The 10 highest paid politicians in the world

last SG · 2009-04-02T17:50:56+00:00

got kelong also useless, no fish to catch leonly buy fishes n put in the kelong then say "our FISHES"similar to our FT?

lionnoisy SG

http://www.econstats.com/weo/CAUS.htm

lets base on the above and do some maths.

Lets see how CEO of Singapore,Inc,is PM LHL, worth every single cent.

Salary = annual salary of Executive Head,President or PM in USD$

per capita--GDP per capita at PPP in USD$

Ratio--salary/ per capita as defined above

%=Net national reserve +/debts -- in term GDP(%),in USD

Temask and GIC total net assets amount to over UD$220 billions.

@@@@@@@@@@@

Country..... salary ..per capita$...Ratio...reserve/debts %

USA.......400,000...46,000..........8.7................--77%

SG........2.47 m......47,000.........52.5.................+100%

@@@@@@@@@@@@

U CAN COMPLIE other G 20 countries etc to compare.

wat is the Fxxking use when a country is in heavy debt,for generations,

but the President is so called low pay!!

Like Cantonese say goes,

GOOD THINGS NEVER CHEAP.

CHEAP THING NEVER GOOD.

If anyone tell u cheap and good,beware this is another Mini Bond!!

Ah Chia SG

GOOD THINGS NEVER CHEAP.

The cha bee hoon sold below my flat is cheap and good.

angel7030 SG

GOOD THINGS NEVER CHEAP.

The cha bee hoon sold below my flat is cheap and good.

Uncle, then u go ahead and eat cha bee hoon everyday, and when your final day come, i cook curry chicken for you with cha bee hoon.

angel7030 SG

As our MM said, we need good quality and able people with good paids to sustain our country growth. Our paid is transparent to all, because we knows that thru corruption, we can much much more than this..but we are not.

So dun look at other countries politicians low paid, corruption alone can bring damn billions per year. Siao siao.

And also, he said that, you need to paid millions for people to take cares of a multi-billions asset state. If you pay peanut, you get monkey. Just like some of the Uncles here, being paid peanut by opposition.

soul_rage SG

http://www.econstats.com/weo/CAUS.htm

lets base on the above and do some maths.

Lets see how CEO of Singapore,Inc,is PM LHL, worth every single cent.

Salary = annual salary of Executive Head,President or PM in USD$

per capita--GDP per capita at PPP in USD$

Ratio--salary/ per capita as defined above

%=Net national reserve +/debts -- in term GDP(%),in USD

Temask and GIC total net assets amount to over UD$220 billions.

@@@@@@@@@@@

Country..... salary ..per capita$...Ratio...reserve/debts %

USA.......400,000...46,000..........8.7................--77%

SG........2.47 m......47,000.........52.5.................+100%

@@@@@@@@@@@@

U CAN COMPLIE other G 20 countries etc to compare.

wat is the Fxxking use when a country is in heavy debt,for generations,

but the President is so called low pay!!

Like Cantonese say goes,

GOOD THINGS NEVER CHEAP.

CHEAP THING NEVER GOOD.

If anyone tell u cheap and good,beware this is another Mini Bond!!

Do you know the difference between a Budget Deficit Policy vs a Budget Surplus Policy?

Coz if you do, you wouldn't use the above as a feeble attempt on explaining why our ministers should be paid that much.

angel7030 SG

Do you know the difference between a Budget Deficit Policy vs a Budget Surplus Policy?

Coz if you do, you wouldn't use the above as a feeble attempt on explaining why our ministers should be paid that much.

well, i am just surprise why you are challenging a lion on calculation??

soul_rage SG

So dun look at other countries politicians low paid, corruption alone can bring damn billions per year. Siao siao.

Are you implying that HK, US, UK, and many other developed countries' leaders ARE corrupted?

You best watch what you say, because you are sounding more and more like an arrogant ignorant Singaporean, a product from our monotonous education system. Note that I am not insulting you. I am a product from this monotonous education system as well.

By the way, we are still waiting for you to substantiate your stand on the MVC component, and many other things that you say which are yet to be substantiated.

eagle SG

why never calculate for China, Hong Kong and Luxembourg?

angel7030 SG

Are you implying that HK, US, UK, and many other developed countries' leaders ARE corrupted?

By the way, we are still waiting for you to substantiate your stand on the MVC component, and many other things that you say which are yet to be substantiated.

Oh, i never quote any countries hor, hor hor!! you said it. I aint arrogant nor ignorant, as far as i am concern, i am the most active young singapore gal in speaker corners, because i like to teas...oops sorry, talk to uncles mah.

