Taiwan's Govt give out free money

[makapaaa]

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Coffeeshop Chit Chat - Taiwan's Govt give out free money</TD><TD id=msgunetc noWrap align=right>

Subscribe </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE cellSpacing=0 cellPadding=0 border=0><TBODY><TR class=msghead><TD class=msgF noWrap align=right width="1%">From: </TD><TD class=msgFname noWrap width="68%">Correlator <NOBR></NOBR> </TD><TD class=msgDate noWrap align=right width="30%">9:16 am </TD></TR><TR class=msghead><TD class=msgT noWrap align=right width="1%" height=20>To: </TD><TD class=msgTname noWrap width="68%">ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 1) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft width="1%" rowSpan=4> </TD><TD class=wintiny noWrap align=right>5484.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>Budget brought forward any freebies from the PAP govt?
http://news.bbc.co.uk/1/hi/world/asia-pacific/7836458.stm
Taiwan urged to run to the tills
Taiwanese shopper hands vouchers to assistant
Critics have labelled the move a waste of money
Taiwan has been handing out shopping vouchers to all its citizens in a bid to stimulate the island's economy and shrug off the global downturn.
Some 22.7 million people, regardless of age, are eligible for vouchers worth $107 to spend on a wide range of goods.
People queued at distribution points around the country to get their vouchers on Sunday.
The initiative, set to cost the government $2.53bn, is based on a similar scheme in Japan in 1999.
Taiwan is suffering in the global downturn, hit by plunging exports and rising unemployment.
Supporters say the scheme will give the island's ailing economy a shot in the arm. Vouchers must be spent by the end of September.
But critics have labelled the move a waste of money and point out that the government is having to borrow money to finance it.
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[myo539]

Well, Singapore also gives out money, albeit more sophisticated by putting it directly into their bank accounts so the receipient can ATM it any time.

 

[halsey02]

Well, Singapore also gives out money, albeit more sophisticated by putting it directly into their bank accounts so the receipient can ATM it any time.

Yeah!, no bank account, you encash cheque, you pay $4...., sophiscated!, more like exploited!

They are not sincere in giving out money, begrudginly, condescendingly......now you know!, why 'around the bend' people, want to punch & burn them!

 

[AvalanCh3]

they also got wad, giving out free tax!!!

 

[hillary888]

Yeah!, no bank account, you encash cheque, you pay $4...., sophiscated!, more like exploited!

They are not sincere in giving out money, begrudginly, condescendingly......now you know!, why 'around the bend' people, want to punch & burn them!

The idea of giving (NSS, Growth bonus, ERS, top ups etc) is good but the method it which money is received is bad. Making some old folks turning and queueing up at the banks for the money isn't NICE.

 

[saf_ranger]

wait long long... PAP give u a chicken wing in return they want u return the whole chicken to them.. wosrt then ah long

 

[Slim_10_Sg]

However you must think again regarding weather from where does wools came? The same sheep and nothing else. The same Taiwanese tax payers are paying themselves that's all. Just like the PAP's lame tactics.