Thursday, February 09, 2012
Silver as investment V2
Barisan astray cover up the national debt both to break the 1 trillion truth! ! ! ] This is an emergency! ! ! Together we share out! ! ! The BN government the name of the mortgage program for low-income groups "noble" reasons, not the high debt data appears in the accounts, since the use of the EPF funds to cover their own debt problems! ! ! Publicity Officer of the Democratic Action Party, PAN Jian Wei, Vice-Chairman of the Justice Party Nuru Yisha Joint Declaration
Warning that the
above mortgage plan will become the causes of Malaysia facing financial crisis. The BN government is using the current economic crisis, the most controversial off-balance sheet financing "
Way (off-balance sheet financing), this way of dealing with financial Once the outbreak of the financialCrisis out of control! ! ! This must be the country towards the Greek bankruptcyDust. Under normal circumstances, any benefit program is the federal government through the annual tax Note
Owned expand, assuming that tax revenue is insufficient, the federal government can issue bonds to fill the redWord gap.
Under normal circumstances, the provident fund can buy bonds issued by the federal government,
that is, in fact lend money to the federal government. The Government is unwilling to direct lending to the Central Provident Fund Board, but will direct loans to low-cost housing to buy
House those who shift the responsibility to the Central Provident Fund Board, because the government does not want to be debt-ridden in itsCoupled with a considerable number of figures, and criticism. Federal government debt as of year-end 2011 reached 456 billion ringgit, with
Five years ago, 242 billion ringgit in 2006 compared to an increase of88.4%! In fact, as of the end of 2010, the majority of government liabilities such as government
Guarantee loans, but does not directly included in the amount of federal government debt has reachedTo 96.9 billion ringgit, compared to 84.3 billion ringgit in 2009, a drasticAn increase of 14.9%. In the case of bonds, the Ministry of Finance to issue government-guaranteed way to debt
Service to deceive the public, the Central Provident Fund Board are required to direct borrowing of RM1.5 billion to theUnable to obtain commercial bank mortgage, these loans will get the government "to ensure. "So down to 1.5 billion ringgit will not be included in the list of federal government debt. assume that some government-guaranteed loan defaults, the federal government must be directly
Those responsible for the debt, and will lead to financial crisis in Malaysia! ! ! Evidence of related news:http://dapmalaysia.org/cn/
index.php/2012/02/06 /bul2844 /
National Front in order to continue to be the people as the savior of the poor, and now it has come up with QTitle clusters of new programs to the provident fund money to cover up the current level of debt! ! ! In fact, set out in the accounts of government bonds (federal debt) in 2011
Years has broken the 400 billion ringgit; state governments owed the federal tens of billionsRinggit. Combined total amount, nearly $ 50 billion ringgit. These bonds, in the past from 1991 to the present, never increase too. From
90 billion in 1997, soared to 437.2 billion in this year's tip of. If theCentral government debt annual growth rate of 50 billion ringgit, is expected to 2020 years, our government's debt will exceed 1 trillion mark, when national bankruptcy, The situation is worrying. National Front ruling for half a century gave you the gift, you and your descendants average, each
The taxpayer is responsible for 59 million ringgit. No longer have to fist (votes) to break the hegemony of the National Front, in another 54 years, our children and grandchildren are also carrying a debt, to help the national debt
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