Friday, February 22, 2013

The truth about the Silver Tsunami and Supporting our elderly....

During his speech at Hong Lim Park on 16 Feb 2013, a very energized Leong Sze Hian lambasted the White Paper for its claim that the large foreign influx is needed to support the elderly in Singapore so that they can have a better life:

"I tell you that the very basis of the white paper is wrong. Because it says the population is aging, people are not producing babies that is why we need immigration. You know what’s the problem? In the developed countries they have this problem, why? They have pensions, cost government money. Do you have pensions?
Is your CPF your own money?
In the developed countries, they have universal healthcare. Do you have universal healthcare?
The development counties have welfare, do you have welfare?
So what is the problem with the population aging when the government is not spending any money on the aging population?"
- From The Online Citizen[Link]
Under the PAP system, the elderly takes care of themselves with whatever money that have saved up while working and the amount they have accumulated in their CPF. When they retire, they have no income unless they are among the minority who have done so well  that they have sizable investments and assets that yield a good return. But for most people, all they have are their savings and CPF to live on when they retire. Their biggest concern is the rise in the cost of living and cost of medical care.

"According to a latest study by HSBC, the citizens of this country, which has one of the highest per capita incomes in the world, face the grim prospect of running out of their savings almost halfway through retirement as the high cost of living and increased life expectancy eats into their nest egg.


Singapore has gradually moved up human resources firm Mercer's global rankings of the world's most expensive cities, moving to sixth place in 2012 from eighth in 2011 and eleventh in 2010." - CNBC Report 
The real problem with retirement is the rising cost of living. So what has driven up the cost of living? One of the factors is overcrowding caused by the high foreign influx - this high population density pushes up the cost of everything from housing to rentals to the cost of private transport. The PAP proposal to import more people in the coming years is will hurt the large number of Singaporeans who are retiring as part of  Silver Tsunami. The White Paper claims that more foreigners and a higher living density will lead to better quality of life is not . Actually I don't have to waste any more bandwidth to explain this, because we already see many of our elderly right now suffering from the high cost of living resulting from PAP policies.

When people are hurt by the consequences of the PAP policy, what is actually on the mind of the PAP leadership when people fall into hardship? Suppose due to high inflation rate of 4.5%, you are a retiree finding it hard to cope in the 6th most expensive city in the world because as a wage earner during your working life you earned nowhere near the 6th highest salaries in the world for your profession - this is true for many today who will retire as part of the Silver Tsunami because we have the 2nd largest income gap (sometimes largest) in developed world and a 3rd world wage structure..,..much of this due to the policies of the PAP...suppose you seek help when you find you can't cope through no fault of your own. 

I would like thank, PAP member Victor Lye, for his frank and honest Facebook posting of what he thinks when people come to him for help during MPS. In case you don't know who Victor Lye is, he is a  member of the PAP tasked to win back Aljunied GRC[his impressive resume, a speech he gave].  He is the head of PAP's Bedok Punggol branch. I truly appreciate Victor Lye's honesty given the White Paper's hazy unsubstantiated promise of "better support and better quality of life" for elderly Singaporeans if only we allow the foreign influx to continue.

Here is what Victor Lye said:



PAP member Victor Lye did not sugar coat or fudge what he really believed to make it acceptable to ordinary Singaporeans.  Please read what he wrote a few times so that you understand clearly what he means. Whatever the consequences of PAP's economic policies, at the end of the day, you are responsible for your own retirement. If your financial situation makes it hard for you to stay in high cost Singapore, then you should adapt to that situation by moving out. The PAP is not going to hand out "goodies" because it cannot "afford" it. So you're are very much on your own...if you have a HDB flat, sign up for the lease-buy-back to get some money from it - when you leave this world, the bulk of what you worked for goes back to the govt and you leave nothing for your children. This is the reality right now when our old age support ratio(OASR) is near historic high at 9.8 (it will decline towards 2030) and the govt surplus is $5B. There is little govt support now and there will be little govt support for those retiring in 2030 under the present system regardless of OASR so the argument that we need to bring in foreigners to support our elderly is bogus.

