The 10 highest paid politicians in the world
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http://timesbusiness.typepad.com/money_weblog/2009/04/the-10-highest-paid-politicians-in-the-world.html
There is nothing like a scandal involving porn films claimed on Commons expenses to focus attention on the pay and perks enjoyed, sorry earned, by our public servants.
Even before Jacqui Smith, the Home Secretary, was forced to apologise for her husband's blue movies there had been calls for the whole system to be overturned. The committee on standards in public life which has promised to report on MP pay and expenses by the end of the year is under pressure to do something radical.
Whenever MPs come under attack over pay they are quick to argue that compared to executives in the private and public sector they are not particularly well paid.
With the G20 leaders in the country we thought it was worth getting a snapshot of how much the highest paid presidents and prime ministers around the world earn. For comparison's sake all earnings have been converted into dollars. It also shows basic annual salary only, not the expenses claimed on top.
So, where does our own Gordon Brown stand?
1. Lee Hsien Loong - Singapore
Salary in dollars - $2.47 million
Salary in local currency - S$3.76 million
2. Donald Tsang Yum-Kuen - Hong Kong
Salary in dollars - $516,000
Salary in local currency - HK$4 million
3. Barack Obama - United States
Salary in dollars - $400,000
4. Brian Cowen - Ireland
Salary in dollars - $341,000
Salary in local currency - €257,000
5. Nicolas Sarkozy - France
Salary in dollars - $318,000
Salary in local currency - €240,000
6. Angela Merkel - Germany
Salary in dollars - $303,000
Salary in local currency - €228,000
7. Gordon Brown - UK
Salary in dollars - $279,000
Salary in local currency - £194,250
8. Stephen Harper - Canada
Salary in dollars - $246,000
Salary in local currency - C$311,000
9. Taro Aso - Japan
Salary in dollars - $243,000
Salary in local currency - Y24 million
10. Kevin Rudd - Australia
Salary in dollars - $229,000
Salary in local currency - A$330,000-----------------------------------------
Note: Their data is a bit old. Singapore ministerial pay has since be reduced a little, with our PM pay as $3.04 million
http://www.salary.sg/2008/civil-service-bonus-2008-and-pay-cut-for-ministers/
These are the new salaries:
- President $3.14m (down 19%)
- Prime Minister $3.04m (down 19%)
- Ministerial Grade MR4 $1.57m (down 18%)
- Entry Superscale Grade SR9 $353,000 (down 12%)
- Allowance for Members of Parliament $190,000 (down 16%). Note that most MPs hold a full-time job and some are also directors in companies.
Converted to USD at rate of 1.5 SGD to 1 USD
- President USD$2.09m (down 19%)
- Prime Minister USD$2.03m (down 19%)
- Ministerial Grade MR4 $USD1.05m (down 18%)
- Entry Superscale Grade SR9 USD$235,333 (down 12%)
- Allowance for Members of Parliament USD$126,667 (down 16%). Note that most MPs hold a full-time job and some are also directors in companies.
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Whoa, the 1st and the 2nd very big gap!
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For a small state like Singapore, the ministers are thick skinned and shameless enough to pay themselves with highest pay in the world.
Not bad.
Must be thick skinned to succeed in politics I guess.
1. Lee Hsien Loong - Singapore
Salary in dollars - $2.47 million
2. Donald Tsang Yum-Kuen - Hong KongSalary in dollars - $516,000
Good thing mainstream media all state controlled here, or else the press will have some fun mocking our PM.
Try this type of shit in Taiwan, game over for you.
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knn kpkb here. If u don't like their salaries so much then go and file for the permission to do a formal protest.
All talk no action.
I don't get it. If you want to garner support, do it properly. Do it like you mean it. Hide behind monitor and kpkb, even my 3yr old niece can do it.
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post some article from somewhere else for people to read also considered as kpkb?
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Hmm... how to interview for PM? Since I have no experience, I dun mind starting at $1million p.a. =)
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Top 10 list should belong to singapore.
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Originally posted by charlize:
Top 10 list should belong to singapore.
Precisely, omitted from the list are MM, 2 x SM, Ministers, Deputy Minister and Ministers w/o Portfolios.
Top 10 list should all belong to Singapore.
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Originally posted by eagle:
http://timesbusiness.typepad.com/money_weblog/2009/04/the-10-highest-paid-politicians-in-the-world.html
There is nothing like a scandal involving porn films claimed on Commons expenses to focus attention on the pay and perks enjoyed, sorry earned, by our public servants.
