8/19/2019

Hsien Loong's National Day Rally- Protecting people's livelihood

Two points were quite new in this rally other than climate change. One is lowering education cost for Singaporeans and the second, concern of workers who want to work longer with longer lifespan.

The lowering of education cost is not something new as it has been flogged like a dead horse for the last couple of decades with the govt turning a deaf ear and chose to throw more money, in the billions to educate children of foreigners. The numbers kept piling up and the Education Minister must be quite embarrassed reading the numbers in Parliament, hundreds of millions every year, and double the amount in the last couple of decades at the expense of Singaporean children in education. But I am wrong, for the govt said all the money spent on foreign children, including university places for foreigners were not done at the expense of Singapore children. No Singapore children has lost out, lost their university place because of the foreign students paid to study here. OK, I admit I am wrong, no point arguing about it as the coin has two sides and I and many Singaporeans are looking at the wrong side.

Hsien Loong in his rally speech has made right this annual grouse by lowering university and polytechnic tuition fees quite considerably especially in medicine. Students now need to pay only $5000 a year instead of &29,000 to $35,000. And poly students could pay as low as $150 per year. These are good news to the students and their parents. And to make it sweeter and to show that the govt is not wayanging, it takes immediate effect in the next academic year and for existing students unlike past policies that would take place a year later. The kpkb against the grotesque sum given to foreign children may not elicit any response from the govt, or meant nothing to the govt, nor affect a govt that would do the right thing by being deaf. But this change in govt policy should help many families in lowering their financial burden paying for their children's education.

DBS the best bank in the world

The next important point is working longer for Singaporeans that are living longer. DBS was singled for praise for job restructuring and reskilling to enable its employees to work in new jobs and to work longer. Piyush Gupta was in the audience and beaming with pride for the good job done.

The best bank in the world is not for nothing if it does not show care and concern for its workers. Not sure if this include its business partners and agents that lost their livelihood in DBS's restructuring exercise to make the bank trimmer and more efficient. DBS has a big reputation as a national bank, a national icon and cannot do otherwise. Everyone is watching DBS, including Hsien Loong on how DBS contributes positively to create employment in Singapore not just for foreigners but also for Singaporeans and not to destroy their livelihood.

The govt has taken the initiative to increase retirement and reemployment age and raising CPF for senior employees. This is a key message in this year's National Day Rally, providing employment for as long as possible for Singaporeans that want to work longer, not terminating their employment prematurely and killing their livelihood. As the population ages and with more living longer, building and protecting their nest egg is vital if the seniors are to enjoy a life of financial independence and to live with dignity.

Every employer especially GLCs and ministries would have to take note of this policy mission and not to put Hsien Loong in an embarrassing position by acting contrary.

70 comments:

  1. KNN, can trust a branded by own sister "Dishonorable Son"? Some more his wife wrote in FB about good to cut off relationship with own family members.

    What kind of example is she showing the followers of Empress Dowager?

    What kind of message is she giving to both naive and cunning Singaporeans?

    What kind of message is she projecting to the world at large?

    ReplyDelete
  2. Anonymous August 19, 2019 8:49 am
    ///What kind of example is she showing the followers of Empress Dowager?///



    Anon 8.49am,

    Early early 1st day in the week morning catch u no ball leh...

    What is the link with modern sinkieland?

    Isn't Empress Dowager Cixi from the Ching Dynasty that ruled China from 1644 to 1911 ...?

    ReplyDelete
  3. Wrold temperature and it's air pressure also

    Same increasing...

    ReplyDelete
  4. Cannot even handle own family well, how to be able to run the country well? Taking so much money from taxpayers to make ministers millionaires but giving back so little.

    ReplyDelete
  5. 924 am,

    You born yesterday. Is it?
    Everything must say bluntly and directly. See Liao!

    No wonder many people said Sinkies are stupid. LKY said Sinkies are daft. You proved them right.



    ReplyDelete
  6. Anonymous August 19, 2019 9:38 am
    924 am,

    ///You born yesterday. Is it?
    Everything must say bluntly and directly. See Liao!

    No wonder many people said Sinkies are stupid. LKY said Sinkies are daft. You proved them right.///



    If not how to make you say it BLUNTLEE?

    who is STUPID?

    LMAO...

    ReplyDelete
  7. AnonymousAugust 19, 2019 9:38 am
    924 am,
    ///See Liao!///



    "si liao "?

    Now then yew know?

    The writings are all OVER the wall LOOOOOO...... OOOOOONG AGO(H)?

    ReplyDelete
  8. @RB,

    ///No Singapore children has lost out, lost their university place because of the foreign students paid to study here. OK, I admit I am wrong,///

    Most Sinkies actually know that those Sinkies who QUALIFY for the specific courses will get into them in Uni or Poly. No argument there --- except for those who just below the grade & want the Uni or Poly to make exception for them, lower the criteria a bit.

    The argument is more to do with why need to spend so much on foreign students??? It has reached $238M PER YEAR in the last few years.

