Ilmu membangun bangsa
15 years ago
Wednesday, July 29, 2009
Tuesday, July 28, 2009
G20 Meltdown - London Protest 1 April 2009 - Financial Fools Day (Anti Capitalist Movement)
This is what happen when people hunger and homeless. Financial meltdown created from capitalist financial system no longer trusted.
Friday, July 17, 2009
Skim Jaminan Modal Kerja dan Skim Jaminan Penstrukturan Semula Industri bernilai RM10 bilion
Kenapa? Institusi kewangan diingatkan jangan memberikan pembiayaan sewenang-wenangnya melalui Skim Jaminan Modal Kerja dan Skim Jaminan Penstrukturan Semula Industri bernilai RM10 bilion yang diperuntukkan kerajaan dalam pakej rangsangan kedua.
Dari mana datangnya dana tersebut? Dana tersebut bukannya milik bank apatah lagi bukan milik kerajaaan. Wang kredit yang diwujudkan oleh bank dengan sewenang-wenangnya tanpa sesen modal apa yang nak ditakut. Tetapi sistem akaun yang dicipta kapitalis tidak mengizinkan ini berlaku. Akaun bank perlu seimbang, setiap kali wang kredit di cipta, akuan perlu diimbangkan iaitu kepada nama peminjam. Jadi, setiap yang keluar perlu di ganti semula, ditambah lagi dengan beban bunga yang dikenakan.
Sudah lah wang kredit tidak dicukaikan, rakyat pula yang terbeban. Manakan tidak, kita meminjam duit yang tidak wujud secara fizikal di dalam sistem kewangan kita, tetapi terpaksa bayar dengan duit dari titik peluh susah payah kepada Bank setan!!!.
Jadi, di mana silapnya. Kembalilah kepada ajaran agama. Mungkin dari Quran banyak yang kita boleh ubah dan lakukan.
RM8 billion dana
Tidak kah anda terfikir dari mana datangnya dana RM8 billion yang akan digunakan untuk memangkin ekonomi negara di bawah pentadbiran DS Najib. Siapa yang punya jawabannya please share?
Wednesday, July 8, 2009
Sunday, November 2, 2008
What matter most
Utusan Malaysia, Ahad November 2, 2008
Fatwa yoga diumumkan Jumaat ini
KUALA LUMPUR: Majlis Fatwa Kebangsaan akan mengeluarkan fatwa mengenai hukum senaman yoga - yang dikhuatiri boleh memesongkan akidah, Jumaat ini.
Menurut Ketua Pengarah Jabatan Kemajuan Islam Malaysia (Jakim), Datuk Wan Mohamad Sheikh Abdul Aziz, fatwa itu dibuat selepas kajian mendalam dilakukan selama enam bulan mengenai perkara itu dan setelah tiga kali perkara itu dirujuk kepada panel Majlis Fatwa Kebangsaan.
I would suggest the National Fatwa Council to discuss the more important topic such as money creation, fiat money system and fractional reserve system which the present islamic finance and banking is operated in this system.
I dare say that I did not trust the Banks Shariah Council or Central Bank Shariah Council. Most of them received handsome pay from the bank, thus forget about their true role. How can you allow someone borrow RM300,000 end up by paying RM643,000. May I ask you what is the RM343,000 for?
I challenge the shariah council each one of them to resigned today.
Fatwa yoga diumumkan Jumaat ini
KUALA LUMPUR: Majlis Fatwa Kebangsaan akan mengeluarkan fatwa mengenai hukum senaman yoga - yang dikhuatiri boleh memesongkan akidah, Jumaat ini.
Menurut Ketua Pengarah Jabatan Kemajuan Islam Malaysia (Jakim), Datuk Wan Mohamad Sheikh Abdul Aziz, fatwa itu dibuat selepas kajian mendalam dilakukan selama enam bulan mengenai perkara itu dan setelah tiga kali perkara itu dirujuk kepada panel Majlis Fatwa Kebangsaan.
I would suggest the National Fatwa Council to discuss the more important topic such as money creation, fiat money system and fractional reserve system which the present islamic finance and banking is operated in this system.
I dare say that I did not trust the Banks Shariah Council or Central Bank Shariah Council. Most of them received handsome pay from the bank, thus forget about their true role. How can you allow someone borrow RM300,000 end up by paying RM643,000. May I ask you what is the RM343,000 for?
I challenge the shariah council each one of them to resigned today.
Wednesday, October 29, 2008
Financial Crisis Weird Signal
1) Hot topic discussed during teh tarik session at Mamak restaurant yesterday is about the current financial crisis.
2) Interestingly our topic of discussion does not centered to why the crisis happen and how to the government is handling the crisis, but looking at different perspective, about the 'WEIRD SIGNAL' that this current financial crisis is sending to us? (I'm not really sure how we end up discussing this topic?)
