tag:blogger.com,1999:blog-8498120352601868144.post1439934030936133980..comments2024-03-18T20:38:51.670+11:00Comments on steadyaku47: Ringgit sukuk sales head for record as Gulf taps marketUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8498120352601868144.post-69522781552795638852011-08-21T11:47:50.797+10:002011-08-21T11:47:50.797+10:00We seem to be following the footsteps of USA in sp...We seem to be following the footsteps of USA in spending now, pay later. US has already committed seven generations into the future and we all know what happens to that kind of ideology. <br /><br />Norway is a better role model to follow, well known for its commitment to look after the welfare of their future generations. Their oil revenues went into pension and other funds which are well invested instead of squandered by our leaders. They value human capital and invest heavily in training of future managers and leaders in their corporate and other sectors.<br /><br />BN has committed our next generation into debts accumulated through their mega projects which helps in their political campaigns as well as personal gains. They took the easy way in administration, looking for short-term personal and political gains. Those who are responsible will not be around to face the consequences. Lynas project is going to be one which will bear the harmful health consequences of the people in the future because the leaders refuse to learn from the unfortunate but timely (to our leaders at time of decision making) mistake of Fukushima. Right in our face, yet we refuse to take note, blinded by the billions expected in future.<br /><br />At the rate we are going, when our oil reserves are depleted, even our EPF will be at risk. Felda, a cash cow with much landed property has to borrow from EPF. Does it make sense? Political leaders should not be involved in business and its decision-making.KoSong Cafehttps://www.blogger.com/profile/09257859564265735807noreply@blogger.com