tag:blogger.com,1999:blog-6897513886211197509.post8161622860366320325..comments2024-03-28T12:38:11.434+08:00Comments on Singapore Man of Leisure: To nationalise or privatise?Singapore Man of Leisurehttp://www.blogger.com/profile/13774067113884418001noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-6897513886211197509.post-30284712231683755592011-08-03T00:39:38.970+08:002011-08-03T00:39:38.970+08:00thank you SMOL! we can all learn from one another....thank you SMOL! we can all learn from one another. <br /><br />btw, rojak blogs definitely make for great reading! :)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-18351922473539679082011-08-02T14:13:37.782+08:002011-08-02T14:13:37.782+08:00Hi Jun - princess of peach blossom island!
Thanks...Hi Jun - princess of peach blossom island!<br /><br />Thanks for visiting :) You have a very interesting blog! <br /><br />Love your soliloquy, and found the translation of Li Bai's poem cool. Lucky I seldom use "kindly" - now I know it's talking down. Didn't know that!<br /><br />You make me feel more "normal" - it's OK to have many "interests" - I still have room to expand my rojak blog!<br /><br />So don't be surprised if you find "lao wan tong" lurking in your blog for inspirations :)Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-2159625773580041242011-08-01T20:47:44.336+08:002011-08-01T20:47:44.336+08:00'And if anyone tells me to trust him as he wil...'And if anyone tells me to trust him as he will take care of me, I will instinctively reach for my wallet to make sure its still there!'<br /><br />indeed, the road to hell is paved with good intentions!<br /><br />found your blog via a comment on angrydoc's blog. :)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-20595900081166183202011-07-26T21:25:50.520+08:002011-07-26T21:25:50.520+08:00Thanks for your comments!
I guess I need to share...Thanks for your comments!<br /><br />I guess I need to share where I stand for context and perspective:<br /><br />1) I believe in small government.<br /><br />2) I believe in personal responsibility.<br /><br />3) I believe in private enterprise.<br /><br />4) I believe in meritocracy and fair competition.<br /><br />And if anyone tells me to trust him as he will take care of me, I will instinctively reach for my wallet to make sure its still there!Singapore Man of Leisurehttps://www.blogger.com/profile/13774067113884418001noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-90882288509922818582011-07-25T20:19:00.349+08:002011-07-25T20:19:00.349+08:00Definitely Nationalize.
In industrialized countri...Definitely Nationalize.<br /><br />In industrialized countries, almost everyone who can help it, would want to drive. It is the ultimate convenience and individual freedom.<br /><br />Obviously, in cities, particularly like Singapore it is not possible unless we drop our population back by 20% and triple our road network (triple deck - tunnel, and upper deck). Extremely expensive but government does not want to spend even though most citizens are ok - overcomes physical limitations, can be done through more creative financing and transferring this cost burden to the market (like variable return bond and list on the stock exchange through private road providers who collect tolls via our ERP system).<br /><br />When people buy cars, they don't care if it sits in the garage or when it is used - they already have an expectation of the value from it (which in a Singapore setting - it is uneconomic).<br /><br />The current transport companies operate as listed for-profit enterprises - therefore they will never do any "uneconomic" activity. Which is why our transport services are not the same as having your own car.<br /><br />By Nationalizing, you:<br />1. set the standards for transportation sky-high; connectivity equal to your own car, schedules as convenient as having your own car, sheltered and comfort level at peak hours equal to having your own car<br />2. with no concern to return excess returns to shareholders, you need only concentrate on meeting regulator proscribed quality standards<br />3. you can run as a non-profit but does not mean you run at a loss.<br />4. it is also ridiculous that you have to concentrate on revenue generation through property (commercial space at stations and stops so you can raise funds to provide services)<br />5. truly persuade people to give up their cars<br />6. finally make ministers and MPs must take public transport to work regularly - else they can never get people to believe them - one issue not to vote for them; pay themselves well enough that cars not a problem but did not act to properly compensate the loss of the right to buy a car through a properly maanaged transport systemAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-52986019275668424342011-07-23T18:47:59.681+08:002011-07-23T18:47:59.681+08:00I do not believe the problems currently faced by t...I do not believe the problems currently faced by the transport companies has anything to do with the services being owned by public or private sectors. In fact, a nationalized public service is more inclined to hide its flaws and has less accountability than a privately owned, public listed company. <br /><br />I think they are doing a BAD job now. However, I have yet to hear anything that convinces me nationalizing it will actually be better. Politicizing the whole affair makes it that much worse.Patrick T.https://www.blogger.com/profile/16937156072950729740noreply@blogger.comtag:blogger.com,1999:blog-6897513886211197509.post-61971944867088260632011-07-23T10:18:05.116+08:002011-07-23T10:18:05.116+08:00I think basically, the public is fed up that the C...I think basically, the public is fed up that the CEO, COO, CFOs of the transport companies are raking in big $$$ by running essential services that the masses has simply no other choice. TO continue to pay these utas management high salaries also cannot be justified if service is deem not satisfactory, with even lapses in security. So perhaps a simple solution is to be transparent about their pay packages with perhaps a pay cut, after all transport minister also expecting a pay cut. Then maybe the public can tolerate a 1-2 c fare increase as they would have felt vindicated. My 5 cents worth (inflation from 2cents)financialraynoreply@blogger.com