Monday, June 30, 2008

Who really made money from the RM 625.00/car subsidy pay out?

Recently, Government announced that the pay out subsidy for private cars below 2000cc, SUVs below 2500cc and motorcycles below 250cc be made on cash, via all the post offices in the country.

19 comments:

  1. Who really made money from the RM 625.00/car subsidy pay out?

    Answer is......


    Recently, Government announced that the pay out subsidy for private cars below 2000cc, SUVs below 2500cc and motorcycles below 250cc be made on cash, via all the post offices in the country.

    RM billions have been put aside for this exercise, meant to alleviate the burden of the much thought to be a 'Flip-Flop' decision of the exorbitant increase in retail price of petrol and diesel two weeks ago. The exercise was said to be decided by the 'Cabinet technocrats' Second Finance Minister Tan Sri Nor Mohamed Yackop, Minister in the PM's Department (in charge of EPU) Dato' Amirsham Aziz and Agriculture and Agrobase Industry Minister Dato' Mustapha Mohamad (from his NEAC experience), in a discussion meant to address the issue of IPPs and the affect on electricity tariffs. Eventually, someone proposed to unlift all subsidies on retail petrol and diesel eventually and pushed for PM 'Flip-Flop' Dato' Seri Abdullah Ahmad Badawi to announce hastily.

    Maybe the public is not aware who are the shareholders of Pos Malaysia Services Holdings Bhd., the wholly own parent company of Pos Malaysia which has been given the authority and funds to channel these monies.

    As of two years ago, pre-merger with ECM Libra, Avenue Capital Resources Bhd. owns 15.6% of Pos Malaysia Services Holdings Bhd. When the merger was successfully announced August 2006, which received approval of all the authorities (despite the attention drawn to the highly dodgy deal of ECM Libra merging with a much bigger firm and eventually took control), it was still believed that presently, ECM Libra still has the strategic 15.6% holdings of Pos Malaysia Services Holdings Bhd.

    So who actually benefitted from this subsidy payout scheme?
    If the amount is in the neighbourhood of RM 1 billion, then long term deposit with a commercial bank, Pos Malaysia or indirectly, ECM Libra would have made RM 39 million per annum or RM 106, 849.32 daily.

    That is not including the management or services fee that Pos Malaysia charges the Government for this service. If the charge is just 1.0% of the amount, it means Pos Malaysia would have made RM 50 million per annum free income without incurring significant operations cost. If the pay out amount for the year is in multiples of RM 1 billion, then the profits will be realised will be on the same proportion.

    That is definitely a great business model for the owners of ECM Libra, which include Riong Kali and Khairy Jamaluddin, two of PM 'Flip-Flop' Abdullah's closest advisers!

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  2. Joe, please don't be sour grape, you'll have your chance if you were in the government. Like years ago, someone claimed that the EPF computer financing was abused by some of the members, so they blamed the I.T. vendors for the abuse. Who ended up doing the payout agent? The POS Berhad but at that time KJ & "flip-flop" were still "watch" only; it was other UMNxPutra who benefits most.By right, for Sabah region, the payout agent should be the 4-D outlets of STC...

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  3. You guys are being fooled again by these "people-centred" government who are serving themselves in the name of serving you.

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  4. KJ is one of the biggest liar in malaysia. I pity those poor tax payer mostly chinese to pay their tax annually to feed this PIG, sigh!

    Evenhough the 4D, Casino, Toto the non halal money this guy also suck ... This hypocrite just pretend to be holy then anyone else in front of the SATAN!

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  5. Why must Chinese be seen as paying for most of the taxes in the country? This is not right, they should be contributing 60% of the taxes collected, and not the other way round. Where's the justice when the major contributor to the coffer has less influence in the decision making process of the country?
    The local Sabahan Bumi take note: Don't be misled by following the wrong teaching from the west malaysian that the Chinese should be bullied and not treated equally. It's like dividing your family rather than uniting them as one.

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  6. While the Nation demands as to "WHO REALLY MADE MONEY FROM THE RM625/CAR SUBSIDY PAY OUT?".Allow me to side track another issue in the Sabah context for our assessment.

    Malaysians in Sabah,PTI's included,congregate massively,with the hope and dreams of becoming a millionaire every Wednesday,Saturday and Sunday's at their favorite TOTO,88 and STC outlets.The gaming outlets are swarmed with people from all walks of the community.

    It is estimated that from Sabah's 3 million population,1 million are weekly punters.The Sabah BN Government imposes a 15% government tax to punters,supposedly to deter the people from such bad gambling habits,so they say.Notable politicians have also been visually sighted,trying the luck,as if they have not earn enough from dubious means.

