My Anthem

Wednesday, June 06, 2012

FMT mouthing RPK's allegations against then DPM-Finance Minister Anwar Ibrahim...

BUT I WOULD REPRODUCE a good rebuttal which I endorse fully  from among the commenters ( Y Tham, Thanks! ~~ YL  at m2day )to state the case against RPK and its cohort freemalaysiatoday.com.I used the word "cohort" wrt FMT vis-vis-vis RPK because I know for a fact that they both have a common funder in Datuk John Soh, ex-MCA youth chief who tried to rebuild his political career via PKR and was soon found out his agenda was close playing the role of a "Trojan horse" inassociation with Zaid Ibrahim-Jeffreey Kitinggan, etc. ~~ YL, Desi



Anwar covered up Bank Negara losses, says RPK


Tuesday, 05 June 2012 Super Admin
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The influential blogger said the former deputy prime minister had absolved Bank Negara of any wrong-doing in 1994, which prompted Lim Kit Siang to accuse Anwar Ibrahim of lying.
(FMT) - Former deputy prime minister Anwar Ibrahim was involved in covering up the multi-billion ringgit losses by Bank Negara some 20 years ago, blogger Raja Petra Kamarudin claimed.
In his blog posting yesterday, the blogger said that even DAP veteran Lim Kit Siang had called Anwar a liar in 1994 when the latter was alleged to have denied it.
“Lim raised the matter in Parliament back in the mid-1990 and Anwar denied it. Lim was so upset that he accused Anwar of lying to the august House,” alleged Raja Petra.
Raja Petra was responding to former Bank Negara deputy governor Dr Rosli Yaakop’s allegation two days ago, when the latter reportedly told a forum that there were four people involved in the losses amounting to RM30 billion suffered by Bank Negara between 1992 and 1993.
Rosli named former prime minister Dr Mahathir Mohamad, former Finance Minister Daim Zainuddin, former Bank Negara governor, the late Jaafar Hussein, and Minister in the Prime Minister’s Department Nor Mohamed Yakcop of being involved in the scandal.
He accused them of gambling recklessly on the foreign exchange (forex) speculation activities at the expense of Bank Negara’s assets.
It was said that Jaafar and Nor were trying to beat billionaire financial speculator George Soros in the forex speculation market.
When the matter was raised in Parliament in April 1994 by Lim, Anwar had denied it, saying he was “fully satisfied with the reasons” given by Jaffar for the Bank Negara’s forex losses.
Raja Petra said that Anwar’s attempt to cover up the losses itself is tantamount to him being involved in the scandal.
The blogger also queried Rosli, who is also a PAS member, on why he did not expose the matter in 1999, when he resigned from Bank Negara.
“Why after more than 10 years did he decide to speak up even though he has not offered any evidence to support his allegation?” asked Raja Petra.








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written by Y. Thiam, June 05, 2012 15:09:02
Dear Administrator, I am resending my comments below that I forwarded to you a little while ago, but I'm not sure if it reached you because I accidentally press some buttons. Thanks!

I would like to share my thoughts from a layman’s point of view as follows:

When the matter was raised in Parliament in April 1994 by Lim, Anwar had denied it, saying he was “fully satisfied with the reasons” given by Jaffar for the Bank Negara’s forex losses.

•It looks like the person who really tried to cover up the case was the late Jaffar Hussein, the then Bank Negara Governor. If Anwar was “fully satisfied with the reasons” and Lim had no evidence in hand or grounds to push the case further, Lim, being the astute politician he is, knew it was pointless to pursue the case presupposing that the four great-time gamblers had faultlessly and fully covered their tracks.

Raja Petra said that Anwar’s attempt to cover up the losses itself is tantamount to him being involved in the scandal.

•If what Anwar said was tantamount to him being involved in the scandal, I believe it should be proven, not assumed, that Anwar was privy to the case as well. Isn’t this stretching the matter? If not, couldn’t it similarly be said that Lim was “fully satisfied with the reasons” given by Anwar and therefore it was tantamount to Lim also being involved in the scandal? Certainly, no!

The blogger also queried Rosli, who is also a PAS member, on why he did not expose the matter in 1999, when he resigned from Bank Negara.

•I believe Dr. Rosli is no fool and neither was he “chicken.” He was not only careful and realistic but also smart and wise knowing that was not the right time to expose the matter then, unless he wanted himself and maybe his entire family persecuted by the authorities. Remember how Marina Yusof was mercilessly treated and punished after she challenged the PM then?

