Tuesday 21 October 2008

Huru-hara ekonomi

Government finally start to admit of our economy crisis. For month our 'elite' government officials (public servants) has given out statement of our inpenetrable economi stability, despite of world financial market turmoil that we be left untouchable.

Only a few month ago, when the oil price at its peak, again our elite club was saying that we are in oil price crisis and had no choice but to increase the petrol price. Cost of living shot up and to date there are no sign of its getting lower. Today, the oil halves its value and now it became the loss revenue crisis. Oil palm and rubber price also slumped. Soon we will see the poverty rate will be on the rise.

Yesterday, RM5 billions, yes, billions was allocated to bail out the undervalue shares. Today, like nobody business, the number had doubled. Today, more than 100 millions ringgit paid out to felda settler announced. It is a good thing, don't get me wrong. Is it a genuine pay out or is it merely to calm the rural supporters whom are the backbone of their majority votes. It is huge sum by total, how much exactly would it translated to per household pay out?

Bailout suppose to only meant for necessity which eventually lead to the most important aspect, unemployment prevention, ultimatum of depression. Knowing Malaysia, would it be for real this time or will it only to keep the rich rich!? We could only hope.

Everyday our trustful media (not like there are freedom of media filteration) announcing all kind of our elite member voting for Najib for the top position. If only he is half as good as his father. But, these are the group of people where public trust lies upon. Were we stupid to let these group of people to represent our voice or had they turned stupid. I could only hope that the media is showing what they want to show and not the truth.

Vote count for our top position will reflect the wisdom of our chosen leaders. If Najib get landslide victory, then I will say that we are heading for the worse.

Thursday 16 October 2008

Nothing changed!!

It has been a while since my last posting. Political and diversion issues are really irritating and the stupidity and ignorance is just too humiliating to witness. The world is riding a hard financial wave.

All around the world, worries and measures had been taken. Bless Malaysia for its mighty leader, arose and say there is nothing to worry about. Today, proudly written in newspaper that USA & Europe is using ‘Malaysian style’ of bailing out failing companies. USA and Europe missing the most successful ingredient, which to make sure whoever that screwed up still get the wealth. That would be Malaysian style.

Then come the power transition issues. AAB want to step down and apparently everybody is voting on Najib to be the next in throne. Where are we going with this? Why do I want to vote for those MP whom willingly clap their hand for Najib? Do we need such weak character to lead our days to glory? Do we want Rosmah to be our first lady?

AAB insist that he have agenda to complete. Which are the corridors development I presume. Or is it merely want to get cash out of the reserve and pay for his ‘contractors’ as much as he could before the project get shut? And what do we do about it?? Nothing!!