"Use less CPF money when young" debacle followed by a lie.

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An honorable member of the Coffee Shop Has Just Posted the Following:

We are all accustomed to Lim Swee Say's constant flow of gaffes. This was not the usual. This was followed by deceitful clarification which is essentially a lie.

All the local media carried the quote and made it the main point of their reports. Today carried the quote in its headline and it's very first sentence. Mainly that quote was ridiculously explosive. Empirical evidence will show that when young, you should buy a big as possible and or pay off your loan quickly with whatever CPF you have. In land scare Singapore, the capital gains far outstrips any return from ordinary CPF account.


Now for the lie in the correction that he offered to CNA which completely changed their report. He now claims that he was referring to only cash withdrawals from CPF. Tell me what cash withdrawals can you make when you are young.


We now have a cabinet Minister who is not only economical with the truth but has little idea about the CPF. This is not the usual gaffe. So what exactly does he do in the office as the labour chief when he does not even know what is going on. And he represents the workers, scary.


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