The Singapore Daily

“..16 million is 0.8 per cent of all their funds available for investment. Thus, all the TCs combined have 2 billion apportioned for investments… [as] the investible portion is 35% of the total sinking fund, TCs have about 5.7 billion! Yes, billion.”
Gabriel Sim

“Even a single voice should be heard. If 1,000 voices are not loud enough, I wonder what will make our [MAS] officials hear?”
Tan Kin Lian

“What saddens me even more is that none – absolutely zero – of our Members of Parliament have seen it necessary or worthy for them to visit Hong Lim Park on any of those five Saturdays to speak to the affected investors in person.”
Andrew Loh

“Would the PAP government dare repeal S17(2) of the [Industrial Relations Act that gives employers the LEGAL RIGHT to terminate an employee] and risk the wrath of employers, including foreign investors? We all know the answer. The PAP has never been sympathetic towards the ordinary worker or layman on the street.”
Solo Bear

“The ruling People’s Action Party will be making and posting their videos on their website. That’s great news. But then someone should tell them to submit all their videos to the Board of Film Censors, as required by the Films Act. Otherwise, the censors are not averse to physically seizing films, as they did with One Nation Under Lee. Or are some parties in Singapore more above the law than others?”
Martyn See

“An oppression so comfortable, you will not notice it.”
Molly Meek

Roundup this week and recommended reads after the break.

Town Councils Lose $12M Public Funds
- My little corner: 8 out of 14 PAP Town Councils have exposure to Lehman Brothers [Recommended]
- TOC: Town councils, anymore skeletons in the closet?
- the(new)mediaslut: SG town councils risk losing SGD12million but its only 0.6%..
- Wayang Party Club: PAP Town Councils have more than S$ 5 billion dollars in their sinking funds!
- Blowin’ In The Wind: Sunk: Reputation for prudence
- Dee Kay Dot As Gee: Lose money not our fault
- TOC: Town Councils investments - a brief summary
- SgForums: Town Councils gamble away money
- Simply Gab: Town Council Revelation - let’s stop throwing good money after bad
- Singapore Kopi Tok: Gambling in the Town Councils?
- the(new)mediaslut: 0.6% maybe small but SGD12million isn’t
- Where Bears Roam Free: MM Lee shoots self in foot
- Everyday’s Life in a Snapshot: why you shouldn’t care when the town councils lost money
- Diary of A Singaporean Mind: Town council lost $12M ??? …Who cares!
- Responding Today, Securing Tomorrow: Idiotic Town Councils!
- Wayangparty Club: Serious questions needs to be asked on how PAP Town Councils manage their funds
- TOC: Letter to TOC - An unhealthy speculative practice
- TOC: Bloggers reaction to town councils’ losses
- The Void Deck: What Others Are Saying: Town Councils’ (Literally) Sinking Funds
- Singapore Life and Times: The Sunk Fund
- Responding Today, Securing Tomorrow: PAP Town Councils should not be blamed
- The Itch To Write: Remember this? SM Goh told residents of Hougang to keep Mr. Low on his toes?
- Mr Wang Says So: PAP Town Councils - What A Fiasco
- TOC: TOC Editorial: Our money, our right to know
- Constantly Changing, Changing Constantly: Sembawang Town Council clear for now….
- The Lycan Times: Daily Discourse - Sink Hole Funds
- vinyarb: Only stupid people invest in Lehman Bonds!
- TOC: It just makes your blood boil
- My sketchbook: 12 million dollars is not mine after all
- Tan Kin Lian: Town councils should take legal action for mis-selling
- This lush garden within: PAP-run town councils lose Singaporeans’ hard earned money
- Sgpolitics: Be thankful to Dr Teo Ho Pin for illustrating the PAP’s hubris and arrogance
- Everyday’s Life in a Snapshot: The benefits of hindsight
- HWZ: Should PAP Town Councils’ accts be audited?

5th Week @ Hong Lim Park
- Sgpolitics.net: Tan Kin Lian asks: Is it fair? Investors answer: NO!
- Tan Kin Lian: Speech at Speakers’ Corner 15 Nov
- Tan Kin Lian: Interview of investors on blogs
- Wayangparty Club: Report from minibond rally on 15 Nov:Tension on the ground as disgruntled investors mulled their options
- Wayangparty Club: A stick-and-carrot approach to break out of the current minibond impasse
- TOC: After five weeks, where are the politicians? [Recommended]
- Singapore Alternatives: Government Must Do What is Right
- Wayang Party: Compilation of videos, photos, reports and analyses of all minibond protests at Hong Lim Park
- Wayangparty Club: Man shouted ‘HE is senile !’ during Tan Kin Lian’s speech
- Hard Hitting in the Lion City: Deafening Silence
- The Gigamole Diaries: The future of regulatory oversight in Singapore
- Carpe Diem: DBS blaming the wrong people
- Wayangparty Club: Phone interview with Mr Chua Sheng Yang
- Tan Kin Lian’s Blog: Reply to Chua Sheng Yang
- Sgpolitics: My reply to Chua Sheng Yang’s letter
- Responding Today, Securing Tomorrow: Perspectives on TKL
- blockhead: Character Assasination! Target 1: TKL
- Wayangparty Club: Why the minibomb fiasco was never politicized by any parties
- Tan Kin Lian: Straits Times deleted these sentences

