Wonder why income per capita soo low? Maybe Malaysia is fighting to compete lowest income in region now......I think we can achieve yo....

Yes we should beat them, and at the same time we are also GDP and income per capita lowest amongst US, UK, Europe, ....we throw in Singapore also lah....Kakakaka

I guess Malaysia really Boleh....highest debt against GDP soon to achieved.....

Yes yes ....Malaysia Boleh....we can beat US in their debts.....common BN u can do it....

Aiya still no flag leh....

Nice Sacide...vote vote PR....aikk....hahahaha

Nice Sacide....560billion debt and 300 billion contingency debt all under BN expense and guarantor and ur observation is soo sooo accurate....

I am waiting for mine.....wish the color changes to show the number of flags.....Kakakaka

I thought the flag means thumbs up.....lol

Haha bro anbz....Tunggu durian runtuh.....

A corrupted individual in the Yester year.....carrying money out of Malaysia.....remember this line? I No speaka English ooo

It's a sad day because Mohd Taib aka Mat Tyson, is joining PAS!!

I think it's a competition to see who can get more flag.....

The way politican play their cards is, they pull an abstract of information of a situation and turn it into an incident. Difference is whether they have enough of the info to move forward while the accused makes blunder after facts are revealed.

Honestly, some of the facts are twisted, even though the general objective may have been good.

I like Rafizi because his fact gathering is very focus and objective.

The worst of course is Chuah tee yong.....info and facts cannot converge but he continues with the story anyway....and second best of course is Awang Adek.....who reads the accusation facts right off a report without doing any homework....kakakaka

Hahaha Mr OTB ...knew u would enjoy the above reading....kakaka

The tolled highways were built at a cost of 26.4 billion and the operators have already raked in 37.7 billion and received another 2.1 billion in subsidies from the Govt. And they are planning to raise the rates again soon.

The Govt machinery of Barisan National is a system that benefits and enriches cronies with massively one sided contracts. It also ensures loyalty from a vote bank of 1.3 million civil servants who enjoy all kinds of benefits at the expense of the taxpayer. The tax system is designed to exclude the majority of civil servants from actually paying any tax. And Govt debt is going through the roof. In 2004, the total Govt debt was 217. As at 30th June 2011, it stands at 433 billion. Najib’s administration is milking us dry. And they are using our funds in the EPF to run all these excesses, to enrich themselves, and to bribe the civil service into loyalty.

We, EPF investors, are 12 million.

The Govt can reduce its subsidies for rice and sugar by opening up the market for other players, but no, both commodities are controlled by the same Govt crony. Syed Mokhtar Al Bukhary is the owner of all the companies mentioned above. Since this person took over the exclusive supply of these commodities in 2008, prices have doubled. This is despite the Govt’s subsidy of 60 cents per kilo of rice and 20 cents per kilo of sugar.

The Govt can easily buy the LDP highway for 1.5 billion ringgit, but no, it’s probably better that they continue to collect toll from us and receive 1.5 billion in subsidy from the govt. Our IPPs buy gas at 10 ringgit cheaper than companies in Thailand and 15 ringgit cheaper than Singapore (Per CuM) but the Govt still needs to feed them billions in subsidy.

Year after year after year, the Auditor General’s annual report details all the financial mismanagement in Govt depts. But nothing is done. Take this year’s AGs report for example. The MACC went into high gear and opened 36 investigation files to investigate all the rubbish. And the cases are now closed. They found no element of corruption or deceit. Another thing the AG highlighted is the treasury’s contingency fund of 1.5 billion is now only 79 million ringgit. 1.4 billion is missing…..

Recently the EU central bank agreed to extend financial aid to the Govt of Greece on the condition they adopt massive austerity measures and that the lenders take a haircut of 50% of all outstanding loans. After all, they continually lent to a borrower who showed absolutely NO commitment to cut expenses and begin to service their debts.
Just imagine if the EPF is asked to take a 50% haircut of their debts from the Malaysian Govt!

