Thursday, January 29, 2009

Whoever Betrays


Whoever Betrays
Public Trust
Deserves
To Be Impeached

Governor Thrown Out


Illinois Governor
Ousted From Office
Thursday (January 29,2009)

Rod Blagojevich
Kicked Out By
His Peers
In Unanimous
59-0 Vote
For Abuse Of Power

The Illinois State Senate
Impeached Him
For Trying To Sell
Barack Obama's
Vacant Senate Seat And 
Abusing His Power
And Privilege
In 4-day Impeachment Trial

It Also Bans
Him For Life
From Holding
Public Office
In Illinois

Blagojevich,52,
Is First Illinois Governor
To Be Sacked
And First US Governor
In More Than 20 Years
To Be Impeached
And Kicked Out
Of Office

Despite His Theatrics
Reciting Poetry 
Of Kipling And Tennyson
"To fight" It Out
He Faces Damning
Evidence Of Acting
Like "sports agent"
Auctioning
Barack Obama's Senate Seat
To Highest Bidder

Federal Prosecutor
Patrick Fitzgerald
Releases Transcripts
Of FBI Wiretaps
Of Blagojevich's Conversations
Showing The Governor
Abused Power
For His Personal Gain

Blagojevich,Arrested
By Federal Agents
Last December,
Will Face Corruption
Charges Like "Fire Your
Editorial Board Members
If You Want $150 Million
In State Aid" Demand on
Chicago Tribune In Court
In April

The Charges
Against Him
Include:

*attempting to obtain
campaign contributions
in exchange for official actions

*attempting to use 
state funds for private purpose
inducing Chicago Tribune
to fire Chicago Tribune editorial 
board members critical of him

and

*attempting to obtain 
personal financial benefits
for himself in return
for his appointment
of a US Senator

Fitzgerald Also
Lists Out
11 More
Corruption Plots
Blagojevich Used
For His Own Gratification

As 
Two-month Drama 
And
Farce Ends
Lt. Gov. Pat Quinn,
Who Was Immediately
Sworn In As
Illinois's 41st. Governor,
Stresses
"the ordeal is over"
And
"it's very important
that we have a duty,
a mission to restore
the faith of the people
of Illinois in the integrity
of their government".

Sources:AP,Reuters,BBC,
ABC,Yahoo!News,
Washington Post,New York Times, MarketWatch

Monday, January 26, 2009

Iceland's Government Collapses


Iceland's Government
Collapses
Becoming 
First Major Casualty
Of 
Global
Financial 
Crisis

Its Prime Minister
Geir Haarde
Resigned
Yesterday (Monday,January 26,2009)
Disbanding
Coalition Government
Led By Him
Since 2006

Just Last Week
Haarde Called
For Fresh 
Elections In May 2009
Ahead of 2011 Schedule
Stating
He would 
Not Lead
His Independence Party
As He Plans
To Seek 
Medical Treatment
For Cancer
In The Netherlands

His Commerce Minister
Bjorgvin Sigurdsson
Quitted
On Sunday
Taking Responsibility
For Icelandic 
Economic Decline

Since October 2008
Iceland's Financial
And Currency 
Systems
Have Collapsed
Under Massive Debts ~
Todate The Largest 
Capital Destruction
Suffered By
Any Country
Relative To Its Size
In Economic History


Its Stock Exchange
Was Suspended
On October 9,2008
Hit By
Horrendous
Global Stock Market
Crash

When Icelandic
Stock Market 
Reopened On
October 14,2008
Value of Iceland's
Three Big Banks
Forming 73.2 percent
Of OMX Iceland 15's Valuation
Were Set At Zero

After Thin-trading 
Week
OMX Iceland Index
Closed At
643.1 Down
93 Percent
In Krona Terms
And 96 Percent
In Euro Terms
From Historic High
Of 9,016 (July 18,2007)

Market Capitalisation
Of Stock Market
Was Almost 
Wiped Out
As Iceland's
Financial Supervisory Authority (FME)
Took Control
Of Iceland's
Three Bankrupt Banks ~
Glitnir,Kaupting Bank
And Landsbanki

Over 840 Million 
British Pound
From More Then 
100 UK Local Authorities
Including Transport of London
Police Services
Fire Authorities
And Even
Audit Commission
Have Been Deposited
In The Insolvent Banks

And Relations
Between UK And Iceland
Have Soured
With British Prime Minister
Gordon Brown
Announcing UK Government
Would Launch 
Legal Action To 
Recover 4 Billion Pound
Placed BY
300,000 UK Savers

Individuals Go
Bankrupt
Banks Go 
Bankrupt
Now We
See National Bankruptcy
And Government Collapse 

