TR EMERITUS

For some time, I have been writing about the financial and accounting inconsistencies in Temasek Holdings, GIC, and the public records of Singapore. Even the International Monetary Fund is confused enough to re-state and then re-re-state the accumulated government surplus of Singapore. To briefly recap the questionable finances... 

We pledge, "To build a democratic society based on justice and equality!' but we repatriated 29 Chinese nationals who came to work as bus drivers in SMRT. Why?  Because they have the ballsiness  to fight for their rights to fair wages and better living condition. We also jailed Bao Feng Shan for 6 weeks for being vocal "threatening... 

Part 2 – Liabilities It is a good idea to begin the discourse with a definition.  In view of Article 2 (see Part 1 - 'A Physicist Looks at the Financial Governance 1'), one may either think of reserves as adjusted assets or assets as adjusted reserves.  The Constitution defines the liabilities. Article 142(4), Constitution...