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Economy 101

Anything to do with economy, budget, taxpayers money and trade

Vision 2020: Within our Sight & Destiny?

2020

(Are we on path to achieve Vision 2020? The Old Man’s war path with the current Prime Minister, Najib may wins the support from a good number of Malaysians who simply tired with the “wayang kulit” in the issue of 1MDB but then again, didn’t the Old Man had his hands in allowing the seeds of mismanagement, wastage and misdirection of priorities to take hold when he was the PM for 22 years? Food for thought. Image source: Jebat Must Die)

I have mentioned this in several of my blog posts that it is going impossible for us to achieve the developed nation status by year 2020 but when it comes from the horse’s mouth, it does sound pretty serious, doesn’t it?

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General 101: Yup, It’s Getting Weirder & Dumb

weird

(Some things are not weird like the way people like to park their cars, it is just a result of people not taking the time and care to do the right things)

It is getting weird, it must be the insane weather, I am very sure – it has been raining cats & dogs for past weeks and yet it feels like one is sitting in a sauna at night. My daughter fared worse, despite having 2 fans and occasionally the air-conditioner switched on, she was sweating like she had just done a 10 km marathon.

Or perhaps it is something we have been drinking (or sniffing), I don’t know. Perhaps it was due to our overzealous with being the righteous one that some of us can see the end is near. Whatever the reason maybe, things are just getting weirder in this country.

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Crime 101: Sarawak Report Expose on 1MDB

1mdb

(1MDB: A 42 billion time bomb that had already exploded on everyone’s face but a lot of people in this country are not aware of the blast – no thanks to a sneaky fat guy and a clueless PM. Until today, I am lost why they put billions of taxpayers money in Cayman Island unless it is meant for some shady deal. Infographic source: http://poskod.my/cheat-sheets/10-things-know-1mdb/)

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MAS: Does Recovery Plans Defying Economics?

MAS

(Will it work or it is going to be RM6 billion down the drain again? This is going to be the last chance for MAS and the people who are managing it. We do not want to see another bailout in 2018! Image source: TheStar)

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Malaysian Economy 101: Kangkung Factor

kangkung

kangkung

(Among the many funny things posted on Najib’s statement that the price of kangkung had gone down, this stands in my mind as the funniest bit. I just love Ronald’s face on the second photo – it looks like he had answered too many phone calls asking for McKangkung. Images source: Facebook)

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Taxpayer’s Money: More Outraged "Goodies" in 2014

Taxpayer's Money

(To be fair, one’s voting rights cannot be questioned by anyone but there must be a break point somewhere on how much of the abuse and wastage of taxpayer’s money that a Government that has been in power for so long can be allowed to continue. And seeing on how all that sweet talk and endless promises of cost reduction during the election campaign simply disappeared within months from the election, hopefully people had wise up and will take things with a pinch of salt in the next election?… [Click to read the rest] “Taxpayer’s Money: More Outraged "Goodies" in 2014”

Cost of Living 101: Ice Ice Baby, Dummy!

cost of living

Another good news for the die-hard BN supporters to rejoice for the coming new year – RM0.50 increase per bag and RM2.50 per block cost by the edible ice suppliers and you can bet your bottom ringgit that the restaurant and food stalls will put in their own increase on top of increase for sugar price for your iced drink.

Reason for the increase?

The notice mentions increase in other costs like electricity tariff, increase of diesel price, implementation of the “minimum wage ruling”, increase of salary, increase of raw materials and interestingly, improvement of food safety – now that is very scary!

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Cost of Living 101: Another Petrol Price Hike…

Petrol

(What we see whenever the Government increase the price of essentials like petrol and ask the taxpayers to change their lifestyle – a burden that we are  willing to share provided the Government does the same. Image source: http://patriotpost.us)

I have been quite busy with work this week and the recent news from tanahair did not sound that good too. From the massive water disruption in the Klang Valley on Merdeka Day to the petrol hike from the BN Government and to my son have a bad cough for the last few days.

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Governance 101: Wasteful & Short-Sighted Again

Governance

(In the Global Competitiveness Report 2010–2011, Malaysia ranks 25 out of 139 countries where public spending & governance is somewhat better managed than the rest but then again, if one reads deeper into the report, Malaysia’s ranking is only 4.2 out of the full 7 on the mark. We are no where close to our neighbour down south who ranks at the top at 6.1 despite their limited natural resources, human resource and living space)

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Out of Modern Times: Dr M and Race Based Politics

(Countdown – 326 days to “doomsday”)

Read These First

race

(Race based policies are as just as bad and cruel as open segregation of society and citizens based on the colour of their skin seen here in an early 1930s photo. Image source: http://www.old-picture.com)

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Budget 101: No Worries, The Friendly Ah Long Is Here

budget ah long friendly

(How many of us keep a budget and then spend more than we earn and ended up borrowing from Ah Long aka loan sharks? It is not too late to learn the fine art of financial planning – keeping budget, ensuring that our income is enough to cover the expenses, keeping up saving for rainy days and when hard days are in, to learn to cut down on unnecessary expenses and tighten our belts)

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Economy 101: Kiasu Noises from Singaporeans On Fuel Price

Noise RON95 RON97 Petrol Station Shell Fuel Singaporean

(It is a mystery when Singaporeans make noise on the price of RON95 fuel when it is still cheaper for them to buy the more expensive RON97 fuel. Image source: SVmongk, CC BY-SA 3.0, via Wikimedia Commons)

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