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TR EMERITUS

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Archive for the ‘Policies’ Category

Picha PAP’s lobang

It took more than 15 years for opposition to picha PAP’s lobang myth over “heavy subsidies and loss” over HDB. Even before I joined opposition politics, I already knew it’s a misrepresentation of facts with half truth to insist “HDB loses money” without mentioning how SLA gain money via land...

China will sell USD

President Xi has instructed the state banks to sell the USD. This is to help strengthen the yuan, which has dropped significantly against the USD. There is a longer term implication. When China sells the USD, many speculators will jump into the bandwagon and dump the USD. This may cause the USD to collapse. Remember, American...

Expenditures for SPH Media Trust

I refer to Leong Mun Wai’s recent parliamentary speech about the pap government’s expenditures specifically citing SPH Media Trust’s S$900 million over 5 years and the S$1.5 billion Sports Hub contract termination cost. In total, the 2 unconvincing expenditures added up to S$2.4 billions of our collective taxes. I...

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