Thank You Minister... !

last night.. i watched the telecast of RTM1 (a malaysia local TV channel) of the interview of a Minister on the matter of fuel subsidy and the retail price hike.

i must thank Mr. Minister for the effort of making the public understand that continue subsidy will benefit the country especially in the events of world crude oil price increase dramatically. well done. Mr. Minister also pointed out that the continuation of subsidy on fuel will not benefit the country in long run. i agree. He also mentioned that it is a time for us to learn to be moderate and wise in spending. Also learn to be more independent of fuel subsidy. According to Mr. Minister, the money that can be saved from the reduce of RM 0.30 fuel subsidy; i.e. about RM 4.4 billion at the end of year; will be put under a Fund. The money willl then be used for reform work on development; focusing on the Transportation sector. That;s very commendable. Almost everyone in the big cities in Malaysia are living in 'hell' (oopps.. too harsh) becoz of lousy transportation system n lousy roads system. Well that's the only planning that was mentioned for the money.

heheheh.. however... Mr. Minister's interview revealled lots of mismanagement, corrupted practice, inefficiency of certain governmental department, state government and some irresponsible individuals as well. for example, this BERNAMA GUY asked the reasoning for the increase of subsidised diesel for the fisherman has increased yet the return were still the same. This clearly shows there's a problem in the system. subsidized fuel has not reach to the hand of the needy. When Mr. Minister explained on the issue of where the money will go, as mentioned above to Transportation sector, he said that the system is not integrated and was previously run by private sector. I agree. But isnt it the fault of the State Government n City Council for approving such system to be built and route be used in the first place? clearly show that there are some guys just as the local would say 'main hentam sahaja'. And by the way.. small city, urbans, towns and kampungs.. they already have decent system n they dont need super cool systems.. so i think they are taking the wost deal.. need to pay for higher petrol price that supposedly the Money will go to Transportation Fund where they are not gonna use or benefit much of it.. aih.. Fair ar??? i dont really think so.. hope Government compensate them in some other ways.

errr.. Mr. Minister also commented on the salary issue.. well agree on the low salary and high living cost now. But Mr. Minister said that the Government cant do much bout it. They had dont their best in providing the COLA allowance that ranges from 50 ringgit to 150 ringgit for the Gorvernment servants according to their ranks. as for the Private sector's workers... i would suggest.. beg ur boss.. hey who knows u might get an increase of another extra 10 or 50 bucks..

well thank you Mr. Minister that they will take action for retailers or service providers or businessmen that nonsense-ly increase their price. He mentioned that these ppl receive subsidized diesel so they should not increase the price. Furthermore the transportation cost only holds 1.XX % of the total production cost. That's what he said. I dont think he meant for those Transporters, movers, Shuttlers n stuffs. coz we know that they use lots lots of Fuel. great.. great explanation.. but i was curios bout what he said.. something like ' how can they increase when they are enjoying subsidised diesel that is 15 cents cheaper?' .. ait.. that's mean 30 cents minus 15 cents still there;s an increase of 15 cents in diesel price..(am i correct Mr. Minister?) so i think it is fair that some industries that could not absorb the cost to increase their product or service price.. but of course everyone will be super happy if Industries could actually absorb more of these cost..

and lastly before i'm going to end my long post is.... Mr. Minister explained on the Malaysia's Petronas as the nett exporter of Petroleum. HE mentioned that the net is a very small amount. Only 75 thousand barrels a day (well i hope i got it correct from what he said coz i dont want to slander him or giving him a bad name; anyway i think that;s a possible figure coz i dont think i heard 75 barrels). i did the sum a little: 75 000 barrels a day X USD 60 per barrel X 3.78 (convertion rate) = RM 17.01 million a day.. equivalent to RM 510.3 million a month.. about RM 6.1 billion a year. wow... anyway.. not sure bout how true the figure is.. but it looks decent to me.. since they have so much money ; i think they still do after taking out taxes n royalty n administration n production costs.. hmm.. they should use the money wisely.. please dont spend shits..

ok.. oh.. pls dun be mistaken that i'm banging Mr Minister.. i'm not.. i just saying that he revealled a lot of nice stuffs.. thanks.. and as long as Mr. Minister n his Boss n fellow Minister buck up n use money wisely n for the benefits of the WHOLE of MALAYSIAN ppl.. then i think we can accept any of the hike.. Please Mr. Minister ask your colleague to work diligently and please we have enough of shame for the recent events.. i dont think i need to spell out here..

and.. oh yea.. we are not stupid.. Please dont tell us that we are cheapest in the region nonsense.. fuel price in other countries are more expensive.. i believe they are supposed to be compare on a dollar to a dollar basis.. if u want to compare.. compare their income also.. i like it when u say 'di England or RM 5.XX' i would like to add.. 'di england gaji engineer biasa RM 14 000' n this also clearly show that our Ringgit is too low.. revise. please..

alright... but last but not least i must really thank Mr. Minister for standing out and explain the matters.. Thank You.. !!!