More ERPs

Come 1 Nov, 4 more ERPs will be up and another 5 on standby to be activated when traffic get congested. Also operation hours will be extended. Can't be helped. No other better ways. This is the most efficient way as it hurts the pocket. No need to pay super talents to manage with such brilliant solutions. Pay any Ah Beng $5k a month and he will come out with a solution as excellent as this.

Sin of wasteful ways

While we are all worry about having not enough money for retirement, applicable to the hardlanders only, we are still caught up in this wasteful cycle of spending our hard earned money thoughtlessly. And at times this wasteful spending is even a compulsion. We waste thoughtlessly on scrapping cars in good working condition in less than 10 years. We waste tearing down sound buildings just to increase the value of the next development. We waste by making HDB flats affordable depending on how much is the savings in the CPF. Those who have certain incomes must pay for bigger flats even if they do not want to. And we even waste by insisting that people who are more financially well off must spend more in paying for more expensive wards in hospitals. They cannot opt for cheaper C wards! MEAN testing. At the other end, the income level of these hardlanders are not increasing exponentially but at a snail pace while cost of living is galloping away. How to expect these people to save enough when the system demands that they spend according to affordability? Why is thrift not encourage but a lip service? Why do we sometimes hear the statement that thrift is good and that people should spend within their means but the system is against this? If we truly believe in savings, then we must not spend extravagantly, unnecessarily, and thoughtlessly. We need a change of mindset and encourage people not to spend if there is no need to spend. And our system should be redesigned to help people to save than to spend. Then there will be more money left. Why people have so little savings for old age when we are one of the highest savers in the world? Is it so difficult to figure out why?

What can possibly be the fuss?

Some were screaming fouls while some say that it is a good thing. For those who think they will live to 100 and have no other means of supporting themselves, having an annuity scheme to see to their last years is a comforting thought. Then why the cries of unhappiness? The official reasons for the compulsory annuity scheme is that the paternalistic govt has serious thought over the problems of ageing and seriously plans for these future oldies. The intent is absolutely noble, genuine and caring. Now who can fault a govt trying to do so much for the people, spending their expensive brain juice for the unthinking and irresponsible masses? And many of the thinking and unthinking masses are truly grateful for such a forward looking and benevolent govt. On the other hand there is a corner who thinks that it is all about no money or not enough money in the CPF to pay out when due. Now this is a serious accusation and a serious problem. And to this group, the annuity scheme, the minimum sum scheme, including the Medisave, are all designed to keep the CPF money away from their rightful owners. And they believe that the govt is trying to play a delaying tactic. If this is true, then the intention is less than innocent. While people can understand that the problem of no money needs to be resovled, by not taking the bull by the horns, and trying all kinds of devious ways to pretend that the problem is not there, and trying funny ways to tackle the issue will only compound the problems. If the problem is not enough money, then it is better to face it and not spending money unwisely on frills and fringes. If the govt can afford to spend on these, then this thought of not enough money must be a wild imagination of this group of people. The third possible reason, just speculating, is that someone thinks that this source of cheap fund should be tapped fully for reinvestment and churning profits for the nation. It is a clever thought. But if this the case, it is ethically wrong and wicked for people to exploit the hard earned money of the people and deprived them of using it. Many will die without enjoying the fruit of their labour and toil. It is a very cruel thing to do. But this is only a wild guess. With so many virtuous people and morally very righteous in charge, the people can rest assured that people with such evil thought will not get their way. Even if they do, retribution will catch up with them one day. So what is the real fuss behind the buzz? There is an official position that sounds so logical and caring. Then some people do not believe so and are cringing with wild imaginations of their own. Who is right and who is wrong? What is the tooth?

What is all the fuss?

The National Rally was delivered with so many goodies. Something for everyone. New futuristic estates, estate upgrading, more interest for CPF, closing the income gap, employment for the old and taking care of all Singaporeans until they are buried. No, the Singaporeans did not ask to be nannied. It is a voluntary self appointed role or right to nanny the Singaporeans, a world class citizenship that cannot look after themselves and their own money. It will be a very sorry state if we have to look after our people from cradle to grave. But indeed we are, helpless Singaporeans or sheeples, unable to think for themselves and needed the good paternalistic govt to think and plan their lives. Is there any hope for Singaporeans? Now that every corner of the island is buzzing about the goodies, and also about their CPF savings, some may be asking, where is my money? When can I have my money back? Amidst all the noise and commotion, what is the real issue behind the din? Is there any real problem that no one knows or want to talk about? Or is everything so bright and rosy? No problem at all?

Are we in a sorry state now?

‘We can’t have a situation where we protect you even from yourself. If the entire population needs to be protected from their own choices, then we will be in a very, very sorry state in the future. “My own sense of it is Singapore is now a much more mature society and, generally, the vast majority of Singaporeans can be trusted to make up their own minds, exercise their choices and act responsibly. “The fundamental question is, are we ready as a society to let people make choices of their own, take responsibility for their actions and face the consequences?” Minister for Community, Youth and Sports, Dr Vivian Balakrishnan during the debate on the casino issue. Obviously many in the cabinet did not agree with Vivian that Singaporeans are mature enough to take care of themselves. That is why their CPF money must be kept for as long as possible, with some left behind after they are dead, for safe measures. Just in case, just in case. Now are we in a sorry state now?