10 Things Singaporeans Have To Worry About How The Government Uses Our CPF

Last week, I had written a two-part article which I had shown evidence of how our CPF is really being used which the government is not telling us. This is a very short version of the article, which you can read quickly through, to know what is going on. 

(1) Why did the government previously not admitted to Singaporeans on whether our CPF is being invested in the GIC and the Temasek Holdings but finally only admitted in June this year that our CPF is invested in the GIC?

CPF How It Works cropped

(2) Why did the GIC previously told Singaporeans that they do not know if they are managing Singaporeans’ CPF before June this year, as it is “not made explicit to them”,

photo 2 (17)

But then suddenly admitted in June this year that they know they are managing our CPF?

FAQs

(3) Why did the Temasek Holdings say that they do not invest our CPF,

Temasek doesn't invest or manage CPF savings

When it was revealed that the Temasek Holdings had used our CPF to invest in the past (our CPF was “co-mingled” with the Temasek Holdings)?

Developmental States  Relevancy, Redundancy Or Reconfiguration  - Google Books

(4) Why did the government and the GIC claim that the government does not interfere in the GIC’s decisions,

Ministry of Finance - Section I  What comprises the reserves and who manages them

FAQs (2)

When the Singapore government is on the Board of Directors of the GIC and the Singapore prime minister is the GIC’s Chairman?

Board of Directors

(5) Why does the government say that the President “safeguards” and is “entitled to all information” about our reserves and the CPF, but when President Ong Teng Cheong asked to know about our reserves in 1996, the government told him that it would take 56 man-years?

Ministry of Finance - Section II. What is the President’s role in safeguarding the reserves

(6) Why does the government say that CPF is not a “cheap source of funds” for the government when in 1983, the government had admitted that the CPF is a “cheap source of finance for the government“?

Newspaper Article - The dollars and sense of CPF

Newspaper Article - The dollars and sense of CPF (2)

(7) Why has the GIC admitted that, “Sustained balance of payments surpluses and accumulated national savings are the fundamental sources of the Singapore Government’s funds“,

FAQs (1)

But the Temasek Holdings claim that it “does not manage CPF savings (and) Government surpluses”? So, exactly does the Temasek Holdings invest or not invest our CPF?

FAQs - About Temasek - Temasek

(8) Why did the government initially admitted that our CPF is invested in government bonds which are invested “in reserves” but then deleted this information later on and hid this information?

Slide1

(9) Why did the government initially admitted that our reserves (which our CPF is invested in) is managed by the Monetary Authority of Singapore (MAS), GIC and Temasek Holdings but then changed this information later on and hid this information?

Removed reserves managed by

(10) Why do Singaporeans have one of the least adequate retirement funds in the world,

Slide54

But GIC and Temasek Holdings (which our CPF is and was invested in) are now ranked one of the largest sovereign wealth funds in the world, at 8th and 10th largest respectively?

Sovereign Wealth Fund Rankings   Sovereign Wealth Fund Institute

Do you see the discrepancies?

  1. Why did the government previously not want to admit that our CPF is invested in the GIC and Temasek Holdings but finally admitted this in June this year?

  2. Why does the GIC previously not want to admit that they invest our CPF but finally admitted this in June this year?

  3. Why does the Temasek Holdings tell us in June this year that they do not invest our CPF when they had used to invest our CPF?

  4. Why does the government want to remove the information that our CPF is (a) invested in reserves and that (b) our reserves are managed by the MAS, GIC and Temasek Holdings and hid the information?

  5. Why did the government not want to let President Ong Teng Cheong know how much there are in the reserves?

  6. Why is the Singapore government so rich but Singaporeans so poor? Why are the GIC and Temasek Holdings one of the largest sovereign wealth funds in the world but Singaporeans have one of the least adequate retirement funds in the world?

  7. Why did the government and GIC tell us that the government doesn’t interfere in the GIC’s decisions when the government is the GIC?

Why are Singaporeans allowing the government to bulldoze us with these discrepancies? Why isn’t the Singapore government transparent to Singaporeans?

Do you think something is terribly wrong with how our CPF is being managed by the government?

To read more and read the sources, you can read the two-part article on the 10 things the government needs to be transparent to Singaporeans about our CPF. Part 1 and Part 2 of the article can be read here. 

*****

It is clear that something is amiss in the management of our CPF by the government, the GIC and Temasek Holdings. There are still loopholes and discrepancies which the government has not addressed. This are important loopholes that the government has to acknowledge and speak up on, especially so since this concerns the retirement funds of Singaporeans.

