1 man tackle so many.
that speaks volumes.
Or from a different perspective, more are needed to balance ?

The biggest problem with the Job Credit Scheme is that it puts money into the hands of the companies without any performance targets in terms of the number of job saved. This is the same sort of problem where the rescue schemes of many governments put money in the hands of the banks without any performance targets in terms of easing the credit crisis.

The relevant agencies should monitor the amount of Job Credit collected versus the number of employees retrenched across the GLCs, MNCs and SMEs. There must be transparency and accountability.

There are of course alternatives in putting the money directly in the hands of the working class. The People are watching this closely.

The beauty of the Job Credit scheme that it is very easy to implement. Performance targets are very difficult to come up with and measure. Nobody said this scheme will prevent job losses, it will *reduce* job losses. Maybe a GLC cutting 80 jobs would have cut 120 without this scheme?
Furthermore, this scheme makes it cheaper to hire locals compared to foreigners so the impact is not only in reducing retrenchments but also in potential hiring for those who lost jobs.
There is money being put in the hands of the working class too (GST credits).

LTK did very well in replying to all the bombarment from PAP MP. They keep saying the JCS is good for all workers, they can keep their jobs cos govt is bearing 12% of their salary up to $2500 per month. They forgot that if the company have no buisness, will the company keep it going for the workers sake the ans is NO. I like what LTK suggest that the govt pay direct to the CPF of the workers that will really help the workers to pay for their HDB or medical usage.

Lim Swee Say is worse of the lot, he is asking what WP will do if they are in govt and then adopt it. Real Siah Sway for a Minister to ask this. LTK should ask him back as NTUC chief, is this the best he can do for the workers. JCS. Even Hailimah Yacob says after chap kor mei more retrenchment will happen, so JCS doesn’t work.

We need more opp MPs in the parliament to counter the MIWs.

The PAP just gets drifted and getting more out of point as time starts ticking. Whenever LSY speaks, nothing went right from him.

hongjun

Just another hype!

“Jobs Credit Scheme” is a misnomer.

It’s nothing but an “Employers’ Credit Scheme”!

The word “Jobs” is used to wag the dog!

feedmetothefish

just feel that Job Credit Scheme is not necessary in the first place to help singaporean to save their jobs, think our government can just set the rules and regulation to limit the large number of foreign talents every company can employ to help our follow singaporeans.

What about a better use for the reserves? It is about time to introduce a systematic change in Singapore’s labour policies. Every time there is a crisis, Singaporeans always talked about withdrawing their CPFs to meet difficult times. I suggest an alternative which would be a far better use of our fabled reserves – Unemployment Insurance Act. Here’s my proposal:

01. Use S$10B from our reserves as the Seed Fund.
02. It functions similarly to a Group Insurance Policy
03. Mandatory insurance for all Singaporeans and PR
04. Mandatory for permanent and contract workers
05. Employers contribution equivalent 3% of the employees’ wage
06. Employee’s contribution equivalent to 5% of the employee’s wage
07. Foreign Workers’ Levies goes to this Insurance Fund
08. Provides for a Fixed Monthly Payout Unemployment Benefit
09. Payout is uniform regardless of person’s background
10. Period of Payout is limited up to 6 months per calendar year.

Two is Never Enough is called “Two Is Enough”.

HDB 99-Year Flat Leasing Scheme is called “Home Ownership Scheme”.

Old Recycled Waste Water is called “NEW Water.”

Regress Package is called “Progress Package”.

Employers’ Welfare Scheme is called “Job Credits Scheme”.

WTF is going on inside our elites’ brains? Making us out to be fools?

I hail LTK, and I hope to put more oppositions in the next general elections.

This bullying of the opposition must stop.

With this new media, the Straits times and mediacorp monopoly must stop!

Is it Really true that all PAP MPs do not see his point or what?

I like the part where he says, what the retrenched workers get is just 24 month instalment from IRAS instead of 12 months instalments :)

Damn generous of the budget.

No handouts to people retrenched but FREE UNADULTERATED welfare to call employers.

Can’t imagine what the profits will be like with retrenchments PLUS salary bonus for remaining workers?

I am surprised to see so many MPs asking Low Thia Khiang to answer questions on the Job Credit scheme. Surely, they should be addressing the questions to the Finance Minister?

I find some of the questions asked by the PAP MPs to be rather unfair They only want to attack Low Thia Khiang’s views. LTK has handled the unfair questions quite successfully. Well done to LTK.

I think they were trying to pin Mr Low down to an either or question or choice and I am glad he rebutted them all – especially the last question by Lim Swee Say, which I found rather dumb, really.

Mr Lim asked if the WP were in govt, would they rather implement the JCS or cut CPF by 9%.

I think this is the type of thinking which plagues the PAP – it’s either this or that. No in-between.

Credit to Mr Low for saying that if the WP were in govt, they would not cut the CPF but would rather use the funds for the JCS to directly help those who are retrenched – this follows his point that if a company has no demands for its products or services,, it will retrench employees, no matter whether there is the JCS or not.

Interestingly, Mr Low had to repeat this point several times.

Seems that the PAP MPs weren’t listening or weren’t able to understand this simple point.

Also interesting to note that 4 out of the 6 PAP MPs who took Mr Low on were from the NTUC.

Perhaps Mr Low should have added that even government-linked companies such as Chartered Semiconductor announced they would retrench 500 workers – this after the Budget and the JCS had been announced.

This only proves his point further – that companies (including govt-linked companies) will retrench if there is no business.

It’s appalling that the MPs who are in the NTUC cannot see such a simple point.

LAU HEAH,
Sshh…..Tolong leh,Bo Her Hay Ya Hor(no fish prawn also as good).

I agree that 3 month is a bit too long for those facing cashflow problem.

But Bopian 3 month oso got to wait leh .My towkay is about to close down anytime and this is his only chance he can continue with his business ..He say this is the first time he experiences the Gamen’s generousity with the JCS.I started to see my boss smiling queitly .I am happy for him I started to have hope.Personally I love JCS.

to agongkia:

Sad to say on a national basis, for those companies who need to retrench, they will do so quickly and not wait for 3 months.

Paying worker who got retrenched, after serving for a long time gives people a sense of justice, which is lacking in Singapore.

Actually, I think the JCS is not going to cost much as only the ones who are not retrench benefits and this group is evidently a small group. So, small payout.

The proposed budget is just to impress as usual.

For this episode that he stands his ground, I respect him all the more. I doubt many PAP MPs have that kind of guts.

The onslaught by the Labour Parliamentarians on MP Low Thia Khiang showed clearly that the Pack Culture in them has risen a notch or two from the last Parliament Debate.

patriot

I think he has more common sense than any of those PAP MPs. These elites are out of touch with the people and the real world.

