Comments on: Subsidy? What subsidy? Aiyah, I don’t understand-lah… http://anilnetto.com/governance/accountability/subsidy-what-subsidy-ai-yah-i-dont-understand-lah/ Let justice flow like a mighty river Sun, 12 Feb 2012 15:45:54 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: absent2 http://anilnetto.com/governance/accountability/subsidy-what-subsidy-ai-yah-i-dont-understand-lah/comment-page-1/#comment-13404 absent2 Wed, 19 Nov 2008 22:00:05 +0000 http://anilnetto.com/?p=291#comment-13404 Subsidy? simple-lah! It is just plain UMNO-lingo. Whatever necessary things we purchased in our own country, it is being heavily subsidised by the BN Government. There is no good things that is not being subsidised by our so competent Government! Have you all noticed that only UMNO/BN people used the word to their advantage and benefits? We only questioned the meaning of the quirky work, but never seems to get a favorable answer. One can go round-and-round, but will never get the answer. Forget it! But never mind, this word will be still around as long as UMNO/BN is still around, therefore, we the Rakyat will make an attempt to erase this word out from the vocabulary of the current government when PR takes over, in the forthcoming General Erection. That is one good reason why UMNO/BN is such a sore-loser when the cannot score a 2/3 majority in the just ended GE 2008, yes, no more 'subsidies' for them to collect. One country's wealth not being share among the citizens of that country will bring that country to total bankruptcy in no time at all, and that time is real, (very real). Remember, it takes 50+ years for us Rakyat to realise this, so why not put a full-stop to this 'subsidised' thing away forever?? and let the rakyat enjoy what is actually belonged to the people. This natural resource belongs to the people of this country, and it must be returned to us, yes, but without 'subsidies'! Subsidy? simple-lah! It is just plain UMNO-lingo. Whatever necessary things we purchased in our own country, it is being heavily subsidised by the BN Government. There is no good things that is not being subsidised by our so competent Government!

Have you all noticed that only UMNO/BN people used the word to their advantage and benefits? We only questioned the meaning of the quirky work, but never seems to get a favorable answer. One can go round-and-round, but will never get the answer. Forget it!

But never mind, this word will be still around as long as UMNO/BN is still around, therefore, we the Rakyat will make an attempt to erase this word out from the vocabulary of the current government when PR takes over, in the forthcoming General Erection.

That is one good reason why UMNO/BN is such a sore-loser when the cannot score a 2/3 majority in the just ended GE 2008, yes, no more ‘subsidies’ for them to collect. One country’s wealth not being share among the citizens of that country will bring that country to total bankruptcy in no time at all, and that time is real, (very real). Remember, it takes 50+ years for us Rakyat to realise this, so why not put a full-stop to this ‘subsidised’ thing away forever?? and let the rakyat enjoy what is actually belonged to the people. This natural resource belongs to the people of this country, and it must be returned to us, yes, but without ‘subsidies’!

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]]> By: Subsidy? « Oil Monitor Malaysia http://anilnetto.com/governance/accountability/subsidy-what-subsidy-ai-yah-i-dont-understand-lah/comment-page-1/#comment-3170 Subsidy? « Oil Monitor Malaysia Mon, 30 Jun 2008 04:14:11 +0000 http://anilnetto.com/?p=291#comment-3170 [...] Posted on June 30, 2008 by oilmonitormalaysia Subsidy? What subsidy? Aiyah, I don’t understand-lah… by Anil [...] [...] Posted on June 30, 2008 by oilmonitormalaysia Subsidy? What subsidy? Aiyah, I don’t understand-lah… by Anil [...]

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]]> By: What is a subsidy? « BJ Thoughts… http://anilnetto.com/governance/accountability/subsidy-what-subsidy-ai-yah-i-dont-understand-lah/comment-page-1/#comment-2755 What is a subsidy? « BJ Thoughts… Wed, 18 Jun 2008 00:25:09 +0000 http://anilnetto.com/?p=291#comment-2755 [...] Subsidy? What subsidy? Ai yah I don’t understand lah [...] [...] Subsidy? What subsidy? Ai yah I don’t understand lah [...]

