Wednesday, November 17, 2010

SIA SAY SAF REGULAR NO GOOD FOR CEO

SIA's No. 2 man resigns
By Karamjit Kaur, Aviation Correspondent
Mr Bey (right) with Mr Chew (left) and Mr Goh at a press conference earlier this month. Mr Bey, whose last day with SIA is Feb 28, did not say what his plans for the future are. -- ST PHOTO: NEO XIAOBIN

http://www.straitstimes.com/PrimeNews/Story/STIStory_604014.html

THE No. 2 man at Singapore Airlines (SIA), Mr Bey Soo Khiang, has quit - two months after the carrier named his subordinate as the next chief executive.

He was the highest-ranking executive among four SIA officials widely believed to be in the running to succeed outgoing CEO Chew Choon Seng.

In the end, Mr Goh Choon Phong, 47, one of the four, was selected for the top post, which he will assume on Jan 1.

At the time of the announcement, he was reporting to Mr Bey, who is senior executive vice-president for marketing and corporate services.

Announcing Mr Bey's impending departure, SIA said in a statement yesterday that no decisions had been made on who would take over his duties.

He joined the airline a decade ago, after 26 years in the Singapore Armed Forces (SAF). He was Chief of Defence Force when he left the SAF in 2000.

Mr Bey said in the statement: 'The time is right for me to move on. I will be leaving knowing that the airline remains in good hands.'

Mr Bey, 55, whose last day with SIA is Feb 28, did not elaborate on his plans for the future but said he decided to move on to explore new opportunities and challenges. Mr Shukor Yusof of Standard & Poor's Equity Research said that the day SIA announced that Mr Goh would be the next chief executive, 'the writing was on the wall'.

He added: 'It does not come as a big surprise that someone of his calibre would want to move on, given that he did not get the nod (from the board) for the CEO job.'

There should be no shortage of jobs for Mr Bey when he leaves, Mr Shukor said, adding that he could easily move to a government-linked or private company, given his management experience.

SIA chairman Stephen Lee said it was with 'great regret' that the airline was announcing Mr Bey's resignation.

'He has served with great dedication and loyalty. He has made significant contributions towards the development of the company,' he said.

Mr Bey could not be contacted for further comments.

He joined SIA as executive vice-president (technical) in July 2000 and was promoted to senior executive vice-president two years later.

SAF regulars are bastards !!!

This story, reminds me of another incident - some fucking minions in the army.

This young man, he was supposed to attend a hearing for evading NS, he was badly injured in an accident, and missed his enlistment. When he received the letter, he attended the session with a limp as the limb supporting structures were still bound to his legs to help him walk. He had all the documents from the hospital and was ready to present his case.

FUCK that fucking colonel, a typical jiak liao bee and useless bastard. When this guy stood up and limp slowly towards the colonel, the colonel straightaway charged him for insubordination as that young man did not salute to the colonel. He was carried away by the jiak liao bees MP. On the pretext of going to the toilet, he gave them a slip - a Pioneer of Mas Selamat Kastari ?? He climbed over the fence and wall with limp.

For the next 2 months he went into hiding and MP went to his house looking for him. In that 2 months, he wrote to several places to complain.

In the end, owing to his serious injuries, he was exempted from NS. On the day that he went back to the enlistment centre to get his exemption letter, he said these to the same colonel with a middle finger after getting the exemption :

KAN NIN LAO BU AYE CHOW CHEE BYE !!

The colonel dash to fight with him, and he was ready for it. Luckily, that young man relative was there to intervene and stand in between the young man and colonel. I was hoping that the young man smashed the fucking colonel head with his bare hand - a karate opponent.

This fucking bastard colonel is the by product of fucking PAP system - arrogance and self righeous !!

There was another arrogance and self righeous RSM, and every recruits and privates hated him to the core. One day, my friend decided to take the law into his own hand. He paid off some gangsters to mob him at his flat. After one of the gangsters recognized that RSM face, he gathered the gang near the flat to whack the daylight out of him. Unfortunately, these moronic gangsters whacked the wrong person !!! The SON of that RSM !! Father and son look alike and about the same size !!

