5/13/2017

When globalisation makes a sham of national policies

The left ball did not know what the right ball is thinking. This is what happens when national policies were cooked without being mindful of the harm of globalization could do to undermine national policies. A very good case is the influx of foreign fake graduates to replace Singaporean graduates in the economy when there is a cap of 30% put on each cohort for admission to local universities.
 

The statestimesreview has an article that succinctly exposed the stupidity when the two policies are in conflict and as usual, the daft Singaporeans would bear the brunt of the stupidity. Here is an excerpt from the statestimesreview.
 

‘Minister Ong Ye Kung: Only 30% of Singaporeans allowed to be degree holders, the rest go Poly ITE

http://statestimesreview.com/2017/05/04/minister-ong-ye-kung-only-30-of-singaporeans-allowed-to-be-degree-holders-the-rest-go-poly-ite/

Education Minister Ong Ye Kung made the revelation today (May 4th) at a forum discussion in Switzerland, and also said the policy is to prevent degree holders flooding the market like “some Asian countries”:

“In Singapore, this means capping the proportion of graduates in a cohort at about 30 to 40 per cent, while training the rest for vocations in various industries. This approach has ensured there was no glut of graduates in Singapore, and kept graduate unemployment low, unlike in some Asian countries.”
 

In the meantime, foreigners qualifying for Employment Pass (EP) will need to hold a minimum Bachelor Degree – even when the degree is from a village university in Philippines, China or India. EP visa holders are also guaranteed a Minimum Wage of S$3,600, while there is no Minimum Wage for Singaporeans…’

.
The article provided more details of the adverse consequences on Singaporeans that ended up as fools and victims of the two policies. How could this thing happen for so long and no one could see how wrong it has become and no one thinks it is important enough to put it right? We restrict our own talents from entering universities but brought in all the craps and fakes to replace them. We pay the craps and fakes better salaries while our 'bypassed' talents ended up at the lower end of the food chain.

This is definitely a crime against our very own citizens. The whole thing is so silly, beyond comprehension, totally irresponsible.

43 comments:

Virgo 49 said...

Good,good. The daft Sinkies who supported the Papies wholeheartly, when their children comes to the Jobs Markets can only worked ad hoc, part time, contracts or be unemployed.

Anyway, the parents are rich enough to support them withour working.

Have a ex PSA neighbour who lived in the penthouse above our block.

Sang high praises of what the PAP had done in just one generation of us.

All.my siblings are doing fine. Our chikdren in polys and unis.

What's more you can ask the PAP?

I said our generation might benefits as our time is different from the younger people.

But you must thinks of your nexr generation's future.

Aiya, we have confidence in our children's future under the PAP.

Wait till the time when the children are as above when they start looking for employment or their now employed children became unemployed.

Then no tears will come out from their eyes.

MOT, you will see this happening.

Some people don't see coffins no shed tears.

Anonymous said...

Singapore is already finished for Singaporeans. It's too late to rectify the situation as more and more naturalized-citizen MPs get into Parliament . . .

Anonymous said...

In New Zealand and China their PM / president warn their colleagues that politics is a calling to serve the country and the people and if any of the politicians think parliament is a place for them to make money and enrich themselves they should resign and leave parliament forthwith.But it is so different in some South East Asian countries the PMs are so busy promoting themselves and of course with promotion it entails an upsurge increase in their salaries.These PMs, ministers and MPs of these South East Asian countries have no shame at all.They worship only one God - The Money God

Anonymous said...

Betrayed. Sold.

Anonymous said...

Condemn the money face traitors to hell, to hades.

Anonymous said...

We restrict our own talents from entering universities but brought in all the craps and fakes to replace them.
RB

Craps and fakes?

Then why did the bosses want to hire them?

Restrict our own talents from entering universities?

Then why did 70% still voted for the PAP that did this to our own talents?

Anonymous said...

Rb u can say whatever u like but unfortunately the 70% don't believe u or agree with u. Bo bopian one

Anonymous said...

