Elected President – You got to believe it
I have said enough of this EP thing and there is really nothing much more to add. Hsien Loong had said it many times, that this is something he has to do, he will do it and there is nothing to stop him from doing it. You can kpkb, but it will not matter. He has decided that this is the best thing for Singapore. And no bets for...
GIC retained $61.5 billion of CPF members’ returns during last 2 decades
Over the years, PAP has become more brazen and has retained increasing BILLIONS in CPF returns to supplement the budget. Although GIC’s long term returns are about 6%, about 2.5% is confiscated by the government annually for a non-existent CPF guarantee. As a result, tens of billion$ have been lost by CPF members. Some context: From...
A perspective of the Elected President scheme
Dr Tan Cheng Bock The spectre of Dr Tan Cheng Bock being elected President in the next Presidential Election had been haunting a diffident PM Lee Hsien Loong and his drolling Cabinet for a long time after the last EP election in 2011 when Dr Tony Tan won by a miniscule 35.2 % with the PAP fearing and declining a run-off. Dr...
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