Unintended Consequences and the NEP
This story shows how things do not often turn out as one hopes.
In the pursuit of some robbers, this woman placed herself and her young child in danger. The thief was captured in the end but just look at the consequences.
She caused damage in excess of RM50,000 and only one of the robbers was caught.
In order to retrieve her loss of RM1000, she caused so much damage that will eventually cause each one of us to bear part of the damage, as insurance companies need to cover the public liability loss. If you understand insurance, that damage is borne by all those purchase insurance.
In a way this accident is akin to the NEP policies that have been implemented over the past 35 years. The government is represented by the woman driver who is hell-bent on gaining that elusive 30% equity stake whatever the consequences and in the process endangered national harmony, represented by that young child.
The crash is related to the realisation that the 30% cannot be met as the escaped robber represents those who have benefited the most, the crony capitalists who are still out there demanding more hand-outs.
After the accident, that young child must have been really traumatised. Of course the entire population would pay for the damage caused by that woman driver.
So don’t you think we should remove this driver from the wheel before she causes more damage and destruction?
I think it was foolhardy of her to allow her photo to be published. That escaped robber could be desperate enough to seek revenge. Also the newspaper could have exercised a little more discretion in this respect even if she had agreed to her photo being published.
photo: http://cache.tias.com/stores/friedrich/pictures/rusb96a.jpg
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