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Point by point rebuttal of Tan Chuan-Jin on future of CPF direction

Confuseous

Alfrescian (Inf)
Asset
Here again we fall into this trap in thinking. Just like the PAP justifying the large foreign influx using low fertility rates. A large part of the inadequacy is caused by liberalisation of CPF for housing, and money set aside Medisave programs so that the govt can lower its own expenditure on health care (lowest in the developed world as a % of total expenditure). If CPF is kept strictly as a provident fund and HDB live up to its mandate is to provide affordable housing without touching the CPF, Singaporeans would have a better retirement if public housing is more reasonable priced and does not drain our CPF which is kept strictly for retirement. .

- http://singaporemind.blogspot.com/2011/10/cpf-new-face-new-media-old-ideas.html
 

chonburifc

Alfrescian (Inf)
Asset
CPF = Conned Peasants Fund.
The beautiful thing about lies is that you need more lies to cover up the initial lies. Until, there can be no more lies to cover up all the previous lies.
 

Unrepented

Alfrescian
Loyal
:biggrin:

<iframe width="420" height="315" src="http://www.youtube.com/embed/24aTTretYlM" frameborder="0" allowfullscreen></iframe>

10- Citizens Prohibited Fund

9- Coffin Provision Fund

8- Cash Prior to Funeral

7- Cashless Post-Funeral

6- Cannot Provide Forever

5- Control People's Finances

4- Compulsory Protection of a Few

3- Contributions Perpetually Frozen

2- Can Prolong Frequently

1- Can Pay Faster
 

chonburifc

Alfrescian (Inf)
Asset
:biggrin:

10- Citizens Prohibited Fund

9- Coffin Provision Fund

8- Cash Prior to Funeral

7- Cashless Post-Funeral

6- Cannot Provide Forever

5- Control People's Finances

4- Compulsory Protection of a Few

3- Contributions Perpetually Frozen

2- Can Prolong Frequently

1- Can Pay Faster

Hahahaha. I like no. 1,2,4 and 8 with special mentions to no. 2 "Can Prolong Frequently"
 
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