Angry Citizens
In Iceland,
Size of Kentucky,
Volcanic Island
Located Off Artic Circle
In North Atlantic Ocean
Between Mainland Europe
And Greenland,
Have Held Noisy
Mass Protests
Banging Pots
And Kitchen Utensils
To Air Grouses
Over Hyperinflation
And Mass Unemployment

In Recent Months,
Rich Icelanders
Have Been 
Impoverished
By Foreign Loans
As Iceland's Krona
Currency 
Plummeted

US $10 Billion Bailout
From International Monetary Fund (IMF)
And Various Countries
Have Not Eased
The Credit Crunch
But Compounded It
When Interest Rates
Rose Sharply

Protestors Threw
Paint At the Althing,
The World's Oldest
Practising Legislative Assembly
Established in 930,
And Hit Haarde's Limosine
With Eggs
In Icelandic Capital
Reykjavik

Iceland
Once Named
An Investment Star
Was Ranked
World's Most Developed
Country By United Nations
Human Development Index
In 2007

It Was Also
Placed As World's
Fourth Most Productive
Country Per Capita
With Per Capita Income
Of US$64,547
And One of the World's Most 
Egalitarian Nations As Rated
By Gini Co-efficient

It Has
320,000 Population
Mostly Norwegian
and Celt Descendents
Spread Over Fertile Land
on 103,000 Square Kilometres

Vikings Led By
Chieftain Ingolfur Amarson
Settled On
The Scenic Volcanic Island
From 874
Setting Up
Europe's Oldest
Representative Government,
The Althing

Iceland
Has Rich Culture
And Heritage
Noted For Poetry
And Cuisine
Scenic Landscape
And Unique
Coat of Arms
With Cross In The Center
And Bull,Eagle,Dragon
And Rock-giant(Bergrisi)
As Protectors
Around It

During Nazi Occupation
Of Denmark
In World War II,
Iceland Declared
Itself A Constitutional Republic
On June 17,1944
After Popular Referendum

Since Then
It Has Developed
Scandinavian-style
Welfare State
With One of the World's
Healthiest And 
Most Educated People

Fishing Is Its
Principal Industry
Accounting For
75 Percent Of Exports
And 20 Percent Of GDP

Icelanders Also Earn
Living In Agriculture
Aluminium Smelting
Ferrosilicon Production
Geothermal Power
Tourism Finance 
And Services

Iceland's Figurehead
President Olafur Ragnar Grimsson
Will Hold Talks Today
To Form Interim Government
Pending Outcome 
Of Fresh Elections

He Is Expected 
To Pick 
Leader/Representative
Of Social Democratic Alliance
To Be Caretaker Prime Minister
Either Foreign Minister
Ingibjorg Solrun Gisladottir
Or Social Affairs Minister
Johanna Sigurdardotthir

Besides Iceland
Social Unrest
Also Spread
To Latvia
Lithuania
And Spain
As Upset Citizens
Suffering Crushing
Credit Crunch
Took Their
Economic Woes
To The Street

Sources:Canadian Business,AP,
Reuters,New York Times, Yahoo! News,International Herald Tribune,Wikipedia And Infoplease  


  




Thursday, January 22, 2009

Siemens Strategy


Siemens Strategy
To Focus
On Oil and Gas
And Mobility Sectors
As Best Potential
Profit Centers
As Looming
Economic Gloom
Storm Hits
Malaysia

Siemens Malaysia CEO
And President
Tan Sri Rainer Althoff
Foresees
Impact
Of 
Global
Financial
Meltdown
On Malaysia's
Trade Balance
And Exports

Huge Forex Loss


Huge Forex Loss
Of
1.439 Billion Ringgit
Turns Malaysia's
National Electricity
Giant Tenaga Nasional Berhad
TNB
First Quarter Earnings
From Black To RED!

On Top
Of Forex Drain,
Powerhouse's
Financial Performance
Hit By
Lower Electricity Demand
Higher Fuel Cost 
And Foreign Loan
Servicing Cost

TNB
Carries
Debt Burden
Of
24 Billion Ringgit ~
5.5 Billion Ringgit In Yen
6.6 Billion Ringgit In US Dollar
And
11.9 Billion Ringgit 
In Malaysian Ringgit
In Its Books

It Ends
With Net 944.1 Ringgit Loss
After Accounting 
For 1.439 Billion Forex Loss
Despite Operating Profit
Of 942.4 Million Ringgit

Forex Loss

Forex Loss

Steel Mills Shuttered


Steel Mills Shuttered
At Two Sites
In Malaysia
As Gas Prices
Double
And
Market Demand
Plunge

Lion Group's
Antara Steel Mills
Sdn Bhd HBI Plant
In Labuan
And
Lion DRI Sdn Bhd
Plant In Banting
Have Stopped
Production
Since October
And November 2008

