Story behind 10cent oil cut-Malaysiakini

Petrol prices cut by 10 sen
Sep 24, 08 2:08pm@http://www.malaysiakini.com/news/90289
The government has cut petrol and diesel prices by 10 sen to RM2.45 and RM2.40 per litre respectively effective tomorrow

So I suppose to be wake up smiling huh...Yes with big smile on my face right now..Well of course I do.Yahoo!!!Thanks alot Pak Lah but why you need to increase and reduce in 1-2 mths time?Ohh of course,he promised to hang on with global price.Yes ,he just following Dow Jones Index closely..No bad huh,he finally keep the promise but wait a minute , don't you think the damage already done and still beyond repair?

Well,when I mentioned damage,I'm refering to our skyrocket inflation which now standing at staggering 8.5.Now can we reduce it just by cutting 10cent for petrol in addition of earlier 15cents cut???Do we agree with oil price parallel to inflation ? Oh yes,we believe that..But the question now,Can we ever manage to reduce goods price which saw increase aftermath staggering 2.70 saga??So how ,you still think we can bring down the inflation back to normal just by reducing oil price ??The answer is plain no..Welcome to another project rahsia dari kerajaan Barisan Nasional beyond any classification..

Well such oil increase actually a cosmetic one.In fact ,we can't depend on global price at the 1st place not because we are the net oil exporter but for few other untold reasons.Government really don't care about subsidy and never bother them.They still capable to bring down the oil price and maintain it even with high global price...There is hidden agenda behind the oil price yo-yo..The real untold story which I going to reveal today..

Do we ever realise,Malaysian in total paid for the subsidy the day the own a vehicle??Hmm..I own latest 2008 Honda Accord 2.0 Vtec which I brought 3 mths ago and I paid RM142,800.00.Together ,I paid RM76,000.00 for government duty which I paid extra 115% from the actual car price(don't be fooled with given car duty in pamplet,actually the figure is much more higher considering tax on manufacturers and other untold charges).Hey,I already paid my subsidy for life..And to date I already change 3 cars & still owning 2003 Wira 1.5 which suppose ,I paid almost 4 X or maybe more of life worth of subsidy, if I calculate my life span till 75.So what's the big fuss about oil price?Can government actually review the car price if they decide to play with subsidy yo-yo??I really doubt it since car duty is one of government main revenue,straight from citizen pocket.This is the reason,we can't compare Thailand or any other countries around us.They giving a fair price for the car with reasonable duty but here we buying PROTON with luxury price tag.

Well,the price of goods in Malaysia revolves around oil price and within 2 mths of 2.70,we facing tremendous increase in anything we buy.If government know this,why they need to increase at 1st place?Why giving chance to increase the goods and of course inflation??.The reasons is clear ,government are working towards pleasing manufacturer and maybe they trying their best to avoid foreign manufacturers & investors from leaving.See,our government never fight for our wage,they don't bother about our suffering,they never think about our rice bowl but they are much concern with investors.Wait a minute,do we need investors to generate our economy & to provide jobs???Yes,I can't deny that.But do we need to sacrifice Malaysian stomach to please investors?Don't we have any other option??

How about Singapore?Don't go far..Goods is expensive,oil is expensive and yes the car is expensive as well(for traffic reason)but how do they survive?Of course since their government push for higher wage and successfully setup high bench mark for Singaporean work force.But still why the investors flocking Singapore???Why hardly they leave Singapore even during dark periods and still choosing Singapore??Do Singaporean use any black magic or Voodoo??The answer is simple.Singapore is a land of 1st class infrastructure and they own many regional sole dealer HQ's or in another word almost every goods we buy ranging from machinery,food,cosmetic etc today coming from Singapore sole dealer.Investor simply love this factor since such regional hub will provide cheaper import tax and avoid excessive mark up for 3rd person.So if we setup a factory in Singapore,everything from raw material to machinery will be brought cheaper and this is the pulling factor.

Of course,the reason to chose Singapore as a hub for countless HQ's derived from theirs 1st class infrastructure and low corporate tax coupled with conducive business & living environment.

So can we see now,government fail to provide all any viable solution , but chose to simply pass their responsibility on ordinary citizen shoulder.They just using easy route by bringing up goods price to increase investors profit just to force their stay.Ultimately,inflation will benefit manufacturers and investors since the burden or inflation solely passed straight to citizen and at the same show government inability to manage their economy.So,please don't blame oil alone when inflation going up OK..

Sadly,when other countries maneuvering more viable option to pull investors ,our beloved government using citizen to help them..In total,this what happen when we allow weak economist to run government.

Another project by kerajaan barisan nasional.Malaysia bolehke???

Vicky