How should we judge a government?

In Malaysia, if you don't watch television or read newspapers, you are uninformed; but if you do, you are misinformed!

"If you're not careful, the newspapers will have you hating the people who are being oppressed, and loving the people who are doing the oppressing." - Malcolm X

Never argue with stupid people, they will drag you down to their level and then beat you with experience - Mark Twain

Never argue with an idiot, otherwise people won't know which one of you is the idiot.
Since light travels faster than sound, some people appears bright - until you hear them speak.

Why we should be against censorship in a court of law: Publicity is the very soul of justice … it keeps the judge himself, while trying, under trial. - Jeremy Bentham

"Our government is like a baby's alimentary canal, with a happy appetite at one end and no
responsibility at the other. " - Ronald Reagan

Government fed by the people

Government fed by the people

Career options

Career options
I suggest government... because nobody has ever been caught.

Corruption so prevalent it affects English language?

Corruption so prevalent it affects English language?

When there's too much dirt...

When there's too much dirt...
We need better tools... to cover up mega corruptions.

Prevent bullying now!

Prevent bullying now!
If you're not going to speak up, how is the world supposed to know you exist? “Orang boleh pandai setinggi langit, tapi selama ia tidak menulis, ia akan hilang di dalam masyarakat dan dari sejarah.” - Ananta Prameodya Toer (Your intellect may soar to the sky but if you do not write, you will be lost from society and to history.)

Monday, February 25, 2013

If only this graph represents our national reserves rather than debts

The graph below shows the statistics for the government's combined domestic and foreign debts from 1991 till the present. Forecasts are provided up to the year 2017.



Courtesy of CPI

Pak Sako examines the trend in our government debts...

Excerpt:


"There has been no sign of the debt accumulation reducing or levelling out since the East Asian economic crisis of 1997.

Large government deficits were first incurred in the aftermath of this crisis. Then prime minister Mahathir Mohamad justified this as part of government spending in commercial enterprises to stimulate the economy.

In reality, the loan proceeds were allegedly used for questionable purposes, such as to fund large-scale projects awarded to crony capitalists and to bail out their failing companies.

The federal government's borrowing shifted into higher gear from 2008, the year the Barisan National coalition lost its two-thirds parliamentary majority.

The deficit expenditures have been justified as a short-term tool. But they have continued for almost a decade and a half; they have become a permanent feature of the government’s financial policy.

The government's financial imprudence is therefore a primary cause of the country's indebtedness."


"When we are compelled to push our land and labour resources to new limits to produce economic growth in the attempt to surmount large debts, there will be damaging social and environmental consequences. We will have to rapidly liquidate our oil and other resources at the expense of the wellbeing of future generations.

The average citizen could be taxed more.

To free up cash to service debt, there could be cost-cutting in the provision of public services, such as healthcare... Workers might also face longer working hours for the same or lower income.

A more devious method ... is when the borrowing government increases money supply by printing money to devalue the debt. The lending citizens lose out. Inflation speeds up and the currency will weaken..."

More:
http://english.cpiasia.net/index.php?option=com_content&view=article&id=2484:malaysian-governments-debt-to-approach-rm1-trillion-by-2020&catid=219:contributors&Itemid=189

Link

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