No doubt there are limited dollar and unlimited wants, but where
is your priorities? $600million for two durians which needs another
$50 million per year for maintenance? 
The fact is, there are "unseen" money stashed away; large
percentage of profits from GLCs are stashed away. Why? PUBLIC
Money, if not spent on public, it is as good as nothing.
We keep talking about
"rainy days" but when we are in it, where is the promised bread?
No, a govt cannot work like that. There is no end of stashing
monies away into "reserves" that is "invisible" to the public,
without accountability to the public. The marginal utility of
having more reserves will definitely fall. The govt needs to tell
us what is the "MAXIMUM" reserve that we need, not keeping putting
money into somewhere that we don't even know! When we reach that
Maximum, then we let it roll; we will then enjoy the fruits of our
earnings from GLCs! Else, there is no end in this "reserve"
thing!
This is unhealthy for a small economy like Singapore. The more
money stashed away with little people knowing about it, the risk of
abuses and mismanagement will increase, without the public knowing.
We should set laws to require the govt to release, at least 5 or 10
year old accounts (they claim it is no good to reveal what we have
currently) of these reserves managed by GIC, Termasek and the
various investment arms. There must be accountability
somewhere.
To me, basic infrastructure like sound barriers and MRT barriers to
safe guard lives are the priorities, not the durians. Durians are
practially "burning" away good money every day, almost $100K per
day! While sound barriers and MRT barriers are one time off capital
spending, with little maintenance cost thereafter (well, maybe MRT
barriers will need higher maintenance cost). But at the very least,
those millions of people who utilize MRT everyday, benefits...from
delays due to accidents or suicides!
Goh Meng Seng