Tuesday 22 June 2021

BUDGET. Karma Chameleon

is a 2016 remake of Culture Club's 1983 hot seller, Karma Chameleon by You Tuber cXo. A facinating song with cXo holding his own singing ;

If I listen to your lies, would you say
I'm a man (a man) without conviction
I'm a man (a man) who doesn't know
How to sell (to sell) a contradiction
You come and go, you come and go

Karma, karma, karma, karma, karma chameleon
You come and go, you come and go
Loving would be easy if your colors were like my dreams
Red, gold, and green, red, gold, and green

According to Boy George, the lead singer of Culture Club,  `` The song is about the terrible fear of alienation
 that people have, the fear of standing up for one thing. It's about trying to suck up to everybody. Basically, if you aren't true, if you don't act like you feel, then you get Karma-justice, that's nature's way of paying you back." CLICK HERE TO READ

Media was a buzz on Muhyiddin planning to push through the 2022 budget before calling for a general election.

My personal view is if he gets the budget approved than, Din will just take it easy for another 12 months.  I am off the opinion one way to twist the arm of members of parliment from UMNO, DAP and PKR is to include fresh govt incentives such as Isinar 2.0, blanket bank monotoriums into the budget.
The budget  is a good four to five months away....

I won't be following the budget, as I am BANKING on  Zafrul, the research analyst turned Finance Minister opting for instant gratification with :

1)  Some RM60 billion allocation  on salaries and interest loan payment. In a nut shell,  public expenditure, will eat up to 75 per cent of the budget.
CLICK HERE TO READ .   And to think that Din was lamenting that some 20 per cent of 2021 budget was spend on the rakyat CLICK HERE TO READ

2. Less that 25 per cent of the budget will be utilised for development purposes.

3. There won't be an executional plan on addressing why only (based on 2020 figures) less that 2.8 million people were paying tax CLICK HERE TO READ.  The STAR called it appalling CLICK HERE TO READ and rightly it should be, when one considers, Malaysia’s tax-to-GDP ratio — at 11.5 per cent before the pandemic began — was about a third that of OECD countries average and declining .