    The estimated 1 million punters are paying an average of RM3 per draw as government tax.Mathematically speaking,the government is receiving RM9 million a week and a whopping RM36 million a month.This would amount to RM432 million a year in revenue earnings to the Sabah BN Government.It is known that the tax impose has been going on for the last 10 years,which has accumulated to RM4.32 billion.

    Th billion dollar question is"HOW AND WHERE WAS THIS MONEY USED".The Sabah BN Government as claiming their accountability and transparency must therefore make this publicly known to the rakyat.

    Cheers.

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  7. Who really take all this money..

    of couse Abdullah @ Pak Lah.
    of couse all TPM and anak menantu yang baham keuntungan ini.

    Abdullah is now on proceses to thing , about more income, how to get more income in a few month before he move out from putrajaya.

    Bekalan untuk sara hidup mewah.

    From minyak money to beras money to barang barang money to tax money to rakyat money and to his datuk money.

    Apa pun INGAT ABDULLAH BARANG BARANG TAK BULI BAWA MATI. Kau Ingat di neraka pakai diutkah.Bodoh betul tak pandai sembayang

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  8. who else? I have to pay extra RM3000-RM4500.00 each year and now I only get back RM625.00. who subsidize who?
    Govt shout let the Rayat know what is the real fuel cost !

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  9. http://www.malaysiakini.com/news/85355
    YOUR SAY: Do not test the rakyat's patience
    Jul 1, 08 9:18am
    ‘I call upon the police to exercise logic, restraint and fair treatment in the wake of this latest revelation involving Anwar Ibrahim. I do not think that any arrest will go down well with the rakyat. Please do not test their patience.’


    On Anwar files libel suit against aide

    Amir Hamzah Amha: Never before have I been more angry than what happened at on June 28, the date when another police report was lodged against Anwar Ibrahim (DSAI) by one Saiful Bahari for sodomy.

    I urge all supporters of Pakatan Rakyat to exercise restraint and patience and not to resort to anything drastic.

    Whilst the Barisan Nasional was busy deflecting criticism for the single highest petrol fuel hike in the world - even for non-oil producing countries, as well as denouncing the statutory declaration implicating Rosmah Mansor for the murder of Mongolian Altantuyaa Shaariibuu, a plan was devised to attack Anwar directly to silence further dissent.

    The plan was to arrest Anwar and to pre-empt any efforts by Pakatan Rakyat to take over Malaysia by Sept 16 which includes to sabotage the mammoth rally against the petrol fuel hike to be held on July 6 2008 at Padang Timur, Petaling Jaya, Selangor.

    I call upon the Royal Malaysian Police to continue to exercise logic, restraint and fair treatment in the wake of this latest revelation. Investigate where necessary but do not impair your reputation by kow-towing to the Barisan Nasional by resorting to unnecessary arrests.

    Let us leave the disturbing episodes of ten years ago in the black annals of Malaysian history.

    I sincerely believe - looking at the results of the 12th Malaysian general elections - that the majority of the rakyat is hungry, desperate and broke and they all look to Anwar as their saviour.

    I do not think that any arrest will go down well with the rakyat. Please do not test their patience.

    Yumcious: Seems like we are all letting our distaste for all things ruling-party muddle our thinking on this latest allegation of sodomy.

    I, for one, think there's something much more sinister than just a fella being rear-ended. I find it suspicious that this police report was so quickly leaked, and pictures of the person so quickly made available.

    This whole episode is calculated to cause maximum embarrassment to the ruling government, especially Najib. Now all the comments I've read so far indicate that people seem to think this is the work of the government.

    I know the masterminds know that it is sheer stupidity to launch another broad-side against Anwar, especially when the last one didn't quite take. And the seeming theatrics of taking refuge in an embassy smacks of play-acting.

    A blogger called it sheer audacity. I tend to call it sheer brilliance, as it has successfully turned more people, including Umno rank-and-file, against the ruling elite. Now, who would want that to happen? Mahathir? Or PKR themselves? Makes for interesting times ahead.

    And no, I didn't vote for BN the last time, if that's what you're thinking.

    Jeremiah Liang: The latest news on the Web is that a police report was filed against the opposition leader. At present, we do not know the truth and the details of the report. Whom can we trust for truthful information when there are doubts over the objectivity of the mainstream papers?

    Even several blogs can't be trusted because of their political leanings towards one party or another.

