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Comparing Lee Hsien Loong's Govt with Goh Chok Tong's Govt...
- Thread starter kojakbt
- Start date
Its depends when you are a buyer or a seller. Both will CowPehCowBoh at the losing end.
Things are going exactly as planned.
Goh Chok Tong presided over the cheap sale of the 90s while LHL has engineered a fantastic opportunity for home grown Sinkies who bought homes during the GCT era to cash out so they can move on to greener pastures and make way for new citizens and PRs.
I don't understand what you guys are complaining about. You have the best Govt in the whole wide world.
Goh Chok Tong presided over the cheap sale of the 90s while LHL has engineered a fantastic opportunity for home grown Sinkies who bought homes during the GCT era to cash out so they can move on to greener pastures and make way for new citizens and PRs.
I don't understand what you guys are complaining about. You have the best Govt in the whole wide world.
unfortunately, not all Singaporeans can go to greener pastures for one reason or the other...
The only thing stopping them lies between their ears. You should see the sorts of characters that wash up on the shores NZ and OZ. :p
Beneficiary loses luxury wheels
4:00 AM Saturday Feb 6, 2010
Paul Yu Szeto.
A sickness beneficiary with a taxpayer-subsidised state house was instead living in an upmarket Auckland suburb and driving luxury cars worth $250,000.
Paul Yu Szeto, also known as Yu Hong Ho, is facing money laundering and methamphetamine charges and is due to appear in the High Court at Auckland this month.
The police allege the 57-year-old Chinese national was writing out cheques for cash from drug dealers. A trial date will be set at the next hearing.
Szeto has pleaded not guilty to the charges and declined to comment as the case was before the courts.
However, the police have also seized three valuable vehicles from Szeto, including a Porsche Cayenne and two late-model Mercedes Benz, worth a combined total of $250,000.
A sickness beneficiary for nearly a decade, Szeto was living at a Housing New Zealand property in the North Shore suburb of Belmont. When drug detectives searched the state house last July, they found it unoccupied.
Neighbours said they remembered seeing the Porsche and Mercedes Benz come and go from the state house, but hadn't seen any movement for months.
Instead of staying at the taxpayer-funded home, Szeto was living in a rental home in upmarket Mission Bay.
Neighbours of that address also recall the valuable cars parked in the driveway - described by one as "beauties" - before they were seized by police.
The pair of Mercedes Benz are registered to Szeto's girlfriend, Wei Na Shi, who is also facing money laundering charges. The Porsche Cayenne is registered to a company of which Wei Na Shi is the sole director and shareholder.
A spokeswoman for the Ministry of Social Development was unable to offer an explanation as to why a sickness beneficiary was living in a state house while driving luxury cars.
Justine Auton, general manager of MSD integrity services, said she was unable to talk about the case because of the charges.
Crown prosecutor David Johnstone confirmed restraining orders had been made in the High Court to freeze the sale of the three cars. The assets are in the possession of the Official Assignee until the court case is over.
Szeto has been charged in connection with the police's Operation Blanko, involving Northland businessman Max John Beckham.
The 61-year-old Beckham is to stand trial on methamphetamine charges after police allegedly found 141g of P - with a street value of up to $140,000 - and a loaded gun in raids on properties in Auckland and Northland.
The Crown has frozen more than $2.5 million of property, a fishing boat and $865,000 cash from the property developer, as well as two late-model Ford Falcons.
The property was seized before recent amendments were made to the Criminal Proceeds (Recovery) Act.
The new law came into force in December and allows police to confiscate unexplained wealth from suspected criminals without having to prove any offence has been committed.
Previously, the police had to prove to the high standard of "beyond reasonable doubt" that assets were criminal proceeds, even after defendants were convicted.
Police now have to prove only to the much lower civil threshold of "on the balance of probabilities" - essentially placing the onus on the criminals to prove where they got the assets.
THE CHARGES * Money laundering on or about October 1, 2007. * Money laundering between October 31 and November 15, 2007. * Money laundering on or about September 29, 2008. * Conspiring to manufacture methamphetamine between May 16 and August 11, 2006. * Supplying methamphetamine between August 13, 2006, and December 23, 2008.
THE CARS * 2005 Mercedes-Benz SLK 350 convertible. * 2003 Mercedes-Benz saloon. * 2005 Porsche Cayenne
[COLOR=_______]Comparing Lee Hsien Loong's Govt with Goh Chok Tong's Govt.... which one do you think is worse?[/COLOR]
Who is the one that says Singaporeans are not creative????
OMG, during LHL's, the price increased by almost 50%????
Goes to show that LHL is a "cheongster"...
What do you expect from this LHL "cheongster" ?
He have already earned a title, "Gay Lord" conferred by Sperminator.
They are poles apart in terms of character and personality. Both Governments however are no different. It was just easier to swallow the bitters pills under Goh. LHL is rarely involves himself with Singaporean. One gets the impression that he runs a private limited company. Never bothers to appear when a crisis or a difficult situation occurs. Prefers to hedge his bets by appearing when the answers are obvious. More reticent than expected despite schooled in statecraft by old man.
There little or no connection with people. The father is all over the place grabbing the spotlight.
There little or no connection with people. The father is all over the place grabbing the spotlight.
LHL has increased the VALUE of property by a whopping 50%. Any CEO who can do that has to be congratulated and suitably rewarded.
He's done for Singapore what Steve Jobs has done for Apple Inc. Stakeholders love helmsmen with this sort of ability.
That is definitely ONE way of looking at it : asset appreciation instead of asset inflation.
My take is relatively simple & undisputed :
Under LHL, the PMO costs much more while productivity has gone backwards.
No prizes for noting the reason why
That is definitely ONE way of looking at it : asset appreciation instead of asset inflation.
My take is relatively simple & undisputed :
Under LHL, the PMO costs much more while productivity has gone backwards.
No prizes for noting the reason why
The SGD forex data indicates that assets have appreciated.
I look at it this way.... LHL has created a huge demand for HDB flats from overseas buyers wanting to settle in Singapore. He either has a good product or he has good marketing skills. Either way it's good for the shareholders (citizens) as it enables them to cash out and move on to better things.
He should receive a good pat on the back and a resounding mandate come the next GE.
The aim is to orchestrate a steady rise in prices without risking a property bubble. It's a balancing act but the PAP has the will and the ability to make things work. That's why I admire the party so much.
Spot on, bro. You noticed it, I noticed it, everybody noticed it, except the poor bastard. Doesn't anybody talk to him anymore? Old Fart still jealously covering his arse, and make use of 1 SM, 2 DPMs, Ministers in PMO in the cavalry. When Old Fart kicks the pail, the lamb will be mauled into a thousand pcs.
I wonder did he always copy answers from his classmates when he was in school last time?
Running a country is different from running a company. Under LHL, we essentially have asset inflation by a whopping 50%....
Why should a Govt be receiving pat on the back by hollowing out its own citizens while importing and benefitting hundreds of thousands of foreigners?
They should be hanged for treason!
Yes, he copied mathematics homework from me in exchange for a bowl of mee siam mai hum at school's canteen ...
Huh? What a weird perspective you have of the whole issue.
From what I have read in this forum, the demand (those willing to pay high prices) is coming from recent arrivals while the supply (those selling their homes for an excellent profit) is coming from home grown sinkies.
How you can construe that native sinkies are being ripped off certainly beats me.
If anything, the new arrivals are the ones paying a kings ransom for some space in sky.Similar threads
