Buku Jingga will bankrupt Malaysia in 2 years, claims the MCA leader

MCA president Dr Chua Soi Lek claimed that Pakatan Rakyat's policy document, the Buku Jingga, will bankrupt the entire nation in just two years upon implementation.

Did you know why did the big headed Dr Chua said that? The answer is very simple. It is because the treasury in Putrajaya has by now almost gone emptied. And that is why the federal government which is still under Umno and BN has to resort to taking the people's money from the Employees' Provident Fund (EPF) in order to finance their housing projects.

Prior to that, the finance ministry had even instructed the EPF board to waive the few millions of Ringgit of outstanding loan repayment by the government. This means BN borrowed the money from the EPF and they need not repay it now.

Then, the recently exposed NFC (cows and condos) scandal which caused the government millions of Ringgit, the PKFZ scandal which is still left unresolved although some scapegoats were hauled to the court for show trials and many more.

Therefore, this is how the BN is going to give Pakatan Rakyat (PR) the worst nightmare if the later were to come to power in the next general election. By the time PR takes office (if this materialized), the treasury may have already been emptied and dried up.

This is exactly what the BN have done in Penang, Selangor and Kedah in March 2008 in aftermath of BN's defeat in these states. When the PR took over, these state administrations suffer a very heavy deficit but after more than two years, these PR state governments had managed to put things back to order.

And since Umno or MCA has nothing else to say to counter the PR's various achievements, they start using race card to get support from the Malays and Chinese communities thinking that the people would once again got hooked with their lies and empty promises.