Monday, August 07, 2017

Wisdom of the Crowd - new issues

Here are the new issues for you to vote.

a) Will there be a contest for the Presidential Election?
b) Should a by-election be called for Marsiling Yew Tee GRC after Halimah Yacob steps down?

Give your vote in www.wisdomofthecrowd.sg

Vote on the other issues and win a prize.
www.wisdomofthecrowd.sg/page/115

Reserved presidential election - three possible outcomes

There is a strong likelihood that the presidential election will be a walkover. This is how the Crowd will respond to the walkover.  20% will accept the outcome. 80% will be unhappy and will show their displeasure in one of three ways.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=181

If there is a contest between Halimah Yacob and Salleh Marican, this is how the Crowd would vote. 71% will spoil their votes and the remainder will be split between the two candidates. Halimah will get more votes than Salleh.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=139

If there is a contest between Halimah Yacob and Abdullah Tarmugi (a former minister), the spoilt vote will reduce to 60%, but Abdullah will get 7 times the votes given to Halimah. Perhaps he is perceived as being independent and more suitable than Halimah.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=186

Transport minister's statement is absurd

Transport Minister asked the journalists to fix the MRT breakdown, if they are so smart. (75 Votes )

80% consider his statement to be absurd.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=199

Halimah Yacob as candidate for reserved President

Just out. Here are the results of the voting on the question - "Will you accept Halimah Yacob as a candidate for the reserved Presidential Election? (71 Votes )".

Only 10% say "Yes". The others said "No" for several reasons.
Find out at:
http://www.wisdomofthecrowd.sg/chart.aspx?ID=198

Sunday, August 06, 2017

Acting for a foreign country to influence our foreign policy

I am quite puzzled about this accusation that the Prof Huang Jing is "acting for a foreign country to influence our foreign policy". (Disclaimer: I do not know Prof Huang Jing).

We need various sources of reliable information to conduct our foreign policy.

Our ambassadors are based in foreign countries and they have to talk to leaders and influential people (including think tanks) in those countries and convey their views to our government.

They also have to convey our government's views to these leaders and influential people, and get them to be on our side, i.e. to influence their foreign policy in our favor.

Similarly, the ambassadors of other countries based in Singapore have to contact our leaders and influential people. They will also have to convey the views of their government to our leaders and influential people and get our people to understand and be supportive of their foreign policy.

All these activities are part of diplomacy and should be treated as normally acceptable activities.

When our influential people get the feedback, they should pass them to our government leaders. It is the job of the government and foreign minister to decide on foreign policy after getting these feedbacks.

Surely our foreign minister is able to handle and evaluate the feedback? Surely Prof Huang is doing his job to provide the feedback to our government? Surely all feedback is meant to influence our foreign policy?

What did Prof Huang did wrong?


Wisdom of the Crowd - new issues

Here are two new issues for you to vote.

a) Will Li Shengwu be convicted of contempt of court?
b) Why don't the two governments introduce joint clearance at the causeway and 2nd link?

You will get this prize after voting on 10 issues.
www.wisdomofthecrowd.sg/page/115

Click on "Vote" to submit your vote.

Saturday, August 05, 2017

My view about the statement by Li Shengwu

Li Shengwu, the nephew of PM Lee, posted a comment that we have a "pliant court system". The Attorney General has taken a proceeding in court against this comment, which is alleged to be a contempt of court.

I consider this statement to be just a personal opinion. It is not interfering with the administration of justice. It is not directed at any specific judge.

This statement does not seem to fit into the offence of scandalising the court, as explained here:
https://en.wikipedia.org/…/Offence_of_scandalizing_the_cour…

Quote:
In Singapore, the offence of scandalizing the court is committed when a person performs any act or publishes any writing that is calculated to bring a court or a judge of the court into contempt, or to lower his authority. An act or statement that alleges bias, lack of impartiality, impropriety or any wrongdoing concerning a judge in the exercise of his judicial function falls within the offence.
Unquote.

Mr Li 's statement refers to a "pliant court system". It is the opinion of one person. Most thinking people will form their own opinion, based on their own experience and information from many sources. They are not likely to be influenced by the opinion of a single person. I do not think that Mr Li's opinion had that much of an influence, with due respect to him.

By taking this action, the government and Attorney General are now caught in a bind.

If the court finds the statement to be offensive, it might reinforce the belief of a pliant court system. If the court finds the statement to be just a personal opinion, it might show the court to be independant. It is ironic.

It is best for the Attorney General to drop this case and let the matter rest. Mr. Li had already corrected his posting and clarified that he did not intend to bring the court to disrepute.

Wisdom of the Crowd - results

Here are the results of the voting on these issues:

a) What are your views about the haze caused by forest fires in Indonesia?

Most respondents are unhappy with the limited action taken by the Indonesian authority.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=196


b) Do you accept the 2020 target on rail reliability set by the transport minister? (76 Votes )

Most respondents are unhappy with the approach taken by the transport minister.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=195

c) Do you like the Privacy and Data Protection Act (PDPA)? (63 Votes )

Most respondents do not like the PDPA.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=197




Wisdom of the Crowd - issues for voting

Here are the issues for your votes.

a) Professor Huang Jing is expelled for being an agent of influence for a foreign country. Which country?
b) How should Li Shengwu respond to the action taken by the Attorney General on contempt of court?

Give your votes in
www.wisdomofthecrowd.sg

Friday, August 04, 2017

Opt out of Eldershield?

Hi Mr Tan,
Do you think Eldershield is necessary since we already had Medisave and Medishield? I am thinking of opting out

REPLY
Here are the articles that I have written about Eldershield.
http://www.fisca.sg/Article.aspx?Keyword=eldershield

You have to join FISCA to read these articles.
www.fisca.sg/register.aspx

Voluntary no-pay leave

Singapore Airlines has to reduce its cost. It is now offering voluntary no-pay leave. This is a good approach to tide over a difficult period. It is also good to allow people to have more free time, if they can afford to take a reduced pay.

http://www.channelnewsasia.com/…/singapore-airlines-offers-…

Crowd votes on the issues involving Aljunied Hougang Town Council

Here are the results of the voting on two issues involving the Aljunied Hougang Town Council.

a) Is it proper for an independent panel to be appointed to look into the lapses in Aljunied Town Council? (71 Votes )

Only 13% agrees with this approach. The remainder does not agree.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=194


b) Is the proper for the independent panel to sue the Aljunied MPs to recover the improper payments? (72 Votes )

Only 3% agrees with this action.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=193

Click on the links to view the results.

Click here to vote on the other issues that are still active.
www.wisdomofthecrowd.sg

Thursday, August 03, 2017

Wisdom of the Crowd - new issues for voting


Here are the issues for your voting:

a) Is Lee HL practicising double standard when he did not sue his siblings for defaming him?
b) Will US sanctions against Russia lead to a trade war or serious conflict?
c) Should taxis be allowed to deliver goods for ecommerce companies?

