True Blue Paper General
A friend told me in a survey, questions were asked about “Paper Generals” and how confident do we have in these Paper Generals running private corporations and politics. Surprisingly, most people don’t dare to speak the truth with regards to their total lack of confidence. Some said because the survey first talk about...
Singapore ministers very poor thing, GDP up 50% but their pay still down
Ah Kow: Bro, u think our ministers poor thing or not? Their pay hentak kaki for 5 years already. Arumugam (pointing to chart on laptop): Kow is right. Pay of ministers have been stagnant since 2012 Ah Kow: Many people say our GDP grow a lot every year. That means ministers all work hard right? Ahmad: U believe this GDP...
Actual Reserve vs Projected Estimate of Reserves
The Projected Estimate of Reserves should have crossed $1 trillion by 2005 under conservative estimation. This is calculated by adding all: - land sales revenue - foreign direct investment - CPF contributions - Yearly budget surpluses and deficits - Compounded returns of reserves - Transfers from statutory boards and assets...
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