help yourself

'Whether it is a charity or even among companies, from time to time you would have a case that comes up with someone who helps himself to the money. Ultimately, you're dealing with the vulnerability of the human weakness to temptation.' Gerard Ee Now this is a profound statement from the Chairman of the new NKF. I have been pondering over it again and again and I think I will be pondering over it over the whole weekend. How many people have been helping themselves to the money and laughing all the way to the bank? Then again I am very thankful that, perhaps this island is really blessed that we don't have so many people helping themselves to the money. At least the record shows that there were very few. Maybe Gerard is wrong. Or maybe he is right. Or maybe we are living in an island that is not occupied by humans, so there is no human weakness to temptation. The NKF and the latest St John Hospital case are just exceptions. Whew.

Is it the fault of the CPF?

Let me look at the CPF from another angle and how it could be the source of other ills of our society. Traditionally children were the insurance of old age for parents. And children became a necessary item of all families. They are the provider for the parents when they are old and feeble and can no longer toil for a living. What's that got to do with CPF? Yes, the CPF has become the substitute for children. People no longer depend on children for their old age. They have their own money to look after them. So no need to get married and have children. Does it make sense? Why not? The CPF has unwittingly becomes a substitute and contribute to the no need to get hitch and no need to have children society. Now where have the children gone? Who cares? This is only one social problem that the CPF may help to create. But the CPF can help to get rid of our oldies problem too. When the time comes, when all the oldies have a couple of hundred thousands in their CPF, and untouchable, what is the next best thing to do? Cost of living is extremely high in this little island for the jobless. The few hundred dollars to be paid out by the CPF will only be good enough for subsistence level lifestyle. Why not take all out? Yes, denounce the citizenship, take out everything and migrate to a cheaper paradise. The oldies may find such an option a more desirable and practical way to spend their old age and their life long savings. So the CPF will help to disperse our senior citizens around the world as rich old Singaporeans living out their golden years in wealth and in health. And our oldies and over crowding and welfare problems will be solved. Singapore will be forever young. Is this part of a well thought out plan?

"Indonesian Parliament rejects DCA" repeat

meds has left a new comment on your post "Indonesian Parliament rejects DCA": We must reject this unfair agreement. singapore, house of corruptor, feen form bastad money. we reject. unfair DCA sumedi, indonesian I received this post in the thread posted some time in May, deep inside the file. Many of you may not have read this reply so I decided to post it here. Hi Sumedi, welcome to the blog. I can appreciate your point. From the Indonesian perspective, they must see real benefits to go along with the DCA. And if they can't, then they should object to it or speak against it. It is the right of every citizen to talk and express their views on issues concerning their country. Otherwise the country will be run without the consent of the people. As citizens, I must say that we do not know the details of the agreements. I believe that the govt representatives of both sides are intelligent people who negotiated the agreements based on the best interests of their respective countries. And that your ministers would not have agreed on the DCA if Indonesia is not getting a fair and justified returns for the agreements. I would not simply run down the agreement without knowing the details. You may want to find out more from your ministers. There must be enough trade off for them to agree. They must have seen enough benefits in the agreements which the public may not know. Cheers

Why complain about working to 70?

I have read some forumers complaining about having to work till 70. Now that is a shame. I would love to work until 100. I am craving, and crazily in love with work. But I have a little problem. Can someone please offer me a job that pays $1 mil? Never mind $500k also can. I promise you that I will be the most happy worker and will not give anyone any problem. And the cpf can do anything they want with my money. Withdrawal at 100 years also can.

GST increase no longer an issue

According to Sue Ann Chia, the 2% GST increase apparently is not turning out to be a political hot potato. Now is this good news or bad news? I think the people will find the 2% increase not that painful. But what is hurting them will be the other increases that are not related to the GST increases, and much much more than the affordable 2% increase. Now why are there so many increases and in double digits? These are what that will hurt the people's pockets.