I am dreaming that one day a govt will be elected and say 'Here is your CPF money. You can take it back at 55.' And the govt is setting up a retirement fund from its surpluses/reserve to provide for the needy above 65 years old. Not every 65 year old will depend on the govt for financial assistance.
Now that will be the day.
Redbean, have you been having a drop too much lately?
ReplyDeleteThough it may sound far fetched, that is the right thing to do. That would be a bold move to show the country's basic obligations to its citizens in the most inexpensive way.
ReplyDeletewhy do you think people enjoy getting tipsy or going high on drugs? just to let their imaginations go wild.
ReplyDeletei am having a bit too much of coconut milk.
It will be lucky for those oldies if they can actually get some of their dough at 65.
ReplyDeleteIn time the age will be so high (70-80) it won't be worth worrying about. Damnit, just when you need the money—YOUR money—the govt robbers won't let you have it. So how?
You can't even sell your body for sex, because you're old, sagging and wrinkled—definitely characteristics which decrease your marketability :-) haha. Some of the women would be missing a tit or two—having them slashed off during an encounter with breast cancer. Good God, you are old and actually have money, but you can't touch it.
Oh well, there is no shortage of human stupidity in the universe. Some people will choose to believe whatever makes them feel "secure", even if that belief is totally wrong. And when the shit hits the fan, too late—can't turn back the hands of time. (which is good for those who make RIGHT decisions)
CPF is a tax, which funds a govt run, legalised pyramid scheme.
The private sector does a far better job than the state ever can hope to: Personal Insurance Policies.
Ang dao, mai lao sai arh!!!
ReplyDeleteRed bean, don't get the runs arh!!!
Yrs truly,
Anonymous
coconut milk with redbean soup, great concoction. no lao sai one.
ReplyDeleteThen don't chua sai. :P
ReplyDeleteYrs truly,
Anonymous