tag:blogger.com,1999:blog-17473688.post8689215772923197737..comments2024-03-29T14:28:43.377+08:00Comments on My Singapore News: Who the f@#% does he think he is?Chua Chin Leng aka redbeanhttp://www.blogger.com/profile/11743716923635835397noreply@blogger.comBlogger24125tag:blogger.com,1999:blog-17473688.post-56785299852024728472010-03-16T09:17:38.184+08:002010-03-16T09:17:38.184+08:00The kings and emperors used to con the people with...The kings and emperors used to con the people with the concept of sons of heaven or mandate of heaven. Then the Europeans dashed this myth with democracy, that everyone is equal and no one has blue blood.<br /><br />This is one great contribution from the west. Of course the rulers will keep insisting that they deserved the right to rule over their mindless subjects.<br /><br />And if they can&#Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-66350509726347856912010-03-16T01:01:57.228+08:002010-03-16T01:01:57.228+08:00Whoever is not fearful of SIN can remain. Those wh...Whoever is not fearful of SIN can remain. Those who fear, me says it again, cash out and leaves SIN.<br />If one gets foreign citizenship, he/she gets to get his/her CPF in full to spend.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-54514436264266173182010-03-14T18:00:20.856+08:002010-03-14T18:00:20.856+08:00Are you sure about that?
Then how would you expla...Are you sure about that?<br /><br />Then how would you explain religious beliefs? These are beliefs based on medieval superstitions -- models of the world and reality, and the explanatios of "causality" -- god or the devil or ghosts did it. None of the claims for the basis of these beliefs -- i.e. belief in the supernatural -- has yet bee proven or is likely to be proven.<br /><br />YetⓂatilah $ingapura⚠️https://www.blogger.com/profile/02652498247201967379noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-60625832178470670422010-03-14T11:48:30.007+08:002010-03-14T11:48:30.007+08:00You cannot hide the truth for too long. Neither ca...You cannot hide the truth for too long. Neither can one deceive everyone for too long.Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-68426061881225022352010-03-13T14:39:35.237+08:002010-03-13T14:39:35.237+08:00The question of "ownership" is a strange...The question of "ownership" is a strange one. Like many other govt-edicted arbitrary constructs, the question of whether the money you contribute to CPF is "yours" in the objective sense actually changes.<br /><br />As long as you remain a Singapore citizen, that money supposedly in your name (in name <i>only</i>) is never yours as the govt decides how to use it and whether orⓂatilah $ingapura⚠️https://www.blogger.com/profile/02652498247201967379noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-62346995823638082052010-03-13T14:34:06.871+08:002010-03-13T14:34:06.871+08:00Taking up a point further from Ghost of 1984's...Taking up a point further from Ghost of 1984's comments, on hindsight, I think it would have been better if we had agreed to their proposal of just raising the withdrawal age. <br /><br />This is because there is still a ghost (no pun intended) of a chance of having a lump sum of money withdrawn, without the introduction of the minimum sum. Of course that is assuming they left everything elseAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-31412008283313314092010-03-13T11:53:04.280+08:002010-03-13T11:53:04.280+08:00Really? Do you think there'll be a difference?...Really? Do you think there'll be a difference?<br /><br />Let's say one of so-called "opposition" parties gets in. It'll be even worse. These guys are socialist to the core -- they think it is the govt's "duty" to help those who (apparently) need some form of "help". These are collectivists who are no less power hungry than the incumbents.<br /><br />Ⓜatilah $ingapura⚠️https://www.blogger.com/profile/02652498247201967379noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-23026151683494307222010-03-13T10:29:09.481+08:002010-03-13T10:29:09.481+08:00We will see how the next GE works out.We will see how the next GE works out.Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-56437125801879372522010-03-12T17:14:50.423+08:002010-03-12T17:14:50.423+08:00The PAP would do well to remember 1984.