What exactly is going on with Singaporeans’ CPF!

On 12 July 2014, an event will be held to discuss the CPF issues and the lack of transparency and accountability from the government and for Singaporeans to demand to the government to #ReturnOurCPF.

You can join the Facebook event page here.

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41 comments

  1. 10 Things To Worry - Seriously?

    Aiyah.
    Just worry about ONE thing good enuff already.
    Just worry about how to vote out PAP before Singaporeans are bankrupted by bad policies.
    I dun think we can afford such an expensive gahmen.

    • jasmine

      That’s right. That’s the most important in my mind now. How to convert more of my friends to vote against the PAP. Singaporeans need to send the PAP a strong and clear message that our trust cannot be taken for granted. The PAP government must not only do things above the board, but must be seen to be doing so. The first thing they must do is to revert the exempt status of Temasek Holdings and make it accountable for all its investments.

  2. landragon123

    In my view, we still need the PAY AND be PUNISHED for been too good by keeping a sick man on the THRONG? Get him out before we are bankrupted by his Army wife. When she lost $700Millions she was promoted to CEO. Now how much have she LOSS?
    I AM sure that we are losing Billions in our oversea investments and that was why Capital Land needed 4 cash calls in the last 2 years. Please tell us otherwise if what I wrote is not true and correct me as I AM learning how a relapse cancel still staying in power when his face is more like the dead sleeping in the coffin?

    He was cured of Cancer by meditation and are you still doing it?

    Thanks & Regards if there are respondent to this comment.
    Patrick Boo sent my best regards.

  3. jasmine

    Besides the CPF, I am also very worried about our Transport Minister, Mr Liu Tuck Yew, who doesn’t seem to know whose interest he should look after. Instead of controlling prices and improving the efficiency of our transport system, his main concern seem to be looking after the profitability of the transport operators and advocating fare increases.

  4. jasmine

    Is Mr Liu in the correct office? Maybe he should consider resigning and join his buddy at SMRT where his real interest aligns.

    • PAP Minister Does Not Seem CONsistent

      I don’t see how frequent increases in bus fares will help encourage people to use public transport.
      And encourage people to give up driving cars.

      • Frequent Bus Fare Increase - PAP Minister First To Champion

        What about frequent salary increase to pay for the frequent bus fare increase?
        Why no PAP Minister champion?
        We definitely cannot afford to support this PAP government anymore.
        We are being bankrupted liao.

  5. Frequent Bus Fare Increase - Where Is The Money Going To Come From?

    How are Singaporeans going to pay?
    Got frequent salary increase to help us pay or not ah?

    Money Saving Suggestion
    – vote out PAP and save your hard earned money

  6. Deaf Frog's toothpick

    very expensive car, cost millions, high maintenance cost, makes a lot of noise, gobbles a lot of fuel but is not very reliable and does not go very fast.

    u know what is the brand of this car?

  7. bbb

    Guys, you’re getting it all wrong. Your CPF money is invested in SGSS, which are basically treasury bonds. This investments are usually risk free in the short term, and subject to interest rate risk in the longer term. However, the fact is that when the money is in your CPF, you do not see the prices float, essentially cancelling out the interest rate risk. In other words, you are making money RISK FREE at a rate of 2-4%. Even when you put your money in a bank, you are at risk of a bank run, and the interest payout is much lower. Hope this put things in perspective.

    Does the investment returns/losses from GIC and Temasek threaten your CPF payout? The answer is no. Lets put this in context, the US government is running trillion of dollars of debt, even in the recent subprime crisis, but even then, the coupons of their T-bonds are still paid out on time. This is because the government GUARANTEED the bonds. This is the same as the SGSS. Even if GIC and Temasek make losses, you guys continue to enjoy your payout. There is one possibility of the citizens not receiving any payout, and this is in the event of a default.

    In the recent European financial meltdown, Spain, Greece and Portugal were on the verge of bankruptcy, and yet they did NOT default (they were bailed out). At that point in time, Singapore’s unemployment rate was still extremely low, when a huge part of Europe was jobless. The bottom line is, Singapore is UNLIKELY to default, and if the economy is performing poorly, there is still the age old trick of printing more money to pay off their debt. (You’ll likely lose the buying power in your CPF since this causes inflation).

