Rubbish.Originally posted by robertteh:What is the point to have all the scholars who cannot understand people's aspirations to survive and have good jobs.
The current system is sucking away citizens' monies through creative accounting to create more and more reserves aggravated by relentless recovering of costs in providing basic housing and other basic services. Such shylock-liking governing system is stifling the growth of our economy and scuttling our jobs.
Is the targeted building of 10-30 years reserves as what NKF has done with the support of the government the right policy when patients are dying only getting 10 cents in a dollar of donation supposed collected to save their lives.
At the end, reserve will be used to benefit some Durais for purchase of golden taps and 1st class airfares or building of 7 wonders.
What is the point of having so many scholar ministers who only know how to condone NKF wrong doings by pretending Durai had done nothing illegal. What is legality? Should wrong doings be shielded by harsh legality.
If legality are prone to wrong doings or laws are unfair there is always the equity o make them fairer....haven't our scholars at least understood what they have learned in colleges and universities about equity so as to govern the country with more equitability and fairness.
The present system of government is too self-centred and self-serving and leaders have forgotten their original passions to serve the people. They have failed to realize their terrible mistakes in sucking away too much monies to the government coffers.
It is morally irresponsible even if they have legal basis to do so. They should not govern the country with some futuristic assumptions or fallacies that have already been proven wrongful as found in NKF case.
They should be more balanced so that monies will continue to go around to spin the economy and enhance property values.
It is totally absurd to say that reserves are needed for raining days when it rains so many times with hardly any leaders caring to help the jobless with reserves - at least as endowments fund to cushion off worse effects of temporary unemployments or downgrading of economy as has been happening since 1997.
What is the point to have all the scholars who cannot understand people's aspirations to survive and have good jobs.duh if goverment everytime use the reserve money whenever crisis occurs dun you think our reserve will be like nothing left? it not like they just need to take out a few thousands dollar to solve the situation man. unemployment is something that the goverment can only do so much in solving it, you can't expect them to open new company just to accomodate the unemployment ppl isn't it? and even if they do, later on ppl will start saying ah they earn so much cos they are own by the goverment what blah blah blah sht come again!!!
The current system is sucking away citizens' monies through creative accounting to create more and more reserves aggravated by relentless recovering of costs in providing basic housing and other basic services. Such shylock-liking governing system is stifling the growth of our economy and scuttling our jobs.
Is the targeted building of 10-30 years reserves as what NKF has done with the support of the government the right policy when patients are dying only getting 10 cents in a dollar of donation supposed collected to save their lives.
At the end, reserve will be used to benefit some Durais for purchase of golden taps and 1st class airfares or building of 7 wonders.
What is the point of having so many scholar ministers who only know how to condone NKF wrong doings by pretending Durai had done nothing illegal. What is legality? Should wrong doings be shielded by harsh legality.
If legality are prone to wrong doings or laws are unfair there is always the equity o make them fairer....haven't our scholars at least understood what they have learned in colleges and universities about equity so as to govern the country with more equitability and fairness.
The present system of government is too self-centred and self-serving and leaders have forgotten their original passions to serve the people. They have failed to realize their terrible mistakes in sucking away too much monies to the government coffers.
It is morally irresponsible even if they have legal basis to do so. They should not govern the country with some futuristic assumptions or fallacies that have already been proven wrongful as found in NKF case.
They should be more balanced so that monies will continue to go around to spin the economy and enhance property values.
It is totally absurd to say that reserves are needed for raining days when it rains so many times with hardly any leaders caring to help the jobless with reserves - at least as endowments fund to cushion off worse effects of temporary unemployments or downgrading of economy as has been happening since 1997.
Kinda dumb for singaporean to ask our government to use our reserve isnt it? What is more difficult? making money or spending money?Originally posted by strikefreedom:duh if goverment everytime use the reserve money whenever crisis occurs dun you think our reserve will be like nothing left? it not like they just need to take out a few thousands dollar to solve the situation man. unemployment is something that the goverment can only do so much in solving it, you can't expect them to open new company just to accomodate the unemployment ppl isn't it? and even if they do, later on ppl will start saying ah they earn so much cos they are own by the goverment what blah blah blah sht come again!!!
it easy to use ur mouth to talk on how the goverment should do this or they shouldn't do that, you think you are playing some computer game whereby if something goes wrong you can just recreate or reload ur save game and try again?
also new policy by goverment is not a sure success as they can put it in motion when they pass the bill, but in between things may happen which are beyond the goverment control, then the policy may not be as successful as what it is suppose to be, so can't fully blame the goverment also.
if the goverment does not care for the people, there won't be any growth or in fact we will be looking at negative growth for our economic isn't it? it just that ppl just can't be content with what they have, in short they are greedy. if the goverment do something good ppl will say it their job n responsibility, if something is wrong it their fault. show some freaking appreciation to them and not just keep whimping about them. they are human afterall and human do make mistake.
i do not support or condemn the goverment, but certainly i am greatful for their hardwork else i think singapore will still be some 3rd world country. ppl like Chaim See Tong is a role model for ppl that want to change Singapore into a better place as in he use action to show rather then just use his mouth to talk. he may not always be correct but at least he got action to show.