MVC is a variable component, it is already implemented in most of the organisation, what is there to be substantiate about, and it is not compulsory for organisation to adopt it, if they wish to opts out, no problem, but for my staffs, i already build up a 10% MVC buffer, in case my pubs and clubs business goes down, I will gather them for a meeting to see how much to cut, at the moment, these 10% is part of their salary, including overtimes and bonuses. So, what the big problem here??

skythewood SG

you still don't understand what I tell you?

Like I said, once you start working, then you will truly know the pain. Right now, they are just a set of figures to you, that you have no idea why it makes so many of us here so upset about.

What you want to tell me, i got acknowledge. But i am very tired of you hogging on the point about work experience. I will have to pay off 16k of school debt when i graduate, so money is important to me.

I think you have worked too long, that's why you keep looking at the figures so much.

You are probably thinking that the ministers have such an easy job and they got paid such a high salary... They just need to govern over 3 million plus citizens only right? And they make alot of mistakes too.

And you will be willing to do the job for less pay, and probably do a better job too.

Actually, discuss so much no point. Go join government. Think you earn too much money, donate part of it away. And propose a cut in the pay of ministers when you are in government. The people will sure support you.

gUms SG

very good discussion going on here, I like the part in page1 when speakup defended the pap and then in page2 soul_rage gave a combo hit to defend the oppositions.

Nice debating.... And its defiantly nice being stoned while reading this.

lookslikegod SG

Unless you have the knowledge and is actually ABLE to do a better job than the present govt, I think you should shut the fuck up untill u can prove that you are better than them.

In other words, ACTION SPEAKS LOUDER THAN WORDS.

If you are good, you will definitely be supported. Copy and pasting facts, i also know.

soul_rage SG

read your own statement hor

"As our MM said, we need good quality and able people with good paids to sustain our country growth. Our paid is transparent to all, because we knows that thru corruption, we can much much more than this..but we are not.

So dun look at other countries politicians low paid, corruption alone can bring damn billions per year. Siao siao."

Simply put, the implication from MM is that lowly paid politicians are more prone to corruption. Is that necessarily true? I don't see any evidence from this, just from an old man that thinks that what he says is law. Comparitively speaking, the US president is paid so much less than our leaders, so does it mean that he is not good quality and not able?

As I mentioned before, most SMEs would utilize MVC because it is beneficial to them and not beneficial to the employees. By utilizing MVC, instead of just saying that bonuses can be cut during bad times (Which is what bonuses are essentially used for in the 1st place, to reward in good times, and cut in bad times), we now come out with a secondary 'bonus' component that can be cut from the employee. That is again exploitation of workers. Because you are not paying him more, you are just telling him that more and more of his pay is no longer guaranteed.

Major organizations find MVC a complicated tool, and stick to bonuses. Only smaller companies find it useful for exploitation because its easier to manage a smaller workforce.

soul_rage SG

I think you have worked too long, that's why you keep looking at the figures so much.

And you will be willing to do the job for less pay, and probably do a better job too.

Point is, you have NO work experience, so you still cannot comprehend.

And, do you know the difference between understanding and comprehension? You might like to find out more first before coming back to debate.

Otherwise, your poor attitude is just like a military officer. If you die 10,000 soldiers, to you, there is no pain. 10,000 is just a figure to you, you don't see how people related to the 10,000 soldiers suffer.

Either way, no point to discuss with you further, when we try to knock some sense into you, you just brush everything off and ask everyone to f--k off (as what you like to post in your replies), so there is no point playing piano to a cow. You claim to acknowledge, but in effect, it's all superficial claims in feeble attempts to credit your maturity.

Sad. And we are supposed to improve with each generation. Luckily I mentor juniors that are way above your league, so I know Singapore still have some hope.

soul_rage SG

I put up another example of exploitation.

My junior was offered the job as a Management Associate with a certain cooperative in Singapore (we all know there is only one). In the contract, there is a term that states it is expected that the employee should do OT, burn weekends and public holidays, without any replacement (compensation) via time offs. The contract is, in effect, asking you to sign your 24 hours to the cooperative.

Never mind that the cooperative is run by our union, who is supposed to champion the workers' rights (supposed haha).

I advised my junior to reject the job and inform the recruiter that its because of clause 2.1 (employees burn their non-working hours without compensation), and the recruiter had the cheek to say that the clause is just a clause, it's not really use (then why put it there to potentially exploit the workers in the 1st place?).

The above is what made me move to foreign companies, because local companies tend to exploit their employees with all the blessings from the govt.

