Budget 2016 – Govt can afford to be more generous

How much is the govt’s handout in this year’s budget? You think it is enough or can the govt afford to be more generous? Don’t panic, no one should be thinking of robbing the reserves. Keep the lid tight on the reserves. Tony Tan will be there to guard against touching the reserves. There will be more tons to weigh down and to look after the reserves if Tan Cheng Bock becomes the next President.

 

The govt has a lot of money from the last CPF Life and Medishield Life Schemes to throw back to the people. Just look at how much the govt is raking in from the people with a stroke of the pen from the Medishield Life Scheme. If each adult is to pay $500 a year for Medishield Life, and if there are 2m adults in the CPF, that is $1b of premium annually, every year going back to the govt. This one no pay back except for those who needed to claim for medical bills less co payments.

 

And don’t forget the $200k plus locked up in the two minimum sum schemes that would delay payback time by another 20 years. This means twenty years of free money to use, like the Americans enjoying free money selling the dollar as an international reserve currency, with no payback time. This $200k per head is like no payback time as another member will join the scheme for anyone leaving the scheme. The 20 year lockup time is the minimum as many would live to 80 or 90 and the money would still be out of their reach, till death do they part.

 

The $200k plus per CPF holder of 2m CPF members works out to be more than $400b free money to use for the next 20 years or more. Can the govt be more generous in throwing back a fraction of the money that rightly belonged to the people for the rightful owners to use?

 

What would a hundred million or a few hundred millions be to the govt when Medishield Life is taking $1b annually and the hundreds of billions locked up in the minimum sum schemes? The handouts thrown back at the people are directly/indirectly  the people’s money?

 

Leong Sze Hian may want to work out this relationship between money kept or paid to the govt by the CPF members and the money used as handouts to be given to the people. Then the people can decide if the govt is generous and if they should say a big thank you to the govt or to themselves.

Donald Trump will be dumped by the American cabal

Donald Trump
Interesting take on Donald Trump and today's political system. Former U.S. Secretary of Education, William J. Bennett's frankly candid and shocking observations of Donald Trump's impact on the behavior of the entrenched Washington D.C. bureaucrats in both parties -- and the risk The Donald faces in so doing.
William J. Bennett, Host of Bill Bennett's Morning in America Show, is one of America's most important, influential, and respected voices on cultural, political, and education issues. He has one of the strongest Christian world views of any writer in modern times.
 What I See Happening In a Trump Presidency
by Bill Bennett
They will kill him before they let him be  president. It could be a Republican or a Democrat that instigates  the shutting up of Trump.
Don't be surprised if Trump has an accident.  Some people are getting very nervous: Barack Obama, Valerie Jarrett, Eric Holder, Hillary Clinton and Jon Corzine, to name just a few.
It's about the unholy dynamics between big government, big business, and big media. They all benefit by the  billions of dollars from this partnership, and it's in all of their  interests to protect one another. It's one for all and all for one.
It's a heck of a filthy relationship that makes everyone filthy rich, everyone except the American people. We get ripped off. We're the patsies. But for once, the powerful socialist cabal and the corrupt crony capitalists are scared. The over-the-top reaction to Trump by politicians of both parties, the media, and the biggest corporations of America has been so swift and insanely angry that it suggests they are all threatened and  frightened.
Donald Trump can self-fund. No matter how much they say to the contrary, the media, business, and political elite understand that Trump is no joke. He could actually win and upset their nice cozy apple cart. It's no coincidence that everyone has gotten together to destroy The Donald. It's because most of the other politicians are part of the good old boys club.  They talk big, but they won't change a thing. They are all beholden to big-money donors. They are all owned by lobbyists, unions, lawyers, gigantic environmental organizations, and multinational corporations - like Big Pharmacy or Big Oil. Or they are owned lock, stock, and barrel by foreigners like George Soros owns Obama or foreign governments own Hillary and their Clinton Foundation donations.
These run-of-the-mill establishment politicians are all puppets owned by big money. But there's one man who isn't beholden to anyone There's one man who doesn't need foreigners, or foreign governments, or George Soros, or the United Auto Workers, or the teacher's union, or the Service Employees International Union, or the Bar Association to fund his campaign.
Billionaire tycoon and maverick Donald Trump doesn't need anyone's help. That means he doesn't care what the  media says. He doesn't care what the corporate elites think. That makes him very dangerous to the entrenched interests. That makes Trump a huge threat to those people. Trump can ruin everything for the bribed politicians and their spoiled slave masters....
Once Trump gets in and gets a look at the cooked books and Obama's records, the game is over. The jig is up. The goose is cooked. Holder could wind up in prison. Jarrett  could wind up in prison. Obama bundler Corzine could wind up in prison for losing $1.5 billion of customer money. Clinton could wind up in jail for deleting 32,000 emails or for accepting bribes from foreign governments while Secretary of State, or for misplacing $6 billion as the head of the State Department, or for lying about  Benghazi. The entire upper level management of the IRS could wind up in prison.
Obamacare will be de-funded and dismantled. Obama himself could wind up ruined, his legacy in tatters. Trump  will investigate. Trump will prosecute. Trump will go after everyone involved. That's why the dogs of hell have been unleashed on Donald  Trump.
Yes, it's become open season on Donald Trump. The left and the right are determined to attack his policies, harm his businesses, and, if possible, even keep him out of the coming debates. But they can't silence him. And they sure can't intimidate him. The more they try, the more the public will realize that he's the one telling the truth.

