haha...I would say you got that partially right. At the end of
the day, whoever is in charge - opposition or ruling party - what
we socially paid out better comes back with returns of better
social infrastructures such as schools, quality teachers to churn
out better young adults, heatth care, and MOST importantly - our
cpf monies with interests when we retire!!!!
If we get monkeys to manage our economy, then I wouldnt be so
sure.
So far, no one had ever had any problems getting back their cpf
monies when due. Heard of any?
So I guess let things be the way it is and look at long term,
just as those who contribute their cpf back at the 60s couldnt
believe their eyes when they got money back with interest when
they grew old, so much so they spluge it on young nuble PRC gals!
Sheesh!
How else can the bankrupt mind of an X-rated kid work, except to
irresponsibly leave everything to be managed by others without
a second thought to the consequences ?
"what we socially paid out
better comes back with returns of better social
infrastructures such as schools, quality teachers to churn out
better young adults, heatth care, and MOST importantly - our cpf
monies with interests when we retire!!!!"
Can the X-rated kid appreciate the deteriorating state of
affairs in Singapore, and believe that "our CPF monies will be returned with interests
when we retire" ?
The CPF system was designed as a pyramid that need a
continuous supply of new contributing members to form the
large base of the pyramid - so as to support the
number of retirees withdrawing from the CPF at the top.
Can this model be sustained when the pyramid is inverted with a
low birth rate that continue to shrink the numbers
contributing to the CPF, and the large numbers of "baby-boomers"
from the '40s and '50s are swelling the number of retirees
reaching age 60 at this time and into the future ?
The reality is stark and the gloomy CPF picture was already
known as early as in 1984, when the Howe
Yoon Chong Commission (*1) had reported that the
withdrawal age for CPF had to be raised from age 55 to 60 - but
without the truth being explicit said about the CPF that will
scare the population.
Should Singaporeans not begin to ask why is the withdrawal age
continuously being revised from 55 to 60, from 60 to 65, and now at
one stroke to age 85 ?
Should Singaporeans not ask for the reasons why more
schemes are introduced that will see deductions being made from CPF
accounts, with dubious claims of providing income for old age
- when the deductions are making huge profit for the
organisations managing the deducted funds, and giving paltry
return to the CPF members ?
Should Singaporeans not express concern that a X-rated kid is
propagating the plagiarized false statement that it
is best for Singaporeans to leave others to manage
our CPF funds without any interference or oversight from the CPF
Members ?
" just as those who contribute
their cpf back at the 60s couldnt believe their eyes when they
got money back with interest when they grew old, so much so
they spluge it on young nuble PRC gals! "
Where did the X-rated kid plagiarize this statement from, and
will baldly spout "lies and half-truths" with such hollow outspoken
authority ?
How many of those who withdraw their CPF accounts had actually
splurge on the "young nuble PRC gals" that motivate the
X-rated mind to tarnish every retiree with a broad and slanderous
stroke of careless statement ?
Is this not another characteristic display of the
X-rated kid blindly copying from statement made by others, and will
then shamelessly paste it as his own ?