Wednesday, December 10, 2008

When dazzle starts to baffle . . .

I pay them good money to maintain the HDB estate I live in. They use my money to maintain mistresses all over the world with their gambling ways.

I asked them to account for the conservancy fees I pay, they tell me I should be grateful for their winning streak!


Please, I just want an efficient Town Council to keep my estate clean with bulbs that light up and lifts that move up and down without urine on the floor. Don't waste my money on fancy huge spot-lighted banners with gigantic ugly photos of MPs wishing me Happy New Year, Selamat Hari Raya Adil Fitri, Selamat Hari Raya Haji, Deepavali, Moon Cake Festival, Bak Chang Dumpling Festival and Merry Christmas!

Please be prudent and not waste my money on Happy Mother, Father and Grandfather's Day banners too! I'm also very sick and tired of your uncaring elite faces staring at me every time I hit a traffic junction or crossroad!

I'm a simple man and my Town Council does not need billions to be as rich as my Prime Minister or my President!

It's been reported by TOC that Dr Ahmad Magad of Pasir Ris-Punggol GRC was caught with his pants down when replying to a resident on the Town Council Investment Fiasco.

If what's written in TOC is true, the PaceMaker should be working overtime and heads should roll. However, with their ability to take care of their own (remember how WKS was protected over the Mas Selamat Jalan Fiasco), a wayang will follow and nothing will come out of this loss! Just another collateral damage to the peasants for the benefit and fun of the elites!

It has been their strength to ignore their political folly & embarrassment and pretend that it never happened and hope that soon it will be forgotten. They are so good at it that we may never hear another word of their "chow kng" aka Fiasco Of Unintentional Flash!

What irks most is that they pay themselves king's ransom but when confronted with accountability and responsibility, they start to "tolak". Ministry of National Development pushed the blame to Town Council. Town Council with its arse-covering practice mentioned that residents form part of the Committee. Finally it shall evolve that the complacency of the residents caused the Town Council to buy toxic structured products. Deja Vu! It's Mas Selamat Jalan again!

Yes, we are asking the questions but it is unbecoming of them to beat around the bush with their own meat. When integrity and credibility comes to play, wayang can only do so much. You cannot continue flogging a dead horse!

To date, all we hear from the PM, SM, and MM is a deafening silence. They may have wised up to the fact that they can no longer dazzle us with their brilliance. Instead of baffling us with bullshit, they may have decided that it's safer to *STFU!

If only they can be human enough to get off the high horses and ivory tower and admit to their arrogant folly and sincerely apologise . . . If only!

Meanwhile, let's be kind to animals!


*for the benefit of the truly innocent & non radicalised, STFU means "Shut The Fcuk Up"


At December 10, 2008 at 9:31 AM , Anonymous Anonymous said...

I agree. It is truly folly that Town council went into structured products 'with their eyes open' and where there is a clause that states 'you could lose all the principal' for a pittance 5% returns.

Bottomline - how could they have done such an investment? Were they misled?
If they were not misled, wasn't it just poor judegement of the MPs and mayors? Buying blue chip shares may result in losses of up to 50%, but not 100%!

At December 10, 2008 at 2:52 PM , Anonymous royal gravedigger said...

MM, SM, PM are playing their last card, "STFU".
Not good enough !
Only the 3 A...holes departing for the grave together will convince me STFU will be permanent.

At December 10, 2008 at 2:58 PM , Blogger Xtrocious said...

Lose 100% of its investment for 5% return...

Might as well as them to go gamble in a casino...

At least they can double up...

This is not only public's money but funds needed for the long-term maintenance of the estates...

Wait a minute - didn't they say the loss is insignificant and would not affect the eventual upgrading/replacement exercises...

Then wouldn't it also mean that there is way too much in these sinking funds in the first place...

Good to see how our dear scholars have painted themselves into a corner...

Like they say - give them enough rope and they will do the rest...neat

At December 10, 2008 at 4:29 PM , Anonymous Anonymous said...

therein lies the problem - I am not sure if Tan Kin Lian is right - the mayor was hood winked by the relationship manager, or was Lee Kuan Yew and Goh Chok Tong right? The mayor was really incompetent, saw the 5 percent returns, missed the 100% possible loss of principal -

What do you think?

At December 10, 2008 at 6:30 PM , Anonymous Anonymous said...

ok, next time or when during election, if they dare to talk about upgrading, ask them to fly kite.Collect so much S&C,want to increase somemore,can't answer to our query,why vote for them ? It is silly isn't it? I might as well vote for oppositions who also can manage town council, and who are more open and transparent in dealing with the sinking fund.You every time vote them,they become big headed, one eg. is Ahmad Magad.

At December 10, 2008 at 8:09 PM , Anonymous sgcynic said...

We pay them millions to take credit (whether it is due or not) and make "wise" cracks, e.g. that's life. To pay them to take responsibility, oops, that is not Singapore's POLICY. Else we are overpaying by millions, aren't we? THAT'S LIFE in sunny Singapore.

At December 11, 2008 at 1:15 AM , Anonymous Anonymous said...

its true that it seems suddenly they realised that whenever they say anything, it turns out worse and the internet is abuzz with rebuts.
so they wisely chose to keep quiet. but they can't keep forever, people will also tulan.

At December 11, 2008 at 9:50 AM , Anonymous Anonymous said...

The worst thing is ... when my parent's flat was scheduled for upgrading ... they need to fork out about 10k for the lifts ... when these funds could have been used to fully subsidise the upgrade.( My parents are 60 plus with no job staying in a 3 room flat. )

After all, ensuring a lift on every floor is not a luxury anymore as the nation ages, the government should show their compassion by providing it free.

Bloody suckers!

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