    This taxpayer money could have been used to further improve subsidies or bursaries for poorer Sinkie students & help more Sinkie families. Or used to improve schools facilities & teaching methods for Sinkie students. Or to have started helping poorer Sinkie families with pre-school education back in the 1990s instead of only in 2013 onwards.

    ReplyDelete
  9. @RB,

    "Good job lah! DBS!"

    LOL!!! I had a big good laugh when I heard that from LHL's mouth. I admit I was thinking of you when he said that!!! Hahaha!!!

    ///As the population ages and with more living longer, building and protecting their nest egg is vital if the seniors are to enjoy a life of financial independence and to live with dignity.///

    Working because you HAVE TO in your 60s and 70s or older is NOT enjoying FI or living with dignity in old age. LOL!

    That's why it's so important to develop critical thinking & think for yourself from a young age --- definitely by 18 yrs old. Else you will become propagandised into a cog (or screw) in the economic & social engine for the elites.

    WSG

    ReplyDelete
  10. 100 billion on climate change...hmmmm let's spend 10 billion on the feasibility study first...hehehe

    ReplyDelete
  11. Aiyo, daft and pathetic Sinkies has to work until 70 and beyond.

    Not because they want to but because they have to.

    Daft ball carriers clapped and clapped when he said that there be no change at withdrawal 65 and beyond.

    Poor Sinkies with their inflated costs of unbearing living has to work themsleves to the graves by their conning that retirement age be increased to 70 and beyond.

    At age 55 should have FULL withdrawal and with costs of living not artificially inflated should be able to enjoy their fruits of labour.

    What's Climate Change investments? Instead of focussing unemployment problems in the near future.

    Little Red Dot can made a difference to the World's Climate Change??

    Indon jusy burn their forests and The Koreas start having their military exercises will defeat the puropse of tackling Climate Change.

    Even Dotard Trump no hew what's change.

    Twenty thirty years from now hai kow yew con jobs.

    ReplyDelete
  12. @All,

    Doesn't seem like an election NDR with no goodies for the masses. I'll hazard a guess that GE has been postponed to 2020.

    Pinky (Reddy this year LOL!) pointed to Ah Heng during his talk that he will leave it to Ah Heng to announce the goodies in Budget Speech.

    Budget speeches usually in late-Feb. Hence PAPies may up the ante with a March GE --- if PAPies don't get 2/3 majority then the promised goodies may not be available as PAPies will say they need 2/3 majority to smoothly approve all the Budget & goodies in March.

    It's a political masterstroke by PAPies. I have to give it to them (or their main strategist)!!

    WSG

    ReplyDelete
  13. @Virgo, @All,

    This NDR speech seems to be more for CDL and Capitaland! LOL!!!

    I think the entire property developer industry is busy calculating how much profits they can earn on the Greater Southern Waterfront.

    Virgo will be praying to Tua Pek Kong everyday that his Spottiswoode Park Estate be SERS before 2027, else it's much cheaper for govt & developers to build on the soon-to-be available Keppel and Tg Pagar Terminal lands than having to compensate existing HDB estates!

    Plus the Keppel & Tg Pagar terminal areas are right next to the sea. Oh that means Virgo's sea view will be gone soon! Alamak! LOL!!

    WSG

    ReplyDelete
    Replies
    1. WSG. No need to pray lah.

      100% sure SERs.Our estate worth billions to the SLA and the PAP.

      Think they keep 40 plus run down ex PSA flats as eyesore.

      Keppel club site in two years time will be redeveloped. Sure shift over there one. By time Cantonment MRT will be almost ready.Think they let you have this facility at your doorstep.Sure for condoms or high end houses. One Square feet at $7000 or more at Central.

      Have new 99 year lease flat at Berlayer Creek for my two children so that they can retire at age 55 like me and spouse and have a life at Matland with leisure. Melaka and alternate Genting with pleasure and ease.

      Don't fall into the trap of working till age 70 like slaves to the Papies and then to the graves.

      Cheers

      Delete
  14. Be
    it goodies for the Sinkies from the Sin Government or the 100 Billions to save the Earth, ot wi not save Sinkies from their fate of suffering.
    Climate wreaks havocs and takes live, but the Damages it causes are much less than that brought about by mankind. The World shall be destroyed by humans long before Nature does.
    ln Sin,
    the Rulers without fail will tell You to see 20 years or more ahead. lt is a most cunning ploy as by then, the Rulers would have died, too old or too sick to be held accountable. Many would have run-road to foreign land and most of their successors would have domiciled abroad with living in plenty.

    Have to agree with prescient folks that,
    like in the Jungle, the Hyena and Dingo are superb strategists, ditto the Pappies in Sin.

    Sinkies are doom except those capable of being global citizens.
    Many foreigners staying in Sin have no intention to become Sin Citizens. They have no faith in Sin
    except
    to have a safe sanctuary for their wealth and family. The Slightest Sign of threat to their wellbeings in Sin, they are ever-ready to leave. This includes the Leaders and Elites of Sin.

