General Erection....again....

After the 12th General Election on 8th of March,here comes another wave of General Erection.

Filling petrol nowadays is just like burning money in the car.

Petrol - New price=RM2.70 ,78cents (40.3%) hike from previous rate.
Diesel - New price=rm2.58 ,RM1 (63.3%) hike from previos rate.
Electricity - Household rate=Approx 18% hike, Comercial and Industrial rate=Approx 26% hike.

This is just the first wave...I bet the second wave is coming soon.As petrol and diesel rate on the hike,this will cause another chain reaction on the price of all daily products and utilities,ranging from food to building material etc.


Show me my money!

At the same time,the government had decided to go on with a new policy,to give rebate or subsidy to certain automobile owners.For car owners which his/her car's cc is under 2000cc,the government will give a RM625 rebate and for motorcyclist with motorcycle below 250cc,a rebate of RM150 will be given.

It's going up all the time!

This is already the FIFTH time the price of petrol is being adjusted(raised) since Pak Lah took office.However,the rakyat are still quite shocked and confused with the new system and policy.Despite the so called rebate/subsidy system,the rakyat is still unhappy with it,as the inflation rate might reach a new high of 5% this year,which will eventually burden the rakyat more.

The anger and unhappiness of the rakyat is building up.Shall we see another Tsunami due to this "quake" soon? Let us just wait and see. Perhaps,we'll have the answer before 16th of Sepetember.