That the PAP does not believe  in the increased sharing of financial burden of caring for the old is clear over the years - if you still believe the PAP's rhetoric of being compassionate and caring towards the old because you see our PM giving out a few ang pows to the old during Chinese New Year...good luck to you.  In the past, when the cost of living was contained....  Singaporeans could pay off  housing loans within 10 years and accumulate CPF funds and savings for retirement  so they bought into this idea that everyone should takes care of their own retirement with money they earned while working. The conditions under which this philosophy was accepted by ordinary people was never preserved. After the financial burden of caring for the elderly was shifted to individuals and their children (by way of Maintenance of Parents Act),  we saw, as a result of PAP's economic policies, the huge rise in cost of living, stagnant wages, structural unemployment , income gap, rising cost of medical care etc that hurts the financial ability of Singaporeans to retire. The pro-business policy of allowing cheaper foreign labor resulted in a wealth transfer from wage earners to corporations. The PAP is now pushing for a continuation of the current economic model and policies.

In the coming decades, more Singaporeans will reach retirement age without the financial ability to retire comfortably due to our 3rd world wage structure and high cost of living - a consequence of PAP policies. But like Victor Lye so honestly explained, the PAP view is that those who are not rich should adjust to a lower a quality of life and if necessary, leave the country to stay in a cheaper place. This is the only way to be consistent with PAP's ideology and its resultant policies. We are told often the PAP approach is the best for us and is the only way to sustain our nation. If you choose to accept this, the outcome is all laid out as Victor Lye has honestly described. If you choose not to accept this, you cannot squeeze an alternative from the PAP because such a solution is likely to run counter to their ideology and the PAP leadership will never believe it can work even if there is overwhelming evidence to support it. For this reason, the PAP has lost its ability to solve problems faced by Singaporeans. As the problems mount, the PAP solution is actually a non-solution, they will simply tell Singaporeans to live with it and solve their own problems. 

Singaporeans can dream of fairer wages for their hard work, a proper retirement, better quality of life with less stress, affordable heath care and housing, higher equality, ...but year after year, the problems that Singaporeans face just get worse despite paying our political leaders the highest salaries in the world to solve these problems for us..not only are they not solving these problems, they are starting to sell us ideas that will clearly make all these problems worse and packaging them as solutions to our problems. If the PAP has other overriding considerations such as the perpetual need to attract foreign capital, generate economic growth and they really have no fundamentally different ideas of how to run this place other that those they have executed, it is better for them not to fudge the outcomes and create false expectations. That many Singaporeans face the risk of a poorer quality of life because the PAP does what it believe is the best way to sustain this city-state, should be honestly presented to us instead of a fairy tale rising quality of life that we will never experience. The PAP often does this to sell its policies and when Singaporeans experience the opposite trust is eroded. 

When the PAP started importing foreigners, they sold the policy by telling us that foreigners are here "to create better job opportunities for Singaporeans", Singaporean workers experienced the opposite of this. There has been intense competition for jobs and downward pressure on their wages. We are now told the proposal in the White Paper will elevate the quality of life and provide support for our elderly. We know this is not true - quality of life will decline in an overcrowded Singapore and our elderly will suffer due to the high cost of living. If the PAP proposal in the White Paper is purely to sustain economic growth because ideologically the PAP believes things can never be better with slower economic growth, as proposed by WP, and that whatever quality of life we achieve in 2030 even if it is bad, is still better that something we can achieve with slower growth then they should be honest enough to say it so we can get to the real policy tradeoff and debate it. Painting a fairy tale that every knows is not true to sugar coat the proposal simply enrages Singaporeans and make them question the integrity of the govt. 

79 comments:

Plucky Tam said...

Why do you guys keep whinging about the government that WP regards as competent?

Plucky Tam said...

"We may need less stringent foreign manpower policies to keep costs low." - Chen Show Mao

Anonymous said...

Why do keep at being a prostitute? And get slapped left and right?

Pluck Tam's orgasm said...

Oooh, release...

Anonymous said...

"We know this is not true - quality of life will decline in an overcrowded Singapore and our elderly will suffer due to the high cost of living."
Lucky Tan

True or not, is it important and will affect PAP in power, that's the question.

Do you agree with Low Thia Khiang that majority voters are scared they accidentaly vote PAP out of power?

And Low Thia Khiang is no ordinary Sinkie. He is leader of the best alternative.


Anonymous said...

Hahaha... We have a fat resident cockroach aiming to be the first to shit on Lucky's blog. If I am Lucky, I would publish your ipaddress and let others deal with you direct.

Anonymous said...

Thank you for putting it so clearly.

They make it so easy and good to get a reverse mortgage. Have people forgotten this case? You can end up losing your house way before you die.
http://www.moneytalk.sg/2009/07/couple-sue-ntuc-income-over-reverse.html

They tell us that if we are not happy we should ship out.

Let us ship them out in 2016.

Anonymous said...

