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This is not a game of cardsThis is not a game of cards I can appreciate parties wanting to hold their cards close to their chest, but the smoke and mirrors games on nominations day, the shuffling of the DPM from a seat he had openly been declared to be defending, and other ministers shuffling constituencies leaves one feeling the PAP thinks it is playing a game of cards. Constituency...

Is a Parliament full of PAP MPs really better for Singaporeans?Is a Parliament full of PAP MPs really better for Singaporeans? I refer to The Online Citizen GE2025 news report, “Lee Hsien Yang: Is a Parliament full of PAP MPs really better for Singaporeans?” - (April 14), and “The Straits Times’ report, “GE2025: Singaporeans will go to the polls on May 3, Nomination Day on April 23” (April 15), and The Online Citizen GE2025 report,...

𝐈𝐧𝐜𝐨𝐦𝐩𝐞𝐭𝐞𝐧𝐜𝐞 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐧𝐞𝐞𝐝 𝐟𝐨𝐫 𝐀𝐜𝐜𝐨𝐮𝐧𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲𝐈𝐧𝐜𝐨𝐦𝐩𝐞𝐭𝐞𝐧𝐜𝐞 𝐚𝐧𝐝... Is the PAP of today exceptional, with unmatched competence and delivery? Afterall, that is their justification for the highest salaries in the world. Let’s look at its more recent track record. Large numbers of NRIC numbers were recently unmasked, leaving Singaporeans exposed to identity theft, fraud, abuse and scams....

GE2025: Red Dot United to contest in Holland-Bukit TimahGE2025: Red Dot United to contest in Holland-Bukit Timah I refer to the CNA news, “GE2025: Red Dot United to contest in Holland-Bukit Timah GRC but may make way for Singapore Democratic Party” (April 10), “More opposition 'star catches' are emerging. Is Singapore's political scene maturing?” (April 10) and “PSP says government response to Trump tariffs 'overblown',...

GE2025: Why Singapore's high-flying bureaucrats are recruited into politicsGE2025: Why Singapore's high-flying bureaucrats are recruited... I refer to CNA’s news, “GE2025: Why Singapore's high-flying bureaucrats are recruited into politics” (Mar 28). It is not surprised to notice that in recent weeks, two NMPs and top ministry officials have resigned, fuelling speculation they could be fielded as potential candidates for the ruling People's Action...

More than 2.75 million Singaporeans eligible to vote in GE2025More than 2.75 million Singaporeans eligible to vote in GE2025 I refer to The CNA’s News, “GE2025: More than 2.75 million Singaporeans eligible to vote” (Mar 25). As Singapore’s General Election is due to be held within this year, the following factors will more or less influence the election situation this year: A)The general mentality of voters Voters are generally...

How the end of Ukraine war could be secured, even with waning US supportHow the end of Ukraine war could be secured, even with waning... I refer to the CNA’s commentaries, “How the end of Ukraine war could be secured, even with waning US support” (Mar 4), “Lessons from the Trump-Zelenskyy meltdown- for friends and foes” (Mar 1) and “Will Trump tariffs push China to change economic tack?” (Mar 3). Foremost, we need to recognise the reality...

Singapore Army Recruits Deserve a Minimum WageSingapore Army Recruits Deserve a Minimum Wage Singapore Army Recruits Deserve a Minimum Wage: National Service Should Not Come at the Expense of Opportunity Costs Singapore’s National Service (NS) has long been a cornerstone of the nation’s defense, requiring young men to dedicate two years of their lives to military, civil defense, or police service. While...

Trump-Putin deal on Ukraine will be Europe’s moment of reckoningTrump-Putin deal on Ukraine will be Europe’s moment of... I refer to the CNA’s Commentaries, “Trump-Putin deal on Ukraine will be Europe’s moment of reckoning” (Feb 20) and “Ukraine can survive with the ‘least worst’ peace” (Feb 22). Now, In the eyes of European Union, they have lost trust and confidence in the United States, it is solely due to the flip flop...

From Deepseek to Huawei, US tech restrictions on China are backfiringFrom Deepseek to Huawei, US tech restrictions on China are... I refer to the CNA’s Commentary, “From Deepseek to Huawei, US tech restrictions on China are backfiring” (Jan 31). Would it be practical, useful and effective for the United States to continually pursue an aggressive containment strategy to hobble China’s tech push? Undoubtedly, the answer is obviously not. There...

