tag:blogger.com,1999:blog-600802170849928872.post5033510639678686919..comments2023-10-29T15:18:25.355+08:00Comments on de minimis: A toll on BN strategyde minimishttp://www.blogger.com/profile/06478671079348612565noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-600802170849928872.post-60946501757615124502009-01-08T15:34:00.000+08:002009-01-08T15:34:00.000+08:00Sir, You've got mail...Sir, <BR/><BR/>You've got mail...Elvizahttps://www.blogger.com/profile/02414612202186932439noreply@blogger.comtag:blogger.com,1999:blog-600802170849928872.post-63082599631148424292009-01-08T00:39:00.000+08:002009-01-08T00:39:00.000+08:00Privatizing the toll would help the Government rak...Privatizing the toll would help the Government rake in monies as well as helping to ease the people's burden. However, they already have income via PLUS, NKVE as well as some other toll connecting different state. Why do they want to collect TOLL from inter-city? <BR/><BR/>With the current economic situation, how can they simply suggest to get it privatize? <BR/><BR/>Moreover, the highways were build on OLD ROAD! they did not construct it on a new area! As like they are recycling the ROAD! This is totally unacceptable! With the BNs that are never considerate when they sign the contract, it is TOTALLY their FAULT for not considering it on behalf of Malaysian. <BR/><BR/>how about the traffic jams that affect the residential areas? FYI, LDP and some highways were built next to the residential area! <BR/><BR/>Their inconsideration had caused tons of trouble to the people living in Selangor and KL!Jarodhttps://www.blogger.com/profile/01132529522326469507noreply@blogger.comtag:blogger.com,1999:blog-600802170849928872.post-46924009307158607172009-01-08T00:38:00.000+08:002009-01-08T00:38:00.000+08:00"I, too, wondered where the DAP planned to find th..."I, too, wondered where the DAP planned to find the money to do this"<BR/><BR/>This should be the least of your worries. Here a few ways:<BR/>Perhaps, by stopping all the ridiculously cronied projects "satu lagi barisan nasional"? When the projects ACTUALLY have some national value added, by tendering them out?<BR/>Or by renegotiating the IPPs which are sucking Petronas dry?<BR/>Or tendering APs for cars and foreign workers instead of giving them for free to friends?<BR/>This country is so rich (once you remove the BN parasites). Do not forget that anyway these tolls have been (a) mostly subsidised (b) guaranteed by the federal government.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-600802170849928872.post-87032576407249454192009-01-07T12:17:00.000+08:002009-01-07T12:17:00.000+08:00I think it's not that difficult to nationalise tol...I think it's not that difficult to nationalise toll roads if there is political will.<BR/><BR/>Get these investment bankers who have been paid fat fees for no brainer deals like Sime Darby [Sime Darby, Golden Hope, Kumpulan Guthrie]. It's about time they're called to do jobs of national interest.<BR/><BR/>The problem is that the data of toll roads are not readily available and scattered everywhere. Toll concession agreement is only aspect. The other important thing is the equity structure of concessionaires and also concessionaires financial obligation.<BR/><BR/>For eg. PLUS which is the biggest concessionaire. The combined equity of Khazanah and EPF is about 60%. So if between them they give a GO, it would only cost them about RM2-3billion maybe much less[ need to check their latest annual report]<BR/><BR/>But I fully agree with you that they have lost the plot but releasing the toll agreement is a step in the right direction. Perhaps, they need more brains like yourself, walla, sak, satD to analyse for them to come up with a solution, foc. Mana boleh!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-600802170849928872.post-39879126178853404502009-01-07T12:15:00.000+08:002009-01-07T12:15:00.000+08:00I would prefer the nationalising of all the toll r...I would prefer the nationalising of all the toll roads - but I, too, wondered where the DAP planned to find the money to do this. Going back to corporations to help finance it, wouldn't that be almost like going back to square one?<BR/><BR/>About the toll agreements: I am amazed that the MCA can only now find out about it. Does this say that only <I>certain</I> eyes were privy to this when it was signed? How can this be right? Am I incorrect in assuming that the esteemed Cabinet oversees stuff like this, plus even down to an increase in toll?<BR/><BR/>So is the MCA, in effect, telling us that they just sat dumb and nodded?<BR/><BR/>And the MIC? I won't go there lah, I've enough grey hair, as it is.<BR/><BR/>And <I>now</I> the s*** hits the fan. It's at the worst of times, no?Pathttps://www.blogger.com/profile/10795820209657289652noreply@blogger.comtag:blogger.com,1999:blog-600802170849928872.post-14956171918306194282009-01-07T11:12:00.000+08:002009-01-07T11:12:00.000+08:00Bro AntaresGood of you to leave a note. I think yo...Bro Antares<BR/><BR/>Good of you to leave a note. I think your juxtapositioning of the businessman with the artist is very insightful. They are indeed opposites in outlook and conduct. That's a new angle that I will ponder over.de minimishttps://www.blogger.com/profile/06478671079348612565noreply@blogger.comtag:blogger.com,1999:blog-600802170849928872.post-79250893709583394012009-01-07T10:39:00.001+08:002009-01-07T10:39:00.001+08:00Thanks for this juicy post on Samy D'Value's Highw...Thanks for this juicy post on Samy D'Value's Highway Robbery scam conducted on behalf of Daim's Kelab Instant Billionaire. Millions of skeletons buried under the asphalt, especially during Mahathir's watch. I presented a paper on "the inner technology of Art" many years ago where I pointed out that the difference between an Artist and a Businessman consisted in the fact the the former makes public (exhibits) what is private (feelings) while the latter does the complete opposite.Starmandalahttps://www.blogger.com/profile/03349987009726416189noreply@blogger.comtag:blogger.com,1999:blog-600802170849928872.post-57550117201807765322009-01-07T10:39:00.000+08:002009-01-07T10:39:00.000+08:00Bro Mat BI agree with your views. It would appear ...Bro Mat B<BR/><BR/>I agree with your views. It would appear that there are many more dimensions to your considerable mind. I look forward to receiving more views from you, if you are in the mood to share your views, that is :Dde minimishttps://www.blogger.com/profile/06478671079348612565noreply@blogger.comtag:blogger.com,1999:blog-600802170849928872.post-10651614708844478682009-01-07T10:28:00.000+08:002009-01-07T10:28:00.000+08:00The Keynesian in me applauds the notion of nationa...The Keynesian in me applauds the notion of nationalising toll roads. What could be more fundamental? Roads, after all, are a national resource and are strategically important to any economy.<BR/><BR/>But as you rightfully pointed out, embarking on this strategy will adversely impact the budget for any stimulus packages that the Govt has in the pipeline.<BR/><BR/>Furthermore, in light of the very obvious Neo-liberalist attitude of capital markets (no doubt heavily influenced by the IMFs intransigent adherence to the Chicago School ideology), getting support for the idea of soveriegn bonds, given the current capital climate, may be a challenge.<BR/><BR/>Perhaps a Big Bag (nationalisation-in-one-fell-swoop) approach is out of the question. A more likely scenario could perhaps be a piecemeal approach to nationalising these resources.<BR/><BR/>Big Bang or Piecemeal, these resources must, one day, come under the control of the Government. Lets,stop playing at Neo-liberal silly-buggers.Anonymousnoreply@blogger.com