PAP Govt got $150b approval from PAP dominated Parliament
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Originally posted by youyayu:
can give that 150billion to singaporeans to give them a better life?
government do give money to singaporeans... right before elections. how much they give in total, i am not sure...
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Originally posted by skythewood:
government do give money to singaporeans... right before elections. how much they give in total, i am not sure...
Then after the election, singaporeans will give back the govt + interest + late charges + forward inflation cost + bills of lending...total, i am not sure too.. -
Because they need funds to guarantee all bank deposits in the city-state until the end of 2010 ?
http://sg.news.yahoo.com/afp/20081016/tbs-finance-banking-singapore-deposits-0b9af05.html
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Has the investments made by the GIC and Temasek resulted in losses so severe that the Reserves must be drawn now? Read that familee has lost $80 billion up to date in investment.
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How can they suka suka amend constitution without asking Singapore public opinion?
Bullshit is bullshit.
Go to hell lah fucking PAP regime.
singaporeans give them the mandate during the election, including how to spent your money.
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Come to think about it, is this the first time in history that reserves have to be used to soften the problems of the economic crisis?
If so, this must be really, really bad since we all know how stingy the people at the top can be when it comes to helping the people.
Suddenly, I am very afraid about the economic propects for the next year.
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The Gov shd release funds not to mend the cracks and fill the holes of their GLCs or whatever enterprise, but capital should be channelled to local entrepernuers(damn I cant spell!) to help cultivate new ideas and sectors for growth.
Stop building more NTUCs, forcing small shops to go bust!
Stop taking over shopping malls and triple charging the tenents!
Stop wrapping red tapes around new ideas just because it does not conform to current economic development set-up!
Stop! Stop! Stop!