If MVC fully takes off, it's again another tool to exploit the workers. Are fellow Singaporeans going to allow such exploitation to continue repeatedly? Why are we allowing such things to happen?

Each time, something detrimental to the citizens is put up to test waters (eg. if people take the job from the cooperative, the detrimental clause will start to appear in all other contracts). MVC is the same thing. Not to mention our Health minister testing the waters by suggesting to dump all our old people to JB. If we don't reject these trials, they will then take root and become something concrete.

soul_rage SG

Unless you have the knowledge and is actually ABLE to do a better job than the present govt, I think you should shut the fuck up untill u can prove that you are better than them.

In other words, ACTION SPEAKS LOUDER THAN WORDS.

If you are good, you will definitely be supported. Copy and pasting facts, i also know.

why not just outsource our leadership and get in New Zealand leaders to run our country? After all, they are proven (ABLE to do a better job in your 'great' words above) to cost less, and perform better than our leaders (They are ranked 1 in least corrupted survey ahead of Singapore)

After all, our leaders enjoy bringing in lower cost labour to replace more expensive Singaporeans. Actions speak louder than words. They should lead by example (replacing themselves since they are way too expensive than the market rates)

Wonder who should really shut up? Probably people like you, the type that defends the govt blindly without sufficient research, only to shoot themselves in the foot

soul_rage SG

well, i am just surprise why you are challenging a lion on calculation??

*shrugs*, he's just good at extracting information and repeating them. There is insufficient analysis before he puts things up. So just reminding him to study more on budget policies before posting.

Budget surplus policies are usually used by small countries because countries like ours have not much else to depend on, except to hoard big amts of $$$. These $$$ are usually loaned to huge countries with budget deficit policies (and sometimes not getting it back).

The true extent of our massive losses are not even known (it's all conveniently hidden from you and I), and the joker actually used our reserves as a way to justify the pay of our leaders? Big joke.

4sg SG

Well said soul_rage. Debate is not just twisting n turning of words, substance is important.

We heard you...certainly me....

skythewood SG

Point is, you have NO work experience, so you still cannot comprehend.

And, do you know the difference between understanding and comprehension? You might like to find out more first before coming back to debate.

Sad. And we are supposed to improve with each generation. Luckily I mentor juniors that are way above your league, so I know Singapore still have some hope.

By knocking sense into me, you mean that I should agree with you totally, is that correct? That is what your juniors do all the time, agree with you? Do they have any ideas of their own to do things differently?

Maybe what you are trying to say that your money, tax money, cpf money, is being misused in the form of compensation to to the salary of the govt right? Just like AIG right?

Yes, I heard you. But you did not hear me. You think that the standard of compensation should follow the tradition, the market rate, of the world. That leaders don't need to be compensated that much, and that is not their main reason to serve.

And i am telling you that i think is not. yes, you can pay 100k per annum for the minister, and they should be happy to serve their country right? They will just look at their counterparts in the private sector, the leading CEOs, who makes millions per year, and they won't even regret it. A steady and slow minister who makes no mistakes, but no improvements will also be able to qualify. That's the kind of leader you want.

But the kind of leader I want is one that has the ideas and drive to make the country progress, to work like dogs to justify for his pay. And for any guy with the talent to run the country to go for it, and not reconsider his options because of pay issues.

soul_rage SG

Maybe what you are trying to say that your money, tax money, cpf money, is being misused in the form of compensation to to the salary of the govt right? Just like AIG right?

No. My juniors have the right to have their own views (In fact, I encourage that. Too many people DON'T use their brains these days). I am fine with that. Just make sure they can substantiate their views. I have PAP friends who debate intensively with me, and I enjoy those debates.

For you, you haven't been able to substantiate your arguments properly. Your first of arguments were already invalid, and many times, you answer with one-liners, and you pretend to acknowledge arguments.

The above is at least a better articulation of your thoughts, so I applaud you at least for that, and give me some sense that Singapore has a bit more hope.

So my question is, since you said you want leaders who has ideas and drive to make the country progress, what are those ideas that you have seen so far that has some credibility (I know some and I can state those later)?

There are many people who claimed that they think the leaders are justified with their pay because they are very capable and have a lot of ideas. But when asked further, these people blanked out, you will realise that these people are just being influenced by propaganda.

And you know what the best part of this is, the irony of the whole issue? Is that I hear of people who join the PAP BECAUSE of the pay, not because of the passion to serve the people. Have you read about Servant Leadership yet, by the way, coz from your points above, you don't seem to understand it yet.

I only repeat my reminders 3 times when I ask someone to do something. The moment pass 3 reminders, it shows that the person does not know how to progress his maturity.

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