No, we must continue to read them. So that we can be familiar with all their tricks. Reading is one thing, understanding is the other.Originally posted by (human):I'm sick of it too. Some time it makes you think it is not worth the money and time for such controlled newspapers.
No,we don't pay them millions. THEY pay themselves.Originally posted by miserable:But we pay them millions to run the country![]()
![]()
Oh please, things are definitely going to get worse before anything gets better.Originally posted by the Bear:i don't like the talk of 'keeping the rot going'
but hey.. it is when the powers seem to want us to keep working until we die..
still, what is the alternative in a world where people are put below the economy?
where the scientists say we need to lower the human population and keep the numbers in check while the politicians keep telling the people to increase their numbers.. for the economy..
something is wrong.. not just in Singapore, but globally...
as we go at Warp Speed into the abyss, the powers seem to tell us to damn the torpedoes, full speed ahead!
here in Singapore, we're caught up in this too...
maybe it is time for the people to stop and think about things... be the quitter without leaving the country..
perhaps that is the salvation for us all.. because going somewhere else, we will face the same problems.. so why not try to solve it here?
we can... if we have the courage to
I think you miss out an "i" with one of the words in your statement.Originally posted by miserable:But we pay them millions to run the country![]()
![]()
Correct, they pay themselves millions, wrongfully like in the NKF self-rewards by Durai and Richard Yong with their benchmarking logics and rationale fully and robustly debunked as totally without any substance.Originally posted by forumer84:No,we don't pay them millions. THEY pay themselves.![]()
Hehe .....Maybe i shall rephrase the sentence as They pay themselves millions to run the country using "Our" money ???Originally posted by maurizio13:I think you miss out an "i" with one of the words in your statement.![]()
![]()
Originally posted by maurizio13:run should be ruin
Hehehe.....
Scenario #1 will happen as the majority of Singaporeans are less sophisticated in their knowledge of financial planning - as you have correctly identified.Originally posted by BillyBong:The way i see it, it can go both ways.
Assume there is no CPF. Assume the gahmen couldn't care less and would rather let Singaporeans handle their own savings.
The following may happen:
1. Too many people squander their monies and are left penniless during their twilight years, relying solely on charity to survive.
2. Many people do manage their finances and comfortably retire.
Senario #1 will happen regardless; it's just a question of how many per total population. The end result is that the gahmen will have to spend more tax money on welfare benefits in the form of 'homes' for the 'homeless' and 'helpless'. Then the so-called 'dirty word' of welfare becomes reality as more and more people 'expect' such free lunches.
Senario #2 will also happen, abeit to a smaller proportion of the population. Most of these people will fall under the 'highly educated' bracket, who have enough knowledge of financial investments to grow their savings with better returns. They need not depend on the gahmen and are fully self-sufficient.
Bottomline: CPF is a great thing, but the inconsistent increase of withdrawal age is making the gahmen look unnecessarily silly. Changing the age, and then again, simply shows that the 'future planning' that MM Lee boasts of his current crop of hot-shots, has evidently not succeeded, else it has failed to account for forseeable factors that have inflated the cost of living in SG. This effectively renders the existing plan sadly insufficient.
It would seem the 'trial and error' approach is fast losing people's confidence.