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Wednesday, June 4, 2008

RM2.70 Petrol prices from midnight tonight till August!!!

The Opposition promised lower petrol prices, Barisan wants to increase it by at least 100% (bonus: FREE float system - market forces). All these will be implemented by August (if BN is as efficient as can be). That is roughly 1 month before Anwar says he will take over. Is Shahrir making it easier for Anwar to fulfil his long time dream?

Is there already a Trojan Horse inside Barisan Nasional which we are not aware of? Of course this can't be right. But what can BN do? Nothing. They have taken out so much from the system and into their pocket that they now do not know how to deal with the current situation. Oil prices, food inflation, US credit crisis are not initiated by Malaysia or its government. The inefficiency, corruption and among other things near-sighted visions of our leaders did not prepare our country for the worst. Now is the time they will learn people's power.

The 100% increase in petrol prices plus the other to-be-unsubsidised items like sugar, cement, flour, rice, etc will create hell of a havoc to the community. The change too sudden in the current economic situation of the country and the West. Bad timing in bad times.

To increase petrol prices without considering lowering the taxes of cars and comparing our petrol prices with neighbouring countries is UNFAIR!!! Sell a Toyota Camry to me at Thailand's price of RM100 K, and I'll be will to use that RM49 K to pay for RM 3.50 per litre (Thailand price) any time!!!

Our supposed leaders do not have enough better economists to advise them. They are still not willing to invest in talents. So it is cheaper if their civil servants can contribute ideas as to how best to contain inflation and to advise them on this subsidy problem. In this way when things go wrong the civil servants themselves have themselves to blame. Our leaders are running on lost time. When they should be efficient and productive, they were basking in the success of the 2004 election results. Don't tell me they went shopping in London, went to Australia to buy properties, buy yacht, flirting in Mongolia.

A 30% increase in petrol prices in Indonesia already see protest in the streets. Are Malaysian so well to do that it will have no impact on them? At the moment people are already complaining quietly with current situation, wait till they feel the constraint of their ringgit.

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