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Greta75 -> RE: Trump's Islamic Businesses starting to crumble (12/14/2015 7:09:24 PM)
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Thompson,
I seriously do not know what shit article you are reading about Singapore. If you are saying so many people want to leave Singapore, then why haven't they leave? If they choose to give up being a Singaporean, as dual citizenship is not possible in our country, they can cash out their entire CPF and leave. It's so simple.
If they choose to stay, there is forced retirement account, that they need to maintain, with approved expense.
I ask you which government allow them to spend their tax money. What you show is socialism. Not having an account with their own money inside, and being able to use it for important expenses like education, health and roof and investments. Libya pooling money together to spend on whole country things and they do not get their leftover money back, we do. Whatever we contributed to CPF is the amount we have to use, if we want everything back, we simply don't spend it and just let it sit and grow.
https://www.cpf.gov.sg/members
You stroll and look at check your account which is our real time online statement, but it's like a bank account, where you need your own individual password and OTP to access and there is a calculator there. Happy browsing.
Thompson, whether it is government flat or private condominium, both are only 99 years leasehold. So what difference does it make? So you can buy a 1.2mil 99 year leasehold from the private developers, or you can buy a 600k 99 year leasehold from the government without all the frills and gated community.
The difference is, private developers condominium has more facilities, like gyms, swimming pools, tennis courts, basketball courts, etc etc that is exclusive to that gated estate. But on top of the mortgage you pay, there is still a monthly maintanence fee for the facilities, which usually is about $350 per mth.
BTW, here is the article that shows our GPD per Capital beating the US. This is achieved in 50 years BTW.
And here is another article that explains what we value.
To Western ears, the claim that an autocratic state can govern more effectively than a democratic one sounds heretical.
But in the case of Singapore, it is hard to deny that the nation Lee built has for five decades produced more wealth per capita, more health, and more security for ordinary citizens than any of his competitors.
A child born in the United States has three times the chance of dying in infancy of one in Singapore.
A citizen is 24 times more likely to be murdered in the United States than in Singapore
And in 2012, less than 1 percent of Singaporeans reported that they struggled to afford food or shelter, by far the lowest percentage in the world.
In current dollars, the average Singaporean’s income grew from $500 a year in 1965 to $55,000 today
I'd say, to increase income of the citizens is a good job and I believe that is what the US people would like of their future President now. That's why all the minimum wage debates! We did it without minimum wage.
As our founder said: "You take a poll of any people. What is it they want? The right to write an editorial as you like? They want homes, medicine, jobs, schools."
And his right. And he delivered.
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