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Posts Tagged ‘George Yeo’

PAP’s idea of being a “badass”?/ S’pore’s Big Boss

In Uncategorized on 09/06/2015 at 4:47 am

Couldn’t stop laughing when I read the following

George Yeo turned down an offer he couldn’t refuse from Lee Kuan Yew

6 quotes that reveal that George Yeo is a badass at heart.

http://mothership.sg/2015/06/george-yeo-turned-down-an-offer-he-couldnt-refuse-from-lee-kuan-yew/

Double confirms my perception that the well-funded mothership.sg is really nothing more than pary of the PAP’s spin machine juz like ST, MediaCorp or Fabrications about the PAP*.

I mean only a PAP dog, (sorry,  my dogs growled) hackette would say turning down an offer made by Harry shows that BG Yeo’s a “badass”.

Seriously if you go thru the list, it shows more how straight laced is this lady writer. Or how hard she is straining to make BG Yeo look like a “badass” i.e. look normal.

On BG Yeo’s spurning LKY’s offer, two tots:

— How come he can offer BG Yeo a job in Temasek when he has no formal authority in or over Temasek? Double confirms my view that he was the Big Boss, bigger than PM or the cabinet.

— Actually if he is as dedicated to serving S’pore as he claims he is, he’d have taken up LKY’s offer of a job at GIC or Temasek. A former Foreign Affairs minister is really useful in a SWF. Can open doors, smooth ruffle feathers etc.

———————

*There is a story making the rounds that BG Yeo pitched the idea of mothership to one Philip Yeo (the now retired civil servant with whom Harry daughter had a bone to pick). Philip Yeo wrote a cheque for $1m. Other people’s money, despite both of them being wealthy. Most probably taxpayers’ money.

BG Yeo: Bakes cake and eats it too

In Uncategorized on 04/06/2015 at 4:40 am

You’d need three millennia on a British PM’s salary to match the $690 million that Blackstone boss Steve Schwarzman received last year. Any ex-politician without a fortune of his or her own will feel impoverished in the familiar halls of Davos. Typically, elected leaders leave office with small nest eggs, by those standards, and a few decades left to earn serious money.

Since the opportunity and the desire are often there, there will almost certainly be more Politicians Incorporated. That’s worrying. Democracy will suffer if public office becomes little more than an audition for a second truly lucrative career.

By making ministers rich filthy rich, like Mah Bow Tan, at tax payers’ expense is the PAP’s answer to this Western  dilemma.

BG Yeo mocks the PAP by getting a good pension and a well paying private sector job.

Readers might be interested to know that pro PAP publiccation mothership is alleged to have got funding with the help of BG Yeo. Not his own money of course. He asked Philip Yeo (Remember him? He rowed with Harry’s daughter and lost it seems. I was rooting for the gal,) for funding. Philip Yeo, allegedly, obliged using S$1m from some fund he controlled.

Other people’s money.

Burma: Wake up S’pore

In Emerging markets, Political economy, Political governance, S'pore Inc on 22/04/2012 at 6:39 am

Japan has agreed to write off more than US$3.7bn of debt owed by Burma and to resume development aid.  The leaders of both countries  also agreed to plan a special economic zone near Rangoon.  This could give Japanese firms a head start in winning business in what is seen as one of Asia’s last frontier markets.

Hey could have been S’pore planing a SEZ with Burma! We are “old friends” of Burma. And GLCs and TLCs got experience of building biz parks in Vietnam and China. Come on Georgie Boy. Go broke deals between S’porean cos and Burmese ones and the government. Too comfortable, what with big fat pension? Or planning to reform PAP? Or planning to be president?

(Ya aware that three postings in row abt Northern ASEAN countries. But taz where the biz and investment opportunities are coming from in this region.)

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