    However, we can learn from the history of the world - in every political crisis, the first thing and most powerful thing to do is to pray to God that He will intervene for the truth to prevail, for the lies to be exposed, for the injustice to be reversed and the innocent to be protected from the evil that has taken the hearts of men.

    So if we read or hear about a dramatic turn of events (such as the arrest of a prominent political leader), I think we should be prepared for a major crisis in the country.

    As an individual citizen, now is probably the time to gather our families and friends together in our homes and places of worship to pray as a nation that the next tsunami will be as peaceful and mature as the first one on March 8.

    G Krishnan: I imagine you were as surprised as I was to read the news that a police report has been filed against Anwar Ibrahim accusing him of sodomising an aide. I could not believe my eyes.

    If ever there was a desperate regime trying to hang on to power, this Umno-led cast of desperados has certainly got to be it. Let's be clear: there is no doubt what is being orchestrated here is an offensive maneuver to counter the pressure being faced by the Najib-regime in-waiting.

    You know the expression, 'the best defence is an offence'? The 'insiders' have now gone on the offence, and the game is only going to get uglier.

    The fact is, I suspect most Malaysians will see right through this ploy and know that their government is resorting to dirty games again – and again with the veneer of seemingly enforcing the law – to serve the narrow and personal political ambitions of a few.

    While I am inclined to agree with Anwar, what I find offensive is the propensity for a few with power to act with impunity and to exploit public institutions and resources to fulfill their personal ambition.

    This time, maybe we won't be subjected to a kind of public relations farce where the government would parade a mattress being transported to court each day during Anwar's last trial. But mind you, don't rule out some other theatrics.

    In fact you can most certainly count on it. After all, these are prodigies of Mahathir we are dealing with.

    But in all my cynicism about this latest twist of events, I feel a deep sadness about how we Malaysians have allowed these politicians to ram our country's image into the dirt. I am mad that my fellow Malaysians felt it worthy to re-elect a group of politicians so transparently misguided.

    I am disappointed that we have to endure such gutter politics when there is so much we could be achieving. And then I also wonder about another saying: we get the kind of government we deserve.

    Joe Fernandez: Apparently, Anwar's aide was missing for two days before the police report was lodged, according to media reports.

    He was sent for a medical examination. What guarantee is there that the aide was not sodomised, during the two days he went missing, by a person or persons unknown, in order to create a fait accompli? Deja vu?

    Will the police report be used to hang like a Sword of Damocles over Anwar Ibrahim's head? It won't be easy to drag him into court again for the same thing unless we want a long drawn out repeat of the infamous ‘mattress’ incident.

    What's happening in this country? Why aren't people focussing on managing the economy?

    First, we had the RPK’s statutory declaration on the Mongolian bombing and now, apparently in a tit for tat, this police report.

    Earlier, we had a bombshell from Justice Ian Chin and Sapp's no confidence announcement. All this could make a good script for a Hollywood movie with flashbacks included!

    Everybody is trying to shut everybody up.

    23PSI: This latest sodomy allegation shows just how seriously the threat of Anwar forming the next federal government is being taken.

    It strikes at the very heart of what is probably the only viable opportunity Malaysians have at seeing a credible 2-party system taking root in the country.

    Undoubtedly, some people/parties are willing to do just about anything to prevent the dismantling of the Umno/BN hegemony.

    Faizul Zainol: With the political backdrop weighing heavily against BN, they are forced to go back to their old script but with different players or actors. They must know that the rakyat cannot stomach this.

    Never will the rakyat be able to accept this, as was forced on them in 1998, all these sodomy allegations. My take is that this action is too desperate.

    Desperate situations call for desperate measures and certain losers in the BN will - at any cost - ensure that Pakatan Rakyat doesn't form the new Malaysian government or that Anwar will ever set foot onto the political stage again.

    So, Saiful is now being used? How much is this despicable scum of the earth paid I wonder? I am not saying that Anwar is a 100% maksum but to accuse him of being a sodomite again is just downright dirty and totally abhorrent.

    It won't work this time as we are in 2008 and we have knowledge of how Mahathir framed Anwar using the AG's Chambers, the police and the judiciary (read the Lingam Tape scandal report).

    Against a backdrop of negative public opinion, there is a real risk that if Anwar were prosecuted, many people would take to the streets, which the government may respond by clamping down.

    Anwar would be well-advised to stay out of circulation until it can be confirmed that all charges against him have been dropped and that his personal safety can be guaranteed by the ruling administration.

    Malaysians must stay calm and stay cool; we must not give the Umno-BN government the chance to declare a state of emergency and a return of Razak's National Operations Council (NOC) era.

