duh duh duh!!! also explains wayang party's goof acting in parliament. purposefully sabo themselves and don't ally with other oppos
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The HDB/CPF Scam – How the PAP perpetrated the biggest swindle in modern times
- Thread starter Papsmearer
- Start date
duh duh duh!!! also explains wayang party's goof acting in parliament. purposefully sabo themselves and don't ally with other oppos
scams and swindles are very profitable, you moron. And why is the govt in the profitable business? Its supposed to govern, not make obscene profits. You don't see the US Govt owning 80% of the land in the U.S. do you? The more you defend the PAP, the more you sound like the stupid asshole you are.
Don't worry, when the change comes, we know where to find people like you. The PAP cannot stay in power for ever. When they are deposed, they can run road with all the money they stole. But there is no where on earth they can hide. If they hide in the US, we will ask the US to ship them back or kick their navy and intelligence agencies from Singapore. The US will fly them back in a F-35 in a heartbeat. If they run to China, we will ask them to ship them back or we will shoot 10 PRC citizens a day. All their properties and assets here will be confiscated. All their overseas bank account numbers will be revealed under torture. I estimate, we can recover at least $100 billion. Who says there is nothing that can be done about it?
The article lack research and base most of it facts on random bullshit from the internet. The fact that the idiot assume the CPF money is spend investingg the 2 sovereign wealth fund is incredible. BTW FYI CPF is invested in government bonds NOT GIC or temasek Holdings
hahaha...u lidat say my idol good meh???
Ok noted, thanks for the info.
which government? US or Singapore government, Left hand give to right hand, then right hand pass to Dhanabalan hand????
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On what basis? Fraud yes, enbezzlement more so. But for overcharging? You need a reality check.
HAHAHA ! after so many years you all then discover, nabei slow lah you all, too late liao, $ all into my pocket liao...HAHAHA work till you die lah, HAHAHA
CPF money is spread and invested among the MAS, Temasek and GIC. Excerpt below is from the GIC website. It says that all the CPF money is invested, and these 3 entities are the Singapore govt.'s investment arm. The breakdown is not given, but CPF money is placed with them. The govt. bond that u mentioned is SSGS which has to be invested by one or all of the 3 investment arms, how it is spread among them is not disclosed. get a brain next time before u make stupid comments.
Does GIC invest CPF monies?
The short answer is that GIC manages the Government’s reserves, but as to how the funds from CPF monies flow into reserves which could then be managed by either MAS, GIC or Temasek, this is not made explicit to us. What we do know from public sources: Singaporeans’ CPF funds are invested in bonds called Special Singapore Government Securities (SSGS) which are fully guaranteed by the Government. These are non-marketable floating rate bonds issued specifically to the CPF Board. These bonds earn for the CPF Board a coupon rate that is pegged to CPF interest rates that members receive. Under the Protection of Reserves Framework in the Singapore Constitution of the Republic of Singapore, the Singapore Government cannot spend any monies raised from Government borrowings. All the proceeds from the Government’s borrowing are therefore invested.
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You are probably right about the room full of scholars.
Then again, there has got to be some explanation for the existence of the scholars and their mentality, and that's why my theory comes in.
When the time comes and you and ask Obama to send back all the Lees, kwas, Tony Tans, etc. or you will close Changi naval Base,and kick out all US military, Obama wouldn't care if the crime was for jaywalking. He will reactivate a concord to fly them back.
You are probably right about the room full of scholars.
Then again, there has got to be some explanation for the existence of the scholars and their mentality, and that's why my theory comes in.
Just equate scholars to eunuchs and you will get their mentality. They have had their balls cut off, and are useless in the real world. therefore to stay as an official and leeching off the taxpayer, they have to come out with unrealistic policies that reflect what their master think is the real world. If their master say mee siam got hum, they will dig up 20 stalls that they claim can add cockles to the mee siam if needed, thereby confirming their master is right. i.e. there is such a dish called mee siam with hum.
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They consider themselves as having attained a perfect score, when the whole of their masters' balls are coated with their saliva.
Slapping is too mild. This is more like an anal raping.
The causes for the PAP's fall will be too many to name. when people can't get their CPF out, they will also be mad at them.
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