I found the below statement particularly galling. He claims credit that Temasek's dividends help fund the recently introduced pioneer generation package even it went into the general pool via the NIRC. I acknowledge that. By the same line of reasoning he should state that it was the CPF funds from ordinary members that provided the investment funds that help create the assets that Temasek received which is now being used to generate the returns.
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Temasek is lying through its teeth
- Thread starter LITTLEREDDOT
- Start date
His predecessor in Temasek was Myrna Thomas. She would not write such nonsense.
Stephen was brought into SIA to show Europe and the US that the govt was not subsiding SIA was those allegations were rife in those days. Also we asians struggle to handle ang mos. He was convenient.
Stephen was brought into SIA to show Europe and the US that the govt was not subsiding SIA was those allegations were rife in those days. Also we asians struggle to handle ang mos. He was convenient.
hahaha...I nearly fell off my chair reading this....
u have been caught lying, bullshitting and story telling so many times and you are not thick skinned???
Jackass angmo talent said:
As for Temasek's performance, we have more than doubled our portfolio value since 2002, excluding any net new capital.
Well, Dow Jones Industrial Average on December 31, 2002 was 8341.63
Today, DJIA closed at around 16700. That's doubled too. So, what is so special about temasek's performance? If Temasek can do no better than the Dow Jones Average, than why didn't the govt. simply put the money into DJIA Index Linked Mutual funds? The money would have doubled without all the overhead and bloated salary of whore Jinx and the PAP bunch of cronies there. How much bonus did Whore Jinx and Temasek executives get for NOT BEATING the Dow Jones?
When you look at this statement that Forskin said, you realised that if they had not got into all those bad investments (e.g. USD$4.6 billion loss on Merrill Lynch in 2007, USD$814 million loss on Barclays, USD$1-2 billion loss on Shincorp, etc.), Temasek might well have outperformed the DJIA. Sinkies, you song or not?
As for Temasek's performance, we have more than doubled our portfolio value since 2002, excluding any net new capital.
Well, Dow Jones Industrial Average on December 31, 2002 was 8341.63
Today, DJIA closed at around 16700. That's doubled too. So, what is so special about temasek's performance? If Temasek can do no better than the Dow Jones Average, than why didn't the govt. simply put the money into DJIA Index Linked Mutual funds? The money would have doubled without all the overhead and bloated salary of whore Jinx and the PAP bunch of cronies there. How much bonus did Whore Jinx and Temasek executives get for NOT BEATING the Dow Jones?
When you look at this statement that Forskin said, you realised that if they had not got into all those bad investments (e.g. USD$4.6 billion loss on Merrill Lynch in 2007, USD$814 million loss on Barclays, USD$1-2 billion loss on Shincorp, etc.), Temasek might well have outperformed the DJIA. Sinkies, you song or not?
Not possible. the dildo you were sitting on is attached to the chair, so how can u fall off it. Its holding your ass in place.
if you pay millions.....there are a lot of fucking clowns who will do anything .....wear phua chu lang boots and cry on national tv la..... admit that they steal toothpicks la..... etc etc ....
all you need is money ....all these fucking wayang talents will flock to you man ..... sell their wife mother and daughter to the brothel also can.......
all you need is money ....all these fucking wayang talents will flock to you man ..... sell their wife mother and daughter to the brothel also can.......
I am sure you have that calibre to write in and ask him that. No need to entrust to another. Btw, making a comeback?
hahaha.....you are even worst than the scum....
despite ken suan by him, you lan lan licked his balls.....
you are also another serial bullshitter and story teller who think you got a lot credibility....truly retarded.
hahaha.....you are even worst than the scum....scroobal
despite kena suan by him, you lan lan licked his balls.....
you are also another serial bullshitter and story teller who think you got a lot of credibility....truly retarded.
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You double posted, fucking retard. Learn how to use a keyboard, moron. Really, gay loong should get better calibre IB shits.
The following is a big fat lie.
This thread tells the truth about the life expectancy lie perpectuated by these dodgy people.
http://singsupplies.com/showthread....-is-CPF-is-based-on-a-big-fat-lie!-Here-s-why
The minimum sum is deliberately increased and withheld for 7 to 10 years, so you've more money to lose in an insurance annuity plan called CPF Life.
From my discovery of the statistics on life expectancy, most of us will never live to 65 years old. But you already signed up for a useless CPF Life annuity plan that kicks in at age 62, or 65 or 67, depending on an arbitrary age figure shafted down your throat, which has no co-relation to actual life span of most of us.
Yes, it's difficult to talk about death and life-span, but the fact is clear. CPF has been using data that are not applicable to us, because it uses the life expectancy of those born in 2013 is 82.5 years (both sexes ave).
Now, c'mon, surely we're not born in 2013, or are we saying they're treating us like 3 year old?
Give me a break...what a pack of lies.....as evidence tell me many of people I know who are dying now are 65 years old and younger.
Hence, this below statistics (assuming it is not massaged) used to increase the withdrawal age because of the lie that we're living till age 85 now, is applicable only for those born in 2013 and beyond, so it is irrelevant. It is a complete lie!! We don't live so long. The baby boomers do not live so long.
KNN...Just return us our CPF money at age 55 and please scrap the CPF Life useless nonsense and the minimum sum charade. Don't use a big fat lie to withhold our money and force us to sign up for CPF Life, which most of us will never reap its return.
Here is the fact from the Statistics website: www.singstat.gov.sg
http://www.singstat.gov.sg/publicati...table08-13.pdf
This thread tells the truth about the life expectancy lie perpectuated by these dodgy people.
http://singsupplies.com/showthread....-is-CPF-is-based-on-a-big-fat-lie!-Here-s-why
The minimum sum is deliberately increased and withheld for 7 to 10 years, so you've more money to lose in an insurance annuity plan called CPF Life.
From my discovery of the statistics on life expectancy, most of us will never live to 65 years old. But you already signed up for a useless CPF Life annuity plan that kicks in at age 62, or 65 or 67, depending on an arbitrary age figure shafted down your throat, which has no co-relation to actual life span of most of us.
Yes, it's difficult to talk about death and life-span, but the fact is clear. CPF has been using data that are not applicable to us, because it uses the life expectancy of those born in 2013 is 82.5 years (both sexes ave).
Now, c'mon, surely we're not born in 2013, or are we saying they're treating us like 3 year old?
Give me a break...what a pack of lies.....as evidence tell me many of people I know who are dying now are 65 years old and younger.
Hence, this below statistics (assuming it is not massaged) used to increase the withdrawal age because of the lie that we're living till age 85 now, is applicable only for those born in 2013 and beyond, so it is irrelevant. It is a complete lie!! We don't live so long. The baby boomers do not live so long.
KNN...Just return us our CPF money at age 55 and please scrap the CPF Life useless nonsense and the minimum sum charade. Don't use a big fat lie to withhold our money and force us to sign up for CPF Life, which most of us will never reap its return.
Here is the fact from the Statistics website: www.singstat.gov.sg
http://www.singstat.gov.sg/publicati...table08-13.pdf
You forgot that Temasek doubled its assets through various sweetheart deal. Instead, it is rather ridiculous that they only performed to Dow's average with so much help
Any company and any entity connected with PAP cannot ever tell the truth.
They all must lie and lie and at best tell half truths and never the complete truth
They all cannot be trusted as they are all crooks and rotten inside and stinking outside
They all must lie and lie and at best tell half truths and never the complete truth
They all cannot be trusted as they are all crooks and rotten inside and stinking outside
YES i thot he was odd articulating CPF points as though he was its spokesman instead of termasick
Know that "mynah thomas" by sight & work when she was a nobody at then TCS ( no, I wasn't working for the station)....my impression of her back then, was a damn stuck up bitch!
Excellent points. Real solid. I sincerely hope what you wrote here gets publicized widely and be used at Hong Lim this Sat in one of the speeches. This will truly expose the deceits and falsehoods the entire PAP machinery that includes Temasek of course is propagating.
That why i say the SAMMYBOY FORUMMERS rocks. They are light years ahead in term of thinking.
Agree, bro. For this we must thank our boss Leongsam.
He keep giving me points nowadays.
Got to thank him He is like a teacher, giving sweets to his pupils when he deemed fit. Anyway, i love his ability to camouflage. Got to give that man a beer !
Hope he can up my points and power !
Good for you, bro. It's an open secret that PAP comes to this forum to steal ideas as they are totally bankrupt of any.
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