What Malaysians do not know.... (as usual)

Malaysians are a sorry bunch. As long as their everyday lives are not being disrupted, they are more than willing to be led by their noses to wherever, and believe whatever is being fed to them, including Elvis being alive.

Check these two articles out :

Malaysiakini.com 1
Malaysiakini.com 2

The first article is titled "Government should profit from Low Fuel Prices" and highlights how our dear Domestic Trade and Consumer Affairs Minister Shahrir Abdul Samad commenting that :

1) The government can make a profit if local fuel prices remain at RM2 per litre and
global crude oil prices hover at around US$55 per barrel.

2) "We gave it (money) away in the form of subsidies when prices were high, so it's only fair that the government makes some money now when prices are low."

3) Petrol stations will not be able to profit from the current low prices as they get a fixed margin of 12 sen per litre.

4) The government had stopped paying petrol subsidies since Nov 1 when global crude oil prices dipped below US$65 per barrel.

5) "At the price today, which is at RM2 (per litre), there is no subsidy and we do not have to pay.


So not only am I paying exorbitant Taxes for my car, road tax, income tax... etc etc etc. Now I'm paying an extra "hidden" cash back to the Government in the form of gas prices!!

Now that Crude Oil prices has dropped below USD 50/barrel... my government is litterally SWIMMING in everyday profits reaped from poor Malaysians who continue to pump petrol at RM2/litre, oblivious to the facts above, and blissfully happy that the gas prices just dropped to RM2/litre only last week!!

There's nothing left to say except a big huge facepalm.


P/S - I do think that Elvis is ALIVE! =D