You can read my refutation of Chris Kuan here: https://sonofadud.com/2016/02/24/why-chris-kuan-is-wrong-black-hole-in-the-government-finances-no-just-s174-billion-missing/ A few days ago I updated my very approximate calculations of how Temasek’s portfolio was likely to be performing since […]
Regular readers of my scribblings will know that I have frequently drawn attention to the fact that Singapore has been on the verge of recession several times but only narrowly avoided […]
Exposing CPF and our Sovereign Wealth Funds
Why devaluing our currency will shortchange Singaporeans.
Why is the Central Provident Fund Minimum Sum being raised and why can’t we take out money out when we like after 55? Why GIC and Temasek make money (if that is what they are doing) from using our captive savings and paying us a non-market interest rate? Roy has done us all a favour. He got so close to showing us how to demand accountability and stand up for our rights.
Now, It stands to reason that if I am not arrested for sedition as leslie was fo rthat cartoon, then Leslie Chew was unnecessarily harassed by an authoritarian government and leading family bent on repressing dissent, plurality of opinion and freedom of expression.
Temasek's answer to the public via the ST forum is economical with the truth to say the least. CPF may be invested elsewhere and not directly into Temasek or vice -versa but it all comes from the same pot which is government capital or surpluses.
10 real dirty tricks about your CPF and HDB flat.
Minister Khaw Boon Wan has called Budget 2014 “very generous …by any measure” so naturally, I want to see how it holds up by my measure but because the budget […]