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redbean



Joined: 07 Mar 2006
Posts: 13187
Location: singapore

PostPosted: Thu Apr 05, 2007 12:32 pm    Post subject: Notable Quotes Reply with quote

"Retrenchment is good for singapore. If there is no retrenchments,
then I worry." - SM Goh

"I don't think that there should be a cap on the number of
directorship that a person can hold." - PAP MP John Chen who holds 8
directorships.

"It's not for the money because some of the companies pay me as
little as $10,000 a year." - PAP MP Wang Kai Yuen who holds 11
directorships.

"If you want to dance on a bar top, some of us will fall off the bar
Top. Some people will die as a result of liberalising bar top
dancing… a young girl with a short skirt dancing on it may attract
some insults from some other men, the boyfriend will start fighting
and some people will die." - Vivian Balakrishnan, Minister for
Community Development, Youth and Sports

"I would want to form an alternative policies group in Parliament,
comprising 20 PAP MPs. These 20 PAP MPs will be free to vote in
accordance with what they think of a particular policy. In other
words, the whip for them will be lifted. This is not playing
politics, this is something which I think is worthwhile doing." - SM Goh

"If you sing Jailhouse Rock with your electric guitar when others
are playing Beethoven, you are out of order. The whip must be used
on you." - SM Goh again, on a dramatic u-turn, rethink or backtrack,
whatever you call it.

"Save on one hairdo and use the money for breast screening." -
another gem from Lim Hng Kiang

"We started off with (the name) and after looking at everything, the
name that really tugged at the heartstrings was in front of us. The
name itself is not new, but what has been used informally so far has
endeared itself to all parties." - Mah Bow Tan on the $400,000
exercise to rename Marina Bay as Marina Bay.

"Having enjoyed football as a national sport for decades, we in
Singapore have set ourselves the target of reaching the final rounds
of World Cup in 2010." - Ho Peng Kee

"Only 5% are unemployed. We still have 95% who are employed." - Yeo
Cheow Tong

"Singaporean workers have become more expensive than those in the
USA and Australia." - Tony Tan

"People support CPF cuts because there are no protest outside
parliament." - PM Lee

"No, it was not a U-turn, and neither was it a reversal of
government policy. But you can call it a rethink." - Yeo Cheow Tong

"…I regret making the decision because, in the end, the baby
continued to be in intensive care, and KKH now runs up a total bill
of more than $300,000…" - Lim Hng Kiang, regretting the decision to
save a baby's life because KKH ran up a $300,000 bill

"Without the elected president and if there is a freak result,
within two or three years, the army would have to come in and stop
it." - MM Lee Kuan Yew

"Please do not assume that you can change governments. Young people
don't understand this" - Minister Mentor Lee Kuan Yew, post-2006
General Elections
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redbean



Joined: 07 Mar 2006
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Location: singapore

PostPosted: Fri Apr 06, 2007 10:37 am    Post subject: Reply with quote

Heard this story in the lift. A FT was telling his peers. It goes like this.

George Bush went to congress and threatens to quit if he did not get what he asked for. And he also threatens to go the corrupt way to get it.

George was fighting for a noble cause, asking for money to protect his troops in Iraq.
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redbean



Joined: 07 Mar 2006
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PostPosted: Wed May 02, 2007 10:54 am    Post subject: Reply with quote

When one person suffers from a delusion, it is called insanity. When many people suffer from a delusion it is called Religion. - Robert M. Pirsig

I like this one also.

Artificial Intelligence is no match for Natural Stupidity.
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redbean



Joined: 07 Mar 2006
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PostPosted: Thu May 24, 2007 10:13 am    Post subject: Reply with quote

Go for right wage measures or risk losing edge: Swee Say

'Labour chief Lim Swee Say cautioned companies against being "seduced" by the easy option of paying higher basic wages to attract workers.

Such a measure will only erode their competitive edge in the long term or force them to trim staff in lean times, he told reporters yesterday during a visit to a training.' by Keith Lin in the Straits Times
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redbean



Joined: 07 Mar 2006
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PostPosted: Fri Jun 01, 2007 8:19 am    Post subject: Reply with quote

'My outlook on life is not based on what possessions I own, knowing how transient life is; or what others think of me, knowing how seldom they do.'

