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Dear GMS As noted in an earlier post, Singapore has been a well known international cheapskate for the World Bank UN ADB and WHO etc etc. Why the generosity on this one issue ? I put it to you it is in our national interest that there is some form of stability in global trade and capital...

Dear Lon Why why is it so hard to explain the market to a supposedly trained economist. Why Why is it so hard to get someone to stop worrying about that spot of rain and losing billions when possible economic havoc on the scale of trillions is on the cards. Well welcome to the world of...

Dear GMS Firstly the IMF is the lender of last resort but it is also SUPER SENIOR debt, it gets paid first. Its not very profitable but it gets paid and maintains a rate of return equal to protection of principle plus inflation. Lehmans Minibonds is a different kettle of fish in...

Dear GMS So a question of how much ? When half of your reserves are denominated in a foreign currency and or foreign assets. Doing your utmost seems the most logical option, Penny Pinching , waffling saying well I should do less, because I am not so rich the riche should do more...

Dear GMS Here is when conflation and confusion and a good soundbite gets in the way of sound policy and discussion. Hey why not throw a little conspiracy in to begin with as well. The IMF is not owned by Tharmen or the SG Gov. More democratic countries with smarter politicians...

Dear. GMS it's at times like despite the fact that u r a trained economist I am glad you are not anywhere close near the levers of power. There are two separate issues at hand processes and policy and whilst I can agree that the processes suck, the policy remains a wise one...

Dear GMS It is a dog eat dog world, and Singapore has refined it to a fine art. Vis sa vis our GDP size, do u know how much Singapore contributes to a) world bank b ) asia development bank, c) Who and d) all manner of international organizations ? We give loans to the IMF because it is...

Dear London, Its a question of balance, I guess at the end of the day,perhaps an emergency session of parliament, some debate before the deed is done is necessary, engaging the opposition icing on the cake , political PR but the substance cannot change. The substance is a need...

Dear GMS I attach below an article vis sa vis the IMF by Kenneth Rogoff as distinguished a critic of its operations and methodology as any. The distinguishing factor for any IMF loan to a country is that it remains super senior and repayment of it supersedes any private sector debt...

Dear Scroo With the legal grounds clearing, I would feel that his sentence is about right under the old act and by the fact that according to circumstances he managed to mitigate and argue to a lower charge. I am of the view that his act is common enough that every one of us would know a...

Dear Narong Within the cases cited by TOC, I believe justice has been done. He was fortunate that the offense was committed under the old act and not the new. I have already stated broadly my objections to the new act and how it shifts from the traffic act to the penal code,what was...

Dear Scroo, His uncle or somewhere in the family tree is an ex Police Com or Asst Police com as well. The recognition of being a world class plastic surgeon is by his peers globally. Plastic Surgey and reconstructive surgery in terms of the demands on skill and medical knowledge...

Dear Score I can't belief how people can still argue against success till they are blue in their face. Nice RP and others. A common thread or disagreement amongst all is a desire to oppose the PAP with an intent to Replace versus just opposing as a responsible opposition but not an...

Dear Scroo I started at 59 plus minis 0.5 and dropped my bet to 54 +- 0.5 midway as the attacks by TCH grew and when the PM started giving his 2 cents worth about a fresh start. TCH practically threw everything but the kitchen sink and the vote still held strong. The amount of...

Re: TCH "why WP ask you to send huat ah to Parliament, when they dun choose him as NC Dear Broccoli, The question is how strong is that absolute " would vote a donkey" opposition vote and the "swing undecided" vote. Hougang has now become a true battleground which previously would have...

Dear My Sales is important but the manner must not be overlooked ? What sort of insecure manager are u ? The only issue is sales sales sales, how he or she does is it irrelevant, whether she is loyal, or half loyal or an ass kisser, whether he sucks cock, fucks pussy, fucks assholes or is...

Dear Myfoot, In any sales organization, the issue of performance as an individual is clear. In a political organization , and or party, the issue of performance is less so. Would you object as to the manner in which your top sales performers exceeds his target ? If you define performance...

Dear Perspective, Honestly If you cannot manage the egos and expectations of second division minority players, and you expect by raising standards to recruit and manage Premiership League minority players ? The issue is not a matter of CECship or not but rather Cadreship, and...

Dear Score The problem is not in itself the existence of "internal strife" "ambition" "dissent" The problem is its management and the leadership ethos behind it. The PAP sought and has successfully sought renewal without care, recruiting, parachuting and turning them into overnight...

Dear My, If Dr Poh turns out to be Dr Iscariot Poh, then the blame lies as much with Low and his leadership style as it does with the individuals. Social workers work for a greater good, they are altruistic by nature, Politicians are not altruists , they are ambitious and egotistical period...