Thursday, December 3, 2009

Sugar is bad for you so let's raise its price



The funny thing about the government's latest proposal to do away with sugar subsidies (over RM720 million a year to maintain the price of coarse sugar at RM1.45 per kilo) is that it was something i had expected after reading the news not less than a month ago, that former Sugar King Robert Kuok's Perlis Plantations Berhad had disposed off all its sugar making business/lands in Malaysia to Felda. I thought at the time that the government must SURELY let go of sugar price controls and let Felda raise the price of sugar. Otherwise, how was Felda going to make its sugar-making business profitable? After decades of controlling the price of the sweet stuff and not budging to even allow sugar manufacturers to raise prices by a lousy 5 sen, as soon as Felda gets into the sugar business the government gives the green light to raise prices all for the sake of our GOOD HEALTH. Now that the sugar business is in the hands of its offshoot Felda, the government will bend over backwards to accomodate them. For years and years sugar manufaturers' pleas to the government to allow them to raise sugar prices fell on deaf ears. But now, lo and behold, it is decreed that sugar is bad for our health hence raising prices will force Malaysians to consume less sugar. They even got the Consumer's Association of Penang people to come out in support of this proposition. Baloney. This is about the same kind of reasoning as the imposition of a RM50 service tax on credit cards to stop allegedly irresponsible/profligate spending amongst Malaysians. It is now confirmed by those in the credit card business that the RM50 service charge on credit cards will have NO EFFECT whatsoever on the volume and value of credit card transactions. Wither the government's justification for all these plain bullshit, scraping-the-bottom-of the-barrel-for money, desperado policies? You want money, go ahead and say it out loud. You need the money to waste on your hopelessly inefficient projects, to pay off your party warlords, to pay whomever has a hold on your scrawny little necks which i am sure lots of people do, judging by your lousy record and administration.
You need money cos it is never enough to pay off the trail of errors you are leaving behind with each mistake that you make. You need lots of money to stay in power. You're a bottomless greed pit for money which will never be enough for you to waste. Your shit don't stink but the money will cover the smell long enough for you to move elsewhere for your next dump. Good for our health indeed.

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