Today’s article (read here) by The Malaysian Insider gives us a grim and terrifying view of the year 2009, especially the second half. It reports Datuk Noraini Ahmad, the deputy human resources minister, telling Parliament that 100,000 will have lost or will be losing their jobs by the end of the year.
However, she was not [...]
Entries from February 2009
February 26, 2009
Growing Unemployment – Scary!
February 18, 2009
Malaysia ranked low and pathetic for Budget openness
Today, Badawi told us Malaysians that he was unhappy that only 70% of the RM7 billion stimulus budget was disbursed (read here). He feels that it is just too slow.
However, what is more interesting is the fact that nobody in the public of Malaysia knows where the RM4.9 billion went. We heard the announcement of [...]
February 17, 2009
Najib’s Admission of Economy Faltering A Turning Point?
Najib today admitted to the fact the Government stand on a 3.5% GDP growth will have to be reviewed reflecting concerns that it can be a negative growth instead (read here).
This is the first time we have actually heard our Government acknowledging the reality that we all have felt and admitted for a long time. [...]
February 15, 2009
More Disposable Income for Malaysians to Stimulate Our Economy – No Income Tax for 1 year
In the national effort to boost domestic demands, consumers must have the ability to spend. The propensity to spend is derived from the income of individuals. In layman’s terms, we need CASH, MONEY, RINGGIT MALAYSIA, in our own hands to spend.
In June 2008 when the Government raised prices at the pump, it immediately caused a [...]
February 9, 2009
First Perak, Now Kedah? Who is rescuing the economy?
After the despicable and questionable overthrow of the Pakatan Rakyat government in Perak and even before the issues are resolved there, we now read of V. Arumugam of PKR (Kedah) being harassed, threatened and blackmailed to leave the PKR. He had earlier complained about threats to his life, his family and aides including an attempted [...]
February 7, 2009
Wake Up, Malaysia!
If the BN Government can act in the same haste and fervor in the Perak “takeover” for the much needed action and support for the Malaysia economy, we the people of Malaysia will be much impressed.
For now, we are totally abhorred about the Perak situation and the total inaction of fixing our economy. We have [...]
February 7, 2009
Perak Unchartered Waters
Everybody in Malaysia is talking about the Perak situation. It has become the melting pot of discussion, rumors and commentaries for all Malaysians. After 51 years of independence and the results of last March General Election results, you can be sure that Malaysians are more mature and attentive to politics and how it affects us [...]
February 5, 2009
Perak in Crisis or is it really?
Today, Najib brought his 27 Umno, 1 MCA and 3 Independent (2 ex-PKR, 1 ex-DAP) assemblymen to show to the Sultan of Perak that BN has the majority support of the State Parliament. Thereafter, the Ruler gave his consent to the BN to form the new State Government and instructed Nizar to resign as the [...]
February 4, 2009
The Beginning of an End?
The inevitable has happened. Najib made a press conference with the presence of Nasarudin Hashim, Jamaluddin Mat Radzi, Mohd Osman Jailu and Hee Yit Foong proudly declaring that BN is ready to form the next government in Perak.
(These four assembly men and woman will go down into history and be remembered as the cause of [...]
February 3, 2009
Pakatan in turmoil?
After a brief celebration of the defection of Bota Assemblyman from Umno, Nasarudin Hashim, to PKR last month, we now have 2 PKR Assemblymen from Behrang and Changkat Jering (Jamaluddin Mat Radzi and Mohd Osman Jailu) go “missing in action” and supposedly “bought” over by Umno, according to the rife rumors circulating.
In a pre-emptive strike, [...]
