SCwatch


MALAYSIA’S ECONOMY : IS MALAYSIAN GOVT IN DENIAL OR ‘SEEMINGLY COMPLACENT’?

It was quite obvious that Idris Jala’s ‘we will be bankrupt by 2019 if we continue like this’ declaration was bound to pit him against UMNO’s pseudo economists.

And it was in the form of UMNO Supreme Council member Norraesah Mohamad. click HERE

Do and you’re damned …. don’t do and you’re equally damned!

Najib is certainly in a precarious position and the only way out for him is to spin, spin and spin.

The result would be confusion amongst the general public and coupled with the rough arm tactics of certain agencies, may cause even trepidation and fear.

In all, it is hoped, amongst UMNO ultras, that the Malaysian Rakyat could be cajoled or even intimidated into supporting the UMNO led government for the sake of peace and ‘prosperity’.

As evidenced in the last General Elections in March 2008, the Rakyat will act or react on matters that affect their livelihood. The cost of living was a main election issue then.

Talk of subsidy cuts that will result in a significant rise in the cost of living for the man on the street will definitely have an impact on the next General Elections slated for 2013. People somehow have a better memory when it comes to ‘bread and butter’ issues!

It is therefore imperative that the higher costs that are to be imposed on the Rakyat be ‘tempered’ with an equally significant rise in transparency, accountability in all public and private transactions i.e. a significant drop in CORRUPTION and WASTEFUL OUTFLOWS by the government agencies and government linked companies.

The fiasco at Sime Darby is testament that all is not well at the government linked companies and that should be the first port of call for the subservient enforcement agencies of the country.

Show that it can and will be done, Najib!


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