"Lau hero" is here to "save" you
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MM Lee says Singapore has shock absorbers to buffer setbacks
Channel NewsAsia - Thursday, August 14
SINGAPORE: Minister Mentor Lee Kuan Yew has provided some assurance as the country faces a bumpier road ahead with slower growth and soaring inflation.
Speaking to his constituents at the Tanjong Pagar National Day celebration dinner, Mr Lee said Singapore has some shock absorbers to buffer the setbacks. For the needy, the government has put aside over S$3 billion this year in various support schemes.
He added that Singapore could grow 5 to 6 per cent or even 7 to 8 per cent if there is no long—term recession in the United States or EU, but should the giants go into a recession, then growth may be at 3 to 5 per cent.
Mr Lee said Singapore has massive investments with long—term implementation periods. When the integrated resorts are completed, there will be demand for workers, softening the impact of retrenchments.
"We have an economy which is diversified. We have a workforce that we have upgraded year by year, better educated, better able to earn more because we are connected with the world and our incomes can rise because of our higher skills and higher technology," said Mr Lee.
He said work—permit foreign workers will take the brunt of any lay—offs, saving many Singaporeans their jobs. And due to the fact that the country has been increasing its investments with China and India, the impact of the slowdown in the US and EU will be buffered.
Mr Lee also noted that the government is taking care of the lower income. "We have succeeded so far in housing, in health, in education, in job facilities.
"We will do our best to re—train people who are being retrenched to upgrade their skills. But we must face facts, this gap is going to remain for five, ten or more years."
In the region, the minister mentor pointed to the political flux in Malaysia and Thailand, and said that money politics is at the heart of problems in many Asian countries. The good thing for Singapore, he said, is that there is no money politics.
He also highlighted Singapore’s political stability, saying the frequent chop and change in governments and policies have caused instability in countries like Thailand and Taiwan.
— CNA/so -
It is not a crime to be positive right?
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No use one Lee Kuan Yew.
I still want you to die.
Don't think I will buy your little propaganda moves.
You can go and fuck off, you bastard.
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There is no money politics in Singapore? Million dollars' salaries not part of money politic? Singapore’s political stability? How come there are so many people unhappy with the government? Chop and change will cause instability, so Singapore's status quo will not and is not causing instability?
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No money politics lah.
Just tell you nicely your estate will not get upgraded if you vote opposition.
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There is no money politics in Singapore.
Just that PAP regime likes to give out ang pow during election period, that's all only.
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No money politics mean to pay themselves obscene super high world class salary. The good govt always leave the middle income out, no help for this group of people. I just take the words from this old man with a pinch of salt. Not worthy to believe in every word he, his son, and Pay and Pay say.
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No upgrade for those who chosen opposition and giving off ang pow during election are still not considered money politic?!
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Originally posted by (human):
No upgrade for those who chosen opposition and giving off ang pow during election are still not considered money politic?!
You know what is sarcasm? -
Originally posted by Fantagf:
No money politics mean to pay themselves obscene super high world class salary. The good govt always leave the middle income out, no help for this group of people. I just take the words from this old man with a pinch of salt. Not worthy to believe in every word he, his son, and Pay and Pay say.
Take a look a t this artcile about heartlanders asking for help.http://sg.news.yahoo.com/cna/20080814/tap-882-whos-hardest-hit-heartlands-231650b.html
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Originally posted by charlize:
No money politics lah.
Just tell you nicely your estate will not get upgraded if you vote opposition.
Potong pasir n Hougang got MRT station already. -
In the region, the minister mentor pointed to the political flux in Malaysia and Thailand, and said that money politics is at the heart of problems in many Asian countries. The good thing for Singapore, he said, is that there is no money politics.
He also highlighted Singapore’s political stability, saying the frequent chop and change in governments and policies have caused instability in countries like Thailand and Taiwan.
He is really a shameless bastard.
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Eh, whatever happened to the "golden period" ah..........? KNN
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Originally posted by will4:
Take a look a t this artcile about heartlanders asking for help.http://sg.news.yahoo.com/cna/20080814/tap-882-whos-hardest-hit-heartlands-231650b.html
Thanks for the link. However, the middle income could also be from people in 3 room flats and other housing. -
Originally posted by rokprince:
Eh, whatever happened to the "golden period" ah..........? KNN
Lau tah bor said golden period 10 years right, correct me if I read wrongly? Nowadays, his "antenna" does not seem to work well, he is getting worse in his senility, I suppose.
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Originally posted by Fantagf:
Thanks for the link. However, the middle income could also be from people in 3 room flats and other housing.
I want to confirm this cause my lecturer mentioned he got fren, a local married alreadychose to stay in JB due to living cost. I wonder if JB got many local from Spore
staying due to living cost problem?
