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Friday, 9 October 2026

The charlatan -esque bailing out of AA..part 2

1. This is part 2of the article the charlatan -esque bailing out of AA 


2. Just who were the 'punahsihat' and the half past 6 economists who sold the idea of bailing out AIR ASIA to the rendra reading PM? 

3. The biggest and most dangerous advisors are those who sell the idea of a boondoggle project to a nimblewit PM, making themselves as indispensable advisors 

4. I regard taking out taxpayers money and giving it to AA as boondoggle 

5. Waste of resources and money 

6. And I won't discount the POSSIBILITY that these advisors are paid off by AA. Either in the form of money or dating nubile cabin crews 

7. The are part of the deep state I talked about 

8. A shadowy group of important government officials colluding with business people to secure benefits 

9. And they make themselves indispensable to the sitor sitomarang and rendra reading PM. 

10. Meanwhile the PM plays nimblewit 

11. Knows a little economics and management, he thinks he knows all and wants to a white knight to AA 

12. He learns about the term ceteris paribus, he thinks he's a Samuelson or a Friedman 

13. He reads a little about management, he thinks he's a Michael Porter. More like Harry Potter to me 

14. He will come up with all the gobbledygook and hollow arguments as to why AA must be bailed out 

15. Hello bro, our economy operates on 2 principles . 

16. The 2 principles are profit and loss 

17. Profits are necessary to finance the economy 

18. Losses are equally important. It's that principle that eliminates and weeds out badly and inefficiently managed business. 

19. Seen from this angle, prima facie, the management at AA fucked up and the quality of managers in general, mediocre. 

20. These 2 factors most probably explained why AA accumulated losses like airport charges, withholding taxes and so on 

21. But the punahsihat' at mof, the perverted Keynesians, 'story' Anwar Samuelson, Anwar Friedman and Anwar Porter, these are just opex items 

22. Which can be reduced by volume -copious amounts of sperm and love juices 

23. The point remains, we shouldn't take out taxpayers money and gift it to AA 

24. That's bad economics and unconscionable!

To be continued....

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