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	<title>Comments on: KY &#8211; in Support of the Petrol Price Hike</title>
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	<link>http://kyspeaks.com/2008/06/05/ky-in-support-of-the-petrol-price-hike/</link>
	<description>Food, Travel, and Party, a new definition of FTP</description>
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		<title>By: KY</title>
		<link>http://kyspeaks.com/2008/06/05/ky-in-support-of-the-petrol-price-hike/comment-page-2/#comment-76404</link>
		<dc:creator>KY</dc:creator>
		<pubDate>Mon, 09 Jun 2008 15:41:32 +0000</pubDate>
		<guid isPermaLink="false">http://kyspeaks.com/?p=589#comment-76404</guid>
		<description>zomfgwtfbbq,
I take it that you might have read &quot;Confessions of an economic hit man&quot; too? :D

takemoto,
Very well written. And I do agree that the management of the price hike is poor, but in principle the price hike is a good thing. </description>
		<content:encoded><![CDATA[<p>zomfgwtfbbq,<br />
I take it that you might have read &#8220;Confessions of an economic hit man&#8221; too? <img src='http://kyspeaks.com/wp-includes/images/smilies/icon_biggrin.gif' alt=':D' class='wp-smiley' /> </p>
<p>takemoto,<br />
Very well written. And I do agree that the management of the price hike is poor, but in principle the price hike is a good thing.</p>
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		<title>By: takemoto</title>
		<link>http://kyspeaks.com/2008/06/05/ky-in-support-of-the-petrol-price-hike/comment-page-2/#comment-76399</link>
		<dc:creator>takemoto</dc:creator>
		<pubDate>Mon, 09 Jun 2008 15:35:18 +0000</pubDate>
		<guid isPermaLink="false">http://kyspeaks.com/?p=589#comment-76399</guid>
		<description>I didn&#039;t say that move was bad, it was something that worked eventually, in the face of so many dissent and not even DSAI had thought it wou;d&#039;ve work. I just merely said that taking the subsidies out and raising prices by 70 cents abruptly is going to hit lower-income groups hard. Even my sister who earn less than 2k in KL is going to have a hard time coz she needs to drive to work, and there&#039;s no public transport near her area. What do you expect her to do? Walk there? There should be another way to deal with this matter.

I agree prices won&#039;t go down any time soon,  but this is a good sign that we are relying too much on this exhaustable resource, and we should start looking for alternatives. Where&#039;s the biofuel that was promoted by the government? Surely that would be a good way to start? Research on alternative energy should be a priority for long term,and not just think about holding on to things that quite freankly would end up soonr or later. By that time, petroleum is going to be exhausted, then what? All the money in the world can&#039;t even move your Merc. We should start relying less on it. 

Maybe whatever i wrote just now befuddled your mind, but i agree that prices will go up, but raising prices is something the government can control, with consideration dealt to the public, abrupt changes will hit hard on the poor, cause inflation, and dishing rebates won&#039;t be a long-term solution. 

I blame the PM because he has shown weakness in administration and showing poor leadership skills, a leader should be respected, revered and loved, not one who sleeps, becoming a butt of all jokes or a puppet to 4th floor boys. I cannot think of a single thing to commend about him at all. With him, all the potential we have would be had.