Good long posts which summarizes our recent history and all the lies and promises not kept. BUT it misses the underlying motive of all PAP's actions over the last decade. The PAP insists on more growth at all cost NOT because it sees no merit in slower growth. The truth is the debt ponzi scheme of which the population ponzi, CPF-ponzi (which needs ever more new citizens to top up the funds "given" permanently to temasek and GIC to "manage") and the housing bubble are natural outcomes, will collapse with no nominal growth: how do you generate wealth to repay the mountain of debt accumulated with ever-rising house prices? Singapore's bank debt is approx $500b, government debt (which they borrowed from our CPF) is over $200b (the bulk of Temasek's and GIC's funds under management). That is 3 times our GDP. All ponzi schemes need to be perpetrated by ever larger intake of new inflows, or else it collapses. When people realize this, they will see light - which either means kick out the ponzi masters, or accept your fate as a pawn in the ponzi pyramid.

Anonymous said...

An unexpressed position by the PAP is:

"This is an island to do business.
We will throw in some entertainment, food and good security with stable one party control.

Anyone can come here, spend and live here. If you like, you can become a citizen. No need for this NS stuff. its just for the natives. Once they die off,( they are not producing, you see) we'll think of some other way to keep it going."

Anonymous said...

You don't need a enomorous high pay to govern successfully a country. The nordic countries proof, in fact the the opposite is true. The Nordic ministers pay around $20k per month?

Plucky Tam said...

"You don't need a enomorous high pay to govern successfully a country. The nordic countries proof, in fact the the opposite is true. The Nordic ministers pay around $20k per month?"

20k per month is too low for WP. WP thinks entry-grade ministers should be paid more than twice of that.

Plucky Tam said...

"Hahaha... We have a fat resident cockroach aiming to be the first to shit on Lucky's blog. If I am Lucky, I would publish your ipaddress and let others deal with you direct."

The WP IBs are rattled. They want to fix me just like how the "competent government" wants to fix the opposition. The similarities between WP and PAP increase by the day.

Plucky Tam said...

"And Low Thia Khiang is no ordinary Sinkie. He is leader of the best alternative."

Best alternative? What alternative? If your appraisal of political parties is premised on their vote share, why don't you support the white PAP instead? After all, the white PAP did garner the most votes in the last GE, close to 5 times that of the blue PAP. Care to elucidate on why you think the blue PAP is the best alternative? You have the platform here to crow about how much better the alternative policies of the blue PAP are than that of the SDP, RP and NSP. Go on. Perform your party broadcast here. At least, the NSP has formed a law committee to try and nurture a debate on legislative issues. The SDP has released an alternative healthcare plan. RP's Kenneth Jeyaretnam tried to inject some accountability into the government by questioning the legitimacy of their US$4 billion loan commitment to the IMF. But what about WP? What alternative has the WP offered Singaporeans?

"We may need less stringent foreign manpower policies to keep costs low." - Chen Show Mao

Anonymous said...

To be fair, the old couple could have taken up the lease buy back scheme ... may not be a profitable option but still a life line...this scheme unfortunately is another blood sucker

Anonymous said...

Not sure if AIMgate would lead to another BE or GE. Trying to sweep dirt under carpet hoping that sheep's could be herded in the right manner by the frigtard Shepherd in 2016.

PLEASE PLEASE Wake up from your 60.1% slumber before we crawl back to Federation of Malaya/Indonesia/Brunei (tsk tsk !! sic) on our knees. Current Multi Million $$ mini$star$ all have their escape plan with ranch in OZ/NZ along with other elites having lake/sea side chalets & castles in Europe & elsewhere. I do not have the resources but am positive that some insiders could shed some light on this matter. Recall TT Durai of golden potty fame....when he threw his towel down, he had NO (read again....NO) property and his bank account had only few dollars and NOTHING of any material value tied to Singapore. Could anyone find where he is now? Shame on you PaPigs and their peanut analogy....

We'll inherit only the cinders and ashes to rebuild the nation and we've already crossed the point of no-return. Most of the new citizens would just throw the red passport down the loo (which the current ICA is issuing like toilet paper) and move on to better pastures in no time. For them it's only a citizenship of economic convenience and not out of patriotism.

PLEASE WAKE UP......before it's too late .....

Anonymous said...

The eighties and early nineties are golden years of Singapore, our standard of living are rising, smaller population, lower costs of living. After that Singaporean got to complete with cheaper and lower cost countries for jobs?

Now Singaporean got to be content for everything rising price, if more new citizens became old, more resources got to channel to take care of them?

