It is veri interesting to see how this topic has become. So the question is whether we shall spend in Malaysia or Spore?Originally posted by Atobe:If Singapore believe in the "Free Market Economy" - in which "Supply and Demand" determine the price, then this principle should be allowed to determine the actual prices of properties, wages, prices of Goods and Services, COE's, Public Transport, and all other essentials and non-essentials.
The Singapore market is regulated by the Government to the point that the high prices of properties in Singapore must continuoulsy be kept high.
If ever the property prices are allowed to slide, many banks will have worthless mortgages in their possession.
With property prices kept artificially high, one will never see the other prices of Goods and Services ever falling.
Our wages will also have to be kept high, or it will be a hot potato for the Government, who will have to face an impoverished electorate that is held to ransom by the Banks.
So the vicious cycles go on, with the Citizens being a slave for the rest of their lives to the Government-Bank Partnership.
Nationalism first ? Read my earlier post
Originally posted by eskyzone:Sure, your point make sense.
It is veri interesting to see how this topic has become. So the question is whether we shall spend in Malaysia or Spore?
I have no idea how my comment have turn into "[b]So the vicious cycles go on, with the Citizens being a slave for the rest of their lives to the Government-Bank Partnership."
Wat I trying to comment is btw spend in spore and malaysia, it will help us more if we spend in spore. As it will keep job and possibly create new jobs.[/b]
Originally posted by CX:
from the way it seems here, i'ld say the answer to that is: it depends who u disagree with
there are compelling reasons to both go and not go... depends on which perspective strikes a chord with u...
what i think is, its quite a contradiction that the needy are not able to gain access to the cost savings available across the causeway but those who can afford it are more than able to do it even though they don't need it
thats why i think its strange when people complain that they [b]need to go JB to shop cos its TOO expensive here
yeah right... got money buy car, no money buy groceries in Sg...
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try it yourself... join the causeway queue, buy tons of stuff, lug them back by public transport... quite siong rightOriginally posted by MYPR:Is there compelling reasons not to go malaysia or any other place to shop for anyone in this world and hence hurting own pocket?
The needy are not able to gain access to the cost savings across the causeway? Are you sure? Thousands of singaporean flock through the causeway everyday and you mean they have car at home but just don't want to drive in? My singaporean friends always had hard time crossing due to the long queue and crowd of singaporeans and they are not rich. You mean there are so much rich people in singapore?
Anyway, i think it's pointless to debate such an issue when it's the singapore government who do the call.
In such bad economic situation, if you can save, you better save. Don't be stupid.
Well, i do drive and i do buy tons of stuff from malaysia cos i cross over the causeway every weekend. As for singaporean joining the long long causeway queue, i do not know how are you going to explain it. But i do not think they buy tons of stuff from malaysia. They cross the causeway just to spend over in malaysia (movie, hairdo, makan, shopping, tour, fun etc) and not to buy stuff back in bulk but maybe some items that they can carry e.g. fashion stuff, gift etc which is cheaper over there.Originally posted by CX:try it yourself... join the causeway queue, buy tons of stuff, lug them back by public transport... quite siong right
and if u own a car, u can't be THAT poor...
imagine someone living in pasir ris, who doesn't own a car. thats an extreme case of course... thats essentially what i mean when i say its not always viable to go JB and shop even though it may be cheaper.
i won't go if i have no transport... its too much trouble.
that queue is gonna get pretty much much longer... soon...Originally posted by CX:try it yourself... join the causeway queue, buy tons of stuff, lug them back by public transport... quite siong right
and if u own a car, u can't be THAT poor...
imagine someone living in pasir ris, who doesn't own a car. thats an extreme case of course... thats essentially what i mean when i say its not always viable to go JB and shop even though it may be cheaper.
i won't go if i have no transport... its too much trouble.
Originally posted by Atobe:Sure, your point make sense.
Thanks for not reading more into my post, and for throwing the point back for clarification.
The point of my post is that spending our money internally, it goes on to feed the vicious cycle of "money chasing money", and only chasing (or consuming) the internally and artificially created high prices of all products that were mentioned.
By spending our money outside Singapore, there will certainly be outflow.it is an outflow...
However, with our strong dollar - we get a bigger purchasing power that buys more of the same products while using less of our dollarthis is economic observation...
- perhaps leaving some for "creating" jobs in Singapore (?).this is .... simi lai eh?
The outflow of our dollar will help generate wealth in our neighbors' economy, who in turn will buy some of our QUALITY goods that they cannot manufacture.there is no guarantee of that!... and we dont live in a world of 2 economy...
