GMS : PM Lee is a TOTAL Failure

[Confuseous]

This is where PM Lee has failed badly. He thought he could hoodwink us with such small cosmetic surgery by allowing us to request (approval is not guaranteed!!!) to withdraw part of our CPF money at 65 years old and putting up some measures for us to reverse-mortgage or sell off our flats to solve the problems created by them, in terms of inadequate CPF for retirement financing. What PM Lee should do is to address these fundamental problems that are creating a huge gap in the adequacy of our CPF which is meant for our retirement financing. It is totally a joke for a country which has a mandatory contribution rate of 36% of our gross salary but in the end, we ended up with insufficient funds to finance our retirement but most of us will be forced to sell our flats for retirement!

But I guess Singaporeans are not that stupid at all. The fundamental question we want to ask is that, will PAP take up the responsibility of providing for those who can't have enough money for their retirement? This is especially a REAL problem for many Singaporeans because apart from the above 3 main problems created by PAP, its ultra-liberal FT policy has basically depressed Singaporeans' wages over these two decades and worse of all, displaced quite a number of Singaporeans from their proper jobs. Many professionals or PMETs were forced out by cheaper Foreign labour and have no choice, to become Taxi Drivers! This will add to the difficulties for these Singaporeans to have enough savings in their CPF to cater to their retirement needs.

All in all....http://singaporealternatives.blogspot.sg/2014/08/pm-lee-is-total-failure.html

 

[jw5]

I would much prefer GMS as PM than LHL. :p

GMS as LHL's deputy should also be more entertaining than the current boring duo.

 

[greedy and cunning]

i think the man is trying to help.
give him time lah.
he inherited a rotten system.
perhaps he cleaning up he mess and at
the same time trying to set thing right.
of course i may be very wrong.

 

[wMulew]

Dumbfuck opposition politician talking out his ass. FTs have nothing to do with your screw up retirement if you don't save. The reason why CPF minimum sum was added in and revised was to ensure U have enough for retirement. U idiots are constantly complaining against that. They revise the minimum sum to $10K U withdraw $0.50 a month happy? Retarded idiot

Also stop talking cock about PMETs. Those losers whose obsolete degree/diploma have little relevant experience with modern methods and refuse to upgrade deserve to have their jobs taken. I have plenty of 40-50s year old locals working in the last few companies I worked for who are not displaced by any FTs. U buay kan don't blame FT. Even if there is no FT companies wont hire U

 

[greedy and cunning]

partial truth only lah.

see-Pee-F* is always not enough because of ever rising cost of living.
first ask why cost of living , inflation always up and up.

why High Density Building keep increasing in price by leap and bound ?
because it is designed to be so ?
the pricing of new flat always followed the resale price.
it is a self feeding loop. in order to make more.

 

[jw5]

If only GMS would lead a team to take on LHL in AMK GRC.

 

[HTOLAS]

Trio. Our PM is assisted by 2 deputies, hence they make a menáge a trois.

I would much prefer GMS as PM than LHL. :p

GMS as LHL's deputy should also be more entertaining than the current boring duo.

 

[eatshitndie]

Trio. Our PM is assisted by 2 deputies, hence they make a menáge a trois.

there's a wine label named for that.