Thursday, October 29, 2009

Asian music video collection (8)

Asian music video collection (8)


Asian music video collection (8)

Posted: 29 Oct 2009 08:07 AM PDT

Songs by Japanese girls group AKB48; Korean pop groups Tiara+Supernova and singer Ivy; and Taiwanese artist Angela Chang.

AKB48 – River

New song by AKB48, the group's first Oricon weekly chart topper. And in case you missed my very old post, there's 48 members in the group indeed… amazed lol?

Read the rest of this post »

Asian music video collection (8) from YeinJee's Asian Journal


This posting includes an audio/video/photo media file: Download Now

Vain photos taken after school

Posted: 29 Oct 2009 09:24 AM PDT

Last Wednesday, I didn't go home right after school but had become their photographer for a few minutes. They are vain, I am vain, and we took photos. 2 more weeks left and I will be out of high school so have to make fun out of every moment that I left.

IMG_1646 by nicholaschan.

This is Chin Lai. He even have a fans club page on Facebook and till now, I got no idea who is behind the fans club.

IMG_1605 by nicholaschan.

IMG_1612 by nicholaschan.

IMG_1617 by nicholaschan.

Ignore the dirtiness of the class. It's not always like that, it's just that we had so many paper cutting to do on that day so we didn't have the time to clean it up.

I've forgotten to introduce the other two, the one in the middle is Jing Min (cast of Pringles video) and at the back is Jin Jie.

After some shots, we take the scene out of the class.

IMG_1668 by nicholaschan.

IMG_1665 by nicholaschan.

Added new people into the shot. There's Boon Hoay beside me and Tick Sern beside Jin Jie.

IMG_1674 by nicholaschan.

IMG_1675 by nicholaschan.

Hahahaha. =)


Keith Green - You Are The One - THE WAY! THE TRUTH! THE LIFE!

Posted: 29 Oct 2009 09:27 AM PDT


How I love you,
You are the one,
You are the one.
How I love you,
You are the one for me.

I was so lost,
But you showed the way,
'Cause you are the way.
I was so lost,
But you showed the way to me.

How I love you,
You are the one,
You are the one.
How I love you,
You are the one for me.

I was lied to,
But you told the truth,
'Cause you are the truth.
I was lied to,
But you showed the truth to me.

How I love you,
You are the one,
You are the one.
How I love you,
You are the one for me.

I was dying,
But you gave me life,
'Cause you are the life.
I was dying,
And you gave your life for me.

How I love you,
You are the one,
You are the one.
How I love you,
You are the one,
God's risen Son,
You are the one for me.

Hallelujah,
You are the one,
You are the one.
Hallelujah,
You are the one for me.

How I love you,
You are the one,
You are the one.
How I love you,
You are the one for me.


This posting includes an audio/video/photo media file: Download Now

Behind the scene of Anthony Tan tuition class photos

Posted: 29 Oct 2009 08:04 AM PDT

My tuition class that I attended is rather special and fun because we had a class photo taking session. Mr Anthony, my tutor is an interesting person and he takes photo with his student every year, for memories, for fun. Not only a tutor, he is also a friend of mine.

IMG_1774 by nicholaschan.

Last Thursday class, I was there. It's Physics and Chemistry class, I helped him on the camera for the last one hour time which had been use for taking photos.

IMG_1780 by nicholaschan.

IMG_1776 by nicholaschan.

IMG_1783 by nicholaschan.

IMG_1784 by nicholaschan.

Boys were excited for the photos but girls were a little bit shy to the camera. There's one time that Mr Anthony takes photo with the girls and asked if any of the boy want to join in, then the friends of the boy will pushed him into the shot and the boy became embarrassed. Ha.

IMG_1800 by nicholaschan.

IMG_1790 by nicholaschan.

IMG_1823 by nicholaschan.

IMG_1860 by nicholaschan.

In case you are looking for me, here I am…

IMG_1820 by nicholaschan.

