Friday, February 05, 2010

Reform Party : Dismantle GLCs

Temasek Review reported that Reform Party has called for dismantling of the GLC structure[Link] . I have said many times in the blog that the links between govt and the vast network of GLCs has resulted in the interests of the PAP govt being diversified beyond that of maximising the benefits for ordinary citizens. The PAP recruits from GLCs and former PAP ministers are inserted into various positions in GLCs e.g. David Lim (remember him?) went to NOL[Link]. I strongly support the views of Reform Party on dismantling GLCs as they are very close to mine.

In my next post, I will write about the ESC again - the ESC has missed out on something very important i.e. strategies to cope with increased frequency and risk of economic crisis. It is important to put in stabilisers in our economy to tackle this recurring risk.

14 comments:

Onlooker said...

GLC is the Safety net for "meritocratic" PAP members.

Even when they fail miserably in pools.There is always that position in a GLC.

Anonymous said...

The ESC report isn't going to work for Singapore in a new normal economic world. The world economic model has changed and risks seems to be increasing every year.

Anonymous said...

These ministers and MPs have a clutch mentality that there must be a job for them at GLC and NTUC. Or GIC and TMSK. These are talents that cant step foot on a private company coz they will flop and bring shame to PAP. So the PAP had to provide a safety net for them.

David said...

GLCs form a very major part of the Singapore economy in areas like banking, Telecoms, shipping, airlines, utilities, land transport, defence related areas, property and a host of services groups. However in manufacturing they are not that much, if at all.

Hence you can see how they control the economy and employment as well as being a monopoly in some areas.

Dismantle and privatise them? How to?

Politics and business are always closely interwined, drawing their strength from each other. Not just here but also elsewhere. It is naive to think that they can be separated.

In Singapore it is even more solid due to our small physical size and population and with no natural resources.

Anonymous said...

The GLCs and TLCs have strayed from their original objectives of driving the Singapore economy forward and a store of wealth to sustain the standard of living of Singaporeans. Originally I supported them.
They have evolved into a monster to serve the needs of the papist elites and their cronies. Thus I fully support the move to abolish them and for the wealth to be divided equally amongst Singaporeans. I remember GCT in his early days as PM did suggested something like this. Nothing came out of it just like his idea to allow 20 papist mps full freedom in parliament. Obviously LKY vetoed him.

Anonymous said...

Quote:Dismantle and privatise them? How to?
Unquote.

------
Easy, just transfer the ownerships equally to all the Singaporeans. They can continue to operate but they are directly owned by Singaporeans. GCT suggested when he was PM. But LKY overruled him.

Anonymous said...

Mr David

I am curious.
Why is it naive to separate business and politics?
And what sort of synergy(?) do they draw from each other?

I am a simple minded fool but always keen to learn.

Anonymous said...

Mr Lucky

I think you will find a familiar face in this group.

http://en.wikipedia.org/wiki/Group_of_Thirty

Sad.
they say if u stay in smelly toilet for too long, you will get used to it and find the stink normal.

Anonymous said...

the papist stinks and yet they so thick skin to crow on world stage.

[cz] said...

Quote:
Mr David

I am curious.
Why is it naive to separate business and politics?
And what sort of synergy(?) do they draw from each other?

I am a simple minded fool but always keen to learn.

Simple, politics set up policies/regulations that would affect business, and business support politics through $$$.

Anonymous said...

I think when people suggested separating politics and business, they would think that there would be a clear demarcating line between the two.

However, I think everybody would agree that the world as in almost everything are in shades of grey. And probably we as human, purpose in life, is to make it more white (Taking white as symbol of purity and good things.)

Presently, from wiki, GLCs and government owned or related organisations account for 60% of GDP. There are many implications, I am sure you can think of many.

I think *democratic* countries are structured in such a way that influence cannot be concentrated or focused in such a way that there is an imbalance among all important entities e.g. military, judiciary, legislative etc.

Of course, every now and then, you will get some people who will try to break the system. Not suggesting their systems are the best, looking at the case of Taiwan where Chen Shuibian was prosecuted and charged for bribery and fraud, some which related to business. He was President for 8 years. The most influential political situation in Taiwan. Their parliament is criticised for being unruly and borders on being childish and inefficient especially by the MSM. The thing is that Taiwan economy is as good as or even better than Singapore. Though it can be argued and that Taiwan is so much different from us. I think that in that situation, though politics and business have a relationship, but at least the system can sort of weed out undesirable issues albeit an imperfect one.

