tag:blogger.com,1999:blog-17473688.post5678822306787080507..comments2024-03-19T11:32:07.178+08:00Comments on My Singapore News: My Money My VoteChua Chin Leng aka redbeanhttp://www.blogger.com/profile/11743716923635835397noreply@blogger.comBlogger24125tag:blogger.com,1999:blog-17473688.post-12149801981256525152010-02-12T15:30:16.102+08:002010-02-12T15:30:16.102+08:00Very true Redbean. No need to pay high salaries fo...Very true Redbean. No need to pay high salaries for thinking up simple solutions that almost always resulted in more pay and pay and increase and more increases. <br /><br />But they always made such simple solutions into very difficult to understand fixes, something like the taxi-fares fiasco. <br /><br />So, don't begrudge them their inadequate rewards. Watch out when the economy recovers.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-86540311030621315752010-02-12T15:23:10.613+08:002010-02-12T15:23:10.613+08:00Hehe (I like Wally Buffet's laughter...) - or ...Hehe (I like Wally Buffet's laughter...) - or was that a snigger?<br /><br />If public money is not our money and is someone else's money, then logically, we shouldn't be too worked up about how public money is spent huh?<br /><br />After all, not our money what - other people can do what they want with their money.<br /><br />Ah .... but based on the comments so far, seem like some Robert Tannoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-10220836763405737572010-02-12T14:34:08.511+08:002010-02-12T14:34:08.511+08:00"What is remarkable is that our geniuses are ..."What is remarkable is that our geniuses are pumping up property prices and say it is a good thing."<br /><br />Of course they are remarkable. Our geniuses feel like god when they lose billions with no accountability and responsibility with citizen giving no damn about the loss.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-54293485740658107912010-02-12T14:22:32.078+08:002010-02-12T14:22:32.078+08:00Oops I forgot. The people shall decide what is goo...Oops I forgot. The people shall decide what is good for them and not a few individuals saying so.Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-36355156896371908532010-02-12T14:21:40.859+08:002010-02-12T14:21:40.859+08:00Hi all,
All your comments make sense. In the case...Hi all,<br /><br />All your comments make sense. In the case of CPF money, we are still living in an era when one size fits all. Why is this the case and still the mindset in decision making?<br /><br />There are people who are more than adequate to manage their own money. There are those who can't. And it is such diversities and difficulties that we pay the politicians and administrators outChua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-37064835573981285882010-02-12T14:12:08.536+08:002010-02-12T14:12:08.536+08:00A favourit quote from Mati-lah:
"You sheepie...A favourit quote from Mati-lah:<br /><br />"You sheepies deserve the Government you voted for" <br /><br />unqote.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-31911083654178120332010-02-12T14:08:27.491+08:002010-02-12T14:08:27.491+08:00Public money is your money? You couldn't even ...Public money is your money? You couldn't even catch a smell of what they do with it, let alone try to touch it. Or for that matter, you can't even demand for your rights (human or demoractic) when dealing with your very own money in your CPF account.<br /><br />Wake up.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-47898033228637648382010-02-12T12:44:12.018+08:002010-02-12T12:44:12.018+08:00Broadly speaking "public money is our money&q...Broadly speaking "public money is our money" is true.<br /><br />But in the Sg context, this maxim is extremely perverted.<br /><br />Let me explain....<br /><br />If all public money (via all direct and indirect taxes) is spent fully each year, then the above maxim holds true.<br /><br />But if a significant portion gets kept in the RESERVES, and the taxes continues to be hiked for no Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-2962576863379881982010-02-12T12:31:24.695+08:002010-02-12T12:31:24.695+08:00I think the government might allow us to manage ou...I think the government might allow us to manage our own CPF if we promise that we will not cry father and mother and expect to be rescued from the pits due to our own mismanagement.<br /><br />That is, if Singaporeans are willing to be accountable and responsible for their own decisions.<br /><br />So far, I haven't found a trace of that responsibility. But instead, we expect to have our cakeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-83443296002246514882010-02-12T12:27:05.988+08:002010-02-12T12:27:05.988+08:00Hi Wally/Redbean
Yours truly comments not so good...Hi Wally/Redbean<br /><br />Yours truly comments not so good lah - better don't praise too much in case the head burst or maybe worse, start thinking yours truly is some supertalent but actually just small fry...<br /><br />Thanks for thinking about including yours truly to "drink coffee". (And I don't mean the "other type" of "drink coffee").<br /><br />Robert Tannoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-7380394753151867682010-02-12T12:19:02.115+08:002010-02-12T12:19:02.115+08:00Hehe,
Inflation, helped by those foreign Ts(?) th...Hehe,<br /><br />Inflation, helped by those foreign Ts(?) that we so routinely sneer at, will also see your 3 room HDB flat fetching 1 million SGD so everyone, well almost, in Singapore is a millionaire! By which time you can retire and buy a "palace" somewhere. Those FTs can have the place all to themselves!Wally Buffethttps://www.blogger.com/profile/15310530661689310446noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-24140886970420216602010-02-12T12:13:13.249+08:002010-02-12T12:13:13.249+08:00Talking about inflation and inflating prices, Chin...Talking about inflation and inflating prices, China and other countries are so worried about their asset balloon bursting and are clamping down on liquidity and speculation.<br /><br />The Americans got the taste of their own medicine in their subprime housing crisis.<br /><br />What is remarkable is that our geniuses are pumping up property prices and say it is a good thing. These magicians mustChua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-78967646746051702292010-02-12T12:11:50.967+08:002010-02-12T12:11:50.967+08:00OK. Anyone interested can email me at wallybuffet@...OK. Anyone interested can email me at wallybuffet@gmail.comWally Buffethttps://www.blogger.com/profile/15310530661689310446noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-53285718084279858782010-02-12T12:04:56.215+08:002010-02-12T12:04:56.215+08:00if there is a shortfall, most probably they will p...if there is a shortfall, most probably they will print more money,inflation.<br /><br />inflation will eat away your savings and increase rich-poor gap as poor could not protect themselves from inflation unlike the rich who have inflation-hedging assetsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-88613405022306644042010-02-12T11:57:41.138+08:002010-02-12T11:57:41.138+08:00Ya, wondering where Patriot is now. We shall get t...Ya, wondering where Patriot is now. We shall get together, and yes, Robert is an interesting guy. You set it up and we can meet up. I am sure Patriot is around and reading.<br /><br />Others can also join in and we go dutch.Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-23208531045169959112010-02-12T11:53:01.188+08:002010-02-12T11:53:01.188+08:00Oh let me intro Wally to Robert.
