MALAYSIA CRUDE SITUATION

It is baffling to any Malaysian, whoever it is, with a bit of brain, to analyse as to what were said recently by our ‘smart’ Deputy Prime Minister.
He said, the price of crude had risen to the level that it is imperative for us to rethink on the subsidy, as it had eroded into our development expenditure. Meaning the price of petrol, diesel & gas have to be increased, otherwise future development, immediate or otherwise has to be put on hold.

Is there any logic in this? Malaysia is a net exporter of crude & gas. Would she rather want a lower international price for such product?
I would have thought the higher it goes the better, rather than the reverse. Don’t you think so? In fact the higher the price, the more we would have, in net revenue, or we can only count to 10. This would be the bonanza, we all have been hoping for and the funds for development should be over-flowing.
With this windfall, we should be able to control inflation and depreciation of our ringgit, to such time until the world economy stabilises and finds its balance, which is, the country made poorer should not be artificially made or seemed to be rich and vice versa.

What the DPM proposed or intended to do, mounts to stealing from those who had been saving the little bit of extra cash, over the years, for the rainy day or their intended purposes. Whatever money that was saved for children education, health care or retirement would not be enough, in time to come.
I, for one, do not wish to see those mega projects if my very own survival is in jeopardy.
To encourage inflation in Malaysia, while we still have the ability to avoid it is more than seditious, it is criminal!!!