tag:blogger.com,1999:blog-30322670.post1629019935230839804..comments2024-03-29T04:17:51.899-07:00Comments on Tangents: Restless Musings Of A Malay Mind: Pak Lah... The Most Astounding Finance Minister In The WorldAnonymoushttp://www.blogger.com/profile/03238867141039750843noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-30322670.post-9156530325723224852008-06-14T20:24:00.000-07:002008-06-14T20:24:00.000-07:00It hurts, really hurts that blunder made by our Mi...It hurts, really hurts that blunder made by our Minister of Domestic Trade and Consumer Affairs in recommending the unbelievable 41% price hike in petrol prices, similarly diesel prices and abolishing the subsidies. A matter of such serious social economic consequences should have been contemplated well in advance and put to discussion in great detail by the entire cabinet with input from the various equally important Ministries on how the burden should be resolved and tackled. What happened?<BR/><BR/>Brought out from the cold was Shahril to head in revamping (reforming) current market practices starting with the removal of the many types of subsidies. Thus when the present petrol crisis erupted, he took the lead in abolishing the petrol subsidies, raising petrol prices by 41% causing unimaginable hardship to the Rakyat and the causing the start of inflation never to be felt before. Didn’t he has in his thick head that little sense to increase petrol prices in stages so that the people could gradually adjust to realities of the day? Increase prices of diesel definite will directly instigate inflation.<BR/><BR/>Could you imagine the financial impact in raising 5 kids (two in IPTA and 3 in schools) when we are just in the middle income group? Yes, we were following the advice of the Government then to have an apt family of 5. My petrol expenses will increase by say an addition RM200- RM300 per month (RM 2.4 to 3.6K per year), sustenance of 2 kids in IPTA and 3 in schools will increase at minimum RM200 per month (RM2.4K per annum), other living expenses including electricity (to adjust for expected price increases of basic necessities, before house and car mortgages and income tax) will increase by easily RM600 to RM1000 per month (RM7.8K to RM12K per annum). All in say RM1000 to RM1500 per month. <BR/><BR/>Where can I get such substantial increments in salary, net of taxes, to match my expenses? Sell my house? Starve ourselves i.e eat ubi kayu? Tightening belts and change lifestyles can only be recommended by those who do not feel the pain of the Rakyat especially those Ministers who travel free with unlimited petrol paid by the Government and not paid by themselves personally, with hefty allowances. Talking is surely easy for them!!! <BR/><BR/>PM who know nuts about good governance, what more of good or effective economics and monetary management, is being advised by an inexperienced Shahril bent only to reform to open market practices irrespective of the consequences; anybody can do that. Reform, reform and reform the whole socio-economic-political structure of the country to ensure PM has a distinct legacy to leave behind. That vision stands foremost before the interest of the Rakyat.<BR/>Malaysia PM vows to speed reform after poll setback<BR/>(http://malaysia.maribelajar.com/my/Malaysia_Encyclopedia#Malaysia_PM_vows_to_speed_reform_after_poll_setback)<BR/>Malaysia's prime minister vowed on Tuesday to speed up economic reform after voters gave his government a sharp wake-up call at elections this month. <BR/>Prime Minister Abdullah Ahmad Badawi pledged to review his economic plans to ensure they benefited the poor and said he would further reform the bond and stock markets and also overhaul the state's extensive subsidy system to eliminate waste. <BR/>"The result of the election was a strong message that I have not moved fast enough in pushing through with the reforms that I promised to undertake," Abdullah said in opening Invest Malaysia, the country's main annual investor conference, in Kuala Lumpur. <BR/>"I thank the Malaysian people for this message: point well made and point taken." <BR/>Don’t ever expect any expertise in Keynesian or Monetarism policies or any type of economic-monetary policies to come into play under today’s flip flop governance. My greatest fear is still yet to come - the proposal by the defacto Law Minister to amend Article 121 (1A) of our constitution which he intends to table to the cabinet and then to Parliament at the next sitting in his quest to have our judicial system equivalent the epitome of the world.<BR/><BR/>Abdullah to announce judicial reforms, says Zaid.<BR/>Prime Minister Datuk Seri Abdullah Ahmad Badawi will announce soon the Government's measures to institute judicial reforms. <BR/>Minister in the Prime Minister’s Department Datuk Zaid Ibrahim said although several details had yet to be decided on, the Government was fully committed to the task of returning the public’s trust in the country’s judiciary system. <BR/>Our country is indeed heading towards doom; Flip Flop PM must go NOWwhackthembuggerhttps://www.blogger.com/profile/12085935745793456830noreply@blogger.comtag:blogger.com,1999:blog-30322670.post-72957008317659977272008-06-14T01:10:00.000-07:002008-06-14T01:10:00.000-07:00What do you meaa he failed economics, tombirou? He...What do you meaa he failed economics, tombirou? <BR/><BR/>He couldn't enter the economic faculty.<BR/><BR/>Cannot even pass simple statistics, which is merely learing the simple bell-shaped distribution. <BR/><BR/>His understanding of economics is still ZERO!A Voicehttps://www.blogger.com/profile/01780035743502972342noreply@blogger.comtag:blogger.com,1999:blog-30322670.post-21850177223120326452008-06-13T23:50:00.000-07:002008-06-13T23:50:00.000-07:00what do we expect from a man who fail economics co...what do we expect from a man who fail economics compounded by sleeping sickness?tombiruohttps://www.blogger.com/profile/09405947305541567132noreply@blogger.comtag:blogger.com,1999:blog-30322670.post-55821393013671065452008-06-13T23:47:00.000-07:002008-06-13T23:47:00.000-07:00he never even know how to sell goreng pisang or ev...he never even know how to sell goreng pisang or even took any economic paper. how do you think he know how to manage the country monetary policy. dia cuma tau cakap saja and tido la. which pillow the best for him he know laall about foodhttps://www.blogger.com/profile/14766440219304120734noreply@blogger.com