The large amounts of money spent in the country. What can you infer from it? Ridiculous? Amazing? Or both?

This is a compilation of all the RM spent by BN throughout the years. The source can be found by clicking here.

I received an email highlighting The Wastage In Billions Of Ringgit Which Could Have Improve Lives Of The Rakyat. It's no wonder UMNO 's platform for re-election is based on promoting race to hide the fact they they have failed the Rakyat is so many ways. I guess when individuals do not have much education it is easy to sell them 'Ketuanan Melayu'. blinded by racist sentiments they support a party that do not practice good governance and accountability. If not for the billion wasted, there is no need for quotas as there will be enough to go round.

1. The Bank Bumiputra twin scandals in the early 1980s - US$1 billion (RM3.2 billion in 2008 ringgit)

2. The Maminco attempt to corner the world tin market in the 1980s is believed to have cost some US$500 million. (RM1.6 billion)

3. Betting in foreign exchange futures cost Bank Negara Malaysia RM30 billion in the 1990s.

4. Perwaja Steel resulted in losses of US$800 million (RM2.56 billion). Eric Chia, was charged with corruption for allegedly steering US$20 million (RM64 million) to a Hong Kong-based company

5. Use of RM10 billion public funds in the Valuecap Sdn. Bhd. operation to shore up the stock market

6. Banking scandal of RM700 million losses in Bank Islam

7. The sale of M.V. Agusta by Proton for one Euro making a loss of €75.99 million (RM 348 million)

8. Wang Ehsan from oil royalty on Terengganu RM7.4 billion from 2004 – 2007

9. For the past 10 years since Philharmonic Orchestra was established, this orchestra has swallowed a total of RM500 million. Hiring a kwai-lo CEO with salary of more than RM1 million per annum !!

10. In Advisors Fees, Mahathir was paid RM180,000, Shahrizat Abdul Jalil (women and social development affairs) RM404,726 and Abdul Hamid Othman (religious) RM549,675 per annum

11. The government has spent a total of RM3.2 billion in teaching Maths and Science in English over the past five years. Out of the amount, the government paid a whopping RM2.21 billion for the purchase of information and computer technology (ICT) equipments which it is unable to give a breakdown. Govt paid more than RM6k per notebook vs per market price of less than RM3k through some new consortiums that setup just to transact the notebook deal. There was no math & science content for the teachers and the notebooks are all with the teachers' children now.

12. The commission paid for purchase of jets and submarines to two private companies Perimeker Sdn Bhd and IMT Defence Sdn Bhd amounted to RM910 million.

13. RM300 million to compensate Gerbang Perdana for the RM1.1 billion “Crooked Scenic Half-Bridge”

14. RM1.3 billion have been wasted building the white elephant Customs, Immigration and Quarantine (CIQ) facilities on cancellation of the Malaysia-Singapore scenic bridge

15. RM 100 million on renovation of Parliament building and leaks

16. National Astronaut Programme - RM 40 million

17. National Service Training Programme - yearly an estimate of RM 500 million

18. Eye on Malaysia - RM 30 million and another RM5.7 million of free ticket

19. RM 4.63 billion, ’soft-loan’ to PKFZ

20. RM 2.4 million on indelible ink

21. Samy announced in September 2006 that the government paid compensation amounting to RM 38.5 billion to 20 highway companies. RM 380 million windfalls for 9 toll concessionaires earned solely from the toll hike in 2008 alone.

22.. RM32 million timber export kickbacks involving companies connected to Sarawak Chief Minister and his family.

Bailouts –
23.. Two bailouts of Malaysia Airline System RM7.9 billion. At a time when MAS incurring losses every year, RM1.55 million used to buy three paintings to decorate its chairman's (Munir) office. 24. Putra transport system bailout which cost RM4.486 billion.

25. STAR-LRT bailout costing RM3.256 billion.

26. National Sewerage System bailout costing RM192.54 million.

27. Seremban-Port Dickson Highway bailout costing RM142 million.

28. Kuching Prison bailout costing RM135 million.

29.. Kajian Makanan dan Gunaan Orang Islam bailout costing RM8.3 million.

30. Le Tour de Langkawi bailout costing RM 3.5 Million.


Please forward to all our family and friends & let them all know how much the BN has cheated & wasted our hard earned $$$ !!!!!!!!

By Zaihani Abdul Hamid

To all msian drivers. know your rights! the police CANNOT hold your IC and driving's license WITHOUT YOUR CONSENT.

