Into whose pockets will Najib’s RM60B actually flow into?

After months of arrogance, saying that we do not have an economic crisis, deputy premier Najib Tun Razak unveils a ‘RM60b stimulas package’. We have liars with no end running this country.

After months of telling us we are ok, no need to worry, now they slap our faces with RM60B that we can’t see or touch! Can we believe this to be true?

This comes in an opportune time where there is only weeks to go before PM Abdullah Ahmad Badawi hands him the country’s reins.

The package, says many, are short sighted, and only goes to show that the PM in Waiting wants a political kick out of this.

The problem with this country is the lost of confidence and trust that most people, especially investors have in our systems, from the police to the judiciary and the executives.

Can the stimulus package address these issues? How will it be implemented? Just dangling RM60B in front of the people’s eyes do not count for anything if we are not going to sniff a cent of it!

It seems not. What it addresses, the way I see it, is more goodies for the ‘right’ people, contractors will political links, etc.

I had the same question as Penang CM Lim Guan Eng “Where will all this money come from”. But I add: Where will it go to?

With BN’s habit of nepotism, cronyism and corruption, do I need to ask more?

We treat migrant workers with disdain, but this package wants to offer ‘professionals’ with PR status. If they have 2milRM to invest that, is.

With such low investor confidence, I do not know how this would work.

I believe the announcement of “60 Billion” itself has made people dizzy.

With so much negative responses to this financial package by Najib, I wonder what else we can expect from him once he becomes PM.

I dread to think, honestly.

Susan Loones
12/03/09

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