Even before Jacqui Smith, the Home Secretary, was forced to apologise for her husband's blue movies there had been calls for the whole system to be overturned. The committee on standards in public life which has promised to report on MP pay and expenses by the end of the year is under pressure to do something radical.
Whenever MPs come under attack over pay they are quick to argue that compared to executives in the private and public sector they are not particularly well paid.
With the G20 leaders in the country we thought it was worth getting a snapshot of how much the highest paid presidents and prime ministers around the world earn. For comparison's sake all earnings have been converted into dollars. It also shows basic annual salary only, not the expenses claimed on top.
So, where does our own Gordon Brown stand?
1. Lee Hsien Loong - Singapore
Salary in dollars - $2.47 million
Salary in local currency - S$3.76 million
2. Donald Tsang Yum-Kuen - Hong Kong
Salary in dollars - $516,000
Salary in local currency - HK$4 million
3. Barack Obama - United States
Salary in dollars - $400,000
4. Brian Cowen - Ireland
Salary in dollars - $341,000
Salary in local currency - €257,000
5. Nicolas Sarkozy - France
Salary in dollars - $318,000
Salary in local currency - €240,000
6. Angela Merkel - Germany
Salary in dollars - $303,000
Salary in local currency - €228,000
7. Gordon Brown - UK
Salary in dollars - $279,000
Salary in local currency - £194,250
8. Stephen Harper - Canada
Salary in dollars - $246,000
Salary in local currency - C$311,000
9. Taro Aso - Japan
Salary in dollars - $243,000
Salary in local currency - Y24 million
10. Kevin Rudd - Australia
Salary in dollars - $229,000
Salary in local currency - A$330,000-----------------------------------------
Note: Their data is a bit old. Singapore ministerial pay has since be reduced a little, with our PM pay as $3.04 million
http://www.salary.sg/2008/civil-service-bonus-2008-and-pay-cut-for-ministers/
These are the new salaries:
- President $3.14m (down 19%)
- Prime Minister $3.04m (down 19%)
- Ministerial Grade MR4 $1.57m (down 18%)
- Entry Superscale Grade SR9 $353,000 (down 12%)
- Allowance for Members of Parliament $190,000 (down 16%). Note that most MPs hold a full-time job and some are also directors in companies.
Converted to USD at rate of 1.5 SGD to 1 USD
- President USD$2.09m (down 19%)
- Prime Minister USD$2.03m (down 19%)
- Ministerial Grade MR4 $USD1.05m (down 18%)
- Entry Superscale Grade SR9 USD$235,333 (down 12%)
- Allowance for Members of Parliament USD$126,667 (down 16%). Note that most MPs hold a full-time job and some are also directors in companies.
I think they're just being polite.1. S.R.Nathan S$3,140,000 (US$2,107,368).
2. LHL S$3,040,000
3. Minister Mentor � S$3,043,300
4&5 Senior Minister S$3,043,300
6. Deputy Prime Minister � S$2,452,500
7. Minister and Senior Perm Sec � S$1,940,000
I'm pretty sure we have the top 10 highest paid politicians all in our country.
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Lee Kuan Yew at the May Day Rally on 1 May 1961 (est. 2009). had made a glorious speech:
" Singaporeans - are pleased that there is a government working definitely on fixed principles in the interests of the working class, a government which keeps predatory instincts of the employer, be he a local or foreign one, keeps his avarice and his greed in check...... "
Unfortunately, is there anyone left to keep the avarice and greed of his government in check ?
The salary paid to the President and the Ministers amount to robbing the bank stuffed with the hard earned money taxed from the toil and sweat of Singaporeans.
As matters stand, the Singapore Government treasury is bloated to the extreme that allow GIC and Temasek to be managing funds that are figured by some to be approximately US$800 Billion, while Singaporeans have to pinch every penny to keep our heads above water.
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Originally posted by lookslikegod:
knn kpkb here. If u don't like their salaries so much then go and file for the permission to do a formal protest.
All talk no action.
I don't get it. If you want to garner support, do it properly. Do it like you mean it. Hide behind monitor and kpkb, even my 3yr old niece can do it.
you also hiding behind monitor kpkb. -
i dunno why
sg gahmen love to haolian so much
for what 1
to attact foreign politicians to come?
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Recently,the world calls for low pay or no pay to CEO,ect excutives if
their companies losing money!!
Ok.If we apply to nations as companies and The Head of Excuitives as CEO,
ie Presidents of USA,PM of UK and SG etc,then how much do u think the
past Exceutives Head of the G20 worth?
The current crisis have been breed for long lond time say 20 years.
So,the past CEO caused this messy.
