IS BN FEARFUL OF LOSING THE 13TH GE?

The public is questioning why the BN Government is doing what it is doing in the face of the 13th General Election; which has been deferred to probably mid-year.

The country has been spending like nobody's business despite that she has been in deficit for the past 12 years.  Where does she get the billions of Ringgit to fund all the pay-outs.  Obviously not from her pocket.  It is from the workers' savings in EPF.  Thus far more than 60% of the savings had been borrowed by the BN Government and there is no sign nor evidence that she is paying back what is due to the 10 millions workers.  Most susrprisingly, the unions are keeping so silent on this.

The BN Government has just announced that she is taking out another RM1.5 Bn from EPF to loan to those who cannot obtain loans from the banks.  Does this not liken to the sub-prime scheme of the United States a few years ago, which contributed in no small measures to the financial disaster and collapse of many a bank there?

The wanton spending is just crazy if not unthinkable.  This does not inlcude for the hefty USD350 Bn or RM1,050 Bn cash that was illegally siphoned out of the country; despite this, Bank Negara lips had been sealed.  MACC have not been able to catch up with and prosecute all these corrupt BN leaders  who did great harm to the country's economy.

The recent NFC saga was just a tip of the iceberg.  God only knows how much more such proverbial NFCs had gone into the private pockets of the UMNO cronies.

The question that arises now is, "Is BN fearful of losing the 13th GE?" 

What BN is doing in recent time in my observation tends to suggest that she is fearful of losing its controlling power to the PR.  No wonder she is doing what it takes to ensure a victory in the coming general election through these various unpredecented give-aways in order to stay in power. What she is doing does not make any sense in nation building.  And, the imbeciles in UMNO realise it?  But, they cannot be bothered so long as they win in the coming election even at the expense of the country's economy.

Are the leaders afraid that the PR Government would initiate actions to intensify its effort to investigate into and prosecture those corrupt leaders who have amassed millions of illicit money through abuse of power and corruption.  Perhaps, this underlying fear motivates the UMNO leaders to do what they are doing.

The masses do not realise the gravity of our economy.  Whatever GDP growth over the past decades had been wiped out by the excessive billions that were illicitly taken out and parked in foreign banks.  No wonder our country is not progressing as fast as our neighbouring Singapore which is not endowed with natural resources like petroleum, rubber, palm oil and land.  During the last three decades, the SGD has appreciated more than 200% against the RM.  This phenomenon is baffling and mind-boggling to all economists.

My singular advice to the UMNO putras is this - you have to stop whatever evil, harmful and untoward practices right now to protect the interest of the country and her people.  You must come clean at the next election; otherwise, the rakyat  will vote against you, come what may.

The UMNO putras must realise that the country cannot afford a Malaysia Spring.  You may cheat all  people some of the time; some people all the time; but certainly not all the people all the time.