A rebuttal to PAP MP Ong Seh Hong on cultural diversity in ancient China
Dear Dr Ong, I refer to your comments in parliament as reported by Straits Times on 13 Mar 2010. You pointed out the cosmopolitan atmosphere in the Tang dynasty capital of Chang An and the foreignness of one of China's greatest poets, Li Bai to illustrate the importance of an open-door policy and of tolerance to a nation's...
A rebuttal to Tharman’s claims that Singapore’s economic growth benefits all citizens
Dear Mr Tharman, I refer to your Budget speech as reported by Straits Times on 6 Mar 2010. You highlighted the impressive growth in Singaporeans' incomes from 2005 to 2008. But the explosion in HDB and property prices from 2006 to 2009 is even more impressive. Thus, Singaporeans who bought their first homes during...
‘Not realistic’ for GIC to avoid making any losses?
Dear Mrs Lim, I refer to your comments in parliament as reported by Straits Times on 10 Mar 2010. Your said it is not realistic to avoid losses on every investment (that GIC makes). But that is not the issue at hand. The issue is the magnitude of those losses versus the supposed talent that GIC has. What value are...
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