Temasek Losses
Wow, man. Just what the fxxk happened here?! A whopping US$39billion (S$58billion) of losses. That’s S$58,000,000,000, if you are wondering how many trailing zeros there are. Just 0.01% of that amount and I’ll probably be able to live out the rest of my life quite comfortably.
That’s not mentioning, the amount is 2.83 times of the Resilience Package (S$20.5 billion) recently announced. No wonder they need to ask the President to let them use the reserves! Even though it’s said to be just paper losses, does anyone actually foresee the value ever returning to pre-crisis level? Maybe it will, but in what? 10 years? 20 years? 50 years?
Either way, in case the amount is so staggering that you still couldn’t fathom how much that is, consider this: assume Singapore has 4 million citizens and each shoulder a part of that loss. That means every Singaporean – including that one day old infant – lost a nice sum of $14,500.
If you spend $5 on a number on each of the three 4D-draws every week, you can do that routinely for exactly 18.5 years without worries. Even if you don’t win a cent at all, you will still get a remaining balance of $70 after that!
Thank you very much, Admiral Ching Ho!! And take up PN Balji’s suggestion and go into philanthropy please… after all, that will be doing what you do best – giving money away. It is definitely a place where you can use your talent to its fullest potential.
But this time round, give it to our people, will you? At least, we’ll probably remember fondly of the Mother of all Charities, compared to the CEO who keeps losing our money.
Lui-sms
It would have been an example of the genesis of the first step towards a more responsible, a greater self-regulatory regime. – Rear Admirer Admiral Lui Tuck Yew.
A friend point out the absurdity of the above comment. In fact, I personally don’t know whether this is funny or stupid. This isn’t even the equivalent of ‘Mee Siam Mai Hum’, which is forgivable and can be excused as a slip of tongue. After all, Baby Lee isn’t a master of Hokkien, and he wasn’t trying to show off his proficiency in that language.
In Lui’s case, it was almost certain he was demonstrating that his ‘Engrand is veddy powderful’. It doesn’t matter that it’s almost the equivalent of the following:
This is the revelation of the exposed.
It was an ejaculating male orgasm.
The penetration of the insert caused the damage.
A fine example in the use of oxymoronic antonyms.
Orally performed fellatio and cunnilingus is a crime under Section 377 of the Penal Code.
In fact, when I brought the matter up with an old friend, Pip, he said this reminded him of a Mojo Jojo person from Powerpuff girls. Here are some of Mojo Jojo’s very own Lui-sms:
– Professor, Please disregard first note. I have Blossom. Come alone to my lair. Do not bring Buttercup or Bubbles. You must come without them! When you arrive, you must not be accompanied by anyone, especially Buttercup and Bubbles; they are to remain uninformed by you by not telling them anything
– In the grading system, I would have assigned you all with an “F”, which, if I had control of the grading system, I would make the lowest grade a “Z” since that is the final letter in the alphabet, which starts with “A” and ends with “Z”.
– I swear that today is the day that I will develop a plan so diabolical and evil that I will crush the Powerpuff Girls. But first… I must attend to the dishes that I have soiled with the food that I have eaten.
– Now to catch up on the world’s latest events that have happened that this paper has reported with the words that they wrote.
– Dear Powerpuff girls. I have kidnapped Professor Utonium. If you look for him in the places he likes to be, you will not find him. He’s with me. But not by choice! I took him and he didn’t like it. This letter is from and was written by Mojo Jojo.
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I shall tell you a secret which you shall tell no one! They are to remain ignorant of it by not being told. Rear Admiral Lui is… … ….. * trumpet fanfare * Mojo Jojo!!! (Picture on right) |
 Rear Admiral ‘Mojo Jojo’ Lui |
Recommended Reads:
Cobalt Paladin: The Voice Of The Void
Interactive Mathematics: Singapore TOTO