From the ...The PAP would do well to remember 1984.<br /><br />From the Wikipedia entry on Howe Yoon Chong - "<br /><br />Howe relinquished his defence post to become the Minister for Health from 1982 to 1984. There, Howe became best remembered by Singaporeans for his controversial proposal in 1984 to raise the age for the withdrawal of Central Provident Fund (CPF) savings from 55 to 60 years. At a newsGhost of 1984noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-58368984940348019522010-03-12T16:50:07.073+08:002010-03-12T16:50:07.073+08:00redbean:
> Even then, must not let go. Must s...redbean:<br /><br /><i> > Even then, must not let go. Must still kpkb about it < </i><br /><br />I agree. But on my point about argument: you can't argue into reality what doesn't exist.<br /><br />Therefore the argument should proceed in the direction which makes the state the <i>manager</i> of CPF where the ownership of funds is <i> not in dispute</i>.<br /><br />Actually the PAP&Ⓜatilah $ingapura⚠️https://www.blogger.com/profile/02652498247201967379noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-33126726108729740822010-03-12T16:29:36.631+08:002010-03-12T16:29:36.631+08:00Matilah, you have repeated this many times and I h...Matilah, you have repeated this many times and I hate to agree with you. But I think I have to.<br /><br />Even then, must not let go. Must still kpkb about it. Not registering ownership is to give away by default.<br /><br />Maybe a new govt will return it to us. You may call it day dreaming.Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-49029582941321778092010-03-12T16:23:07.689+08:002010-03-12T16:23:07.689+08:00redbean,
It is not "your money". The mo...redbean,<br /><br />It is not "your money". The moment it was taken from you (by force) it ceased to become "your money".<br /><br />So stop thinking that it is and basing your arguments on "ownership".<br /><br />Arguments are only valid if your originating premises are valid. i.e. you can't argue something if it hasn't been argued "into reality" Ⓜatilah $ingapura⚠️https://www.blogger.com/profile/02652498247201967379noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-35701547701129159802010-03-12T16:23:04.389+08:002010-03-12T16:23:04.389+08:00In the early days, CPF is looked upon as the peopl...In the early days, CPF is looked upon as the people's savings, looked after by the Government until they need it for old age.<br /><br />Now CPF is as good as belonging to the regime and not the people's money anymore. It is up to them to do as they like and hold back as long as they like, and the people have no say, no choice, no recourse and certainly would qualify as a violation of Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-55102503569782091812010-03-12T16:13:50.901+08:002010-03-12T16:13:50.901+08:00People who prey on other people's hard earned ...People who prey on other people's hard earned money under whatever excuses is like what the hokien saying, 'chet ark'.<br /><br />If they take people's money and invest here, there and everywhere, make money and return, nothing to say. If they go and lose all the money, the investment scene is full of sharks and conmen, and cannot return, believe me, your karma is calling.<br /><Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-36094015337131148532010-03-12T14:33:30.887+08:002010-03-12T14:33:30.887+08:00Those who purposely left more money in RA instead ...Those who purposely left more money in RA instead of withdrawing all at 55, too bad. No escape from their clutches now. <br /><br />I always believe that if you have money in CPF, never take chances, just take out all at 55, because they have been changing the rules at their whims and fancies. <br /><br />Thank God I have been able to muster returns just as good as leaving them in RA. No regrets.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-18837598021680062222010-03-12T14:29:11.601+08:002010-03-12T14:29:11.601+08:00Someone must tell him "CPF savings your grand...Someone must tell him "CPF savings your grandfather's money!"Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-35081208604671653312010-03-12T14:20:07.331+08:002010-03-12T14:20:07.331+08:00Hi Mmmm Zhai See, welcome to the blog.
If the pro...Hi Mmmm Zhai See, welcome to the blog.<br /><br />If the product is worthy of what it is and of value, there is no need for compulsion.<br /><br />Great Eastern and Aviva should also offer alternative insurance schemes and demand to be part of the compulsion syndicate.Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-21054560284149716852010-03-12T14:14:08.939+08:002010-03-12T14:14:08.939+08:00Sounds like they are really desperate, since they ...Sounds like they are really desperate, since they got only 37,000 signing up. That's only about 5% out of the 750,000 letters of invitation sent out earlier. <br /><br />They really needed cash to finance their forays eg the Prudential/AIA deal, so not surprising that this is happening, because this is the cheapest source of funds to tap. <br /><br />Don't be surprised to learn that one Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-38881984667829931922010-03-12T13:27:55.149+08:002010-03-12T13:27:55.149+08:00nothing short of Asset confiscation to cover the f...nothing short of Asset confiscation to cover the fact that they cannot return our retirement money because hundreds of billions of our money evaporated overnight by Giants In Conning and Tomfoolery Holdings!Mmm Zhai Seenoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-51750977721046520852010-03-12T12:19:42.305+08:002010-03-12T12:19:42.305+08:00First its borrowing from CPF.
Now its plundering ...First its borrowing from CPF.<br /><br />Now its plundering CPF.<br /><br />The blood have been sucked - now going for the bones.<br /><br />The One plus billion collected so far would hardly cover the loss in Styvesant Town if you factor in admin, legal cost and exchange rates and opportunity costs.<br /><br />Do Singaporeans deserve this from a 1st World Government.JeffGohnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-19765467492008149022010-03-12T12:14:11.671+08:002010-03-12T12:14:11.671+08:00"Why should the people be forced to buy insur..."Why should the people be forced to buy insurance from the govt?"<br /><br />It's being done for your own good. Not everyone is like you, careful with your finances. The Ah Peks will either splurge their windfall at the casino, the turf club or the China whores.<br /><br />The Lao auntie will pay top dollars to dubious fly by night slimming and beauty saloons to transform them into Wally Buffethttps://www.blogger.com/profile/15310530661689310446noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-55174972065553354542010-03-12T12:09:00.150+08:002010-03-12T12:09:00.150+08:00Why should the people be forced to buy insurance f...Why should the people be forced to buy insurance from the govt?<br /><br />See anything wrong with that?<br /><br />Selling compulsory insurance products to captive unwilling buyers.Chua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-26666913514984589272010-03-12T11:29:55.133+08:002010-03-12T11:29:55.133+08:00For most who are above average in managing their f...For most who are above average in managing their fund/finances, this seems like a reasonably good move.<br /><br />For a Buffet, this is definitely the right move....Tsk! Tsk!Robert Tannoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-11525807646748153822010-03-12T11:18:50.771+08:002010-03-12T11:18:50.771+08:00Hehe,
I am so glad to be old.
I withdrew all my...Hehe,<br /><br />I am so glad to be old. <br /><br />I withdrew all my monies as allowed. Instead of signing up for CPF life, I opted to have what is left in the Retirement account returned to me in monthly installments instead of CPF Life. To their credit, there was NO hard sale by CPF staff to entice me to do the CPF Life. Not much but it pays some of the bills for a long time. <br /><br />Wally Buffethttps://www.blogger.com/profile/15310530661689310446noreply@blogger.com