“Why after more than 10 years did he decide to speak up even though he has not offered any evidence to support his allegation?” asked Raja Petra.

•Probably, he is brave enough and he thinks it’s the right time to do so now. He knew and we wonder how many others with him knew about the nonsense that was going on in Bank Negara then even though they might not have access to the hard evidence. Did Bank Negara ever dabble in forex trading and lost billions as alleged? If it did, that meant it was an undeniable fact, the evidence notwithstanding. Maybe it’s time to get to the bottom of his horrendous felony. 



Tuesday, June 05, 2012

A WOMAN -- Who Is She?


It's a blistering afternoon and I could not go for my usual nap. Just then over ch 702 the flash for DIVA MOVIE -- A Woman came on. Ah, it's up my alley.


Five minutes into the movie, I got a feeling of "Deja Vu" -- oh, yes, I could tie up this narrative with the second half of the same I watched maybe a year ago? 

Yes, some 45minutes later I came to THAT PART when I first stumbled upon the movie, when the protagonist, a beautiful woman, arrived at a writer's deserted home by the sea, ah, so romantic, isn't it?


BUT it is romance plus a dark side to it, with all the half-light and flashes of a wife whom he refused to talk about BUT DAMNED LOVELY TOO, ESPECIALLY DOING THE SEXY TANGO MOVES! and at one stage the lady protagonist had asked of the man*** she just met at his BOOK READING, and after just four days (of dating?), accepted his invite back to Italy....***"WHO IS HE?"
(I sort of asked of her at the end of watching the movie: WHO IS SHE?)

Today's post is just an initial one, dan InsyaAllah, I will resume with further RUMINATION -- no, not in Rumi, steal in English! -- on Sunday. Yes, blessed Sundae is when Desi has a capitalist BF, followed by a bourgeosie continental lunch which gives much inspiration for mushy writHing. If it doesn't agree with you, hey, this is a democrazee world, GET THE HERE OUT OF HELL! ~~ YL, Desi

******************

With the arrivedesi of the Internet, one just has to Google, and I came up with this -- thanks to the writer -- so ENJOY the Cut&Pasta, italiano, No?

PS: I didn't realise the little word "Chiao" means also Goodbye besides what I normally thought is jest for "Hello, dare! My SWeET" at first sight on meeting Sophia Loren.

