Minister Grace Foo still blowing up ‘test balloon’, Sylvia Lim should not apologise
Minister after minister has requested for an apology from WP MP Sylvia Lim. She shouldn’t apologise. Did PAP float “test balloons” on the need to raise the GST? Many Singaporeans share her view. The latest minister to intimidate Sylvia is House Leader Grace Fu. But Grace is merely supporting her PAP cabinet...
Investment returns to supplement revenue: A PAP left to right pocket transaction?
Since 2000, about $108 billion in returns on our reserves (NIRC) have been used to supplement government revenue (image below). Although NIRC is supposed to benefit citizens, the reality is a high percentage of this ultimately find its way back to GIC via CPF contributions or funds set up by PAP under many different names. Excluding...
Why cabinet can’t do bold new ideas
And why ministers can only talk cock sing song, repeating mantras or clichés about Hard Truths: think about the comments about GST and the reserves. Last Saturday, I read in the FT “By appointing people with like minds but with a wide range of professional backgrounds . . . we can discuss things with an open mind...
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