EVERY TIME a mainstream newspapers report upon Petronas' profits, supervision fuel subsidies as well as how a supervision is helping a Rakyat withj only marginal increases during a siphon for motor fuel when universe prices rise, my blood vigour rises. The commercial operation editors only report indiscriminate ONE SIDE of a story, how a funding element keeps risin! g withou t also looking during a flipside. Being not a parrot, we have rebutted a government's continued use of "oil subsidies" as an excuse to raise oil prices during a pump, as well as each time contributes to an additional round of inflation.
> If a supervision were a caring as well as responsible government, it would have destined a inhabitant oil corporation, Petronas, to share rising revenues, as a result also profits, with rthe people, who have been also tax-payers. When universe oil prices go up, a local siphon cost should go "south", as well as during least sojourn stationary, as well as a peopple don't have to further tie their belts because necessary every day equipment keep rising in cost too.
> The Star upon April 6, 2012 reported a government's continued bullshitting via Domestic Trade, Cooperatives as well as Consumerism Minister Datuk Seri Ismail Sabri Yaakob, harping upon a government's purported kindness to a consumers who have been typical people by progressing RON95 cost when a it had earlier lifted a cost for RON97 by 10sen from RM2.80 to RM2.90 per litre.
Extracting relevant paragraphs of a headlines report:
RON95 funding to stay!
He pronounced most Malaysians were not influenced by a motor fuel cost increase given only 10% use RON97, which is not subsidised by a Government.
"Don't worry, we will still say (the subsidy) for now," he pronounced after launching a Perfect Livin '12 exhibition yesterday.
The tellurian climb in oil prices pushed a funding for RON95 motor fuel up by 10 sen to RM1.03 per litre in March. (ends Star headlines extract)
The alternative side of untold story
Let me remind a parroting minister which a country is a NETT PRODUCVER/EXPORTER OF PETROLEUM, so when a universe cost rises, we get some-more income for a higher-grade oil exports, SO MALAYSIA HAS BEEN A NET BENEFICIARY ON RISING WORLD OIL PRICES.
Yes, stream Opposition Leader Datuk Seri Anwar Ibrahim,having served as Finance Minister, has a "inside picture" of Petronas' balance sheets; as a result he was able tp guarantee an immeidate obscure of oil prices during a siphon if Pakatan Rakyat shaped a sovereign supervision as a pass height during a 2008's General Elections. Ditto is his guarantee during a impending 13th GE.
The Sunday Times today frontpaged "BN DELIVERS" quoting PM Najib Tun Razak as observant that, in launching BN's nationwide Jelajah Janji Ditepati fair in Batu Pahat, a people should realize which PR, comprising DAP, PKR as well as PAS, had only made empty promises.
He then listed BN's succesful programmes to help a people, again quoting a NST report, viz:
"The supervision had also implemented alternative programmes to palliate a people's burden, such as a RM500 allowancefor households eraning reduction! than RM 3,000 underneath a 1Malaysia People's Aid, providing book viouchers for students, augmenting a income of polite servants by between 7 as well as thirteen per cent, as well as setting up of 1Malaysia clinics as well as 1Malaysia outlets.
He (najib) pronounced as partial of efforts to palliate a people's burden, a supervision had not lifted a cost f RON95 petrol. (ends NST headlines report extract)
Sloganeering as well as half measures
To me, Najib in his three years as PM has been delivering lots of programmes which have been essentially "sloganeering" as well as imlementing "half measures" instead of rebellious problems during a roots, as a result a gifts of regulating a people's tax-money as well as Petrnoas' cache to benefaction away as "angpows" which will shortly be spent by a "poor" Malaysians.
Had a BN supervision been truly transparent as well as accountable in regulating a country's resources as well as taxpapyers' monies,there would have been no need for all these "token" handouts as oil porices during a siphon would not have been rised several rouds durinbg Najib's premiership, thus cuasing a cost of vital to rise, as well as attack a low-income as well as hardcore bad groups a hardest.
In conclusion, we would titillate which Petronas' oil revenues as well as expenditures BE MADE ACCOUNTABLE TO THE PEOPLE VIA PARLIAMENT. At present, Malaysians in general cannot be faulted for meditative a vital portion of Petronas' monies have been being siphoned off by "Barisan Nasional"putras for a good of reduction than 10 percent of a populace!
In fact, a sheninagans during Petronas would have double given a depart of Hassan Merican (pinched right away by a southern neighbour) as CEO as we hear from media! grapevi ne which he was a no-nonsense man of integrity as well as had it not been for his stewardship, most some-more would have been plundered from a nation's wealthiest economic entity!
Ha! d a inha bitant oil house been managed scrupulously as well as some-more openly, a Malaysian citizenry would have enjoyed annual bonuses like what a Singapore supervision by its state investment units has been doing annually to help those most needful a maximum as well as in a disappearing graduated scale as a recipients pierce up a salary/income scales.
Malaysia Chronicle
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