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10-12-2013, 03:38 PM
(This post was last modified: 10-12-2013, 03:39 PM by specuvestor.)
(10-12-2013, 01:38 PM)Some-one Wrote: (10-12-2013, 09:29 AM)NTL Wrote: I don't understand why this thread becomes anti-policy or anti-FT/FW. This is simply a case where people get too rowdy and forget that they are in Singapore.
If you still don't understand how it can happen, please visit the area at 9pm during weekend.
I don't know why but I feel the net is getting worse and worse. That is the price of too much freedom. Imagine what would happen if the same freedom is given in real life? Fortunately, in the real world, there are law to control. Simple things as written by you can escalate into anti-*. Luckily you are here in VB and not some other places.
Those committing the acts are non juveniles who travelled miles to earn a living. These are unlikely spur of the moment but suppressed angst. We now know that this is actually an "internal affair". The pte bus is actually a hired bus from their Avery Lodge Dorm. They were angry with the death of a co-worker rather than some anonymous person on the street.
Why they turn onto the police and ambulance is the bigger issue. I don't think it is just a "simply" case. Mohamed Bouazizi is not an isolated case either. I don't think we should blame the government for everything under the sun nor be anti-FW at this point, but IMHO this is a symptom of the problem of having huge influx of FW without considering carefully the consequences. Ditto for casinos and the 6.9m population white paper.
This is a value forum, so we should probably be able to rationally whether there is something fundamentally wrong with the policies. When principles are wrong, things can go very wrong.
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
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(10-12-2013, 03:38 PM)specuvestor Wrote: (10-12-2013, 01:38 PM)Some-one Wrote: (10-12-2013, 09:29 AM)NTL Wrote: I don't understand why this thread becomes anti-policy or anti-FT/FW. This is simply a case where people get too rowdy and forget that they are in Singapore.
If you still don't understand how it can happen, please visit the area at 9pm during weekend.
I don't know why but I feel the net is getting worse and worse. That is the price of too much freedom. Imagine what would happen if the same freedom is given in real life? Fortunately, in the real world, there are law to control. Simple things as written by you can escalate into anti-*. Luckily you are here in VB and not some other places.
Those committing the acts are non juveniles who travelled miles to earn a living. These are unlikely spur of the moment but suppressed angst. We now know that this is actually an "internal affair". The pte bus is actually a hired bus from their Avery Lodge Dorm. They were angry with the death of a co-worker rather than some anonymous person on the street.
Why they turn onto the police and ambulance is the bigger issue. I don't think it is just a "simply" case. Mohamed Bouazizi is not an isolated case either. I don't think we should blame the government for everything under the sun nor be anti-FW at this point, but IMHO this is a symptom of the problem of having huge influx of FW without considering carefully the consequences. Ditto for casinos and the 6.9m population white paper.
This is a value forum, so we should probably be able to rationally whether there is something fundamentally wrong with the policies. When principles are wrong, things can go very wrong.
Very well said. Don't expect anyone to admit something which will unjustify his/her salary.
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Yes, beware and be warn.
Just like investing, if your principles of investing are wrong in the first place, i don't think you can survive long in the Market.
And i always believe our investment principles even if it's sound can not over ride our country's politics. In other words, our money(aka investments) and our country's politics can never be separated. In fact i think our country's politics are more important then anything, as it will decide our fate and our future generations fate.
No?
So if you have to speak out, speak out without fear or favour. If you make a mistake, apologise and move on.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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(10-12-2013, 12:20 PM)minimax Wrote: (10-12-2013, 09:29 AM)NTL Wrote: I don't understand why this thread becomes anti-policy or anti-FT/FW. This is simply a case where people get too rowdy and forget that they are in Singapore.
If you still don't understand how it can happen, please visit the area at 9pm during weekend.
Lee Hsien Long must be the most suay prime minister in the history of Singapore.
1) During Goh Chok Tong's times, Singapore where got strike OR riot? Now, we have both strike AND riot.
2) During Goh Chok Tong's times, only roads get flooded. Now, expressways also kenna flooded.
3) During Goh Chok Tong's times, foreign talent are expensive talent that only MNCs can afford to hire. Now, foreign talent has become so cheap that any kuching kurap SMEs can afford to hire them by the boatload.