With these yes men and women as our leaders in Parliament who cannot examine their own policies critically, I believe our nation is doomed if this continues. I urge all Singaporeans to awaken and stop the rot.

http://en.wikipedia.org/wiki/Groupthink

I applauded Mr Low for highlighting quite a few valid doubts to JCS and it efficiency.

I am also quite delighted that he highlighted the pay of Ministers in according to the expenditure does not equates to the 20% cut highlighted by TCH.

Well done LTK.

He should also ask if the increase profits from JCS is tax-deductible.

If it is not, then the govt will derive part of the benefit back.

So, the scheme would end up costing less.

Then why project such a big amount.

I also think his performance was great!

You see, opposition has more ideas than the PAP people.

You don’t need to pay millions to get great quality.

Paying millions could attract monkeys too (with an accent). Ha!

Like what USA has done, help the sectors which are in trouble. Negotiate with the companies which choose to relocate. Policy should be more flexible when the issue is to try to save jobs. Due to a reduction in demand, reducing the number of job position is therefore inevitable. Isn’t this what Mr. Low is trying to say? I felt that the other MPs are purely picking on Mr. Low. Hence, if jobs can’t be saved, the next better solution could be to spend more money to create new jobs and these new jobs must be able to sustain till the recession end. The focus must be right. This will make sure that the money is spent on the right place.

In a recession, money should not be use to generate wealth or to help companies to maintain profits but to help the people through the hard times.
Money should be used to help the troubled companies and well as the unemployed. Such “help” policy shall then be reviewed as the economy picks up.

Why pro-business (employers) and not pro-citizen (emplyees)?

Those businesses who do not intend to retrench will benefit from the JCS. This translates into profit, CEO’s performance and pay package.

In turn, Ministar’s pay are pegged to these CEO pay packages.

Now you see – there is this perverse incentive to peg ministar’s pay to CEO pay.

Sometime ago, Tan Kin Lian suggested that ministar’s pay be pegged to 60 times of the national average wage. This makes more sense in today’s context.

Yes, they are pegged to the top percentiles of the CEO pay.
CEO pay is decribed by obama to be too much.
Should their pay be pegged to CEO’s in the 1st place?
That is my question.

I wonder does the majority agree to CEO pay or non CEO pay?

so far, the impression i get is they support. but as usual, I donche know wan.
I sometimes know, sometimes dunno. Sometimes yes, sometimes no.

What Scheme!
I am glad my friends may keep some of their jobs given that their employers, GLCs all will receive job credits, am i right?

sometimes it is not what the MPs say that is important – the perception is that no matter how reasonable or relevant Low Thia Kiang’s points are they will be shot down by at least half a dozen of PAPies who oppose him no matter what he says.
The public sensing this unfair assault detaches away from the arguments and sees this exchange as political – even if LTK is correct the Papies will still argue he is wrong to score brownie points.
just like a school debate.
what’s the point?

Did anyone heard Case chairman replied to LTK’s counter questions about job credits for companies still profiting?

to be fair, the case person asked a good question which was replied very well by LTK.

Beautiful !! Low Thia Kiang, you are fighting for the workers. All NTUC MPs can go and sleep. I hope Mr Tan Kin Lian will team up with WP and fight a GRC. Mr Seow Kum Hong can join in too. Well done WP, please win Aljunide to increase your numbers.

[...] MP Low Thia Kiang also gave a good presentation at the budget debate on the JCS’s effectiveness in saving jobs. It seems to me that he is [...]

If sheng shong able to expand does that mean the job credit works?
yes, it works for 1 company.
has anyone quoted how many companies will still retrench even if given job credits? Did anyone asked this?

a certain drug may be good as it may save a person’s life.
but if this drug cannot save the rest, what is the effectiveness of this drug?

LTK has proven he can take on multiple debaters in 1 parl session.
To be fair, his rebutals all passed with flying colors.
Even more impressive is that he may not be the most bombastic english speaker with ivy league degrees.
This proves that substance is more important.
BRAVO! LTK has re-ignited the support base.

YES! LTK is outnumbered in terms of numbers only. He took them on and done well! Impressed to say the least.

I feel that there should be black and white justifications shown that job credits will work before it is implemented.

Its like a business plan.

What justifies this way of spending?

Do not be mistaken, i agree HELPING workers, especially citizens, is good and to be applauded. The Only issue I see here is the rationale or business sense to spend job credits in this way.

1. Should profitable companies, eg. maybe a pawnshop, transport companies, receive job credits when they do not retrench?

2. What is the rationale to give job credits to profitable organizations like Transport companies?

3. Why not spend this money for comcare or to help the needy and jobless get INTEREST FREE loans to upgrade? SPUR courses also require trainees to pay and pay some money I understand. But jobless means zero income. And the courses take some time to complete. Meanwhile, HDB arrear letters maybe piling up. Children need to pay and pay school fees and transport fees and medicals. the list goes on….

I think LTK made it SUPER CRYSTAL clear:

he is not against the idea to HELP singaporeans.
His concern is why profitable companies receive job credits?

Among these companies, who are the largest employers?
Do some companies have no-retrenchment policies?
Do these need credits in order to survive?

YES! LTK is outnumbered in terms of numbers only. He took them on and done well! Impressed to say the least.

I feel that there should be black and white justifications shown that job credits will work before it is implemented. If there is , why is LTK asking all these questions? Where is the black and white justification? If they are all there, to prove it comfom works, then saves everyone time.

Its like a business plan.

What justifies this way of spending?

Do not be mistaken, i agree HELPING workers, especially citizens, is good and to be applauded. The Only issue I see here is the rationale or business sense to spend job credits in this way.

1. Should profitable companies, eg. maybe a pawnshop, transport companies, receive job credits when they do not retrench?

2. What is the rationale to give job credits to profitable organizations like Transport companies?

3. Why not spend this money for comcare or to help the needy and jobless get INTEREST FREE loans to upgrade? SPUR courses also require trainees to pay and pay some money I understand. But jobless means zero income. And the courses take some time to complete. Meanwhile, HDB arrear letters maybe piling up. Children need to pay and pay school fees and transport fees and medicals. the list goes on….

I think LTK made it SUPER CRYSTAL clear:

he is not against the idea to HELP singaporeans.
His concern is why profitable companies receive job credits?

Among these companies, who are the largest employers?
Do some companies have no-retrenchment policies?
Do these need credits in order to survive?

I read about the JCS debate on ST, and it really pissed me off.

LTK tried to express his doubts on the effectiveness of the JCS. But what was lim swee say’s response? He kept challenging LTK on whether he favours JCS, or a 9% cpf cut.

Does this mean our highly paid cabinet could not come out with better alternatives other than those 2, the point which LTK is trying to project?

