Ilusi Benar
I’m too tired to write about being tired. So, I think I should share something I got in the email fwds. Enjoy! :D
The story about “subsidy”…
A man called Maha owns a farm which can produce 10 apples every day.
He has 5 workers to operate the farm.<p>
Each of them eats 1 apple daily and it is enough to keep them operating the farm normally.
The remaining 4 apples, the landlord sells them at RM10 each and he earns RM40.
He uses the RM25 to improve the farm operation and facilities.
He gives RM2.00 to each of his workers and he keeps the remaining RM5.00 as profit.</p><p>
Day by day, the farm is well developed and all of the 5 workers are happy with the money they can save. </p><p>
When Maha passed away and there is a new landlord, Abdul comes to continue the farm operation.</p><p>He says to the workers:” We need to improve the farm quality and redefine our way of thinking. From now on all of you only need to pay RM1.00 for each apple you eat. It is very cheap as the price is RM10 each outside the farm.”</p>
<p>The workers have no choice but to pay RM1.00 for the apple they eat daily.
Their earnings decrease from RM2.00 to RM1.00 per person.
As usual, Abdul sells the 4 apples and he gets RM40.
He uses RM25 for farm improvement and pays RM10 to his 5 workers.
He gets RM5.00 as profit. On top of that, he gets another RM5.00 from the apples that he sells to his workers.
In total, he gets RM10 as profit every day.</p><p>
Soon, the apple price increases to RM20 each.
The new landlord gets a higher profit as he gets RM80 for the 4 apples he sells daily.</p><p>
Then, he decides to give the farming improvement contract to one of his close friend, Samy.
Samy says:”Apple cost naik, improvement cost also misti naik.”</p><p>
So, the farm improvement cost increases from RM25 to RM50.
In actual, the improvement only cost RM30.
The remaining RM20, Abdul and Samy share evenly among themselves.</p><p>
Let’s calculate how much Abdul gets daily:
RM10 (from farm improvement cost)
RM20 (Net profit by selling 4 apples: [Gross profit, RM80] -
[Improvement cost, RM50] - [Wages RM10] = RM20)
RM5 (from selling apples to his workers)
In total, Abdul gets RM35 daily compared to RM10 initially when he takes over the farm from Maha.</p><p>
His profit increases RM25 and the workers are still getting RM1.00 daily
per person.
The greedy Abdul does not want to stop there.</p><p> One day, he says to his fellow workers:” You see ah, the current market price for one apple is RM20 and you are only paying RM1..
See how lucky you are! I have to SUBSIDY RM19.00 for each of the apple you buy and total I need to SUBSIDY RM95.00.
This will greatly burden the farm and we might get bankrupt if we continue like this.
In order to avoid bankruptcy, I need to increase the apple price that you buy from RM1.00 to RM1.50 and I will bare the remaining RM18.50 per apple as my subsidy to you all. “</p><p>
So, greedy Abdul adds RM2.50 to his current profit and the number becomes RM37.50.</p><p>
After you have read the story, I am sure you have already understood the meaning of “SUBSIDY” given by the BN government.<p>
The RM95 subsidy was never existed in the first place and so was the RM52 billion fuel subsidy generously “given” by the BN government.
Cutting fuel subsidy is actually just a reason to steal money from your pocket.</p><p>
Are you gonna stand there and let them rob you?</p>
Do debate.
Tuna Baits Are Tossed
- owllow replied:
Hey boo, long time no c.
in accounting term, the ‘current market price’ is called opportunity cost even though they didnt really take out the money, but it is taken into consideration when come to decision making, cos it’s the value we ‘would have earn’.
to me, if Abdul can used the extra profit earn to grow other income generating orange trees, pear trees n make the other 5 workers’ earnings increase as well, it would still be a good deal, if not, once the apple trees grow old n died, everybody starve to death, what’s your say?
but then, a few more ‘close friend deal’ is enough to spoil the whole farm.
June 24th, 2008 at 10:28:50. Permalink.
- PM replied:
Haih….i wonder why the gov does not spent the money from oil for renewable energy research and development or subsidize the usage in solar power. Country like Iceland have cutoff 80% dependence of oil by using geothermal energy. Our country, we are surrounded by sea water, we have hot weather and raining season too. I think with 40 Billion which they claimed to save from the subsidy cutoff, its much more worthy to find the possibilities rather than giving “subsidy” which i believe will end up where it come from.
June 24th, 2008 at 22:33:07. Permalink.
- naeboo replied:
owllow>> very interesting point. im very bad at accounting. so i guess u r right about that.
well, most ppl are close-minded and near-sighted. it’s the same everywhere. scared to take risks and greedy.
meh
PM>> tell them to those blockheads lar. since when it ever occured to them that petroleum is actually a non-renewable fuel?
June 25th, 2008 at 22:53:59. Permalink.
- Linda replied:
Alaaaaa.. Boo…. If it is true… then I wish he will suffer A LOTTTT cause he is stealing from the poor…
Money a lot also… like he can bring into his liang kubur. Ptuiii!!
At least buy us LV yang the latest tu kan? Heheheheheheh
June 26th, 2008 at 10:15:05. Permalink.
- naeboo replied:
dont want his dirty monies lar.
June 26th, 2008 at 19:43:03. Permalink.
- Ren replied:
LT : tsk tsk tsk
LV not much use…..
direct give us money will do…gonna july dy
duno how the thing will turn out..
lprice rise for this n tat zzzzJune 27th, 2008 at 17:42:43. Permalink.
- mr.bf replied:
June 27th, 2008 at 18:03:09. Permalink.
- zu replied:
Die. Gona need a robin hood now.
July 4th, 2008 at 08:50:06. Permalink.
- kucing robot jantan replied:
are you still alive?
July 6th, 2008 at 04:11:36. Permalink.
- naeboo replied:
not online will die meh
July 6th, 2008 at 15:43:26. Permalink.
