Sell the SDP “product” to the political “customer”? No thanks

By the Singapore Democrats
25 May 2010

A letter writer to the Straits Times Forum has accused Dr Chee Soon Juan for losing the plot and making “tired ramblings”, among other things. He advises Dr Chee to re-invent himself and to sell the SDP as a “product” to the Singaporean “customer”.

But Forum Editor Mr Yap Koon Hong has refused to publish the SDP leader’s reply, saying that Dr Chee had “cast aspersion” on the integrity of the newspaper. This excuse shows how desperate the local media are in making sure that the public does not get to hear and read the Dr Chee’s views. In another letter, Mr Roy Ong says that the SDP needs to be constructive and not confrontational. Below are Dr Chee’s replies.

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Opacity from MAS concerning some foreign stock counters

May 31, 2010 by · Leave a Comment
Filed under: Current Affairs and Politics 

Written by Ng E-Jay
28 May 2010

The Monetary Authority of Singapore (MAS) has been discreetly compelling stock brokers in Singapore to impose trading restrictions on certain foreign stock counters, particularly Exchange Traded Notes (ETNs). Affected counters can no longer be purchased.

ETNs are senior, unsecured, unsubordinated debt securities issued by an underwriting bank. Their value is tied to a certain benchmark, which could be the price of a commodity or precious metal such as gold, or a stock index such as the United States S&P 500 index. ETNs can be structured so as to allow the investor to either go long or short, and can also employ leverage. All ETNs have a maturity date. On maturity, the underwriting bank promises to pay the investor the amount reflected in the index, less management fees. ETNs can be traded on regular stock exchanges just like shares of listed companies.

Since ETNs are debt securities that are backed only by the credit-worthiness of the underwriting bank, and not by any tangible assets, they are subject to risk of default and can become worthless in the event that the underwriting bank goes under.

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My awakening: political education of an ordinary Singaporean student

By Natalie Koh, for the Singapore Democrats
27 May 2010

I am an ordinary Singaporean student who, until now, has been brainwashed like many of you. Now I know the ugly truth. I’d like to share my experience with you about my struggle in taking off the blindfold the PAP has tied on me for years.

I believe it is about the same for most young Singaporeans as it was for me. The brainwashing starts at the secondary school level when most students still do not have the maturity to be able to accurately judge if what they read is true or false. Most of them would not even be interested in politics at that age.
Like some of you, I also viewed Social Studies and National Education as propaganda of the government. But for the sake of getting good grades, many just memorise the PAP’s version of Singapore’s past and regurgitate it when needed.

Drilled into our minds from young that the PAP are the good guys and all who oppose it must be bad, more and more Singaporeans come to accept this twisted view without question.

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Dissent leads to creative thinking that is essential for productivity

By the Singapore Democrats, 20 May 2010

In a letter to the Straits Times, writer Mr Peter Heng said that dissent has little to do with productivity. Dr Chee Soon Juan’s reply to Mr Heng has been censored. The Straits Times has refused to publish Dr Chee’s reply (see here).

Another letter writer advised Dr Chee to work with other social groups so that his voice can be heard. We reproduce Dr Chee’s replies below (The first two of Dr Chee’s six replies were published here).

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Goh Keng Swee leaves behind some unanswered questions

Source: TheStar, 22 May 2010 (Seah Chiang Nee)

He engineered Singapore’s industrialisation and overall economy, transforming the country from a squatter city into an affluent, modern city state. Ironically, few Singaporeans under 30 know much about him.

AS Singapore continues to search for potential leaders, it is bidding a fond farewell to a brilliant pioneer who helped to build its prosperity.

Former Deputy Prime Minister Dr Goh Keng Swee, who was born in Malacca, died at 91 last Friday after a long illness, marking the virtual end of an era.

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Young Liberals and Democrats from Asia’s (YLDA) workshop: Building an effective secretariat

By the Singapore Democrats
23 May 2010

The opening day of the Young Liberals and Democrats from Asia’s (YLDA) workshop saw participation from Asian youths representing various political parties and NGOs, including several from Singapore.

The first topic of discussion was on the role and structure of an organisation’s secretariat. Workshop participants were required to brainstorm in small groups on the structure, responsibilities and characteristics of a secretariat.

Youth leaders from Nepal (Youth Initiative), Malaysia (Gerakan Party’s youth wing), and Singapore (SDP’s Young Democrats) presented their secretariats’ structures and roles within their respective organisations. Mr Teoh Tian Jing represented the Young Democrats.

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The PAP system works? Then why are so many leaving?

By the Singapore Democrats
19 May 2010

The Straits Times recently published a host of letters attacking Dr Chee Soon Juan. When the SDP secretary-general replied, Forum Editor Mr Yap Koon Hong said that Dr Chee had unfairly cast aspersions on the integrity of the newspaper and said that unless he retracted his statements, the Straits Times will not publish the replies (see here and here).

Below are the first two of the six replies by Dr Chee that the Straits Times has refused to publish. Read and see for yourselves the real reason why the newspaper censored the letters.

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Words of tribute and remembrance for Dr Goh Keng Swee

May 17, 2010 by · 4 Comments
Filed under: Current Affairs and Politics 

Dr Wong Wee Nam, Dr Patrick Kee, and Dr Marvin Leong pen words of remembrance and tribute for the late Dr Goh Keng Swee, architect of Singapore’s modern economy.

Written by Ng E-Jay
17 May 2010

Former Deputy Prime Minister Dr Goh Keng Swee passed away last Friday at his home in Siglap at the age of 91, after battling a long illness. He leaves behind his wife, Dr Phua Swee Liang, as well as a son, Kian Chee, a daughter-in-law, two grandsons and three great-grandsons.

A state funeral will be held on May 23. As a mark of respect for Dr Goh, the State flag on all government buildings will be flown at half-mast from May 20-23.

The son of a rich Malaccan family, Goh Keng Swee came to Singapore at the age of two. He was educated at Anglo Chinese School and studied economics at Raffles College.

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Dr Goh Keng Swee dies

May 14, 2010 by · 2 Comments
Filed under: Media articles 

Source: Straits Times, 14 May 2010

FORMER Deputy Prime Minister and Singapore’s economic architect Goh Keng Swee died early on Friday morning after a long illness. He was 91.

Dr Goh Keng Swee will be remembered, above all, for his role as one of the prime architects of Singapore’s economic success. Many of the key milestones in Singapore’s journey from Third World backwater to globalised, First-World city can be found in the story of his life, vividly portrayed in the new book Goh Keng Swee: A Portrait by his daughter-in-law Tan Siok Sun.

The son of a rich Malacca family – his father, Goh Leng Inn, was a manager of a rubber plantation, his mother was from the family that produced famous Malaysian politicians Tun Tan Cheng Lock and his son Tun Tan Siew Sin – Dr Goh joined the Department of Social Welfare in 1946, and was active in post-war administration.

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John Tan: SDP and PKR must come together more

By the Singapore Democrats
13 May 2010

The SDP attended a fund-raising dinner organised by the Parti KeAdilan Rakyat (People’s Justice Party) in Johor Bahru last weekend. It was a huge affair attended by more than 1,000 guests, including party leaders such as Messrs Anwar Ibrahim and Chua Jui Meng, Malaysia’s former health minister.

SDP’s Chee Soon Juan was invited as a special guest but was prevented from attending by the Official Assignee as he was made bankrupt by MM Lee Kuan Yew and SM Goh Chok in 2006 in a defamation suit.

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