Here is a good article covered by Yawning Bread on Singapore's apparent lack of transparency.
Parliament sessions have started and PAPpy dogs are saying we should not fall into Europe's welfare system and see what is happening there now. Occupy Wall Street movement had a goal, to let governments know that Capitalists should not be the ones controlling the Government, their policies and the finance market. They resulted in losses which now is spreading across Countries with fingers pointed everywhere but themselves. Back are the huge bonuses and pay packages for these corporate jackasses, but more mortals are moving into the poverty line. Governments to blame or bankers? They are of the same breed.
PAPpy MPs are now defending policies but not reflecting on the failed investments made by our SWFs. As this turmoil unfolds, get ready to observe more of our Sillyporeans hard earned $$$ go up in smoke as China and India unfolds. Without transparencies, how can we be sure our own internal governance is doing work?
Time will tell. Let's just hope that when our time to retire, there is still CPF monies left.
