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[Breaking News] PAP gave $2.9 Billion to Singaporeans

Froggy

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Where to find this type of honest government who serves the people?
 
How much have they collected from Singaporeans?
 
The 2.9b money for upgrading actually comes mainly from the citizens' cpf savings, income tax and gst and not money owned by the pap govt.

SG economy does not benefit from this public expenditure as most of the money are spent on ceca contractors and workers who will repatriate the money back to india.

Singapore SWF, GIC cannot survive without depending on CPF members savings as 71% of gic aum is made of cpf's S$ 393.2 bn and cpf savings are mixed together with

a pool of funds and invested by gic which is also the largest contributor to sg annual Budget.

Since hdb dwellers are not direct owners but only lessees, the onus of upgrading the flat is expected of hdb, who is the landlord owner.

it shouldn't be made to look like some pap generous charitable handouts.

hdb dwellers are not direct owners but only lessees.
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Now I am confused. Should I fuck or praise the government?
 
Now I am confused. Should I fuck or praise the government?

whenever you find yourself with this kinda dilemma, it is always "fuck first"... regardless what the dilemma is, in life.. always fuck first... everything else comes later (not necessarily second) if can fuck again.. just fuck again... ask, enquire, pay, praise.. do all these later...
 
whenever you find yourself with this kinda dilemma, it is always "fuck first"... regardless what the dilemma is, in life.. always fuck first... everything else comes later (not necessarily second) if can fuck again.. just fuck again... ask, enquire, pay, praise.. do all these later...
Your advice sounds perfectly logical, in fact it's the best advice I've heard all week! Thank you so much, I understand what to do now.:thumbsup:

Fuck the government!:FU:
 
The $2.9 billion originally belong to the people . So now return back to the people.Nothing great .
 
Sad for those living in condos .they don have benefit from this 2.9
 
I'm quite sure you have to pay for the Home Improvement Programme. Before the upgrading begins, there would be a 'showflat' at the void deck and each resident gets to vote. Often, a 'no' vote is not allowed. :wink:

It's just a pork barrel project for cronies in the construction industry. But bathing, brushing your teeth and shitting at the temporary bathrooms downstairs is fun. :biggrin:
 
the real shrewd owner will re-invest in their own properties. the upgrades go towards the asset enhancement and higher potential value of the properties. hdb lessees are just temporary beneficiaries of these upgrades and not permanent beneficiaries. at the end of the lease, the money spent can serve multiple ways: amortize over several years to make it look good as capital expenditure on the balance sheet (private owners can maximize tax deduction and depreciation on this but this is pubic thus not sure about taxation), boost gdp, award cronies with huge contracts, create "employment" and jobs, increase value of properties in real owner's portfolio, etc. heads they win tails you lose.
 
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