Tharman's Stock deteriorating

dr.wailing · Jul 27, 2014

enterprise2 said:
......It's like the 6.9m, nobody believe they will stop at 6.9m......

More than 40 years ago, how many Sinkies were university grads with bachelor or master's degrees?

Nowadays more and more Sinkies have at least a master's degree. They have good analytical skills and can think through issues.

For example they don't believe the government will stop population growth when the total population hits 6.9 million inhabitants. Why? Just look at LTA's roadmap for 2030. It's planning to have more than 320 km of rail line. C'mon why would a city-state (from North to South about 27 km, from East to West about 47 km) aim for more than 320 km of rail line? It's not cheap to build and maintain such massive infrastructure.

escher · Jul 28, 2014

virus said:
I wannabuy piano strings. Does escher do m.o.?

Mailing cost will be high as I live in nearby galaxy.
So better you get that yourself.

Or get old car or bicycle tyre which will be a nice garland for PAP when doused with petrol and set on fire

scroobal · Jul 28, 2014

A number of fashionable terms have been used in the past and the latest that bloggers and local intelligentsia like to use is "the social compact". Its basically trust that forummer Enterprise refers to . They have become shady, unable to give a straight answer and as elusive as the 2nd hand car dealer.

halsey02 · Jul 28, 2014

scroobal said:
A number of fashionable terms have been used in the past and the latest that bloggers and local intelligentsia like to use is "the social compact". Its basically trust that forummer Enterprise refers to . They have become shady, unable to give a straight answer and as elusive as the 2nd hand car dealer.

They are even shadier than the "koyot seller" of the past, with the , Sound, music & drama"....

makapaaa · Jul 28, 2014

Tartman, like all my minitoots, is just my eunuch.
Nobody knows our Familee's books better than ourselves.
You Stinkees donch be so kay poh and just be contented with you bowl of coolie rice or I will feed you to my FT pets.
Do you Stinkees get it? *chey*

sirus · Jul 28, 2014

Acanthodes said:
Buy high sell low.

Why not? Easy money from the cheap fund.

halsey02 · Jul 28, 2014

sirus said:
Why not? Easy money from the cheap fund.

People do not really understand this, the PAP government have access to an extremely cheap unlimited funds ( CPF) in which no other government on this earth can have, without any restrictions, protest. They can, enact laws, rules & conditions to prevent us from touching our hard earned, blood , sweat & tears money & this cannot go on for another 50 years....one day, the people, will wake up to find out...the money is gone..can you be so trusting & so charitable??

:mad:

Reddog · Jul 28, 2014

halsey02 said:
People do not really understand this, the PAP government have access to an extremely cheap unlimited funds ( CPF) in which no other government on this earth can have, without any restrictions, protest. They can, enact laws, rules & conditions to prevent us from touching our hard earned, blood , sweat & tears money & this cannot go on for another 50 years....one day, the people, will wake up to find out...the money is gone..can you be so trusting & so charitable??

Without being able to see the actual state of the "account", how are you to be sure that there really is anything significant left to be checked when we are able to ?? Bernie Maddof used to be as trusted too until the ball dropped.

Confuseous · Jul 28, 2014

laksaboy said:
Tharman's stock had dropped ever since he said this:

[video=youtube;4X61EJk3oaM]http://www.youtube.com/watch?v=4X61EJk3oaM[/video]

Anything coming out of his mouth after that can be safely disregarded.

No one gets a second attempt at insulting our intelligence.

For for me, he became a piece of talking shit when he said that the rising costs of COEs should not be a matter of concern for those who do not intend to buy a vehicle, especially for lorries and cars.

He was the finance minister when he said that. What a big piece of shiny shit.

Hans168 · Jul 28, 2014

enterprise2 said:
The problem is no one trust the gahment anymore!

Dr Cahterine Lim said so but PAPigs are incensed.............. hard truth man!!
Now PAPigs using Melayu minister (&mozzie) colleagues to wish all mozzie Selamant Aldifiltri...!! A departure from past practice.
Dun tell me the melayu oso pissed with PAPigs with full loss of trust? Allahu Akbar

Sinkie · Jul 28, 2014

Just because one holds the appointment, does not automatically mean one deserves the appointment.

po2wq · Jul 28, 2014

enterprise2 said:
The problem is no one trust the gahment anymore! ...

y do dey allow demselves 2 b degraded 2 a bunch of crooks? ...

shittypore · Jul 28, 2014

po2wq said:
y do dey allow demselves 2 b degraded 2 a bunch of crooks? ...

