Thursday, March 10, 2011

Lion Rock Newsletter


Lion Rock's Newsletter

The budget has been announced on Feb 23. Many members of the Legislative Council were very dissatisfied, as well as Hong Kong Residences. Because of the reaction, an amendment was announced last week. The Lion Rock Institute welcome the Tax Refund, but not the $6000 handout to every adult Hong Konger, even the details has yet been confirmed. This will surely destroy the principle of financial management of Hong Kong Government. Also an awful precedent to Hong Kong, benefit to those who complain the most!

During the protest on Mar 6th. There was a young boy, asking for handout to the children too, in front of the camera. The Lion Rock Institute is very worried that the society has forget about the founding principle of Hong Kong, more to those who work harder (多勞多得). We hope that this young boy, is only an exceptional case in thousands of Hong Kong Children.Link

There's more - click here to read the web version



  The Lion Rock's Roar

In his column in HKEJ, Peter Wong expressed his anger about MPF, just before the budget was announced, the government has announced that the upper limit of MPF contribution will rise to 30,000 from 20,000, which means that the employees, 480000 of whom will be affected, will receive 1,000 less in disposable income in the worst case. Peter Wong said that this is a collusion and corruption between the Government and the Fund Managers.

Andrew Shuen Pak-Man expressed his concern about the inflation linked bonds, announced in the budget. he argued that the i-bond will not be helpful to those people who are in need. Investing in i-bond would not be a good investment, and this kind of bad investment would lead to poor distribution of resources in the society and harm the economy eventually.

Simon Lee expressed his anger about the budget, and the MPF in many of his articles published recently. He was so angry about the MPF as the MPF is something that cannot help the employees at all, but a corruption between the Government and the Fund Managers. He asked the Government to have a comprehensive review of the MPF, and abolish this bad policy.

 Events
Upcoming Events: Happy Hour Mar 24, Thursday
This month's Happy Hour takes place on Thursday, Mar 24, 6:30pm - 8:30pm in The Globe, Graham St, Central. We welcome you to come and share your ideas with Lion Rock associates and friends over a tasty beverage!

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The Lion Rock Institute, Hong Kong's leading free market think tank, is dedicated to the value of freedom and upholding the interests of Hong Kong's future.

To make a tax-deductible donation or become a supporter or collaborator, visit our Website, Facebook & Twitter or call us at 8101 2112

Donations
RSS  FeedIn the Media

i-Cable
談如何籌備接班大計減混亂
 Part 1 Part 2
02/01 Andrew Shuen Pak-Man
Ape 虧損 I.T. 以低價購入
 Part 1 Part 2
02/02 Andrew Shuen Pak-Man
 財務匯報
Part 1 Part 2
02/08 Andrew Shuen Pak-Man
港購物天堂地位不會動搖
 Part 1 Part 2
02/09 Andrew Shuen Pak-Man
日情人節消費主義較港濃厚
Part 1 Part 2
02/14 Andrew Shuen Pak-Man
兩房影響深遠政府作擔保 
Part 1 Part 2
02/16 Andrew Shuen Pak-Man
探討近期高分低能現象
Part 1 Part 2
02/17 Andrew Shuen Pak-Man
交津問題源於房屋錯配
Part 1 Part 2
02/21 Andrew Shuen Pak-Man
分析諾基亞與微軟合作利害 
Part 1 Part 2
02/22 Simon Lee Chao-fu
談商舖與團購網合作模式
Part 1 Part 2
02/24 Andrew Shuen Pak-Man
預算案苦了中產階層 
Part 1 Part 2
02/25 Andrew Shuen Pak-Man
亞洲通脹加劇但不主導歐美
Part 1 Part 2
02/28 Andrew Shuen Pak-Man

Apple Daily

淘寶過年 
02/01 Simon Lee Chao-fu
看聯儲局幾時轉軚 
02/07 Simon Lee Chao-fu
是禍躲不過 
02/09 Simon Lee Chao-fu
食品告急
02/11 Simon Lee Chao-fu
扮窮富翁與無業碩士 
02/15 Simon Lee Chao-fu
財爺的網誌 
02/16 Simon Lee Chao-fu
差不多的通脹預期 
02/17 Simon Lee Chao-fu
亞裔農夫和尼龍套裝 
02/18 Simon Lee Chao-fu
停收薪俸稅!
02/21 Simon Lee Chao-fu
兩種叻仔
02/22 Simon Lee Chao-fu
中產發惡政府就大鑊 
02/23 Simon Lee Chao-fu
六千蚊?廢迫金! 
02/24 Simon Lee Chao-fu
Enough is Enough  
02/25 Simon Lee Chao-fu
老人大鑊飯
02/28 Simon Lee Chao-fu

Next Magazine
全民爭產 
02/03 Simon Lee Chao-fu
窮富翁大作賤 
02/10 Simon Lee Chao-fu
食品價格的政治經濟學
02/17 Simon Lee Chao-fu
沒有怪獸家長 只有畸形派位 
02/24 Simon Lee Chao-fu

HKEJ 

地產霸權好  
02/02 Peter Wong
最低工資不是威
02/10 Raymond Ho
誰毀了鵬哥的一生?
02/16 Cheuk Yu Shan
強積金是累退稅也是官商勾結
02/23 Peter Wong


SingTao

連外賣都無得做

 02/05 Cheuk Yu Shan
窮富翁大作戰實錄還是人為?

02/23 Cheuk Yu Sha
n

AM 730
央行鷹派上周被滅絕  
02/14 Andrew Shuen Pak-man
擺到明玩的綜援碩士 
02/16 Andrew Shuen Pak-Man
做Intern識人
02/21 Andrew Shuen Pak-Man
我對預算案的強烈要求! 
02/23 Andrew Shuen Pak-Man
我反對iBond 
02/28 Andrew Shuen Pak-Man

OurTV

地產霸權,質量保証!
02/17
地產霸權創商機,強迫金要自由行 
02/24


RTHK

Backchat: Tobacco Tax
02/02 Peter Wong


Upcoming Events  
Event: Happy Hour
Time: Mar 24th 2011,
6 30 - 8 30 pm
Venue: The Globe, Graham St, Central

This month's Happy Hour takes place on Thursday, March 24th, 6:30pm-8:30pm. We welcome you to come and share your ideas with Lion Rock associates and friends over a tasty beverage!
View Lion Rock's Events

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