Give your vote in www.wisdomofthecrowd.sg
You will win a prize for voting

Wisdom of the Crowd - results

Here are the results of the voting under The Wisdom of the Crowd.

a) What will you do if the elected President is a walkover? (64 Votes )

Only 20% will accept the results. The remainder will protest against the walkover in several ways. It will reflect badly on Lee HL.
http://wisdomofthecrowd.sg/chart.aspx?ID=181

b) Is it proper for Halimah Yacob to be accepted as a candidate for Presidential Election (70 Votes )

Only 6% find her suitable. 50% consider her to be unsuitable for one of a few reasons. The others said that she should not be elected through a walkover.
http://wisdomofthecrowd.sg/chart.aspx?ID=182






Do not be misled by this kind of dishonest sales marketing

Hi Mr Tan,
Recently an representative from X (an insurance company) approached me who trying to is sell a unit trust plan that allows investor to collect dividends til death (Sounds interesting, so is it the case if everybody buy this then no need CPF LIFE?)

Read the details of this policy and my reply here.
http://www.fisca.sg/ArticleDisplay.aspx?ID=504

I advised the consumer - DO NOT BE MISLED BY THIS KIND OF DISHONEST SALES MARKETING.

Wednesday, August 02, 2017

Wisdom of the crowd - Results

The results of the voting is now available for viewing.

a) Why does the government waive the levy for employment pass holders? (66 Votes )

62% said that they should introduce the levy for employment pass holders. The other 38% identified 2 reasons for the government's decision to waive the levy.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=192

b) Why do employers prefer foreigners when Singaporeans are willing to do the job? (69 Votes )

61% said that foreign workers are cheaper. But the other 39% gave other reasons.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=191

Give your votes on the these current issues:
www.wisdomofthecrowd.sg






Tuesday, August 01, 2017

HDB flats have no value at end of 99 years

Only 18% consider it fair that the value of HDB flat wil be $0 at the end of 99 years. The others felt that this is unfair. You can read their reasons here.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=174

Wisdom of the Crowd - new issues

Here are new issues for voting:

a) Why does the government take so long to reduce the jam at the causeway?
b) Will a joint immigration clearance help to reduce the jam at the causeway and second link

You can submit your vote at
www.wisdomofthecrowd.sg

You can win a prize for voting.

A little know secret can help you to earn much more

Young people should pay attention to this little known secret.
It can help them to get much more from investing their savings for retirement.
If they buy a bad financial product, a large part of the accumulated savings will be taken away.
If they know this little known secret and invest in the right product, they can keep most of the accumulated savings for themselves.
http://www.fisca.sg/ArticleDisplay.aspx?ID=497

Monday, July 31, 2017

Performance Trend for ministers and agencies - update

The performance score of many ministers and agencies continue to drop with the latest scores (30 July), but there are some exceptions. Who are these exceptions?

After viewing them, click on "Submit Your Vote" to express your views.
http://www.wisdomofthecrowd.sg/ChartJS.aspx

Vote these issues

Here are the active issues that you can vote on and win a prize.
http://www.wisdomofthecrowd.sg/active_issue.aspx

Wisdom of the Crowd - Results

You can view the results of the voting on these issues:

a) Should the government provide regulations on shared bikes? (59 Votes )
22% said that this should be left to private enterprise but the others identified the areas that should be regulated.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=190

b) Where is the best place to leave a shared bike, e.g. Ofobike? (66 Votes )
Nearly half said that the bikes should be left at designed places.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=189

c) Do we have to pay high salaries to attract talented people into politics? (62 Votes )
Only 5% agree with the current policy of paying high salaries. The other 95% strongly disagree.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=187

d) What do you think about the collapse of the PIE viaduct? (58 Votes )
A large majority blame the government agencies for the collapse.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=188




Sunday, July 30, 2017

Should I move to an Integrated Shield plan?


Mr. Tan
I am now insured under Medishield Life. An agent asked me to move to an Integrated plan. Should I move?

REPLY
You can find the answer here
http://www.fisca.sg/ArticleDisplay.aspx?ID=503

Wisdom of the Crowd - issues for voting

Here are the new issues for you to vote:

a) Would you accept Halimah Yacob as a candidate for the reserved Presidential Election? 0
b) Transport Minister asked the journalists to fix the MRT breakdown, if they are so smart.

Vote here:
www.wisdomofthecrowd.sg

You will win a prize for submitting 10 votes.

Walkover for the reserved Presidential Election?

There is a strong likelihood that the reserved presidential election will be a walkover. How does the Crowd feel about it?
You can see their views here. Lee HL should worry about the outcome.

http://www.wisdomofthecrowd.sg/chart.aspx?ID=181

Saturday, July 29, 2017

Deplorable reply from transport minister

Transport minister Khaw BW held a media briefing to announce the rail reliability target for 2020. The journalists asked him some questions about the current train breakdown in Singapore.

The minister chided the journalists. He said that it is not easy to fix the engineering problems. He challenged them to try to solve the problem if they are so smart.

I find the minister's remarks to be deplorable. The journalists are required to do their job as journalists. They are not supposed to be experts in engineering.

The transport ministry, the Land Transport Authority and the train operators are supposed to employ the engineering experts. They are supposed to identify the problems and to find the solutions.

The correct benchmark is the breakdown frequency of other train systems around the world. Do these train systems break down as often as has happened in Singapore. Some of these systems are older than our train system.

If our engineers are not up to mark, the transport minister should look for other engineers to fix the problem. He should not rely on journalists to give him the solution.

It is absurb for the minister to speak in this manner.

Sad to say, this is the quality of the ministers and the top officials that are appointed by PM Lee HL to run Singapore. It seemed that paying top salaries, in the millions of dollars, does not provide the answer.

We do need a change of government.

Wisdom of the Crowd - results

Here are the results of voting on these issues:

a) Was PM Lee's attendance at the G20 meeting good for Singapore? (65 Votes )

This is what the Crowd thinks. It does not look good for PM Lee.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=175

b) Do you accept that HDB flats will have no value at the end of the 99 year lease? (71 Votes )

Only 18% accept this outcome to be fair. The remainder felt otherwise. Look as their reasons:
http://www.wisdomofthecrowd.sg/chart.aspx?ID=174

Friday, July 28, 2017

Should I buy an integrated Shield plan?

I have often been asked - should I buy an integrated Shield plan and which should I buy?

My answer is simple.

If you are affluent and well off, you can buy an integrated Shield plan. Your total life time cost could be much higher, but it does not matter, because you can afford the high premiums and you want the best for yourself. You are also able to choose your own doctor to treat you.

But, if you are not well off, you should read the following article.
http://www.fisca.sg/ArticleDisplay.aspx?ID=502

Changes to PDPA

It looks like the Privacy and Data Protection Act (PDPA) has led to cumbersome outcomes. The proposed changes to the PDPA seeks to address the unnecessary obstacles for business to operate efficiently.

I have a lot of complaint about the PDPA. It is supposed to help consumers. But it turned out to be causing stress to consumers.

For example, if I telephone a company, I get a lot of unnecessary mesages.that give stress to me. I have heard the same message a few thousand times. Each time, it takes 1 minute of my time.


I still get marketing calls from overseas. The PDPA is supposed to stop these calls. But it is not working.

http://www.todayonline.com/…/companies-may-use-customers-pe…

Has the problem caused by haze reduced?

Has the problem caused by haze reduced in recent years? Give your views here.
www.wisdomofthecrowd.sg

Reserved Presidential Election

Who will you vote in the President Election - Halimah or Abdullah? (64 Votes )

If Adbullah Tarmugi, former speaker and former minister, stands as an independent candidate against Halimah Yacob, endorsed by PAP?

