Malaysian Gate

MP Nurul Izzah Anwar proposal

2012-02-13T06:14:00.001-08:00

'If NFC can get soft loan, why not house buyers?'Rather than utilise RM1.5 billion from the Employees Provident Fund (EPF) for low-cost housing loans, the federal government should explore such options as the soft loan enjoyed by National Feedlot Corporation (NFC), said Lembah MP Nurul Izzah Anwar.

Response:
1M for All He ....nurul proposal is brilliant with the rayaat welfare in mind . The government should give soft loan @ 2 % interest per annum for all low cost housing purchase to the lower income rayaat. Using EPF funding at 6.5% interest for low cost housing is not much different than using commercial bank fund. Does the federal treasury has the money to provide the proposed financing?

L Joy Let us get this very clear. The reason EPF name is dragged in was because it was Nong Chik and Najib's wish to have EPF provide lOans but when the loud public opinion was raised against it , they changed their story to that Govt will guarantee the loan 2.67 times. Now , why would the govt do that , if they can n the first place take the loan from EPF and then issue loans to house applicants in KL, or for that matter anywhere else. Why not? So much simpler isn't it? The reason is that najib doesn't want the loan reflected under govt because the govt loans have hit ceiling levels, and with the new Govt salary scale impact, more loans are envisaged , which will bring Malaysia to Greece status , meaning Rating Agencies can easily downgrade Malaysia Sovereign ratings two notch as they did for Greece, and that will bring rM value down as much as 50% against most trading currencies. That effect will have Petronas earnings, drive up debt ratios , in USD notes, force widespread poverty Greece

Swkdayaks With currently RM440 billion debt, where else can Najib and the BN looks for money? Najib has been throwing money everywhere to buy votes so how is he going to recover these money from? Najib just spent and spent without thinking that we have to recover all these money from somewhere! In the end, EPF money is now targetted. uuh what a shame!

Deputy minister 'trashes' Buku Jingga over Felda

2012-02-13T06:07:00.001-08:00

A deputy minister today threw a copy of Pakatan Rakyat's policy document, the Buku Jingga, into a rubbish bin to vent his frustrations over the latter's criticism of the handling of the Federal Land Development Authority (Felda).

Response:
lim chong leong When they cannot rebut point by point the Buku Jingga, the obvious thing to do would the the most cowardly act of dumping it into the rubbish bin and making a big show of it without the need to rebut. The whole act just stinks of Umno arrogance. If Ahmad Mazlan and the Felda scam is so great, then offer to debate and not put up a show of dumping the buku into the bin which is kurang ajar and bongkak.

socialist007 Once FELDA public listed anyone can buy the shares and control company. Even foreign giants can take over and kick the settlers out of their land. By the time UMNO would have made their money and escape from Malaysia. Felda is one of the last gold mines to be exploited by UMNO.

Sorry bad written comment points is Why throw or Trashes Buku Jingga into a BIN. Whose that act warrant for. If the Deputy Minister want to proof a point rather go into details on Buku Jingga which part of that PR common Frame work policies not befiting for the common good of the malaysia.Look at it this way Is our Felda shettlers really understand listing.How educated are this people who are veteran then only able to play the land with not asking any question.Now maybe their children are educated want to really know If with listing How will it benefit the shettlers.With ANAK and educated opportution question are posted but Can the BN/UMNO got any answer.If answer satisfied then I Think the shettlers will take its up on good fate. As much they want to too many issue by BN/UMNO like the NFC,PKFZ,BBC nobody do really trusted anyone anymore that included PM/DPM Taib.If our Macc is good as Hong kong anti corruption report to parliament Macc will come out with flying colour.

AkuMelayu Even the Pakatan Kedah MB does not respect the Buku Jingga. This is what he said "Kedah will not follow Pakatan Rakyat's Buku Jingga or the Common Policy Framework as it is not the Quran. I will certainly hit back at critics who use flimsy excuses like the Buku Jingga to undermine my administration." A worthless junk appropriately dump by the deputy minister into the rubbish bin.Some people here can be so stupid. They cannot even differentiate between a book and an election manifesto. Even Kedah MB says "Kedah will not follow Pakatan Rakyat's Buku Jingga or the Common Policy Framework as it is not the Quran. I will certainly hit back at critics who use flimsy excuses like the Buku Jingga to undermine my administration." This shows that Buku Jingga is nothing more than a political promise on paper.

Mat Malaysia This is the book 50% or more of the population support and this cretin has just thrown it into a dustbin. This is the respect this moron shows for members of the public. Does he really think he is scoring brownie points? Keep it up Mr. Idiot bin bankrupt of ideas. Your days are numbered. Such kampung mentality. No statesmanship. No class. No sophistication, just raw untreated sewage.

DAP slams unprecedented 6% fee for MRT partner

2012-02-13T01:04:00.000-08:00

Recent project for MRT costs of at least RM1.08 billion, together with a 6 percent project delivery fee promised to Mass Rapid Transit Corporation (MRTC).

Response:
The PDP's duty encompasses that of a management consultant's role and in its armpit, it romps in other technical consultants such as civil and structural engineers, architects, traffic consultants, etc. As PDP, its main role is to ensure that funds allocated by the government is utilized in a transparent, open, fair and unbiased way in procurement and construction packages. As such, as the PDP, the setup should not be allowed in participating of construction works at all. Surely any inkling of professionalism or following codes of ethics will be flushed down the drain should the PDP be allowed to bid for the tunneling construction works - FellowMalaysian

Up2U - One scandal after another. It would seem that the current Government is preparing a very rich retirement plan or an insurance scheme just in case they lose in the next General Election. They seem to be plundering hundreds of millions and the next big step is to privatise 10 GLCs to Malay entrepreneurs which will be their cronies or nominees. So what if it is so obvious?

Malaysiangate blog is back!

2012-02-09T20:01:00.000-08:00

Previously Malaysiangate blog is one of the best providing info on Malaysian political issues.Then suddenly it disappear from blogsphere world.Now its back and will provide more fresh stories.