Wednesday, January 12, 2011

B.N will Turn Malaysia into another Greece.

It is ironic that Najib should accused Pakatan of turning Malaysia into another Greece should they implement the 100 day reform plan.It is common knowledge that B.N's current management of the country's fiscal and monetary policies will only expedite it to be another Greece.

Billions were spent on wasteful acquisiton of defence equipment which were not compatible with our needs.Najib as Defence Minister acquired two submarines costing a few billion and another $500 million to his friend Razak Baginda for providing what was termed as coordinating services.It would be more accurate to call those payments as corrupt commission paid without rendering any service at all.

Then what about the countless negotiated tenders for toll concessinaires and the countless infrastructure projects whose price were deliberately inflated to give the UMNO cronies a guranteed profit. In each and every of those projects layers and layers of extra profits were added to ensure that every one connected to the minister had a profitable cut on the project. With such prevalent practice endemic in every govt department and ministries, it would only be a matter of time that the nation's financial structure would collapse.

Najib is wrong. B.N would bankrupt our nation if they are allowed to continue for another term. Pakatan on the other hand has provided proof through the Penang Govt that with good governance devoid of corruption and with full transparency in its tender of projects, alot of wastage and corruption can be eliminated . This would result in savings for the govt and in turn would increase the nation's coffers. Malaysians must excercise great caution in electing our next govt. The future of our children in the next generation will depend on the wise choice we make and failure is no longer an option because it could invite dire consequences for our nation.

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