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Monthly Archives: February 2017
PAP to start GST ‘awareness’ with another hike?
PAP has run out of ideas to generate economic growth and has instead embarked on an ‘awareness’ campaign to generate revenue. These jiak liao bees are aware that they have at least 2 more good years ahead before the next … Continue reading
Posted in POLITICS
3 Comments
Minister Indranee is not a harebrained goondu, easy ways to grow GDP not maxed out
During the post-budget REACH wayang, SMOS for Finance Indranee Rajah tried to defend PAP’s arbitrary 30% increase in the price of water. Although the increase will trickle down to all goods and services, Indranee pretended she didn’t know fundamental economic … Continue reading
Posted in POLITICS
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Did motorcyclists vote for motorcycle COE price increase of 2800% since 2005?
On 1 Feb 2005, it cost only $224 for a motorcycle COE. On 5 Feb 2017, the price had increased to $6412 or about 28 times. Did the salary of delivery drivers increase by even 2.8 times? The last time … Continue reading
PAP really doesn’t know the returns made from CPF or just refuse to disclose material information?
CPF members are given the impression that because our reserves are commingled, PAP doesn’t know the returns made from investing CPF monies. According to MOF (Q29)**: – “..even after deducting all the Government’s liabilities (including CPF monies)” – “ the … Continue reading
Posted in CPF
2 Comments
Budget 2017: PAP government increasing housing grants to support high housing prices
I refer to “Higher CPF housing grant: No big increase in resale market prices, say analysts”. CNA This is another instance of propaganda at its best. From potential resale flat buyers to property analysts, everyone is applauding PAP without understanding … Continue reading
SMOS for Finance Indranee Rajah jokes about increasing water prices
First, it was a clown and PAP MP Lee Bee Wah who equated increasing the price of water to “bring[ing] up the awareness of the importance of water”. link Now we not only have an MP but a minister, SMOS … Continue reading
Posted in POLITICS
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Only one announcement in Parliament needed to increase PUB’s income by $361 million
Lee Kuan Yew: “We decide what is right. Never mind what the people think.” link And so Finance Minister Heng simply announced a staggering 30% increase in the price of water during Budget 2017. PAP had already decided that increasing … Continue reading
Posted in POLITICS
4 Comments
More than 1.85 million CPF members have less than $20,000 in CPF Ordinary Account?
In 2015, there were 3.69 million CPF members. According to MOF, more than 1.85 million CPF members do not even have $20,000 in their CPF Ordinary Account. MOF: “More than half of all CPF members earn 3.5% per year on … Continue reading
Posted in CPF
6 Comments
Why is 100% of CPF retirement savings invested overseas?
From: pipakh Sent: Monday, February 20, 2017 7:30 PM To: PRITAM Cc: LEON ; <a title=”sylvia ; WP ; <a title=”kathijah.rahaman ; C K WONG ; <a title=”cue_liew ; GERALD GIAM ; <a title=”ken_dxb ; JAYA ; <a title=”cklau60 ; … Continue reading
Posted in CPF, WP
3 Comments
Another wayang apology by PAP for the Syonan Gallery blunder
On 17 Feb, Minister Yaacob caved in to public pressure and apologised for the ‘pain the name caused’ by “Syonan Gallery”. link This was yet another blunder by NLB. A simple and sincere apology would have sufficed but since PAP … Continue reading
Posted in POLITICS
2 Comments
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