Idris Jala's bankruptcy claim got shot from both sides
Minister in the Prime Minister's Department Datuk Seri Idris Jala's recent statement that our nation's treasury will go bankrupt if the federal government continues its provision of subsidies to fuel, food and some selected infrastructures.
According to Idris, Malaysia will also turn into another Greece if his government's spending on subsidies continues without reduction.
Well, we are saying that he is wrong in the sense that he is putting all the blame on the treasury's deficit on the subsidies. Doesn't he realize that our country's entire administration especially at the federal level and those states which are rule by Umno are totally infested with their corrupt and mismanagement of funding which were supposed to be channeled down to the people but went straight into the pockets of these elite politicians instead.
Didn't he realize that acquiring a submarine which could not guarantee its lifespan and the defense of our nation's waters (as it failed to dive), the blatant mismanagment in the PKFZ project and its contract activities, our fighter jet engines ending up in South America, a mismanaged and abused procurement system in the government (a pencil that cost about RM10.00/pc, a measuring tape priced at RM80.00/ea, etc), the orders for women high-heeled shoes by the defense ministry, a bus stop costs about RM30,000 to RM80,000 each and a lot more, which we can say, too many of these!
Doesn't Idris realize that all these corrupt activities which has been rampantly on the rise for decades had eventually ate up our nation's treasury for so long? Did Idris ever take up and review the corruption index which was reported recently by some independent analysts and corruption watchdogs?
Why ask our people to pay for all these wrongdoings? We we should bear the consequences which were abruptly caused by all those elite power hunger politicians in Putrajaya and their cronies?
Ever since BN rule our nation, our wealth, our welfare and well-beings has been deteriorating almost daily just because of these power hungry and money craze politicians in the current administration who continuously swindle the funds and the money that were once earned by everyone of us (and paid to the government as income taxes).
So, certain Umno leaders were also unhappy with Idris's claim of bankruptcy just because they are all part of the benefit taking from behind. Because of the provision of subsidies to selected supplies and sectors, they took the opportunity to squander and took them from our people.
They kept the stocks, raise the price, monopolize the supplies, got the contracts, the loans (and did not want to repay them) and became wealthier, upgraded themselves with prestige and as elites of their own race, claimed supremacy over the others with these "powers" they possessed.
And just because of the provision of subsidies, they took advantages of it, they misused it, mismanaged it for the benefit of their own families, clans and their cronies in order to become richer and wealthier.
As such, one simple word - get rid of corruption first! If the corruption rate stays or increases, our nation's economy can never grow better. And if our nation's economy cannot grow, how is our people going to earn their living? If our people cannot earn their living, how are they going to pay for the higher price if the subsidies are abolished?