    ReplyDelete
  15. Hi

    There are many many comments about lhl ndr speech!

    Whether good no good, at the end of the day, the masses will DIE-DIE-DIE-DIE vote for pap! Correct?

    Sg is loong loong ago already like that liao! The masses will only kpkbsssss and tcssssss..... Correct?

    Waste time!

    Hahaha.......

    ReplyDelete
  16. @Virgo,

    ///100% sure SERs.///

    If you say so lorr LOL!!!

    There are many available free land around your area. Now with Keppel & PSA land being freed up, even more available land that doesn't require expensive compensation.

    40-yr old flat still considered "young" lah. There are many 60-yr old HDB around still no hope of SERS! LOL!!

    ///One Square feet at $7000 or more at Central.///

    Think you got mixed up with Central @ Hong Kong Island LOL!!!

    Highest psf for residential in S'pore can't even cross $5000 (which is damn fucking high liao).

    WSG

    ReplyDelete
    Replies
    1. Aiyo long time ago if Mahathair give back KTM land. Long time already SERs. During LKY time.Even Cantonment Towers NOT built as plan to have wholr stretch up to Marina.

      Ours land density with open spaces and with MRT station in front and bus terminal behind with Community Hospital for you to recuperate at age 52 is worth more than 7K per sq ft as per LowRan Wrong's mouth.

      Other estates no such value even 90 years old as low ran wong said NOT all estates chow kar rubbish dumps will be SERs.

      Facing the New Southern Water Front sure got value for condoms and etc

      See behind so many Condoms already built.

      Don't be jealous lah. Work until your age 70 and beyond lah.

      Cheers

      Delete
  17. maybe he knows that singapore is sinking just like jakarta.

    ReplyDelete
    Replies
    1. All the diggings non stop round the clock so SINK.

      Only GDP internal constructions and buildings.

      No other GDP to be proud of.

      Some more constructions mainly Foreign Firms and workers.
      Monies out. No real employment for Sinkies.

      Sure die one.

      Nothing to

      Delete
  18. @Virgo,

    ///worth more than 7K per sq ft as per LowRan Wrong's mouth///

    LOL!!! Ah pek --- you forgot to go for ear checkup or eye checkup haar??!?

    $7K per SQUARE METRE lah pondek!!!

    And that's for private property. For HDB, govt pay around $2K psm --- that's $186 psf.

    FYI James Dyson's $74M penthouse is ONLY $3500 psf. LOL!!!

    WSG

    ReplyDelete
    Replies
    1. Go to Hansard and read Low Ran's Wong speech in Parliament when asked by WP.

      Yours prata at jalan kayu like you no value lah.

      Same as Lau Goh Woody.

      Delete
    2. WP NMP was asking how much land value SLA charged for HDB flats.

      So he tried to say very cheap only at 2K per sq ft. For Private Housings in Central Core as high as 7K to 10K.

      I don't care how much they charge the future daft sinkies as long as I get my new 99 lease hold as legacy for my children.

      Why they building HDB flats in conjunction with Private Housings at the Greater Southern Waterfront and at Keppel Club?

      Because LKY was pissed off with our estate of only mainly 5roomed flats. When he speak even International Statesmen listened.

      As I said once he came over for a rally and not many of us come to listen to him. He said just only 5 roomers and they already so stuck up. Doors always closed to neighbours. That's why they implemented the policy of mixed housings so as to have social interaction. Previously most condoms are built away from HDB estates to enhance their so called idiolgy value.

      Low Ran Wong is trying to justify that they are already charging very low land value for HDB flats to pacify the question

      Cheers

      Delete
  19. WSG not say I wNted to say you. I really think that u needed to be sodomized to wake up and regain your senses lar

    ReplyDelete

  20. Hi brothers

    Cool! Cool! Cool!

    Don't waste time lah! All are friends. So what if you win?

    At the end of the day, as I said before, the masses will die-DIE-DIE-die vote for pap!
    Could be more more more during the siong economy, at the next GE!

    Sg is like that lah!

    ReplyDelete
  21. @Virgo,

    Forget about eye & ear checkup. You better go for brain checkup! Lau kok kok liao LOL!!!

    No need hansard ... Google can liao!

    $7K psm versus $2K psm ... "land for public housing has a lower valuation compared to land zoned for private housing"

    ReplyDelete
    Replies
    1. Cock. Definitely Public housing has a lower valuation compared to land zoned for private housing.

      That's why our Run down HDB estate sure SERs for private housings.

      Idiots. Still dont understand.

      All the while Sinkies been conned that their HDB flats will appreciated in value until Low Ran Wong's said NOT ALL old flats SERs. Then all awoke and shock.

      That why they now have another con scheme of what's VERs.

      VERs just compensated your tail end balance lease just like lease back. Then you have to cough up another few thousand percent on top of your compensation to buy another new flat.

      That's why now they have flexi as most already sucked dry by them and cannot afford 99 lease.
      Only 30,35 or 40 years so can afford.

      Delete
  22. @All,

    Please larr ... Want to challenge on financial & money matters --- you all need to do your homework lah!!! LOL!!!

    If this is one of those finance blogs that I go to, I'll be on my toes. But here ... my toes can beat you flat laarr!!! LOL!!! Really no fight.

    ReplyDelete
  23. @Virgo

    Changing your tune so soon?!?

    Now don't care what Ah Wong actually said?? Instead telling your own cock & bull story?? LOL!!!

    BTW ... U still don't simple difference between psf and psm?!?!

    LOL!!!

    ReplyDelete
    Replies
    1. Hello call yourself a Uni grad.

      Can even read my "O" level English.

      When did I said don't care what Ah Wong said. ?

      I said don't care how Ah Wong slaughter you dafts sinkies.

      Wake the shits up.

      Half past six uni grad. No wonder have to go for grilling and upgrading.

      Cannot understand even simple EngKok.

      Delete
  24. @All,

    Ehhhh ... I'VE GIVEN YOU CLOWNS A FUCKING BIG CLUE ON HDB PRICING!!!!!

    Haaar?!?! You don't get it har?!?!

    Let me explain...

    Govt "spends" $2000 psm in MATURE ESTATES to build HDB flats. This is $186 per square foot.

    MIND YOU --- THIS IS PRICING FOR MATURE ESTATE ... FOR NON-MATURE LIKE CCK, WOODLANDS, PUNGGOL, SENGKANG ... IT IS EVEN CHEAPER.

    Average new 4-rm BTO is 92 square metres --- hence "land cost" of $2000 X 92 = $184K.

    According to my sources in property & quantity surveyors, the current TOTAL ALL-IN CONSTRUCTION COSTS for HDB is about $150K per unit.

    So the total LAND + CONSTRUCTION cost for average 4-rm BTO = $184K + $150K = $334K.

    REMEMBER THIS NEXT TIME YOU LOOK AT HDB BTO PRICES & THEIR SO-CALLED SUBSIDIES!! LOL!!!

    Wah lao ... I'm bored lah --- hoped that HK exploded over the weekend & I can buy cheap today.

    But WTF ... Hongkies so peaceful, and now stocks in HK & Shanghai are chionging like fuck. Even AhNeh stocks also up strongly! KNN lah.

    Can only come to this TCSS blog lorr...

    ReplyDelete
  25. Virgo 49 August 19, 2019 12:28 pm
    ///All the diggings non stop round the clock so SINK.

    Only GDP internal constructions and buildings.

    No other GDP to be proud of.

    Some more constructions mainly Foreign Firms and workers.
    Monies out. No real employment for Sinkies.

    Sure die one.///





    Lol...

    Told you looooooo.... ooong ago(h) le...

    What do you call that?

    Takboh(leh)nomics or Botak(liao)nomics?

    Any trained in (macro) economics will tell you capital accumulation via build build build is the easiest way to inflate the GDP temporarily but also the most unsustainable way in the looooo...oooooong run (road)?

    Look at Abe-nomics 3 arrows...

    You think the Japanese economics experts better or worst than Sinkieland's?

    The Japanese have Nobel Prize winners...

    How many from Sinkieland?

    But Abe-nomics 3 arrows now u turned le and "shooting" at themselves?

    Look at BREXIT or the American debt abyss (> USD 22 trillions)

    The British and American combined have the most and renowned Nobel Prize economists but both economies headed for the cliff?

    What does that tell you?

    Thought Sinkieland got some of the most critical educated thinkers based on the "hai kao yew" selling about the education system by some academics each year during uni open houses?

    Can the critical thinkers explain why the British economy facing BREXIT but with some of the world best economics trained brains in LSE, Cambridge and Oxford is tethering on possible economic "disaster"?

    Can the critical thinkers explain why the US, with so many top economic brains is on the unsustainable path of having a national debt equivalent to about 5 years their national earnings or revenue?

    Are there some flaws in the education system?

    Critical thinkers out there!

    What say you?

    Btw, after about 36 months since chairing and releasing the future economy recommendations, does "chiu kee" have any report card to share with sinkies beside the "primitive Artificial Intelligence" driven kong cum tray deposit "toy" moving up and down the MIDDLE aisles of hawker centres and CAN'T even turn left or right or "personally collect any tray or clear /clean " the tables?

    Empty Motherhood statements or hot air "hai kao yew speeches" are easy to make?

    How many years is Sinkieland away from a real AI driven robot that can really perform such simple tasks as collecting trays from tables and cleaning the tables?

    If that is nowhere near reality, what is the talking about driverless cars?

    Whoever boasts about driverless technology next time should be "made" to be the guinea pigs passengers during test drives and pilot projects?

    ReplyDelete
  26. @Virgo,

    ///When did I said don't care what Ah Wong said. ?///

    Fact 1: Ah Wong said PER SQUARE METRE

    Fact 2: Ah Wong said govt pays $2000 psm land price for HDB flats in mature estates

    IF you deny the above, basically you fuck care what Ah Wong said lorr LOL!!!

    Oh have you checked out the Master Plan for your area?!? The plot ratio is still quite low --- if you want to SERS better tell your MP to increase it. Oh I forgot --- you don't talk to PAPies MPs and you especially fuck care what they say!! LOL!!!

    Forget about condos or condoms or private developers --- they are more interested in waiting for Keppel & Tg Pagar Terminals. Your estate WILL BE BLOCKED by new developments nearer to the ocean --- this is not only probable, it is INEVITABLE!!! What for developers buy your estate when they KNOW it will be BLOCKED??!!

    The irony is that if there is no plans for GSW, your estate will have higher chance of SERS. Now with GSW, your chances have dropped!! LOL!!!

    ReplyDelete
  27. How does garment's $184 per sq ft for 99 years compare to the price of freehold land?

    ReplyDelete
  28. Hi

    We have the BEST-est govt in the world!

    Everything is taken care for you! Everything!

    You tell me lah......where to find? No horse run!

    So..,...stop kpkb! Enjoy your life while you STILL can!

    Cheers!

    ReplyDelete
  29. I learn the Imperial Systems so don't bother whether sq ft or sq metre as I NOT like other Sinkies bite more than they can chew always upgrading for properties investments and in the end ended in two room flexi flats.

    Whether GSW our place placed high value for the Papies to enrich their coffers.

    Why worry about the SERs. My two children afterall cannot even outlived the balance lease of 60 years. They are already late 30s. MRT right in front of flat. Plus bus terminal with various services to PP centre for my Genting Coach.

    Only good is that if SERs to Keppel nearby Caribbean Condos Site my two children will be nearer to workplace at Science Tech Park and Labrador area at Samsung.

    Also Can walk dog at Henderson Walk.

    Swim at Mt Faber SAFRA.

    Cheers

    ReplyDelete
  30. @Anon 3:15pm

    ///How does garment's $184 per sq ft for 99 years compare to the price of freehold land?///

    Go google it!!! ... not rocket science LOL!!!

    While you're at it, you can also google Bala's Table or Bala's Curve which gives the "official" difference between leasehold price and freehold price, as the lease runs down (but kinda theoretical in this day & age).

    HDB & govt uses the concept of Bala's Table when they compensate for SERS or when they chiong-kong your private property for nation building.

    ReplyDelete
  31. @ 1005 am:

    "The argument is more to do with why need to spend so much on foreign students??? It has reached $238M PER YEAR in the last few years.

    This taxpayer money could have been used to further improve subsidies or bursaries for poorer Sinkie students & help more Sinkie families. Or used to improve schools facilities & teaching methods for Sinkie students. Or to have started helping poorer Sinkie families with pre-school education back in the 1990s instead of only in 2013 onwards."



    You are spot on. The "DS" was being circuitous, trying to deviate and deflect the main issue by making presumptuous assertions that his out-of-place generosity of throwing away $238 million (actually more, if hidden costs are added on) per year to foreigners instead of wisely spent on our own taxpayers' children. This issue is indefensible. The logic is warped, at the least. There could be other motives unpalatable for public consumption. The more he tried to explain it off, the more he looks stupid and unconvincing.

    Anyway, it started with the Dead Wood Goh. for whatever reasons only known to him. But the unthinkable policy CONtinues despite a change in leedersheep. Also for unrevealed actual reason(s).

    The fact is that this "Stupidity Has No Cure" indefensible policy cannot continue forever. It is politically untenable.

    The sayings by sages long ago still apply today:

    God helps those who help themselves!

    Charity begins at home!

    ReplyDelete
    Replies
    1. Singaporeans children even their parents paid for their tertiary studies in ITE or Polys were been "barred" or been made difficult for admission previously from enrolling in other higher institutions of study like our Singapore Unis.

      The PAPies thought that they would not like to socall subsidised twice for our own Citizens children twice.

      They preferred to sponsor other countries students thinking that they are maganimous and flushed with cash.

      Hoping that they be beholden to them and even have ready jobs for them if they want to stay.

      Those who went back they also hoped that they will have a thought for Singapore and be our
      Great partners.

      Little do they know that they are in competition with us as other nations and played the daft PAPies backs.

      We have free loaders who are so easy in life and study that they have free time to make sex videos and scorned us.

      Spending millions on parasites instead of our children.

      Now they Wayanf as they feel the heat from conning the Sinkies for too long.

      Reducing what's tertiary fees

      Been wasting millions and depriving our children of further education.

      They can still blared that every Singaporean will be helped to the fullest.

      Bullshits

      Delete
  32. @Virgo,

    ///I learn the Imperial Systems so don't bother whether sq ft or sq metre///

    This is lame excuse larrr LOL!!!

    I learnt the Metric system yet I also know & keep aware of imperial sys so as to ensure ACCURACY and NO BULLSHIT.

    ///Only good is that if SERs to Keppel///

    SERS is ALWAYS back to govt as per PUBLIC HOUSING COMPENSATION BASIS.

    What the govt do with the land later is nothing to do with you.

    Govt can sell the land for 100X higher to private developer to build condoms or pussy holes. Nothing to do with you liao LOL!!!

    ReplyDelete
    Replies
    1. When did I said how much the govt sell is my business?

      Aiyo, please don't rambled nonsensical platitudes.

      I fark care how much they slaughter you Dafts as long as they compensated me a new flat which can be transferred to my children and they do not have to pay a ransom as those foolish Sinkies just to own a pigeon hole.

      They can retired blissfully with enough for their lesiure rather than investing in what's ridiculously cut throat prices and pay all your working lives with nothing leftm

      Delete
  33. @All,

    KNNB .... weather too hot for walk.

    Hongkie, cheena, aheneh stocks still chionging nahbeh.

    US futures also indicating US stocks will chiong tonight as well.

    At least I bought a bit last week, but wish I had bought more.

    Still have over $450K cash warchest rotting away...

    ReplyDelete
  34. Virgo u kena locked on already. So be careful lar

    ReplyDelete
  35. GDP growth has come at the expense of our Net National Savings. This is not sustainable in the long run.

    The effects of such a policy of "GDP GROWTH AT ALL COSTS" are starting to show. This is especially so when the global economy, driven by globalization controlled by the few Rich countries and individuals, also starts to shrink.

    The future of Sinkies is very uncertain, even bleak, unless a miracle happens. And happens fast.

    ReplyDelete
  36. LHL double confirms that it is appropriately justified to change the name of Singapore to Sinkingpore because of the effects of climate change.

    ReplyDelete
  37. Knn August 19, 2019 3:51 pm
    //Virgo u kena locked on already. So be careful lar//



    No worries uncle Virgo

    Dun be intimidated or brow beaten into submission or offer your backside to their TK?

    For your outspoken selfless sacrifice, sinkies will crowd fund to bail u out if needed...

    Just post your acct or hp number when it happens. Sinkies can trf or paylah to u straight away in abt 10 seconds u received the $$$ le.

    No nid have nightmares or zzzless nights

    Cheers

    ReplyDelete
    Replies
    1. No sweat bro. These are facts.

      Papies reading all these true from their hearts comments will made amends for their follies.

      If not why so many sudden help to the poor Singaporeans.

      Even little children committed suicide.

      It's a shame.

      Cheers

      Delete
  38. Anyway Economics is like hospitals?

    For human beans, if need go A&E, means serious health issues or problems or troubles le?

    No?

    When economy needs economics or BIG STIMULUS projects to build build build, means what?

    Best is an economy no need any economists or economics?

    Means like human beans no need go A&E or see loctor$$$$?

    In good health?

    If need go A&E and worst transported in ambulance, means in good health or not?

    If economy very "sick or kena cancer" need Tpt to "ICU" for "resuscitation" via BIG BIG fiscal stimulus projects like Abe-nomics, u think the economy healthy or not?

    The world economy has been sick for the looooo......oooongest TIME?

    If not for the life support artificially propping up the aggregate demand in the economy with endless amount of QE and money printing, the Japanese and Americunt economies would have kicked the bucket looooo......oooong ago(h) and went through the funeral procession with blaring music and hired fake crying and cremated into ashes already?

    ReplyDelete
  39. Lowering of education cost ... same old trick.
    - Give you a chicken wing now ... later on take back the entire chicken (like our HDB flat)

    ReplyDelete
  40. @Virgo The Pondek Flip-Flopper,

    ///When did I said how much the govt sell is my business?///

    LOL!!! Lau ah pek .... you yourself said so earlier ... see below!
    Time for brain scan check for alzheimers?!? LOL!!!


    ///100% sure SERs.Our estate worth billions to the SLA and the PAP.
    Keppel club site in two years time will be redeveloped. Sure shift over there one. By time Cantonment MRT will be almost ready.Think they let you have this facility at your doorstep.Sure for condoms or high end houses. One Square feet at $7000 or more at Central.///

    Ok lah! Hope you really SERS lah!!! LOL!!!
    Just be prepared your compensation may be only enough for replacement 3-rm BTO @ Keppel Country Club.


    Many similar cases for previous SERS in mature good locations. Nevermind lah --- can keep the cash & bunk in with your 2 sons in their new BTO!! LOL!!!

    ReplyDelete
    Replies
    1. Imbecile Fake Uni grad. No wonder kena replaced by third world wildlife grad.

      Know how to read or NOT?
      Even a PRI 3 pupil understand what I posted.

      Real cock. Anyone read my post will understand that they would not give us the luxury of having such facilities at our door steps when they can redevelop and have billions in their coffers.

      So how much they made is none of my farking business.

      It's the daft sinkies or foreign talents wildlifes gonna pay for them.

      Dont be so bitter lah. FYI claimed yourself as young intellectual can looked as old as eighty year man calling others ah pek when you looked worse than them.

