Friday, August 17, 2007

ah long's cages

Dont borrow from Ah Longs. Police will step up operations to wipe out these menace of fleecing the small business people and common daily waged earners. Yet these people still go for these Ah Longs inspite of what we read in the newspapers about their punishments and sometimes deaths too. Why I beg for an answer? It is again on the Police to trace these people of illegal lenders. So it boils to down to some 'Taiko' doing some illegal money lending businesses. Have the banks do enough to help these small business people and the ordinary waged earners? I say no! The loan sharks give out loans without collaterals. But banks will comb you with all the finer points and documents until you feel you are a prisoner to the banks; then the officers of the banks tell you it can be approved within 48 hours. Yesterday as reported in the Star newspaper, police busted and arrested 7 loan sharks runners who caged loan defaulters in cages! I hope the Police will do more busting to get rid of these loan sharks prying on the weaknesses of the people. I can only say it boils down to the sleeping government which sleeps through or refuse to hear the cries and complaints from the people. If the government of BN has done something concrete, I am sure there wont be loan sharks prying on the small business people and daily waged earners. The police should trace all those stickers on the walls or public places which I dont think it is so hard to do. Every pertinent information is printed on the stickers. The police just needs to call and try to pretend to borrow money. You can see it everywhere in the towns or cities or kampongs too. Is is so hard to nail these loan sharks or the people behind all this scam? Minister of Finance must check the banks too. These banks caged their costs to the borrowers. Go ask CAP where the president of CAP will give you a earful of what the banks are doing - daylight robbery where the sleeping government doesnt know or pretend not to know. The government elected is for the people not against the people, here what one sees is the opposite. Now people dont be a fool to let the gold carrot sways your emotion. You lose your pot of gold if you fail to control your greed. We can initiate change; go for it people!

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