Singapore Government gives out shares

Singapore Government gives out shares

Singapore Government gives out shares

During the year 2000, I was invited to give lectures in the
city of Kuala Lumpur. This meeting was very well attended and during the course
of one of my lectures, I made the statement that one of the only men in the
world with the intestinal fortitude to stand up to the International Monetary
Fund, with their loans and conditions scam, was the Prime Minister of
Malaysia, and I referred to Dr Mahathir.

This caused the whole audience to stand to their feet and
give a very impressive round of applause.

After the meeting, one of the members of the audience
confided in me that Singapore had also managed to give the IMF the slip to that
point.

However, we now see that things are slipping badly in
Singapore and the NZ Herald, 22 August 2001, headlines: "Govt to give
out 'shares' in country's growth -– SINGAPORE -– The Government of
recession-hit Singapore will introduce a programme for citizens to own 'shares'
in the country's economic performance, says Prime Minister Goh Chok Tong.

Under the so-called 'New Singapore' shares plan, 'when
we have healthy Budget surpluses we will give out such shares to Singaporeans',
Mr Goh said.

Mr Goh revealed the plan in a speech celebrating National Day
at a time when the wealthy city-state faces a worsening economic slump and
rising layoffs.

Lower-income Singaporeans will be given more of the shares,
he said.

'These shares will give you an extra dividend for a fixed
period. When the economy does well, an extra bonus dividend will be added. You
can also trade in your shares for cash.
'....

Singapore's economy grew by 9.9 per cent last year. But for
this year, the Government recently revised its growth forecast to 0.5 to 1.5 per
cent, down from its earlier prediction of 3.5 to 5.5 per cent....

The tiny and mostly urban nation of 4 million people has
no natural resources
. It depends heavily on the manufacture of electronics
goods and its key markets in the US, Europe and Japan are experiencing slow
economic growth.

It also faces rising competition for markets and foreign
investors from others in the region, especially China...." (emphases added).

The reader should note that any nation that does well must be
brought into line through a series of manoeuvres that could take place no doubt
by telephone overnight.

An encouraging verse may be found in 1 John 5:19: "And
we know that we are of God, and the whole world lieth in wickedness" (under
the authority of the sneaky one).

We thank God that He has given us wisdom to see through this
plan, and to also point out to readers that the people who are negotiating these
evil policies will not succeed in their plans, as God has ordained another plan
for the whole world.

This plan involves the coming again of our Lord Jesus Christ,
who Himself will reign over this world.

Zechariah 14:9 reads: "And the LORD shall be king over all
the earth: in that day shall there be one LORD, and his name one."