A bankrupt Malaysia under Pakatan rule?

A bankrupt Malaysia under Pakatan rule?

KUALA LUMPUR – Several bloggers have picked up a provocative article discussing about Malaysia’s state of economy if and when Pakatan Rakyat takes over Putrajaya.


Bloggers such as Pisau.Net and Malaysia Must Know The Truth have higlighted this article which was originally featured in financial magazine The Edge.


The article mainly discussed on the promises which have been made by the opposition which targets young, first time voters, who make up the bulk of the more than two million newly registered Malaysians on the electoral roll, and the middle class in general.


The article says :The first was a promise to write of all National Higher Education Fund (PTPTN) loans and provide free university education, and the latest, a policy that will see a reduction in passenger car prices.


In a way, this is a promise to the young that the coalition can assist them in increasing their disposable income because when the two expenditures (PTPTN loans written off and cheaper car prices) these group of people would have more to save and it will be easier to spend on other things.


However, a pertinent question was asked : How do they (the opposition) hope to pay for these pledges?


The article says : If this question does not require answering, then politics would be an easy game.  Promise people everything under the sun, sit back and enjoy watching voters swing your way – hook, line and sinker.  But we do not live in a world where the electorate believes they can get everything for free.


The article also mentioned about fiscal discipline and how it is doubtful that this is high on the opposition’s agenda. It elaborated on the importance of fiscal discipline during the time when sovereign defaults and bailouts


They have not really explained how they are going to pay for its electoral promises.  And just to put it on the record once again – its electoral promises amount to a whopping RM206.5 billion in the first year alone.


The article also highlighted : “Let’s just put the cost of the opposition’s promises into context. The federal government budget for 2012 was RM 232.8 billion.  The opposition’s electoral promises alone account for almost 90 per cent of the total federal government’s budget.”  


“So if it were to fulfil its promises in the first year of office, the government would effectively not have enough money to pay the salaries of teachers, doctors, nurses, police and army personnel, let alone have the funds for building roads, schools, hospitals or providing welfare assistance to the poor.


Most of the money would have been used to deliver on its Jingga promises.


Read here for the full article



Source: MOLE

Penang Government must back up claims on low-cost houses

Penang Government must back up claims on low-cost houses

KUALA LUMPUR:  Kedah Gerakan Youth chief Tan Keng Liang urged the DAP-led Penang government to provide a full and detailed list of the 11,596 low and medium cost houses it claimed to have built since it took over the state administration in 2008.


Saying that the Penang Government should be transparent, Tan when speaking to The Mole said: “If the state government claims to have built these homes, they must provide a full list stating the exact location of where in Penang these housing units were built.’’


“Based on the Auditor-General’s Report 2010 not a single low-cost and low-medium cost houses were built in Penang and this is something Chief Minister Lim Guan Eng had admitted to in a Star news report,” Tan added.


“I do not think it is difficult for the state government to come up with the list.’’


Tan who is a lawyer by profession said the state government should not confuse Penangites between houses built by the private sectors and those built by state government-linked company Penang Development Corporation (PDC).


The Gerakan man was commenting on a blog post by Pisau.net stating that the 11,596 low-cost and low-medium cost units which Lim’s political secretary Zairil Khir Johari claims to have been built by the state government were untrue.


The blogger wrote: “Zairil had lied in the state’s official newsletter Buletin Mutiara last April when he said that 11,596 units were built by PDC and it contradicted a recent statement by him (Zairil) that 3, 806 units had been built by the state-linked company since 2008.”


Another blog post in Pilihan Anda raised the same issue, pointing out that the Buletin Mutiara’s report contradicted with an earlier statement made by Lim, admitting PDC only built 1,194 low-cost and 2,227 low-medium cost units while another 2,612 low- cost and 5,563 low-medium cost units by private companies.


Penang Umno Youth chief Shaik Hussein Mydin in a news report said the Buletin Mutiara report was an attempt by the state government to fool Penangites that it is determined to champion the fate of the poor in the state.


Zairil when contacted said the houses were built by both the PDC and private companies.