Sunday, October 24, 2010

NS is child abuse

U.S. Debt Is Child Abuse: Laurence Kotlikoff, Richard Munroe
By Laurence J. Kotlikoff and Richard Munroe - Oct 22, 2010 9:00 AM GMT+0800
Bloomberg Opinion

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We don’t want to think about it, let alone read about it, but higher taxes are on the way.

Two tax hikes were passed this year and another is likely. These new taxes are supposedly being levied just on the rich. But over time, they will hit most of our kids. And they are just the beginning of our children’s and grandchildren’s tax trauma, given Congress’s inability to curb spending.

The two increases are for Medicare. They were buried inside the 2,000-page health-care bill and take effect in 2013. Earn more than $250,000 ($200,000 if single) and you’ll face an extra 0.9 percentage-point FICA tax for Social Security. And once your income passes this level, you’ll pay a 3.4 percent tax on your asset income.

These thresholds aren’t indexed for inflation, let alone growth in real incomes. So these taxes on “the rich” will eventually hit everyone as nominal incomes rise with inflation and productivity. Within 20 years most earners will be paying these new Medicare taxes.

The Alternative Minimum Tax also has thresholds that aren’t indexed for inflation. Congress has raised these levels to keep the share of taxpayers affected constant. But there is no guarantee it will continue to do so.

There are two other income-tax thresholds that haven’t changed since 1984. These are the income levels at which the first 50 percent and then 85 percent of our Social Security benefits are subject to taxation. In 2000, only 22 percent of recipients were above one of these thresholds. Now it’s 39 percent. When today’s children retire, virtually all will pay taxes on 85 percent of their benefits.

Bye-Bye Tax Cuts

Take a current 10-year-old who reaches the 25 percent tax bracket. She’ll hand back 21 percent (0.25 times 0.85) of her Social Security benefit in income taxes. To add injury to injury, President Barack Obama’s National Commission on Fiscal Responsibility and Reform likely will recommend a 20 percent benefit cut through a three-year increase in Social Security’s full retirement age.

Congress will, surely, also repeal George W. Bush’s income- tax cuts for the rich by raising rates in the top two brackets to 36 percent from 33 percent and to 39.6 percent from 35 percent. Over time, many of our kids who are middle income and even low income will face these higher rates because of real bracket creep.

Based on these assumptions, many young, low earners, now in the 15 percent bracket, will land in the 25 percent bracket by 2020. And many young workers with moderate earnings, now in the 28 percent bracket, will move into the 36 percent bracket.

What’s the total impact on young and future Americans of these tax time-bombs?

Kids and Grandkids

Consider two couples -- the kids, who are 30, and the grandkids, who will be 30 in 2040. The kids earn $70,000 a year per spouse, own a $400,000 house with a $1,718 monthly mortgage payment, will spend $30,000 on each of their two children’s four years of college, and earn 6 percent (3 percent after inflation) on their assets.

The grandkids are just like the kids except all their numbers are 3.68 times larger because of inflation and productivity growth.

Let’s reference by 100 each couple’s sustainable living standard absent any federal taxes. To compare the kids and the grandkids, we’ve adjusted the grandkids’ living standard down for their increased productivity.

Under the current tax system, the kids’ living standard is 83, meaning they face a 17 percent lifetime tax rate. Add in the new Medicare taxes, and the increase in top tax rates over the next decade, and their living standard drops to 80 -- a 20 percent tax rate.

Approaching Greece

The grandkids face a bigger hit. Their living standard is 74 -- a 26 percent tax. So, compared with the current tax system, the grandkids have to pay 9 cents more per dollar earned to Uncle Sam.

If things continue as we adults have planned, our nation’s debt, measured as a share of gross domestic product, will reach Greek levels just when the grandkids start heading to work. At that point, simply stabilizing the debt-to-GDP ratio will require raising taxes by 50 percent, thereby lowering the grandkids’ living standard from 74 to 61.

