Here is the reason, with all our national financial assets being known to the world, people will gauge our financial muscle and may take a run on our dollar. BESIDES KEEING IT SECRET WILL KEEP THE WORLD GUESSING AND and looking at our expensive looking city, they will think we have lots of money and invest more of their own money in our country, pathetic fools IN THE END WE ARE THE ONES LAUGHING OURSELVES TO THE BANK.
LOOK AT USA, NOW ITS KNOWN THAT THEY ARE BROKE. THAT SETS OFF A CHAIN EFFECT CAUSING MORE PROBLEMS. this is becos USA MAKE ITS bank account known to the world. BUT YET, it could not be the real scenario. It could be a lie within a lie to do the rest of the world in and collapse international currencies Read on if u want to understand further the motive behind :
let me tell u that there are people , very clever people who will manipulate a country's financial systems for their own selfish needs from the outside world. Truth is , there has been "mysterious elements" in the large financial centres around the world . It involves, politics, military, intelligence, technology, environment. A grand web of lies which has been going on for decades. If needed these mysterious elements individuals or groups of individuals will even do their own country in, let alone other countries. a fine example is the federal reserve bank conspiracy of the 1800s and how this led to millions of people in US and Europe to become indebted and keep them in slavery for a a centralised power of elites bent on world domination. This debt scheme has its roots since the ancient times. In short this theory suggests that " Paper currency is a worthless entity with no value meant bring about slavery". When the scheme tied in with the suspected oil scam, it does makes the word go around and around.
Some people think that the Federal Reserve Banks are United States Government institutions. They are private monopolies ANSWERABLE TO NONE which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lender. In that dark crew of financial pirates there are those who would cut a man's throat to get a dollar out of his pocket; there are those who send money into states to buy votes to control legislatures; there are those within it who maintain international propaganda like the Iraq War, 9/11 ect. for the purpose of deceiving people into granting of new concessions which will permit them to cover up their past misdeeds and set again in motion their gigantic cycle of crime."
An furthermore, keeping our national money account secret will ensure we dont attract banking crooks who may manipulate our country.
What we can do best is "Marketing" , hey look we did buy a billion of Meryll Lynch, shincorp ect. We do have money and we just dont want to let the rest of the fiannce world know how much we have or how we earn our bucks from.
Those fools like CSJ asking for transparency is just a fool.
Singapore knew something about this and could be the reason she is being secretive about her national assets.Another reinforcing factor is singapore having not only BANKS AND FINANCIAL SYSTEMS but OIL INDUSTRIES AS WELL.It could be a sign that she does know something about the world's financial systems and is trying to safeguard herself.
The world we live in world works in mysterious ways
SIngapore, u are one smart son of a B6tch . I applaud u.
MAJULLAH Singapura
Faithful son of singapore.
Aiyoyo! so long post for a simple message - you want people to think its ok not to have transparency for somethings lah.
got it lah.
wow, you dam solid.
I totally over-bombasticated by you.
what is your fav color?
this article is written by me after some research. Feel free to disagree with it.
You only spend half an hour in this research hor ?
You think Ho chin go around throwing big money at other countries is keeping our country's wealth a secret ah ?
Stop talking rubbish about USA lah, you don't know nuts about it. I see already so embarrass.
The biggest fool of all.. is the one who thinks others are just fools.
Originally posted by SPLIT SECOND:Here is the reason, with all our national financial assets being known to the world, people will gauge our financial muscle and may take a run on our dollar. BESIDES KEEING IT SECRET WILL KEEP THE WORLD GUESSING AND and looking at our expensive looking city, they will think we have lots of money and invest more of their own money in our country, pathetic fools IN THE END WE ARE THE ONES LAUGHING OURSELVES TO THE BANK.
