Sales of supercars on the rise

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#11
(15-05-2012, 11:03 AM)Musicwhiz Wrote:
(15-05-2012, 10:42 AM)egghead Wrote: Be careful what you wish for. For a $1,000 road tax car and 2 demerit points, you are looking at a fine of $1,000,000.

I think that's the point yeokiwi was trying to make - that it would be a very effective deterrant!

For the ultra rich, even that may not be a deterrent. At most, a small pain that'll quickly go away (some go casino and lose Millions without even blinking their eye). A fine may even become a 'badge of honour' to some, especially those who're driving such expensive cars to show off in the first place.

I propose something more drastic. A mandatory jail sentence for those where people are killed or even injured if it's due to recklessness (above speed limits) / drunken driving. See if any ultra rich person still wants to take the risk? Tongue

See how effective the panalty was in drastically reducing Kidnapping / Possession of Fire Arms? Especially if people are caught and sentenced ...
Luck & Fortune Favours those who are Prepared & Decisive when Opportunity Knocks
------------ 知己知彼 ,百战不殆 ;不知彼 ,不知己 ,每战必殆 ------------
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#12
More will get killed on the road ?
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#13
"SUPER" car: Angry
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#14
The rising of social divide will lead to very bad repurcussions in the near future of Singapore.
If the government doesn't do anything about it, the electorate will do something about it this coming GE 2016.

Try labelling PAP as an opposition party. The wave of new citizens will simply go away, and there ends the economic "miracle" of Singapore.
We are not a "miracle" due to supreme benevolent dictatorship leading the country.

All of us, whether the directors dining at MBS restaurants, enjoying the $1k sultan fish, or the encik driver dispatch enjoying his cup of teh tarik at Geylang Serai, all of us play a part to bring Singapore to where she is today.

If this social divide continues, in my personal opinion, the changes to here (whether politically or economically) will be fast and abrupt.

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#15
(15-05-2012, 08:55 PM)arthur Wrote: The rising of social divide will lead to very bad repurcussions in the near future of Singapore.
If the government doesn't do anything about it, the electorate will do something about it this coming GE 2016.

Try labelling PAP as an opposition party. The wave of new citizens will simply go away, and there ends the economic "miracle" of Singapore.
We are not a "miracle" due to supreme benevolent dictatorship leading the country.

All of us, whether the directors dining at MBS restaurants, enjoying the $1k sultan fish, or the encik driver dispatch enjoying his cup of teh tarik at Geylang Serai, all of us play a part to bring Singapore to where she is today.

If this social divide continues, in my personal opinion, the changes to here (whether politically or economically) will be fast and abrupt.

Well, Singapore is only a little RED DOT which it really is. Before something like "Occupy Wall Street" or the worst case like "Arab Spring" can happen here, many "Red Indian Chiefs" will be detained without ever being charged in court. In other words no "Red Indian Chiefs" no change is expected. Also as long as "OLD MAN" is still around, i don't see any split in the Papys. We just have to wait and see how the 60 % will vote this time in 2016 GE. But really what's the problem? The Elitists as a group has been so rich all these years that they can live anywhere in the world. What's the fuss? What's the problem? You have the problems not me, O. K.AngryTongue
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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#16
(15-05-2012, 09:19 PM)Temperament Wrote: Well, Singapore is only a little RED DOT which it really is. Before something like "Occupy Wall Street" or the worst case like "Arab Spring" can happen here, many "Red Indian Chiefs" will be detained without ever being charged in court. In other words no "Red Indian Chiefs" no change is expected. Also as long as "OLD MAN" is still around, i don't see any split in the Papys. We just have to wait and see how the 60 % will vote this time in 2016 GE. But really what's the problem? The Elitists as a group has been so rich all these years that they can live anywhere in the world. What's the fuss? What's the problem? You have the problems not me, O. K.AngryTongue

Except there weren't so blatant divsion of social ladders in the past 50 yrs of Singapore history except the last decade.

You are so right in that the elitists as a group can live anywhere in the world and thus, bring their capital along.
Therefore, any tripping point erupting here have a potential for a big spark that leads to the end of the economic miracle.
(Witness the Arab Spring that was sparked from a fruit seller being beaten in Tunisia.)

I absolutely disagree with the current policies of bringing in more and more FTs. Trying to show us how Japan would be like in 100 yrs, etc etc is just part of mass media propoganda.

