Thursday, June 21, 2018
Heard it from one of the horses' mouth that it is pointless to fight when one can't win.
It led us to ponder whether the resignation of Chief Justice Tun Md Raus Sharif and Court of Appeal President Tan Sri Zulkefli Ahmad Makinuddin was because their "extension" as Federal Court judges and subsequently their appointments could not survive the test of the Federal Court or some other reason/s?
If they had lost in court in the case brought by the Bar Council, the implication would be horrendous. Practically, all judgements that involved any of them could be appealed for review and only build up more backlog in court. Thus it is could be a gentleman move to uphold the court system
Otherwise, the dent on government expenditure would have angered Finance Minister, Lim Guan Eng. However, he is not likely to rebut as he did to Dato Seri Anwar's advice to watch his mouth.
Though Lim Kit Siang had called for their resignation, it was Papa Lim himself that was vocal during the 1988 judicial crisis. The Lims are silence now. So do Bar Council.
However, few opposition and senior lawyers did criticised this interference by the executive branch of judiciary. None of the pro-UMNO lawyers could be heard. Not even Perkasa, since a non-Malay and non-Muslim will likely be CJ.
Wednesday, June 20, 2018
Bursa lost 28 points yesterday, and foreigners sold RM554.94 million yesterday, up from RM238.85 million a day earlier. While the public begin to realise the declining state of the economy and 100 days PH Manifesto is a farce, there are still those in a state of denial.
They tried to rationalise as global money flow, EU oil palm decision, US-China trade war, ECB easier monetary policy, and insisted to blame Dato Najib's infrastructure plan is assuming too much debt. They believed new government will draw a good plan to make Malaysia developed by 2025 and called us working for George Soros.
Hello friend! Do search this blog on who is behind Sarawak Report.
This blog forecasted market would rally after GE (read HERE, HERE and HERE). However, PH win followed by foul mouth of new government leaders and their witch hunting vengeance made us review our position and even warned of a market decline on all fronts (read May 22nd posting HERE).
Lim Guan Eng begin to shut his mouth and new government is trying to calm nervous investors and public But 'no claim by Mahathir that Japan will approve the Yen loan will succeed. The worry is Tun Daim is no more in his prime and the unconstitutionally authorised CEP will end their role after 100 days. Not so eminent for not able to deliver any of the election promises delivered.
We now begin to question whether there is more than meet the eyes. It is unbelievable that the stars are all aligned against Malaysia. Similar to the 1997-2000 financial crisis, Third Force claimed Dato Seri Anwar Ibrahim is aware of the foreign sabotage on the economy.
Being currently denied PM-ship, is he is behind the market downfall again?
Sunday, June 17, 2018
|Cancelled celebration of Israel's victorious 6 day war in 1967 planned in Melaka|
At least, there are bloggers concerned with the development in the market and implication on the country.
Few FB comments expressed concerned with words uttered by Tun Dr Mahathir and Lim Guan Eng as not helping the economy. In addition to repeated mentioning of RM1 trillion debt political hoax, there was the technically deficient earlier remark of Guan Eng on government bailing our 1MDB.
Enough of picking on Guan Eng. Azmin's remark is far more damaging. FT.com quoted his, "Economy is in a mess" remark here.
And, there have been many developments over the weekend and Hari Raya holidays. Comments on foreigners streaming out of the stock market have gone viral. There is also rising awareness on the important agriculture product of Malaysia, palm oil and potential of ringgit.
The instinct is it could be a stormy Monday by the indication of increased amount of foreigners' selling last Thursday.
It is strange that everything is falling into place since the selling two days before polling on May 9th. No ... no ... please not another Zionist conspiracy.
Thursday, June 14, 2018
Today is the last day of Ramadhan and tomorrow begins the celebration of Aidil Fitri.
Be careful on the road to ensure a Selamat Hari Raya. Was just told a nephew had a road mishap yesterday that caused the life of his wife and child with himself badly injured. Al fatihah
This blog made a premonition of an upcoming market black hole two weeks ago. A commentator dispute us and confidently claimed we will be proven wrong. It would be most welcome.
The intention to be the prophet of doom is to forewarn the new Malaysia Baru government, which remained drowned in euphoria, Mahathir's vengeance, and DAP's impatience to undertake revolutionary change.
It is unthinkable but they seemed unaware of the current happenings and implication of their actions to the stock, capital, currency and commodity market as well as the country's economy at large.
They can't deliver on their manifesto but resorted to cooking up bankruptcy and 1 trillion debt lies [read here, here and here] to the detriment of economic confidence on Malaysia.
Monday, June 11, 2018
It is not be done in haste as failure to do so will result in people questionimg all the remarks and accusations made against him.
This is no more swings and roundabout but practically an about turn. Its also the snake shedding a new skin acceptable to the intellect of the un-uneducated Japanese and global audience.
Mahathir also said Malaysia will not slide into bankruptcy as there are “huge savings” from several government institutions, which can be used to help the economy recover in the event of crisis.
“I don’t think ... the country will slide into bankruptcy,” he said in a news conference broadcast live from Tokyo, Japan where he is attending the Future of Asia conference hosted by Nikkei.
The Malay Mail reported:
Sunday, June 10, 2018
Swings and roundabout is a British idiom to mean "losses, setbacks, or negative aspects of a certain situation are cancelled out or balanced by equally advantageous or positive elements (or vice versa)".
The election is over and PH has won. The advantage or positive outcome from the use of the bankruptcy - truly or falsely, has worn out.
The attempt of Lim Guan Eng to continue with the same propaganda line to claim country's debt as RM1 trillion could cancel out the advantage they have gain.
This blog have been calling the propaganda or fake news or such political drama as wayang. Coincidently, a commentator with nicname, Anti Wayang viral the following comment.
Saturday, June 09, 2018
A friend, whose organisation almost got chopped recently by the Malaysia Baru new government, sent an interesting message.
Her message was refreshing and current. It was something we had delved into since our late teens and wrote of it in this blog many years ago.
It is purely an academic exercise but thought its worthy for pondering, thus shared it below:
I think it's important that we acknowledge and frame the issues that Malaysia faces.
While the sense of outrage is absolutely natural, let's recognize that what happened here is a story as old as time.
- Repeating 1988 judiciary crisis to fix Najib?
- Najib charged for sodomy to blame for markets fall...
- Don't tell me markets down due to Zionist conspira...
- Moody debunked Hari Raya wishes
- Shedding into Japanese snakeskin to deny bankruptc...
- Swings of bankruptcy to the roundabout on debt
- An academic exercise on blame
- Ghost of past crisis to restrain market
- New AG has an opinion on 1MDB before investigation...
- In 2007, Tommy said Agong can reject his appointme...
- Wherefore art thou politics in this heedless time
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