Malicious Propaganda against
Singapore.
I met a guy who always complain about life of Singapore. So I
ask him what was the ACTUAL reason for his hatred.
He: I am not complaining. I love Singapore.
This is my home. All that I am doing is only to make it a better
place for all!
Me: It's
comprehensible if you are just frustrated with your life, which is
your own doing, and resorting to venting it out.
But you mean by complaining and spreading demoralizing lies with
half truths, without fully exploring why certain things need to be
done to ensure survival, is HELPING the country and society??
He: How much is the ruling party paying you to
tell me this?
-------------------------------------------------------.
Complaints often
heard:-
1. CPF is another scheme to suck the people
dry.
Reality:-
A guy starts work at 21 years old. Salary $2000. CPF
contribution from both him and his employer = 30% - $7,200 a year
in his account earning 4% compounded.
By the time he reaches 55 years, he would have an est $520,000 to
draw from.
If he saved at home $7200/yr he would only have $244,000 per
year.
But leaving it in CPF, he would have an additional $276,000, and
would have used it for a better and noble cause - to help elevate
our society as our forefathers had selflessly sacrificed for our
todays, as we must do the same if not more for our next
generation.
This sample does not take into further profit he would gain if he
uses such funds to purchase property or his salary or promotion
remains stagnant.
(this is only a sample liner calculation. If anyone wants to
nitpick, please go to CPF board.)
2. CPF interest is peanuts
Reality:-
If CPF $276,000 worth of accrued interest is peanuts, then the guy
who said it must be a multi billionaire, and dont need the money.
Please donate it to charity.
3. it is highly probable that the government will stand
to profit from the cpf life scheme with more people dying before
collecting payouts. since the amount of money pledged will not go
to the beneficiaries, the money will go to the government
instead.
Reality:-
CPF
life scheme is but an insurance cover, and like any insurance
covers, it is dependent on a large pool of funds to give payouts.
Thus, if one dies, the payout stops, and is only fair, for such is
the risk. The fund is nobly meant to take care of the aged, and its
fund comes from the PEOPLE. There is absolutely no reason to
bequeth such funds to the next of kin
The PEOPLE stand more to lose, because life expectancy is expected
to rise with advancement in scientific research. When more will
live beyond 100 yrs old, the fund will be in danger if further
payouts are required, thus stressing our contributing members
more.
Make no mistake, the balance payouts for one who dies does not go
to the govt. It goes back to PEOPLE. CPF is the PEOPLE's fund, and when
due on schedules, to be returned with interest
4. CPF funds are freely gambled away.
Reality:-
Assume a million people contribute $7,200 each a year to CPF =
$7,200,000,000
Interest the govt has to pay at 4% = $288,000,000
The govt's CPF board is not an invesment company, thus it assigns
GIC to seek out safe, blue chip strong companies to invest in, not
cowboy style, but just a realistic and safe figure for example at
6%
At 6% dividens earned a year on $7,2 billion = $432,000,000
With capital still intact to pay back members anytime, and after
deducting the 4% interest owed to CPF board, GIC will still have
$144,000,000 - and it will be this sum that is used to built
schools, pay for defence, offer healthcare, etc, etc, combined with
other tax revenues collected in that year.
All investments come with risk, or there will be no returns. The
only solution is to minimise it by getting the best brains and
team to manage our funds. Baring global catastrophies such as
the current financial crisis, on the whole, GIC had done well with
its accumulated returns saved for rainy days.
And that's just based on an estimate fig of 1mil people. There
are more than 3mil working adults today, so guess how much is
actually there to protect our citizens.
Remember always,
we have no oil wealth or mineral resources to depend on, except
ourselves!
5.Life expectancy here is expected to shorten due to the
claustrophobic condition
Reality:-
Claustrophobia is a only a mental condition, borne out of self
centredness and the selfish unwillingness to share space.
6.35 years old citizens below cannot buy HDB flats, but
PRs can buy with brother sister combo.
Reality:-
Irresponsible
lie and half truth to mask a hidden agenda within a sentence. 35
years old and below citizens cannot buy flat but can do so on a
brother sister combo as well.
7. HDB flats are expensive
Reality:-
Go buy
private housing then. Why does a car cost only $21k in Japan but
need to cost $80k here? Why do other nations people live mostly in
detached houses, yet we live in boxes in the sky? Why is oil only a
few cents in the 20s yet it's $2 a litre now? Why is a construction
engineer's pay only $1000 in the 60s, but avg $4000 now? Why, why
why???
8. Foreigners hanging their flag in Singapore.

Pic
Reality:-
Provoked
so much, is the emotion real? If real, then where was
your flag on National day????

http://www.freeimagehosting.net/image.php?5bd5b6cfe5.jpg
I encourage all to be more discerning. There is nothing wrong in
whinning or venting. It only shows your own pettiness. It's ok to
be ignorant. It's also ok to complain but hopefully it can be
backed up with credible solutions.
But to lie, twist and turn events/circumstances with half
truths are malicious acts against to our society.
If anyone has any evidence or wrong doing of the govt, or ruler
party, by all means show it or report it to the relevant
authorities. There is no need to spread rumours or lies for one's
hatred. The consequences will end badly on society, seldom on the
monger.
So many logical fallicies and generalisations and
misconceptions throughout the whole post that I do not know
where to start...

