The Budget debate in Parliament just came to a close. As usual, some millionaires that were pricked by theirconscience tried to speak out for the poorer Singaporeans, asking the govt to spend more to make their lives a bit more bearable. But on the other side, some rich millionaires would parrot the perpetual position, cannot anyhow draw down on the reserves, wait reserves not enough big big trouble. Must protect the reserves to make sure got enough, and must keep on building more reserves.
Anyone see anything wrong with such statements by the cockeyed cocks in Parliament? It is easy to crow about these motherhood statements. Whatweis the point when the cocks are blind? Do the cocks know what they were crowing about? Do they know how much is the reserves? How many of you think the cocks know how much is in the reserves, or maybe they know the reserves is quite empty or nearly empty?
Does anyone know how much money is there in the reserves? Does the President know how much is in the reserves? I think we all know that President Ong Teng Cheong did not know. Does President Halimah know? As for her predecessors, did they bother to want to know?
Now, if the President is unlikely to know, do the ministers or cock MPs know? I bet they did not know. How many agree or disagree with me on this?
Ok, if one does not know how much is in the reserves, how could one be talking about drawing down too much or whether there is enough or not enough in the reserves? Maybe the reserves is already empty. Or maybe the reserves is so huge that it could last forever! The point I am making is that if one does not know, it is better to shut up and stop talking cock.
By the way, how much of our reserves is needed for it to be enough? Is there a definition or a formula. or is it just gasak butak, don't need to know what is enough, just keep adding and adding and adding, never enough? Just what is wrong with collecting more money, what is wrong with keep on adding more to the reserves? Saying this cannot be wrong, like holding the people's CPF on the allegation that they would spent all on Batam trips.
Listen already cannot tahan. Like shadow boxing. How much is really there in he reserves, how much is enough?
37 comments:
Is it inside the Black Hole of outer space? - unknown?
Could be tis reserves no more reserve but a sinking fund? Nobolee knows..only the 69.9% dafts keep voting these white hamburgers in, stupidly like minions no cure la.
Don't worry. The Singapore Reserve is safe and guarded for and on behalf of all Singaporeans. Why you need to know the size of the reserve? It is there and safe. Uncle Redbean, please sleep easy and do not worry so much. OK?
The reserves have never being an election issue with the masses.
Everyone is very very happy.
Whether know or don't know, is Sama Sama.
Pap will still got 70% of the votes.
SF is like that!
Aiyo.Wayang, wayang and more wayang.
Thought our times in the 60s/70s ans till the 80s, we have enjoyed so many Street Wayangs in our streets.
Wah, carnival styles. Now wayang shifted to Parliament House.
Many of the Papies MPs knew that NOT all will be returned to their status quo Good lives next GE.
No doubt PAP will be return to Power.But many SMCs or maybe smaller GRCs will be won by the Opposition.
So, they have to make sure that what the Ministers said They have the Hearts of the People in their Hearts
Especially the Workers.So they will as in Natural Animals Instinct fight for their places to be back for the Good Lives.
Wayang lah.
Hi V 955am
Vv difficult for opp parties to win any seat at the next GE lah.
Sg basically all bochap chenghu.
All will go to pap including H and A!
You wait and see!
Hahaha.........������!
Hi Anon 10.07
TCB/LT and soma other associates should stand in the SMCs wards.
Even 3 or 4 ok ones will make a difference when they are in Parliament.
The dafty sinkies will see from there and another GE will be the Exodus of the PAP.
I reckon at least a few seats.
Cheers
When they dare not tell you, be afraid. Even Ong Teng Cheong did not know. So what do you think? Be like the 3 monkeys, see nothing, hear nothing, say nothing and be happy?
///////Republic of Grandchildren-less BananasMarch 04, 2019 4:41 am
@ Anonymous March 01, 2019 12:29 pm
>>>>>Virgo69 9.22am: //How you gonna to inspire the Young from having loyalty and raise their families here if this is what's happening//
说得好!!
那⼀个家⻓能放⼼, 安⼼, 宽⼼, ⽆忧⽆虑, 放⼀百个⼼早晨送孩⼦到学校⻔⼝, 在下午孩⼦却躺在医院⾥?
现在每⼀天到每⼀间医院的紧急部⻔(A&E), 不难看到⽆数的在级学⽣遍体鳞伤, 有些更加严重, 受的伤影响
终⾝?
有那个家⻓愿意看到孩⼦早晨还好端端的, 在学校⾥校⽅不知在搞什么, 过后孩⼦就躺在医院了?
每⼀个学期的上课天⾥都没有例外?
医院的紧急部⻔⾥每⼀天都能⻅到穿着校服遍体鳞伤的⽆辜学⽣?
你们说这是不是悲剧?
那个家⻓愿意千⾟万苦把孩⼦抚养得那么⼤却看到孩⼦在学校被搞到那个样⼦?
接下来的⽇⼦家⻓还能放⼼每⼀天早晨送孩⼦到校⻔⼝?
接下来的⽇⼦家⻓每⼀天早晨需以⾮常沉重, ⾮常焦虑, ⾮常不安的⼼情, 战战兢兢, 惶惶恐恐万⼆分不愿意
的把孩⼦送到校⻔⼝?
⼀个社会沦落到这个模样的确是可悲啊?<<<<<
Anon 12.29pm,
Referring to your post in CHINESE on 01 Mar 2019. Basically it could be a waste of your time. Why? First of all, this is a blog mainly written by and for "BANANAS". It would be amazing if the readers here can comprehend even 50% of what you wrote in CHINESE.
Next, many readers here are oldies such as Virgo49. As mentioned by him on several occasions, his children are in their 30s, single and NOT likely anytime soon reproducing themselves either in the near or far future. Therefore such readers like Virgo49 likely won't give a damn to such issue/ problem.
Third, Redbean has mentioned many times too his children are Phd and master degree holder PMEs but could have been displaced by many talented 3rd world foreigners. His children are not in sinkieland and thus even if he is lucky to have some continuation of his gene in having some grandchildren, they are very likely with their parents overseas. Hence, such issues concerning the problems parents are facing in the schools are unlikely to attract Redbean's attention.
Essentially, the audience here are either like Virgo49 who has decided to stop propagation of their gene and therefore voluntarily going into extinction down the road or like RB who are quintessentially grandchildren-less either by choice or circumstances as their grandchildren are not in sinkieland.
It is very pitiful but this is the stark reality. No doubt what you wrote in CHINESE about the problems parents and their children are facing are very real, nobody is likely going to even muffle a single letter, much less aid or give any comment.
Stop wasting your precious time to contribute such posts as either the BANANAS here can't read in CHINESE or able to comprehend much, they are also mostly if not all grandchildren-less by choice or by circumstances with none of their children by their side in sinkieland and therefore technically no grandchildren having to contend with the issues you wrote. Expectedly, they borchap or borhew and your efforts either fell on deaf ears or illiterate blind ox as far as the Chinese language is concerned.
Nontheless, this is just a personal view and you do not need to take it too hard.///////
@ everyone
I already said. Total amount in reserves is around, or just over 𝟚 𝕋𝕣𝕚𝕝𝕝𝕚𝕠𝕟 sexy, filthy dollars. Yes, we have enough to keep going for over 20 years even if the government didn't take one dollar in revenue in all that time. 𝕱𝖎𝖑𝖙𝖍𝖞 𝕽𝖎𝖈𝖍 𝕮𝖚𝖓𝖙𝖗𝖞 𝖑𝖆𝖍 💰💵🤑
Can I prove it? Of course not! 🤡 And so the usual caveat applies: Don't believe everything you read on the internet. 🧐
SG reserve is a closely guarded secret. I guess nobody knows xcept two persons (husband & wife team), and even the President doesn't know.
When you believe in a conman, the problem is you, not the conman.
Hi uncle rb
U are 108% correct!
Same same. The problem is the 70%, not pap!
Right?
@All,
The KS PAPies will say need minimum $1M for every man woman child in the reserves for it to be just nice.
So we have total 5.8M people on this rock including foreign invaders.
Multiply by $1,000,000 -- the minimum amount of reserves that PAPies will be satisfied is $5,800,000,000,000.
According to MAtilar we only have $2,000,000,000,000.
So still a long way to go!!! MORE TAXES & GST NEEDED LAH!!!!
Many believed the Original, first conman.
Got conned and learnt the lesson too late.
Some even got conned by subsequent conmen before realising.
Then there are the diehard believers that choose to stay blind and deaf.
And of course the dumb dumb and daft daft.
@1219pm
Not to worry!
Aiya..... $5,800,000,000 is small amount!
