Any Sec1 student will know why Singapore will not be able to
have a thriving entreprenuership environment or homegrown MNC,
because:-
Is the X-rat being a self-declared defeatist in claiming that
"Singapore will not be able to
have a thriving entrepreneurship environment or homegrown
MNC" ?
We should be wondering why will the X-rat contradict the current
efforts by the PAP Government to teach entrepreneurship at
Secondary Schools and Tertiary Institutions that are also
supported by A-Star and the Economic Development Board ?
As matters stand, are there no homegrown
MNC's ?
What should we call the Singaporean MNC's that are all
Government owned - even as these are seemingly private corporations
: Temasek Holdings, Keppel-FELS, Sembawang Shipyard, Asian
Breweries, Singapore Telecoms, Singapore Powers, Surbana,
Chartered Industries, Unicorn, and a whole list of other
less high profile companies all goverment linked ?
1. We have no raw resources that we can sell such as steel or
oil. Anything made here is imported and then exported out. We are
sorely disadvantaged by such arrangement by its costings.
Obviously, it is clear as daylight that the X-rated experience
is sorely lacking with its limited vision that raw resources will
prevent Singapore from developing our private MNCs.
Without steel, Singapore has been able to become the top builder
in off-shore oil exploration plaforms of various unique designs,
and have not been disadvantaged by the need to import steel plates
and a whole hosts of onboard equipment needed to make a
oil-exploration platform to work.
Without any raw crude as a domestic natural resource, Singapore
has been able to develop ourselves as one of the top three Crude
Oil Refinery Centers, and with high paying jobs to locals.
2. We are only a market of 3 million, not even a singer can hope
to survive in this market, let alone grow MNCs or
entreprenuers.
Did the X-rated mind suddenly become aware that we are only a
market of 3 million, but will believe that this 3 million
population has the critical mass to produce talents that are
comparable to populations having larger population size than
Singapore's ?
How will the defeatist X-rated mind explain for the larger
number of entrepreneurs and inventors in Hongkong,
Switzerland, Israel, and Denmark, when the population sizes of
these countries are close to that of Singapore's 4.5 Million
population ?
Better we work for MNCs, become middle management and work our
way up thru experience beside foriegn talents and welcome cheap
foreign labour to work here in order to attract MNCs.
Can the X-rated mind believe its own lie that a foreign owned
MNC will see a larger number of locals sitting in the top or middle
management levels, in an environment where the Singapore Government
has an "Open Door" Policy ?
It is only in a defeatist mind that opt out of its own
challenges and prefer to play it safe to work for others instead of
being daring to venture on its own.
If the forefathers of Singapore in 1819 through 1960s had
adopted the same kind of defeatist attitude, they would have stayed
home to work for the many Colonial setup in the various cities
colonised in their respective Home Countries.
If the forefathers had not allowed their spirit of enterprise
and venture to seek new fortunes for themselves, would we have a
successful Singapore today ?
Singapore had more private enterprise from 1819 till the PAP
Government stepped into governing a truly independent Singapore
in post 9 August 1965, and decided to chop the feet of
private capital, and takeover private enterprise out of their own
fear of private capital being put into political support.
There is a fear that such foreigners may replace us in the work
arena, but as long as Singapore is our country, no foreigner will
ever be able or even hope to replace us unless we all are dead. But
we are not gonna roll over and play dead for sure and instead be
competitive and take competition by its horn, and win.
Singapore may continue to be our country, but when
Singaporeans have no say or control over their own work arena, and
allow the PAP Government to have foreigners replaced us, and stay
in our midst to compete for residences that are affected by the
artificial high prices willing ly paid by the high
salaried foreigners - can we win in a war with one hand tied
behind our backs by a Government that protects the foreigners and
not Singaporeans ?
Ultimately, it boils down to salaries and compensations for
allowing such foreigness unto our shores? What's in it for us
citizens? Are we to compete on same salary scale?
Is the X-rated mind of a X-rat kid suddenly aware that there are
differences in the "salaries and
compensations for allowing foreigners unto our shores"
?
