of the soon-to-be bankrupt automakers...



so I read an article here about the 3 big automakers - GM, Ford, and Chrysler, going to congress to ask to be bailed out, in return for equity stakes for the government in their companies.

I thought it was a tad ironic when different representatives told the CEOs of the automakers that it was difficult to give money to them when they had flown into Washington on their own corporate jets, and that the reps' constituents earn less than the average employee at the automakers.

The feeling in one camp now is that these automakers, especially GM, are too big to fail. That their bankruptcy will cause systematic shocks to the wider economy through unemployment, and will destroy the companies that do business with them (upstream suppliers, peer support functions, downstream dealerships, etc)

That said, whatever happened to the free market economy? The government should not be the one to decide who fails and who survives, the economy should. If you make lousy, expensive cars, and give your customers bad service, you should go bankrupt, that's the evolution of business.

I read somewhere else recently that for every car Toyota sells, it makes USD$900, and for every car that GM sells, it loses USD$700. SURELY, that statistic alone tells us that these automakers are gettin' it wrong.

In closing, Rep. Michael Capuano, D-Mass, said;
"My constituents basically do not trust you, I need some assurances, my constituents need some assurances, that you're not going to blow this again. My fear is you're going to take this money and continue the same stupid decisions you've made for 25 years."

Everything else aside, this is a dangerous precedent, if the government does bailout the automakers? the lines are gonna start forming at capitol hill and everyone would want a slice of that pie.


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of the 2nd baby...



so i'm having this discussion with a friend D on msn.

She tells me she read off a forum about how a pregnant woman posted some msg on the forum about how her husband is a monster because he wanted her to have an abortion. Apparently, the husband only wanted 1 child, but she always wanted more, and so she got pregnant a 2nd time, thus the drama.

Now, it's real easy to just call the husband a bastard, but I think it's important to find out HOW did she get pregnant a 2nd time.

If it was an accidental pregnancy, then yes, sure, the husband's a bastard. Despite his own preferences, abortion is murder, no 2 ways about it. The wife should have the baby and he should love it as much as his 1st.

Now, if it was the wife's actions/omissions that led to this 2nd pregnancy, (ie: she consciously did not take contraceptives, or poke holes in the condom, or whatever), then the whole story changes doesn't it?

I always trust in the 'Clean Hands Rule'. That he who seeks equity must 1st do equity. If you have put yourself in this situation through your own deceitful and vicious ways, then do not expect sympathy. That's not saying abortion is right though, the husband is STILL wrong for suggesting abortion, it's just not right.

Well, what do i know? i'm not even married, not to mention being a father.
hahaha






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of the national day and the new semester...



as every year, i would watch the parade at home, where i dun have to squeeze with the other 10million patriotic Singaporeans. It's like a yearly ritual thing. 8)

In this past period, i've read a couple of articles and blogs about how people are bemoaning the loss of the singapore identity and how the national day parade is such a shell and all that other miscellaneous crap. I say as with every other thing in life? u can make the most of it, or bitch about it. I choose the former. I remind myself of what it means being Singaporean. I remind myself why I do what I do where I do it, and how i would STILL want to raise my children on this land one day. oh, and i stick a singapore flag on my car's windscreen, i got it free from the Caltex petrol station.. hahahaha..

On a happier note, the new semester just started this week. I'm doing Real Estate Development, Real Estate Economics, Investment Banking and Corporate Strategy. 4 is kinda heavy but i think i'll cope, and the material looks interesting. 8)

Thank god for technology, i now appreciate how msn and skype can keep a long distance relationship going. It's no real substitute for the real face-to-face deal, but it will have to suffice in the meantime, so far so good.. so far so good..

Sentosa with the AOC boys on saturday and mj with fei and xiong after!! WOOPEE!!
8)



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of the unique Y chromosome...



so i'm havin this msn conversation with ma fren of 10yrs now rite..
let's call her S
so S is seeing this guy G for about 4 mths
and they are in a mutually-consenting, non-exclusive relationship
which sort of mean they're just dating, nothing too serious yet
somewhat lidat...

anywayyyyyyyy

so they had this fight, which i found particularly interesting
cos i thought it just beautifully and succinctly illustrated the difference between a man and a woman.

Scenario
G meets male buddies for drinks. Leaves early from gathering to meet S.
upon meeting S, tells her (quote) "Don't tell John I left early to meet you and incriminate me"

so they fight, S packs her stuff and leaves the house.

see, i dun get it.
she thinks that G is probably "ashamed" or trying to hide their relationship
(even tho it's non-exclusive)
but i actually don't think that was his intention
if it was me? i would have done the same, specially if "John" knows the gf.

why?
cos all men think other men who leave their drinking sessions early to meet their gfs are just - weak.
it's that simple really

not that i can convince her..

8)






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Labels: men, weak, women, Y Chromosome

of the broken speakers and the new suit and Rag 2008...



So It's mid july, before i know it.
the new sem is startin aug 11, tt's really soon
2 more semesters to go for my MBA!!

my comp speakers died (actually it's the power supply adaptor that's died)
and i couldnt get a replacement no matter where i went to in simlin and funan
so i bought a new set of speakers at challenger!! haha

and i went to look for my regular tailor daniel to tailor a new suit
it's a really deep black material, fitting is in 2 weeks
i like sharp suits
just that it's too damn hot to wear them most times.. damn

and me and jiawei visited rag today,
looking at the rag dancers, it seems everything's changed,
but yet nothing's changed at all

i remember when i was there, in their shoes
21, fresh out of army, raring to start uni
my whole life ahead of me...
maybe i visit every year to remind myself how old i've grown
and i was young once too...
sighs...

hahaha..





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