Shanmugaratnam dipped his toes into different waters when he declared the China stock market meltdown will impact Singapore more than the Greek tragedy playing out in Eurozone. Makes sense, since the former DPM who let a terrorist out through a toilet window is leading the charge for investments into China. What also makes sense is the Law Minister keeping arm's length distance away from matters of the law, now that the justice system is attracting high profiled protestors on the world stage like United Nations Special Rapporteurs ("Singapore / Freedom of expression: UN expert alarmed by sentencing of teenager blogger").
With Tharman moving into center forward, and Shanmugaratnam donning Finance Minister headgear, are we in for another round of musical chairs? But where would the descendant of a horrible person head to? Lead the army junta that is running the public transport system? After all, Mussolini was famously credited with making the trains run on time. And there's nothing like doing it yourself when the lackies can't seem to get it right.
I can almost smell the scent of vinegar from our green-eyed PAP, lamenting their poor multi-million lives being stuck with overdemanding serfs, when their Bolehland counterpart could so easily pocket 3/4 of a billion without needing to put up pretenses of incorruptibility. "Woe is me, Woe is me!"ReplyDelete
He is right. Grexit is Ikan bilis in the grand scheme of things.ReplyDelete
China has shed 3 farking trillion since the massive stock plunge! Papa Si is sweating and traders are swearing buckets.
Our temasek has up to 27% of China share in its entire portfolio. The last prominent gamble is Citic securities who has since lost 20% of its value. Well, but they still put out brave faces and statement and remain bullish. Whatever that means....more cpf effigies burnt?
Out from the ashes, many new billionaires and bankrupts are borned again.
So did cry baby Lim Boon Heng speak a moment too soon when he boasted that Temasek's net portfolio value rose $43 billion (19%) to a record $266 billion? How much wiped out after the crash? Anyway, he's dying to cry on television again.Delete
I would cry too if I can get a multi-million dollar job - a cushy job when he does not have any prior experience.Delete
Unless I am forced to be")Delete
China said "buy stocks your jobs depends on it" and the meltdown halted. Shortly after, SCMP declared China has found an ally in singapore. Lol...nudge nudge wink wink...wonder how much money has George Soros made? No wonder Pope Francis called unbrindled capitalism as the dung of evils...
The Shanghai index consists of blue chips. Their valuations are still relatively reasonable. The index up does not equate to the many thousands of small caps " being rescued" .... Did the small cap index rebound as much as the Shanghai index?Delete
Tharman knows that there is no game of musical chairs for the PM seat. But he has no option. Where else can he draw a $million salary? Surely not in any IMF position or anywhere outside of the Leegime controlled companies. Being second fiddle to the clown, he also has to act like one.ReplyDelete
So u telling me the fiddler on the roof is ah loong? Or the wify? Since the old man is no longer around...zzzReplyDelete
"Deputy Prime Minister (DPM) Tharman professed that he's not keen on the job ("Unless I am forced to be")"ReplyDelete
Sounds like every Singapore Prime Minister is dragged kicking and screaming to become the Prime Minister.
Did this tradition start when LKY sobbed and cried uncontrollably on TV. When he became Singapore's Founding Prime Minister because Abdul Rahman kicked Singapore out of Malaysia. And as a result, LKY "reluctantly" accepted the role of Prime Minister?
I thought there was a tie between Ong Eng Guan and Lee Kuan Yew, and Toh Chin Chye exercised his prerogative as chairman to break the tie, and made Lee Kuan Yew the prime minister?Delete
At one time they were declaring it was 22%+ almost every year if my memory did not failed me. Then when the CPF issues became a boiling point, they revised it downwards to almost 7~8% annually on top of declaring they never used our CPF savings.ReplyDelete
Which kind of make people suspect they were not being honest or truthful because it was mixed with other funds to become the common pool of sovereign funds, correct?
So whenever they speak, just don't swallow them blindly. They could actually mean the opposite because someone just said what is there to stop a non-chinese to become our PM. The last obstacle being the horrible man that he is is no more there to stop anything.
The filial son of the horrible man sidelined to take charge of transport ministry? You must be joking.ReplyDelete
He is a natural aristocrate and nurtured since birth by the horrible man to be PM for life.
No such thing as PM for life.Delete
Next step is Senior Minister.
Then Mentor Minister
Then Emeritus Mentor Minister
Then National Deity of Singapore.
The descendant shall ascend the throne of Balloon Kingdom - by decree of the parents who now walk the spirit worldReplyDelete
After all, Mussolini was famously credited with making the trains run on time.//ReplyDelete
If we crank up the PAP newsletter like the fascist propaganda machine did for Mussolini, building the myth of efficiency around meritorious aristocrats should be easy and come naturally.
But if one saw the HL yesterday, it was the otter the odious who ate the rich men's mammals that made the front page. Methinks the subliminal message is that you may be the fascists favourite pet , but the wild otter won't tell the difference between koi and wild fish, and you could be had for lunch! Haha pretty neat, I say.
Lost count how many LGs or MGs there are in the junta camp now. Another BG certainly won't harm. Kwek after all only self rated smrt with a "B". We now know it stands for Breakdown. So maybe "A" stands for accelerate? Which Action-General is up for it ?ReplyDelete
Selfie with a Malaysian Politician. For a rogues gallery? Why so diam-diam with international protests at Amos' tribulations? Usually the Minister will be on his high horse with righteous indignation and rebuttals. Must be the votes, because they did let the boy go. As for the musical chairs, we wait with baited breath for the music to stop. Don't get your hopes too high though, because no natural aristocrat will wet his feet in his lackey's business.ReplyDelete
The next PM is likely to be another Singaporean of Chinese heritage....yawn......ReplyDelete