Instead of Hot Air We Need to Talk About Where the Money’s Gone
State media lost no time in branding PM Lee’s plans announced at Sunday’s National Day Rally (NDR) as “ambitious”. Well, they would say that, wouldn’t they since their whole raison d’etre, apart from making money from Singaporeans through their media monopoly, is to act as LHL’s year round re-election committee,...
CPF in urgent need of revamp, will ultimately collapse from constant tweaking to delay payout
Most Singaporeans are aware that CPF scheme has failed. A scheme that works does not require frequent tweaks to delay payout. A – Post independence, Singapore needed billions to finance infrastructure and HDB construction. With unchecked powers, PAP borrowed from CPF members at self-determined rates which were below short...
Time for a universal pension scheme for all Singaporeans
Many Singaporeans in the sandwiched middle class have been squeezed left right and center by our populist government. GST is going to be 9% soon. Water prices are going to go up and MRT fares are also going up. Do we really think with so much increase in population, SMRT is unable to make a profit? So back in the days where...
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