We can’t find any more stupid people elsewhere.
That’s too crazy for today. And that’s why we have another topic to make noise about the government.
Actually it has not a news since many years ago. JPA has been reducing the scholarship for sending students overseas for years.
Originally the scholarship is to help outstanding students to have a chance explore to overseas universities and hopefully they will bring the most advanced knowledge and creativity back after they finish their study.
However, we know that many of our students, the top most outstanding ones, not coming back to Malaysia after study. Reason being, could be very individual. Or simply, those graduates with good knowledge, can’t find Malaysia have a place for them to really expand their talents. Anyway, that’s not the topic today.
What makes me puzzled is, what the fxck the guy talking about? We got to canceled the scholarship because we want out students to study locally? Still want to tell lie to people? Government cannot afford to pay for the JPA scholarship already – that’s the truth. Why not just say that?
Isn’t that we are going to bankrupt? Isn’t that we need to demolish the subsidies for people?
However on the other hand, we just been told that we have got a bill of 800 million on the building of new palace. And we have got the plan to build a new parliament building for another 800 million.
Then we telling people we need to reduce allocation on education?
Letter of Approval vs License
Malaysiakini report: Current Deputy Finance Minister Donald Lim Siang Chai answer the question by saying that the department had issued a letter of approval with condition to Ascot Sport allowing the latter to operate the football betting business. Is the big boss, Tan Sri Vincent Tan Chee Yioun that interpreted wrongly about the letter.
So, issuance of a Letter is not the same as a License. (full stop). It’s up to you yourself on how you want to interpret it.
The government has done nothing wrong. Not even need to explain why letting the news to spread for almost a month since they know it is something not right. Are they knowing what they are doing? It is cheating people. If a government can take so lightly what they made public, what can we trust? How can investors/business persons be confident with the country?
Are We Going to Bankrupt?
Now, who is right who is wrong? Are they knowing what they are talking about?
First of all, I am not economist. I do not know whether we are going to bankrupt in 9 years time as explained by Idris Jala or we are still in good shape and no risk of bankruptcy as mentioned by Najib Razak. The concern is, why can it be so simply when they announce something?
Who should we trust now?
Let see what had happened.
It was on 27 May, Bernama reported that ‘Our deficit rose to a record high of RM74 billion last year, and the nation could go bankrupt by 2019 with debts totalling RM1.158 trillion.’ That was announced by Minister in the Prime Minister’s Department, Datuk Seri Idris Jala.
Then what had happen? Together in the same speech, Idris had said that we need to rationalize our subsidy in order to reduce deficit and to avoid the said bankrupt situation.
And yesterday, 8 June, Bernama again reported that ‘Malaysia will not go bankrupt like Iceland and Greece following the nation’s success in maintaining its debts level under control and prudent measures taken to reduce debt rate, Prime Minister Datuk Seri Najib Tun Razak told the Dewan Rakyat."’
What a magic. We turn the economy around in less than 2 weeks time.
So what is our current financial standing then?
From a layman understanding, I suspect that:
1. At first, the ‘bankruptcy’ talk was a try to convince the people that we have to accept the fact that government need to reduce subsidy for us.
2. Unexpectedly too much objection to the statement above especially voices said why cut subsidy for people instead of reduce wastage in non productive projects and corruption?
3. People start to blame BN poor administration that has cause the problem and eventually putting people into suffer.
3. It must be too much of pressured felt by Najib and due to worry of losing votes, he have to deny the statement by coming out some other statements.
Conclusion: they do not know where we are now and do not know how to continue administer the economy effectively. All we see our government currently doing is ‘test water’ and react to the situation, not proactively control it.
PS: If we are so in deep shxt, why the hess we plan to spend money on building a new Parliament building, now (Bernama, June 9)? Is that really necessary? Weren’t we just spent quite a big buck to renovate the existing premise some years ago?
New Way of Identifying Genuine RM 50 Notes
What else can’t be wrong? We have heard that our new RM 50 notes should be the greatest in the world.
But it seems that the technology had been overdone. The latest development is, in order to verify the genuinity of a RM 50 (new version) notes, you can just put the money into washing machine, run a full cycle of washing. (In order to save energy and water, you may do it when you wash your clothes).
The real RM 50 notes will lose color after washing.
Don’t worry, that’s just prove that you have real RM 50 notes. After you have gotten light cover monies, just go to bank negara and exchange with new ones. Bank Negara acknowledge the problem and will definitely do the replacement for you.
We can Ban the Book.. but the World is Reading It.
We ban the book written by Barry Wain about some ‘facts’ about ex-PM? So how did it come along with? The book did mention something 100 Billion loses of national treasure, but what the real story is? Isn’t that people’s right to have a look, and if the story is just invention, why not Dr. M come out and clear his name? Why not we sit down and discuss openly to make things clearer?
The whole world might be reading, but we as the group of people that most involved are not able to have a peek. If the information in the book is so wrong, why not let us people find out the truth and tell the world what written in the book is just nonsense.
Anyhow, book can be banned, but information is not. If anybody having a kindle reader, he can just download a electronic copy from Amazon. At the same time, guess what, the book is hot selling in our neighbor Singapore. Guess how many of the purchase are Malaysian.