Instead trying to lower the income rate, we aggravate the income gap and raise inequality.

Not like in the eighties and early nighties where Singaporean are generally happy, now Singaporean are the unhappiest peole in the world? With longer working hours and more stress life, less energy to produce babies, more worries about job taken by cheaper foreigners?

The right kind of limited immigrants is important like the innovators, inventors, patents generators, creative industries, contraions, designers, artists people that can make a different to lower the income gap, raise the standard of living of the lower end of populations?

Anonymous said...

What scares me is not that they are trying to sell this fairy tale, but that they believe it.

Anonymous said...

For them it's only a citizenship of economic convenience and not out of patriotism. .......


That's mostly true. A souless society and. ... world.... because we are no different

Anonymous said...

The eighties and early nineties are golden years of Singapore, our standard of living are rising, smaller population, lower costs of living.....

Golden because we were laying the foundation of exploitative wealth. Reaping at the expense of future generation.

Are these good visionary leaders or wolves in sheep clothing?

Anonymous said...

Spot on. Lee Kuan Yew and his pap have been lying to Singaporeans all these years. Where are the more good years as promised ? Where are the secured retirement as promised.
Truth is Lee Kuan Yew n his pap main objective is to perpetuate his legacy. The model they have chosen is to maintain Singapore as a leading global city by making Singapore an attractive global hub for business, wealth and talent. The consequence of this is native Singapoeans are squeezed out. The sooner Singaporeans wake up to this reality of the pap government, the better it is for them. As pap is the source of ordinary Singaporeans problems, the solution is clear - remove the pap.

Anonymous said...

Acually, the solution is to make more money so that you will not feel any threat to your financial security.

This is entirely within your control, and not God, as in the case of quality of foreigners PAP accepted into Singapore.

If Lucky Tan or 43% can do it, why can't you?

Anonymous said...

The golden years for ordinary Singaporeans are when Dr Goh Keng Swee was the supremo over economic and financial matters. He can even over-rule Lee Kuan Yew on such matters. Even when he was not in the cabinet, he was calling the shots while working out of the MAS. When Lim Kim San see silly problems resulting in silly policies and decisions, he asked Dr Goh to bring the matter to Lee Kuan Yew's attention. I witness this first hand in the changing room of TMCC.We need another economic genius like Dr Goh. There is non within the ranks and file of the pap. Let's hope there is one in the opposition.

Plucky Tam said...

"Spot on. Lee Kuan Yew and his pap have been lying to Singaporeans all these years. Where are the more good years as promised ? Where are the secured retirement as promised."

Watch what you say. There are many WP supporters on this blog who hold Kuan Yew in the highest regard. You wouldn't want them to track your IP and silence you.

Anonymous said...

PAP govt allow talented people, doesn't matter whether Sinkies or foreigners, to make a lot of money.

When talented Sinkies can make lots of money, they will vote PAP. They will also less likely join opposition. Hence the opposition is not ready to replace PAP lah.

And PAP remains the best available to vote for lah.

And so as to remain in power lah.

Anonymous said...

In Singapore the top 5 % have heavenly lives, the next 5 % a fantastic lives and the next 10 % confortable lives. The rest 80% have shitty lives.
So it is logical to think that the solution to any Singaporean will be to be within the top 20%. Herein lies the trap the papist Leegime set for Singaporeans. No matter how smart and how hard Singaporeans compete there will only be a limited number at the top. To make matter worst, plenty of foreigners are introduced.
This selfish and individualistic thinking is not the solution to ordinary Singaporeans. The solution is for ordinary Singaporeans to gang up and take on the pap to change the system whereby the benefits are more evenly spread out so that all Singaporeans have a decent lives.

Anonymous said...

How to vote for the pap when the pap is the source of ordinary Singaporeans problems ? Only pap arselickers or those in pap drug induced coma cannot see something so clear and simple.

Plucky Tam said...

"This is entirely within your control"

Is it? How? There are plenty of unemployed, impoverished graduates in the West. Is education really the path to riches? Or is it down to hard work? Banglas put in long hours of hard work everyday. How many Bangladeshi millionaires are there? Pray tell, how exactly is wealth entirely within one's control? I think you've imbibed too much of the PAP "self-reliance" myth. How many of those PAPzis actually made their riches in the private sector as opposed to rent-seeking and leeching off the people in the public sector? You're doing society a huge disservice by dismissing the impact that politics has on poverty and wealth generation.

Plucky Tam said...

"PAP govt allow talented people, doesn't matter whether Sinkies or foreigners, to make a lot of money."