P1000393 by nicholaschan

photo by Anthony Tan.

Two more weeks till SPM (O Level equivalent exam). OMG!


Go Soo & Son Ye-jin, White Night & Cosmopolitan

Posted: 29 Oct 2009 07:02 AM PDT

Korean stars Go Soo and Son Ye-jin posed for November issue of Cosmopolitan magazine [Kr]; the duo is starring in Into the White Night which is screening next month. The film is Go Soo's first movie since his enlistment in 2006; the hype is further sparkled with news that Son is going nude for the love scene.

Korean actor Go Soo and actress Son Ye-jin on Cosmopolitan magazine

Read the rest of this post »

Go Soo & Son Ye-jin, White Night & Cosmopolitan from YeinJee's Asian Journal


nizar TM: DO NOT RELY ON POLICE ALONE - nizar nizar nizar nizar nizar nizar nizar nizar nizar

Posted: 29 Oct 2009 07:54 AM PDT

BUKIT MERTAJAM, Oct 28 — Telekom Malaysia Berhad (TM) expects to incur losses of almost RM3 million by end of this year due to cable theft, which is becoming more rampant, in Penang.

Its Penang general manager, Ir Lai Hook Kian, said that until September this year the company had recorded losses of RM2.7 million.

"The losses involved 465 cases of cable theft reported in Penang, especially in North Seberang Perai," he told reporters at a function here today.

He said last year, the Penang TM recorded losses of RM2.5 million due to cable theft.

Lai said various initiatives had been taken by TM to address the problem, including the laying of underground cables, introduction of the wireless service, and installation of the alarm system.

He called for public cooperation to help reduce cable theft and not to rely on the police alone to do the job. — Bernama

(Source: The Malaysian Insider)

Yes, even TM is a victim of theft. Yes, even the police can't do much. The job of the police is to combat crime, thus reducing it! Well, supposedly but it looks like the police cannot do the job.

So, TM has to call for public cooperation to HELP reduce cable theft. In other words, TM is calling the PUBLIC to HELP the POLICE.

Aiyoh...why the police so weak ah???


Kapla ku pusing...

Posted: 29 Oct 2009 06:10 AM PDT

Some days I don't get any calls regarding my NGO work, some days the calls come in one after another.

Well, for the past 2 days, it seems most of the calls are regarding "my babies".

In my previous posting I mentioned about Baby K going for her heart op soon. Before she goes for her heart op, she was to undergo a minor dental surgery in Ipoh. Apparently it was done on Tuesday and the little girl was warded but Mrs K didn't call to inform me. My colleague was the one who informed me about it. When my colleague asked Mrs K why she didn't inform me about it, guess what she said?

"Tak beranilah kacau dia. Kak Zah tu garang." (in case you're wondering, no, nobody else calls me Kak Zah)

GARANG? MUAHAHA!!

Well, let it remain that way... I mean let her have that perception about me. With her history of trying to borrow money here and there, it's best if she thinks I'm garang. I think my earlier "lecture" to her about spending only on necessities must have had played a part.

We have not informed her that Buddies has approved a certain amount for her living expenses while in KL. I shall only give her the money nearer to the date. Knowing them, if they get the money now, they'd probably be spending it on other things and by the time they need to go to KL, they'd run out of money to even pay for their bus fares!

I met up with Anita and her baby yesterday. Kak Ana had brought them to Ipoh GH as Anita had defaulted the baby's earlier appointment (she went back to her home state then to get the necessary supporting documents for her IC). In addition to that, Kak Ana also just found out that Anita had finished her supply of ARV drugs and has not been taking her medication for more than 2 weeks already.

Not much problem with the baby as he was just supposed to get his blood tested to confirm that he is free from HIV. Tests so far showed that he is spared from the virus, but he will still be tested from time to time until he reaches 2 years of age.

But Anita kena sembur by SN for not being compliant with her ARV drugs. Hehehe... nasib badanlah... siapa suruh miss makan ubat...

