Heng’s Desperate Attempts To Deceive Singaporeans End Up Revealing Enormous True Size of the Reserves
During the Budget Debate on Friday 26 February Heng was asked about using the proceeds from land sales in the Budget. His answer was deliberately disingenuous: “The current approach of […]
Budget 2021- Not Enough Stimulus in FY2020, Premature Withdrawal of Aid in FY 2021 and Not Enough Help for Singaporeans
FOR IMMEDIATE RELEASE Inadequate Stimulus in FY2020 In my last blog post, written just before the Budget presentation, I pointed out that the economy had suffered as a […]
On Eve of Budget 2021, It Is Clear the Economy Is Paying the Price for the Government’s Failure To Provide Enough Stimulus
In a few hours my old Cambridge colleague, the Finance Minister and Postponed Yet Again Seat Warmer PM-In-Waiting Heng Swee Keat, will be presenting Budget 2021. State media have been […]
Well Done GIC for Investing in DoorDash ! Too Bad for CPF Holders Who Don’t Get to Share the Profits
Two days ago the US online food delivery company DoorDash debuted on the New York Stock Exchange and its shares popped by 86% though today they have come off nearly […]
Decision To Withhold Civil Servants Year-End Bonuses Shows PAP Government Doesn’t Understand Economics
On November 27 the Public Service Division (PSD) announced that Singapore’s 85,000 civil servants will not receive any year-end bonus this year . This followed the cancellation of the mid-year bonus […]
PAP Suka Suka Break the Constitution When It Suits. Has Heng?
On 16 June Leon Perera, a Workers Party NCMP, asked a question in Parliament. I reproduce a screenshot of his post below: Unfortunately there seems to be some befuddlement among […]
Fake News Alert!: Why Both Kate Spade Influencer Tin Pei Ling and Her Boss Heng Swee Keat Are Talking Cock
Yesterday Tin Pei Ling, the young PAP MP who became notorious for her posts of Kate Spade handbags that surfaced during GE 2011, gave a speech in Parliament in which […]
Bombshell! Heng Confirms What I’ve Always Suspected: The Government Is Hiding Most of the Reserves from Singaporeans
In his interview with CNA on Wednesday Finance Minister and Seatwarmer-in-Waiting Heng said that Singapore’s financial position will be “a lot weaker in the coming years.” In my last blog […]
Heng Doesn’t Give Any Good Reasons Why the Government Are So Desperate to Rush This Election
Lee Kuan Yew and his son Hsien Loong have never been less than utterly ruthless in crushing any threat to their rule or opportunistically taking full advantage of any crisis. […]