Are we not supposed to compete on the same salary scale as the
foreigners ?
Or are the MNC's allowed to bring in their preferred "foreign
talent" pay them high compensation arrangements, while cutting the
costs of local management so as to be able to have their own
"foreign talent" to look after their own interests ?
Will a Singapore Company have a Chinese National to be its CEO
in its branch office in Beijing, or for that matter - a British
Citizen as its CEO of its branch office in London, and then also
local employees in the critical position as Financial
Controllers in the branch offices ?
It has been a common practice to transfer as many staff from the
Home Office to allow for confidential information to be handled
internally.
This also applies to areas of special skills and or
expertise that will be required to be kept in-house without
too much high-tech details from being taught and transferred
to third countries.
No, there is a win-win situation for all:-
Capitalism abhors wage controls and will leave for cheaper
shores. We dont need wage controls or minimum wages. Bosses are
entittled to their large bonuses for they provide the capital and
take the risks. Our govt only tax them 18% and uses such monies as
revenue for social spending or saving.
What social spending has the Singapore Government have in its
annual budget ?
Can 18% tax on the bonuses of "bosses" be sufficient to pay for
the "social spending" when the Government abhors "social welfare"
?
What "social savings" are there, when the Annual Surplus of
Singapore have been regularly transferred to the GIC and Temasek
Holdings instead of being transferred into the National Reseves
?
Yes, Capitalism require "free market mechanism"
to exist - could the failure of capitalism in Singapore in bringing
economic progress due to the interference of the Singapore
Government in the "free market mechanism" ?
Singapore will insist that the Singaporean Wages to be
determined by a tripartitie committee of "Singapore Employers,
Trade Union and the Government" - with the Government already
overwhelming the 3-chair discussion, and all weighted in favor of
the Government (which is also the biggest employer of Singaporeans,
and with the NTUC being a symbiosis element of the PAP).
Obviously, the X-rat has little intelligence to appreciate the
necessity of minimum wage to entice the Singaporean Employers to
look at locals first - as the Government find it lucrative to reap
in large surplus from the foreign worker levies that it collects
from those semi-skilled workers that are recruited in large masses,
at the expense of those trained in our polytechnics and technical
institutes.
However, it is the workers who help bosses earn profits, and
help our society with funds for social spending thru taxes. Thus
the workers should be better compensated.
Half of the corporate tax should be given back to the citizen
workers in the company, who made profits possible. Foreigners are
never to be entittled to it, for they should be happy to work in
Singapore alone, for in their own homes they would be jobless.
If a company makes 100 million a year, the boss is entittled to
his bonus, other workers as well. The govt takes 18%, and must
never forget that it is the citizen workers in that company who
made it possible in the first place and should redistribute back 9%
to the citizens workers.
If there is only 9 singapore workers there, then they get 1
million each, but taxable and CPF'able, whatever his/her position,
be it the CEO or tea lady. They are citizens. Win - win solution
for all. Refined it, and it may work. If not, then it is just
another idea for consideration till something better comes
along.
The X-rated mind is at its best when it strikes out a it
adventure of fantasy with high fallutin ideals that it weaves to
makes it false message more pallatable.
If a company makes 100 million
a year, the boss is entittled to his bonus, other workers as
well.... and The govt
takes 18% - will the Shareholders agree to this
before they get their cut first ?
The X-rat must be having an orgasmic fantasy to
believe that if there are 9 workers in the company that makes 100
million a year, it will get one million dollars
each !!
Can it work, or is this just another one of the X-rated fantasy
that is no better than the toilet roll that it reads daily while
waiting at the throne ?
With the X-rated ideas of returning half the profits of the
company to the workers for making it possible, has the X-rat
abandoned its "capitalist" position when it defended the
Corporation in its abhorrence of "minimum wage policies" ?
It is amazing that the X-rat will double cross the "capitalist"
position with its call to return half the profits to the
workers.
Clearly, the X-rat is indulging in tom-foolery and not in any
serious thinking even as it will shoot down more serious ideas and
opinions of those who find Lim Swee Say's idiocy intolerable.