RM5 Billion Bailout Fund: Where we got the money from

Kuala Lumpur 20 October : A RM5 billion investment fund was announced by Deputy Prime Minister Datuk Najib Tun Razak today as part of the overall financial aid for our Malaysian Economy to withstand the global economy turmoil, if it is yet to be qualified as "the rescue plan" of the BN government has had for the nation. It was earlier elaborated by Najib as well as Nor Mohammad, second finance minister and deputy finance minister Kang C. H. that our country's economy remained strong and vibrant, and is resilient to any potentially hit caused by the current global economy pitfall.

It is said that the fund will be injected to ValueCap Bhd, an investment company which was formed during the era of the previous Malaysia Premier, Tun Mahathir. Through ValueCap, funds will be injected or used to purchase undervalued shares of publicly listed GLC's from Bursa Malaysia.

The question is : where the money of RM5 billion comes from? It was not clearly mentioned during the brief. From Khazanah, Finance Ministry, or Petronas again? or even worst: from our hard earned EPF money???!!!

It is indeed, our hard earned money from EPF!!! (refered to latest article in Malaysia Today)

Good market observers described the current market situation as the falling knife. "Never try to stop or hold or catch the falling knifes, or one will get hurt, badly." The next question: how far the RM5 billion fund could effectively rescue the current falling market? Which counter are they looking at to invest?And critically, EPF has got their very own investment expertise who can perform the tasks well, why must they go through ValueCap? Would there be any hidden agenda?

依法处置：高官放火，与庶民同罪

北京讯：北京原任市长刘志华因受贿近人民币700万（马币350万），在河北衡市中级法院接受审判，被判处死刑，缓期2年执行。


是350万马币。因为350万马币，这位仁兄赔了自己的性命，赔了自己大好前途（北京市长啊），赔了美好家庭，更会在史书留下污名。

中国纵然在国际社会里的贪污指数名列前茅，但其在肃贪方面的认真执法，确实应该成为多国模仿的榜样。马来西亚，你还差的远呢。我国首相扬言即将在临退位时的5 个月内确保其改革议程得以付诸行动， 而其一就是肃贪。据闻，五桶里有着不少反对声音，或许是害怕游戏规则被改变，害怕自己将没得好吃，态度才那么强硬，管他交棒不交棒，挡我者死。
有时候，还真的有点儿佩服我们酷爱睡觉的首相的坚持。人死留名嘛。
可以肯定的，这将会是荆棘满满之路。

日本救市计划

2008年10月18日：
日本国会通过1.8兆元（马币约627.431亿）的紧急经济振兴方案，以图解目前金融市场所面对的困境。早前日经指数狂泻11.4%, 为1987年10月以来单日最大跌幅。尽管如此，市场大多数人仍认为当前的救市行动是不足够的。

马来西亚中央银行在邻国中央银行纷纷提供存款担保后，也于10月17日宣布为本地银行存款提供100%担保的措施。

还记得日前我国新任财政部长纳吉和第二财政部长均提示我国人民无需担心，国家经济根基依然稳固，经济表现依然强劲，不会受美国和世界经济波动所影响。

国家领袖素质实在令人担忧，特别是在金融和财政这种需要拥有专业知识的领域。在这非常时期，勇敢面对才是正面之举。一子错，满盘皆落索。