Dr Tan Cheng Bock believes the PAP government decision on PE 2017 will affect the outcome of the next General Election. Dr. Tan also indicates his intention to train potential good members of parliament.
Is he saying the People’s Action Party will lose more seats in time to come? And the current MPs, including NMPs and NCMPs, are not up to standard. Perhaps, both are valid statements.
Is this a game changer for politics in Singapore?
To make the statements valid, there will be a need of a true awakening of English educated elite answering to Dr Tan’s calling. Judging from the more than 150 people turning up to listen to Dr Tan, how do we make assessment whether there is an awakening and self conscience?
[No more Chinese educated elite] When I attended Chinese schools many years ago, about one-thirds of Singapore students were in Chinese schools. Since then the enrolment declined till zero and now there is no more Chinese schools in Singapore.
As reported, Temasek Holdings owned Fullerton Fund Management is to manage S$23 billion of NTUC Income’s assets. From a policy holder’s point of view, the applicable rule of ‘high risk high returns’ will result to higher risk factor for NTUC insurance products. Fullerton is a specialist in Asian emerging markets and NTUC Income is an insurance company. Insurance has to be risk aversion to protect policyholders and so adopts ‘conservative and dividend’ portfolio strategy. While Fullerton is looking for growth and aggressive higher risk/return. By appointing Fullerton as fund manager, NTUC Income is expecting higher returns but also higher risk. Will this partnership affect the relevant benefit of Income policyholders? Statements and press report have not mentioned the risk factor but only the positive win-win outcome for both companies minus policyholders. [CPF Board and Temasek Holdings] In a similar situation, it is like CPF Board indirectly (through government bonds) appointing Temas…
[Lessons from Mugabe] The downfall of Robert Mugabe was a major international news recently. Robert Mugabe resigned under pressure from his own (ruling) party and possible impeachment from parliament. [The apparent relief of many Zimbabweans caps six days of uncertainty in the country, in which Mugabe heard — and largely ignored — calls for his resignation from his own ruling ZANU-PF party anddemonstrators in the streets. Then, the capper: On Sunday, even Mugabe's own ZANU-PF party voted to remove him and his wife, Grace, and appoint the recently ousted vice president, Emmerson Mnangagwa, as the head of the party in his stead. That's when the party issued its ultimatum: Step down, or you will be impeached. (NDP (US))
[In his resignation letter, Mugabe tried to depict his decision to step down as voluntary, a generous gesture to allow for a smooth transfer of power. The announcement halted impeachment proceedings that had already been launched against him by parliament. It’s a …