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12/31/2012

Sobering realities


There is no free lunch and nothing comes free. The extremely high cost of govt, and the extremely high cost to keep the yodas’ salary in the millions when they don’t need them, when they have abundance of them, but not time, is the biggest flaw in the distribution of wealth in this Sin City. And where is the money coming from for all the big paychecks, for good work, bad work and for doing sweet nothing?

The sobering realities that Sinkies have not come to terms with, are not thinking or did not want to think about, is the high cost to maintain this govt and the coterie of elite in high places and collecting humongous paychecks. If the super talented elite could generate and create incomes for their paychecks and their gregarious appetite for millions, it would be another issue that is less worrisome. The problem is when they are not creating the revenue and income to pay themselves, then the money must come from the people in all kinds of ways and schemes.

Paying the yodas and elite at the kind of salary and perks and whatever, is like throwing money into a black hole, and the demand is for more and more. And the poor and average Sinkies, many still did not know, will be the ultimate paymasters to make the rich richer and themselves poorer.

The Sinkies must wish that the two sovereign funds make more profits. The constant and regular reports of the SWFs losing hundreds of millions or billions at every sour deal must not be greeted with joy and celebration. The losses will need to be patched up, and where is the most convenient source of income to do that? Sinkies must pray and pray that the SWFs are doing well and could generate enough profits for the yodas and elite. In that way, the poor Sinkies could be spared from coughing out more and not deplete whatever little savings they have squirreled away in the CPF.
This is the sobering truth. The poor Sinkies are subsidising and paying for the well being of the rich elite. Sinkies must not wish any local GLCs to make big profits as the source of revenue is likely from them. When the big landlords and public services or privatised public services are trumpeting their huge profits, they are profits made from the Sinkies, unless the profits are from overseas investments.

Be aware of this sobering truth. It is the hard truth Sinkies are paying for.

21 comments:

Anonymous said...

The KEY question is;
---------------------
Where is the money going to come from?

From the same place as the money to pay for the Millionaire Ministers' salaries.
Money comes from the hard work and bank accounts of all Singaporeans.

You vote PAP.
And the money is spent on Ministers' salaries;
GIC and Temasek losses (I mean investments);
and our defence budget.

You vote Opposition.
And the money is spent on benefiting yourself, your children and your families.

Anonymous said...

Opposition Ministers, if ever elected in, do not need salaries ?

If need salaries, how much less salary would they require ? The totality of savings from reduced salaries, if they ever agree, amount to how much?

oldhorse42 said...

Sobering truth? Hard truth? I do not know what to believe any more. Give me drunken stupor any time! Is it the reason that I see so many young men and women drowning their sorrows or worries in the pubs? Because they cannot handle or face the truth?
When I read about the political party that is ruling this little red dot forming $2 company to rip off the people in housing estates run by them I think we are living in a very sick society. The pay of our leaders are benchmarked on the top earners so their policies and governance are geared to make the rich richer and by extension themselves,too.It must be the very sick that keep on voting the greedy leaders in election after election.

Anonymous said...

Dear Sinkies
Please wake up. There is a movement to implement nuclear energy in Singapore.

Here is the latest update on the spread of nuclear contamination from Fukushima in Japan.

"Tokyo almost as irradiated as Fukushima"

http://www.ritholtz.com/blog/2012/12/tokyo-almost-as-irradiated-as-fukushima/?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+TheBigPicture+%28The+Big+Picture%29

Fukushima Radiation: Japan Irradiates the West Coast of North America

http://www.washingtonsblog.com/2012/09/fukushima-radiation-japan-irradiates-the-west-coast-of-north-america.html

patriot said...

Please let me says it before matilah Singapura.
Sinkies deserve to be exploited, manipulated and con by tge Rulers they have chosen.

Like Chin Leng says, Sinkies dont like to think nor do they care, if me may add. If there is anything Sinkies like and love to do, it is to get the joy of being sadistly treated. They love to work till they drop, they like to go job fairs, they are elated each time they get some sweets and crumbs from their master.

Sinkies are sadists themselves, they like prices of properties, cars and everything to go up and up. You see, whence Sinkies own something the others do not have, they feel damn 'atas'(impeccable and over the top).
They want to be worshipped and admired for achievement and superiority. Those at the top in Sin are glaringly vain.

Tomorrow will be 2013. May it starts with a new beginning, not neccessarily with sonething better. So long more dirt and shit are removed and get removed, we would indeed be lucky to live cleaner and healthier.

Wish One and All better years ahead.

patriot

Anonymous said...

