Malaysian Debt: Najib gambling it against future income?

Finance Ministry in its Economic report 2012/13 released last week claimed that the external debt is now standing at 28.8% of our Gross Domestic Product (GDP), while the total debt is now at a staggering and worrying 53.7% of GDP. If thats not worrying enough, Najib's statement today that IF Malaysian GDP grows at a rate of an average 4% per annum, the debt is manageable, is like rubbing salt to a severe wound. Najib and co are gambling Malaysia away based on future income, any imbalance in the world economy would have a telling and inverse effect.

Whats disturbing and worrying is, most of the expenditures in the budget are not channelled to productive areas, neither are they for development purposes. Yes, I do agree that some of the measures would jolt our economy positively  but it would be minimal, and would not be longstanding. No concrete measures are taken to address the leakages, none are long term policies. Most of the measures seems to be rhetoric and populist, especially targetting the intended large group of voters, the civil servant, the security force, youth and etc.

The 2013 budget really looks like its been been prepared by a group of propagandist and not by economist.It seems that the budget, or the people behind the scrren are not that interested in the well being of the rakyat and nation, but more interested in hanging on to power.

Mukhriz and KJ: Mavericks with verbal diarhea

Mukhriz and KJ, the former is the son of ex-premier, the latter is the son-in-law of another ex-premier, both of them seems to have a chronic case of verbal diarhea, by the way verbal diarhea means a constant urge to just blurt things out without thinking first. Numerous times they have made the darndest statements.They have never learned (or refused to learn) the fine art of tact and are too boorish and self-involved to learn it.

Let me bring your attention to the latest incident (accident?). We'll start with Mukhriz, he tries to allay the fears of the rakyat on Lynas and Pengerang, he GUARANTEES that there would NEVER be any untowards incidents or accidents from these projects, he further claimed that Union Carbide tragedy in India and Asian Rare Earth tragedy in  Perak, happened decades ago, now we have the technology to prevent it. (Is he trying to play God?), Who are you kidding?....Yeah they said Titanic was unsinkable too...it didn't even get to finish its maiden voyage.........yeah Samy Velu claimed MRR was rock steady....before the cracks start appearing, ....yeah they said the Trengganu Stadium was hitech...before the roof came crashing down....and the list could go on and on.

Now to KJ, KJ (is he really a OxCam graduate?....doesn't act like one) claims that 50% of the youth have jumped ships and supports the government, this is all due to the budget 2013 that were recently tabled.....Are Malaysian youths that gullible?....Where did you get the figures from KJ?...Pluck from the sky? The budget was tabled on Friday, and you did a research on Saturday, and you got your result on Sunday...and you start shooting from your mouth on Monday...Trying to pull a leg?...Get a life KJ..

God, please help us, please forbid these Goons from contesting and winning GE13.

Koh Tsu Koon: A General, way past expiry date

Its with amusement, I treat reading the article about Gerakans numero uno (he is the only one who thinks so), trying to lift the spirits of disjointed Gerakan members, trying to drum up the election war drum,to wrest Penang back, as reading the weekend cartoon columns. How else would you categorize it? He is neither having the support of senior Gerakan members (Lim Keng Yaik and co.) nor the junior Gerakan members (Lim Si Pin @ Lim Keng Yaik jr and co). he can't even rely on the support of other coalition members in Penang especially and Malaysia generally, they have all abandoned him long time ago....hmmmm....that brings us to the golden question.... Why is he holding on to the post?....beats me as much as it beats you.

He is gutless, principle less, characther less......Honestly......I cannot find any positive things to say about this guy....period....I wonder how he managed to be the Chief Minister of my home state in the first place...The good thing for Pakatan Rakyat  is, as long as he is leading Gerakan, there is not even an ounce of threat from them in Penang or other places.

It is an open secret how Lim Si Pin is groomed by the father,but it might be a tad too late. By the time Lim jr actually succeeded, Gerakan might already be obsolete, my guess is GE13 is the last time we are going to hear about them, they are going to be wiped out, just like what happenned to PPP. The only way the future generation is going to be connected with them is thru history books....

Gerakan would soon to be 'Tak Bergerak'

A.H.Baharom

EPF trying to save plunging FGVH: Is it a wise and ethical move?

News are trickling in, fast and furious on the plunging FGVH shares, while we do pity the FELDA settlers, we strongly and sincerely believe that  the act of EPF (Employers Provident Fund) buying these shares to halt the plunging is quite unfair and not a very wise move. The Employers Provident Fund EPF has been accumulating shares of Felda Global Ventures Holdings FGVH even as shares of the plantation giant sank to a new low yesterday closing at RM4 68 a share or just 13 sen above its issuing price According to filings with Bursa Malaysia the country s largest pension fund s stake in FGVH have increased 5 4 per cent since September 3 the day before FGVH plunged below the RM5 mark   It is mandatory for private sector workers to contribute to the fund which is managed by representatives from the government and unions EPF now holds a 6 98 per cent stake in the group up from 6 62 per cent on September 3 and sharply higher than the 5 01 per cent stake it held on July 12 And just to refresh your mind,  The pension fund also recently spent a mind boggling RM2 4 billion to take over the Rubber Research Institute RRI land in Sungai Buloh that will be turned into a township

The EPF funds belong to the millions of workers and should not be gambled or used or rather abused for the sake of the Government of the day. By the where is Isa Samad?...the maverick who was boasting loudly when the prices were climbing suddenly seems to have gone hiding. Why the deafening silence of Ahmad Maslan the UMNO minister in charge? The man who seems to have all the answers and consistently make bold predictions suddenly became clueless? What about the media's who were proudly publishing photos and broadcasting clips of FELDA settlers rejoicing on the increasing prices of the shares? Ran out of steam?

Do not be surprised if there are statements, albeit stupid statements...from the Toms, Dicks and Harrys of the powers to be claiming that this is nothing serious...it is left hand helping right hand....it is from left pocket to right pocket....after all it is the Boleh Land!

Dear GOD, please have mercy and help us......a.h.baharom

 

Tun M trying to make sense out of 'non'sensense

It was with utter disbelief (or was it disgust?) when I read the statement by our elderly statesman, Tun M...'better to choose the Devil we know, rather than the Angel we don't...."...and he went a step further when he reiterated and defended his statement by claiming that Angels do sometimes sin... 

Tun M, you we're a great statesman, you we're a respected leader, you we're one of the more active and progressive OIC leader's (read carefully....we're)...but sigh...is this what elderly used to say...... what goes around comes around? Remember when Tun M used to say our founding forefather Tunku Abdul Rahman senile old man....? Tun M, you are dead wrong....Angels are obedient....they do not sin...they do not go against the wish of the Al-Mighty...wallahualam......where have all the Government religious advisers gone...hiding?...where is Jamil Khir Baharom...where is Harussani...whare is Fathul Bari....? Do you people fear the nations Be End leaders more than the Al-Mighty....Nauzzubillah....GOD forbids....

Tun M, you might have been a great leader, a visionary statesman, but do not go down the history books as the greatest joker....please do not try to make sense out of 'non'sense...you cant.......period...no two way...no grey area...full stop.

May GOD have mercy and help us..

A.H.Baharom

55th Merdeka: Any chance of really being 'merdeka''?

Merdeka is a word in the Indonesian and Malay language meaning Independence or freedom. It is derived from the Sanskrit Maharddhika meaning "rich, prosperous and powerful". In the Malay archipelago, this term had acquired the meaning of a freed slave. The term Mardijker is a Dutch corruption of the Portuguese version of the original Sanskrit words and was used to designate former Portuguese and Dutch slaves from India in the East Indies, known as Mardijkers, whence the Malay meaning of "free(dom)" is derived. Mardijker are the former catholic slaves bought from India and the East Indies that were liberated by the Dutch if they abandoned Catholicism and embraced the reformed Dutch church. The term was significant during the anticolonialist and pro-independence movements of the colonies of Indonesia,Malaya, and Singapore, in the history of Indonesia, history of Malaysia, and in the history of Singapore. It became a battle-cry for those demanding independence from the colonial administrations of the Netherlands and United Kingdom. The Philippine term maharlika, referring to the Tagalog warrior class, has the same Sanskrit origins as the Malay Merdeka. In the southern Philippine island of Mindanao, the Moro people belonging to major ethno-linguistic groups of Meranaw, Maguindanaw and Iranun, use maradeka in the same meaning as freedom or liberation and freedom group there is called Maradeka. (cited from various sources).

Now back to our golden question, after 55 years of so-called merdeka, are we really merdeka? Do we have the liberty and freedom of political choice? Do we have the press freedom? Do we have equality among states allocation?.....the list might go on and on...like the duracell battery advertisement, but sigh! We are not 'MERDEKA', and ever since Rah Eees Ya Team took over as the information Minister, it became worse, even the Merdeka celebration is hijacked, to become a political Be End  tool.

So guys, if you do not want to be colonalized, if you really want to be independent, want to be liberated....want to be MERDEKA...there is no two way....I never want to be associated with a devil (I dont even know a devil, I rather choose an angel (and by the way, no matter what the old man said,angels always obey the Al-Mighty and never sin....period)

Happy Merdeka day...

A.H.Baharom

Berita gempar: Anwar Ibrahim punca segalanya?

Berita gempar....Satu Malaya agak gempar apabila Chua Bo Doh, bapa Chua Bah Ngang, sepupu Chua Bo Hong telah melakukan satu pendedahan eksklusif hari, apabila memberitahu bahawa punca Menteri Pelacuran...oooppss...Menteri Pelencongan memohon taraf PR negara Australia kerana kesukaran mendapat peluang pendidikan untuk anaknya seorang berbangsa Tionghua kerana Menteri Pendidikan pada masa itu ialah Anwar Ibrahim yang mementingkan Bumiputera semata....heran bin ajaib...depa kata Anwar abai Bumiputra, Nah Jeeb pembela Bumiputera?....musykil-musykil.....

Chua Bo Doh juga menambah, beliau terlibat dengan skandal seks bersama penjual bunga juga adalah kerana Anwar, ini adalah kerana Anwar yang ketika itu Timbalan Perdana Menteri mengerahkan para menteri kabinet kerja lebih masa dan beliau tidak dapat balik bertemu isterinya, memaksa beliau melempiaskan nafsu kudanya dengan penjual bunga.

Bukan setakat itu sahaja, Chua Bo Doh menambah lagi, anaknya menjadi terencat akal dan bangang adalah kerana tidak dapat melanjutkan pelajaran disebabkan pengekangan Anwar, maka tidak ada sebarang kerja  yang beliau mampu lakukan kecuali lawak bodoh dan menjadi ahli parlimen Labis.

Apa nak jadi dengan Malaya.....UMNO tetap nak bersekongkol dengan keluarga terencat akal ini...orang Labis?...takkan nak jadi bangang dengan mengundi Bah Ngang anak Bo Doh?....jadilah cerdik sikit...

A.H.Baharom