Monday, June 15, 2009

Brilliant brainstorm briefly brewing

Party FAQs number 7:

Are there any age restrictions for guests? Can adults have Parties at McDonald's too?

There are no age restrictions. Yes, adults are welcome to throw parties at McDonald's. Adults can be kids again and experience the same games, activities and gifts as kids do!

I'm lovin' it

Saturday, June 06, 2009

The Innocence Project

There is this 62-year old Japanese man named Toshikazu Sugaya of Tochigi Prefecture who was sentenced to a life sentence after he was found guilty of killing a 4 year old girl in 1991.
His father died of shock when he was convicted.

Recently, he was released from prison after serving 17 years of a life sentence, when new DNA evidence proved that he wasn't the killer.

Besides the fact that he was wrongly accused and sentenced, there is also the disturbing thought that for the last 17 years, the real killer got away scot-free.

But back to the "wrongly accused and sentenced" bit. There is this online website that tracks convicted criminals who were exnoerated of their crimes after new DNA evidence was found in their favour. It's quite a disquieting thought to know that despite all the measures in place, the justice system is fallible.

Thursday, June 04, 2009

My job as an insurance policy for Singapore

I remember that somebody once likened military expenditure to buying insurance.
You hope never to use it but when you do, you are damn glad that you have it.

I have several policies. I started with a Life Insurance after a talk by some Insurance Corporation of Singapore representatives during Basic Military Training. This was followed by an Investment Linked Policy when I was 19. Endowment funds followed. And I recently switched to private health insurance to expand my medishield/save coverage and also increase my coverage on critical illness.

Like military expenditure, my objectives were clear. So through good times and bad - Asian Financial Crisis, SARS, bursting of the Tech-Sector bubble, I bought policies not just because I could afford them. Rather, I bought them because I could not afford not to have them. Am I better off now had I not bought them? I don't know. I have difficulty finding insurers who don't mind my medical condition (hypertension). My health and critical care policies come with exclusion and loading respectively.

No matter how the economy is performing, I maintain my policies with regular payments. This is because I expect the policies to provide protection whenever it is needed. Good times or bad.

So if military expenditure is like buying insurance, then why am I not given a bonus when times are bad? Don't I provide protection when times are bad?