That was yesterday. This morning a call came in from Anita's number. She then passed the call to Kak Ana who asked me about the boy's birth cert. Duh! She didn't know the boy's cert is not done yet! Kak Ana had actually brought Cek Mek and Anita's baby to the hospital for their immunisation and the nurses asked for the babies' birth certs.

After about half an hour or so, Kak Ana called again. This time to ask about Cek Mek. The nurses were asking for Cek Mek's immunisation card which according to them was supposed to have been given when the little girl was discharged from the hospital after birth. As far as I know, the only thing we got was a referral letter to transfer my Cek Mek's case to the hospital near Kak Ana's shelter home. I didn't dare confirm it though, as it was Puan Nur who took the baby and whatever documents from the pediatric ward when the little girl was discharged. I told the nurse (Kak Ana passed the phone to the nurse so she could speak direct to me) I'd have to confirm with Puan Nur and/or Sharifah first.

So yep, later this afternoon after 3 pm I called Puan Nur as I knew she usually finishes work at 3 pm. I didn't want to call Sharifah as I wasn't sure of her work shift. I didn't want to call her at work talking about her baby when her friends didn't even know she has one! Puan Nur didn't answer the phone. So I sent her a text message asking if there was any hospital card given when Cek Mek was discharged. She replied my message immediately saying there was no such thing given.

About 2 hours later another text message came from Puan Nur. She had checked with Sharifah and Sharifah confirmed that there was no immunisation card given. I decided to call Puan Nur's number. Sharifah answered the call... she just got home from work. Anyway, after confirming a few things, I told Sharifah that her baby has grown montel and is already beginning to recognise people. I told Sharifah to make it a point to visit her baby more often, otherwise the little girl may not feel comfortable with her own mother.

Before that, right after I sent a text message to Puan Nur, a call came in from a 03 number. I almost didn't answer as I thought it could be one of those telemarketing calls that have been irritating me a lot lately. But seeing that the number was not from central KL, I answered the call.

Thank goodness I did. The call came from an officer from JPN Putrajaya in response to the letter I sent earlier regarding Anita's MyKad. Yayyy, somebody's responded!

The lady told me to bring Anita to JPN Ipoh, fill in the necessary forms and submit together with the required supporting documents. She said by right there shouldn't have been any problems in the first place to get Anita's IC done (although her PR father cannot be contacted and her Singaporean mother is dead) but now that it is considered as late registration, there are additional documents we'd need to come up with. She asked why the IC was not done earlier... I couldn't really answer that. I've only known Anita just recently.

Whatever it is, the lady told me to register for the baby's birth cert first and not to worry about the mother's status or the citizenship of the baby. Just get the birth cert done. When Anita's case is settled, then we can apply to rectify the baby's birth cert to confirm his citizenship status.

My problem now is getting a supporting letter from someone who knows Anita and can confirm Anita's status. Who can I get from the list given by the JPN? Gurubesar? Anita tak sekolah. Ketua kampung? Aduh, Anita now stays at the shelter home... the ketua kampung there doesn't even know her.

We (that's Kak Ana and myself) will have to think of something. If a surat sumpah will do, then that's the easiest thing to do. Otherwise we may have to send Anita back to her hometown (in another state) again, and get her sister there to help her get the ketua kampung to sign the letter.

Ah well, at least I can start something already. But then again... aduh... kapla ku pusing...


Ir Nizar: ASAS Jambatan Maut JELEK dan CACAT - nizar nizar nizar nizar nizar nizar nizar nizar nizar

Posted: 29 Oct 2009 08:00 AM PDT

Read the article in Sun2Surf that reported MP Nizar who personally went to the site to inspect the suspension bridge. He said from the aspect of the materials used for constructing the bridge, it was satisfactory but the foundation on which it was mounted appeared shoddy and flawed.

Frankly, I didn't know what 'shoddy and flawed' were in Malay. So, what did I do? I went to Google translate!

So, if the translation of 'shoddy and flawed' to Malay is 'shoddy and flawed', blame Google translate!

