tag:blogger.com,1999:blog-11109306.post3321891882182718940..comments2024-03-29T11:50:34.283+08:00Comments on KTemoc Konsiders ........: Official debt figure is RM648 billion, not RM1 trillionKTemochttp://www.blogger.com/profile/09951253039042572381noreply@blogger.comBlogger29125tag:blogger.com,1999:blog-11109306.post-22778526533558822442018-06-02T00:27:33.419+08:002018-06-02T00:27:33.419+08:00And what's the difference to the herd mentalit...And what's the difference to the herd mentality by Penangites onto LKS & DAP? Talk is cheap and promises are cheaper, but Kelates & Tganus aren't taken by your master's forked tongue. PAS have said next will target Perlis and Kedah. Your aneh PM will be isolated on his little island.johnhttps://www.blogger.com/profile/17608240470483530143noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-33064153291975582642018-06-01T16:56:06.469+08:002018-06-01T16:56:06.469+08:00Former AP Queen wants her old job back. Or at leas...Former AP Queen wants her old job back. Or at least its perks without actually working.johnhttps://www.blogger.com/profile/17608240470483530143noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-45680892831231588062018-06-01T16:55:00.352+08:002018-06-01T16:55:00.352+08:00If you take a house loan, do you consider it as a ...If you take a house loan, do you consider it as a debt or a liability? <br /><br />Get things clear, all debts are liabilities but not all liabilities are debts. Your house loan is not considered as debt but liability, as long you continue to pay. And even if you abrogate to pay, the debts can be catagorised as healthy debt or bad debt. If the house auction price is positive the remaining loan, then its healthy. Otherwise if its below the loan amount then its bad debt. <br /><br />So far, Official Debt at RM 687Billion (what LGE said, not me) to GDP is at 51% and liabilities are long term, much of it tied to their holdings onto Prasarana (owner & operator of MRT1 & 2, LRT1 & 2, Monorel, RapidKL buses, RapidPenang buses, RapidPenang ferries, RapidKuantan buses, etc). <br /><br />These are rakyat initiatives which aren't intented to be profitable in short-medium term (some would say public transports should never be profitable otherwise its just sucking the users). <br /><br />Another liability happens to be due to Mahathir's legacy, Govco, which was setup to rescue Proton's debt situation. As the founder of Proton which culminated in the previous Government having to bear Proton via Govco, can Mahathir take responsibility and pay off Govco's liabilities from his vast sum of money?johnhttps://www.blogger.com/profile/17608240470483530143noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-78820498545936675742018-06-01T15:58:33.581+08:002018-06-01T15:58:33.581+08:00Yeah....john because herd mentality at the spur mo...Yeah....john because herd mentality at the spur moment by kelantanese and terengganu lang. Try next election. Die die pas will lose everything and finally mampusTimloohttps://www.blogger.com/profile/02746956394295164823noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-75656616890472476752018-06-01T15:58:22.291+08:002018-06-01T15:58:22.291+08:00http://anotherbrickinwall.blogspot.com/2018/05/goe...http://anotherbrickinwall.blogspot.com/2018/05/goebbel-esque-rm1-trillion-national.htmlUnknownhttps://www.blogger.com/profile/10210020897395110667noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-32560815715160772452018-06-01T14:22:00.428+08:002018-06-01T14:22:00.428+08:00And they loved him back in last GE. So what are yo...And they loved him back in last GE. So what are you trying to say? That Penangites too, once kicked LKS in the groin during 1999 GE and now loved him back, so must mean LKS screwed big time?johnhttps://www.blogger.com/profile/17608240470483530143noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-39672162472385751832018-06-01T13:49:43.972+08:002018-06-01T13:49:43.972+08:00https://mocsarawak.wordpress.com/2010/10/28/anwar-...https://mocsarawak.wordpress.com/2010/10/28/anwar-lodges-police-report-over-bakun-dam-corruption/Unknownhttps://www.blogger.com/profile/10210020897395110667noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-19786740801185245992018-06-01T13:49:04.183+08:002018-06-01T13:49:04.183+08:00Ting's multi-billion project: Analyst rues sha...Ting's multi-billion project: Analyst rues shades of yesteryear crony capitalism<br />http://www.freemalaysiatoday.com/category/nation/2018/06/01/ting-pek-khiing-once-again-making-waves/Unknownhttps://www.blogger.com/profile/10210020897395110667noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-50867465777386558712018-06-01T12:19:10.759+08:002018-06-01T12:19:10.759+08:00Let's be clear. China's interest in Malays...Let's be clear. China's