Dr M says Idris Jala was ‘exaggerating’

Former prime minister Tun Dr Mahathir Mohamad has criticized the report by Datuk Seri Idris Jala, Minister in the Prime Minister’s Department who said that the country will go bankrupt if the subsidies were not reduced. Dr Mahathir said that Idris had exaggerated in his claims and that the country would instead become ‘poor’ and might not go bankrupt.

He said “Perhaps Idris (picture) was exaggerating. We are not going to be bankrupt but we are going to be poor. When the country is doing well, most people are working and they are creating wealth and then the government will tax them but in a recession that is when most of the people are unemployed and yet that is the time when we need the most amount of money. At the time when the country is in recession and the government has no money. We need to accept but I hope that the government will do this gradually and not suddenly pull the carpet from under your feet,”

He added that “In Malaysia, we must accept that when prices of raw materials go up then the prices of the end-product must also go up. You know the prices of petrol during my time was US$30 but at one time it went up to US$140. Imagine the amount of money that the government has to roll out. Especially now when our country’s oil production has been reduced to less than 500,000 barrels per day and we use more than 400,000 barrels a day. Therefore we only have 100,000 barrels to sell,”



comments

What is the difference between bankrupt and poor Che Det ? Its how you define it, both are not favourable news for the country. Whichever way we look at it we are not doing good, that's the bottom line. Politicians like you will make it sound more smooth but Idris is not. He is an honest man and he made it very clear.

Its you who is exaggerating it. Bottom line is politicians are a big pack of bullshitters (especially UMNO members).

Am sure Malaysians are more at ease if one day we wake up and suddenly find old Mamak no more around with his big foul talks ! Dont ape like our neighbour`s counterpart LKY. He is anytime better off than you . Like you, Idris was just no body except in the Coporate world . Like you,when given the chance you forget where is the limit ! Just freeze and shut up !


THIS 'TONG SAM PA' SENILE OLD MAN......REALLY GOOD IN PROVIDING MISLEADING INFORMATION. ..WHENEVER HE OPENS HIS BIG MOUTH ( THAT'S WHAT HE IS ANYWAY ) HE WILL SAY OUR PETROL PRICE IS VERY REASONABLE AS COMPARED TO USA & OTHER DEVELOPED COUNTRIES !!!! OF COURSE,WHEN COMPARED TO USA IT IS SO ...BUT HE FORGETS THAT THE INCOME IN USA IS 3.25 TIMES MORE THAN THE RINGGIT.........AS SUCH,WHEN CONVERTED, RINGGIT TO USA,WE PAY FAR MORE !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!FAR TOO MUCH

ANOTHER EXAMPLE IS THAT ONE CAN PURCHASE A REASONABLE CAR ,SAY,IF HE GETS USA2500.00 PER MONTH,HE ONLY PAYS APPROX 6-7 MONTHS OF HIS EARNED WAGES...WHEREAS,IN MALAYSIA,IF A BUYER GETS A CAR OF USA16,000.00 ( FOR THAT WILL BE SOLD AT APPROX 75-70k)...THEREFORE THIS WORKS OUT AROUND 16 MONTHS OF TOTAL EARNED INCOME OF THAT BUYER !!!!!!!!

NOW,WITH ALL THESE TAXES ROLLING IN THRU FOREIGN CARS & MONEY FROM PETRONAS......WHAT IS HAPPENING HERE ???????? ALL OF THE BN GANG & CRONIES HAVE 'ROBBED' THE MONEY THRU' MASSIVE CORRUPTIONS !!!!!!!!!!!!!!!!!!!

YOU & I KNOW THE CORRUPTIONS...NO NEED TO S P E L L THEM OUT ........

ONLY WAY TO KICK THEM OUT BY OUR VOTES.............SEND THEM BACK AS BACKBENCHERS .....AND SEE HOW THEY WILL REACT ..........WILL THEY USE IBRAHIM & THE MALAY NGOs TO STIR THE HORNET' NESTS ??????

WILL THEY USE I S A / WILL THEY CREATE ANOTHER MAY 13TH..........WILL THEY ???????????????

THIS WE DO KNOW : WE ARE RESPONDING TO THE WIND OF CHANGE HERE IN MALAYSIA........USA HAS CHANGED WITH AN AMERICAN BLACK PRESIDENT.......WE SHALL ALSO DEMAND/WANT CHANGE TOO.>