Willem Dafoe: 'A Woman' is pure, personal cinema'
This is an archived article that was published on sltrib.com in 2010, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.
Venice, Italy • Willem Dafoe says "A Woman," one of his latest projects, is the kind of "pure personal cinema" that he wants to keep on doing.
Dafoe plays a novelist devastated by his wife's death yet caught up in a new romance in the film by Italian director Giada Colagrande, his real-life wife.
The film noir starts out in nighttime Manhattan, and only gets dark under the harsh light of Italy's southern Puglia region, where the sun and the sea play menacing roles.
"It is quite pure personal cinema, and it is quite pure cinema, because it is an expression of what Giada wants it to be," Dafoe said in an interview this week at the Venice Film Festival, where the movie premiered in a section of Italian films.
"What it is is quite unusual, and something I want to keep doing," he added.
"A Woman" was one of two films in which Dafoe appeared in Venice. The 55-year-old actor also had a small part as Eddie, an American who witnesses the evolution of an orphanage for Palestinian children, in director Julian Schnabel's "Miral."
But the film he is busy promoting at the Lido is his wife's. It's her third film, and their second project together after "Before It Had a Name," which he also co-wrote. All three of Colagrande's movies have premiered at Venice.
There is something menacing in Dafoe's Max Oliver, as in many of his better-known roles, from Spider-Man's nemesis Green Goblin to the rat in Wes Anderson's "Fantastic Mr. Fox." But Dafoe says he doesn't think he is always cast as a villain.
"I think that is people's perception because the more widely seen movies, the more studio movies tend to function more in the dark way, as an antagonist. But if I look at my filmography, probably I play more heroes than bad guys," Dafoe said.
In "A Woman," it's not always clear who's the good guy and who's the bad guy. Max is in New York City promoting his new book when he falls in love with Julie, played by Jess Weixler, whose acting credits include appearances in the TV series "Medium" and "Law&Order" as well as films including "Teeth."
It's only when Julie accompanies Max to Italy, where he is working on a novel, that the mystery emerges. The Italian sequences are filmed under strong light, reflected in the beach where Julie sunbathes beneath a vertigo-inducing black-and-white swirling hat, and in the sprawling bleached stone villa where Max writes. Julie can't seem to escape the presence of Max's dead wife, Lucia Giordano, a beautiful tango dancer.
"I think all along in the story, lots of little possibilities are dropped. Some are developed, some are not," Dafoe said. "Giada, as she tells the story, makes room for the audience to join Julie's paranoia."
Dafoe said his Max "is very guarded. ... He's carrying a secret."
Colagrande said she was inspired by American noir films of the 1940s, where the plot functioned on a more subconscious and less overt level. She took inspiration from Hitchcock's "Rebecca" and "Notorious" as well as from the work of David Lynch and video artist Bill Viola.
"Noir is my favorite genre in films. ... That is always a source of inspiration and a reference for anything I write or I direct or have made so far," said Colagrande, 35. "In this case, the element I was attracted to from noir as well and other sources was the use of light and of the shade and the composition."
The contrast of dark and light is a key element of the film. New York represents a positive sort of mystery that turns foreboding under Puglia's strong light.
"The white part was more the properly scary part, the kind of negative mystery that drives to madness," she said.
In the same way, the sun and sea, usually beckoning fun and relief, play against character.
"The sun and the sea were basically the devils of our tale. It is really about a sense of belonging to those elements in a scary way," Colagrande said.
Dafoe and Colagrande, who married in 2005, said they will continue their professional collaboration but Colagrande didn't want to say what that those plans might be.
"I am superstitious and I can't talk about them," she said.
"A Woman" will screen in the Pusan Film Festival next month in South Korea. For the moment, the couple are working on finding the right distribution.
Dafoe is also looking forward to the release of another project, "John Carter of Mars," a return to animation with Andrew Stanton of Disney's Pixar Animation Studios. Dafoe previously worked with Stanton on "Finding Nemo," playing Gill, the wizened aquarium fish who helps Nemo to freedom.
In "John Carter of Mars," based on an Edgar Rice Burroughs graphic novel, Dafoe plays a 9-foot-tall Martian warrior.
"I think it is going to be an important movie. It's very big, it has lots of special effects, live action mixed with special effects," Dafoe said.

Hey, Malaysians wake up -- don't you believe the PM the EUROZONE CRISIS..

WON'T IMPACT ON MALAYSIA AT ALL!

Here's what scribe-lawyer Tan Siok Choo has cautioned in her column in the sun2surf.com today:~~~


