Fears of a Black Swan in Singapore General Election 2011

iisterry and Gosling,

Take this as a first and final warning. No more personal insults and strong language is to be used in this thread and forum. If you guys really want to carry on a personal vendetta, there's always the Private Messages.

Thank you.

What's the point in more discussion? They already got the votes for the majority they needed does anybody still thinks that government will continue to listen to anybody's views now.

time to "get over it" and move on to more profitable discussion of stocks and investing.

Breaking News

Singapore's PM Lee announces new Cabinet line-up; K Shanmugam named foreign minister but will retain his portfolio as Law Minister.

Three ministers will be retiring from Cabinet - DPM Wong Kan Seng, National Development Minister Mah Bow Tan and Transport Minister Raymond Lim.

DPM Teo Chee Hean will be Minister for Home Affairs and co-ordinating Minister for National Security, while DPM Tharman Shanmugaratnam will be Finance Minister and Manpower Minister.

Two newly-elected MPs have also been appointed ministers - Heng Swee Keat is named Education Minister, while Major-General Chan Chun Sing will be Acting MCYS Minister and Minister of State for Information, Communication and the Arts

http://www.channelnewsasia.com/index.htm

(18-05-2011, 04:55 PM)Nick Wrote: Three ministers will be retiring from Cabinet - DPM Wong Kan Seng, National Development Minister Mah Bow Tan and Transport Minister Raymond Lim.

Two newly-elected MPs have also been appointed ministers - Heng Swee Keat is named Education Minister, while Major-General Chan Chun Sing will be Acting MCYS Minister and Minister of State for Information, Communication and the Arts

Wow! That's quite a surprise! So MBT's out of the cabinet. Is this going to signal a change in housing policies, I wonder? WKS too. IMO, Tharman is one of the more promising ministers that I can see. Composed and a good orator, now minister of Finance and Manpower. Good potential as future PM, imho. Looks like it's a whole new look PAP coming about... With WKS, MBT, GCT and LKY all leaving, does that signal a change in policy formation as well? Never quite expected the changes to be this rapid. Am glad I'm around to witness this new guard taking over the reins. Whether or not they can measure up to the task is another issue altogether. i'm living in Interesting Times!

It was already announced some time back that MBT will not be in the new Cabinet, so no surprises there.

As for WKS and Raymond Lim, I think we all know very well why they are not in the new Cabinet. WKS for Mas Selamat, and Raymond Lim for screwing up the vehicle population growth.

(18-05-2011, 05:14 PM)Musicwhiz Wrote: It was already announced some time back that MBT will not be in the new Cabinet, so no surprises there.

As for WKS and Raymond Lim, I think we all know very well why they are not in the new Cabinet. WKS for Mas Selamat, and Raymond Lim for screwing up the vehicle population growth.

I see. Thanks for the clarification, MW. I must have been out of the loop for quite awhile. Wasn't aware that His exclusion had already been announced.

Hurray and rejoice! Good riddance MBT. Now let's wait for property market to crash and burn in 2014 due to oversupply. And then we will see minister khaw getting the crap this time. Haha

Hope they don't just change the bottle but not the wine.

(18-05-2011, 05:36 PM)mrEngineer Wrote: Hurray and rejoice! Good riddance MBT. Now let's wait for property market to crash and burn in 2014 due to oversupply. And then we will see minister khaw getting the crap this time. Haha

Bro, dun have to wait until 2014......2012 sure dive 1, (not crash, i have to clarify first) mark my words.

Khaw cooling measure will be totally different from Maboro tan, hehe.

The three exit from cabinet clearly signal that PAP govt was wrong in its housing, transport, immigration and security policy. The PAP is making right what is wrong, as promised by PM LHL. I really welcome these changes.

With Khaw now in charge of housing, I believe housing price will see some correction. I remember that not long after he took over as health minister, he made every clinics and hospital publish their charges.