Not The Time To Restore CPF Cuts
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not even in the foreseeable future!!!
the reason?
wage cost concerns.
such increase could drive more companies to move overseas, resulting in more job losses.
i guess this excuse can be used until the end of time!!! -
Really, CPF money isn't everything to retirement needs
No time to see share, buy defensive counters and earn the divd
If have the enough money in bank acc, put it into FDD, it's a bonus -
CPF is important for everyone with housing loans. every dollar counts.Originally posted by sbst275:Really, CPF money isn't everything to retirement needs
No time to see share, buy defensive counters and earn the divd
If have the enough money in bank acc, put it into FDD, it's a bonus -
Correct, but aft all these housing loans, there might not be enough for retirementOriginally posted by dragg:CPF is important for everyone with housing loans. every dollar counts. -
To become mature citizens, we have to break away from the total reliance of govt aids. Therefore we need to stop being totally dependent on CPF contributions during our twilight years.Originally posted by dragg:CPF is important for everyone with housing loans. every dollar counts.
It's already proven that CPF contributions alone are woefully insufficient to sustain retired individuals in the long run; we have to start looking after ourselves and exploring the market opportunities for investments and means to develop our own personal kitty.
If we continue to hold the hand that feeds you, the nanny-mentality will forever remain a spectre in our lives.
Unless we choose to break the stranglehold. -
They first tell you that they price HDB so high is OK because it is affordable... your CPF can pay. Then they cut your CPF but not the amount you have to pay for your HDB.
They tell you that property price so high they need not do anything about it because, it is affordable, your CPF can pay it.
WTF everything they do is for the rich and powerful and we are supposed to eat grass.
see "Absolute Corruption" in NewSintercom.org
Has absolute corruption taken place in Singapore? -
they are always full of excuse when it comes to benefits of the general working population.
but they were real decisive when restoring their paycheck and giving the president a big, fat increment. -
Originally posted by dragg:they are always full of excuse when it comes to benefits of the general working population.
but they were real decisive when restoring their paycheck and giving the president a big, fat increment.
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This fact is clear, yet the people chose to give them their vote in the last elections. It's sad that many among the people are silent supporters of the Ruling party even with all this self-serving going on.Originally posted by dragg:they are always full of excuse when it comes to benefits of the general working population.
but they were real decisive when restoring their paycheck and giving the president a big, fat increment.
Until the majority of the people learn to wield their ballot with more conviction, it will be years before change sets in.
To that end, a credible alternative must be available. That renewal process has at least been superb - with the coming of the WP.
Let's hope more and more people start to accept the truth and make the bold move - to consider an alternative. -
Easier said then done... 797 have fooled the people with relentless propaganda so that as far as the masses are concerned; voting them is a no brainer, it is common sense.Originally posted by BillyBong:This fact is clear, yet the people chose to give them their vote in the last elections. It's sad that many among the people are silent supporters of the Ruling party even with all this self-serving going on.
Until the majority of the people learn to wield their ballot with more conviction, it will be years before change sets in.
To that end, a credible alternative must be available. That renewal process has at least been superb - with the coming of the WP.
Let's hope more and more people start to accept the truth and make the bold move - to consider an alternative.
Any good alternative is hounded like animal.
The one two blow makes it impossible. Until honorable people come into power, Sgporeans are doomed to suffer. -
Precisely! These bloodsuckers own alot of properties. Of course, they cannot allow properties' price to come down. The gov had over priced the land and no way they are going to bring down the price of properties or land cost....they own and stucked with lots of properties in hand, especially, the individuals that privately own and the few giant corporate land owners. These blood suckers knew that properties in singapore have come to stagnant. So... to enhance the properties and land values further...they had to introduce Casinos into singapore which many people had objected.Originally posted by casino_king:They first tell you that they price HDB so high is OK because it is affordable... your CPF can pay. Then they cut your CPF but not the amount you have to pay for your HDB.
They tell you that property price so high they need not do anything about it because, it is affordable, your CPF can pay it.
WTF everything they do is for the rich and powerful and we are supposed to eat grass.
see "Absolute Corruption" in NewSintercom.org
Has absolute corruption taken place in Singapore?
Of course, there were many people singing the same tune with the gov.... but who are these people? These were the elites and high ranking officials that you know and I know, whether they are direct or indirectly employed by the bloodsuckers.
Whatsoever that they are doing.....they are only thinking of their pockets first. They have been proven to be very ungentlemen as you can see during the General Erection. Speculating and ''creative'' imagination of the oppositions' doing and intention of discrediting the erection department. See the way they attacked the small ant (Gomez...) four to five heavy gunners bombard and shooting an ant for so many days and ended with only a stern warning for gomez from the police. what a joke! -
Price of land, you can compare Malaysia
But as Malaysia gets more developed, land cost will go up
Anyway, that's the only thing MY is cheaper than SG... Other things like essential items, it more ex -
Of course, one has to rise above the mundane and govt yes-men to become greater than the whole.Originally posted by casino_king:Easier said then done... 797 have fooled the people with relentless propaganda so that as far as the masses are concerned; voting them is a no brainer, it is common sense.
Any good alternative is hounded like animal.
The one two blow makes it impossible. Until honorable people come into power, Sgporeans are doomed to suffer.
If we continue to vote the govt for fear of reprisals, then we will forever be slaves to our own psychological trauma. This silent form of blackmail has been used effectively by our govt, the same way Ronald Spiers of Band of brothers fame used his 'prisoner massacre' legend to inspire both fear and respect among his troopers.
By admitting to nothing, the govt perpetuates the belief that some who have voted against the govt have indeed suffered quiet reprisals against them and their families; only in a decadent dictatorship have such atrocities been committed, here cases such as the wrongful arrest and detention of brave men like Chia Thye Poh are permitted under the LAW of the INTERNAL SECURITY ACT.
It's time to grow out of this rdiculous constraint and dubious fear. Low Thia Khiang is trying fervently to rubbish such nonsense among the people and instill self-belief.
Hopefully more people will listen and something good might come out of the next elections. -
Our Earth can satisfy our needs but will not satisfied the greed of our gov.Originally posted by sbst275:Price of land, you can compare Malaysia
But as Malaysia gets more developed, land cost will go up
Anyway, that's the only thing MY is cheaper than SG... Other things like essential items, it more ex
With the sky high salaries of the elites, high ranking officials and the cabinets ministars that they are drawing. Do you know that many hectares of rain forests are going to be destroyed. -
As long as you continue in your simplistic ways of thinking, then you will never win the war.Originally posted by BillyBong:Of course, one has to rise above the mundane and govt yes-men to become greater than the whole.
If we continue to vote the govt for fear of reprisals, then we will forever be slaves to our own psychological trauma. This silent form of blackmail has been used effectively by our govt, the same way Ronald Spiers of Band of brothers fame used his 'prisoner massacre' legend to inspire both fear and respect among his troopers.
By admitting to nothing, the govt perpetuates the belief that some who have voted against the govt have indeed suffered quiet reprisals against them and their families; only in a decadent dictatorship have such atrocities been committed, here cases such as the wrongful arrest and detention of brave men like Chia Thye Poh are permitted under the LAW of the INTERNAL SECURITY ACT.
It's time to grow out of this rdiculous constraint and dubious fear. Low Thia Khiang is trying fervently to rubbish such nonsense among the people and instill self-belief.
Hopefully more people will listen and something good might come out of the next elections.
"wait for "THE ONE" to rise up in 797?" Wait until when? Will it be too late and all the assets in Sgp already transferred into the hands of or controlled by a particular family?
Let's look at your assumptions:
"fear of reprisals"
Is the war won and lost because of only the fear of reprisals? Think deeper. Think more, do more. -
Were you not the one who coined the term "wait for 'THE ONE' to rise up in 797? (whatever that means)Originally posted by casino_king:As long as you continue in your simplistic ways of thinking, then you will never win the war.
"wait for "THE ONE" to rise up in 797?" Wait until when? Will it be too late and all the assets in Sgp already transferred into the hands of or controlled by a particular family?
Let's look at your assumptions:
"fear of reprisals"
Is the war won and lost because of only the fear of reprisals? Think deeper. Think more, do more.
Is my thinking too shallow or yours too complex that it spins so many webs of conspiracy?
Is the SG Governement so complicated to fathom that you need too have so DEEP a thought simply to penetrate its inner workings?
Perhaps you can share your 'deeper thoughts' with us?
Was not Ken Kuek taken apart at the LKY Forum simply because he refused to divulge the identities of those he claimed were afraid of voting against the Ruling party?
Didn't an ST-sanctioned survey indicate that many (up to 30%) prefered to give a 'no comment' on questions over whether there was a sense of apprehension over the Ruling Party's election tactics?
Were not the figures from the Institute of Policy Studies (IPS), while dissecting the results of the recent elections 2006, caught cold after it was revealed that up to 70% of the supposed survey participants had refused to take part in their exercise, resulting a completely skewed statistical analysis meant to bloster the image of the Ruling party?
See here
Perhaps the 'fear factor' is deeper than you first believed possible?
The objective of every war is to beat the enemy. How difficult is it to comprehend such a straight-forward target? -
Same old C & B story.Originally posted by dragg:not even in the foreseeable future!!!
the reason?
wage cost concerns.
such increase could drive more companies to move overseas, resulting in more job losses.
i guess this excuse can be used until the end of time!!!
As if, CPF is the only thing that affects businesses in Singapore???
Real BS!!
Lame as hell! -
If Singaporean are paying a idiot 13 000 per month to say such a idiotic stuff, any of the speaker's corner can be a Minister.
As what the Union and Manpower Minister have said, the CPF cannot be resolved due to the wages or fear of loss of job.
When you hired a fool, he will behave like a fool, look like a fool and sprout nonsense like a fool.
