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Of that Goh at Hougang and Shopping

Posted by singaporedaily on August 3rd, 2008


While the Singapore Flyer saw its millionth ticket sales, we at Singapore Daily received our 1 millionth hit.
Thank you readers! ^_^

A week before our nation turns 43, with the next general election due probably in 2 years time, members of the PAP have made vows to woo back Hougang.

There are people I know who have made homes in the non red side of Hougang. They are not dissidents. They are law-abiding citizens like the bulk of us. They don’t care for fresh paint on their flats when the general elections draw close. They don’t care for the sudden appearance of MPs when the general elections draw close. They don’t care for the lift upgrading. What they love is the privilege of being able to cast that all important vote. There is also this pride for living in an opposition ward. Really. They say “I stay in Hougang,” with that smirk across their face.

So what if they don’t have newly painted flats or lift upgrading en-mass? If it really bothers them that much, they would shift out. After all, It’s not like there is a general election every year.

The point I am trying to get across is, PAP has to wise up. They have to recognise that voters are intelligent and attempts at tossing baby carrots are futile. JBJ’s comeback has shown that you can’t keep a good man down. When it’s all uniformly PAP, how can one tell which party is better?

Perhaps all MPs should undergo a stint in The Sims.

We are not alone in worrying. While Singaporeans lament Temasek’s further investment in what appears to be an ailing Merrill Lynch, investors and observers are worried about the increasing foreign ownership in US financial firms. Temasek had managed to keep its investment last December under 10%. It has been said that “a portion of [the investment] is subjected to regulatory approval”, suggesting that Temasek’s recent investment could see its stake surpassing the 10% mark.

We are not the only nation buying into firms of other countries. Citigroup, also an American investment bank has received 7.5 billion from a sovereign-wealth fund in Abu Dhabi. Well of course, not to be outdone, Temasek also invested 6.8 billion in that bank.

Only time will tell if the buying into ML is a well thought-out investment or mindless buying at a sales.

the B.

2 Responses to “Of that Goh at Hougang and Shopping”

  1. Abao Says:

    Congratulations on reaching 1 million hits. Hope SGDaily will continue to prosper and grow. :D

  2. The SS Says:

    Yes, Congratulations ! I wish that more discerning Singaporeans will read alternative sources of news more to get the real (balanced) picture rather then the offical press.
    Make our Votes Count !

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