Olliechong
The grand plan of things concocted more than 30 years ago was this
-
Entice investors to set up factories in Singapore, provide
jobs.
Set up a free-fund-for-Government, call it CPF.
More jobs means more money for CPF.
This is what our Government meant when they kept telling us WE HAVE
THE RESOURCES - endless resources! It used to be so long as
Singaporeans are employed CPF will grow. It did grow - too much and
too fast. Now it doesnt matter if Singaporeans are employed or not
because FT also contribute CPF moneys.
CPF fund is now TOO BIG to leave it alone. So Government invests
and spends it - before CPF becomes a big economic headache.
Our crop of leaders are neither exceptionally brilliant people nor
great scientists like Koreans, Japanese, Hongkies or even Chinamen
- who invent and sell their inventions. Anyone can do what
Singapore ministers have done -
use the enormous CPF to invest overseas, buy companies overseas....
and make more money. It;s so easy, because of this free flow of
money - OUR CPF MONEY!
Are our often out-of-touch ministers grateful that Singaporans are
providing a constant free flow of money to them - to invest and
gamble in overseas purchases
I
DONT THINK SO 
Just look around you, we owe HDB huge sums, PUB rates are
questionably high, education is not cheap, looking after children
is expensive, hospital fees are OUTRAGEOUS, 100,000 unemployeds...
..the list goes on...