View the results in
http://www.wisdomofthecrowd.sg/chart.aspx?ID=186

Thursday, July 27, 2017

Give your votes on these issues concerning Aljunied Town Council

Here are two new issues on Aljunied Town Council for your votes.

a) Is it proper for an independent panel to be appointed to look into the lapses in Aljunied Town Council?
b) Is the proper for the independent panel to sue the Aljunied MPs to recover the improper payments?

Give your vote in www.wisdomofthecrowd.sg

Performance of ministers and agencies

It is quite worrisome to see all the lines going down. They measure the performance of the ministers and agencies. As more people started to vote here, the results are dropping, dropping.

At some point, the results will turn up. But meanwhile, it keeps moving down.

This will be worrisome for Lee HL as well.

http://www.wisdomofthecrowd.sg/ChartJS.aspx

You can click on "Submit Your Vote" and your vote. Hopefully, your vote will be more positive and help to turn the trend up.

You can win a prize after submitting your votes on all the ministers and agencies.

Wisdom of the Crowd - results

View the results of the voting in The Wisdom of the Crowd.

a) What cause the high divorce rate in Singapore (63 Votes )
The results are quite surprising. Look and see for yourself.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=183

b) Will the dispute between India and China over the Himilayan terrirtory lead to armed conflict? (60 Votes )
The results say - no war.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=185

c) Which is your favorate TV channel (60 Votes )
Wow! 67% hardly watch TV. This is bad for the TV stations.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=184

Submit your votes on the current issues and win a prize.
www.wisdomofthecrowd.sg

Look beyond the Workers Party MPs

Someone said that the lapses by the Aljunied MPs (from the Workers Party)  in running the town council will give a bad name to the opposition parties. The voters will be afraid to vote for opposition parties in the future.

I disagree with this view. In fact, I empathise with the Aljunied MPs. They were given a very difficult task.

When the WorkersPafrty won over the Aljunied constituency, there were faced with termination of contracts by the existing contractors, the termination by the managing agent and the withdrawal of the town council computer system.


They have to find alternatives within a short time. If not, who is going to clear the rubbish and clean the estates?

I cricitize the PAP government for creating this terrible state of affairs. It is terrible for them to make the MPs handle the work of the town council and to get a system where the existing contractors can hold the new MPs to ransom.

I find it deplorable for the PAP government to behave in this manner, without regard for the interest of the residents and ignoring their wish for a change in the people elected to represent them.

All this manipulations will not contribute towards improving the lives of the people and addressing the issues that they face in their daily lives.

I hope that the people all over Singapore will remember who is responsible for creating this mess and not be fooled into criticising the Aljunied MPs, who did their best under very difficult circumstances. Let us look at what cause this bad situation to arise in the first place.

Tuesday, July 25, 2017

New issues for voting

Here are job related issues for voting in The Wisdom of the Crowd.

a) Why does the government waive the levy for employment pass holders?
b) Why do employers prefer foreigners when Singaporeans are willing to do the job?

Vote in www.wisdomofthecrowd.sg

Monday, July 24, 2017

Display the Sequential Stop Number in Bus

This email is sent to Mr. Khaw Boon Wan in the Ministry of Transport. Will I get a reply or will this suggestion be totally ignored?

Dear Minister,

I enclose a suggestion for your consideration.
Please pass it to the Land Transport Authority.
Please ask your assistant to acknowledge receipt of this email.
Thank you.

http://www.tankinlian.com/ArticleDisplay.aspx?ID=1392

Bought an unsuitable life insurance policy

Many young people approach me for advice AFTER they have bought a life insurance polity that they find later to be unsuitable. It is already too late. Here is my tip on what they can do.
http://www.fisca.sg/ArticleDisplay.aspx?ID=499

Wisdom of the Crowd - results

The voting on these issues are now ready for viewing.

a) Is the law applied fairly in Singapore? (69 Votes )

Half of the Crowd said that we have two standards. This is really sad.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=179

b) Should a person be charged for describing our court as being "pliant". (69 Votes )

More than half said "no". They gave their reasons.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=178

You click here to vote on the current issues:
www.wisdomofthecrowd.sg




Sunday, July 23, 2017

Tips for young people - should I continue my life insurance policy?

I have often received an email from a young person who bought a life insurance policy recently and now have second thoughts about the policy. They asked me for my view on whether they should terminate the policy.

I find it difficult to answer this question.
Read more.
http://www.fisca.sg/ArticleDisplay.aspx?ID=499






Avoid the same mistake made by this young NS man

Dear Mr Tan,
I had bought a Pruflexicash policy in March this year. I was told to listen to their talk for a 5 dollar NTUC voucher, therefore felt more obliged. The adviser talked to me about many benefits of the policy including showing me the percentage difference between investing in the bank compared to their savings plan.
I have already given 10 months worth of premiums.

After having financial difficulties recently due to NS, I realized that i had made a big mistake after going online and finding out many flaws with the plan. I realized i did not really understand the plan. and I could have used the money in a better way.

Currently, I have told the adviser i want to stop the plan but she told me I would have to surrender the money already collected. I am financial difficulty and don't know how to get the money back. If there is any advice you could give I would be very thankful.


Dear
There is no way you can get the money back. You have lost all the 10 months premium.
You can see if you will lose more by continuing the policy, or if you can get some of it back after two years.


Tip
For young people who have not fallen into this trap. it is best to avoid it. Here is a little known secret that can change your financial future.
http://www.fisca.sg/ArticleDisplay.aspx?ID=497




Replace the disastrous BTO system for building HDB flats

The BTO (build to order) system is very stupid. It is very bad. It forces familes to wait for another 3 to 4 years to get married. By that time, they will be in their mid 30s.

The waiting time could be reduced to less than 1 year, if the government builds the HDB flats in advance.

There is little risk of building in advance with public demand. There is a guaranteed demand for 20,000 new flats every years. In a recession, this demand may slow down but only for a year or so. The pent-up demand will take up the over supply when the economy turns around.

Read more about this common sense approach here:
http://www.tankinlian.com/ArticleDisplay.aspx?ID=1390

CECA was a disaster for Singapore

DPM Tharman had said it. "Wrong to have free flow of people".
He is admitting that the free flow of professionals under the CECA (Comprehensive Economic Cooperation Agreement with India) was a big mistake. In fact, a disaster.
But, he did not say who was responsible for this disaster. The PAP never admit their mistake.
The biggest mistake is to appoint inexperienced people to run big ministries and government agencies. The people who negotiated the CECA agreement probably fall into this category.

Quote:
Singapore has been one of the strongest advocates when it comes to the free flow of goods and services, but there must be limits to the movement of people.

Otherwise there will be less push for businesses to be more productive, and "more fundamentally, you become a society where people don't feel it's their own society", said Deputy Prime Minister Tharman Shanmugaratnam yesterday at an economics forum in India.

"This is a reality not just because of (President Donald) Trump in the US or Brexit in UK. It is a reality all over the world,'' he said when asked a question about tighter restrictions on Indian professionals moving to Singapore.
Unquote

Wisdom of the Crowd - new issues for voting

New issues for voting in The Wisdom of the Crowd.

a) Should the government provide regulations on shared bikes?
b) Where is the best place to leave a shared bike, e.g. Ofobike?

Vote in
www.wisdomofthecrowd.sg

Win a prize by submitting 10 votes, 20 votes, etc

Saturday, July 22, 2017

Is this a beter method to buy the STI ETF?

Dear Mr Tan,
I wish to seek your opinion on a concept for buying STI ETF more profitably.