The problem is they don't. Relative to the rest of the world, the rich in Singapore are paupers. There's not a single sinkie among the richest 200 billionaires in the world. Hong Kong has seven. The Singapore so called "elites" are no more than big fishes in the small pond that is Singapore. And the PAP's misrule, abetted by WP, will ensure that Singapore will remain a small pond for years to come.

Anonymous said...

 "I think you've imbibed too much of the PAP "self-reliance" myth."

"You're doing society a huge disservice by dismissing the impact that politics has on poverty and wealth generation."

The whole ponzi structure( pyramid) is that the higher up you go, the lesser the privilege few will be and the more economically secure you are.

Right at the top of the pyramid is the most powerful.

And of course the lower you are, the more you share the burden of those you support above of you.

The massive number of people right at the bottom are the problem lot that need to fight themselves up the ladder of "opportunity".

But do remember it is a pyramid structure.

Anonymous said...

When they disallowed complete withdrawal @ age 55 together with implementation of Min Sum & CPF Life, one of my previous colleagues who is a smart person already warned us that the CPF Scheme is like a big black hole that requires as many new members to join in to sustain itself like a Ponzi investment scam.

Hence that is probably how they came out with 6.9million magic figure. The way I see it, as long they bring in more members, everything else has become mere excuses whether it is babies, ageing, economy, jobs, quality of life, etc,.

Anonymous said...

Majority of Sinkies rely on their children for retirement. How many readers here have retired parents and they don't need to give any money at all? Even 30+ year old Sinkies still have mentality that their kid will help to finance their future retirement. This is not possible in S'pore, as each succeeding generation faces more & more problems to save enough.

Even for the baby boomer generation, when they had the benefit of the greatest boom years in S'pore from 1975 to 1995, many of them still cannot retire independently but still need money from children. Mind you, those are the generations that could pay off their HDB within 10 years. Today's generation with 30-35 years mortgage, you better be prepared to work until you drop dead.

BTW, PAPies actually know about all of this. But they have too much vested interests to change. Actually I love their elitist and arrogant mentality becoz it means they will be kicked out faster. With their kind of attitude, I don't think they can win back Aljuneid GRC.

Talk to any PAPies and their solutions are:-
1. Have some spurs in your ass and become a fellow elite like doctor, lawyer, banker, MP, senior civil servant, etc.

2. If you don't want to cheong and play office politics, and get into the elite professions, then it's your own fault and you should be resigned to your fate for being lower class.

3. Go get reverse mortgage. But they don't say that you just get a few hundred dollars a month. Or that your flat will no longer belong to you and will be taken back after you die. Or warn you that if you live too long, you may become homeless.

4. Don't have crutch mentality and don't expect govt to help you just becoz you slogged for 40 years contributing to the economy and now 65+ yrs old. PAPies will tell you pls have Active Aging -- go become 65+ yr old toilet cleaner or clean tables at food courts.

5. Tell you to go to JB or Batam to die. The high-speed rail link is the 1st step in infrastructure to facilitate this.

6. BTW, even if you go to JB or Penang or KL to die, you still cannot take out your CPF. You need to permanently migrate to Batam or Sabah or Sarawak in order to take out your CPF.

Anonymous said...

In the end, substance will prevail over form. ie no matter how PAP tries to sugar coat the issues, costs will continue to raise come 2016. There will be no escaping reality-Malaysia has been trying to delay this but the inevitable will come upon them.

Anonymous said...

A possibility. .. and only a possibility. . Is bold homes that last a few generation. .. government regulated pricing. .. which can be done if. ..dot dot dot.... and the following generations inherit their homes from their parents(passed on inheritance ). .. ideally of course. ..a huge part of the cost of living can be absorbed by the following generation if we play our housing card right. ... but perpetuating new homes and milking each new generation. .. logically. . Is unsustainable

Anonymous said...

They need to keep your CPF to finance their excessive high pay?

Anonymous said...

They got to know their pay, which is around ten times the Nordic ministers pay is a heavy burden to Singapore which don't have any resources.

Nordic countries with around the same populations of Singapore, they are very well run, low inequality, high standard of living,low wage gaps, high birth rate etc? The pay the ministers less then $20K per months? And they are multi-parties systems that co-operate well?

With this excessive pay, will Singapore need to kept increasing the withdraw CPF last time you can withdraw a lump sums, now they kept changing the rules, increase it to possibly 68 year old, with many has little chances of seeing, possibly to finance the incredibly excessive pay?

ufo said...

