices bubbles, periodic inflation, and general price instability.

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Humility needed for those entering or planning to enter public service

April 16, 2013 by · Leave a Comment
Filed under: Current Affairs and Politics 

Written by Ng E-Jay
16 April 2013

People in public service, or planning to enter public service, should be able to empathize with the common folk, develop skills of empathy and compassion, and above all, display a sense of humility.

Recently, an Overseas Merit Scholar (OMS) and President’s Scholar who studied Ethics, Politics and Economics at Yale University, made his sense of elitism known during a conversation with a colleague which has been posted online. The scholar had labelled his colleague as “Singapore Class“, which in the context of the conversation is understood to be “low class“. The scholar had also insinuated that hawker food was low class, or Singapore class.

The profile of this scholar can be found here, and the exchange between the scholar and his colleague can be found here.

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Gold and silver break multi-year support

April 16, 2013 by · Leave a Comment
Filed under: Finance, Investment 

Gold and silver have broken multi-year support. Usually, such a strong move down will lead to a quick counter-trend rally. However, I suspect that such rally will fade and new lows will be established. If the secular bull market is over, prices should slowly drift downwards and reach an eventual target of gold in the $700-$1000 range, and silver in the $10-$15 range.

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Grassroots organizations ought to have more social manners

April 15, 2013 by · 2 Comments
Filed under: Current Affairs and Politics 

Written by Ng E-Jay
15 April 2013

Our grassroots organizations, which are well-known for being highly partisan and subject to the influence of the ruling PAP, need to develop a greater sensitivity to the image they project and display more social manners.

On the morning of 07 Apr, Sunday, diners at the food court at Bishan Block 511 were asked to leave by people claiming to be reserving tables for an MP and grassroots volunteers. Tables were emptied to await the arrival of the MP, and the entire duration of the event lasted for two hours. This greatly inconvenienced patrons of the food court.

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A crisis of leadership at the PAP

April 11, 2013 by · 9 Comments
Filed under: Current Affairs and Politics 

(EDITORIAL POLICY: This article may NOT be reproduced on any blog or website, but link-backs or SNIPPETS with FULL attribution to this site are welcome and appreciated.)

Written by Ng E-Jay
11 April 2013

There is a crisis of leadership at the People’s Action Party (PAP). For many years now, the PAP has suffered from the lack of ability to recruit candidates of ministerial or MP caliber. The PAP’s self-renewal is under threat, as can be seen by the declining quality of candidates offered at each succeeding general election. There is a crisis of confidence in the PAP, and the matter is not going to be resolved anytime soon.

It is not surprising that things have turned out this way for the PAP, given that the party’s image has taken a severe beating in recent years. It is increasingly recognized that PAP’s policies have resulted in a declining standard of living and quality of life for Singaporeans, for example, overcrowding, structural underemployment faced by PMETs over the age of 40, lost of jobs and wage depression caused by having too much foreign labour, frequent breakdowns in the public transport system, and a property market that has gone haywire.

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SDP only interested to make life better for Singaporeans

Singapore Democrats

Some have wondered if the SDP’s citing of Mr Fandi Ahmad’s and Mr Terry Pathmanathan’s cases was because they were well-known Singaporeans.

This is not so. The Singapore Democrats have, in the past, also highlighted cases of Singaporeans who were not prominent at all.

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