My Anthem

Friday, September 05, 2008

Our PM Maketh a Damned GOoD Poker Player...

IF ONLY HE DOES US A NATIONAL SERVICE RESIGNING HIS JOB AS PM.
And take along his Finance Minister2 2 -- that loser of RM20billion trading Forex at BNM, initially blufing us it was only less than RM10billion. Or have you short-memoried Malaysians forgotten, o'lady?!

From The Star Online, here's yet another PREMIER MYTH being repeated, but the PM knows there's a sucker born every minute in Malaysia, hence the Nigerian scammers love NegaraKu. Black (Au) money anywan?

Friday September 5, 2008
Pray that oil prices stay low, says PM




PUTRAJAYA: Petrol pump prices will be reviewed again on Oct 1 and if the present trend of crude oil prices continues consumers can expect some good news.


“So, please pray that the fuel prices won’t climb again or better yet, for it to drop further,” said Prime Minister Datuk Seri Abdullah Ahmad Badawi.

Abdullah said that if world market prices for fuel remained stable at US$109 for the rest of the year, Malaysians might even enjoy another 15 sen drop below the current rate of RM2.55.

“We will have to wait until the pump prices are revised come Oct 1 or by the middle of that month under our calculation formula.

“If world prices remain at US$109 per barrel until the end of the year, we can reduce prices by another 15 sen,” he said here yesterday.

However, he warned that prices could also go up if the crude oil prices increase.

On the ringgit weakening against the US dollar, Abdullah said the Government would not intervene.

“The value has dropped but not to a level that is too drastic or worrying."

********************* REPRISE or Reprisal? ***************

At a recent post by mGf Prez of AllBlogs rockybru, I disguised my comment as I trained as a Poker trainee, hence going under cover:(

Anonymous
said...
Hi All:

I am going to be the CONTRARIAN here. In the first place, as a net producer of oil and net exporter too, and our export being of higher grades than the imported oils, the Government should NOT have raised rices the last time it did from RM1.92 per litre. It is reported that for every USD1 rise in world oilprices, NegaraKu gets USD200million more, so logically when world prices move North,our pump prices shouldmove South. It was the government who had 'siphoned" off the Petronas dollars elsewhere despite rising record net profits the past THREE financial years I had tracked the Petronas financials that resulted in theGovernment "pulling wool over the Rakayt's eyes" in justifying the last raise in pump prices citing "rising subsidies" when actually the Government via Petronas had been gaining MORE than the socalled subsidy rise!

Because of the MYTH the BN government had itself created, with the world oil prices falling by some USD20 or more per barrel, we now would receive LESS for our oil exports, and good economics is that pump prices should have to be raised this time around.

CAUGHT BY ITS OWN ILLOGIC, the BN government is now perpetuation a double "MYTH" that it's now being generous in lowering the pump prices (from Sept 1, 2008) because the world oil prices have declined.

Well, the country is suckered and PM has been caught "napping" and the myth continues -- now I wonder when the people will wsie up to the fact that IT IS TO THE COUNTRY's NETT LOSS WHEN WORLD OIL PRICES GO DOWN. That's WHY DSAI at the last debate with the Info Minister said BEFORE THE MSARCH 8, 2008 GE, PKR COULD HAVE LOWERED THE PUMPPRICES (meaning to below RM1.92 per litre)...Well, Mr Nice Guy took everybody for a ride, and now the world oil market is giving him a trashing. Wonder if his RM20Billion BNM forex finance minister II will continue to mislead him by the nose. Both losers, and nowonder Malaysians have no more tears to weep for NegaaKu!

God save us from such MORONS -- I think Dr M had his successor in mind too when he levelled that endearment at G. Soros?
I:
S:
A:
men
~~ YL, Desi

PS: See the advice "pray" in the second para of the Star report?

1:20 AM

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