tag:blogger.com,1999:blog-11109306.post6288907237326320937..comments2024-03-28T22:45:25.910+08:00Comments on KTemoc Konsiders ........: Silence of Lamb (-paa-less) DAP in face of Mahathirism ReduxKTemochttp://www.blogger.com/profile/09951253039042572381noreply@blogger.comBlogger17125tag:blogger.com,1999:blog-11109306.post-77282654153655559462018-12-12T16:33:38.799+08:002018-12-12T16:33:38.799+08:00He is neither innocent nor guilty. Let the court d...He is neither innocent nor guilty. Let the court decides.Unknownhttps://www.blogger.com/profile/03431352248378490137noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-27096115472672546672018-12-12T12:43:46.840+08:002018-12-12T12:43:46.840+08:00Ahh...Rocketman...I didn't forget you, althoug...Ahh...Rocketman...I didn't forget you, although I was still in the my twenties when I read all your writes a few years back. You are much missed, that's the truth.JJhttps://www.blogger.com/profile/04060018986184195373noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-83304901205597637562018-12-12T12:24:46.282+08:002018-12-12T12:24:46.282+08:00https://www.thestar.com.my/news/nation/2018/12/11/...https://www.thestar.com.my/news/nation/2018/12/11/spv-under-mof-to-take-over-rm19_9bil-underperforming-assets-from-tabung-haji/<br /><br />Well... alleged "Mahathir Lapdog" Lim Guan Eng has carried out the first Mega Bailout of Mahathir 2.0.<br />RM 30 Million cannot give to TAR Kolej, but RM 19.9 Billion takeover of Tabung Haji toxic assets OK. <br /><br />So Tabung Haji gets a clean new balance sheet, and taxpayer gets RM 19.9 Billion (on paper) of goodness what assets likely worth a tiny fraction of that.<br /><br />And the Malays won't even thank you.<br /><br />From my going the rounds this week, there is a near complete lack of outrage amongst Malays over the rape of Tabung Haji by the previous Najib Administration, as well as Hadi & Pus silence.Monsterballhttps://www.blogger.com/profile/05482725674818312298noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-73654477289412723532018-12-12T12:07:20.259+08:002018-12-12T12:07:20.259+08:00Audit reports do get amended from draft to final p...Audit reports do get amended from draft to final publication.<br />It happens with the private sector as well.<br /><br />If the auditors wrote something that is factually incorrect, the officers of the audited company have the right to request amendments. <br />Or auditors wrote something that is strictly a subjective opinion, where the facts are unclear or could be reasonably interpreted in other ways, there is room to have the report amended.<br /><br />In this case it appears to be a clear-cut suppression of critical facts regarding 1MDB from Draft to Final Report. <br /><br />Najib and Arul Kanda stood to gain from the suppression of critical facts, Najib politically and god knows what financial gain, and Arul Kanda for lucrative gain. <br /><br />That would be grounds for prosecution of criminal fraud.<br /><br />The former Auditor General Ambrin Buang has his professional reputation destroyed , but he may escape prosecution. <br />It is unclear what personal gain he made from agreeing to amend the Audit report, and his "I had no choice but to follow orders" may be a morally objectionable but legally acceptable defence.Monsterballhttps://www.blogger.com/profile/05482725674818312298noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-60713122598678772262018-12-12T11:43:09.509+08:002018-12-12T11:43:09.509+08:00Long time haven't been back here...I don't...Long time haven't been back here...I don't want to comment here, as I think the blog owner is wrong to treat this new administration as simply the return of Mahathirism.<br /><br />I resisted Mahathirism for decades. <br />The corruption, authoritarianism, the brutal suppression of the Reformasi protests were all part of my journey from a Corporate worker into politics.<br /><br />I'm pretty much retired from work as well as politics.<br />Penang is in safe hands, Putrajaya a little less so , but it is important this becomes a Pakatan Harapan administration, and not just a Mahathir administration.<br /><br />I for one am very glad, and still very glad the Najib regime is gone.<br />Najib wasn't just the same as Mahathir. <br />Najib took the debasement of Malaysian institutions to new depths of depravity, something we were just yesterday continuing to uncover.