      Only light exercise and can only eat prata already signified that you are a sickly man.

      Ah peh here can swim 20 laps a day and do 2 hours gym exercises. Body like Larry Scott.
      Got monies also no use. Soon up black MPV. Modern no more lorry liao.

      Delete
  41. @Virgo The Brain-Damaged Pondek,

    ///The PAPies thought that they would not like to socall subsidised twice for our own Citizens children twice.///

    KNN lar ... Ah pek --- how many times must I tell you the REASON why your son didn't get subsidised Uni is because his Poly results LOUSY LARR!!

    Even among the sea of losers on this blog, I'm sure there must be at least 1 or 2 who knows some relative getting subsidised Poly + subsidised Uni.

    ReplyDelete
    Replies
    1. Cock. At that time they preferred to have the Foreign Students above Singaporeans.

      Those already from the Polys have practically slim admissions to the local Unis.

      They do not want to double subsidize. Even though we are paying full fees.

      They wayang harped that Sinkies would be educated to the full.

      Hello, your time Uni degrees can now be used as Toilet paperd liao.

      Just Arts and what's Enons and history or chia kopi soft degrees.

      My son at least IT Specialists which are in demand now id better qualified than you.

      What's parasite War Stocks gains.

      Not even worked a Honest Day Pay for an Honest Day's work according to LKY.

      See whether your offsprings at this time of impending recession can survive like you idle Man who only knows how to brag how rich you are

      Don't you find it tiresome and others also turned off by your pompous lies and bullshits

      Delete
    2. Looks like this Nincompoop is Matialh WHO likes to use the degrading word "Pondek" to me and Mr RB

      Or is he just a parrot reciting like him?

      Or is he an AH Neh who kena pondek by his every now and then.

      Delete
  42. 5.42 pm anon, stop targeting Virgo lar. Otherwise many anons here would want to sodomize u Liao.😀

    ReplyDelete
  43. If singapore is sinking then price of flat

    For higher unit will goes up.

    ReplyDelete
  44. Virgo 49 August 19, 2019 7:50 pm
    ///Just Arts and what's Enons and history or chia kopi soft degrees.///



    Orrrrhhhhh ..... JiatLat liao

    Virgo49 said Econs "soft" degree.

    DPM Heng SK, 2nd PM Goh CT, Ex DPM and current SM Tharma, LHL son LHY, LHY eldest son LSW, Xi Jinping rt and left hand men vice chairman and VP Wang Qi Shan and vice Premier and chief trade negotiator etc etc mostly if not all studied Econs?

    Also Sg top Econs architect late DPM Dr GKS also studied Econs.

    This Virgo49 said Econs "soft" degree. "Genius"!?

    Then his son IT "hard" degree better than all these people?

    Xi Jinping and late LKY all eyes pasted stamps appointed all these Econs "soft" degree to TOP POSITIONS?

    Especially Dr GKS even been appointed Econs advisor by Deng Xiao Ping for his open door policy?

    Billionaire shrewd banker Wee Cho Yaw also eyes pasted stamps hired so many Economists paying BIG BUCK$$$ in his bank?

    Yall think Virgo49 allegation that Econs "soft" degree accurate or not?

    If so why not his son now only diploma never upgrade to Econs degree if so "soft" and thus supposedly "easy"?

    Spoke to many straight As lawyers and doctors before they said they quite "scared" of Econs cos during JCs they struggled very hard to cope with Econs... and for uni Econs mostly very steep in Math which most lawyers and doctors are NOT strong in...

    Orrrrhhhhh... Virgo49 "looked down" on Econs as "soft" degree?

    So his son with "hard" IT degree / diploma should be next PM, instead of "soft" Econs degree DPM HENG SK?

    ReplyDelete
    Replies
    1. Economists smart in Sinkieland would not have Red Dot in this Shit scenario of minus 0 percent.

      How many economists and soothsayers you need in Sinking Land?

      Delete
  45. @Virgo The Pondek,

    LOL!!! Relak lah ... Don't you know paper degrees & diplomas become obsolete after 5 yrs? If IT then after 2 yrs obsolete liao! Hahaha!!!

    I should know coz I'm your elder son's senior LOL!!! I previously already mentioned my NUS deg is in Comp Sci. Class of '92.

    (I'm guessing your younger son is the weaker one in acad studies ;))

    So I know when I say Sinkies are lousy programmers & systems developers. We are only good at sales or proj mgmt or maintaining networks & servers, & running other people's software. Ask your sons to reveal how many foreigners are in Sci Park or Samsung! LOL!!

    As for recession, I'm looking forward to it!!! Gives me plenty of opportunities to buy more War Stocks cheaply!! LOL!!!

    ReplyDelete
    Replies
    1. Samsung CEO in Singapore is a True Blue Singaporean who favoured Singaporeans.

      NOT half past six ah nehs or pinoys or past by date so called self claimed grads like you.

      Don't waste breath on insane what's War Stocks Guy like you.

