Guaranteed That Poor People Will Squandered Away Their CPF Money

[clinton666]

If we allow the lazy poor people to withdraw their CPF, they will develop a crutch mentality and who is going to take care of these dumbasses when they get old. I am certainly not going to pay huge taxes to feed these lazy goons.

Those poor people who claim that they can take care of their own CPF money are bullcrapping. If they knew how to manage their money, they would not be poor in the first place.

REPEAT. Giving these lazy riff-raffs access to their CPF money is akin to giving them crutches. They will never learn to walk again.

In fact, only rich people like me should be allowed to withdraw our CPF money since we are well educated and have proven that we have to know-how to take good care of our money.

 

[chingchong]

Thank God the poor people are not allowed to withdraw their CPF.

What if they had invested in UBS, Merrill Lynch or Citibank a few months ago? They would be in deep shit by now. I say better let the PAP investment experts handle their CPF monies.

 

[clinton666]

Thank God the poor people are not allowed to withdraw their CPF.

I say better let the PAP investment experts handle their CPF monies.

Yes, poor people can't handle their own money. If they could, they would not end up being poor in the first place.

There are so many avenues for poor people to blow all their CPF money away. Cheap Indon whores from Riau, 4D, Toto, Casinos or some idiotic scams only poor people will fall for etc.

 

[PEE_APE_PEE]

If we allow the lazy poor people to withdraw their CPF, they will develop a crutch mentality and who is going to take care of these dumbasses when they get old. I am certainly not going to pay huge taxes to feed these lazy goons.

Those poor people who claim that they can take care of their own CPF money are bullcrapping. If they knew how to manage their money, they would not be poor in the first place.

REPEAT. Giving these lazy riff-raffs access to their CPF money is akin to giving them crutches. They will never learn to walk again.

In fact, only rich people like me should be allowed to withdraw our CPF money since we are well educated and have proven that we have to know-how to take good care of our money.

Little scum why don't you just state that the CPF $$$ belongs to PAP instead of the people?

 

[clinton666]

Little scum why don't you just state that the CPF $$$ belongs to PAP instead of the people?

You retarded dog :oIo:

Poor uneducated people do not know how to handle money. That is why they are poor.

Poor people also do not exercise and eat junk food all their life. The CPF money is used to pay for their retirement which is sure to be besieged by illnesses.

 

[clinton444]

In fact, only rich people like me should be allowed to withdraw our CPF money since we are well educated and have proven that we have to know-how to take good care of our money.

You rich people? Lancheow. Rich people where got logged into SammyBoy's forum every night? Surely you got better things to do - clubbing, lounging, dining at Le Amis, calling high class prostitute or go Nightclub. Are you sure you are RICH or you DREAM that you are RICH? you rich people my ass.

 

[clinton666]

You rich people? Lancheow. Rich people where got logged into SammyBoy's forum every night? Surely you got better things to do - clubbing, lounging, dining at Le Amis, calling high class prostitute or go Nightclub. Are you sure you are RICH or you DREAM that you are RICH? you rich people my ass.

You spastic maggot :oIo:

I am here to educate all you poor retards and correct all your spastic poor man's thinking.
This forum is where poor people gather and lick each others' balls and feel important doing it. I am here to give you a good fuck so that you will com to your senses.

 

[kuntakinte]

Aye, Gardens School Dropout, Chow Ah Qua like yourself, did you draw from your CPF to do up your Plastic Chee Bye ?

**RUBBISH SNIPPED **[/COLOR][/I]

 

[Leegimeremover]

Dumb ass. For the lower income unable to pay their mortgages, divert s accounts to pay for the mortgage over a maximum period of 12-18 months. O accounts will be used to give public grant assistance like payouts for those that do not qualify or those who are deemd to require more. Maybe like 400 per month max., over a period of 12-18 months with conditions to find work within that time and that all other withdrawals, other than medishield will be frozen. The numbers can be tweaked accordingly, given the good data that the government has on Singapore citizens' income. This is how you can fund a social assistance system without too much tax government burden and remain fair. The government may consider doing some grant matching to a certain extent. All these are mainly for lower 20-30 percentile. The rest should downgrade or be also forced to laosai their S accounts for mortgage payments over a fixed period of time to make sure they go out and work. This is the only way. You cannot eat house, but you need a roof. 500-1000 dollars is still better than nothing. Government should consider replacing division 2-4 staffs with higher qualified unemployed Singaporeans. You do not want a pension crisis and a liquidity crunch, this is the only way. CPF can consider special interest loans that must be paid back with what they borrow and only to pay mortgages of lower grade housing and special assistance grants. Default can be made really difficult if someone wants to play punk later. At least, the CPF keeps moving. And some payments do not really require really cash transactions.

