Tuesday, November 11, 2008

Integrated Resort Disintegrated?

I was reading BothSidesOfTheJohorStraits on "retrenching ministers" and I can't help commenting.

Here goes:

Love what you wrote!

I'm with you!

In this austerity drive, Mayor Teo Ho Ping who invested peasants money in Lieman's MiniBonds/HighNotes through Town Council's Conservancy Fees with "EYES OPENED" should be retrenched too. Same goes with other MPs in Town Councils who bought such toxic financial products!

Oh, the 'add insult to injury of YOU WALK IN WITH YOUR EYES OPENED' comment will create unhappiness and draw much curses from investors and non-investors alike for the lack of sensitivity for the pain and suffering of those who lost! Well, being in Ivory Tower for more than 40 years does take its toll on humility and the humanness of being.

With smiling fat cats taking care of their own, starving peasants can only suck thumbs and watch the self-glorifying and "pass the buck" leadership continues with the wayang and nonchalance with the losses! What type of heck-care attitude is this?

Whatever right that's wronged, WKS is not to be blamed for Mas Selamat Jalan (walk) and all victims of the Lehman Bros collapse in S'pore are blind except those in PAP who did it with sinking funds of Town Councils! What a s(t)inking feeling!

It's not what you did. It's who you are and your affiliation to PAPOWER that decides whether you are blind or have 20/20 vision in investing and other decision making.

Anyone wonders if Singapore Pools will combine with CapitaLand to take over bleeding Sand's Gambling Den (or is it DisIntegrated Resort?) at Marina?

I do.

Btw, the chase is on to attract more $$$ to CPF to support Temasek and GIC. GCT tried to sell again when he said putting money in CPF is much safer than MiniBonds. True except that you don't know when you can withdraw money from CPF. It was 55 then but now it's God knows when! The goalposts keeps moving in the shifting CPF Sand. Then again we cannot blame him for trying with the latest collapse of ABC Learning Centre in Australia with last years' Temasek's investment of A$400 million disappearing with it!

Well, somebody has got to feed the bleeding Temasek and GIC? With Sand sinking, peoples' money will be helpful in building gambling dens of 1,000 gambling tables, up from 600! We sure are Bersatu Padu Begerak Maju (Staying Together Moving Ahead). Aren't we?

Town Council's Sinking Fund in Lehman's, Suzhou, Thaksin's ShinCorp Manchester City Football Club, Temasek's ABC Learning, billions in UBS & Merrill Lynch and what-have-you . . . you, me and SingaSuckers have to pay for it!

No free Lunch?

There is for FAT CATS!



At November 13, 2008 at 11:07 AM , Blogger family man said...

Yes, our investment by Temasek Holding in Australia Childcare centre has also disintegrated!

Our CPF monies is looking more and more like a Minibond structured deposit. We do not know where the money goes to and how much is lost, and we have no choice in taking the money out of that 'investment'.

And considering our town councils went into Minibonds 'with their eyes open' I wonder what other mini-bombs lie ahead.

Meanwhile our govt continues with the high price policies, refuses to reduces electricity tarrifs so as to prevent prices going down, leading to deflationary effect - something they dread. Why? cos a lower prices / lower cost of living will lead to GDP - the lifeline to all MINISTERS PERFORMANCE BONUS.

Look at Malaysia, trying to lower cost of living for Malaysians

Singaporeans? Keep the price up, but give SAVE U vouchers


At November 13, 2008 at 11:16 AM , Anonymous Anonymous said...

talk about passing the buck -

MAS has appointed Deliotte and Touche to look into miselling of minibonds - wah - these kind of things also can wash their hands and 'subcontract' out one ah....

About time we subcontract our ministers to other consulting firms and stop paying top dollars to ministers (so they can subcontract touchy issues and not face them - crying shame)

At November 13, 2008 at 12:34 PM , Anonymous Anonymous said...

Just like the privatisation exercise, the point is to avoid touchy issues, but keep the million dollar salaries. Hence the privatisation of hospitals, transport, utilities, coupled with the outsourcing of security. Any slip-ups and the blame never goes back to them. Ingenious!

At November 13, 2008 at 1:52 PM , Anonymous museum watchman said...

disintegrated resort can be converted into a mausoleum for the
oldfart. pyramids for the ancient pharoahs are acknowledged as one of the seventh wonders of the world.
Lee Con You mausoleum can be the eight wonder.
Lee Jr can join him later or even together is fine by me.

At November 13, 2008 at 1:59 PM , Anonymous Anonymous said...

MM says you want high interest compared to Fixed deposit, you go i with your eyes open.

So all those who are not contributing to CPF better think twice. You want the 4% in ord account, you better think twice. go in with your eyes open.
ABC learning Centre
Merrill Lynch
UBS bank.