Peter Lim.
in Today paper.

I don't know which Peter Lim this is. There could be thousands of them in the streets. Personally I have known at least half a dozen. Doesn't matter. But this is crap and dangerous in a way. It will undermine the ethos of our society. People may start to give up the chase for more dollars. People may stop working. We will have employers crying for employees and may end up with more imports of foreign workers.

And if people refuse to work, to earn money, to buy those properties, the property market may collapse.

We cannot say such things. Quite stupid actually. Money is good. The smell of money is the smell of success and recognition. No money no honey.
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Green Peas



Joined: 24 May 2006
Posts: 178

PostPosted: Sat Jun 02, 2007 10:37 pm    Post subject: Reply with quote

<<Yu-Foo Yee Shoon, Minister of State, Ministry of Community Development, Youth and Sports, said: "We need to teach the children the root so you can go anywhere to study to work or even marry a (foreigner), but we still hope they keep Singapore as a root. We still hope that they will rear their children here.">>

Yu-Foo Yee Shoon was quoted by the CNA report: 'Survey says 91% of Singaporeans will turn to family in times of need'

http://www.channelnewsasia.com/stories/singaporelocalnews/view/279511/1/.html


1. Do people raise their children or rear their children? We rear animals
but we raise children, isn't it? Treating Singaporeans as animals? Very expedient!


2. In the video, she pronounced the word as "rare" but CNA has altered it
to "rear". An extraordinary millionaire minister who cannot even
pronounce such a simple word!
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NKF, Mas Selamat and Ministers' Salaries - the SHAME of all Singaporeans.
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redbean



Joined: 07 Mar 2006
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Location: singapore

PostPosted: Sat Jun 09, 2007 9:23 am    Post subject: Reply with quote

The Singaporean Dictionary of famous phrases, in jest. (To be added on as more gems are discovered)

Affordability: It means affordable according to the income of the person saying it.
Brutal Truth: Utter only by the super rich and super talents.
Equality: Some have more rights than others. Or as in Animal Farm.
Foreign talents aka Fallen Trash: Not very bright foreigners but can replace Singaporeans on cheaper pay.
Foreign workers: To compete with local workers to keep wages low.
GST: Tax to benefit the poor and lower income citizens
High Pay: Free of corruption
Honest Mistake: Free from accountability. A learning process for taking risks.
IR: Another term for Casinos
Let's move on: Enough. We have decided and no one should say anything more about it. Case closed.
Local talents: Only in demand overseas
Majority: If 1 million did not vote and 3 voted, 2 is a majority.
Means Testing: An opportunity to strip a citizen down to bare all his poverty.
Mee Siam Mai Hum: Uniquely Singapore
National security: My security, or the security of whoever saying it.
NKF: Every Singaporean knows what it means.
Pah Si Buay Chow: Stay on as long as the pay is good.
Peanuts: As it is, good for monkeys only.
Political talents: The best of all the country's talents.
Privatisation: This is a process to make public service organisations more efficient. Once they are privatised, the have to operate to make profits. Inevitably all become more efficient.
Quitters: Applicable to Singaporeans who can't make it here.
Redbeanforum = online rantings in futility? ;P
Retirement age: Not applicable in politics Shareholders' interest: This is used to justify profit at all cost. The shareholders' interest is supreme to the interest of the general public or the country.
Straight As: Above average students. Anything below is average or below average.
Straits Times: Tongue in cheek views of professional journalists for nation building.
Subsidies: Govt subsidises, the people pay.
Super talents: Measures by income .
Tooth: Tooth that Singaporeans believe in. A variation of truth.
Transparent: For me to know, for you to find out.
Unemployed: Refers to lazy and choosy individuals.
World class: This has many definitions depending on the context.
World class govt: Highest paid govt. This is unchallenged. Will appear in Guinness Book of Records soon.
World class public transport: Sardine packed public transport.
World class universities: Based on the criteria of assessments and number of foreign students and lecturers tweaked to fit to the expected model.
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Last edited by redbean on Fri Aug 10, 2007 12:09 pm; edited 2 times in total
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redbean



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PostPosted: Sat Jun 23, 2007 8:03 am    Post subject: Reply with quote

'Whether it is a charity or even among companies, from time to time you would have a case that comes up with someone who helps himself to the money. Ultimately, you're dealing with the vulnerability of the human weakness to temptation.' Gerard Ee

Now this is a profound statement from the Chairman of the new NKF.

