GIC retained $61.5 billion of CPF members’ returns during last 2 decades
Over the years, PAP has become more brazen and has retained increasing BILLIONS in CPF returns to supplement the budget. Although GIC’s long term returns are about 6%, about 2.5% is confiscated by the government annually for a non-existent CPF guarantee. As a result, tens of billion$ have been lost by CPF members. Some context: From...
A perspective of the Elected President scheme
Dr Tan Cheng Bock The spectre of Dr Tan Cheng Bock being elected President in the next Presidential Election had been haunting a diffident PM Lee Hsien Loong and his drolling Cabinet for a long time after the last EP election in 2011 when Dr Tony Tan won by a miniscule 35.2 % with the PAP fearing and declining a run-off. Dr...
Hard Truths on connecting with the 70%
Activists (anti-PAP, Oppo, alternative views or social) must realise or be aware that — The 70% (especially the swing voter, 35% of the voters ) know what they are doing when they vote for the PAP; and — that some anti-PAP, alternative etc views are more equal than others i.e. the cybernuts must not be given the space...
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