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Are our Ministers not paid well enough?

Recently, New Zealand's Prime Minister Jacinda Ardern turned down a $12,000 pay raise because she and her colleagues thought that they are already enjoying high wages. She currently draws about $427,000. Oh look, that's mediocre in Goh Chok Tong's definition!

Wait, there's more. New Zealand ministers have also agreed to go on a pay freeze because they feel that "MPs are paid well above the average worker, so giving them a percentage rise accentuates their higher pay. When it is right for MPs to get a rise, they should get the same in dollar terms as what the average worker receives."

 

Well hello ESM Goh, what do you have to say to this? Are our Ministers really not paid well? Or are New Zealand ministers mediocre like us common Singaporeans?

Do our Ministers know how shallow they look when they accentuate their fat paychecks in our faces? Do they even understand the daily struggles and trivial problems that Singaporeans face? Are they trying to solve our problems for the sake of progress or are they solving our problems with their heart? Who are they to claim that they are not paid well enough? 

We gave them a big job to do and yes, they have big shoes to fill, but that does not give them the right to be entitled or arrogant to complain that they are not paid well. Please. Don't just ownself check ownself. Don't fire at the citizens who helped you come this far. Look and learn from other countries. Can?

 

After NDR 2018 when Prime Minister Lee Hsien Loong acknowledged that land in Singapore would always be sold again due to its 99 year lease, prominent academic Prof Donald Low questioned the Ministry of Finance's past rejection to use more money from Singapore's reserves to fund future spending. Prof Low believes that since 99 year leasehold land was a renewable resource that generates money on a 99 year basis for the government, wouldn't it be sustainable for Singaporeans to dip our hands into the reserves? 

Why then is the PAP Government constantly scaring Singaporeans into believing that it is unwise to use money from the reserves and because of that, GST will be increased in the near future, electrical and water tariffs would be increased, all in the name of generating more income to sustainably fund future spending. Perhaps it is time, to consider using more of our reserves to make the lives of all Singaporeans better now, instead of hording the money in the name of the next generation. 

Prof Donald Low's argument in full:

Also, when the PM explained why HDB leases have to be 99 years (so that land can be recycled and sold again after 99 years), he confirmed what all of us should know but probably don’t: that land in Singapore is a renewable fiscal resource.

And it is because land is a renewable resource, MOF was on very weak grounds when it rejected suggestions during the Budget debate this year to use more of the NIR from reserves or use (part of) the revenue from land sales (which are currently wholly locked up as reserves).

If land is a renewable fiscal resource - that is, land reverts to the state after 99 years, which it can then sell again - the major implication is that in the stable state (i.e. in equilibrium), all of the revenue received each year from selling 99-year leasehold land can be used in the current budget. There's no need to lock up any land revenues in reserves (except for revenue from sales of freehold and 999-year leasehold land). It's certainly not the case, as the Minister for Finance then said, that at most 1/99 of the revenue from land sales each year can be used. This is because in equilibrium, the state would be recycling and re-selling “only” 1/99 of its land holdings each year.

In fact, using all of the revenue from the sale of 99-year leasehold land is the very definition of sustainability: you only use what you can earn each year, in perpetuity.

On this year's episode of National Day Rally, Pinky talked about ways to cope with our cost of living. The highest paid minister in the world is teaching us about coping with our cost of living. What an irony right?  A netter wrote in with some ways for us to cope with the cost of living while being in line with pinky's tips:

"Ways to Cope with the Cost of Living (in line with Pinky's methods)
1. Flush as few times as possible in the toilet.
2. Better still, pee and poop in free toilets such as in shopping malls to save on both water and toilet paper. (Don't blame me if it leads to price increases. Just don't shop?)
3. Walk part of your journey to and from work. (Don't blame me if you end up having to buy more shoes. Walk barefooted?)
4. Eat more raw fruits and vegetables so that you can save on the energy needed to cook.
5. Don't watch TV at home.
6. Cancel your Internet subscription and rely on free Wi-Fi at places like MacDonald's -- without patronising them, of course. (Don't blame me if you get chased away.)
7. Wear your clothes more times before washing so that they won't be worn out so fast and you can save water.
8. Don't get haircuts so often. If you are schooling, be a si geena and let your discipline master cut for you. 
9. Don't vote for upgrading if you are asked to. It's not free, you know?
10. Reuse condoms. (Don't blame me if you end up paying for your contributions to the fertility rate.)"

