Monday, February 2, 2009

the sky is dropping money....yeah!!!

Economy in such Bad Shape that Our $250 Billion Reserves may be Tapped
January 18th, 2009


It will be the first time in history if our reserves are tapped to save Singapore from the rapidly worsening economy.

I think it's a major cause for concern, not because tapping the reserves sets a precedence - our government is well known for setting up safeguards to prevent future abuse - but because our economy is in such bad shape that the government is even considering such a drastic measure.

Our Prime Ministers, both past and present ones, have warned against inappropriately tapping into the reserves, reasoning that our reserves are “something which we have built up for a rainy day.”

Well, the rainy day is here.

SM Goh said in an interview earlier today that "if this is not a rainy day, I don't know what is a rainy day" (Channelnewsasia, 18 January)

Our trade figures have declined sharply. 30% of cranes at PSA are sitting idle and shipping freight figures are "close to zero".

It is the first time that a senior political leader has suggested tapping into our reserves, which amounts to more than S$250 billion (see MAS) and is the 8th largest in the world ahead of Hong Kong and Germany (see ranking).

History will be made. And let's brace ourselves for a hard landing

22nd JAN '09, the LEEgime's piggy vault opens!

--------------------------------------------------------------------------------

come this thursday, the tightly sealed and loaded vault with zillions of golde taels, silver ingots and platinum bars would be opened. well, peasants might get some loose broken taels while the toots and toons from LEEgime might get all whole taels....

anyway, there should be something for all peasants. everyone would have some broken taels. yeah!! master chee would be entitled too by the way.

standby for more FLIRT&DESTROY seduction from master chee's deadly secret kungfu manual.

sdppies would be conning...er...seducing...ok - begging for broken taels from poor peasants. their reason: WE NEED THE FUND FOR A REBELLION!! DONATE YOUR BROKEN TAELS GENEROUSLY!!

actually, after the deadly duel in kangaroo hills, they were supposed to vomit out money to compensate for damages done there - broken tables, chairs, windows, doors...and what about bones, pride, wasting so many heavy duty kangaroo kungfu masters' time and resources...etc...

master chee's balls would drop after his undies!!

it would be a humane campaign: GIVE GENEROUSLY TO SAVE THE SDPPIES. they were now listed in the WORLD WILDLIFE CONSERVATION as miserably poor endangered martial arts species.

cny round the corner. donate ALL your ang pows big or small instead to them...so children, that include you. you should know what to do next hor?
__________________

No comments: