Originally posted by BillyBong:Before reading on, i just wanna say this is not a compliment.
Atobe: i have read most of your articles and the scope of your general knowledge is enormous. More so is your in-depth understanding and analytical view of current affairs and political science.
Would you ever consider joining an opposition party and expressing your views? I frankly think you could give our ministers in parliment a good run for their money. With your detailed arguments, they will have to refrain from providing simplistic answers which barely scrap the surface.
What if they dont give any ERS shares AT ALL? What will YOU do? Flood this site with more mammoth figures? Go on hunger strike?Originally posted by Atobe:First, the supposedly generous handout of ERS shares is to dampen the increase of another ONE PERCENT to the 4 Percent GST, bringing it to an all time high of 5 Percent GST to be effective from January 1, 2004.
The ERS payout will vary from $250 to $800 for most Singaporeans - for ease of calculation we shall assume an average of only $500 payable to every elligble Singaporean.
Unfortunately, before ERS is paid out, firstly, those who do not contribute to the CPF regularly, must deposit a minimum sum of $50.
There are at least 1,000,000 Singaporeans above 16 years, who are either self-employed, or not working, retrenched, unemployable, retired, or in old age.
Before handing out anything, the Government will already collect $50 million dollars into the CPF.
The ERS will then pay out an average of $500 to every eligible Singaporean, and this will amount to about $1.75 billion.
Here is the big surprise in collection.
With an annual business turnover in Singapore of more then $250 billion, 1 PERCENT GST on this turnover will allow the Government to collect an EXTRA $2.5 billion before creditting the businesses their due GST refunds.
On top of the ONE PERCENT INCREASE to the GST, from January 1, 2004, there will also be a 1 PERCENT increase to Electricity Charges.
The average household electricity bill of $90 PER MONTH, will be increased by 90 cents per HOUSEHOLD.
This small 90 cents increase to the monthly domestic electricity bill for each home will translate into $900,000 PER MONTH, or an additional $10.800,000 PER YEAR.
This is based on an assumption that a Singaporean population of 4.5 million will form 4 persons per household - there will be about ONE Million households.
While Singapore Powers picked up an extra $10.8 million per year with a ONE Percent increase to the Domestic Electricity Rate, the GST also will pick up an extra $10.9 million per year from the extra collected by Singapore Powers.
In summary, while Singaporeans will seemingly benefit from an ERS pay out of $1.75 Billion, the Government will take back an EXTRA $50 million paid first to the CPF; the GST will pick-up an EXTRA $2.51 billion, Singapore Powers will pick-up an EXTRA $10.8 million.
Note that the amounts are not the TOTAL but only the EXTRA being collected from a ONE Percent increase to the GST and the Domestic Electrical Rate.
This calculation have not taken into consideration the increases to the hospital charges, school and university fees, domestic water rates, fares to taxi, bus service and MRT - all effected during 2003.
Did the Government sanctioned 'Opposition back benchers' - (from its own 'Pay And Pay' Political Party) - raise any EFFECTIVE objections to such increases GST and Domestic Electricity Charges at this time when deep cuts are made to salaries and CPF, and with more then 5 Percent Unemployment still continuing in Singapore ?
Happy New Year to All who still believe in the infallible politics and governance of the 'Pay And Pay' Party.
Originally posted by Atobe:Dear Atobe.......I agree with you on this one but I dont understand why you must repeat things that have been said. Saying the same thing twice does not make the impact any lesser. My response is - I terminated my subscription to the Straits Times immiediately, and stopped throwing money for a copy of Wan Bao or New Paper. There are many ways to get the news......and gossips.
[b]SPH cover prices up after nine years
After keeping a tight rein on costs, it can no longer absorb them fully
FROM next month, subscribers to The Straits Times will pay 10 cents more, while The Sunday Times subscribers will pay 5 cents more.
The price increase, the first in nine years and only the second in 19 years, will also affect seven other newspapers in Singapore Press Holdings' (SPH) stable.
Explaining the rationale yesterday, SPH chief executive officer Alan Chan said that the company has kept a tight rein on costs for some time, adding that few firms have managed to keep prices unchanged for as long.
Even as SPH held off on price increases, it invested more than $500 million to upgrade printing facilities, improving the group's colour capabilities, enhancing quality, and allowing for later printing times so readers get the latest news.
The company has also absorbed the Goods and Services Tax - which went up to 5 per cent this month - since its introduction.
However, despite concerted efforts to contain cost, Mr Chan said newspaper production has grown significantly more expensive over the years, and the company 'can no longer continue' to absorb fully the rising cost.
Home and office subscribers, who form most of the readers of The Straits Times and The Sunday Times, will be less affected by the increases.
While subscribers will pay 70 cents for their paper from Feb 1, the news-stand price of The Straits Times will go up by 20 cents, to 80 cents, from Friday.
The news-stand price of The Sunday Times will go up by 15 cents from Sunday.
The cover price for subscriptions to seven other SPH newspapers - Lianhe Zaobao, Lianhe Wanbao, Shin Min Daily News, The New Paper, The New Paper on Sunday, Berita Harian and Berita Minggu - will go up by 5 cents, while news-stand copies will cost 10 cents more.
The Business Times and Tamil Murasu will not be affected by the increases.
Newspaper distributors pointed out that it has been nine years since the last price increase.
Mr Low Thiam Boon, 54, president of the Singapore Newspaper Distributors Association, said: 'In the last nine years, many other costs have risen, including transport and labour charges.
'The increase will help our members cover their costs, while encouraging them to offer a higher level of service to readers.'