Then why did the bosses want to hire them?
10:11 am

Not all are craps and fakes lah. Uncle RB is just exaggerating only to get more readers and agitate people.

If 70% are not, it is very good already if can make 70% money for the bosses.

If Sinkies are hired, maybe the bosses can only make 30% money because Sinkies are too expensive and some more not pow wu pow chiak (guarantee have and good) one.

I am a Sinkie boss and I am speaking from actual hiring experience. Of course I also voted PAP even though I think PAP is not that good as before, but still better than opposition.




Anonymous said...

Do you think 70% of Singaporeans believes in LKY's Prosperity Gospel (oops!) I mean Hard Truths?
After all they voted to pay and pay even more?

Who are the clergy in the Church of LKY?
Who is the current Pope?

Anonymous said...

yaya papaya plus yaya banana = yaya losers.

Led by people who do anything to save ownself will die ownself.

Academic know nuts about ancient wisdom

Anonymous said...

Do you think 70% of Singaporeans believes in LKY's Prosperity Gospel (oops!) I mean Hard Truths?
11:02 am

They may not believe in LKY's Prosperity Gospel but for sure and seriously, they believe PAP is still better than a govt formed by the current Sinkie opposition.

Just look at the opposition managed WP Town Council AHTC. Can't even get something as basic as their finances right after 6 years! Like that how to govern a country?

And they are the strongest some more, and the only opposition party having MPs in Parliament.

And if the strongest is like that, what more the rest?

Anonymous said...

Just look at the opposition managed WP Town Council AHTC. Can't even get something as basic as their finances right after 6 years! Like that how to govern a country?
May 13, 2017 11:12 am

What about Singapore's Reserves and Temasek and GIC?
When will the civil service appoint an independent auditor to double confirm the work of the PAP government?

Anonymous said...

Daft Sinkies are not as bad as Dumb-Ass Bootlickers who try to act smart by using stereo-type fixated logic to explain off the obvious uncaring, inhuman cheap-labour flooding of the Singapore Jobs Market for the sole dubious objective of GROWING THE GDP AT ALL COST, a glaring untenable long-term economic goal inspired by overwhelming greed of the Highest Order in this World. Pathetic!

Anonymous said...

Pay to serve Sin. Keep Sin alive.

Good luck

Anonymous said...

And if the strongest is like that, what more the rest?
11:12 am

A tragedy.

A tragedy for daft Sinkies suffering money no enough as no better party can fight and replace PAP to fight and care for them.

As for the smart and rich Sinkies, they are still having good life even though PAP is screw up. And if they cannot, they will emigrate elsewhere for the good life. It has happened, is happening and will continue to happen.

That's why smart Sinkies don't join the Sinkie opposition to make it strong and ready to be govt.

And a tragedy for the Sinkie opposition in general.

Anonymous said...

You see, daft catch no ball. Where you educated? From Respected Idiots of the school of Royal jellKy?

Anonymous said...

....GROWING THE GDP AT ALL COST, a glaring untenable long-term economic goal...
11:18 am

Nothing untenable GROWING THE GDP AT ALL COST for PAP, as long as PAP being the govt remains a tenable long-term political goal of PAP.

Anonymous said...

It is tenable that PAP will continue GROWING THE GDP AT ALL COST.

But whether the GDP can continue to grow is another matter.

But to PAP, doesn't matter, as long as PAP being the govt remains a tenable long-term political goal of PAP, given that Hong Lim Park is quiet and the Sinkie opposition is not ready to be govt.

Anonymous said...


Hi uncle rb.......

In addition to what you said, Singapore males lagi worst!

They must "waste" another 2 more years doing NS!

Fair?

Anonymous said...

They must "waste" another 2 more years doing NS!
Fair?
May 13, 2017 11:49 am

There should be enough Operationally Ready NS men to vote out the PAP if they think they are being treated unfairly.
- since PAP government can still win 70%
- obviously our NS men are very happy and satisfied with their duties

Yours Sincerely
Wan Beeg FamiLee

Anonymous said...

