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This is the problem with the 3 stooges, making wild allegations. The IB will abuse them, setting up the protesters on collision course with the PAP. This is why I say the SDP should not attend the 3rd protest, at least not as speakers.

GIC's client is the government, not the CPF board. So Ng Eng Hen's curt reply is correct. This is how people in the private sector usually talk. It's a way of saying you better know your facts. He later apologised and went on to elaborate on the role of the financial intermediary. The WP...

Higher risks do not guarantee higher returns. Otherwise the casinos would be bankrupted. Only longer maturity = higher returns. Even that is not necessarily true if there is currency mismatch. As CPF savings and spendings are in local currency, Singaporeans should not take forex risks. So it is...

We should be looking at the situation now. $253 billion CPF, not including savings in the banks, and value in HDB flats. Not enough for whom's use? For us to spend or for the government to use as reserves? 20 years of roller-coaster, unnerving paper losses, resulting in reducing...

CPF used to finance development is called borrowings. Borrowings have to be returned! In those days, taxes were very high at 40%. As a developing nation, borrowing was necessary. Singapore wasn't always a tax haven or rich. Temasek's capital is from budget surplus. The question really is should...

Next year is Singapore's 50th anniversary of independence. It's time to talk about HDB flats lease top-ups. Aren't the remaining lease for Queenstown, Toa Payoh and Bedok flats getting dangerously short? Shouldn't the HDB ramp up enbloc-redevelopment? The lease buy-back scheme doesn't...

Many elites aim for accuracies and best solutions. They have macro views on the population as a whole. They have helicopter vision of what is good for the country. But we should ask ourselves. Who are the ones with the problems? It is obviously not everybody. The middle-class and the rich...

"The strength of the system is we have assets that exceed our liabilities, that enable us to meet our commitments. And that’s why we’re not just triple-A-rated, but we’re able to provide CPF members with a very fair return on a guaranteed basis." "The Government takes the risk that the...

My understanding is different. As CPF savings and spending are in S$, investments should be in S$. But Singapore is flushed with liquidity due to its status as private banking hub, millionaire-immigration hub, etc. So MOF mops up the CPF savings, passes them to MAS to convert to forex which...

Eric Tan failed to understand many Singaporeans have a real practical problem at hand. We just needed our CPF money badly. We don't need more GP essays on CPF. He failed to understand that the economic structure of Singapore has changed (by design of the government). Today it is a high-costs...

The Real Singapore is the website that carried the messages from The Messiah. Without TRS' involvement, the whole episode would not have happened as no other websites dared to carry The Messiah's messages. Guess who are behind TRS? What is the lowest common factor? The best hackers in the...

This is not the first time NSP is raising race consciousness. The previous time was when 3 separate police reports were lodged on comments made by some PAP members.

Dear QXP, do not play this kind of insinuation with me.

1. GRC Scheme Unconstitutional It is an unusual claim that the weightages are not the same. - Supposed there are 5 SMCs with 100 voters each. It is 1 vote out of 100 for 1 candidate - Supposed the 5 SMCs combined to form 1 GRC. It is 1 vote out of 500 for 5 candidates A voter is still...

Singaporeans are having the blues over dengue fever. WP Town Councils use chemical spray instead of thermal fogging. Every blade of grass, every dead leaf, every birdnest (a kind of fern) up in the tree is a potential breeding spot. Chemical spray method is like searching for a needle in the...

Some fence-sitters have been whipping up sentiments against people on both sides of the fence (gays, religious people) and at the same time dragging the compassionate people through the m&d. These people have under-estimated the many Singaporeans with enough commonsense to see through the...

“When I was fifteen, I came into unfortunate contact with a priest who would engage me in play wrestling and attempt to touch my crotch in the process,” activist and former member of the Singapore Democratic Party (SDP), Dr Vincent Wijeyshingha, said in a Facebook post on Monday." - TOC Just...

Red, White, Pink - a contest of space (The OnlineCitizen) As I have always suspected, TOC is setting up the Reds and Whites on a collision course. Of course the fence-sitter will benefit. There are just too many other examples.

She is always contradicting her party.

It was members from the big one and an influential social-political blog that frantically lobbied for donations and promoted the HLP event. One guy even faked he had order 2000 curry puffs and 1000 drinks. In the process they whacked CSJ as a clown. Roy raised $70,000+ in 4 days whereas CSJ...