Eurozone crisis - an immediate threat to Malaysia

WHEN Bill Clinton campaigned for the US presidency in 1992, he coined a catchphrase that is now part of America’s political lexicon – “It’s the economy, stupid!”
Clinton used this phrase to remind himself and his staffers the key issue for then American voters was a US economy stunted by escalating unemployment: from 5.5% in 1990 to 6.7% in 1991 and a high of 7.4% in the election year.
Given expectations Malaysia’s 13th General Election (GE13) could be held this year, politicians in this country instead of continually harping on undoubtedly significant political governance issues – should emulate Clinton and re-focus on the Malaysian economy.
For Malaysia, an immediate threat is the more than two-year Eurozone crisis that could also threaten the fragile US economy.
To be sure, Malaysia’s economy remains resilient. Bank Negara announced last week in the first quarter of this year (1Q 2012), Malaysia’s gross domestic product (GDP) expanded by a better than expected 4.7%.
This economic outperformance shouldn’t prompt politicians to prematurely conclude the Eurozone crisis’ impact on this country will be negligible. Moreover, Malaysia’s export data suggests caution is warranted.
In the same quarter, exports to two major markets fell – by 3.2% in China and by 5.1% in India. Although the magnitude is small, the downtrend is an amber warning signal.
On a year-on-year basis, China’s 1Q GDP cooled by 8.1% with government economists forecasting the worst is yet to come.
In India, GDP growth in the January to March quarter (the 4Q for fiscal year 2011-2012) tumbled, bringing the full-year figure to a nine-year low of 6.5%.
Two factors make the Eurozone crisis challenging. First, the Eurozone has no provision in its legal charter for any member to secede.
Second, the Eurozone is currently afflicted with top-level policy paralysis.
A major hurdle is Germany’s resistance to proposals that require German taxpayers to underwrite the cost of fully troubled Eurozone countries’ debt problems.
Additionally, the Eurozone crisis lacks a catalytic event like the Lehman Brothers’ bankruptcy in October 2008 that galvanised American policy makers into implementing two rounds of quantitative easing (QE).
By purchasing government securities and other assets, QE enabled the US Federal Reserve to increase money supply and boost financial institutions’ capital.
Some analysts believe a trigger point in the Eurozone crisis could happen on June 17 – the day Greek voters go to the polls just weeks after the inconclusive May 6 election.
In the May polls, voters punished the previously dominant New Democracy and Pasok for supporting austerity measures, resulting in both parties failing to win enough votes collectively to form the government.
An opinion poll shows about 65% of Greeks disagree with the austerity measures. This has prompted fears the anti-austerity Syriza party could emerge victorious in the forthcoming elect-ion – an outcome that could lead to Greece exiting the Eurozone, a likelihood dubbed “Grexit”.
Yet another worry is Spain. Nearly 25% of the population of the Eurozone’s fourth largest member is unemployed while its banks are overburdened by bad debt, following the bursting of a housing and credit bubble.
Recently, Madrid bailed out its biggest troubled lender, Bankia, and was forced to agree to a humiliating proposal – that outside auditors, rather than the Bank of Spain, should assess the country’s banks.
Analysts suggest the impact of a messy Grexit could be both catastrophic and widespread.
Since March alone, Europe’s travails have caused US stocks to fall by 6%, wiping out US$1 trillion (RM3.2 trillion) in America’s household wealth, JP Morgan says.
This loss, coupled with a strong US dollar has sliced roughly 50 basis points from US GDP growth this year, the report said. Searching for safe haven assets, panicked investors have abandoned the euro for the US dollar, causing the greenback to strengthen.
UBS analysts estimate Grexit’s total direct cost at €225 billion (RM893.8 billion), DekaBank suggests €50 billion (RM1.4 trillion) while Douglas McWilliams from the UK-based Centre for Economics and Business Research indicates the Eurozone’s unplanned breakup could exact a toll of US$1 trillion (RM3.2 trillion).
Economics professor Peter Morici predicts Grexit could shave as much as one percentage point off US growth and tip the American economy back into recession.
Furthermore, European banks could slash their lending worldwide. They have lent more than US$6 trillion (RM19.2 trillion) to the rest of the world, a sum twice as much as US banks, David Wessel wrote in the Wall Street Journal. The US wouldn’t be immune: European loans to the US amount to about 10% of US GDP, he adds.
“A sharp pullback by Euro area banks …would impede credit creation around the world, with the most acute pain felt in emerging economies,” JP Morgan economists point out.
In a globalised world, Malaysian politicians should realise only hermit countries like Bhutan can claim they will be immune to the Eurozone crisis.
Opinions expressed in this article are the personal views of the writer and should not be attributed to any other organisation she is connected with. She can be contacted at: siokchoo@thesundaily.com


DESIDERATA: At mamak stall BF todie, I also read another THREE updates on the Eurozone Crisis, so wait for me to work heART -- probono man&woman! -- for Thee because I won't want ye to become victims  to the clueless PM and his cohorts' fool-of-good-news handing out Ang-Pows everywhere they go, and they believe they can buy/bye thy vote for GE-13. Even MCA prez, also quite clueless following that sex-tape EPICsode, is asking for more/aMore -- another round of RM500 ang-pow under BR1M -- did I hear my ER whisper "Bribe 1 Malaysia"?


Update1:



‘Threemonths to save euro’ 

>BillionaireGeorge Soros namesGermany as authority toendeurozone crisis 



NEWYORK: Europe has three months to save the euro, billionaire investor George Soros said this weekend amid global pressure to end eurozone turmoil rocking financial markets and creating deep economic uncertainty. 


“In my judgment, the authorities have a three months’ window during which they could correct their mistakes and reverse the current trends,” Soros said Saturday at an economics festival in Trento, Italy, naming those authorities as Germany and the Bundesbank. “In a crisis, the creditors are in the driver’s seat and nothing can be done without German support,” he said, noting that public opposition to austerity in the eurozone “is likely to grow until the policy is reversed”. 


The remarks were posted on his website. Greece is heading to the polls for a second time in sixweeks after an inconclusive vote on May 6. And with the radical leftist Syriza party , chief opponent of a massive EU-IMF bailout accord, tipped towin this time, the election could lead to Greece quitting the single currency. 


