| the grandfather speaks | ||
 | and i think he's inching towards the onset of alzheimer's."So for the average family earning S$1,500-S$3,000, we are talking of astronomical figures but for people like me in government, to deal with the money which we have accumulated by the sweat of our brow over the last 40 years, you have to pay the market rate or the man will up stakes and join Morgan Stanley, Lehman Brothers or Goldman Sachs and you would have an incompetent man and you would have lost money by the billions." it urks me to think that every minister has a potential as an investment banker. it would be fun to take a backseat and allow the ministers to take a gamble in the private sector where they might not earn half as much as their current pay before the raise. "If you are going to quarrel about S$46 million – up or down another S$10 to S$20 million – I say you don't have a sense of proportion." maybe we should redistribute the $20 million saved to those on public assistance and see a 50,000x increase in their quality of life. how's that for proportion? "We are quarreling about whether we should pay them $46 million or $36million, or better still, $26 million. So you save $20 million and jeopardise an economy of $210 billion?" similarly, how about saving $20 million to prevent a mass migration of disgruntled local talents and starvation of the poor? not economically advantageous enough, i guess. channelnewsasia.com - But he added that it had taken much persuasion to get leaders like Dr Ng Eng Hen, Dr Vivian Balakrishnan and Dr Balaji Sadasivan, who had lucrative practices, to give it all up to join politics, with no guarantee of success. ah, the man who thinks $290 a month is more than sufficient for living. i wonder why they even bothered. (how about pegging the public assistance grants to the lowest earners?) Labels: news |
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yunfei, male. born 16 oct 1986. unfucked, unloved, unknown. |
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