MP David Ong said there's no crony capitalism in Singapore

[Leepotism]

Parliament: PAP MP rebuts WP member's 'crony capitalism' charge





PAP MP for Jurong GRC David Ong.







BY CHIA YAN MIN

A Workers' Party (WP) member's charge of crony capitalism in Singapore was rebutted by PAP MP for Jurong GRC David Ong yesterday. He cited international indices that have consistently ranked Singapore as among the least corrupt countries in the world to make the point that "there is no room for crony practices in Singapore".

On Tuesday, WP Non-Constituency MP Gerald Giam had said that Singapore came in fifth among 23 countries on an index measuring crony capitalism by The Economist magazine.

Singapore should be on guard against "rent-seeking" behaviour here, meaning businesses or individuals "trying to make more money without producing more for customers", Mr Giam had warned. Some examples of rent-seeking include forming cartels, or lobbying for changes in regulations that benefit a company at the expense of customers.

Yesterday, Mr Ong said he fully agreed with Mr Giam that the Government should be on guard against rent-seeking, especially in major industries. "That is why the Government introduced the Competition Act in 2004 and established the Competition Commission of Singapore to protect consumers and businesses from anti-competitive practices of private entities," he said.

 

[Leepotism]

Singapore ranks 5th in crony-capitalism: PAP and parasites

​

Recently, Economist came out with a crony-capitalism index, which Singapore finds herself ranks 5th out of 23 countries. The ranking is based on crony billionaire wealth versus GDP. Crony billionaire is defined by those who engage in rentier economy, or in short being an economic parasite. The rent seeking sectors are as below.

​

Are our elites talent or blood suckers?

Despite PAP's self-bragging of "clean and efficient" government, Singapore rank very top in crony capitalism, way above those countries steep in corruption such as China and India. In reality, corruption in Singapore, could be worse than any place on the earth, as it is being institutionalize, with full impunity.

Elsewhere, cronies or government officials are liable to be charged for bribing. PAP is much clever. Scandalous amount of monies are transferred to the political and bureaucractical elites via astronomical salary. The business leaders then fleeced the peasants by imposing exorbitant property prices.

North East Asia model -- A better way of doing things

Looking at Japan, South Korea and Taiwan, one find very much less people prospering through parasitic activities. In short, North East Asian tycoons are more likely to accumulate wealth by creating values to the society, by creating companies such as Samsung, Mediatek, TSMC or Sony....etc.

One of the reason why North East Asia succeed and we fail is because PAP does not like anyone, other than their friends and cronies, running big business. During the take off years of North East Asia, never mind how corrupt and brutal the dictators were, they were able nurture business and scientific talents who were never sycophants or yes-man.

The parasitic class in Singapore in destroying everyone here

The good old days of Singapore parasite especially landlords would have been long gone since 1998 financial crisis, and given the backdrop of aging population. The destruction of parasite will be good for Singapore because as property price decreases, Singaporeans will marry earlier, incur less debt and have more children, in the end will move property price up again, in an entirely organic manner.

Unfortunately, our parasite will have none of those. Since then, our population ponzi accelerated. The people suffer more and more. Meanwhile our parasites cheer.

The demise of Singapore may be inevitable.

 

[Lordshiva]

The question for this David Ong dog is very simple......


would he tell you the truth if there was some crony capitalism?


if not, then you can ask him whether his cock is long enough to touch his asshole......

 

[virus]

Ah ong care to explain how come got so many blood leelations hoarding top posts n how come got so many dpm sm in small country.

 

[escher]

The question for this David Ong dog is very simple......


would he tell you the truth if there was some crony capitalism?


if not, then you can ask him whether his cock is long enough to touch his asshole......





View attachment 15482

Ah ong care to explain how come got so many blood leelations hoarding top posts n how come got so many dpm sm in small country.

MAKE IT VERY CLEAR THAT THE FUCKING PAPs ARE SCREWING AND SUEING THE SINGAPOREANS
AND NOT JUST ROY

PAPs ARE ATTACKING SINGAPOREANS BY THIS ATTACK ON ROY
PAPs ARE FIXING THEIR PIANO WIRES AROUND THE NECKS OF SINGAPOREANS
PAPs ARE FIXING THE NECKLACE OF BURNING CAR TYRES ON THE NECKS OF SINGAPOREANS
WILL SINGAPOREANS REMAIN HEAD DOWN DOWN AND ARSEHOLES UP HIGH HIGH FOR PAPs TO FUCK
AND TO TIEW AND TO TIE PIANO WIRES?