Low fertility is due to high life expectancy. Nature adjusts automatically to minimise other species from extinct.

That Victor Lie should advise them to rent out spare rooms. It is not wise to do reverse lease - losing an asset and an income.

It is very difficult to migrate to malaysia or indonesia. These third world countries do not want singaporeans to migrate there, they only want us to spend money there as tourists.

I suppose now they are building some retirement resorts to lock old singaporeans up in JB. Work your entire life and life is still a bitch. Lifestyle here is unstainable.

The best lies are the half truths. Beware of what the gov peach.

Plucky Tam said...

WP is the best. WP will win the mandate in GE2016. WP rocks.

Ghost said...

I don't think most Singaporeans have any issue with being responsible for our own retirement. But how can we do that when we can't touch our CPF money? After all, the CPF is suppose to be the replacement of the pension scheme right?

Anonymous said...

Plucky Tam said...

WP is the best. WP will win the mandate in GE2016. WP rocks.

22/2/13 16:49

You are getting closer to the truth!
Self-fulfilling prophecy.

Anonymous said...

What we should do is to raise the qualification of rubbish collectors and such low status jobs to graduate level and lower lawyers pay and such high farty status jobs to rubbish collectors pay or pay them a respectable salary in the middle maybe then all these haughty useless fat asses bottom feeding pigs will go th way of dinosaurs? . What do you think?

Anonymous said...

You don't need a enomorous high pay to govern successfully a country. The nordic countries proof, in fact the the opposite is true. The Nordic ministers pay around $20k per month?



This is true, unfortunately many sgporeans cannot grasp this simple logic. You really do not need the best and brightest to lead as these brillant minds belong somewhere else like the labs or university libraries ... the present state of chaos here is the clue. To the scholars everything is fine, but to the people it appears to be a totally different story just as catherine lim predicted.

Anonymous said...

How multi-parties parliaments in Nordic countries brought to the huge success of the countries, include many world class companies, high standard of living, high birth rate, low inequality, low wage gap etc?

http://en.wikipedia.org/wiki/Danish_People%27s_Party

Anonymous said...

The rubbish collector is more useful to society than academia and preachers who fart through their mouths. Why pay the latter 20K pm?

Anonymous said...

Parade them before the firing squad and end their murderous rule. Amen?

Plucky Tam said...

"WP is the best. WP will win the mandate in GE2016. WP rocks."

Well done. Now you have to resort to impersonation. That's how desperate the WP IB has become. No counterarguments. No logic. No nothing. Pathetic.

Plucky Tam said...

"How multi-parties parliaments in Nordic countries brought to the huge success of the countries, include many world class companies, high standard of living, high birth rate, low inequality, low wage gap etc?"

The small parties that constitute their coalition governments certainly aren't shy about governing their countries, unlike the blue PAP in our "First World parliament" who doesn't even have the balls to oppose the white PAP.

Anonymous said...

How multi-parties parliaments systems co operated, in Nordic countries and brought to the huge success of these countries, which produce many world class companies, high standard of living, high birth rate, low inequality, low wage gap, Olympic champions, world class designers, Nobel prize winners & many world class inventions etc?

http://en.wikipedia.org/wiki/Danish_People%27s_Party

http://en.wikipedia.org/wiki/Riksdag

http://en.wikipedia.org/wiki/Politics_of_Norway

http://en.wikipedia.org/wiki/Parliament_of_Finland

Anonymous said...

Is it fair to say that the state has an obligation to look after its elderly, its own citizens and not foreign aliens and that social welfare and free medical care for the elderly are a must just as national service is compulsory. Can you say this is mandatory and then turn the other way to say you die your own business with the same breath?

Anonymous said...

The solution for retirees' problem lies in the CPF.

The govt shld pay at least a 5% on CPF monies since GIC claims that they make 8%. In most other countries, pension returns is much higher than CPF interest. That way, CPF money will grow faster when the individual is working & when the person retires, it will be depleted more slowly.

Secondly, CPF money shld be restricted to buying the first property only. It shld not be allowed to be used for upgrading & for buying investment pties. That way, more money will be kept for retirement. Also, property prices will fall because a big chunk of the liquidity will be removed fm the pty mkt.

Thirdly, Singaporeans must be prepared to forgo the right to withdraw the bulk of the CPF money at 55 because a lot of pple will not be able to get a safe 5% return on the money withdrawn. And most Singaporeans will blow the CPF money they withdraw on a car, renovation, mistress, etc.

If we go back to basics & treat CPF money like pension money, then a lot of current problems of retirees having not enough money & high pty prices will not be so bad.

