Deep Malaise Under The PAP!
This afternoon, my phone has been going off constantly with endless messages from friends and acquaintances from all walks of life, alerting me to the blackouts this afternoon in some parts of Singapore. The common thread in all these messages is that things are no longer working in Singapore and that all these breakdowns which...
Jialat for economy, PAP/ Voters will get back more of their money
China’s lunar new year spending growth slowest since 2005 Consumption ebbs as weakening economy hits sentiment and fuels worries over retail sales Headline of FT article today China’s economic growth could slow to the weakest level on record (since records began in the early1990s)in the first quarter, reported the Economic...
Bad practice to set up many separate funds
I dislike the practice of setting up separate funds for special purposes. The latest is the Merdeka Generation Fund. I do not know if separate funds were set up in the past for Edusave, Skills Future, Pioneer Generation, etc. Why do I object to this practice? A separate fund may give the impression that it is self controlling....
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