1. Pump Prices and Permating Pauh are not linked together. Petrol and Politics don't mix. They all just happen to begin with the alphabet "P".
Every Hairy, Dick.. and Tom in the government is saying that the petrol price was dropped earlier is due to steep rise in inflation rate & lower global oil prices.
"Abdullah said the decision was made after taking into account the fall in the world fuel price in recent weeks and the steep rise in the inflation rate last month... The decision is also based on the current economic development"
- TheMalaysianInsider -
When they raised the petrol prices, I wonder whether they forecasted inflation to go up, or did they "hope" that M'sian economy is solid and will not be affected by minor changes in petroleum subsidies...
The frequency of the oil prices review has also changed from 1 month, to 15 days, said Housing and Local Government Minister Datuk Seri Ong Ka Chuan, link = Malaysian Insider. This was decided on Friday's cabinet meeting.
2. Najib: "..the people must understand that for every litre, the price was subsidised 30 sen" TheStar
On top of the subsidy, there is a (one time or yearly?) birthday present of RM 625 for engines below 2k cc. According to Najib, this birthday present will subsidise about 35-40 cents a liter. However, please read Paul Tan to get some real life perspective on Najib's allegation.
Initially, Gomen intelligence (or lack of) assumes that M'sians use an average of 66 liters of petrol a month. Najib now assumes we use about 148 liters a month. To me the latter is a better estimation, as my kancil is a little less that 148 liters, but the X20 definitely drinks more than 148 liters a month.
The bottomline is, petrol subsidy is a privilege, not a right. The people must understand this and appreciate the Gomen for their kindness and mercy in giving the people a RM0.30 subsidy. You don't like? then get out of here la...
3. August 26th is a Special Holiday in Penang. MalaysiaKini
The EC (Election Commission) set August 26th as Permatang Pauh's by-election date. A Tuesday. Normal people like me, go to work on Tuesdays. Does anyone know why the EC chose Tuesday, and not Saturday? Its puzzling. Genius or influenced by "powers-that-be"?
I think Pakatan Rakyat knows if everyone votes, BN will lose. So they conveniently declared August 26th a special state holiday. Genius or an abuse of power?
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