Some thing like the US, you can always argue US to be in a mess, but it is still a superpower. Its system is such that the President is powerful, but not so powerful to do certain thing. If I am not wrong, the system is created in such a way that power and influence in an entity is designed in a way where it is difficult for a very powerful figure to emerge. That is not to say it is not without weaknesses. We can just watch from their drama serials and movies and get the impression that their politics is *dirty*.

Summary is that we should not be looking for a perfect system. We are always looking and working towards a perfect system. Though it may not be achievable, it may just define what humanity is all about...integrity, honesty, equality, passion and empathy etc. The very soul of our existence. As such, the present government may be doing a lot of good things, but is the present system really that good for Singapore? We may be unique, but we are also not that different from countries few hundred years ago or presently. There are also corrupt or inept politicians in US, but you can be sure that they will be weeded out because power and influence do not lie in one single group.

I shudder to think if there is a Chen Shuibian or Marcos or Pot Pot or Mao Zhedong in Singapore. We may not know because these people are judged from their histories, not during the time where most damages are done.

Anonymous said...

The way I see it is that PAP is afraid to lose control over the voters. As LKY mentioned, to the effect, "It is not the business of the government to support opposing political views or help the opposition set up itself against them." What has happened is that they have gotten greedy. And they do not want to lose that kingly lifestyle. They have made it in such a way that multiple safety nets are in place for them and none for us, Singaporeans. They have argued for multi-million dollar salaries and we can't say a word on it. They have put a price on integrity and honesty. And we can't say a word on it. There is this despair in the Singaporean voice that you talk to. Just talk to any middle and low-income Singaporeans. They'll tell it to you to your face. They're not afraid to think there are fucking ISDs in this background. 'Cos let's face it. Singaporeans are fed up with the hypocrisy and inconsistencies they are being fed on. They have made themselves so secure and intended that you are so insecure. So that through the use of power, they keep their kingly lifestyle in check.

Majulah Singapura!

TooOftenLied2 said...

Hey Anon 8:53,

I would like to add to your list below:

They have argued for multi-million dollar salaries and we can't say a word on it. They have put a price on integrity and honesty. And we can't say a word on it. They have lost billions. And we can't say a word on it. They have blundered and let loose the chief leader of a terrorist network. And we can't say a word on it. They have misappropriated our hard-earned NKF donations. And we can't say a word on it. They have gerry-mandered the boundaries in your constituencies for an unfair election advantage. And we can't say a word on it. They have tied votes to speedy lift-upgrading using pork barrel politics via our own tax monies. And we can't say a word on it. They have caused housing to be unaffordable by letting loose on the number of foreigners. And we can't say a word on it. They have made it so expensive and insecure to set up a family. And we can't say a word on it. They have over-drilled and made over-stressed the pupils in schools. And we can't say a word on it. They have locked your hard-earned money. And we can't say a word on it. They have suppressed your political right to disagree or have a differing opinion. And we can't say a word on it. They have tweaked the population numbers to 1 in 3 Singaporeans are foreigners. And we can't say a word on it. They have raised the age at which you could retire from the rat race that they have created. And we can't say a word on it. They have raised prices in transport, conservancy charges, in short, rising inflation.And we can't say a word on it. They do not take responsibility with the con-going recession in Singapore since a year ago. And we can't say a word on it. They choose not to provide a minimum wage for struggling Singaporeans. And we can't say a word on it. They have forced young Singaporeans to attend 2 years of National Slavery to protect the new foreigners in this country with on-going reservist. And we can't say a word on it. When employers find them cheaper and free from reservist obligations, we are primed out of jobs. And we can't say a word about it. They suppress our right to be ourselves. And we can't say a word on it. They brand the gays as lawful criminals when caught. And we can't say a word on it. They give us a chicken wing and take a whole chicken from us after the election. And we can't say a word on it. They suppressed the humanities and arts, streamlining everyone to be a technocrati. And we can't say a word on it. When they see a nail sticking out of the board, they hammer it down to flush it with the board. And we can't say a word on it. They suppressed and attacked magazines that criticise their policies. And we can't say a word on it.

Feel free to add to the list. Let's see what we can come up with before the election.

Anonymous said...

I suspect the works of glc, hdb are effective tools for the party. Yet the most important must be the statistical tool, either the lack of it or ommission. Too often their defence .. if you have the statistics to prove it do so, else stop the mischiefs... ?? (daft?)