Don't get distracted by Trump's outlandish Cabinet picksDon't get distracted by Trump's outlandish Cabinet picks I refer to the CNA’s Commentary: “Don't get distracted by Trump's outlandish Cabinet picks” (Nov 25), and “'No one will win a trade war’, China says after Trump tariff threat” (Nov 26). As everyone knows, U.S. President-elect Donald Trump will return to power on January 20, 2025. Trump has dismissed...

Putin escalates Ukraine warPutin escalates Ukraine war I refer to The CNA’s Commentary: “Putin escalates Ukraine war by a step, not a leap, with missile experiment” (Nov 23). Foremost, Zelenskyi’s intention to join Nato has greatly threatened the security and survival of Russia. Hence, Zelenskyy has offended Putin and Putin has no choice but to launch a war with...

Will PM Wong address the astronomical ministerial salaries?Will PM Wong address the astronomical ministerial salaries? I refer to The TR-Emeritus opinion article, “Will PM Wong address the astronomical ministerial salaries” (June 14) by Mr Yoong Siew Wah. It has always been a controversial topic which concerns about our top political leaders who receive their salaries that are many times higher than those foreign political leaders. Our...

Supporting Chee Soon Juan's caféSupporting Chee Soon Juan's café I refer to The Independent Singapore’s news, “Singaporeans urged to support Chee Soon Juan's café despite their political preferences” (July 16). The underlying objective of doing any business is to ensure it is viable and profitable. Otherwise, there is no point of undertaking risk for it. It is natural for...

Steering with stability in transition timesSteering with stability in transition times I refer to The Straits Times’ Editorial, “Steering with stability in transition times” (May 16). Let us analyze and interpret this specific subject from a broad perspective, how Singapore should respond and adapt to the evolution of the entire international situation and formulate its foreign policy that is extremely...

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Editorials
Level 16 super typhoon devastates multiple cities in...

Level 16 super typhoon devastates multiple cities in...

Northern China was hit by an extreme weather event on Thursday as a massive cold front swept south, colliding...
Level 15 winds destroy buildings rooftops and cause...

Level 15 winds destroy buildings rooftops and cause...

On April 30, northern China was struck by an extreme weather event as a massive cold vortex surged southward,...
TR Emeritus to 'shut-up' on 2nd May 2025

TR Emeritus to 'shut-up' on 2nd May 2025

Please be informed that TR Emeritus (TRE) will shut down its comment function site-wide at 0000 hours...
Chaos in China as extreme storm destroys homes and...

Chaos in China as extreme storm destroys homes and...

Beijing’s 22 million residents were asked to stay indoors on Saturday, as powerful winds swept across...
China, Thailand, and Myanmar in ruins after devastating...

China, Thailand, and Myanmar in ruins after devastating...

On March 28, 2025, a devastating 7.7-magnitude earthquake struck central Myanmar near Mandalay, causing...
Myanmar 7.7 earthquake collapses buildings in Thailand,...

Myanmar 7.7 earthquake collapses buildings in Thailand,...

A powerful 7.7 magnitude earthquake struck central Myanmar on March 28, 2025, causing widespread panic...
Beijing shocked by earthquake and mega sandstorm

Beijing shocked by earthquake and mega sandstorm

Since March 24, 2025, northern China has been battling extreme weather as a massive sandstorm swept through...
Mega hail causes mass destruction in Fujian and Guangdong

Mega hail causes mass destruction in Fujian and Guangdong

An unexpected and severe hailstorm struck multiple cities in Guangdong and Fujian between March 3 and...
Extreme weather struck multiple regions in China

Extreme weather struck multiple regions in China

On March 2, 2025, extreme weather struck multiple regions in China, with parts of Henan province experiencing...
Happy Chinese New Year 2025

Happy Chinese New Year 2025

Wishing all our Chinese readers:     Team@TR Emeritus  
Huge snow caused numerous disruptions on China's major...

Huge snow caused numerous disruptions on China's major...

As the Chinese New Year approaches, millions of people across the country are making their annual journey...
The rapidly spreading HMPV virus you haven’t heard...

The rapidly spreading HMPV virus you haven’t heard...

