Najib has unveiled his latest cabinet line up. Much will be spoken about whether it can delivera nd transform (into what?), whether under-represented communities would be even more marginalised etc. Those are the hot issues but this blog post would look at the cabinet merely on number of votes, vis-a-vis the pending re-delineation exercise due end of the year.
Showing posts with label Lee Wee Tak. Show all posts
Showing posts with label Lee Wee Tak. Show all posts
Forced reckless lending: new form of vote buying
The New Straits Times today screamed this enticing headline:
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Newly employed to gain under 'My First Home' plan
BETTER PROSPECTS: Requirement to work for at least six months abolished
FROM Jan 1, Malaysians, especially young adults, can now buy a house as soon as they get jobs.
Under the tweaked My First Home Scheme rules, they can immediately apply for loans to buy their first home
Earlier, they had to work for a minimum of six months before they qualified for loans.
Cagamas SRP Bhd (Skim Rumah Pertamaku) said it had abolished the minimum employment period.
It also cancelled the stipulation that workers needed a minimum savings record of three months in banks.
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The original intention of Cagamas maybe noble, helping Malaysians to own their first home.
However, like many of the good institutions in Malaysia, for example, the judiciary, the Employee Provident Fund, Petronas, Bank Negara Malaysia, Felda etc, once under Barisan Nasional management, dubious and worrying development would occure.
Felda: protest march and we are paying for it
Feldas' settlers' are pretty unhappy and decided to march in KL.
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The share price of FGVH had dipped two sen below its initial public offering (IPO) of RM4.55 in early trade at 10am today, continuing its dismal performance in recent months which has angered a group of first- and second-generation palm oil farmers who hold stock in the company. FGVH’s share price rebounded later in the day to close at RM4.60 on Bursa Malaysia when trading halted for the day.
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Farmers to march against FGVH amid dismal share price
December 27, 2012KUALA LUMPUR, Dec 27 — Some 30,000 farmers are expected to converge on the city tomorrow against plantations giant Felda Global Ventures Holdings (FGVH) in what they claim is a bid to save the federal land authority — seen as among the last pillars of the Malay community — from crumbling.
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Can a hair dresser bring down a democracy movement?
Recently there is a series of absurd looking but well timed “incidents” of “religious confrontation surfacing in controlled main stream media mainly accessed by the non-muslim community.
I am talking about the hair dresser who got fined by the Kota Bahru Municipal Council and now the non-muslim people being cautioned for indecent behavior by the same authority.
I would like to say, it is an insult to tens of thousands of decent hairdressers and customers who like nothing more than a normal way of making a living and get a routine chore out of the way respectively. Do I get a woody while having my hair cut? Never.
However, the above incident, as abominable as it is, is being blown up with strong scent of 2 elements: expectedly timed prior to a GE and subsequent high profile follow up reports that has vote persuasion happen all over it.
The day after the 1 night stand before: the aftermath of 2013 budget
The 2013 spend and feel good budget has been read for the nation’s attention and parliament’s debate. The debate is probably useless, for the Janji Ditepati administration, chronic, habitual spending above budget is a given. This habit is well documented
------------------------------------------------------------------------------------------------------------http://www.themalaysianinsider.com/litee/print/malaysia/putrajaya-asks-for-rm14b-more-to-spend/
Malaysia Putrajaya asks for RM14b more to spend
UPDATED @ 12:04:39 14-06-2012
By Shannon Teoh
Jun 14, 2012
KUALA LUMPUR, June 14 — The federal government tabled a supplementary supply Bill today, asking for RM13.8 billion more to spend this year, fuelling fears the Najib administration will not be able to rein in the deficit and breach the statutory debt ceiling.
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Therefore, rather than dwelling too much in detail into a current and soon to be derailed budget, let’s project into the future base on the path Malaysians been dragged down unto for the past decade.
Qucik glance BN budget vs PR budget
It has been number crunching nerd's dream week as both Barisan Nasional administration and Pakatan Rakyat shadow administration unveiled their respective budget within a day between them.
There is so much to talk about when one put both of them together. I limit myself for the moment to comment on Vision, Cost of Living and Crime and Safety aspects.
versus
Touch n Go Rapid KL - consumers at losing end
My recent experiences with Touch n Go is infuriating experience. TNGSB is a private limited company whose shareholders are CIMB Group Holdings Berhad, MTD Capital Berhad and PLUS Expressways Berhad. They are cash rich and earning super normal profit and very much a GLC way of thinkig and working.
The debt driven 5.4% GDP growth in Q2 2012
The Q2 2012 Gross Domestic Product growth of 5.4% seems to be a pleasant surprise from 1Malaysia administration.
The Second Finance Minister who is on top of the numbers pointed out the oil rigs are responsible.