    • Deaf Frog's toothpick

      @ bbb

      pls educate yourself first before starting the cycle of blind leading the blind.

      the CPF funds are not “risk free”, there are:

      1. policy risks, because CPF unlike bank fixed deposits CPF changes the “terms and conditions” of the funds from time to time, account holders do not even have the option but to accept. fixed deposits can be withdrawn at any time by paying a penalty.

      2. Since CPF interest isn’t pegged to inflation, then we are basically facing inflation risk. When inflation is higher that interest, basically we are getting negative returns.

      3. a guarantee is only good when the party issuing it remains in existence. if SWFs makes a series of mistakes, nobody will bail u out and we cannot print money like the US.

      • bbb

        Hi Deaf Frog,

        You have a point. In finance, the term “risk-free” is used when the risk of default is negligible, and this is considering purely the financial rate of return.

        1. Inflation – you correctly pointed out that inflation would erode the value of your CPF. However, inflation is a phenomenon that is prevalent throughout the economy. Assets that allow you to hedge your net worth against inflation are few and far in between. In Singapore for example, we do not issue inflation-linked bonds like the US. Even if they do, the premium for this bonds are likely to be incredibly pricey. One asset that is likely to protect your value from inflation is property, and your CPF can be used to finance your property purchase. If you seek higher returns, there are approved investment vehicles that you can invest your CPF funds in. Of course, you are subjecting yourself to a higher risk when you are seeking higher returns.

        2. You correctly pointed out that the US currency is the world’s reserve currency. However, economics today is evolving, and we are seeing traditional monetary policy take a back seat as countries lower interest rates. The US is not alone in printing currency – Japan has their own version of quantitative easing as well. Ever since the world is taken off the Bretton Woods system in the 1970s, currency value is backed by the government’s promise (google fiat money). Singapore can print money to meet their obligations, though this would come at a price of rapid currency devaluation and over-inflation. That said, this is a worst case scenario.

        3. You are perfectly correct to say that a guarantee is good only when the party remains in existence. However, the party we are talking about is a country. If Singapore ceases to exists, aren’t we all fucked anyways?

      • Deaf Frog's toothpick

        @ bbb

        lets be reminded, if history is any guide, every fiat currency since the Romans first began the practice in the first century has ended in devaluation and eventual collapse. I am a pragmatist.

        let me note that in your original propaganda, u wrote RISK FREE and GUARANTEED in capital letters.

        this is not a contest of opinions over the definition of risk within or outside financial literature, you are doing theory, I am a pragmatist.

        as far as i am concerned there is no such thing as “risk-free” in any terms, i understand the finance industry enough to know how those who operate it would like it to work, toxic assets of the 08 US-subprime crisis WERE triple-A.

        financial jargon > generous self definition of jargon > rubber stamp.

        let there be no hypocrisy about it, the only entity that can give a real risk free guarantee is the one that can emerge victorious in a world war.

        now lets examine the outcomes of:

        1. the original “1.” Policy risk – no answer.

        1. suggestion to pursue property investment implies that CPF is inadequate when it comes to inflation risk. end of story. lets just say that you are not very efficient with your words.

        2. longwinded grandma sob story that does not change the possible outcome.

        3. IF Singapore cease to exist, we do not have to worry abt anything, but if the SWFs cease to exist perhaps thanks to Nick Leeson II, or a series of miscalculations while Singapore remains, thats when we have a problem.

        4. Fiat currency is not backed by “promise”, don’t be naive. a more accurate word would be “faith”, ultimately faith is backed by something (read confidence), when faith fails – force.

        as Krugman adequately puts it: “Fiat money, if you like, is backed by men with guns.

        the sooner u learn this, the better for u.

    • The Oracle

      @bbb

      Roy’s follower’s are generally not concerned with the “facts”. They just want PAP out so will believe any anti-government “facts” that suit their cause.

  8. hellosgreans

    Guys, you’re getting it all wrong. Your CPF money is invested in SGSS, which are basically treasury bonds. This investments are usually risk free in the short term, and subject to interest rate risk in the longer term. However, the fact is that when the money is in your CPF, you do not see the prices float, essentially cancelling out the interest rate risk. In other words, you are making money RISK FREE at a rate of 2-4%. Even when you put your money in a bank, you are at risk of a bank run, and the interest payout is much lower. Hope this put things in perspective.

