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With the Budget 2017 around the corner and rumours of the 14th General Election getting louder by the day, we can see that some politicians are beginning to spin stories and shape public perception on the Government negatively.
One clear example is the attacks on Budget allocation to the Prime Minister’s Department. Some politicians like Liew Chin Tong took the path of painting the picture of a bloated Budget that can be used at the whims and fancies of the Prime Minister.
But that’s fine, I shall educate him.
First of all, after being an MP for so long, surely you must know the distinction between the Prime Minister’s Office and the Prime Minister’s Department, as well as their functions.
They are not the same and administratively, they are run separately as well.
The Chief Secretary, with Ministerial status and sits in the Cabinet, runs the Prime Minister’s Department while the Prime Minister and his Chief of Staff manage the Prime Minister’s Office.
Secondly, the Prime Minister doesn’t have the final say or veto power on the Budget and expenditure of the agencies under the Prime Minister’s Department. It is the responsibility of the Chief Secretary as financial controller. Every department and Ministry has one.
Having made these clear, now let’s take a look at Chin Tong’s accusations against the Prime Minister’s Department of having a bloated budget of billions.
No doubt, there are many agencies, units and offices here under the Prime Minister’s Department and my last count shows that there are 72 of them.
Let me list them down for you.
If you look at number 13 in the list above, the Prime Minister’s Office is one of the 72. No, not the other way round, certainly not the Prime Minister’s Office overseeing the Department. Continue reading
Source: LSS Report
Fast 7: To the Malaysians who are now in Australia…
I had noticed that many former or current Malaysians who have now moved to Australia likes to continually attack the Malaysian government over several issues, which is normally propagated by the PakaTun politicians.
Among these issues which they like to use to whack Malaysia are these 7:
1. Malaysia is going bankrupt due to high household debts.
This is the most strange as the commonly cited Malaysia’s household debt to GDP is 89%. But Australia’s ratio just overtook Switzerland and Denmark (both of which is about 120% too) to became the highest in the world earlier this year at 125.2%.
If you don’t like to read graphs then you can read about it here in the article titled “How Australian households became the most indebted in the world“.
2. Malaysia is going bankrupt due to high government debts.
They say that Najib has increased the govt debt greatly since he became PM and that the Govt debt to ratio has jumped 13% from 41.24% in 2008 to 53.9% now. This was mainly due to the Great Global Recession that started that year and Najib did some pump priming to save Malaysia from a bad recession when he took over.
However, what is lost to those Malaysians in Australia is that the Govt Debt-to-GDP ratio in Australia also jumped since 2008.
In fact, it jumped more – 25% from 11.7% to 36.8%.
Looking at the current trend and the fact that the Australia economy is struggling now due to the slump in commodity prices and reduced demand from China, many believe that this will continue to grow and could overtake Malaysia soon – whereas Malaysia’s ratio has been relatively stable over the past few years.
But the thing is, Malaysia is far from going bankrupt even at 53.9% as at current ratio, there are 71 other countries way ahead of Malaysia in terms of Govt Debt-to-GDP ratio indluign Japan, France, USA, Germany, UK etc.
Also, Malaysia had a ratio of 103.4% in 1985 so if Malaysia did not go bankrupt then, how is it that we go bankrupt now at 53.9%?
3. Malaysia is going bankrupt due to high External (Foreign) debts.
Well, Malaysia doesn’t owe any money to IMF and World Bank (we cleared these decades ago). Based on the expanded definition from 2 years ago to comply with international standards which includes foreign ownership of bonds and bank deposits in Malaysia owned by foreigners, Malaysia’s external debt is now RM846 billion – or about 66% of our GDP. Continue reading
Failed journalist Kee Thuan Chye likes to portray himself as a righteous writer. He lectures everyone about objectivity, neutrality and fairness. But he is a bitter man out with a vengeance of sorts because of bottled up frustrations.
He enjoys running down mainstream media – where he works and got his bills paid until he retired or rather outlived his value which are no longer relevant in the industry.
After he retired he continued as a contract staff of The Star but was notoriously known as a egoistic and unproductive staff who is keen to gossip than producing quality work.
His contract was not renewed and since then he has nothing good to say about his ex employers. Out of frustration, he went on a crusade to run down those who had done better than him. He is really a bitter man.
In short, he is also a pretty ungrateful person.
He has blasted the BN but everyone knows he is a ass licker of the DAP, who spends his time trying to make the equally arrogant Lim Guan Eng looks good.
Kee Thuan Chye should stop bullshitting. He should stop this Bullshit series because he is just another political wannabe.
Apparently he is hoping that Guan Eng will give him a job for portraying himself as being anti establishment. Being unemployed now, he desperately needs to make ends meet at all cost.