Saturday, May 16, 2009

New definition

Learn recently that we are going to have our 1 millionth English word. 'Noob', I don't know what it means and seriously do not mind missing that word out of my vocab.
It is known that the average persons vocabulary is fewer than 14,000 words out of these million that are available. A person who is linguistically gifted would only use 70,000 words.

Well Singapore being all so innovative, has redefined the word "assembly" recently. As you all know illegal assembly laws in Singapore means we cannot gather in groups of 5 or more people. So seriously, I try to avoid going for class gatherings or dinner appointments, please stick to 4 and do not loiter around afterwards. But that was in the past.

For the apolitical readers of this blog, did you know under the new Public Order Act which was announced on 23 March 2009 , cause-related activities will be regulated by permit, regardless of the number of persons involved or the format they are conducted in, unlike existing regulation which defines an illegal assembly as one that involves 5 or more people.

So what that gibberish shit means is, even one person can now be defined to be of illegal assembly. Our nation’s political history has once again redefined the word "assembly"; as the gahmen took steps to further curtail the rights of Singapore citizens to freedom of peaceful assembly in the name of preserving national security.

I hardly use that word anyway ever since I left the primary and secondary school system of having morning assemblies to sing national anthems and say the pledge with a fist across my heart.



But this new redefined word by our elitist investment arm Temasek, made news on CNBC recently (Caught by Mr Lucky Tan) -Appalled and embarrassed totally. Our so called "LONG TERM" investments actually stood at 3 freaking months. I thought it was 10-20 years. What was all this press conferences and speaking for our female head honcho about looking forward about? I just felt I was being taken for a ride and right now Sillypore's a laughing stock around the world.

Anyway watch this newsclip and the bomb drops at almost the end.














"Temasek sold off all of his shares of BOA at US$7,.... a US$4.6 billion loss out of a US$5.9 billion investment, ....... this one guys, is right up there as one of the worst investments during this period for a single investment fund"- David Faber, Faber Report CNBC, 15 May 2009



We just keep making news for the wrong reasons, shouldn't heads roll for this? No apologies needed? Public funds or loose change in the tune of US$4.6 billion? That's S$1500 per Singaporean. Damn...

2 comments:

jason ho said...

Me quite pissed with what some 'higher-beings' have been doing to our money man...and you know I am not too knowledgable about stuffs like this...so imagine if I am pissed, what about the rest man...freaking u know what we can do with that amount of money? Any idiot would have an idea..

Speaking of an illegal assembly, there goes my meetings man...better start cancelling them...heh

airworm said...

well...American Idol Gives Back only had US$140 million and they seem to be doing quite a lot to help the world..and the less fortunate.
We are one selfish nation..oops i mean corporation..