LOOK AT USA, NOW ITS KNOWN THAT THEY ARE BROKE. THAT SETS OFF A CHAIN EFFECT CAUSING MORE PROBLEMS. this is becos USA MAKE ITS bank account known to the world. BUT YET, it could not be the real scenario. It could be a lie within a lie to do the rest of the world in and collapse international currencies Read on if u want to understand further the motive behind :
let me tell u that there are people , very clever people who will manipulate a country's financial systems for their own selfish needs from the outside world. Truth is , there has been "mysterious elements" in the large financial centres around the world . It involves, politics, military, intelligence, technology, environment. A grand web of lies which has been going on for decades. If needed these mysterious elements individuals or groups of individuals will even do their own country in, let alone other countries. a fine example is the federal reserve bank conspiracy of the 1800s and how this led to millions of people in US and Europe to become indebted and keep them in slavery for a a centralised power of elites bent on world domination. This debt scheme has its roots since the ancient times. In short this theory suggests that " Paper currency is a worthless entity with no value meant bring about slavery". When the scheme tied in with the suspected oil scam, it does makes the word go around and around.
Some people think that the Federal Reserve Banks are United States Government institutions. They are private monopolies ANSWERABLE TO NONE which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lender. In that dark crew of financial pirates there are those who would cut a man's throat to get a dollar out of his pocket; there are those who send money into states to buy votes to control legislatures; there are those within it who maintain international propaganda like the Iraq War, 9/11 ect. for the purpose of deceiving people into granting of new concessions which will permit them to cover up their past misdeeds and set again in motion their gigantic cycle of crime."
An furthermore, keeping our national money account secret will ensure we dont attract banking crooks who may manipulate our country.
What we can do best is "Marketing" , hey look we did buy a billion of Meryll Lynch, shincorp ect. We do have money and we just dont want to let the rest of the fiannce world know how much we have or how we earn our bucks from.
Those fools like CSJ asking for transparency is just a fool.
Singapore knew something about this and could be the reason she is being secretive about her national assets.Another reinforcing factor is singapore having not only BANKS AND FINANCIAL SYSTEMS but OIL INDUSTRIES AS WELL.It could be a sign that she does know something about the world's financial systems and is trying to safeguard herself.
The world we live in world works in mysterious ways
PAPPy, u are one smart son of a B6tch . I applaud u.
not many people know about Singapore's oil industries... you are one smart guy... now you know why we bought 100 new airplanes. but let's keep this to ourselves.
Originally posted by novelltie:not many people know about Singapore's oil industries... you are one smart guy... now you know why we bought 100 new airplanes. but let's keep this to ourselves.
The chart shows Singapore petrol price (MOPS95) over the same period as the crude oil price chart. MOPS95 is industry jargon for the market price of generic quality 95 octane petrol quoted by Platts (a subscriber based information service) ex Singapore refineries. MOPS stands for Mean of Platts Singapore. Other octane grades are quoted (92 and 97 octane) but MOPS95 is the most common benchmark price. Australian quality petrol attracts a premium over MOPS95.
The pattern of prices over time is similar to crude oil, with prices typically in the A$50 to 60 per barrel range from 2000 to early 2004. A spike in March/April 2003 marks the Gulf War and another spike in September 2005 marks Hurricanes Katrina and Rita. From mid 2004, prices rose sharply due to underlying crude oil prices.
The ex-refinery price of petrol is based on the Singapore market price for petrol, adjusted for Australian fuel standards and freight to Australia; the price is not regulated but instead determined by market forces.
The reason Australian petrol prices follow Singapore market prices is that Australian refineries must compete against petrol imports (overall 18 per cent of Australia's petrol was imported in 2006) and Singapore is a major source of petrol for importers.
The crude oil markets and the petroleum product markets are completely separate, distinct markets. Traders in these markets influence the prices based on supply and demand, real and perceived shortages and geopolitical instability. This is the same as for any international traded commodity such as agricultural or mineral commodities or currencies.
Originally posted by jojobeach:You only spend half an hour in this research hor ?
