Monthly Archives: July 2017

With 83% of LTA’s projects awarded to the lowest bids, will roads, viaducts or MRT structures collapse in future?

​In time to come, Minister Lim Double Ass will likely be proven wrong: cheaperer is not betterer. The collapse of an uncompleted viaduct in Changi last week has shocked Singaporeans. This should not have happened in Singapore but it did and … Continue reading

Posted in POLITICS | Leave a comment

Singaporeans will pay a very high price for supporting Lee Kuan Yew’s dictatorship, mess created by PAP

In order to extricate ourselves from the mess created by LKY and PAP, we have to understand our history; how Singapore got itself into all this mess. It’s only after we’ve understood the need for a system change that meaningful … Continue reading

Posted in POLITICS | 2 Comments

Is our CPF really invested in SSGS or somewhere else?

The common understanding is that our CPF is invested in SSGS which provides guaranteed low returns. CPF funds are managed by GIC which invests in overseas assets. But according to the MAS, CPF members’ returns include ‘interest earnings from investments held … Continue reading

Posted in CPF, GIC | Leave a comment

Why does CPF fund manager GIC need to conceal its cash position?

CPF fund manager GIC is no ordinary fund manager. It is perhaps the only one in the universe which has been able to conceal material information with help from the government. Information which GIC does not wish to disclose could … Continue reading

Posted in Uncategorized | 1 Comment

HDB must stop lying about HDB ‘lessees/tenants’ being ‘owners’

I refer to ST Forum letter “Are HDB residents tenants or owners?” and HDB’s reply, “HDB buyers are home owners, not tenants” by Ms Lim Lea Lea. HDB legal documents and its website have always stated ‘owners’ as ‘lessees’ and … Continue reading

Posted in HOUSING | 1 Comment