Source: MOLE

Mixed messages

Mixed messages

KUALA LUMPUR: Was Anwar lying, or was he just misunderstood? This is the question being asked regarding the opposition leader’s attendance at a forum in Delhi, India, at which controversial author Salman Rushdie also appeared albeit on different days.


Anwar gave a speech at the India Today Conclave 2012 forum, which had as its theme ‘The Asian Century: Securing the Global Promise’ and was held on March 16 and 17 in Delhi.


Anwar’s speech on the first day of the forum, was entitled ‘From Dictatorship to Democracy: The Triumph of the People’.


Controversial author Salman Rushdie, who spent years in hiding after his book The Satanic Verses was denounced by Muslim clerics, spoke on the second day of the forum.


Pakistani politician and former cricketer Imran Khan had pulled out earlier. Khan said he could not attend the forum because Rushdie had “caused immeasurable hurt to Muslims”.


On March 16, Anwar announced on Twitter that he would also be staying away from the forum in protest of Rushdie’s attendance.


“Azizah and I will not attend tomorrow evening’s programme,” he wrote, “in protest of the attendance of Salman Rushdie, who rudely insulted the Prophet.”


Anwar’s decision was praised by one pro-opposition blogger, who called pulling out of the forum “the right step”.


Pas’ official party organ Harakah Daily also took note of Anwar’s statement and said he was “the latest Muslim leader to stay away from a weekend forum in the Indian capital due to the participation of blasphemous British-Indian writer Salman Rushdie”.


Anwar did not “stay away” from the forum, however.


Today (March 19) blogger Pisau.net pointed out a March 16 article in Britain’s Daily Mail which reported that Anwar had in fact spoken at the forum. 


The article quoted Anwar as saying, “When I talk about democracy, I talk with passion and conviction because I know what it means not to be free. I know how it feels to be tried by a judiciary that is under the executive.”

Another blogger, RBF Online, posted photos that appear to show Anwar and Rushdie speaking separately at the forum.


Blogger MyKMU criticised Anwar for attending the forum and asked, “When will Pas hold a demonstration in protest of Anwar’s readiness to attend an event that would also be attended by Satanic Salman?”


A post in Anwar Ibrahim’s blog today indicated that Anwar had never claimed he would not attend the forum at all, but rather that he would not attend on the second day when Rushdie was scheduled to speak.


The post said that the issue of Salman Rushdie was “the Umno media’s choice in their ongoing efforts to attack the personal character of Dato’ Seri Anwar Ibrahim. The presence of Dato Seri Anwar Ibrahim at the invitation of the India Today Conclave 2012 organisers on 16 March, 2012 has been manipulated due to the presence of Salman Rushdie.”


“Dato Seri Anwar Ibrahim had a different slot from Salman and he was invited to speak the day before the slot featuring Salman,” the post said.

“Dato Seri Anwar Ibrahim boycotted the event involving Salman Rushdie  the next day, on 17 March 2012,” the post added, “as a sign of protest against the latter’s controversial writings which personally insulted the Prophet SAW.”







Source: MOLE

Let's declare our assets the DAP, Guan Eng & CAT way

Let’s declare our assets the DAP, Guan Eng CAT way

Blogger friend Pisau.net said the meaning of CAT = Corruption, Arrogance Transgression.


Yesterday Pulau Pinang Excos declared their assets publicly, which to me is an action that goes a long way towards proving that all these duly elected leaders are transparent while they discharge the trust given to them by the people.


But looking at the declaration that was made before reporters by the DAP government yesterday, some doubts come to my mind.


Because when PR ruled Perak previously, Perak state excos under ‘puppet’ Menteri Besar Nizar Jamaluddin held back and struggled to make declarations of their assets even though it was contained in their manifesto.


But suddenly Guan Eng and his excos voluntarily declared their assets and the people can see it for themselves.


The statement given to reporters by Guan Eng yesterday wasn’t in the format used by the Inland Revenue Board. It was just a form that they made themselves to create the perception that they are clean and transparent.


Read more HERE.

Source: MOLE