Can tell who pays HDB $530 million LOSES a year ?

[Nice-Gook]

The whole thing started when the citizen voted them in. From then on, the housing, CPF, medical, retirement, education, transport, NS , electricity, water and many more system were put in place. All interlinked with one another.

They just need to "squeeze" the system and get the "juice$$$" they want.

<style></style>Ever notice the similarity which runs quite parallel to the current financial black hole.It all boils down to the greed of those in power.The CEOs of the financial institutions driven by the greed to enrich themselves invented all kinds of so called financial instruments which has no origin in productivity.Simply they created wealth from thin air.And by the virtue of doing so they paid themselves millions.Their greed did not stop even after the crash.They lavished themselves with bailout monies too.

Likewise all these creations of 'market subsidy,COE,ERP and etc etc.Where is the productivity?

 

[Gillette]

Its pretty simple really. If HDB make losses of SGD350m a year, then SLA will be making at least that amount more since all HDB land plots are sold from SLA to HDB. Left pocket to right pocket. Of course HDB will always claim to be making losses to appear they have been giving "subsidies". The public should demand HDB open their accounts to find out at what prices the land plots were sold to HDB.

 

[sir cum-a-lot]

That's nothing compared to those who cannot afford to pay their PUB bills.Yet these scums charge us our hands and arms for electricity when oil prices are tumbling downwards.How can this be justified?Besides don't they have a long long contract with Indon for gas supply which is used to turn the generators here !

In some countries water is provided free.The logic.One cannot live without water.Here they buy for 3 cents from Malaysia and charge us $1.50.KNN chow chee bye.

part of the water is recycled from the sewage. $1.50 is inclusive of nutrient value + 7%GST

 

[Cestbon]

Brudder read today shit times lah.Got say in parliament loose that amount every year by Marlboro Tan lah.

Seldom read 154th. Because I don't trust news in 154th/ Shit Times.

 

[VeryWise]

<style></style>Ever notice the similarity which runs quite parallel to the current financial black hole.It all boils down to the greed of those in power.The CEOs of the financial institutions driven by the greed to enrich themselves invented all kinds of so called financial instruments which has no origin in productivity.Simply they created wealth from thin air.And by the virtue of doing so they paid themselves millions.Their greed did not stop even after the crash.They lavished themselves with bailout monies too.

Likewise all these creations of 'market subsidy,COE,ERP and etc etc.Where is the productivity?

Totally agreed. the structural products are built from bubbles and they are bubbles themselves. It is quite amazing how these banks fully utilised the "mulitplier" effect to quickly create billions or even trillions out of "nothing", almost. These floating money has disappeared as quickly as it was created.

Market subsidy for HDB? Perhaps. Making huge loss every year? I choose to be skeptical here.

 

[zhihau]

Yup ,that was the chap who took Chiam for a wild goose chase over HDB accounts.

heheh... not sure if MP Mah would go back to Potong Pasir and challenge Mr Chiam in the next GE...

 

[makapaaa]

WHO BELIEVE MUST BE STUPID.

66%: So u say I stoopid ah? Kok u with my coolie rice bowl then u know!

 

[makapaaa]

Its pretty simple really. If HDB make losses of SGD350m a year, then SLA will be making at least that amount more since all HDB land plots are sold from SLA to HDB. Left pocket to right pocket. Of course HDB will always claim to be making losses to appear they have been giving "subsidies". The public should demand HDB open their accounts to find out at what prices the land plots were sold to HDB.

And land sales are not considered as govt revenue under the Familee's context!

 

[banova888]

First hor.You must believe Mr.Mah.He say HDB lose every year what.

Than who pays HDB loses every year .....

.Who hah.Anybody knows or not?

First Hor!

You must believe believe it costs 300,000 to build a HDB flat.

Then the rest of your problems will be solved automatically because the government will help you.

 

[Nice-Gook]

And land sales are not considered as govt revenue under the Familee's context!

Any idea where than the revenue earned goes?

 

[Nice-Gook]

part of the water is recycled from the sewage. $1.50 is inclusive of nutrient value + 7%GST

Never knew our shit is so nutritional.Any export possibilities ?

 

[ah_phah]

part of the water is recycled from the sewage. $1.50 is inclusive of nutrient value + 7%GST

Never knew our shit is so nutritional.Any export possibilities ?

the benefits of the nutrition as follows:

• drop in 70% IQ
• hormone irregularity - lost of libido
• lost of guts to question autocracy

 

[Nice-Gook]

the benefits of the nutrition as follows:

• drop in 70% IQ
• hormone irregularity - lost of libido
• lost of guts to question autocracy

How enlightening.I so far thought they only added 'dog biscuit' crumps to our shit,ooops...i mean new water...as reward for obedience..