This will result in an inflow of wealth that maybe larger then what our outflow was.GU... SAI....
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This was originally expounded by our first Singaporean Economist - Dr Goh Keng Swee - who dismantled all our poulty, pigs, agricultural farms and got us to industrialised, while leaving these high intensive labor and land products to our neighboring countries.that is basic lah... the key in his head then was industrialization... through foreign investment... which would generate inflow... the pig farms are the stumbling block.. so he kicked them out...
If we only consume what we earned internally, and earn money from ourselves, over time, we can only be the poorer.like north korea?
Our present economic problem is largely due to the fact that we do not have a critical mass of strong local industrial base, with strong in R & D that produces innovative products that earn us foreign exchange.oh... i think we have critical mass of local industrial base... just that... we over invested in electronics...
Compare our industrila base with that of Taiwan and Korea, who are the closest economic standards with us.
Originally posted by kenhor:Your point is valid.
While indeed it will be better for local businesses if we did keep our money in Singapore and shop here, we must realize that
a) NTUC still sells stuff more expensive in Singapore than in Malaysia. And we are talking apples to apples. Goods imported from USA, CHina, etc in both countries are cheaper in Malaysia. Like my example of the simple Halls sweets. It costs 20% more expensive in SIngapore. WHY?because here in singapore... they face a difference cost?
isit just NTUC or even your local mama shop also sell the sweet 20% more?
b) Why should I help NTUC or any other GLC or MNC when they drove the small mom-pop shop out of business. They did it by offering cheaper prices and killed the mom-pop shops. Now that they are on the receiving end, we need to show them sympathy? We should have done so 20 years ago. I will buy water and small stuff from small family owned groceries shops. But if it is a choice between Giant, NTUC, Cold Storage in Singapore vs the same in Malaysia, I will go to where I get the best deal.NTUC and other GLC drove your mom-pop shop out of buisness... WHILE INCREDIBLY... the presence of hypermarts across the causeway charging at far lower price then local NTUC DONT??
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someone lost a screw?
c) I will shop in NTUC, Cold Storage etc if they hire Singaporeans. However, most of the shops I go to in Singapore hire malaysians and other FW to man the store. So I see no difference in helping a company who also in turn help Malaysia. May as well help Malaysia directly and get a good bargain as well.if NTUC hires only locals... would you still go to shop at NTUC if they have to now charge your sweet at 40% higher then in malaysia to offset the cost of hiring local??
Patriotism is a few plates of char koay teow to pay our ministers more (for them to be incorruptible, but doesn't mean we get better minister) but if you are asked to pay for 50 plates of char koay teow per month MORE by spending in Singapore, that is too much
:
Originally posted by kenhor:
Your point is valid.
While indeed it will be better for local businesses if we did keep our money in Singapore and shop here, we must realize that
a) NTUC still sells stuff more expensive in Singapore than in Malaysia. And we are talking apples to apples. Goods imported from USA, CHina, etc in both countries are cheaper in Malaysia. Like my example of the simple Halls sweets. It costs 20% more expensive in SIngapore. WHY?
because here in singapore... they face a difference cost?isit just NTUC or even your local mama shop also sell the sweet 20% more?
b) Why should I help NTUC or any other GLC or MNC when they drove the small mom-pop shop out of business. They did it by offering cheaper prices and killed the mom-pop shops. Now that they are on the receiving end, we need to show them sympathy? We should have done so 20 years ago. I will buy water and small stuff from small family owned groceries shops. But if it is a choice between Giant, NTUC, Cold Storage in Singapore vs the same in Malaysia, I will go to where I get the best deal.NTUC and other GLC drove your mom-pop shop out of buisness... WHILE INCREDIBLY... the presence of hypermarts across the causeway charging at far lower price then local NTUC DONT?? someone lost a screw?
c) I will shop in NTUC, Cold Storage etc if they hire Singaporeans. However, most of the shops I go to in Singapore hire malaysians and other FW to man the store. So I see no difference in helping a company who also in turn help Malaysia. May as well help Malaysia directly and get a good bargain as well.if NTUC hires only locals... would you still go to shop at NTUC if they have to now charge your sweet at 40% higher then in malaysia to offset the cost of hiring local??
Patriotism is a few plates of char koay teow to pay our ministers more (for them to be incorruptible, but doesn't mean we get better minister) but if you are asked to pay for 50 plates of char koay teow per month MORE by spending in Singapore, that is too much
so... you like to contradict yourself.... i see....
