Prime Minister Najib Abdul Razak attacked Pakatan Rakyat's 100-day reform plan, which was unveiled last month and described it as populist and irresponsible.
He called the plan ‘unrealistic’ because it did not state the source of funds to finance the undertaking.
He said, “We should not be too populist to the extent of pawning the country's future. We should not act that way; it's irresponsible and will cause our children and grandchildren to suffer.
“In fact, it won't take that long; in just two years, according to our estimates, our country will become like Greece if the plan is implemented without regard to the country's means to implement it.”
Isn’t it a bit rich coming from our Prime minister that Malaysia under Pakatan “will become like Greece…”?
First. He is correct. Malaysia will be another Greece but the cause of it is Umno/BN.
It is Umno/BN that has wasted 53 years of our time and bankrupted the country. It is BN’s empty promises and spendthrift ways that have failed the rakyat, every year.
Second. Successive BN administrations dared not tackle the twin problems of corruption and incompetence.
The agency which is supposed to go after graft, only seems to be interested in low-level corruption. It allows the big fish to escape, presumably with Najib’s approval.
Who knows? These might be Umno cronies. Those who are corrupt may have damning information that could bring his government down. Of course we cannot get any proof. How can we? There is no transparency in the way this government conducts its business.
If Najib is condemning Pakatan for its ‘unrealistic’ plan without ‘proper funding’, does he think he can perform better?
When the opposition pressed him for details into the funding of his mega-projects which included the 100-storey Warisan Merdeka, Najib was coy.
How about the questions that were raised by the Opposition about the 1Malaysia Development Berhad (1MDB)?
Najib managed to evade, side-step and duck at every opportunity, rather than provide answers.
Last July, Nurul Izzah Anwar asked when the company’s annual report would be tabled in Parliament.
Najib said the government would not table the 1MDB annual financial report in Parliament because it was not required by law. He said that ‘1MDB was a corporation set up under the Companies Act 1965’ and “It is not like other statutory bodies governed by the Statutory Act (Annual Accounts and Reports) 1980 that needs their annual report tabled in Parliament. 1MDB only needs to file its annual report to the Companies Commission of Malaysia (CCM).”
In September, Anwar Ibrahim raised doubts about the earnings and performance of 1MDB and that the company's audited accounts ending March 2010 have yet to be finalised.
He pointed out that 1MDB was allocated RM5 billion in 2009 via government bonds, and was expected to be issued another RM10 billion loan through state-backed bonds, for a grand total of RM15 billion in liabilities held by the company by 2013.
Anwar said, “This is four times the value of bonds issued for the PKFZ, which are valued at around RM3.685 billion.”
Anwar also ran parallels with the government's formation of Value Cap in 2002, which he claimed was so covertly run that it could not help but raise concerns that it was merely formed as a vehicle to bail out crony companies on Bursa Malaysia.
Thus, Najib’s tirade against PKR for its 100-day reform is all the more startling when he said, “I'm always of the opinion that if it's too good to be true, then it probably is. If we believe in something that is too good to be true, then we are deceiving ourselves and we will be taken in by our own errors.”
Perhaps, Najib has been deceived by his own idiotic mega-projects. What is the point of skyscrapers that reach out to the sky, when they are only projects to appeal to his vanity? Some fools will always believe that bigger is better.
Najib compares Pakatan’s plans with buying a better or bigger house based on one’s means to finance the purchase.
So, how does he justify the RM 65 million taken from the public purse, to renovate his official residence, Seri Perdana?
All around the world, it is always the despots who have the most gaudy, ostentatious and pretentious residences which mirrors their own inferiority complex.
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