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Recent Posts
- CPF investment risks have multiplied, better for PAP to return our CPF
- Minister Lawrence Wong talking cock again, still thinks Singaporeans were born yesterday
- Majority of Singaporeans unlikely to sacrifice for Singapore Inc
- Did LKY say he wanted to be a dictator before our independence?
- GIC masks its poor rate of return from CPF members by reporting in US$
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Author Archives: Phillip Ang
CPF investment risks have multiplied, better for PAP to return our CPF
A few years ago, CPF fund manager, GIC, had already acknowledged global asset prices were overinflated. Yet, the government has been channeling additional billions in CPF into GIC. GIC expected market downturn years ago GIC had actually been anticipating a … Continue reading
Posted in CPF, GIC
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Minister Lawrence Wong talking cock again, still thinks Singaporeans were born yesterday
I refer to ST article, “Major infrastructure projects over next decade will put Singapore economy on stronger footing: Lawrence Wong”. Someone should let Wong know that Singaporeans are not dumbasses and the days when propaganda worked wonders are over. To … Continue reading
Posted in POLITICS
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Majority of Singaporeans unlikely to sacrifice for Singapore Inc
When Singaporeans say we love our country, most are actually kidding. Go ask wealthy foreigners who recently became new citizens whether they will die for Singapore or pack up and leave and you will know what I mean. Even our … Continue reading
Posted in POLITICS
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Did LKY say he wanted to be a dictator before our independence?
In 1960, LKY was reported to have said this in a radio interview: Can anyone govern without consulting the people and still be serving? Is PAP governing effectively by amending the Constitution to allow a racist PE? Or locking up our … Continue reading
Posted in POLITICS
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GIC masks its poor rate of return from CPF members by reporting in US$
GIC has been engaging in propaganda to ‘boost’ its performance, eg disclosing irrelevant information to mask its poor returns. Since GIC invests in only foreign assets which carry high forex and political risks, one would have expected a higher rate … Continue reading
Posted in CPF, GIC
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