Why arent there transparencies when the schemes/initiatives are being made, or debated?

And what’s the point of these budget debates when everything has already been decided?

Please lah, put more oppositions in parliament. You guys are kidding, you just make up 20% of the population.

Look at TOC’s own poll. Less than 20% gave LTK at least 8/10. Add the people who gave him 6-7, it is just slight below 50%.

Even in the internet where most people are anti-PAP, LTK can’t pass. It means there are lots of PAP readers quietly lurking around.

Finally,LTK has woken up from his deep slumber!
Are these NTUC MP,ministers more concerned about protecting NTUC’s interests or worker’s interest.

They behave just like the pigs in Animal Farm. “All are equal,but some are more equal than the others”

From the video clips, it seems to me that PAP members are trying to win the debate and not trying to understand what LKY has to say. As usual, like any other debate, JCS has turned into face savings battle for the MPs .

I will not be surprised if LTK suggested having JCS in the first place, the same MPs will jump together against it simply for the sake of doing so and not tackle the issue in depth

LTK has awaken from slumber.

This is where I disagree with CY.

The main stream media has blocked out all effective debates from the media.

If there is a youtube – look at the past speeches of them – include Sylvia Lim – in parliament.

I applaud TOC for putting this up. It must change the scenario in the next elections.

It is good that WP has chosen not to go to the Streets like SDP – we may lose them to all those unfortunate court cases.

Hi TOC readers,
need a favor, if any of you have read or seen Answers to the question
why profiting companies need to receive JC,
please do me this big favor and paste the url here for all to see.

I support the idea to help companies who have to retrench due to costly singaporeans. But spending the reserves should be done only with a proven plan. something that really works. If there is already such a proven plan, and i missed it, then ignore my question but prove to me such thingie exist.

I urge all profiting companies to donate this credits to the society.

Targeted approach is prudent approach.

1 cent too many , unless well spent.

Does Job Credit exclude the foreign employee? Using our reserves to save their jobs?

To JD,
I personally agree with you that there are alot of PAP readers.
But this people a blur people.
Because they always follow those majority.
But what they are getting?
They are getting from PAP gov to screw us.
Increase ERP,
Increase GST,
Increase Transport,
Increase Minister Pay
Now they implement this Budget JCS, actually this Budget JCS look like pro MNC and not pro workers.
LTK respond in this parliament are obviously dam good.
Because he’s the only opposition in parliament.

read the ST article written by Chua Mui Hoong. she did mention that the MPs were missing what Low Thia Khiang was trying to say, which is whether the JCS is helping the employer more or the workers. they were just trying to demolish him.

can’t they just leave the politiking aside for once and just deal with the issue? if there is anyone to defend the JCS, let Tharman do it. it is his work and he knows best.

learn from obama. he told the republicans to put aside politics for the time being. there are times for biting each other and score political points. there are times for dealing with issues.

Doctor: Take this medicine and go home!

Patient: Is it effective? Are there other (better) options?

Doctor: If you don’t want this medicine, you wanna die is it?

Patient: But how effective is it, especially pertinent given its high cost?

Doctor: Shut up. It’s effective. It will make you feel better…

Patient: How much better?

Doctor: Better! If you were the doctor, would you take this medicine or would you choose to die?

Patient: If I were the doctor, I definitely would be in a position to evaluate my options! Why are you paid so much for? Quack!

yes. i have stopped subscribing to the main stream papers for some years now. prefering instead to read widely and tune in to news from BBC and CNN. in other words, i prefer to draw my own conclusion on what works and what is not working.

I must say i have to agree with LTK that the job credit is a blunt instrument to address worker retrenchment. I share the same sentiment that such indiscriminate wage subsidy will inevitably enrich the profits of companies who do not need them.

Since the reserves is being withdrawn to fund the job credit scheme, there must be a mechanism such that for companies receiving the job credit money, no executives however senior they are should not received a total compensation of more than the salary of the President of Singapore. If they can afford to pay more than S$3 million a year to an executive, then they should not be receiving any help from the reserves and also should not retrenched. Anyhow, the salary of the Singapore president is about more than 3 times the US president, and this figure is big enough to include all those companies needing help.

The Sin President pay is not 3 times that of US. Sin Prez received S$3.7 mil
last year compared to Bush US$400,000.
But the vast difference is not on the pay but the job scope.
While the US President runs a country of 300 mil and his decision may affect
some or all of us, the Sin Prez functions as a display doll or puppet for the
Sin Govt, which makes you wonder why he needs to be paid so much.

From the debate between LTK and the NTUC Gang I came to the conclusion
that the latter are pro-employer. None of them appears to be speaking for
the workers and that was quite shocking in that this Gang together with its
Chief is supposely the champion for the workers.
Now we know the true colours!

It [Job Credit Scheme] doesn’t solve the entire demand problem. It doesn’t solve the cost problem – MP Jessica Tan

It is better for us to not have the Job Credit Scheme and forget about it? – MP Josephine Teo

It is very clear that PAP’s main argument against LTK on JCS is that having something is better than nothing. It is hardly a conclusive argument at all. The loan programs launched by MTI in November 2008 to assist the private sector have not picked up too. On the other hand, Budget 2009’s risk sharing program with banks to boost local lending has yet to translate into practical effects too. I think the risk sharing program is some kind of credit default swap arrangement, which means 100% of the loan capital still comes from local banks.

They get paid top dollar,must be rewarded with sky high salary on par with CEO of MNC

Yet cannot perform during time of crisis like home sercurity incident and so on.

Now the biggest crisis… World Recession and blame it all on external factors. What kind of lame excuses coming from these Top Class A-Team, the best people Singapore can only find and must be paid Top Dollar

BUT CANNOT PERFORM during a crisis..

30) Tew Pui Kee on February 4th, 2009 1.32 pm
Beautiful !! Low Thia Kiang, you are fighting for the workers. All NTUC MPs can go and sleep. I hope Mr Tan Kin Lian will team up with WP and fight a GRC. Mr Seow Kum Hong can join in too. Well done WP, please win Aljunide to increase your numbers.

Better still, make your WP bigger and fight not only for Aljunied, take Ang Mo kio and Ponggol, Sengkang or whatever kang kang I don’t care, just throw these useless and good-for-nothing papees out in one go.

Yup, I agree with Mr Low and some PAP MPs as well, that the JCS may not be effective in keeping workers’ jobs. Demand-side measures must be taken up as well.

What LTK said is correct. The JCS only benefits those profitable companies. I work in such a MNC. My angmoh MD just announced pay freeze for all employees. This is after the budget announcement. PAP has transferred our taxpayer money to the MNC management pocket without benefitting the citizens. My company has money to do renovation, let staff from HQ stay in Shangri-la hotel when they come here, but cannot afford to give even 1% increment. THIS IS SHAMEFUL, IT’S THE HEIGHT OF IRRESPONSIBILITY !