///Just look at the opposition managed WP Town Council AHTC. Can't even get something as basic as their finances right after 6 years! Like that how to govern a country? ///

Just look at the Apathetic PAP-managed Town Councils, Statutory Boards and Ministries, plus the GIG-GIC and Temasick Ho"s-Ding! Can't even get something as basic as their Financial Management, Transparency and Accountability correct after 60 (SIXTY) Years of governing with the help of Top Scholars and Expensively-Paid CONsultants and Gold-Mine-Digging Ministers! Like that, how to claim world best? Must be very thick-skin shameless beams, right? How to let them continue to givern forever?

///And they are the strongest some more, and the only opposition party having MPs in Parliament.///

And they are the only Dominant Party with Absolute Unfettered Powers some more! And the ONLY Political Party that holds 90% majority in Parliament some more! Passing Bills and Laws like changing soiled nappies at anytime at any whim and fancy!

///And if the strongest is like that, what more the rest?///

And if the Best PAP Political Leaders are like that, what more their cronies, sycophants, running-dogs and parasitic blood-suckers???

Anonymous said...

They must "waste" another 2 more years doing NS!
Fair?
11:49 am

Not fair also LL like that what.

What can the Singapore males do to make it fair, u tell me lah?

Seek political asylum in USA and embarrass the PAP like what Sinkie boy hero Amos did?

In fact Amos still in jail in USA u know, and for 6 months already. And if the US govt is successful in their appeal against his asylum, Amos may even be repatriated back to Sinkieland to serve his NS! And kena jailed in USA for nothing!

So still want to be Amos?

That's why PAP knows that Sinkie boy hero Amos will be the first and last Amos. So no more Amoses after PAP and USA kou tim (dealt with) with Amos.

Virgo 49 said...


Anon 11.12

WP cannot even get their TC accounts right? ?

This is a subjective grey matter just because they had paid their managing agents more than the PAP TCs.

Which MA dared to do for Opposition Ward? ?

If they get their people to set up as MAs, they accused them of cronyism.

So far, nothing unbecoming has leak from the TCs of the PAPIES. It's because there is no Opposition MP to bring up matters pertaining to them.

Their own MPs would not be so stupid to shoot their own feet. Further, most agencies related to the ruling government, who dares to bring up any wrong doings??

You DONT be surprised that they have more discrepancies that you can think of.

Only when there is a whistleblower or some one dared to question them of their TC accounts.

What about losing millions in investing or gambling in shares and what Investments Scams.

Why use these funds for these activities? ?

You think if they made gains, they will share with you? ?

Only increased their benefits.

So don't be brainwashed by them the wrong accounting by WP.

Anonymous said...


No point kpkb n kpkb here anymore lah........

Yes! 70% already "OK-ed"! PAP can do what they want........

In fact the prediction is 80% at the next GE.........

Oso the prediction is H smc A grc going back to PAP........

So.......just 3Ms! Be happy and worry less........

No point kpkb n kpkb.....singapore is like that.......

Kpkb n kpkb.....but when come to voting.......PAP........

Tio or Bo Tio?

Anonymous said...

What can the Singapore males do to make it fair, u tell me lah?
Seek political asylum in USA and embarrass the PAP like what Sinkie boy hero Amos did?
May 13, 2017 12:03 pm

What about China?
Can Singaporeans seek political asylum in China?
Now that China welcomes all overseas Chinese?

Anonymous said...

YaYa PAPaya Jokes
------------------------

Q. whats the difference between a YaYa PAPaya and a bucket of shit?
A.the bucket

Q: What do you call a YaYa PAPaya that does well on an IQ test?
A: A cheat.

Q: What's the thinnest book in the world?
A: Alternative views in the YaYa PAPaya Party.

Q: You're trapped in a room with a Lion, Cobra snake and a YaYa PAPaya.
You have a gun with two bullets. What should you do?
A: Shoot the YaYa PAPaya. Twice.