Jambatan Maut JELEK dan CACAT


(Source: Sun2Surf)



nizar: Check your facts and get to work, Mr Home Minister - nizar nizar nizar nizar nizar nizar nizar nizar

Posted: 29 Oct 2009 06:29 AM PDT

Irene Fernandez, Tenaganita director, gives Hishammuddin Hussein a lecture on the rising number of abuse cases among domestic workers.

Fernandez lambasted the home minister for claiming that the recent case of domestic help Mautik Hani who died as a result of abuse by her employers was the first of its kind in the country.

According to her, over the last three years, Tenaganita handled 273 cases with over 2,184 human rights violations committed by the employers and the recruiting agencies


Kenyataan Media: Menteri Besar Syor ADUN Pelabuhan Klang Letak Jawatan

Posted: 29 Oct 2009 05:56 AM PDT

Kerajaan Negeri Selangor prihatin terhadap aduan penduduk di Pelabuhan Klang berkenaan dengan ketidakupayaan ahli Dewan Negeri (ADUN) Pelabuhan Klang Badrul Hisham Abdullah menjalankan kewajipan beliau sebagai wakil rakyat.

Sejak surat tunjuk sebab dikeluarkan kepada beliau pada 20 Ogos 2009, beliau tidak mengambil sebarang langkah untuk memperbaiki prestasi kerja beliau. Dalam surat jawapannya. Badrul Hisham telah menyatakan kesudian untuk berjumpa dengan pimpinan negeri dan parti. Namun demikian beliau masih enggan berjumpa dengan pimpinan kerajaan negeri ataupun parti, menjawab panggilan telefon dan SMS, serta membuka semula Pusat Khidmat beliau untuk penduduk Pelabuhan Kelang.

Atas dasar itu, Dato' Menteri Besar Selangor Tan Sri Abdul Khalid hari ini membuat satu usul kepada Majlis Pimpinan Pusat Parti Keadilan Rakyat supaya beliau meletakkan jawatan sebagai ADUN. Dato Menteri Besar juga akan menghantar satu delegasi untuk memaklumkan pendirian tersebut kepadanya dalam masa terdekat. Kerajaan Negeri tidak akan bertolak ansur dengan pemimpin yang tidak bertanggungjawab kerana mereka ini hanya akan menggagalkan usaha kerajaan negeri dalam meningkatkan taraf ekonomi dan sosial rakyat Selangor.

Nik Nazmi Nik Ahmad
Setiausaha Politik Menteri Besar Selangor


Media Statement: Menteri Besar Recommends Port Klang Assemblyman Resign

Posted: 29 Oct 2009 05:53 AM PDT

The State Government is aware of the mounting complaints from the people of Port Klang over the non-performance of assemblyman Basrul Hisham Abdullah.

Since he was issued a showcause letter dated August 20, 2009, Badrul Hisham has made no efforts improve his work. Despite stating his willingness to meet state and party leaders, he continues to be evasive in meeting state and party leaders. He has also refused to answer calls or SMS and has not re-open his service centre for the people in Port Klang.

Consequently, the Menteri Besar of Selangor Tan Sri Abdul Khalid today had made a recommendation to the Parti Keadilan Rakyat supreme council for Badrul Hisham to resign as assemblyman. The menteri besar will also be sending a delegation to reiterate the matter to the assemblyman personally. The state government cannot tolerate incompetent land irresponsible leaders as they will seriously undermine its efforts to improve the rakyat's economic and social lives.

Nik Nazmi Nik Ahmad
Political Secretary to the Menteri Besar


The Shan + Rozz Show: EP9 – The Boomz Girl

Posted: 29 Oct 2009 04:51 AM PDT


It's amusing. But don't BELIEVE anything that comes out from her mouth. Because it has no ecological validity.

You better get it confirmed via VALID sources.

Meanwhile, do enjoy it people!

