The Curious Case of SingFirst’s Ice Cream Uncle

Uncle, I wanna buy ice cream eh!

Two interesting points about Tan Jee Say’s 11 years of civil service career were that he served as secretary to Albert Winsemius(G’s economic adviser) and principal private secretary to Goh Chok Tong when he was Deputy-Prime Minster.

Why this uncle don’t want to continue selling ice cream at civil service? He like quite there eh.

Strawberry generation  

Subsequently Ice Cream Uncle joined Singapore Democratic Party (SDP) in 2011 and contested in General Election 2011 at Holland-Bukit Timah GRC.

In the same year, he resigned from SDP to run for the 2011 Presidential Election. Sadly, we believed that he and Tan Kin Lian diluted Tan Cheng Bock’s votes. Sigh….

Strawberry generation
3 years later in May 2014, Ice Cream Party was formed. SingFirst is currently advocating $6 billion social safety net which seems far-fetched at this moment.

Seriously, fighting for $6billion safety net is suicidal. SingFirst has no system in place to effectively disperse the amount. Spending money based on projected future earnings is very dangerous, those with high credit card bills can tell you.

Further, this seems to be like a game of cards to Uncle. One moment GE, the next PE and now GE again.

Not everyone is cut out to be a politician. Jurong and Tanjong Pagar should be pretty safe.

Thanks and no thanks for hopping around.

Joe – Rise of The Strawberry Generation (RTSN)

Visit https://www.facebook.com/RiseofTheStrawberryNation for more of our idiosyncrasies.

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2 replies »

  1. A curious case indeed. “Spending money based on future projected earnings is very dangerous”. Well tell that to the PAP – they have been doing exactly that since 2000 using the net investment return framework which allow them to spend 50% of the EXPECTED real returns earned from the reserves. Not criticising your choice of politics but at least know what you supporting.

    Like

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