You think Ho chin go around throwing big money at other countries is keeping our country's wealth a secret ah ?
Stop talking rubbish about USA lah, you don't know nuts about it. I see already so embarrass.
The biggest fool of all.. is the one who thinks others are just fools.
i DONT KNOW ABOUT USA? ket me tell ya something , bro. Eons ago, some clever guy in a bank back office figured out that by printing paper with some dollar signs on it, he can propagate an idea and and fool the world.
A Federal Reserve note is just what it looks like, it's just a piece of paper with no backing whatsoever. some power hungry people during the early system of finance hates gold and silver backed money, it forces them to live within their means as gold and silver can only be found if available. so these sons of b&tches hatched a plan and landed everyone into the soup
Just in case you didn't know the Federal Reserve is a private company of bankers with twelve branch banks that confiscate our money and they have been doing this for almost a hundred years, They are not part of the United States Government. Yet today they collect hundreds of billions of dollars from American taxpayers every year.
Pay attention now, you're to reading about the biggest and most successful scam in History.
Henry Ford once said "It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning".
The biggest fools in the world are those who get fooled.
Originally posted by SPLIT SECOND:i DONT KNOW ABOUT USA? ket me tell ya something , bro. Eons ago, some clever guy in a bank back office figured out that by printing paper with some dollar signs on it, he can propagate an idea and and fool the world.
A Federal Reserve note is just what it looks like, it's just a piece of paper with no backing whatsoever. some power hungry people during the early system of finance hates gold and silver backed money, it forces them to live within their means as gold and silver can only be found if available. so these sons of b&tches hatched a plan and landed everyone into the soup
Just in case you didn't know the Federal Reserve is a private company of bankers with twelve branch banks that confiscate our money and they have been doing this for almost a hundred years, They are not part of the United States Government. Yet today they collect hundreds of billions of dollars from American taxpayers every year.
Pay attention now, you're to reading about the biggest and most successful scam in History.
Henry Ford once said "It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning".The biggest fools in the world are those who get fooled.
This is not even news.. it's old knowledge.
Money is just an illusion.. so say some. Back before currency.. we barter. But for the convenience of storage we go with paper currency.
The biggest heist of all.. are the bankers.. who puts an interest on the money.
Make money your slave.. not be a slave to money.
Only people who are naive and ignorant believes those banks are their best friend.
So dude.. I don't know .. perhaps you are new to the old evils of the world.
then sg should move to gold and silver.
Originally posted by SPLIT SECOND:
The world we live in world works in mysterious ways
SIngapore, u are one smart son of a B6tch . I applaud u.
MAJULLAH Singapura
Faithful son of singapore.
As above, you mentioned bitch and also faithful son of singapore..so you want gal or guy to be faithful to singapore..me blur blur leh..aiyoh you blur blur, dun make me blur blur leh.
Originally posted by SPLIT SECOND:then sg should move to gold and silver.
Singapore already go for platinium liao lor, Gold and silver for china and other countries lah
There is this on YouTube about a elderly man talking to a reporter where he replied to a question about transparency of SWF, saying that being too transparent, people can anticipate their next move. The interesting thing is that he elaborated a bit that big investment houses whom they use to invest have to tell the swf people what are each transactions they helped made to kind of track whats going on.
I feel a bit dilematic about this aspect. Does it mean that the people who does the investing already know exactly how much is being invested in where?
Assuming there is a super power person who wants to know this info, how impossible is it ? There are numerous ingenious ways to leak info without being known in my humble opinion. Thus, I am just concerned about the logic that people will not know the facts.
Also, assuming people buy this excuse for SWFs not to give full transparency, does it mean big investment houses like Morgan Stanley and the likes do not need to provide full transparency even though there is this thing in the business world called External Audit and Compliance standards to follow? Sarbanes Oxley, Basel 2? Sorry if I got some of these wrong. I am a layman, brudder :) I no no much about business but still have some commonsense and enough IQ to have a logical concern.
