Friday, January 23, 2009

Dipping Into Reserves Is Resilient?

Correct me if I'm wrong, my understanding of being resilient is the ability to withstand setback, shock, suffering, etc. Resilience Package? I think it would be more appropriate to call it that if they did not touch the Reserves.

Anyway, is this resilience for the favoured or for the exploited? With the cost of living going up and standard of living going down, the poor especially the nouveau-poor (the new poor who lacks the social skills appropriate for this new position) must learn to be resilient to survive. To millionaire mintsters and ratatouille Perm Secs, the only challenge (having the luxury of too much money) is to find new ways to burn $46,000 or more in holidays. The family-enhancing Le Corden Bleu cooking course in France is not the in-thing anymore!

Lest I be called a lesser mortal envious of the ability (not excluding cunning, shameful willingness to carry balls and taking credit for great work done by subordinates) and riches of the elites, I'm just a Singaporean clearing the toxins in my system, expressing thoughts that will never see the light of day in msm.

Is there truth in the Chinese belief that whatever fortune built by the first 2 generations, the third one will blow it all away? With the 3rd generation Prime Minister of Singapore and his A-Team dipping into the reserves, is this the beginning of the slippery truth?

While some are having an orgasm over the superlative 2009 Budget, it's just another grinding day for most, hoping that the next to be retrenched won't be him.

The song and dance by the msm on how fantastic and caring the budget is is of no significance to many of us. If mintsters are paid their weight in gold, they had better provide sterling services.

Being 1st world, how can there be no jobs?
Being 1st world, how can there be no food?
Being 1st world, how can there be no roof over the head?
Being 1st world, how can there be no medical care for the sick and aged?
Being 1st world, how can the poor be exploited?
Being 1st world, how can the elite be favoured?
Being 1st world, how can our womenfolk be maids in other countries?
Being 1st world, how can our aged be chambermaids in local hotel?
Being 1st world, how can there be kangaroos in court?
Being 1st world, how can Geylang be the International Whorehouse of so many nationalities?
Being 1st world, how can there be corruption, despotism and dynasty construction?
Being 1st world, how can the Singapore Pledge of "building a democratic society based on justice and equality" be a such joke?

For as long as Singapore is negatively impacted through globalisation or whatever, and any of its citizen is living below 1st world standard, millionaire politicians must asked themselves: "For not providing 1st world standard of living, just WTF am I paid this much for?"

I may be a little cranky here, but hey, if you pay yourself 6 times more (last I heard) than President Barack Hussein Obama, you had better deliver!

They may have rubbed each other's back, glorified themselves with justification of their worth and paid themselves the unimaginable, but did they realise that if they cannot deliver, their journey on the road to hell begins!

These are, of course, not 1st world standard of living:

Having broke the Guinness Book of World Record and created history by paying themselves the most, fairplay and justice demands that they must perform and produce just as much!

Now that the rat is taking a rest, let's hope we get less bull this coming lunar new year!

I wish you love, peace, good health and joy of living.

Happy Niu Year!



At January 26, 2009 at 12:23 PM , Blogger Daniel Ling said...

Hi, would like to contribute some links.

how can there be no jobs?
(There's enough axeing of jobs in this collection of links)

how can there be no roof over the head?
(These are people who are living on welfare rental. Thus they are homeless in actual fact.)

At January 26, 2009 at 7:17 PM , Anonymous Anonymous said...

keep up the great work raising the awareness of fellow singaporeans in the coming year!

At January 27, 2009 at 10:50 AM , Anonymous Anonymous said...

errr......the ministers all got a pay cut recently no?
No variable or performance bonus but their basic pay still hitting millions....... oh how they suffer....

At January 28, 2009 at 12:25 PM , Anonymous Anonymous said...

Being 1st world, who would want to retire? (yeah if you earned like $3mio p.a.!!!)

At January 28, 2009 at 2:32 PM , Anonymous Anonymous said...

Err, about the minister's pay cut, it's just a matter of giving drumsticks and collecting back a whole chicken when recovery comes around later on. Just bet on it that the next salary adjustment for the ministers will likely be another huge step forward.

At January 28, 2009 at 9:29 PM , Anonymous Anonymous said...

Hi Feed,
I enjoy reading your blog and lots of stuff you wrote actually make sense. But enough of the 46K cooking course holiday already!

Nothing the gahmen do is ever gonna please everyone! I remember the uproar when calls to dip into the reserves were rejected during the Asian financial crisis. Fast forward to 2009, and now the gahmen say yes, let's juz use our reserves to tie us over, because "if this is not rainy days, I dunno what rainy days are", to quote a minister. And yet, there are still people who are skeptical and critical of the gahmen's move. Damn if you do; and damn if you don't! That much I wanna say!

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At March 6, 2019 at 7:13 AM , Blogger ahmed said...


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