Originally posted by Rock^Star:The problem with innocuous remarks made is that it sets a trend and tend to cement a particular line of view.
Post by ShutterBug:
Here's an enlightening link
>>> http://www.singaporedemocrat.org/article_A_Nation_Cheated_2.html
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One thing I really hate about Chee is that he only has bad things to say about our govt. And he doesn't just say it, he rants. Just puts opposition parties in a bad light. And his sister, with that defiant face and persona, makes me think ten times before I would even vote for her.
While there may be some truths to his argument, there is only so much faith that one may put in a "fanatic democrat" like him.
Originally posted by Atobe:
Thanks for your clarification but looking at your referenced site given, the 4% is only applicable to the Medisave, and Retirement Account only and not for the main portion of our money in the CPF Account.
If the bulk of the CPF account holders have a long way to retirement, the CPF amount is still paid 2.5% per annum.
Never have I mentioned anywhere that 4% is for the entire duration. 2.5% is indeed not a relatively high figure too.
Your second referenced site merely described the manner in which the CPF payout is delayed till one reaches 55 years (payout to be completed by age 84 years), and with the amount held in the Retirement Fund to be increased up to a sum of $120,000 gradually by the target date 2013.
That reference was meant to enlighten "countdracula"
there's this nagging suspicion that if everyone were to encash their cpf at the same time, it doesn't have enough to cover all. and they also want us to work, work and work without retirement and straight off to the grave while contributing to the taxes to pay for the salaries....
Any Singaporean that do not has no regular contribution into the CPF can hardly realise anything close to the required amount for Medisave, let alone into the Retirement Fund.
Even if one contributes regularly, it may not even be enough too. It doesn't help that many S'poreans have little idea on retirement planning. The govt should start a mass campaign on this. But then again, by doing so, they would expose the inadequacies of the CPF.
Does the government play fair by paying 2.5% to the CPF account (4% for the Medisave), and only paying a full 4% to a Retirement Fund of $120,000 only when we reach 55 years ?
Does the Government play fair, when they get to use cheap CPF funds at below market rate, using our money to build infrastructure, and thereafter charges us atrocious prices for the use of it, and in the process bloat up the National Reserves.
If you look at the nature of my previous post, my "fair" referred to the 4% interest paid to retirement account upon age 55. One will never get a guaranteed rate like that anywhere else in the market. However, I can't say the same for pre-55. It is definitely on the low side. "Fair" also refers to the amounts that members may encash at 55 and the distribution method to reduce the possibilities of one living longer than one's money.
Originally posted by Atobe:The problem with innocuous remarks made is that it sets a trend and tend to cement a particular line of view.
Looking through the 'enlightening link' proposed by Shutterbug, how did you arrive at your postion of dismissing CSJ views as nothing but rantings ?
Politics is about image and Chee has not played this game within his opponent's boundaries. The way he goes about discrediting the govt (even if he was right), would only further cement his image of a fanatic lunatic. Has he even learned from past lesson not to go around the system? Maybe no one has noticed but I have mentioned a long time ago here in sgforums that Chee is a "martyr born in the wrong era". Therefore, the word "rantings" even if they were not.
Have you completed a review of CSJ presentation of a 'A Nation Cheated' ?
Nope but I may when I can spare the time and heart in future. I have read his "To be free" before and they are in no way fanatic views. He presents reasonable arguments and I have to agree with some truths of his. Compare that with his public image? I can't say the same. I still remember how he hounded Goh Chok Tong in the 2001 elections while the latter was doing a walkabout in Jurong. He lost badly that year. His image has gone down ever since and it does not help that PAP has taken every opportunity to smear his name.
Conclusion? Politics is about image and he has none of that. He's a goner and only his die hard fans would buy his books on sale.
If you have, then anyone in this Speaker's Corner that holds similar persistent negative views will also qualify to be considered by you to be similarly guilty of ranting.
It's just business. Don't take my views too personally.
