From The Gutter Press: The Trash Talker

Toxic Advice From A Dying Dinosaur aka DrMould decide what the majority wanted.

Dinosaurs, to my great regret as a child, have been extinct for 65 million years. Clearly a lot of us wish they were still around which would explain the popularity of movies like Jurassic Park and Ice Age. Unfortunately the dinosaurs that we do still have around are neither cute nor funny.

I am speaking of the wrinkled old bag of leftovers that is former premier Mahathir Mohammed, who at 85, realizing perhaps that his time is almost up, appears to be engaged in an attempt to spread as much hatred around in as short a time as possible. And so this poisonous geriatric, this slithering serpent in verdant Malaysian Eden, still drags himself around the country spreading discord and spitting venom.

Strange thing for a dictator to say

He appears to have four big objectives, one to spread racial hatred and keep Malaysians divided, the second to decide who will lead the country, the third to ensure that his three mediocre sons somehow continue to prosper without him and lastly that Anwar Ibrahim is finally and totally destroyed. In all of his objectives he will fail.

He then proceeded to systematically destroy the country’s institutions and to reduce them to the miserable state that they are in today, enrich his cronies like Daim Zainuddin, Tajuddin Ramli, Francis Yeoh, Ananda Krishnan and Vincent Tan among others, and allow corruption to become the rampant, all-consuming force that it is in Malaysia today.

One of the problems with Mahathir was that it didn’t matter to him whether you were corrupt or not, it only mattered whether you supported him or not.

Mathematical impossibility

The rights of the individual are sacrosanct and cannot be tampered with by vicious old dictators. What are majorities but collections of individuals. We could present Mahathir with a copy of John Stuart Mills but it would be wasted on so self-serving and hypocritical an individual. The only individual’s rights that Mahathir would be concerned with is his own.

Mahathir then suggested, as he often does, that Malays are in danger of becoming a minority in Malaysia. This is, of course, a mathematical impossibility. But then Mahathir is not a mathematician, he is a demagogue, and they are not dealers in neither facts nor figures.

By Mahathir’s reasoning the Malays, who form 60% of the Malaysian population, will be divided into three groups. In the first place there are only two groups, BN supporters and Pakatan supporters. There is also the fact that BN supporters are decreasing on a daily basis.

Therefore Mahathir’s argument that the Malays, who form 60% of Malaysians, have the highest birthrates and the lowest potential to migrate; will become a minority; is simply preposterous.

That's right, you should be ashamed of yourself

Mahathir also preached that Malaysians should feel shame if they do not give 100% to any job that is handed to them. Mahathir should take this advice himself, unless he feels it too bitter a pill to swallow.Read more trash.

Can Anyone Make Sense Of This?

Hantu Laut

Let's see who can spot what's wrong with the article below.

RM1,500 minimum wage in Selangor amid record cash reserves

Written by -

The Selangor state government said it would implement the minimum wage of RM1,500 applicable to all employees of state companies.

At the tabling of the state's 2012 budget, Menteri Besar Abdul Khalid Ibrahim (right) said the move will cover employees of financially stable state-owned companies first before being implemented to others.

Among the companies mentioned include the Selangor State Development Corporation (PKNS), Selangor Agricultural Development Corporation (PKPS), Selangor State Capital Berhad (PNSB) and Worldwide Holdings Bhd.

With a total of RM1.6 billion, Khalid said Selangor’s 2012 budget would continue the state's declared aim of spreading wealth directly to the people under the theme "Selangorku: State Resources for the People".

“This is the fourth time the state government has tabled a balanced budget since taking over in 2008. This budget is a continuation of efforts to spread state wealth to the people,” he said.

Khalid also announced that the state’s cash reserve now topped RM1.2 billion, describing it as the highest in 28 years.

RM600 million worth of development

Of the RM1.6 billion, RM1 billion has been allocated for operational cost, 69.4 per cent of which goes to emolument, supply and services. The others include state offerings and fixed payment stood (28.4 percent), asset (0.8 percent) and other expenditure at 1.5 percent.

Some RM600 million from the state budget is allocated for development, out of which 68 percent or RM411,091,860 is for infrastructure, 17 percent (RM100,060,130) for social development, 14 percent (RM84,240,010) for the economic sector and the remaining RM4,608,000 for urban development.

“State revenue for 2012 is expected to continue to rise with tax revenue projected to increase by 8.23 percent or RM43,694,000 to RM574,674,000 from RM530,980,000 in 2011,” he said.

Malaysia Chronicle

Pakatan's Economic Crock Of Shit

Hantu Laut

Is Malaysia going bankrupt?

Malaysia foreign debt is still at comfortable level.

Malaysia is not yet on the verge of bankruptcy as alleged by Anwar and the oppositions.We are not in danger of defaulting on our debts. Nonetheless, we must take precautionary measures not to increase our foreign debt any further.

Anwar and the oppositions should give fact and figures to support their claims, not simply saying that the country is going bankrupt without any supporting evidence with bad intention to mislead the people.

Malaysia's macroeconomics is still looking fairly healthy in spite of all the lies and bullshits coming from the oppositions?

Macroeconomics are key indicators of economic performance.

Economic output, unemployment, inflation, saving and investment are factors that we should look at in order to determine the health of a nation and with it comes other monitoring mechanisms (debt to GDP ratio, budget deficit/surplus,etc).These are closely monitored by government and the business sector.Only if essential parts of the fundamentals have gone wrong would the country be in deep trouble.

