How wealthier CPF members kena scammed but loving every moment of it
The PAP government has always tried to avoid spending a single cent on citizens through all sorts of scams. The most well known scams are of course selling HDB leases which include land price and creaming off returns from CPF investments. A lot of ‘subsidies’ and ‘grants’ are in fact citizens’ money from these scams. Because...
Control of CPF members’ money allows PAP to exert control over ordinary citizens’ lives
Singaporeans are able to empower ourselves but most prefer to be enslaved by PAP. PAP controls the population through control of the media, security forces and state finance (including CPF and land). One way to break PAP’s control is to become aware of its abuse and do the “right” thing. Why supposedly well-educated Singaporeans...
CPF Board escalating efforts to trap more retirees’ savings, members beware
Every initiative taken by CPF Board is never to address the issue of retirement shortfall. Instead, it invites members to top up our accounts or delay withdrawal. So, how much does GIC need to cover investment losses? $10 billion? $100 billion? Any person with half a brain would know something is terribly amiss. According to...
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