SCwatch


FALL OF FRENCH & GREEK GOVTS : SAME CONSEQUENCES FOR MALAYSIA’S UMNO LED GOVT ………. IF AUSTERITY DOES NOT COME WITH FIXING THE LEAKAGES?

The democratic removal of the President of France and the government of Greece in recent elections may not have been big news in Malaysia.

The underlying reasons though may be of significance…….especially to the UMNO led government helmed by Najib.

This may also explain for the fall in the regional stock markets when news filtered in on the fall of the French & Greek governments.

Significant also because the French President was a right winger whilst the Greek government was left leaning………and yet both for voted out for the same reason.

And what was it that they initiated that drove them from office?

It was the austerity measures…….that effectively reduced the take home pay for the man on the street, assuming he has got a job!

As for the man without a job………it means added burdens to put food on the table for his family and dependents!

It becomes more serious when the electorate feels that the predicament placed on them was due to the mis-management of the economy by the government.

This was obviously the case with Sarkozy of France who was busy acting like Big Brother in Europe whilst ignoring the plight of the French electorate insofar as their basic well being is concerned.

President-elect Hollande’s French dream……”fairness to all, new opportunities for the young and better lives from generation to the next” sums up the disillusionment of the French people with the Sarkozy government’s detachment from the aspiration of it’s people.

The Greek government fared no better with the inefficiency of it’s bloated civil service with perceived wide-spread corruption.

I believe these developments will make the Malaysian UMNO led government think even deeper as to whether it has done enough to sustain power at the forthcoming General Elections…….if not the following one!

Gone will be the days when they (read:UMNO) can play one race against the other.

This is because each family/individual unit will be looking at their economic well-being as their first priority before delving into other matters of dispute.

If they find that the resources of the country are being sucked dry by the very people or party that had been elected into government…….they will just as fast boot them out of government.

The French and Greek governments will testify to that.


1 Comment so far
Leave a comment

I’m excited to uncover this page. I wanted to thank you for ones time for this wonderful read!! I definitely enjoyed every part of it and i also have you saved as a favorite to look at new stuff in your blog.

Comment by luces Led




Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s



%d bloggers like this: