Do Not Stop Development. | I agreed with Dr. Mahathir
comment on increasing the subsidy
amount on government controlled items
(petrol, rice, sugar, cooking oil, etc)
is not a wise move to counter inflation
or help the people.
If you stop the country development fund
and channel it into subsidizing the
necessities item, sooner or later you
will hit the dead end.
If a country stop or delay to progress,
much more damages will occured, investor
will move out, lost of confidence, no
more in flow of funds, the country
will get poorer. You are actually
hurting the economy. If the economy
is crippled, then where to find
fund to subsidize our basic needs.
Our nation must continue to progress
and excel. Development projects must
continue in a controlled manner.
We must solve the root of the problem
not covering it or patching it up.
What is the purpose of subsidy,
if most of the fund goes into
the pocket of the corrupted and
greedy business people.
If not enough rice, we plant more rice
and let farmer sell directly to the
people. Not through the middle-man that
sell it at high price for the sake of
their profit taking.
If not enough oil or the price is too high,
we stop exporting it or channel back
Petronas profit back to the people. It is
our oil, it belong to us not Petronas or
its shareholder.
Recently I heard news
that our subsidized oil are being stolen
and sell to other countries by our own
high profiled and government related
businessman. These people must be stopped
and bring to justice.
What is the use of becoming a member of
OPEC, a bunch of greedy businessman,
exploiting the welfare of the people. Their
countries are rich in oil but we are not.
We have limited supply. It is a disadvantage
for us.
The world should not trade food and commodities
that lead to hunger and poverty of the people.
Malaysia is rich with its natural resources,
we have everything and
we can be a self-sufficient country without
relying or exposed to the global market situation.
We have the ability to protect ourself. It
is just a matter of how our leader manage it. Many
aspects of our country failed because lack of
integrity, poor or weak management and full of
corruption.
Michael Lim Guat Yong
770312-14-5639
8-A-11, Permaisuri Indah Condominium,
Jalan Permaisuri 7, Cheras,
56430 Kuala Lumpur, Malaysia.
603-91872245
ml5639@yahoo.com
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Michael Lim Guat Yong |
| Kuala Lumpur |
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