Serious Water Treaty Malaysia: The tremendous financial costs imposed on S'pore by LK

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An honorable member of the Coffee Shop Has Just Posted the Following:

There is a recent news report by Shit Times bragging about the fact that singapore is achieving water independence soon. As part of this article, the shit times revealed the cost of the various sources of water. As you know there are 3 water sources. rainwater from Johore under the water treaty. Newater and Desalination water. It turns out that Newater cost 5000 times more to produce then the treated water from Johor!! And Desalination water costs 17,500 times more to produce then the Johor water!!! Holy fuck, we are going broke just trying to produce water for ourselves, thanks to Old Fart's bloody ego and pissing contest with Mahathir. One idiot does not seem to realize that the other idiot had him by his short hairs. Even if Malaysia wanted 10 times more money for the raw water then what we were currently paying at that time, it would have been well worth it. this is a scandal and no oppo seems to have wanted to find out at that time, and Old fart was made out to be the hero for standing up to Malaysia's "unreasonable" demands, when in actual fact, he was the big villain.

What did Malaysia want?

In 1998, They wanted financial loans from singapore to help them out during the Asian crisis. Old fart did not give them the loans but later on, gave large loans totalling $10 billion directly to Indonesia, bypassing the IMF. Immediately, this got Mahathir riled up. More and more items were added to the water negotiations resulting in an unwieldy package. For example, Singapore wanted to add the ability of the RSAF to overfly Malaysian airspace on its way to the training areas in the south china sea, while malaysia wanted to talk about developing the parcels of land they owned in malaysia and the relocation of the tanjong pagar railway station. As well, the malaysians felt that the water sales priced negotiated by the Brits before they left was too low and water to open up the contract again. mahathir also wanted the CPF board to allow western malaysians to withdraw their CPF from singapore. Also added to the package later was the replacement of the Causeway by a bridge or underground rail tunnel. All these points are reasonable.

Not allowing western malaysians to withdraw their CPF while other foreign workers can, is ridiculous and biased. this was a reasonable request on the part of the malaysians. Giving the malaysians more money for the current water contract is also fair in my opinion, provided that the water treaty was in exhange, renewed for another 100 years or something like that. But we are not privileged to what was discussed between Old fart and mahathir, however, we know the cost to us today.

I have posted in the past before how Newater and desalinization will bankrupt us. this is the first time I have seen the proof in the shit times. What kind of idiot leadership would engage in a battle of egos and cost singaporeans 5000-17500 times the price of water. This does not include the capital costs in the billions $ needed to start up the desalinization and newater plants. How much money could have been saved by the economy as a whole if we had just used or renewed the existing water agreements at that time? Now that old fart is dead, we may never know wha transpired. Thanks ah gong for screwing us over. You really were a gong kia.

http://www.straitstimes.com/opinion/...ver-go-thirsty


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