    To BN, I say make the rakyat angrier as if we are not angry enough with oil prices, inflation and shrinking savings. Any foolish move from the powers-that-be such as this is miscalculated and will only harden the resolve of the rakyat and at the same time hasten the BN's demise.

    Eternal Optimist: This whole debacle is disturbing - that Anwar would be so 'careless' to do as he is alleged to have done. It does seem unlikely. Thus, it is not surprising that people are screaming 'setup'.

    But, equally desperate it would seem, is PKR's claim that photos of the ex-aide with ministers etc is proof that there is a government conspiracy.

    From various reports, this Saiful chap is/was an aspiring politician, and having been a student leader, it's quite possible he would have attended events or meetings where he could have asked for photographs with the attending minister or other VIP.

    It's quite a leap of faith to go from that to (and it must be said, without other substantive/ supporting arguments) turning it into 'proof of collusion'.

    As a common person, I think all parties should just let the police investigate the charges. If it's all a load of hot air, things will clear themselves soon enough.

    Marion Tharsis: A lot of happenings are taking place almost daily since the recent elections. Some are startling and some are ludicrous. The opposition having control of some states, are delving into past mis-managements and abuse of power by the BN state governments.

    It is like really kicking-up a storm that went unabated and without any check and balance for far too long. People have come to realise the racial game or intimidation won’t not hold water any more and they are more united in their stand than ever. The people have awoken and cannot be fooled any longer.

    You can stop federal funds to Penang and other states under opposition, make accusations and ridiculous reports about the opposition leaders, control and threaten the media, interfere and dictate terms to the judiciary and police who are supposed to uphold the honour of law and order.

    You can even use bullying tactics, typical of a police state. All these actions are only going to further isolate you from the people at large and not gain you an iota of support.

    A point in question now, is Anwar. Resurrect the old issue which till today, is very questionable with a lot of loopholes. This new allegation is seen as a very desperate attempt to divert some of the more pressing issues that need answers, accountability and punishment.

    Quite clearly, it has the makings and ingredients of a conspiracy to undermine the popularity of the man who is viewed as a threat and future leader of the country. It would be very interesting to see what unfolds this time. Perhaps, again, a mattress as evidence?

    It is very embarrassing for us and also gives the outsider an impression that our people are no longer safe in their own country and cannot be assured of any protection and have to seek refuge in a foreign embassy.

    Power corrupts and absolute power corrupts absolutely.

    Bravehart: Where else will they take us? This just proves one point - we need to get Umno and Barisan Nasional out of the parliament. Our so-called leaders are too old and complacent. Politics has become ‘harta pusaka’ (ancestral wealth)’.

    They feel they can do anything and no one will question. If these people can’t even handle a political turmoil creatively, how can they handle global challenges intelligently?

    Enough is enough. Malaysians will no longer tolerate such a blatant mockery of civil rights and an outright bastardisation of the national judiciary system.

    Azman Hamed: I was hoping that Dollah Badawi would be different from Mahathir but when he uttered that it is normal for an accused person to plead innocence, he had, in fact, much to my disappointment, echoed his previous boss.

    And that is in being cynical instead of being concerned, of wanting to stay in power as long as he wants, of defending tainted ministers and bringing the country into more debts.

    What a sad affair this is turning out for me and my future generations. Sigh. If only we can turn back time, we would have definitely have stopped Mahathir before he did more damage.

    Nithiyaavaani: I'm not surprised at all to hear the allegation by Saiful against Anwar. After 10 years, again a drama is taking place.

    The director and the producer are none other than the ruling party BN to divert attention from the price hikes over fuel and food, not forgetting the case of Altantuya.

    I'm thinking that the ruling party is still thinking that the people in Malaysia are dumb? Haven't they learned the lesson of March 8?

    Just an advice to PKR - please don't accept anymore new faces without knowing their intentions. I'm sure it's hard to determine who is a double agent but this is the best way to protect your party and also PKR leaders.

    It is always money politics in Malaysia. If you could, let us know whether Azizan is doing very well now.

    To the people out there, know that there is no more a clean system in Malaysia. Let us unite and change it. We chose the leaders and we can change them because the power is with the people, not with political parties which use dirty tricks.

    I'm sure we don’t want to be slapped again and again by BN anymore. Let us unite for our nation and prove that the power is with the people.


    On Najib denies involvement in 'conspiracy'

    CH Ong: He (Najib) said that the photo of his special officer with Saiful was taken when the 23-year-old came to his office to seek a government scholarship to pursue his studies.

    I thought that government scholarships are handled by Jabatan Perkhidmtan Awam. I did not know that the office of the Timbalan Perdana Menteri provides government scholarships.

