The worst investment ever!

Let's say you heard of a job opening up. It's contract work. 4 years. Pays $100,000 per year. Would you spend $10m to try to win that job?

Shift now to the US Presidential election campaign. The job is a four year term. It pays $400,000 a year. The two leading Democratic candidates are expected to raise and spend $500m each to win the presidency (ST 9 May 2007, "Cash fuels the race for the White House").

There are things not upfront in the picture.

Pipeline is a go

M'sia's PM has announced the $11b northern pipeline to shortcut travel through the Straits of Malacca is on. And this guy's not prone to saying one thing and doing another. Competition for Singapore is on!

But I thought I read somewhere that it takes 3 days to offload a supertanker (VLCC) and just 2 days to go down the straits. Well, it's an option.