Currently, there are a few Dollar-cost averaging monthly investment plans by different financial institutions. On a fixed day of each month, the financial institution will buy shares/ STI ETF on their customers' behalf. For Poems, it is on the 18th of each month. For OCBC, it is on 22th of each month.

Since they buy the shares in bulk on the 18th and 22th on each month, it is logical that the STI will rise slightly if their buying volume is high enough. This is especially so as most of the shares that they offer for their monthly investment schemes are blue-chips and STI ETF.

If I were an long-term investor who buys STI ETF on a monthly basis (based on Dollar-cost averaging), will i get to buy it at a slightly lower price of say 0.5% a couple of days before the 18th of each month?

Find out the answer here:
http://www.fisca.sg/ArticleDisplay.aspx?ID=498

Wisdom of the Crowd - new issues for voting

Here are the new issues for your voting:

a) Do we have to pay high salaries to attract talented people into politics?
b) What do you think about the collapse of the PIE viaduct?

Constructing a viaduct

Look at how Singapore construct our viaduct. Well, one viaduct had collapsed during construction.

http://www.channelnewsasia.com/…/pie-work-site-accident-cra…

Watch this video to see how China constructs its viaduct. It is so sad, that Singapore had remained so backward under the PAP government.

https://www.youtube.com/watch?v=T7hdo9tL6u0

We have to change the way that Singapore is governed.

A little known secret can change your financial future

I wish to share with you a little known secret that could change your financial future.

Most working people do not know how to invest for the future. We should not blame them, for their main focus is work hard at their job and to earn a good income. They do not have time to become financial experts. They should not spend this time, unless they take it as a hobby, and have plenty of time to spare. Most people have too many other things that they have to take care of in their daily lives.

So, they rely on financial experts to handle their investments for them. In most cases, the end up investing most of their savings in a life insurance policy.

A life insurance policy is a good way to invest long term savings. But it has one serious drawback that most ordinary people are not aware of.

I want to share with you a little known secret that can change your financial future.
http://www.fisca.sg/ArticleDisplay.aspx?ID=497

Wisdom of the Crowd - voting on Uber

These results are ready for viewing.

a) Is it risky to book a Uber car? (55 Votes )

Passengers are getting concerned about the recent accidents involving young drivers.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=177

b) Should there be a minimum age for private hired car drivers? (59 Votes )

A large majority prefer the setting of a minimum of two years driving experience or a minimum age of 30 years.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=176




Thursday, July 20, 2017

Should I terminate my PruFlexicash?

Dear Mr Tan,
I am a student who bought th PruFlexicash insurance plan, 11 months ago. And I am wondering if I should terminate the policy. Can you please advise me? Thank you!

REPLY
Read this article
http://www.fisca.sg/Article.aspx?Keyword=PRUFLEXICASH
Watch the videos here to learn how to get a better financial plan for your future.
www.tankinlian.com/video.aspx




Build HDB flats in advance of demand

Singapore has a unique system of building public flats. It is called the BTO system. This is a stupid system, designed by a stupid goverment.

Why do I say so?

Here is the answer:
http://www.tankinlian.com/ArticleDisplay.aspx?ID=1390

Wednesday, July 19, 2017

Wisdom of the Crowd - issues for voting

Issues for voting

a) What cause the high divorce rate in Singapore?
b) Which is your favorite TV channel?
c) Will the dispute between India and China over the Himilayan terrirtory lead to armed conflict?

www.wisdomofthecrowd.sg

Tuesday, July 18, 2017

Scandalising the court

If someone says "we have a pliant court system" and it is his honest opinion and he says it without malice, should he be charged for "scandalising the court"?

Suppose many people hold this opinion, but they are not willing to say it for fear of being charged, does this reflect a sad state of affair for our country?

My personal view is that most of our judges do act independently and fairly. However, they are some occasions where I am very disappointed with the judgment. Am I scandalising the court in expressing this honest opinion?

What is fair criticism that is a defence against scandalizing the court?

I found this passage in the case where author Alan Shadrake was charged under this offence and found guilty.

For example, in Ambard (which is often cited as one of the seminal cases with regard to fair criticism), the key passage in Lord Atkin’s judgment (delivered on behalf of the Privy Council) is as follows (at 335):

But whether the authority and position of an individual judge, or the due administration of justice, is concerned, no wrong is committed by any member of the public who exercises the ordinary right of criticising, in good faith, in private or public, the public act done in the seat of justice. The path of criticism is a public way: the wrong headed are permitted to err therein: provided that members of the public abstain from imputing improper motives to those taking part in the administration of justice, and are genuinely exercising a right of criticism, and not acting in malice or attempting to impair the administration of justice, they are immune. Justice is not a cloistered virtue: she must be allowed to suffer the scrutiny and respectful, even though outspoken, comments of ordinary men.

Wisdom of the Crowd - view these results

Here are the results of the issues that have just closed.


a) Can we promote neighborliness through a WhatsApp group (55 Votes )

The views are quite mixed.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=172


b) Who has LKY's skills in diplomacy, pragmatism, prudence, astuteness, mental faculty and strength? (64 Votes )

The results are quite surprising. The majority said "None of them". But the next highest vote goes to someone that I did not expect.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=171

c) Did the government handled the closure of Sungei Road Market well? (56 Votes )


The results reflect badly on the government.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=173




What constitutes "scandalising the court"

Does a statement that we have a "pliant court system" fall within the offence of scandalizing the court?

I believe that it does not. This statement is not directed at any specific judge in the exercise of his judicial function and is not interfering with the administration of justice.

It should be treated as a fair criticism under freedom of speech.

From Wikidedia.

In Singapore, the offence of scandalizing the court is committed when a person performs any act or publishes any writing that is calculated to bring a court or a judge of the court into contempt, or to lower his authority. An act or statement that alleges bias, lack of impartiality, impropriety or any wrongdoing concerning a judge in the exercise of his judicial function falls within the offence.

The High Court and the Court of Appeal are empowered by section 7(1) of the Supreme Court of Judicature Act (Cap. 322, 2007 Rev. Ed.) to punish for contempt of court. This provision is statutory recognition of the superior courts' inherent jurisdiction to uphold the proper administration of justice. The Subordinate Courts are also empowered by statute to punish acts of contempt.

Although Article 14(1)(a) of the Constitution of the Republic of Singapore protects every citizen's right to freedom of speech and expression, the High Court has held that the offence of scandalizing the court falls within the category of exceptions from the right to free speech expressly stipulated in Article 14(2)(a).

Some commentators have expressed the view that the courts have placed excessive value on protecting the independence of the judiciary, and have given insufficient weight to free speech.

In Singapore, an "inherent tendency" test has been held to strike the right balance between the right to freedom of speech and the need to protect the dignity and integrity of the courts.

To establish the offence, the claimant must prove beyond reasonable doubt that the act or words complained of have an inherent tendency to interfere with the administration of justice.

The inherent tendency test has been held to be justified by the small geographical size of Singapore, the fact that there is no jury system and that judges have to decide both questions of law and fact, and that the test renders proof of damage to the administration of justice unnecessary.

Although Singapore law does not set out the sanctions that may be imposed for contempt of court, it is accepted that the courts may impose reasonable fines and imprisonment. To decide what punishment is appropriate, the culpability of the offender and the likely interference with the administration of justice are considered. The only defence available to the offence of scandalizing the court is to prove that the allegedly contemptuous act or statement amounts to fair criticism, which involves showing that the criticism was made respectfully and in good faith.

