This remind me of something, some time back Mr Goh mention about about PM lee being a brave leader that is looking at the annunity issuse which is a problem only 15 years later, etc etc. At that time i was already thinking there is a hidden message based on his tone and mannerism.

Now i know the hidden message.

The most likely answer i conjure is that the gov think that many countries is out to destroy Singapore and PAP’s regime just like gov think that citizen’s power threaten its existence. And so eager to invest heavily in other countries’s financial and communication industry and to be major players in those areas. In other word, by controlling those important ‘life tube’ of other countries, they are essentially securing the fate of Singapore.

However, it come at enormous risk of losing investment, but gov think that it is better to lose investment than to lose Singapore and it is better to lose citizen then to lose control of Singapore.

If gov is clean, then they should let the public know, after all Singaporean is the major shareholder of the country’s asset not PAP. consider that PAP control the media to distract failure and celebrate their so-called success, no wonder we people always feel oppressed !

*Comments edited for pointless rambling.

I am beginning to wonder who are the ultimate ones who have benefitted from the losses. It is a pity the government is so tight lipped because that will only fuel more speculation and conspiracy theories. It’s one of the ways people try to make sense of what they don’t know or understand.

And those in Singapore Armed Force and Polcie Force are on a PEnsion Scheme such that upon retirement of 45-year old, you collect 50% of your last pay (I think) for life.

Similarly, those lucky civil servants (especially Division 1 and above) are paid a lumpsum for joining the “privatised” company doing the same jobs. I udnerstnad they maybe some other codnitions such as must stay..say for 3 or 5 years before opting to collect the “lumpsum”….or to “leave” the Civil Servcie to join the “privatised” company.

The other part she forgot to mention is:

How many Civil Servants, including ministers and MR4 grade, opt to stay with the Pension Scheme?

Put it this way, who in his right mind (except maybe to migrate) will ever opt fro CPF Scheme whereas Pension Scheme is so much more “lucrative” as Lee Hsein Loong and New team projected that SIngpaoreans wil live longer to the tune that by 2012….SIngpaoreans need to “pay” for the privilege of living to 85-year old and beyond.

And if Halimah can produce statistic to prove Lee Hsien Loong wrong and idneed 500,000 NTUC memebrs need help in annuity, then I will say she is doing her job as a NTUC leader; and not simply because she is a PAP MP and need to toe the Party Line.

Is there any correlationship between EDB and scam ? I don’t have any answer but consider so many events in the past remain unanswered and unknown, what make us think the same think did not happen to HDB ?

“Even if ministers know that Halimah was faulted by the people the ministers would not do anything as has happened in Hotel New World or Nicol Highway as no one under the existing system of government is able to check on such NKF wrong doings and they will just carry on with such may be for another 40 years.”

For these, we know that the gahmen are helping each other to cover up backside, and shift blame to outsider or to the citizen. With gahmen in full cooperation with each other, the future of Singapore is bleak.
Recall the case, that it take a gahmen against gahmen to expose the NKF scam. If gahmen are helping among themselves, it is the citizen that will suffer because ultimately, the citizen bear the consequences of these gahmen’s action.

Perhaps now the gahmen are wiser not to step and kill each other, in other words, mind their own business.

Nevertheless they the LTA and minister in charge prosecuted the contractor who were accused of not submitting such requirements for approval or not doing enough due diligence.

The court did not ask a single question why the amended Building Control regulations were not complied by minister and LTA.

Lately after the Nicol Highway collapse the BCD then directed that all work site must comply with structural checking on cofferdam and other shoring protection measures before commencement of work. Why did LTA act only after such collapse.

Now the same thing is happening with Ministers pretending not to know that under retirement schemes pensions were payable only when salaries were below market values with pensions serving as make-up remunerations.

Now the ministers despite getting above-market salaries are being paid pensions or given free lunches which the ordinary citizens were being told no one should expect.

This is in contravention of the retirement schemes previously approved by parliament.

Because the ministers have the political power to keep quiet and not answer to such queries of breaches of laws and regulations so they will eventually get away with wrong doings.

Even if ministers know that Halimah was faulted by the people the ministers would not do anything as has happened in Hotel New World or Nicol Highway as no one under the existing system of government is able to check on such NKF wrong doings and they will just carry on with such may be for another 40 years.

http://www.youtube.com/watch?v=8TLD3Z6sJWA

and this is the kind of calibre pui-and-pui boasts of: the ones who “deserve” lotsa $$$ and $$$ increments so that they can be persuaded to “help” the peasants!!! Shamefully pathetic. Was this ah-soh ever asked about the impending annuity scheme too?

All the developments i have seen point to an unviable future for singaporeans e.g. shincorpse, edb, nkf, annuity, barclay, gst, minitoots’ $$$ increments etc etc. emigrate, or at least get a pr while you can!

if not, you can always de-stress like me: go shopping at CENTREPOINT this saturday afternoon, IN BLACK. the color is slimming, i’m told.

we want the answer today not tomorrow . We pay and pay and what we get from LKY is crude mentality. It is so easy to get away with just a dubious and ridiculous reason that I am motivated to join gahmen’s party one day, and live happily after ! What can be so motivating in life where you get millions dollars easily without worrying about doing your job, whether you perform or not, because end of day, you just gonna tell this simple answer to the public. The answer to citizen’s question is one simple answer: NO REPLY.

Why is ERP increase to 11pm => NO REPLY, you mean you get traffic congestion at this time ? Who using ERP at night ? U means the ghostriders ?
Is gahmen justified high pay, what performance statistic is there ? NO REPLY
What happen to ShinCorpse now ? NO REPLY
What happen to New South Wales university investment ? NO REPLY
etc