You&#039;re obviously very well read, but your mannerisms goes the other way. Everyone is entitled to their views, i&#039;m just saying mine.</description>
		<content:encoded><![CDATA[<p>I didn&#8217;t say that move was bad, it was something that worked eventually, in the face of so many dissent and not even DSAI had thought it wou;d&#8217;ve work. I just merely said that taking the subsidies out and raising prices by 70 cents abruptly is going to hit lower-income groups hard. Even my sister who earn less than 2k in KL is going to have a hard time coz she needs to drive to work, and there&#8217;s no public transport near her area. What do you expect her to do? Walk there? There should be another way to deal with this matter.</p>
<p>I agree prices won&#8217;t go down any time soon,  but this is a good sign that we are relying too much on this exhaustable resource, and we should start looking for alternatives. Where&#8217;s the biofuel that was promoted by the government? Surely that would be a good way to start? Research on alternative energy should be a priority for long term,and not just think about holding on to things that quite freankly would end up soonr or later. By that time, petroleum is going to be exhausted, then what? All the money in the world can&#8217;t even move your Merc. We should start relying less on it. </p>
<p>Maybe whatever i wrote just now befuddled your mind, but i agree that prices will go up, but raising prices is something the government can control, with consideration dealt to the public, abrupt changes will hit hard on the poor, cause inflation, and dishing rebates won&#8217;t be a long-term solution. </p>
<p>I blame the PM because he has shown weakness in administration and showing poor leadership skills, a leader should be respected, revered and loved, not one who sleeps, becoming a butt of all jokes or a puppet to 4th floor boys. I cannot think of a single thing to commend about him at all. With him, all the potential we have would be had.</p>
<p>You&#8217;re obviously very well read, but your mannerisms goes the other way. Everyone is entitled to their views, i&#8217;m just saying mine.</p>
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		<title>By: zomfgwtfbbq</title>
		<link>http://kyspeaks.com/2008/06/05/ky-in-support-of-the-petrol-price-hike/comment-page-2/#comment-76380</link>
		<dc:creator>zomfgwtfbbq</dc:creator>
		<pubDate>Mon, 09 Jun 2008 13:32:30 +0000</pubDate>
		<guid isPermaLink="false">http://kyspeaks.com/?p=589#comment-76380</guid>
		<description>Oh with regards to taking loans. I tell you what mate, with regards to taking loans from the IMF and be the United States of America&#039;s bitch to be jerked around, I don&#039;t think that would be a good move on the part of the prime minister.

If those are the kind of loans you want, then I don&#039;t think we see eye to eye. The Americans laucnh a country into debt by selling the &#039;target&#039; country &#039;American technology and expertese&#039; and forcing the &#039;target&#039; countries to take out &#039;American&#039; loans to pay for these &#039;services&#039; with absurd conditions like high interest rates and what not which in turn causes the country to be submissive to the Americans? I think not. You want proof? Go look at philippines and indonesia. 

Nice loans huh. =/</description>
		<content:encoded><![CDATA[<p>Oh with regards to taking loans. I tell you what mate, with regards to taking loans from the IMF and be the United States of America&#8217;s bitch to be jerked around, I don&#8217;t think that would be a good move on the part of the prime minister.</p>
<p>If those are the kind of loans you want, then I don&#8217;t think we see eye to eye. The Americans laucnh a country into debt by selling the &#8216;target&#8217; country &#8216;American technology and expertese&#8217; and forcing the &#8216;target&#8217; countries to take out &#8216;American&#8217; loans to pay for these &#8217;services&#8217; with absurd conditions like high interest rates and what not which in turn causes the country to be submissive to the Americans? I think not. You want proof? Go look at philippines and indonesia. </p>
<p>Nice loans huh. =/</p>
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		<title>By: zomfgwtfbbq</title>
		<link>http://kyspeaks.com/2008/06/05/ky-in-support-of-the-petrol-price-hike/comment-page-2/#comment-76379</link>
		<dc:creator>zomfgwtfbbq</dc:creator>
		<pubDate>Mon, 09 Jun 2008 13:23:27 +0000</pubDate>
		<guid isPermaLink="false">http://kyspeaks.com/?p=589#comment-76379</guid>
		<description>Wow, all of a sudden I&#039;m an umno member. I guess they do allow chiense to be come umno members. =/ Some people really need to wake up and smell the roses. oil prices will never in hell go down unless you kill 1/2 the world population and take out 85% of the motor vehicles and shut down all the oil power plants in the world. (Mind you kids this is all sarcasm.) 