 

[clinton666]

Dumb ass. For the lower income unable to pay their mortgages, divert s accounts to pay for the mortgage over a maximum period of 12-18 months. O accounts will be used to give public grant assistance like payouts for those that do not qualify or those who are deemd to require more. Maybe like 400 per month max., over a period of 12-18 months with conditions to find work within that time and that all other withdrawals, other than medishield will be frozen. The numbers can be tweaked accordingly, given the good data that the government has on Singapore citizens' income. This is how you can fund a social assistance system without too much tax government burden and remain fair. The government may consider doing some grant matching to a certain extent. All these are mainly for lower 20-30 percentile. The rest should downgrade or be also forced to laosai their S accounts for mortgage payments over a fixed period of time to make sure they go out and work. This is the only way. You cannot eat house, but you need a roof. 500-1000 dollars is still better than nothing. Government should consider replacing division 2-4 staffs with higher qualified unemployed Singaporeans. You do not want a pension crisis and a liquidity crunch, this is the only way. CPF can consider special interest loans that must be paid back with what they borrow and only to pay mortgages of lower grade housing and special assistance grants. Default can be made really difficult if someone wants to play punk later. At least, the CPF keeps moving. And some payments do not really require really cash transactions.

You retarded Dog of Dogs :oIo:

With access to free money, these lazy morons will never work another day and when they used uo all their CPF money, then what.

And I will bet my last dollar that the money they get will be used to bet on
4D, Toto etc. in their dreams to get rich quick.

 

[kuntakinte]

Gardens School Dropout,

Dig this:

http://www.sammyboy.com/showpost.php?p=115355&postcount=8

Y**RUBBISH SNIPPED**

 

[theblackhole]

....And I will bet my last dollar that the money they get will be used to bet on 4D, Toto etc. in their dreams to get rich quick.

this is an established fact. just go to any sp booth and you can see all these uncles and aunties gambling away all their hard earned savings...with cpf they'll be more encouraged to spend it all hoping to strike rich!...singaporeans cannot restrain themselves....they'll take the cash and spend it all...on gambling, on drinks and on china meis meis. this is a fact! so it's right our world class gahment should control the cpf and help to control these singaporeans. right move! lock the cpf and release it monthly as allowances.hallelujah!!!

 

[halsey02]

If we allow the lazy poor people to withdraw their CPF, they will develop a crutch mentality and who is going to take care of these dumbasses when they get old. I am certainly not going to pay huge taxes to feed these lazy goons.

Those poor people who claim that they can take care of their own CPF money are bullcrapping. If they knew how to manage their money, they would not be poor in the first place.

REPEAT. Giving these lazy riff-raffs access to their CPF money is akin to giving them crutches. They will never learn to walk again.

In fact, only rich people like me should be allowed to withdraw our CPF money since we are well educated and have proven that we have to know-how to take good care of our money.

My Central Provident Funds savings is my hard earned money, through my BLOOD, SWEAT & TEARS (not the pop group)!.

When I retire I want that sum of money, that was what the fund was started for in the first place in the year 1955!!!!

What I do with that retirement money, wether I am educated or not, that is my money, I worked hard for it, I did not steal it, is my business.

Wether I splurge the entire sum on whatever luxury within 5 mins I get hold of it, is still my money, I will be happy, just to spend it.

Don't go insulting all the hardworking people, who worked hard to get that savings.

In this rapidly eroding world, any cent obtain from CPF, is money in hand, we never know, one day, we may never get even a cent back!. Established fianancial institution that had been around for more than 300 years can collapse, Lehman Bros etc..comes to mine, why not CPF?