Monday, July 17, 2017

New issues for voting

Here are the issues for you to vote:

a) What will you do if the elected President is a walkover?
b) Is it proper for Halimah Yacob to be accepted as a candidate for Presidential Election

Give your vote in www.wisdomofthecrowd.sg

Wisdom of the Crowd - results

Here are the results of the voting on these issues.

a) What are your views about the personal attack by the Deputy Attorney General on Dr. Tan Cheng Bock? (89 Votes )

65% say that the conduct of the DAG should be condemned.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=166

b) What are your views on the court's decision to reject Dr. Tan Cheng Bock's challenge? (81 Votes )

58% say that the court should act independently and say that the change is unconstitutional.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=167

c) What should Dr. Tan Cheng Bock do now about his political goal? (76 Votes )

Over 70% said that he should join an existing political party or form a new party.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=168






Sunday, July 16, 2017

Comedy of the Elected President

Three decades ago, Mr. Lee Kuan Yew had a horrifying thought. What would happen to Singapore if one day, another party came into power and the Peoples' Action Party was kicked out of government.

He devised the concept of the Elected President with custodial powers on the use of past reserves and on senior appointments into the public service. This was intended to come into operation in the event of a change of government.

After President Ong Teng Cheong was elected as the first Elected President, things did not went as planned. President Ong was diligent in carrying out his duty. Although he was formerly from the PAP, he felt that it was his duty to check on the actions of the current PAP government. The relationship between President Ong and the government soured.

Act 1 of the comedy was an Elected President checking on the current government, that was not intended to be in the plan.

President S R Nathan was elected unopposed as the Elected President for the following two terms. Other candidates who were willing to stand for election were declared to be not qualified, i.e. not meeting the stringent qualifications specified in the constitution.

Act 2 of the comedy was an Elected President, who was supposed to have the direct mandate of the people, being elected unopposed, through a walkover.

The presidential election in 2011 was a watershed. Apart from the government supported candidate, three other candidates stood for election. It was a four corner fight. The winning candidate who was endorsed by the current government was elected with only 35.2% of the votes, which was only 0.3% higher than the second candidate. There was no provision for a runoff election

Act 3 of the comedy was an Elected President whose authority was supposed to come from a direct mandate of the people, assuming office with only 35.2% of the votes.

In the run-up to the presidential election in 2017, the government was adamant in continuing the comedy of the Elected President. They changed the constitution to raise the bar for qualification as a candidate and provided for a reserved election where all of the candidates have to come from a certain ethnic group.

Act 4 of the comedy was the concept of a reserved election in a country where the people live in harmony regardless of language, race or religion.

The change to the constitution also provided for increased powers given to the appointed members of the Council of Presidential Advisers. The government did not trust the Elected President and felt that they need to have another body to check on the Elected President.

Act 5 of the comedy was that the unelected members of the Council could override the decision of the Elected President in some specified instances. Their role went beyond advising the president

There is the likelihood that the next Elected President will be returned unopposed through another walkover. It is also possible that this Elected President, who was supposed to be appointed from a reserved ethnic group, may not be truly representative of that ethnic group. There are many mixed marriages in our multi racial society.

Act 6 of the comedy will be an Elected President who qualified through a reserved election turning out to be not purely from that reserved ethnic group.

Enjoy this comedy.

Worker Party Community Fund Walk

I joined the Worker Party Community Fund walk this morning. The event was well attended. It was also well organized with many activities following the 2.5 km walk.

All the WP MPs participated in the walk. I had a good chat with Low Thia Kiang, Chen Show Mao, Png Eng Huat and Faisal Manap during the walk. I also said hello to Pritam Singh.

I posted a few short videos of the walk. The participants had an enjoyable time and good fellowship.

Wisdom of the Crowd - new issues

Here are some issues for you to vote:

a) Should a person be charged for describing our court as being "compliant". Lee Hsieng Yang's son has used the description of "a compliant court system" in a recent posting.

b) Is the law applied fairly in Singapore?

Give your vote in www.wisdomofthecrowd.sg




Saturday, July 15, 2017

Premiums for private Shield plans are very expensive

I have often advised older people to avoid the integrated Shield Plans that covers A class or private hospitals.

The reason is - the premium is high and is likely to go much higher. These plans will become very expensive, and will be unaffordable to older people.

This article explains what is happending.
http://www.businesstimes.com.sg/…/the-good-the-bad-and-the-…

Should the government take over the running of Eldershield?

The results for this issue is now ready for viewing:

a) Should the government take over the running of Eldershield (long term care insurance)? (89 Votes )

The majority said yes. View their reason in:
http://www.wisdomofthecrowd.sg/chart.aspx?ID=164

Friday, July 14, 2017

Why does the MRT break down so often?


I learned that the MRT system can breakdown due to
a) signal fault
b) track fault
c) power fault
d) train fault

I want to add the following:
e) passenger fault (why you all want to take train the same time?)
f) nobody's fault (the system just suka suka break down)
g) engineers fault (why you can fix the problem?
h) management fault (how can? we are top scholars! )

Self destruction of capitalism

Listen to this economic update by Prof Richard Wolff about capitalism's self destruction. You will understand why the current economic system cannot last long.
http://www.democracyatwork.info/eu_capitalism_self_destruct…

Is it safe to ride on Uber?

Recently, there is another fatal accident involving a Uber car. Will this discourage you from booking Uber? Should there be a minimum age or driving experience for Uber drivers?
Give your views in www.wisdomofthecrowd.sg

Thursday, July 13, 2017

Causes of MRT breakdown

I now learn that the train breakdown can occur due to:

a) signal fault
b) track fault
c) power fault
d) train fault

http://www.todayonline.com/singapore/morning-rush-hour-commute-ewl-hit-2-different-faults-wednesday

What I am unable to learn is - why are these faults occuring now, when the system was running well for over 30 years?

Could it be due to

a) equipmment failing due to age
b) over loading of the system
c) poor maintenance
d) lack of engineering know how?




Wisdom of the Crowd - view the results

Here are the results for the issues that have just closed.

a) Do you agree with the remark of DPM Teo Chee Hean that we are all sons of Lee Kuan Yew (128 Votes )

60% felt insulted by this statement.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=162

b) After watching the Parliamentary debate on 38 Oxley Road, which statement best reflects your view? (127 Votes )

63% said that Parliament is the wrong platform to discuss this issue.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=163

Wisdom of the Crowd - view these results

Here are the results of the voting on the issues that have just been closed.

a) Are you happy with the debate in Parliament on 3 July? (127 Votes )

More than 70% are quite dissatisfied with the debate.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=161

b) What is your opinion of PM Lee during the July 3 Parliamentary session? (129 Votes )

Over 80% have a negative opinion.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=160

c) Do you agree with the views of Goh Chok Tong on 38 Oxley Road? (139 Votes )

Nearly 70% consider his statement to be too biased.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=159




Tuesday, July 11, 2017

Wisdom of the Crowd - Foreign policy strategy

The voting on this issue has now closed. You can view the result:

a) Should Singapore continue its foreign policy on speaking for the rule of international law? (121 Votes )

The majority of the Crowd said that we must change our foreign policy strategy.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=158




Monday, July 10, 2017

Save for your retirement, but choose the right way

Every once in a while, you will see an attractive advertisement from a bank or life insurance company telling you about the importance of making separate savings for your retirement. They will explain that your savings in the Central Provident Fund is not adequate for your retirement needs.

