10/05/2007

Notable quotes - LKY

On CPF money 'And if anybody thinks he can do better, he's welcome to take his money and go to a fund manager and try and do better.' Lee Kuan Yew.

6 comments:

Anonymous said...

I guess there will be a rush to do just that. Please do not get yourself killed or injured in the rush Redbean.

Anonymous said...

I want to take my money out, but he keep shifting the goal post.
He is not true to his words.....
This man speaks with fork tongue.

redbean said...

i won't rush for it. i just want to take it out and be given the option to choose to put back in at 5% interest.

the feeling of being free to make your own choices instead of compulsion beats anything.

Anonymous said...

Take out your money and put it in a FD in UK @6.7%, tax-free if you are non-resident.

Anonymous said...

Take out your money and put it in a FD in UK @6.7%, tax-free if you are non-resident.

Matilah_Singapura said...

I don't believe a word he says.

And no one challenged him by saying something like,

"Please sir, if it it is really our money, how come you make the rules?"

Not everyone wants "to find a fund manager". There will be people who need to or want to spend the money RIGHT NOW for there own personal reasons.

If the money was really theirs to begin with, this would be in keeping with the idea that they could do what they choose with their own property.