Inflation is a strange phenomenon, and I take pride in learning about inflation as an economics undergrad as well as the general health of economies around the world and such. 

We are all seeing short term shocks to the system right now. People are panicking like chooks with their heads cut off. But people will adjust to this effect in the long run. The G8 can do nothing at this point and they are acknowledging their economies are headed to the shits. Economic growth we have experienced in the last 50 years is a thing of the past. To constantly grow at 2- 3% steadily for a lot of economies where economies of scale has been pretty much maximised is already gone.

The oversupply of money has fuelled this inflation. Not Badawi. Now people, if you guys can just calm down and actually look at the big picture, we are hopefully just in it for the short run. We are a growing country unlike other countries with huge growth potential.

I can go on further, however what&#039;s the point. I should start writing a paper on Malaysia and growth and what not. blah 

-zomfgwtfbbq.</description>
		<content:encoded><![CDATA[<p>Wow, all of a sudden I&#8217;m an umno member. I guess they do allow chiense to be come umno members. =/ Some people really need to wake up and smell the roses. oil prices will never in hell go down unless you kill 1/2 the world population and take out 85% of the motor vehicles and shut down all the oil power plants in the world. (Mind you kids this is all sarcasm.) </p>
<p>Inflation is a strange phenomenon, and I take pride in learning about inflation as an economics undergrad as well as the general health of economies around the world and such. </p>
<p>We are all seeing short term shocks to the system right now. People are panicking like chooks with their heads cut off. But people will adjust to this effect in the long run. The G8 can do nothing at this point and they are acknowledging their economies are headed to the shits. Economic growth we have experienced in the last 50 years is a thing of the past. To constantly grow at 2- 3% steadily for a lot of economies where economies of scale has been pretty much maximised is already gone.</p>
<p>The oversupply of money has fuelled this inflation. Not Badawi. Now people, if you guys can just calm down and actually look at the big picture, we are hopefully just in it for the short run. We are a growing country unlike other countries with huge growth potential.</p>
<p>I can go on further, however what&#8217;s the point. I should start writing a paper on Malaysia and growth and what not. blah </p>
<p>-zomfgwtfbbq.</p>
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		<title>By: KY</title>
		<link>http://kyspeaks.com/2008/06/05/ky-in-support-of-the-petrol-price-hike/comment-page-2/#comment-76370</link>
		<dc:creator>KY</dc:creator>
		<pubDate>Mon, 09 Jun 2008 11:35:29 +0000</pubDate>
		<guid isPermaLink="false">http://kyspeaks.com/?p=589#comment-76370</guid>
		<description>takemoto,
Inflation issues will be paramount, I agree, but I think the bread costing as much as a steak is a bit of an over statement.
AAB is the head of the government NOW, but I not think he will continue to be for any length of time. I am remaining hopeful. :)</description>
		<content:encoded><![CDATA[<p>takemoto,<br />
Inflation issues will be paramount, I agree, but I think the bread costing as much as a steak is a bit of an over statement.<br />
AAB is the head of the government NOW, but I not think he will continue to be for any length of time. I am remaining hopeful. <img src='http://kyspeaks.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
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		<title>By: takemoto</title>
		<link>http://kyspeaks.com/2008/06/05/ky-in-support-of-the-petrol-price-hike/comment-page-2/#comment-76367</link>
		<dc:creator>takemoto</dc:creator>
		<pubDate>Mon, 09 Jun 2008 11:00:54 +0000</pubDate>
		<guid isPermaLink="false">http://kyspeaks.com/?p=589#comment-76367</guid>
		<description>zomfgwtfbbq

Looks like u&#039;re sucking KY&#039;s d*** now. 

Now if you&#039;re upset of wasting precious oxygen with people, why don&#039;t u go get a whiff of some petrol fumes? Or even cigar smoke or fart that comes out of your silly umnoputra friends?