Q. Why do ducks fly over a YaYa PAPaya Rally upside down?
A. There's nothing worth craping on!

Anonymous said...

A nation of swine want to eat pearl..how can

Anonymous said...

"the policy is to prevent degree holders flooding the market like “some Asian countries.” So the PAP cap the local University grads at 30%, but bring into Singapore the excess degree holders of other Asian countries.

Anonymous said...

"Who are the clergy in the Church of LKY?
Who is the current Pope?"

Learn from Sunday worshippers.

Close your eyes, raise your hands, loose your tongue and babble then sing....I surrender...I surrender....I want to know you more...I want to know you more lord....

Anonymous said...

The sin of the Workers' Party is not the poor management performance of the WP Town Council AHTC, but the very docile performance of the Workers' Party MPs in Parliament . . .

Anonymous said...

Our future towns will feature even more lush, open spaces that can be enjoyed safely by pedestrians, rather than a landscape blighted by roads, car parks and cars. For those who still insist on driving, we will provide roads, but underground, as far as possible.
We look forward to developing this exciting future for mobility in Singapore and improving the quality of life and the living environment for Singaporeans.

Read more at http://www.channelnewsasia.com/news/singapore/commentary-singapore-s-impending-urban-mobility-revolution-8830732

Where find money and who is going to maintain it? Your childrren without degree?

Anonymous said...

I know how...steal someone's lunches to pay for it

Anonymous said...

FAKE NEWS!!!!!

Anonymous said...

“So the Fosbury Flop is a story of a sudden leap that disrupted the game, making old techniques redundant, and everyone then copying and improving it and taking the record even higher,” he added. “That’s how it must be in the economy, and especially in the industries that have been stuck in low gear. We have to allow and encourage disruptive change. There is clearly scope for it.”
He cited the example of the retail industry where e-commerce is a game-changer, and in the urban logistics and construction industries.
“If we can achieve this – both the bold, disruptive changes and the constant improvements that are part of an innovative economy – we can keep growing WAGES for the majority of Singaporeans,” he added.

Read more at http://www.channelnewsasia.com/news/singapore/singapore-has-to-deepen-skills-spur-innovation-in-every-industry-8844264

The wages of Sin is death

Anonymous said...

Concluding, Mr Tharman said Singapore's greatest strength must remain its ability to help people keep developing through life and to earn their own success in every walk of life: "We must develop every Singaporean so that they can create the best future for themselves, and for Singapore."
Read more at http://www.channelnewsasia.com/news/singapore/singapore-has-to-deepen-skills-spur-innovation-in-every-industry-8844264

Tap your creativity for disruptive changes so that you will always be on the brink of death or someone's death and those who are lucky to survive will continue the Creative work of disruptive changes for the prosperity of the most ruthless and the multimillionaire masterminds( you call such ideas work on their part??fart all day call work ah??)?

Anonymous said...

@ May 13, 2017 7:40 pm & May 13, 2017 8:36 pm

Do you think these types of Mental Masturbation is worth the millions in salary we are paying?
- this type of standard
- any A-Level student also can do

Anonymous said...

End park.also need to restrict monkeys

Coming out to steal n bite sg citizen 2.

Anonymous said...

"We must develop every Singaporean so that they can create the best future for themselves, and for Singapore." - Mr Tharman

Really ah?
Then why you restrict university places to qualified Singaporeans to just 30% ?
Why you replace Singaporeans with Aliens?
Why ah?

Anonymous said...

Now they restrict A$$ brain to 30%

The rest will be Shit brain because they are the output or come under A$$ brain.

I suppose the future will be more shit from A$$ holes. What do you think?

Anonymous said...

.. continuing @ 11 May 10.36pm (from RB's 11 May 2017 post: "CB is likely ....."


Part 9:


As mentioned in Part 8, the kintergarden route to easy economic GDP growth is to take the capital accumulation route followed by massive "geylang trade" ....... oops ....... leg open big big ...... oops ...... open the flood gate ...... oops ...... massive foreign (mostly fake) talent influx aka exponential population explosion .......

