Singapore Democrats

Isn't it time that PAP has to step down for misleading people with its propaganda news that has left many being ignorant? Isn't this one great proof? Will Ho Ching be accountable for her many misjudgment? PM has helped to maintain WKS, will he have the power to maintain HC?

Many more errors to come??? Reap what you sow, PAP.

What the CPF investments are mainly tied to this sort of minibonds? When one morning Singaporeans wake up and read from the Shit Times that "YOUR CPF is liquidated"?

I tell you the truth, there will not be 600 people in the Speaker's Corner. They will be at least 60,000 people..and as news spread, much more will join in ...to 100,000 then 250,000 ...then they will walk to the CPF HQ to demand for their monies!!!

Riot police will then arrest the 60+ old men and ladies. They will kick mothers with babies in strollers!

Welcome to modern Singapore...a world of NON-TRANSPARENCY political financial management.

Did Shit Times report this?

Last week when the university students protested about censorship of student press, there were only 60 protesters. Now when it comes to small time money, there are 600.

What then CPF cannot pay out to the retirees? I can see 6,000 or even 60,000 gather together.

Ninety percent of the politicians give the other ten percent a bad reputation

Singaporeans, now do you understand how important freedom of speech and freedom of assembly are? Especially in a police state as Singapore, when you or your love ones have issues but no one to help you and the pap-media doesn't want to cover your story. Protest is the only way to bring attention to your problem and hopefully, have your problem solved. So isn't this a bread'n'butter issues for the six hundred and so victims?

SDP has indirectly forced the pap into letting people gather without a permit in the park, don't you say all Singaporeans should thank them? Kudos to you SDP!!!

The gahmen got anything to do with this Lehman thing or not?

To Ted I agree with you.

This is call Kiasi! Fear! Afraid to protest. Should thankful to SDP for opening the door at Speakers' Corner. Why don't the same people protest the increase of electricity tariffs, cost of living, ERP, etc... too. This is call self-interest protest until they got burnt with great pain at the loss of their hard earned money....not tax money..greed. I guess now the typical Singaporeans realise the important roles of the Oppositions in Parliament.....sign...wake up call...a little too late.

I do feel the same, the credit should go to SDP. Without Dr. Chee and his supporters' relentless pushing for greater freedom of speech, this kind of protest can never be seen here. Thank you Dr. Chee, your family and all your die hard supporters. Well done and keep it up.

This protest to me is the beginning of political reform. Psychologically, it is peoples want to their voices and grievances heard.

PAP, you are out of time and touch. Your so-called system is to work for you not the peoples.

In future and now, Singaporeans want their power back.

[The gahmen got anything to do with this Lehman thing or not?]

Of course they have, otherwise why put someone there to see if any wrong doing was committed so that they can fine them.

They got nothing to do with those investors even though license are issue by them

where is MM and SM ? They are super talented why got problems just keep quiet ? They trust american banks too much.What golden period is the old man talking about.Is our GLC bankcrupt? Why increase 21% in utility, is it the reserve dry up liao? Dr Chee is right in asking Goh CT, where is our money ? Dr Chee is right, A Nation Cheated.

Whatever, the gahmen also has a part to play in this allowing protests to be held without permit. Here I want to give credit to them for opening up. Credit also to SDP. Like I said, PAP shuldn't be afraid of protests, people dun protest for nothing, it is an opportunity for gahmen to see what people are not happy about and see if they can do anything about it. We are not trouble makers.

To all the poor Ah Pek and Ah Soh, How many of you actually believe that PAP will "Look After" you from cradle to grave?

You sow what you reap, For being gullible, not using your own judgment and look the other way when fellow citizen like JBJ being prosecuted for fighting for your freedom.

I have no tears for you all, Enjoy the ride, more shit to come.

FYI, I have not loss a single cent and everytime I see bad news, I'm happy because I'm saving by ammo after the blood bath is over.

And just another tip, the local bank only pay you $20K max for your deposit, that is per name so doesn't matter how many different account you have in the same bank. Don't say I never warn you gullible folks.

600 people at Speakers Corner. SDP cannot even muster 50 people to Speakers Corner.

"The gahmen got anything to do with this Lehman thing or not?"

It is time Ah Beng stop been Ah Beng and wakeup. Everything in financial is inter-related.

Let me educate Ah Beng in a simple way. Let give a example of real-world investment.
Let say Citibank, LehmanBro , Merrill lynch invest in a particular property of which LehmanBro is hold majority of shareholder 50%, and the others hold 50%. Now LehmanBro went bankrupt and no more, but the property need to have money to sustain development, so it end up Citibank and ML need to finance more to topup the 50% previously taken by LehmanBro. But then due to the LehmanBro's bankrupty and financial crisis, everyone become tight with money and not willing to purchase property, now Citibank and ML bear the cost and write off of discontinue/delay of the property. Soon Citibank and ML face endup in financial crisis too.