Who is to believe you again next time you want to cut anymore salary ? -
they always say that singaporeans agree to all the pay cuts and belt tightening. kns, as if we have a choice.Originally posted by Medicated Oil:If Singaporean are paying a idiot 13 000 per month to say such a idiotic stuff, any of the speaker's corner can be a Minister.
As what the Union and Manpower Minister have said, the CPF cannot be resolved due to the wages or fear of loss of job.
When you hired a fool, he will behave like a fool, look like a fool and sprout nonsense like a fool.
Who is to believe you again next time you want to cut anymore salary ? -
At a reduced vote counts of 66.6% from the last election result, the ministers still made exaggerated claim that they have scored a strong mandate.Originally posted by dragg:they always say that singaporeans agree to all the pay cuts and belt tightening. kns, as if we have a choice.
By using GRC to eliminate opposition, resulting in many uncontested walk-overs they still claim that 66.6 % is a genuine voting result.
Now they say people have accepted CPF cuts and non-restoration of cut CPF after return to growth and claimed that this so-called belt tightening is workers' choice or acceptance.
Is this so-called workers' acceptance or sacrifice of their cut in CPF confirmed by survey or is it another artful claim that 66.6% GRC votes is a strong mandate.
The above-stated is the kind of government we are having, ridiculous make-beliefs and assumptions claimed to the world to be talented leadership and success.
Nothing came close to my short summary of what constitute a first-class or talented leadership at all. Read process management for greater accountability and good corporate governance at: www.managefranchise.blogspot.com -
"break away from the total reliance of govt aids"?Originally posted by BillyBong:To become mature citizens, we have to break away from the total reliance of govt aids. Therefore we need to stop being totally dependent on CPF contributions during our twilight years.
It's already proven that CPF contributions alone are woefully insufficient to sustain retired individuals in the long run; we have to start looking after ourselves and exploring the market opportunities for investments and means to develop our own personal kitty.
If we continue to hold the hand that feeds you, the nanny-mentality will forever remain a spectre in our lives.
Unless we choose to break the stranglehold.
save for the extreme poor, i don't think there is any Singaporean who is on total reliance on govt aids.
and Sir, CPF contributions are not govt aids. they are our hard earned money! cutting CPF means workers are paid less for the same amount of work they put in. in other words workers become cheaper to employers.
"If we continue to hold the hand that feeds you, ..."
i don't know about you but myself and, i believe, most working Singaporeans have no 'hand that feeds' us. we earn our own living. -
I am disappointed with this statement from the government. I agree that it may be a little premature to completely restore CPF cuts. As the recent downturn on the stock market shows, there are latent concerns about the huge budget deficits in the US and the health of its economy.
However, the economy has turned for the better as the government has said many times before the elections. It is time for a small restoration of CPF cuts, even though it may not be wise to restore completely at this time.
It may be just a symbolic gesture, but nevertheless an important one to demonstrate that the government is prepared to give back when things turn for the better.
How else can the government expect the people to be on their side when they need to cut wages again in future? -
Originally posted by oxford mushroom:
The better depends on the sector
I am disappointed with this statement from the government. I agree that it may be a little premature to completely restore CPF cuts. As the recent downturn on the stock market shows, there are latent concerns about the huge budget deficits in the US and the health of its economy.
However, [b]the economy has turned for the better as the government has said many times before the elections. It is time for a small restoration of CPF cuts, even though it may not be wise to restore completely at this time.
It may be just a symbolic gesture, but nevertheless an important one to demonstrate that the government is prepared to give back when things turn for the better.
How else can the government expect the people to be on their side when they need to cut wages again in future? [/b]
The retail sector is shrinking
Instead of the rate first, restore the max cap to the old days gradually 1st... From $4500 to $6000 in $500 increment per qtr -
Let's not all speculate, let's wait till november for parliament.
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Let me rephrase:Originally posted by pearlie27:"break away from the total reliance of govt aids"?
save for the extreme poor, i don't think there is any Singaporean who is on total reliance on govt aids.
and Sir, CPF contributions are not govt aids. they are our hard earned money! cutting CPF means workers are paid less for the same amount of work they put in. in other words workers become cheaper to employers.
"If we continue to hold the hand that feeds you, ..."
i don't know about you but myself and, i believe, most working Singaporeans have no 'hand that feeds' us. we earn our own living.
The govt can choose NOT to legislate having a CPF acc per citizen. They can 'trust' singaporeans to manage their own savings. This will translate to instant 'higher earnings' since the companies will pay out the portion meant for CPF back to the employee. (else there will be an uproar, so your worry that employees will earn less without CPF is moot)
But they INSIST on having a CPF system. And why not? It represents an excellent 'investment' account for the govt to use to invest in the open market and generate greater revenue. Such things almost always works both ways.
If you earn your own living, will you prefer to manage your own savings or 'surrender' a portion to the govt to manage? The CPF account is simply a time-saving account with a pre-set maturity date made compulsory by the govt because they feel many among us cannot look after ourselves come old age. It is indeed your hard-earned cash, but you can't touch it apart from paying your housing loan etc.
I just view it as an untouchable savings account till i walk on 3 legs.