To all politicians and ministers.....

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Thursday, July 31, 2008

Fuel price coming down...is it true or another hearsay???

There is this rumour just starting to circulate around town today. It's been said that the per-barrel world oil price is coming down hence lower retail fuel here in Malaysia...now lets take a moment here and ponder about it...then to laugh at such a thought...HAHAHA!!!

Dearest Rakyat, open your eyes, think and shut your ears to all those senseless crap!!! After all that's been going on in our country I can't believe there are still some Rakyat waiting and hoping for such a thing. The only time the fuel price is gonna drop and make a difference in our lives is when an alternative power source that is in abundance, consistent and safe is found.

Malaysia now under DSAAB has become not a country but an enterprise for him and his selected posse to satisfy their greed and lust for financial and material wealth. Lets think of the fuel price now in an enterprise point of view, we have shown our dissatisfactions towards the hike but what to do, no matter what we still need to pump petrol as we need our ride to scavenge for bread to put on our family's dinner table.

Thing is, the government knows this fact too. At RM2.69 per-litre (for petrol) actually there is still some subsidy given by the government (God bless their soul...BLUEKK!!!). If at zero subsidy the price per-litre should hit around RM3.50 plus minus and if it's true that the world fuel price is coming down, why should the government lower the present retail price as their initial aim is zero subsidy. Isn't that the norm you say that since world price is down then Malaysia's fuel should go down too. Well actually 'YES' but what is the norm in Malaysia nowadays??? Hell, we're got a DPM and an ex-DPM that loves anal, you tell me la apa itu NORM!!!

In order for our present retail fuel price to drop with consideration of our government policy of zero fuel subsidy that means the world oil price gonna have to drop to well below USD100 per-barrel for us to experience any significant change. Now, is that going to happen or even if it is, anytime soon??? So till that God given day comes, the world oil price may trickle down a bit but there will still be no cause for our government to lower the existing price. Even more better for DSAAB and posse as now they have even more available funds that has been relieved to channel to some other dodgy projects (for example, next year's Moonsoon Cup or maybe buy back M.V. Augusta for another few milion EURO than sell it again for EURO 1).

Then with all that huha about the fuel price coming down it leads to the rumour of the bank interest rate coming down. OMGawd guys, bank interest is going up is the government counter measure to curb the rising inflation rate of Malaysia and its got nothing to do with the oil price. Simplly put, inflation is caused by too much money, high demand for goods and services against the lack of supply which in turn raises the price of goods and services. So regardless of the increase or decrease in oil prices, until inflation can be brought down to a healthy level, interest rates will continue to escalate. Need more indepth explanation then please read article below ;

Malaysia raises rates to suppress inflation
Economic growth holds steady at 5.2%
By Stephanie Phang
Published: WEDNESDAY, FEBRUARY 22, 2006

KUALA LUMPUR: Malaysia raised its benchmark interest rate a second time in three months on Wednesday to quell inflation, after economic growth in the fourth quarter held near the level achieved in the previous three months.

Bank Negara Malaysia raised its overnight policy rate to 3.25 percent from 3 percent.
The rate increase was the second since November, when the central bank raised borrowing costs for the first time since the 1997-8 financial crisis.

It signals that the central bank governor, Zeti Akhtar Aziz, is focusing on curbing inflation amid steady economic growth, as concern eases that higher interest rates will hurt spending.
The Malaysian economy grew 5.2 percent in the fourth quarter, the central bank said in a separate statement. The economy expanded 5.3 percent last year, compared with a 7.1 percent increase in 2004.

The central bank wants "to keep inflation at bay," said Lee Heng Guie, an economist at CIMB Securities in Kuala Lumpur, who had expected the policy rate to rise by a quarter-point to 3.25 percent this month.
"Inflation risk remains an ongoing concern, with potential increases in administered prices such as power tariff and petrol prices," and "there is still pressure on the widening yield gap with the U.S.," Lee said.


Malaysia's inflation rate was 3.2 percent in January, the Statistics Department said in a separate report.

The January rate was calculated using 2005 as the base year for the first time. Revised historical data was not available.

Consumer prices rose 0.3 percent in January from December.

The inflation rate in December, calculated using 2000 as the base year, was 3.5 percent, holding near the highest rate in more than six years for a second straight month.
The inflation rate more than doubled to 3 percent in 2005, the highest since 1998, from 1.4 percent the previous year, as the government raised retail fuel prices and taxes on tobacco and alcohol to reduce the budget deficit.


