Wednesday, April 25, 2007

Ministers, markets ...

.... and their pay.

The debate over Cabinet salaries is evidence of transparent and, by implication, good governance. What isn't so transparent are the bonuses also paid to Ministers. Okay, it's probably not a good thing to publicly humiliate a Cabinet Minister by revealing his low or zero bonus.

But, it seems that the size of the bonus is closely connected to hitting GDP growth targets. And, according to an impeccable source: Minister Mentor Lee no less, hitting the upper target in the predicted range of 4.5% to 6.5% depends on US consumer spending! Isn't that supposed to be the result of brilliant policy making? From million-dollar ministers?

Surely, then, if we want to be more certain of this beneficial outcome, we should pay the salary of US Federal Reserve Bank Chairman Bernanke. And also the members of the Open Markets Committee that decide on interest rates and money supply.

Let's set aside about S$15 million to be paid to these US Fed executives if they "help" us hit 6.5% GDP growth by keeping down US interest rates, thereby stimulating consumption!

Tuesday, January 09, 2007

Being cool ...

... isn't always easy. It's a bit more than having a great hair stylist, Armani jeans and a polyglot accent. Really intimidating people aren't that easily impressed. Like ... it's gotta come from inside:

  1. Don't sweat the small stuff and, in my experience it's mostly small stuff. You'll gain a lot of loving, funny and creative energy.
  2. Try not to be an ass, but when you are, quickly admit it, apologise and make restitution. You'll gain a lot of loving, funny and creative energy.
  3. Keep your eyes and ears open for selfish and stupid actions that need to be stopped at the start. It helps to keep your mouth shut. You'll gain a lot of loving, funny and creative energy
  4. If you have the misfortune to encounter not just the stupid, selfish and arrogant but the truly malicious, you'll have a lot of loving, funny and creative energy to deal with them. Forgiveness may not be an option, Allah may have to do that.

Too late for me ...

... but it might benefit others. Here's a really useful checklist from The New York Times :

Questions Couples Should Ask (Or Wish They Had) Before Marrying

Published: December 17, 2006

Relationship experts report that too many couples fail to ask each other critical questions before marrying. Here are a few key ones that couples should consider asking:

1) Have we discussed whether or not to have children, and if the answer is yes, who is going to be the primary care giver?

2) Do we have a clear idea of each other's financial obligations and goals, and do our ideas about spending and saving mesh?

3) Have we discussed our expectations for how the household will be maintained, and are we in agreement on who will manage the chores?

4) Have we fully disclosed our health histories, both physical and mental?

5) Is my partner affectionate to the degree that I expect?

6) Can we comfortably and openly discuss our sexual needs, preferences and fears?

7) Will there be a television in the bedroom?

8) Do we truly listen to each other and fairly consider one another's ideas and complaints?

9) Have we reached a clear understanding of each other's spiritual beliefs and needs, and have we discussed when and how our children will be exposed to religious/moral education?

10) Do we like and respect each other's friends?

11) Do we value and respect each other's parents, and is either of us concerned about whether the parents will interfere with the relationship?

12) What does my family do that annoys you?

13) Are there some things that you and I are NOT prepared to give up in the marriage?

14) If one of us were to be offered a career opportunity in a location far from the other's family, are we prepared to move?

15) Does each of us feel fully confident in the other's commitment to the marriage and believe that the bond can survive whatever challenges we may face?

Sunday, January 07, 2007

Divisive diversity

Robert D. Putnam, a distinguished political scientist and Carter administration official, waited for five years to release his research findings that ethnic diversity decreases trust and co-operation in communities.



In the presence of [ethnic] diversity, we hunker down. We act like turtles. The effect of diversity
is worse than had been imagined. And it’s not just that we don’t trust
people who are not like us. In diverse communities, we don’t trust
people who do look like us.

—Harvard professor Robert D. Putnam

Could this American research apply to multicultural Singapore? Perhaps the overarching "Asian" identity helps to overcome our cultural biases. Using English as the common and neutral language almost certainly helped. Still, Professor Putnam does make some strong arguments.

Steve Sailer's article in "The American Conservative" also has some politically incorrect observations on trust and how its built. Not easily.





Fragmented Future



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Thursday, January 04, 2007

Theism and its antonym.

Strangely enough, the antonym of theism is a-theism. So, the religious and their leaders should try to understand clearly what "theism" means, especially to themselves, before they get too excited at "a-theist" arguments.



Of those who seem not conventionally religious or attracted to organized religions, many would deny accusations of being irreligious. They aren't, and religous leaders could, with mutual increases in understanding, make more serious attempts at dialogue with prominent atheists like Daniel Dennet and Richard Dawkins.



