Janji Ditepati...part 1

With the issuance of the standard “avoid misunderstanding” excuse, the much maligned Janji Ditepati slogan is removed from Merdeka Day but perhaps reserved for BN Day celebration later.

http://www.malaysiakini.com/news/204898

Gov't scraps controversial Merdeka logo

 9:18AM Jul 29, 2012  

The government has decided to replace the 55th National Day celebrations logo with the standard 1Malaysia logo after a week of public outcry.

Announcing this in a post on micro-blogging site Twitter, Information, Communications and Culture Rais Yatim said this is to "quell misunderstanding".

"To quell some misunderstanding, we (will) only have 1Malaysia as (the) logo for Merdeka (and) Hari Malaysia," he said

The lyrics of the songs celebrates Bantuan Rakyat 1Malaysia,  the way this country is runned until welfare payout is celebrated, is most unusual by world standards.

The back pedaling however, do not excuse tax payers and public at large for examining the current administration’s intention and performance , as it claims that it fulfills promises.

Musings about the private retirement fund

Another attempt to create feel good feeling sees the Finance Minister launching private pension fund scheme.

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http://thestar.com.my/news/story.asp?file=/2012/7/18/nation/20120718183233&sec=nation

PM launches new voluntary Private Retirement Scheme

By MARTIN CARVALHO & RAHIMY RAHIM

KUALA LUMPUR: The voluntary Private Retirement Scheme (PRS) was launched on Wednesday by Prime Minister Datuk Seri Najib Tun Razak that will allow employees and self employed the opportunity to save for their retirement.

To encourage savings under the scheme, individuals are granted tax relief of up to RM3,000 and employers are provided with tax deduction on contributions to the PRS on behalf of their employees above the statutory rate of 19%.

A total of 24 funds will be managed by eight Private Retirement Schemes providers which would be available to the public this September.

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A finance minister is suppose to be overseeing the compliance of its finance industry players, and not becoming their sales promoter. There is clearly a conflict of interest but just for the sake of looking nice, anything could be politicalised.

The description itself is clear, "PRIVATE" means private sector driven, not by public servants on public's money and time.

Do you ever see Obama/Margaret Thatcher/Angela Merkel or even Mahathir become spoke person for commercial product while in office?

Volunteering with favours

I am very surprised by this latest beating of my tax money.

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http://thestar.com.my/news/story.asp?file=/2012/7/15/nation/20120715184418&sec=nation

PM: RM100mil 'seed money' for IM4U volunteer programme

KUALA LUMPUR: A special RM100mil fund will set up to spearhead the 1Malaysia For Youth (IM4U) programme, in a bid to instill a greater spirit of volunteerism amongst the nation's youth, Prime Minister Datuk Seri Najib Tun Razak announced Sunday.

He said the fund, named Dana Sukarelawan 1Malaysia (DRe1M), will be managed by a special task force with administration and distribution of allocation done online.

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He also said he would personally head an IM4U board of trustees to oversee the smooth running of the youth volunteer programmes.

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He also announced that 2013 will be declared the Year of Volunteerism to further instill the spirit of volunteerism amongst youth.

More than 50,000 youths are participating in a variety of 16 volunteer programmes in Klang Valley and Selangor.
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Don’t learn NOT to pay your debts

The prime minister said that Pakatan Rakyat are teaching people bad things, very bad things, such as debts are not to be settled.

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http://www.nst.com.my/latest/opposition-teaching-people-bad-things-pm-1.103610

Opposition teaching people bad things: PM

PEKAN -- Prime Minister Datuk Seri Najib Razak said today opposition political parties in the country seem to be teaching people bad things, even matters contrary to religion.

 Evidently, three bad things were that debts do not have to be settled, good deeds can be forgotten and promises need not be fulfilled, he said.

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Well growing up in a country that is administered by Alliance-BN administration for more than 50 years, whereby we live and learned from education system, judicial system and kepimpinan melalui teladan set by one of the longest political alliance in power, I wonder where the bad teachers learn from?

Let’s look at some fine case studies which serve to “teach people” not to repay debts.

IHH Healthcare Berhad listing: For it means for the man and woman in the street

PM Ah Jib Khor continues to mesmerize the public, with imminent and oh-so-secretive timing of GE, with another of his Economic Transformation Plan gizmo – listing of IHH Healthcare Berhad.

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http://www.freemalaysiatoday.com/category/business/2012/07/03/najib-ihh-listing-a-major-step-towards-greater-asean-cooperation/

KUALA LUMPUR: The listing of IHH Healthcare Bhd (IHH) further affirmed the development and the maturing of Malaysia’s private healthcare sector and its emergence as a key player on the international stage, Prime Minister Najib Tun Razak said.

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“I can safely say that this also offers further evidence of the vibrancy and depth of our capital markets, once again underlining the fact that Malaysia is a bright spot on the otherwise dark canvas of global finance,” he said at the launch of IHH’s initial public offering (IPO) prospectus here today.

He said the listing of IHH was an example of Khazanah Nasional Bhd’s commitment to delivering a clear and coherent regionalisation strategy, bringing together best-in-class business through a combination of mergers, acquisitions and collaborations.

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“With this listing, IHH can further cement its role as a leading force in the global healthcare sector,” he said.

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Wah, very nice big words Ah Jib Kor. But what do you mean-ah?

What is so great about vote buying?

We probably should have anticipated what was more to come after the the legendary and trade mark setting sentence of "you help me, I help you" vote buying rallying call in Sibu.

Since then it is disbursement here, there any everywhere.

The total bill we tax payer has to foot, 11 weeks into the prime minister's creation of feel good feeling during his trade secret period is RM606.68 million.
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http://www.malaysiakini.com/news/193760

PM, DPM disburse RM600mil over 11 weeks

The government had disbursed RM608.68 million over 11 weeks to the people through Prime Minister Najib Abdul Razak's and his deputy Muhyiddin Yassin's official nationwide visits.
According to a parliamentary written reply, the "urgent allocation" approved from January to March 15 was handed out during their 14-state visit, with Perak recording the highest at RM220.38 million for 34 projects.

Jerai PAS MP Mohd Firdaus Jaafar on Tuesday had asked the Prime Minister's Department to list to all the allocations approved for the prime minister's official tour of the states.

Allocations for Johor ranked second, with RM201.40 million doled out for 24 projects, while the Federal Territories came in third with RM63.25 million dispensed for nine projects.

Najib’s recent marathon forays to Perak and Selangor focussed on opposition-held areas, distributing goodies and promises to boost BN’s popularity, had fuelled speculation that polls might be announced soon.

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While RM606.68 million seems huge, it represent a minor investment to secure BN's continue power hold and loose change to wealth generation and preservation of those who waltz in the corridor of power and its lucky associates. The added bonus is that your lenders, being the tax payers, have no recourse against your personal assets, unlike a normal businessman or housebuyer begging support from a tightly regulated financial instituion.