Emeritus Singaporean: September 4, 2013 at 3:05 am (Quote) According to Leong Sze Han – in his analysis of the Government Annual Budget Report and comparing it with the report of the same by the Singapore Department of Statistics, this PAP government has UNDER DECLARED by at least SGD 20 BILLION every year in its report to Parliament since the Year 2000. It looks like the PAP Government is secretly accumulating our Singapore Surplus into “escrow accounts” that is only known by the PAP, and only allowing themselves to dip their fingers to meet their own self-interests instead of Singaporeans. Is it any surprise that this PAP Government will find the funds to pay for the purchase of 12 units of the new generation F-35 plane that remains controversial, with Australia, Canada, Japan, and Holland all giving notice of outright cancellation or drastic reduction in the original numbers ordered. Each plane will cost Singapore USD245 Million – and this is only for the plane without the engine and other hardware that include the radar, avionics, weapon system and the pilot helmet interface – which will easily add another USD200 MILLION. Twelve units of F-35 at a total of USD445 Million each can easily form the seed money to establish a National Trust Fund, which can pay for all the required premiums to a National Insurance Scheme for ALL Singaporean. Furthermore, the further reduction of ministerial remunerations – by slashing the PM’s wages from SGD2.2 Million to SGD800,000 will already save SGD1.2 Million, and all other Ministers wages slashed to an average of SGD600,000 will save another SGD1.2 Million per Minister. It is absurd reasoning given by PAP’s mentor that the Ministers had to give up their million dollar wages in the private sector to be Ministers, when PM LHL was never employed in the Private Sector, and all the Ministers in the current Cabinet were from the Civil Service – (with the exception of Dr Ng Eng Hen). All the money saved could be the seed money to pay for the needs of all Singaporean,
Posted on: Wed, 04 Sep 2013 06:07:11 +0000
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