    A Good Deputy PM: Najib is really a man of the rakyat. Why ?

    Because he meets up with poor students who want scholarships. To do this, he must find the time and he must really be a good manager of time because there must be thousands who want to apply for scholarships.

    What a good deputy PM!


    On Rais To Meet Turkish Envoy Over Anwar

    Thinker Seeker: ‘We will ask the ambassador to reconsider as it is meddling in Malaysia's internal affairs.’

    Well, I'm sorry. But we don't trust Malaysia to handle her own affairs.

    We do not trust the police, we do not trust the justice system and we've stopped reading your newspapers a long time ago.

    I think it's high time we allow the international community to meddle into our business.


    On We Chinese don't need to know what Anwar is or was...

    Siew Wah: I agree with the writer that Chinese Malaysians just need to give their 100% support to capable leaders like Anwar Ibrahim, his deputy R Sivarasa, popular blogger Raja Petra Kamaruddin and a host of dedicated men of honour in order to ditch the dishonest, inefficient, half-past-six administration of Abdullah Ahmad Badawi.

    We have just learnt that interested parties of the current adminstration have tainted Anwar Ibrahim with another sodomy charge which is a complete fabrication.

    The BN administration is sinking and the ‘boat people’ are trying to keep it afloat.

    May the hand of justice protect the good men whose names are mentioned above and clean up the mess.

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  10. He (Najib) said that the photo of his special officer with Saiful was taken when the 23-year-old came to his office to seek a government scholarship to pursue his studies.

    I thought that government scholarships are handled by Jabatan Perkhidmtan Awam. I did not know that the office of the Timbalan Perdana Menteri provides government scholarships.

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  11. Najib is really a man of the rakyat. Why ?

    Because he meets up with poor students who want scholarships. To do this, he must find the time and he must really be a good manager of time because there must be thousands who want to apply for scholarships.

    What a good deputy PM!

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  12. Ramai orang mengatakan bahawa kita punya PM ni tidur tetapi bagi saya dia bukan tidur. Sebenarnya Dia tutup mata untuk memikirkan bagaimana memperdaya dan memperbodohkan rakyat. Sabahan harus sedar segala janji Badawi itu adalah satu percubaan untuk memperdayakan rakyat untuk mengekalkan pemerintahan UMNO. Jadi jangan pandang ENTENG sama kita punya PM. Setakat ini dia pun belum jawap tentang Skandal OIL FOR FOOD, Kontrek untuk membekal Arang batu untuk TNB dna banyak lagi. Memang sesuai di gelar MUSANG BERBULU AYAM.

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  13. low income groupJuly 1, 2008 at 5:01 PM

    the govn announced 3000cc 4WD and pick up at Sabah and Sarawak are entitled to get RM625 subsidy, to help more interial pupils. But, is this a real picture?

    The real thing is the kg pupils and family live at interial aspecially the remote area are very poor, they can't even effort to owned a motorcycle, so how can this poor rural pupils get the benefit from fuel subsidy?

    Govn may think by implement this monies rebate scheme can makesure only our rakyat get the subsidies, but i don think the scheme is fair enough for everybody.

    Those pupils aspecially low income group who doesn't have car also affected by increase of fuel prices because prices of all kind of goods and services gone up, causing extra cost of living. Do this group of pupils getting any assistant from the government?

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  14. Khairy again... he is good in filling up his own wallet while his dad-in-law is still incharge... mb we can't blame him, he should know such chance would be gone anytime now.

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  15. 汽油涨78仙,柴油涨1令吉
    新燃油价格午夜12点就落实

    首相阿都拉宣布调整燃油价格,汽油暴涨78仙或大约41%,从现有每公升1令吉92仙,调涨至2令吉70仙;柴油将从目前的每公升1令吉58仙,暴涨1令吉或63.3%,至2令吉58仙。

    首相阿都拉於6月4日,5时30分在布城首相署举行新闻发布会,宣布新燃油津贴的制度,新油价将在午夜12时开始落实。


    阿都拉上台以来已调涨6次

    自首相阿都拉上台以来,我国的汽油从2004年至今已经调涨5次,共调涨了97.1%。至于柴油则调整6次,共调涨了231%:

    汽油5次调涨记录:
    1)2004年10月1日,从1令吉37仙涨至1令吉42仙
    2)2005年5月1日,涨至1令吉52仙
    3)2005年7月31日,涨至1令吉62仙
    4)2006年2月28日,涨至1令吉92仙
    5)2008年6月5日,涨至2令吉70仙

