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Leader? or Puppet?

R4g3

Alfrescian
Loyal
Yesterday he said there is no need to guarantee any bank saving because the country is strong and doing well, only those country that are having trouble need to give guarantee.

Today they announce that they will guarantee all Singdollar and foreign currency deposits of individual and non-bank customers in licensed banks, finance companies and merchant banks.

As the no.1 man that is in-charge of finance, how come yesterday he say no need, but today he does it?

Does that shows that he has no decision making power? He is only acting on order?

As the Head, he doesnt even know that they are going to give guarantee, so he give a speech the day before trying to convince people there is no need to do so?

A $2m puppet is kinda expensive.
 

myfoot123

Alfrescian (Inf)
Asset
3 points that change pap mind:-

1. Under internet pressure.
2. The world are working together to guarantee their banks and Asean
are now working in the same direction. If Spore choose to stay away from
the trend, it will be seen as uncaring, kiasu, kiasi and likely we are
bankrupt with no money to guarantee our bankers.
3. A surgeon is forever a surgeon, what does he know about Singapore
financial system.


Yesterday he said there is no need to guarantee any bank saving because the country is strong and doing well, only those country that are having trouble need to give guarantee.

Today they announce that they will guarantee all Singdollar and foreign currency deposits of individual and non-bank customers in licensed banks, finance companies and merchant banks.

As the no.1 man that is in-charge of finance, how come yesterday he say no need, but today he does it?

Does that shows that he has no decision making power? He is only acting on order?

As the Head, he doesnt even know that they are going to give guarantee, so he give a speech the day before trying to convince people there is no need to do so?

A $2m puppet is kinda expensive.
 

Kid278

Alfrescian
Loyal
Yesterday he said there is no need to guarantee any bank saving because the country is strong and doing well, only those country that are having trouble need to give guarantee.

Today they announce that they will guarantee all Singdollar and foreign currency deposits of individual and non-bank customers in licensed banks, finance companies and merchant banks.

As the no.1 man that is in-charge of finance, how come yesterday he say no need, but today he does it?

Does that shows that he has no decision making power? He is only acting on order?

As the Head, he doesnt even know that they are going to give guarantee, so he give a speech the day before trying to convince people there is no need to do so?

A $2m puppet is kinda expensive.

These people are popular for pratas, their mind changes like the way they flip those pancakes. You'll never get them to come clean. I guess someone must have told him to look into massive deposits erosions. Arrogance breeds complacency, it happens all the time. Infact one time too many, except this time they cant afford it.:p
 

JinGanKor

Alfrescian
Loyal
3 points that change pap mind:-

1. Under internet pressure.
2. The world are working together to guarantee their banks and Asean
are now working in the same direction. If Spore choose to stay away from
the trend, it will be seen as uncaring, kiasu, kiasi and likely we are
bankrupt with no money to guarantee our bankers.
3. A surgeon is forever a surgeon, what does he know about Singapore
financial system.

That is why i am never grateful to any help from them, because i know very well it is either they have no choice or it is a wayang, definitely nothing to do with sincerity and compassion.
 

tonychat

Alfrescian (InfP)
Generous Asset
Y
As the Head, he doesnt even know that they are going to give guarantee, so he give a speech the day before trying to convince people there is no need to do so?

A $2m puppet is kinda expensive.

SO what can you do to change this?
 

Maximilian Chua-Heng

Alfrescian
Loyal
3 points that change pap mind:-

1. Under internet pressure.
2. The world are working together to guarantee their banks and Asean
are now working in the same direction. If Spore choose to stay away from
the trend, it will be seen as uncaring, kiasu, kiasi and likely we are
bankrupt with no money to guarantee our bankers.
3. A surgeon is forever a surgeon, what does he know about Singapore
financial system.


Is he a surgeon??
 

eQuipment

Alfrescian
Loyal
it just means, the gahmen initially didn't wanna bother about the crisis, pretend that nothing is happening. even when the econ was down trend in late Q2, they say there's no problem. when the problem already arrived in Q3, they also insist that we're not affected. everybody knows that our SGD was weakening against many other currencies, they think we're born yesterday.

we're an island that is at the mercy of external countries, everything is via import, yet they say we're not facing any direct impact (big joke) now, in Q4, when the world econ slump, they also insisted we're not in recession.

they initially sat with both arms crossed pretending nothing is happening, then all of a sudden, they decided to dump S$150b to back the financial sector up. if its not recession, what is?
 

Pica_NA

Alfrescian
Loyal
That dog come out saying no need to guarantee any bank saving because the country is strong and doing well..... After the news is announced, people start to complains, kpkb and negative comments and thought start to come ...... Suddenly, PxP change their mind and say, they will guarantee our bank saving.... People will start to think.. "Oh, our voice is heard by PxP... they are not bad after all... they did pay attention to our unhappiness... " Overnight... PxP managed to win some fool's heart and their votes too.....

it is again... Win-Win Situation !!!! knn... pui... fxxk the PxP Dog !!!!!
 

0939

Alfrescian
Loyal
Behind them, there is a curtain, LKY still has the final say. Just like Empress Dowager
 

Frankiestine

Alfrescian
Loyal
That Ah Neh Tharman better go back to his teh tarik and flipping pratas with that Nathan...he has effectively lost all credibility with this sudden U turn....
 
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eQuipment

Alfrescian
Loyal
prata flipping is what he does best. morning say no need, at night newsflash say they tamba 150b to tahan finances.
 

Ramseth

Alfrescian (Inf)
Asset
SO what can you do to change this?


Go to Thailand, where people sack ministers and prime ministers at their pleasure (or displeasure). And the country still goes on, and life still goes on.

Here in Singapore, they tell you sacking a minister precipitates doomsday storm that washes you down the drains and sewers. And most Singaporeans actually believe that.
 

R4g3

Alfrescian
Loyal
it just means, the gahmen initially didn't wanna bother about the crisis, pretend that nothing is happening. even when the econ was down trend in late Q2, they say there's no problem. when the problem already arrived in Q3, they also insist that we're not affected. everybody knows that our SGD was weakening against many other currencies, they think we're born yesterday.

we're an island that is at the mercy of external countries, everything is via import, yet they say we're not facing any direct impact (big joke) now, in Q4, when the world econ slump, they also insisted we're not in recession.

they initially sat with both arms crossed pretending nothing is happening, then all of a sudden, they decided to dump S$150b to back the financial sector up. if its not recession, what is?

when comes to bad news. the longer they delay, the more time they have to increase they pay and proceed with all the hikes, after they got it, immediately they announce recession.

when they announce golden period, i was already surprise. Isn't trouble coming soon? why golden period?

so whatever they announce doesnt reflect the actual period, it is just the period that benefits them the most.
 
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