Another Reason for Why We are Going to Bankrupt

Recently the talk about bankruptcy has lead to heat discussion about rationalization of subsidies for the people.

However, less people know of, is where our countries money goes? We has been working hard for so many years hoping a better life. But the fight never ends. We struggle to earn more money, in order to cope for the daily needs. Yet the economy just don’t give us what we want.

Another good example why we are going to bankrupt.

Bernama reported on June 14, the under construction National Palace (Istana Negara), will be costing in total, 800 million. It was planned for 400 million some years back. Not sure why the cost become so high.

However, problem still, is our palace currently on Jalan Istana not good enough? Why was the project even been approved? What is the Parliament doing for the people?

And the building cost has doubled from the originally announced. What has been wrong in the process? Who has to be responsible?

Still, we have to spend money on such ‘white elephant’. In another hand, we been told that we have to save money from subsidies. We have to cut budget on education, medical and so on, which are the areas that really improve the nation as a whole. Our government really think about sustainable growth and creating a healthy, highly educated, well taken care of population? Chances are, NO. They only care about taking care of the cronies pocket.