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Sunday, October 9, 2011

Budget 2012- hardly transformative.


Here is the reason why PM Najib isn’t heeding the unsolicited talking-tos and advice of Dr Mahathir. He has that one tool which he thinks can earn the loyalty and allegiance of people who will ensure BN stays in power. The BUDGET.  

It’s themed as a transformative budget. The only transformative feature in a budget described to induce that effect, is converting a cashless person to a person with some cash through a sudden but temporary windfall. The jaga who is a former home-guard will get a RM 3000 windfall after which he remains a jaga to sustain a living.

The language used is the language of a gambler. Hence, his minders leaked information that this is a break the bank budget, a language more suited to the roulette table. The house doesn’t have sufficient funds to cover the value of the chips on the table. Yet it lets people win to encourage more to play at the table. Because in most cases the house eventually wins, so the PM’s minders reasoned, that law will also operate on the 2012 budget. So spend.


SATURDAY, 8 OCTOBER 2011  |  read full post 


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