    Does the investment returns/losses from GIC and Temasek threaten your CPF payout? The answer is no. Lets put this in context, the US government is running trillion of dollars of debt, even in the recent subprime crisis, but even then, the coupons of their T-bonds are still paid out on time. This is because the government GUARANTEED the bonds. This is the same as the SGSS. Even if GIC and Temasek make losses, you guys continue to enjoy your payout. There is one possibility of the citizens not receiving any payout, and this is in the event of a default.

    In the recent European financial meltdown, Spain, Greece and Portugal were on the verge of bankruptcy, and yet they did NOT default (they were bailed out). At that point in time, Singapore’s unemployment rate was still extremely low, when a huge part of Europe was jobless. The bottom line is, Singapore is UNLIKELY to default, and if the economy is performing poorly, there is still the age old trick of printing more money to pay off their debt. (You’ll likely lose the buying power in your CPF since this causes inflation).

    • Deaf Frog's toothpick

      @hellosgreans

      US owns the printing press for the world’s reserve currency, to put it bluntly, their credit worthiness is back by their military might. even if the US blatantly do not want to pay back any debt, what can the debtors do abt it? nothing.

      we are just a small dot, u want to compare with US?

      Spain, Greece and Portugal are in the european union, those counties that lend to them either have to bail them out or allow them to leave the EU, and when that happens, the money lent to them before that turns to dust.

      we are a small dot, nobody is going to bail us out for free, u want to compare to the european countries?

      and there are some usual suspects who might want bail us out, or to put it more accurately – exploit us.

  9. Frequent Bus Fare Increase

    Why am I not surprised?
    Whenever a PAP Minister has a problem.
    The solution is always to ask Singaporeans to pay more.

    Why are buses so crowded?
    Because PM Lee must have his 6.9 million population.
    And how to accommodate PAP’s 6.9 million population into our buses?
    Increase bus fare.

    Do you think you will ever hear PAP say;
    Singaporeans need frequent salary increase to pay for frequent increase in bus fares?

    • Deaf Frog's toothpick

      we are using current taxpayers money to fund infrastructure for immigrants who do not necessarily want to sink roots here, some are here just to hitch a free ride and use sg as as a stepping board to elsewhere.

      i am very unhappy when the government did a direct fund transfer to a publicly listed transport company for them to buy buses, how can a government do a cash injection into a company which pays dividends to shareholders on the market? free capital expansion fall from the sky funded by taxpayers?

      then they did something which makes me even more unhappy, the bus segment of a transport company is not making money, but the train segment is making money, on the whole the company is still making money, but rather that letting the two segments even it out, the government actually allowed the company to amputate the segment that is not making money and transferring it to the government, now it is implied outcome is either the taxpayers or the consumers have to pay more. this is shocking as far as i am concerned.

      • The Oracle

        But what about the taxes the foreigners pay, or the employment levies raised on them? Surely these monies also build the roads, etc.? Then, when they leave, we get the benefit. Don’t just present one-sided “facts”.

        As for the buses purchase, it was all done openly. Government picking up the capital expenditure is in line with keeping public transport fares lower than they would otherwise be – the same is done for the MRT (with construction and trains paid by the government). We could argue a better model might be to “lease” the buses out cheaply rather than just give money for them to the company, but that is detail rather than substance.

        Overall though, the majority and especially poorer people benefit from cheaper public transport.

      • Deaf Frog's toothpick

        @ The Oracle

        PTC BUS FARE REVISION
        on 6 Apr 2014
        4-6 cents increase in adult card fares and 20 cents increase in adult cash fares
        2-cents increase in student card fares and 10 cents increase in student cash fares

        on 8 Oct 2011
        2-cent increase in adult card fares
        10-cent increase in adult cash fares

        Transport Minister Lui Tuck Yew said in parliament recently that “Having regular fare increases is one way to ensure the financial sustainability of the new bus contracting model”

        in parliament Chris De Souza asked Mr Lui how he intends to keep this endeavour financially sustainable in the long term.

        the PAP MPs understand what it means when the government take back the loss making bus services from the transport companies, and you are here acting stupid and playing to the gallery.

        what “cheaper public transport” ? please prove what u claim.

        u seems to enjoy contradicting the outcomes we observe in our daily lives and official literature, maybe u think u r running this country?

      • The Oracle

        No I just enjoy winding you up as you are so blinkered in your thinking – it is easy to prove you wrong again and again.