Question is - are we prepared to make the sacrifice???

Anonymous said...

How to clean up the rubbish?

Get the rubbish disposal to do the job. They will even do it for free!

Anonymous said...

PAP policies lead to high widening of income gap in Singapore.

As a result, the sandwich and poor classes become poorer whereas the rich (business bosses and the businesses) become richer.

So, PAP policies have lead to adverse impact on the life of ordinary citizens.

Why must PAP keep on sacrificing ordinary Singapore Citizens interest for the benefit of business bosses and the businesses?

What kind of wrong have ordinary Singapore citizens done that cause PAP to hate ordinary Singapore Citizens so much to the extent that PAP must keep generating PAP policies to sacrifice interest of ordinary Singapore Citizens?

Anonymous said...

Why having NS to sacrifice interest of ordinary male Singapore citizens?

Anonymous said...

Nothing wrong. Not that PAP wanted to, but it just happen that ordinary Singapore citizens interest have to be sacrificed for a dynamic Singapore.

Just like a chicken have to be slaughtered in order to provide a delicious meal. Anything wrong?

Anonymous said...

Another myth...without talents, your city will go down the sungei river. So the constant drive to buy, bid and compete for "scarce talent" ..which only raise their importance and turn them into...demi gods.

With demi gods in power...how to change? How to change when money are sucked up by shameless talents?

Correct or not?

Anonymous said...

Any mistake in importing too much population could lead to the collapse of the ecomony like 97, where mass exodus of Hong Kongkies left, which left to serious depreciation of asset and jobs?

We got to be very careful in selecting the right people and limited immigrants that can boost our economy, 5.3m already very overcrowding, should be limited to lest then 5.6m?

Anonymous said...

Why having NS to sacrifice interest of ordinary male Singapore citizens?




reason is to help singaporean grow big and strong, everything always for your interests.. we help look after you

Anonymous said...

Alarm had been raise in the HOng Lim Park many were concert about the unsustainable, by the 5k peaceful protest, many concern about the escalating prices and deteriorating standard of life, lost of jobs to new citizens?

It is unprecedents the previous record is only 500, if not the raining maybe much more will attend and the limited place? We got to be very very careful in importing more people?

Anonymous said...

I hope sin can go back to malaya n cpf can buy house there. i will be the first ones. papies made this place unliveable for the working class.

Anonymous said...

The Hong Lim Park peace protest could be as high as 7000, many can't stand the continue raining, and left earlier, and it kept swelling in 3 hours of extraordinary speech, there is not enough place to stand many stand at the overhead bridge and outside the field?

Anonymous said...

The election result maybe different due to numerous factors, many are not very decided, influenced like the profit sharing scheme, during the elections, and the few percetage of the walk over at Tanjong Pagar cont walkover, 30 second later which included in the results?

Plucky Tam said...

Plucky Tam @18:46

Don't talk nonsense. I'm the real Plucky Tam and I'm trolling myself to make myself look like the victim!

Plucky Tam said...

Plucky Tam @22:42

I'm attacking your beloved WP and instead of defending the blue PAP, you're preoccupied with trolling? Come on. I'm sure you can do better than that.

Anonymous said...

Some of the firm said want to leave, maybe these type of firm want to leave are the one who drag down our productivities?

Anonymous said...

Elites the bestest. Pay them well and the world will be a better place

Plucky Tam said...

"Some of the firm said want to leave, maybe these type of firm want to leave are the one who drag down our productivities?"

Perhaps someone should introduce the concept of "creative destruction" to these towkays.

Plucky Tam said...

"Elites the bestest. Pay them well and the world will be a better place"

How much better is Singapore than the rest of the world? Purchasing power worse than KL. Vehicles per capita lower than Kazakhstan. More than 80% of the people live in government pigeonholes that they do not really own. 2nd most densely populated country in the world. I can go on forever.

Plucky Tam said...

Sorry I was too quick to assume that everyone who visits this blog is a WP supporter. Apologies for my accusatory tone.

By the way I love you Lucky Tan. Please continue to blog. ♥ ♥ ♥

Anonymous said...

Let us not forget the Parent Maintenence Act. FOr those not familiar with this act, this was created to perpetuate good asian values ie in sgp all children are LEGALLY obliged to financially support their parents. So the elderly with adult children who seeks financial assistance from the town councils are advised to use this option ie to sue their children to get an allowance from them. For the daft ones who actually believe that this has anything to do with good values, pls note that by doing so, the govt is actually defraying the cost of supporting its citizens back to the people.