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Tuesday August 21, 2012
Husni: 5.4% Q2 growth a boost for Malaysia
IPOH: The better-than-expected 5.4% growth in gross domestic product (GDP) in the second quarter is a confidence booster for Malaysia to perform better for the rest of the year.
Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah attributed the current positive growth to the resumption of operations at oil rigs, which had affected the country’s production of crude oil previously.
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SPR: to random or not to random
Tindak Malaysia, a NGO specializes in training volunteers as Polling and Counting Agent (PACAs) for elections, recently advocated their insistence on randomization of ballot papers to the SPR.
What is randomization?
In a nutshell, it means the ballot papers are not to be torn and handed out to voters according to the sequence in ballot booklet.
Janji Ditepati and national debt
PART I : ORTHODOX NATIONAL DEBTS
A quick look at the Ministry of Finance (MoF) annual statistics shows the following:
· From 2007 to 2011, the GDP increased on average, 6.4% a year and between the years, our GDP increased by 28.2%
· During the same time, external borrowings increased on average 8.2% a year and between the years, our external debts increased by 37.2%
· During the same time, Hutang Dalam Negeri Persekutuan increased on average 15.2% a year and between the years, our HDNP increased by 77.22%!
In short, as much as Najib praised Malaysians for being hardworking; his administration works much harder at incurring debts. Tell me who should be bersyukur?
Janji Ditepati Part 2
Najib administration’s initial flagship i.e. promise was the expensively financed research project New Economic Model. It was a well written piece and carries plenty of good ideas. The PM promised us the NEM will usher us to a better new place.
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KUALA LUMPUR: The New Economic Model (NEM) unveiled by Prime Minister Datuk Seri Najib Tun Razak Tuesday will generate benefits for all Malaysians, irrespective of race under its inclusive growth goal and approach.
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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.
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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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
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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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.
"...................
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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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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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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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
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.
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.
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.
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.
Evidence Act or Clamping Act?
The recent amendments in the Evidence Act which basically deem bloggers and victims of hacked facebook account owners as person who posted all comments in their space until proven otherwise is the best proof of Najib’s “the best democracy in the world claim” pudding.
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Sunday May 27, 2012
Cyber bullies and stalkers often get away because of lack of evidence
By REGINA LEE
regina@thestar.com.my
PETALING JAYA: “It wasn't me.” That's the most common response from people when a hate or threatening message is traced to their Facebook or Twitter or any other Internet account.
The Malaysian Communications and Multimedia Commission says it is almost legally impossible to take action if all that a person has to do is to deny any responsibility.
“Think of the victims. People who have been slandered or whose lives have been threatened,” commission chairman Datuk Mohamed Sharil Mohamed Tarmizi said, adding that many a time cyber bullies and stalkers who often use “the cloak of anonymity” have got away because of lack of evidence.
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Oops, slip of tongue, Minister!
Malaysian politicians say the darnest things...........
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http://www.freemalaysiakini2.com/?p=27175
Speaking at the Kuala Lumpur general hospital, Hishammuddin said this when asked why the items were seized since he claimed that the police had nothing to hide.
“I don’t know. This is the standard operating procedure of police…,” he said.
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How can the minister contradict himself in one sentence? "I don't know" and "standard operating procedure" should not come in the same sentence.
For example, if you ask a surgeon what is the expensive, risky and painful procedure is to be taken, how much confidence would you have if the surgeon paraphased Hishammuddin and says "I don't know. This is the standard operating procedure of the hospital...."?
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http://www.freemalaysiakini2.com/?p=27175
Hisham: Photo equipment seized as part of SOP
Home Minister Hishammuddin Hussein said the confiscation of memory cards and cameras belonging to journalists during the Bersih 3.0 rally were part of the police’s standard operating procedure (SOP).Speaking at the Kuala Lumpur general hospital, Hishammuddin said this when asked why the items were seized since he claimed that the police had nothing to hide.
“I don’t know. This is the standard operating procedure of police…,” he said.
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How can the minister contradict himself in one sentence? "I don't know" and "standard operating procedure" should not come in the same sentence.
For example, if you ask a surgeon what is the expensive, risky and painful procedure is to be taken, how much confidence would you have if the surgeon paraphased Hishammuddin and says "I don't know. This is the standard operating procedure of the hospital...."?
From Wee Ka Siong to pre-election feel good factor
The deflected slug that Wee Ka Siong received overshadowed the messages emitted from the Chinese Education protest assembly held on 25th May. The Deputy Education Minister seems to have earned some brownie point for being forgiving and understanding i.e. not taking further action against the perpetuator while MCA had a field day condemning hooliganism from the forum attendees and by extension Pakatan Rakyat supporters.
The above picture is taken from:
http://azmieyusoff.blogspot.com/2012/03/panas-timmenteri-di-boo-dan-nyaris.html
Looks good on the surface, politically.
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