Human Metapneumovirus (HMPV) is making headlines as cases surge, especially among children and vulnerable...
4.1 magnitude earthquake shakes Shanxi's Linfeng city

4.1 magnitude earthquake shakes Shanxi's Linfeng city

On the evening of January 10, 2025, Linfen City in Shanxi Province was struck by an earthquake. The tremor,...
7.8 magnitude earthquake devastates Tibet

7.8 magnitude earthquake devastates Tibet

A magnitude 7.1 earthquake has hit Tibet, in the region of Shigatse, which is near the border with Nepal. According...
Outbreak of mystery virus in China

Outbreak of mystery virus in China

China is r eportedly facing a new health crisis as the human metapneumovirus (HMPV) outbreak rapidly...
Unknown Virus Rampages in China; Hospitals Utterly...

Unknown Virus Rampages in China; Hospitals Utterly...

A blogger in China has shared a video, claiming that this isn’t China’s Spring Festival travel rush;...
The ugly truth about buying a property in Malaysia

The ugly truth about buying a property in Malaysia

The shocking Truth Behind Singaporeans’ Malaysia Property Dispute. You don't actually own the...
Merry Christmas

Merry Christmas

Wishing all our valued readers:   Team@TRE  
Opinions
A False Analogy That Insults the Intelligence of Singaporeans

A False Analogy That Insults the Intelligence of Singaporeans

Minister Ong Ye Kung’s recent assertion that a “co-driver” bears no responsibility if a car crashes...
There is a cost to losing

There is a cost to losing

There is a cost to losing. At least in PAP’s books. And one of the costs is a policy of priority. That...
Hougang Belongs to the People

Hougang Belongs to the People

Thank You for the Reminder, Mr Marshall Lim. It is with no small measure of amusement that one reads...
Its all about trust

Its all about trust

Dr Ng Eng Hen from PAP has pointed out the most important key point about this General Elections, it...
Misunderstanding What Singaporeans Truly Expect from...

Misunderstanding What Singaporeans Truly Expect from...

The government's repeated assertion that it is "easy for the opposition to ask the government to give...
Punggol GRC

Punggol GRC

Punggol GRC is without question one of the most hotly watched, followed and contested constituency in...
Should Singapore Be Concerned About David Neo’s “Action-Takers,...

Should Singapore Be Concerned About David Neo’s “Action-Takers,...

Singaporeans should pause and reflect on the recent remark by PAP candidate David Neo, who said that...
Why Singaporeans Must Reconsider the Dismissal of SDP’s...

Why Singaporeans Must Reconsider the Dismissal of SDP’s...

The Singapore government’s blunt assertion that the Singapore Democratic Party (SDP)’s proposals...
Expect the exchange of barbs in politics

Expect the exchange of barbs in politics

In a political contest, expect the exchange of barbs. And we do not lack any of it in the rallies held...
Don't Be Swayed by the Noise—Think Critically Before...

Don't Be Swayed by the Noise—Think Critically Before...

In recent weeks, the political buzz in Singapore has reached a new high. Massive crowds at opposition...
We vote whoever is deserving of our vote

We vote whoever is deserving of our vote

I am surprised that Lee Hsien Loong chose to remind us of the 1997 shameful episode when he, his father...
The Case for a Diverse and Balanced Parliament

The Case for a Diverse and Balanced Parliament

The Singapore government has recently stated that "Good government needs good people" and cautioned against...
None of the PAP labour MPs rose to speak when Parliament...

None of the PAP labour MPs rose to speak when Parliament...

I was truly flabbergasted when I learned from one of Pritam Singh's (PS) recent rally video clips that...
A Regrettable Incident and a Timely Call for Reform

A Regrettable Incident and a Timely Call for Reform

The recent racial slur made by a Singapore Democratic Party (SDP) member during the General Election...
A Regrettable But Understandable Outcome

A Regrettable But Understandable Outcome

The walkover in the newly formed Marine Parade-Braddell Heights GRC is, to many observers, a regrettable...
Do not be afraid to give up the good to go for the...

Do not be afraid to give up the good to go for the...

"Do not be afraid to give up the good to go for the great" - John D. Rockefeller. 2 big wigs from...
Singapore Needs a Dynamic Multi-Party System

Singapore Needs a Dynamic Multi-Party System

Singapore Needs a Dynamic Multi-Party System – The Status Quo is Failing Us. Singaporeans can no...
Singaporeans going to the polls on 3rd May 2025

Singaporeans going to the polls on 3rd May 2025

Singaporeans will be going to the polls on 3 May 2025. 'The government of the people, by the people...
Letters
Is a Parliament full of PAP MPs really better for Singaporeans?