    柴油6次调涨记录:
    1)2004年10月1日,从78仙涨至83仙
    2)2005年3度调涨,3月1日,涨至88仙
    3)2005年5月1日,涨至1令吉08仙
    4)2005年7月31日,涨至1令吉28仙
    5)2006年2月28日,涨至1令吉58仙
    6)2008年6月5日,涨至2令吉58仙

    ReplyDelete
  16. 油价浮动百物腾升老百姓受害
    这是对人民另一种大规模屠杀

    我国汽油价格随着国际市场价格浮动,这是另一种对人民的“大规模屠杀”,因为这将使油价涨价100%,也将水涨船高地导致所有物价高涨100%,老百姓将是首当其冲的受害者。

    油价的自由浮动等于政府让人民自生自灭,而绝大多数的中下层人民将难以应对高生活水平的重担而被逼走上绝路。

    若跟随市场价格浮动,目前每公升售价1令吉92仙的汽油,届时可能向邻国的售价看齐,飙升约100%,至每公升4令吉左右,沙巴州人民将没有能力负担。目前通货膨胀恶化,白米价格高涨,人民已经叫苦连天,石油的涨价犹如落井下石,火上加油,再这样下去连米都买不起了,老百姓的日子怎么过?

    “无可否认的,国内油价高涨将牵一发而动全身,全国百物将随着高涨,如果石油涨价100%,也即表示所有物价都可能涨价100%,试问,人民将如何活得下去?”

    “油价高涨100%对于驾车者更是晴天霹雳,即表示车主打50令吉变成25令吉的车油,如果每月平均油费是300令吉,今年8月后将提高至每月要消费600令吉油价,这将使所有的车主深受打击。”

    我国石油价格自由浮动将导致石油价格的失控,必有不良份子在国际油价落价时乘机囤积石油与柴油,这将导致石油与柴油的短缺,油价如同邻国还算石油生产国?

    “如果马来西亚的油价和新加坡及泰国等不是石油生产国的价格一样或更高,那身为石油生产国对人民有何益处?马来西亚还算什么石油生产国?”“马来西亚身为一出产燃油的国家,可从国际油价的高涨获得丰厚利润,根本不可能以不是原油生产国自居,使我国的油价随着国际油价的升降随波逐流。”

    “从2004年5月至2006能2月,我国油价已经高涨了5次,使我国汽油已经涨价了40%,而柴油更高涨了102%,石油生产国还要在石油价格加重人民负担,这是非常不合理的,显示国阵政府没有爱民的心态与表现。”

    国油盈利增加应让全民分享

    世界原油价格攀高,造就了国油公司在2007年财政年获得马币464亿盈利,比起2006财政年的431亿高出7.6%。“而在2007年财政年,国油的国际业务营业额也从上一年的马币676亿元,增至966亿元。”

    国家石油资源应是属于马来西亚全国人民的财产,国家石油的盈利也应让全民所享有,身为石油出产国的国民非但不能享受更廉宜的油价,还要负担更高昂的国内燃油价格,是不能让人民所认同的。

    尤其是沙巴州是全马主要石油生产州之一,从成立大马44年后的今天,仍然只能享有仅仅5%的石油开采税,产油州的人民根本不能享有州本身的资源。

    “国阵政府在2006年2月27日宣布调升国内油价达每公升30分后,有表示将每年省下的马币44亿元来发展公共交通系统,,可是都只是发展西马各城市的公共交通,沙巴州一点也没从中受惠。”

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  17. THINGS HAPPEN NOT WITHOUT A REASON OR TWO!

    PETRONAS BASHING IS ORCHESTRATED.

    THE TARGET IS NOT PETRONAS. THATS WHAT THEY WANT EVERYBODY TO THINK.

    THE TARGET IS TAN SRI HASSAN MARICAN, PRESIDENT CEO OF PETRONAS.

    BEFORE I ANSWER YOUR QUESTION WHY, LET ME TAKE YOUR BACK A FEW YEARS.

    IMMEDIATELY AFTER PAK LAH TOOK OVER FROM DR.M AS PM ON 31.10.2003, A SMALL CONSULTING FIRM NAMED BINA FIKIR WAS INVITED TO MAKE A PRESENTATION TO PAK LAH TO PRESENT THEIR VIEWS OF MALAYSIAN ECONOMIC SITUATION BACK THEN. SUBSEQUENT EVENTS LEAD TO ANOTHER SOON THEY WERE MEETING EVERY OTHER DAY, OF COURSE ALL THESE WITH THE HELP FROM KJ, PM SON-IN-LAW. THERE WERE SO MANY PROPOSALS FROM BINA FIKIR THAT EVEN THE GOVERNMENT SENIOR OFFICERS JUST COULD'T KEEP UP. MEANWHILE, A PLAN WAS HATCHED TO TELL THE MALAYSIAN THAT THERE IS NO MORE MONEY IN TREASURY SO ALL PROJECTS ARE HALTED INCLUDING DOUBLE-TRACKING, SINGAPORE CROOKED BRIDGE AND MANY MANY MORE!