4) During Goh Chok Tong's times, 50-year floods occur once every 50 years. Now, we have 50-year floods occurring twice in the space of a month.
5) During Goh Chok Tong's times, only SMCs vote in opposition MPs. Now, GRC also vote in opposition MPs.
6) During Goh Chok Tong's times, the govt was busy setting high expectations (remember Goh Chok Tong and his vision of Swiss standard of living for Singapore?). Now, the govt is busy BERATING people for having high expectation.
the 'asset enhancement' policies of that era set Singapore by a decade...and we are still suffering from the effect of it.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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Hope this riot will not cause investors expecting higher investment risk premium from Singapore.
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10-12-2013, 07:00 PM
(This post was last modified: 10-12-2013, 07:40 PM by Some-one.)
(10-12-2013, 03:38 PM)specuvestor Wrote: (10-12-2013, 01:38 PM)Some-one Wrote: (10-12-2013, 09:29 AM)NTL Wrote: I don't understand why this thread becomes anti-policy or anti-FT/FW. This is simply a case where people get too rowdy and forget that they are in Singapore.
If you still don't understand how it can happen, please visit the area at 9pm during weekend.
I don't know why but I feel the net is getting worse and worse. That is the price of too much freedom. Imagine what would happen if the same freedom is given in real life? Fortunately, in the real world, there are law to control. Simple things as written by you can escalate into anti-*. Luckily you are here in VB and not some other places.
Those committing the acts are non juveniles who travelled miles to earn a living. These are unlikely spur of the moment but suppressed angst. We now know that this is actually an "internal affair". The pte bus is actually a hired bus from their Avery Lodge Dorm. They were angry with the death of a co-worker rather than some anonymous person on the street.
Why they turn onto the police and ambulance is the bigger issue. I don't think it is just a "simply" case. Mohamed Bouazizi is not an isolated case either. I don't think we should blame the government for everything under the sun nor be anti-FW at this point, but IMHO this is a symptom of the problem of having huge influx of FW without considering carefully the consequences. Ditto for casinos and the 6.9m population white paper.
This is a value forum, so we should probably be able to rationally whether there is something fundamentally wrong with the policies. When principles are wrong, things can go very wrong.
Well, don't you think there is a lot of assumptions from you? You are saying that it is a suppressed angst. How do you know? Your own experience or you actually know the workers? You are saying that in your opinion, it is a symptom of having huge influx. How do you know? I'm fine if you keep it as your opinion but without knowing anything, let's not assume so many things and just listen quietly to the news.
It is this type of assumption that cause a lot of conflicts. No one knows except the workers themselves. You can claim that the government is bluffing you on all aspects. That is your choice. If there are no trust, nothing people say would change your interpretation.
One more thing. Since you link it to value forum which is related to value investing. Isn't it true that hindsight is always 100% correct?
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Latest update on the riot
Little India riot suspects charged
SINGAPORE — Twenty-four Indian nationals who were involved in the riot at Little India on Sunday were charged in court for rioting this afternoon (Dec 10).
The case has been adjourned for a further mention on Dec 17. The men, who all appeared in a sombre mood as they appeared before Judge Soh Tze Bian, will continue to be remanded at the Police Cantonment Complex for investigation.
The Judge allowed lawyer Amarick Gill of the Law Society’s Pro Bono Services Office, who appeared in court, permission to inform the accused that it was working to secure legal representation for all of them through its Criminal Legal Aid Scheme.
The Prosecution also informed the Court that the Indian High Commission had already informed the accused of avenues for legal representation.
Speaking to reporters later, a Law Society spokesperson said it will work with the High Commission to provide legal aid and representation to the men.
In a statement this morning, the police said further investigations revealed four of the 28 men who had been arrested in the case were not involved in the incident. The four — a Singapore Permanent Resident, an Indian national and two Bangladeshis — have since been released from Police custody.