Is a Parliament full of PAP MPs really better for Singaporeans?

I refer to The Online Citizen GE2025 news report, “Lee Hsien Yang: Is a Parliament full of PAP MPs...
GE2025: Red Dot United to contest in Holland-Bukit...

GE2025: Red Dot United to contest in Holland-Bukit...

I refer to the CNA news, “GE2025: Red Dot United to contest in Holland-Bukit Timah GRC but may make...
GE2025: Why Singapore's high-flying bureaucrats are...

GE2025: Why Singapore's high-flying bureaucrats are...

I refer to CNA’s news, “GE2025: Why Singapore's high-flying bureaucrats are recruited into politics”...
More than 2.75 million Singaporeans eligible to vote...

More than 2.75 million Singaporeans eligible to vote...

I refer to The CNA’s News, “GE2025: More than 2.75 million Singaporeans eligible to vote” (Mar...
How the end of Ukraine war could be secured, even with...

How the end of Ukraine war could be secured, even with...

I refer to the CNA’s commentaries, “How the end of Ukraine war could be secured, even with waning...
Singapore Army Recruits Deserve a Minimum Wage

Singapore Army Recruits Deserve a Minimum Wage

Singapore Army Recruits Deserve a Minimum Wage: National Service Should Not Come at the Expense of Opportunity...
Trump-Putin deal on Ukraine will be Europe’s moment...

Trump-Putin deal on Ukraine will be Europe’s moment...

I refer to the CNA’s Commentaries, “Trump-Putin deal on Ukraine will be Europe’s moment of reckoning”...
From Deepseek to Huawei, US tech restrictions on China...

From Deepseek to Huawei, US tech restrictions on China...

I refer to the CNA’s Commentary, “From Deepseek to Huawei, US tech restrictions on China are backfiring”...
Snippets
This is not a game of cards

This is not a game of cards

I can appreciate parties wanting to hold their cards close to their chest, but the smoke and mirrors...
𝐈𝐧𝐜𝐨𝐦𝐩𝐞𝐭𝐞𝐧𝐜𝐞 𝐚𝐧𝐝...

𝐈𝐧𝐜𝐨𝐦𝐩𝐞𝐭𝐞𝐧𝐜𝐞 𝐚𝐧𝐝...

Is the PAP of today exceptional, with unmatched competence and delivery? Afterall, that is their justification...
The sleep science revolution in elite sports

The sleep science revolution in elite sports

Professional sports have entered a new era where recovery science directly impacts performance outcomes....
Sports Betting in Online Casinos as a Way to Improve...

Sports Betting in Online Casinos as a Way to Improve...

In today's world, online sports betting has become not only a popular form of entertainment but also...
Opportunities and features of artificial intelligence...

Opportunities and features of artificial intelligence...

Today, artificial intelligence and neural networks have become a widespread phenomenon, bringing people...
How Modern Technology is Shaping the Future of Sports...

How Modern Technology is Shaping the Future of Sports...

The sports betting industry is undergoing a revolution fueled by modern technology. From Artificial Intelligence...
The Allure of Singapore Jewellery: A Blend of Tradition,...

The Allure of Singapore Jewellery: A Blend of Tradition,...

In Singapore, traditional and contemporary life come together so beautifully, and among other things...
The Impact of Global Economic Policies on Singapore’s...

The Impact of Global Economic Policies on Singapore’s...

For dynamics to develop within Singapore's financial markets, global economic policies are incredibly...
Sticky & Recent Articles

Are Dr Lu’s actions compatible with values expected?

Are Dr Lu’s actions compatible with values expected?