The bunch of pple in the ivory tower making this budget is out of touch with the ground. PAP is too pro-employer. We need Worker’s Party to speak up for working class. Those NTUC fellows are not up to mark.

One possible reason why majority of the PAP members are against LTK is that they all could have their own private companies (directly or indirectly) besides their MP appointments, so if this JCS is approved, they all will again benefit from it too. Maybe, but I think it is very possible that such intention in one’s mind is just selfishness to greed for their own than for the welfare of those who employees who really need this assistance.

It obvious that our loyal opposition are outnumbered.
It would be better to have 2 or 5 more there to provide better debate quality which benefits the people ultimately.
5 more. Surely there is no doubt that sg has more than 5 talents to step forward with similar if not better calibre? If not, I worry for sg’s future. But actually I believe sg has many many talents to choose from or even more a soccer team.

So, are sg’reans really so determined to Deny the minority voters to have a few more credible opposition members to make the debate scene more lively and challenging?

I think the people are responsible for the status quo which is not bad but have room for improvement.

Ha ha labour union representing the employers hah! only happens in singapore lah!

LTK please tell the PAP that you have a better team to handle this crisis than the PAP if WP party is the government.

Thanks TOC for providing the videos.

Singaporeans need a paradigm shift – what exactly is the WP opposing that we still call them the Opposition?

LTK sounded more like the speaker of a proposition party for our people, fending off opposing voices. It’s more like people versus oppress-ition.

PAP have always said we need to pay high salary to attract and retain the best talents.

Now we all know what kind of “talents” we are attracting and retaining.

The elites are very talented indeed…. in studying and scoring well in classes. But in terms of motivating, productivity, creating value, leading etc, they are sadly lacking.

How come we are still reading retrenchment when the PAP says the JSC will be effective. How effective? Any numbers to show? It will just help companies survive for mere half a year. If companies run out of business with no demand, they have no way but to retrench. Maybe it’s time GIC, Temasek Holdings to buy the share of the viable companies and getting the MIW to sit as directors or manager and bring them out of the recession. Can the MIW take up the challenge to get those companies out of recession? Will the PAP spend money on those technological viable companies to buy them out. If NOT those technology and expertise will be lost forever. If the economy improves, we will be most hard hit cos those expertise will have return to their homeland bringing the brain treasures and those companies with no money will not be able to revive their companies and provide jobs for the people. Help the PEOPLE, PAP!!

#48 Jack’s absolutely right in saying:
“The Sin President pay is not 3 times that of US. Sin Prez received S$3.7 mil last year compared to Bush US$400,000.
But the vast difference is not on the pay but the job scope.
While the US President runs a country of 300 mil and his decision may affect
some or all of us, the Sin Prez functions as a display doll or puppet for the
Sin Govt, which makes you wonder why he needs to be paid so much.”
The obvious reason why they have to pay the display doll such an outrageous salary is to justify by comparison paying themselves similarly outrageous salary.
Their outrageous salaries have made Singapore a laughing stock for the rest of the world.

Basically, those MPs are just trying to put words in LTK mouth and simply refuse to answer the question where “everyone need to hear from the PAP, how bloody effective is the JCS”?

Now, if you look at what I mentioned above. You would be likely thinking, are we paying this bunch of monkeys MPs to waste tax payers’ money to put words into people mouth?

Personally, since the PAP can avoid direct question, LTK should not be so submissive in answering their question one by one. He should have ask these monkeys’ MP,

1. If they are so sure that JCS will work. Why it is so bloody hard for them to give a definite ANSWER or FIGURE, how many Singaporean will benefits from this stupid scheme?

2. Why they can’t answer on the question, these monkeys Ministers is still holding on to high pay despite cut? So, LHL moving forward is moving forward without Singaporean it is?

The 2 most important things that LTK highlighted are:

1. Like I always mentioned in my past comment, this is a GREAT DEPRESSION not a RECESSION. When there is no demand what would this JCS do?

2. Is PAP going to apply JCS across the board profitable and non-profitable companies?

Those PAP are pathetic and empty when come to debate, and you call them elites? Either their ears have problem or sleeping thru out the session when LTK speak.

Maybe they should attend some self-improvement lesson by Dale Carnegie.

Rule No.1 – No one care about what you PAP monkeys think is the best!

If your JCS failed to save job, everyone will know is your best really the “BEST”. No amount of words by then will help you with your election if you are being challenged. Therefore, I hope you better keep your fingers crossed.

#60) WP on February 4th, 2009 11.46 pm

“The elites are very talented indeed…. in studying and scoring well in classes. But in terms of motivating, productivity, creating value, leading etc, they are sadly lacking.”

They are bunch of chimps who try to look sophisticated in a space suit and think they really can fly to the moon. With luck, we will see them explode together with the spaceship.

Btw, can someone ask Union Chief Lim to go sleep with snake or not? His bloody face full of pot holes and I think the grass look better than his centre pocket hair style.

Adding on to the above, this Union Chief think the Parliament is a Kopi Tiam it is? He already say it was the last question and yet still walk out casually ignoring the protest, laugh his way to the mic and continue to speak (As if, it is his living room).

Best part is, speak nonsense. Really like a clown.

Those MPs who pose the question to Low look so stupid that I question why didn’t these MPs just follow their GodFather’s model answer by saying that it may take up to 30years to see the benefit of Job credit scheme. Yes, it is the stupid and parroting answer but who to say that Godfather is wrong ?

These PAP MP clowns just couldn’t think out of the box and nail the root problem like Low. Their thinking are so confined within the PAP’s box because it a groupthink that sing the same tune.

A story …
One day, arrogant and know-it-all Ah PAP and experienced, practical Ah Opp go to forest for a stroll, and out of sudden came a hungry bear. Unfortunately, they did not bring a gun, acting smart, Ah PAP start using his finger to make it look like a gun and pretend to shoot the bear, hoping it scare away. Ah Opp ask what is he doing that for ? Ah PAP ask Ah Opp what he will he do given shooting the bear and running away as fast as he can, and only can choose from this two choices, Ah Opp say neither and then drop “dead” to the ground, forging death. Subsequently, Ah PAP get eaten by the bear , but Ah Opp is spared because he knows that bear do not like eating “dead” corpse and no one ever outrun a hungry bear, and therefor staying motionless and acting dead is more effective.

Ah PAP now go to no man’s land and meet his GodFather, and because Ah PAP is egotistical and cannot risk losing his face just like his model GodFather, he says he is thankful to the bear for killing him because now he get to meet his GodFather. GodFather is happy and shout “Long Live PAP !”

