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  1. A

    Proof That Welfare For Poor Lazy People Breeds Crutch Mentality

    What's wrong with being happy as a toilet cleaner, if the guy chooses to do so?
  2. A

    Rebutting Tan Kin Lian's call for a minimum wage

    Why are those people earning less than foreign maids?
  3. A

    Proof That Welfare For Poor Lazy People Breeds Crutch Mentality

    I don't know about economics, bro :) But I do know that if I don't want to hire the person, even if there is a min wage, it does not make any difference to me, especially when there are many hungry foreign workers from other countries competing for the same job.
  4. A

    Proof That Welfare For Poor Lazy People Breeds Crutch Mentality

    Min wage is useful when applied to those that could be hired. If the worker is a useless worker, then that person won't be hired in the first place, whether or not there is a min wage.
  5. A

    ST Forum: Town Council losses: Who's accountable?

    The fund manager is accountable
  6. A

    Why Singapore Power must continue to make money

    In Singapore Power's annual report (31 March 08), the group balance sheet listed intangible assets of $4.57bn. The main item there is a $3.27bn "goodwill". When a company buys something and pays a price above the value of the net tangible asset (sometime known as fair value) of that...
  7. A

    Leong Sze Hian wacks HDB hard at Hong Lim Park !!

    Err... if in US delinquency rate for all loan is 5+% and in Singapore delinquency rate for 90 days loan is ALREADY 8%.. then doesn't that mean the situation in Singapore is much worse...? I suppose not... need to compare apple with apple... I think Leong is comparing 5+% 90 days delinquency...
  8. A

    Leong Sze Hian wacks HDB hard at Hong Lim Park !!

    Did not do any analysis, but I note that LSH is talking about delinquency over 90 days, a sub set of the sub prime loan.
  9. A

    Video: Tan K L is very angry at PAP, scolds its MPs for bochap

    No. But what is the point here? -- What has town councils, Temasek & GIC losing money got to do with MPs and ministers ordering investigations into whether the banks have brokern any law when selling the structured products?
  10. A

    Leong Sze Hian wacks HDB hard at Hong Lim Park !!

    Yes, citing the source of data is important...
  11. A

    Leong Sze Hian wacks HDB hard at Hong Lim Park !!

    I think property is too expensive now...
  12. A

    Tan Kin Lian's Address to the Nation, 6 Dec 08

    bottomline hit, gun blares?
  13. A

    Tan Kin Lian's Address to the Nation, 6 Dec 08

    scali another indian culture dance near by?
  14. A

    Marginally good article

    I actually missed out Kishore's earlier call to spend on additional marketing for Singapore... I am sure MFA diplomats would love that :D
  15. A

    Couple on sedition trial - Straits Times article

    Maybe too fervent...
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