Using Funds “Wisely”?
TRE recently posted up an article by Jeremy Chen with the opening salvo, “This is something of a response to a proposal by Kenneth Jeyaretnam to privatize Temasek Holdings and GIC […]
How to Create A True Property Owning Democracy through The Privatization of Temasek and GIC
In my last blog post (see here) I pointed out that since 2009 I have advocated the privatization of Temasek and GIC and the distribution of shares to Singapore citizens. […]
Has Temasek Found A Cure for Balding?
The question of the transparency and proper accounting of our reserves has been a primary concern of mine for some time, in fact ever since 2009. A major theme has […]
Ding Dong the Witch / Wizard is Dead?
Last week saw the funeral of one of the most divisive and controversial figures in modern British history. Her family should take comfort from the strength of the opposition to […]
Singapore, Lagarde Stealing from the Poor to give to the Rich
With reference to my legal action to block our government’s loan commitment to the IMF you may have heard me say that I am not necessarily opposed to giving the […]
Singapore: From Economic Powerhouse to The Sick Man of ASEAN?
Singapore ‘s economy contracted by 0.6% in the first quarter of 2013 compared with the corresponding quarter of 2012. On a quarter-on-quarter seasonally adjusted annualized basis the economy contracted […]
2012 stats in review
The guys from WordPress.com stats prepared some stats for me which I am sharing with you. Sadly November, December and January have been largely inactive due to IMF appeal work and […]
Why I will be appealing the IMF Loan Judgement
Why I will be appealing the IMF Loan Judgement
Presidential Candidate Tan Kin Lian speaks out on unconstitutional IMF loan, donates $1,000.
Presidential Candidate voices out on IMF loan appeal and pledges $1000!
“I find this argument highly insulting and hugely dangerous”
"I find this argument highly insulting and hugely dangerous" How the learned judge's decision upset this Singaporean.
Statement on the IMF loan judgement and appeal for donations
On 22 October 2012 Justice Tan issued a judgement in my suit which must be of grave concern not only to all citizens of Singapore but to citizens fighting for democracy wherever they happen to live. If the Court is correct it matters not how blatant, how transparent or how deliberate the breach of such a constitutional provision is; the simple and inescapable consequence is that no citizen may challenge it.
Hard Truths or Plain Racism?The Government’s Hypocritical Outrage over Amy Cheong
While we can all condemn Amy Cheong for the unthinking racism of her remarks, we should wonder whether they just reflect the tone of institutional racism that is projected from […]
How to Make A Small Fortune in Banking (A Further Note on Behind Chamber Doors)
A thought experiment imagining that the government is a bank (or more accurately a long only hedge fund). This is not far-fetched given the highly leveraged balance sheet shown in the annual Statement of Assets and Liabilities.
A Case of the Pot Calling the Kettle Black?
I decide to look at the background of the members of the board of Temasek Holdings to see how many are truly independent. I also compare Temasek’s governance framework with the Norwegian Sovereign Wealth Fund to see how far we are following what could legitimately be called 'best practice'.
Behind Chamber Doors. (Why wait for the Judgement when the State Media have already decided the IMF Loan Case outcome?)
As most of us are aware the government controls the media both directly, through Temasek’s ownership of MediaCorp, and indirectly, by its power to appoint the senior management and the […]
Roach Motel Or Investing for the Long-Term: You Decide What Best Describes Temasek’s Investment Strategy.
A “Roach Motel”, originally a term used to describe a cockroach trap, has become a metaphor used by hedge fund managers to describe an investment that is too large in […]
