The government has announced an increase in fuel price,RM1.92 to RM 2.70 for petrol & RM1.581 to RM2.581 for diesel. That's close to 42% increase. However subsidised diesel remain at RM1.431/ltr. The increase in subsidy of diesel shows an effort, however it may not prevent prices of consumer goods from increasing due to increase in logistic charges. Realistically, it may not help at all...so brace yourself for another round of inflation.
This increased reflects the global fuel price, which is totally outrageous due to speculation. Idris Jala, MAS CEO who was in the oil & gas industry (SHELL) before joining MAS reiterate that the current price is way to far from the actual value per barrel. No short supply of oil, it's just a game by speculators. Aren't you pissed?
What you'll hear again and again from the government will be "oh our price is still cheaper that our neighbours". Yes of course but our income per capita also hmm not that big. So definitely we are going to be affected in some way or another. The lower income group will definitely be hit hard from this.
Pak Lah again made a 'not so intelligent' remarks by encouraging everybody to use public transport more. Hellooo...remember the 'Tukun Bas' owned by SPNB, another GLC? Indirectly all the buses is owned by Kerajaan Malaysia. Our public transport system is way off from reliable and practical, and yet you want to encourage everybody to use our pathetic public transport? I think few thousands brain cells is missing from his brain. It's easier to said than done.
What we need is one reliable, efficient public transport nationwide. What is the use of nice looking RapidKL bus if it's driven by brainless drivers, who swerved from right to left, stopping whenever they think their dick ask them to stop, picking up passengers anywhere they think suits them, irrespective of the traffic chaos behind them caused by their dimwit driving style. Sure we have nice-looking buses roaming our streets, but with dick head drivers behind the wheel, it's close to useless. It'll caused one problem after another.
That's on the drivers, on the transport system alone, there is still lot's of room for improvement...look at the routes, increase the routes, increase the frequency, make it reliable for everybody to use it daily. Make it RELIABLE. Send the managers, directors to Adelaide, learn from Adelaide transport authority and replicate their system.
If the price hike is just another game by speculators, then we need to do something drastic so not to fell into their traps. Just look at our 96/97 economic crisis, sure almost every part of the world were affected, but some fell into IMF/World Bank trap, fell into those bloodsucking westerns and Jews tactic to crippled this small emerging countries economy. Some were hit damn hard, just look at Indonesia. They'll take lots and lots of years to recover. On another hand, we took drastic action at that time, we pegged US dollar to one value, and took enormous criticism from the groups that felt we singlehandedly throw their evil plan into the rubbish bin and put up our own system to get out from this crisis. We stayed on, take the hit, and in the end we see the light, we survived. Although it surely gave some impact, but as long as we are not at the bottom of the sea, we are still doing fine.
Now, can't we think of another way to get out from this crisis? I think there is a way with Petronas, but we need to be bold and shut our ears from outside critics for a while. Just do it, what important is we survive and we won't be the same as others. Don't join the groupies, that's what this western economic terrorist want it to happen... isn't it almost the same scenario as before? Think about it...
Chow!
Friday, June 6, 2008
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1 comment:
bodoh laaaa..i am pissed!
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