An even worse scenario was painted recently by Pakatan Rakyat when they reported that much of govt debt was unreported as it is largely hidden from public eye in the form of debt owing by Govt agencies.

Budget 2012 where it goes
Subsidies 22B
Corporate Subsidies 10B
Civil Service pay 64B
Development 51B
Operating Expenses 88B

As you can see above, the 433 billion owed by the Govt is represented by the red and Orange bars. On top of official figures, an additional 184 billion is owed by various Govt agencies.

Take a look here at another explanation,
So…. Is the EPF being looted?
I say yes it is. Let me explain how.

A summary on the 2012 budget is below,
Of the total 233 billion, total operating expenses is at 162 billion and over 64 billion is allocated for the civil service in pensions and wages. Of the massive 233 billion, only 51 billion is going to development, of which over 80% is to construction projects, designed to specifically benefit a few lucky fellows. And talking about lucky fellows, over 10 billion in subsidies paid for by us, are being paid directly to corporate bodies!

And how pray tell will they pay for all this? By borrowing of course! Do they even bother that it is we who will be paying for the debt servicing including interests? Najib even announced that employee’s contribution to the EPF will increase to 12% of salary. Which means even more will be tied up in the EPF in order to enable more borrowing! And if you earn less than RM 5,000, your contribution will increase to 13%.

These are indeed hard times for us, the people. And the Govt has done fabulously well to recognise this by granting pay increments of 7 to 13% to all Govt employees while carefully avoiding the minimum wage issue for private sector employees.

The Govt currently collects about 4 billion from the GST already in place. A one time payment of RM 500 to civil sector employees will cost the Govt over 2.6 billion.
Civil service remuneration cost 20 billion in 2004. This year it will cost 64 billion.

So the bottom line conclusion, again and again is the same. They are looting the EPF to please their vote bank of 1.3 million civil servants.

Hard times indeed… And yet DRB Hicom is buying 237 armoured personnel carriers from Turkey for RM 1.7 billion and selling it to the ministry of defence for RM 7.55 billion. The Malaysian Govt is buying 6 Littoral Combatant Vessels to enhance our Navy. These are the most advanced naval vessels in the world, able to shoot aircraft, ships and submarines… The ONLY other country that has such ships is the US navy. They have 2. We are buying 6 at a cost of 10 billion ringgit. The MRT can be built for 19 billion. But Idris Jala recently indicated that MMC Gamuda may incur more than the originally estimated cost of 54 billion to build it.

Enjoy reading....

My Friends, EPF in Trouble

Most Malaysians know that the government has been using EPF money. However, not many know that the majority of EPF's investments are actually loan to the Malaysian government. It would be okay if the government use money for productive purposes that give good returns. Unfortunately, that's not the case. Read the article & find out for yourself.

EPF annual report 2010
MGS 27%
Loans/Bonds 33%
Equities 35%
Money Market 5%
Is the EPF being looted?

On the 23rd of June 2011, the EPF (KWSP) tabled its annual report to the parliament, declaring a 5.8% dividend and explained that 27% of its investments were in Malaysian Government Securities (MGS) and 32% were in loans and bonds to Govt agencies. A simple chart below summarises the report. At RM 440.52 billion, the EPF is one of the largest funds in the world and represents the life time savings of 12 million private sector employees.

The question is why is it that over 60% of EPF funds are in loans to the Govt and Govt bodies? Is the Malaysian Government a good borrower?
Let’s look at the BN Govt’s financial record….

Below is a summary of the Govt’s annual deficits. The 2012 budget will mark the 15th year of budget deficit with no signal of financial prudence. And as you can see below, there have been supplementary budgets on top of the annual budgets every single year.
Govt debt as at Dec 2010 stands at 407 Billion ringgit. 60% of this or 240 Billion is owed to the EPF.

This means the BN Govt of Malaysia has already spent 60% of all your savings in the EPF!

