What could be more disheartening than a country's leader who places the welfare of their people on the backburner?
In an unfortunate twist of fate, over RM100 million of hard-earned taxpayers' money is set to vanish in the blink of an eye. This disheartening revelation unfolds amidst a backdrop of overwhelming foreign debt, a seemingly ill-timed reduction in post-pandemic subsidies, a dwindling budget for crucial components of healthcare, including hospitals, doctors, medications, and overall public health.
Just last week, we witnessed over RM1 million slipping away from the coffers of Selangor, and the alarming truth is that more may follow. It's a stark reminder that donations should unequivocally originate from the pockets of individual politicians themselves. Public funds, a precious resource, should be handled with the utmost care and directed prudently to serve the best interests of the citizens who entrust their well-being to their leaders.
If the lenders are charging 2% the cost of the borrowing is RM54 Million a day.
A normal housing can be repaid within 20 or 30 years when taken by a family. But these national debts of exceeding RM1 trillion, as claimed by certain quarters, you will not be surprised if the debts can not be repaid in 100 years from today.
How not the national coffer will be emptied soon? The interest charges alone already so much a day. Plenty of Ringgits will be sacrificed to pay up these loans/debts in days/years to come. Likely, the Ringgit will suffer further although may be slowly.
While rakyat has to pa y more taxes, the ppl got free trip to tour all the middle countries. Unbelievable in these zoom app era, ppl have to spend so much for their gomen trip to get voice heard afar.
25th Oct 2023: Tak cukup korum, sidang Dewan Rakyat terhenti 5 minit Semasa sesi perbahasan Onn Abu Bakar (PH-Batu Pahat), Ahli Parlimen yang berada dalam Dewan hanya 18 orang termasuk tujuh wakil blok kerajaan.
As these ppl keep ponteng those boring parliament sessions, KLSe has been trending the same direction for decades- as bearish as ringgit vs SGD. And parlieament is too busy to discuss dand debate ways to reverse the trend
EngineeringProfit
15,626 posts
Posted by EngineeringProfit > 1 minute ago | Report Abuse
Desperate postpandemic time demands for desperate measure. Unless the ppl want ringgit to go down like rupiah or yen in WW2. With this kind of kampung leadership, kangkung cabinet, and gomen..........................................................
EngineeringProfit
15,626 posts
Posted by EngineeringProfit > 55 seconds ago | Report Abuse
Perhaps the only solution is to subcon the gomen to singapore cabinet
He - and whoever wants to score more brownie political and religious points for supporting Hamas should go and join them using their own saving, not public fund or taxp ayers' money.
NB: Of course, school children must be spared. STOP extorting money from them- and give to hamas
Now the time has come when an All Malaysian Organization of taxpayers should be formed, which will be the biggest organization in the world.
Now a Tax Payers Union should be formed in the country.
No matter which Government is ruling, without the approval of this Union, no free electricity, free water, free distribution, or loan waivers can be announced by anyone, nor can any government implement anything like this.
Money comes from our tax payments, so we should have the right to oversee its use.
Political parties will keep luring the public by distributing freebies for votes, since it benefits them. Whatever schemes are announced, the government should first give their blueprints and take consent from the Union.
This should be applicable even to the salaries of MPs & DUNs and the other indiscriminate benefits they get.
Is democracy limited to just voting? What rights do we tax payers have after that?
Tax payers should also have the right to hold MPs , DUNs accountable and initiate disciplinary action against them for disrupting working of parliament.
They are after all "servants", paid by taxpayers.
Right to recall any such "Freebies" should also be implemented soon.
When PAC reports to the Taxpayers Union, it empowers citizens with information about how their tax dollars are being utilized. This knowledge allows taxpayers to make informed decisions and exert pressure on policymakers to prioritize prudent spending and ethical financial practices. By reporting to the Taxpayers Union, the PAC reinforces the system of checks and balances. It ensures that the government's fiscal decisions are subject to critical examination and that any potential abuses of power are brought to light. When PAC findings are shared with the Taxpayers Union, it promotes collective action. Taxpayers can organize and voice their concerns, advocate for policy changes, and push for greater accountability in government spending. A PAC-Taxpayers Union connection creates an environment in which elected officials are more likely to be responsive to the needs and concerns of the public. The government becomes more inclined to address the issues highlighted in PAC reports to maintain public trust and support. The reporting of the Public Accounts Committee to the Taxpayers Union is a powerful mechanism for ensuring that government finances are managed ethically and efficiently. It strengthens democracy, empowers taxpayers, and serves as a vital tool for holding government officials accountable for their financial decisions. This connection fosters a culture of transparency and responsible governance, ultimately benefiting the entire society.
War is not a boxing match where spectators encourage their favourite boxer to whack the other.
i3lurker
13,021 posts
Posted by i3lurker > 1 hour ago | Report Abuse
My main concern now is whether go MacDee or Kepci for breakfast.
EngineeringProfit
15,851 posts
Posted by EngineeringProfit > 2 minutes ago | Report Abuse
Just remember to boykott coca-cola ya
EngineeringProfit
15,851 posts
Posted by EngineeringProfit > 48 seconds ago | Report Abuse
Quote: "War is not a boxing match where spectators encourage their favourite boxer to whack the other."
It is. Otherwise why some small insignificant busybody country with bad debt pushes so hard to deploy their troop with borrowed money. Why why tell me why
What could be more disheartening than a country's leader who places the welfare of their people on the backburner? In an unfortunate twist of fate, over RM100 million of hard-earned taxpayers' money is set to vanish in the blink of an eye. This disheartening revelation unfolds amidst a backdrop of overwhelming foreign debt, a seemingly ill-timed reduction in post-pandemic subsidies, a dwindling budget for crucial components of healthcare, including hospitals, doctors, medications, and overall public health. Just last week, we witnessed over RM1 million slipping away from the coffers of Selangor, and the alarming truth is that more may follow. It's a stark reminder that donations should unequivocally originate from the pockets of individual politicians themselves. Public funds, a precious resource, should be handled with the utmost care and directed prudently to serve the best interests of the citizens who entrust their well-being to their leaders.
Great distraction! When the school children are busy to focus on foreign conflicts afar, they couldn't protest against inflation, depreciation of ringgit and misappropriation of public fund
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by EngineeringProfit > 2023-10-23 14:49 | Report Abuse
What could be more disheartening than a country's leader who places the welfare of their people on the backburner? In an unfortunate twist of fate, over RM100 million of hard-earned taxpayers' money is set to vanish in the blink of an eye. This disheartening revelation unfolds amidst a backdrop of overwhelming foreign debt, a seemingly ill-timed reduction in post-pandemic subsidies, a dwindling budget for crucial components of healthcare, including hospitals, doctors, medications, and overall public health. Just last week, we witnessed over RM1 million slipping away from the coffers of Selangor, and the alarming truth is that more may follow. It's a stark reminder that donations should unequivocally originate from the pockets of individual politicians themselves. Public funds, a precious resource, should be handled with the utmost care and directed prudently to serve the best interests of the citizens who entrust their well-being to their leaders.