Well, I'm on an S2 pass (so not that high) but I know people from 2k/month to 30k/month, and they're all pretty happy - in particular, the lower classes appear considerably happier than those in the UK, France, the US, and a half dozen other countries I've lived in. It's irrelevant to the discussion, though.
The idea of money origin mattering to another nation state is a red herring, in this case. If somebody comes to a Swiss private bank with USD 500 million, unless the Swiss government has an agreement with the country from which the individual comes regarding money laundering, it's none of its business how the money was obtained. Refusing "corrupt Indonesian money" via Singapore law forbidding banks to take it, would be Singaporean interference in Indonesian sovereign affairs. Not good. Terrorism is a separate issue - you want to avoid terrorists using your banks, but that's not a problem for the bank, it's a problem for your foreign intelligence service (and in practice, is probably handled by larger agencies like the NSA via collaborative defense agreements).
Regarding food court retired workers, I prefer this system to the one in the West, which encourages recklessness with savings instead of responsibility, and will end spectacularly badly considering demographic trends. A state pension (i.e. redistribution) is also an infringement of the rights of savers to their own savings. But if we go down that path, I'm almost certainly philosophically the opposite of you (by putting the individual's rights before the "greater good") and we'll never agree, even if I understand where you might be coming from.
but what exactly is 'this system'? apparently a former president asked to see the books but was denied access? how does anyone know if its all bullshit? maybe 'this system' is already bankrupt? who can tell if they wont show?
The idea of money origin mattering to another nation state is a red herring, in this case. If somebody comes to a Swiss private bank with USD 500 million, unless the Swiss government has an agreement with the country from which the individual comes regarding money laundering, it's none of its business how the money was obtained. Refusing "corrupt Indonesian money" via Singapore law forbidding banks to take it, would be Singaporean interference in Indonesian sovereign affairs. Not good. Terrorism is a separate issue - you want to avoid terrorists using your banks, but that's not a problem for the bank, it's a problem for your foreign intelligence service (and in practice, is probably handled by larger agencies like the NSA via collaborative defense agreements).
Regarding food court retired workers, I prefer this system to the one in the West, which encourages recklessness with savings instead of responsibility, and will end spectacularly badly considering demographic trends. A state pension (i.e. redistribution) is also an infringement of the rights of savers to their own savings. But if we go down that path, I'm almost certainly philosophically the opposite of you (by putting the individual's rights before the "greater good") and we'll never agree, even if I understand where you might be coming from.