What a big liarsOriginally posted by Atobe:continuation:
Was the Shincorp deal a purely commercial decision that has nothing to do with the Singapore Government ?
A deal worth $3 BILLION that is paid from cash taken from the Singapore Reserves and did not pass muster from the Singapore Government ?
Is Temasek an independent commercial entity similar to any large US or European Corporation, or is its existence due to the fact that its capital is 100% paid by the Singapore Government - with money from our Reserves ?
to be honest, even if the opposition magically got hold of 50-60% of the seats in the house, and even managed to uproot the AMK GRC, they probably still would keep being stone-walled by the remaining cronies in the respective GLCs.Originally posted by Fingolfin_Noldor:I remember someone telling me that should the PAP loose 66% majority, the Opposition could call for the opening of the books.
When the opposition takes that much control, these cronies have more than just the opposition to deal with. By that time, you can tell that the population is near mass revolt. That's when you know things are really really bad.Originally posted by nismoS132:to be honest, even if the opposition magically got hold of 50-60% of the seats in the house, and even managed to uproot the AMK GRC, they probably still would keep being stone-walled by the remaining cronies in the respective GLCs.
Originally posted by Atobe:Problem is, who can reveal or bring all of these into the light?
Does Temasek need the President to approve any investment decision ?
More likely, Temasek will seek the approval of MM and the PM, and one can only wonder if the SM's opinion is even sought.
In a January 2005, Herald Tribune reported "Temasek, which is wholly owned by the Ministry of Finance, has 90 billion Singapore dollars, or $55 billion, of assets and controls companies that account for 44 percent of the Straits Times index."
The Singapore Department of Statistic's February 2007 report had published the Singapore's Foreign Reserve as at US$136 BILLION.
It is very likely that Temasek has a huge operating funds that have NOT been transferred into the Reserves that require the approval of the President or Parliament.
Temasek's operating funds came from the Annual Surplus from this Government, who prefer to move the surplus into the various Government Linked Companies such as the GIC and Temasek - so as to allow itself a free hand to generate additional cash.
What is the real size of our Singapore Reserves ?
This 'gold mine' of 'loose cash' remains [b]UNAUDITED in the annual reports from GIC and Temasek - and is probably the cause of LKY's nightmare that some other political party will take over the reins of Government, and let some sunlight to shine onto the accounts that have been kept in the dark since the incorporation of the GIC and Temasek.
To prevent this nightmare from happening, LKY had implemented the first obstacle that prevent any new Government - (formed by any other political party) - from spending any cash that has not been generated by itself.
In other words, all cash holdings generated by the present Ruling Party that formed the present Government will not be available to the next Ruling Party that form the next Government to run its own program - even if the next Ruling Party has the overwhelming support of the Singapore Population.
For the first term of any Government - formed by an Alternative Political Party elected - Singaporeans will have to tighten our belts and live in poverty or suffer higher taxes while the New Government generate its own surplus, whle the previous surplus and reserves continue to be managed by the GIC and Temasek with LKY and his daughter-in-law at the helm, respectively.
The other obstacle that LKY has put in place - is to have cronies from within the present Ruling Party to sit as Chairman and CEO of every one of the many Government Owned and Government Linked Companies in its huge stable.
Will all these Government Owned and Government Linked Companies submit themselves to any New Government formed by any other Political Party ?
The present Ruling Party that formed the present Government has set the foundation for a chaotic system that will not allow for any smooth transition of political rule in a Multi-Political Party System - such as that of the REAL First World Countries in West Europe, UK, USA; and closer to home in countries such as Australia, Philippines, India, and South Korea.
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Oh and I wouldn't want to be around when that happens...Originally posted by Fingolfin_Noldor:When the opposition takes that much control, these cronies have more than just the opposition to deal with. By that time, you can tell that the population is near mass revolt. That's when you know things are really really bad.
The powerful and understanding have to come out and stop all these. The above has exposed what kind of people are ruling us. This is call riding happiness at the expense of people's suffering.Originally posted by ShutterBug:Problem is, who can reveal or bring all of these into the light?