“I expect that the Greek public will be sufficiently frightened by the prospect of expulsion from the European  Union that it will give a narrowmajority of seats to a coalition that is ready to abide by the current agreement,” Soros said, referring to June 17 polls in the debt-stricken state.


The “crisis is liable to come to a climax in the fall” of the year, he said. “By that time the German economy will also be weakening so that Chancellor (Angela) Merkel will find it evenmore difficult than today to persuade the German public to accept any additional European responsibilities,” said Soros. 


“That is what creates a threemonths’ window.” Soros, a Hungarian-American investor and philanthropist, said austerity measures were having a disastrous effect on the global economy. “The authorities didn’t understand the nature of the euro crisis; they thought it is a fiscal problem while it is more of a banking problem and a problem of competitiveness,” he added. “And they applied the wrong remedy: you cannot reduce the debt burden by shrinking the economy, (but) only by growing your way out of it.” – AFP 




UPDATE2:


Greek euro exit not ruledout if loan deal broken: France 


PARIS: A Greek exit from the eurozone will be on the agenda if Athens fails to impose austerity measures required in its EU-IMF bailout deal, French Finance Minister Pierre Moscovici said Sunday. 


Commenting on Spain’s refusal to accept foreign aid to help it through its debt crisis, he said the sovereignty of the Madrid administration should be respected. Moscovici was responding to questions about Greece’s radical leftist leader Alexis Tsipras who said Friday he wanted to scrap the bailout deal if he won the June elections. Moscovici said he hopedGreece would remain in the eurozone. 


But commenting on Tsipras’ position, he told French television: “That poses a problem. “If the Greeks themselves do not respect their commitment, then we would find ourselves in a situation which would be infinitely more complicated,” he added. 


Asked if his ministry was working on a scenario in which Greece quit the eurozone, he stressed that while they might have looked at it “here and there” they were working on plans to avoid it rather than anticipate it. – AFP






UPDATE3:


Spanish PM tries to send
'message of calm'


MADRID: Spanish Prime Minister Mariano Rajoy tried to play down fears the country would need an international bailout, saying that Spain would eventually find its way out of the financial crisis on its own. 


After a dismal week that saw the country’s borrowing costs soar, Rajoy, speaking at an economic forum in Sitges in eastern Spain, said he was sending a “message of calm”. 


“Spain is a very solid country, although right now, no one seems to remember this,” he said. 


Doubts about Spain’s solvency rocked global markets this week and saw the interest rate on 10-year government bonds hit a record 5.48 percentage points on Friday, as Spanish markets slumped to lows not seen since April 2003. 


But Rajoy insisted the country “will get through the storm through its own efforts and with the support of our European partners”. “Because what’s at stake isn’t just the economic future of Spain but the very future of European monetary union,” he said. 


Rajoy’s message echoes similar messages from the Spanish budget minister and other officials told reporters on Friday that the government was confident of the country’s solvency. 


In an interview with German magazine Der Spiegel out yesterday, German Chancellor Angela Merkel said she doubts Spain has the resources to cope with its crisis. She has suggested Spain should make use of European rescue funds. 


Spain is the eurozone’s fourth-largest economy and has been battered by a crash in the property market and record unemployment of about 25%. Plunging housing values saw private and banking assets drop and eradicated a source of plentiful income for the Spanish regions. 


Spanish bank Bankia has asked the state for€19 billion (RM76.7 billion) to repair its books, in addition to€4.5 billion already injected, the biggest rescue in Spanish banking history. But Rajoy said “I have no doubts about the vast majority of financial institutions in Spain." -- AFP

Monday, June 04, 2012

Blogger SakMongKol AK47 has a good take on FGVH Listing


Touted as the second largest IPO (AFTER Facebook which saw its recent price debuting at below Offer price of USD38 per share and ended in the first week at about USD31:(, more than 15% decline!


