Singa Beng

Just ramblings.

Monday, November 24, 2008

11/11, Najib the Economist??? WTF

An economic slow down is inevitable. People are talking more and more about economics, this includes people who know nothing about economics..... but given the portfolio of a Finance Minister. For one, the Fiscal Budget of 7 billion, was never detailed to our liking. The delivery system, the monitoring and general execution. Prof. Mahani, Miss Gan & Master G's student were seen on tv discussing the issue, moderated by the short legged and short sighted Syed, the kid from Bota.

It seems Mahani is still under political control, and so is Gan. They were tooooo nice, sort of a play by the book type of question and answer. Mahani did mention a good point, this Fiscal Budget, was claimed to benefit only contractors... on the dot!!! Of course it benefits contractors, this group of people contribute the most to political coffers, and most of them are UMNO purebloods (theres actually a new blood type... UMNO+). Save your own kind, let others rot!!!

What does piss me off is how anak Akop, anak Badawi and anak Razak claims how the method of cushioning the impact of a global slow down was uniquely Malaysian. Increase expedinture to generate the economy, build infra to attract investors... etc. I wonder how that makes it a Malaysian solution. Read international business journals and you can see tons of material voicing out similar ideas, ages ago. The only true thing Malaysian about this fiscal thing is how it benefits the few.

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