ACTION > TALK
Yes, you may think there is no connection with NKF and the government. As posted in my other posts, I think the core values of NKF's and Durai are the same as the core beliefs and assumptions of the government. The government is where Durai drew inspirations from. That is why I don't think Durai will be punished or seriously punished for infringements of company acts or corruptions act as he surely will be allowed to push to someone in the board or say that the patron knew about all his high salaries and what he has done. Of ocurse one does not expect Khaw Boon Wan to admit such sensitive connection.Originally posted by Ding:Rubbish.
Where's the link between govt & NKFI don't see it.

there are more..... SIA(went overseas), SBS(take bus), NTUC(groceries), SMRT(public mrt), TAXI(taxis), ERP, Parking, Singtel(phone and internet)..... everyday we wake up, government is making our money.Originally posted by robertteh:Singapore was able to build such a high reserve because the government taxes its citizens at the average of S$500,000 - $800,000 through sheer creative accounting method per household from selling of HDB flats and vehicle taxes alone over a 30 - 35 years work span.
On top of such high taxes, it is recovering all the costs of providing government services from the people by charging them at full market values through corporatization of services into GLCs (to charge more).
Just working on the conservative estimate of 200,000 households along at the lower figure of $500,000 per household, we can easily see how our reserve has been built on people's monies.
S$500,000 x 200,000 households = S$100.00 billions.
Citizens are made to work the whole lifetime of 35 years just to build up reserve for leaders to claim success and paying from the reserve their highest rewards.
A load of crap is what I used to describe statements passed by people who do not have the facts to back them up.Originally posted by LittleTiger:there are more..... SIA(went overseas), SBS(take bus), NTUC(groceries), SMRT(public mrt), TAXI(taxis), ERP, Parking, Singtel(phone and internet)..... everyday we wake up, government is making our money.
oh ya, and the General Hospital with the medical bill of a private one. amazing.... (i thought GH shall be affordable for the general public and those who are rich can opt for high quality at private one)
I still do not see the link between how NKF functions is related to the Singapore govt after your elaborated explanation. One should keep one's argument short & sweet to facilitate clear understanding.Originally posted by robertteh:Yes, you may think there is no connection with NKF and the government. As posted in my other posts, I think the core values of NKF's and Durai are the same as the core beliefs and assumptions of the government. The government is where Durai drew inspirations from. That is why I don't think Durai will be punished or seriously punished for infringements of company acts or corruptions act as he surely will be allowed to push to someone in the board or say that the patron knew about all his high salaries and what he has done. Of ocurse one does not expect Khaw Boon Wan to admit such sensitive connection.
Let us now take a pause and try to understand what the government's beliefs and core values are all these years.
I am sure there is no problem for many of us to agree that in any society individuals collectively finally decide what they want for the society or success or failure of any endeavour.
Democracy of the west have triumphed over all autocracy, dictatorship, authoritarianism and communism over the past centuries that is a well known and well-accepted fact because in such a system, individuals are the centre of progress. Through exercise of individual flairs there will be creativity and entrepreneurship and competitiveness and advances in every field.
However in our system, individuals are being trampled upon by autocracy which sets all the policies and assumptions that there is nothing anyone can do to change our self-indulgent authoritarian rule currently riding on a certain wave ..
Apart from some initial success like achievements of independence and minor industrialism, our first-generation have yet to prove his ideas and assumptions about their own leadership and talents ..has actually worked.
Why is our autocracy so persistent if it is inept. Well in one short word, it is the man nature that man in power enjoy feeling the triumph of manhood and nobody is going to stop him to prove others wrong at a price to society of course. It has been like this some kind of ding.dong for the past 40 years.
Nothing will stop a man on the rise from giving up his power and let others have their say. He will want to prove his worth first. It is only after what the leaders have proved their manliness and ego that they will admit some "free market" or "free choice" as a better driving force to move ahead.
