GIC confirms abuse of CPF
CPF monies are state reserves managed by GIC primarily to benefit the government, not CPF members. This was confirmed by GIC in 2015: (link) Questions which thinking CPF members should ask the PAP government: 1. Why is the PAP government using our CPF as “a key defence of Singapore in times of crisis”, ie to “mount a...
Singapore By 2050
From 2000 onwards, I saw the strategies of PAPpy and told many locals about them importing foreigners to increase the population to boost GDP and keep wages low, no one believed my words. But during those days, life was good, Singapore wasn't this congested and majority of us were enjoying good life still. Every GE, they...
Did Pension Fund increase by $1.8 billion since 2004 to enrich PAP elites?
The pension scheme for most civil servants was scrapped more than 30 years ago. Strangely, the PAP government retained the scheme for MPs (till 1995) as well as thousands of PAP elites. After the loss of a GRC in 2011, PAP was forced to review this self-enrichment scheme, putting an end to it in 2012. With an increasing...
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