tag:blogger.com,1999:blog-17473688.post2531215259742895218..comments2024-03-28T17:31:22.152+08:00Comments on My Singapore News: CPF Minimum Sum raisedChua Chin Leng aka redbeanhttp://www.blogger.com/profile/11743716923635835397noreply@blogger.comBlogger25125tag:blogger.com,1999:blog-17473688.post-47937997989855609472012-06-07T21:59:01.784+08:002012-06-07T21:59:01.784+08:00Got cheem?Got cheem?Ⓜatilah $ingapura⚠️https://www.blogger.com/profile/02652498247201967379noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-66565764822014790772012-06-07T16:31:45.462+08:002012-06-07T16:31:45.462+08:00Opinions which are not truthful by its own admissi...Opinions which are not truthful by its own admission and are shrouded with generalisation and nothing else, are deceptive at best. At worst, it serves to mislead the masses and, inevitably, is a waste of everyone's time.<br /><br />Got substance ? :)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-47172620643497838622012-06-07T13:25:35.810+08:002012-06-07T13:25:35.810+08:00@anon 1012:
You've got one thing right: it is...@anon 1012:<br /><br />You've got one thing right: it is "my opinion". I don't make truth claims, and I prefer generalisations than specifics.<br /><br />I don't have a "gag order", and even if I did, lie hell I'm going to reveal it ;-)<br /><br />Got emigration?Ⓜatilah $ingapura⚠️https://www.blogger.com/profile/02652498247201967379noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-89056857297936356882012-06-06T22:12:42.649+08:002012-06-06T22:12:42.649+08:00" IMO, Balding is incorrect about insolvency...." IMO, Balding is incorrect about insolvency....."<br /><br />Wow, am I glad that in yr opinion Balding is wrong abt the insolvency ! Can sleep better in the night then.<br /><br />But then again, "in yr opinion" , which part of his calculations and figures were incorrect. Pray tell and share please. No point in making simple general statement like that without stating your Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-21445714388159222232012-06-06T19:41:45.747+08:002012-06-06T19:41:45.747+08:00IMO, Balding is incorrect about insolvency. Your G...IMO, Balding is incorrect about insolvency. Your Great Leaders will never allow that to happen, or again IMO if it does, they won't tell you :-)<br /><br />What will happen, and is happening, is that they'll make it increasingly difficult for you to redeem "your" money.<br /><br />So you might as well let go right now, get on with your life and go out and make a success of Ⓜatilah $ingapura⚠️https://www.blogger.com/profile/02652498247201967379noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-77319340503417668372012-06-06T18:01:13.453+08:002012-06-06T18:01:13.453+08:00I was an ex pro PAP supporter all my working life....I was an ex pro PAP supporter all my working life. <br /><br />We are not totally blind to recognise the good that a govt is doing for the country and especially for the people too. We give credits when it is due.<br /><br />But I stopped being a supporter roughly abt 10 years back when the idea of a Singapore Inc was first being broached then.<br /><br />Theres really no way to run a country as Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-71221191387293447842012-06-06T17:24:46.372+08:002012-06-06T17:24:46.372+08:00Sinkies are so dull and daft that they did not eve...Sinkies are so dull and daft that they did not even want to think about their hardearned money for fear of know how perilous it is. They deserved to be scammed if that day comes.<br /><br />And the govt is never benevolent as far as CPF is concerned as it is the people's money not handouts from the govt. The irony is that the govt is the real beneficiary and should be thankful to the people Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-64026265106080635012012-06-06T17:03:23.093+08:002012-06-06T17:03:23.093+08:00If the CPF fund even stood a 0.00000001 % of going...If the CPF fund even stood a 0.00000001 % of going insolvent, then thats so much more the reason why it sudnt be made mandatory by Law. It should be an opt-in thing for those who are willing to take that risk. Then should it goes broke, no one can then blame any one at all coz its their own choice to join the scheme. <br /><br />But as it is now, all Singaporeans are being forced to take this &Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-12770103573515921682012-06-06T16:14:05.842+08:002012-06-06T16:14:05.842+08:00They already foresee that the CPF could be insolve...They already foresee that the CPF could be insolvent and already passed the bill to protect their backside.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-53320895337580618222012-06-06T16:11:44.326+08:002012-06-06T16:11:44.326+08:00The gullible 60% and the diehards just do not want...The gullible 60% and the diehards just do not want to know and pray and hope that nothing will happen to their money.