Money, money and more Money, so easy meh! Familee do it legally
they too join in and take a small piece of the pie.

soikee · Jul 28, 2014

What Imelda Marcos plundered from the state compared to Whore Jinx, Imelda's loot was peanut.

Simple arithmetic...... $12m to $18m per annum as from 2004 was plundered legally by the Whore with her husband's connivance.

escher · Jul 28, 2014

soikee said:
What Imelda Marcos plundered from the state compared to Whore Jinx, Imelda's loot was peanut.

Simple arithmetic...... $12m to $18m per annum as from 2004 was plundered legally by the Whore with her husband's connivance.

Do not fucking joke!

The LEE/KWAs got BILLIONS all stolen from us.
You must count by the fucking BILLIONs not kuchingkurad millions

PIANO WIRES FOR THAT ENTIRE FAMILIES FOR THOSE NOT HOOTED IN THE BIG HOOTING ONCE SMEAR OF SHIT ON SOLE OF SHOE LKY BECOME A ROTTING CORPSE

Leepotism · Jul 28, 2014

makapaaa said:
Tartman, like all my minitoots, is just my eunuch.
Nobody knows our Familee's books better than ourselves.
You Stinkees donch be so kay poh and just be contented with you bowl of coolie rice or I will feed you to my FT pets.
Do you Stinkees get it? *chey*

Did Temasek Holdings use Singaporeans’ CPF to invest? You can read about this here.

淡马锡控股有用新加坡人的公积金去进行投资吗？你可以在这里阅读关于这件事情。

ZorrorroZ · Jul 28, 2014

enterprise2 said:
The big problem is there seems to be no limits to where the MIWs r prepared to go. 6.9m, maybe next time 7.5 m and so. CPF min sum $155k now, maybe $170k or $200k.... Withdrawal age 55, 62, maybe 70, 80.... the list goes on and on....All the reassurances r now bullshit to a lot of people...

There's no MAYBE about it. It's written in stone. Chop, confirm, sealed.

In 2006, I realised the inflation rate used by the CPF was close to 6% per annum since the Minimum Sum scheme was introduced in 2003. I used that rate to forecast the amount I would be dealing with at the year I turn 55 and I didn't like what I saw (if things continue to go on the same way). Sadly, a decade of data reaffirms that the Minimum Sum has been increasing around 6.3% year-on-year, worse in the 6% rate I used to project in fact. I would update my calculations today:

6a0e1780-d66b-11e3-b6ad-29d1c87c1638_630yahoo_cpfincreasetable.jpg

If you are 50 years old today, your Minimum Sum by your 55th birthday is likely to be $207,000
If you are 40 years old today, your Minimum Sum by your 55th birthday is likely to be $371,000
If you are 30 years old today, your Minimum Sum by your 55th birthday is likely to be $665,000
If you are 20 years old today, your Minimum Sum by your 55th birthday is likely to be $1,119,000

http://asingaporeanson.blogspot.com.au/2014/06/the-cpf-scheme-that-led-me-thinking.html

shittypore · Jul 28, 2014

Save for em to Gamble and make their Generation get rich, true facts.

aurvandil · Jul 29, 2014

There is no cheap way out of this situation. A study with good sample size which I am aware of suggests that Singaporeans are looking for 6% to 8% returns on their CPF savings. Any rate of return below that and they feel that the PAP jiak them. The modest 0.5% increase which they are thinking of is therefore completely inadequate to resolve the situation. They are going to have to do something a lot more dramatic or this will haunt them in GE 2016 like the way high HDB prices haunted them during GE2011.

Also heard it is going to be GE2016. Almost zero chance for a GE2015 - a great a deal of fear and a complete collapse of confidence in facing the Singapore electorate.

scroobal said:
A number of fashionable terms have been used in the past and the latest that bloggers and local intelligentsia like to use is "the social compact". Its basically trust that forummer Enterprise refers to . They have become shady, unable to give a straight answer and as elusive as the 2nd hand car dealer.

Satyr · Jul 29, 2014

"
Also heard it is going to be GE2016. Almost zero chance for a GE2015 - a great a deal of fear and a complete collapse of confidence in facing the Singapore electorate. "

Quite a dilemma for them. The longer they wait the more votes they lose. It is getting pretty irrational now. When I got a traffic ticket with a hefty fine I wondered how many people like me had a knee jerk reaction like "dammit, wish the GE was tomorrow".

Tharman's Stock deteriorating

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