Govt. making billions on fuel while the people suffer

(October 15, Colombo, Sri Lanka Guardian) Our Fuzzy Minister and the CPC head stooge remain adamant in their determination not to lower fuel prices. World prices have fallen by around 50 to 60 dollars per barrel since the last huge price increase on petrol and diesel, here. Adopting Bandula G’s upside down theories the two ignorant pundits claim that prices cannot be lowered in spite of the huge profits being made per litre of petrol, ‘because of losses incurred earlier.’

I remember reading somewhere that the Minister had admitted profits of Rs.1.6 billion per month. If this is so the Indian Company must be making profits on the same scale. So, shouldn’t they be taxed on these excess profits in some way? Or are they already paying a commission somewhere? Incidentally, how much is 10 percent of Rs.1.6 billion.

It seems obvious that the two stooges are acting on the orders of the Big Boss. It is also not difficult to visualise what is going to happen.

Our beloved President and Minister of Finance will in his budget speech twirl his Godrej mustache and announce, to carefully orchestrated sycophant cheers and claps, a meager price reduction for petrol and diesel, still leaving a profit of billions per month.

Similarly the gas companies must be laughing heartily on their way to the bank. They are able to promise a lowering of price by ‘over a hundred rupees in the near future.’ In the meantime, supported by our tubby ‘up side down’ minister, they stick to prices fixed when international prices were very much higher.

Their monthly profits must be running into billions. What incidentally is 10% of ‘billions?’

We are also going to see a mammoth increase in an already colossal allocation for defence to cover the cost of a seemingly endless war and the travelling expenses of the Foreign Minister and his brood. The allocation is projected to be over Rs.170 billion.

The bearded blusterer keeps announcing the daily capture of bunkers, drains, pits, ponds, lakes, abandoned hospitals etc. with loss of tens, dozens and scores of Tigers with the death of an occasional serviceman or two.

For the last five weeks or so the army has been two kilometers from Kilinochchi. Are we to await the grand announcement by our beloved Minister of Finance in the budget speech to loud applause by Company shareholders, that Kilinochchi has been captured?

The next move would be to completely annex the Jaffna peninsula. This advance would be sufficient to keep the company going till the next budget. In the mean time our daily woes and suffering continue.

Anu - Sri Lanka Guardian