CPF also like minibonds - once put in - wait long long.

Maybe no money back,

At November 13, 2008 at 4:38 PM , Anonymous tewniaseng said...

better retrench a few ministers to save cost. one minister can work a few portfolios just like MPs can cover their collegue in GRC if the other MP dies.But it won't work because our ministers work for money only not serve the people whole heartedly.

At November 14, 2008 at 9:38 AM , Anonymous Anonymous said...

DBS bank retrenched their directors in today's strait times.

Yes, it is time to retrench some multi million ministers too.

SM Goh, MM Lee, Lim Boon Heng and Lim Swee say.

I hope PAP govt will help Singapore save money in view of the recession.

At November 14, 2008 at 4:13 PM , Anonymous Anonymous said...

Anon 5.38pm

You mean ask the son to retrench the father and the holy ghost? Oh no, the son needs the two old men to hold his hand. The old man will say 'over my dead body'. That's about it.

At December 10, 2009 at 2:09 PM , Anonymous Anonymous said...

Good day !.
You may , probably very interested to know how one can make real money .
There is no need to invest much at first. You may begin earning with as small sum of money as 20-100 dollars.

AimTrust is what you thought of all the time
The company incorporates an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.

Its head office is in Panama with affiliates everywhere: In USA, Canada, Cyprus.
Do you want to become an affluent person?
That`s your choice That`s what you desire!

I feel good, I began to get income with the help of this company,
and I invite you to do the same. It`s all about how to choose a proper partner utilizes your money in a right way - that`s AimTrust!.
I earn US$2,000 per day, and my first deposit was 1 grand only!
It`s easy to start , just click this link http://udoveroc.lookseekpages.com/ofegogu.html
and go! Let`s take our chance together to feel the smell of real money

At December 15, 2009 at 1:15 AM , Anonymous Anonymous said...

Hi !.
You re, I guess , probably curious to know how one can collect a huge starting capital .
There is no need to invest much at first. You may commense earning with as small sum of money as 20-100 dollars.

AimTrust is what you haven`t ever dreamt of such a chance to become rich
The company incorporates an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.

It is based in Panama with structures everywhere: In USA, Canada, Cyprus.
Do you want to become a happy investor?
That`s your choice That`s what you desire!

I`m happy and lucky, I started to get real money with the help of this company,
and I invite you to do the same. It`s all about how to select a proper partner utilizes your funds in a right way - that`s it!.
I earn US$2,000 per day, and my first deposit was 1 grand only!
It`s easy to get involved , just click this link http://gokazytos.freehostyou.com/ukyfake.html
and go! Let`s take this option together to feel the smell of real money

At November 1, 2014 at 9:12 AM , Blogger oakleyses said...

chanel handbags, gucci handbags, tiffany jewelry, jordan shoes, polo ralph lauren, christian louboutin shoes, christian louboutin outlet, oakley sunglasses, kate spade handbags, oakley vault, prada outlet, nike free, louis vuitton outlet, coach purses, coach outlet, kate spade outlet online, louboutin shoes, coach outlet, polo ralph lauren outlet, coach outlet store online, nike shoes, michael kors outlet, louis vuitton, longchamp handbags, michael kors outlet online, michael kors outlet store, longchamp outlet, michael kors outlet online, louis vuitton outlet online, tiffany and co jewelry, burberry outlet online, nike air max, prada handbags, louis vuitton handbags, michael kors outlet online, longchamp outlet online, cheap oakley sunglasses, ray ban sunglasses, michael kors outlet online, tory burch outlet, burberry outlet online, red bottom shoes, nike air max, louis vuitton outlet, ray ban outlet

At November 1, 2014 at 9:17 AM , Blogger oakleyses said...

nike roshe run, nike air max, sac michael kors, nike free pas cher, true religion outlet, nike air force, burberry pas cher, michael kors canada, coach purses, air max pas cher, nike free, ray ban uk, sac vanessa bruno, sac louis vuitton, timberland, longchamp pas cher, guess pas cher, scarpe hogan, louis vuitton pas cher, true religion, vans pas cher, hollister, nike blazer pas cher, louis vuitton, ralph lauren, converse pas cher, ralph lauren pas cher, oakley pas cher, true religion outlet, chaussure louboutin, mulberry, tn pas cher, hermes pas cher, ray ban pas cher, lululemon, north face, louis vuitton uk, michael kors uk, air max, hollister, new balance pas cher, lacoste pas cher, longchamp, nike air max, north face pas cher, air jordan

At November 1, 2014 at 9:19 AM , Blogger oakleyses said...