The problem with "one liner" type of response, is that it drags your argument to the surface across several postings and over several days; and which finally reveal your true intent but at the EXPENSE of losing the original thread.Originally posted by tripwire:atobe... your latest reply to my post is complete nonsensical and full of garbage...
you should read all your post and double check your reading... your answers are way off...
Not so amazing if you do not take a dig at every post by tearing into other's work, but try posting your own COMPLETE alternate piece, and prove your own point of views, unless you have none to offer without someone initiating your grey matters to work.Originally posted by tripwire:I find it amazing that anyone can walk away by posting "one liners" as a response to dig (without cause) into issues seriously posted, and serves only to befuddle a clearly thought out case.i find it similarly so amazing that anyone could read with their eyes close and insist that we dig into their reponse seriously when it makes no sense....
I think you are befuddling the issues here, with your kind of smart talk without any sense of clear thinking.
Do you think that the local mama shop is selling 20% more then the NTUC stores and challenging NTUC for supremacy and market dominance ?see what i mean??
since when did i say that local mama shop is selling 20% more then NTUC store?? you never open your eyes when you read.... [/quote]
See what i mean... the issues can get fuzzy, when you post "one liner" types of post that does not tell anyone where your intent lie ?
From your original post of 15 March 2003 07:36.am.isit just NTUC or even your local mama shop also sell the sweet 20% more? "
...mama shop also sell the sweet(s) 20% more....than who ?
Complete your point of views, don't leave it hanging.You read so fast, and prefer to look for the hidden ghosts of a hidden message, that you missed the question that was asked in the earlier question to you:-
Is the mama shop forming a larger chain of SINGLE ownership stores across the Singapore Island, or just a small ambition in serving the IMMEDIATE neighborhood blocks ?and you points is??
Did the "mama store" make any declared "corporate policy" of serving the needs of the Public with LOWER PRICED Consumer Products so as to help in LOWERING the COST of LIVING ?wat does the last 2 points gotta to do with mama store competitive edge discussion over NTUC?? the right to charge higher price??
Do you think that the local mama shop is selling 20% more then the NTUC stores and challenging NTUC for supremacy and market dominance ?
Should I develop this further for your clearer understanding ?
Following your INCREDIBLE manner of reasoning and extension of any argument, we might as well indicate that all the hypermarkets beyond the shores of Singapore should be a threat to the local mama shop as well.ours... is an open economy.... i find your position very very very contradictory... on the one hand, you lament that NTUC is driving local mama shops into closing shop with its lower price... while hypermarts in Johor, which charge lower price then NTUC could not be a threat to local mama shop??
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When the local "mom and pop" runned provision stores complained of the UNFAIR competiton that NTUC SuperMarkets posed to their small operation, most of these "mom and pop" shops were encouraged to come on board the NTUC bandwagon, to establish smaller neighborhood NTUC FairPrice MINI-Markets. However, for these "Privately Owned" stores to enjoy the strength of the NTUC bulk purchases, they have to sign on as "members" of a co-operative. The membership fee do not come at a low price, and these stores have to make minimum purchases for these mini-marts to maintain their membership.
The high membership fees that NTUC charges for the "mom and pop" provision stores to come on board their band wagon, does not help these smaller stores in anyway.NTUC does not offer mama shops to join their band wagon... why should it?? when it already have franchais Cheers and supermarts in most of the major towns??
Who is acting smart now ?
You seem to be purposefully arguing for the sake of an argument, without understanding the thrust of the post that the writer has made, and befuddle the issues of the original post, as the argument develop over the next few days.dont act smart lah... you are the one who is reading with eyes closed... no wonder everything looks fuzzy to you
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Did I make that implication in the first place, or were you the one that twisted the arguments put forth originally by 'kenhor' ?
The original point that "kenhor" posted was a reply to your post, and that was despite NTUC employing lower salaried Malaysian Workers, prices of NTUC Products are 40% higher - than those found in similar sized Supermarkets and Hypermarkets across the border in JB.you imply that NTUC only have malaysian workers??
you imply that malaysian workers who work in singapore will happily take the same pay as when they are in malaysia??
you imply that there are no administrative and taxations for exmploying foreigners..
you implying that..other then workers.. NTUC also pay malaysian rent, bills and other cost while in singapore??
you are really really thick......
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Certainly, one does not eat bread alone, and following your style of reasoning - likewise the simple political reasons of what you see on the surface is not so simple as what you are conditioned - by the SGP Political Leaders - to see and think.
Do you think that the prices of NTUC will be any cheaper if Singaporeans are employed ?man does not eat bread alone... likewise... labor is not the only cost factor of NTUC...surely you must realise such simplistic economic reasoning....
