Trillion unaccounted for in Singapore reserves

[brocoli]

I get the feeling KJ is putting a nail to his coffin by having such an "intellectual" discussion with this balding guy.
If i were him i would not pretend to know what i don't.

KJ and balding are both fools.... with no ideas of how Singapore works, simply barking up the wrong three..

http://app.mof.gov.sg/data/cmsresource/Parliament/2ndReading_ConstitutionAmendment_2008.pdf

I dun need to be an economist or prof to find this...

Constitution Amendment Bill before the House seeks to revise the framework by which the Government is allowed to draw from investment returns on our reserves for spending each year.

MOF is just saving them from embarrasment by not replying.

do you guys think that sylvia and LTK not know if something is wrong and need 2 foreigners who dunno shit to point out something is wrong ?

there were there in parliament and where was KJ... ? wanking his tamil dick thinking bout his family name in London...

I really feel so sad for his father that he has such a retard son

look at another of KJ famous rant.... he miss the Hong Linm even and he start dismissing it as a book event...

and then he blame others for not informin him

 

[MightyMouse]

remove duplicate

 

[MightyMouse]

Remove duplicate

 

[MightyMouse]

duplicate ...

 

[neddy]

me don't ask for much, me only want my CPF monies back when me retire

The question is how much is your CPF worth, if you can finally take out.

 

[brocoli]

duplicate ...

read the act itself, not the speech.... dumbo

 

[MightyMouse]

read the act itself, not the speech.... dumbo

And what has the act got to do with the discrepancy between the reported figures from the government? And if the speech is not relevant, why the heck did you quote it in the first place?

 

[brocoli]

And what has the act got to do with the discrepancy between the reported figures from the government? And if the speech is not relevant, why the heck did you quote it in the first place?

the act talk about what can be used and what cant be used

 

[Kinana]

"Using Singaporean provided numbers on budget surpluses, borrowing, and returns: Singapore, Inc. should have more than $2.1 trillion SGD in the bank right now. TRILLION. RIGHT NOW!! It currently reports only about $700 billion SGD." - Prof Christopher Balding

http://christopherbalding.com/2012/...st-when-you-thought-it-couldnt-get-any-worse/

Do we have an accounting issue here or is it something more menacing?

Your bloody link don't work bro. What are you talking about?

 

[MightyMouse]

the act talk about what can be used and what cant be used

So? What has that got to do with the discrepancies in the numbers reported by the government and the 1+ trillion unaccounted for?

 

[saratogas]

Wow $2.1 trillion! Gahment always say $$$ never enough... What is the gate keeper doing with watching over our Nation's reserves...

 

[zeebjii]

Your bloody link don't work bro. What are you talking about?

alternative link.

http://cc.bingj.com/cache.aspx?q=Ch...1&mkt=en-SG&setlang=en-SG&w=c375b8d7,27f444f1