asics shoes, p90x workout, insanity workout, ferragamo shoes, jimmy choo shoes, uggs on sale, beats headphones, mac cosmetics, reebok shoes, ghd, barbour, vans outlet, abercrombie and fitch, mcm handbags, marc jacobs outlet, longchamp, nfl jerseys, wedding dresses, babyliss pro, new balance outlet, rolex watches, north face jackets, instyler ionic styler, soccer shoes, bottega veneta, chi flat iron, abercrombie and fitch, giuseppe zanotti, ugg outlet, birkin bag, mont blanc pens, hollister, soccer jerseys, uggs outlet, ugg, nike trainers, lululemon outlet, nike huarache, herve leger, ugg soldes, valentino shoes, celine handbags, nike roshe, roshe run, north face outlet

At November 1, 2014 at 9:21 AM , Blogger oakleyses said...

timberland shoes, lancel, moncler, air max, hollister canada, moncler, oakley, converse, ugg boots, canada goose, ray ban, canada goose, vans, canada goose uk, baseball bats, juicy couture outlet, moncler, hollister, moncler, converse shoes, toms outlet, uggs canada, moncler, hollister clothing, canada goose outlet, moncler outlet, ugg, supra shoes, montre femme, gucci, replica watches, canada goose outlet, nike air max, karen millen, canada goose, canada goose pas cher, canada goose outlet, iphone 6 case, coach outlet, juicy couture outlet, louis vuitton canada, ralph lauren, wedding dress, moncler, parajumpers outlet, louboutin

At April 21, 2016 at 12:36 PM , Blogger Cran Jane said...

North Face Outlet Skechers Shoes Marc Jacobs Outlet
Chan Luu Sale Toms Outlet Oakley Sunglasses Toms Shoes Sale Beats By Dr Dre Coach Outlet Christian Louboutin Shoes Oakley Sunglasses Valentino Shoes Burberry Outlet
Oakley Eyeglasses Michael Kors Outlet Coach Factory Outlet Coach Outlet Online Coach Purses Kate Spade Outlet Toms Shoes North Face Outlet Coach Outlet Gucci Belt North Face Jackets Oakley Sunglasses Toms OutletNorth Face Outlet Nike Outlet Nike Hoodies Tory Burch Flats Marc Jacobs Handbags Jimmy Choo Shoes Jimmy Choos
Burberry Belt Tory Burch Boots Louis Vuitton Belt Ferragamo Belt Marc Jacobs Handbags Lululemon Outlet Christian Louboutin Shoes True Religion Outlet Tommy Hilfiger Outlet

At August 28, 2016 at 6:47 PM , Blogger Eric Yao said...

Skechers Go Walk Adidas Yeezy Boost Adidas Yeezy Adidas NMD Coach Outlet North Face Outlet Ralph Lauren Outlet Puma Sneakers Polo Outlet
Under Armour Outlet Under Armour Hoodies Herve Leger MCM Belt Nike Air Max Louboutin Heels Jordan Retro 11 Converse Outlet Nike Roshe Run UGGS Outlet North Face Outlet
Adidas Originals Ray Ban Lebron James Shoes Sac Longchamp Air Max Pas Cher Chaussures Louboutin Keds Shoes Asics Shoes Coach Outlet Salomon Shoes True Religion Outlet
New Balance Outlet Skechers Outlet Nike Outlet Adidas Outlet Red Bottom Shoes New Jordans Air Max 90 Coach Factory Outlet North Face Jackets North Face Outlet

At September 13, 2016 at 9:16 AM , Blogger Hua Cai said...

cheap jordans
nike outlet store online
canada goose outlet
hollister shirts
lululemon outlet
uggs on sale
michael kors outlet online
uggs on sale
lebron james shoes
mulberry handbags sale
air max 90
michael kors handbags on sale
lebron shoes
air max 90
longchamp pas cher
fitflops clearance
nike blazer pas cher
ugg boots
puma outlet
ugg boots
links of london
fitflops sale
burberry outlet
coach outlet
dior outlet
true religion jeans
michael kors uk outlet
cheap nfl jerseys
ferragamo shoes
christian louboutin outlet
ray ban sunglasses sale
ray ban sunglasses sale
oakley sunglasses sale
louis vuitton
coach outlet

At November 9, 2016 at 7:42 PM , Blogger soma taha said...

I like it when people come together and share ideas.

At September 12, 2017 at 5:49 PM , Blogger aaa kitty20101122 said...

cheap jordans
nike huarache
jordan shoes
jordan retro
dior glasses
hermes belts for men
longchamp bags
brady jersey
longchamp bags

At January 25, 2018 at 2:46 PM , Blogger qqqqqq said...

adidas yeezy boost
adidas gazelle
adidas ultra
tory burch shoes
converse outlet store
van cleef
pandora charms
air jordans
christian louboutin shoes


Post a Comment

Subscribe to Post Comments [Atom]

Links to this post:

Create a Link

<< Home