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Did I grow branches when replying to YOUR subject about the "char kway teow to pay our MINISTERS" ?
Concerning the Ministers' Pay from "a few plates of char kway teow", do you think that the Ministers' Pay is justified when the economic performance of this country has always been said to be ENTIRELY dependent on EXTERNAL World Events, which are BEYOND the control or influence of our Ministers ?now we are into the minister's pay.... you really really can grow branches... i chop liow... you grow somemore...
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while singapore's econmic performance is indeed heavily dependent (NOT ENTIRELY LAH) on external events... we are not completely without choices, options and remedies...
the pay of the ministers are pegged to 2/3 of private sector... their pay is a reflection of their value in the private sector.. and is based on their opportunity cost in joining the govt sector..
undoubtedly... how the private sector pays their head boss is questionable... but then i hope to see future transparancies in this area...
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What do you think are the perks that our semi-retired SM is now getting, even while he is NOW being paid the upgraded Ministerial Pay ? Would you dare to venture to make a guess ?
Do you think that our Ministers should be paid more then George Bush, when the Singapore Economy is dependent more on what the US$150,000 salaried George Bush does, then what our Million Dollar Salaried Ministers can do for Singapore's Economy ?george bush official pay is US$150,000 dollar.. but do you know the other perks of being the US president?? and all the benefits after he steps down as president?? it aint cheap you know??
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Where do you think the Ministers' Pay is coming from ? The people's pocket or from someone elses' pocket ? Do we have no right to say how much of our money should be used to pay them ?
Do you think that the Ministers' Pay should be 100 to 1000 times more then the average Singaporean Wages, and relevant to the Cost of and the Standard of Living in Singapore ?since govt pay is linked to private sector.....do you think your boss should be paid 500 times to 5000 times more then the average singaporean wages??
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What happened to the perks of office of the US Presidency ?
The original reason behind this policy and that was subsequently NEVER pushed further to the surface was that Ministers "create the environment" for all businesses to make profit (?). Therefore, the Ministers Pay should be equal to the highest paid C.E.O's and worked out from an AVERAGE of all the HIGHEST salary paid to CEOs.
This argument is controversial and amazing in itself.
The original values of "Pride in Personal Sacrifice" and "Honor of Office" is no longer privilege enough in holding Public Office.comeon lah.... pride and honor cannot totally replace the potential cost... if i am being paid 500,000 dollars a month in private sector... even if i have pride and honor in holding public office for a 5000 dollar salary... i wonder over 3 critical points...
One, in the world of economics... is my value of service to the public worth only 5000 dollar? surely... in view of my effort, ability, as well as the significant impact i will have on singaporeans based on my decision.. i dont see the appreciation... in that measly sum...
secondly... i would have thrown out 495,000 dollar out the window every month if i go into the public sector where all the voters are only interested in getting the best out of me... insisting that i perform.... thinking that its my life to live in suffrage for singaporeans...
, worst... some singaporeans would wonder if i am from mental hospital... to throw aways 495,000 dollar per month.. just to sit in public office... stupid right??
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lastly... when the economy falters... you think the voters would be bothered if i am are paid 5 dollar or 5 million dollars?? of course not... they will still wanna burn me at the stake...!! just look at other nations and you get lots of examples....
Well you said it in your first statement that "we are blind sheeps that we cannot see....." and this begs the question: how can you then know what my eyes are looking at, since you are a blind sheep ?
At the risks of threading on those big toes, it is unfortunate that the only difference between Singapore and the other "supposedly" corrupt countries, is that everything is done by giving it a face of legitimacy through legislation; no matter how unreasonable the law maybe.and we are blind sheeps that we cannot see... you got eyes.. yet i dont know wat are you looking at...
i think we have diverted far enough from the original topic... me think you should stop growing branches and stick to original argument...
BTW if the CEO of a small little COMFORT is paid a Million Dollar salary, how much do you think the CEO of NTUC FairPrice is paid with your shopping contributions of high priced NTUC products that originate from Malaysia ?Why did you conveniently left out this paragraph from your response to the body of my post to you ?
read my sentence i posted ..... in my last reply....Originally posted by Atobe:To "tripwire"
From my post of 15 March 2003 - 10:21am
Why did you conveniently left out this paragraph from your response to the body of my post to you ?
Nothing to add ?
Not even a "one liner" ?
Originally posted by tripwire:In this reply, I guess you have not had the time to review my response to your "long post", which I have addressed each point brought up by you.
read my sentence i posted ..... in my last reply....
[b]undoubtedly... how the private sector pays their head boss is questionable... but then i hope to see future transparancies in this area... [/b]