      Hope the Great Recession will wipe out your bullshits stocks and you will keep your boastful Cock mouth shut

      Delete
    2. Look like the motherfucker that target virgo is the WSG who is around 51 years old. The ass should still be good enough to be sodomized though disgusting ass that matilar likes

      Delete
  46. @virgo

    ///Samsung CEO in Singapore is a True Blue Singaporean///

    Don't know if you're naive or pondek (I'm guessing pondek), but if the ceo is true blue sinkie, you can bet your ass that samsung s'pore hires a hell lot of foreigners LOL!!!

    Samsung S'pore is less of a tech or semiconductor company here, and more of retail, sales, marketing, accounts mgmt, distribution, logistics etc. Hence staffing will be plenty of "locals" and Matlanders, with significant numbers of peenois & cheenas.

    Anyway as I said, both your sons' degree & diploma are obsolete by now. It more depends on their ongoing experience & learning.

    And your older son can confirm plenty of foreigners in Sci Park. When I worked there in the early to mid 1990s for NCB, there were already plenty of FTs -- now must be worse! LOL!!!

    ReplyDelete
  47. Thirty plus year old degree obselete?

    You must be out of your mind?

    He a Web designer with multi national companies before Samsung. Employers value ex Poly and Later upgrade to a Uni degree applicant than just simply a theory tak see chek uni grad.
    Due to their hands on modules etc.

    Unlike your forty or fifty years Soft subjects of what's Arts and Chia Kopi degree which can be now used as toilet papers.

    Now only avenue is basking for a living.

    Think you smart smart know all. But actually a dud.

    Better go and pray that all your bullshits War Stocks it you really own it do not flushed into the drains.

    With your still nervy lifestyles of never ending pursuit of wealth will have you up Black MPV fast.

    Compared to my lifestyle of just enough needs with alternate swim and gym every other day and frequent short trips to my Kampong Melaka home and city above the clouds will live a ripe fruitful life.

    No worries at all with your up and down what's conned investments. Cannot even enjoy a holiday without worries.

    Pathetic. Mam does not live by bread alone

    ReplyDelete
  48. Virgo,

    I fully agree with you.

    ReplyDelete
  49. @Virgo still the Negative Pondek,

    ///Thirty plus year old degree obselete?///

    Of course!! IT qualifications are among the shortest lifespan of all qualifications.

    Ask both your sons whether what they learned 10 years ago in Uni/Poly are able to secure them jobs today?!?! Or izit what they learned & experienced on-the-job in the last 12 months that is more valuable??!?

    Especially Poly education --- it's VERY SHORT-LIVED as the training is TOO PRACTICAL and meant for IMMEDIATE INDUSTRY NEEDS and not geared for self-sustaining renewal. A lot of Poly students end up not learning how to learn.

    Hard skills get you into entry-level jobs.

    Soft skills get you into senior & top management.


    The top earners in S'pore & rest of the world are Masters in soft skills --- they may have forgotten all their hard skills which they started with many decades ago.

    Do you know that many of the top 10% earning staff in Google, Facebook, Microsoft, Twitter, Alibaba, Tencent, Uber, Grab, AirBnB etc are not STEM degree holders? LOL!!

    Virgo The Pondek's Thesis -- soft subjects are people begging on the streets playing guitar & juggling balls.

    Reality -- many smart people with arts, humanities, social science training understand maths & statistics, understand technology, understand the interactions & potential of tech intertwined with human emotions, desires, needs & wants, and are able to harness & manipulate technology to meet those needs & desires.

    A narrow-visioned engineer simply slaving over designing microprocessor circuitry or software programmer slaving over minute coding year-in & year-out will eventually get replaced by cheaper ahnehs & cheenas, or younger (and cheaper) compatriots.

    War Stocks --- to understand & analyse you need hard skills. To succeed in investing in them, you need soft skills. LOL!!!

    ReplyDelete
  50. Talking cock!

    Obselete he won't be employed

    What's farking skills in War Stocks investments

    Load of rubbish

    LOL too much be readmitted to IMH.

    ReplyDelete
  51. @Virgo the Hard Skill Pondek, @All,

    An obvious valuable lesson to all:
    Why did Virgo kena sacked/forced to resign/terminated at 55, and now forced to live on $500/mth???

    Is it:
    A) Due to lack of hard skills?

    Or
    B) Due to lack of soft skills?

    LOL!!!

    ReplyDelete
  52. i think its B. But besides this point u need to be sodomized

    ReplyDelete
  53. skills are all bs. people at the top only have one thing in common - connection- by bloodline.

    ReplyDelete
  54. @imho,

    ///skills are all bs. people at the top only have one thing in common - connection- by bloodline.///

    Ahhhh .... but you NEED soft skills to make the above happen!! LOL!!!

    You think Ah Heng or Ah Tin or Can-Fuck-In-Small-Space-Jos or Kee Chiu managed to get in with only hard skills?!?!? Hahaha!!!

    ReplyDelete