Spend $100 billion to deal with climate change?
I agree that we need to deal with climate change. I am not sure if we need to spend $100 billion to achieve this goal. What I know is that we have another goal that is more urgent and more immediate. We need to bring down our cost of living. We can bring it down by more than 7%, if we abolish our GST immediately. We are facing...
Instead of Hot Air We Need to Talk About Where the Money’s Gone
State media lost no time in branding PM Lee’s plans announced at Sunday’s National Day Rally (NDR) as “ambitious”. Well, they would say that, wouldn’t they since their whole raison d’etre, apart from making money from Singaporeans through their media monopoly, is to act as LHL’s year round re-election committee,...
CPF in urgent need of revamp, will ultimately collapse from constant tweaking to delay payout
Most Singaporeans are aware that CPF scheme has failed. A scheme that works does not require frequent tweaks to delay payout. A – Post independence, Singapore needed billions to finance infrastructure and HDB construction. With unchecked powers, PAP borrowed from CPF members at self-determined rates which were below short...
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