Bond breaker shall b fined 300%
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Before I tell you why bond breaker have to pay 3 time penalty,
I challenge all prospective bond braker(BB) to apply
on your own or on non --Singapore government related scholarship.
1.U can get into Top U because of nomination
Why you can enter top U in the world?
1st.U are very good from few million.AND u are nominated by SG
govt or quasi--govt body like GIC,Temasek.
Without their nomination,do u think u can get into the top U?
if u think u are so smart,compared with the candidates in the world,
can i suggest u apply on your own.If u are accepted by top U,
then u seek sponsorship locally and overseas.
If u can get accepted WITHOUT NOMINATION BY SG GOVERNMENT
OR QUASI GOVT BODIES,then i can say u are damn good!!
U can get into the top U because SG govt or quasi SG govt bodies
have done some ground work for you.Be they in very good terms,
or govt donate some $$ to the top U.
I think u have heard Li Ka SHing donate some $$ and then
his son get into a top U.
2.show me your talent,not your money
Under current sys,BB just to pay the cost of scholarship
(reimburse the cost plus some 10% interest) and let his/her name
get published,then can walk away from the bond agreement.
It is not enough.SG need BB talents,We need them to be
prospective Prime Minister,Ministers,Army General,
Nobel Prize winner,Administration Officers,or who can find
a medicine to counter cancer etc,the people who can
make SG a better place to stay.
We have hundred of billions of $$ in GIC,Temasek and
dunt need your not so honorable $$.Thanks you.
The effect of a scholar is hard to be assessed,
it may be below the cost or worth million of dollars.
Ok.to be fair,lets talk about opportunity cost.
3.opportunity cost
when u walk away from the bond,SG lose a chance of
getting services from a talent,be it in Civil services,
political or military etc.
So you have to pay for this opportunity cost.
4. like evasion of tax
tax evasion come with 3 times penalty of tax liable.
so,i suggest besides BB have to reimburse the cost,BB
have to pay penalty equal to 3 times of reimbursement.
Thats is all in all BB have to pay 400% of the cost
when BB walk away from the bong agreement.
If u think u are so good,then some one will want to hire u
and settle for you,right?
5.SG is a barren rock
we can improve because of good and honest people
to run SG,with high pay of course.
We need good people,not money.
u can keep your $$ if u intend to break bond.
Be a man,dunt apply scholarship if u intend to break
bond.---give other people a chance,please
apply on your own,without any nomination,
if u think u are damn good,
compared with million of candidates in the world.
Good Luck.Looking forward NOT to see your name in the
newspaper in a not-so- honorable way. -
Your logic is excellent and the arguments are well thought out, well presented and strong and support your view.
As an excercise, try arguing the subject from the philantropist point of view. -
1.i know my English below N level .dunt flatten me.Originally posted by phil30k:Your logic is excellent and the arguments are well thought out, well presented and strong and support your view.
As an excercise, try arguing the subject from the philantropist point of view.
we are talking about life and death of few million people.
no philantropist point of view here sorry.
Just continue survive for
you ,your kids(if u choose to have kids),or grand children.
PAP spend few % energy to get elected 5 years later.
Other countries,including G8,just the reverse.
They get their bonus(connections,promoised jobs after step down etc)
then finish their terms.
But PAP looks for 100 years.Thats why we need damn good people
in many aspects.Really damn good people and u
have train them from as young as senior primary.
No joke.u need many years to groom a good leaders
who can handle in peace or not-so peace situation. -
Legally :
As long as, the bond breaker pay up watever he or she take from the organisation based on black n white (I supposed organisation's accountant will include interest and blah)... it is fair lor... The black n white is initiated by the organisation n later accepted by the bond breaker...
Morally :
Well... every1 have a choice in life... we do not certainly able to judge wat is wrong n right unless we r involved in the picture... we should not impose extra penalty on bond breaker... As they r already morally penalised by many people or organisation when they break bond... -
1.Legally aspect can be changed after the terms in agreement upped.Originally posted by ispyyy:Legally :
As long as, the bond breaker pay up watever he or she take from the organisation based on black n white (I supposed organisation's accountant will include interest and blah)... it is fair lor... The black n white is initiated by the organisation n later accepted by the bond breaker...
Morally :
Well... every1 have a choice in life... we do not certainly able to judge wat is wrong n right unless we r involved in the picture... we should not impose extra penalty on bond breaker... As they r already morally penalised by many people or organisation when they break bond...
2.Morally.BB and their parents proud of their market value that
other buy them out from bond.\
FYI, LKY disclosed that LHL son,who is studying in MIT on scholarship,
asked younger not to apply scholarship!!
u can say LHL can afford his son to study any where.
If u are so good,u can also find people support u.
Leave SG scholarship alone.Give chance to people
who really want to serve the country,not only have S 11 in their
eyes.
This is a committment which no money can compensate.
Dunt destory the bridge after u cross the river--
dunt get into the top U ,get the degree and say Bye bye.
Remember,without SG nomination, u may not be able
to get into the U!! -
Legally... it depends on the organisation's accountant... who noes???accountant may calculated till more than 300% of actual price
Morally... it is u, me n others will view those bond breaker differently... It is difficult to justify tat u break bond b4 in interviews especially jobs tat need credible people.. -
Well too bad.
Singaporeans learnt from their government. We put our self interest as top priority.
If a MNC comes and offer lucrative and prospective job offer, why not? Since bond holders usually work as civil servants when they return to Singapore.
They learnt from PAP government.
Please dun ask why do they take up the bond when they are not 100% committed to fulfil it. Well, as a student, some people have no financial mean to study in top oversea universities. When they graduated and MNC come and employ them with high wages, isnt it easier for them to break the bond?
Career prospect vs Fulfillment of Bond. The choice is clear and easy-to-decide. -
Okay, looks like it's up to me to present a philantropist point of view.
Most of these were people worked hard and were given opportunities by others and when they became wealthy they wanted to give something back. They did this through endowments, scholarships, etc.
1. They did not give it because they wanted something back. When the philantropist received help, he knew that the people helping him may never live long enough to see the result of their generousity. Also by the time he was able to repay them, they may be long dead. It was this mindset of paying back a debt to society because he could not pay it to that particular person.
2. They wanted to provide opportunities where there were none. If there were too few schools, they gave money to build schools. They would never consider giving money to conduct reseach into accurate testing of students to ensure only the ones able to pass get accepted into the schools that existed.
3. They did not require proof of deservedness. They knew that having someone believe in you and give you money to develop yourself even though commonplace thinking may determine the money goes elsewhere would be a powerful motivator. Having someone in position have faith in you basically that was what it amounted to. Giving this money for education and saying "I believe in you and that you will put this to good use" was sometimes worth more then the money.
4. The did not question opportunity cost because they did not find it relevant. If the person you gave the money to died in a motor bike accident, would you ask for the money back?
Now it's collected though taxes which we complain about paying and then students have to display they deserve it with grades and then they have to pay a bond and then they have to pay a penalty for breaking the bond, the bond also includes having to work for the government to pay off their debt. Guarantor are needed and Citizens sit around discussing more ways to ensure we don't get cheated.
Despite your logic being flawless, I think a philantropist would find it totally alien.
Just reminding you that there can be more then one point of view.