I have been pondering over it again and again and I think I will be pondering over it over the whole weekend. How many people have been helping themselves to the money and laughing all the way to the bank?

Then again I am very thankful that, perhaps this island is really blessed that we don't have so many people helping themselves to the money. At least the record shows that there were very few.

Maybe Gerard is wrong. Or maybe he is right. Or maybe we are living in an island that is not occupied by humans, so there is no human weakness to temptation. The NKF and the latest St John Hospital case are just exceptions.

Whew.
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redbean



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PostPosted: Mon Jun 25, 2007 11:39 am    Post subject: Reply with quote

S'poreans need to learn how to stretch their savings: Lim Swee Say

What does this statement mean?

I think it makes a lot of sense. With 30 to 40% of their money saved, and very safe, in the CPF, Singaporeans should learn how to stretch whatever left that they have. Or else if what they have in hand are gone and money in CPF still very safe, they will have a little problem meeting their immediate needs.

But I think many Singaporeans are already stretching their savings, if not an expert in it. When prices are going up ahead of salaries, they will be in big trouble if they do not know how to stretch their money.

For those who still do not know how, they may want to ask the minister for some advices and ingenius ways to stretch their dollars.
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redbean



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PostPosted: Wed Jun 27, 2007 1:33 pm    Post subject: Reply with quote

"Changes are being made so Singaporeans can have more money when they retire."
Minister Of Manpower
Jan 2007


Singaporeans are so lucky. The govt is planning for everyone to have more money when they retire. For the mean time, please stretch your dollar, if you have one.
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redbean



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PostPosted: Thu Jun 28, 2007 10:10 am    Post subject: Reply with quote

How awfully wrong

'Even if the man spent only $1000 a month, he would need $240,000 over the next 20 years. And that is before medical expenses are factored in. Would that be enough?' Lim Boon Heng

How awfully wrong is the number. Even without taking medical expenses into consideration, he would need at least $480,000, taking into account inflation and the diminishing value of the dollar.

The minimum sum, to be adequate, must be raised continuously to $1 million at least. The people must be educated and be prepared for this.
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redbean



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PostPosted: Sat Jul 07, 2007 9:57 am    Post subject: Reply with quote

'Costs are always important but we are not going to allow costs to prevent us from growing. You do want the standard of living of Singaporeans to go up and a higher stand of living means more income in real terms.' Goh Chok Tong

Recently we are seeing all kinds of increases, the euphoria of property prices and the jubilant cheers of property developers and beneficiaries of en bloc sales. We also hear some grumblings from the foreign business communities and the lower grade foreign talents that it is no longer feasible to work here and have their families with them. Can the rentals of office spaces and shop spaces continue to go on without somebody paying for the increases?

High costs mean higher standard of living provided the income is growing as fast or faster. How many Singaporean's real incomes are growing? The 2% GST increases means that income has gone down by 2%. Period. The rebate is only a short term stop gap measure. And if the goods and service providers just add up their costs and transfer to the consumers, as many have seen recently, the increase in prices are more than 2%. Effectively cost of living is up and real income down.

Then the surge in property prices that will filter down to the heartlanders. Real income must come down when buying a flat is now that much more. The en bloc hordes with their overflowing cash windfall can only benefit one time by downgrading. Unless the en bloc phenomenon can go on and on. But that does not change the fact that many first time flat buyers are going to pay more for their new flats. And if their incomes do not run away as fast as the prices, they are going to face the squeeze.

We believe that our standard of living can go on the upward climb despite the high costs. Maybe the top 20% could do so. Do we believe that the general masses are that much smarter, productive and efficient that they deserve that much more for their effort and services than people around us? Many in India and China have proven that they could do as much and as good as us for lesser. The competition from these seas of humanities will not allow our workers' salaries to go on rising in line with the rising costs.