Anonymous said...

Tanjong Pagar Con.t.y.MP members hope you work harder, old man may not be around to pass you some votes next time as his has the highest votes among the MP, you need to depend on yourself, many years it is a walk over you all maybe be rusty, he can't come up with his wheelchair to help you again?

What you can do is try finding ways, not to depend on too much foreign workers or importing or companies, that may take away jobs and depress the pay of locals? Or help them get their CPF earliear to retire in JB? Try to reduce your wages, Singapore Ministers got ten times the pay of Nordic ministers?

Try to pool more resources, to develop those SME and train their workers and upgrade their skills to get higher pay, you want to get high pays others too want to get high pay too to bear more babies to help out Singapore procreation rate?

Try not to use importing of people methods Singapore has no resources and is a tiny islands, too overcrowding will have an unbearable consequence, the 80s and 90 first half is the best with less populations? Sincere advice?

Anonymous said...

Foreigners are important to Singapore, but not too excessive which has a serious negative impact on the locals, should import more of these Nordic countries people, to find out more how they can run the country with ten time less pay so efficiency and successful, how we can tweak and adapt their social security systems to our locals and use they ways of limiting importing people to improve the life and local wage gap and develop technologies to improve the products and services of local SME?

Anonymous said...

Ten times less pay then our ministers?

Anonymous said...

AND BREAKING UP THE FAMILIES !!!
THIS IS ONE OF THE GREATEST DAMAGE SIN GOVERNMENT DOES OR
IT SHOULD BE, THIS IS THE GREATEST SIN THAT THE GOVERNMENT COMMITS.

Anonymous said...

Sincere advice to East Coast GRC, old man may not have many years to look after you, at 90 is the world record MP oldest still serving and contributing another Singapore first, the past cheaper, faster & better may not relevant in today context of rising Rental, Levis, ERP, GST & COE, you need to find other ways to improve the wages of the older workers, finding cheaper, better & faster workers is not our long term solutions, all these foreigner sent their money back home to support their family leaving the local high and dry? Your average percentage is 54, next time opposition bring in better professionals and your older supporter died the result may be different you had the worst result amount our GRC except Aljunied?

Anonymous said...

Before GE 2011.
Singaporeans afraid we will accidentally vote PAP out of government.

After GE 2011
Singaporeans afraid we will accidentally continue to vote PAP into government.

Thank goodness we have PM Lee to help make sure this will not happen in GE 2016.

Anonymous said...

Repeat after me.

If I die, it's my business.
And PAP government does not owe me a living.

Why should I vote PAP?
And pay Millionaire Ministers millions in salary to tell me it's my job to look after myself?

Pay a million dollar salary to a Millionaire Minister who turns around and tells me it is not his job to help me.

Am I daft or what?
Is this the country I want my children and grandchildren to inherit?

Anonymous said...

Victor Lye left out the most obvious choice.
Vote out PAP.

Anonymous said...

the influx of immigrants is to inflation property prices which drive cost of living.

through that the govt inflate itself out of debt. debt to gdp is one of the highest in the world.

Anonymous said...

Sorry to digress but here is a quote from the Chair of Singapore SME Association, on the issue of rising business costs, from Reuters.

"At Chan's Goodrich Global, sales growth in Singapore has been slow in the past two or three years while rents have shot up around 30 percent and labor costs have risen as much as 20 percent."

http://www.reuters.com/article/2013/02/25/us-singapore-costs-idUSBRE91O00B20130225

So ask ourselves, fellow red dotters: if the rising costs of doing business is due to entirely to tighter labour condition, why is rental going up for businesses? In fact, why is rental going up faster than wages?

Ask yourselves: there are 1.9m foreign workers in Singapore, more than there are Singapore workers. So both foreign and local workers' wages are probably all rising together. What really is driving wage costs? Is it rising inflation of everything, from transport to housing to healthcare driving workers' demand for higher wages, or is it just not enough workers? If not enough workers, importing more will solve the businesses' problem, but if it was inflation out of control, then the govt shud be honest and accept its mistakes in letting inflation out of control, and rectify it. They have let the "profit motive" of public services like industrial and residential property shoot up, transport costs like COE and ERP etc shoot up to pay their fat salaries, no amount of tax cuts will compensate for the highest rate of inflation in Asia outside Vietnam and India. Squeezing the local workers' wages down will not solve their economic policy screw up on the inflation front. And letting the dirty hot money in - that will just kill any hopes of bringing inflation down.

health topic said...

should the change start from ourselves, am i right?