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 […]
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 […]
“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.
MICA’s Response Fails to Reassure
A few days back there was a comment posted on my blog by @Lengyiren drawing my attention to a posting on www.gov.sg saying that the government had rebutted my claims about the […]
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.
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 […]
Tharman joins the King of Spain in a Royal Elephant Shoot.
Recently the Spanish King was in the news after it was discovered he had been shooting elephants in Botswana. The outrage was not sympathy for the elephants but the discovery […]
The Ricebowl Singapore (TRS) 