Ok i've been feeling sick but tat doesnt mean i've lost my sense of humour. Heres what happens when you dont have sex. So gals, please let us haf sex :)
the great talib signed off at 10:54 AM
July 10, 2008
Here is an interesting recent article by our good finance minister.
------------------------------------------------------------------------------------- SINGAPORE : Finance Minister Tharman Shanmugaratnam has warned that Singapore could face another round of inflation if companies increase wages to help workers cope with the higher cost of living today.
He said this will also affect Singapore's competitiveness and the ability to create jobs.
Mr Tharman was speaking to some 500 workers at the Singapore Industrial and Services Employees' Union dinner on Wednesday evening.
Higher rice and oil prices have led some Singaporeans to call on the government to set the tone by raising wages.
But Mr Tharman said such short-term measures are not prudent. Instead, he said the government has provided assistance to help Singaporeans deal with the higher cost of living.
These include S$500 million in GST Credits - to help citizens cope with the increased Goods and Services Tax - and special bonuses for senior citizens.
Mr Tharman said Singapore also addresses the problem of inflation mainly through its exchange rate policy. Since the beginning of last year, the Singapore dollar has appreciated by 11 per cent against the US dollar.
However, the minister said there is a limit to how much Singapore can allow its dollar to rise to fight inflation. Mr Tharman said if Singapore dramatically strengthens its dollar to offset the higher prices, it will instead hurt economic growth badly.
He said oil prices have increased by 50 per cent since the start of this year. And it has gone up by about 100 per cent compared to a year go. Food prices globally are now up to 60 per cent higher than one year ago.
Mr Tharman cautioned Singaporeans to brace themselves as oil prices may increase further.
He said, "We expect inflation to be between 5-6 per cent on average this year, with inflation being lower towards the end of the year. We also expect inflation in the second half of the year to be lower because the effects of last July's GST increase on inflation will wear out.
"However, the recent sharp increase in global oil prices will add pressure on inflation. So we are monitoring this and the impact on inflation closely, and will decide if inflation forecasts for this year need to be revised."
Looking at the global situation, Mr Tharman said the weakness in the US economy could extend into next year. But he maintains that Singapore can expect Gross Domestic Product growth to average between four and six per cent this year.
Mr Tharman said the lasting solution to inflation is to continue with efforts to help workers upgrade their skills and earn better wages.
He said it is also important to help experienced, mature workers stay employed and help home-makers get back to work. This will not only increase the household income, but help improve Singapore's tight labour market.
So let me get this straight in 3 points (which i got from ppl in hwarezoneforum heh)
1) things r getting more expensive due to GST up 2% and inflation 2) Foreign Talents are coming to our countries, snatching our jobs and places in uni (not to mention that companies prefer them bcos they dun have to do oh-wat-isit-called InCampTraining (which btw is from the government tsk)) 3) and now these very same ministers who just had an increase in their pay would not let us, peasants increase our salary to match the cost of living
wow.. MANY GOOD YEARS ahead as the hardwarezone ppl would say. and oh.. Mr Tharman said the lasting solution to inflation is to continue with efforts to help workers upgrade their skills and earn better wages. RIGHT.. ok.
haha but then again. who am i to judge. my economics knowledge is afterall very limited. hopefully whatever he says is true. or i foresee Singapore destroyed in less than 5 years under PAP. no punt intended :)
the great talib signed off at 8:58 AM
Love Knows No Limits And Friendships Last A Lifetime
Here's something that caught my eye while surfing the web. The post had an interesting title. "Lion eats man alive!" So being the sick-minded and blood-craved guy that i was, i click on the link and lo and behold..
Watch it. It touched me. Hope it touches u too. :)
the great talib signed off at 7:38 AM
July 04, 2008
Build God Then We'll Talk
It's these substandard motels on the (lalalala) corner of 4th and Fremont Street Appealing only 'cause they're just that un-appealing Any practiced catholic would cross themselves upon entering The rooms have a hint of asbestos and maybe just a dash of formaldehyde And the habit of decomposing right before your very eyes
Along with the people inside What a wonderful caricature of intimacy Inside, what a wonderful caricature of intimacy
Tonight's tennants range from: a lawyer and a virgin Accessorizing with a rosary tucked inside her lingerie She's getting a job at the firm come Monday The Mrs. will stay with the cheating attorney Moonlighting aside, she really needs his money A wonderful caricature of intimacy
Yeah, Yeah
Oh, and not to mention the constable and his proposition for that "virgin" Yes, the one the lawyer met with on "strictly business" As he said to the Mrs. well only hours before After he had left, as she was fixing her face in a compact There was a terrible crash (There was a terrible crash) Between her and the badge, she spilled her purse and her bag And held a "purse" of a different kind
Along with the people inside What a wonderful caricature of intimacy Inside, what a wonderful caricature of intimacy
There are no raindrops on roses and girls in white dresses And sleeping with roaches and taking best guesses The shade of the sheets and before all the stains And a few more of your least favorite things
Raindrops on roses and girls in white dresses And sleeping with roaches and taking best guesses The shade of the sheets and before all the stains And a few more of your least favorite things
Inside, what a wonderful caricature of intimacy Inside, what a wonderful caricature of intimacy
Raindrops on roses and girls in white dresses And sleeping with roaches and taking best guesses The shade of the sheets and before all the stains And a few more of your least favorite things
Raindrops on roses and the girls in white dresses And the sleeping with the roaches and the taking best guesses The shade of the sheets and before all the stains And a few more of your least favorite things