It will take a long long time to reach that stage where the individuals will be respected for the free wills to determine what are the bests.
Adam Smith no matter how good is his belief will not be liked by politicians in power.
Powerful men will regard such beliefs as weakling theory for it is in the nature of man that man is egoistic and self-centred and that will not change.
Neither will the free will that can be exercised by the one-man-one-vote system be allowed to take its course in the mind of such dictatorship.
In our case, the autocratic mind is that the younger ones do not know or are not mature to know who to vote or how to vote.
So the one-man-one-vote system has been doctored to yield to the fancy of the man and his ideas. He wants to prove his point and no one else will tell him not to do it, however wrong he may be in the eyes of others.
Your reasoning very crooked. NKF and government very different. Besides, there are other factors which lead to the situation that NKF is in now.Originally posted by robertteh:Yes, you may think there is no connection with NKF and the government. As posted in my other posts, I think the core values of NKF's and Durai are the same as the core beliefs and assumptions of the government. The government is where Durai drew inspirations from. That is why I don't think Durai will be punished or seriously punished for infringements of company acts or corruptions act as he surely will be allowed to push to someone in the board or say that the patron knew about all his high salaries and what he has done. Of ocurse one does not expect Khaw Boon Wan to admit such sensitive connection.
Let us now take a pause and try to understand what the government's beliefs and core values are all these years.
I am sure there is no problem for many of us to agree that in any society individuals collectively finally decide what they want for the society or success or failure of any endeavour.
Democracy of the west have triumphed over all autocracy, dictatorship, authoritarianism and communism over the past centuries that is a well known and well-accepted fact because in such a system, individuals are the centre of progress. Through exercise of individual flairs there will be creativity and entrepreneurship and competitiveness and advances in every field.
However in our system, individuals are being trampled upon by autocracy which sets all the policies and assumptions that there is nothing anyone can do to change our self-indulgent authoritarian rule currently riding on a certain wave ..
Apart from some initial success like achievements of independence and minor industrialism, our first-generation have yet to prove his ideas and assumptions about their own leadership and talents ..has actually worked.
Why is our autocracy so persistent if it is inept. Well in one short word, it is the man nature that man in power enjoy feeling the triumph of manhood and nobody is going to stop him to prove others wrong at a price to society of course. It has been like this some kind of ding.dong for the past 40 years.
Nothing will stop a man on the rise from giving up his power and let others have their say. He will want to prove his worth first. It is only after what the leaders have proved their manliness and ego that they will admit some "free market" or "free choice" as a better driving force to move ahead.
It will take a long long time to reach that stage where the individuals will be respected for the free wills to determine what are the bests.
Adam Smith no matter how good is his belief will not be liked by politicians in power.
Powerful men will regard such beliefs as weakling theory for it is in the nature of man that man is egoistic and self-centred and that will not change.
Neither will the free will that can be exercised by the one-man-one-vote system be allowed to take its course in the mind of such dictatorship.
In our case, the autocratic mind is that the younger ones do not know or are not mature to know who to vote or how to vote.
So the one-man-one-vote system has been doctored to yield to the fancy of the man and his ideas. He wants to prove his point and no one else will tell him not to do it, however wrong he may be in the eyes of others.
What kind of ward did you stay in?Originally posted by LittleTiger:there are more..... SIA(went overseas), SBS(take bus), NTUC(groceries), SMRT(public mrt), TAXI(taxis), ERP, Parking, Singtel(phone and internet)..... everyday we wake up, government is making our money.
oh ya, and the General Hospital with the medical bill of a private one. amazing.... (i thought GH shall be affordable for the general public and those who are rich can opt for high quality at private one)
"No brainer, one-liners" should also not be taken seriously.Originally posted by Salman:robbert teh is fixed on vilifying the govt. We shld not take his lies seriously.
Originally posted by ndmmxiaomayi:The primary link between Dura-NKF and the Ruling Party-Singapore Government is the ARROGANCE OF INDIVIDUAL MONOPOLY POWER.
Your reasoning very crooked. NKF and government very different. Besides, there are other factors which lead to the situation that NKF is in now.
Atobe, I don't agree with you.Originally posted by Atobe:The primary link between Dura-NKF and the Ruling Party-Singapore Government is the ARROGANCE OF INDIVIDUAL MONOPOLY POWER.
The UNQUESTIONABLE ARROGANCE of the monopoly grip on power by ONE PERSON through ONE PARTY was well learnt by Durai in his monopolistic grip on NKF.
As much as the POWER OF ONE had used our Judiciary System to silence all who dare to challenge and question the manner in which the current POLITICAL SYSTEM is managed, so has Durai learnt to use the Judiciary System to silence anyone who dare to challenge and question the manner in which the NKF was run.
The fact that the Singapore Government a.k.a the Ruling Party was blind sided by their own protege in Durai does not lessen the fact that they had annointed and supported Durai, and had even approved GCT's Peanut Wife to be the patron of the NKF.
For over FORTY YEARS, no one - not even the late Elected President Ong Teng Cheong - has been able to challenge the POWER OF ONE on the matters relating to a clear accounting of our National Reserves, the understanding of the extent of our National Assets that are managed by GIC and Temasek.
The corruption of power in a single individual at NKF has been exposed, is that not sufficient to set off alarm bells to awaken the larger picture from which Durai had modelled NKF from ?
Is SPH consider a GLC?Originally posted by ndmmxiaomayi:Atobe, I don't agree with you.
Firstly, let me define patron.
Patron: One that supports, protects, or champions someone or something, such as an institution, event, or cause; a sponsor or benefactor
Going by this definition, PAP did not approve her of being the patron of NKF. Rather, it is agreed by all committee members and the board of directors of NKF that she will be the patron of NKF.
While there is no doubt that Durai managed to use the laws to silence people who challenged him, however, the losing of the lawsuit to SPH shows that there is indeed loopholes in how he ran NKF. The other cases, as far as I know, the people who are suing did not produce enough evidence, that's why the lawsuit is either dropped or lost. SPH managed to produce enough evidence, and Durai himself, upon questioning, admitted himself some of the things, like how long the reserves can last.
The recent report that was out not too long ago showed loopholes in his leading. It also showed how he bypassed certain laws with the creative accounting practices of his.However, it also brings up the questions like how did the previous independent auditors audit NKF's accounts? How could they not notice such a big gap in the accounts?
Don't know. What are you suggesting?Originally posted by Gazelle:Is SPH consider a GLC?
Originally posted by ndmmxiaomayi:Being very conscious to his HIGH PROFILE PUBLIC OFFICE position as a Prime Minister, GCT will be very careful to ensure that no one person or organisation will abuse the advantage of his position or anyone close to him.
Atobe, I don't agree with you.
Firstly, let me define patron.
Patron: One that supports, protects, or champions someone or something, such as an institution, event, or cause; a sponsor or benefactor
Going by this definition, PAP did not approve her of being the patron of NKF. Rather, it is agreed by all committee members and the board of directors of NKF that she will be the patron of NKF.
:The fact that loopholes are there but have been concealed so well by the sheer dominance of the POWER OF ONE - in Durai - that even the Auditors were not able to penetrate the deceit and secrecy of all the loopholes.
While there is no doubt that Durai managed to use the laws to silence people who challenged him, however, the losing of the lawsuit to SPH shows that there is indeed loopholes in how he ran NKF. The other cases, as far as I know, the people who are suing did not produce enough evidence, that's why the lawsuit is either dropped or lost. SPH managed to produce enough evidence, and Durai himself, upon questioning, admitted himself some of the things, like how long the reserves can last.
The recent report that was out not too long ago showed loopholes in his leading. It also showed how he bypassed certain laws with the creative accounting practices of his.However, it also brings up the questions like how did the previous independent auditors audit NKF's accounts? How could they not notice such a big gap in the accounts?
I have been there ever since the Straits Times reported it. 2003, I think.Originally posted by Atobe:She certainly DID SUPPORT, PROTECT and CHAMPIONS Durai and the NKF - even up to the last hour with her famous 'PEANUT REMARK'- where have you been ?
PAP againt PAP?Originally posted by ndmmxiaomayi:Don't know. What are you suggesting?
What are the other factors resulting in concealments of golden taps, first-class air tickets and directors of the board being involved in business dealings with NKF?Originally posted by ndmmxiaomayi:Your reasoning very crooked. NKF and government very different. Besides, there are other factors which lead to the situation that NKF is in now.
I personally think that the problem lies with PM Goh's wife involvement in NKF. Without her, I think Durai will be less corky and auditors and health ministry will be able to do their job properly.Originally posted by robertteh:What are the other factors resulting in concealments of golden taps, first-class air tickets and directors of the board being involved in business dealings with NKF?
There are a number of causes or possible causes to be looked into:-
(1) Patron being the wife of our ex-PM GCT was a very powerful figure. With her as the patron, who will refuse cooperation with NKF or Durai. Which board of directors or which directors will dare to bare any wrongs committed by Durai. If we look at the press revelations, it would be clear that there are very powerful personages who behaved like emperors or empresses in NKF. Is this the result of following top-down governing system of our government? If that has been the case whether through copying or condoning, has anyone discover such power-play and done the right thing to stop any potential abuse at the higher level, the board, the regulators, ministers or patron.