I wish that I am wrong, that this island is really a pool of talented people that can command exceptionally higher remunerations for the quality of their work vis a vis the Asian giants. And we can continue to push up our cost and standard of living at will.
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redbean



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PostPosted: Sun Jul 08, 2007 11:43 am    Post subject: Reply with quote

Be mindful

I am not going into a discourse on Buddhism. Political leaders too need to be mindful of the life they want for the people and how the country should move forward. There is this opposing pull of forces to run the full capitalist way and the softer socialist way. The former will let things run their full course, where human nature and the law of the fittest survives will not be restrained. The latter, a more humane look at the inequalities of people and their social makeup that make them less able to pursue their dreams. Criticism of this path is that people are lazy and deserved to be in the doldrums. There will be such people, no doubt about it.

Taking the capitalist road, a lot of wealth will be generated and a lot of rich people will be made. At the same time a lot of people will get poorer and less able to get by. In the long run, the pool of the very rich will shrink as they are supreme in their abilities to accumulate wealth at the expense of their less able countrymen. The system will breakdown unnaturally and there will be a new beginning.

The role of the govt, with all the powers vested in their hands, has the privilege of being god, to allocate resources and wealth to the people. It has to be mindful where the wealth and resources are going and whether that is the best direction to take. For the last few years, we are seeing this relentless pursuit of money within the govt and outside the govt. The private sector, with money as their only motive while obligation to nation and society as incidental or not in their mindset, will push for the highest return they can get, at all cost. They will maximise profits for short term benefits and ruin the country in the long run. The future of the country is not their concern. Instant gratification, money is.

We are seeing cost increases in properties, rentals, services and goods and salaries going only in one direction as if it is the law of gravity, that cost can only go up. The consumers will eventually bear the brunt of everything until they can bear no longer. Forget about the top 20% when their income will always outrun the rising cost and will not matter to them.

There must be a price to all these. When will it stretch to a point where it snaps? It is dangerous to slow down growth by shackling the enterpreneurial drive of the able. They must be allowed to push to the limits of efficiency and returns. They are the growth drivers.

What can the govt do to keep the less able part of the population more wealthy without increasing their income and pushing up cost? This is the other danger of losing our competitiveness. Rising cost will drive us out of business.

Stretch their dollar! The people can live better and feel richer if the cost of 'their' living can be restrained and keep low. Housing, transportation, medical, education, food and essential services can be kept low to increase the value of every dollar these people. This will create a 'controlled economy' at the lower end when govt intervention is necessary to make life more manageable and without pushing up cost to an unbearable state.

There can be two economies existing side by side, like two systems, one country. The full force of capitalism and free enterprise shall be allowed to run their 'full' steam in one economy and a managed one for the people who are mostly not so talented but needed to form the base of a thriving nation.

This makes the human world different from the animal kingdom. It is the animal farm but subject to how the animals want it to be. This is the mindful part.
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redbean



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PostPosted: Mon Jul 09, 2007 9:35 am    Post subject: Reply with quote

'We cannot afford to let these people squander public money and rob the poor of their rightful subsidies.' NKF CEO Eunice Tay

NKF is facing the problem of $1.8 million of unpaid fees by its 393 patients. One owes as much as $29k. Now this is serious and the New NKF is taking this very seriously. They have sought all ways to get the defaulters pay their debt and 'if they still refuse to pay, they will have to seek dialysis elsewhere.'

Now this is the kind of tough business decision the NKF has to take. Owe money pay money. NKF is not a charity or is it, that can give free treatment and the patients refused to pay. They pay or go elsewhere for treatment. Tough decision for a tough problem.

Shall this be a business decision or a human decision? Shall this be a political decision or a charitable decision? The patients do not go to NKF for a glass of wine or fine dining. It is a matter of life and death. Those who could pay will have to pay. Those who can't cannot go elsewhere as they still have to pay or they die. Period.

No man shall be deprived of medical treatment because he cannot afford to pay. This must be in the manifesto of any political party.
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redbean



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PostPosted: Thu Jul 19, 2007 2:40 pm    Post subject: Reply with quote

Trade and Industry Minister Lim Hng Kiang said it was not the Government's job to evaluate an investor's business plan.

The above was reported in the papers over the UNSW failure in the Singapore education scene.

Heard someone asking in the kopitiam whether there is still a need for a business plan when submitting a business proposal or applying for grants.
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