The truth is we can scream and shout all we want on this website but there are too many Singaporeans oblivious of these issues at hand.

Most either cant be bothered or are really only reading govt controlled media which might not be the best option avialable. Another class of Singaporeans are those who are not highly educated and cant understand all these policies to begin with. Tia Kong govt good means good.

For there to be practical changes, ppl must elect a more balanced party, whether WP or PAP. History have shown ppl with power begets more power. WP may turn to be PAP in future as well. Its a balance of power which is impt. Hope there will be changes next GE

[...] originaly linked from theonlinecitizen [...]

Red-man,
I agree with your comments about LSS. Of all the ministers I think he is truly the most abominable chia liow bee one. How can he be paid multimillions to hold a ministerial position without any portfolio or responsibility? His only portfolio that I can think of is to insist that the JCS is pro-worker and not pro-business. It is like insisting that charcoal is white and not black.

you made your choice in 2006, see what happened.

please make a wiser choice in 2011.

Considering that this is open-debate in parliament, we can this how pathetic is the PAP’s policies in term of substance and defence. It is basically clowns planning everything.
Now we know why Singapore is screw-up because majority of these policies are implemented based on similar substanceless argument and done behind closed-door with just Swee Say providing the ending question with “Select PAP’s pro-business choice: Either A or B only”

I will have more respect for Lim Swee Say if he pose his last ending question to Low as
“Every month, when I receive my CPF statement, I feel so rich and the best part is, I know the CPF money won’t run away. CPF will still be around for a long, long time to come… Not only is it earning good interest, my capital is protected.
Now, Low, do you feel rich or not with Job Credit Scheme ?”

The PAP has been repeating this mantra that if the opposition is elected and formed the Govt, then in no time the reserves will be depleted as the alternative party will open the kitty and spend the reserves. Looking at the debate between LTK and all those PAP members, it looks like LTK is practicising what the PAP is preaching all this while and the PAP members are practicising what PAP has been condemning

What lively debate? More like a bunch of stupid Goliaths ganging up on one David. There was a lot of noise from the PAP side but they came up with nothing substantial. Bombarding a reasonable man with stupid questions does not make for a lively debate but rather a shameful one.

This is the verbal equivalent of fist-cuffs you see in the Taiwanese parliament and certainly is not of Westminster calibre.

Lim Swee Say said you either introduce Job Credit or cut CPF. This is the fallacy of false dilemma. What kind of education did pseudo intellectual Lim have? His brain is certainly not worth millions.

Yes, it looks like LTK is defending the PAP’s policies and trying to protect the Reserves but the PAP MPs, especially the five NTUC gang, are indirectly condemning their own party’s policies. So funny hah.

I suspect those MPs must have some selfish interest or motive because NTUC is more of an employer than a labour movement. It is the third biggest employer in Sg. So those Job Credits would directly benefit them at the end of the year in terms of bonuses, etc. That is why they are fighting so hard to have the Job Credits.

Just imagine how much money NTUC’s establishments will get from the Job Credits – FairPrice, Income, Comfort-Delgro, etc. etc. etc.

The six PAP MPs’ questions and the way they question LTK reflects very poorly upon themselves. And yet they are showing airs and fanfare for us to see. Aren’t they ashamed of themselves?

Behaving like small kids and big bullies! That is totally very unbecoming of Members of Parliament.

Well done! MP Low Thia Khiang! Clap …. clap … clap ….. Standing Ovation.

to Aaron (72):

I agree with you completely.

Dear #72 Aaron and #76 Neversaydie

By saying that LTK singing the same tune as PAP, I presume you are talking about the agreement on the use of reserve.

First of all, I think both of you miss the very important highlights by LTK. He mentioned that he support the use of reserve (if it is necessary). But on the other hand, he questioned why it is necessary to use the reserve when PAP still can budget so much money for the millitary spending, ministers high pay etc.

This is the precise moment where it pissed PAP off, and they start to panic in answering the most important question on ministers pay. They begin to post irrational questions to LTK instead of answering what he asked. Most importantly begin to look like clown in the circle because they are very much caught pants down.

So tell me, what same tune you are talking about? As a politican or public servant, he of course must agree to use the reserve to help the people if situation is bad. He cannot singing different tune for the sake of opposing the PAP. Please give some thought to it. That is also why I say these MPs are coward and clown by trying to dog away from a reasonable question and divert the attention to putting LTK down.

It is interesting to look at the Cabinet appointments via the following link

http://www.cabinet.gov.sg/CabinetAppointments/

Most of the Ministers have experience only in the public service or government linked companies. Few (if any) had any experience in any US MNCs or European MNCs or SMEs.

In Singapore current situation. We need poltican like LTK, who speak when it is necessary and keep quiet to uphold his party reputation. I think we are agree from these video clips that when LTK made a statement, he is very much surrounded and out matched.

Thus, to those that had been asking why the worker party had been keeping quiet all these time. You should now better understand that their seats in the house are very much super heated. To you it might rational for them to highlight in the house, to them it is potentially giving PAP ammo to gun them down.

Seriously, for those that had been given a chance to choose between worker party and PAP, and yet you choose PAP. Think carefully next time.

Dear Frens,

It is really sad to see that these Clips was not reported or televised in the Strait times and TV News!!!!

See what effect that it is creating here, and if it were to be on NEWS wouldnt it be a big disaster for MIW???

It definitely be a HIT (much better than “Little Nonya”) and MEDIACORPSE can send out a few nice awards. “MOST STUPID QUESTIONS AWARDS”, “BEST DEFENCE AWARD”….

SAD SAD….

>>It is really sad to see that these Clips was not reported or televised in the Strait times and TV News!!!!

Ya.. On news, we can only see the PAPs questioning the Worker’s Party but not the other way round.

hongjun

Cool debate from the opposition leader but that was not what it is suppose to be right? It is suppose to help scrutinize the budget and using of the reserves. I would really like to hear more challenges made to the Finance Minster to hear out his defense and justifications for the budget, the different approaches that the government can take and the decision to choose JCS.

If opposition is in power today and wanted to use the reserves, I would expect PAP members to debate on it so that the interest of Singapore is not compromised. At least I am on PAP supporter that is very grateful to Mr Low TK for getting his hands dirty on our behalf.

This blog posed an interesting question on use of the Reserve.
http://www.littlespeck.com/content/economy/CTrendsEconomy-090204.htm

Why no elite MP dare to answer LTK question on why JCS is not funded by current reserves? Where has the current reserves gone to? Why make a withdrawal from the bank when you still got enough cash on hand?

I have a feeling that maybe the current reserves have all gone up in smoke as ‘paper losses’ in some foreign bank or toxic product. But then again I doubt we will ever know the truth.

