Man-in-the-street Paying Back Temasek Losses?

[Watchman]

http://wayangparty.com/?p=10178
http://wayangparty.com/?p=10178

Man-in-the-street Paying Back Temasek Losses?
June 10, 2009 by admin
Filed under Daily Musings

Leave a comment

By Gangasudhan, Guest Columnist

I called my friend when news broke that civil servants will not be receiving their mid-year bonus
and asked him how he was coping. He replied half-jokingly that it was to be expected because the government had to recoup their investment losses somehow. I found that to be an interesting take on things and laughed together with him (me laughing harder of course as he was the one who suffered the real monetary loss).

Shortly thereafter, I learnt about the Medisave Minimum Sum increase which registers the largest jump of $11,000 from the previous year as compared to a relatively modest $4,500 to $6,500 year-on-year increase in each of the preceding 5 years. Was inflation really THAT exceptionally bad in 2008/2009 as compared to 2007/2008?

 

[2lanu]

The public can guess all they want and even if guess it correct, white scums will never admit. The only way is to show them the door this coming election.

 

[Conan the Barbarian]

The man-on-the=street voted for all these to happen.
He wants it, so why bother.

 

[HellAngel]

Hey Sinkies...If the country fall, you go down with it. Is that what you want?!

 

[Watchman]

Fall with honor not with oppression !

Lee going into Malaysia to hire all they can within the next few months even get some minister's hitman back to Singapore !

 

[SotongMee]

When the Biggies make monies they take the meat and give peasants the intestines and rib bones.

When the Biggies lose monies, they take the intestines and give the rib bones.

Peasants! You eat bones, I eat meat.

Peasants ! You die is your business.

http://wayangparty.com/?p=10178
http://wayangparty.com/?p=10178

Man-in-the-street Paying Back Temasek Losses?
June 10, 2009 by admin
Filed under Daily Musings

Leave a comment

By Gangasudhan, Guest Columnist

I called my friend when news broke that civil servants will not be receiving their mid-year bonus
and asked him how he was coping. He replied half-jokingly that it was to be expected because the government had to recoup their investment losses somehow. I found that to be an interesting take on things and laughed together with him (me laughing harder of course as he was the one who suffered the real monetary loss).

Shortly thereafter, I learnt about the Medisave Minimum Sum increase which registers the largest jump of $11,000 from the previous year as compared to a relatively modest $4,500 to $6,500 year-on-year increase in each of the preceding 5 years. Was inflation really THAT exceptionally bad in 2008/2009 as compared to 2007/2008?

 

[diversifyx2]

Hey Sinkies...If the country fall, you go down with it. Is that what you want?!

Yes, thats what i want, can you do the job??