So ..... not to worry!
does finance ministers know how much is in the reserves? At the end of the day we'll probably find that sing$ backing is 25% reserves 50% bs n 25% external demands...😂😂😂
@12:31pm
///Aiya..... $5,800,000,000 is small amount!///
AIYO .... you missed 3 ZEROES.
$5,800,000,000 is small amount. Even Matland reserves are BIGGER than this!!!! LOL!!!
BTW even from official govt numbers & estimates by economists, our current reserves already around $800,000,000,000 which is MUCH MUCH BIGGER than your mis-typed $5,800,000,000.
$5,800,000,000,000 is the target amount which is not so small. This is the amount that KS PAPies will like to have.
/// Does anyone know how much money is there in the reserves?
.... Maybe the reserves is already empty. /// - redbean
It's the same problem with God.
There is no physical evidence that a God exists.
And yet millions of people happily give away money to their Gods.
But since God is not able to physically receive all the donated money.
- so therefore we have God's faithful servants (ownself appoint ownself) to receive the donated money on God's behalf.
- God's faithful servants will of course protect God's money to make sure that God will never run out of money ... very important since God has eternal life and cannot die
/// Does anyone know how much money is there in the reserves?
.... Maybe the reserves is already empty. /// - redbean
redbean
You must have faith even if you do not know how much money is in the reserves
Hebrews Chapter 11 (Bible, NIV)
Faith in Action
1. Now faith is confidence in what we hope for and assurance about what we do not see.
2 This is what the ancients were commended for.
3 By faith we understand that the universe was formed at God’s command, so that what is seen was not made out of what was visible.
https://www.biblegateway.com/passage/?search=Hebrews+11&version=NIV
---------------
Hebrews 11:1-3 King James Version (KJV)
1. Now faith is the substance of things hoped for, the evidence of things not seen.
2 For by it the elders obtained a good report.
3 Through faith we understand that the worlds were framed by the word of God, so that things which are seen were not made of things which do appear.
Hi 1243
Don't spread fear leh!
Like that very very the siong!
If like that....how?
@ March 04, 2019 1:48 pm
You have given us the Biblical definition of FAITH for believing in the existence of our Singapore Reserves.
Now let me give you the atheist definition of FAITH:
"Faith is the excuse people give for believing something when they don't have a good reason."
- Matt Dillahunty
http://www.atheistrepublic.com/gallery/faith-according-matt-dillahunty
Word of Faith/Prosperity Gospel by Justin Peters
@ March 04, 2019 1:54 pm
"FAITH is the great cop-out, the great excuse to evade the need to think and evaluate evidence.
FAITH is belief in spite of, even perhaps because of, the lack of evidence."
- Richard Dawkins
Read more at: https://www.brainyquote.com/quotes/richard_dawkins_141335
@ March 04, 2019 1:54 pm
"FAITH is belief without evidence and reason; coincidentally, that's also the definition of DELUSION."
- Richard Dawkins
Definition of DELUSION
------------------------
"something a person believes and wants to be true, when it is actually not true"
https://dictionary.cambridge.org/dictionary/english/delusion
--------
A delusion is a belief that is clearly false and that indicates an abnormality in the affected person's content of thought.
The false belief is not accounted for by the person's cultural or religious background or his or her level of intelligence.
The key feature of a delusion is the degree to which the person is convinced that the belief is true.
A person with a delusion will hold firmly to the belief regardless of evidence to the contrary.
Delusions can be difficult to distinguish from overvalued ideas, which are unreasonable ideas that a person holds, but the affected person has at least some level of doubt as to its truthfulness.
A person with a delusion is absolutely convinced that the delusion is real.
Read more: http://www.minddisorders.com/Br-Del/Delusions.html#ixzz5hBL5KO00
"FAITH IN PAPIES IS THE OPIUM OF THE SINKIES"
Western media Reuters describes China's Parliament as "largely rubber-stamp parliament." What about Singapore's . . . ??
Singapore PAP-LEE-MEN-T is a IRONIC-STAINLESS-STEEL STAMP, much better than a Rubber Stamp. Cannot rust, cannot bend, cannot change, and can punch above its weight. HAHAHAHAHAHA........
What many have been talking about the reserves being hollowed out is without merit.
Many events pointing in this direction cannot be denied.
Let's start with Ong Teng Cheong who was removed from office on 31.8.1999. He wanted to know how much the reserves and other assets of GIC were and they told him, in no uncertain terms, that it will take 50 years to calculate.
