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Snake tells Sinkies PAP is whiter than white. No corruption.

Implementing a carbon tax is already reason enough to destroy the PAP regime. It's robbery, plain and simple.
 
Wise Guru of Paradile Isle warn the world


Singapore’s president cites global ‘mistakes’ as inflation worries World Economic Forum​

Tharman Shanmugaratnam, a veteran economist and ex-finance minister, said that inflation would be lower if not for 15 years of mistakes
Singapore’s President Tharman Shanmugaratnam (second from left), International Monetary Fund Managing Director Kristalina Georgieva (third from left), and others take part in a panel discussion at the World Economic Forum annual meeting in Davos, Switzerland, last month. Photo: Xinhua
 
Singapore’s President Tharman Shanmugaratnam told the World Economic Forum in Davos that central banks and fiscal authorities had “made mistakes in the last 15 years”. Photo: EPA-EFE
Singapore’s President Tharman Shanmugaratnam told the World Economic Forum in Davos that central banks and fiscal authorities had “made mistakes in the last 15 years”. Photo: EPA-EFE
Market gauges of future inflation expectations have been rising for some time. The 10-year US break-even rate, the difference between inflation-linked and nominal yields of similar maturities and a proxy for the average rate of price rises over the period, has climbed by nearly 50 basis points since September to around 2.5 per cent. Inflation swaps have also climbed.
 
Worries about consumer prices have still abounded throughout the week. As the forum began, former Swiss central bank chief Philipp Hildebrand – vice chair of BlackRock – worried that inflation could turn out to be “stubbornly sticky” and predicted “not many, if any” US rate reductions. Ken Rogoff, once a chief economist at the IMF, said that the “odds of a hike as good as the odds of a cut”.


People watch US President Donald Trump speak via video link to the World Economic Forum meeting in Davos on January 23. Photo: Xinhua
People watch US President Donald Trump speak via video link to the World Economic Forum meeting in Davos on January 23. Photo: Xinhua
That’s not an outlook Trump is likely to welcome. Speaking by video to the forum on Thursday, he pledged to the biggest tax cut in US history, repeated threats of tariffs, called on Saudi Arabia and Opec to “bring down the cost of oil”, and added that when that happens, “I’ll demand that interest rates drop immediately.”


The Saudi Arabian economy chief, Faisal Alibrahim, didn’t rise to that demand when speaking on the panel. Meanwhile Fink, though perhaps less hawkish than Hildebrand or Rogoff, said the outlook does not promise much in the way of easing from the US Federal Reserve.
 
what happened to the money collected --- $396,000.00
I can tell you it was much more than that. Many of the migrant workers must have returned back between 2014 to 2020.
Oleedy leeturned to the migrant minimum wage workers?
Or spen spen spen gone, gon, gong.
Poor and becum poorer

Fucking bastard got no conscience
The money was supposed to go back to Bangla Desh etc to feed little children
But I am sure PAP Ministars must have contributed and fed the children.


Between 2014 and 2020, Ho collected over S$396,000 in kickbacks from 57 migrant workers in exchange for renewing their work permits. The workers paid amounts ranging from S$1,500 to S$15,500 each.


1738475086667.png



1738474915626.png
 
what happened to the money collected --- $396,000.00
I can tell you it was much more than that. Many of the migrant workers must have returned back between 2014 to 2020.
Oleedy leeturned to the migrant minimum wage workers?
Or spen spen spen gone, gon, gong.
Poor and becum poorer

Fucking bastard got no conscience
The money was supposed to go back to Bangla Desh etc to feed little children
But I am sure PAP Ministars must have contributed and fed the children.


Between 2014 and 2020, Ho collected over S$396,000 in kickbacks from 57 migrant workers in exchange for renewing their work permits. The workers paid amounts ranging from S$1,500 to S$15,500 each.


View attachment 213849


View attachment 213848
Not a bad deal. Who to bribe for sinkies to keep their jobs? :thumbsdown:
 
PAP can do nothing wrong…it is always other people’s fault.
 
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