This is a 39 percent bite, more than twice the lifetime tax rate that baby boomers have experienced. Bear in mind, this is an average, not a marginal tax rate; it’s like taxing every dollar the grandkids earn at 39 percent.

Deficits Keep Soaring

A 50 percent tax hike will work for a while. But, given projected federal spending, it won’t keep deficits from soaring down the road. So the great-grandkids can expect even higher lifetime tax rates than their parents.

We’ve spent six decades passing the generational buck -- taking ever-larger sums from the young and giving them to the old, while promising the young their turn, when old, to expropriate their own offspring.

This massive Ponzi scheme is turning the American Dream into the American Nightmare. Stopping it means dramatically limiting the growth of federal spending. Here’s how:

-- Scrap our health-care system and provide all citizens with a voucher based on pre-existing conditions to buy a basic health plan, and limit coverages so that the total cost of the vouchers is fixed each year at 10 percent of GDP -- what Germany now spends on care.

-- Freeze Social Security in place, pay off its accrued benefits and replace the system with mandatory saving in personal accounts whose assets are jointly invested, by computer, not Wall Street, at minimal cost, in a fully diversified global index fund. The government would match contributions of the poor to make the system progressive and annuitize account balances at retirement. This Personal Security System would take much of Social Security’s unfunded liability off our kids’ backs.

-- Finally, stop spending more than the next 15 countries combined on defense. Declare victory in our unwinnable wars and bring the troops home.

And what about revenue? Scrap the current tax system and tax the elderly as well as the young through a levy on consumption. Also, provide a fixed monthly payment to each household to make the consumption tax progressive.

This all may sound radical. It’s not. Our progeny only have 100 cents out of every dollar they earn to surrender to Uncle Sam. And if their tax rates get too high, they will have a simple response: “Hasta la vista, baby.”

(Laurence J. Kotlikoff is a professor of economics at Boston University and president of Economic Security Planning Inc., and Richard Munroe is a senior software engineer at the firm.)

To contact the writer of this column: Laurence Kotlikoff at kotlikoff@bu.edu

To contact the editor responsible for this column: James Greiff at jgreiff@bloomberg.net

Tuesday, May 18, 2010

goh keng swee kill sg with NS

That is why I cannot understand when people claim he is compassionate. . Where NS was concerned he was not prepared to listen to reasons. It was his idea and nobody must oppose it. The Isrealis and old full time regualrs ( many of whom were of a particular race) were SKUNKS! They were sadists and torturers not trainers!

During those days there were poor hawker parents with only one son who approached them about exemption - cut no dice with him.

THE ARMY during GKS days!
+++++++++++++++++
In the early days you report sick you kena terok terok- it was almost like you kena punished for reporting sick.!

The Bloody combat chicken they threw to us for food, in the camp was horrigible

and the dirty mugs and mesh tins had to be polished just like your boots until you can see your face in them!

For stand by bed your mesh tins and water bottle had to be shining -

YOUR uniforms had to be starch so hard that it could literally stand up at attention on its own without your wearing it!

The bloody steel helmet weighed so bloody heavily on your head in the hot sun absorbed even more heat!

AND All these stupid things HIS BLOODY ARMY made us do!

1)Imagine giving us recruits a stupid 4 inche jack knife and making us cut grass with it at SAFTI? really dumb stupid things w ehad to submit to!

2)If the toilet walls were not well cleans the SGT Maj made you lick the toilet walls! tha that sort of abuse!

3)carrying granite and making roads for SAFTI and using branches of trees to tar the road! ridiculous! really cheap labour!
+++++++++++++++++++++++++++++++++

I call that the epitome of stupidity! instituted by a so called brilliant economist of the day, who didn't need to undergo all that stupidity himself ?

+++++++++++++++++++++++++++++++++
65 individuals were stuffed in one platoon sharing 4 toilet bowl- imagination the problem every morning just lining up in four details one behind th eother - to clear your bowels! Thanks to GKS again!

