Saturday, June 11, 2011

Temasek Review - Facebook Poll

Here is an interesting poll conducted by Temasek Review on Facebook.

The ranking is
George Yeo
Tan Kin Lian
Dr. Tan Cheng Bock
D.r Tony Tan
S R Nathan

http://www.facebook.com/home.php?sk=question&id=10150274773225783

SGEP - Singapore Economic and Social Portal

This portal provides links to articles (appearing in other blogs and websites) on economic and social matters affecting Singapore. http://www.easyapps.sg/SGEP/Latest.aspx It also makes a brief summary of the article.

It is a useful portal to get a good view of the articles that are posted elsewhere. You can click on the link to go to these websites.

You will see comments from other people about Tan Kin Lian. Some of these comments are based on mis-understanding about my intents. Please correct them by referring them to the statements in my website on the Presidential Election (see http://www.tankinlian.com/Information.aspx?CatID=16)

Some people make defamatory statements about me. You can ask them to substantiate their statements or stop their defamation. Help me to combat these smears.

Tan Kin Lian



A view on the Internal Security Act

Dear Mr. Tan,

For me, everyone in this world, terrorists, criminals or not, deserves a fair trial. There might be times that the country must use draconian laws to detain a suspect based on intelligence that he might commit a large scale crime. However, at other times, if the country uses the draconian law at any slightest flimsy belief that a person is jeopardizing the security of the country, it can be said that the country is no better than a terrorist himself.

The president council, which advises the president on this matter, will play an important moral role in determining whether ISA should be deployed. The president and his council must not be seen as a trigger-happy entity. As such, the president council, upon receiving intelligence, information and recommendations from the home ministry that ISA should be invoked, must scrutinise the information very carefully.

Firstly, the president council must be at least 95% confident that the Home ministry's justifications on the use of ISA is valid. After that, the council may advise the president accordingly, and the president would have to scrutinise the information again and must be at least 95% confident that the council's justifications are valid. (As to what information and intelligence that can substantiate a 95% confidence, I am not privy to them so I think you need to do more research on it since you are running as president).

And so the Home Ministry gets the nod and proceed to arrest the suspect under ISA. Then, by all means a fair trial should be prepared immediately for him. The president might have no discretion on this matter, but I think it is fairly appropriate and within the constitution that the president can speak-up and urge on this matter and not maintaining silence, since the president is directly involve in the arrest. The president must show a moral authority that advocates a fair trial for everyone.

According to the constitution, the ISA detainee may be detained for up to 2 years, after which the Home ministry can extend the period indefinitely. It needs the assent of the president, but here the president have no discretion.

What the president should do in this case is to push for transparency as to why the ISA detainee is arrested in the first place. Since it is already 2 years, documents which leads to the arrest ought to be published for the public to see. Only then the public can perceive the government as free and fair. If 2 years is too short and the issue is still a national security where documents must be kept secret, then by all means extend the declassification to 3 - 5 years later. But whatever it is, at the end provide justification on the decision of the government and the president.

Sophia Ong

Payment to FISCA

Some people asked how to make payment of FISCA for subscription, event or donation. Please read here
http://easyapps.sg/assn/Org/Guide.aspx?id=5

Do we need an Elected President?

There is a long thread in my Facebook account on this questions. I have joined in the conversation with this reply:

Many people think that we do not need to pay $4.2 million for a President to do the job. I agree. In my statement, I have stated that I would donate a large part of the salary towards charity, if I am elected. Read my various statements here:http://www.tankinlian.com/Information.aspx?CatID=16. Some people think that we do not need to have an Elected President and can go back to the old type of ceremonial president. I also agree. But since we already have this type of constitution and a president has to be elected, I have decided to stand and offer a choice to the people of Singapore.

President has executive powers

http://thinkhappiness.blogspot.com/2011/06/president-has-executive-authority.html

Financing your child's tertiary education

I saw an article in the Sunday Times about the high cost of financing your child's tertiary education and the need to make savings towards this goal. I wish to supplement the article with these tips:

1. Financing your child's education is only one part of a total financial plan. You also need to save for your own retirement needs.

2. You should set aside 15% (or more) of your monthly income towards savings, on top of your CPF contributions. There will be times in the future when your income drop or you have to meet unexpected expenses or you get unemployed - so it is important to make adequate saving when you have a steady income.

3.  You have to invest your savings in a low cost investment fund to achieve a yield of 4% or higher for the long term. Your money in the bank earns less than 1% per annum. The bank may try to sell you a life insurance policy that give you a long term yield of less than 3% per annum (and it should be avoided).

4.  Read about financial planning from my book here (www.tankinlian.com/ishop) or attend the educational talks organised by FISCA (www.easysearch.sg/fisca). Be educated about financial planning and be able to make the right decisions.

Tan Kin Lian