I think they need return all of the salary!!
wat a mess!!
http://seekingalpha.com/article/125072-debt-loads-of-g20-nations-japan-u-s-deep-in-the-hole
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Debt Loads of G20 Nations: Japan, U.S. Deep in the Hol
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Originally posted by wonderamazement:
you also hiding behind monitor kpkb.Dont argue for the sake of arguing.
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jialat!
here comes lionnoisy with his unreadable English!
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sian...there is another thread on this...why open another thread on this again?
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Singapore's government debt comes in at close to 100% as a percentage of GDP, much higher than most of the countries provided by lionnoisy.
S$255 million / S$257 million = 99%
http://www.singstat.gov.sg/stats/themes/economy/ess/aesa44.pdf
http://www.singstat.gov.sg/stats/themes/economy/ess/aesa11.pdf
** Seriously, if I am a King, I would definitely want more of lionnoisy type in my loyal subjects. The more you take from his pockets, the more he will praise you for doing a good job by keeping the kingdom rich and the populace poor. He is just perfect.
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Originally posted by lookslikegod:
knn kpkb here. If u don't like their salaries so much then go and file for the permission to do a formal protest.
All talk no action.
I don't get it. If you want to garner support, do it properly. Do it like you mean it. Hide behind monitor and kpkb, even my 3yr old niece can do it.
i and my friends DID file in an permission but was REJECTED
So we protest anyway. because i was underage they can't do shit to me
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3. Barack Obama - United States
Salary in dollars - $400,000WTF... the so called most important man in the world... Barack Obama is only earning US$400,000 a year?
WTF WTF WTF!!!
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Originally posted by MaNyZeR:
3. Barack Obama - United States
Salary in dollars - $400,000WTF... the so called most important man in the world... Barack Obama is only earning US$400,000 a year?
WTF WTF WTF!!!
now then you know?
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It is really unfair to criticize our politicians of "sucking" money from their people and leave them to poverty which is certainly untrue. Compare yourself to countries like Iraq where the late Saddam Hussein decorated his quarters with gold toilet seats while his people struggled to make ends meet. That is despeicable. However in Singapore, the story is different. Yes the lay person may not be very well-off, but we are not several from adverse poverty just like China experiences in some part of their country. Zimbabwe under Mugabe was a sorry sight too. We play our politicians well to encourage them to do a good job and be less prone to corruption.
Ask yourselves, if the job does not pay well would you be motivating yourself to work hard to be a politician? Just because the source of revenue for the government comes out of your pockets, you are feeling sore about their hefty pay-packets. Why not complain that private corporations are raking in bonuses by the millions? Yes by comparison our country's politicians do earn several times compared to other countries but every country's political system differs. How much do you hear of corruption in Singapore as compared to overseas? Look at Chen Shui Bian or even those nominated to take posts in the Obama administration's treasury. Several of them fail to make the mark due to questionable tax histories and such.
Our labour pool is rather small and attracting talents to join the government is no easy task. Ask yourself, if the pay of a politician is $400k (the equivalent of Obama's) whilst as a doctor you can rake in $600k. What would your choice be? Our pay has to be competitive compared to what other alternatives these people who choose to be politicians have. Dont be hypocritical when you say the politicians are greedy. Dont you wish you could have a bigger house, drive a bigger car or earn a larger wage? Arent these traits of greed? Greed and selfishness is everywhere a human phenomena, an innate nature in fact. Father of economics Adam Smith recognized this as a fundamental driving force behind the market system. By the pursuit of self-interest people promote an end (benefit to society)which was never part of their intention that makes today's market economies possible. To scorn justified pay packets is to condemn the market system and meritocracy. Ask yourself would you rather a system whereby your hard work does not merit an equivalent portion of monetary reward.
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Originally posted by youyayu:
i and my friends DID file in an permission but was REJECTED
So we protest anyway. because i was underage they can't do shit to me
wrong. underage can do alot of things. Don't believe, you can try.
Why not scan and post the REJECTED applications? sure will make another interesting thread.
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lionnoisy clone
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Originally posted by skythewood:
wrong. underage can do alot of things. Don't believe, you can try.
Why not scan and post the REJECTED applications? sure will make another interesting thread.
knn thats like 2 years ago.....
where to find that piece of paper
is like finding a degree cert from a beggar
i did we protest and they call my mum up and send a warning letter
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Originally posted by youyayu:
knn thats like 2 years ago.....
where to find that piece of paper
is like finding a degree cert from a beggar
i did we protest and they call my mum up and send a warning letter
knn cannot find than don't post loh.