COMING SOON:
NEXT POST:A Time To Kill
The writer takes a look at religious fanaticism and Islamic militancy and its roots.Why Islam had become a contemptible religion in the West and the involvement of ulamaks,mullahs and religious schools in propagating fanaticism and militancy in the religion.
The recent terrorist attacks in Mumbai will spur further and more active military involvement of the US in the region and how it will help escalate Islamic militancy to greater height.What the West should do to stop it?
Saturday, November 29, 2008
Wednesday, November 26, 2008
World War III ?
Hantu Laut
Would you believe me if I say the KLCI is headed for a fall below 800 anytime before Christmas? I am sure many of you wouldn't. Just like the price of crude oil my guts feeling is telling me it would in spite of the huge three-day rally on Wall Street.Most Asian markets rose in tandem with Wall Street.They will, likewise, fall together with it.Wall Street is the doyen and barometer of the world of equity trading.
There is absolutely no reason even for Wall Street to rear its bullish head other than on false sentiments of make-believe.There is not a drop of good news to usher a steady pattern of positive long term improvement of the markets.The only good news is the forthcoming departure of that mad man in the White House by January 2009 before he could screw up the US economy any further.The euphoria on Wall Street is a flash in the pan.More bad news will come.
No news is good news, bad news is now no news. Nothing new had come out of the US economy except troubling economic figures.The US gross domestic products contracted by 0.5% annual rate for the 3rd quarter (July-Sept).Twenty-two banks have failed so far this year and more are expected.Citibank, one of the largest in the US is in the doghouse and needed huge dose of heart worm injection to stop its demise.It was given $300 billion bail-out, giving respite to the decline on Wall Street.The three giants in Detroit, GM,Ford and Chrysler are still stuck in the muck awaiting lifelines.
American views of the economy remain the gloomiest for decades as they grapple with massive layoffs, dwindling retirement funds and slumping house prices.American consumers, the lifeblood of the economy --- spending continues to slide down.The unemployment rate is 6.5% and expected to rise.The $700 billion financial bail-outs have not been able to restore stability to the financial markets and help the sinking economy.
With a massive $7 trillion in bail-out money and a huge budget and trade deficit where the hell are the Yanks going to get the money from? Issue more Treasury Bonds, print more dollars or starts World War III?.
It can start by bombing Iran first, than North Korea, than all Muslims nations and than last China and Russia will join the war to stop the Ugly Americans.Isn't that a good recipe for a world war and an excuse not to pay your debts.
In Malaysia the government has not released any economic figures to show how much the economy had shrunk.Even if they do, I suspect it would be slightly sugar-coated to make those gullible enough to believe that our economy is fine.
Looking at all the bad news the probability of the global economy shrinking further for the rest of this year and into early next year isn't pure fantasy.
Would you believe me if I say the KLCI is headed for a fall below 800 anytime before Christmas? I am sure many of you wouldn't. Just like the price of crude oil my guts feeling is telling me it would in spite of the huge three-day rally on Wall Street.Most Asian markets rose in tandem with Wall Street.They will, likewise, fall together with it.Wall Street is the doyen and barometer of the world of equity trading.
There is absolutely no reason even for Wall Street to rear its bullish head other than on false sentiments of make-believe.There is not a drop of good news to usher a steady pattern of positive long term improvement of the markets.The only good news is the forthcoming departure of that mad man in the White House by January 2009 before he could screw up the US economy any further.The euphoria on Wall Street is a flash in the pan.More bad news will come.
No news is good news, bad news is now no news. Nothing new had come out of the US economy except troubling economic figures.The US gross domestic products contracted by 0.5% annual rate for the 3rd quarter (July-Sept).Twenty-two banks have failed so far this year and more are expected.Citibank, one of the largest in the US is in the doghouse and needed huge dose of heart worm injection to stop its demise.It was given $300 billion bail-out, giving respite to the decline on Wall Street.The three giants in Detroit, GM,Ford and Chrysler are still stuck in the muck awaiting lifelines.
American views of the economy remain the gloomiest for decades as they grapple with massive layoffs, dwindling retirement funds and slumping house prices.American consumers, the lifeblood of the economy --- spending continues to slide down.The unemployment rate is 6.5% and expected to rise.The $700 billion financial bail-outs have not been able to restore stability to the financial markets and help the sinking economy.
With a massive $7 trillion in bail-out money and a huge budget and trade deficit where the hell are the Yanks going to get the money from? Issue more Treasury Bonds, print more dollars or starts World War III?.
It can start by bombing Iran first, than North Korea, than all Muslims nations and than last China and Russia will join the war to stop the Ugly Americans.Isn't that a good recipe for a world war and an excuse not to pay your debts.
In Malaysia the government has not released any economic figures to show how much the economy had shrunk.Even if they do, I suspect it would be slightly sugar-coated to make those gullible enough to believe that our economy is fine.
Looking at all the bad news the probability of the global economy shrinking further for the rest of this year and into early next year isn't pure fantasy.
Most Asian markets rise after US extends gains
HONG KONG, Nov 26 - Most Asian stock markets rose today after Wall Street extended its gains, but Japanese shares lagged the region as leading automaker Toyota Motor Corp. saw...
Read MoreLook! Who's Talking -Sense and Non-sense ?
Hantu Laut
Like everything else, you have the good and the bad.This world is not perfect, you can't have it all good.We should be happy if there are more good than bad.
Should a few rotten eggs make the whole basket of eggs inedible.Should we upset the applecart because we feel slighted by some idiotic remarks made by some equally idiotic people.
The government have always been known for not knowing what the left hand is doing when the right hand is busy.Two of a kind saying two different kinds.One to the left, one to the right.
See who is talking sense and who is talking nonsense.
Like everything else, you have the good and the bad.This world is not perfect, you can't have it all good.We should be happy if there are more good than bad.
Should a few rotten eggs make the whole basket of eggs inedible.Should we upset the applecart because we feel slighted by some idiotic remarks made by some equally idiotic people.
The government have always been known for not knowing what the left hand is doing when the right hand is busy.Two of a kind saying two different kinds.One to the left, one to the right.
See who is talking sense and who is talking nonsense.
Tuesday, November 25, 2008
Candle Light Vigils With A Flaw
Hantu Laut
The group against the ISA organise regular show of their anti ISA stand by having what they called candle light vigil in various locations in Peninsula Malaysia.
What they intend to achieve by this regular maniacal show of solidarity against the ISA is hard to tell.It's almost like banging your head against a brick wall trying to push an issue against a government that only aren't listening but reacted with negative responses.
I am not against the anti ISA vigils.That's not really the issue I am concerned with.It's fine if they confine the vigils only to adults.It's the children. I can see in many of those vigils the presence of children as young as 3-4 years old.Both organisers and parents should be taken to task for exposing their children to this kind of dangerous culture. They knew fully well they are breaking the law and knowing our police force who do not take kindly to illegal assembly those children could get hurt or got lost in a melee.
If those parents brought their children to use them as instruments of compassion so the police wouldn't arrest them because of the children than there is something seriously wrong with them.Those children should be at home in bed not out in the streets late at night to participate in political activities of their parents.
Those in Hindraf had also shown similar irresponsible behaviour by using children to write letters,messages and sent flowers to meet the Prime Minister to appeal for the release of the Hindraf detainees.Aren't those children too young to be used in a political struggle.
Those who organised the candle light vigils and those parents actively involved should open their conscience and think hard whether those children should be there in the first place and whether they should ignore the potential dangers they are putting those children into.
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