On Faith: John Shelby Spong: Human Definitions of God Need Revision



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Saturday, December 30, 2006

Living electromagnetic fields.

There is a popular confusion that because something works, we understand well how it works and, conversely, that when we cannot explain something clearly that it probably doesn’t work. There is actually no connection between understanding and effective action which depends solely on careful observation of the results. An accurate record of results is all that is required to recognise emerging patterns of connections between actions and results and that is sufficient to prescribe actions for desired results. Knowing why there are such connections is helpful but not necessary.

Does this mean that research is useless? No, if something works, surely it seems sensible to investigate it. But, inconclusive investigations are not grounds for abandoning effective action although we should now be more cautious in our claims.

Natural energy fields exist because life is not just chemical but also electromagnetic. Where there is electromagnetism, Maxwell’s equations predict the existence of electromagnetic fields. James Clerk Maxwell brilliantly analysed Michael Faraday’s experiments with electricity and magnetism to unify the two forms of energy into only four elegant mathematical equations. Maxwell crystallised the idea of energy fields: the basis of all modern physics.

So, natural energy fields exist. So what? So, no investigation of life is complete without an understanding of its energy fields. It’s true that these are subtle phenomena not easily investigated with current instruments and methods but that was also true of biochemistry. The right analytical tools were found for studying biochemistry and we now know the details of many life processes. The same will happen for natural energy fields.

Thursday, December 21, 2006

Thaksin better?

The leaders of the military coup that forced out the legally-elected government of Thaksin Shinawatra over alleged tax irregularities, are discovering that running the country is a lot harder than criticising him.

Bold exchange control measures to slow the rise of the Thai Baht wiped out US$23 billion of the market capitalisation of a rather small market leading to an immediate rescission of those measures. Perhaps they should get some advise from Thaksin.

Wednesday, December 20, 2006

Flooding and meritocracy

Despite spending approximately US$ 1 billion on flood alleviation schemes since 1982, Singapore still has 134 hectares of flood prone land. When 366mm of rain crashed down on Singapore on December 18 2006, some of these areas were submerged up to 0.5 m. The forces of nature, you can't fight them even if, as the Public Utilities Board, you were named Water Agency of the Year at the Global Water Awards 2006. more

Well, I guess they did rather well when the same 366mm of rain fell on South Johore, Malaysia, causing floods of up to 5m, or ten times the depth of inundation in Singapore. The IHT, Asia has more

I don't know whether it pays to be small or to have "affiramtive action" planners and engineers, or both. Go figure ...

Sunday, December 17, 2006

Being alive and staiying that way.

Hi All and welcome!
  1. I'm a patriot but not political. There is a difference between the nation, its government and the ruling party. I'm loyal to the first, critical of the second and have no wish to be associated with the third or any political party.
  2. We live in a dangerous neighbourhood. Indonesia is a failing or already failed state that cannot deliver good governance to its people. Malaysia is constitutionally divided and no nation can be built without unity. Consequently and regretfully, and despite our high diplomatic profile in international organisations, this means a muscular military.
  3. Power is a matter of perception and wars mostly result from miscalculation. Hence, a proper display of both diplomatic and military power increases the chances of not using it and enhances security.
  4. The converse is also true. Maintaining a respectful silence during Singapore-bashing in the regional media, as our neighbours mistakenly prefer, may lead to a deluded superiority and unnecessary aggression requiring a violent correction which no one wants.
  5. Opinions are can be about physical events, what actually occurred and how we understand them. These can be debated when the events are stated.
  6. Otherwise they become pure mental constructions like ideas, or worse, biases which cannot be debated. No evidence means no argument, only assertion.
  7. Those preaching hatred should not be silenced but answered with rational arguments.
  8. Deliberate mis-statements about events which did not take place are lies. Lies are not opinions and liars should be exposed whenever they disguise their lies as opinion..
  9. Having seen a little of their effects at close hand, I fear and detest modern weapons; but, sadly, others do not.
  10. Those inciting violence may change their views if they experience it directly.
  11. I've no quarrel with those who wish to meet their God; but taking along anyone else is unacceptable. I support those who are arranging for these zealots to meet God; but by themselves.
  12. An overwhelming majority of these sad and dangerous people are financed by oil revenues. High oil prices mean more money for hatred and violence. We must conserve energy and reduce our oil dependence. Saying: "Never mind, I can afford it." is a delusion; we can't afford suicide bombing.

Thursday, August 24, 2006

GDP or Gini?

Is our vision for our economic future over-focused on GDP?