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I personally feel that the racism issue in Singapore is getting out ofcontrol. First, there was an issue on how the PRC complained about how currywas smelly. Next there was a statement made by MP Seng Han Thongthat Indians and Malays cant speak properEnglish. After that, ShimunLai referred to Indians as dogs and now, there is a full length blogpost trashing Indians by a Singaporean (Mr Stanley Hart) on his blogsaying that Indians are smelly, loud and rude.

Singapore is supposed to be a multiracial society and we are not acountry that tolerates discrimination against any race or religion.What has become of Singaporeans these days?Firstly, the government letting Shimun Lai off with just an apology isatrocious! If a harsher punishment was laid out, other Singaporeanswho even have any intentions about speaking ill or publiclyhumiliating specific races on the web would think twice.

It is high time the government does something about this issue becauseit is getting out of control and it is upsetting many people inSingapore. Even though Im away from Singapore at the moment (studyingin Perth), I came to hear about these issues of racism in oursupposedly multiracial society. How will people from other countriesrespect Singaporeans if we dont respect our own culture and beliefs?

The language that was used in Mr Stanleys blogpost was repulsive anddisrespectful to Indians and I feel that the government should dosomething about it. They should come up with a harsher punishment forpeople who discriminate and humiliate other races.

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Deepa

Editors note: Please comment responsibly below. All racist comments will be deleted without warning.

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Racism comments on online media getting out of control

31-03-2012 08:34 Thank you for watching another one of my video make sure you check out all my links! http Contact me via email with

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How To Make Money With Graphic Design - Video

British star to help fund sporting prospects on native Isle of Man

Great Britain's reigning world road race champion Mark Cavendish (Team Sky) used Thursday night's Isle of Man Sportsperson of the Year Awards to announce that he will be funding a new scholarship scheme to help the development of some of the island's brightest sporting prospects. Cavendish hails from the island off England's north west coast and he revealed that his own struggles were a motivating factor in his decision to start up the scheme, which will provide annual assistance for three youngsters.

"This island is great at producing sportspeople across all sports and the youngsters deserve the opportunity to get away and show it off," he said, after collecting his award for Sportsman of the Year for the eighth consecutive year.

"I love this island and I really love coming back here, but I know first-hand how difficult it can be to get off it every weekend - both financially and practically. I thought 'now I'm in a position to help people who are in the same position that I was in.'"

"Part of Mark's donation will be used each year to ensure we can send riders to British Cycling's regional school of racing and they will go as members of Cavendish Racing Isle of Man," said Geoff Karran, the island's chairman for sport. "This is a fantastic bequest and gives a fantastic opportunity to young cyclists."

Follow Cyclingnews on Twitter for the very latest coverage of events taking place in the cycling world - twitter.com/cyclingnewsfeed

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Cavendish to start charitable scholarship scheme

Misconception regarding the new general anti-avoidance rules (GAAR) spread panic in the market last week. Rumours are afloat that the tax authorities will use these rules to bring all participatory note (PN) holders and FIIs investing through tax havens in to the tax net.

Given the length to which the FM went to placate stock market players in the Union Budget speech, it is highly unlikely that he will impose a blanket tax on all PNs that make up 16 per cent of the total FII assets currently. Surely he knows that our market is not deep enough to withstand the sell-off that such an event can trigger?

Again the fact that there are many who use PNs due to reasons other than tax planning and that these instruments do not have any interest in the assets of the company are also arguments against taxing them.

But it is also true that a section of funds that enters our stock market is just black money camouflaged as FII money or PNs.

The Government should have the right to take closer look at the source of such money. The tax authorities might investigate a couple of cases and that could prove to be a deterrent to other wrongdoers. It would be wrong to panic at the thought that the tax men will form an army and run down all such cases.

Over time, genuine FII funds will make up for reduction in these funds. Value of PNs is down 60 per cent from the peak of Rs 4,50,000 crore in October 2007 (to end of February 2012). Total FII assets are up 20 per cent in the same period.

Derivative expiry also contributed to the volatility. But there was no bear squeeze and the stocks just slipped slightly lower in to the expiry.

We have a three-day week coming up and most market players might prefer to take off to the hills and beaches after the torrid time in the market last month. Action is, therefore, likely to be tepid next week.

Friday's recovery has helped salvage the daily oscillators and they are reversing higher. Both the Sensex and the Nifty reversed upward from the 200-day moving average last week. Weekly oscillators are dipping but they continue in the positive zone.

The implication is that the medium-term trend continues to be up for both the indices.

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Index Outlook - Resilient show by stocks

By Eric Bleeker | More Articles March 31, 2012 |

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This video is part of our "Motley Fool Conversations" series, in which senior technology analyst Eric Bleeker discusses topics around the investing world.

A quarter of the way into 2012, we're already seeing some major winners in the software and services market. Tudou is up 195% on the year thanks to its merger with Youku, while another Chinese company, NetQin, is the second best performer this year. However, what fascinates Eric is that enterprise-themed social-media plays are also soaring. Jive Software is up 69% so far this year, while LinkedIn has seen its own 64% pop. While exuberance around the pending Facebook IPO is surely a cause for these company's success, both of these companies have stronger business models than their social-media peers that rely on advertising. If these companies fall back from their huge gains on the back of any social-media selloff, they're two companies that would be worth investors' attention.

"Social media" is a common buzz phrase in technology, but it has nowhere near the profit potential of another booming technology field that's set to reshape how the world does business' big data. To discover one company Fool analysts believe will rule this emerging area of technology, we've created a free reported named "The Only Stock You Need to Profit from the NEW Technology Revolution." Inside the report we'll reveal a company that has gone on to gains of more than 200% since the Fool first recommended it. Best of all, it still has room to run. You can click here to access your report -- it's totally free.

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The Top Internet Stocks of 2012