Wally is the Em...Oh let me intro Wally to Robert. <br /><br />Wally is the Emperor in Lijiang. If you happen to be there, you can pop in to his palace and be treated like a royalty: )Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-58663483976883067112010-02-12T11:51:35.273+08:002010-02-12T11:51:35.273+08:00By the way, Redbean, when is our next gathering? A...By the way, Redbean, when is our next gathering? And Patriot seems to have gone AWOL!<br /><br />And this occassion, invite Robert too. He is really interesting Bro! His comments sooooo good to read that I am already a fan. Pity he doesn't have a blog. I think if he has, it will do really nicely, same as yours don't you think?Wally Buffethttps://www.blogger.com/profile/15310530661689310446noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-91898864979273381672010-02-12T11:46:46.935+08:002010-02-12T11:46:46.935+08:00Hi Robert,
Yep, Redbean has met me. He knows I am...Hi Robert,<br /><br />Yep, Redbean has met me. He knows I am very easy going. Relac man. Life is meant to be lived, not tolerated.<br /><br />Even if I collect cardboards for a living, life can be good if one is contented and happy. <br /><br />As the Buddha said:<br /><br />Everything is transient and I think that includes money!Wally Buffethttps://www.blogger.com/profile/15310530661689310446noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-69799140853056026332010-02-12T11:28:38.194+08:002010-02-12T11:28:38.194+08:00Er, nearly forgot that Buffets are exceptional and...Er, nearly forgot that Buffets are exceptional and special, very few in the world-maybe only one in Singapore so they are "different" from the rest. No money problems - also help others as well with their money. As I said, I have high regards for Buffets...<br />We must treasure them....Tsk! Tsk!Robert Tannoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-34830197250399395482010-02-12T11:16:53.294+08:002010-02-12T11:16:53.294+08:00Hi Wally
You seem such a nice easy going chap - s...Hi Wally<br /><br />You seem such a nice easy going chap - seems like no worries in life - relax and chill out a bit yeah?! And no need to get too bogged down with life's complexities - pass me the panadol, somebody... please?????Robert Tannoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-81872956336860405222010-02-12T11:06:02.495+08:002010-02-12T11:06:02.495+08:00Wa! Money so complicated. Even me, a Buffet also g...Wa! Money so complicated. Even me, a Buffet also got confused!<br /><br />Best is to spend, spend and spend and when got no money, no need to worry anymore. Go to CDC, Medifund, MP et al.Wally Buffethttps://www.blogger.com/profile/15310530661689310446noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-62911262090377727312010-02-12T10:08:18.015+08:002010-02-12T10:08:18.015+08:00I think that many of us who can manage our own mon...I think that many of us who can manage our own money would probably prefer to manage our own money ourselves instead of having someone else "manage" them for us. Come to think of it, there may even be some who may not be able to manage their own money well and yet still prefer to manage their own money. And it's difficult to fault them if it's THEIR own money. Most people will Robert Tannoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-27633901646064848302010-02-12T09:35:10.419+08:002010-02-12T09:35:10.419+08:00Yes, both are our money. One is from taxes and rev...Yes, both are our money. One is from taxes and revenue. The other is our savings. Taxes and revenue collected to help us is good. Taking our savings to help us is bad.Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-38126131747088985812010-02-12T09:24:56.252+08:002010-02-12T09:24:56.252+08:00Hehe,
Isn't public money also our money?
In ...Hehe,<br /><br />Isn't public money also our money?<br /><br />In the end, is any money really ours?Wally Buffethttps://www.blogger.com/profile/15310530661689310446noreply@blogger.com