World in terrible Financial Crisis. What are your views?

[Eropagnis]

Wow! 

http://sg.news.yahoo.com/afp/20081124/tap-finance-economy-singapore-government-06f3cb7.html

[punggolboy]

We sud fire the ministers, froze their account and use the monies to redistribute back to singaporean who were affected by their stupid mistakes.   Ministers are answerable for their mistakes, they should not be let go freely.   

[Alaska]

Our CPF monies are spared from this high-risk investment mah?

[Stallion]

What do you think?
They are already encouraging sinkies to transfer more monies from ordinary a/c to special a/c to earn higher interest returns.
It is aired on radio over and over again. But I asked myself, can the transfer be reversed later? Hahaha....
What we earn, 34.5% goes into CPF monthly. Do a simple calculations and we can derive the figure.
CPF is our money, when using our money to buy a HDB flat, we are charged interest on it. Fair enough, due to HDB loan.
But what about selling house? Are we charged again on the UNEARNED interest on our CPF if it stays in CPF account?
So again, I asked myself, is CPF my monies? Confused.....
And when we retired, if we have a chance to, is the withdrawal a lump sum or peanuts by peanuts? I mean bit by bit....
Well well well... so much said by so many, still.... One people, One Nation, One...... Singapore.......