So from themalaysianinsider, let's have an examination:~~~


Side Views

FGVH listing: Misery or windfall? — Sakmongkol AK47

June 04, 2012
JUNE 4 — Every FELDA settler is an automatic member of their co-operative (KPF). KPF owns 51 per cent of FELDA Holdings, the business unit that is the rainmaker for FELDA. Has any settler asked what happens to KPF after the listing? Where is its 51 per cent in FELDA Holdings? 
Did KPF get anything? If an EGM has taken place and delegates agreed to the transfer of KPF’s interest in FELDA Holdings and in 10 other subsidiaries, how was its stake in FH valued? Where did it go and how much stake does it get in the enlarged FGVH? I haven’t seen any clarification on this matter written anywhere. It’s as though KPF’s stake has vanished into thin air. Was this the reason Isa Samad came up with a statement that FELDA has allocated 20 per cent to settlers’ interest to be handled by a trust fund? Will KPF continue to exist? 
Let’s be clear about this. We are not opposed to the idea of the settler receiving RM15,000 per household. The money is probably theirs anyway, derived probably from previous underpaid dividends. How many times have settlers gone before the courts demanding FELDA make good over its under-declaration of extraction rate on fresh fruit bunches (FFB)? Probably over the years, the value of the extra extraction ran into hundreds of millions. RM15k is probably a cumulative backdated under-payment to each FELDA household (112,635 of them). 
The settler, especially the first generation, must think of the future by assessing what they are losing out. There is no way now second-generation FELDA settlers can lay claim on the 360,000 hectares of land managed by FELDA Plantations. All the land and the assets therein are leased to FGVH for 99 years. While FELDA probably gets payments on the lease, the lease rate is revisable every 20 years. They must also be mindful of the fact that they also lose about RM2.5 billion a year from earned revenues which are used to manage the FELDA plantations and provide social amenities. FELDA needs RM3 billion a year to run its operation. 
If the money comes from the government, this raises another issue. From which source too, it does no matter now. Probably when in London, the PM sold this business of FGVH IPO to Louis Dreyfus and sold 20 per cent of the business and got RM3 billion. Maybe part of the money is allocated for paying off FELDA settlers. The SC should look whether all material information has been given by FGVH. I don’t see the sale to Louis Dreyfus in the FGVH prospectus. Did it materialise? Or is it hidden under the 23 per cent share under FAHC?
We are therefore left with the question: why is the settler given RM15k when ordinary kampung folks are not? The plausible answer is, it’s done to soften settlers up into forcing KPF to agree to the FGVH listing. Then, clearly that is bribery. 
Secondly, it’s given to actually soften up the settler when he realises that he will get a smaller value when the FGVH IPO takes place. He will probably get around RM810 or even less after deducting banking charges and other fees. 
It’s crucial to put pressure on KPF through the settlers. So when an EGM or AGM takes place, the delegates can vote asking KPF divests its 51 per cent in FELDA Holdings as the interests they have in 10 FELDA Holdings subsidiaries. Unless KPF divests its 51 per cent in FELDA Holdings, FELDA only has one portion of the core asset. Indeed the only asset that matters — FELDA Holdings. 
Now FELDA is at again. What we are opposed is seeing the settler believing that this IPO is done to elevate their welfare. This IPO will lead to the concentration of vast resources and power in the hands of a few mandarins. 
After the listing how much will settlers get? 91.2 million shares or 2.5 per cent out of the 3.648 billion shares. FELDA employees will get 3 per cent of the offered shares or 109.44 million shares. Settlers and employees get 5.5 per cent of the shares offered. Institutional investors (41 per cent), MITI (11.5 per cent) and the public (2 per cent). 
FELDA settlers really don’t know what they are getting into. By hook or crook KPF is made to give up its 51 per cent share in FELDA Holdings. FELDA owns FGV. FGV owns 49 per cent of FELDA Holdings. KPF is the 51 per cent owner of FELDA Holdings. KPF is 30 per cent owned by FELDA directly and 70 per cent owned by settlers. So, any which way FELDA is in the loop. So, all the while FELDA and the consultants are the ones planning to wet their massive beaks in this deal. 
As for the settlers, they may well find themselves in the same position as they are now. Each year, Najib will come around handing them dividends telling them this is government money that we are giving out to you because we care for you. We are such a good government because the people are always in our heart. The sad truth is, they may even find themselves receiving less dividend payments if the management at FGV fumbles and earns less revenue or becomes less efficient. 
Being co-operative members, they get dividends each year anyway. Will they not get their yearly dividends if the IPO doesn’t take place? They will still do. They get miserly amounts. Sometimes the people in FELDA Chini in Pekan get RM400 each after paying off kedai koperasi from where they have taken provisions. So, yes, the RM15k is much welcome and some portion of the money is used to settle debts.  
Again yes, the RM15k is a welcome relief and a windfall. It is the price of future misery. — sakmongkol.blogspot.com
* Sakmongkol AK47 is the nom de plume of Datuk Mohd Ariff Sabri Abdul Aziz. He was Pulau Manis assemblyman (2004-2008).
* This is the personal opinion of the writer or publication and does not necessarily represent the views of The Malaysian Insider.

