Wednesday, 5 January 2011

HDB cooling: Having the cake & eating it too?

Read this interesting article from the TOC.

HDB cooling: Having the cake & eating it too?

"The king and the cake

Suppose that the king of a small kingdom has a problem of rising cake prices, which is causing a lot of unhappiness amongst his subjects.

So, he decrees all sorts of restrictions on who can buy or sell cakes.

However, the king wants to have his cake and eat it too. So, he continues to raise the prices of cake ingredients and their supply, which is his sole monopoly, to continue to increase his coffers.

So will cake prices drop?" .......... [ Source : The Online Citizen ]

1 comment:

  1. how true. And the king now wants to eat cakes belonging to his subjects too!

    How can the the gummits pass a law without giving citizens time to even react!

    Will the cake prices drop?