Situation
Is Critical
As Retrenchment
Of 430 workers
May Follow
Closure

On Top 
Of High Gas
Prices
Higher Electricity
Tariffs
Effective
July 1,2008
Also Added
To Extra Costs
As
Demand Declined
With Production
Running At
30 to 40 Percent
Capacity

Steel Mills Shut Down

Second Stimulus Call


Second Stimulus Call
To Revitalize
Weakened
Malaysian Economy
As Urgent Step
To Respond
To Severe 
Recession Scenario
Made Yesterday
By
Associated Chinese Chamber
Of Commerce and Industry
Of Malaysia (ACCIM)

Malaysian Cabinet Freeze


Malaysian Cabinet
Freeze
On 
Foreign Workers
Intake
For
Manufacturing
And Services Sectors
Announced
Yesterday
As
Severe Recession
Looms!

Tuesday, January 20, 2009

Dummies Don't Watch


Dummies Don't Watch

Dummies
Don't Watch
Ass
As
Asses
Roar Pompous

Be Forewarned
All Dummies
Hit High Hot
In 
Inaugural Fever
Admist Cold
Hard Grimy Economy

Chicago Corruption
Is
No
Cheesecake
Mama-Mia!

Sunday, January 11, 2009

When Governments Lie




When Governments Lie
What Do We Do?

Should We All
Sit Tight
And Put Up
With the Sham?

Do We All
Cackle With Delight
That Darkness
Clouds Blots the LIGHT?

Can We Tolerate
The Mass Deception
And Press Complicity
In Silent Inaction
Shock!

When the Press Fails
To Uphold the Public Trust
Must We Still Read
The News Like Holy Scripts
Like Taking Tainted Coffee
Or Tea Mind Control Poison
Without Due Care
Regard
For Our Common Good?

When Governments and Presses
Work Hand In Glove
To Distort Bend Intimidate
Block Blot out
The Truth
Shall We All
Not Unite
And Throw
The Trash Out???


When Governments breach
The Public Trust
We Must Change
Them To Protect
 The Public Interest.

Goverments Are Formed
With the People's Mandate
To Serve
To Promote
To Advance
The People's Best Interest
Welfare And Happiness.

Not to Feather
Their Own Nests
Or Line Their Pockets
With Public Funds
God Forbids!

For Example
Today's Case Study
In Misgovernance ~
Corruption-tainted
Governor of Illinois
Rod Blagojevich's Refusal
To Step Down
Despite the 114 to 1 Vote
By the Illinois House of Representatives
On Friday (January 9,2009)
To Impeach Him
Is An Outrage!

Surely
Any Political Animal
Blinded by Power Abuse
Wishes To Cling 
To His Position
Ignoring Public Opinion.

When human beings
Descend To Such
Donkey Dumps
They Fall Miserably
From Grace!

When Governments/governors
So-called Leaders
Violate Their Oaths of Office
And blatantly 
Abuse Their Powers
They Must Be Removed
Immediately!


When the Safety and Security
Of Society
And Future of Our Children
Are Endangered
And The Public Interest
Jeopardized
We Must Speak Out
As Concerned Citizens.

In Fact
It Is Our Duty
To Defend
Basic Human Rights ~
Like
* Freedom To Vote 
And Be Voted

*Freedom To Speak
And Express Our Ideas
Thoughts and Views

*Freedom To Worship
God In Our Own Way

*Freedom to Establish
Families Livelihoods Cultures

*Freedom To Associate
And Assemble To Voice
Our Visions Aspirations Needs

*Freedom To Promote Presses
That Can Uphold The Public Trust
To Pursue The Truth and Inform
Educate Enlighten
Communicate Disseminate
Whatever Happens In Our World

and

*Freedom Of Opportunity
To Work Develop
Fulfil Our Potential
To The Fullest Extent
For As Long As We Are Able!!!

So Terrible Tyrants
Dictators Despots BEGONE!

History Has Taught
Valuable Lessons
Of Thy Ugly Dark Deeds.

In The Battle
Of Good Versus Evil
Good Must Always Prevail!

Who Or What
Governments/Governors/
So-called Leaders
Are Not Important
They Are Here Today
But Gone Tomorrow
Due To Misdeeds
Illness Old Age Death
What is Important
Is The Truth!!!



 
 




 




Sunday, January 4, 2009

Faith




Faith
I Measure Strong
Steadfast long-lasting
Indomitable
Powerful
In Infinite 
                      GRACE!


Love
I Treasure Dear
Miraculous Fabulous
Rich Abundant Awesome
Magnificent
Majestic
In Eternal
                      Glory and Power!


Hope
I Hold Bright
Blazing White
Brilliant
In Glorious
Zones ~
Unlimited Horizons
High Far Fearless
Free
From Mundane
Pressures Petty Platforms
Where Nights
Shall Ever Constantly
Contrast ~
Constancy Verity Humility
                        Rooted in
                    Divine Providence!