Recession
- TOC: DBS retrenchment: The unkindest cut of all
- Sgpolitics.net: DBS’ reply to Labour chief’s comments on retrenchment leave much to be desired
- Mr Wang Says So: The UFOs Have Landed!
- Gerald Giam: Socially responsible retrenchments?
- Where Bears Roam Free: Barking NTUC Chief has no bite [Recommended]
- Mindblogging Stuff: Is there such a thing as responsible retrenchment?
- Jeflin’s Investment Blog: Spend Our Way Out of Recession [Thanks Lobang Team]
- My sketchbook: The retrenchment wilderness
- Yawning Bread: Scary ride down the economic roller coaster
- Diary of A Singaporean Mind: Sir how high is your Ivory Tower…
- Singapore Skeptic: Democratic Singapore vs ‘Undemocratic’ Hong Kong
- Yawning bread: Screwed by the impotent
- Sgpolitics: Human rights and your job
- Tan Kin Lian: Relief loans to replace loss of earnings
- My sketchbook: The great chief
- a blog day’s work: Does the labour chief know labour laws?
- Diary of A Singaporean Mind: GM Bailout - Go or no go?
- NO BUNS NO LIFE: General Motors releases VIDEO in Desperate Attempt for Bailout from USA Government
- Recruit Ong: Is Chartered Semicon a “good” firm? Hahaha
- Diary of A Singaporean Mind: $2 COE - Sign of the times….
- Simply Jean: COE crashed!
- Young Pay-And-Pay Blog: OCBC is NOT on the verge of bankruptcy
- Singapore Life and Times: Shifting sands
- Diary of A Singaporean Mind: Tough Times ahead…..Life and debt

GIC, Temasek State Funds Investments
- Blowin’ In The Wind: Why not invest in Singapore?

One Party to Rule Us All
- Sgpolitics.net: It is high time for multi-party democracy to take root in Singapore
- Enjoy the Breeze: Opposition lacked candidates
- The Itch To Write: PM Lee says…
- No “partisan” political films please, we’re Singaporeans: Partisan political films please, we’re the PAP
- Wayang Party: Rebuking PM Lee’s flawed concepts of “two-party” state
- My Singapore News: Is it complacency or stupidity, or simply too clever?
- Chemical Generation Singapore: Change from Inside and Outside
- Yaw Shin Leong: Two-party political model can work in Singapore
- To Fix a Mocking Peasant: PAP: A Party for All Seasons
- Simply Gab: Lock n Load! - PAP Platoon move out!
- Gerald Giam: PAP breaking films law?
- Chia Ti Lik’s Blog: PAPa Dun Kick [the Bucket] yet, I am in trouble you see..
- My Singapore News: Let’s have a referendum
- HWZ: PM Lee says two-party political model cannot work in Singapore
- Majulah Singapura: PM Lee Says Singapore not suitable for a 2-party system
- Responding Today, Securing Tomorrow: Will the ISD check on you?
- Majulah Singapura: PM Lee Says Singapore not suitable for a 2-party system
- Yawning Bread: One party good, two parties bad, says PM Lee. Again.
- nofearSingapore: PAP politics- still stuck in a spoilt repeating groove

Time to Cast Our Vote?
- SilentAssassin¡¯s Archive: Early elections?
- BothSidesOfTheJohorStraits: Carry-over grudges between change-of-govts: The harder you persecute, the tougher the payback
- Responding Today, Securing Tomorrow: Tan Kin Lian in the alternate camp
- Singapore Alternatives: A Petition to Mr. Tan Kin Lian

Do we have Strong Leaders?
- Feed Me To The Fish: Why Political Coarrestpondents So Like Dat?
- Random Thoughts Of A Free Thinker: Sleepy MPs in Parliament?
- groundnotes: Our very own “lipstick on a pig” [Recommended]