They will back up the explanation with surveys, testimonials, statistics and other convincing information.
The underlying message is correct. Most people in Singapore need to have additional savings to live comfortably during retirement.

But the method that they proposed to achieve this goal is questionable.

Be careful. You can be walking into a trap. Read this.
http://www.fisca.sg/ArticleDisplay.aspx?ID=496

WhatsApp Group to promote neighborliness

I have printed a hard copy of this letter to be sent to my neighbors. My proposal is to form a WhatsApp Group.
http://www.tankinlian.com/ArticleDisplay.aspx?ID=1387

Wisdom of the Crowd - Pedra Blanca issue

The voting on this issue closed today.

a) How should Singapore respond to the application by Malaysia for the ICJ on the Pedra Blanca issue? (126 Votes )

The highest votes goes to - let the International Court of Justice hear the case. The preferred choice of the Ministry of Foreign Affairs, which is to oppose the application - gets the second highest vote.

View the details in
http://www.wisdomofthecrowd.sg/chart.aspx?ID=157

Sunday, July 09, 2017

Videos on financial planning are more popular

The short videos on financial planning and insurance are very popular, compared to the written articles. Each video is about 6 minutes. It must be the conversational format of the videos that are easier to follow.

You can select the topic and watch the videos here:
http://www.tankinlian.com/video.aspx

Who has a better character?

Who has a better character? Lee Hsien Loong, Lee Wei Ling, Lee Hsien Yang, Chee Soon Juan or Low Thia Khiang?

The results are quite surprising. View them here.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=154

Promote neighborliness

I had a regular meeting with my old classmates. Yesterday, I spoke to them about this idea to get to know the neighbors and to promote the kampong spirit. They agreed that this is an excellent idea. They will also try it out with their neighbors.
http://www.tankinlian.com/ArticleDisplay.aspx?ID=1381




Wisdom of the Crowd - view the results

You can now view the results of the voting on these issues:

a) Which policy decisions of Lee HL is most harmful to Singapore? (133 Votes )

The issue of the South China Sea did not feature high. Two other issues got more votes.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=156

b) Should the court accept Dr. Tan Cheng Bock's arguments on the reserved President Election? (20 Votes )

The votes were given by the Crowd before the court ruling. The Crowd had a different take compared to the court.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=165

c) If Lee HL agrees to demolish 38 Oxley Road, how will you view him? (123 Votes )

This result is very bad for Lee HL. Even if he agrees now to demolish 38 Oxley Road, his stature has diminished considerably.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=152

d) Why did LKY refuse to acceded to LHL's request to preserve 38 Oxley Road? (137 Votes )

Most people voted that LKY was unwavering in his wish for 39 Oxley Road to be demolished. But a sizeable number of people think there is another reason, which is hidden beneath the service. What is this reason, which has the second highest number of votes?
http://www.wisdomofthecrowd.sg/chart.aspx?ID=155

Stamp duty on transacting in property in Singapore

Recently, I looked at a freehold condominium called Flora View near my home which seemed to be recently priced at slightly more than $1 million.

When I carried out further research, I realized that I had to pay an Additional Buyer Stamp Duty (ABSD) of 10% on the property in additional to the normal stamp duty which works to slightly less than 3%. This would add another 13% to the cost of the property, before counting lawyer fees. The property becomes unattractive to me. Anyway, all of the units in that development had been fully sold out.

I learned more about the ABSD, SSD and TSDR. For those who want to invest in a condominium and are still confused about these terms, you can find a brief explanation here.
http://www.fisca.sg/ArticleDisplay.aspx?ID=494

Wisdom of the Crowd - new issues for voting

Here are two new issues for you to vote

a) Should the Deputy Attorney General be censured for his remarks about Dr. Tan Cheng Bock?
b) Should the organizer continue with the talks in Hong Lim Park regarding Oxley Road

Give your vote in
www.wisdomofthecrowd.sg

Saturday, July 08, 2017

Wisdom of the Crowd - new issues for voting

Here are the new issues for your voting today:

a) What are your views on the court's decision to reject Dr. Tan Cheng Bock's challenge?
b) What are your views about the personal attack by the Deputy Attorney General on Dr. Tan Cheng Bock?
c) What should Dr. Tan Cheng Bock do now about his political goal?

Give your vote in www.wisdomofthecrowd.sg

Friday, July 07, 2017

New issues for voting in Wisdom of the Crowd

Here are two new issues for you to vote:

a) Should the court accept Dr. Tan Cheng Bock's arguments on the reserved President Election?
b) Should the government take over the running of Eldershield (long term care insurance)?

You can vote on these two new issues and the other active issues in www.wisdomofthecrowd.sg


Wisdom of the Crowd - results for today

The results of the voting on The Wisdom of the Crowd on these two issues are now available for your viewing:

a) Is PM Lee abusing his power to convene a Parliament meeting on 3 July to discuss his family dispute? (121 Votes )

Over 60% said that Parliament should not be the place to resolve the dispute. Another 30% said that if Parliament is to be involved, the other parties (i.e. siblings) should be invited to speak.

More details:
http://www.wisdomofthecrowd.sg/chart.aspx?ID=153

b) If Lee HL agrees to demolish 38 Oxley Road, how will you view him? (123 Votes )

It is a "no win" for Lee HL. Even if he agrees for the house to be demolised, people will still view him negatively.

Details:
http://www.wisdomofthecrowd.sg/chart.aspx?ID=152

You can vote on the current issues, and win a prize, at
www.wisdomofthecrowd.sg





Thursday, July 06, 2017

Wisdom of the Crowd - you can now view these results

The results of the voting on these issues are now available for viewing:

a) If Lee HL's son enter politics in a few years time, will you support him? (89 votes)

A big majority said "no". Here are their reasons:
http://www.wisdomofthecrowd.sg/chart.aspx?ID=150

b) The government is considering four options for 38 Oxley Road. Which do you prefer? (90 Votes )

A big majority said "demolish the house". How big is it?
http://www.wisdomofthecrowd.sg/chart.aspx?ID=149

c) Do you agree with the option to keep the basement of 38 Oxley Road and demolish the building? (87 Votes )

A big majority said "it is not in keeping with LKY's wish" or "it is neither here nor there.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=151

d) Will the US Supreme Court upload President Trumps's travel ban? (80 Votes )

The results are mixed. America is divided.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=148

Wednesday, July 05, 2017

Wisdom of the Crowd website - some issues

I like to thank many of your for participating in the Wisdom of the Crowd website.

There are a few issues about this website that you should be aware of. They are explained here.
http://www.tankinlian.com/ArticleDisplay.aspx?ID=1385

I have spent a lot of effort to develop this website. I believe that it has produced some useful results and insights, in spite of its inherent bias and potential risks.

It is still under development. I hope that it will become more popular and trusted as it is developed further.

Tan Kin Lian

Are Uber and Grab good for Singapore?

Are Uber and Grab rides good for Singapore? Are they good for commuters? And the drivers?

My view - it is improving the market for taxis and rides and offering better choice for consumers and drivers. It is not destroying the livelihood of taxi drivers. Many have given up taxis to become Uber and Grab drivers.

