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Tag: reserves

The Truth about that IMF Loan

Yesterday I received confirmation from the President’s office that his permission had not been sought for our republic’s loan to the IMF. So now we know three things in addition to the recent confirmation by the President. […]

Balding Blog, Hair-raising development

Do you love a conspiracy theory? Or do you like to say there’s no such thing as a coincidence?  Monday, as you know,  saw the anniversary of the Tiananmen Square […]

Royal Elephant Shoots Part 2

Yesterday I wrote about the PAP government’s willingness to bail out the Eurozone with generous contributions to the IMF’s lending facility (http://sonofadud.com/2012/04/25/659/). Yet a US$4 billion loan (which represents more […]

A Circular Argument by Massagos in Favour of Slave Labour

Minister of State Zulkifli Massago’s was reported today(http://www.todayonline.com/Singapore/EDC111214-0000085/National-Servicemen-may-be-deployed-to-safeguard-rail-network–Masagos) as saying that , with the expansion of the MRT and the opening of 12 new Circle Line stations the Government was […]

What’s up Doc?

012: What’s up Doc? Or who needs a carrot when you own the farm? In a report in the ST dated 5th Feb 2011*, PM Lee is quoted as saying, […]

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