I read of "
Olam, Temasek and Singapore" [
Link] and I went, "Wow, Balding got balls!" Muddy Water took Olam on but Balding is taking on the FamiLEE! Go figure who the head honchos of GIC and Temasek are . . .
If not sued, poor Balding may have to wait longer than 56-man years to get an answer to his query. Optimistically, maybe after the next General Election of 2016 . . . if we get a government other than PAP!
With the recent strike of PRC bus drivers and now construction workers [
Link] and the damaging article by Christopher Balding, are we seeing the beginning of an end?
The last strike I witnessed was at Shenton Way, led by then NTUC Chief Ong Teng Cheong who later became our President. According to this interview with Asiaweek [
Link], he said he sanctioned the strike without the prior knowledge of the cabinet ministers because they would have stopped him. He was the only President who had the 'balls' to ask PAP government for numbers on our reserve but was told he had to wait 56-man years for the answer. He was also a President not given a state funeral because "
Persons who have made truly exceptional contributions will receive a state funeral. The decision to hold one is made by the Prime Minister and the Cabinet."[
Link]
With the strikes and this damaging article, are we seeing the beginning of an end to:
- the silent suffering of the workers who are badly treated by careless and callous self-serving bosses?
- the suing and demand for damages by rich powerful politicians to silence frivolous and slanderous remarks and articles that are injurious to the persons' reputation?
Why aren't they going after Balding the way they went after J B Jeyaratnam and Chee Soon Juan? Because Balding is not a member of an opposition party? Or do they expect Balding's article to die a quiet death and forgotten, not unlike the disquiet generated by PAP MP Seah Kian Peng on his intervention of a traffic warden's job. [
Link] As so often practiced, they ignore, reply not and hope that daft Singaporeans will forget the incident and we end up being "buy and fix" [
Link] again.
Or has the reputation and integrity of Singapore politicians gone down the gutters into the sewage that it is not worth defending anymore?
Or is what written by Balding the truth? If it is the truth, then it is not the reputation of rich and famous politicians but the future of Singapore and Singaporeans that's gone to the pit!
It does not take a brilliant economist or financial wizard to know that the intent of the government in shifting of goalposts of CPF, namely,
- The delay of withdrawal age from 55 to 62 to God-knows-when
- The continuing increase of Minimum Sum Scheme
- The continuing increase of Medisave
- The launch of CPF Annuity (CPF Life Plan) and
- The ever-increasing price of HDB flats (price doubled within a decade!)
is to hold on to our money as long as possible . . . to the detriment of the CPF members.
I know because I'm a member of CPF who has lost my rights to the money that belongs to me through my hard work via blood, sweat and tears through all the years.
The retiring rich who treats CPF savings as loose change will never understand the plight of those who have less. For the less endowed who lose their job through challenges of cheap foreign labour or diminishing health, it makes no sense to lose one's dignity to borrow from "Ah Long" or bother friends and relatives for money when one has tens of thousands of dollars that one cannot touch in my CPF!
To add insult to injury, I have to fookin' pay a penalty of $3 plus (Admin Fee) to utilise my own Medisave when I opt to pay for my outpatient treatment at Polyclinic. Their contemptible ways to discourage CPF members from using their hard earn savings is indescribably deplorable!
Any wonder why many commoners are fookin' PAP for the heartless policies and celebrating the rise of the opposition?
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