Is a “regime change” or “regime change policies” better?
I refer to the article “Mahathir Mohamad charts new democratic path for Malaysia” (Financial Times, May 29)
It states that “Mr Mahathir, who has always enjoyed needling neighbouring Singapore and its long-ruling People’s Action party, said the electoral earthquake in Malaysia would reverberate across the narrow Straits of Johor. “I think the people of Singapore, like the people in Malaysia, must be tired of having the same government, the same party since independence,” he said.”
It need not necessarily have to be a “regime change”, as the regime can also simply change its policies.
For a start, perhaps we could think about disclosing the excess of the cash inflows to outflows annually, current accumulated surpluses and make public the actuarial reports, for MediShield Life, CPF Life and ElderShield (projections for CareShield Life).
Also, isn’t it time for us to reassess our policies of – from a cashflow perspective – not spending any money on pensions (CPF), healthcare or public housing (HDB)?
Leong Sze Hian