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More CPF money goes up in smoke

yahoo55

Alfrescian
Loyal
The currently remaining funds in CPF is less than half of the supposed sum, Jinx's broken arm is a symbolic omen to indicate that the remains will also be gone in this around of economic crisis.

Net ZERO soon to be.

PAP have borrowed around $430 billion from Sinkies CPF, will they be able to pay back the principal +interest to Sinkies?
 

GoldenDragon

Alfrescian (Inf)
Asset
Investment outcome not important for her. The commissions involved is the only factor. To those who believe their CPF $ is still there, gd luck.
 

JohnTan

Alfrescian (InfP)
Generous Asset
Ho Ching has a long term investment plan, just like Warren Buffett. Our CPF money is safe with her in charge.
 

soikee

Alfrescian
Loyal
Investment outcome not important for her. The commissions involved is the only factor. To those who believe their CPF $ is still there, gd luck.


The amount of undertable commission would be mind boggling.
How can someone be so suay? Buy what die what.....get a monkey to throw darts and random pick also will outperform our queen. Undertable commission is the key.


Am not surprised at all for that fucking bitch is so gungho.

A few months before her bapok husband took office in 2004, she could meet up with billionaire Quek Leng Chan for dinner at Temasek Club Chinese restaurant to negotiate for a CEO position in one of his companies in KL for her useless brother H% Seng.

Now he's moved back to S'pore and is working in Quek's Guoco Land.
 

halsey02

Alfrescian (Inf)
Asset
I suggest you pray for her early retirement or early demise. She has cost sinkapore tens of billions if not hundreds of billions with her poor investments.

To be FAIR, you cannot blame her alone...that is why 'good year' became a bad year & they have to place that Lim Beh Heng there, what does he know about investments? maybe I don't, do you?. The entire team sucks, the people who run this country is to be blamed too plus the 70% who give them the mandate to do, what they pleases...without any controls...

We all are in the same shits together with the 70%....those who have started working or had worked 10 -20 years...you shall see your retirement money at 99 years ....this lifetime...a little bit you get, MAYBE!.

No use blaming or complaining....just live with it!:p
 

winnipegjets

Alfrescian (Inf)
Asset
To be FAIR, you cannot blame her alone...that is why 'good year' became a bad year & they have to place that Lim Beh Heng there, what does he know about investments? maybe I don't, do you?. The entire team sucks, the people who run this country is to be blamed too plus the 70% who give them the mandate to do, what they pleases...without any controls...

We all are in the same shits together with the 70%....those who have started working or had worked 10 -20 years...you shall see your retirement money at 99 years ....this lifetime...a little bit you get, MAYBE!.

No use blaming or complaining....just live with it!:p

Sinkees need to be very angry ...they need to face reality that the reserves are being squandered away by people who put personal interests ahead of the country.
How are sinkees going to express their anger?
 

Papsmearer

Alfrescian (InfP) - Comp
Generous Asset
The amount of undertable commission would be mind boggling.
How can someone be so suay? Buy what die what.....get a monkey to throw darts and random pick also will outperform our queen. Undertable commission is the key.

U are right. Temasek has a room full of stock and company analysis that do due diligence when Whore Jinx wants to buy companies. This department should be determining what undervalued stocks to buy. Just like Warren Buffet does. But instead, business brokers and middle men approach whore jinx with companies to sell, and I guess, these are shit companies in the first place. She must be taking some bribes to but these companies. Her luck cannot be so bad. And she is supposed to be smart too.
 

Papsmearer

Alfrescian (InfP) - Comp
Generous Asset
The currently remaining funds in CPF is less than half of the supposed sum, Jinx's broken arm is a symbolic omen to indicate that the remains will also be gone in this around of economic crisis.

Net ZERO soon to be.

This is because the PAP encourages and allows the siphoning of CPF funds to "buy" over priced flats. Hence depleting the CPF amount. On any given year, CPF withdrawals are almost half of contributions. How to have a retirement fund when you save $2 and take out $1 every year?
 

Papsmearer

Alfrescian (InfP) - Comp
Generous Asset
Sinkees need to be very angry ...they need to face reality that the reserves are being squandered away by people who put personal interests ahead of the country.
How are sinkees going to express their anger?

30% already expressed. But 70% gong cheebyes are fine with it.
 

Papsmearer

Alfrescian (InfP) - Comp
Generous Asset
To be FAIR, you cannot blame her alone...that is why 'good year' became a bad year & they have to place that Lim Beh Heng there, what does he know about investments? maybe I don't, do you?. The entire team sucks, the people who run this country is to be blamed too plus the 70% who give them the mandate to do, what they pleases...without any controls...

We all are in the same shits together with the 70%....those who have started working or had worked 10 -20 years...you shall see your retirement money at 99 years ....this lifetime...a little bit you get, MAYBE!.

No use blaming or complaining....just live with it!:p

You have to blame the husband, Old Fart and her greed too mah. If someone offers you a $20 million a year job, u will take it no matter how unqualified and incompetent you are for the job. U can blame thehubby gay Loong. How can a Finance Minister appoint his own wife to run this company which is 100% owned by his own ministry? Like that not corruption? Lets not forget that when Whore Jinx was apppointed to Stomasick, her hubby was concurrently the Finance minister and PM. U can blame the Old Fart for ordering Gay Loong to do this.
 

frenchbriefs

Alfrescian (Inf)
Asset
Gay roy was right when he defamed arse loong for misapporpriating cpf funds.how do we even determine whats missing if we dont open the books up for audit?take yr words for granted like malaysia?god knows how many hundreds of billions could be missing,makes 1mbd look like petty theft and peanuts.
 

halsey02

Alfrescian (Inf)
Asset
U are right. Temasek has a room full of stock and company analysis that do due diligence when Whore Jinx wants to buy companies. This department should be determining what undervalued stocks to buy. Just like Warren Buffet does. But instead, business brokers and middle men approach whore jinx with companies to sell, and I guess, these are shit companies in the first place. She must be taking some bribes to but these companies. Her luck cannot be so bad. And she is supposed to be smart too.

Her late after-in-law now I.M. ( Immortal Ministar) once said.....sHE was the BEST!:rolleyes:
 

scbccb

Alfrescian
Loyal
.--.----.--.-.-.. :eek:

In the past year, HSBC has seen its share price tumble by 29 per cent, while Standard Chartered's share price has notched up a stunning 55 per cent decline.
 

hsienloong

Alfrescian
Loyal
Looks like we stuck with only the feel good statement
Unlike banks we can't do a bank run for the CPF money
 

Papsmearer

Alfrescian (InfP) - Comp
Generous Asset
.--.----.--.-.-.. :eek:

In the past year, HSBC has seen its share price tumble by 29 per cent, while Standard Chartered's share price has notched up a stunning 55 per cent decline.

Thank god the idiot did not buy HSBC. However, Stomasick is a big investor in Standard Charter
 
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