Malaysia's three-month interbank rate of 3.28 percent is 1.5 percentage points lower than the comparable rate in the United States, according to Bloomberg data.

The gap widened from 1.16 points on Sept. 30, spurring capital outflow that contributed to a 12 percent drop in Malaysia's foreign exchange reserves to $70.5 billion in the fourth quarter.
In the United States, the Federal Reserve has raised its benchmark interest rate 14 times since June 2004 to control inflation. Until November, Bank Negara's overnight policy rate had been unchanged at 2.7 percent since it was introduced in April 2004 as a benchmark by which the country's banks set lending rates.


"The recent comments by" the chairman of the Federal Reserve, Ben Bernanke, "seem to suggest that further U.S. rate hikes are on the cards," saidLee at CIMB, who expects Malaysia to raise rates by as much as 100 basis points this year.

"However, the pace of Malaysia's monetary tightening could be slower than expected if the U.S. interest rate cycle reverses and if the ringgit strengthens by 3 to 5 percent."
The ringgit may rise 3.3 percent against the dollar by the end of the year as Malaysia's central bank increases interest rates to curb inflation, Standard Chartered Bank and ABN AMRO said this month.


The ringgit has risen more than 2 percent since a seven-year peg to the dollar was scrapped on July 21, according to Bloomberg data. The dollar rose 0.04 percent to 3.7195 ringgit on Wednesday.

Faster economic growth means the central bank will not have to keep rates at the current low levels to spur domestic spending.The inflation outlook will be the "main determining factor" for the central bank's interest rate policy, while monetary policy this year "will be supportive of growth" because "our interest rates are still at low levels," Governor Zeti said on Feb. 17. - International Herald Times

So if attention was put to this passage of words 'government raises retail fuel prices and taxes on tobacco and alcohol to reduce the budget deficit', you'd probably notice that its the attempt to reduce the nation's budget deficit that prompts the fuel hike caused by the fuel subsidies.

I don't know if I'm right but I do believe I am some where along that line of understanding that:-
Fuel subsidy + dodgy projects = Budget deficit
Budget deficit + inflation = Increase in interest rates

So where did people get the idea that lower world oil per-barrel price = Lower per-litre retail fuel price and lower inflation rate hence lower bank interest rates......

Wednesday, July 30, 2008

DYMM leads by example!!!

The Sultan of Terengganu’s decision not to bestow royal honors on the occasion of his birthday is worthy of praise. I also applaud his celebrating it in a low-key manner. With the nation facing trying economic times, this message of prudence needs to be conveyed from the highest levels of our leadership. Further, the Sultan’s gesture while seemingly symbolic portends far more significant changes.

I am surprised that this is not more recognized and lauded by our intellectuals and pundits. Perhaps they too are eagerly waiting for their own little title and accompanying tinplate.

The Sultan in his capacity as King is also imparting his important message to the Prime Minister. Abdullah, his humble beginnings in the village and his very public displays of piety notwithstanding, has shown a detestable fondness for things luxurious since becoming Prime Minister. Witness his RM 250 million corporate jet! Prudent spending is not his strength.

For a culture that does not normally recognize birthdays, Malaysians have taken up this Western cultural artifact with gusto. This is especially so with the royalty. The investiture ceremonies associated with such birthdays would stretch for days, with the Prime Minister and other top officials having to be in attendance at all times, thus distracting them from their regular work. Not that they are any good or effective when they are in their offices!

Apart from the King, Malaysia has nine sultans as well as four sultan wannabes in the person of state governors. With 14 head-of-state birthdays to celebrate and heaps of honorifics to bestow, there is a glut of these titles.

It is not so much that I detest these ostentatious celebrations rather that I resent the wasting of precious taxpayers’ money. I could not care less if those sultans and governors were to throw private parties at their own expense.

We can tell much about a culture by whom it honors. Consider the Presidential Medal of Freedom, America’s highest civilian honor. Its recent honorees include not only prominent statesmen and distinguished scientists but also such varied talents as the Black neurosurgeon Ben Carson, singer Aretha Franklin, boxer Muhammad Ali, and banker Alan Greenspan.

For contrast, examine the recipients of Malaysia’s highest royal honor, the “Tun.” Perusing the list for the past decade or two, all the recipients were either retired civil servants or “has been” politicians. Some awards seem automatic, as for example, for the sitting Chief Justice. They all would get one, even those who would later bring disgrace to their office. I am astounded to discover that there are more than just a few of those renegade characters so honored!

The message is clear. To the mindset of our leaders, the only way to serve the nation is through the government, or at least by belonging to the right political party. Such a myopic view of the world!