<br /><br />So, if Kua Kia Soong wants us to stop bashing the last prime minister because he is already in the hands of the AG’s Chambers and the courts, he is wrong. The depth and extent of the deceit and corruption of Najibism is Still being newly unearthed.<br /><br />That is on top of other misdeeds which are outside the realm of criminal law, more wrongs of governance and integrity.<br /><br />PKR, DAP and Amanah have a real chance to build a different Malaysia.<br />Pribumi should not try to be UMNO 2.0 by simply coopting frogs.<br /><br />The government's handling of the anti-ICERD rally, though I strongly disagreed with the group's objectives, was exemplary. <br />No tear gas was fired, no water cannons sprayed, no arrests were made.<br /><br />Of course , the all-Malay participants would ensure the government would tread carefully. But the Reformasi protests, Bersih , Bersih 2.0 , Bersih 3.0 all had heavy Malay participation, and that didn't stop the BN Government (Mahathir-led in the 1st case) from suppressing the protests violently.<br /><br />I don't consider this administration Mahathirism-redux, though there is certainly a risk of backsliding, which PKR and DAP, especially must be ready to resist. <br /><br />Cheers...here's to a different Malaysia. Its not guaranteed , but we do have a chance, where there was none.Monsterballhttps://www.blogger.com/profile/05482725674818312298noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-44567552759533648882018-12-12T11:03:24.682+08:002018-12-12T11:03:24.682+08:00Arul Kanda Arrested and Charged. Let's Celebra...Arul Kanda Arrested and Charged. Let's Celebrate and Have a Good Time !!<br /><br />https://youtu.be/3GwjfUFyY6M<br /><br />QUOTE<br />Celebration<br />Kool & The Gang<br /><br />Yahoo! This is your celebration<br />Yahoo! This is your celebration<br />Celebrate good times, come on! (Let's celebrate)<br />Celebrate good times, come on! (Let's celebrate)<br />There's a party goin' on right here<br />A celebration to last throughout the years<br />So bring your good times, and your laughter too<br />We gonna celebrate your party with you<br />Come on now<br />Celebration<br />Let's all celebrate and have a good time<br />Celebration<br />We gonna celebrate and have a good time<br />It's time to come together<br />It's up to you, what's your pleasure<br />Everyone around the world<br />Come on!<br />Yahoo! It's a celebration<br />Yahoo!<br />Celebrate good times, come on!<br />It's a celebration<br />Celebrate good times, come on!<br />Let's celebrate<br />We're gonna have a good time tonight<br />Let's celebrate, it's all right<br />We're gonna…<br />UNQUOTETShttps://www.blogger.com/profile/14536181190331052335noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-90647303705871161232018-12-12T09:42:33.767+08:002018-12-12T09:42:33.767+08:00Do u honestly think these zombies/ketuanan freaks/...Do u honestly think these zombies/ketuanan freaks/blur-sotongs care about what have been disclosed for the world to see?<br /><br />Bloody leaching opportunist having more than RM190M in single account in LTH!. Just consider a normal dividend payment of 5%, this rent-seeker collects RM9.5M annually - free from tax & with principle fully guaranteed by govt in any eventuality.<br /><br />Expand this manna-buta exploitation to the remaining 1.3% (117,000 zombie elites) of the LTH contibutors, who collectively owned >50% of ALL the LTH deposits of RM70.78B, one sees a wholesale sapu-ing of the B40's humanistic handouts by the govt!<br /><br />The story DOESN'T end here. From the book ≪The Colour of Inequality: Ethnicity, Class, Income and Wealth in Malaysia≫ written by Muhammed Abdul Khalid, one also sees the similar display of wanton cannibalisation of the PNB schemes of helping the B40 melayu by their alifbata chanting elites.<br /><br />The mom has an honest piece:<br /><br />https://www.malaysia-today.net/2018/12/11/the-disaster-called-tabung-haji-and-many-more-to-come/<br /><br />In which he describes CORRECTLY & FACTUALLY about these B40 uplifting schemes as nothing but a large scale Ponzi scheme.<br /><br />Now, finally the wolves r coming back to the lair for their hunger urge for manna-buta, when there is nothing out there for them to sapu!