TR EMERITUS

And why ministers can only talk cock sing song, repeating mantras or clichés about Hard Truths: think about the comments about GST and the reserves. Last Saturday, I read in the FT “By appointing people with like minds but with a wide range of professional backgrounds . . . we can discuss things with an open mind... 

PAP people will say we should increase GST to help the poor or finance the higher healthcare cost or infrastructure investment.... but it s not ok to use land sales proceeds to finance infrastructure spending. ... they prefer to squeeze you to pay for all these but keep the money from land sales to play Monopoly in the Global... 

Retired banker Chris Kuan, who spoke at forums organized by oppositions on Singapore's reserves as well as the estimated long-term return of our reserves, made several postings on his Facebook page recently to rebut some of the budget speeches made by PAP MPs. Not surprisingly, many MPs from the People's Action Party spoke on...