Scandal
Malaysian Ringgit has just hit another new high – RM4.2570 to one US dollar. Forget about what the specialists and experts say about the local currency. Didn’t someone tell you less than a month ago that ringgit is to trade between RM3.80 to RM4.10? Well, screw them because they know nuts about the actual financial […]
... written on Aug 24 2015Going by everything that we know so far about the Bangkok deadly bombing, Thai junta Chief Prayuth Chan-ocha seems to be as clueless as everyone on the street about what has hit the city. The Chinese embassy in Bangkok has slammed the local media for blaming the attack on Thai government’s deportation of 109 Uyghur […]
... written on Aug 20 2015First, the RM2.62 billion (US$696 Million) exposed in the private account of Malaysian Prime Minister Najib Razak was claimed to be a “donation”, courtesy of some rich Arabians. Then they changed the story that the free money was given by Saudi to Najib personally for “fighting ISIS”, never mind ISIS haven’t even proclaimed itself to […]
... written on Aug 19 2015Flashback: From a record low of RM2.10 to US$1 in October 1978, the Malaysian Ringgit hit its all time high of RM4.73 to US$1 in January 1998. Prior to the infamous Asian Financial Crisis, the ringgit was trading at about RM2.40 to a US dollar in 1997. Nobody could have predicted the type of economic […]
... written on Aug 17 20151MDB scandal is a blessing in disguise. Malaysians and the international community have learned more in the last 5-weeks than 50-years this country was under UMNO’s rule. People around the world were simply amazed and flabbergasted over how great a liar Prime Minister Najib Razak has demonstrated so far, not to mention the doses of […]
... written on Aug 16 2015Bank Negara Malaysia’s (Central Bank of Malaysia) governor – Zeti Akhtar Aziz – has finally revealed herself to the public since the mass “arrest, firing and hiring” exercise carried out by Prime Minister Najib Razak to “cleanse” himself from an allegation of pocketing a staggering RM2.62 billion (US$696 million) found in his personal account. […]
... written on Aug 13 2015Before the currency stop trading for the weekend, the Malaysian Ringgit was trading as high as RM3.9530 to a U.S. dollar. After the closing bell, it settled at RM3.9220 to a buck. So, does this mean RM3.90 is a new support level and the ringgit can never strengthen to RM3.80 anymore, at least for the […]
... written on Aug 10 2015Did you make any pocket money since our last bitching article? No, not the one about stocks related to Najib’s cronies. The one about all hell breaks loose when the local currency “Ringgit” breaches the psychology RM3.80 to a US dollar. Was it a coincidence that ringgit spiked into toilet bowl on Aug 4, the […]
... written on Aug 07 2015The lazy but arrogant UMNO thought a “donation” would be a jolly good justification to close the explosive RM2.62 billion scandal, once and for all. After all, the RM534.8 million Scorpene submarine scandals were “kautim” (settled) by slapping a “commission” sticker on it. Furthermore, every single government in the world takes donations. Unfortunately, judging […]
... written on Aug 05 2015Malaysian Anti-Corruption Commission (MACC) has declared the RM2.62 billion in Prime Minister Najib Razak’s private account as a “donation”. Is there anyone out there who thought there would be any other outcome from MACC after offices of MACC, Attorney General’s Chambers, Bank Negara (Central Bank) were raided by a “new set” of people from Special […]
... written on Aug 04 2015
