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30-11-2010, 01:50 PM
Hm.. Because it's our reserves? Policies are debated at the grassroots level and submitted for review at Parliament in a Democracy.
I've seen a few suggestions. One of them is to list the company and distribute the shares amongst Singaporeans. This can be in the form of non-transferable equities.
Analysing the company's performance will allow one to determine if the cost of the "fund manager" is too high. An administrative expense of over S$8 billion for an employee count of over 300 translates into almost S$20+ million yearly per individual. Excessive extravagance?
I take offence at this statement.
This is the type of attitude that typifies Sillyporeans. I hardly expect that sort of reply coming from you. And, No. I'm non-partisan.
I've seen a few suggestions. One of them is to list the company and distribute the shares amongst Singaporeans. This can be in the form of non-transferable equities.
Analysing the company's performance will allow one to determine if the cost of the "fund manager" is too high. An administrative expense of over S$8 billion for an employee count of over 300 translates into almost S$20+ million yearly per individual. Excessive extravagance?
I take offence at this statement.
Quote:(b) it suits your political agenda i.e. you belong to an opposition party.
This is the type of attitude that typifies Sillyporeans. I hardly expect that sort of reply coming from you. And, No. I'm non-partisan.