Petrol isn&#039;t the main issue here, it&#039;s the inflation that comes with it. Would you want a situation where things inflate to such an extent where a bread would cost as much as a piece of steak? 

There are other ways to solve it. Even TDM ignored the international idea to take loans and pegged the ringgit, stemmed money flowing outwards during the economy crisis in 97/98. Those ministers should have enough think tanks there to think of something else than just removing subsidies. That&#039;s just a weak excuse to cut down expenditure when all the money saved is spent somewhere we wouldn&#039;t know.

KY, well, AAB is the head of the government rite? He represents them, if you want to give them hope, you&#039;d be giving it to him rite?</description>
		<content:encoded><![CDATA[<p>zomfgwtfbbq</p>
<p>Looks like u&#8217;re sucking KY&#8217;s d*** now. </p>
<p>Now if you&#8217;re upset of wasting precious oxygen with people, why don&#8217;t u go get a whiff of some petrol fumes? Or even cigar smoke or fart that comes out of your silly umnoputra friends?</p>
<p>Petrol isn&#8217;t the main issue here, it&#8217;s the inflation that comes with it. Would you want a situation where things inflate to such an extent where a bread would cost as much as a piece of steak? </p>
<p>There are other ways to solve it. Even TDM ignored the international idea to take loans and pegged the ringgit, stemmed money flowing outwards during the economy crisis in 97/98. Those ministers should have enough think tanks there to think of something else than just removing subsidies. That&#8217;s just a weak excuse to cut down expenditure when all the money saved is spent somewhere we wouldn&#8217;t know.</p>
<p>KY, well, AAB is the head of the government rite? He represents them, if you want to give them hope, you&#8217;d be giving it to him rite?</p>
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		<title>By: KY</title>
		<link>http://kyspeaks.com/2008/06/05/ky-in-support-of-the-petrol-price-hike/comment-page-2/#comment-76339</link>
		<dc:creator>KY</dc:creator>
		<pubDate>Mon, 09 Jun 2008 07:03:26 +0000</pubDate>
		<guid isPermaLink="false">http://kyspeaks.com/?p=589#comment-76339</guid>
		<description>zomfgwtfbbq,
Your comment was actually found in the spam queue. :D</description>
		<content:encoded><![CDATA[<p>zomfgwtfbbq,<br />
Your comment was actually found in the spam queue. <img src='http://kyspeaks.com/wp-includes/images/smilies/icon_biggrin.gif' alt=':D' class='wp-smiley' /> </p>
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		<title>By: KY</title>
		<link>http://kyspeaks.com/2008/06/05/ky-in-support-of-the-petrol-price-hike/comment-page-2/#comment-76333</link>
		<dc:creator>KY</dc:creator>
		<pubDate>Mon, 09 Jun 2008 06:33:24 +0000</pubDate>
		<guid isPermaLink="false">http://kyspeaks.com/?p=589#comment-76333</guid>
		<description>andrew,
Hie and nice to meet you too! :)

vialentino,
I agree, many of us are tired of the false promises.

takemoto,
I didn&#039;t state that I support &quot;Mr. Clean&quot;, I was only commenting on the price increase. :)

aeroplane1234,
You get to claim, don&#039;t you? :P

unknown,
I don&#039;t work for an oil and gas company, and yes I drive to work everyday. Your assumption is incorrect. By the way, subsidy doesn&#039;t really have much to do with the oil and gas companies&#039; balance book.
On the food part, we can have different taste as well. I&#039;d have more respect if you&#039;re not anonymous and be more specific.

jason,
Ignorance or understanding? Smart or cynic? Very fine line.