1. Here's the law. It's not wrong to take video footage on what is happening when being confronted by the police. It only serves as EVIDENCE and the police should be more than happy to let you videotape it IF they are law abiding citizens themselves.

2. It is AGAINST the law for the policemen to take your IC and/or driving license WITHOUT YOUR CONSENT and if they do, it is no different from being robbed.

3. When being confronted by the police, it is also NOT WRONG to ask them to show their IC, license and proof of identification as a Malaysian police. If they do not comply, I do not see why we should comply as well for they could be crooks dressed in blue for all we know.



4. Lastly, NEVER feel intimidated. Know your rights and exercise it =)

100 storey tower and it's economic magic

1. Multiplier effect is when the value of money is multiplied in terms of usage. A single RM1 note can be valued at RM10 when 10 different transaction is made. Under this circumstance, the multiplier effect is at 10.

2. Government spending means more liquidity in the Malaysian economy. The current case would be that of the 100 storey tower. More liquidity means more money in one's pocket and hence, more spending. More spending means higher multiplier effect because more transaction is being made. The economy will grow with this mega project.

3. However, the magic in this mega project can only be utilized if and only if corruption within those involved in the project is curbed. If the money channeled to the project is then channeled back to individual pockets, chances are that these money will not be invested locally but will be sent to foreign countries as investment or safe keeping. If this happen, Malaysia will be low in liquidity and the central bank will have no choice but to print more Ringgit to meet LOCAL demand. Printing more Ringgit means higher Ringgit supply internationally and locally which ultimately leads to a deflation in the currency (think of the simple supply demand model to understand this).

4. We also know that Najib is a stubborn person who will act according to what he feel (or for those Najib supporters, think) is right. Being the most powerful person in the country, there is no stopping on his decision regardless on how ridiculous or fantastic it may be until the next general election when he is finally brought down to his knees. The government is there to fulfil the needs of the people and not the need of one individual. If he cannot fulfil the needs of the people (which is a no to the 100 storey tower), then what is the use of having a government?

5. Until the next general election when we Malaysians unite to bring down the rule of UMNO and BN, I suggest for now that we not demand the rejection of the project for it will ultimately be a waste of time and effort, but we demand that the budget be transparent and that corruption is taken care of. We should just make the best out of the worse possible situation and hopefully the future Malaysians will not find it too hard to undo the mistake of UMNO.

Kudos to Penang for curbing corruption

As a Malaysian Chinese, I feel really proud for all Penangnites, especially LGE to have finally combat corruption in 18 months whereas UMNO has been doing so for decades (click here for info). However, I would like to highlight a few major points that we should think about and NEVER forget or as one would say, "history will repeat itself".

1. We as Chinese should NEVER CRITICIZE others for being unable to perform. May 13 happened after the Chinese won the election and started yelling at the Malays to "balik kampung". Us criticizing them now for successfully implementing a corruption free system while simultaneously laughing behind the Malay's back is of no different from the incident prior to May 13.

2. The Chinese has a history of more than 10,000 years old. Through time and time again, our culture was formed to withstand the thick and thin that can happen to us any time. So obviously we Chinese can always have the upper hand compare to other race. This does not however mean that we are a superior race. We are only of a senior race, never superior. Instead of shouting and demand others to follow our ideology, why not make the first move in understanding their spirit of muhibah and togetherness? Nobody (especially the Malays) will bother what we have to say, if we ourselves do not make the first move in understanding them.

3. I will not admit that I have never harvest thoughts of racism and the downfall of the Malay race and point at them while saying "HA! told you so". But I will also not admit that the Malaysian Chinese alone can survive IF MALAYSIANS ARE NEVER UNITED. Yes we can flee from the country. The grass is (indeed) greener on the other side. But how many people have this wonderful opportunity to get to this "other side"? Our friends and families (and their friends and families etc) that are not privileged enough will forever bear the struggle between the 2 races.

4. As a Malaysian Chinese, I will admit again, that I am racist to a certain extent. But I am willing to go to the extent of silencing my racist thoughts if my family and friends can enjoy a better future not as a Chinese, but as a united Malaysian. So please, if you ever read this, think about it, not for yourself, but for the future generations. I would like to borrow a quote from some indigenous tribe and comment, as a Malaysian, that "we do not inherit Malaysia from our forefathers, but we owe it to our children". Make the first step in understanding them (Malays) and eventually, even if it is just one in 10, 20, or even 50 years, but in the distant future, the numbers will grow and peace will eventually be achieved.