Psst. Now I know, its perfectly alright to have a visible tummy. Cos ex Miss Singapore Universe has it as well.


This posting includes an audio/video/photo media file: Download Now

Gender Equality or Inequality

Posted: 29 Oct 2009 04:36 AM PDT


Nicholas: When you all buy the flat here, do you all come to view the place?
Jacqueline: uh huh. but we see it from the outside, not this part because it wasn't open yet.
Nicholas: EHHH. GOT DOG DOG…
Jacqueline: dots.
Nicholas: EEEKS. okay, I dont like the dogs.
Jacqueline: Because the flats are build-to-order.
Nicholas: HUH? the dogs?!
Jacqueline: *Faints* the FLATS LA~!
Nicholas: Aiya, why you suddenly change topic?!
Jacqueline: since when i change topic ?!?!
Nicholas: So, what is build to order?
Jacqueline: *takes a deep breath and pause* only when there's enough demand for flats and people paid their deposits, HDB will then start work…
Nicholas: OOOOORHHHH…

Update:  This is directly from HDB InfoWeb

What is Build-To-Order (BTO)

The Build-To-Order (BTO) is a responsive system offering flexibility in location and timing for flat buyers. Eligible buyers planning to shift into a new HDB apartment in the near future can apply for apartments in their preferred location from specific sites launched.

Contracts launched under BTO offer either 2-room, 3-room, 4-room or 5-room apartments, or a combination of the flat types, with standard or premium finishes. Tender for construction will be called only when most of the apartments in a specific contract have been booked.

At least, I don't PRETEND to be dumb.

It was mentioned during our PSOC class that in the 1950s, college girls pretend to be dumb when they are with their boyfriends. And this suggest gender inequality.

But then in today context, i think it's still the same. Guys don't dare to go after girls who had higher education than them. A degree guy wouldn't mind a O Levels girl. But would a degree girl mind a O Levels guy? True, nowadays girls may have higher intelligence than some guys, but will that turns potential mates off? You can't be sure.

Why do we still need the SDU (Social Development Unit) to encourage people to date,  get married and make babies? Is it because we are promoting too much of gender equality – if guys can be the CEO, so can we. Are we too intimidating or too clever for you? Are we of higher competence at work, and that you feel threatened? Like she's a business director in a MNC, and you are a mere business manager in a small company?

Even if the SDU stepped in to encourage couples to get married and have babies, why are the divorce rates even higher than before?

Why is it that the elders wants the girl has to stay at home to look after the kids and take care of the house? Why can't the guy do it as well? Why does it irks them when a guy admits that he's a house-husband?

Why is it that for guys to socialise at pubs is socially accepted, and married girls to socialize at pubs  is not?

So, moral of the story: gender inequality has been there and will always be there.
Yet on the side note, I think I'm mixing personal issues with schoolwork. right?


PKR CRISIS

Posted: 29 Oct 2009 04:22 AM PDT

THIS is not news. It is old news. But I still post this here, not only because I like the way it is written, but more so because it is not usual for political leaders to admit something is wrong with their party. That is news... and am learning (that is also news?)

AZIZAH: NOT ALL IS WELL WITH PKR

29 Oct 2009: RECENT changes to the leadership in Keadilan have caused confusion and consternation among some. I recognize that not everyone will be pleased with decisions made by the party's leadership and not everyone will appreciate the difficulty we face in seeking to accommodate all views, including those of the divisions and branches which make up the backbone of the party, while striving to guide our party towards achieving its goals.

As our party grows in number and transforms into a national organization we have struggled at times to identify right strategy and mix of leadership that will carry us to the next level. Along the way we have encountered great challenges and have also uncovered promising new talent. Our task remains a work in progress and the announcements made this week are based on consensus and consultation within the party to work towards a better future.

Keadilan was established with a mission to be a unifying force for Malaysians of all races and religions and restore the integrity of the principles enshrined in the Federal Constitution. This mission carries unprecedented import and its pursuit confronts us with unparalleled challenges.

