Presidential election - Candidate endorsed by PAP

Who do you think is the candidate that will be endorsed by the PAP? Give your views in this survey.
http://www.surveymonkey.com/s/KJ8VRKT

Affordable HDB flats

Suggestion by Pang

Dear Mr. Tan

We could improve the affordability of owning a HDB flat without crashing the prices of existing HDB flats by:

1)      With immediate effect, cut the prices for all new HDB flats by 5% and:
rebate 4% to those who had purchased their flats within 1 year
rebate 3% to those who had purchased their flats within 2 years
rebate 2% to those who had purchased their flats within 3 years
rebate 1% to those who had purchased their flats within 4 years

2)      for the next 5 years (2011 to 2016)
peg the increase of prices for new HDB flats at 3% lower than the increase of the national median income.

For example : if the increase of median income is 5% for that year then the increase of prices for new HDB flats should be 2% for that year. If the increase of national median income is 2% for that year then the prices for new HDB flats should be decreased by 1% for that year.

With 1) & 2), we can achieve the effect of a 20% “reduction” to the prices for new HDB flats within 5 years without crashing the prices for existing HDB flats.   

For the longer term, the increase in prices for the new HBD flats should be pegged to the increase in national median income. 

Pang

Safeguard the reserves

Hi Mr Tan

You probably aware that the presidential election is coming soon.As the qualification criteria are so strigent, not many could fulfill. I am convinced that  you are are suitable candidate who could meet all the criteria.

 

You have championed a lot of causes and spoke up for the depositors who were misled, to a certain extent in the DBS mini bond saga.

 

We need a capable President who could hold the other key to the national reserve. He could perform a proper check and balance The late Mr Ong Teng Cheong spoke up a lot on the national reserves.He might not have a very good ending but had championed a cause and won the respect of Singaporeans.  Presently as tax payers,we do not know how much are our reserves in GIC & CPF Board and how they are being invested.

 

I strongly encourage you to stand for this election. I dont think there are many candidates eligible to participate this round. We should not waste another 7 years  for the next round of election.   

 

Richard Wong  

REPLY

I will decide in a few days' time

 

Salary of elected president

Kit Whye Chan

10:33pm May 28

Can I tell you a story about golf for those who never play golf. When a tournament indicates a very huge prize money for the 1st, 2nd and 3rd winner based on stroke play, this tournament usually attract a lot of "crocodile" players to the tournament. These "crocodile "players have very low handicap, yet they under-declared their handicap to be way above their actual. Some even give it to the maximum of 24. Why? Because they are more interested in winning the prize money and by declaring a high handicapper, they stand a very good chance of beating the normal players and winning the prize money. However, if the prize money is not significant, these "crocodile" players will appear at the tournament. 

Taking this analogy to the Presidential election, I am not sure whether a person is willing to stand for the Presidential election if there is a big drop in the President salary, say to $300K per year instead of $3 million a year. I hope those who want to be a President is not attracted by the current compensation, but really to sacrifice himself for doing a service to Singapore, protect its reserves and voice out opinions that are for the good of the country.