They have been maintaining a vicious grip on all their 'dirty laundry'...
It should add further perspective that the Govt has mercenaries for riot control.Originally posted by (human):The powerful and understanding have to come out and stop all these. The above has exposed what kind of people are ruling us. This is call riding happiness at the expense of people's suffering.
You sounded not at the side of people. Are you paid for going against the people?Originally posted by Fingolfin_Noldor:It should add further perspective that the Govt has mercenaries for riot control.![]()
Well.. the Gurkhas are riot control police/guards etc.Originally posted by (human):You sounded not at the side of people. Are you paid for going against the people?
Originally posted by ShutterBug:Singaporeans will have to react to the disgraceful outcome of Shincorp in similar ways that we have responded to the disgusting events at the NKF.
Problem is, who can reveal or bring all of these into the light?
They have been maintaining a vicious grip on all their 'dirty laundry'...
haha...Does the SDP still have money to lose in defamation trials? I can foresee the party being declared bankrupt and wound up soonOriginally posted by ShutterBug:SDP calls on the PAP to identify itself on the Internet and challenges it to an online debate
05 Feb 07
>>> http://www.singaporedemocrat.org/articlepapinternet.html
Your usual lengthy posts have little substance and reminds me of the Chinese saying: "Wang da nian de luo jiao bu, yiu chou yiu chang"Originally posted by Atobe:Singaporeans will have to react to the disgraceful outcome of Shincorp in similar ways that we have responded to the disgusting events at the NKF.
The problem to the current status of political passiveness and paranoia is due to the fact that the better educated Singaporeans have lost any senses of social leadership; being no longer thinkers but becoming brain washed by more then forty-five years of seemingly altruistic but self-serving propaganda; politically numbed and adverse to any kind of political risks after seeing the very public abusive reactions from the government to any form of challenge from the citizens; and with this government perpetuating a political climate that cause every Singaporean to see 'shadows from every moving shadows'.
Consider the fact that a well educated participant in this sgForums will prefer to vote in the present bunch of idiots rather than risk dealing with another bunch of idiots being successfully elected to form the next Government.
What will become of Singapore Society when the better educated are adverse to facing political risks and challenges towards change, preferring inaction but to continue to slog out in the present status quo; or to take the drastic action of moving out of Singapore ?
If the generation living in the 1950s had remained passive and adverse to social and political changes, and preferring the continued safety of living under secure British Colonial rule, would we have seen the generation of motivated political activists in David Marshall, LKY, Toh Chin Chye, Goh Keng Swee, Rajaratnam, Lim Kim San, Lee Siew Choh, Chia Thye Poh, Lim Chin Siong ?
The better educated in Singapore will need to debunk the propaganda that has sunk into the social psychic that condition the mind to willingly accept nonsense from the present policies - which is supposed to serve the larger community and not the individuals, but in reality those in power are serving themselves rather than the larger community from which they come from.
You don't have the guts nor the eyes to admit that the current Govt has failed numerous times nor are able to justify that their hands in indeed the safest hands, other than yanking out the history book/propaganda book and point like a little child all the good stuff LKY and his ministers did decades ago. If by anything, the older bunch of ministers who have since retired were far more competent than the current batch of ministers, who have bungled up countless times and do their best to cover it up.Originally posted by oxford mushroom:Your usual lengthy posts have little substance and reminds me of the Chinese saying: "Wang da nian de luo jiao bu, yiu chou yiu chang"
You do not have the guts of David Marshall to admit that the current government has done better that he could ever do with his puny efforts. Yet you dare to make such bold statements unsupported by any shred of evidence. Just because the majority of Singaporeans choose to support the ruling party election after election does not mean they are brainwashed. It means we are not easily swayed by your vitriolic attacks on the government. We may disagree with some of their policies but on the whole, the ruling party is a far safer pair of hands to entrust the future of this nation. We are not averse to risks, but we are not reckless. As investors, we are prepared to take some risks for higher potential returns, such as the move into the biomedical industry. But we are not prepared to gamble away our future prosperity to put this country into the hands of those who would not even respect our freedom to hold a different opinion.