    BUT PAK LAH TELLS MALAYSIAN THAT AN ACTION PLAN IS IN PLACE AS HE CALL FOR ELECTION IN MARCH 2004.

    MR. CLEAN WON THE ELECTION IN 2004 BY BREAKING RECORDS FOR UMNO AS WELL AS BARISAN.

    EARLIER NEWSPAPER REPORT WAS FOCUSING ON KHAZANAH NASIONAL BERHAD PERFORMANCE AND AFTER SEVERAL COLLECTIVE COMMENTS ON KHAZANAH, PAK LAH ANNOUNCED THAT THE MD, DATUK ANWAR AJI, OF KHAZANAH IS TO BE REPLACED BY AZMAN MOKHTAR ON JUNE 1 2004, BARELY 2 MONTHS AFTER ELECTION.

    AZMAN WAS THE BRAIN AND MD OF BINA FIKIR.

    DATUK ANWAR WAS GIVEN CHAIRMAN OF FABER GROUP BERHAD.

    IT WAS PLANNED SO WELL THAT PEOPLE HARDLY NOTICED.

    KJ WAS SUCCESSFUL IN PLANTING HIS PEOPLE AT KHAZANAH NASIONAL BERHAD AND NOW HAVE ACCESS TO ALL THE ASSETS OF KHAZANAH.

    KHAZANAH PASSIVE POLICY ON ITS INVESTMENTS WERE CHANGED ALMOST OVERNIGHT.

    THEY WERE ALLOWED TO USED THEIR ASSETS AS SECURITIES TO RAISE MONIES FOR INVESTMENTS OVERSEAS.

    INVEST THEY DID INTO THE BILLIONS OF RINGGIT THRU CERTAIN INVESTMENT ADVISORS WHICH MAKES TONS ON AVISORY SERVICES.

    PERSONAL GREED IS DIFFICULT TO SATISFY!

    PETRONAS IS BY FAR THE RICHEST COMPANY AND MOST PROFITABLE IN MALAYSIA .

    PETRONAS HAS WON SEVERAL ACCOLADES AS THE BEST MANAGED COMPANY TOO.

    AND TAN SRI HASSAN MARICAN IS A TOUGH NUT TO CRACK.

    TO REPLACE HASSAN IS NOT AN EASY TASKS.

    SO WHEN THE OPPORTUNITY COMES, KJ & CO TOOK FULL ADVANTAGE TO BASH PETRONAS.

    USING MASS MEDIA WHICH HE CONTROLS, USING MANY BLOOGERS TO PLANT HATE MAILS INTO VARIOUS LOCAL SITES AND EVEN TO THE EXTENT OF SPREADING SMSes SENT NATIONWIDE TO BOYCOTT PETRONAS STATIONS AND PRODUCTS, HE IS SEEING THE DESIRED RESULTS.

    HE FURTHER ATTACK PETRONAS FOR NOT BEING TRANSPARENT IN THE ANNUAL ACCOUNTS, WHICH IS STRANGE BECAUSE KHAZANAH NASIONAL DO NOT EVEN PUBLISH ITS ANNUAL ACCOUNT. IT IS PETRONAS IS BEING BASHED.

    TAN SRI HASSAN CAME OUT DEFENDING PETRONAS SAYING ACCOUNTS ARE AVAILABLE, ONLY CERTAIN PEOPLE REFUSES READ IT!

    NEVER BEFORE HAS TAN HASSAN HAVE TO COME DEFEND HIMSELF. DEFEND HE DID, HE TRIED, BUT HASSAN DO NOT HAVE THE POWER KJ HAS.

    SILLY ALLEGATIONS WERE THROWN AT PETRONAS ALL WITH EVIL INTENTION TO MAKE PEOPLE ANGRY AT HASSAN FOR THE FUEL HIKE WHICH WAS ACTUALLY A GOVERNMENT DECISION.

    THE MODUS OPERANDI WAS SIMILAR TO KHAZANAH NASIONAL, BUT PETRONAS SEEM MORE DIFFICULT.

