Originally posted by BillyBong:
Let's put it in another way. Assume a prospective buyer puts in a
bid to buy our national stadium with the promise of modernisation,
or a takeover bid of SIA was proposed by some Malcom Glazer
wannabe.
We might wind up watching live matches of our national team, yet
feel as if we were on away soil. Or fly SIA only to realise it is
no longer our national carrier but a media mogul's private
collection.
Allow all our national assets to be bought up and we set a
dangerous precedence for foreign investors. One day we will wake up
and the only thing that reminds us of national pride is the
[b]HDB flat we sleep in
at night.
Does that comfort you?[/b]
The thing is, you dont own any national landmarks or logos--all
this belongs to the government. So what can you do if somebody
wants to buy over it from the government?
Anyway, we do have a stake in the government.