Credits to 莫丽蜜

Did you know, if you use your parent's CPF to pay for your school fees, you have to return it to them with an interest? Even if your parents agree to you not returning it, CPF will not agree to it. Isn't CPF supposed to be our money? Why can't we choose to use it to pay for our children's education? Netizen Nadiah Ash recently found out about this:

"I don’t post much online. But I feel a need to voice this out because I’m really upset about my situation and how it was handled by the relevant parties.

Did you know that if you use your parents CPF to pay for your education, you are required to repay it back to your parents...CPF using CASH.

The interest is 2.5%.

So the background is, my mom paid for my poly education using her CPF. Upon my graduation, I was greeted with letters from the CPF Board demanding that I repay the full sum plus the interest my mom would have earned if the money had been left in her CPF. I applied for a deferment as I was unemployed and was going to uni.

CPF continued to send me letters. I never borrowed from loansharks but this is what it feel like to be hounded by them, minus the splash of paint, fire or pigs head.

We went to see our Constituency Minister, who empathised with us and sent in an appeal letter to waive the interest which was rejected.

Subsequently, my family and I headed down to CPF to see what can be done.

Nothing...apparently. The staff who served us was more than unhelpful.

My issue with this is:

1. Why can’t I have the option to repay using my CPF? Either way, I would to be employed to have the money and have CPF...unless I’m self employed.

2. I understand this policy was put in place to protect parents from not getting their money back. But if both parties are alright with it, why not? It’s her savings, her money.

3. Why weren’t we made aware of it when we chose to pay via my moms CPF?! Had we known earlier, we wouldn’t have chose this option.

4. The constant reminders from CPF is irritating. They are worse than loansharks. The irony is, shouldn’t it be my mom chasing me since it’s HER savings??

5. Lastly, the staff who served us at CPF was not only unhelpful, he was also rude. He sat us down in his office, and basically he was there to just listen and tell us he cannot do anything. He gave an automated answer that was programmed into him saying that it’s out of his hands. He can’t do anything. No effort to look into the situation or feedback to his HQ. He didn't even note down our issue on paper or his computer - I mean, if he wasn’t going to do anything about it, he didn’t have to be so obvious right? He said we can pay by instalments until my mom turns 55, then interest will be waived. But he also said, rather arrogantly that the CPF criteria will change. (Higher saving goal/increase the age). My mom has to be 55, and reach 171k in her retirement a/c to waive the repayment.

For those who do not know what CPF is, it's basically 20% of your monthly salary that is automatically deducted and put inside this "savings account" for your retirement.

And to those who are not aware of this, please take note, using YOUR CPF to pay for YOUR OWN CHILD's education is not "free", you would be better off paying hard cash, and then get your child to return you the money once they have started working."

Is it acceptable to force our children to return our CPF money with an interest?

Credits to Nadiah for her thoughts on the matter

Lee Hsien Loong just finished his National Day rally last night. He mentioned that he wants us to give them another 20 to 30 years to remake Singapore. Would you want to wait that long? Also, do you think we can get away from paying for them to remake Singapore? Ravi Philemon talked about these in a video he posted last night.

"Dear Singaporeans,

The Prime Minister just spoke to us Singaporeans to give the PAP another 20 to 30 years to remake Singapore. He spoke about a new CHAS programme, he spoke about a programme to redevelop the HDB estates - or what he called VERS - and he spoke about rolling out a Merdeka Generation Package.

What he did not say was how much it was going to cost us, Singaporeans, to roll out all these programmes.

Do we really trust the PAP to keep the cost of living down for Singaporeans? The question is: do we really believe that we will not have to Pay And Pay with the PAP?

Let's not forget that in two years' time, we will have to pay a 9 per cent GST. Let's think about that for a while."

We really do need to think about whether we want them around for another 20 to 30 years.

The 7th month is well and truly underway. And as always during this month, lots of ghost stories or haunted palecs resurfaced. And so, there is something serious to share with all of you, in preparation for the 7th month.

During this 7th month, there have been lots of report about avoiding certain roads. These roads are named as:-

1. Old Upper Thomson Road
2. Lim Chu Kang Road
3. South Buona Vista Road
4. Yio Chu Kang Road
5. Mount Pleasant Road
6. Old Tampines Road

However, the scariest, top of list up to this date, and for many decades, has got to be along Robinson Road. This road seldom gets spoken about in hush tones. Trust us, Hell is definitely located there.

Yes, this is the very road where the mythical CPF Building and its mythical CPF are located. You can see, but still cannot touch. What makes it worse is that the whole freaking CPF building has mysteriously disappeared, only to reappear when you least expect it. Nobody knows where the CPF is now.

Even David Copperfield cannot make CPF disappear just like that, Speaking of which, anyone wants to dare David Copperfield to take up this challenge to bring back the building and, of course, ultimately our CPF money back?

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