    MORE ATTEMPTS TO UNSEAT HASSAN WILL BE PLAN BY THESE GREEDY PEOPLE, AND ALL THEY NEED IS A WRONG MOVE BY HASSAN. SO FAR HE HAS DONE NONE OF IT.

    ONCE THEY WIN, THEY WILL REPLACE HASSAN WITH THEIR OWN PEOPLE AND PETRONAS MONEY (OUR MONEY) WILL BE AT THEIR DISPOSAL!

    SOME ONE MUST STOP THESE CULPRITS. AND DON'T SAY I DID NOT FOREWARN YOU.

    BARBARIAN AT THE GATES OF PETRONAS!

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  18. Lim Teck Ghee: Anwar emerged as the clear winner in this debate. He was substantive and in command of the facts and figures - to the extent that the short period allocated to both speakers permitted.

    Just as important, he focused on the issue and made a convincing case that the oil price increase was excessive, poorly planned and badly executed. What was impressive was that he was gracious and did not seek to over-demonise the government for the policy mis-step but called for its correction.

    Information Minister Shabery Cheek, unfortunately, used much of his time casting aspersions on Anwar's past record. In contrast to Anwar who appeared gracious and courteous, Shabery came across as a hectoring politician intent on scoring political points by making personal attacks and not debating the issue.

    While he attempted to analyse the rationale behind the government’s action, he also tied himself up in knots - by claiming for example that the oil price increase would help reduce inflationary pressure in the economy - a point that Anwar was quick to pounce on.

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  19. Ringgit sliding further and further under BN

    Recently, I interviewed some fresh graduates applying for jobs with my engineering company. I accepted two applicants on a starting salary of RM1600. It struck me as odd that 15 years ago, I myself started work as a fresh graduate engineer for the same pay.

    Indeed, if you compare the salaries of graduates now and 15 or even 20 years ago, you'll find little difference but that their purchasing power is vastly different. It's the same story when you compare salaries of shop assistants, office staff, factory workers and others.

    To compound the effect of inflation, the ringgit has depreciated greatly against all major currencies. The real income of most Malaysians has moved backwards.

    This is why many Malaysians suffer under the petrol hike. The root of the problem is that our real incomes have shrunk in the face of inflation and depreciated currency.
    Malaysians have not been spoiled by subsidy but are unable to move out of the time lock of stagnated and depreciated incomes.

    If you compare the per capita incomes of Singapore, Hong Kong, Taiwan and South Korea, they are a few multiples of ours although at independence all these countries were the on the same economic level as Malaysia.

    What has gone wrong? We were the rising star of East Asia, a country rich in natural resources with the most promising potential.

    The reason is massive corruption, plundering of resources, wastage of funds for huge non- economic projects, anti-public interest deals with politically-linked companies and passing-of-the -buck to the man in the street.

    Four decades of NEP where education, economic and employment policies are defined by race ensured that meritocracy took a back seat.

    Our university standard has declined and today the best and brightest of our youths emigrate to escape the racial inequity only to contribute to the economies of foreign lands.

    The reputation of our judiciary which was held in high esteem worldwide has sunk so low that foreign investors now insist on arbitration in Singapore in case of any dispute.




    We also have a slew of oppressive laws such as the ISA, OSA, UUCA and PPPA which stifle free speech and are designed to keep the ruling parties in power.

    We have become less attractive to foreign investors and now lag behind our neighbours in Asean for foreign direct investment. Even some corporations who have established themselves here are moving out.

    All the economic and social malaise cannot help but affect the value of our currency. The strength of a country's currency is after all, a reflection of its fundamentals.

    Furthermore, Bank Negara has a policy of weak ringgit to help exporters, never mind the burden on the common folk. The government is pro-corporation, not pro-rakyat.

    While the poor and middle-class are squeezed, an elite group gets breathtakingly rich. We have the distinction of having the worse income disparity in Asean. A re-distribution of wealth is under way from the poor and middle-class to a select group of politically-connected elite.

    The end result of this re-distribution will be a small group of super-rich while the majority are pushed into poverty and the middle-class shrinks. This is what happens when the rich gets richer and the poor get poorer.

    There is much that is wrong with Malaysia. The responsibility for pulling the country backwards can be laid squarely at the door of the ruling regime. It is BN's mis-governance, racial politics and culture of patronage which has seen the country regress economically and socially.

    We seem to be sliding down a slippery slope, further down with each passing year of BN's rule. Another five years of BN rule and we'll be at Indonesia's standard under Suharto. Another 10 years and we'll be touching the African standard. What a way to greet 2020.

    Gan
    Malaysiakini | Jul 8, 08 4:03pm

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