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Crony Capitalism and Minion Society

Crony Capitalism and Minion Society

I was having a chat with a few Singaporeans doing business here in HK. And naturally the issue of the $800K Rubbish Bin became the top topic. I told them that they have made the right choice to move out of Singapore and do business elsewhere because PAP will not allow anyone not within their power sphere to get too rich. This... 

Shameful

Shameful

Shameful, so shameful. Seriously, super malu la. Our elite red beret contingent was marching in much disarray during the recent NDP rehearsal. What is even more disgraceful is that the elite commandos won the best combat unit and I count myself as a proud for Honour and Glory CDO soldier in the seventies when the late Dr Goh... 

Three Big Lies about the National Reserves

Three Big Lies about the National Reserves

"The national reserves must not be disclosed. If this is made public, the SGD can be subject to attacks by currency speculators" is the mantra of the Singapore government. Enough of this nonsense. Speculative attacks happen during a currency crisis. A currency crisis is a consequence of chronic balance of payments deficits... 



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