Fascist thinking comes under the spot light

Thomas Koshy wrote a letter to ST highlighting the risk of a well meaning govt deciding to take away more money from the CPF because it thinks it is good for the people. If we do not question this and address it now, we will lose our CPF money in no time. We must stop this brazen thinking of deciding how to use our CPF money against our will. It is our money. It is not just a CPF fund.

Singapore needs more reserves

This is the view of Goh Khee Kuan who wrote to ST forum. In his view he felt that the current reserves will not be enough especially when the Artic ice melts. We need billions to built dykes to keep out the water. And more, if no ships come a calling, we need more reserves to develop new infrastructure and new businesses. He forgets to add what if a meteor strikes the island. We need to built a defence shield against the meteor strike. In the same kind of thinking, the CPF savings by the members are not enough. What happen if they are struck by life threatening illnesses and need to be hospitalised? The bills will come in hundreds of thousands. And the artic ice will mean that their lower floor flats may not be liveable. And inflation risk! They probably need to set aside something like a million each for year 2050. We need to plan for the future and save even more.

26,000 age 85 and above

This is a good piece of information. Now what we want to know is the breakdown by age group to give some idea of the spread and the probability of reaching 90 and beyond. It will also be very useful to know how many are destitutes and needed public assistance. The official figure of people under the public assistance scheme is only about 3000. Now this is way too small. If this number is true, then there is no real need for a compulsory annuity scheme for the whole population. It is too insignificant an amount to warrant such a massive exercise.

Phenomenal growth in population

We are now 4.68 million! Another 1.8 million and we are there, 6.5 million. Not bad. Think we can be there in two years. And we don't even feel the squeeze. Maybe 10 million is a reasonable target.

Singaporeans dying

Ya, I think Singaporeans are suffocating and dying from too much tender loving care. The govt has been so pro active and caring and has been working so hard to improve the lives of Singaporeans that Singaporeans have never got it better. This is a case of too many good things. It is like a dream. Maybe the govt should cool down a bit and don't do so much. Jer lat. Not jiat lat.