Blog: GLCs from La La Land

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3 comment(s). Last comment by chinaman 2019-05-15 09:17

chinaman

3,302 posts

Posted by chinaman > 2019-05-14 11:41 | Report Abuse

MY GLC is very similar to China state-owned enterprise which is one of the point of contention in US-Sino trade war. Till now, bail out of GLC like Felda-myr7Billion, Tabung Haji-MYR17Billion, at the expense of poor tax payees. Then, GST, bull shit tax to cover all bail out. Time is ripe to completely wipe out all these GLC, let private competition flourish. Then, Bursa sure will be under foreign investors radar again. wakaka

speakup

27,061 posts

Posted by speakup > 2019-05-15 09:10 | Report Abuse

i didn't vote for PH to squander the tax-money i paid them to bailout Tabung Haji & Felda!
this is a misuse of tax-payer money! FARK!

chinaman

3,302 posts

Posted by chinaman > 2019-05-15 09:17 | Report Abuse

Pak Lah, a sincere gentleman PM who start with big bang to reform, eventually bow down to Malay pressure. Looks like Pakatun will face same fate as sincerity not able to turn into reality. They scared of Malay backlash...No wonder foreign fleece seeing nothing done after 1 year in power. But, little that whole nation will sinking if No reform. Vietnam, Thailand sure will bypass us soonest with regressing Ketuanan Melayu culture.

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