Wednesday, February 25, 2009

Rebuilding A Nation (Barack Obama)

Examples of Big Ideas

  1. During the civil war - Railroad tracks from one coast to another.
  2. During the industrial revolution - System of public high schools
  3. During War - Colleges

Focus Areas:

  1. Energy
    - Clean renewal energy
  2. Health care
    - Health insurance for american children
    - Technology
    - Seeking a cure for cancer in our time
  3. Education
    - Every child has access to a complete education
    - Need more reforms (discipline, innovative programs)

Friday, February 20, 2009

Government Is Creative

Sometimes the Malaysian's government is quite creative.

One example is the announcement that most of the vehicles in Malaysia is more suitable for using RON92 petrol.

Of course, if you consider motorcycle to be vehicle, that counts.

Otherwise, this is a bit like tipu kanak kanak...

Let me tell you why... I am a driver of the most popular car in Malaysia, the Proton Saga Iswara 1.3 special edition and guess what is the recommended petrol by Proton itself ?????

RON 97.

Damn it .... if my car can support RON 95 I would be so happy, because it is so damn cheap right ? I know my mechanic almost want to 'rape' because because I tried that once for certain period... and he felt like 'raping' me.

So, how can most cars in Malaysia are suitable for RON 95 ler ?

Somemore RON 92 is only sold by Petronas in certain petrol station only...

Saturday, February 14, 2009

Lower Interest Rate for Malaysia Credit Card Usage

Credit card interest rate now is been lowered, the lowest being 13.5%

However, most of the other alternatives financial funding is still lower than this offering such as credit transfers, personal loan using credit card as collateral.

Alliance bank offers 6.99% of personal loan.

This suggests it doesn't affect the banks anyway, since they can survive on even lower interest rates.

This is simply a way to encourage more credit card usage.