The property song & dance show must go on

Date: 16 Jun 2003 17:10:31 -0700
Newsgroups: soc.culture.singapore
Size: 1,846 bytes

THE PROPERTY SONG AND DANCE SHOW IS ALL THAT MATTERS
The MIW are just doing a charade with all this talk
and show of ERCs, restructuring and remaking.
Right from the beginning, they were petrified with only
one thing. The threat of the property market collapsing
and how if it does collapse, it will pull down the banks,
financial institutions. All the reserves the government
had would not have been able to control such a situation.
So, they sat tight, still sitting tight and will sit tight
without making any move till they are darn sure that
it is safe to move. ( After the property market has stabilized ).
Thats the ball game they are playing.
In the meantime, to show they are doing something, they
have all this charade called ERCs, remaking Singapore etc,
so observers and public alike will be made to feel that
they , the MIW are working hard on the problem of unemployment etc.
Its all a show.
This explains why even after so long no tangible actions
are to be seen. Cosmetic makeover a lot. Lowering stamp duty fees,
FTA hooh hah, lowering corporate income tax by 3 percent.
None of these damn things produced anything worth noting even.
The show will continue, despite more job losses, more MNCs
vacating, more businesses crumbling, more bankruptcies,
more loan defaulters etc.
All that matter to the petrified, impotent MIW is the property market.
Anyway, they are the authors of the situation that created all this mess.
They literally manufactured this mess starting with the idiotic crazy
CPF investment scheme.
We have to expose this incompetent lot of self righteous
dumbos and their warped sense of elitism.
"We know best..!! ".... Yeah you sure do pal.
We can see the proof in the pudding your bunch has cooked up.
Till then, the charade and show will go on with all eyes, ears
and noses on the property market.