Indeed... they are the A-Team of Singapore; A-Team = Amendments TeamOriginally posted by Fingolfin_Noldor:You don't have the guts nor the eyes to admit that the current Govt has failed numerous times nor are able to justify that their hands in indeed the safest hands, other than yanking out the history book/propaganda book and point like a little child all the good stuff LKY and his ministers did decades ago. If by anything, the older bunch of ministers who have since retired were far more competent than the current batch of ministers, who have bungled up countless times and do their best to cover it up.
CSJ is a masochist who goes around asking people, "Hit me! Hit me!"Originally posted by ShutterBug:He who is not in it for MONEY, but for the PEOPLE, are people like DR CSJ...
He is taking punch after punch for us and the world to see...what kind of government the 66% of us blindly voted for...
On the contrary, the recent government has led Singapore to a position of strength. Despite the lack of natural resources, we stand tall and proud among our neighbours. They are not perfect, but far better than the jokers we have in the Opposition camp. Left to the wrong hands, it might have been our wives who will have to work as maids to the Filipinos and our daughters who become mail order brides to the Vietnamese.Originally posted by Fingolfin_Noldor:You don't have the guts nor the eyes to admit that the current Govt has failed numerous times nor are able to justify that their hands in indeed the safest hands, other than yanking out the history book/propaganda book and point like a little child all the good stuff LKY and his ministers did decades ago. If by anything, the older bunch of ministers who have since retired were far more competent than the current batch of ministers, who have bungled up countless times and do their best to cover it up.
You have hardly gone forth and put forward a convincing argument that will send me voting for the PAP. Let's start with the list of bungles:Originally posted by oxford mushroom:On the contrary, the recent government has led Singapore to a position of strength. Despite the lack of natural resources, we stand tall and proud among our neighbours. They are not perfect, but far better than the jokers we have in the Opposition camp. Left to the wrong hands, it might have been our wives who will have to work as maids to the Filipinos and our daughters who become mail order brides to the Vietnamese.
At which point in time during the hundred of years under the British administration did Singaporeans and Hong Kongers had to work overseas as maids and "wives"?Originally posted by oxford mushroom:On the contrary, the recent government has led Singapore to a position of strength. Despite the lack of natural resources, we stand tall and proud among our neighbours. They are not perfect, but far better than the jokers we have in the Opposition camp. Left to the wrong hands, it might have been our wives who will have to work as maids to the Filipinos and our daughters who become mail order brides to the Vietnamese.
47WYL18RW wrote:If if if only we reach swiss standard of living...with what ..
"..if I were a rich man..."
"if spore has oil...?
"...if all citizens don't have to pay taxes..."
if if if if
those who cannot , TALK
those who can--ACT.
wt r u ?
Originally posted by robertteh:So precisely said!
(An example of cyber counter-insurgency ..probably posted from youngpap..a minister?)
If if if only we reach swiss standard of living[b]...with what ..
If if if only we build a knowledge-based economy ...with what..
If if if only we reach soccer world cup league ...with what...
If if if only we invest CPF savings in properties and unit trusts, well..
If if if only we build a value-add economy ...with what..leadership where ministers deserve millions?
If if if only we build a kinder, compassionate society (now r changed to inclusive) then no one will be left behind ..then we will be first-class ---what..more taxes, more creative accounting and double-charging on lands --more surpluses, is good for durais self-help scheming?
If if if only we have scholars ...to up our standards of living, asset enhancements, jobs, jobs, jobs..
If if if we have leadership then , we will be first-class, world-class.
So if if we cannot be real first class and citizens are complaining a lot about nkf and shin corp and some are jumping the mrt with bodies some bodies left behind in mrt track, then we cyber down all the indonesians, fillipinos so that we remain at the end still first-class...what a first-class we act and we do ..[/b]
Originally posted by robertteh:Hear! Hear!
...what a first-class we act and we do ..