If convicted, the 24 men face up to seven years imprisonment, and with caning.
http://www.todayonline.com/singapore/lit...ts-charged
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(10-12-2013, 03:38 PM)specuvestor Wrote: (10-12-2013, 01:38 PM)Some-one Wrote: (10-12-2013, 09:29 AM)NTL Wrote: I don't understand why this thread becomes anti-policy or anti-FT/FW. This is simply a case where people get too rowdy and forget that they are in Singapore.
If you still don't understand how it can happen, please visit the area at 9pm during weekend.
I don't know why but I feel the net is getting worse and worse. That is the price of too much freedom. Imagine what would happen if the same freedom is given in real life? Fortunately, in the real world, there are law to control. Simple things as written by you can escalate into anti-*. Luckily you are here in VB and not some other places.
Those committing the acts are non juveniles who travelled miles to earn a living. These are unlikely spur of the moment but suppressed angst. We now know that this is actually an "internal affair". The pte bus is actually a hired bus from their Avery Lodge Dorm. They were angry with the death of a co-worker rather than some anonymous person on the street.
Why they turn onto the police and ambulance is the bigger issue. I don't think it is just a "simply" case. Mohamed Bouazizi is not an isolated case either. I don't think we should blame the government for everything under the sun nor be anti-FW at this point, but IMHO this is a symptom of the problem of having huge influx of FW without considering carefully the consequences. Ditto for casinos and the 6.9m population white paper.
This is a value forum, so we should probably be able to rationally whether there is something fundamentally wrong with the policies. When principles are wrong, things can go very wrong.
I guess to achieve economic progress, is simply not as easy as mass-importing FTs and business into this island. Businesses should be beneficial to the locals and FTs should not over-run the locals. There is social issues that need to be considered. If people are not happy, see wat will happen. Maybe people can suppress their unhapponess, but if there is a trigger point, I certainly do not wish nasty happen. And yes, all these policies will affect the stock market. So investors should closely monitor the situation in the policital areana.
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10-12-2013, 10:47 PM
(This post was last modified: 10-12-2013, 10:49 PM by pianist.)
(10-12-2013, 04:46 PM)opmi Wrote: (10-12-2013, 12:20 PM)minimax Wrote: (10-12-2013, 09:29 AM)NTL Wrote: I don't understand why this thread becomes anti-policy or anti-FT/FW. This is simply a case where people get too rowdy and forget that they are in Singapore.
If you still don't understand how it can happen, please visit the area at 9pm during weekend. Lee Hsien Long must be the most suay prime minister in the history of Singapore.
1) During Goh Chok Tong's times, Singapore where got strike OR riot? Now, we have both strike AND riot.
2) During Goh Chok Tong's times, only roads get flooded. Now, expressways also kenna flooded.
3) During Goh Chok Tong's times, foreign talent are expensive talent that only MNCs can afford to hire. Now, foreign talent has become so cheap that any kuching kurap SMEs can afford to hire them by the boatload.
4) During Goh Chok Tong's times, 50-year floods occur once every 50 years. Now, we have 50-year floods occurring twice in the space of a month.
5) During Goh Chok Tong's times, only SMCs vote in opposition MPs. Now, GRC also vote in opposition MPs.
6) During Goh Chok Tong's times, the govt was busy setting high expectations (remember Goh Chok Tong and his vision of Swiss standard of living for Singapore?). Now, the govt is busy BERATING people for having high expectation. the 'asset enhancement' policies of that era set Singapore by a decade...and we are still suffering from the effect of it. got fengshui master told me before lhl was born in the year of water dragon. this is not the majestic dragon or fire dragon..but more like a those dragon found in a drain..more like a water snake than dragon
the omen isn't good
anyway back to the topic, my best guess is that the workers same as many other locals on this island, may find it ridiculous that the penalty for reckless driver that caused road death of law abiding pedestrian is way too lenient relatively.
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8 more arrested over Little India riot
POSTED: 10 Dec 2013 22:09
SINGAPORE: As of 6am on Tuesday morning, eight more Indian nationals were arrested in the wake of the Little India riot on Sunday.
And more people may be apprehended in the coming days, said police in a news conference on Tuesday.
Authorities are also going to install more cameras in the vicinity of Race Course Road in the coming week to monitor the situation.
Along with increased police presence and the alcohol ban in Little India this weekend, they aim to ensure things remain calm and orderly.
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