Ban recreational fishing

Name:        CHAN, Sin Fong

Subject:     Ban Recreational Fishing

Visit Time: 16/01/2008 2:45 AM

Remark:

If whale hunting is an issue with Australia, fox hunting in England, seal hunting at the Pole, duck shooting in many parts of the globe, then we should add onto the list – recreational fishing.

Just like all mentioned, recreational fishing should not be considered as a sport. Ordinary humans don’t hunt for food, and therefore, recreational fishing is a cruel excuse to keep the sadistic entertained. It is, in fact, more revolting to use small fish as bait to catch bigger fish. It is about time, the Greenies do sometime about this cruel sport. Better still, persuade your friends to forget about the next fishing trip!

Banks - triple dipped

Name:        CHAN, Sin Fong

Subject:     Banks - Triple Dipped

Visit Time: 16/01/2008 2:28 AM

Remark:

What a load of rubbish that due to the subprime crisis, banks have to pay more to raise or repay overseas borrowing? On the contrary, the interest rate in US has been dropping, and our currency versus the US increasing.

To illustrate this with a simplified example, if our currency has risen from 80 cents to 88 cents per US dollar, the increased percentage is (88-80)/80*100% = 10%. If the interest rate were to increase, not decrease in this instance, from 5% to 8% in US due to the subprime crisis, the increase is just only 3%. By repaying the loan in US dollars, the banks netted a gain of 7%. The banks are crying poor, but in fact they are making more money now than they claimed to have outlaid.

By charging more from the least afforded, the banks are evil and morally corrupted

Christmas 2008 comes early for former nurses

Name:        CHAN, Sin Fong

Subject:     Christmas 2008 Comes Early for Former Nurses

Visit Time: 16/01/2008 1:49 AM

Remark:

“Today the Prime Minister launched an $87-million program to entice thousands of nurses who have left the profession to come back with cash bonuses of $6,000.” Tomorrow, the former nurses come back to get the cash bonuses, and the day after, the nurses resign and live happily ever after with the bonuses!