chris tock,
London treating you well? Tapao duck rice for me!</description>
		<content:encoded><![CDATA[<p>andrew,<br />
Hie and nice to meet you too! <img src='http://kyspeaks.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
<p>vialentino,<br />
I agree, many of us are tired of the false promises.</p>
<p>takemoto,<br />
I didn&#8217;t state that I support &#8220;Mr. Clean&#8221;, I was only commenting on the price increase. <img src='http://kyspeaks.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
<p>aeroplane1234,<br />
You get to claim, don&#8217;t you? <img src='http://kyspeaks.com/wp-includes/images/smilies/icon_razz.gif' alt=':P' class='wp-smiley' /> </p>
<p>unknown,<br />
I don&#8217;t work for an oil and gas company, and yes I drive to work everyday. Your assumption is incorrect. By the way, subsidy doesn&#8217;t really have much to do with the oil and gas companies&#8217; balance book.<br />
On the food part, we can have different taste as well. I&#8217;d have more respect if you&#8217;re not anonymous and be more specific.</p>
<p>jason,<br />
Ignorance or understanding? Smart or cynic? Very fine line.</p>
<p>chris tock,<br />
London treating you well? Tapao duck rice for me!</p>
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		<title>By: zomfgwtfbbq</title>
		<link>http://kyspeaks.com/2008/06/05/ky-in-support-of-the-petrol-price-hike/comment-page-2/#comment-76319</link>
		<dc:creator>zomfgwtfbbq</dc:creator>
		<pubDate>Mon, 09 Jun 2008 04:12:42 +0000</pubDate>
		<guid isPermaLink="false">http://kyspeaks.com/?p=589#comment-76319</guid>
		<description>OMG. KY you are my hero. I was tempted to write something similar to slaughter all them idiots who try and maintain that the removal of the subsidy is a bad thing bla bla bla bla, but due to exams I could not find enough time to write a coherent yet insightful article as to why this subsidy HAD TO BE REMOVED.

And to all you fucking morons out there. Just suck a dick. You can&#039;t stop the rise of oil prices. It&#039;s inevitable that the subsidies have to be removed. The world consumption has increased, supply isn&#039;t increasing to match it. There&#039;s a lot of pressure on foreign economies to remove THEIR subsidies on oil also, for example India, China and Japan. 

Now stop slaughtering KY and just shut the fuck up. Seriously. I can&#039;t believe there are idiots like you wasting my precious oxygen in the world. 

KY for Minister of Trade!

- zomfgwtfbbq.</description>
		<content:encoded><![CDATA[<p>OMG. KY you are my hero. I was tempted to write something similar to slaughter all them idiots who try and maintain that the removal of the subsidy is a bad thing bla bla bla bla, but due to exams I could not find enough time to write a coherent yet insightful article as to why this subsidy HAD TO BE REMOVED.</p>
<p>And to all you fucking morons out there. Just suck a dick. You can&#8217;t stop the rise of oil prices. It&#8217;s inevitable that the subsidies have to be removed. The world consumption has increased, supply isn&#8217;t increasing to match it. There&#8217;s a lot of pressure on foreign economies to remove THEIR subsidies on oil also, for example India, China and Japan. </p>
<p>Now stop slaughtering KY and just shut the fuck up. Seriously. I can&#8217;t believe there are idiots like you wasting my precious oxygen in the world. </p>
<p>KY for Minister of Trade!</p>
<p>- zomfgwtfbbq.</p>
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		<title>By: chris tock</title>
		<link>http://kyspeaks.com/2008/06/05/ky-in-support-of-the-petrol-price-hike/comment-page-2/#comment-76308</link>
		<dc:creator>chris tock</dc:creator>
		<pubDate>Mon, 09 Jun 2008 02:53:27 +0000</pubDate>
		<guid isPermaLink="false">http://kyspeaks.com/?p=589#comment-76308</guid>
		<description>wah a lot of hardcore comment, but i just comment for the sake of commenting because got a lot of comments here wheee :P</description>
		<content:encoded><![CDATA[<p>wah a lot of hardcore comment, but i just comment for the sake of commenting because got a lot of comments here wheee <img src='http://kyspeaks.com/wp-includes/images/smilies/icon_razz.gif' alt=':P' class='wp-smiley' /> </p>
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