After running deficit budgets for 14 consecutive years, and funding those deficits by borrowing, Malaysian Govt Securities (MGS) are rated at CC(-)ve. At CC minus, what is the annual yield? Folks, it’s an unbelievable.
3% and below!! Why? Because MGS are not auctioned!! There is a ready buyer for MGS and apart from the endless new PNB funds like the 1Malaysia bond, the main buyer of Malaysian debt papers is the EPF.

"Fair Value" rate for lower grade papers of single A and below is an annual yield of 5% and above. Greek Govt bonds for example are being traded at yields exceeding 21% per annum

The constitution of Malaysia caps Govt debt at 55% of GDP. As at 30th June 2011, Govt debt stands at 433 billion, which is 53% of GDP. At 55% the Govt will be officially in crisis and the constitution will need to be changed to increase borrowing and possibly even require a bail out.

Hahaha

Akusyok, you begin to sound like ranger.....one dimensional.."

Next hah...Akusyok yang OKU Ini will tell you the Malaysian debt is becoz of PR if PR win.....memang cacao otak budak ni

Akusyok, u memang OKUlah....(otak kurang upaya), the Bangla problem, Nepalese problem, Indonesia problem,....look lah at the home minister yang approve these ppl even Pak Hitam fr afrika. U think they can get in if taukeh want them?

You corruption can happen if the officials refuse to accept?....memang OKU

Hahaha....again my present to BN.....Zul noordin, Zahrain, Gobala,.....nah ambillah....

AJ , you are so funny.....me too I am sick of watching old man pornography by BN....aiya show lah Nurul Kakakaka.....

The latest on Pas senior leader really makes me sick.....

Relax Samuel....the KLCI will be up until few days before the polling date....in fact it will go up during April 20 nomination....

Yes better go easy mate.....if Khalid not the MB, I would not be confident. I only see from his Guthrie track record he knows what he is doing....

http://www.malaysia-chronicle.com/index.php?option=com_k2&view=item&id=84792:khalid-will-not-defend-ijok-pkr-to-field-idris-ahmad-instead&Itemid=2

And Bingo, to take it a step further, you can also be sued by the blog owner for sharing indescriminately. Double jeapordy...!! Blog owners can be sued but it will be a long case depending on a lot of factors. But for you to take an info out of the blog and share it on a public domain like a forum, this can b taken as a case. I m sharing this w you since you don't sound as if u are aware...!

FYI bingo, even if the material and links are not yours, you are still liable for the sharing if they come after you. Under code of responsible sharing and based on the understanding what u are sharing, you are as good as the writer of the blog. Pls be informed and be adviced.

Anbz, ur the man....esp the last statement....I may support a certain party but just don't get carried away....

This forum getting very scary.....I think I must start a topic on full moon or election fever that is getting everyone worked up....lol

OTB, what I wrote is all from here in the forum lah....why do u say I lie?

Didn't you write the above ? Didn't you threaten to sue? Didn't Lmf_hau threaten to death to Ryanc because he defended you?
Pls clarify before u say I lied ok! Below fr lmf_lau...
I m dissapointed you support the below behavior....

Stock: [L&G]: LAND & GENERAL BHD
Apr 11, 2013 11:45 AM | Report Abuse

Ryanc,

Pls dont confrance with Add-Maths Scorer , otherwise , u will die very urgly.

^^ ....

History:-
Good strong buy recommendation by Add-Maths Scorer in Yr June 2011 - Mitra , which just b4 ex-date of bonus issue , FOC warrant ,
Maths calculation is worthy 77c at least.....

Slow slow and steady mah......he in the millions already in the scomi shares

Aiya Mr OTB, now you threaten to sue. Earlier LMF_hau defended and threaten Ryanc with death. Pls don't breed hatred here lah. You did say the below didn't you??



Stock: [KHSB]: KUMPULAN HARTANAH SELANGOR BHD
Apr 2, 2013 04:16 PM | Report Abuse

All my clients and students are buying, buy until no more money.