One is readily inspired when reading the citations of those honored with the Medal of Freedom. Unlike the Medal of Freedom, there is no citation to go with awarding the Tun. One has to guess their achievements. “Googling” their names would be an equally fruitless exercise.

Musa Hitam and Lim Keng Yeik are recent recipients of the Tun. Yet what are their contributions to the nation? Yes they were former cabinet ministers, but what exactly did they achieve? As for former Chief Justice Ahmad Feiruz, another recent honoree, what were his landmark decisions? The nation should honor their contributions, not their positions.

I can recollect only a few honorees whose contributions were truly significant and thus deserve honoring. Our first Chief Justice, Tun Suffian Hashim was one, as well as the first Governor of Bank Negara Tun Ismail Ali. Both rightly belong in the same league as the late Tun Razak.

I once suggested to a graduate student looking for a topic for her dissertation to go over the list of our royal honorees to discern the pattern. Who do we honor as Tan Sri and Datuk? This would have been a doable project a decade ago. Alas today, with the avalanche of names, you would need superior computer and statistical skills to do a credible analysis.

It reflects the degradation of our culture that there is now a widely acknowledged “under the table” price for these titles. Consequently, today you are as likely to find such honorees on the criminal roster as on the palace invitation list.

Sultan Mirzan may be our youngest King but he has already shown his innovative streak early and quietly. Soon after his installation he directed that all palace functions must end early so as not to interfere with the following working day. How sensible! That royal mandate must have been a severe shock to those ministers and senior civil servants who would find any excuse not to be punctual at their offices.

During the massive Bersih rally in 2007, the King demonstrated his political subtlety and acumen by being conveniently out of the palace and yet opening its gate to the rally organizers. That was a direct public slap to Abdullah who had earlier declared “saya pantang di cabar!” (Do not challenge me!)

On a more substantive level, following the recent March election, Sultan Mirzan as the Sultan of Trengganu taught Prime Minister Abdullah a much needed lesson on the real meaning of royal “advice and consent” on appointing the state’s Chief Minister. As Abdullah was (still is) a slow learner, Sultan Mirzan had to deliver his message in no uncertain terms. It took some time and much public humiliation, but Abdullah did finally learn his lesson.

Sultan Mirzan through his actions and Raja Nazrin with his speeches represent the new generation of royals who are more attuned to the nuances of the delicate checks and balances provided for in our constitution. Such a function, which has been severely lacking, is necessary for an effective government. These royals are not at all shy in exercising their long-neglected oversight role.

The framers of our constitution in their wisdom had provided for, in addition to a bicameral Parliament, another entity, the King and his Council of Rulers, which in effect is the Third House of Parliament. While it cannot initiate legislations nonetheless it has the power to review laws passed by Parliament. At least that was the situation until Mahathir amended the constitution.
Additionally, the consent of this Third Parliament is needed in making senior appointments. In matters pertaining to Islam, this Council rules supreme. This fact was brought to the fore during the recent imbroglio over the transfer of senior religious officials in Perak.

I hope these tentative ventures towards a more activist role for the King and his Council of Rulers would expand, with the King taking his “advice and consent” role more positively a la the United States Senate. While I do not expect open hearings I do hope the Council would carefully vet in private candidates for senior appointments and not merely rubberstamp the nominees of the Prime Minister.

This would restrain the current unchecked powers of the executive and correct the current imbalance that has tilted for so long towards it. At least that is one side benefit albeit unintended to Abdullah’s weak leadership. It allows the King and his brother rulers to re-exert their constitutional power. That can only be good for the nation.

Sultan Mirzan’s cancellation of the royal investiture on the occasion of his birthday should be viewed in this light. I hope he would venture beyond and usher our Third House of Parliament to its original proper oversight role. If he were to do that, then he and his fellow sultans would have justified the high cost of maintaining them, quite apart from earning the gratitude of their subjects. Besides, that is a far more crucial role than passing out fancy sashes and tin plates on their birthdays. - Lim Kit Siang


I'm happy to know at least we've good a sensible dignitary among the parliament full of posers. Sultan Mirzan may be our youngest King in history but his actions and Raja Nazrin, through his speeches shows much more maturity and wisdom than most of our crap bickering, crinkled skinned grey haired (if they're lucky not to be bald) ministers. As they say and as we jolly well know already, action speaks louder than words. Proven by our ministers today that they can talk the talk but sure as hell can't walk the walk.

