BoA also having trouble.....

BOA reports profit drop, capital raise

Is ML really in good hands ?

Originally posted by Mid9Sun:

Ok, to humor you. You think by the time your "the end of the world" or "Armageddon" comes, you think reserves will have any use??

 

Not to be rude, but do try post intelligently. Thanks.

pwees lor.. what you think reserves is for leh ?

Last time during the housing bubble crisis.. they also never touched simi reserves..

So many people kena burnt.. so many equity go poof.. you think they care meh ?

You die is your problem.. bail out will not happen in SG lah.

Originally posted by Mid9Sun:

nah..I am not advocating that now must use...but rather get a more informed knowledge then just a term call "rainy days"

Uh.. how about .. "the end of the world".. or " Armageddon"...

Originally posted by Mid9Sun:

You know, the govt keep saying that the national reserves cannot be use until rainy days.

 

Given the current dreadful economic conditions and with all the price hikes and the raising inflation, isnt it a reasonable time to consider??

 

I am sure the MIW will strongly disagree, and I would like to know then what their of "rainy days" mean, is it world war 3 or alien invasion??

Nah.. now is a good time to use the crisis as a good excuse to increase national reserves.

Originally posted by parn:

Sad thing is the people relied and placed their focus too heavily on the government that they have forgotten to focus on themselves.

So does having a change of government produces better citizens?

People are never satisfied with what they are enjoying, especially when their comfortable lifestyle is created by the existing government.

For people who failed to look at themselves as a citizen of a country, certainly do not have the rights to complain when they have been spoon-fed, grew up in a country of peace, living comfortably.

Ungrateful citizens have just been upgraded to Shameless citizens in my opinion.

Some people are just easily satisfied with themselves or simply not capable of expressing appreciation.  

LOL.. you're really refering to the million lollar ministers, no ?

Originally posted by angel7030:

We are doing it, some of our workforce are working in China and India now, and if too many of us go over there, they will built dormitory for us too, then the indian and chinese will start to complain to their govt about our kiasee, kiasu and stuck up attitude that they do not wish to let us built our dormitory near their houses, cos our laksa flavour stink

Oh.. no.. it's the opposite.. if they build dorm for Singaporeans to stay.. their nearby property price will go up.

Because we are law abidding people.. we don't spit and litter their grounds like they do to their own land.

If we go.. the land will become pristine again.. it will become very clean and orderly...

Then we will build a good international school for Singaporean children.. and it will bring up the school ratings in that area.

Then their local will want to come live near the Singaporean workers dorm. The neighbourhood will become very desirable....

That is the difference my dear.

Aiyah.. just treat her well lah...

The harder you put your death grip on her.. the faster she runs.

Originally posted by reyes:

we are rich in paper asset, poor in cash.

are we really prepare for the coming recession?

be careful

Donch worry... we have billions in reserves.. if economy crunch..  our gahmen can also do the "bailout".... I hope......

I heard Iran bank is offering 16% interest...

Originally posted by maxtor:

i think there was an article by the MAS saying there is no need to increase the $20k guarantee on the accounts. Saying that the $20k covers more than 80% of accounts already.. honestly i think this is crap.

That just means 80% of account holders don't have more than 20K in their bank account lor... very sad.

Are we really that poor ?

Originally posted by reyes:

i can only suggest DBS bank.

defintely can gurantee all your saving than what it stated officially SGD 20,000.

 

Lealli ? Then why don't DBS officially state ALL deposit will be guaranteed.. instead of just SGD20k ?

Then you should be proud other guys want to chase your girl.

That means you got good taste.

Originally posted by cherrycola:

That's what I am doing.

That's great.

If he ever ask you why you never contact him.. your answer should be as short as sweet as this...

" I like you.. but I don't want a relationship with you."

Right now.. just chuck him at the back of your mind.. don't let a man short change you.

Originally posted by reyes:

put your money where temasek put theirs and you are alot safer!

lealli ? Can you guarantee that ? LOL

Originally posted by maurizio13:

 

One month before election we will see at $4,000 handout for every citizen.