Globalisation was used as an excuse to bring about such (unjust) policies that (predominantly) obliterated the livelihood and thus the future of the lower income and also shattered the rice-bowls of many middle-age PMETs evidenced by the proliferation of ever oncreasing number of licensed money lending shops (popping up like overnight mushrooms after a heavy thunderstorm rain) and the most "HIGHLY QUALIFIED AND EDUCATED" army of work force in the taxi and ride-hailing business .......?

Professionals with good, stable jobs and high income have access to cheap abundant credit with as low interest rates as less than 2%? Unless YEW put a gun to their heads, they will never go to those ever-increasing licensed money lenders littered throughout the centres and neighbourhoods of the heartlands and even in the Central CBD areas with many such businesses having branches and outlets in older buildings in Chinatown, Bugis, .......etc?

With the unabated multiplication of licensed money lending shops across the entire island, it is obvious that there are massive underlying demand supporting the business costs and hefty fat profit margins of such LEEgalised "(semi) loan sharks" as it is NOT an exageration to liken the interest rates paid on some of these loans taken by many low income, desperate, poor heartlanders as comparable to ilLEEgal loan sharks?

How did "GLOBALISATION" ended being used by many POLITICIANS & their CRONY BUSINESSES to widen income inequality across the globe and make the poor even POORER?

Anonymous said...

The foreigners reading uncle's blog and the silly anti people policies must be shaking their heads in disbelief. How could there be such idiotic leaders running a country and being voted by an even more idiotic population that could not see how their future and the future of their children being ruined by such reckless policies?

Anonymous said...

Part 10: (...continuing @ 6.01pm)

How is "GLOBALISATION" linked to (unsustainable) easy growth tied to capital accumulation and population growth that exacerbated gaping social inequality and hugely enlarged the social cracks in many countries into massive craters?

Globalisation, in itself, is a rather general term encompassing many dimensions. In broad terms, globalisation encompasses economics, financial, cultural, sports, tourism, etc aspects. In much narrower terms globalisation encompasses (1) Trade; (2) Labour Mobility; (3) Capital Mobility.

Going back to the construction worker (now named as Muthu for easier illustration purpose) and the 5 bulldozers example, starting from 1990, LaoGoa (and his 2G Cohort) embarked on a massive asset inflation drive to generate easy growth and hoodwink sinkies that what GKS can do, he can do better?

Alas, an average HDB 4-roomer that cost under $100k in 1990 was driven to about $350k by 1996 at the height of LaoGoa policies man-made property bubbles ........

In economic jargons as well as NATIONAL INCOME ACCOUNTING (aka GDP computation), the construction of properties is parked under Investment (I) under the sub-category of "Residential Investment".

The other 2 sub categories of the Investment (I) component in the GDP computation is "Capital Formation" (such as factories, machineries, office equipments, factories, bulldozers [ah ...... the ones Muthu using], computers, satellites, telecommunication systems ..... etc) and "Inventories".

In short, if massive investments are channelled to productive capital formation, it is a good thing as a factory built can generate jobs and economic growth for many years to come and help boost employment and boost standard of living through workers having jobs and regular income etc.

But other than a one-time off of adding to GDP numbers, what "PRODUCTIVE" use does residential investment generate in the economy?

Driving growth through properties and thus residential investment is NOT without future risks and livelihood-wrecking consequences?

Look at Spain ........ what was the root cause of their problems since 2010?

Spain, together with Portugal, Ireland, Italy and Greece are labelled "PIIGS" by the financial world and media since 2009/ 2010 as "PIIGS" actually stands for "Portugal, Ireland, Italy, Greece and Spain" ........

So, what has driving growth through residential investments and formenting property bubbles got to do with Globalisation, people's livelihood and the masses?

What has it got to do with Muthu (the construction worker from India in this example) and the 5 bulldozers (for illustration purpose)?

What has it got to do with the past 117 years of growth history across the globe, the causes of growth and the Inada Conditions mentioned in Part 8?

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