Tuesday, December 16, 2008

Who run the state of Selangor?

Well, we have an outspoken Police Chief claiming that the police took action after vigil participants finished their National Anthem.

We have the Police Chief insisted that the Menteri Besar of Selangor to be guarded by police officers, regardless of whether MB likes it or not.

We have the Police Chief stopping ordinary people from cycling in Rawang, claiming that the activity is illegal and there's no police permit issued for the cycling activity.

Soon, we may see one day our dear "friend" may just come forward and tell you that you cannot breath as breathing is against the Police Act, under a section to be tabled in the Parliament (sure to pass right?)

I think he will probably be promoted when IGP step down/resign/retire/sack (pick the appropriate word when time come).

:(


Do something if you can...

....There are many out there who have contributed to the cause of making this a better Malaysia. Many are faceless and nameless Malaysians who work quietly and aggressively behind the scenes in the effort to bring changes to Malaysia. One such family is, today, in need of help themselves.

This particular family is now going through their own crisis. Nevertheless, in spite of their predicament, they are still very much in the thick and thin of the struggle. But health problems, and financial problems brought on by their medical predicament, have brought hard times upon them. And it is time that fellow Malaysians rally to their side and assist in any small way that we can to help this family out of their predicament.......

Saturday, December 13, 2008

Where have all your money gone - Jalan Duta Court Complex electricity bill

I read this from Malaysiakini a while ago:

full text here

RM5 mil to light up court complex
Beh Lih Yi | Dec 11, 08 7:31pm
The government forked out more than RM5 million since May 2007 for the electricity bill for the new Jalan Duta Court Complex, revealed de facto law minister Mohd Nazri Abdul Aziz.

He said this in a parliamentary written reply to Karpal Singh (DAP-Bukit Gelugor) who asked whether the government was aware that the lights at the complex were on throughout the night.

nazri abdul aziz"For your information, the total electricity cost at the court complex since its setting up (in May 2007) up till July 2008 amounts to RM5,668,596," said the minister.

"However, not all lights are switched on at night. They are on for security purposes," he added......
This means, for the past 14 months, the Jalan Duta Court Complex is burning RM5million on electricity alone. Let us drill down to see how many houses we can power instead:

Assuming that an average household is using RM150 per month electricity. For my house, our bill is averagely around RM60-80, thus, Rm150 may be on the higher side.

The average monthly electricity bill for the Jalan Duta Court Complex is RM357,143.

So if we use the same amount to power the ordinary people's houses instead, with the amount of money spent, we can practically power a small township of around 2,380 houses with the assumption that average electricity bill per household is RM150 per month.

My question is: How big is the court complex, and why such a huge utility bill?

What about other government buildings??

Mind you, the figure revealed is before TNB hike 10% on its tariff.

Thursday, December 11, 2008

The 15th Anniversary of Highland Tower Tragedy

15 years ago, I was there, at the scene, briefly after the Tower collapsed. I volunteered to be there bring food supply to media friends, i.e. reporters and photographers.

For those who were killed, rest in peace.

And for those who are in power, they still make the same mistake after lives been taken away.

May the Almighty punish those who escaped from the human law.

What the F is this dumbhead minister talking?




Do you know this man? He is the minister who commented the Bukit Antarabangsa tragedy:

"There is no clear evidence to show that the landslide in Bukit Antarabangsa was a result of human negligence", he pontificated after a visit to the landslide area where 4 people were killed and 1 still missing. "

I really have no idea why we have such minister who can comment in such, without proper evidence to support his claim, and worse, he was missing for 4 days, and made his appearance 4 days after the tragedy, and yet, making the above remarks.

I wonder if he speaks from his ass or his mouth!

Another dumbhead minister!! He deserves the following, just replace the word "fruit" with his name!


Saturday, December 6, 2008

Ai Yo! ValueCap!

We were told that the Government guaranteed the RM5billion from EPF to ValueCap, for the later to invest in undervalued stocks in Bursa Malaysia.

Very Good!

Here comes the question:

  1. EPF announced recently a sharp drop on its investment income as much as 60% compared to last year. If EPF as a cautious player in Bursa suffered in Bursa, can ValueCap does better? If ValueCap can do better, why not resolve the entire EPF investment team and outsource the investment business to ValueCap?
  2. If ValueCap is good, why it is not making money?
  3. If ValueCap failed in its attempt to harvest from "undervalued but quality" stocks, i.e. if RM5billion gone with the wind, the Government is going to pay EPF the loan amount. Isn't Government fund from the Rakyat? Isn't this like Mr. A loaned RM5 to Mr B asking B to buy some good stuff. B failed and lost the RM5. B need not replay A, but A will replay himself from left pocket to right pocket, and see, you still have RM5 in hand. What a magic!
  4. What if ValueCap really make money from Bursa, will ValueCap repay with its profit, and keep a percentage as management fee, or swallow everything, and the Government still fork up RM5billion to pay back EPF?

