28 Aug '14, 4am

S'poreans don't want handouts, just what belongs to them

Singapore Democrats For more than half-a-century, Singaporeans have kept their heads down, toiled and sacrificed to build our economy. They said little when the Government insisted that they put aside a portion of their wages for retirement. They protested not when the Government increased that portion to 40% (even reaching 50% at one point), making Singaporeans the biggest savers in the world. They watched in silence as they kept paying for their HDB flats through their CPF even as prices leapt, depleting their kitty. They remained stoic when even more was taken to pay for their Medisave. They watched in fearful silence as the Government took their money and made lucrative (and often questionable) deals in overseas investments while getting back low returns. Now after all this, the Government wants to retain the little that they have left. Should they be expected to remai...

Full article: http://yoursdp.org/news/the_ultimate_betrayal/2014-08-28-...

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