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Archive for the ‘Society’ Category
MG Chan’s Words Not Only Insulted The Intelligence of Singaporeans But Were Deeply Worrying

MG Chan’s Words Not Only Insulted The Intelligence of Singaporeans But Were Deeply Worrying

Yesterday I wrote about how Chan Chun Sing had patronised Singaporeans by giving them the benefit of his Cambridge Economics education by explaining that if you spent a dollar from the reserves today then the next generation would not have a dollar plus whatever returns that dollar had earned available for spending (Shock! BG... 

Reform of Public Finance direction

Reform of Public Finance direction

I would disagree with the Finance Minister that we should finance infrastructure spending with issuing Government bonds. There is no reason for a country to raise funds through bonds when it has excess money stuffed into the reserves via land sales revenue. Land sales is based on selling land with 99 years lease. Can putting... 

Ex-NTUC Chief debunks GST propaganda by PAP supporter

Ex-NTUC Chief debunks GST propaganda by PAP supporter

The supporter of GST has put up three reasons why they think that GST is "good" for the country. Let me debunk these reasons: a) GST is on spending. If you don't spend, you do not need to pay GST. Do people need to spend on food? Medicine? Doctor's fees? Drink water? They have to pay GST on all of these spending. Can they stop... 



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