Dr Jay Lu Jiade Immediately following Tan Tock Seng Hospital’s (TTSH) dismissal of blogger Roy Ngerng (‘Tan Tock Seng Hospital dismisses Roy Ngerng‘) on 10 June 2014, the Ministry of Health (MOH) also issued its statement the same day, supporting TTSH’s decision to terminate Roy’s employment. MOH said: MOH supports TTSH’s decision as Mr Ngerng’s actions show a lack of integrity and are incompatible with the values and standards of behaviour expected of hospital employees. A reader told TRE there was a case some time ago about another hospital employee, a foreign doctor, who was struck off from medical register in the US for selling Viagra online illegally, but who was later found to be working in the National University Hospital (NUH) in Singapore. Indeed, the foreign doctor is Dr Jay Lu Jiade who is currently still working in NUH [Link]. He is the Head and Senior Consultant at the Department of National University Cancer Institute of NUH: Dr Lu was, in fact, struck off from Florida’s medical register after he was caught selling the prescription drug Viagra online illegally in 1999 (‘Foreign doctor with license revoked in U.S. now employed by NUH in Singapore‘). Subsequently, he made his way to Singapore in 2001 and found a job with NUH. He has since been working in NUH/NCIS for the past 13 years. A relative of a NUH's patient, who first informed TRE about Dr Lu in 2012, wondered “how could someone with such a record” rise to attain senior leadership positions in our university hospital? She said, “I am concern what values are imparted to our young training doctors, given that NUH/NUS is a major teaching hospital in Singapore.” “I am very concern about the checks and balances for employment at NUH. Are independent checks being done on prospective foreign drs? A simple google search revealed so much detail about Prof Lu. I consider my family lucky as I managed to find this out before seeing Prof Lu. I have since decided to go to another hospital.” When the news of Dr Lu broke, NUH held a press conference on 7 September 2012 to defend its decision to hire him. NUH then said: “The National University Hospital (NUH) and the National University Cancer Institute, Singapore (NCIS) have looked into claims that a doctor on the staff of NCIS was hired to work here even though his practicing certificate had been revoked in the United States.” “Dr Lu has informed us that he very much regretted his 1999 involvement in the online prescription of drugs, which he puts down to a lapse of judgement. It is an error for which he has already been penalized by the US medical authorities where these offences occurred.” “He is a physician who has earned the gratitude of his patients and the respect of his colleagues and students.” "We took on board a talented and enthusiastic physician who, when he came to us, was not encumbered by legal challenges brought on by health regulatory bodies. Dr Lu has shared a full and thorough account of what transpired.” At the time, MOH did not issue any statements about Dr Lu, unlike Roy's case. Subsequently, TRE also wrote to the Singapore Medical Council (SMC) for comments on Dr Lu's case, since SMC, a statutory board under MOH, is in charge of governing and regulating the professional conduct and ethics of registered medical practitioners in Singapore. The first reply from SMC was in Sep 2012, saying that it was reviewing Dr Lu's case: From: SMC Enquiries (SMC) Date: Thu, Sep 6, 2012 at 9:34 PM Subject: Re: Subject of concern Thank you for your email and for writing to the Singapore Medical Council (SMC). The SMC is aware of Dr Lu's case and processes have been underway to review this matter fully. Presently, the requisite processes will take its course to balance fairness to the practitioner and safety to the public. As the case is now pending, it is not appropriate for the SMC to comment further. As for your general query relating to the grants of licences in Singapore, SMC requires a doctor to make a formal declaration as to whether there has been previous investigations and/or convictions (whether related to their medical practice or conduct generally) in all jurisdictions. We take these matters very seriously and if there has been any transgression on disclosures to the SMC, the relevant committees will take the appropriate action. Singapore Medical Council A month later in Oct 2012, TRE wrote to SMC again to enquire about the status of their review. SMC said they were still reviewing Dr Lu's case: From: SMC Enquiries (SMC) Date: Thu, Oct 4, 2012 at 11:27 AM Subject: RE: Subject of concern Thank you for your email. SMC has already taken steps to investigate Dr Lu’s matter. As the process is underway, we are unable to disclose any details relating to ongoing matters. This is to ensure that the due process is conducted fairly and independently, in the interests of the public and the doctor. SMC will release information about the outcome of its investigations at the appropriate stage. Singapore Medical Council Since then, 1 year 9 months have passed. Nothing is heard from SMC. A check on its website [Link] also showed that SMC has not published any grounds of decision on Dr Jay Lu yet. It is not known why SMC is taking so long to come to a decision. Perhaps it is still contemplating if Dr Lu's illegal online viagra selling is "compatible with the values and standards of behaviour expected of hospital employees"? What do you think?  Read More →