interest in Malaysia is not the HSR, ECRL, Bandar Malaysia, any sea port, Iskandar, Musang King durians etc. What they really want is Malaysia to accede to their territorial claim over the South China Sea. If we allow them to build all these projects (esp with money borrowed from them) we will be in no position to offer any resistance to their territorial claim. These "investments" are handcuffs.TShttps://www.blogger.com/profile/04528899955512771860noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-61801230383748829772018-06-01T12:07:29.677+08:002018-06-01T12:07:29.677+08:00Stop issuance of APs to cronies immediately. The r...Stop issuance of APs to cronies immediately. The relevant Ministry sell the APs and give all proceeds to Treasury.TShttps://www.blogger.com/profile/04528899955512771860noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-42558702808003634102018-06-01T11:52:17.363+08:002018-06-01T11:52:17.363+08:00Here's something to educate yourself
https://t...Here's something to educate yourself<br />https://thecoverage.my/news/rm1-trillion-national-debt-propaganda-figure-exactly-whole-world-measures-debt/<br /><br />"It’s a convenient way to blame someone while they are down and a convenient excuse to use if they themselves cannot deliver.<br /><br />One stone, two birds. The economy be damned as long it is a good political move for them."johnhttps://www.blogger.com/profile/17608240470483530143noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-35697472007294157112018-06-01T11:06:29.356+08:002018-06-01T11:06:29.356+08:00You manage your own state la? Hadi awang screwed b...You manage your own state la? Hadi awang screwed big time during his fucking tenure as mb. Terengganu folks kicked hadi groin in 2004 geTimloohttps://www.blogger.com/profile/02746956394295164823noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-44608159946657251892018-06-01T10:17:58.682+08:002018-06-01T10:17:58.682+08:00Methink, the crowdfunding exercise is just a PR ex...Methink, the crowdfunding exercise is just a PR exercise in promoting patriotism among Malaysians and uniting Malaysians once again, after a bruising and bloody election battle with so much racial and religious mud being said and thrown at each other. <br /><br />The amount collected will not significantly reduce the national debt whether it is RM 600+ or RM 1000+ billions according to whosoever wish to believe. <br /><br />The Rakyat are already squeezed before and after GE14, more so among the B40 and the 7 million plus households receiving the BR1M (new name BSR)and it's quite obvious the amount collected from the Rakyat would be small unless all corporations, companies, business entities, civil societies, NGOs, religious bodies also chipping in.<br /><br />A more effective method would be to sell or flog off Govt. assets be they land, properties, companies, rights, licenses etc. <br /><br />Closing down of those ineffective depts or reducing wastages, leakages or downsizing personnel are just to stop the bleeding of current Govt. expenditures which is already humongous comparatively to population size. It does not reduce the overall debts in the short term.<br /><br />Govt. Assets belong to all Malaysians and not to any particular race or religion or tribes or persons and should be the obvious solution and palpable to all Malaysians in reducing the overall debt of the Nation significantly by several hundred billions easily.<br /><br />That I believe will be the PH Govt. headed by TDM next significant move in boosting back the financial status and fulfilling their PH manifestos promises to the Rakyat.Nostradamushttps://www.blogger.com/profile/02789487637995258318noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-88920467750383689482018-06-01T09:40:27.858+08:002018-06-01T09:40:27.858+08:00Don't insult the bananas because kaytee is wor...Don't insult the bananas because kaytee is worse than a banana langTimloohttps://www.blogger.com/profile/02746956394295164823noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-37923153246002156822018-06-01T05:44:21.495+08:002018-06-01T05:44:21.495+08:00Just to give a perspective of how long 385 years i...Just to give a perspective of how long 385 years is, well 385 years ago, ie in 1633, the Portuguese were still ruling Malacca, the United States was not yet in existence and the Bugis people of Sulawesi had not yet intruded Malaya. That's how long it will take Malaysians to pay off the 1T debt and liabilities that the BN government has accumulated for us. Meanwhile the fleet of luxury cars in the basement of the Pavilion which were missed by King Sinngh, possibly more "wedding gifts", have not been valued yet. That might shorten the payback time by a couple of days.TShttps://www.blogger.com/profile/04528899955512771860noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-35685033254160961682018-06-01T01:18:52.946+08:002018-06-01T01:18:52.946+08:00Congrats Malaysians. You just made LGE an 8 millio...Congrats Malaysians. You just made LGE an 8 million Ringgit man. Now he certainly can afford for a bungalow with swimming pool and hence his bungalow scandal no longer has locus standi. Don't ask him how he will spend the money because he can't rely on his calculation skills, even if his life depends on it.johnhttps://www.blogger.com/profile/17608240470483530143noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-11982311420279169262018-06-01T00:01:48.900+08:002018-06-01T00:01:48.900+08:00
