Government
President Obama shot down the idea of a second stimulus package, something which many had speculated thanks to the suckers’ rally that has lost its steam, clarifying that the first stimulus should be given time to show its effect. Obama urged Americans to be patient as his economic recovery plan was designed to work over […]
... written on Jul 11 2009I’ve just returned from a short trip to Singapore. As usual the hotels will be jacking up their rates come the Formula-1 again. Staying at 5-star (that was what my friend claimed) InterContinental Singapore at S$200 a night was a steal considering the cleaniness and spaciousness of the room. Broad-band was provided complimentary although I […]
... written on Jul 05 2009If there’s one distinct different between UMNO (the main “Godfather” in the ruling BN government coalition) and PAS (one of three parties in the opposition coalition), it has to be the obvious democracy that the latter is practicing. So much so that the party (PAS) does not seems to fall apart despite different opinions at […]
... written on Jun 07 2009Amazing, isn’t it? Just when you thought the dust has settled another surprise, or rather scandal, appears and screaming for your attention. Unlike BMF scandal that saw a whooping RM2.5 billion vaporized into thin air back in 1980s the same cannot be said about PKFZ’s scandal which has eaten RM7.453 billion of taxpayers’ money and […]
... written on Jun 03 2009PKFZ (Port Klang Free Zone) scandal is perhaps the biggest scandal the country ever had so far from the legacy of former premier Mahathir Mohamad since the BMF scandal, that’s if you ignore the Central Bank’s losses from the foreign exchange speculation. BMF (Bumiputra Malaysia Finance Ltd) scandal involved losses of about RM2.5 billion (that’s […]
... written on May 30 2009CIMB Investment Bank Berhad claimed that foreign investors returned in droves bringing in their hot money as if they have no where else to park their money. The funny part is CIMB can only target the KLCI to reach 1,060 points by year-end, another 20 points from today’s index of 1,040. Why not 1,200 or […]
... written on May 28 2009Every Tom, Dick and his “Siu Keong” pet Cockroach knows that there’s no way Najib’s administration can win the Penanti by-election *yawn, what’s new?*. It was predictable from the moment Najib announced that his government “may” not contest for the by-election, another way to test the water to see his peoples’ reaction. Nobody within his […]
... written on May 19 2009Would it be too cruel to say “I told you so” now that the Court of Appeal granted the so-called illegitimate Chief Minister Zambry a stay of execution on the High Court ruling yesterday that the so-called legitimate Chief Minister Nizar was the rightful Menteri Besar (Chief Minister) of Perak? From a state that fall […]
... written on May 13 2009I’ve to admit I was rather surprised with the High Court decision that declared Nizar Jamaluddin as the rightful Perak Menteri Besar (Chief Minister) instead of ruling government’s choice, Zambry. Equally surprise was the Zambry’s application for a stay pending appeal which was immediately rejected by the High Court. People especially from the PR (Pakatan […]
... written on May 11 2009Five thousand years of Chinese Civilization have transformed the Chinese into a unique race which possessed all the necessary ingredients to survive in a harsh environment. But they are still the same homo-sapiens that are clever yet selfish and cowards. Although the Chinese are complex they’re relatively easy to understand once you mix with them. […]
... written on May 08 2009