<br /><br />Serve u RIGHT - including some of those self-trumpetted god fearing, spurious maruah championing & kindred-leaching melayu commentators HERE!<br /><br />Ooop… my Iranian associates told me once, when the fanatical theocracy came back to Iran, the first group of the people to cabut is those blood fleshing elites, then the educated one & then the liberal youth.<br /><br />CBMFers, which category u belong when the bolihland Islamic state is formed?CKhttps://www.blogger.com/profile/16423926161945889390noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-29012115984998407122018-12-12T09:36:55.607+08:002018-12-12T09:36:55.607+08:00told u before, I did NOT fCk yr mumtold u before, I did NOT fCk yr mumKTemochttps://www.blogger.com/profile/09951253039042572381noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-75040172620834200532018-12-12T06:35:36.613+08:002018-12-12T06:35:36.613+08:00Accepted hands down.Accepted hands down.Unknownhttps://www.blogger.com/profile/03431352248378490137noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-91457116506737364502018-12-12T00:36:56.503+08:002018-12-12T00:36:56.503+08:00Dedak donator.....Najib to Kaytee cheebye motherfu...Dedak donator.....Najib to Kaytee cheebye motherfucker......admit it la.....cheebye kaytee<br /><br />Timloohttps://www.blogger.com/profile/02746956394295164823noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-21817393035256797942018-12-11T21:40:37.423+08:002018-12-11T21:40:37.423+08:00......This government-backed get-rich-quick scheme.........This government-backed get-rich-quick scheme that started almost 50 years ago can only last as long as they can continue getting shares at below market price and sell them at double or triple the cost price. Once that ends — such as companies are not being listed, you can no longer get millions of listed shares for a song, or the stock market is not booming — then you will start seeing the house of cards fall. Today, Tabung Haji is the first victim. Many more victims are around the corner, maybe even PNB. The government cannot admit that their 50-year get-rich-quick scheme has hit the end of the road. They will need to blame ‘mismanagement’ and ‘abuse of power’ as the reason. But the real reason is the government was using (abusing) the NEP as the excuse to squeeze businessmen for cheap shares which they then sold for 100% or 200% profit.<br />UNQUOTETShttps://www.blogger.com/profile/14536181190331052335noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-72715263443738887342018-12-11T21:40:21.406+08:002018-12-11T21:40:21.406+08:00Mahathirism v1 is water under the bridge. Badawi &...Mahathirism v1 is water under the bridge. Badawi & Najib had 15 years to nail Toonsie after he stepped down....BUT THEY DIDN'T. NOW IT IS TOO LATE. STIFF SHIT. Malaysians have "forgiven" Toonsie. That's why he won GE14 and four by-elections after that. Malaysians have voted CHAPATI as their favourite food. Now the flavour of the day is...TABUNG HAJI, to be followed by other GLCs.<br /><br />QUOTE<br />This government-backed get-rich-quick scheme that started almost 50 years ago can only last as long as they can continue getting shares at below market price and sell them at double or triple the cost price. Once that ends — such as companies are not being listed, you can no longer get millions of listed shares for a song, or the stock market is not booming — then you will start seeing the house of cards fall. LUTH or Lembaga Urusan Tabung Haji (now called LTH) started out as a savings fund. Poor fishermen, farmers and land settlers (or even civil servants) could not fork out RM3,000 or RM4,000 in one go (what it cost back then) to pay for the cost of performing the Haj or pilgrimage. So, they deposited the money, say RM10 or RM20 a month, in LUTH and maybe after 20 or 30 years the amount saved would be enough to go to Mekah. <br />But then RM10 or RM20 today will be worth less in 20- or 30-years’ time if the money sits idle and does not grow. For example, inflation would eat into your capital and, by 20- or 30-years’ time, your money would lose maybe 90% of its value. LUTH, therefore, must pay at least 8.5-9.5% in dividends to make it worth saving that money. Tabung Haji is a house of cards, like many other trust agencies or unit trusts. The same went for PNB, LTAT, and many more. They need to pay at