"Better communication urged to counter Government misinformation, especially from the Straits Times and TODAY"

Reposted from Sammyboy Coffee Shop Talk - THE MOTHER OF ALL LIAR

	From: kong_qiufu 11:10 To: ALL 1 of 4
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	There are two typical types of people in government, "stupid" and "evil". (We're talking typical, so principled types like Ron Paul don't count). Stupid people are the government agents that believe the propaganda the gahmen spouts without questioning it. They don't know the truth, and by hell, they're not about to let anyone tell them what they don't know. The second type is evil people. These are the people with intelligence. They know exactly what is going on, they know exactly what the government is up to. And they sanction it, they condone every single transgression and boondoggle. "Lying to the people for their own good", Straussian and Machiavellian at their very best. Now I don't know what's the extent of pure evil within the Singapore government, and how many of the MPs are just stupid - but I do know this - everything the government said about CPF yesterday is an absolute lie. Barefaced, pointblank, heinous and despicable - lies, lies and more lies. Bond rates + 1% = "Risk-free" CPF formula 4% is still extremely low. Take away 1% for inflation at the very least and you have 3%. Right now, anyone can see the coming collapse in housing prices, and risk-free investment still yields around 7%. The government can simply put CPF money in risk-free private investments and still earn a profit. This is not saving for retirement - not when you can easily get more money investing yourself. But of course the government is not going to invest in private shares. No, they have spent all their money on projects like Biopolis, WIS, and fourth universities and Formula 1 races. To allow CPF investors to invest money they have simultaneously spent is precarious, it means money must be created for these investors. This is called credit expansion, and is the main cause of inflation. Seeing the instability of this, the government has gotten to the crux of the matter. No investments of the first $20,000. This prevents the our central bank, MAS, from creating credit for the first $20,000, and helps to reduce the disastrous monetary inflation free CPF investments would have wrought. But what really takes the cake is that the government wants to spend and spend. That's why it needs to lock in our money, that's why it has to push the CPF payout date back, that's why it has to implement annuity "risk sharing". What's this talk about the fourth and fifth universities? Haven't we got enough with NUS, NTU, SMU and private colleges? The only people the government hasn't catered to yet are the borderline retarded - and there's plans for a "technical" university. I must be wrong, but I remember technical training was achieved mainly on-the-job, not in academic institutes. Why not go all the way then? Here's my humble proposal for the fifth university - "sanitary" studies and "inter-personal" education. Everyone must have a university degree, ipso facto! Why not subsidise streetwalkers, toilet cleaners and road sweepers? Imagine what great national glory we can boast of, the Great Educated Society! Better communication urged to counter coffee-shop rumours- Straits Times As usual, the Man on the Street, the working man which actually earns his money - his instincts about the Government are finely attuned to the bullshit radar, and the radar is blinking furiously. The Government is running out of money - just look at our debt. And according to the CIA Factbook - 100.6% of our GDP! As the government borrows to finance the deficit, it increases the interest rate and crowds out private investment. That's the least of our worries. Where's it going to get the money from? Not from income (Biopolis anyone?) - but from taxation and credit expansion. Credit expansion, of course, is a permanent redistribution of wealth to the users of the newly created money, as prices have not risen in proportion to their new wealth yet. So Singaporeans lose. Or consider taxation. Singaporeans lose. Here's what I think is a better and far more apt title for the article "Better communication urged to counter Government misinformation, especially from the Straits Times and TODAY" Finally we come to the main topic of today. Stupid or evil? MP Amy Khor - Buying annuities is "pau ho", guaranteed good. I'm leaning towards evil. She seems smart enough, she knows that our average lifespans won't hit 86-87 (the REAL annuity payout date. See my earlier article). Her smile in ST makes me want to garrote her neck. Using colloquial terms, clear demagoguery at work. Chua Mui Hoong - Too bad ah pek thinks otherwise, but Gahmen is improving retirement security Stupid. Typical apologist for the state who cannot think critically or the flip side of the coin even if her life depended on it. Her position as Senior Writer is sufficient commentary on the quality of the Straits Times. Ng Eng Hen - Manpower Minister, the man who actually detailed the changes. Definitely evil. He is in the Lee inner circle of Ministers. He has to know the precarious state of CPF financing - repudiate, tax or create money. Tharman - Education and second Finance Minister - "MAS has not had to do anything extraordinary." Evil to the core. "Not doing anything extraordinary" means adding billions of new piping-hot credit into the economic stove. I'd hate to see extraordinary. Where's the money going? On the same news day, word filtered through that the Workfare Income scheme is now going to be expanded largely. Can anyone still deny the fact that this whole charade is welfare? Now more people than ever are going to be dependent on the government (that's the PAP), and numbers = votes. Great democratic tactic! This if no other shows what a democracy is really all about. An iron vise around power grows even tighter. Every Singaporean who accepts this propaganda unblinkingly, this propaganda which is perhaps the second-most outrageous pronouncement from our gahmen this year - breathe less and let the rest of us get our fair share of oxygen. God knows your brains don't need it.