Vote in opposition and it will be the same rot, if not worse rot and widespread rot.

$1 company ripping off stupid naive people who voted for them who thinks they are saviours.

It will be rot on a national scale.

It will be fun to watch though. Good enetertainment for retirees with nothing to lose.

patriot said...

Please let me says it before matilah Singapura.
Sinkies deserve to be exploited, manipulated and con by tge Rulers they have chosen.

Like Chin Leng says, Sinkies dont like to think nor do they care, if me may add. If there is anything Sinkies like and love to do, it is to get the joy of being sadistly treated. They love to work till they drop, they like to go job fairs, they are elated each time they get some sweets and crumbs from their master.

Sinkies are sadists themselves, they like prices of properties, cars and everything to go up and up. You see, whence Sinkies own something the others do not have, they feel damn 'atas'(impeccable and over the top).
They want to be worshipped and admired for achievement and superiority. Those at the top in Sin are glaringly vain.

Tomorrow will be 2013. May it starts with a new beginning, not neccessarily with sonething better. So long more dirt and shit are removed and get removed, we would indeed be lucky to live cleaner and healthier.

Wish One and All better years ahead.

patriot

Anonymous said...

/// Opposition Ministers, if ever elected in, do not need salaries ? ///

Let's pay the Opposition Ministers as much or even more than PAP Ministers.
The cost savings will come from reducing;
a.Reducing our defence budget

b.Closing down Temasek and GIC.
Invest our reserves in Berkshire Hathaway shares.
As shareholders, we get Warren Buffet as our investment manager.

Anonymous said...

If want to reduce defence and close down Temasek, vote in any monkey or animal will do. It is a no brainer.

No need pay opposition so much, $1 will do. Or even free lor.

agongkia said...

Who dun know Sinkie are the ultimate paymasters to make the rich richer and themselves poorer?
Blame ourselves for being born as a sinkie.
Just got another parking fine even I have displayed it.Either I am victimise or they have a quota to meet.
KNN.If I spent my 1 hour and another coupon to appeal,they will sure still say I display the coupon after I got summon.LL got to pay again.How many time must I be Wan Ong?
I decided to stop whinning and blame myselves being born here instead.@#*..

Anonymous said...

Sinkies got summon by Sinkies
and
Sinkies got bully by Sinkies are
happening daily.

You are right, blame yourself for
being a Sinkie.

Why not live in JB?

Anonymous said...

/// If want to reduce defence and close down Temasek, vote in any monkey or animal will do. It is a no brainer. ///

If we benchmark current pay of $1 million dollars/year for a PAP quality type Minister;
Then the fair & equivalent pay for a monkey or any animal is $3 million dollars/year.

TEO - What do you think?

Anonymous said...

agongkia.
You should blame yourself for voting PAP.

Anonymous said...

The KEY QUESTION is;
----------------------
Who authorized the sale of assets belonging to Singaporeans to a $2 company?
Can sell Singapore assets without telling Uncle Tony Tan meh?

What were the merits of selling the software in the first place?
What additional merits and value does a $2 company bring to the operations of town councils?

patriot said...

What is selling public assets to local political party or politicians?

Chicken, compare to selling vital power generation to aliens.

At least selling Singapore Public Assets to Singaporeans and or Organizations do not compromise the safety and security of the people.

Anonymous said...

Chicken who calls himself Duck and a Duck who calls himself Chicken.

Chicken eat Duck, Duck eat Chicken.

All sama sama.

Just wear different costume only.

Anonymous said...

The Malaysian are laughing at us for selling our strategic assets to foreigners. They would not even want to sell sand to us, and curbing on the sale of water, preferring the water to flow into the sea.

Anonymous said...

Whether PAP or WP there will always be somebody laughing at us.

Matilah_Singapura said...

Since patriot took some of the words out of my mouth, I'll only mention my other homily:

The people get the government and the cuntree they deserve.

Singapore needs a big, expensive, arrogant and kapor government run by uncompassionate elitists because the government comprises TYPICAL SINGAPOREANS complete with the traits of one upmanship, arrogance, kapor-ness, neurotic control freak, sociopathic lack of compassion, etc.

The only difference : Singapore government takes ACTION. Singaporeans OTOH just sit on their comfortable arses and COMPLAIN.

What do they complain about? The government.

Who do they complain to? The government.

Notice the institutionalised INSANITY here.

Got tekan people today?

Matilah_Singapura said...
This comment has been removed by the author.
jjgg said...

Biggest sobering reality...give yourself a 400% pay increase..do a tin pei ling n hang on to a coattail..happy new year bros...