So how does this related to our super-talent and super-smart PAP government ? First of all, these clowns approved the Temasek holding to pump money into Citibank and ML for investment, and I don't need to teach Ah Beng what money is been pumped to these leeches company. No free lunch and definitely money don't drop from the sky, it only can come from people like Ah Beng, Ah Seng and Ah Lian.

Now Ah Beng, do you understand now ?

See what happens when u think it is smart being quiet? U lose ur money. Well at least it's better than losing your life. But still it is a loss.

So what now about CPF? How will it be affected by the current crisis? Can we have independent views about the CPF?

[quote=David]"The gahmen got anything to do with this Lehman thing or not?"

It is time Ah Beng stop been Ah Beng and wakeup. Everything in financial is inter-related.

Let me educate Ah Beng in a simple way. Let give a example of real-world investment.
Let say Citibank, LehmanBro , Merrill lynch invest in a particular property of which LehmanBro is hold majority of shareholder 50%, and the others hold 50%. Now LehmanBro went bankrupt and no more, but the property need to have money to sustain development, so it end up Citibank and ML need to finance more to topup the 50% previously taken by LehmanBro. But then due to the LehmanBro's bankrupty and financial crisis, everyone become tight with money and not willing to purchase property, now Citibank and ML bear the cost and write off of discontinue/delay of the property. Soon Citibank and ML face endup in financial crisis too.

So how does this related to our super-talent and super-smart PAP government ? First of all, these clowns approved the Temasek holding to pump money into Citibank and ML for investment, and I don't need to teach Ah Beng what money is been pumped to these leeches company. No free lunch and definitely money don't drop from the sky, it only can come from people like Ah Beng, Ah Seng and Ah Lian.

Now Ah Beng, do you understand now ?[/quote]Like that ha? Then gahmen no good lah. Why you never say earlier? This type of thing I dun know mah. So now how? Lucky I never invest in this type of thing, never trust them anyways.Heng ah baboo liam keng.

Wow! Is that a photo of the protest taking place? It underlines the fact that if a money issue is involved in sinkapore, you can easily gather a big protest crowd. If it's about freedom and rights, you get 4 activists only.

It is very true,Singaporeans are self centre and selfish.They won't care about human rights as long as they have a job and shelter.You will not be surprise if you see the investors protest at DBS HQ.

"Lucky I never invest in this type of thing, never trust them anyways.Heng ah baboo liam keng."

every Singaporean is so lucky because your CPF is been invested by Temasek Holding on behalf of frailing and sick banks. In return, these sick banks pay gahmen millons of salary annually, especially when deal go through.
Isn't MM Lee the senior advisor to Citibank? Anyone want to guess how much he get as a sideline ?
Yes, Singaporean is the luckiest specie in the world having LKY, LHL, and PAP. So please don't complain anymore because you are so lucky to have someone help you to lose your money and insanity.

[quote=angry_one]Wow! Is that a photo of the protest taking place? It underlines the fact that if a money issue is involved in sinkapore, you can easily gather a big protest crowd. If it's about freedom and rights, you get 4 activists only.[/quote]

This is reality..

SDP should talk about money now and how to make a good living rather than always not happy with the government restricting them.

Money rules.. not democracy

The reality is:

Life savings is hard earned $.
Tax money is easy money just simply raise the taxes e.g.7% GST...etc.

Comparing to $billions losses, $500 millions loss is peanuts!

[quote=tewniaseng]where is MM and SM ? They are super talented why got problems just keep quiet ? They trust american banks too much.What golden period is the old man talking about.Is our GLC bankcrupt? Why increase 21% in utility, is it the reserve dry up liao? Dr Chee is right in asking Goh CT, where is our money ? Dr Chee is right, A Nation Cheated.[/quote]

Dirty Harry busy teaching Indian how to run India.

Woody busy trying to throw a spin on how bad the economy is and need a pay rise to get us out of the shit hole.

[quote=Anonymous]
Dirty Harry busy teaching Indian how to run India.

Woody busy trying to throw a spin on how bad the economy is and need a pay rise to get us out of the shit hole.[/quote]

Teaching how to oppress the whole nation. Dirty Harry forgot that these are the people who had chased out the British Colony. LoL

This is really saddening. But on the same note, i wonder if anyone is seriously about to get anything back as SG and HK activity seems to be entirely different.
I wonder if any authorities will start using "Show me the Black & White that I said this, this, this" (Basically Mis Sell) So when this happens, i wonder whether anyone can do anything about it?

"I wonder if any authorities will start using "Show me the Black & White that I said this, this, this" (Basically Mis Sell) So when this happens, i wonder whether anyone can do anything about it?"

Don't have to. Just take a wait and see approach with Hong Kong. Hong Kong is now threatening to suspend the license of DBS which will further stain the business relationship with Hong Kong and China. So much for financial hub. If the HK investors are not satisfied and fully compensated, there will no longer Singapore banks in Hong Kong, and that is for sure. Singapore need Hong Kong more than Hong Kong needs Singapore. Do you think DBS asking black and white for HK will work ? I say over their dead body. Therefore wait til decision make on Hong Kong before taking action on Singapore. That is the best approach.

What do you think ? MikeOfGeylang ? Is it better than Geylang ?

Was this the practice of only the DBS branch I went to, or the general policy of DBS?

I cued to put money in fixed deposit. I reached the counter, and was asked if it was a new account I was starting. I said "yes", and was told to join another cue. On reaching the counter, a young officer was there styled "investment and sales manager", who proposed all sorts of alternative to only putting money as fixed deposits to earn a meagre 1.5 %. When I still said I only wanted fixed deposit, he refused to act, saying what a waste of opportunity it was. Then he offered incentives. If I put only a portion as fixed deposit, he would offer good interest on it for the initial six months, provided I buy his investment product with the rest of the money.

I agreed.

All Investment have risk, some high some low so no government can guarantee that your investment make money.

However, allowing banks to solicit high risk investment to ill inform old folks as low risk investment is a crime.

MAS failure to stop such practice is also a failure to discharge their duties.

[quote]MAS has said that while it can impose fines and suspend the licenses of financial institutions found to be in breach of its rules, it does not have the power to order banks to compensate investors.[/quote]

This statement is pure bullshit from MAS. After all, Singapore is well-known for forcing people do things that they don't want to do.
E.g.
- they force male citizens to serve National Slavery;
- they force citizens to contribute to CPF and locking it up indefinitely at their pleasures;
- they force citizens to accept their MPs who had not got a single vote casted for them;
- they force citizens to vote for PAP else they will call in the army;
- they force citizens to stop chewing gum to protect their MRT;
- they force citizens to pump 3/4 tank before crossing the causeway to protect the petrol companies;
- they force citizens to buy COE to register a vehicle locally by making it illegal for citizens to drive or operate a foreign vehicle in Singapore;
- they force self-employed to contribute to medisave by not renewing their business or professional license;
- etc. etc.

So what is this crap they are talking about having no power? For all it is worth, it can suspend the licenses of the banks indefinitely till they compensate all the investors.

The real question is, why will they want to do that when so many ministers are holding the banks stocks and sitting on the banks board of directors? It does not benefit them to help the investors, it only benefit them to help the banks.

We are looking at a serious conflict of interest here.

The bottom line is, Singaporeans cannot expect any help or decency from the PAP government. Singaporeans can only help themselves if they unite to get rid of such unscrupulous politicians with such deep rooted conflict of interests out of power.

First, the LAYMEN (& WOMEN of course) got LEH'd/LAID by those German brothers, the LEHMANS.

Then the LEHMENS got LAID by the US government (HAGMEN, in Singapore-speak) when they didn't get a bailout
- "Was erwarten Sie uns, zu tun, Herr Lehman? Sie sind schliesslich Deutsch! Und Sie sollen können, wir Liebe winkeln, um Sie zu schrauben FUCKIN' MORONIC Teutons, kekeke..."

And of course, just as Chinese love to - can only hope to - bully Chinese, Singaporeans - GAHMEN, BANKS, INSTITUTIONS OF ALL CHARACTER - love nothing better to bully, screw Singaporeans.

So, even as DBS pays most, if not all, Hongkong Minibond/High Note investors, barely a cent will be earmarked for the hapless LAYMAN/LAYWOMAN Singaporean investors who get LAID by the Lees day in, day out, year in, year out after all for the last 47 years!

Now we know when DBS mentioned USD53 million compensation, it had beeen intended for both HGK and SGP markets - the latter getting the end-shit, again, of course - since DBS/Temasek & the Lee/Ho/Kwa Unholy Trinity need to further pursue their moneyed interests in China so have to pacify the Hongkees first.

WTF is he doing right now gathering those poor ah peks and aunties to rally against MAS???

After all, hadn't he been a part of the Establishment that's out to cheat Singaporeans, having helmed Income for the longest time??

He'ssore after being booted out unceremoniously out of income, losing his million-dollar salary (on his lowly HSC certificate) so that he's trying to make a comeback - a POLITICAL one, no doubt?

Kin Lian, Kin Lian, I urge you'd better back off soon. And fast. Or else all your stupid teekorpek antics you like to pull on the hapless female workers at income will be exposed once and for all to end your life as it is!

[quote]600 people at Speakers Corner. SDP cannot even muster 50 people to Speakers Corner.[/quote]

He does have a point there, you know.

Sad, huh? Pitiable, pitiful Singaporeans...