Temasek and SMRT CEO/buddies will be enriched by new rail financing framework, commuters screwed
I refer to “SMRT CEO: New rail financing should cover fare-revenue risk”. According to CEO Desmond Kuek, the “new rail financing framework (NRFF) should help operator SMRT Corporation shoulder the risk of fare revenue”. NRFF = taxpayers + commuters. But really, where is the risk when: – public transportation is a public...
Pithy observation
Minimum Wage When is a minimum wage not a minimum wage? When it is a progressive wage. One of the often used reason why minimum wage should not be implemented is because it can then be the ‘maximum wage’. Meaning that employers will just stick to the minimum wage and keep it at that. Are these NTUC people that dull? The...
The PAP is only a custodian – and not owners – of Singapore
The PAP is often confused. It forgets that it does not own Singapore. It is merely a custodian of our Land and Republic. It approaches all elections, even by-elections, with a hissy fit. It takes umbrage that the lowly and undeserving Opposition would even dare think of challenging the PAP, a party of considerable pedigree....
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- PAP mandate strong on The rapidly spreading HMPV virus you haven’t heard of
- PAP mandate strong on Public Housing HDB
- 50 year-leasehold on Public Housing HDB
- Liar on Public Housing HDB
- Sporeans Keep Govt Employed on The rapidly spreading HMPV virus you haven’t heard of
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