CSJ entry into politics can be considered to be the first Fresh Faced Professionally Qualified Person to enter politics on the side of the Opposition since the 1960s.
His surprise appearance into politics - at the 1992 election - seems to have created an unpleasant surprise to LKY's meticulous plan for LHL's accenssion into local Politics, after the tumultous efforts to remove Francis Seow and Tang Liang Hong from the local political scene, and neutralizing JBJ into seeming permanent oblivion.
The immediate actions to neutralize all challengers to LHL's political future demand that all means and methods are to be taken to similarly neutralize the threat posed by CSJ.
The actions taken to discredit CSJ, and nail him into the ground were excessive and intended for a second effect to discourage any other like minded Professionals from taking similar steps as CSJ.
As we have seen, it was not until more then ten years later that we see new fresh professional faces entering Singapore politics - the bulk joining WP.
For the personal persecution that the Ruling Party had directed at CSJ, do you expect anything favorable to be said by CSJ towards the Ruling Party or the Government that they form ?
Precisely! You hit the nail on the head. The very fact that he has nothing favourable to say only sends the message of bias and a "hard done by" attitude across. Weren't we brought up to always look at both sides of the coin?
If i were a minister, I wouldn't even bother to read this kind of thread. It just plain criticism on our government policy without an objective insight on the situation involve. Worse still the thread talks about their work longer and retire later policy to CPF money then Swiss standard of living and even NKF and Shin Corp. Why can't you guys simply stick to just one topic and talk about one topic alone. You bring so many things inside, how the hell can a person offers an alternative view?Originally posted by 2e3:now... if only our ministers read forums...
Originally posted by matleep:Well, you have a point there...
If i were a minister, I wouldn't even bother to read this kind of thread. It just plain criticism on our government policy without an objective insight on the situation involve. Worse still the thread talks about their work longer and retire later policy to CPF money then Swiss standard of living and even NKF and Shin Corp. [b]Why can't you guys simply stick to just one topic and talk about one topic alone. You bring so many things inside, how the hell can a person offers an alternative view?
Let look at the work longer and retire later. Most of us here would prefer to retire as early as possible and enjoy life after retirement. But what does this spells to our leaders? It simply says that we are going to get less tax from the people and yet we got to increase our budget for medical care for our elderlys. That will be a strain to our financial budget. Moreover, it also means that there are lesser manpower in the economy making the economy less vibrant. Companies will have to fight over manpower and new industries will find it harder to set up their operation here.
Therefore, our question here should be, how then can our government best deal with the issue of ageing population and not how lousy their policy is. Can you find a better policy than their work longer and retire later policy? Well, just blatantly criticising their policies neither solves the problem nor provide a better solution.[/b]
Ha ha. Then I am afraid you might have to sit through their performance, even if they pull nothing out of their hats.Originally posted by ShutterBug:Well, you have a point there...
For the millions of dollars salary our government commands, a lot of us are now expecting them to pull more than just a rabbit out of their hats - and we ain't gonna show them new tricks for the price they force us to pay to watch them 'perform'...
Originally posted by matleep:If the govt does not raise GST (say they wanna help the poor) and increase their salaries the next moment, then we may be happier citizens.
Therefore, our question here should be, [b]how then can our government best deal with the issue of ageing population and not how lousy their policy is. Can you find a better policy than their work longer and retire later policy? Well, just blatantly criticising their policies neither solves the problem nor provide a better solution.[/b]
I share your view on this matter. Very often citizens feel let down because the ministers keep practising denials and hypocrisy without solving real problems. NkF problem was brought to their attention but the minister and regulators in charge of overseeing their corporate governance kept denying problems for years until they were exposed by the SPH lawsuit.Originally posted by Rock^Star:If the govt does not raise GST (say they wanna help the poor) and increase their salaries the next moment, then we may be happier citizens.
If they give out progress package genuinely for our good instead of buying votes prior to election, then we may appreciate them better.
If they think of how to bridge our income gap instead of theirs, then we may love them more.
