Read this explanation on the difference between SIBOR and SOR (swap rates).
http://www.smartloans.sg/pages/the-choice-between-sibor-and-sor-rates
Saturday, December 4, 2010
Amicus Attorney Software |Legal Practice Management Software | Law Office Software
Amicus attorney premium is aimed at bigger and busier law firms and provides the best practice management options including time tracking, calendaring, files to contacts and is fully scalable which allows it to grow with your law firm’s growth.
Amicus Attorney Premium will assist in increasing the efficiency and time management in your law firm and it does this by allowing you to
- Easy file management and organization including recording all appointments, people, time spent on files, emails, phone calls etc.
Florida Child Custody Laws | Florida Child Support Calculator | Child Joint Custody
The power or jurisdiction for a Florida court exists even if the child is not present in the state in circumstances where the child may have been removed from the state in order to avoid a child custody order previously made or to avoid the modification of one.
When deciding on the best interests of the child a Florida court will have regard for the Uniform Child Jurisdiction and Enforcement Act.
Oregon Child Support | Oregon Child Support Calculator | Child Joint Custody
Both custodial and non custodial parents are entitled to avail of the Oregon child support program in helping to establish paternity, obtaining a child support order for your child, collecting child support payments, organizing health care for your child and other common child support issues.
Interestingly Oregon child support services are available to you even if you do not live in the State and relatives who have physical custody are also entitled to avail of the Oregon child support services program.
Generally the child support program in Oregon is administered by the Division of Child Support. Public assistance is available through a the District Attorney’s office in your county.
Friday, December 3, 2010
US employment report - a source of concern
The US employment report for November showed only 39,000 new jobs created, when economists were hoping for 140,000 jobs. The unemployment rate jumped to 9.8 percent.
This is a matter of serious concern. In spite of stimulus and quantitative easing, the US economy is not able to create the jobs needed to keep their people employed. The problem faced by the US will cascade around the world. We can expect tough times ahead, possibly a double dip recession, maybe even a global depression.
The problem faced by the US can only be solved through protectionism in some form. I expect the US to adopt some protectionist measures, although it does not have to be large scale. This will be a watershed, as the US had been promoting globalization for two decades. The boomerang had swung back to hit them.
I believe that some form of protectionism will be good for most countries. It allows each country to have its domestic economy and develop its own identity and culture. It will allow the income gap to narrow in the country and hopefully, keep the cost of living down.
Globalization has benefited only a small proportion of people, at the expense of the well being and financial security of large numbers of people. It has caused damage to the environment and other negative social impacts, including a declining birth rate. In my view, the benefits of globalization is outweighed by the harmful effects.
Singapore has benefited from globalization, including luring the super rich to avoid taxation by moving their profits here. We will lose this source of revenue, but we can cope. After all, Singaporeans are an educated and hard working people. Let me make a honest living, and not enrich ourselves at the expense of other countries. Maybe, we will see the property prices come down to more affordable levels!
Tan Kin Lian
This is a matter of serious concern. In spite of stimulus and quantitative easing, the US economy is not able to create the jobs needed to keep their people employed. The problem faced by the US will cascade around the world. We can expect tough times ahead, possibly a double dip recession, maybe even a global depression.
The problem faced by the US can only be solved through protectionism in some form. I expect the US to adopt some protectionist measures, although it does not have to be large scale. This will be a watershed, as the US had been promoting globalization for two decades. The boomerang had swung back to hit them.
I believe that some form of protectionism will be good for most countries. It allows each country to have its domestic economy and develop its own identity and culture. It will allow the income gap to narrow in the country and hopefully, keep the cost of living down.
Globalization has benefited only a small proportion of people, at the expense of the well being and financial security of large numbers of people. It has caused damage to the environment and other negative social impacts, including a declining birth rate. In my view, the benefits of globalization is outweighed by the harmful effects.
Singapore has benefited from globalization, including luring the super rich to avoid taxation by moving their profits here. We will lose this source of revenue, but we can cope. After all, Singaporeans are an educated and hard working people. Let me make a honest living, and not enrich ourselves at the expense of other countries. Maybe, we will see the property prices come down to more affordable levels!
Tan Kin Lian
Living on accumulated savings - DIY
This article explains how a retiree on live on the accumulated savings on a DIY basis, without buying a life annuity.
Wikileaks and Singapore
LKY's private conversation and candid views with US officials have been leaked out in WikiLeaks and is causing some red faces. Read SGEP.
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