How PAP abused the CPF scheme, rewarded themselves with humongous salaries
The minute PAP allowed CPF to be used for property was the moment that PAP destroyed the future capability of CPF to be adequate for retirement. If PAP hadn’t abused CPF usage, it would have prevented the sky high inflation in property prices & hence the sky high costs of living today. 4-rm flats will only cost 2X-3X...
Did MOF Press Secretary lie about our failed CPF scheme?
In “Plain speech also about telling the hard truth“, MOF Press Secretary Lim Yuin Chien claimed that one of the “hard truths” about Singapore is our “Central Provident Fund scheme is adequate for most Singaporeans“. However, Lim did not provide any statistics and if senior civil servants like Lim did not bury his head...
Netizens upset that Singapore agrees to bear costs of stay for North Korean leader Kim Jong Un
According to a report by the Washington Post on Saturday (2 Jun), the meeting between American President Donald Trump and North Korean leader Kim Jong Un in Singapore has presented several logistical concerns, key of which was on “Who's going to pay for Kim Jong Un's hotel stay”? The reported noted that the cash-poor but...
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