Weekend linkdump

“There should be no retirement age for workers in Singapore”, says Minister Mentor Lee Kuan Yew, saying that “old people should be more productive” and holding himself up as an example – he is, after all, 86 years old and still working.

I’d keep working until 86 as well if I was being paid three million dollars a year.

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Whoa, deja vu! Via Naked Capitalism’s excellent China coverage comes this WaPo piece that brings back memories of 2006-vintage California and Florida (emphasis added)…

Wang Zhongwei, a 35-year-old stock market analyst who owns the apartment where he lives, bought two apartments in 2004 for investment purposes. He borrowed from family and friends to meet mortgage payments twice as big as his take-home pay. But in the middle of last year, he sold the apartments for twice what he paid and made $145,000, a fortune here.

“It’s much easier than working every day to make money,” Wang said. “I work very hard and compete for my so-called career every day, but I don’t make that much money from work.” In November, he bought two more apartments.

Strawberry picker Alberto Ramirez sues for copyright infringement.

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The scandal du jour in Aussie politics: Kevin Rudd, double agent!

Kevin Rudd was used as a double agent by the Howard government to leak information damaging to his enemies within the Labor Party.

Former foreign minister Alexander Downer has claimed Mr Rudd, at the time an ambitious backbencher, would seize on information given to him about his Labor rivals – and regularly feed it to the media.

“We used him mercilessly to embarrass (Labor’s then foreign-affairs spokesman) Laurie Brereton,” Mr Downer told The Sunday Telegraph. “We would give Rudd information to use against Brereton, and he would use it.”

And apparently Rudd is a bit of a sweary Mary (not really a surprise):

“You don’t understand,” Rudd said [to Daily Telegraph editor David Penberthy]. “As a result of your papers, 15 million people around the country think I’m a f****** c***!”

But wait! What retraction is that on yonder hill?

Mr Downer has released a statement this morning saying the interpretation placed on the comments he made are “wrong” …

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And JRE Keeps You Entertained All Weekend with Pöpcørn. (Click through to Youtube and turn on the closed captioning.)

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