TURN UP AT THE RALLY AT HONG LIM TO SUPPORT ROY AND SHOW PAPs WE FIGHT THIS TIME
ENOUGH IS ENOUGH


Hang those PAP maggots cockroaches with piano wires from lamp posts to make them dance before it is too late and we have no more CPF to get back.
BBQ those PAP maggots cockroaches before it is too late and we have no more CPF to get back.
Cut a few more arseholes into those PAP maggots cockroaches to let out their shit before it is too late and we have no more CPF to get back.
Make those PAP maggots cockroaches eat joss sticks and candle wax before it is too late and we have no more CPF to get back.


GET RID OF THE POISON IN SINGAPORE
HANG ALL THOSE FUCKING PAPs AND THEIR COLLABORATORS
BBQ THE BASTARD PAPs

AND SINGAPORE CAN BE AS GOOD IF NOT BETTER THAN SWITZERLAND

OR REMAIN HEAD DOWN DOWN AND ARSEHOLES UP HIGH HIGH TO BE FUCKED TO BE TIEWED TO BE KANNED BY THE PAP MAGGOTS COCKROACHES

Kill them all PAPs
Let GOD sort out the good from the really bad ones
The good PAPs can then eat joss sticks and candle wax from time to time
The bad PAPs like smear of shit on sole of shoe LKY will be raped and tiewed and kanned by legions of ghouls and demons and not ever
get time off to eat joss sticks and candle wax

Hang those PAP maggots cockroaches with piano wires from lamp posts to make them dance before it is too late and we have no more CPF to get back.

BBQ those PAP maggots cockroaches before it is too late and we have no more CPF to get back.

Cut a few more arseholes into those PAP maggots cockroaches to let out their shit before it is too late and we have no more CPF to get back.

Make those PAP maggots cockroaches eat joss sticks and candle wax before it is too late and we have no more CPF to get back.


None of those in PAP work for anyone but that smear of shit on sole of shoe LKY, to help him hold down Singaporeans to screw and fuck hundreds of BILLIONs from us all into smear of shit on sole of shoe LKY stinkapore sovereign funds.

They are there in PAP because LKY know that they are a bunch of self serving greedy bastards and scrapings of scums of society. To call them maggots cockroaches will be to insult real maggots and real cockroaches.
LKY will never allow good decent people into the PAP and good decent people will not want to get into the PAP.

Those in PAP are the most corrupt and moral degenerates and moral bankrupts and moral filths that are being presented to stinkaporeans as moral compasses.

Despite the leeching and fucking of singaporeans by the cheebye PAP and LKY, Singapore still managed to survive to date.
Despite their being hung as a fucking millstones around the necks of Singaporeans and the idiocy and corrupt manipulations of PAP and LKY, Singapore still not dead yet.

WE ALL ARE NOW WAITING FOR THE DEATH OF LKY IN COMING DAYS OR WEEKS.
WE ALL WILL YUM SENG AND YUM SENG AND YUM SENG AGAIN AND AGAIN DANCING SINGING ON TABLE TOPS AND STREETS

WE THEN WILL SEE THOSE IN PAP WITH SHARPENED KNIVES HOOTING ARSEHLOON A DOZEN NEW ARSEHOLES AND THE DEATH OF THE ENTIRE LEE KWA CLAN

WE THEN WILL PICK UP PIANO WIRES AND HANG ALL THOSE REMAINING PAP AND THEIR COLLABORATORS FROM LAMP POSTS AND SEE THOSE BASTARDS AND BITCHES DANCE.
AND HAPPINESS WILL RETURN TO OUR LAND.

AND STINKAPORE WILL BECOME SINGAPORE ONCE MORE.

https://www.torproject.org/about/overview.html.en

 

[makapaaa]

Who is this crony? All of a sudden, the sleeping cronies kena beaten awake by their master to start performing their duties to defend the Familee. Since when was the last time this crony spoke? 60%, song bo?

 

[makapaaa]

[video=youtube;srsC8Vnck-I]http://www.youtube.com/watch?feature=player_detailpage&v=srsC8Vnck-I[/video]

Forced to eat leftover food when young woh! And beneficiary of meleetocracy woh!

 

[sochi2014]

He looks like he got that sibeh aiwan look. Like not beri convincing people.

 

[Brightkid]

Suggest he produce an organization charts of government, statutory boards and maybe suppliers, and showing relationships, maybe he can prove himself correct?

 

[Papsmearer]

Giam should have just replied, if there is no crony capitalism, than why is the PM family law firm Lee and Lee handled over 90% of the HDB flat conveyancing?