A RM250 million corporate jet!!! And DSAAB hikes up the price of fuel cause he says the subsidy is taxing on Malaysia. I know what is taxing on Malaysia, DSAAB with his brainless head, greedy bottomless pit fat tummy and crap filled arse, sitting on the PM's post is what's taxing to our beloved country!!! Then he makes a fuss about 14 newly purchased Mercedes E200 Kompressor costing RM3.43 million by the Terengganu state Exco. Does DSAAB know numbers cause if I'm not mistaken I'd say the transport to carry his sorry lazy ass around the world cost much more. I'm not implying that the action by the Terengganu Exco is justified cause it is not. Directive was issued that only Proton Perdanas may be used and it should be followed.

That brings us to another issue, the RM4.6 billion Port Klang Free Zone bailout scandal, RM500 million Monsoon Cup scandal or the RM250 million Islamic Civilisation Park scandal and not forgetting the dodgy sale of M.V. Augusta for a whooping 1 EURO after acquiring it for a mere 136 million EURO!!! Right on cue comes the ACA but where do they go sniff...Terengganu!! What a blood hound they are, their noses so sharp and sensitive that they smelled the smallest shit only. Or maybe they just can't tell which is the larger amount between billion and million, between 3.43 to 250, 500, between RM and EURO...its just so sad...

UMNO-PAS talks - Repudiation of transformational message of March 8 "Political Tsunami"

In the United States, Senator Barack Obama’s nomination as the Democratic Presidential nominees heralds a new milestone in American nation-building and race relations but in Malaysia, the UMNO proposal for Umno-PAS talks marks a regression in Malaysian nation-building and the Vision 2020 objective of a Bangsa Malaysia.

The latter repudiates March 8 “political tsunami” where for the first time in half-a-century of nationhood, Malaysians transcended race, religion and political affiliation to vote for change to give primacy and priority to justice, freedom, solidarity, integrity and progress.
The March 8 “political tsunami” marks a bold and visionary stride forward by Malaysians to rise above their communal selves to reach out to a common national identity.

It is a great tragedy if the transformational message of March 8 to stride forward to a new politics of justice, freedom, solidarity, integrity and progress is nullified by a throwback to the old, narrow and divisive politics of race, religion and class. - Lim Kit Siang


I’m all for the Bangsa Malaysia objective. We are a unique country of many race and religion but aren’t we are all Malaysians may we be Chinese, Indians, Bumiputeras, Muslim or Malay if they like. We, the Rakyat is who that makes Malaysia, Malaysia and I sure hope that those extremist politicians will not forget that. We are the ones that voted them there (albeit with regret now) and are paying for their obscenely high salary thru our taxes so we are also the ones that can still take it away from them.

As the issue of race and religion is very sensitive, I do hope that the ministers and politicians will be more careful in their dealings. We do not want any discrimination issue to arise as that will have very serious repercussions. To the 2 parties involved, please be a little smarter. Ignorance is not an acceptable excuse for being stupid.

Remember this equation :-
Chinese + Muslims + Indians + Bumiputeras = Rakyat = MALAYSIA

Saturday, July 26, 2008

Rakyat when DSAAB steps down in Jun 2010


This would probably be how we're gonna end up if we the Rakyat don't do something about the administration now but sit and wait till June 2010 when DSAAB 'SAID' that he will be stepping down and pass the leadership to another crap loser, DSNTR....

How Malaysian society structure stacks up.


The Malaysian society structure...
The poor cabinet ministers, BN party member, and poor poor us the Rakyat. Things ain't gonna get any better for us cause DSAAB is enjoying feeding himself and being perch on the top of our nation, we the Rakyat suffers from all his crap!!!
Why the ministers ain't doing nothing?? Hell, being just below him ain't that bad...they dun suffer that much and they can jolly well SHIT on the Rakyat too!!!

Why DSAAB is still PM

Reason why DSAAB is still our PM, cause the rest of the ministers are just interested in kissing his ass to keeping their job safe then go against and fight for the benefit and welfare of the Rakyat. So sad to think that's its the Rakyat who trusted and appointed them there and worst still, it's the Rakyat that's paying for their salary!!!


Friday, July 25, 2008

Can A Family Man With Salary RM3,000 Survive In Malaysia...?!!

Can a family man with Salary RM3,000 survive in Malaysia??

Let's do some simple calculations here...


In Malaysia, the average family income is RM3,000 /month (where father works, mother doesn't).

I understand there are many families whose monthly income does not reach RM3,000, but, to make things simple, let's take RM3,000 as the figure. Ok lah, right?