SG’s ranking in GPI falls 9 places due to crime rate

SG’s ranking in GPI falls 9 places due to crime rate

Singapore's ranking in this year's Global Peace Index (GPI) fell 9 places from last year's position of 16th to 25th. The GPI is an attempt to measure the relative position of nations' and regions' peacefulness. It is produced by the Institute for Economics and Peace (IEP) and developed in consultation with an international panel of peace experts from peace institutes and think tanks with data collected and collated by the Economist Intelligence Unit. The list was launched first in May 2007, then continued yearly. It is claimed to be the first study to rank countries around the world according to their peacefulness. It ranks altogether 162 countries. The GPI study is endorsed by individuals such as Kofi Annan, the Dalai Lama, archbishop Desmond Tutu, former Finnish President Martti Ahtisaari, Nobel laureate Muhammad Yunus, economist Jeffrey Sachs, former president of Ireland Mary Robinson, Jan Eliasson and former US president Jimmy Carter. The index is composed of 22 (qualitative and quantitative) indicators which gauge three broad themes: level of safety and security in society extent of domestic or international conflict degree of militarisation Singapore, Malaysia and the Philippines were among the Asia-Pacific countries that saw their scores decline the most this year. Malaysia's ranking went down 4 places to 33rd while the Philippines' was down 5 places to 134th. Iceland topped the index as the most peaceful country, while Syria came in last. The report states Singapore's lower score was due to "an increase in internal security and the police force, as well as higher perceived criminality". In other words, there is a perceived increase in crime rate in Singapore in the past 1 year (i.e., between the time the 2013 GPI was published in mid-last year and the time 2014 GPI was published this month). Three days (11 Dec 2013) after the Little India Riot, PM Lee spoke on national TV saying that Singapore residents commit more crimes than foreign workers do: He said: "We should not generalise a group because of some individuals. I don't think that is fair or justifiable because their (foreign workers) crime rates are, in fact, lower than Singapore residents in general." That being the case, then something must have triggered Singaporeans to commit more crimes in the past 1 year since our GPI has fallen 9th places to 25th position, all in the span of 1 year. What do you think?    Read More →

CPF – Lim Swee Say at his nonsensical best!

CPF – Lim Swee Say at his nonsensical best!

Lim Swee Say with his famous toothpick (Photo ST) ST headline “CPF money 100% safe: Swee Say” caught my eye. I knew anything related to Lim Swee Say, minister with zero portfolio with a fetish for DTF toothpicks, would be interesting. The more our government emphasises the ‘safety’ of CPF monies in the absence of transparency, the more CPF members should worry. Second paragraph: “While many investments had been lost during the global financial crisis, he pointed out, CPF had still continued to earn interest then”. What does “many investments” mean in dollar value? $10 billion? $50 billion? That “CPF had still continued to earn interest then” is obviously redundant. Swee Say loves to highlight the obvious but does not provide any supporting data. Talk is cheap. It’s like telling Singaporeans ‘the sun will rise tomorrow”. No, not just “tomorrow” but “tomorrow morning”. Third paragraph: “(The) money with CPF.. was not only safe, but continued to earn risk-free interest”. Who is Swee Say trying to kid? First he says “many investments had been lost” (billions) and a few seconds later claims CPF money “was not only safe, but..”. Swee Say has certainly mastered the art of speaking half-truths: “You have the money, the account, and you receive the statement of accounts on a regular basis, so you know exactly how much money you have. CPF money is something that “nobody can take away”. Oh really? “Nobody can take away” our money? Swee Say should be upfront and tell the student participants the PAP government has been helping themselves to OUR CPF monies through legislation, locked them away in a ‘55 till 65 cannot touch account’ and then subject members to a ‘monthly installment until you mati’ scheme. Recall Minister Khaw had recently said about having a degree: “You own a degree, but so what? That you can’t eat it. If that cannot give you a good life, a good job, it is meaningless”. Using Khaw’s logic, the students should have told Swee Say: “You have a CPF account, receive statement of accounts on a regular basis and know how much money you have, so what? If the money ‘can see no touch’ for 10 years and cannot give us a good life, it is meaningless.” Swee Say should be upfront and inform the student participants that the dominant party in parliament is able to shift the CPF goalposts any time, any where. Withdrawal age has already been shifted 10 years, from 55 to 65; the PAP could easily, and likely, raise this to even 70 with no resistance in parliament. Swee Say also said our “CPF is 100% safe and is protected against events like the global financial crisis”. This is clearly false as the market value of CPF investments in GIC were decimated during the crisis. It is almost impossible to believe a confused cabinet minister could have made such comments. But then again, coming from Lim Swee Say, nothing is impossible.   Phillip Ang * The author blogs at http://likedatosocanmeh.wordpress.com    Read More →

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