The current proposal to grant Bahraini Citizen (with incomes less than BD1,500) a monthly assistance (aid) of BD50 to cope with rising inflation & hike in the price of goods, is still being tossed around in the Parliament pending final approval. I think it is being limited to only one year.
By my simple calculations, only 66,666 Bahrain individuals will be eligable each month. What about the other 944,444 or so that are excluded?
Do the MPs believe this aid is going to resolve the crisis, curb it in any way, or dampen the effect on our pockets?
Prices will continue to rise, good will continue to get even more expensive, and the freaking cost of living will be more unbearable.
Yet Dumb Ass proposals are being made by our ""highly educated"" MPs, who are convinced this quick fix is exactly what the doctor ordered.
There's a saying that goes something like this "Feed a man for a day & you will have to feed him tomorrow as well. But, teach a man to GROW his own food & you will have fed him for LIFE".
Why is this simple concept not easy for our MPs to understand.
The proposal will provide an additional source of income for some famalies, the benefits of which has already being nullified by rising rent prices & increasing cost of goods, which will then dry out by the end of 2008..!!!!
Rent continues to sky rocket, Food is becoming more expenseive, I SUSPECT THAT FUEL PRICES WILL INCREASE AS WELL..........WHY THE HELL NOT??..
There's more, land prices are phenominal, construction material has sky rocketed, the purchasing power of our currency has decreased drastically because of the PEGGING to the dollar....
I suspect alot of the price increases are due to GREEEEEEEEDD, not increasing supplier costs or transportation expenses....
All the MPS are recommending is a fix that is short term, i guess maybe up to the end of their Term in office......!!!!!!!
I don't profess to know the solution to all our problems, but maybe MPs should consider a Rent freeze, maybe a pre-approval by Government agencies before Suppliers of Consumer Goods, Services & Raw matterial increased prices (to ensure no price fixing and increases are justified). The immediate ban of the sale of Land to foreigners (inclusing other GCC nationals), allowing them to only purchase into the special residential schemes being offered. A matirx for Residental Flat specifications and the legal rent prices applicable basee on the location to be published by the government and adhered to by Land lords. Any one of the above suggestons, in my mind, would be better than offering the BD50 bribe to citizenzzzzzzzzzzz............