Tuesday, May 31, 2011

Close to June already...GOLLY!

Hi Folks,

Yup back again to the world of blog....


Prices going up....Good Grief!

As expected the electricity tariff went up as announced by the Government. Of course not just that, but just almost everything from food items, clothings, etc.

Of course blame it on the instability of the world economy and blah blah blah. Well we've got to admit that the price of oil does have a correlation with the market price around the world. Price of tickets especially airline is increased.

This expected inflation is again a normal phenomena I mean it will happen and there is no reversing or two way about it.

Reality speaks that the price do go up over a certain period and that also include the price of Gold.

As an average Joe, one just have to be prudent in spending and be more economical savy.

Politically; Government and Opposition will have a field day with the pros and cons of it and again the average Joe just have to tolerate the bickering and focus on how to stay alive in this mad and friendly jungle!


RareEarth Issue

Pretty hot issue especially after the Fukushima reactor crisis. To make long story short; a company from Australia is investing in building the rare earth plant in Kuantan and of course strong opposition from fine citizens of Kuantan.

Well we've got to symphasize or emphathize with the Kuantan citizen for standing up and ask that the project be abolish completely.

Like they say, let us see both sides of the coin. Pros.....provide jobs and better economic investment for Kuantan (especially for state of Pahang)...and Cons.....environmental damage (possible radiation involve).

It is good to know that in order to ensure and assure that all views are listen and taking note of; the Government have have invited International experts especially from IAEA to do a complete study to see as to whether it will bring good or harm to the people.

We will just wait n see.....as usual...some say!


Cheerios!

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