        And I’ll use the example of London that I’m aware of where it costs several times more than Singapore to travel a few stops on their Underground system. Westminster to Liverpool Street (Zone 1 single journey cash fare) is STG 4.70 – that is $10 for a single journey in Central London! QED

        What do you expect? No price rises at all, ever? If bus drivers and the rest of the public transport employees are to be paid more, the money has to come from somewhere. You can over-squeeze the transport companies or the government pays more (it already covers most/all capital costs) or the traveler has to pay a bit more.

      • Deaf Frog's toothpick

        @ The Oracle

        i have no problems with price increases. I am just pointing out that you blatantly state a falsehood which is contrary with reality.

        other silly comparison again, u r saying if your penis is 1cm at max erection, it’s ok because a hamster’s penis is worse than u.

        what is the minimum wage in UK?

  10. LC

    BBB, i think you have good intentions at trying to explain the situation. If we look carefully at the facts at this blog. It is very obvious that those who condemn the CPF system, or whatever unhappy about the returns does not have basic understanding of finance. So it is basically “playing piano to a cow”. It is downright stupid to write blogs like this when there is no understanding of the real situation. The more he writes, the more it shows how unintelligent this person is. Of course there will be followers of this blog in replies, views and also those who turn up at Hong Lim park but again this might sway away from opposition because do we really want Roy in the parliament? If what he said is “so right”, why is there no one opposition party who stands out publicly to defend him. Singaporeans education has gone up over the years, they are exposed and well informed enough to make wise decisions come 2016. The solution that we are seeing from Roy; to summarize simply: ” why why why? why are we not spending enough? why is this? why is that? It all boils down to spending money to make people happy. Is that what we really want? We have one of the lowest employment in the world, healthy job creation, GDP growth (perhaps some people don’t get to enjoy the gdp growth, yes we know and the government is aware), we have built up a war chest in GIC + TH of 500b for singaporeans in over 50 years. Do we really want to change things and destabilize the country.

    Food for thought. 🙂

    • Is PAP Capable Of Making Singaporeans Happy?

      ” It all boils down to spending money to make people happy. ”

      ROFL.
      Nobody will ever accuse PAP of spending money to make Singaporeans happy.
      Making Singaporeans happy is beyond PAP’s competence.
      PAP has neither the inclination nor the desire to make Singaporeans happy.

      • Regime Change For A Pro Singaporean Singapore

        Old man already said in past interview, policies will not be adjusted/ changed/ adapted to pull the lower strata of society along the national progress.
        He unapologetically said he is prepared to lose those votes in elections. So be it.
        SOURCE:
        ( YouTube: Lee Kuan Yew Interview – Hard Truths To Keep Singapore Going- Hot buttons Topics
        http://m.youtube.com/watch?list=PLF9ULsaqSSrpk7PkU1OcZV2OajK3Y2GaZ&v=ihiE4oGyYlQ )

        Please see at 28 min 30 second EXACTLY what he said.

        Nothing will change until;
        a. LKY dies …. AND
        b. PAP loses 5 GRC to the pro-Singaporean parties

        You gotta ask yourself.
        Is this a dysfunctional country?
        Where nothing can be changed until an old man dies.
        The entire Singapore.
        Sitting around waiting for him to die.

    • bbb

      LC

      You made a great point. As the world sunk into one of the worst financial doldrums in history from 2008 – 2010, our unemployment rate maxed out at 3.5%. Meanwhile, up to 40% of Spain was unemployed. This is exacerbated because their minimum-wage social safety net broke down during the recession – businesses can only hire so few workers at the minimum wage and still break a profit. Meanwhile, most Singaporeans continue to earn a stable income, and consumption in Singapore remained strong. Many took for granted what they were blessed with.

      That said, this is probably my last post on this site. 🙂

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  12. Deaf Frog's toothpick

    the low interest rates causes overheating in the property sector, rising property prices seep into the cost structure as landlords demand higher rents and individuals demand higher wages so that they can afford to buy homes.

    the property developers and the rich which can afford to speculate in multiple properties have a great time rolling in the profits, while contributing to the widening wealth disparity.

    then we unrealistically expects our own locals to service a 6-digit mortgage for a leased roof while working at the same pay as a FT who rents or live across the causeway at a lower cost of living and have no intention of retiring here (therefore also having lower retirement and medical cost)

  13. Chris

    @roy
    Omg, it seems u and ur friends r having a field day talking amongst urself to booster each other points.
    I just find u and them pathetic.
    Anyway, I truly look fwd to ur trial.
    Remember dun run away…

    • Deaf Frog's toothpick

      @ The Oracle

      a) Official literature 1 (FAQ on Temasek’s website):

