The FATAL Mistake of PAP
Well, the Fatal Mistake fell upon Singaporeans while PAP made use of such manipulation of CPF-HDB financing to boast its own political capital built upon the great cost on Singaporeans' retirement financial adequacy as well as future generations of Singaporeans' housing needs. Many people do not understand why I call Asset Enhancement...
PAP on past reserves: Drawdown = Conversion = No drawdown
DPM Tharman once told Parliament that drawing down past reserves was “in essence a conversion of past reserves from one form (financial assets) to another (state land), rather than a drawdown of reserves”. [ Link ] If Tharman had $10 million and he bought a $1 million car, would he tell his wife there was no withdrawal...
GST hike: Damned if they do, damned if they don’t
The government thought it was being clever in announcing the impending GST hike early. The calculus: by giving Singaporeans at least three years’ heads-up, they would have time to bite the bullet and brace themselves for a GST increase to 9%. But all of a sudden, Malaysia’s Barisan Nasional lost power after 61 years and...
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- Caoliangoh on Pakistan to nuke Israel if…
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