least 8.5-9.5% to make it worth investing your money in these unit trusts or trust agencies. PNB, LUTH, LTAT, etc., are practically government-guaranteed. You are sure of getting more returns on your investment than what the banks give for fixed deposits. And the government does this by ‘abusing’ the New Economic Policy or NEP. When companies list their shares, they need to allocate at least 30% of their shares to Bumiputeras. The government-backed GLCs or trust agencies then pick up those Bumiputera shares at par (the shares are not supposed to go to individuals although since Mahathir’s-Daim’s-Anwar’s time some do slip through the floorboard and end up in the hands of individuals). Is Permodalan Nasional Berhad or PNB going to be the next to fall? Let us take TNB as one example. The GLCs, PNB, LUTH, LTAT, etc., get TNB shares at par value and then when the shares double or triple in price they sell off part of the shares to service dividends. The balance of the shares would now be fully paid or free of charge and there would be enough cash to pay the 8.5-9.5% dividend to the investors. Basically, you get shares cheap or below market value, you ‘play’ the market, you sell off some shares at a huge profit to generate cash while still retaining a substantial number of shares as long-term investments, and so on. And that is why the government cannot end the NEP even though it was supposed to end more than 28 years ago in 1990. If the NEP ends then the government cannot ‘squeeze’ listed companies for 30% of its shares at cheap-sale price. Then the GLCs and trust agencies cannot continue to pay 8.5-9.5% dividends — or else will have to pay the 8.5-9.5% dividends and lose money, like what happened to Tabung Haji and most likely many more GLCs and trust agencies (but thus far we are not being told about the other disasters). The listing of TNB and many other GLCs made many trust agencies rich, which was how they serviced the 8.5-9.5% dividends.....TShttps://www.blogger.com/profile/14536181190331052335noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-83914848509667885222018-12-11T21:31:52.218+08:002018-12-11T21:31:52.218+08:00Mighty rich coming from the author of a blog which...Mighty rich coming from the author of a blog which is now just a dedak earner attack dog in favour of Men 24x7Monsterballhttps://www.blogger.com/profile/05482725674818312298noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-18126519674141129992018-12-11T21:20:18.264+08:002018-12-11T21:20:18.264+08:00anyone who doisagrees with your idol (dedak donato...anyone who doisagrees with your idol (dedak donator) is pursuing a personal vendetta etc etd, yawnnnnnnnnnnnnKTemochttps://www.blogger.com/profile/09951253039042572381noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-63931521770100956452018-12-11T21:12:32.132+08:002018-12-11T21:12:32.132+08:00In fact Kua has been bitching against Pakatan Hara...In fact Kua has been bitching against Pakatan Harapan long before the elections, and certainly right from May 10. <br /><br />So this latest bitching whingeing is simply the continuation of a personal vendetta.Monsterballhttps://www.blogger.com/profile/05482725674818312298noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-15257997676881374302018-12-11T20:53:38.944+08:002018-12-11T20:53:38.944+08:00All these 马后炮 (f*cked hindsight) comments when he ...All these 马后炮 (f*cked hindsight) comments when he himself can't even hold on to a small party post amongst politikus-ish competitions!<br /><br />Talk is cheap when one knows all one needs to do is fart.<br /><br />Prove yr worth first lah by able to hold on to a position of power. Otherwise, u r only just enjoying yrself in yr own flatulence surrounding.<br /><br />Bloody useless spurious bleeding heart trying to earn his 2cent worth of self-indulgence.CKhttps://www.blogger.com/profile/16423926161945889390noreply@blogger.comtag:blogger.com,1999:blog-11109306.post-59827146405264209932018-12-11T19:52:25.962+08:002018-12-11T19:52:25.962+08:00overall, i think mahathir is doing fine, he sound ...overall, i think mahathir is doing fine, he sound lack authoritative n more rational, i just hope others in ph would speak up from time to time, their silence is the main reason a dictator emerge. HYhttps://www.blogger.com/profile/13569953968996951830noreply@blogger.com