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]]> By: Valerie http://anilnetto.com/governance/accountability/subsidy-what-subsidy-ai-yah-i-dont-understand-lah/comment-page-1/#comment-2554 Valerie Mon, 09 Jun 2008 10:48:49 +0000 http://anilnetto.com/?p=291#comment-2554 For every action the govt has institutued, it always seems that they did not calculate or see the ramifications that would follow How come ah? Why now, after all the confusion,uncertainties,impending worry and sight of doom then the govt makes some feeble attempt to 'see what they can do' to help alleviate the hardship. Best joke - a committee is being set up to study this!!!!Scream Scream. Ijuts! There's a damn 'committee' for every damn thing. For every action the govt has institutued, it always seems that they did not calculate or see the ramifications that would follow How come ah? Why now, after all the confusion,uncertainties,impending worry and sight of doom then the govt makes some feeble attempt to ‘see what they can do’ to help alleviate the hardship. Best joke – a committee is being set up to study this!!!!Scream Scream. Ijuts! There’s a damn ‘committee’ for every damn thing.

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]]> By: Navi http://anilnetto.com/governance/accountability/subsidy-what-subsidy-ai-yah-i-dont-understand-lah/comment-page-1/#comment-2543 Navi Mon, 09 Jun 2008 03:04:18 +0000 http://anilnetto.com/?p=291#comment-2543 I agree with Valerie. All oil producing countries sell their oil to their rakyat at a very low price. To the world it is sold at the market rate. In Malaysia, if it is petrol than we compare ourselves with Singapore. When we talk of other aspects we compare ourselves with Burma. This is the mentality of our ruling elites. At RM5.00+ (about $2.00) it is still cheap to the Singaporeans based on their earnings. The decision by the government doesn't make sense to me. The last raise was made with a promise that the savings would be used to improve public transport. We are yet to see any improvement. Now more promises are being made without a clue to how these are going to be implementerd. Higher petrol price means a hike in the price of practically everything.Our food bill is bound to go up. So will cost of clothes, entertainment, etc,etc. The cash incentive stated is not going to alleviate the problems. As Anil has been advocating, what we need is a clear policy and plans for an efficient and effective public transport system. I have the last few days tried the bus service from Bukit Subang to PWTC KL. I had to take 3 different buses; over a 2 hour duration. The bus to KL was jam packed, a 68 passenger bus that carried more than a hundred, with no more standing room. The period of waiting for the bus to arrive was 40 mins. (Under such circumstance, I wouldn't dare take my family by bus). On the return, I decided on the Commuter train. The train was packed too. From Subang Jaya I still had to take two different buses to reach home. Raising petrol price by 78sen without provisions for alternative travel, the government is adding to the misery of the poor and already burdened rakyats. I agree with Valerie. All oil producing countries sell their oil to their rakyat at a very low price. To the world it is sold at the market rate. In Malaysia, if it is petrol than we compare ourselves with Singapore. When we talk of other aspects we compare ourselves with Burma. This is the mentality of our ruling elites. At RM5.00+ (about $2.00) it is still cheap to the Singaporeans based on their earnings.
The decision by the government doesn’t make sense to me. The last raise was made with a promise that the savings would be used to improve public transport. We are yet to see any improvement. Now more promises are being made without a clue to how these are going to be implementerd. Higher petrol price means a hike in the price of practically everything.Our food bill is bound to go up. So will cost of clothes, entertainment, etc,etc. The cash incentive stated is not going to alleviate the problems.
As Anil has been advocating, what we need is a clear policy and plans for an efficient and effective public transport system. I have the last few days tried the bus service from Bukit Subang to PWTC KL. I had to take 3 different buses; over a 2 hour duration. The bus to KL was jam packed, a 68 passenger bus that carried more than a hundred, with no more standing room. The period of waiting for the bus to arrive was 40 mins. (Under such circumstance, I wouldn’t dare take my family by bus). On the return, I decided on the Commuter train. The train was packed too. From Subang Jaya I still had to take two different buses to reach home.
Raising petrol price by 78sen without provisions for alternative travel, the government is adding to the misery of the poor and already burdened rakyats.

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]]> By: Pocoyo http://anilnetto.com/governance/accountability/subsidy-what-subsidy-ai-yah-i-dont-understand-lah/comment-page-1/#comment-2541 Pocoyo Mon, 09 Jun 2008 02:49:21 +0000 http://anilnetto.com/?p=291#comment-2541 What's to do with market price? I don't understand. Profit is something about production cost, isn't it. I'm not economist or financial expert. My knowledge about market price is limited to amateur standard. thus, correct me if I'm wrong. Say currently oil market is USD 140/barrel. The oil production cost is about USD 30/barrel (figure is adapted from the former No.1's blog). Then the profit is USD 110/barrel, isn't it? What if Petronas is selling USD 70/barrel only to Malaysia and gain profit of USD 40 instead of USD 110 according to marketing price. Is it possible? and why not? Malaysia is an oil producer and seller, why can't Petronas determines the price for our local market? Petronas can sell USD70 locally and sell USD 140 or ÙSD 150 oversea, feasible? why not? If Petronas is selling at the market price USD140, then it is logic to say that Petronas is selling to the Malaysia people at the market price and Petronas is making handsome profit like those middle east countries, correct? To me, the RAKYAT is not subsidized but subsiding, probably Petronas and those who treat Petronas as their PRIVATE property! What’s to do with market price? I don’t understand. Profit is something about production cost, isn’t it.

I’m not economist or financial expert. My knowledge about market price is limited to amateur standard. thus, correct me if I’m wrong.

Say currently oil market is USD 140/barrel. The oil production cost is about USD 30/barrel (figure is adapted from the former No.1′s blog). Then the profit is USD 110/barrel, isn’t it?
What if Petronas is selling USD 70/barrel only to Malaysia and gain profit of USD 40 instead of USD 110 according to marketing price. Is it possible? and why not?
Malaysia is an oil producer and seller, why can’t Petronas determines the price for our local market? Petronas can sell USD70 locally and sell USD 140 or ÙSD 150 oversea, feasible? why not?

If Petronas is selling at the market price USD140, then it is logic to say that Petronas is selling to the Malaysia people at the market price and Petronas is making handsome profit like those middle east countries, correct?

To me, the RAKYAT is not subsidized but subsiding, probably Petronas and those who treat Petronas as their PRIVATE property!

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]]> By: Valerie http://anilnetto.com/governance/accountability/subsidy-what-subsidy-ai-yah-i-dont-understand-lah/comment-page-1/#comment-2533 Valerie Mon, 09 Jun 2008 01:08:20 +0000 http://anilnetto.com/?p=291#comment-2533 My simple understanding of 'subsidy'is to aleviate a hardhip in the event of a 'shortage'in a country. Look at Brunei - being a producer of oil, the rakyat are the first benefactors and with planned and calculated management, only then is the 'surplus' exported.Why are we burdened with a 40% hike (passed on to us) when oil is exported?sold at USD130? So wh gets to enjoy this "increase" I wonder. My simple understanding of ‘subsidy’is to aleviate a hardhip in the event of a ‘shortage’in a country. Look at Brunei – being a producer of oil, the rakyat are the first benefactors and with planned and calculated management, only then is the ‘surplus’ exported.Why are we burdened with a 40% hike (passed on to us) when oil is exported?sold at USD130? So wh gets to enjoy this “increase” I wonder.

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]]> By: Mirage http://anilnetto.com/governance/accountability/subsidy-what-subsidy-ai-yah-i-dont-understand-lah/comment-page-1/#comment-2468 Mirage Sat, 07 Jun 2008 14:43:12 +0000 http://anilnetto.com/?p=291#comment-2468 Remove this deadly cancer, throw out that rotten tyranny!!! It is the right time that this grossly rotten, corrupt and incompetent flip flop tyranny that remove the fuel subsidies & increase the electricity tariffs should also be removed... & to accomplish this, all & whoever, MPs from both BN or Pakatan Rakyat, it is your call now and as all the people of Malaysia are firmly behind you to remove this rot. Cannot imagine that a nett producer & nett exporter of Crude Oil has to do this, look at Brunei, Saudi Arabia and many other crude oil nett exporters, there are no increases of prices of Petrol & Diesel at their pumps as both & all are nett producers and nett exporters of Crude Oil and they are now enjoying a boost to their state coffers & economies with a whopping windfall in oil prices of the current US$139/- per barrel that earned them huge foreign exchange reserves from their Crude Oil exports. But in Malaysia the reverse is true as there is no boost to the economy, but only sadness prevailed because the foreign exchange reserves from Crude Oil nett exports earned are poorly managed or badly mis-managed and no one knows where all the profits over the years had gone and we are saying a (large chunk of) the 700 or more Billions earned had disappeared and there is no accountability by the tyranny power that be. All Malaysians including those unborn ones have been betrayed by this cancer who has caused all these serious crimes, anarchies, chaos and inflations beyond comprehensions owing to the greed by this cancerous corrupted power hungry Moron who intended to stick to power beyond his welcome!!! Remove this deadly cancer, throw out that rotten tyranny!!!

It is the right time that this grossly rotten, corrupt and incompetent flip flop tyranny that remove the fuel subsidies & increase the electricity tariffs should also be removed… & to accomplish this, all & whoever, MPs from both BN or Pakatan Rakyat, it is your call now and as all the people of Malaysia are firmly behind you to remove this rot. Cannot imagine that a nett producer & nett exporter of Crude Oil has to do this, look at Brunei, Saudi Arabia and many other crude oil nett exporters, there are no increases of prices of Petrol & Diesel at their pumps as both & all are nett producers and nett exporters of Crude Oil and they are now enjoying a boost to their state coffers & economies with a whopping windfall in oil prices of the current US$139/- per barrel that earned them huge foreign exchange reserves from their Crude Oil exports. But in Malaysia the reverse is true as there is no boost to the economy, but only sadness prevailed because the foreign exchange reserves from Crude Oil nett exports earned are poorly managed or badly mis-managed and no one knows where all the profits over the years had gone and we are saying a (large chunk of) the 700 or more Billions earned had disappeared and there is no accountability by the tyranny power that be. All Malaysians including those unborn ones have been betrayed by this cancer who has caused all these serious crimes, anarchies, chaos and inflations beyond comprehensions owing to the greed by this cancerous corrupted power hungry Moron who intended to stick to power beyond his welcome!!!

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]]> By: Mirage http://anilnetto.com/governance/accountability/subsidy-what-subsidy-ai-yah-i-dont-understand-lah/comment-page-1/#comment-2467 Mirage Sat, 07 Jun 2008 14:38:04 +0000 http://anilnetto.com/?p=291#comment-2467 What are the subsidies??? This is a hoax ... to hoodwink the general public on the believe that there are the purported subsidies. There are no subsidies.... Every crude oil producing countries allocate a percentage their production for domestic consumption and the balance for export to earn foreign exchange. What is this nett producer & nett exporter of crude oil talking??? Look at Brunei & Saudi Arabia and the many more crude oil exporting countries do, both and all are nett producers & nett exporters of crude oil, there are no changes in the prices at their pumps for both petrol and diesel despite the whopping Crude Oil prices now reaching US$139/- per barrel, they are all enjoying boom and boost to their State Coffers with the greatest windfall of all times with record foreign reserves' balances and also a boost to their economies, so why are we seeing the reverse in Malaysia??? There is (perhaps) mismanagement of the funds from the power that be. Where are the windfall profits for Petronas gone to from the nett exports after being handed over to the Government??? A royal commission should be formed to investigate where have all the profits/funds earned from the exports had gone to??? What are the subsidies??? This is a hoax … to hoodwink the general public on the believe that there are the purported subsidies. There are no subsidies…. Every crude oil producing countries allocate a percentage their production for domestic consumption and the balance for export to earn foreign exchange. What is this nett producer & nett exporter of crude oil talking??? Look at Brunei & Saudi Arabia and the many more crude oil exporting countries do, both and all are nett producers & nett exporters of crude oil, there are no changes in the prices at their pumps for both petrol and diesel despite the whopping Crude Oil prices now reaching US$139/- per barrel, they are all enjoying boom and boost to their State Coffers with the greatest windfall of all times with record foreign reserves’ balances and also a boost to their economies, so why are we seeing the reverse in Malaysia??? There is (perhaps) mismanagement of the funds from the power that be. Where are the windfall profits for Petronas gone to from the nett exports after being handed over to the Government??? A royal commission should be formed to investigate where have all the profits/funds earned from the exports had gone to???

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]]> By: virtualmystic http://anilnetto.com/governance/accountability/subsidy-what-subsidy-ai-yah-i-dont-understand-lah/comment-page-1/#comment-2459 virtualmystic Sat, 07 Jun 2008 09:03:29 +0000 http://anilnetto.com/?p=291#comment-2459 "Solution : Sell/Export only half of all our yearly oil produce and use the balace for our own local consumption" Dear desmond and others reading this reply, this simplistic solution is not realistic. Yes, you are rigth that Malaysia exports it's oil and buys lower grade crude to supply our domestic fuel needs. But do you knwo how good our oil is? It is the most expensive blend of crude oil there is on this planet! My latest blog entry has a link the price comparison of most crude oil prices in the world. If Malaysia does not seell it's high grade crude on the open market there will be no money for infrastructure. You coul dhave your fantastic high quality petrol at el cheapo prices but no roads to drive it on, nowhere to go. To put it simplistically. “Solution : Sell/Export only half of all our yearly oil produce and use the balace for our own local consumption”

Dear desmond and others reading this reply, this simplistic solution is not realistic. Yes, you are rigth that Malaysia exports it’s oil and buys lower grade crude to supply our domestic fuel needs. But do you knwo how good our oil is? It is the most expensive blend of crude oil there is on this planet! My latest blog entry has a link the price comparison of most crude oil prices in the world.
If Malaysia does not seell it’s high grade crude on the open market there will be no money for infrastructure. You coul dhave your fantastic high quality petrol at el cheapo prices but no roads to drive it on, nowhere to go. To put it simplistically.

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