O Allah. Lord- Deliver us from Temporary Insanity.

Almost every day I hear advertisements on radio airing how pleased parents are at getting PTPTN and their children now do the civic duty to repay. Everyone seems to be rejoicing at the idea of paying money for getting education. Malay parents who are more likely to demand many free things are now defending the need to pay?

At the end of each year, Malay parents especially in rural areas, will go begging around and demanding from elected reps money to pay fees and what not. And here is a proposal to give free education up to university level and parents who normally find it extremely difficult to make ends meet, are rising up in arms insisting they want PTPTN?Debt is preferred? Where is the psychiatrist please? Dr Chua?

What kind of madness has seized them? PR proposes to provide free education and the brainwashed people insist they want to pay. Can the children please advise your parents? Elect Pakatan to get free education. The country will not go bankrupt. The country goes bankrupt when the country is not frugal or when it is incompetent like the Najib government. Even in times when the economy is good, he goes on piling up debt.

PETRONAS employees- do your civic duty to the nation and the rakyat. Each year, PETRONAS, the organization where you work gives cash to the government. Where has the money gone to? Stop PETRONAS being turned into UMNO’s ATM.

Since 1974, PETRONAS has given out RM 529.0 billion in the form of dividends, taxes, export duty on oil and gas. PETRONAS has given out RM 136.5 billion as subsidies to TNB, IPPs, commercial bodes and others. (See Laporan Tahunan PETRONAS 2011)

Stop the internal hemorrhage on PETRONAS earnings. Since 2007, PETRONAS has paid the government on average RM 61.0 billion a year. Dividend payments have reached 53% of PETRONAS’s profits. Other oil and gas companies in the world pay on the average 38% of their profits to their respective government. Here in Malaysia, the UMNO government sucks up half into their financial black hole. PETRONAS money has contributed on average up to 41% of government revenue.

Where has the money gone to? It has gone to bail out several GLCs and companies belonging to some fortunate sons. PETRONAS money of RM2.5 billion was used to guarantee Bank Bumiputera in 1985 and in 1991, another RM1 billion was pumped into BBMB. In the end, BBMB the pride and joy of the Malay commercial community vanished into thin air and was replaced by CIMB. With that, Malays lost their sense of self-worth. Malays lost their bank because of rapacious greed of UMNO politicians, and they still want to support UMNO. Are Malays deriving pleasure when pain is administered on them? Why are you subjecting yourselves to torture from UMNO?

PETRONAS bailed out the fortunate son with a RM2-billion bailout. He was freed from debt and probably made some money selling his assets and `goodwill’ and used the money to invest in San Miguel. Now the fortunate son is back buying Esso’s business in Malaysia and turning them into Petron. The triumvirate of evil is emerging- Kencana-Sapura-Petron. PETRONAS employees! Your livelihood is next.

PETRONAS money is used to build the PETRONAS twin tower so that Mahathir can have his perpetual erection. It cost PETRONAS RM6 billion to construct the two humongous phallic symbols. PETRONAS financed the construction of Putrajaya at a cost of RM22.0 billion.

The fact of the matter is, while you toiled and take pride in doing your work with PETRONAS, you don’t know here the billions have gone to. The civic duty is to elect a fiscally responsible government. Elect a new government that will retire your adviser. Otherwise your own livelihood is threatened. Kencana?Sapura/Petron will one day take much of your business.

Posted by sakmongkol AK47