Over the years many have poured scorn on our aspirations for a brighter future and have derided our belief in an end to racial politics and rampant corruption. And yet we, with our partners in the Pakatan Rakyat, made historic progress towards restoring democracy, freedom and the Rule of Law. We have done so despite a hostile media and the relentless attacks on us by the institutions of the government and the unlimited resources of the UMNO-led BN coalition.

I acknowledge the setbacks that we have faced since the March elections. Political parties are complex organisms and political coalitions are neither crystallized overnight nor even in a fortnight. The frustrations which have been expressed by some colleagues within the party and by some supporters are valid and I remain open to engaging all parties on the principle of mutual respect, understanding and an unrelenting commitment to the principles of justice and fairness.

The future of the nation does not lie in the hands of any one individual nor does our party nor does this coalition. I continue to ask the ongoing faith and patience of the people in supporting the mission of Keadilan and of Pakatan Rakyat.

WAN AZIZAH WAN ISMAIL
President

Parti Keadilan Rakyat


Politically incorrect

Posted: 29 Oct 2009 03:57 AM PDT

An Arabic family was considering putting their grandfather Abdullah in a nursing home.

All the Arabic facilities were completely full so they had to put him in an Australian home.

After a few weeks in the Australian facility, they came to visit Grandpa. ''How do you like it here?'' asks the grandson.

''It's wonderful! Everyone here is so courteous and respectful'', says grandpa. ''We're so happy for you. We were worried that this was the wrong place for you. You know, since you are a little different from everyone.''

''Oh, no! Let me tell you about how wonderfully they treat the residents'', Abdullah says with a big smile.

''There's a musician here-- he's 85 years old. He hasn't played the violin in 20 years and everyone still calls him 'Maestro'!

There is a judge in here -- he's 95 years old. He hasn't been on the bench in 30 years and everyone still calls him 'Your Honor'!

There's a dentist here -- 90 years old.. He hasn't fixed a tooth for 25 years and everyone still calls him Doctor?!

And me --

"I haven't had sex for 35 years and they still call me 'The Fxxxing Arab".


Dieting 'keeps diabetes at bay' - bbc online

Posted: 29 Oct 2009 03:55 AM PDT

Dieting 'keeps diabetes at bay'

blood monitoring
Diabetes disrupts blood sugar levels
A period of careful eating and regular exercise can stave off diabetes for a decade, a study suggests.
US researchers followed up nearly 3,000 overweight people who had taken part in a three year diabetes prevention programme.
The group had initially been divided into three - assigned either to a diet and exercise programme, the diabetes drug metformin or a placebo.
The Lancet report notes it was the dieters who reaped the most benefit.
All three groups were given access to ongoing lifestyle coaching once the initial three year trial had ended.
That trial, carried out by the US-based Diabetes Prevention Program Research Group, had shown a diet aimed at achieving 7% weight loss, combined with half an hour of exercise five days a week, reduced the risk of developing Type 2 diabetes by 58% compared with the placebo group.
The group on metformin, a drug which has been used to treat the condition since the 1950s, saw their risk decline by nearly a third.
We need more effective drugs for people who cannot follow intensive lifestyle therapy because of infirmity
Dr Anoop MisraLancet editorial
In the seven years after the trial ended, both the drug and placebo groups - now also eating more carefully and exercising - saw the rate of diabetes fall.
But the most significant drop was among those who had started out on a diet and exercise regime - their risk was over a third lower than the placebo group.
In an accompanying editorial, Dr Anoop Misra, a specialist in diabetes in New Delhi, described the prevention of the disease as "a long and winding road".
'No short cut'
Dr Misra said: "There seems to be no short cut, and a persistent and prolonged intensive lifestyle intervention seems to be the most effective way to travel on it."
But he warned it could not be the only measure: "We need more effective drugs for those who cannot follow intensive lifestyle therapy because of infirmity."
Type 2 diabetes usually appears in people over the age of 40, however increasing numbers of children are being diagnosed with the condition, some as young as seven.
Although obesity is a risk factor, not all people with type 2 diabetes are overweight.
Dr Iain Frame, head of research at Diabetes UK, said: "It is fascinating to read about the 10-year follow up studies and of the importance of lifestyle interventions, with or without metformin, in the prevention of Type 2 diabetes even after 10 years.
"There is clearly no easy route to take to prevent Type 2 diabetes but indications are that with further research into the long-term benefits of good dietary advice, physical activity and, where necessary drug therapies, we may be a step closer into helping people at high risk of developing Type 2 diabetes modify their lifestyle choices that are sustainable in the longer term."

