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Progress Singapore Party by Tan Cheng Bock

Atrecord

By Atrecord,
in Lite & EZ

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Inlinefour

Inlinefour

Twincharged

During GE2015, PAP won with 79% votes.

 

Is it possible to lose 30% votes in next GE?

 

Knowing Singaporean will not rock the boat.

Hearsay out of 69.9% got nearly half are new citizens

 

So now % of new citizens increasing

 

Not easy for Oppo to fight

 

Plus redraw grc boundaries also play a part

 

Hopefully they are strong enough to capture more grc and smc

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Angcheek

Angcheek

Hypersonic

Hearsay out of 69.9% got nearly half are new citizens

 

So now % of new citizens increasing

 

Not easy for Oppo to fight

 

Plus redraw grc boundaries also play a part

 

Hopefully they are strong enough to capture more grc and smc

Redraw boundaries shldnt be allow near to GE.

Its a dirty tactic.

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Inlinefour

Inlinefour

Twincharged

Redraw boundaries shldnt be allow near to GE.

Its a dirty tactic.

 

But dont play dirty later loose how leh

 

Indian can be malay

 

grc also can be smc

 

Actually the most fair is change all to smc 

 

1 to 1 challenge but dont think pinky dare to do it  [sly]  [lipsrsealed]  :ninja:

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Jusnel

Jusnel

6th Gear

If got choice, I will vote for TCB

 

I heard of his humble beginnings and connection with the man in the streets. He has the real heart for the people.

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Tohto

Tohto

Hypersonic

Hearsay out of 69.9% got nearly half are new citizens

 

So now % of new citizens increasing

 

Not easy for Oppo to fight

 

Plus redraw grc boundaries also play a part

 

Hopefully they are strong enough to capture more grc and smc

Even HG I think WP will be struggling to win, maný new flat build and many newly move in.

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Angcheek

Angcheek

Hypersonic

If got choice, I will vote for TCB

 

I heard of his humble beginnings and connection with the man in the streets. He has the real heart for the people.

Definitely much better than those MIW
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Contrarian

Contrarian

2nd Gear

It is tempting to think that people vote based on the candidates they're presented. In reality, rather than voting for the new contestant, people vote out governments that they feel has not done the right job for them. This is the same in most parts of the world.

 

For example, if CPF defaults on payments to all its members, do you think this government will be re-elected?

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Contrarian

Contrarian

2nd Gear
(edited)

How can a govt who owes a debt in their own Fiat currency default in it?

 

The CPF is a statutory board whose funds are kept as a separate pool from the government's funds. And the CPF Life's are further separate from the CPF's funds under s27N of the CPF Act. s27N(7) makes it clear that 

(7)  Notwithstanding anything in this Part or the relevant regulations, the Board shall not make any payment under this Part unless the Lifelong Income Fund is solvent.

 

The government could have chosen to guarantee the CPF's debts and the CPF Life payouts when enacting the changes to the Act in 2009, but specifically chose to do it this way instead. [see the 2nd reading of the Bill in Parliament in 2009.] 

 

So, CPF members are obliged to pay their CPF monies into CPF Life which is then put into the Lifelong Income Fund, in exchange for a future income stream for the rest of the member's life - this should be a good thing.

 

But the CPF is only obliged to pay the member the monthly payment only if the CPF Life fund is solvent. Of course, one way to maintain solvency is to cut the payments instead of stopping them - see the Minister's reply to the 2 MPs who questioned him on the solvency requirement. 

 

In summary, the government could have chosen to guarantee the solvency of CPF Life, and it chose not to when passing the Bill in Parliament.

Edited by Contrarian
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Wt_know

Wt_know

Supersonic
(edited)

wow ... seriously?

this means like any usa amdk insurance company that can go hong kan belly up if no bailout?

 

In summary, the government could have chosen to guarantee the solvency of CPF Life, and it chose not to when passing the Bill in Parliament

Edited by Wt_know
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Carbon82

Carbon82

Moderator

In my personal opinion, it will too risky for TCB to challenge LHL in AMK GRC, even if partnering LHY and other heavy weight members.

 

It will make the voters have a 2nd thought which party to vote when leadership is at stake. I rather he go to his old ward in the west, where he has a much higher chance to take down even a GRC.

 

sld this be taken out and form a new thread?

 

The discussion of the coalition to be led by TCB is after all declined, so sld it be consider dead for now?

 

Tan Cheng Bok sld have a thread of his own, new party or not.

 

Any Mods disagree?

 

@radx @jman888 @carbon82 @spring

Thanks for the feedback. Point noted.

 

 

Hi mods, will you be able to amend the title to correct Dr Tan's name? It should be Bock.

Thanks for pointing out the error. Title amended. [:)]

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Victor68

Victor68

Turbocharged

I wonder what would happen if they call themselves "Progress Action Party"

I am quite sure it will never get registered. Whoever dare to approve, he/she must prepare to retire early.  [:p]

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