Monthly Archives: November 2014

20141129 PAP on the side of foreigners, needs them more than Singaporeans

I refer to PAP’s propaganda by PM Lee “PAP will always be on the side of Singapore and of Singaporeans”. PM Lee’s entire article is full of self praise and it seems our leader has conveniently forgotten his recent actions … Continue reading

Posted in POLITICS | 4 Comments

20141127 Risk-averse PAP should not lecture Singaporeans to quickly learn from failure

I refer to “Equip students with skills to create future tech: PM”. PM Lee thinks Singapore can be transformed into a technology-enhanced “smart nation” with his pearls of wisdom ie having the ‘right’ education and a “can-do spirit of experimenting … Continue reading

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20141125 Did PAP use our CPF to finance other government obligations before 2001?

The PAP government has refused to be transparent on CPF issues. Members have been told our CPF has been invested in Special Singapore Government Securities (SSGS) issued by the Singapore government with a guaranteed low rate of return. But according … Continue reading

Posted in CPF | 4 Comments

20141123 HDB lessees should not contribute to sinking fund

There is no such thing as ownership of public property by citizens, HDB flats included. Our HDB flats are all on a 99-year lease and it is stated clearly on the lease agreement. ‘Owners’ are in fact ‘lessees’. It is … Continue reading

Posted in HOUSING, POLITICS | 6 Comments

20141120 Retirement shortfall caused by PAP abusing CPF

The British colonial authority introduced the CPF in 1955 as a compulsory savings scheme to fund our retirement. Five decades of countless PAP tweaks have resulted in a huge retirement shortfall for members ie “nearly 75% of Singaporeans do not … Continue reading

Posted in CPF | 2 Comments