PET+BLOGSPOT is the official online blog of the Malaysian Animal-Assisted Therapy for the Disabled and Elderly Association (Petpositive).

Our blog which was first established in October 2007 currently has more than 30,000 hits. Kindly take note that views expressed in this blog are not necessarily those of Petpositive.

You may also visit our Webpage by browsing: www.petpositive.com.my


Mengecam Tindakan Badrul Hisham Keluar Pakatan Rakyat

Posted: 29 Oct 2009 04:25 AM PDT

Saya mengecam tindakan Ahli Dewan Negeri Selangor bagi kawasan Pelabuhan Klang YB Badrul Hisham Abdullah yang telah bertindak keluar daripada Pakatan Rakyat dan menjadi ADUN bebas menyokong BN.Tindakan beliau ini walaupun dijangka berlaku tetapi beliau harus meletakkan jawatan setelah mengetahui kegagalannya untuk berkhidmat kepada rakyat di kawasan Pelabuhan Klang.Prestasi YB Badrul Hisham


Dollar In Crisis

Posted: 29 Oct 2009 01:21 AM PDT


Weakening Dollar

Dollar has been under heavy thrashing at the international arena ever since the outbreak of the so-called financial tsunami in mid-September of 2008 following the collapse of Lehman Brothers Holdings Inc., a giant investment bank in the states. The meltdown of the whole financial system in U.S. was contagious, leading the major economies worldwide to sink into crisis.

The fundamental cause of the tsunami-scale financial turmoil was the burst of the subprime mortgage bubble. Following the bombshell, U.S. fast slowed down and subsequently slipped into recession at a critical level not seen since the Great Depression in 1930s.

The U.S. government reacted with quantum monetary easing, a measure tantamount to printing dollars to shore up the dwindling economic growth. By rescuing the technically bankrupt banks and stimulating the fast weakening economy, the government had to dip further into the debts to come out with trillion-dollar packages. Inevitably, downward pressure started to build up on the dollar value, with the resultant effect of the greenback having to face severe sell-down.

U.S. is already the world's most indebted nation, with the outstanding public debts standing at a gigantic sum of 11 trillion dollars. As per U.S. National Debt Clock, the National Debt has continued to increase an average of US$3.9 billion per day. As such, the confidence the investors have in the dollar is thinning day by day as the gruesome debts pile up non-stop.

This mountain of debts is of grave concern to the world at large. Some economists have even predicted that the rising debts may be the next crisis!

Over the years, U.S. has been on worsening current account deficits, making the world's largest economy practically dependent on funds mainly from the new emerging economies for survival. Notable among all the fund providers is China.

When U.S. ex-president George W. Bush took the helm in 2001, he gave strong hints of his preference for a weak dollar policy. This policy was generally viewed as Bush's vow to trim the widening deficits of the current account.

The greenback embarked on a gradual downward trend from mid-2002. In his tenure as U.S. president, Bush's weak dollar policy failed to shrink the debts. In fact, the ultra-loose monetary policy during Bush's presidential terms had bloated the national debts through asset inflation, resulting in increased domestic consumption.

The rising national debts erode the investors' confidence in the dollar. Way back in 2006, big gurus like Warren Buffet and Jim Rogers gave out wake-up calls, advising investors to diversify out of the dollar.

And now, with the whopping rescue and stimulus packages, the greenback has been suppressed further, making the outlook even duller.

