SAD NEWS - SIME DARBY TAKEOVER I.J.N.

According to Sime Darby Watch WeBSITE,Sime Darby is taking over IJN the National Heart Institute.This is bad news for all the poor Mak Cik,Pak Cik,Uncles and Aunties who is suffering HEART AILMENT and the days of cheap and subsidise medical treatment in the IJN is coming to an end.If Sime Darby Watch wed masters Azzudin is correct that the Govt under the MOF have sold IJN to Sime Darby and Rocky is right in saying that none of the good consultants have left,I think this govt is irresponsible and have not learn anything from the last election.The principal objective of the IJN is to provide cheap heart specialist medical care to the poor and needy and it will come to an end when Sime takes over. Just look at Subang Jaya Medical Center.I hope some legal expert out there can help me by advising whether a taxpayer like me can go to court to stop all this nonsense.Someone out there,please help because if we do not do something,a lot of poor people will be in trouble.To all the Mak Cik,Pak Cik,Uncles and Aunties who seek treatment in IJN,GEORGE CHOO will PRAY HARD for all of you.

Cabinet to discuss on reduction of oil price.

My reliable source just told me that the cabinet will discuss further price reduction of petrol in its weekly meeeting tomorrow (wednesday).In my last posting it was determine that the price of petrol should be RM 1.00 with subsidy.If the govt cares for the rakyat,it should reduce pump price of petrol to RM 1.00 IMMEDIATELY. I challenge the govt to reduce the petrol price to ONE RINGGIT as the RAKYAT deserve to enjoy cheap petrol price as Malaysia is a NET EXPORTER of oil with a surplus of 55000 barrels of oil per day.

Price of petrol should be RM1 with subsidy and RM1.30 without subsidy

1 Barrel of oil = 152 liters of oil.
Price Per Barrel = US$ 41 (CLOSING PRICE IN AMERICAN MARKET).
Therefore, price per liter of oil is 41 divided by 152 = US$0.269 = US$0.27
Conversion to RM at US$1 = RM3.60,per liter of petrol is 0.27 x 3.6 = RM 0.972.
Cost of refinery and transportation per liter is RM0.32sen.Subsidy is 30sen.

Therefore,price of petrol per liter WITH SUBSIDY is
RM 0.972 + 0.32 - 0.30 = RM 0.992 = RM 1.00.

But price of petrol WITHOUT SUBSIDY is RM 0.972 + 0.32 = RM 1.292 = RM 1.30.
The above calculation prove that the govt is making money from the petrol price and it is advisable for the govt to reduce the price of petrol in order to reduce the burden of the RAKYAT.

Malaysiakini is 2 weeks late.

Today,Malaysiakini confirmed that Malaysia is in recession. With respect, web portal Malaysiakini confirmation is 2 weeks later than the confirmation of recession in Malaysia by George Choo on this website on my last posting on 19th November.As all our export market is in recession which make us lose our export revenue,the only way to avoid a recession is through "PUMP PRIMING" where the Govt spend big money on infrastructure projects to grow the economy through the "MULTIPLIER EFFECT".To do this the govt must have money like what the chinese govt have done by spending US$586 Million to move the economy.Unfortunately in Malaysia,because of corruption the govt is on the verge of BANKRUPTCY and it does not have money to carry out projects as it has cancelled projects like the Penang Outer Ring Road and monorail projects together with the fact that it has asked EPF to loan RM5 Billion to Valuecap.As I have advice the readers of this blog,we are in recession for the long run as the govt does not have money to grow the economy and the best defence is to control our expenditure as "NO ONE WILL CRY WITH YOU WHEN YOU ARE IN DEEP FINANCIAL TROUBLE".

CONFIRM : Malaysia is in RECESSION

If recession in Malaysia is measure by the number of pair of shoes purchased by the girls and ladies,then is is CONFIRMED that Malaysia is in RECESSION.It is reported that female shoe customer will on average buy 10 pairs of shoes every year but for 2008,they on average purchase only 7 pairs of shoes.The shoe industry is feeling the pinch of the global economic meltdown as sales have dropped 25% since Hariraya.According to the Malaysia Shoe industry Association sales for 2009 will be worse. The number of pairs purchase by female is a good economy indicator as it show the purchasing power of the ladies.Many years ago,I have a girlfriend Jenny who have the same ideology in shoes as Imelda Marcos.When she go to a shoe boutique,she will buy not one or two pairs but three pairs at any one time. The maximum number of times she wear each pair of shoes is 5 times and subsequently these shoes will be display at her shoes museum until chinese new year where she will take all to her hometown Ipoh and the shoes is given to all the ladies and girls FOC.In good times the female will buy more than one pair of shoes at any given time but currently they will buy only 1 pair. Hence,the shoe industry is expecting a dropped in business of more than 30% for 2009.Therefore,a good indicator have proved that Malaysia is indeed in RECESSION.