Our deepest condolences to the family of Ms Lo Hoei Yen

“Joke has it that PAP gives you a drumstick but will take back a whole chicken from you. With what’s been happening lately, it’s more like they stole your whole chicken farm [raising the cost of living in every and any way possible while paying themselves million dollars salary] and feed you chicken feet and neck when you complain or beg for sustenance to survive [Mdm Lim's public assistance of $330].”
Feed Me To The Fish

“When asked if town councils might lose more money from their other investments, Dr Teo said that he did not have the details of their investments and declined comment about his town council, Holland-Bukit Panjang”
Today Online

Roundup this week and recommended reads after the break.
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The Quiet Men in White

If the money is yours, you would be prudent. If it is not yours however, one can afford to be callous with it. “it” equates 12 milions. Read the rest of this entry »

“..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.
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“If we just send away the foreign workers now, it will do us harm, because the company already in difficulty and they hire half foreign workers, half Singaporeans and you tell them foreign workers must go out, you take Singaporeans, its cost may go up and the company may close.”
Lee Hsien Loong

“We did not pay this govt so much to give explanations on why they can’t do things better for Singaporeans…”
Lucky Tan

Singapore is not ready for . . . anything its citizens’ beloved elected-into-Parliament-via-walkover leaders claim it is not ready for.”
mollymeek

This week’s recommended reads after the break.
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Thanks Anonymous_X for the link to the Barack Obama cartoons.

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“Please note that the [22% electricity tariff] increase is only affecting HOUSEHOLDS. Businesses do not bare this. Why the discrimination?”
Comment to Reply to SP Services: Don’t shoot the messenger

“I find it funny, in a way, that LKY should be so concerned to create brighter people in Singapore. You see, from our own experience, we have learnt that Singapore doesn’t do all that is necessary to look after the bright citizens it DOES have.”
Valentine Cawley

“No! Emphatically not! Whether in writing news stories or features, properly trained journalists check and double-check their facts, set these in context, work in relevant background information, insist on objectivity and balance, organise their material so their account flows smoothly and logically, and use temperate language unless there is a powerful reason to resort to strong words. Even in offering views, they ensure that the opinions expressed are based on fact..”
Leslie Fong, SPH, when asked if bloggers can be journalists.

“If we protect consumer’s interest, people would want to put their money with us and use our fund managers.”
palmist

Is MAS being short sighted in trying to protect bank profits in the minibond debacle? What is the damage done to our plans of being a financial hub in the long run, when FI interests are put above investors’? If I’m a high net worth individual you can be sure that I will be moving my investments to places that will protect me from mis-selling (does anyone really believe it wasn’t?)…High net worth individuals with legit money anyways!

Recommended reads for the week after the break.
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