Who holds the 1st key?
The Elected President holds the second key to our reserves. But who holds the first? It can’t be the government (Cabinet) since they are requesting the money. In a representative democracy, as in ours, parliament holds the first key. They represent the people and gives the people’s consent when the government wants to draw...
Real Singapore Reserves Revealed
Foreward: I have worked out the size of the Singapore reserves. The only person in Singapore that can show you this. It has a pretty high level of confidence you can take it to the bank. As the presidential election heats up, the ruling party feels enough unease of an outsider Tan Kin Lian nipping 2 contenders backed by them....
Tan Kin Lian Is No Johnny-come-lately Independent
Unlike Tharman who was part of the PAP government for 22 years and a grandee of the Party, or Ng Kok Song who was with MAS and GIC for decades as well, Tan Kin Lian has no need to come up with ridiculous reasons as to why he is Independent. I was alongside Tan Kin Lian on many occasions at Hong Lim Park when we both spoke out...
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