If money does not belong to ValueCap, and if it fails, ValueCap will not be in the position to recover the lost sum. We will then see the Government & ValueCap both blame the other investors not lending a helping hand to boost Bursa. The show is then off, and what you can do? Bang your balls and hang yourself!

BTW, is there a vacancy in ValueCap? Office boy also can do la. I want to work there so I have insider information on what they want to push man. Don't blame me for being short sighted la, everyone like that ma. Rakyat's money, my foot!

Go sleep now. Will start a business in my dream call ValueGood. Make sure the UN is backing me up with unlimited fund!!!


Tuesday, December 2, 2008

What!? Change? Again??

Najib said yesterday that Malaysian should change their perspective on Malaysia crime rate as it is lower than in Hong Kong and Japan.

Not long ago, he said we should change our lifestyle after the prices of essential boomed sky high.

Well, as a Prime Minister in waiting, thank God he is still in the queue, he is giving advise as if we resist changes.

For ordinary people on the street, we have already adjusted our lifestyle, and be very positive on crime rate, even when we were robbed, stabbed, snatched, hit, bullied, killed (fill in the blank yourself, the list is too long to fit here), we are still living our lives, although it is a lot worse that we had when thru during the previous rounds of economic slowdown.

But, the man in the queue still want us to change.

We have downgraded our entertainment, from movie once a month to movie once a quarter, since going out for movie for two cost almost RM80 nowadays with toll, petrol, parking, tickets, food, you name it.

We have changed.

We have downgraded from eating imported Siam rice to the cheapest rice we can get in the market, i.e. 15% mixed local rice for the price of Siam rice about 1 year ago.

We have changed.

We have downgraded our sundry shopping from once a week to twice a month, and limit our spending not to exceed RM200 per shopping for sundry. RM200 a year ago can get almost double the present value.


Don't believe?

30 grade C eggs selling in Tesco a year ago before Hari Raya was RM4.80.

The price now is RM8.75

Yes, it is not double, but it is almost double!

1Kg chicken selling for RM4.99 a year ago, now selling RM6.99 as offer and normal price sometimes go up to RM7.90

Yes, it is not double, but it is almost there!

We have changed.

We were told that Malaysia wanted to be the forerunner providing high speed broadband for all, and we have patiently waiting for TM to increase their bandwidth on Streamyx. Year after year, and now we were told that the government need to spend billions to get TM to build fiber optic broadband services, yet no end product speed is specified whether we will be getting 20Mbps or 1Gbps fiber to home connection.

Meanwhile, for most other countries which has already high speed broadband, i.e. fiber to home in Japan and metropolitan areas in India, China, Hong Kong, Korea, Singapore, etc. They have been using 10Mbps or some even have 1Gbps to their home, and the fee is not as expensive as we think (just ask if TM can supply 1Gbps pipe to your house at what price, I bet they cannot do, or the price will kill you off!)

The bottom line is: Malaysia is expensive!! Living in Malaysia is expensive!!

With all the blessing from God that we have all the good mix from primary products to manufacturing, logistic, professional resources, yet we are expensive!

As a simple comparison. Take Taiwan as an example.

My wife went to Taiwan recently for her assignment. She said the food and cost of living even in Taipei is cheaper than in Kuala Lumpur.

A plate of fried oyster egg, enough for one person, is selling around NT30, which is approx RM3.30. The same in KL, smaller plate, far lesser oyster, less egg but with lots of flour, is selling minimum RM5.00.

Friend, this is almost double man!

Look at their average income, an average Taiwanese income is NT50,000, and average income for an average Malaysian is?? You have the answer.

Taiwan has no natural resources, Taiwan is constantly under Communist China's threat that they need to spend substantial portion of their national income on arms and weapons to deter China from invading them. Taiwan is an island isolated by sea, logistic is expensive as compare to Malaysia.

Why they can have cheaper cost of living yet higher income?

Even the then President Chen Shui Bian was found corrupted, and was accused that he messed up the economy, Taiwan still better than Malaysia.

Why?

We hear and see how the government wasted our money, from Eurocopter to Pempena, from Bakun to IPP. From BII to ValueCap.

Why not the Government change?

Why not Najib change?

Or

Why not we change them all?