The Singapore People’s Subsidy (SPS):

Has anyone heard of this SPS? The people have been bombarded with govt subsidies everyday that they are either going bonkers or numbed. If you read the number of subsidies that the govt is giving to the Singaporeans, the govt will be bankrupt long time ago. The latest is something like $60k for a 2rm flat that costs $90k. Wow, wow, how can be so much. Where is the money coming from? There university fees, $20k but pays $6k, and what else…? I am also thinking of giving subsidies to the people, cheap rice at $20 per kilo. My cost is $100. Please queue up. Not to be distracted, what is this SPS? This is the Singapore People’s Subsidy to the Govt in the tune of hundreds of billions. The Govt calls it national reserves. Should it be called the people’s money or savings? How does this money become the national reserves? Or are they really two different things? Have the citizens ...

Full article: http://mysingaporenews.blogspot.com/2012/03/singapore-peo...

Tweets

Now Showing in #Singapore

cathaycineplexes.com.sg 09 Mar '12, 5am

) argue about living abroad. Simin prefers to live abroad to provide better opportunities for their only daughter, Termeh....

Old nuggets from my blog: Record-breaking Number of People Online on MSN!! - Now ain't this a sweet piece of...

Old nuggets from my blog: Record-breaking Numbe...

spinzer.us 03 Mar '12, 9pm

and lives 24/7 on Twitter by the moniker @spinzer. Left Investment Banking to pursue the unleashing of Malaysian Gen-Y's h...

The "Rainforest Chernobyl": Will U.S. Investment Treaty block justice for Amazonian People?

The "Rainforest Chernobyl": Will U.S. Investmen...

foe.org 03 Mar '12, 7pm

The "Rainforest Chernobyl": Will U.S. Investment Treaty block justice for Amazonian People? Posted Feb. 29, 2012 / Posted ...

Singapore Property Blog | Investing in Singapor...

thefinance.sg 03 Mar '12, 8pm

Singapore Property Blog | Investing in Singapore Real Estate, HDB, Condos, Houses 1970-01-01 08:00:00 by Singapore Propert...

Singapore Property News This Week #41

thefinance.sg 06 Mar '12, 2pm

First up for the residential projects is Tuan Sing’s Seletar Park Residence located in Seletar. The 99-year leasehold 276-...