Tuesday, October 11, 2011

Inequality in Singapore

The title of this article suggested that it is about America. But Lucky Tan is talking about Singapore and how conditions in Singapore are so much worse than in America. I agree with his views, which are quite close to my views. http://singaporemind.blogspot.com/2011/10/speeches-from-cnbccom-speakers-corner.html

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3 comments:

Tan Kin Lian said...

Here are the grievances of ordinary Americans towards the greed of the corporate sector .... http://www.cnbc.com//id/44846255

They are using CNBC's Speakers Corner.

October 11, 2011 1:31 PM
Anonymous said...

Dear Mr Tan
I share the same concerns with you and Lucky Tan.

I have no issues with rich folks. All I'm asking is that our government puts in a little bit more effort to help the less fortunate.

I have no issues with the extra resources devoted to young kids in our schools' GIFTED programme. Small class size (about 16 students per class). Good teachers with teaching assistants to help.

But I'd also to see some resources being put to reduce the class size of our "ordinary" students. From current 40 plus students per class to at least around 20 per class.

I know this is not going to happen just by me writing about it.

The only way to bring about change is to vote for more Alternative Political Parties.

And I will continue to pursue my private campaign to convert one voter at a time until GE 2016.

Every once in a while, I know I will convert a person of influence within his own social circle.

And this person of influence will multiply my efforts within his social circle.

I may be just one person. But I will not be bullied anymore.

October 11, 2011 1:40 PM
yujuan said...

The American protest gatherings against the FIs, starting from Manhattan, and slowly spreading across the country could not be taken lightly. Only our mainstream local media try to tone down its serious scale for obvious reasons. Copy cats could spread round the world, starting with Europe first, where taxpayers and shareholders have to pick up the bill to bale out troubled European Banks.
What about Singaporeans, our hard earned CPF savings were used by GIC to bale out UBS. Any more future baling out by GIC for this jinxed European Bank? This bank may also have been caught in the Junk euro bonds. Are we going to pour in more of our CPF Funds if further rights issues called in the near future. Ask Tony Tan, he started this messy investment, he has to find way to clean up this mess. One thing right he said, UBS is going to be long term investment, so long it would take us more than a decade to recover the loss.

October 11, 2011 2:26 PM

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