I just couldn't stand this amazing diatribe that forumers here
put up.
1. Ordinary people like ask aren't concerned over the
garguantuan paranoma view of a fantastic economic growth potential.
We call it 'heck care'. What we are more concern, is, our tangible
and intangible wellbeing such as stress levels and quality leisure
time. What's sats and suns? crowded and noisy. is it really quality
leisure?
2. In my opinion, CPF has lost
its primordial functionality as a tool for saving for old
age. It has been relegated into a tool of the diabolical
government, who deprive us the right
from the freedom of the use of our salary and also
deprives the employers of additional private investment they can
undertake to help combat their so-called macroeconomic ills of
unemployment and others. Abolish it! Save the administrative hassle
and the trouble of remembering so many darn policies that the man
on the street wouldn't even bother remembering. The contribution
rates vary each year and it has become another stupid textbook
subject for the people of the land.
3. Why then, hoarding money, according to AndrewPKYap, would not
work? For one, what's the proportion of money we can hoard (let's
assume 100% of us will) to the amount the
international financing can offer? It doesn't work. Besides,
with the CPF system reserves and our foreign exchange reserves, the
demand could be easily supplied. Basically, it wouldn't work.
Second, if hoarding money is for political ends, the government
could easily counter the effects by flooding the market with cash,
causing inflation and reducing the value of your money. Although
other macroeconomic ills could arise. They would effectively crush
your political motives via such a policy.
4. I do not profess a religion but I do believe in God. Religion
is simply a form of theology per se, in my opinion and a
functional group for social activities. I am quite disturbed
on the rise of many Christians groups, with a sole purpose of
profit-making. Some even engage with groups like Capitaland to
construct mega projects of half a billion in some places. Question
to the religious: is your token to God a token to Him or the lesser
mortals?
5. If our exports fall, we most probably have a consequent fall
in our imports. More of importance is 'net exports'. Not
exports.
6. The stock market fluctuates. There's no such thing as 'news'
or 'events' that will gravely shock the stock market. It is a
totally random market. However, there're exceptions like 9/11 which
may cause some 'panic' of war or something.
7. Foreign workers are indeed a huge competition to local
employment. They suppress your wages (wage ceiling) by distorting
market signals. But one good outcome is companies will stay here
due to relative lower wages. Instead of retraining and all the crap
and nonsense. Extend a wage subsidy to all Singaporeans. Use
the additional income procured from the foreigners we allow in to
be used as a wage subsidy. The lower income Singaporean can get
let's say $300/mth wage subsidy. With income of $1000, that's a 30%
boost to their incomes. Highly paid locals would not bother much,
but this will reduce the xenophobic tendencies we tend to exhibit
here. We call Chinese Nationals 'cina, zhong guo' and most
South Asian workers 'bangla'. Such excluding and derogative tone,
in my opinion, would not do well for the nations.
8. In my opinion, I find Lee Kwan Yew one of the most astute
politicians of all time. He survived much vissicitudes. He
establish the law and order of the land. Our water is the best in
the world, no doubt about it. In fact, Malaysia's facing drought.
Ironic. Conversely, Singapore has adequate reserves of water
and might even sell water to many parts of Malaysia in the future!
Our shit water goes there! Don't forget we aren't in some arid
environment. We're in a tropical environment where water's supposed
to be plentiful. Under Lee, we had no GST! The beautifying of our
urban landscape is a huge contrast with other nations where rubbish
and ugly concrete is ubiquitous.
8a.To be fair, the current administration is more slack and
Straits Times even reported of people eating in MRTs. Litter is
acceptable now. Where's the CWO? Why rubbish's ok? Where's the
police patrols? They seemed to have disappeared. We aren't overly
reliant on the government! They're overly reliant on us for their
salaries!
