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  1. C

    GMS Selling Home To Contest Election 吴明盛破釜沉舟背水一战

    Whether he "helps" the party or not is not the issue. The issue is how much he stands to lose at the end. It's not the few hundred thousands that some of the gullible has been led to believe. We are now told that it is $30-$40K. Agree. But if you look at the PEP politicians that we have...
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    GMS Selling Home To Contest Election 吴明盛破釜沉舟背水一战

    Goh Meng Seng has just posted this in his thread: "Originally Posted by Goh Meng Seng I have categorically stated that the amount of cash that could be gained from such sales would only be about $30K to $40K. Just a small amount to chip in for the party War Chest to help finance other...
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    GMS Selling Home To Contest Election 吴明盛破釜沉舟背水一战

    The issue is not about me not being able to understand the obvious that money is required for elections. It is about your announcement through a third party which has led the gullible to think you were going to sacrifice a few hundred thousand dollars for country and citizens. It is about you...
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    GMS Selling Home To Contest Election 吴明盛破釜沉舟背水一战

    No sin in not being able to read Chinese, Goh. You really ought to stop trotting out such lines. It doesn't go down well with the 25% of the electorate (and even Peranakan Chinese) who will decide your fate. My reasoned "assumptions" were pretty spot on as far as I can tell and based on...
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    GMS Selling Home To Contest Election 吴明盛破釜沉舟背水一战

    This was what Perpective posted: "Originally Posted by Perspective Are you the financial adviser of GMS? Thought you wouldn't touch him with a ten foot pole. Why would you decide for him that he should be putting his money in CPF?" This was my reply to him: "You should be happy that...
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    GMS Selling Home To Contest Election 吴明盛破釜沉舟背水一战

    Just because I have not elaborated on it does not mean I am trying to "mislead". People have been jailed for underdeclaring their income from their businesses. In fact, some people even cite business "losses" when they have actually made considerable profits and because they don't want to...
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    GMS Selling Home To Contest Election 吴明盛破釜沉舟背水一战

    I have not forgotten the upfront cost and in fact, cited the $67,500 deposit for a 5 men GRC team as one of the upfront cost. However, that fact remains that any candidates standing for election will lose, in my very generous estimate, no more than $30,000. The figure you provided is even...
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    GMS Selling Home To Contest Election 吴明盛破釜沉舟背水一战

    Let's not kids ourselves. There is no doubt that the PAP ministers and politicians are greedy. But that does not mean that just because you are an "opposition" politician, you are different from them. Look at Steve Chia. Barely 5 months into the job and he was asking for his NCMP allowance...
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    GMS Selling Home To Contest Election 吴明盛破釜沉舟背水一战

    I deliberately showed that those are 1991 figures since none were publicly and readily available for other years for comparison. That is also why I am using $30,000 maximum loss based on current year even though Seet Ai Mei, highest spender, spent $23,913 but still lost. It is to provide for...
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    GMS Selling Home To Contest Election 吴明盛破釜沉舟背水一战

    You can call it "lousy argument". however, the fact remains that even those who call themselves "opposition" are constantly looking for "better" candidates and pat themselves on the back when they find one. What do you think they are referring to when they say "better"? Poorer? With not even...
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    GMS Selling Home To Contest Election 吴明盛破釜沉舟背水一战

    You should be happy that I am assuming that GMS is honest in his tax returns, has some grey matter between his ears and has, as a matter of simple common sense, chosen this option. How can it reduce your liquidity when instead of using the same money to pay cash upfront, you are instead...
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    GMS Selling Home To Contest Election 吴明盛破釜沉舟背水一战

    I have provided you with hard facts and figures which can be easily verified using a mouse, keyboard and google. Why don't you come up with hard figures instead of relying on the usual and trite "half-truths" and "half-stories" line? Tell me exactly which are the "half truths and half...
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    GMS Selling Home To Contest Election 吴明盛破釜沉舟背水一战

    This is not how Singaporeans see things. They want "successful" people to be their representatives in Parliament. "Success" is defined as people with a minimum of a degree. PhDs and MBAs are better. "Success" is defined as people who have done well in their careers or businesses. In...
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    GMS Selling Home To Contest Election 吴明盛破釜沉舟背水一战

    There is a reason why politicians are ranked below car salesman and lawyers. Barely 5 months after being "elected" as an NCMP and within his first few speeches, Steve Chia was already looking out for himself and arguing in Parliament for his NCMP allowance to be raised by more than 600% from...
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    GMS Selling Home To Contest Election 吴明盛破釜沉舟背水一战

    I deliberately did not take into account his status as a businessman as it will make things worse. If GMS can afford to pay upfront cash, he would have, as matter of common sense, contribute voluntary to his CPF from which he would then use to pay off his mortgage. This is since he stands to...
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    GMS Selling Home To Contest Election 吴明盛破釜沉舟背水一战

    Before everyone goes ga-ga and are hoodwinked by GM's act of supreme "personal self-sacrifice" of selling his flat for his countrymen, let me help bring everyone back to reality. A significant portion of the proceed of the sale of his flat (cost + interest) will be returned to his CPF. He is...
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    CST's Wife Falling into 154th's Trap!

    I am sympathetic to CSJ and the SDP because of the abuse they have suffered under LKY, his lackeys, his prostitute press and even PEP politicians (remember the "mad dog" label by Low Thia Khiang?). But that doesn't mean I support him or the SDP. I hold the view that anyone who claims to be...
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    CST's Wife Falling into 154th's Trap!

    I've already stated this: "There are thousands of journals like "Index on Censorship" in the world that continue to be classified as journals even though they are not peer reviewed." The economist is one of those "thousands". What you consider is hardly what is considered by...
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    CST's Wife Falling into 154th's Trap!

    What has this got to do with my simple point that if you want to consider "glucose" as cheating, then you need to do so for the other liquids I cited since the body will break them down to glucose? :confused: My above reply refers. You are too obsessed with CSJ. Forget CSJ. This is...
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    CST's Wife Falling into 154th's Trap!

    What in God's world are you blabbering about this time around? BTW, nice thesaurus you have got there. Was it pinched from the LSE library?
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