patriot

BUT,

to imply that PAP will lose the majority and be ‘weaken’ to be less totalitarian as it is today, will be wishful thinking. Singaporean will be facing structural political developments in PAP itself almost in the immediate future. Nature will not keep Lee Kuan Yew for long and his son, the Incumbent PM, may not be able to handle the country without him(LKY). The Prime Ministers’ Wife, who has just step down from Temasek may have to face more criticisms after stepping down than if she remains in Temasek, this will add to the domestic developments in the Lee Family itself. Here, it is clear that the Lee Familys’ hold and sway on PAP the Party is consequential. It is quite similar to Chiam See Tong not having a successor. Who in PAP will succeed the PM, if due to lack of LK Yews’ guidance, Lee Hsien Loong is unable to handle the country? It appears to me, PAP does not have any.

Pardon this layman for my audacity, I believe we will have a double whammy, the financial meltdown has exposed the weaknesses of our leaders and the PAP itself unfortunately has its’ own destiny to content with.

However,

I think Singaporeans as a whole will be able to make it through all the difficulties. We are after all a minute drop in a tiny dot and the World has no difficulty accommodating a small group of hardworking and servile people. We can live as towkays as we can live as maids and coolies just like our forefathers and may even succeed liked them again. Many by the way are already doing well overseas. The Cycle will come and go and we are just parts of it.

Leadership for the Country as it stands is pretty fuzzy and fuzzy logic is also a kind of logic and out of the fuzziness, some intelligence will be born.

patriot

Now the going gets tough, you see all the big shots starting to speed up “succession planning”, e.g Ho Ching, so that somebody will take the blame and heat when the big crisis arrives.

Sylvia’s speech is satisfactory and her call for a Jobseek’s Allowance is indirectly advocating for a Welfare State ie handouts and this is bad for Modern Singapore must not be turned into a Welfare State. I prefer the Government allocates S$1-2Billion via the Banks in Singapore as Clean and Unsecured loans easily available for Singaporeans only ie unemployed graduates and those who have lost their jobs, to apply and use it to kick start their businesses and this inturn will revitalise our economy, besides putting these people back on their own two feet.

As for the GST, this is non issue for me. We can refrain from buying less good and services and if possible, do without them. GST must be there always as our taxes are very low enough.

As for using Past of Reserve, the PAP government is the government of the day and hold them fully responsible especailly its Finance Minister and should this fail to stimulate our economy and put it back on its own two feet, then come the next General Election, we then use our votes and vote in good opposition candidates like Sylvia Lim and her gang (credible enough and they have my support).

Regards
Andrew Chuah

Now It going to be really long long term for

ML now BoA Usd5.9 Billion down over 78%,
ABC over Aus 400 Million plus exchange loss over 25%,
Barclay Euro3.5 Billion + Gbp4.5 Billion down over 66% plus exchange loss over 35% on Gbp

Now its anyones guess, also why is it Singapore is not able to have welfare if people lost their jobs ? It has nothing to do with crutch mentality or whatever its plain and simple that if the govt is not able to provide enough jobs with a minimum wage that we will have this life long problem of the economy is doing well but there is a HUGE income gap between the people

GINI index ?? Why has these not been addressed, why does retraining help when you have to spend money ? Can retraining be FREE for Singapore who lost their jobs ? Is this not possible ?? I am sure this will give the GOVT the real stats that it had been looking for :)

Cheers

Of course it is based on trust, to be more specifically, BLIND TRUST.

I believe any other govt in the world would have vetoed such an appointment straight away. But here in Singapore, our elites treat foreigners like the nation’s saviours and gods.

Ask them about the reserves, they will not know or bother
Tell them their CPF money is gone and see if reality hits home.

I may or may not be wrong. But this is my personal opinion.

Litmus test: walk in the public, ask a stranger about reserves. See how he comment or won’t comment . He may say you siao ah! This is what I mean by a young nation whose residents may be lacking experience in certain thingies. juz guess guess only. what is more important is you people ask yourselves what is the real problem.

Singapore govt is the world’s most ‘kum gong’ govt to believe foreigners than locals.

And I also hop Silvia Lim can become Dy PM so that we have more women in top positions in the govt.

How much can a CEO cum Executive Director of Temasek make in seven years, hah? Enough for retirement or not? How many $millions a year hah? More than PM’s salary and bonuses or not? Anyone can tell me?

So we are safe, so says the father in law.

God save us.

Nicely delivered speech Sylvia ! Keep it up !

Well Sylvia, Ho Ching is leaving Temasek, so I venture a guess that
there must be some left in our current reserves…..
…….afterall Ho Ching can’t deplete everything in 5 years…..right ?