      How does Temasek fund its investments?
      Temasek investments are financed using dividends and other cash distributions it receives from its portfolio companies and other investments, divestment proceeds from sale of its investments, and borrowings and debt financing sources such as the Temasek Bonds and Euro-commercial Paper Programme.

      vs

      b) Official literature 2 (the straits-times link u posted):

      The Ministry of Finance (MOF) has revealed the sources of the $5 billion in fresh funds that it injected into Temasek Holdings in its latest financial year. The additional capital came from proceeds from the Singapore Government Securities (SGS), as well as government budget surpluses and the proceeds from government land sales in Singapore, the Ministry told The Straits Times on Wednesday in response to queries.

      which is correct? are you trying to show that (a) contradicts (b)?

    • Bad PAP Policies or Bad PAP Communication

      PAP and PAP fan boys think the problem is communication.
      Pro Singaporean voters think it’s bad PAP policies.

      • Deaf Frog's toothpick

        @ Bad PAP Policies or Bad PAP Communication

        let them think what they want, if it’s a communication problem, the fans are part of the problem and they are actively contributing to the problem, thats the funniest thing abt them.

        we should not try to stop them, let them alienate all the neutrals with their ridiculous attempts at silencing discussion.

  14. landragon123

    BBB, stop posting as you sound to be a P AND P, or trying to look like one? Our Finance just came out to defend the CPF and claims 2 to 4 percent is one of the best. We never doubt that it is good. But my point is no how much interest we get but the interesting going on in the sick government doing such stupid THINGS – Let me name a few as an eye opener:-
    1. Moping floor in the MRT stations and at the Bus Interchange?
    2. Washing roads and corridoors when there is no rains and we suffered the worst draught in history?
    3. Trying to kill mosquitos for the last 7 years when only 7 people dies of Dengue. Then tell a LIE in the parliament that the PAP now intend to wipe out the Mosquitos with a new invention, to inject the male and made sure there are no future generations of mosquitos. If my mind did not failed me this story or invention was in the news about 30 – 40 years ago.
    A chemical was use to kill white ants but to kill mosquitos was rejected by governments of the world or maybe the chemical was never product???
    4. Killed hundreds of trees when a tree killed a lucky man at Bukit Batok natural reserve and N Parks start cutting the same types of trees in the Bukit Timah areas and whether in other areas I AM not sure.
    5. SMRT is Singapore Most Retarded Teams. I have told them the train have only 1 moving part and to change all wheels of a train at one GO. There blame the track for the noises and started changing the tracks. After their is fail as the welding cracked. There switch their attention to the Sleepers and announced that Sleepers will be old when a train is in operation for 20 -25 years. A pack of lies. Now ask the Malaysian and Kereta Api whether there changed their sleepers in their 100 over years of operation?
    6. The Elevators have to shut down for 2 to 3 weeks when there is a repair and I told them it is a ONE day job and there call and said it is not possible as there have to sources for spare parts. WHAT a laugh stork to say such STUPID things???
    7. Top securities for all over Singapore, spending monies like there are all falling from the SKY. With these securities in place, we have 5 instant of people driving through the causeway which never happened before. We let off one terrorist and never caught one but add securities are now at the bus interchanges. I ask the man there, Have we in Singapore caught any terrorist? No none and all terrorists in prisons are sent by our neigbours to keep for them as keeping them we needs to feed them and our government thinking keeping them is a FEATHER in their empty HEADS.

    To continue I will have to take leaves, so let it ends here and please correct me where I went wrong and if our future PM can comments, there will be nothing better.

    • The Oracle

      1) Public Hygiene
      2) Our drought is still not real drought – nobody had water cut off.
      3) Read about genetics. 30-40 years ago the proposed solution was chemicals. Now trials have shown the mosquito population can be controlled by releasing males that produce offspring that can’t fly, etc. – several companies are working on different versions of a solution like this. I’m not sure it can wipe out all mosquitoes but it can certainly help control the population.
      4) Public safety. You’d be on here complaining otherwise about NParks not cutting trees!
      5) You seem to know better than all of SMRT – what happened? Why are you wasting your time on this blog rather than running the best transport system in the world?
      6) Blame companies like Otis for this. They deliberately keep low stocks to keep costs down then charge a fortune for repairs and make us all wait. I don’t think there is a Singapore lift company!
      7) Mas Selamat? Haha, OK, bad example.

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