Highest-paid “by a staggering margin”

[Royal Canin Feline 32]

The highest-paid politician by a staggering margin, Lee Hsien Loong has often defended his extravagant salary.
In a recent U.S. trip, Loong highlighted how American politicians, because of their low annual salaries, may have other interests — future pursuits, perhaps — that could distract them from their public service.
“Our attitude is: you must pay for the quality of the person you want,” he said of his high earnings. “You want the best person and you want him to be properly motivated.”
Still, rhetoric aside, there are many who justly suggest Loong’s annual income is far too high for governing Singapore, a tiny nation of less than five million people.
The P.M.’s salary of $2.75 million per year is more than 80 times that of the average Singaporean family.

 

[Jabba]

eh...who decided that he is the best...and with that amt..i think we can hire a better foreign talent who can do a better job...just bear with it...we need the talents to make singapore a better place...

 

[makapaaa]

 

[Royal Canin Feline 32]

[FONT=Impact, sans-serif]___________http://www.singaporedemocrat.org/ministers' pay.html
[/SIZE][/FONT]
[FONT=Impact, sans-serif]___________The Tuth About Ministers' Pay[/SIZE][/FONT]
[FONT=Verdana, sans-serif]As a matter of transparency and public interest, cabinet ministers are duty-bound to declare their incomes and assets. The Singapore Democrats have been calling, and do so again here, for the Government to make public such information. Unfortunately the demands have met with silence that a cemetery would be proud of. [/FONT]
[FONT=Verdana, sans-serif]In 1994, ministerial salaries were amended. They were calculated based on a formula that pegged with the ministers’ pay to the highest paid professions in the country. [/FONT]
[FONT=Verdana, sans-serif]This means that no matter how badly the economy performs and the wage level of the general population sinks, the ministers will be paid the highest salaries in the island as long as the richest few in the country continue to make their big bucks. This, of course, tempts our political leaders into concentrating on taking care of the richest of the rich instead of ensuring that the welfare of the masses are well looked after. [/FONT]
[FONT=Verdana, sans-serif]Such is already the trend as the Government relentlessly drums into our heads that the widening income disparity is inevitable because of this thing called global economy. This will enable the ministers to say that it is no fault of theirs that their salaries are so obscenely high while the rest of us (people they are elected to look after) scramble for the crumbs that fall off their table. [/FONT]
[FONT=Verdana, sans-serif]And there is nothing inevitable about the widening chasm between the rich and the poor. This is just the rich man's excuse to tell the working people that they are going to get richer and greedier, and the rest of us are going to have to accept the fact that we will have to work harder and become poorer. [/FONT]
[FONT=Verdana, sans-serif]Such reasoning has resulted in PAP ministers being the highest paid politicians in the world with the Prime Minister being paid three times more than the president of the United States while the Singaporeans continue to see their incomes being pulverised. Bankruptcies multiply and the increase in the number of homeless continue unabated. Social and family problems such as divorces, mental breakdowns, and suicides skyrocket as a result.[/FONT]
[FONT=Verdana, sans-serif]This trend must not be allowed to continue and the only people that can stop this is Singaporeans themselves. [/FONT]

 

[Royal Canin Feline 32]

http://politics.sgforums.com/forums/10/topics/386711


Ministers’ salaries set to be raised with Singapore’s economy expected to grow next year

January 1, 2010
The salaries of Singapore’s multi-millionaire ministers look set to be revised upwards in 2010 with Singapore’s economy growing again.
In his New Year message to Singaporeans, Prime Minister Lee Hsien Loong said Singapore’s economy is likely to grow between 3 and 5 per cent next year.
Describing 2009 as a “volatile year” for the economy, PM Lee said:
“Considering the anxious moments at the depth of the crisis, our subsequent recovery is something to take heart from……Next year we are expecting 3-5 per cent growth.”
PM Lee also urged Singapore workers to ‘up-skill, re-skill and multi-skill,’ adding: ‘They must be flexible, willing to adapt to changed conditions, and take on new jobs as conditions change.’
The variable component of Singapore ministers’ pay are pegged to the nation’s economy. They took a pay cut of up to 20 per cent this year as a result of the sluggish economy.
Singapore’s ministers are the highest paid in the world. The annual salary of PM Lee is about $SGD 3 million dollars, or 5 times more than that of U.S. President Barack Obama.
Even his father, the Minister Mentor Lee Kuan Yew who admitted that he is “not doing much work except doing forecasting”, received a higher pay than Obama.
The elder Lee boasted unashamedly that he would earn “much more” in the private sector.
At 86 years of age, Lee rakes in more than $200,000 a month. In contrast, the median pay of the average Singapore worker is only $2,600.
The obscene salaries of Singapore’s ministers is a constant source of unhappiness among the populace.
After winning the 2006 general election, the ruling party increased the pay of its ministers by more than 50 per cent to bring it “more in line” with the private sector.
With the next election likely to be held in 2010, Singaporeans must think twice before giving PM Lee and his team another “mandate” to “reward” themselves with another fat pay cheque.

 

[Royal Canin Feline 32]

Our PAP ministars can pay themselves many DOZENS of times the salary of their counterpart from countries of SIMILAR GDP because election they have received the required support time after time.

the fact is singapore voters voted them in > 60% everytime, and the political system has been gerrymandered so that there is no proportional representation, meaning the 30-40% opposition voters have NO SAY at all.

it wld be OK actually if they really did a fantastic job in running sg -- no corruption, equal opportunities for all, singaporeans come first b4 foreigners, min wage guidelines, workers rights, freedom of speech, independent press, etc.

unfortunately their record of governing sg in past 10-20 yrs is FAIL FAIL FAIL

they dun deserve the salary AND the grc has been designed to deny the 35-40% opposition voters ANY SAY.

the only way to correct this is for the PAP voters to switch side and vote oppo instead. there is no other way.

and that is the raw meaty take from Royal Canin Feline 32, the complete balanced nutrition for your cat (kitten, house cat, senior cat)

 

[shelltox]

Forget about the rhetoric, the best brains deserve better pay.
What happened during the 2008 financial crissis deserved some thoughts.
When the regulated on wall streets are able to outsmart the regulators because the best brains are drawn by the enormous obscene salaries on wall streets and the has been becomes the regulators. It is just like the pigs trying to control the monkeys.