9/23/2014

Yang Yin’s case has proven CPF policies are right

Say what you want, look at it this way, Yang Yin has proven that it is right to assume that those above 55 years, or in the particular case above 80, cannot be trusted with their money. Just a bit of give and take, maybe 65 or 75 years would be just right. The second point that has been proven is that it is not only the men that cannot be trusted with their money. No need to go to Batam or Bintan. They can fly here from China or anywhere to take good care of our oldies … money.
 

Come to think of it, there is a lot of wisdom in the govt’s policies on the CPF. Give the govt a Tiger. Whatever came out with this idea deserves a good bonus. Keep them tight, don’t let the oldies have a free hand in their money. They would squander it, if not will be cheated of it. Some will get dementia through no fault of theirs and lose their money too.
 

It is action time. How to protect the rich oldies from losing their monies or being cheated of their monies? Should they be sent to a holiday camp for oldies so that they will not be in harm’s way? Should their money be put in a trust of sort and then a stipend be given to them ala the CPF formula? If there is a need to protect the oldies from losing their CPF monies which in most cases are less than a peanut, the multi million dollar assets and cash of these oldies demand more attention to keep the huge sums of money safe and sound, and to keep the poachers and looters away.
 

What do you think? Tiok boh?

Kopi Level - Green

21 comments:

Anonymous said...


Very sure that there are many
more "yang yin" type of cases
in this small city state with different scenarios.

Do you know why? THINK!

Anonymous said...

Time has proven it is the oldies who are more prudent with their money. Of course, some are misled by their children into parting with their money, out of parental love or otherwise. There are many factors.

But to equate the misdeeds of a few who lost their money to gambling or mei meis is just using that as a justification to keep as much of Singaporean's CPF money as possible. They never look at the other side of the coin. Did they build the casinos to cement their case for keeping the CPF money? They just make the statistics alarming, but they are stoking the gambling habit with so much easy and convenient access to all forms of 'legalised'
gambling.

Anonymous said...

The statistics are not alarming. It is the people that went hysterical to make a case out of no case so that they can keep your money.

Veritas said...

CPF is the biggest Yang Yin.

Anonymous said...

Would be interesting to know who recommended him to be a grassroot leader, and to serve in PM's GRC.

He knew who really matters. Did he got help or he just walked into AMK GRC and was warmly embraced?

Anonymous said...

You are making wild assumptions and very rude.

Anonymous said...

So... stop the hong lim park shits

Unless u r a desperate old man looking for orals

Papigs know best, love u, care for dafts

Leemember... vote 4 papigs, 60.1% know best, follow the majority

Veritas said...

You are making wild assumptions and very rude. Go do your homework.

丈夫照顾富婆5年,为富婆与她分房睡。 Yang Yin and wife sleep separately in rich widow house.

杨寅在富婆面前,把妻子说成是朋友 Yang Yin lied that his wife is "friend".

So what does it show?

Anonymous said...

What if the government also another Yang Yin and we only know it until PAP become opposition party?

Anonymous said...

On the same note, it also proved that PAP anyhow recruit people into their grassroot camp.

Anonymous said...

Piss lah...

PA is not papigs... according to the autholeety.

PA is not a political entity per se, but it's understandable that daft dun understand...

Anonymous said...

Yang Yin must be losing his face with his picture all over the media. The face of someone who fucks an 87 year old woman. Hahahahahahah! I think the old woman made sure Yang Yin had to do more than intercourse. Yang Yin must be thinking never mind I do all this as long as I get $40 million. But now he won't be getting the $40 million. All he would get would be publicity that he fucked an 87 year old woman for a few years, with his wife and kid under the same roof with his wife's knowledge. PRCs really got no morals and no values.

oldhorse42 said...

The Lasting Power of Attorney is a legal document designed to protect people with diminished mental capacity to appoint one or more person to make decision for them.
The talented China man from Hangzhou with no legal traning is able to circumvent the supposedly strict requirements of the lasting power of attorney crafted by the best minds of Office of the Public Guardian and enrich himself at the expense of the rich but senile widow.
The Office of the Public Guardian have lets its guard down!

b said...

"PRCs really got no morals and no values."

- Actually many papists are like Yang Yin. Majority of sinkies are also like Yang Yin. They will resort to anything to enrich themselves.

Anonymous said...

In the end Singaporeans will be left wondering who cheated them.

Is it the protector who acquired, by stealth, the legal rights to keep all the money?

Some day, into the future, we will find out. But it will not be a case of better late than never. It will be too late to matter.

Anonymous said...

With the LPA, Yang Yin can do anything legally to look after Chung's wealth.

Anonymous said...

If, as claimed by some commenters here, that Yang Yin had gotten to the $40 millions for been sexually intimate with the Old Lady, he deserves every cent of the $40 millions. HE HAS WORKED FOR IT AND EARNED THE MONEY.

Anonymous said...

Rb // If there is a need to protect the oldies from losing their CPF monies which in most cases are less than a peanut, the multi million dollar assets and cash of these oldies demand more attention to keep the huge sums of money safe and sound, and to keep the poachers and looters away. //


Rb, pls be more specific ........

What assets YEW talking about?

There are many type of assets in a person ......

For a lady, even herself as a person is an asset ...... if YEW are a man and YEW know what it means unless the man is not a "man" ......

So, how do YEW protect the assets of a woman from potential "looters, poachers, sooters, oops, should be rapists, molesters, cheaters, scammers, " etc?

Anonymous said...

So RB, if the logic to hold back and lock up, oops, should be "protect" oldies' CPF savings holds true, then a woman's assets also need to be "protected" and "locked up "?

Anonymous said...

Rb, can YEW write in and suggest to your poster boy ministar to not just look at locking up, oops, "protecting" oldies CPF, the other assets of a woman also need "locked up and protected "?

So that lonely man and woman would not fall pray to scammers if the logic of locking up, oops, "protecting" CPF is supposed to make sense?

But based on track record of all these $$$$$$$$$ -faced Hsien Tao, Char Tao, Char Loong, Bor Lee YEW, 管YOU,is there any value in a woman's other assets?

What?

Did YEW say those other assets cannot be used as "gambling chips "?

No "$$$$$$$$" value?

So no need "chastity belt " to " lock up and protect " such assets?

Wah!

Rb, this garment jing jiat liat?

Everything $$$$$$$$ faced........?

Chua Chin Leng蔡镇龍 aka redbean said...

Ya I forgot about chastity belts for oldies.