3) To summarize, among the weird signal that market is sending in this financial crisis to us is that the commodities is no longer the safest place to put our investment during the stock and financial crisis. In '97 financial crisis, many people switched their shaky investment in stocks and assets to the commodities to store value, where the commodities act as the buffer and yield during downturn in assets and stocks porfolio
4) Second is the downslide effect in the price of gold, we consensusly agreed it should be the other way around. During the crisis, the gold price is normally sky high and people will normally switch their investment into gold to buffer their losses from the market uncertainty, but unfortunately in this current financial crisis this does not happen.
5) Third, the market bubble effect. People may looking forward to this period, because everbody will making money. But, the after effect issue is more devastated. The crisis will occur when the bubble is burst, like the subprime market bubble burst recently. The 97 Asian Financial Crisis is also due to the after effect of bubble burst in the market. Is there any way or system or mechanism, that we can avoid the bubble from develop. We think, it is wise if we do not allow the market to develop the bubble, because the impact is more worst than good.
6) The bail out scheme promoted by the US as we remembered clearly, when Malaysian Government begin to bail out the Malaysian companies during the '97 Asian Financial Crisis, we were critic badly by the western countries especially the US. We were accused of not being transparent, saving the big boys and cronies etc etc., but the move later appeared to be a success.
7) And now, the US government is following the same, by announcing the US$700 billion bail out incentive package. Suprisingly the market did not buy it.
8) We think, the US$700b is nothing to compare with the trillion dollar market that is affected
9) Second, the US$700b package did not specify who will getting the benefit most, market believe it will go to the big boys, friends and families. The real problem does not being addressed i.e the ordinary citizen who is affected most, which lost their property and become homeless. The ordinary people problem should be addressed first.
10) Third, how come the Lehman Brothers and many others before them, is allow to failed; but not AIG. Suddenly everybody is concern of the systemic effect if the US government allow AIG to failed. Who is inside AIG, who connected to who?
11) This is among the reason that we explored last night and I'm sure there's may more reason of why this US$700b incentive is a failure and the market does not buy the idea.
12) The extent and reach of this present financial catastrophe is yet to be seen. No one is sure how far it will go and to what extent. Only time will tell.
2) Interestingly our topic of discussion does not centered to why the crisis happen and how to the government is handling the crisis, but looking at different perspective, about the 'WEIRD SIGNAL' that this current financial crisis is sending to us? (I'm not really sure how we end up discussing this topic?)
3) To summarize, among the weird signal that market is sending in this financial crisis to us is that the commodities is no longer the safest place to put our investment during the stock and financial crisis. In '97 financial crisis, many people switched their shaky investment in stocks and assets to the commodities to store value, where the commodities act as the buffer and yield during downturn in assets and stocks porfolio
4) Second is the downslide effect in the price of gold, we consensusly agreed it should be the other way around. During the crisis, the gold price is normally sky high and people will normally switch their investment into gold to buffer their losses from the market uncertainty, but unfortunately in this current financial crisis this does not happen.
5) Third, the market bubble effect. People may looking forward to this period, because everbody will making money. But, the after effect issue is more devastated. The crisis will occur when the bubble is burst, like the subprime market bubble burst recently. The 97 Asian Financial Crisis is also due to the after effect of bubble burst in the market. Is there any way or system or mechanism, that we can avoid the bubble from develop. We think, it is wise if we do not allow the market to develop the bubble, because the impact is more worst than good.
6) The bail out scheme promoted by the US as we remembered clearly, when Malaysian Government begin to bail out the Malaysian companies during the '97 Asian Financial Crisis, we were critic badly by the western countries especially the US. We were accused of not being transparent, saving the big boys and cronies etc etc., but the move later appeared to be a success.
7) And now, the US government is following the same, by announcing the US$700 billion bail out incentive package. Suprisingly the market did not buy it.
8) We think, the US$700b is nothing to compare with the trillion dollar market that is affected
9) Second, the US$700b package did not specify who will getting the benefit most, market believe it will go to the big boys, friends and families. The real problem does not being addressed i.e the ordinary citizen who is affected most, which lost their property and become homeless. The ordinary people problem should be addressed first.
10) Third, how come the Lehman Brothers and many others before them, is allow to failed; but not AIG. Suddenly everybody is concern of the systemic effect if the US government allow AIG to failed. Who is inside AIG, who connected to who?
11) This is among the reason that we explored last night and I'm sure there's may more reason of why this US$700b incentive is a failure and the market does not buy the idea.
12) The extent and reach of this present financial catastrophe is yet to be seen. No one is sure how far it will go and to what extent. Only time will tell.
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