I agree with DPM's statement,BUT ONLY THE FIRST 2 SENTENCES

From the nst .com.my, Muhyyiddin finally admits the coming 13Th General Elections is the first realistic  unprecendented government-changer for the incumbent Barisan Nasional, and if the formidable alternative coalition Pakatan Rakyat avoids committing false steps like Nijar's recent statement on WWW1.. WHY do I say I for once agree with the Deputy PM? Well, read the rest of the report, my friend, and you will see from sentence 3 onwards, he's tokkingkok -- oops, mind my English -- Talking Cock!



Desi's comments in RED follow para by para, Okay? -- YL


Next polls will 'make or break BN'








CHALLENGING TIMES: Barisan Nasional has fulfilled people's heightened expectations, says Muhyiddin

Muhyiddin at BN election machinery launch

 KUALA LUMPUR: THE next general election will be the deciding factor that will either make or break the Barisan Nasional coalition.

Deputy Prime Minister Tan Sri Muhyiddin Yassin said yesterday that the general election was a matter of "life and death" for BN, not just in the Federal Territory here, but throughout the nation.



YES, mostly likely "break" the BN-- it is the overdue kiss of death after 55years! --looking at the shenanigans and clownish acts -- CHIEFLY by PM NAJIB, DPM MOO'DIN and MCA CHIEF DR CHUA SOILED LEG -- the leaders have been committing, especially the past one year!
"Each parliamentary area in the Federal Territory is important. In previous times, people would readily support BN but times have changed, and so have expectations.


Times they-are-still-a-changing -- I believe the UMNO's solitary seat it won in GE-12 will also be lost to the PK, even if they field Moo'din dare!
"We have provided all that they want and needed in the last 55 years but they want more things like human rights, freedom of speech, freedom of the media and other demands which they want the government to fulfil," said Muhyiddin at the launch of the BN Federal Territory machinery at Stadium Titiwangsa.


Yeah, see how Moo'din buries his head like the ostrict in Lake Titiwangsa -- just one event Bersih3.0 rally on 428 alone demonstartes how OUT OF TOUCH the UMNO leaders are; instead of recognising the voices of 250,000 brave Malaysians, they played down the numbers to 25,000 (hey, quoting Bernama OK!), and instead "demonised" the peaceful demonstrators, and blamed them for the rioting which essentially was started by the Police! (I guess with instruction from DPM and Home Minister?)
Muhyiddin said the government and BN had taken steps to provide for the people, starting with transformation programmes and moving into other areas, such as improving the education system, combating crime and corruption, and easing the cost of living.


Transformation Mr DPM? It has been four long years of PRONOUNCEMENTS OF THIS and THAT PROGRAMMES -- KPA, and all the acronyms proximating JKR dan KSU, etc, ad nauseum which I can't, don't bother to, recall! Combating crime and corruption, Mr Moo'din? You can join the various stocks I created a few years ago at Bursaa Malaysiaa under a category called "LAUGHING STOCKS"!
"If the people want changes, there is no other government that can bring about big changes. We do not just walk and talk, we walk the talk."


Yeah, Moo'din, you walk thy UMNO dogs along thy walks up the garden path lined with fool's gold.....
He also touched on former prime minister Tun Dr Mahathir Mohamad's blog posting that the Bersih demonstrations were preparations by the opposition to reject the results of the 13th general election should it fail to win it.
Dr Mahathir also mentioned the possibility of violent demonstrations by unhappy citizens if they lost the next elections.


This former PM actually should be held responsible for any chaos that should result from GE-13, he's again using FEAR and THREAT, in line with Najib's statement that BN will safeguard Putrajaya -- even over "crushed bodies"?


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(DEAR ER, I WILL STOP HERE and WON'T INSULT YOUR INTELLIGENCE QUOTING MORE PROPAGANDA FROM THE UMNO's MOUTH ORGAN that is the NST! -- YL, Desi)


Read more: 
Next polls will 'make or break BN' - Politics - New Straits Timeshttp://www.nst.com.my/nation/politics/next-polls-will-make-or-break-bn-1.90689#ixzz1wnRI6L00