LKY – too much of a good thing

The big celebration in the remembrance of LKY on his first anniversary is starting to raise eyebrows and turning a bit sour. It is opportune that Lee Wei Ling spoke up against it and warning those over zealous supporters and believers not to go overboard. Many great leaders in the past have been revered by their people through history. Many have made their marks decades ago, some hundreds or thousands of years ago and still fondly remembered by the generations of people coming to know them.

The celebration of LKY was compared to the celebration for Mao Zedong and Winston Churchill and to some, more like Kim Sung Il. In China and North Korea, huge monuments and statues of the two leaders were built to honour them. Some in China wanted to elevate Mao to the status of a deity, 神, and probably with temples built for him for people to worship him. This was rejected by the Chinese govt and similarly I don’t think there were temples to deify Kim Sung Il.

Without someone from the family to speak out against this irrational exuberance, it can be expected that the political opportunists could carry things a bit too far in revering and remembering LKY and turn it into a personality cult that Wei Ling rightly pointed out. And when that happens, a good thing could turn into a bad thing for the stupidity of it.

Too much of a good thing can easily turn bad. This is the 21^st Century and Singaporeans, especially the highly educated, would find it a bit uncomfortable to stomach such overt expression of reverence.  This is different from religious outpouring of love within the confines of a religious abode. Some may find it revulsive though they may not utter a word or show any sign of their true feelings.  It is better to keep things in a proper and respectable perspective before it goes out of hand.

Wei Ling’s comment is timely and effective. Coming from anyone else outside the family may draw a mix bag of reactions.  LKY shall be remembered by Singaporeans for generations to come and by the foreigners who came and gone home rich for his blessings on them. Let history and the millennial remember him in a way appropriate to them.  Do not create controversies and a sour note so early after he left the scene. The first time was a nation in grief. This time it does not seem to be going the same way.

It will be perfectly alright to do such a thing in countries like North Korea, but in Singapore today, I think it is better to be more circumspect. Wei Ling has spoken but she is the only voice from the family. Is she representative of her siblings or they have different ideas?

Please feel free to disagree with me. Those who would like to set up altars in their homes, please do so as you like.

PS. For those who benefitted greatly from LKY's policies, may I suggest a better way is to donate a bit of their good fortune to help the poor in his name. Would that not be better?

The secret formula for more by elections 美人计

First there was Yaw in Hougang and followed by Palmer in Punggol East. Now we have Bukit Batok heading for another by election. The opposition strategists must be putting their thinking hats together trying to figure out how to make more by elections happening in order to get more of their candidates into parliament.

If they still cannot figure out how, maybe they can learn from the Police in their well developed investigating procedures. Put all the facts and evidence on the white board and try to pin down the common denominators. In all the three cases you have a man and a woman, actually not a man, but an MP. Then there is the element of indiscretion. So, what are the common factors and what are the relevant factors that eventually lead to a by election? Give you a clue, it is not a 4 letter word.

For those who are still trying hard but unable to find the answer, look at Sun Tsu’s military strategies, the 36 arts of war. One of them is applicable in this case. The KGB and CIA used this art form very well, and very successfully. James Bond also had been willing victim to this deception and took the risk with all its pleasures.

The big question is whether the opposition parties are ready to put this strategy into practice to gain a few more by elections: )

英雄不过美人关

Masagos worrying about Singapore’s water supply

Is Masagos missing something? He is worried that Singapore may not have enough water? Did he talk to his other ministers who are going to bring in more people to increase the population to 6.9m and then 10m? I am sure those planning for 6.9m or 10m would have the answers to our water problem. For them to be so confident about growing the population, they must have worked out the needs for more water and more energy sources. So, why is Masagos so worried when other ministers are not worried? Is he out of the loop?

Remember the incident when HDB was panicking and quickly selling of the excess stock of flats only to discover, after selling everything and running out of stock, that plane loads of foreigners are being unloaded into the island and creating the infamous housing crisis?

When the population goes up, definitively there will be bigger demand and needs for more water. Unless the new population is a kind of rare breed that don’t need to consume water, no need to bathe, then it should be ok.

Or is this a case of right hand and left hand not knowing what the other is scratching? Our planners cannot be planning for 6.9m or more and forget to think about our water problem right? They must also have thought through the need to build more flats, more Towers of Babel. Energy need should also not be a problem.

Any minister wants to tell Masagos no need to worry about a non problem. We don’t have water shortage problem or energy shortage problem, at least for a population of 6.9m or 10m.  And now we only have 5.5m, there cannot be water shortage problem right?  6.9m or 10m are a piece of cake. Everything is already planned.

Sleep well Masagos. Looks like you are the only one worrying about water shortage problem that no one sees. So either everyone is right and you are wrong or you are right and everyone is wrong. Did they tell you about the 6.9m and 10m population plan?