Strategy Conflicts

I wonder how many billion per USD more that President Obama is willing to ask Congress to pass. From what I see now the US economy is not getting anywhere at all. Why would GM asked the Swedish government to bail out its subsidiary company SAAB? And why the Swedish government was reluctant to do so?

All governments must remember spending such a big sum of tax payers' money would be a pain in the ass if the expenses were treated as sinking funds. Using public money to renovate and refurbish the CEO's room, entertaining clients at Vegas or even using public money for bedroom leisure to me is unacceptable.

For every stimulus package announced the government tells its people to save during recession and yet the irony of it the government also asked the people to continue spending. I think the advice would be much wiser if it is done according to the spending power of the population.

For Malaysians whose household income more than RM7,000 per month there should be NO discouragement to them if they still want to go for a holiday at a five star resort because they can afford it. But for a clerk whose take home pay is RM1,000 then this is the group which must be advised to save and spend wisely.

Those with large credit card debts must be made to surrender their cards the moment it's overdue rather than made the accounts accumulated with heavy interests. Many people are living on credit cards now. There will be a time when their credit cards are not acceptable anymore and their unemployment benefits could barely put foods on their tables.

I am eager to know the 4th Quarter Malaysian GDP figure which will be announced at the end of the month..........