The major problem, seems to be this has been going on for years and no one has been able to put right a big problem. Is this how the government department is being run as well? Is there any wrong doings going on in any other departments where no one dared to reveal any wrong doings.
(2) Ministry of Health not doing their regulatory jobs efficiently accountably or transparently.
(3) Has Durai or NKF been given the direct, indirect or tacit support of any of the ministers, rgulatory authorities or patron despite the wrongs being committed for so many years. Is the oversight caused by powerful direct or indirect or tacit support or ignorance?
In any event, the wrong doings have now been clearly established in the SPH/NKF court case.
Will these wrongs be considered seriously with accountability and transparency or will they be grossed over by some denials or legal shields with underlying causes conveniently forgotten or condoned.
Are these wrongs being questioned and examined by CPIB, CAD and regulatory authorities.
In the light of the above-mentioned facts and circumstances, what is wrong with citizens asking basic questions whether (1), (2) and (3) are the results of government practising the same set of core values and policies that resulted in NKF problems.
If KPMG, CPIB, CAD, Ministers cannot look into these queries and allow the root causes of the problems to be overlooked, that will be a bigger disservice to the citizens.
Cannot think of any factors for the above stated factors.Originally posted by robertteh:What are the other factors resulting in concealments of golden taps, first-class air tickets and directors of the board being involved in business dealings with NKF?
As you said, no board of directors will dare to bare the wrongs committed by Durai. It still has nothing to do with PAP. The only wrong which I see here is the top down governing system of our government.
There are a number of causes or possible causes to be looked into:-
(1) Patron being the wife of our ex-PM GCT was a very powerful figure. With her as the patron, who will refuse cooperation with NKF or Durai. Which board of directors or which directors will dare to bare any wrongs committed by Durai. If we look at the press revelations, it would be clear that there are very powerful personages who behaved like emperors or empresses in NKF. Is this the result of following top-down governing system of our government? If that has been the case whether through copying or condoning, has anyone discover such power-play and done the right thing to stop any potential abuse at the higher level, the board, the regulators, ministers or patron.
The major problem, seems to be this has been going on for years and no one has been able to put right a big problem. Is this how the government department is being run as well? Is there any wrong doings going on in any other departments where no one dared to reveal any wrong doings.
MOH although have to do regulatory jobs, but this job is usually leave to the charity department (I don't know what it is called, it oversees all charities). If something wrong is being discovered, MOH will then be notified. For example, independent auditors discover something is wrong with the accounts. They will then inform charity department who will conduct the investigation. If it cannot be done, MOH will then be called in. For NKF case, since it went to court, one could see how serious the case is.
(2) Ministry of Health not doing their regulatory jobs efficiently accountably or transparently.
It's not easy to solve to root causes. Just like an illness. What doctors can do is to lessen your symptoms. As for PAP, I believe it will be the same. They will be introducing policies to lessen the impact of the NKF incident as well as introduce laws to prevent another NKF incident. Treating root causes will require a total change, of which may be disastrous because nobody is leading. Policies have to be debated all the time and be changed within a few days or weeks of implementing. It is too chaotic.
(3) Has Durai or NKF been given the direct, indirect or tacit support of any of the ministers, rgulatory authorities or patron despite the wrongs being committed for so many years. Is the oversight caused by powerful direct or indirect or tacit support or ignorance?
In any event, the wrong doings have now been clearly established in the SPH/NKF court case.
Will these wrongs be considered seriously with accountability and transparency or will they be grossed over by some denials or legal shields with underlying causes conveniently forgotten or condoned.
Are these wrongs being questioned and examined by CPIB, CAD and regulatory authorities.
In the light of the above-mentioned facts and circumstances, what is wrong with citizens asking basic questions whether (1), (2) and (3) are the results of government practising the same set of core values and policies that resulted in NKF problems.
If KPMG, CPIB, CAD, Ministers cannot look into these queries and allow the root causes of the problems to be overlooked, that will be a bigger disservice to the citizens.
Sala lah you. PM Goh. Should be SM Goh liao. With or without her, Durai maybe will be less cocky. However, the auditors and health ministry may not do their job properly.Originally posted by Gazelle:I personally think that the problem lies with PM Goh's wife involvement in NKF. Without her, I think Durai will be less corky and auditors and health ministry will be able to do their job properly.