Friday, April 15, 2011

Ruling party going all out?????

Disclaimer: This is a PG13 and 18 SX posting. Please come back another day as content of today's post may offend some readers.

Is our ruling party knows something that we don't? Do they know that they are going to lose in big time and making some last minute ditch, trying to stay afloat? No matter how RPK explains himself, I find it difficult to swallow -- to certain extend insulting my intelligence.
go here http://youtu.be/QBslOyX8J4Q

Original Transcript of RPK - Alang Bendahara Interview
.by MCLM on Wednesday, April 13, 2011 at 11:02pm.Q1: Why make the revelation now, why didn't you correct the media reports soon after your SD came out two years ago?

Actually the SD was signed 3 years ago, not 2 years ago. And it was published the very next day and I was arrested and charged almost immediately.

I have been writing article upon article over the last 3 years saying that I did not make any allegation about Rosmah Mansor and the two Lt Kols husband and wife. What I said was that an informer had informed me about the matter. By the way, have you read my SD yet? I would suspect not, as many who comment do so without reading it. That is why you said 2 years instead of 3. Or else you would have known it was signed in June 2008.

Anyway, is it my job to correct what the mainstream media intentionally distorts? And did anyone from the mainstream media talk to me? Most of the mainstream media actually covered my trials but still they misreported the whole thing.

Are you saying I am to blame for the misdeeds and malicious acts of others? Their job is to whack me and that is what they did. Now, after 3 years of getting whacked, I am whacking back. Is this not my right?

Anyway, the interview was done 2 months ago, not now. People ask me why now, just before the Sarawak elections?

2 months ago there was no confirmation of the Sarawak elections. So when do I do it? After the Sarawak elections? Then, after the Sarawak elections, people will say why now, just before the 13th GE? So I wait until after the 13th GE and people will still ask, why now, just before a by-election?

So when should I do it? After Malaysia bans elections?

Q2: Can you comment on Din Merican's denial that he was involved in the attempt to discredit Rosmah and Najib?

Did I say he was involved? I just asked him to check with Anwar Ibrahim the background of Lt Kol Azmi Zainal Abidin and that was what he did. And he admitted this in his Blog posting. So what is the issue? Why accuse me of something I did not do?


Q3: Aside from your Statutory Declaration, do you have any proof of the involvement of the people you mentioned in the attempt to discredit Najib and Rosmah?


What do you mean by proof? Video recordings of them in towels in a hotel room? Define ‘proof’. Anwar was convicted and sentenced to 15 years jail in 1999 based on testimony. Testimony is proof and that was good enough to sentence Anwar to 15 years jail. My testimony is even better. It is in the form of an SD.

Q4: Now talks on the ground is that your sudden revelation is because you want to return to Malaysia. Your comment?


Talks on the ground is that Najib was caught kalwat in a Port Dickson hotel room. Do you want to ask Najib this? Who cares about talks on the ground? If the government says I am welcome back in Malaysia and I tell the government to go to hell because I love it in the country of my birth what then are you going to say?

And what ‘sudden revelation’? Have you not heard what I said? I have been repeating this again and again over the last 3 years. What’s so sudden about saying the same thing over 3 years? You mean I kept silent the last 3 years and only today I am talking?


Q5: You have also been accused of shifting attention from the Sarawak election with your latest allegation. Your thoughts.

Shifting attention? You really must improve your communication skills because I don’t understand what you mean. I have also been accused of going to church every Sunday and that my wife and I have left Islam to become Catholics.

Do you really think I care what they say? My interview was done before the announcement of the Sarawak elections. Maybe they held the Sarawak elections to shift attention from my interview since my interview came first.

Q6: Where does your loyalty lie now that you have turned the tables against Anwar and the opposition front?


You must be smoking something. Let me know what it is so that I can get some. My loyalty from Day One was always with the rakyat: dulu, kini dan selama-lamanya. Now, which part of the word rakyat don’t you understand?

Raja Petra Kamarudin

http://malaysia.today.net/


Why a teaser like this released over internet? Do you believe the person is Anwar Ibrahim?



I don't like to comment much about politics but what they did certainly keep my blood boiling. Instead of focussing what is best for the people - I want to avoid using Rakyat because it has been over-used and over-abused so badly - they decided to have pissing contests.

Wednesday, April 13, 2011

Over reactions?



The market reacted negatively for no apparent reasons for the last few days. Up or down is just a natural rhythm of the market. It has been on the upward trend for 3 consecutive weeks, so taking a breather is natural but the degree of people dump stocks is quite severe. Read all over the places -- pundits and investors got a bit worried on coming April 16 pooling. They have good reasons to be worried because when BN did not get the 2/3 majority, Sarawak gave a them a big boost(see picture). Should Sarawakians begin to sway or rather got pissed off and turn their backs in coming GE 2013 or sooner, BN can be in a deep shit. This Saturday results will make a lot of people to extrapolate the results into the next GE results.


Let's see how the market react till this Friday. Should KLC drops below 1,500, the market is already pricing in a possibility that BN will lose in a big time but in reality, the situation may not be as bleak as many people thought.

Monday, April 11, 2011

Will be back soon



Will be away for a while on a business trip. Still having jet lagged, woke up middle of the night starring at the ceiling. Having a bit of spare time, I visited Niagara falls(from Canada side) earlier of the day. The crushing sound of the water falls is at its purest natural audiophile I ever experienced. It was loud, and you are not going to detect the slightest cracking sound. It will evoke all your senses -- physical, emotional and spiritual. That's how majestic God's creation is!

The water is crystal clear. By the way it is not blue color that we mistakenly had in our mind but it's crystal green. Watching the water running through the layer of erosion resistant limestone and dolostone is really an amazing experience.

P.S. I did not take my camera with me so I have to "borrow" an online picture. Having seeing the real one, just like seeing real masters' fine art pieces, the way you look at the picture will never the same again -- it's has life elements in it.

Thursday, April 7, 2011

Monday, April 4, 2011

The US unemployment situation


The US job growth after the recent recession is sharper than post-DotCom bubble. However, the pace of recovery is still way below post-world war II. This development does warrant some interest rate tightening but I doubt it will be very aggressive. Hence, it will be equity friendly.

Saturday, April 2, 2011

Turtle Portfolio Update - April 2011



Portfolio return bounced back to above 25%. Cash level is getting closer to 34%, still have some work to do to get it down to 20%. Will not want to get fully invested as I believe the environment will remain volatile and having spare cash will be handy.

Friday, April 1, 2011

Dow Jones Transportation Average Index breaks a new high



After all said and done.......the US at the moment is still the biggest economy in the world. It contributes to about 25% of world GDP. The pick up of the economic activities will have positive effects on to the world despite of some set back in Japan or lower targeted growth in China. Overnight in the US, the Dow Jones Transportation Average broke its previous high in February 18, 2011. The index is measuring a group of stocks that is moving goods. Breaking a new high is reflecting the strength of the US economy. I believe we will soon see a new high in Dow Jones Industrials and S&P 500.

I have been skimming finance blogs and found that most them are quite bearish. I still believe it is too soon to fold. However, I do acknowledge that it is increasingly more difficult to pick stocks or a sector(s). If that is so, buying an index that mimicks the FBM-KLCI will solve our stock picking headache and at the same time give us another decent 10% upside from here. I am planning moving cash back to stock as I believe corrections is coming to a temporary end, in not ended already. Good luck.