Government
Singaporeans would be “prudent” to let foreigners do the gambling at the casinos in the two new integrated resorts (IRs) as such a move will be a “sure-win” situation, as taxes levied on gambling would boost government coffers, Prime Minister Lee Hsien Loong said yesterday at the National Day Rally. Yeah, maybe PM Lee should […]
... written on Aug 31 2010An empire is just like a stock. A stock can goes up from $1 to $500 a share and then from $500 back to $1. Likewise great empires such as Roman, Qin, Mongol and Ottoman saw their rise and fall in the history of mankind. Now we do not talk about empires militarily but rather […]
... written on Aug 25 2010I’ve mentioned many times that basically there’re two simple indicators to gauge how well U.S. economy is recovering. First is unemployment and the second is the home sales. If the indicator of either one is negative then you can forget about putting money betting on the bull. Forget about what the analysts told you about […]
... written on Aug 25 2010While the clueless Malaysian ruling government is still busy figuring ways to stop the citizens from getting “infected” (further) by the powerful technological viruses such as Twitter, Facebook, Blogging, YouTube and whatnot, young chaps are reportedly making up to US$300,000 a year from YouTube alone. So if those Malaysian Government-sponsored students are still jobless despite […]
... written on Aug 23 2010Top story of the month was indeed about former Transport Minister and president of MCA (Malaysian Chinese Association) Ling Liong Sik being charged in relation to the country’s biggest scandal – PKFZ’s RM12 billion Scandal. Retired former Prime Minister Mahathir together with Ling Liong Sik and Samy Vellu (who still hold on to power in […]
... written on Aug 03 2010Malaysia will be bankrupt by 2019 (nine years from now) if it does not begin to cut subsidies for petrol, electricity, food and other staples which cost the government RM74 billion in 2009. The country has a whopping RM362 billion debt and could end up like Greece if the people do not agree to what […]
... written on Jun 10 2010Judging from the missing jet engines scandal to the latest “Allah” issue, it seems Najib’s administration may be short-lived – shorter than former PM Abdullah Badawi. You may not like Badawi’s administration because, well, there was no administration in the first place *grin* simply because the country was on auto-pilot while the pilot was dozing […]
... written on Jan 25 2010It’s easier to move a mountain than to change a person’s character – goes a Chinese saying. By the same logic, it is definitely many times harder to change the Malaysian ruling government’s policy of worshipping corruption. Whatever the result from the PKFZ multi-billion scandal, you can kiss your money (yes, part of the billions […]
... written on Dec 08 2009Budget 2010 revealed by PM Najib Razak was so boring that one was wondering if it was so difficult to draft a better budget that could benefit the average Joes. Why on earth would anyone care about the 1% reduction in income tax for those who earn above RM100,000 per annum? The cost of living […]
... written on Oct 27 2009Corruption and racial politics are two main top ala-cartes on the ruling government’s menu headed by UMNO. These two authentic cuisines are so delicious that after 52-year of independence they (corruption and racial politics) are still being practiced by the ruling BN government. Just like in the stock market whereby the stock prices are determined […]
... written on Sep 07 2009