Please rem all this and not forgetting it when everyone got his ‘perks’ in 2011….

It is abundantly clear that the MPs are still very partisan in this debate by ganging up against LTK. So I don’t accept this view that they try to sell to Singaporeans about pulling together.

Let me suggest what an appropriate response to LTK should be if they really are more anxious about the downturn than their party politics:

1. Explain to LTK how his concerns are being or have been taken care of. Now, if the PAP MPs are not privy to their bosses thinking than they should not be criticising him but instead ACKNOWLEDGE LTK’s concerns and hope WITH him that the Finance Minister WILL address/explain them satisfactorily when he speak.

2. Explain to LTK and all present, why they feel that it is the best way to go about it instead of just attacking him which betrays a ‘tribal’ response than one of somebody who has ‘cerebalised’ the govt’s proposal and agrees to them based on some individual rational reasoning on thier part. But, unfortunately, the way they had responded shows an antagonism against ANY criticism or skepticism however well placed or well meaning by anyone. In doing so they showed themselves to be more as loyal party members but not the people’s rep in parliament which this situation requires.

84) alky on February 5th, 2009 1.14 pm Why no elite MP dare to answer LTK question on why JCS is not funded by current reserves? Where has the current reserves gone to? Why make a withdrawal from the bank when you still got enough cash on hand?

No lah, they have to set aside the present reserve to be used to pay for their $million salaries or else, these elites will start corruption if they are not well fed.

silence means consent in this case.

The Minister of Finance’s silence to the questions posed by our opposition MP is a clear demonstration that LTK’s comments on the budget’s inconsistencies are correct.

The ministers didn’t lose 20% of their pay – at most 1%.

These Pap clowns walked into parliament without contest, they hide under ministers skirt esp. the P65 who have no experience at all on how to debate because they are spoon fed, their brains are full of $$$ only, you peasants get retrenched is your problem, the govt put up JCS, that is it. Workable or not no body cares, as long as the plan is put forward. This is the ideas from the so called super elite !!!

84) alky on February 5th, 2009 1.14 pm

if any of you got chance to be MP to ask a question,
I hope you ask the 80+ people there,
who knows exactly about the Reserve.
why? becos i no no wor, I interested wor.
if this question cannot be asked, someone tell me genterly wor.

MP Low Thia Khiang rocks!

Its 1:35am in the morning with work tomorrow at 9am, I am listening to his debate.

Well done, keep it up!

18)neversaydie
I agree with you.
If company need to retrench they will have to.
However I cannot comment on your point when you say that the JCS won’t cost much becos I can see the majority here seems to think differently.

JCS to me will benefit the low salaried workers ,the elderly citizen,the lowly educated .It gives them a higher chance to secure a job than the foreigner.I mingle more with those in the lower income group and I see thing more differently.
Most of us here are literate and can express their views here.But the view does not represent the kopikias’,cleaners’,wiremen etc etc whose ricebowl may be at stake anytime .They are only hoping for a job that is secure.I don’t understand why are we questioning its effectiveness?Becos it profit towkay and we not towkay?Becos our company staff all earn more than 2.5K per month?Or our company have less local workers?

To Wikipedia : well said… the existence of LSS shows that there is a lot fat in the govt… should trim that first. Why squander such an opportunity?

To agongkia:

The reason why I think it won’t cost 4 billions for the following reasons:

the scheme supposedly targets the low income.

But this segment is most vulnerable now because many of the companies they are working in are shifting out of Singapore. (JCS is supposed to benefit private sectors) due to pressure from China and India.

Since these companies will retrench, the JCS doesn’t benefit them at all until they find the next job.Still, that would take time and they would probably have to dip into their savings.

So, these groups of people will end up not using the JCS funds as much as targetted.

Therefore JCS will end up dispensing less cash. Therefore costing less. But the numbers were made to sound big to impress people as usual and possible to hide some other accounting manoeuvres.

I sympathise with your views but the truth is the insecurity didn’t come from not having the scheme, it comes from not having the right policies, especially manpower and industrial policies.

Remember PAP will definitely recoup the money back and can you take the cost increases later on?

Why can’t we just pass the monies to the employees directly in vouchers like Tan KL suggested? Why would that have a smaller multiplier effect than the JCS?

Remember the JCS was not given any KPIs and never explained why it would work produce the maximum bang for the buck when the ministers haven’t heard other schemes from other independent sources. They are also saying indirectly that their ideas are the most exhaustive and the best.

You think so too? Why are they rushing us? Isn’t that how they lose a lot of monies with the citibank/UBS/etc investments? You know, we probably won’t know of these losses had it not been that they announced their investments in those entities with such fanfare that the stock market crashed, it became apparent that they screwed up big time undeniably.

Passing the monies to the bosses (given our high exchange rate and the fact that these people don’t need the money) incentivise them to invest elsewhere in the world and not in Singapore thereby letting us miss opportunities indirectly. why not? just keep the extra monies in foreign currencies or invest in UK properties to make things simple.

If you read Ngiam’s (ex perm sec) comment, you would see that the macro problem is that our productivity lags behind salary increases and they are using this JCS thingy to first ensure the HDB loans can be serviced while employment cost goes down. However, the source of the productivity is due to the massive immigration that happened the last few years. We are simply not attracting the right crowd and we had no say but pay the social costs.

Read this https://www.citigroupgeo.com/pdf/SAP23758.pdf

So, the govt is using our reserve to solve a mistake they made and later making us pay back through higher minimum sums and medisave account increases and lower interest rates in those accounts, not to add, all the GST increase subsequently etc.

Remember we actually saved enough from the current electoral cycle to fund the JCS programme etc but it was never explained to us why didn’t we just use it and give more due concern to the use of the reserve.

The real question to ask is

- how do we get into this sh*t? we are supposedly a rich country with high saving rates? Even the Taiwanese who had the corrupted Chen for 8 years, have a lot more monies than us when they retire.

I don’t know about you but I think the fundamental problem I think is the way they operated – post lehman’s failure events just expose their ineptitude. They didn’t know think this recession will last long but now, they think it will. (over a period of 2 to 3 months)

I am all for the use of the reserve but it must benefit Singaporeans first. We have no privileges and a lot of obligations. Remember, we slog hard to save it and worst, we probably have to work harder to pay it back – don’t you think so given the PAP style of governance. Also, us spending such monies benefit the other people living and working in Singapore through ripple effect. right?

They say in HK, appearance is important but I think Singapore today is all about appearance more than ever. Yes, certain schemes seemingly give more monies than some of the scheme that the opposition proposes but the problem is those who are supposed to use it doesn’t knows about. so the funds just end up sitting there with the appearance of satisfying needs better. I think JCS is the same thing. JCS end up benefit the wrong group of people to the mockery of the honest folks who just apply themselves and didn’t dare to ask. (which you must agree, there are many such people).

