When m'sia ask govt why fuel prices have to go up, govt will say,ARABS sells oil to M'sia in US currency T/F?
This is the palace, m'sia price controllers will always say it affects m'sia's P&L accounts to support their neighbours' polygamy wifes, God no need money for example. What happen to our own oil and P&L accounts, are we importing oil or are we using m'sia own resources call oil? If we are importing do we have to pay US currency when we m'sia citizens are earning local RM$ currency??
http://www.youtube.com/watch?v=axD0qTFKuKA
Yes when m'sia govt do international trades for all export and import in US currency, but when you ask all citizens to pay oil accroding to US currency markets value, it sounds silly, because those who are earning RM$ will suffer if citizens are not earning US$ to pay US$ for purchases of fuel. If citizens are trading fuel from the ARAB market in US currency directly following the international ,arket, why do we need a m'sia govt to do international trades for m'sian country and set up P&L accounts or GDP growth for our country?
Do you want citizens to feed the m'sia govt community with a price hike due to their population and family matters every year or m'sia govt community to pay pensions and all healthcare to all citizens of all races as shown in the western countries, where govt actually reduces burdens of their citizens?
1) Govt agrees to pollute Semenyih Dam will neuclear waste that seeps into the underground water heading towards the Semenyih Dam
2) Govt hikes petrol price to contra out our EPF savings and INterest to negative figure when petrol price were to follow US$ currency market per barrel and not RM$ ringgit malaysia currency even if citizens do not earn US$ currency
3) Some Msia govt politicians Doctorate are awarded qualifications, not studied and sit for exams in Universities, whenever there is a flu or disease, they will tremble in the fear and they will use guns kill instead of curing your animals into the graveyards and how do they approve drugs and medications for KKM (Health ministry), tell me
4) We do not get pensions allowances like in the west, west gives pensions to all elderly people irregardless of race & religion
5) Western govts buy insurance as long as the citizen has an I/C without deducting salaries from their citizens for all medical illnesses at all age range fr doctors
A Parasite govt will hike prices every year and will never repeg currency
or add gold bars waiting for foreign currency to fall that is all
http://www.youtube.com/watch?v=A64YWkpOvtQ
http://www.youtube.com/watch?v=VAFz-NA0EFc
how many blood does citizens' have???
http://www.youtube.com/watch?v=qm8uFIHBSDs
Needs more blood money to fuel your car every year??
http://www.youtube.com/watch?v=KTqKuqrRc6c
Good attempt answer by the1st person below.
Ok if US currency slips down compared to international markets, RM$ Malaysian currency pegs higher not due to our currency upgrading, but US dollar falls at a lower value internationally. Why is the ringgit RM$ still struggling on fuel prices when the Japanese Yen stays strong? There is not much of a problem for Yen currency even if US$ sliding down slightly right because international trades is not just on one country itself?
April 1st, 2008 at 10:46 am
I'm really touched by your enthusiasm , but i have noticed few things in what you said that only tell part of the story . you have to be informed right , and i will try to clarify the picture for you .
Arabs only produce what can be from 20 -25 % of the total production of oil . OPEC countries , which is an international oil production cartel , which includes non-Arab countries produces only around 40% of the general production of oil .
the remaining 60% is produced from non-Arab and non OPEC countries . that includes places like Russia , the North Sea and the US itself .
so you see Arabs are not blamed for the hiking prices .
but you have to know that the these prices are high because the dollar is going down . actually i heard that the price of oil is equivalant now to what it was in the beginning of the 80s . something like 35 dollars for a barrel of oil . actually the price of the dollar compared to the Yen at that time was 235 yen for a dollar . today it is 101 yen for a dollar .
so you see the problem will aggrivate with time and the price of oil may rocket higher every time the dollar slips down .
i wish you a good day .
April 1st, 2008 at 10:46 am
True. There is a movement from oil nations to change the currency to Euros. They will basically punish any country unwilling to do this by causing oil prices to increase.