A considerate driver

It is rare to find a considerate driver in Singapore. Read this story.

Do you like the concepts?

A few people have passed comments that the suggestions in "A New Society" are too idealistic and impractical. They asked how these ideas can ever be implemented in our current environment.

I wish to advice readers to separate the concepts from the implementation. We need to focus on the concepts and ask, "will this lead to a better world?" It will take time to educate people and to show them that a new society can be build on new principles.

Similarly, the major religions will take a long time to be understood and accepted, before they become part of the mainstream life.

A good compensation for Minibond

Hello Mr Tan
I invested a small sum of Lehman Minibond with a bank. After negotiation with FIDREC, tbe bank offered 50% less 50% of interest paid to me, and I get to keep my shareholding. Please advice if I should just accept since my is a small amount.

REPLY
If the bank is willing to allow you to keep the Minibond and to receive the future proceeds at maturity, it is a good deal for you. You should accept it.

Survey: Land Banking

Dear Mr. Tan,

Appreciate that you can help, this is because land banking involves many people whom I know (more that 10 people invested) and the total amount is huge. We have no avenue to seek help. CASE doesn't take care of Investment link issue. MAS said Land investment is not under them. I believe if this goes to the speaker corner of make public, there will be a lot of investors step forward. Hope that we can meet to discuss the case in more detail. Appreciate you reply.

IF YOU ARE INVOLVED IN LAND BANKING, AND YOU WISH TO MEET OTHER INVESTORS, PLEASE REPLY TO THIS SURVEY.

"Capitalism is evil," says new Michael Moore film

Read this story. I agree with the points stated in this article. The evils of capitalism can be replaced by some of the concepts described in my articles on "A New Society". We can keep some elements of capitalism, but in a modified form.