They ought to show their heartware - to be really concerned for
people's health, jobs, livelihood not to prove that NKF is not
their problem.
They created the problems of NKF, but they keep denying them. If
fundamentals are not addressed but only tempered with some
medishield and medicare, people will have to suffer big problems at
the end of their retirement years.
By deducting my medishield premium from my CPF, they are reducing
my retirement nesteggs and that is not what we want. They can
reduce their costs by not charging double on lands the hospitals
are standing on. Then medical costs will really and truly come
down.
When government keep collecting $500,000 - $800,000 per household
from big ticket items like housing and vehicle ownership, they are
creating surpluses from taxes especially when they also corporatise
all the services to enable them to charge higher fees and recover
all costs.
Surely when people have been paying so much and building up their
surpluses, the heartware surgeons among some of our best scholars
can tell the heartware solution is to use say 20% of citizens'
surplus amounting to $US150 billions as endowment funds to generate
secured returns in AAA investments to lower our costs of housing,
medical and essential services.
By doing the above-mentioned endowment, we will not end up as a
welfare state. By investing in Souzhou, Bangalore and Shincorp, we
stand a greater risk of losing our surpluses and will at the end
cause more NKF problems.
