Just curious how much bonuses in total were being paid out to the all those elites for TM & GIC last year? since there were never any news of these bonuses being published at all.

When times are bad, it’s because other countries are not doing well, not elites’ fault. It’s ‘GLOBAL SICKNESS’. Even elites can’t get us out of this hole. So don’t start pointing fingers and ask pple to take pay cuts!

Makes sense?

Aiyoh, I think the same same as you lah. It is cold comfort knowing a lot of people like you already know it and they still acting as though a lot of us don’t know lah and preeeeeeeeetend they are helping a lot by coming out with all sooooooorts of proooooooogrammes lah.

Imagines mid-level or high-level professionals out of a sudden have to go for prooooooogrammes when they are out of job.

Anyways, if your over 40, Good Luck to you, Getting that job is Not a Sure Thing, all the re- training for nothing !!!!!! It’s a Cruel Real World !!!!!!

If they real did care, they would have announced a policy to secure Singaporeans first. Employers would be warned about retrenching Singaporeans. They only urge employers. Why becos these 2 compaines oso hire foreign talents.

PM Lee and his Dad seat in the board of directors of GIC. Ho Ching is in Temesek Holdings.

These 2 companies have stakes overseas (GIC), and Temesek Holdings (Local). They will save jobs and companies only. That is the result of putting family before anything else. And what about their role as important public figures? Go figure..

If they were concerned, they would have in the last few years lowered HDB flat prices, not erect ERP, would not bring influx of foreignersto boost the slagging economy , would have reduced GST and not say it is for helping the poor… knew it they were bs-ing. They won’t help and they can’t. Becos somewhere in this mess are missing figure$. Even Nathan had to shh shh about how much we had.

You won’t have to hear mix messages from ministers who talk about mice, and then ministers who ask employers to focus on merit.

There just way too much online discussion on how JCS can or cannot work, damn, you guys are playing with a toy that they have created and can still blog thesis after thesis about it.

This game is polictical now. If you are a PMETs who lost his or her job, and have gone to SPUR or the pathetic ComCare and still find that the system here is not there for you…

you can jolly well exercise your political right in the balloting box and get their attention. That will only change things. But ofcos, there will be people from MICA, SPH and MCYS to tell you about horror stories if you blog too much about certain things. Tell them to GFYS.

being one’s own boss would take much time before one can smell success and chances are there but low. very low success rate in fact. but at least a last resort.
need capital also. Already banks not lending and no salary. jia kaki?

best is born as an elite. just being born to such homes means u oto inherit elitism.

a system that so heavily reliant on exports.

could this be considered a robust system?
i wonder…..

Trying to do the merry-go-round like upturn the downturn, upskill the downskill and all the reskilling thingy. Now we are hearing about football in fighting the recession. Tomorrow, it may be table tennis or even badminton in catching a job.

I thought the chief has just said that “we cannot cure the problem because fundamentally, the sickness is not our sickness.” So, can they cure the sickness that the PMET is having by going through the training programmes.

“It is a global sickness and you have to wait until the US picks up”, the world is just waiting for the US to spend on our behalf again and then maybe we have another cycle of fun & sickness again if we forget the lessons.

When US economy COMPLETELY tanks, they don’t get their GDP bonus and call it a 19% paycut.

A paycut is a paycut. Ask the regular man in the street who gets a real reduction month on month.

Not getting a bonus because you didn’t meet your targets and calling it a paycut is just LAME.

If you happened to belong to the category of PMET, then unfortunately you will not be able to go on a dole as our govt is adamant about not giving cash-out to the jobless to ride out the hardship.

The only recourse is to join the SPUR programme which will then train you to be a chambermaid or tour guide which in my opinion will be a myopic move.

What the jobless PMETs need is either a drawdown on their own CPF to fund & hopefully get govt subsidies as well for personal study trips to emerging overseas markets, or for continuing education in the same field of practice, or even to start an internet business. And when the market revives, such effort paid will be put to good use again.

Yep, totallty agree that the cracks on the PAP’s ship are showing. Even LauLee’s recent comment on the long term investment has garnered even more negative sentiments which does not help in salvaging the damage caused by his daughter in law.

And since this topic is on global sickness, what is even more SICK is the fact the our leaders are continuing to draw MILLION dollars salary and yet not accountable for the fiascos done.

so why are they paid so much when all they can do is wait for others to pull them along? all the past claims of how capable they are has been crumbling as this shows that what they can do with their “capability” is limited and not all success are thanks to them.

and i hope they won’t claim that they brought SGP back up when it is over as from the speech, it only prevents damage *how much???* and the factor that lead us back are external

Since we depend on the US to recover from our economic downturn, shouldn’t our PM and Ministers cut 75% of their salaries and pay them to Obama and his cabinet members?

We expect our world’s highest paid PM and Ministers to perform much better than the governments of other countries. It is time for the PAP to realise that not all the smartest brains belong to them. Many brains outside the PAP are untapped.