work till drop dead loh.

everything control, how huh?

cpf $ also kana control, how huh?

why own $ also kana control?

then elites make losses, commoners cpf cant take out how?

very tough (plus economy no good alamak)

aiyoyo

Amusing to see how “Four Legs Good, Two Legs Bad” becomes “Four Legs Good, Two Legs BETTER!” in the end. So much for all the struggle and hardship to ride out oppressive leaders while the hero himself also turning to the alike in the end.

are such personal jibe necessary?

Kongseeme, thank you for giving the examples of dysfunctional democracies. While I think that in the earlier stages of economic development, it might be good for more authoritiarian forms of government, this situation cannot go on forever. Singapore is the only country in the world (so far) that did not become more democratic following rapid economic development which transformed it to become a first world economy.

Ever wondered why the Government does not often refer to Singapore as a developed country, even though we already are by economic indicators? And why is Singapore not a member of the OECD, which most, if not all developed countries are a member of? And do you know that all OECD country are fully functioning democracies?

at least, it will be the animal’s turn or someone’s turn instead of staying concentrated with one same farmer. what animal farm ? you do have one big human farm in our vicinity. Please stick to your kopi farm.

Read the Animal Farm? story same same.

We may have achieved independence but all these decades,we have not been able to achieved a Democratic Society.

We are a Democratic State which have a democratic system in theory.
Yes we do have General Election and Presidential Elections.But what most people do not know is there are many restrictions and Law that made it difficult for a this democratic system to be functioning.

The main point is a Functioning Democracy.

For example.The conditions to even consider eligible to become a candidate to contest in a PE is really ridiculous.

For GE i am sure many would have known.GRCs, Political Donation Act,A Banned on Podcasting during GE.The list just goes on.

Singapore have been de-politicised.

9th August should not be known as National Day,instead it should be known as
Independence Day (Hari Merdeka)

I am a Malay but Chinese and Indians are all my Brothers and Sister.We are all one as Singaporean

why? becasue the government cannot sort itself out as the opposition parties trying to undo the other. parliamentary sittings are exciting as they have a go at each other.

sounds like a Madoff Scheme..

Sometimes, I wonder if what people really care about is democracy? Or are they assuming democracy naturally buys what they really want? And will they get what they really want in the end?

I have a strange feeling that there might not have any much leftover anymore in our reserve after losing so much $billions, they may not be able to pay off those many folks who are reaching 55 soon, so this may be just another trick to push away their responsibility to the people of singapore and then to implement more and more other taxes to balance their books in time to come.

Ai Biah Jia Eh Ya

What an excellent suggestion ! Another OTC or JBJ from the opposition.

JBJ has granted your wish, you now have Kenneth J.
As for another OTC, you have to convince Leong Sze Hian.

Both gentlemen will be of great service if put in place to audit our reserves, which belongs to all S’poreans. And they can do much more without further elaboration.

——————————————————————————–

From The Newsroom Team

The CPF minimum sum has been INCREASED yet again to “adjust for inflation”. However, for some strange reasons, the Straits Times chose to omit the key word – “increased” in its report:

“From next month onwards, Central Provident Fund (CPF) members will see changes made to their Minimum Sum (MS), Medisave Minimum Sum (MMS), and Medisave Contribution Ceiling (MCC).

Starting July 1 this year, the CPF MS will be revised from $106,000 to $117,000. This will apply to members who turn 55 from July 1, 2009 to June 30, 2010.” (read article here)

The minimum sum is the amount of money needed to to be set aside in the Retirement account of Singaporeans after they reach 55 years of age before they can withdraw their CPF in one lump sum.

For example, if one has $118,000 in his/her CPF ordinary account, he/she can withdraw $1,000 in cash while leaving the minimum sum of $117,000 in the Retirement account.

In other words, if you do not have this amount in your CPF by the time you are 55, you will be at the complete mercy of the CPF Board to “dispense” your own savings to you monthly till the day you die.

To make it worse, if you are unable to set aside your full Minimum Sum in cash, your property, bought with your CPF savings, will be automatically pledged for up to half of your Minimum Sum. (details here)

How many Singaporeans can pledge this minimum sum to their retirement account by 55 years of age? It will be a interesting figure for us to find out.

The figures are computed based on the cost of living in Singapore. What if one decides to retire in China, Thailand or Malaysia? Can the sum be adjusted so as to free out more cash for retirees to enjoy their twilight years elsewhere?

The government has no business or right to withhold the savings of Singaporeans from them. These monies are not sitting idly in the CPF. Are they used by our Sovereign Wealth Funds in overseas investments, e.g. to bail out distressed foreign banks?

It seems like most Singaporeans will never be able to withdraw their CPF in one full sum unless they are filthy rich or they pack up their bags and live Singapore for good.[/i]

off course singapoor is world best
better than india or china
the government know how
to take care of you
and
YOUR cpf..
please worked till you dropped DEAD…

So when Singapore become a sovereign country, one would expect a Singaporean Singapore. Maybe it was when it first started.

Today, does anyone feel it is a Singaporean Singapore ?

Well, I definitely find the calibre of LEE BW stunningly high.
I regard her as setting benchmark for politician Calibre.
There are many many others hovering at her level. But in order to show my sincere admiration for our leadership, I shall talk about these next time.

I wonder how many talents we have on the bench at her level?

hmmm……