The people who are not happy are the taxi companies. It is good to make them work harder for their profits.

Read my views here.
http://www.tankinlian.com/ArticleDisplay.aspx?ID=1384

Do you agree with my views? Do you wish to add your perspective?

Wisdom of the Crowd - new issues for your vote

Here are new issues for your voting:
a) Do you agree with the remark by DPM Teo Chee Hean that we are all sons of LKY?
b) What is your opinion of PM Lee during the July 3 session?
c) Are you happy with the debate in Parliament on 3 July?
d) Do you agree with the statement by Goh Chok Tong on 38 Oxley Road?
e) After watching the debate on 38 Oxley Road, which statement best reflect your view?

Give your vote in www.wisdomofthecrowd.sg

Troubled by PM's statements

KKoon Wee said:
I am also extremely troubled by some of PM's statements.
(1) PM has stated that the LHY & LWL allegations have seriously damaged the integrity of the govt and S'pore, aside from the very serious damage he suffered personally.
(2) PM then declares that under normal circumstances, he would sue the persons involved. However, he will not sue at this time because they are family members and he doesn't want the matter to drag out in the courts.
(3) One can only conclude from PM's statements that in PAP S'pore, there is one set of rules for the Lee dynasty and then there is another set of rules for the rest of us.
(4) PM is also guilty of putting his family interests before that of the govt and S'pore. Afterall, he is claiming that S'pore's reputation has been gravely damaged by the actions of his family members!
(5) while I don't advocate the use of law suits to settle differences, PM has already indicated that law suits are his usual approach in such cases, EXCEPT for family members.
(6) All very deeply troubling indeed!

My view:
We should stop the bad practice of suing for defamation, unless the condition of the perpetuator is extremely bad and mischievous.

Tuesday, July 04, 2017

Wisdom of the Crowd - results for three issues


Voting on these three issues have just closed. You can view the results now.

Issue: Will Air Asia suffer a drop in business due to the "shaking like a washing machine" flight from Perth to KL? (82 votes)

Surprise! The results are quite positive for Air Asia. Tony Fernandez can give a sigh of relief.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=147

Issue: Is it good for the leaders of a country to come from different generations of the same family? (82 Votes )

A large majority said no!  Not good news for LHL.
http://www.wisdomofthecrowd.sg/chart.aspx?ID=146

Issue: When you think about democracy, what statement comes most in your mind? (81 Votes)

Singaporeans are quite positive towards democracy, in spite of our limited exposure to the practice of this concept here.

http://www.wisdomofthecrowd.sg/chart.aspx?ID=145

Allow room for other points of view

Printed in Straits Times Forum, 4 Jul 2017

Professor Kishore Mahbubani's commentary about small states and foreign policy has been described by veteran diplomat Bilahari Kausikan as "muddled, mendacious and indeed dangerous", while former foreign minister K. Shanmugan said he found it "questionable intellectually" (Don's commentary on foreign policy of small states criticised; July 3).

I find the criticism to be excessive. What is wrong with having a different point of view? The view of the establishment is not the only one in Singapore.

If the establishment wishes to argue the case for small states to continue to speak beyond their size,they can put forth their points in an intellectually convincing manner, instead of resorting to giving labels to the other view.

The politics of the world has changed a lot in recent years.

We have seen big countries exercise their military and economic powers, in disregard of international law and conventions.

Is it wise for small states like Singapore to continue with their old approach, which worked in the global political environment of the past but may be dangerous to their foreign policy interests nowadays?

We cannot assume that our diplomatic problems with China have been resolved.

In a democratic society, we should not kill the messenger if we do not like the message.

Tan Kin Lian

Allegation of abuse of power

In their joint statement of 14 June, Lee Wei Ling and Lee Hsien Yang accused their elder brother, Lee Hsien Loong of abusing his power as prime minister to thwart Lee Kuan Yew's wish for his private house 38 Oxley Road to be demolished after LWL moves out of the house.
They did not specify which were the actual cases that they consider as abuse of power. However, they did provide a lot of information for readers to make our own judgment.
I have addressed a question that most people did not discuss adequately. Why was LKY so unwavering in his wish for 38 Oxley Road to be demolished. He knew that LHL wanted very much for the house to be preserved. Why does LKY not accede to the request of his eldest son?

Sunday, July 02, 2017

Fave bought over Groupon business in three countries

Recently, the Fave group bought over Groupon in Indonesia, Malaysia and Singapore. Fave is owned by Joel Neoh, who was formerly head of Groupon Asia Pacific.

Why did Groupon sell its business to Fave?

I found that Groupon is still incurring a loss. Here is the latest result.

Quote
This year, during the first half of the year, Groupon had a net loss of $104 million, or 18 cents per share. Groupon revenue in the first half of 2016 reached $1.49 billion. In Nasdaq trading today, Groupon shares closed at $3.78. In the past year, Groupon stock had been down 71 percent.Jul 27, 2016
Unquote

I am surprised that Groupon is still losing money. I thought that they should be able to make money, as they are just selling coupons. Maybe their expenses are too high, or maybe the full time executives are drawing high salaries?

I wonder how Fave can turn the business around, and make a profit? I guess cutting expenses is one step.

Neighborhood Watch Scheme - with help from WhatsApp

The neighborhood watch scheme was promoted by the Police to encourage neighbors to work together to promote security of their neighborhood against crime.

I suggest the following strategy to make the scheme work on a sustainable basis.

Details here:
http://www.tankinlian.com/ArticleDisplay.aspx?ID=1381

I will try it with my neighbors. Maybe you can also try it?

Prepare for a greying population

There is little incentive to care for the greying population in Japan.
http://www.todayonline.com/…/little-incentive-care-japans-g…

Singapore will face the same challenges within the next decade.

However, I do not worry too much. Currently, we worry that there are not enough jobs for people, due to automation and artificial intelligence replacing the traditional work.

There will be a strong demand for people to take care of elderly people.

We need a way to pay these care givers adequately. This will be a cost to soceity. It has to come out of taxes payable by corporations that make a lot of profit and by high income earners.

We also need to make the job meaningful and enjoyable - but technology can help.

This is a challenge to the government. We need a good and wise government to overcome this challenge. Right?.

The "inevitable" terrorist attack

Are we prepared to deal with the "inevitable" terrorist attack on Singapore soil?

We will know when it happens. I hope that our response will not be like the Little India incident - which was poorly handled.

We have to take precaution by putting radicalised persons under the ISA. But we are not able to identify and deal with all of the possible suspects. We do not have enough space in the detention centers. We will also be infringing on human rights.

We need an effective response when an incident happens. Here are my "common sense" ideas on what needs to be done.

http://www.tankinlian.com/ArticleDisplay.aspx?ID=1376




Saturday, July 01, 2017

Videos on financial planning and insurance watched over 300 times

Most of these videos have been watched over 300 times. Each video gives useful tips to young people on how to apprach financial planning and insurance.
http://www.tankinlian.com/video.aspx

Dealing with the inevitable terrorist attack


I do not know what our counter terrorism experts have planned to deal with the "inevitable" terrorist attack in Singapore, but I like to share my common sense approach to deal with it.

1. We already know of some racialised people who have gone for training in the Middle East. The security agencies have already detained them under the Internal Security Act. Well done. Prevention is better than cure.
They can be released after the security threat has been removed, e.g. if they agree to come under family supervision and agree for their movements to be monitored.