Sometimes, it is not a matter of armchair criticism but rather, will the govt listen? If they sincerely want to listen, many of here will not hesitate to offer our constructive views.
Well, and so the main topic gets diverted again. Are we even talking about minister or the flaws of the government here? What we should be looking is the issue brought up here. What is the benefit and doubts about implement this work longer and retire later policy. Can they adequately solve the ageing population issue? Are there any other better policies? And what are the problems with these other policy.Originally posted by robertteh:I share your view on this matter. Very often citizens feel let down because the ministers keep practising denials and hypocrisy without solving real problems. NkF problem was brought to their attention but the minister and regulators in charge of overseeing their corporate governance kept denying problems for years until they were exposed by the SPH lawsuit.
The main cause of our problems is self-centredness and hypocrisy.
I think since the govt dictates and directs everything that goes about in our nation and our policies... we should very well care about them.Originally posted by matleep:Well, and so the main topic gets diverted again. Are we even talking about minister or the flaws of the government here? What we should be looking is the issue brought up here. What is the benefit and doubts about implement this work longer and retire later policy. Can they adequately solve the ageing population issue? Are there any other better policies? And what are the problems with these other policy.
Who cares about the government!
For many years, I for one have posted many topical or constructive suggestions to the feedback unit and ministers on mistakes in their policies or actions ranging from mistakes in narrow-minded meritocracy policy which only benefited certain elites and double-charging on lands and infrastructures by HDB but all the constructive suggestions are simply not heeded.Originally posted by matleep:Well, and so the main topic gets diverted again. Are we even talking about minister or the flaws of the government here? What we should be looking is the issue brought up here. What is the benefit and doubts about implement this work longer and retire later policy. Can they adequately solve the ageing population issue? Are there any other better policies? And what are the problems with these other policy.
Who cares about the government!
Ouch! That stinks! I think same applies in many local companies too.... Preach Open door policy but actually for show only, doors are hardly "opened"....Originally posted by Rock^Star:We have a feedback channel in every major stat board, I believe. But 70% of the time wayang only.
I have worked in mindef before and I know it.
This characterizes the Singapore governance. Show that we are open but actually to the contrary.
Ha ha! Robertteh is still alive and kicking in this forum, probably to the Feedback Unit as well.Originally posted by robertteh:For many years, I for one have posted many topical or constructive suggestions to the feedback unit and ministers on mistakes in their policies or actions ranging from mistakes in narrow-minded meritocracy policy which only benefited certain elites and double-charging on lands and infrastructures by HDB but all the constructive suggestions are simply not heeded.
Even NKF problems were posted to Feedback Unit but they were simply ignored. Now the latest problem with SGX is also the result of practising a self-centred "government knows best" arrogance.
Even people with all the constructive suggestions and ideas like ex-civil servant Mr. Ngiam Tong Dow or Dr. Toh Chin Chye and ex-president Ong Teng Cheong were ignored by autocracy and self-centredness.
If government cannot and does not change such a system of self-centred governance, it cannot convince people to cooperate with their ministers' many policies about creating a cosmopolitan and inclusive society simply because they are practising hypocrisy which the people can see for themselves in their actions.
Actions speak louder. Government must correct all their major past mistakes before trying to tell people how to complain and how to write details of their suggestions to be more pleasing to their senses.
In the face of all these track record of the government in handling complaints and problems, I am sure you will agree that people are being very patient to let government get away with many mistakes and not solve them by resorting to hypocrisy and denials. These are not the hallmark of a talented or world's best government. It will be hypocrisy too for you to pretend these arrogance of the government does not happen and exist only in people's imagination.
Can you therefore speak with moral authority on behalf of government and can you therefore assure that all the constructive suggestions and ideas will not continue to be ignored or brushed aside by ministers or MM Lee due to self-centredness and autocracy and hypocrisy which as I see it is the source and root cause of all our current problems faced by majority of citizens.
