Monthly Archives: September 2017

CPF members should be very wary of propaganda campaign

Posted on September 30, 2017 by Phillip Ang

CPF Board (CPFB) has been engaged in propaganda through advertisements, online and print. The sole objective is of course to trap more money in GIC via CPFB. The government is now so desperate that it has started conducting roadshows, spending … Continue reading →

Posted in CPF | 2 Comments

Shouldn’t PAP also reserve President’s scholarships, top management posts in Singapore Inc for Singaporean Malays?

Posted on September 30, 2017 by Phillip Ang

Do minority races need assistance in meritocratic Singapore? The PAP apparently thought so … but by assisting one Malay to become President. If Singaporean Malays really require assistance from PAP – most Singaporeans do not believe this bullshit – then … Continue reading →

Posted in POLITICS | 1 Comment

CPF Board trying to conceal embarrassing information

Posted on September 29, 2017 by Phillip Ang

PAP has again engaged in propaganda to mask the true state of our CPF. Success is success but failure can also be turned into ‘success’ by our self-checking government. 😉 And so we continue to hear more positive news from … Continue reading →

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DPM Teo still trying to defend racist PE with hogwash

Posted on September 28, 2017 by Phillip Ang

The undemocratic racist PE is indefensible. Period. But of course the PAP could do no wrong and continues to do all it can to hoodwink gullible citizens. After DPM Tharman, we are now hearing more racist PE hogwash from DPM … Continue reading →

Posted in POLITICS | Leave a comment

CPF Board uncertain where our CPF is invested?

Posted on September 28, 2017 by Phillip Ang

CPF members have made too many wrong assumptions on where our retirement savings are invested. Please write to CPF Board to clarify as something is terribly amiss. 😦 The common understanding, as we have been repeatedly told, is that CPF … Continue reading →

Posted in CPF | 1 Comment

Do not be fooled by DPM Tharman, do not trust PAP anymore

Posted on September 28, 2017 by Phillip Ang

Many Singaporeans seem impressed by DPM Tharman. Not me. Tharman may be very intelligent and probably the best PAP can offer. But at the end of the day, he belongs to an elitist party hell bent on screwing ordinary Singaporeans. … Continue reading →

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CPF members shortchanged by PAP, Temasek given all the pow chiak domestic businesses (Pt 2)

Posted on September 27, 2017 by Phillip Ang

​(Pt 1 here) During the early years after independence, PAP relied mostly on our CPF savings to set up GLCs as well as fund infrastructure construction.** In 1967, CPF members loaned the PAP government 85% of the funds it badly … Continue reading →

Posted in CPF, TEMASEK | Leave a comment

Failure MOT Minister Khaw turns himself into a joke again, appeals to gods to bless MRT system

Posted on September 26, 2017 by Phillip Ang

Our MRT system will continue to fail commuters and what is needed is a revamp. The inept management of LTA, SMRT, MOT – especially MOT Minister Khaw – need to go. Hara Kiri Khaw is known for blaming others to deflect blame … Continue reading →

Posted in POLITICS, SMRT/SBS TRANSIT | Leave a comment

If GIC is really managing all CPF monies, there must have been massive investment losses

Posted on September 26, 2017 by Phillip Ang

The government should clarify if all our CPF is invested in SSGS and managed by GIC. Based on data from reputable institutions, there appears to be massive investment losses. Better still, disclose all material information in Parliament instead of concealing … Continue reading →

Posted in CPF, GIC | 1 Comment

You still don’t think CPF is the mother of all Ponzi schemes?

Posted on September 25, 2017 by Phillip Ang

The amount of abused CPF has increased exponentially. To put this into perspective: The shocker: If this had happened in the private sector, alarm bells would have gone off.  But why not at GIC? After all, only about 3% in interest … Continue reading →

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