Wednesday, March 01, 2006

Petrol Hike & The Domino Effect Part II

Now tell me.. is part 2 neccessary? well, i've still got sum things in my mind i feel i should let out.. i dunno.. somehow this petrol hike kind of triggered a switch deep down in my twisted mind.. so here goes..

I would say the main problem is that too many people are making too much money scamming the people.

The thing is, so many idiots think 'we' got it good coz there's still fuel subsidies (compared to indonesia) when i think the gov are running a pyramid scheme with car buyers financing the fuel subsidies which the rich enjoy more than others.

After all if you're going to save up to RM100,000 in car taxes, thats a lot of money to put back into the economy, maybe more would decide to fly and MAS would benefit in the long term. Now with expensive cars and cheap petrol people say "ive bought the car better use it" instead of thinking about alternatives.

The whole "National Car Policy" is a disjointed mess that just cannot fit in with the rest of the economy, which is probably why they cant get it right. They know they cannot continue with crazy taxes and AP's but no-one can bite the bullet and needs to do what needs to be done. Our cracker ex-PM has done a 180Deg turn on the other side and seems to conflict with himself (which he has always done) and Paklah me thinks is too tied up with too many lobby groups that the best action is inaction hoping the status quo can remain) however outside market forces are eating at the castle walls and by the time this administration wakes up, it will be too late. Proton, Petronas, MAS will all be bust. If we're lucky, perodua will pick up proton and keep it going, if not, VW will buy it anyway and bury the name just out of spite.

We better hope whatever policy they finally come up with will be about how to revive the car assembly/production and support industries irrespective of makes, and not another irrelevant national car policy which is so focused on car prices at the expense of direct investment by the car giants. The gahmen's addiction to high car taxes coupled with the need to reduce further fuel subsidy is gonna make malaysia have the highest cost of car ownership in the world, coupled with the miserable fact that people don't have a real alternative in the form of efficient public transportation! It's bizarre to think a major bulk of a household's debt and expenditure is on a piece of stupid metal with 4 wheels coupled to an engine which in reality is cheap coming out of the factory...the freed up money from such a hare-brained policy is much better spent in other areas of the economy...borrowing money from banks (with insanely high interest of course) to pay taxes to the govt is really farking nuts!!!

Well, what to do.. with more "jaguh kampung" style of management or control, there will be more wasteful taxpayers resources and more useless "lawatan sambil belajar" by each Departments. In the end.. we're all screwed to the moon.
i dun have anything against the country. its just that i dun see how the government is really taking care of the people ahead of their own pockets nowdays.. Look at the bigger picture.. be it sports, politics, economics, etc... where do we stand? let me rephrase.. how do other countries see us? what qualities do we have? do we stand out? riiigghhtt.. we have tall buildings which stands out.. ok.. we have a first class racing circuit.. ok.. we're one big oil exporter.. ok.. we've got good shipping ports for ships.. ok.. we have one world class squash player.. ok.. we have our own national car... ok... but its only superficial.. behind all those.. we have poor people ie earning less but MUST spend more... 2nd rate cars which is substandard to those imported ones (which is also not that popular outside)... 2nd rate oil.. we got sweet crude.. export out, and buy sour crude from other country.. very clever indeed..

To end it all, i feel.. hoping for the best is no solution. As society matures, we have to come to realization that we could play a role in making a difference. As long as malaysians in general only know how to talk cock sing song curse this curse that, but chicken out when it comes to voicing out their opinions with lame excuses, malaysians deserve this kind of gahmen they get. My advice to all, be prepared for more higher interest rates, higher petrol hikes, higher tax, higher price in consumer goods, and of course earning the same low salary all the while...

Malaysia Boleh..!

1 comment:

Anonymous said...

yeah...Malaysia Boleh!! what a nice speech !!!