The state of our affairs

When news of Yaacob Ibrahim's retirement from cabinet came to light, it wasn't all surprising but something that was expected. Afterall, a cabinet reshuffling of sorts had been in the talks in the quasi state controlled media. Along with other long serving ministers, Dr Yaacob's departure from cabinet and eventually politics,that is, by the time …

The Asset Enhancement Fallacy

*Flashback 2011 General Election campaign* 1. Then NSP Secretary General Goh MengSeng approached a group of youth at Tampines explaining how HDB prices are soaring too high to grasp levels and they responded with disbelief when uttered "don't be surprised if you would need to fork out almost a million to purchase a flat". And then, …