Archive for the ‘Policies’ Category

CPF – Simple & effective to complicated & failed
When the CPF was first introduced it was a simple savings scheme for retirement. You put some money aside and when you retired you take everything out at 55. Simple and neat. Under that system and at one time at 25% + 25%, if I am not wrong, the savings grew rapidly, helped by 6% or 7% interest rate. Everything was fine, really....

Flawed concept and design of the F35
Seven of the ten F-35 test jets have been cleared to resume flying after two generators failed in an F-35A during a test flight last week. Anyone who wants a clear understanding on why the F35 is a conceptually flawed and very expensive piece of junk can listen to the opinions of experts aired this clip attached [Link]. Basically...
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