Okay, let's start rolling with a family which has Papa, Mama, 1 daughter and 1 son. Ngam-ngam ....

Calculation starts...

Electricity and water bill: RM100 (No air-con, No home theatre, No water heater ... ok?)
Phone bill ( Telekom): RM100
Meals for a happy family: RM775 (3 meals on RM25/day, RM25 for 4 persons...?)
Papa makan / teh-tarik during working hrs: RM155 (RM5/day, RM5 ... can eat what?)
Car repayment: RM400 (A proton saga aeroback, 7 yrs repayment)
Petrol (living in city, traffic-jam): RM300 (go to work, bring son to school, only
can afford one car running)
Insurance: RM650 (kids, wife and myself)
House repayment: RM750 (low cost housing repayment for 30 yrs, retired still have 2 work 2
pay!)
Tuition: RM80 (got that cheap meh? i don't think so)
Older children pocket money @ school: RM20 (RM1/day, eat bread?)
School fees: RM30 (enough ah?)
School books and etc: RM100 (always got extra to pay in school)
Younger children milk powder: RM50 (cannot have the DHA, BHA, PHA one, expensive)
Miscellaneous: RM100 (shampoo, rice, sauce, toilet paper)

Oh wait!!! I have to stop here, so... No Astro, no movie @ cinema, no DVD, no CD, no online, cannot KFC, cannot McDonald, cannot go Park walk during weekend (petrol expensive), no chit chat on phone with grandparents, and etc...

Let's use a calculator to total up... WALAO EH! Shit! RM3,610 already...

EPF belum potong, income tax lagi........oledi RM3,610 ....

How to survive lah tuan-tuan dan puan-puan sekalian ???

Our Minister asked us to change lifestyle??

How to change? Don't eat? Don't work? Don't send children to school and study?

Besides that, I believe in Malaysia population, there are millions of rakyat Malaysia which still don't earn RM3,000/month!!!

What is this? Inilah Malaysia Boleh... Sorry ... it should be Malaysians Boleh , because we're still alive and kicking!!

Our politicians must be mad!!!!

Please forward and comment boleh or tak boleh. No wonder so many Ah Loong around lah....

Thursday, July 24, 2008

CM : Petrol price hike - CHANGE LIFESTYLE!!!

Petrol Price Hike - Change your lifestyle!

TALKING ABOUT CHANGING LIFESTYLE - we have to see how to change lifestyle for various categories of RAKYAT :

(1) SUPER RICH (very small percentage) -no need to change life style
(2) RICH -
CUTTING SOME OVERSEAS SHOPPING TRIP (5 TRIPS PER MONTH TO
3 TRIPS PRE MONTH)
(3) QUITE RICH (INCOME RM15,000 -RM20,000 PER MONTH) -
CHANGING CAR FROM 4000cc+ TO 3000cc+ and cut some high teas at 5 star hotels
(4) MIDDLE(upper) INCOME GROUP (INCOME RM6,000-RM14,000 PER MONTH) -
Changing cars from 3 000cc to 2500 cc -CUTTING SOME DINING OUT
(5) MIDDLE LOWER INCOME GROUP (INCOME RM4,000 -RM6000 PER MONTH) -
cut ASTRO SUBSCRIPTION -CUT GYM MEMBERSHIP -SEND BACK INDON maid (can't
afford to pay salary anymore)
(6) LOW UPPER INCOME GROUP (INCOME RM3,000 -RM4,000 PER MONTH) -
CUT ASTRO subscription -replace airconds with ceiling fans -eat lower grade rice
(7) LOWER middle INCOME (INCOME RM2,000 -RM3,000 PER MONTH) -
CUT ASTRO-USE fans -switch off light by 11p.m. -sell off car, buy motorbike
(8) LOWER LOWER INCOME (INCOME RM1,000 -RM2,000 PER MONTH) -
EAT 2 MEALS A DAY INSTEAD OF 3 MEALS A DAY) -USE bicycle instead of motor bike
(9) HARDCORE LOW INCOME(INCOME BELOW RM1,000/ RM300 PERMONTH) -
STOPWATCHING TV - ELECTRICITY SUPPLY CUT OFF FOR CAN'T AFFORD TO PAY
BILL) -eat only 1 MEAL IN 3 DAYS (plain rice with salt) from previously 2 meal a day. -walk
to work (even 5km) -move out to live under the bridge or on Tree. -eat and drink only to
remain alive.......

Which categories are you in? Better start today... CM says Survival is the key to stay alive. What else does he know since he is in the Super Rich Category.

chai pasak