2. When the inevitable happens, allow the civil defence force to do what is necessary to save lives, treat the injured and prevent further harm. Set up an escalation system to give the first responders the full support that they need.

3. Allow the police to round up the suspects and detained them under the Internal Security Act. These are the people who are under surveillance before, but they do not fall under the earlier category of being "radicalised".
Like the first group, they can be released after the security threat has been removed, e.g. if they agree to come under family supervision and agree for their movements to be monitored.

4. Set up a hotline and an online form for the public to make reports of suspects. We only need to gather their name, contact number and a report of the suspected people. There will be hundred of thousand reports of this nature within a few days. Most of these reports will prove to be unfounded. But it is important to gather these reports quickly and promptly, and encourage people to make these reports.
Set up an articifican intelligence (AI) tool to analyse these reports and pick out those that need further investigation. This could be cases where several reports are made of the same persons or the suspects are already on some monitoring lists. 
The investigators can file their reports into the database for the AI tool to analyse further.
This is a different approach from the investigation process that is now carried out by the Police (based on my personal experience). We need to improve the process.


Identify the problem before looking for a solution

Recently, I gave an advice to a poly student that works as an  intern in my office. I said - You must understand the problem and identify the real problem, before you can find the solution.

I like to give this same advice to a head of SMRT, the head of the Land Transport Authority and the transport minister. Every one of them probably earns more than a million dollar a year or probably more than 100 times of a poly graduate.

We must understand what is the problem that is described as "signal fault". Does it mean that the platform doors do not open when the train is in the station? Or is the problem more serious and complicated than this?

We travel in lifts in tens of thousand buildings in Singapore. Every lift has a signal system. If there is a signal fault, the door does not open when the lift is on a designated floor. Is this the same problem that is causing the massive disruption of the MRT system?

What is the "signal fault" that cause the disruption to the MRT system?

Someone said:
No amount of engineering can prevent signalling faults of the trains in Singapore.

My reply
We have signals in our houses and buildings. They control our lifts and gates. This is not rocket science. It is quite an ordinary control. When the train is in the station, the platform door opens.

There must be some faulty parts in the train or in the platform doors. They can be identified and replaced.

I don't know why they describe it as "signalling faults" when (as I suspect) they refer to the platform doors not opening when the train is in the station.

Of course, I could be wrong. The problem may be more serious than what I had guessed from the unclear information that has been disclosed..

If we continue to hide the real facts and give fancy description, such as "signalling fault", we will never understand the root cause and cannot find the solution.

I have said before. They must be tens of thousand of train systems around the world. How often do we hear of massive disruptions due to "signalling faults"?

I must blame the prime minister for appointing incapable people to run our public offices.


How to solve the dispute over 38 Oxley Road

Mr. Tan
The Lee family quarrel continues to be very ugly. It will not be solved by the Parliamentary debate on 3 July. What can be done to solve this quarrel? What are your views?

REPLY
I am guided by the wisdom of the crowd. These are the views of many ordinary people who are wiser than one or three stubborn siblings.

Their views are:
a) Demolish 38 Oxley Road, as was the clear wish of Mr Lee Kuan Yew.
b) Disband the ministerial committee. They have no business to interfere with the private business of the Will.

You can watch the results of various issues relating to this matter, and the charts showing the respective options, in www.wisdomofthecrowd.com/result.aspx

There is another issue that is still being voted - should the basement be kept as a compromise? The result will be released in a few days time.

Friday, June 30, 2017

Identifying the ghost buses

At the bus stop, my app shows the next two arriving buses for 163 at 15 min and 21 min. I have been experiencing this type of information on several occasions. I now expect that a "ghost bus" to appear before the next reported bus.

The ghost bus appeared 8 mins later. The next two buses now report arrivals at 7 and 13 mins.

This kind of incidents remind me that we have a useless transport minister. I shall not mention his name to avoid being personal, but I guess you know who I am referring to.

By extension, we also have a useless prime minister.

The duty of a prime minister extends beyond attending state dinners hosted by the US President and telling jokes about pork soup and cigarette smoking. Or giving prompt replies to statements from siblings.

 It means paying attention to the mundane matters that affect the daily lives of the people.

I do not expect the transport minister or the prime minister to be personally concerned about "ghost buses". But if someone has been raising the issue on countless occasions in past years, they should ask the CEO of the Land Transport Authority - is it true that we have "ghost buses" that are not tracked on the bus arrival app, and how many are there?

If the CEO does not know the answer, he can ask his subordinate and the message will go down a few levels. Quite likely, the answer is - "We have to check with the bus companies". And the answer will take such a long time to arrive that everyone would have forgotten about it.

If any smart person down the line will say, "Let us ask Mr. Tan. He seemed to know what the problem is".

And if they ask me, I would give them the answer within 1 hour. But that would require me to have access to the database.

There are 17,000 buses in Singapore. They have a GPS tracker installed to give the GPS locations to the server. This is how the bus arrival time is being tracked.

I would write a script to check, for each bus, if there is any tracking record being sent on the previous day. All the ghost buses would send 0 tracking record.

I would get the answer within 1 minute. It will show not only the number of "ghost buses" but the licence plate number of these buses, the bus service number and the company that is operating that bus (SBS, SMRT or whatever).

Yes. It will take 1 minute.

And to think that nobody bothers to check this for many years!

Do you agree that we have a useless transport minister and a useless prime minister?

Telephone conversation with a Singapore conference organiser

I was invited to be a panel member in an investment seminar organized by a subsidiary of a large media company in Singapore. I asked the staff to telephone me. I received a call at the arranged time.

TKL - Can you tell me about the format of the panel discussion. How many panel members? How many people in the audience?

Staff - The panel will comprise of 4 people, including you, and a moderator. It will take 45 minutes. We expect about 200 people in the audience.

TKL - What do I get for spending the time? Can I distribute a flyer to the audience?

Staff - We do not pay any speaker or panel member. We will put your name in our website. Sorry, we cannot distribute your flyer. We have a paid service to distribute flyers.

TKL - You ask me to spend time and pay me nothing. You want to charge me for distributing a flyer?

Staff - Sorry, Mr. Tan. We don't pay any of the speakers. So, we can't pay you.

TKL - Do you get the venue (Suntec City) for free? I know that you probably have to pay a lot of money for the venue. Why can't you spend some money to pay your speakers?

(The staff must think that I want the money for myself! I don't need it, but other speakers or panel members are not so well off as me. Usually I donate the fee to the Financial Services Consumer Association)

TKL - I have been invited by a Swiss organization to speak to the participants of their management programme. Do you know how much they pay me for 45 minutes, including questions and answers?

Staff - Maybe $10,000?

TKL - No. Not so much. It is a small group. They pay me $2,000. And they have been re-inviting me for several years.

TKL - I know that you would probably have to pay $50,000 or more to invite a foreign speaker to give a keynote address. Why can't you set aside a budget to give a modest fee to local speakers? Why do you want to exploit the local speakers to this extent?

Staff - Sorry, Mr. Tan. This is the local practice. We have been doing it like this for many years.

TKL - I will be posting this conversation in social media.

Staff - Mr. Tan, please don't. I will get into trouble. If you don't want to speak, OK. But please don't post into social media.

TKL - Don't worry. I won't mention your name. But I want the public to know this is how our conference organisers treat local speakers.

Conclusion: I don't have to say it. But you would know that I decline the invitation.




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