Wednesday, July 16, 2008

Threesomes

"We are owned by the government and our financial result has been EXCEPTIONALLY good this year and we DON'T need THAT much to reinvest for the future. So, we are able to increase our dividend for the government." [emphasis my own]

-Tan Sri Mohd Hassan Marican , Petronas President and CEO

Okay, backtrack.

A month (or two) ago, was this not the same man who was whining about rising costs of sourcing for fuel? And that the Government was right in doing what they did?

And didn't the government say they cannot AFFORD to subsidise petrol because its eating into its funds? And that if they continue with the subsidy eventually it will go bankrupt? Or whatever bullshit crap they fed us?

So, what is with this RM62 billion given to the government's coffer?

WTF??

There we were being told it was necessary, that it was inevitable, rising prices of crude oil, it is natural for prices to soar, its a must, DEAL WITH IT.

Then they tell us actually well, Petronas is doing pretty f**king-fantastic? And can afford to give so much because they don't need so much to invest in the future? I may not be the sharpest tool in the shade, but even I can see that something is rotten here.

So the question now is, what is the Government going to spend the RM62 billion on? Obviously is not to upgrade the current public transport system because it is still in the "planning" stage. You know the compulsory three stages of all these so called grand plans.

First: Lay out grand plans in all major newspaper with graphics and illustrations so everyone goes "OOOHHH AHHHHHH" and include big ass launch of grand plan to introduce it to the people.

Second: Delay. Delay. Delay. Delay. Give lack of resources as reason for delay. Delay some more. Pray hard everyone forgets about Grand Plan.

Third: Scrap plan because there is not enough money to execute grand plan. Money found to have been used to pay consultant to set out the illustration and to draw graphics and another consultant to plan the big ass launch in First Stage.

Then it goes back to the starting point where its "the rakyat must understand why we cannot afford to subsidize these things. We do not have enough money which is urgently needed for more important national interests things!"

Repeat stage 1 to 3 again.

So at the end of it all, we have all been taken for a ride.

After all, there are three types of lies, just like the three stages of grand plans.

Lies;
Lies; and
DAMNED LIES.

1 comment:

Poh2 said...

there's a bastard on a rampage here, check this out, if u havent already
http://www.malaysia-today.net/content/view/10086/84/