pap is almost bankrupt
#1
Angry 

https://www.allsingaporestuff.com/2021/1...fdl5BZrHww
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#2

I thought their money need many men and years to count?
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#3

past 10yrs tax collection all gone within 2 yrs and must dig into reserves.
'so money must come fr somewhere, right?' indranee asked.

so from where sia?
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#4

There is no check and balance, because the ruling party has been having freehand in spending for the past 10 over years. With many infrastructure such as the lack of maintenance MRT system, that resulted our government having to pay for the repairs and replacement in the past few years.

The other transportations system which our government has paid for upgrades and acquiring new buses, etc.

These are the things that we heard report about, what about those that were not reported?

The best part of it is the board of directors of these transportation companies continue to draw their remunerations and the profit sharing, while the people pay for the repairs and upgrades due to their incompetence.
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#5

no wonder heng swee kiat dare not become pm
dont even dare to 'be waiting'
he scared loong push the rubbish for him to solve
of course he just increase gst high high
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#6

If ah jinx dont take such humongous salary and the ministars cut their salaries by half, our savings will not be that low.
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#7

oh no...left about 59billion only
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#8

(04-11-2021, 01:30 PM)Sharexchange Wrote:  oh no...left about 59billion only

no wonder ho ching resign
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#9

They should question themselves.

is Mayor need? this new post? somemore not just one but a few
Increase number of MP? on surface claim give more chances for opposition ?? but in return all. these tax even more from public funds.


Summary THEY ONLY KNOW HOW TO TAKE MONEY BUT DON'T KNOW HOW TO EARN unlike the Old PAP lead by LKY
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#10

Is just like a spoil child keep asking for money but don’t know where the money given had gone to? They should ask themselves their salaries can cut or not? The citizens also suffering with pay cut and no bonuses.
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#11

How much loan from IMF was used for this Covid Pandemic?

Or SG is bankrupt because of the 39 Boeing planes?

Why do we need 5 Mayors and 80 PAP Ministers? 
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#12

Those spendings early 2020 by HSK is shocking. No wonder he stepped aside now.
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#13

so later pap will charge S$1000 for 1 vaccine shot to earn money
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#14

No record of how they spend because most likely salaries and losses already taken huge percentage of the spending that why cannot show.
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#15

(04-11-2021, 02:01 PM)Cmpunk Wrote:  No record of how they spend because most likely salaries and losses already taken huge percentage of the spending that why cannot show.

Obviously all along spend more than earn more. Look yearly AGO report on ministries spend money can show u.
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#16

https://www.facebook.com/100004645158251...8899351174
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#17

(04-11-2021, 01:12 PM)menghuii Wrote:  past 10yrs tax collection all gone within 2 yrs and must dig into reserves.
'so money must come fr somewhere, right?' indranee asked.

so from where sia?

羊毛出在羊身上
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#18

I thought invest in India bring riches no body believes.
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#19

How about start by cutting minister salaries by half first? Not too hard right?

疫苗可以不打, 手枪一定要打!
疫苗可以不注射, 精子一定要远射!
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#20

no wonder keep on asking pple to put money in cpf

and die die dare not let other pple become predident then must chose kali-lang to keep quiet abt the almost depleted 'reserves'
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#21

(04-11-2021, 01:08 PM)Cmpunk Wrote:  I thought their money need many men and years to count?

I remember LKY said when asked by President Ong T C, that they would require 52 man years to count our reserves.... Big Grin
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#22

(04-11-2021, 01:12 PM)menghuii Wrote:  past 10yrs tax collection all gone within 2 yrs and must dig into reserves.
'so money must come fr somewhere, right?' indranee asked.

so from where sia?

JUST ACT POOR.
WHERE IS THE 1 TRILLION RESERVES ???
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#23

(04-11-2021, 01:18 PM)kangtangman Wrote:  There is no check and balance, because the ruling party has been having freehand in spending for the past 10 over years. With many infrastructure such as the lack of maintenance MRT system, that resulted our government having to pay for the repairs and replacement in the past few years.

The other transportations system which our government has paid for upgrades and acquiring new buses, etc.

These are the things that we heard report about, what about those that were not reported?

The best part of it is the board of directors of these transportation companies continue to draw their remunerations and the profit sharing, while the people pay for the repairs and upgrades due to their incompetence.

WHEN U ARE RICH CAN ANYHOW SPENT.A $500K DUSTBIN DESIGN IS WORTH EVERY CENTS SPEND!!
VB  SAID NO REGRETS ON VASTLY OVERSPENT ON YOG
NP STAFF BICYCLE IS >$1000 !!
THIS COVID 19 IS REALLY A WAKE UP CALL TO PAP
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#24

(04-11-2021, 01:59 PM)mikotan Wrote:  Those spendings early 2020 by HSK is shocking. No wonder he stepped aside now.

HSK had proposed that all  ministers are expected to have 3 months without salary....don't know whether it was implemented or not.... Big Grin
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#25

How can pap be bankrupt? It is Singapore bankrupt lah.

Pap is not equal to Singapore.

But it will take many decades for Singapore to be bankrupt , if ever.
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#26

(04-11-2021, 06:05 PM)RichDad Wrote:  How can pap be bankrupt? It is Singapore bankrupt lah.

Pap is not equal to Singapore.

But it will take many decades  for Singapore to be bankrupt , if ever.

We will not be bankrupt so soon, cos there are many sources of income to the garment, such as COE, corporate taxes, GST, personal income tax, property tax, stamp duty fees and FW levy etc......... Laughing
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#27

(04-11-2021, 01:08 PM)Cmpunk Wrote:  I thought their money need many men and years to count?

Not their money .

It is the people's money. Belong to the state not party.
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#28

(04-11-2021, 06:10 PM)debono Wrote:  We will not be bankrupt so soon, cos there are many sources of income to the garment, such as COE, corporate taxes, GST, personal income tax, property tax and stamp fee  etc......... Laughing

How can SG be bankrupt?

Our reserves are over $1 trillion, maybe $2 trillions. Market induces at record highs, go figure.

Gahmen just want to suck more money to put back into reserves.
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#29

(04-11-2021, 06:13 PM)RichDad Wrote:  Not their money .

It is the people's money. Belong to the state not party.

It is a two-key system, PM Lee holds one key and the Elected President holds the other... Big Grin
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#30

(04-11-2021, 06:21 PM)debono Wrote:  It is a two-key system, PM Lee holds one key and the Elected President holds the other... Big Grin

Don't care how many keys, it is not pap money.
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