So, don not insult the lowly educated, who by their BLOOD, SWEAT & TEARS worked hard for their retirement money (CPF) and help built this country, whom we call, SINGAPORE!

 

[rickws8437]

I find the term "lazy poor people" abit puzzling. Granted that lazy people may become poor thru their inaction whatsoever but most poor people I know are definitely not lazy. They are poor not by choice and most of them actually worked thru' their teeth just to make ends meet. They saved whatever little pennies they have and one I known actually walked from Tampines to Bedok daily just to save the little ticket fares. So please do not generalise poor people with laziness. It's just not fair...

 

[clinton666]

My Central Provident Funds savings is my hard earned money, through my BLOOD, SWEAT & TEARS (not the pop group)!.

When I retire I want that sum of money, that was what the fund was started for in the first place in the year 1955!!!!

What I do with that retirement money, wether I am educated or not, that is my money, I worked hard for it, I did not steal it, is my business.

Wether I splurge the entire sum on whatever luxury within 5 mins I get hold of it, is still my money, I will be happy, just to spend it.

Don't go insulting all the hardworking people, who worked hard to get that savings.

In this rapidly eroding world, any cent obtain from CPF, is money in hand, we never know, one day, we may never get even a cent back!. Established fianancial institution that had been around for more than 300 years can collapse, Lehman Bros etc..comes to mine, why not CPF?

So, don not insult the lowly educated, who by their BLOOD, SWEAT & TEARS worked hard for their retirement money (CPF) and help built this country, whom we call, SINGAPORE!

You retarded dog :oIo:

You know very well that the money in your CPF would not be there in the first place if the government did not enforce this savings scheme. You would have squander all the money that you earn and you would still be poor.

Why are you so desperate form money now? Oh today is Wednesday, you need money to plonk on your 4D numbers.:oIo:

 

[clinton666]

this is an established fact. just go to any sp booth and you can see all these uncles and aunties gambling away all their hard earned savings...with cpf they'll be more encouraged to spend it all hoping to strike rich!...singaporeans cannot restrain themselves....they'll take the cash and spend it all...on gambling, on drinks and on china meis meis. this is a fact! so it's right our world class gahment should control the cpf and help to control these singaporeans. right move! lock the cpf and release it monthly as allowances.hallelujah!!!

These poor people probably fail their PSLE Maths.
Rich educated people will never buy stupid 4D or Toto.

You lose $0.34 on the dollar everytime you bet on 4D even the draw is done.
Toto is even worse at odds of 8.3million to 1 but the payout is only 0.6m to 1.

These suckers will just squander their money away

 

[clinton666]

I find the term "lazy poor people" abit puzzling. Granted that lazy people may become poor thru their inaction whatsoever but most poor people I know are definitely not lazy. They are poor not by choice and most of them actually worked thru' their teeth just to make ends meet. They saved whatever little pennies they have and one I known actually walked from Tampines to Bedok daily just to save the little ticket fares. So please do not generalise poor people with laziness. It's just not fair...

You spastic maggot :oIo:

They must have been lazy at some part of their life. While I am studying to get 100% for all my subjects, these would-be poor people were having fun. Now they are just suffering for their laziness when young.

 

[dontan]

Hee hee hee! It is in fact money of PAP, they use it for making losses in investment.

 

[cass888]

I find the term "lazy poor people" abit puzzling. Granted that lazy people may become poor thru their inaction whatsoever but most poor people I know are definitely not lazy. They are poor not by choice and most of them actually worked thru' their teeth just to make ends meet. They saved whatever little pennies they have and one I known actually walked from Tampines to Bedok daily just to save the little ticket fares. So please do not generalise poor people with laziness. It's just not fair...

Well, many did bring it upon themselves, catching tadpoles etc instead of concentrating on school.

 

[clinton666]

Well, many did bring it upon themselves, catching tadpoles etc instead of concentrating on school.

Exactly, these poor people are the same ones who pay marbles, fuck spiders while we are focusing on getting As for our exams.

So, I am right to equate Poor People=Lazy People.