The financial health of a nation is no different from that of a company and debt is a matter of perspective.Just like a company that borrow to expand its business if a nation borrow to build its infrastructure that will pay off in the future than borrowing a lot isn't necessary bad.If the country borrows for recurring expenditure and to fill the hole in the pocket than that would surely be recipe for disaster.Malaysia certainly has some leakages, mostly through corruptions, but they are still manageable.

Greece, is an example, an epigram of Murphy's Law, everything has gone wrong, declining economy and overspending........(2010 figures)) GDP -4.5%,..... budget deficit 10.5%,.... debt to GDP ratio 143%,..... unemployment 12.5% .....and inflation 4.7%.The situation had become worse in 2011, triggering panic in the eurozone countries.Four other members of the eurozone namely, Italy,Spain,Portugal and Ireland are also in dire straits.Italy, is the next victim of fiscal crisis and with much bigger debt than Greece.

The PIGS as they are known are not even big spenders in Europe, the honour should go to Denmark,France and Sweden where government spending is about 52% of GDP.

Malaysia was not even in the top 20 most indebted country by GDP.In term of public debt Singapore stood at No.9 with 105.8% of GDP which means Singapore borrowed as much as its GDP.

CIA Factbook's Public Debt % 0f GDP 2009/2010:

1. Zimbabwe 234.10%
2. Japan 197.50%
3. Saint Kitts and Nevis 185.00%
4. Greece 142.80%
5. Lebanon 133.80%
6. Jamaica 126.50%
7. Iceland 126.10%
8. Italy 119.10%
9. Singapore 105.80%
10. Barbados 102.10%

Why is Singapore still a very prosperous nation and one of the leading and healthiest economies in Asia?

When it comes to the list below Singapore has completely disappeared from the scene.

CIA Factbook's External Debt 2009-2010:

1. United States $13,980 billion
2. European Union $13,720 billion
3. United Kingdom $8,981 billion
4. Germany $4,713 billion
5. France $4,698 billion
6. Japan $2,441 billion
7. Ireland $2,253 billion
8. Norway $2,232 billion
9. Italy $2,223 billion
10. Spain $2,166 billion

There are many different ways to measure debt as a factor in a nation's economic health.

Public debt is the total of domestic and external debts. Singapore's public debt is 105.8% of GDP but most of it is in domestic market and less than 10% external debt.Singapore also has very impressive sovereign funds invested in both domestic and foreign markets.Its per capita of $62,100 is one of the highest in the world, higher than the US, purportedly the richest country in the world.Singapore's sovereign fund, one of the largest in the world, and her reserve gave her contingency against prolonged recession.

Last year Singapore overtook Malaysia's GDP.It can only mean Singaporeans are much more productive than Malaysians. An amazing feat for a nation with small population, small land mass and zero natural resources.

In 2010, Singapore GDP grew by 14.5%, Taiwan 10.8% and China 10.3%.Maybe, it has something to do with being Chinese.

Malaysians spent more time politicking and "omong-omong kosong". You can see it everywhere, both in the public and private sector. Go to any government office or department store in KL and you will not fail to see the staffs chatting among themselves instead of attending to costumers.The biggest predators of Malaysia's budget are Malaysians themselves, the inextricable subsidy mentality, which they now see as of right rather than a privilege.It is the subsidies that will bankrupt the country.

Malaysians themselves are equally to be blamed for their poor attitude toward work.Politicians can make policies but they can't police every sectors of the economy, and of course bad policies, which Malaysia is not short of too, would also have dire consequence on the economy.

Japan, another big borrower with debt almost touching 200% of GDP should have folded, but did not.Less than 50% of its debt is external, the rest is held domestically.Japan has a number of years of negative growth and only in 2010 she managed a growth of 3.9% .Yet Japan can repay its debt.

The big risk of having huge foreign debt is the volatility of currency exchange which can increase the debt if the borrower's currency weakened but can also augers well if the borrower's currency gained strength against the borrowed currency.

So borrowing more is not necessary bad if you have healthy economic growth, good fiscal policy and sustainable budget deficit.

Malaysia's GDP growth in 2010 was 7.2%, the debt to GDP was 52.4% out of which about 35% was external debt, the budget deficit was 5.6% of GDP and the debt per capita $2,570 (external).The deficit and public debt have increased in 2011 and expected to increase further in 2012.

As long as the government can maintain the acceptable debt to GDP ratio and sustainable deficit, which I think they probably could, Anwar and Pakatan's economic warmongering is nothing but a crock of shit.

Is UMNO Living In The Past?

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Muhyiddin!

So you terror one! (in Manglish it has positive connotation, it means you are a hero or super-duper guy)

Why you so like that one! Don't want Malaysians to learn English!

You, so terrible one, lah!

Make we stupid, lah!

About three weeks ago I drove from Kuala Lumpur to Penang and stopped at one of the service areas (Malaysians called R&R) and spotted the signs below.

Coution ?

Casted apple ?

This is just one stop, I am sure there are many more with mangled English and our politicians, or I would rather say our UMNO politicians are oblivious to the declining standard of our education system and mangled English.

Malaysians in the kampongs are the biggest losers, particularly the Malays, because they form majority of rural population.

The PM, DPM and the whole cabinet misread the whole situation by listening to a few educationists.There will be political backlash.

Take for example the "Sekualiti Merdeka" gethering which TV3 noxiously described as "free sex festival".Police harassed the organisers. However, when Marina Mahathir led the same thing two years ago they did nothing of that sort.

Was it bad Enlish or just bad propaganda?

Frankly, I am getting sick of UMNO's political charades, the double standards and the holier than thou pretence.

Video below, can't blame the Chinese, they have never been colonised.