Saturday, July 30, 2011

Government looking into ways to fight escalating inflation:Muhyiddin (Too little too late?)

Deputy Prime Minister announced today that the Government is looking into several options to combat the escalating goods prices, he further claimed that this was done to reduce the rakyats burden. Mr DPM, thank you for the noble action, so finally you are admitting that we are indeed facing inflation, when all this while you and your colleagues have been denying the facts, statements after statements were issued to show that our price level was stable, finally you guys realized and relented and somehow agreed. well as the saying goes, better late than never.

Among the options, according to Muhyiddin are:

1) Assisting farmers
2) Law enforcement
3) Special incentive for the rakyat
4) Subsidy increment for the rakyat (other than the petrol/diesel/gas subsidy, wait a second, I seriously thought that you guys were against subsidy and planning to abolish it slowly, why the flip flop?...General Election around the corner?)

Don't forget, Muhyiddin is the Chairman of the Goods Price and Supply Cabinet Committee, and only now they are looking at these options?...What law enforcement are they talking about, take for example the chicken's price ceiling, it have almost become the joke of the century, it is always on paper, never ever being enforced, save for a few publicized and pre-planned visits to the Hypermarkets. Monopoly or oligopoly power should not be given for certain firms involved in certain kind of goods, especially food item.Open up the market, the prices would stabilizes itself, no need to protect certain cronies.

Or is this a prelude to the election budget, very clever ah.....in the budget you guys will throw all kind of goodies, and the rakyat will be on cloud nine...and you will come up with all kind of statements such as ...the peoples government...rakyat have to be grateful and God knows what...trying to pull a fast one ah.....mmhhh....I have something to tell you...you can fool some people some time but you can't fool all the people all the time......ciao.........a.h.baharom

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