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-24934554612927299752012-06-06T16:07:56.154+08:002012-06-06T16:07:56.154+08:00Interestingly, the Christopher Balding's blog ...Interestingly, the Christopher Balding's blog has been suspended already.........Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-2938910690353829082012-06-06T16:02:28.485+08:002012-06-06T16:02:28.485+08:00Wonder how many of you guys here have read the blo...Wonder how many of you guys here have read the blog of Christopher Balding, an American economic professor based in China.<br /><br />He had raised some very valid (and frightening) points regarding the actual reserves that Sg has as of today. <br /><br />From his calculations taken from Statistics fm the govt records itself and the Budget papers of the last 2 years, it seems that all the Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-61317769073894554712012-06-06T08:35:29.567+08:002012-06-06T08:35:29.567+08:00Hi Anon, no problem. Just deleted some repetitions...Hi Anon, no problem. Just deleted some repetitions.<br /><br />How can anyone paid so much mismanaged our life savings? No one is asking them to take high and unnecessary risks with our hardearned money. <br /><br />They got the cheek to pass such an amendment and claim that they should be rewarded with out of this world salaries.<br /><br />When power got into their heads, they think they owned Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-91411959835778912722012-06-06T02:56:10.854+08:002012-06-06T02:56:10.854+08:00...Oooopppsss...sori abt the multi-postings. 1st t......Oooopppsss...sori abt the multi-postings. 1st time posting here, not sure how to post comment in proper manner yet.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-20526855999142734092012-06-06T02:50:49.652+08:002012-06-06T02:50:49.652+08:00There's something abt the CPF LIFE annuity mth...There's something abt the CPF LIFE annuity mthly payout after age 62, that I think most Singaporeans are not aware of.<br /><br />Its bad enough that you are forced to have such a huge amt of yr monies locked in yr CPF at age 55, and are able to access only a pathetic mthly payment thru CFP LIFE annuity plan at retirement age (currently is 62 of age), but do you know that :<br /><br />1. In Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-64696715903901603532012-06-01T09:49:26.363+08:002012-06-01T09:49:26.363+08:00First they came for the Communists And I did not s...First they came for the Communists And I did not speak out Because I was not a Communist Then they came for the Socialists And I did not speak out Because I was not a Socialist Then they came for the trade unionists And I did not speak out Because I was not a trade unionist Then they came for the Jews And I did not speak out Because I was not a Jew Then they came for my CPF And there was no one Padalyhttps://www.blogger.com/profile/16254219238193360811noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-56030382097995353472012-05-31T20:00:53.286+08:002012-05-31T20:00:53.286+08:00Too late to regret!
Those 60% who voted for them...Too late to regret! <br /><br />Those 60% who voted for them continuosly have no cause to complain. They deserve what is coming to them.<br /><br />The fear is that, even with a change in Government, the CPF may be just an empty shell with no money left. Just like some of the pension funds in the US and Europe.<br /><br />Then, Singaporeans will have no tears to cry with.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-85542959302476045272012-05-31T14:56:34.663+08:002012-05-31T14:56:34.663+08:00At this rate of minimum sum hike of 6++% a year, 3...At this rate of minimum sum hike of 6++% a year, 30 years later when you retire, your minimum sum is fucking SGD$815, 000. Forget about CPF, those monies are forget idiots like Tony Tan and Ho Ching to gamble in Wall Street so that they get orgasm everyday.<br /><br /><br />Assuming you start work now at 25 years old earning and your salary stagnant (as per PAP's design) for next 30 years, Veritashttps://www.blogger.com/profile/00269626703466474028noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-69842674411541894952012-05-31T13:23:57.735+08:002012-05-31T13:23:57.735+08:00How long can the ponzi game last? Europe is implod...How long can the ponzi game last? Europe is imploding like dominoes. This Domino Theory that failed to materialised in Asia is going to work extremely well in Europe and sweep across the world like a plague. <br /><br />Many unproductive jobs will be lost, like those in the banking and finance industry and the banksters with all the big mortgages will be the new subprime in the financial centres.Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-9900304950512709572012-05-31T13:17:56.395+08:002012-05-31T13:17:56.395+08:00China's economy -- contracting.
And now, Indi...China's economy -- contracting.<br /><br />And now, <a href="http://article.wn.com/view/2012/05/30/India_s_Economy_Slows_With_Global_Implications/" rel="nofollow">India</a><br /><br />The big killer is inflation. Caused by printing more fiat money, and given a velocity boost by FRB (fractional reserve banking).<br /><br />e.g. say print money 10%. FRB -- reserve ratio 1:10. Like magic...now Ⓜatilah $ingapura⚠️https://www.blogger.com/profile/02652498247201967379noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-66542897757560364482012-05-31T13:11:26.591+08:002012-05-31T13:11:26.591+08:00There is no evil regime here. Everyone is so angel...There is no evil regime here. Everyone is so angelic that you can see the halo over his head if you look carefully.<br /><br />The people are so contented that their hundreds of thousands of dollars be kept from them would not make any difference. They actually love it and asking for more to help themselves with their money.<br /><br />Think they knew its gone and nothing they can do about it. Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-55806180123041286342012-05-31T12:58:43.067+08:002012-05-31T12:58:43.067+08:00I keep telling you time and again you won't ge...I keep telling you time and again you won't get "your" money, because the money is not OBJECTIVELY yours.<br /><br /><a href="http://2.bp.blogspot.com/_DqSfQX8RQ5w/S9zyAs45RkI/AAAAAAAAA6k/9S9xvB2Vz4c/s1600/nyah+nyah.jpg" rel="nofollow">Nyah nyah nyah nyah nyah! </a><br /><br />Got Ponzi?Ⓜatilah $ingapura⚠️https://www.blogger.com/profile/02652498247201967379noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-16624602701724440052012-05-31T12:34:40.818+08:002012-05-31T12:34:40.818+08:00"Villagers will unite to hunt and destroy the..."Villagers will unite to hunt and destroy the maneating tigers, lions and crocodiles,", unquote.<br /><br />There is no more villagers in Sinkie Land, all are transformed to automatons. 60% are programmed to the CPU of the Regime, majority of the remaining 40% are waiting for the 60% to change side; likely a futile and hopeless anticipation.<br /><br />Like it or not, Sinkies have no patriothttps://www.blogger.com/profile/02012654183813005452noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-61707629133259521572012-05-31T12:19:28.136+08:002012-05-31T12:19:28.136+08:00Still don't believe that the CPF is the bigges...Still don't believe that the CPF is the biggest <a href="http://christopherbalding.com/2012/05/10/the-mess-that-is-singapore-part-ii-explaining-the-role-of-the-cpf/" rel="nofollow">PONZI</a> ever?<br /><br />SaycheeseAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-67847652801967991582012-05-31T11:57:00.565+08:002012-05-31T11:57:00.565+08:00When tigers, lions and crocodiles turn maneaters t...When tigers, lions and crocodiles turn maneaters they are hunted and destroyed. Who will destroy the greatest and most insatiated evil maneater in Singapore that is devouring the people's savings. Villagers will unite to hunt and destroy the maneating tigers, lions and crocodiles. But Singaporeans are resigned to their fate of being unable to protect themselves against this most evil and mostAnonymousnoreply@blogger.com