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2/14/2007

the 6.5 million paradox

The 6.5 million paradox What is the relationship between a citizen and a country? Theoretically, the citizens own the country. We, the citizens, not all locals by the way, own this little piece of real estate and everything that we have not sold to private ownership. We, the citizens, not all locals, are part owners of all the monetary wealth of this country. At the moment, with about 2.5 million citizens, each of our share of this real estate and all the reserves and investments is 1/2.5 million. Do we then have a say if this real estate and reserves and investment are going to be divided by 4 or 6 million? Our representative system of govt means the election of ordinary citizens to form the govt to look after our welfare and real estate and national coffer. If our elected representatives said they are going to share our real estate and national wealth with foreigners who are accepted as Singaporeans, do they need to ask for our consent? This is like planning the use of our CPF money or our salaries.

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