The the garmen also cannot suka suka take money from CPF acct.
when they need it lor.
Majority of sg-rean cant do that. So CPF acct. should be made
that NO ONE incl. garmen can take any small % away, even for garmen
use. Thats why we have taxes.
I don't like it as much as you do that someone besides me can
touch my money and use it for god knows what projects.
But i accept that Singapore has no natural resources, and thus
cannot generate revenue by virtue of nature. We can say that
oh Singapore sustains itself on port duties but we're only
attractive as long as our infrastructure is advanced enough to
refuel/resupply/reprocess at a reasonable speed.
Where would the money for all this come from? We have
uninterrupted power and water supply, a reasonable public transport
system and education for all. I have rushed twice to SGH in the
middle of the night and both times were attended to promptly.
The PAP may laud that they have excellent talents in the
government, but these talents are useless without the resources.
They may handle the resources efficiently, but cannot
create them out of nothing.
At the core of this, is the CPF.
It's to me, a milder form of communism. But
i definitely feel more comfortable with it, then consider the
possibility of what would happen if the Singapore government
borrowed from foreign banks to pay for all that we enjoy
now.