That’s why I support LTK’s view: we need to know or at least sure that the reserves are spent in an effective way to benefit Singaporeans. Have you asked yourself why a low risk pension fund such as GIC invest such a large amount/percentage of the fund size into foreign banks? Even the mainland leaders think it is a lousy idea after they invested. We haven’t heard anything learning from our leaders yet?

Also, to LTK’s credit and TOC’s credit, that there are other savings we can make with the ministerial pay and the allocation to mindef in the current budget.

If you notice the answers or questions thrown by the PAP MPs, they cannot prove why JCS will be effective since they cannot reply to LTK’s questions. JCS looks as if it would work just like the casinos look like a sure win investment. (at best) Have you ever thought how the mainland leaders would react knowing that the casinos are targeted at their people? They already ban people from going to Macaw’s casinos… What about the US policies makers when they know we hold such a large stake in their banks? Does it surprise you that they crack citibank up?

I was wondering how come we didn’t think about reducing our exchange rate.

That would deter us from consuming overseas.

Of course, it will make us less attractive to foreign workers but it will make us more interesting to foreign investors, or at least discourage current investors from pulling out?

Just my point of view. Most important thing is that we Singaporeans prosper both materially and spiritually. Any good ideas are welcome.

We supposedly have a great education system and not every one works for the government, surely there are other good ideas around? right?

Also, the supposedly most capitalistic country in the world is looking into excessive management pay in their companies and we have no plans looking into that? funny right? They have had it so good for so many years with their education generally financed by the State, isn’t it fair to give back a lot in a show of solidarity when it doesn’t hurt their lifestyle at all?

I don’t know about you… I am sick of being held hostage all the time and I don’t think the current policies are working.

Remember and keep this in mind that whatever the present govt does, they always do it to their own benefit and not to the citizens who are actually paying them to do a good job. Think, how long will the citizens of singapore be able to tolerate all their nonsense any longer. Yes, we are very angry and disappointed with the existing bunch of papees playing their hide n seek games with the people of singapore. Enough!

May I suggest that the government who are strongly supporting the employers by digging into the reserves for 5billion dollars for the JCS that does not give a definite outcome should use this 5 billion dollars to target directly on companies that are in need of orders to keep their operation running by placing orders with this companies to build up inventories for future sales in a year’s time when the economy turn around. Government directly create the demands now for future sales. For future sales, this inventories will supplement any increase in demand that requires expansion of their present production capacity. This approach is more targeted and effective in its desired outcome than the JCS that is just a lucky dip just saving 1 out of ten jobs to be retrenched.

“(JCS is supposed to benefit private sectors) due to pressure from China and India. ”

I would like to comfom that JCS does not go to Public Sector? So many thousands of employees there.

I believe it will be spent on every company there is regardless of sector.

so , i juz like to comfom comfom a bit.

If my understanding is correct, I hope companies that are still surviving donate this to the more needy like those they retrenched already or simply only issue JC to companies who can prove they are gonna retrench and need help. So, more can be given to companies that need help more than the JC amount in order for them to keep workers. As understood, SMEs cost structure is different than large companies and to treat all companies the same is not as targetted or precise medicine as I would have hoped for.

In short, spend on the real cases and cut waste is prudent. If this can be done competently, I am sure the JCS would achieve more effect.

I urge companies not in the red to step forward and say they would like to pass the JC to be received to other companies (non competitors and suppliers or contractors).

Or Interest-free loans of $300 per month should be granted to unemployed persons for a period of 6 months at least.

So that means those without jobs are left to starve?

93)neversaydie
Well said .Thank you for your sharing and I do learn much from you here.

I suppose the 4.5b is just a budget and just like the way you have calculated,so much better if they can settle it with only 0.45 b or even lesser.The remainder can be use for other scheme ,
Whether the numbers were made to sound big to impress people as usual or possible to hide some other accounting manoevres etc is not much of a concern .
My concern is to see that our locals are more attractive than foreigners in term of job applications.,especially during these times.
If JCS can make our employer prefering to take in local workers more than to a foreign one,then I will say it works.
Passing the monies to the employees directly in vouchers will not make the employee more attractive and thus ,is not relevant in this scheme.The objective for JCS is different.
This is a moment to look into how to help our singaporean to be attractive,to stay employed ,whether employers or employees.Personal and political interest should be put aside.Helping employers is also helping employees.

So what if it benefits profitable companies that has got no intention to retrench workers.So long as there are any staff resigning,they will have to get a replacement and this time will prefer to get a local than a foreigner so as to enjoy the scheme.If they do not get someone to replace then there will be no benefit to them .This itself is already effective enough.
Or maybe we can take it that the profitable companies being paid JCS are our neighbour who just strile the HongBao toto draws.Be happy for him and there is no necessity to be jealous.

Questioning JCS effectiveness is like questioning our chilld’s coming marriage.
They need to get married first in order to tell whether the marriage will work well or whether can produce grandchildren.You cannot simply tell your children not to get married becos you doubt his future spouse’s effectiveness.

Oops….Ay…why am I talking like somebody…Sorry …My apology to all…

So,after spending so much time on this subject,please start paying,Pls dun wait till end March to show our effectiveness…My boss is waiting…..
Shh…tell you secretly .My boss faces some difficulty paying his own CPF medisave so I think this time ROC will not let him renew his business licence.He wonder this time CPF will let him pay by GIRO instalment or whether JCS can pay him advance first.He ask me whether the Garmen will tolong ….so pls dun delay the JCS…….tolong tolong….

“They didn’t know think this recession will last long but now, they think it will. (over a period of 2 to 3 months)”

You know what is worst ? Those governing clowns think that IR and Casino are panacea to all the lost amount of public money !

Dear all,

I am an ord singaporean with no political background. From what I see, I would like to know, as an ord singaporean, how has Mr Low’s queries been answered?

From I think, Singapore needs more voices to question the majority’s decision. Especially in these difficult times, we need more people with different opinions from the majority to keep the majority’s decisions in check.

If the majority came up with the policy, the same majority would of course support their own decision.

Therefore, singaporeans who are talented should join the minority to ensure that there are at least some people left to questions the majority.

In this discussion, there is only one minority questioning the majority. Singaporeans, imagine there are no minority in this discussion, what will the discussion be? So many people bombing one person. What happen if this person is no longer around? There will be no one left to question the majority. Also what if this one person could not react in time to all the people bombling question? It may sent a false signal to the uneducated that the minority have nothing to say to the majority’s decision.

I born and breed in Singapore. I am a Singaporean and I love my country. I just want the best for my country.