The root is few citizens would like to give birth more nowadays. Tacking the long working hours, high childcare costs, unfavourable repurcussions to working females if pregnant, are some of the most crticial concerns to be resolve.
I dislike ppl arguing that if you are so smart, why dun you go tackle the problem. My counter argument: If we pay each of them more than the United States of America President, I would want my money worth. Too bad, I am a typical Singaporean who wants my money worth.

All these will also affect whichever positions anyone of you hold in Singapore counters, includinglocal properties. Demographics affect GDP productivity.
Higher proportional of older ppl therefore leading to short-term solutions of importing more and more working FTs will not work in long run.

And I yet to even touch on old Emperor demise.. which is a big unknown, given our country's political "maturity".
Investors who wants to invest in foreign shores, regardless stocks, bizs, or properties look for few things:

1. Potential to grow from developing to developed. (eg. Africa, CIVETs)
2. Rule of law and property rights to their investments. No greasing of hands, ie corruption. (eg. Singapore.)
3. Political maturity (eg. England, USA, Korea, Taiwan)
4. Ease of withdrawal of captial and transfer of capital, plus (a BIG PLUS) capital gain tax.
5. Ease of investing in biz, properties (eg. Singapore for foreginers)
5. No war, or geographical volatility, inclusive of revolutions, riots.

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#17
(15-05-2012, 02:33 PM)violinist Wrote: "SUPER" car: Angry

Sad... see already cannot sleep.. Confused

At night and not just in city area (Romanian diplomat hit-and-run case was in Bukit Panjang),
Cross the road, better be extra careful at night...
Don't be in a rush to drive your car forward if you are the first car and the light has just turned green...
Luck & Fortune Favours those who are Prepared & Decisive when Opportunity Knocks
------------ 知己知彼 ,百战不殆 ;不知彼 ,不知己 ,每战必殆 ------------
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#18
(15-05-2012, 10:01 PM)KopiKat Wrote:
(15-05-2012, 02:33 PM)violinist Wrote: "SUPER" car: Angry

Sad... see already cannot sleep.. Confused

At night and not just in city area (Romanian diplomat hit-and-run case was in Bukit Panjang),
Cross the road, better be extra careful at night...
Don't be in a rush to drive your car forward if you are the first car and the light has just turned green...
Its all fated. If you have watched the accident video, some say if the taxi driver has drive a bit faster, he might have avoided the accident.

(15-05-2012, 07:08 AM)Musicwhiz Wrote: Seriously, they should just ban all these supercars! Let the rich express themselves in other ways!
No no no. We should not ban. We should encourage the rich to spend to boost the economy. What govt can consider is implement a law to modify the super car to clock top speed at most 100km/h Smile.
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#19
Can we turn around and "guess" why or did the Spot car driver suddenly want to kill himself, this way? Or did he had an illusion suddenly that he was BATMAN driving in his BAT-MOBILE? May be the Police can tell us. i thought i read somewhere he had lived in Singapore for 4 years already. And yes nobody will really know how he is going to die - Fate or no fate. That's why i think most of us dream of dieing in our own beloved bed at home, peacefully. Shalom!Smile

(15-05-2012, 11:14 PM)Bibi Wrote:
(15-05-2012, 10:01 PM)KopiKat Wrote:
(15-05-2012, 02:33 PM)violinist Wrote: "SUPER" car: Angry

Sad... see already cannot sleep.. Confused

At night and not just in city area (Romanian diplomat hit-and-run case was in Bukit Panjang),
Cross the road, better be extra careful at night...
Don't be in a rush to drive your car forward if you are the first car and the light has just turned green...
Its all fated. If you have watched the accident video, some say if the taxi driver has drive a bit faster, he might have avoided the accident.

(15-05-2012, 07:08 AM)Musicwhiz Wrote: Seriously, they should just ban all these supercars! Let the rich express themselves in other ways!
No no no. We should not ban. We should encourage the rich to spend to boost the economy. What govt can consider is implement a law to modify the super car to clock top speed at most 100km/h Smile.

Ha! Ha! In that case my Toyota Vios will be reclassified as "SPOT CAR" also. No? So will all the other cars or even pick-ups on the road too. No? But seriously the PAPYS should consider implementing this new law. HA! HA!
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Reply
#20
Luck & Fortune Favours those who are Prepared & Decisive when Opportunity Knocks
------------ 知己知彼 ,百战不殆 ;不知彼 ,不知己 ,每战必殆 ------------
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