TO GKS it must be very funny- a whole load of educated A level students being treated that way! I can well understand why those doing NS in those days and their parents really hated himand cursed him to high heavens!
----------------------------
Interesting the age for NAtional Service cut off line was those born after 1949- and his only son Kian Chee was spared. And even if he had to do NS - as a white horse it would have been different.compared to the plebians' children!
-----------------------------

Thursday, May 6, 2010

fuck NS fuck SAF

ST PHOTO: MUGILAN RAJASEGERAN

NATIONAL Day is coming.

This year, The Straits Times will celebrate the places where Singaporeans call home on this island. The concept for this year's National Day Supplement is My Hometown in Singapore.

What makes people loyal to a particular neighbourhood?

What makes them proud?

What is so special about, say, Serangoon Gardens?

What is so unique about living in, say, Woodlands?

What do folks in Katong enjoy that others cannot?

Everyone has a home, or a hometown, in Singapore. Everyone has a story to share about the joys of living there.

We want to hear those stories.

We want to see photos of your hometown.

We want to read your poems, or lyrics of a song you wrote about your hometown.

Or even a podcast or a video you've made to express yourself.

In tandem with the National Day supplement on Aug 9, we are devoting space at straitstimes.com to allow you to share your stories, pictures and more.

Please submit them either with the relevant attachments or video links, to stonline@sph.com.sg with the heading 'My Hometown in Singapore' by July 15.

Leave your full name, age, occupation and mobile phone number.

We will also publish the contributions from the public in our supplemen

Tuesday, May 4, 2010

keng from NS good for you and fuck the country who sabo you

B-boys fake illness, escape army

SEOUL - NINE South Korean break dancers were arrested for pretending to have schizophrenia and other mental illnesses in order to escape compulsory military service, Seoul police said Monday.

Seoul Metropolitan Police Agency arrested the nine - members of the crew T.I.P. - short for 'Team work Is Perfect' - after receiving an anonymous tip that the dancers faked symptoms of mental illness to avoid South Korea's two-year mandatory military service, case officer Lee Jin-hak said.

'The suspects pretended to hear sounds and to see ghosts, feigning schizophrenia and insanity so that they will fail the physical for conscription,' Lee told The Associated Press. South Korea requires all able-bodied men aged 18 to 35 to serve at least two years in the military, unless they do not pass the conscription physical and are deemed unsuited to serve.

The suspects, whose names were not disclosed, thoroughly studied symptoms of schizophrenia, insanity, and depression in medical textbooks and the Internet, enough to deceive their parents and psychiatrists, Lee said. 'They played up their supposed symptoms so that they'll be hospitalized about thirty to fifty days - long enough to qualify for exemption,' he said.

South Korea's military service laws exempt men who have a record of receiving psychiatric treatment for 6 months up to a year, or if they have been hospitalized for over a month. 'Once they were cleared they break danced all they wanted, while others their age served their country,' Lee said.

Lee said the police will file criminal charges against three of the suspects whose statute of limitations have not yet expired, and order the rest to immediately report for military duty. The Military Manpower Administration said it plans to re-examine all nine men in a thorough physical. -- AP

indonesian cheated sg of NS enter havard

Poly 'reject' off to Harvard
Indonesian is the first S'pore Poly student to get into the elite varsity
By Amelia Tan
Harvard-bound Singapore Polytechnic student Kuriakin Zeng with the TR-2010 robot he designed and built with teammates. It will be one of the robots competing in the RoboCup competition next month at Suntec City. Mr Zeng, who is passionate about robotics, has clinched a full scholarship to study liberal arts at Harvard College. -- ST PHOTO: DESMOND FOO

HE WAS once rejected by Singapore Polytechnic (SP), but Indonesian student Kuriakin Zeng, 24, subsequently went on to make history at the institution, not once but twice.

Last year, he became the first SP student to score straight distinctions for all of his 33 modules in his electronics, computer and communication engineer-ing diploma course.

Last week, he became the first student from the polytechnic to be accepted into Harvard College, where he will do a liberal arts course - with the bonus of having a full scholarship from the Ivy League university.

Read the full exclusive story in Tuesday's edition of The Straits Times.

ameltan@sph.com.sg
 
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