 

[escher]

WHICH IS WHY I SAY HANG ALL THOSE PAPs AND COLLABORATORS WITH PIANO WIRE TO LET THEM DANCE UNDER THE LAMP POSTS

A TOTAL CLEANSING OF THE FILTH OF PAP MUST BE DONE FOR STINKAPORE TO BECOME SINGAPORE




MAKE IT VERY CLEAR THAT THE FUCKING PAPs ARE SCREWING AND SUEING THE SINGAPOREANS
AND NOT JUST ROY

PAPs ARE ATTACKING SINGAPOREANS BY THIS ATTACK ON ROY
PAPs ARE FIXING THEIR PIANO WIRES AROUND THE NECKS OF SINGAPOREANS
PAPs ARE FIXING THE NECKLACE OF BURNING CAR TYRES ON THE NECKS OF SINGAPOREANS
WILL SINGAPOREANS REMAIN HEAD DOWN DOWN AND ARSEHOLES UP HIGH HIGH FOR PAPs TO FUCK
AND TO TIEW AND TO TIE PIANO WIRES?

TURN UP AT THE RALLY AT HONG LIM TO SUPPORT ROY AND SHOW PAPs WE FIGHT THIS TIME
ENOUGH IS ENOUGH


Hang those PAP maggots cockroaches with piano wires from lamp posts to make them dance before it is too late and we have no more CPF to get back.
BBQ those PAP maggots cockroaches before it is too late and we have no more CPF to get back.
Cut a few more arseholes into those PAP maggots cockroaches to let out their shit before it is too late and we have no more CPF to get back.
Make those PAP maggots cockroaches eat joss sticks and candle wax before it is too late and we have no more CPF to get back.


GET RID OF THE POISON IN SINGAPORE
HANG ALL THOSE FUCKING PAPs AND THEIR COLLABORATORS
BBQ THE BASTARD PAPs

AND SINGAPORE CAN BE AS GOOD IF NOT BETTER THAN SWITZERLAND

OR REMAIN HEAD DOWN DOWN AND ARSEHOLES UP HIGH HIGH TO BE FUCKED TO BE TIEWED TO BE KANNED BY THE PAP MAGGOTS COCKROACHES

Kill them all PAPs
Let GOD sort out the good from the really bad ones
The good PAPs can then eat joss sticks and candle wax from time to time
The bad PAPs like smear of shit on sole of shoe LKY will be raped and tiewed and kanned by legions of ghouls and demons and not ever
get time off to eat joss sticks and candle wax

Hang those PAP maggots cockroaches with piano wires from lamp posts to make them dance before it is too late and we have no more CPF to get back.

BBQ those PAP maggots cockroaches before it is too late and we have no more CPF to get back.

Cut a few more arseholes into those PAP maggots cockroaches to let out their shit before it is too late and we have no more CPF to get back.

Make those PAP maggots cockroaches eat joss sticks and candle wax before it is too late and we have no more CPF to get back.


None of those in PAP work for anyone but that smear of shit on sole of shoe LKY, to help him hold down Singaporeans to screw and fuck hundreds of BILLIONs from us all into smear of shit on sole of shoe LKY stinkapore sovereign funds.

They are there in PAP because LKY know that they are a bunch of self serving greedy bastards and scrapings of scums of society. To call them maggots cockroaches will be to insult real maggots and real cockroaches.
LKY will never allow good decent people into the PAP and good decent people will not want to get into the PAP.

Those in PAP are the most corrupt and moral degenerates and moral bankrupts and moral filths that are being presented to stinkaporeans as moral compasses.

Despite the leeching and fucking of singaporeans by the cheebye PAP and LKY, Singapore still managed to survive to date.
Despite their being hung as a fucking millstones around the necks of Singaporeans and the idiocy and corrupt manipulations of PAP and LKY, Singapore still not dead yet.

WE ALL ARE NOW WAITING FOR THE DEATH OF LKY IN COMING DAYS OR WEEKS.
WE ALL WILL YUM SENG AND YUM SENG AND YUM SENG AGAIN AND AGAIN DANCING SINGING ON TABLE TOPS AND STREETS

WE THEN WILL SEE THOSE IN PAP WITH SHARPENED KNIVES HOOTING ARSEHLOON A DOZEN NEW ARSEHOLES AND THE DEATH OF THE ENTIRE LEE KWA CLAN

WE THEN WILL PICK UP PIANO WIRES AND HANG ALL THOSE REMAINING PAP AND THEIR COLLABORATORS FROM LAMP POSTS AND SEE THOSE BASTARDS AND BITCHES DANCE.
AND HAPPINESS WILL RETURN TO OUR LAND.

AND STINKAPORE WILL BECOME SINGAPORE ONCE MORE.

https://www.torproject.org/about/overview.html.en

 

[steffychun]

It's like saying there's no prostitutes in Singapore..

 

[rushifa666]

I'm sure the nazis say they were not racist too

 

[ByTheWay]

By the way pigs can fly.