TR EMERITUS

The latest round of COE bidding again broke record in most categories.

Please pardon me for asking if record breaking COE prices is good or bad for our country? Well, I guess that all depends on who that question is asked.

To the government, it must be good news because they will again be laughing all the way to the bank. In fact, I believe that it is not an understatement to even say that COE system along with the likes of heavyweight revenue generator such as GST and corporate tax etc is among a major source of government’s inland revenue generator.

What about the masses, the everyday people? High COE prices must boomerang all around that must result in higher and higher cost of services, higher cost of products and everyday cost of living even for those who do not own any vehicles.

One image came to my mind when I composed my commentary and that image is one of a couple of frogs swimming in boiling water.

I liken the vast majority of Singaporeans to be those frogs swimming faster and faster in boiling water. They are a pitiful lot and we know what will eventually happen to those frogs.

Singaporeans have no courage, no desire and do not recognise the danger or possess the sense of urgency to change their situation which they can if they want it bad enough, ie, through their votes. They would rather suffer in silence, swim faster and faster and see which frog could last longer and which got boiled alive first.

I am a native born person but I hate and despise the lack of guts and courage in too many of my fellow citizens. Singaporeans have been too well conditioned in our political eco-system thus blunting their innate survival instincts.

In conclusion, our COE system needs tweaking to benefit more working class Singaporeans, arrest it runaway trajectory and financially burdening our citizens in the many years into the future at the expense of many other life’s meaningful purposes and pursuits such as having the willingness and courage to get married and having more children etc.

The pap government’s way of making up for our pathetic, pathetic falling total fertility rate due largely to their flawed policies such as the very expensive cost of living, cost of public housing and the COE price madness is through immigration of foreigners which in my view is lazy, incompetent and short sighted and if not corrected with urgency must ruin our country’s future and our young ones.

You have been warned.

Think.

Simon Lim

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