- Joined
- Jul 24, 2008
- Messages
- 33,627
- Points
- 0
<TABLE id=msgUN cellSpacing=3 cellPadding=0 width="100%" border=0><TBODY><TR><TD id=msgUNsubj vAlign=top>
Coffeeshop Chit Chat - PAP lost equivalent of $20 trillion</TD><TD id=msgunetc noWrap align=right>
Subscribe </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE cellSpacing=0 cellPadding=0 border=0><TBODY><TR class=msghead><TD class=msgF noWrap align=right width="1%">From: </TD><TD class=msgFname noWrap width="68%">Bright90 <NOBR></NOBR> </TD><TD class=msgDate noWrap align=right width="30%">3:42 pm </TD></TR><TR class=msghead><TD class=msgT noWrap align=right width="1%" height=20>To: </TD><TD class=msgTname noWrap width="68%">ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 8) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft width="1%" rowSpan=4> </TD><TD class=wintiny noWrap align=right>7383.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>KISHORE MAHBUBANI-the brilliant lawyer who knows next to zero about dollars and cents,apart fr the millions he collects from PAP year in then year out,is talking cock again.
He claims that he knows USA well,yes he did stay there for some years,that is all I can say of him.
Now,he complaint that USA government is useless,and that PAP is genius.
Well,if he understands the magbnitude of Temasek/GIC loss,and do a serious soul searching,he is truly a mad man if he can come to such conclusion.
Temasek has confirmed that it lost S$58 billion,uptill Nov 2008,GIC loast 41% of its value,according to Minister Lim,that is $185 billions according to Dr Tony Tan that his portfolio value was $450 billion.
So total loss of $243 billions,or $66k per each residents(3.7 millions citizebms + P.R.s)
If we translate it into the USA equivalent of 304 million people,,that would be $20 trillion loss by the USA government.
I cant even imagine the dire consequences of such occurence if the USA stupid government should commit such mistake,but I knows for sure that the stupid USA government would not and could not commit such non-sense.
So,why is the beri clever PAP government committed it and kept very quiet about this whole thing in 154th?
Running dog KISHORE MAHBUBANI obviously does not have such horizon for thinking.
</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
He claims that he knows USA well,yes he did stay there for some years,that is all I can say of him.
Now,he complaint that USA government is useless,and that PAP is genius.
Well,if he understands the magbnitude of Temasek/GIC loss,and do a serious soul searching,he is truly a mad man if he can come to such conclusion.
Temasek has confirmed that it lost S$58 billion,uptill Nov 2008,GIC loast 41% of its value,according to Minister Lim,that is $185 billions according to Dr Tony Tan that his portfolio value was $450 billion.
So total loss of $243 billions,or $66k per each residents(3.7 millions citizebms + P.R.s)
If we translate it into the USA equivalent of 304 million people,,that would be $20 trillion loss by the USA government.
I cant even imagine the dire consequences of such occurence if the USA stupid government should commit such mistake,but I knows for sure that the stupid USA government would not and could not commit such non-sense.
So,why is the beri clever PAP government committed it and kept very quiet about this whole thing in 154th?
Running dog KISHORE MAHBUBANI obviously does not have such horizon for thinking.
</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