Business world is so advance and high integrity.
No wonder Enron went bust after investigations of high integrity discovered a drum of worms.
No wonder WorldCom so like dat.
USA is world power. But how much dept has it incurred ? Is USA the world's richest country if minus the dept? And how many have invested in USA ?
regards
Lim without folio.
Originally posted by likedatosocan:Aiyoyo! so long post for a simple message - you want people to think its ok not to have transparency for somethings lah.
got it lah.
wow, you dam solid.
I totally over-bombasticated by you.
what is your fav color?
Oh, excuse me, he solid meh, how u know??
Originally posted by likedatosocan:There is this on YouTube about a elderly man talking to a reporter where he replied to a question about transparency of SWF, saying that being too transparent, people can anticipate their next move. The interesting thing is that he elaborated a bit that big investment houses whom they use to invest have to tell the swf people what are each transactions they helped made to kind of track whats going on.
I feel a bit dilematic about this aspect. Does it mean that the people who does the investing already know exactly how much is being invested in where?
Assuming there is a super power person who wants to know this info, how impossible is it ? There are numerous ingenious ways to leak info without being known in my humble opinion. Thus, I am just concerned about the logic that people will not know the facts.
Also, assuming people buy this excuse for SWFs not to give full transparency, does it mean big investment houses like Morgan Stanley and the likes do not need to provide full transparency even though there is this thing in the business world called External Audit and Compliance standards to follow? Sarbanes Oxley, Basel 2? Sorry if I got some of these wrong. I am a layman, brudder :) I no no much about business but still have some commonsense and enough IQ to have a logical concern.
Business world is so advance and high integrity.
No wonder Enron went bust after investigations of high integrity discovered a drum of worms.
No wonder WorldCom so like dat.
USA is world power. But how much dept has it incurred ? Is USA the world's richest country if minus the dept? And how many have invested in USA ?
regards
Lim without folio.
As much as i want to reveal my sexy figure with a transparent outfit, i still reserve some parts not to be shown, and that is confidential accounting, not for your eyes ya. All account can be massage to looks good, all audits can be brought over and all organisation alway try to window dress their account to look better. U got the picture.
Angel
CPA consultant
with no polio
Originally posted by angel7030:As much as i want to reveal my sexy figure with a transparent outfit, i still reserve some parts not to be shown, and that is confidential accounting, not for your eyes ya. All account can be massage to looks good, all audits can be brought over and all organisation alway try to window dress their account to look better. U got the picture.
Angel
CPA consultant
with no polio
Wah sexy ar!! no need good body just transparent ok for me with a little help from Jack Daniel.
Henry Ford once said "It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning".
So you trust Henry Ford?
Originally posted by Short Ninja:Wah sexy ar!! no need good body just transparent ok for me with a little help from Jack Daniel.
half or full bottle?
depending on tranparency lor
Originally posted by Short Ninja:depending on tranparency lor
under the neon dazzling lights, liquors and gals, everything is transparency.
Originally posted by likedatosocan:, saying that being too transparent, people can anticipate their next move.
Exactly, and in the case of our national assets, it involves a huge sum of money.Just like us individuals, who dont wish to reveal our bank accounts to others for fear of privacy and safety reasons.
We are not asking for that kind of transparency,can see a little bit OK oreddy but if something really bad happens we all need to know more.
i would rather have transparancy than worry about some hedge fund attacking our country dollar or other asset.
i am more worry that our own country men squandering the hard earn money of singaporean . an d that to me is more likely to happen than the latter.
Originally posted by reyes:i would rather have transparancy than worry about some hedge fund attacking our country dollar or other asset.
i am more worry that our own country men squandering the hard earn money of singaporean . an d that to me is more likely to happen than the latter.
I totally agree
Want some forum participants to list down again the results of our smart govt's investment or bail-outs of foreign banks izzit?