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REZQEEN HILL

REZQEEN HILL

Najibnomics, #BR1M And Mahathir's Trickle Down Economics

Posted: 02 Jan 2017 04:00 AM PST


"In the 80s and 90s, we were so busy building skyscrapers and mega projects we forgot to develop our social security system adequately. Although the poverty rate then was as high as thirty percent, only a handful of people received direct income supports from the government and none received income support when they were involuntarily out of work or faced with personal financial crisis."

"No wonder during the 1997-1999 economic crisis, when unemployment rate suddenly sprung up, hundreds of thousands of people went to the streets to protest led by the then sacked Finance Minister Datuk Seri Anwar Ibrahim. The hundreds of thousands of people marched on the streets perhaps not because of Anwar, but because they had just lost their jobs and they were angry. And there was no social security net to help them. Anwar took the opportunity to gain mass support, and he rode the wave of mass dissent that was already there. Crime rate and incidence of violence shot up tremendously."


"Some experts have posited that though in 1999 many people applauded the then Prime Minister for steering the nation out of the worst economic crisis the country has ever seen, he and the sacked Finance Minister Anwar Ibrahim were actually responsible for causing the crisis in the first place. Also responsible, George Soros just took the opportunity on the weaknesses and cracks in the management of the Malaysian economy that had already been building up for months prior to the crisis."

"In the 80s and 90s there was also this belief that if you develop several big businesses, the benefits would trickle down to the people on the ground too. The thinking that if you help the few people at the top it would in turn translate into them helping the many poor at the bottom. During this era, the administration used this notion as a policy to justify channeling huge government resources to several selected businessmen to become big business tycoons. Many people at the top became richer, but unfortunately not much trickled down."

"Between 1989 and 1997, the share of total national income for the bottom forty- percent group dropped from 15 percent to 13 percent compared to an increase from 50 percent to 52 percent for the top twenty-percent group. As cliché as it may sound, the saying "the rich becomes richer and the poor poorer" had actually become true in that period."

"The current increase in cost of living is much affected by the policy of yesteryears in the 90s that becomes a legacy problem now. During the 90s much of infrastructure development such as highways and power plants were built through privatization policy and financed by committing the people to pay the private concessionaire companies for the use of the infrastructure decades into the future. In the early 90s, the economy was booming. Overestimates of income growth by the administration then had in turn committed the public to pay high payments to
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highway toll concessions and the independent power producers (IPPs)."

"At the end of the day, as a society we will be judged not by how we treat the richest and most fortunate among us, but by how we treat the poorest and least fortunate among us. And the exemplary manifestation of this belief is going to be the most important legacy of Prime Minister Najib Razak."

Read more : NST

Kerajaan Selangor Nak Bunuh Rakyat Ketika Ambang Tahun Baru Ker?

Posted: 01 Jan 2017 06:09 PM PST


Ini kes bunga api meletop dan mencederakan orang ramai ketika sambutan ambang tahun baru Fiesta Gegar Klang 2016 di Pandamaran, Klang.

Sehingga kini, tiada pihak yang bertanggungjawab kerana pihak Polis DiRaja Malaysia (PDRM) memberitahu bahawa Majlis Perbandaran Klang (MPK) tak memohon kelulusan untuk pertunjukan bunga api.

Tapi MPK pula cakap yang pihak PDRM sepatutnya dah tahu akan aturcara pertunjukan bunga api memandangkan pihak berkuasa tersebut telah turut serta sebagai jawatankuasa penganjuran Fiesta Gegar Klang.

Lepas tu PDRM pula kata, sepatutnya MPK kena mohon permit untuk pertunjukan bunga api.

MPK pula bagi kenyataan, PDRM mele­takkan anggota untuk berkawal. Sepatutnya anggota boleh melarang pihak penganjur meneruskan acara tersebut jika tidak ada permit.


PENDAPAT 50 SEN AKU

MPK seharusnya membuat permohonan permit untuk acara pertunjukan bunga api. Dengan melibatkan pegawai Polis sebagai jawatankuasa penganjuran, tidak bermakna penganjur sudah boleh melakukan sesuka hati ketika sambutan tersebut diadakan.

Kemungkinan pegawai Polis yang diletakkan dalam jawatankuasa terlepas pandang atau telah menasihatkan untuk penganjur memohon permit tapi perkara tersebut tidak berlaku.

Anggota Polis yang bertugas berkawal ketika acara diadakan tidak mengetahui segala perancangan teknikal yang telah dilakukan oleh jawatankuasa terlibat. Kemungkinan juga mereka hanya dimaklumkan mengenai skop tugas masing² dari sekian-sekian tempat dan waktu sehingga waktu tertentu.

Kesimpulannya, penganjur kena bertanggungjawab kerana gagal memastikan program berjalan dalam keadaan baik. Tambahan pula seperti kelihatan dalam video, tempat pelancaran bunga api tersebut di rasakan terlalu dekat dengan pengunjung dan sepatutnya ianya diletakkan di kawasan terhindar daripada orang ramai.


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