Again......its all about defending his master naj...<br />Again......its all about defending his master najib at all cost......cheebye kaytee.<br /><br />And if its najib is the mastermind behind the death of teoh beng hock, kaytee would deny it.Timloohttps://www.blogger.com/profile/02746956394295164823noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-29106469084527206072018-05-31T22:26:00.055+08:002018-05-31T22:26:00.055+08:00https://www.thestar.com.my/news/nation/2018/05/31/...https://www.thestar.com.my/news/nation/2018/05/31/massive-dubai-like-reclamation-project-planned-for-langkawi-by-bakun-dams-ting/Unknownhttps://www.blogger.com/profile/10210020897395110667noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-33004465276805966342018-05-31T22:07:10.670+08:002018-05-31T22:07:10.670+08:00Liability is liability, no matter what u call it. ...Liability is liability, no matter what u call it. It's the money u owned & need to repay.<br /><br />Creative accounting based on international standards (anmokauxai interpretations) &/or whatsoever label u make, DONT hide this fact!<br /><br />Normally, one ONLY employs such confusing scheme when one intends to cheat.<br /><br />Such operation will no last!CKhttps://www.blogger.com/profile/16423926161945889390noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-84136713619364565402018-05-31T22:03:28.543+08:002018-05-31T22:03:28.543+08:00Both the PM and the FM were correct in disclosing ...Both the PM and the FM were correct in disclosing to their most important shareholders, the People of Malaysia , the true extent of the legally binding financial liabilities that Malaysia faces.<br /><br />It is RM 1 Trillion , because that is What We , our Children and grandchildren will be paying. <br /><br />It is NOT RM648 billion. <br /><br />If we only manage to pay RM 648 Billion , THEN we will someday face a National Default, like Argentina and Greece. <br />If we get to that point the Ringgit will be usable only as toilet paper.<br /><br />Enough Accounting Hide and Seek.Monsterballhttps://www.blogger.com/profile/05482725674818312298noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-17120134041563718442018-05-31T21:56:27.894+08:002018-05-31T21:56:27.894+08:00By the same principle 648B with interest comes out...By the same principle 648B with interest comes out to 1T.TShttps://www.blogger.com/profile/04528899955512771860noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-5460161823585346212018-05-31T21:54:59.646+08:002018-05-31T21:54:59.646+08:00Najib insisted the HSR project was no more than 72...Najib insisted the HSR project was no more than 72B. LGE then explained to the former Finance Minister the principle of interest in accounting. After interest, which we do have to pay, it comes out to 100B.TShttps://www.blogger.com/profile/04528899955512771860noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-70384420231038611692018-05-31T21:50:54.884+08:002018-05-31T21:50:54.884+08:00How much would a bail bond for the world’s biggest...How much would a bail bond for the world’s biggest kleptocrat be? Would that person need to crowdfund to raise the money ?TShttps://www.blogger.com/profile/04528899955512771860noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-34869562798155277102018-05-31T21:48:30.523+08:002018-05-31T21:48:30.523+08:00Najib should give TDM the phone number of that elu...Najib should give TDM the phone number of that elusive Arab prince. We could do with a large donation now. Or donate that 114 million.TShttps://www.blogger.com/profile/04528899955512771860noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-50683246328943454302018-05-31T21:40:14.582+08:002018-05-31T21:40:14.582+08:00The entire country can manage to donate 7 x 365 = ...The entire country can manage to donate 7 x 365 = 2.6 billion in a year.<br /><br />But if only one man had kept the 2.6 billion donated to his bank account instead of returning it Malaysia can settle the 1T in 384 years instead of 385.TShttps://www.blogger.com/profile/04528899955512771860noreply@blogger.com