Archive for February, 2008

Armed Forces fund pays 16%; EPF only 5.8%

This is an excerpt of a report from The Star:
…Najib also announced that contributors to the Armed Forces Superannuation Fund (LTAT) would receive a 16% dividend and bonus payout, the highest since 1997.
He said the LTAT would pay out 7% in dividends, 3% bonus and another 6% in special bonuses to its 120,000 contributors for [...]

Roses for PM day - updates

[youtube=http://www.youtube.com/watch?v=sMUy8BQveEg&rel=1]
It looks like it is going to be another eventful day. Before going further, check out Subramaniam Pillay’s piece Hindraf rally: A plea of the dispossessed? on the reasons for the emergence of Hindraf and Makkal Sakthi.
9.02am - Receive a phone call informing me that a group of people from Penang heading to [...]

Writing’s on the wall for Samy Vellu

Hostile reception: Police moving in to escort Samy Vellu to his car after he was surrounded by angry youths at a Tamil school groundbreaking ceremony in Petaling Jaya Wednesday. (Photo credit: The Star)
I nearly missed this picture in The Star. The MIC leader certainly doesn’t look too happy. In fact, he can’t go anywhere in [...]

Will the next US president say “No” to War and Occupation?

[youtube=http://www.youtube.com/watch?v=3gwqEneBKUs&rel=1]
Unlikely.
You see, war is a profitable business in the United States. Apart from boosting weapons sale, it is also Big Business for mercenary private contractors and “reconstruction” companies, which stand to make huge profits. The United States spends close to US$1 trillion on “defence” and it has over 700 military bases around the world.
Disruptions [...]

Samy Vellu in “top form”

[youtube=http://www.youtube.com/watch?v=_f0nr7vzh7I&rel=1]
Here’s a clip of the man himself, obviously in “top form”. A lot of bravado. He says “the BN will win 100 per cent because this is one government in South-East Asia that truly fulfils its promises to the people”.
Why, his opponents are “already dead” or they simply “don’t exist”.
We shall see on polling day.