Taxman Heng is neither Santa Claus nor Robin Hood
Speaking of the upcoming Budget earlier this week, Heng Swee Keat tried his best to temper expectations, saying he is neither Santa Claus giving out goodies nor Robin Hood doing great things. But something has to give, and someone has to do the taking. It looks like Singaporeans are bearing the brunt of it. Already we know for...
Connecting SMRT failures, 4th gen ministers & change of PM
This headline All EWL stations to see early closures, late openings on weekends and select weekdays in March (CNA) reminded me of the failure of the PAP administration to ensure that the trains run on time*. I mean even that incompetent World War II dictator, Mussolini, ensured that Italian trains ran on time. This failure is...
CPF members ripped off by ‘Con People Fund’ decades ago – Part 2
In an earlier post, I highlighted how PAP had scammed CPF members by depressing CPF interest rate to below the 12-month FD rate of commercial banks more than 4 decades ago. Of course that wasn’t the only time we were scammed and there’s more evidence of daylight robbery. From 1988 to 2007, CPF rates were depressed to below...
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