Friday, July 16, 2010

Of SUBSIDIES and WANTON Wastages......

It so happened I topped up my car tank yesterday with cheaper fuel and so saved maybe RM5 on a full tank.
The government has been quite bold in removing subsidies from fuel, gas and sugar as all these items will directly affect consumers. They have also done a study to show that your favourite "teh tarik" should cost no more than 1.25sen based on these increases.
I guess such studies are both meaningless and worthless as petty traders and kopitiams will not bother with such details. Besides no ever raises prices by 5sen these days? So expect to pay at least 10sen price increase for all controlled food items or a 5% drop in quantity.
Of course the government is in a quandry as its own Minister has declared that we are headed for bankrupcy like Greece by 2020 if if keep on doing the same things like spending beyond our means.
Not all the blame can be laid on ordinary folks who strive to earn an honest living. The government has to support Bankrupsi Negara cronies who have caused massive losses in projects like Bakun, PKFZ and dubious commission or corruption schemes like the Scorpene purchases.
Now to top it all, it has been revealed that at least RM4billion was spent by the Prime Minister's department for 2010 to pay more than 43,000 civil servants. That sounds unbelievable but true and the figures were given by another minister. Somewhere in Putrajaya, there is a small town's population churning out useless info like that useless bit of data like 1.25sen teh tarik increase.
I daresay this PM's budget and the 43,000 civil servants should be posted to the Guiness Book of World Records.
Malaysia truly Boleh!

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