Housing
- a blog day’s work: Cash grant for buyers of HDB flats
- Sgpolitics.net: Rejected ST letter: HDB BULLSHIT REPLIES (under $2m Minister Mah Bow Tan)
- Endoh’s Dungeon: Flaws in HDB Flats
- Diary of A Singaporean Mind: 33,000 default on HDB Loan….
- Blowin’ In The Wind: Housing story shows Singapore downgrading

Parliament 17 Nov 08
- Sgpolitics: Parliamentary Snapshots (for 17 Nov 08)
- Sgpolitics.net: Parliamentary Snapshots (for 18 Nov 08)
- Majulah Singapura: Budget deficit (may be) 3 times more (S$2.4b)
- Hard Hitting in the Lion City: Not that bad

Power to Cost the People
- TOC: Electricity – why is the “messenger” earning more than the gencos? [Recommended]
- the boy who knew too much: The right thing to do

Strangers in a Strange Land
- the boy who knew too much: “No resources” for Singaporeans; abundance for PRCs
- This lush garden within: What is the source of Singapore’s “SH*T society”? Singaporeans or foreigners?

Lee vs Chee, Nair
- Wayangparty Club: The right price to pay for the right to protest [Recommended]
- UncleYap: Mr Gopalan Nair is released

Minority as PM
- Gerald Giam: Minority PM issue: Let’s drop this ‘not ready’ nonsense

Poly Student Transport Fare Petition
- Singapore Complain Hub: Endorsement for National Petition for Fairer Transportation Fares

Re Education
- groundnotes: A DIY Education

Hong Lim Park
- Jacob’s Weblog: Videos & photos of Vigil for Peace in Sri Lanka
- Singapore Indian Voice: Report: Peace Vigil for Sri Lanka (Photos updated)

Ragging. The Raggers and the Ragged
- Majulah Singapura: Stomp
- Information read by me: ACJC issue

Burma Aid
- nofearSingapore: Burma continues crackdown while the world looks the other way

Melamine in my Milk
- Food Fads: Phased release of recalled products [Thanks ecko]

Daily Discourse
- Singapore Social Activist: Feedback: Budget 2009 - Tax-cuts not the way to go
- Mathia Lee: How is life valued in court
- Everyday’s Life in a Snapshot: a sad case of law vs life
- Blowin’ In The Wind: Why isn’t PM Lee on YouTube too?
- Aussie Pete: Decline In Gender Equality - Do Singaporean Women Get A Fair Go?
- Choosing my own adventure: Raffles merger - redux
- The boy who knew too much: Rare White Bengal Tigers should be left alone
- NO BUNS NO LIFE: Singapore has a World Bowling Champion in AMF World Cup!!!
- Singapore Sojourn: Send Your Sinuses To Singapore
- Readings From A Political Duo-ble: Did Singapore raise the Gaza humanitarian crisis issue with Israel?
- TOC: The tissue issue
- Simply Inconceivable: Advance Medical Directives
- Blogscapes: Obama’s ‘fireside chats’ take the high (tech) road in cyberspace
- Mr Wang Says So: Not Exactly A Fair Fight
- Singapore Fountain Pen: Rules Are Made To Be Broken, Even In A Fine City Called Singapore
- Blowin’ In The Wind: Meritocracy increasing inequality: Toby Young
- Feed Me To The Fish: It’s no glory taking this government money

Life the Universe and Everything
- Zomb-Out!: Zomb-out ‘08 - Conclusion
- Delvinlee’s Weblog: Singapore Biennale 2008@City Hall
- A L V I N O L O G Y: Impossibility of the Superstring Theory
- quachee’s blog: Gemuk Girls
- vinyard: So, you think you have a nice ass?
- Miniature Disaster: Uniquely Singapore! TV
- SG_Ljers: Help name Marina bridge
- Yesterday.sg: The Seletar Reservoir Dam
- Wayangparty Club: Life story of a newspaper seller, his half-paralyzed wife and 9year old daughter
- Singapore Indian Voice: Time for India to re-think, says Singaporean scholar
- The Extra Scoop: An exchange student in Singapore
- Cooler Insights: The Whats and Hows of Global Brands
- A long and arduous road of an entrepreneur: You Think Your Job Is Tough?
- Aussie Pete: AFP Photos Of The Year - Breathtaking!
- ALVINOLOGY: MRT and LRT now smoking haven for uncles
- For What It’s Worth: happy or unhappy?
- NO BUNS NO LIFE: Bra for MAN’s Moobs. “Mra” Anyone?

Infoblogaramous
- eastcoastlife: Global Entrepreneurship Week 2008
- Cooler Insights: What Do Celebrities, Chefs, Cars & Charities Have in Common?
- TOC: Celebrating 60 years of human rights
- Organisation of Illustrators Council: A blog for illustrators by illustrators in singapore [Thanks Pigeon]