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Originally posted by Poh Ah Pak:
He is really a shameless bastard.
This old one has no shame. He said must pay ministers that high salary to prevent corruption, now he claims no money politics. He is senile.
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Originally posted by will4:
I want to confirm this cause my lecturer mentioned he got fren, a local married alreadychose to stay in JB due to living cost. I wonder if JB got many local from Spore
staying due to living cost problem?
That I am not sure if there are many staying in JB due to high cost of living here. What I heard people telling is that they will retire in Malaysia, did not mention where. So far I know of nobody moves to JB because of high cost of living here. I do have news that someone's son refuse to come back to Singapore for work, he wants to continue to work in Vietnam which cost of living are much lower. He bought a house there and employs 2 maids.
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Originally posted by Fantagf:
You know what is sarcasm?Yes I do. But was quite shocked by LKY's tales, he's must be thinking we are easily fooled like kids. LKY please try harder, we are not born yesterday u know.
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What he is saying is, change is no good for you, please continue to vote for him and P4P.
If change is no good, I guess the whole world should have just stuck with the Monarchy form of governance.
Sacred cows make the best burgers.
Drs. Robert Krigel and David Brandt in their acclaimed best seller, Sacred Cows Make the Best Burgers, teach us how to round up sacred cows—those outdated forms, practices, values, and beliefs that waste our resources and keep us from achieving our outcomes—and create change-ready people and organizations.
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Originally posted by (human):
Yes I do. But was quite shocked by LKY's tales, he's must be thinking we are easily fooled like kids. LKY please try harder, we are not born yesterday u know.
I beg to differ, there are afew kids or fools in here that thinks otherwise. -
Originally posted by (human):
Yes I do. But was quite shocked by LKY's tales, he's must be thinking we are easily fooled like kids. LKY please try harder, we are not born yesterday u know.
Either he is senile or never want to accept the fact that people of Singapore not that naive nowadays compared to during the time he started his leadership. He seems "in love" to "con" us. -
Originally posted by Fantagf:
The good thing for Singapore, he said, is that there is no money politics.
Of course he keeps all the money. Lee Kuan Ye's greatest asset is not his mind but his family wealth. That is what gives the family influence not only on the island but on the region and the world too.
Who else owns 10 billion dollar in Singapore and rule the island at the same time?
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He also highlighted Singapore’s political stability, saying the frequent chop and change in governments and policies have caused instability in countries like Thailand and Taiwan.
this one quite true la.. look at Malaysia.. one big lump of mess now..
today claim jihad, tmr retract back words.. today say petrol increase, tmr say wan cut back.. today say wan build towering skyscrapers, tmr say sorry next time then build.. today bust crime syndicate, tmr bust loot gone from police station..
messy country man..
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Originally posted by Fantagf:
MM Lee says Singapore has shock absorbers to buffer setbacks
Channel NewsAsia - Thursday, August 14
SINGAPORE: Minister Mentor Lee Kuan Yew has provided some assurance as the country faces a bumpier road ahead with slower growth and soaring inflation.
Speaking to his constituents at the Tanjong Pagar National Day celebration dinner, Mr Lee said Singapore has some shock absorbers to buffer the setbacks. For the needy, the government has put aside over S$3 billion this year in various support schemes.
He added that Singapore could grow 5 to 6 per cent or even 7 to 8 per cent if there is no long—term recession in the United States or EU, but should the giants go into a recession, then growth may be at 3 to 5 per cent.
Mr Lee said Singapore has massive investments with long—term implementation periods. When the integrated resorts are completed, there will be demand for workers, softening the impact of retrenchments.
"We have an economy which is diversified. We have a workforce that we have upgraded year by year, better educated, better able to earn more because we are connected with the world and our incomes can rise because of our higher skills and higher technology," said Mr Lee.
He said work—permit foreign workers will take the brunt of any lay—offs, saving many Singaporeans their jobs. And due to the fact that the country has been increasing its investments with China and India, the impact of the slowdown in the US and EU will be buffered.
Mr Lee also noted that the government is taking care of the lower income. "We have succeeded so far in housing, in health, in education, in job facilities.
"We will do our best to re—train people who are being retrenched to upgrade their skills. But we must face facts, this gap is going to remain for five, ten or more years."
In the region, the minister mentor pointed to the political flux in Malaysia and Thailand, and said that money politics is at the heart of problems in many Asian countries. The good thing for Singapore, he said, is that there is no money politics.
He also highlighted Singapore’s political stability, saying the frequent chop and change in governments and policies have caused instability in countries like Thailand and Taiwan.
— CNA/so
He really sounds like an old broken record! Making u turn, blowing his own trumpet and disparaging other countries. He doesn't seem to know or care that now we listen to MP3 and not gramophone record.