The association represents 200 vendors across the island.
SPH's Mr Chan said: 'Despite the hikes, SPH newspapers are still among the cheapest in the region and the world.
'I believe that 70 cents for a subscriber copy of The Straits Times or Lianhe Zaobao is excellent value for money.'
Mr Cheong Yip Seng, the editor-in-chief of SPH's English and Malay Newspapers Division, reiterated the company's commitment to its readers.
'We continually strive to improve our products with regular redesigns and content improvement,' he said.
'This has been, and remains, our commitment... to ceaselessly aim for higher standards to meet their growing expectations.'
http://straitstimes.asia1.com.sg/topstories/story/0,4386,229992,00.html?
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We are going nowhere but in circles, aren't we.........?Originally posted by SingaporeTyrannosaur:I believe the very reason that he knows alot about how the gar'men works is that he will not join an opposition party, which is prehaps the quickest way in Singapore to discredit yourself. Being in the opposition gives you a soapbox but no credibility... observe how easy it is for you to be silenced, even when you are making sense...
What is the intent of your post ?Originally posted by thinkloud2004:What if they dont give any ERS shares AT ALL? What will YOU do? Flood this site with more mammoth figures? Go on hunger strike?![]()
Hi 'thinkloud2004',Originally posted by thinkloud2004:Dear Atobe.......I agree with you on this one but I dont understand why you must repeat things that have been said. Saying the same thing twice does not make the impact any lesser. My response is - I terminated my subscription to the Straits Times immiediately, and stopped throwing money for a copy of Wan Bao or New Paper. There are many ways to get the news......and gossips.
Congratulations again, for a very educated analysis that presumably did not take too much effort on your part, which seems to reflect your signature cynicism towards those with anti-establishment views.Originally posted by thinkloud2004:We are going nowhere but in circles, aren't we.........?
1. The Government is no good >
2. There must be a change >
3. We want to change >
4. We cannot join an opposition party >
5. The Government will "discredit" us. >
6. Go back to 1.
Isn't it lamentable that a group of "articulate", |"well-knowledged" and "well-analysed" individuals have to gather in this small corner to express their mutual self-pity and exchange sobs (Same Old Boring Stories).![]()
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What matters is that I'm "unplugged". The worst thing any of us can do right now is just to take things as they are and "plug" straight back in. Why? Because if the number of these "articulate" "well-knowledged" and "well-analysed" individuals reach a critical boiling point in their number, the gar'men has two options:Originally posted by thinkloud2004:Isn't it lamentable that a group of "articulate", |"well-knowledged" and "well-analysed" individuals have to gather in this small corner to express their mutual self-pity and exchange sobs (Same Old Boring Stories).![]()
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Very good observation, ST, it need not always be down that road as you have described, and which many of the more distinguished Opposition Members have gone with the setting of the sun.Originally posted by SingaporeTyrannosaur:I believe the very reason that he knows alot about how the gar'men works is that he will not join an opposition party, which is prehaps the quickest way in Singapore to discredit yourself. Being in the opposition gives you a soapbox but no credibility... observe how easy it is for you to be silenced, even when you are making sense...
You have answered my question with more questions and, as usual, added the irrelevant insinuations. My intent is simple - I want a solution. In case you got yourself lost in your own avalanche of words, let me put the question to you once again...this time in simple English - "What would you do if the Government had not given you any ERS shares?"Originally posted by Atobe:What is the intent of your post ?
For a supposedly learned mind, the significance of events in Singapore seems to be lost.
Mammoth figures ? Surely the figures cannot be so mind boggling, or do you prefer that the truth not be told, as it may embarass the Masters who are paying your salary ?
> Thank you for the reply. Agreeable with your Option B. I respect your balanced approach although I am not sure if any of us can be totally "unplugged" from the system. Without doubt, there are discrepancies on the part of this Government that have to be addressed. Perhaps the next thing we want to realise is how we can be heard by those who are at the helm. I believe they will listen when the presentation is reasonable. On the other hand, as evidenced in some other posts, mud slinging and name calling will only serve to alienate us further with the problems remained unsolved - unless of course their agenda is simply to demolish the ruling party, whatever consequence notwithstanding.Originally posted by SingaporeTyrannosaur:What matters is that I'm "unplugged". The worst thing any of us can do right now is just to take things as they are and "plug" straight back in. Why? Because if the number of these "articulate" "well-knowledged" and "well-analysed" individuals reach a critical boiling point in their number, the gar'men has two options:
A. Be ousted with a rather undignified fall from grace.
B. Forced to affect change itself.
If anything, we can see that B. is starting to work it's way out slowly. As unfair as they might be, they are far from silly like other 3rd world govts. Our social responsibility is indeed to notice their inconsistencies and do what Singaporeans do best, and that is to lament. In the absence of a credible opposition, keeping a sharp mine and being the very person you so sneer at is the only way of making sure there is some kind of a check and balance out there to avoid getting fleeced entirely.
Enjoy your stay in the Singamatrix, but I prefer to see the truth as it is. Call an injustice an injustice and not point to the past "glories" of the PAP to justify them, as if it's their right to contradict themselves and fleece us because it's their birthright.
What I can say is that gov.sg isn't exactly dumb. They've got "the best and the brightest" scholars at their disposal after all. They are (or should be) quite aware that there are external forces far, far beyond their control which will affect not only the people, but themselves eventually.Originally posted by SingaporeTyrannosaur:... the gar'men has two options:
A. Be ousted with a rather undignified fall from grace.
B. Forced to affect change itself.
If anything, we can see that B. is starting to work it's way out slowly...