To Rationalize Subsidy? Why Not Rationalize the Government?
1Malaysian government is making it’s debut to ‘RATIONALIZE’ subsidy on a few daily necessities.
All together it’s about price hike for sugar, petrol (RON 95 and 97), diesel and natural gas.
Ok, we had made known that we need to rationalize the subsidy system so that government have more money to spend on core development projects like for education, health care, infrastructure and so on.
I strongly agree that in an advanced economy, we should just let what ever goods in the market to be priced according to the market in nature.
However, I do believe that we have a lot more issues to be RATIONALIZED, from a situation somewhat ridiculous. Just name a few:
1. PKFZ project had wasted billions of ringgit and now what? Nobody is responsible for that. People who had been approving the spending with fishy arrangement are happy all the day. Did we got any RATIONAL explanation about the whole case? NO!!!!
2. The purchasing of Royal NAVY’s submarine. Some how we heard that whole deal involved murder of a poor lady, technical issue with the sub received, payment of a big amount to Perimekar S/B don’t know for wat, some more France government is investigating the manufacturer for flaws in the whole deal. What? Do we have a somewhat RATIONAL explanation? NO!!!!!
3. The book "Malaysian Maverick", had raised discussion about our ex-PM who led Malaysia for 23 years. Some part of the book pointed out that he had burned more than 100 billion ringgit in a few finance scandals. The government strongly believe that Dr M is innocent but take no action against the writer who could be charged for defamation. Anyway nobody have a RATIONAL explanation either, for whether the book is telling the truth or Dr M were always clean and clear. NO!!!!
4. While we had just been told to tighten our belt, we still got to pay for a 800 million palace. The project was started with budget of 400 million but inflated to a bill of 800 million. Who did explain to us why it was so badly budget overran? Why we need to spend so much? NO!!!!
5. Recent years we had our government servant doubled. Meaning, we need to spend double the money to pay for their salary. Why we need so many people in the government departments? Our population is not doubling up. Who the hell those excess government force servicing? Anybody can explain to us in a RATIONAL way? NO!!!!
Nobody had RATIONALLY telling us what is happening in the country. Government just pretend to be nice to people but the fact is, nobody really care what kind of life we are living.
If things got to be RATIONALIZED, the very first to be taken care of is the government who managing the country now. That’s the most ridiculous thing that need to be corrected at the current moment, URGENTLY.
Malaysian Logic… Does It Make Any Sense?
This is not about arguing anything. I had the same mentality as well. Our country is so bad, why not just move away?
Of course, I do not have any statistics how many Malaysians are keen to migrate. But we know from public news some time ago, there are currently hundreds of thousand Malaysians living overseas.
Ok, if you have a chance, I do encourage you to explore overseas opportunities. It should be a good life experience. Be it working, or studying. Open yourself to more possibilities.
Anyway, what I intended to discuss here, is the LOGIC we always apply.
I did not have this as my original idea. I read the news paper and came across the article like this. (Credit to SinChew JitPoh for this mind enlightening article).
Are we continue to stay calm and quiet to let our country getting worse? I do not want to convince you about supporting anybody or oppose anybody. Do what you think is right. What I want to emphasize here is only, when things are not right, try to correct it. Not trying to run away from it.
Hard to do, but it is not impossible to do.
What are you searching in #life?
Imagine… it was a time, when there is no such thing called civilization.
Human… the very ancient people, hunting for food day in day out. Were they searching for something?
What are you searching in life?
Maybe something had stimulated them to start looking for something other than food… to live life different from other animals.
Maybe got somebody began to find way to start a fire… the effort maybe had taken him whole long life.
Maybe got somebody began to invent weapon for hunting… the effort could have made him busy for whole life as well.
Maybe… it was the time when people spent whole life for something they passionate at.
Nowadays what are we searching in our life? Comfortable life? Some vision? Some great objective in life?
Or… work, eat, have a house, have a family, earn some good money… then waiting for the end to come?
Continue thinking…
Is This Considered #Gambling as Well?
Penny Auctions… some new concept found getting very popular on the Internet since some 1 or 2 years ago.
Concept: you need to buy credits with certain amount, then only eligible to bid. It is so called ‘Penny Auction’ because the item that on auction, starting with very low price, for example 1 cent. Every bid will increase the bid price by 1 cent as well.
Some typical operators, sell to you 1 bid for 1 buck, more or less. Sometimes they give you promotion price when you buy big chunk.
So let’s start bidding. For example a electronic gadget, worth 500 dollar. Starting with 1 cent.
Here comes the bidder. One after another bid for the product. The final bid price are always looking so attractive because with 1 cent increment, how much can it be? Even after the bid price increased 100 times, the final price is just 1 dollar.
That’s the main attraction why people are joining the bidding. Of course, some may just look at it a fun game and to try their luck.
However, let say the final bid price for the product is 20 dollar. That means, all the bidders that join the bidding process already exhausted 1999 credits in total. That can be translated to 1999 dollar all together.
Ok, the person who win the bid can get the gadget with 20 dollar paid to the company. Of course, maybe he has just used 100 credits to win the auction, with some luck and intelligent. His cost of owning the gadget is 120 dollar.
The rest of participant that lose the game, gets nothing. Their total lost is 1899 dollar.
Where the money goes? You see in the whole game, the company take 2119 dollar, and pay out 500 dollar for the gadget to give to the winner. They get net profit of 1619 dollar. Wow… what a good profit.
Is this considered gambling? Exchange small money with big gain without any guarantee of return?