 

 

 

 

 

Six months after the election after P4P has won,

1) We will see GST 10%

2) Electricity increases (by then they will be using futures prices for 2050)

3) Bus fares will increase another 20 cents

4) Property tax will decrease, but they will increase the Net Annual Value of your property

5) Marlboros will cost $20 a pack

6) Petrol tax will increase to help fight environmental pollution

7) CNG will be taxed because many converting from gasoline to CNG will reduce government taxes

8) HDB 3-rooms (2 bedrooms) will start from $400,000

9) ERPs will cost $5 per entry

10) Singaporeans salary will remain the same (after taking effect the cost of inflation) due to the high influx of foreign talents to compete for wages, therefore depressing wages of citizens.

$4000 handout .. is nothing during a golden period.

$400 handout is God sent in times of economic crisis...

Originally posted by cherrycola:

I am not blaming him for saying that. It's just that when he says that, I get confused because I assume that if a person likes you, he/she naturally wants to be with the person.

And if like what you said, he likes me but does not want to be in a relationship, how am I supposed to react to that?

Very simple.. you need to give him the cold turkey.

Singapore banks only insure 20,000 per account yes ?

LOL.

Be careful where you put your money hor.... donch say I never warn you ah.

You mean.. you donno where to meet the kind of girl you want , yes ?

Firstly... if you donch know what kind of girl you fancy.. then we cannot tell you where to find her.

So you gotta make up your mind first hor.

Alamak.. kena rejected only want to piss people off ..

You think you Takeshi Kaneshiro issit ? Girls cannot reject you har ?

Please lah.

Rejection is part of your growing up. Learn to deal with it.

Now only kena rejected once.. still got a lot more rejection ahead before a girl say yes ,ok ?

Ask yourself.. how many girls you want to piss ? LOL.

The more you act like a jerk .. the more she is convinced she made the right choice rejecting you.

I looked into my crystal ball this morning.

I see that come election.. the Singapore economy will be in turmoil.

Even if it isn't.. PAP will likely make it  seem so.. the media will report heart stopping news of how the Singapore economy is sinking

Reports of gloom and doom everywhere.....

.. and people will lose their jobs as investors pulls out of little red dot.

The future is scary..out of fear...no one will want to vote for the opposition.

They will tell you.. if you want to fix our economy.. you must vote us...for we shall be the savior of your livelihood.

In the end.. there will be a one party rule again.

Suddenly.. the crystal ball exploded and I wake up with a severe hang over...

Originally posted by Itedino:

Dun ever question the RICH but to QUestion LKL and LHL.

I say already, Once they donate half of their fortune.

Singapore tomorrow immediately prosper. Shares will shot up in singapore

Cannoot !!

Later they donate their money to local charity... Singapore kena inflation !!

Originally posted by parn:

Why not you just admit that you're not good enough for Singapore? Not good enough to survive in here?

There's nothing wrong with the country, it's the people like you who are not good enough for your country.

Do you really think your country is not good enough for you? Think again before you answer ok?

Eh Parn,

Let say got one rich foreigner can offer you a 88K diamond platinum ring.

Will you go back with him anot har ?

He got a 10 bedroom mansion and 20 sports car waiting for you to sit in the passenger seat and 1 private jet plane.

You want anot ? I got one to recommend you leh.

But hor.. you must be at least 1.7m tall and prettier than Dawn Yang with big boobs like Li Chi the actress who married Jet Lee. OK ?

What you think ? Good offer , yes ?

oh oh !! That's me..

LIVES LIFE TO THE FULL Alcoholic. Likes to start the day with a couple of Bacardi Breezers. Happy Hour is her favourite time of day.

Got Beer ?

Originally posted by skythewood:

actually, the middleman lending money at high interest rates... isn't it like professional loan shark?

high interest rates ? where got ?

Originally posted by parn:

The moment the person placed himself on the scale to compare with others, he is already acknowledging he is inferior to others.

But I think Singaporeans do that very often. Especially the SG Guys, cannot lose out to anyone......especially to me.

They need to be like me, no need to compare with anyone.

Once they compare themselves to me by quoting my post in agitation, they have already "Game Over".

Eh parn.. since you are so out of SG guys league.. then what kind you looking for ?