It is little wonder that major creditor like China is getting more vocal on the dim prospects of the currency. The government of China has been harsh on the dollar's credibility as the world reserve and trade currency.

G7 at its latest meeting pressurized U.S. to view seriously the falling dollar. Although President Obama reacted with a vow to keep dollar strong, he sounded pretty weak and empty. The fundamentals of the dollar just don't measure up to the president's call.

The latest figures show that the central banks have been moving their foreign reserves away from the dollar. This is really casting a chill over the prospects of the greenback.

The market talk has it that the States would just happily let its currency fall since it works to its advantage in contracting debts and expanding exports.


Era Najib Altantuya : MB Selangor Usul ADUN P. Klang Letak Jawatan

Posted: 28 Oct 2009 11:10 PM PDT

Menteri Besar Selangor Tan Sri Abdul Khalid Ibrahim membuat usul kepada Majlis Pimpinan Pusat Parti Keadilan Rakyat menyarankan supaya Ahli Dewan Undangan Negeri (ADUN) Pelabuhan Klang, Badrul Hisham Abdullah meletakkan jawatan.

Setiausaha Politik Menteri Besar, Nik Nazmi Nik Ahmad berkata usul berkenaan dibuat atas keprihatinan kerajaan negeri terhadap aduan penduduk Pelabuhan Kelang mengenai prestasi Badrul Hisham.

Walaupun diberikan surat tunjuk sebab sebelum ini, Badrul gagal memperbaiki prestasi kerja beliau selain enggan membuka semula Pusat Khidmat beliau untuk penduduk setempat.

Badrul juga enggan berjumpa dengan pimpinan kerajaan negeri ataupun parti dan tidak melayan panggilan telefon atau SMS yang dihantar kepada beliau mengenai isu berkenaan, kata Nik Nazmi.

"Datuk Menteri Besar Selangor, Tan Sri Abdul Khalid Ibrahim mengambil keputusan untuk menyatakan kepada Majlis Pimpinan Pusat Parti Keadilan Rakyat agar YB Badrul diminta letak jawatan kerana gagal menunjukkan prestasi yang baik selaku wakil rakyat Pelabuhan Klang," katanya.

Nazmi berkata kerajaan negeri telah menerima banyak aduan mengenai mutu kerja Badrul sebelum ini.

"Kerana banyak aduan, kita telah memberi surat tunjuk sebab, apabila dia (Badrul) membalas surat tunjuk sebab, dia menyatakan kesedian untuk berjumpa. Tetapi sampai hari ini kita cuba berjumpa dengan dia tetapi tidak berjaya, tidak dapat menghubungi beliau malah penduduk pun sukar untuk berjumpa dengannya," kata Nik Nadzmi.

"Jadi sebab itu kita ambil keputusan untuk minta dia letak jawatan," katanya.

Nik Nazmi berkata usul berkenaan tidak dibawa ke Speaker Dewan kerana Menteri Besar tidak mahu memecat Badrul sebaliknya hanya mahu beliau meletakkan jawatan secara sukarela.

Menurutnya kerajaan negeri tidak akan bertolak ansur dengan wakil rakyat yang tidak bertanggungjawab kerana ia hanya mengekang usaha kerajaan negeri dalam memajukan Selangor. -TVS




This posting includes an audio/video/photo media file: Download Now

nizar najib altantuya: 1Malaysia Tragedy - Third victim of bridge collapse found

Posted: 28 Oct 2009 10:48 PM PDT

UPDATED 1.11PM The body of the last of the three victims of the Monday bridge collapse at Sungai Kampar here was found today.

Meanwhile in a related development, a Perak Malaysia Anti-Corruption Commission (MACC) spokesperson said that an investigation has been opened on the construction of the suspension bridge...

"We will investigate the matter thoroughly. The MACC feels there could be a strong case (for either corruption or wrongful procedure)," the MACC spokesperson told Malaysiakini.


No comments: