CPF members ripped off by ‘Con People Fund’ decades ago – Part 1
The CPF scheme has been abused by PAP for decades. A few years before CPF was used to fund public housing, long-term CPF rates were higher than 12-month deposit rates (image below). As they should be. But after the Public Housing Scheme was introduced in 1968, PAP began to depress long-term CPF rates. From 1968 to 1981, 12-month...
PAP planning all no pakai one la
Singaporeans who continue to have blind faith in PAP’s planning should read up a little and will soon understand why our infrastructure will continue to fall apart. 17 years ago, the projected population between 2041 and 2051 was only 5.5 million. And according to PAP’s plan, 1.8 million homes will be needed, ie an additional...
FTA with Sri Lanka – Another CECA disaster for Singaporean PMETs?
The Straits Times today (22 Jan) reported that Singapore will be signing a free trade agreement (FTA) with Sri Lanka tomorrow. The signing will be witnessed by PM Lee and his host, Sri Lanka President Maithripala Sirisena. PM Lee will arrive in Colombo today for a 3-day official visit to Sri Lanka. The details of the FTA...
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