Be Prepared!

With the recent fuel price increase, there will be price increases in everything very soon. Effective immediately, my favorite kolo mee already cost about 40 cents more. So you can imagine that everything else will be going up too. What is the Government going to do about enforcement to control the spiralling cost of food? Our Government Enforcement should be stepped up and constantly monitor the situation. If we are not careful, there will be chaos soon and people will start to take their protest to the streets. I mean when ones livelihood is affected to a degree when they cannot make ends meet, they will be left with no alternative but to voice their frustrations publicly.

The ministers and high powered politicians do not actually feel the new increases because they go to work in Government cars and they are paid better than most average Malaysians. I think these people don't even realise that we the Rakyat is starting to feel that our inflation rate is already about 6-8% instead of the 3-4%. This also means keeping our money in FD will not actually increase our savings but depleting it eventually.

Today Petronas announced that they are actually not making that much profit. They are saying that the cost of oil exploration is very high. Why don't the Government make public the audited account of Petronas? We the Rakyat should be able to make comments on how Petronas spends its money to run this oil business; i.e. Director's Remuneration and Salaries, Monthly Office Expenses, Benefits and Entitlements to Directors and Senior Executives, Exploration Costs, Monthly Operating Expenditures, etc. Petronas will not be making money is all the above are left unchecked. Petronas can only make more money if they try to trim down all the above expenses. Therefore, some people may have to get less benefits, less pay, less bonuses, etc. I mean everyone acknowledge that times are bad and many companies have already practiced pay cuts, reduced workforce and reduced their expenses. So why should Petronas be any different?

Imagine a 10-20% pay cut for top executives will be more effective then laying off ordinary workers of a company. I think with these measures taken a company like Petronas will be able to improve their profit margin and better serve the nation. Share you thoughts please!

So I would think the best start to satisfy people is to make public the accounts for Petronas and let the Rakyat judge for themselves. Maybe after that, the Rakyat will truly appreciate and understand why the Government had to take drastic measures to increase the fuel prices. Only with such understanding then we can support the Government's decisions. So be prepared everyone, the road ahead is not going to be a smooth ride unless the Government starts listening to the cries of the Rakyat.