98) agongkia

“Questioning JCS effectiveness is like questioning our chilld’s coming marriage.
They need to get married first in order to tell whether the marriage will work well or whether can produce grandchildren.You cannot simply tell your children not to get married becos you doubt his future spouse’s effectiveness.”

Well in the case of JCS, if it fails, then 4.5 billion is gone. in the case of the marriage, a divorce can be the solution if it gets out of hand but you won’t be missing the 4.5 billion that can be put to a better use. that’s why we have to question it since there is so much money involve, to ensure that a scheme that involve so much money is optimum and not let it implement and see whether it works cos by the time. let’s say i ask you to invest money, will you want to invest in something that’s not effective and wait for the result with the chanhce of losing your hard earn saving? your analogy of the marriage VS JCS is very illogical

does that answer your question well enough.

98) agongkia

Mr Gong,
is there a proof of concept that it works?
yes or no?
if not why spend?

Do you get married first and then think about whether you are suitable for one another or do you seriously consider before getting married?

101)SZ
4.5b is just a small percentage compare to that many billions that had already been invested elsewhere.(Dun get me wrong:I dun mean 4.5b is peanut)
If dun use now then when ?This 4,5b reserve is not for us to carry along on the day we kick the bucket.And its definately worthwhile to help those locals that need help now.

According to (no.93)neversaydie’s calculation ,the payout may even be very much lesser than 4.5b.

This is my first time that I sense its an investment worth promoting to help workers .Why go against?Becos it dun benefit me?Personel or politically reason?Why doubt their sincerity?Or shall I say,we are rich and only think of ourselves and not others?

Can you and me help our friends or neighbours by lending them monies or provide the jobless food and jobs at these time?If cannot then why must we deprive them a chance to survive?I think you haven’t understand the objective behind this scheme.

How can we prove that it will not work if we dun go ahead with it?

TOC,Pls allow me to share my Ah Huay’s story here.Don’t delete hor.

Seow Ah Huay and myself falls in love .We want to get married.I know that that is my only chance to find a wife.Becos of my gong gong look , my low salary and my cleaner/dish washer or sookoority guard status,I know not many will be interested to marry me.My rich friends can only tease me and tell me and my father that Ah Huay is ugly with small body,maybe cannot produce result.,will not have a happy marriage etc.They hope my father can stop me from marrying my lovely Ah Huay.
My friends are enjoying their more than 2.5 K monthly salary and not worry of retrenchment becos they know they are indispensable .They can go Karaoke and sing many songs but I have to hide in my toilet to sing Ai Pia Chia Ay Yeah and Sim Su Sia Larng Chai .They can only talk and make me wait and wait for them to recommend me a Secretary Jacquerine or Purshasing officer Cynthia but they never appear.
So must I wait for bogus Jacquerine or Cynthia and neglect my innocent Ah Huay when she is willing to help me to produce result. Sure I must marry her because only then I can know whether she can produce result.
If my Ah Huay cannot produce result,at least she can help me by not having to think of loitering around the lorongs in Geylang..This itself is already a result.
By the time my friend’s Jacquerine or Cynthia appear which I doubt they will ,I would have been a lonely old dying Ah Pek and will not be productive anymore.

Honestly speaking lah,the 4.5 b reserve dun belong to u and me.It started many donkeys years back.Our forefather ,the coolies,samsui women ,hawkers,workers ,jagas and everyone had contributed to it in one way or another but how many of them really know there is such a thing as reserve.
This is a time to distribute it to those in need,not directly but in JCS scheme ,so that they all can tight over.
If they phrase it like :employers’s CPF share to reduce by 9 %.BUT GARMEN HELP EMPLOYEES by topping up 9 % .Do some of us as employee here still question the 4.5b?They did not phrase it in this way becos by doing so the purpose will not be met.

and
102)Ms Jeanie Bulbus
Of course I am not asking people to any how grab one and get married.
But how to know whether we can produce baby or not if we dun marry.
Or shall we not marry becos we are doubtful whether we can produce baby?
Of course AH Huay is better unless you can recommended me someone .
But too late now cos I cannot let my Ah Huay down,who is willing to take the risk with me and help me.
Dun consider too much to get married.In the end hey,heh,heh,u sure will regret.
You will see my Ah Huay’s productivity and result only after 1 year.

103) agongkia

woa, so i guess you haven read the latest news right? how JCS DIDN’t manage to help those 500+ getting retrenched from chartered. So what does that tell you about JCS saving job and helping employer when a semi-gov company actually retrench?

“4.5b is just a small percentage compare to that many billions that had already been invested elsewhere.”

woa, so are you warren buffet? you must be a multi-billionaire to be willing to throw away 4,5b in an investment that may not justify it. even the sage himself won’t do something like that. Yes, it may be a small amount compared to other economic giant, and we should use it, but in a way that’s more effective rather then on JCS, just like what so many people have said over here.

we are not asking the gahmen not to help the people, we are asking them to help people in a more effective way. with that, your hypothesis of linking marriage and this trying out of JCS is indeed illogical as the magnitude of the repercussion for JCS failure is way higher then the marriage failure. You don’t invest a huge amt of money in something that you know will have low return and have high risk. can you think of a better and more concrete elaboration? i don’t want to sound mean, but your case with Ah Huay, hell, you can go for artificial-insemination or other method to produce that child that you want. however if JCS is tested for a whim to hope that it works, 4.5b that can be use in a better way is totally wasted.

104)SZ

Hahaha…Be cool brother ….pls dun get so uncomfortable.
For a start ,I had stated and bracketed clearly that I dun mean 4.5b is peanut,foreseeing that some people may misunderstood me or use that only point to attack me.I am a poor man with low status and definitely may never in my life have a chance to see that amount in my posssession.

I had agreed in 92) that when companies need to retrench ,they will have to.
The scheme is not out there to tell business not to retrench.Got it?
Should you have any further queries or want to understand more ,go contact our FM who is in a better position to tell you better.
I am not one of them but is just someone seeing its benefit to the older workers and supported it .
Spending the 4.5b on our people for a good cause is well spent , Its worthwhile.Actually I dun take it as investment.
Pls suggest a better solution to help our elderly and low paying workers than to argue for the purpose of arguing .I know why certain people argue and are not in favour of it but revealing it here may not be appropriate.

Unless you can recommend me someone better than Ah Huay,no point wasting time telling me how bad or unproductive she is ,or talk as if there are many Jacqueline or Cynthia out there waiting to meet me ..I cannot wait leow.

Tell you ,given a chance to be richer by 4.5 b or to loose Ah Huay,I will choose to be with my Ah Huay .She can help us when we are in need and is definately worth more than 4.5b.Dun try to snatch her away pls..