Originally posted by Rock^Star:Even if 4% is paid on the retirement fund, it is applicable to a smaller portion of the CPF that is required to be further locked up from Age 55 till 84 years.
Originally posted by Atobe:
Does the Government play fair, when they get to use cheap CPF funds at below market rate, using our money to build infrastructure, and thereafter charges us atrocious prices for the use of it, and in the process bloat up the National Reserves.
If you look at the nature of my previous post, my "fair" referred to the 4% interest paid to retirement account upon age 55. One will never get a guaranteed rate like that anywhere else in the market. However, I can't say the same for pre-55. It is definitely on the low side. "Fair" also refers to the amounts that members may encash at 55 and the distribution method to reduce the possibilities of one living longer than one's money.
Originally posted by Rock^Star:There use to be a time when movies were all silent, and one's comprehension were based on the tempo of the accompanying piano and one's interpretation of the actions that one's vision absorbs.
Post by Atobe:
The problem with innocuous remarks made is that it sets a trend and tend to cement a particular line of view.
Looking through the 'enlightening link' proposed by Shutterbug, how did you arrive at your postion of dismissing CSJ views as nothing but rantings ?
Politics is about image and Chee has not played this game within his opponent's boundaries. The way he goes about discrediting the govt (even if he was right), would only further cement his image of a fanatic lunatic. Has he even learned from past lesson not to go around the system? Maybe no one has noticed but I have mentioned a long time ago here in sgforums that Chee is a "martyr born in the wrong era". Therefore, the word "rantings" even if they were not.
On first appearance, politics maybe about image, but I believe that this simplistic criteria alone does an injustice to a more educated and discerning population that is able to judge for itself the message and the messenger, and not simply the appearance of the messenger.
Have you completed a review of CSJ presentation of a 'A Nation Cheated' ?
Nope but I may when I can spare the time and heart in future. I have read his "To be free" before and they are in no way fanatic views. He presents reasonable arguments and I have to agree with some truths of his. Compare that with his public image? I can't say the same. I still remember how he hounded Goh Chok Tong in the 2001 elections while the latter was doing a walkabout in Jurong. He lost badly that year. His image has gone down ever since and it does not help that PAP has taken every opportunity to smear his name.
Conclusion? Politics is about image and he has none of that. He's a goner and only his die hard fans would buy his books on sale.
None taken - especially when sensible.
If you have, then anyone in this Speaker's Corner that holds similar persistent negative views will also qualify to be considered by you to be similarly guilty of ranting.
It's just business. Don't take my views too personally.
Were we brought up to always look at both sides of the coin ?
CSJ entry into politics can be considered to be the first Fresh Faced Professionally Qualified Person to enter politics on the side of the Opposition since the 1960s.
His surprise appearance into politics - at the 1992 election - seems to have created an unpleasant surprise to LKY's meticulous plan for LHL's accenssion into local Politics, after the tumultous efforts to remove Francis Seow and Tang Liang Hong from the local political scene, and neutralizing JBJ into seeming permanent oblivion.
The immediate actions to neutralize all challengers to LHL's political future demand that all means and methods are to be taken to similarly neutralize the threat posed by CSJ.
The actions taken to discredit CSJ, and nail him into the ground were excessive and intended for a second effect to discourage any other like minded Professionals from taking similar steps as CSJ.
As we have seen, it was not until more then ten years later that we see new fresh professional faces entering Singapore politics - the bulk joining WP.
For the personal persecution that the Ruling Party had directed at CSJ, do you expect anything favorable to be said by CSJ towards the Ruling Party or the Government that they form ?
Precisely! You hit the nail on the head. The very fact that he has nothing favourable to say only sends the message of bias and a "hard done by" attitude across. Weren't we brought up to always look at both sides of the coin?
The only person celebrating is LKY in his capacity as MM and earning a take home pay of $2 Million annually ON TOP of his pension since he reach the age of 55 years.Originally posted by SingaporeTyrannosaur:Does anybody find it bizzare that some see the raising of the retirement age a thing to be celebrated?