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Grasslooters and MSM are used to soften ground for more hikes, via floating balloons

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Confuseous

Alfrescian (Inf)
Asset
Grassroots leaders are sounding the ground for another hike, citing "spiralling maintenance costs". Apparently town councils currently have reserves of about three years. Based on East Coast operating expenses of $20.5 million in 2011, they are sitting on as much as $60 million. What do they need such a big buffer for, investing in toxic instruments they way Holland-Bukit Panjang and Pasir Ris-Punggol Town Councils blew $12 million of their sinking funds? Money is supposed to be saved for a rainy day. Given the dark clouds predicted by MAS, shouldn't the sums be utilised to weather the storm instead of adding to the inflationary pressures?

- http://singaporedesk.blogspot.sg/2012/07/land-of-hikes-and-more-hikes.html
 
S

sawadeecup

Alfrescian
Loyal
Re: Grasslooters and MSM are used to soften ground for more hikes, via floating ballo

Why so little?

Increase more lah!
 
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