Forum: Sinking this low?

Tue, 10/07/2008 9:55 AM  |  Reader's Forum

Well, I'm not surprised at all. In countries like Bangladesh, Brazil, China, Egypt, Ethiopia, Indonesia, India, Mexico, Vietnam and many other countries where the population is dense and resources are limited, incidents like this happen. It happens in the United States, too.

Survival is the name of the game. This is how the world functions. It's what comes from the mistakes we and our predecessors have committed. What you sow is what you reap. That's the law of the universe. Be aware of it always before you act.

Your Indonesia is not dirt poor. Be proud of yourself for being one of the spokes of the wheel of Indonesia, ask yourself what you have done to improve the situation and stop blaming others. Change your vision and act from now on. Look at and do things with the awareness you are the provider for a better tomorrow. Ask yourself what you really want from life?
SIWA
Jakarta

Pertamina's investment -- Sept. 23, p. 14

With the budget deficit that Indonesia is running at and the need to cover fuel and power subsidies, why does Pertamina have a spare US$500 million lying around? Shouldn't that money go where it belongs? It should help provide for Indonesia's people. State-owned enterprises are supposed to pay dividends to the Indonesian government, not sit on huge amounts of cash to use as they see fit.

The oil company should best utilize the resources of Indonesia for the benefit of her people. We have children not being educated. We have people who cannot afford rice. That money belongs to the people of Indonesia, not Pertamina.

Let's improve education or let's start cleaning up the contaminated water. Who knows, maybe after 61 years Indonesia's wealth could, at least a small degree, help the people.
JACK EDWARDS
Jakarta

Global recession -- Oct. 6, p. 1

Well written article about what is happening on the events in the US dollar market and how they will effect RI. Saying this, you did not go far enough in the warning to your readers in RI about what is going to happen. If you think that the crisis is only going to effect RI in some small way think again. Your markets will be devastated over the next six months, equity is already harder to get even in Australia, imagine how hard it will be to get in RI in six months time when the companies wanting to borrow have credit problems and bad credit ratings, they will fold when credit becomes hard to get.

Anyways, my advice if you have cash now, is to put it under your bed and wait till it all blows over and you will have a golden future.
ROD
Sydney

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