<TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead vAlign=top><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>PAPalBull <NOBR></NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>Apr-4 10:50 pm </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"> </TD><TD class=wintiny noWrap align=right>47158.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>Woody Woodpecker: "The most important lesson I learned is that subsidies RUIN a nation.Tyranny is fine!"
Aide: "Er, sir, breaking news just in, the people have risen up against Gaddafi!"
Woody: "*cough cough*, the most important lesson I took away from Libya is to always be prepared to run road."
Straits Times (10 May 2008) - Gaddafi tells SM: Subsidies can ruin a nation
SM GOH'S VISIT TO LIBYA
Gaddafi tells SM: Subsidies can ruin a nation
Admission from Libya's socialist leader affirms what S'pore leaders already know
By Chua Lee Hoong <------by guess who?
TRIPOLI - FOR Senior Minister Goh Chok Tong, the most important takeaway from his four-day visit to Libya this week had nothing to do with memorandums of understanding or other cooperation agreements.
It was the simple message: A welfare state and subsidies will lead a nation to ruin.
And he heard it from none other than Libya's socialist leader for 38 years, Colonel Muammar Gaddafi.
Speaking to reporters before flying home on Thursday, Mr Goh said: 'For me the most important lesson is the affirmation of what we already know - that a welfare state and subsidies will lead Singapore to ruin.'
.....
'For me, coming to a country with so much oil wealth, saying that heavy subsidies is wrong...that is a very important lesson for us,' said Mr Goh.
He added: 'We must never make the mistake of changing our own policy and going the other way, of giving more subsidies to people.
'Even when we give out cash to people, in terms of growth dividends for example, (we already see people saying) this is not enough.
'At some stage I will have to tell the Prime Minister - please be careful, it's never enough. We must find a formula that will ensure we don't go down that route (of ruining the nation).'
Battle rages on for strategic Libyan town
Rebel fighters on a road outside Brega on April 4, 2011. [Reuters]
Clashes have continued between pro-democracy troops and forces loyal to Muammar Gaddafi, the Libyan leader, at the key oil town of Brega, with the rebels saying they have taken control of a portion of the town.
On Monday, columns of opposition fighters drove up the main coastal highway, regaining ground they had given up the day before, but the effective use of artillery and landmines by Gaddafi's troops kept them at bay.
Uncle Woody oso dunno what
to say now!
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Aide: "Er, sir, breaking news just in, the people have risen up against Gaddafi!"
Woody: "*cough cough*, the most important lesson I took away from Libya is to always be prepared to run road."
SM GOH'S VISIT TO LIBYA
Gaddafi tells SM: Subsidies can ruin a nation
Admission from Libya's socialist leader affirms what S'pore leaders already know
By Chua Lee Hoong <------by guess who?
TRIPOLI - FOR Senior Minister Goh Chok Tong, the most important takeaway from his four-day visit to Libya this week had nothing to do with memorandums of understanding or other cooperation agreements.
It was the simple message: A welfare state and subsidies will lead a nation to ruin.
And he heard it from none other than Libya's socialist leader for 38 years, Colonel Muammar Gaddafi.
Speaking to reporters before flying home on Thursday, Mr Goh said: 'For me the most important lesson is the affirmation of what we already know - that a welfare state and subsidies will lead Singapore to ruin.'
.....
'For me, coming to a country with so much oil wealth, saying that heavy subsidies is wrong...that is a very important lesson for us,' said Mr Goh.
He added: 'We must never make the mistake of changing our own policy and going the other way, of giving more subsidies to people.
'Even when we give out cash to people, in terms of growth dividends for example, (we already see people saying) this is not enough.
'At some stage I will have to tell the Prime Minister - please be careful, it's never enough. We must find a formula that will ensure we don't go down that route (of ruining the nation).'
Battle rages on for strategic Libyan town
Rebel fighters on a road outside Brega on April 4, 2011. [Reuters]
Clashes have continued between pro-democracy troops and forces loyal to Muammar Gaddafi, the Libyan leader, at the key oil town of Brega, with the rebels saying they have taken control of a portion of the town.
On Monday, columns of opposition fighters drove up the main coastal highway, regaining ground they had given up the day before, but the effective use of artillery and landmines by Gaddafi's troops kept them at bay.
Uncle Woody oso dunno what
to say now!
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