that one is frankly, in the clouds.Originally posted by oxford mushroom:in the same way as some fear GST will go up to 50%![]()
agreed...Originally posted by robertteh:By creating fear of welfarism, our government goes to the other extreme resulting in our present high costs of living.
By creating fear of instability, and parliament bashing seen in Taiwan, our government is producing a compliant technocrat system where all MPs and Ministers are doing the bidding of the supreme leaders who no matter how dedicated or talented do not have consistency, the time or the energy to keep track and solve problems.
If increasing GST is to help the poor, why is 50% not plausible?Originally posted by LazerLordz:that one is frankly, in the clouds.![]()
in a loving and compassionate way so that we may stay together and move ahead with help from strong families and our foreign talent friends?Originally posted by charlize:If increasing GST is to help the poor, why is 50% not plausible?
Doesn't the government want to help the poor more?
What qualifications or experience you have that make you deserving of that salary? Baclay Bank's boss Bob Diamond earned £22m (S$65m) in just one year...in 2006 alone! If you can do his job, paying you S$2.2 m a year is peanuts in comparison.Originally posted by pinkish purple papayas:If someone raises my pay from $1.2million to $2.2million, i would certainly shut up.
The root of all elitist thoughts stems from here.Originally posted by charlize:It is interesting to see that the people at the top are more interested in narrowing the gap between their salaries and the private sector's.
Rather than narrowing the gap between the poor and the rich in Singapore.
Good point!!!Originally posted by charlize:It is interesting to see that the people at the top are more interested in narrowing the gap between their salaries and the private sector's.
Rather than narrowing the gap between the poor and the rich in Singapore.
Originally posted by AndrewPKYap:
agreed...
red herring
n.
2. Something that draws attention away from the central issue.
=======================
The logical fallacy of false dilemma—also known as false choice, false dichotomy, falsified dilemma, fallacy of the excluded middle, black and white thinking, false correlative, either/or fallacy and bifurcation—involves a situation in which two alternative statements are held to be the only options, [b]when in reality there exist one or more other options which have not been considered. The two alternatives presented are often, though not always, the two extreme points on some spectrum. Instead of such extreme simplification and wishful thinking, considering the whole spectrum, as in fuzzy logic, may be more appropriate. A typical false dilemma is the assertion "You are either for us or you are against us." The fallacy of this type of argument is that it tries to eliminate the middle ground.[/b]
Originally posted by oxford mushroom:i like to listen TO YOUR OWN theory if the salary increase in the ministers' pay is justifiable?
What qualifications or experience you have that make you deserving of that salary? Baclay Bank's boss Bob Diamond earned [b]£22m (S$65m) in just one year...in 2006 alone! If you can do his job, paying you S$2.2 m a year is peanuts in comparison.
Here's the BBC Business editor's take on the widening gap between the rich and poor:
"Diamond has turned Barclays' investment banking arm from an also-ran into a contender. No one in his game doubts that his contribution to BarclaysÂ’ highly profitable global debt business has been significant. And he's probably being paid more-or-less the market-price for his kind of talent.
But it's arguable that the market itself doesn't work terribly effectively, that it tends to over-value certain sorts of people - investment bankers, hedge-fund managers, chat-show hosts, former residents of the Big Brother house, Premier League footballers - while undervaluing the contribution made by millions of others.
However, some (but not all) investment bankers and footballers can point to the substantial incremental profits they've generated for their businesses, and they can claim with some credibility that their personal remuneration represents value-for-money in that context (actually, it's pretty difficult to make that claim of Chelsea superstars, in view of the huge financial losses incurred by the club).
We live in an era when financial capital is staggeringly cheap and the profit-generating skills of humans are relatively scarce and highly prized. It's why the gap between the wealthiest and the vast majority is widening in a way we haven't experienced for a hundred years.
There may be social and moral arguments against the widening in that gap.
But itÂ’s hard to make an economic case against it, unless you believe that the prevailing global version of capitalism that rules almost everywhere (barring Cuba and Venezuela) is inefficient, unsustainable and will whither. "
[http://www.bbc.co.uk/blogs/thereporters/robertpeston/][/b]
Originally posted by charlize:It is interesting to see that the people at the top are more interested in narrowing the gap between their salaries and the private sector's.
Rather than narrowing the gap between the poor and the rich in Singapore.
Originally posted by oxford mushroom:I wonder how many SHIN CORPS Barclay Bank's boss Bob Diamond bought?
What qualifications or experience you have that make you deserving of that salary? Baclay Bank's boss Bob Diamond earned [b]£22m (S$65m) in just one year...in 2006 alone! If you can do his job, paying you S$2.2 m a year is peanuts in comparison.
Here's the BBC Business editor's take on the widening gap between the rich and poor:
"Diamond has turned Barclays' investment banking arm from an also-ran into a contender. No one in his game doubts that his contribution to BarclaysÂ’ highly profitable global debt business has been significant. And he's probably being paid more-or-less the market-price for his kind of talent.
But it's arguable that the market itself doesn't work terribly effectively, that it tends to over-value certain sorts of people - investment bankers, hedge-fund managers, chat-show hosts, former residents of the Big Brother house, Premier League footballers - while undervaluing the contribution made by millions of others.
However, some (but not all) investment bankers and footballers can point to the substantial incremental profits they've generated for their businesses, and they can claim with some credibility that their personal remuneration represents value-for-money in that context (actually, it's pretty difficult to make that claim of Chelsea superstars, in view of the huge financial losses incurred by the club).
We live in an era when financial capital is staggeringly cheap and the profit-generating skills of humans are relatively scarce and highly prized. It's why the gap between the wealthiest and the vast majority is widening in a way we haven't experienced for a hundred years.
There may be social and moral arguments against the widening in that gap.
But itÂ’s hard to make an economic case against it, unless you believe that the prevailing global version of capitalism that rules almost everywhere (barring Cuba and Venezuela) is inefficient, unsustainable and will whither. "
[http://www.bbc.co.uk/blogs/thereporters/robertpeston/][/b]
A sample of backbenchers’ exuberant praises included – “generous and forward looking”, “good intentioned” and “made in heaven”, “a landmark budget”, “wonderful”, “innovative” and “pragmatic.”Which subordinate would not heap praises on everything you say when you dangle a huge carrot infront of them ? This is just the same as NKF.
The generosity of the budget is possible under the stewardship of the ruling PeopleÂ’s Action Party, said one MP, sounding like a Pyongyang news headline.
Another remarked: “Nowhere else in the world can you get a budget which includes love and compassion in abundance as this one.”