As President and holding the so-called 3rd key to the reserves, is it not logical that he must know the figures, otherwise of what use is he doing with the 3rd key. If one fine day Singaporeans wake up to find that the reserves have disappeared, what is he going to tell them, being the 3rd kay holder and still living?
Then let's take the time factor of needing 50 years to calculate from 1998 or thereabouts that Ong Teng Cheong first broached this question about the reserves. This was when Woody was the PM and the old man still around. Woody would have to be more than a century old by the time frame of 50 years down the road when they managed to figure out how much the reserves are? Both of them would be long gone to be held accountable. In fact, one is already non existing!
The next major event was Tan Cheng Bock going against Tony Tan for the elected Presidency, and garnering a very creditable percentage of the votes for President. That makes the PAP big wigs extremely nervous, because credible or not, Cheng Bock is expected to ask the same questions as Ong Teng Cheong about the reserves.
The PAP had to make a very decisive change in the rules for the elected Presidency by bringing in the element of race. That change totally eliminate Tan Cheng Bock's second attempt and end of his story. Would he try again and would the PAP change the rules again? Interesting!
Why is the PAP so secretive about the reserves that even the President, holding the 3rd key, is not in the groove?
Another interesting point is how many people really believe that those Presidents that came after Ong Teng Cheong really knows how much the reserves are? Sure there are unofficial figures given by analyst that most people know, but what is the official figure that these 3rd key holders really know? If they do not know, what rubbish are we talking about protecting something that may not be in existence at all.
Sorry: Correction
'What many have been talking about the reserves being hollowed out is NOT without merit'
Anon 7.45
Hello all
Whether the figures of the reserves are known or not, the masses seem very very ok.
So very very ok that 70% voted for pap!
The masses must be very very happy.
Correct?
Is it true?
Believing in the existence of the Singapore Reserves is just like believing in the existence of God.
You must FAITH.
You must believe in the absence of evidence.
-----------------
"Now faith is confidence in what we hope for and assurance about what we do not see."
- Bible, Hebrews 11:1 (NIV)
"Now faith is the substance of things hoped for, the evidence of things not seen.
- Bible, Hebrews 11:1 (KJV)
Of what purpose are those GST vouchers, skills future throw outs, transport subsidies etc etc and what do they really do? Keep those in need happy of course, and happy means contented. Whether chicken wings or lollipops, they neede and like it and you know the rest of the story leading to the ballot box.
How many young and old are really serious about knowing how much reserves we have? Most are more concern about bread and butter issues than about knowing how much reserves we have, which to them makes no more sense than knowing how much their neighbour has in his pocket, since the reserves, whether they are there or not, have no direct bearing on their daily struggle. Who can blame them?
Ignorance is bliss for most people! Knowing too much is an unnecessary burden for the rest!
Nothing is secret.may b in trash bags.
1. How much is the national reserves?
2. How many types of national reserves.
3. Who control and handle the national reserves?
4. Where are the national reserves being kept?
5. What does the government do with the national reserves?
6. Who in the government make use of the national reserves?
7. Are the national reserves in good hands (safe custody)?
8. Who does the accounting of the national reserves?
9. Surely someone in the government must know at any one time the exact or approximate total amount of the national reserves plus the detailed breakdowns. How can a government, that has always praised itself as outstanding, no-nonsense, competent, efficient, effective and above board, be so blur and incompetent that it would take 50 man-years to account for the national reserves. This is absurd and irrational and irresponsible behaviour. Daft Singaporeans taking it sitting down are equally irrational and irresponsible. It takes two hands to clap.
If it really needs 50 man-years to account for it, then make use of 50 accounts and do it in one year. Or employ 100 accountants and get it done in half a year. What so difficult?
1989 until 2019 is how many years already? 30 solid years already. In 1989, the technology was not as advanced as today. Now there are super-high speed computers, better software, more skilful tech-savvy account personnel, and more highly paid ministers and top civil servants. And 30 years have lapsed. So there should be no excuse whatsoever that nobody knows the exact total amount of our national reserves. Give and take a margin if error of 5%, the Ministry of Romance (I mean Finance) owes the public a responsibility to divulge the figure. And don't give the bullshit excuse of national security.
8pm anon, don't anyhow make assumption that people are happy. I have been trying to control the whole day not to sodomize anyone with a stupid post but look like u deserve to be sodomize lar😀
March or April this article?
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