I am not here to promote this stock, final decision is yours.

Thank you.

Ooi

But Bingo, Ranger says he cannot be bullshited.......after all the info straightforward and not rhetorics, the stupid fella still thinks he is smart. He dissapeared since 5.25pm after I ask him to listen to BFM....hahahahaha

Just wondering why no one rebut this guy....MC hammer, pls understand that ur argument written below has no source of the problem. The problem is not abt tol but the enrichment of the cronies that BN has pick and my guess is a mutual > 200% gain if concession continues...while you worry about Kelantan...u should also be most concern about outflow of money thru this enrichment because, Kelantan should get their oil royalty by right. While this is not given to them , and your concern is tar road, sorry to say, you are easily satisfied while the masters to be continue to play their strings in this puppet show....



Posted by Mat Cendana > Apr 10, 2013 06:30 PM | Report Abuse

Hapuskan tol...? That's very easy to say. So who is going to reimburse those who had invested money to build and maintain the expressways? If you say "the government" or "Petronas", that means the money will still have to come from somwhere. If the government takes over, that means those in Bukit Panau, Tanah Merah, Kelantan who would never use the tolled roads are indirectly paying for those who use them every day. I would be happy because I'm in the Klang Valley and use NKVE, DUKE etc. a lot of the time. But would it be fair to everyone?

Ranger begitu bodoh, he takes half an hr to understand a podcast.....just go lah to BFM and look for podcast on ISIS and Refsa.

I like the statement below best..
he says PR cannot cheat him but can cheat other people implying he is smart.....errr....his last reply was 20 minutes ago....still cannot understand the podcast I guess....hahahahaha



Ranger
News: Dr Mahathir: Malaysia's debt still healthy
Apr 12, 2013 05:25 PM | Report Abuse

PAKATAN is well known for making slanderous remarks, including bullshitting. U can cheat the man on the streets but NOT me!!!!

U Ranger betul betul buta, lagi bodoh. And now with info and stats start reading and start understanding type of debts and how govt conceal.....luckily BFM is podcast and u don't need to read because u are so stupid u may get it wrong.......lol

Read first So Hai Ranger and learn from the analyst and researches with stats....otherwise u really look like a so hai and worst the Babi rider.....lol

Looks like So Hai Ranger you don't read or understand business and GDP. This debt is recorded on podcast at BFM....by two org Refsa and ISIS.....don't just take someone's info and understand with little facts and then start to talk as if it's true.....because when u do so, it reflect on BN and ur stupidity....Kakakaka,a

Is this ranger or skyboyman ?

http://omakkau.blogspot.com/2013/04/ada-penyokong-tegar-umno-berjanji-mau.html

How ar to see blind spot?

I hadiahkan....Zul Nordin, Zahrin, Gobala to BN....hahahaha

Hahaha diablo has the news but the timing is out...

And OTB says the market alredi factor in...what does the other analyse see.....


http://www.malaysia-chronicle.com/index.php?option=com_k2&view=item&id=79031:malaysia’s-stock-index-falls-sharply-ahead-of-election-announcement&Itemid=2

ALAM!

Tanya Melvin G....he is the spokesman....but quietly taro OTB behind...

No problem MelvinG.....exposing your deeds are my pleasure

Hahaha caught pants down again.....for MelvinG.....didn't know you can hentam ppl so well....I thought you like Ooi....Kakakaka. Don't tell me u didn't mean sat you say....

Bala's family missing.....


http://www.malaysiakini.com/news/225710

Melvin G, becoz OTB student did dump (not dumb) all their money as he says below Kakakaka


Ooi Teik Bee
Stock: [KHSB]: KUMPULAN HARTANAH SELANGOR BHD
Apr 2, 2013 04:16 PM | Report Abuse

All my clients and students are buying, buy until no more money.

I am not here to promote this stock, final decision is yours.

Thank you.

Ooi