atans1

Would Ah Loong ever say this?

In Political governance on 02/08/2015 at 1:59 pm

About the pay of his millionaire ministers and of  previous president Nathan*?

Lord Green (Ex HSBC CEO and Chairman, and lay methodist preacher) admitted that the issue of high pay packages for bank employees had disturbed him: “It certainly kept me awake.

“For me this issue of remuneration was the most difficult one we wrestled with. How could anyone be comfortable with a situation where you’ve got very senior people being paid very large amounts of money or indeed quite young people being paid large amounts of money – an enormous multiple of, let’s say the head of large inner city school?

“There’s no possible way on moral grounds of justifying this. Did that leave me uncomfortable. You bet it did.”

(Extract from the BBC)

Btw, someone from TRE has a new moniker for the PAP: Pure Aristocratic Party.

One think I must say about our elitist departed Harry, he’d never use the term “aristocracy” even if caveated by “natural” to describe his idea of an ideal society.

—–

*His presidential salary cannot ever be justified: the pay cut Tony Tan took shows the obscenity of the salary that Nathan took. To be fair to him, it seems he donated most of his salary to “charity”, whatevewr this means. But that is not the point. He shouldn’t have been getting $2m a year juz because he’s the head of state with some powers.

At least in the private sector, salaries are in theory tied to the “profits” (value) made by person or team. What value did Nathan bring?

  1. Nathan’s pay is justified by his not making the PM uncomfortable with inconvenient questions that requires 56 or more man-years to figure out.

    • I see you bot into Ong Teng Cheong’s BS. As govt pointed out the assets he wanted valued were unlikely to be sold (think Istana, Padang, City Hall, Supreme Court) and if they were sold, the prices would be be made public.

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