Wednesday, February 01, 2006

a new day 4

The petrol hike will come. There is nothing much the consumers could do about it. In our lives the government has the mandate to push it down to the consumers. We elected them now we harvested our prizes....The lower income earners will get the brunt of the price increases. It is not only the petrol but other essential goods and services will spiral in tandem. The usual mantra of the BN government is 'We are still cheaper than the neighouring countries say Singapore' The cabinet never compares it within the bench mark of the peoples' remunerations. As far as I could remember the cabinet never done it. The people just grumble/curse/angry yet cough out money to buy the essential goods to live on day to day...The sunlight still shines; the long running has to bear with it; and until such times bite our own bullets to struggle to survive. I predict it will be around $1.82 per litre of petrol. Even now the hawkers' food have increased their prices. In Penang a bowl of cendol at Off Penang Road has gone up to $1.50 from $0.40 in early 90s. The last time I was in Penang it was $1.20 a bowl of cendol. In my current base my regular stall for kueh teow soup has gone up by $0.30 but he charged me $2.00 instead of $2.30. So I don't know it is for CNY after which the price will return to $2.00 for a bowl of kueh teow soup. The money in your pocket has shrinked overnight.

And here comes TNB....the hike in electricity bill. This is a cash cow unitility company controlled by the federal government. It is a monopolistic utility. In the newspaper report it has a whopping debt of $30 billion! Every financial year it says it makes over $1 billion profit. Then the company shouldnt increase the rate. No...it require it to pay off the whopping debt! To me the management fail in its duty. Look it is cash generated company. There is no reason that the company couldnt pay its debts. It is a failure in its management. So instead of using tax payers' money to bail out the company the government will allow the tariff hike to reduce its borrowings
When this is not successful then it willl be bailed out by the tax payers' money in the spirit of national unity!!! A company shouldnt be run by only one race. In Malaysia it should be a mix bag of her citizens to run it. So the best of Malaysians will be employed to boost the image, profit and sustain the enterprise.

And Telekom....the giant walks a slow step. Look at the new completed housing estates, there are no telephone poles at all. So no business generated. People complaints and yet nothing happens. The government never barks any orders. "I leave it to the management and Board to decide" The managers never go out to check and ask for business. You know why? Monopoly!!!!
So this giant takes its own sweet time to come...It is time the federal government breaks up all the monopolistic companies in its stable. Let more companies start this business and ultimately the people benefit. Look beyond our shores - Hong Kong. You can talk for hours from Hong Kong to any place in Malaysia it never costs you a bomb. It is so damn cheap!!!

The PM recognizes the weaknesses yet he takes his own sweet time to explore. He was a government servant before he became PM. He knew what was on the ground. Now his eyes couldnt see anything. "Come walk with me" to see more prices increase, more corruptions, more bailing out cronies companies, more burdens to the people. Even the imported cars thousands and thousands got stuck in the ports.Why? No AP.....delayed in issuing...now temporary 8,000 APs were issued..

Hello Malaysia! It is 21st century yet you are working in the 19th century mentality! Slow and steady win the race? We will be far far behind............in the globalization

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