Wednesday, January 22, 2025

HELLO DAP AND OTHER LOCAL DUNGGUS : BLACKROCK AND US BANKS ABANDON ZERO CARBON

Since President Trump has basically shown the middle finger to zero-carbon, electric vehicles, global warming and such plus his declaration (via Executive Order) that the US will 'drill baby drill' for new oil and gas deposits the price of oil has 'crashed' about US$2.00 per barrel yesterday:
 

 

And Singapore has made the right call by cutting their electricity rates - because oil and gas prices (and therefore coal prices too) have all come down. Coal, oil and gas are the main fuels for power generation. But in the Benua Asia Tenggalam they are proposing to increase the electricity tariffs.

Here is some hot news:

Banks Ditch Net Zero as Climate Alliances Crumble

  • Major US and Canadian banks withdraw from Net-Zero Banking Alliance following pressure from Republican-led states and the election of President Trump.
  • BlackRock, the world's largest asset manager, left the Net Zero Asset Managers initiative due to legal concerns and confusion surrounding its practices.
  • European banks are reevaluating their participation in net-zero alliances, and the future of climate finance initiatives is uncertain.
  • U.S. going after “woke”  banking
  • Net Zero Under Scrutiny
  • before world’s biggest banks anti fossil fuel financing under zero carbon pressure
  • but now Goldman Sachs, Citigroup, Bank of America, Morgan Stanley, Wells Fargo, JP Morgan quit zero carbon
  • and BlackRock quit zero-carbon since Trump elected U.S. President
  • American banks quitting zero-carbon en masse
  • Net Zero Exodus 
  • top U.S. banks, 4 of Canada’s largest banks no longer part of Net-Zero 2050
  • European banks withdrawing from zero-carbon
  • Glasgow Alliance for Net Zero struggling to hold annual meeting this month
  • By Tsvetana Paraskova for Oilprice.com


My Comments : I think the lion wants to say something.

 


 

TURBAN OLYMPICS AND ASSASSINATIONS IN IRAN

 

Three senior IRGC "Supreme Court" judges have been assassinated in Teheran. Well two of them died on the spot and the third fellow died later in hospital. This happened a few days ago in Teheran. Since then extra troops and security have been deployed in Iran's major cities and towns for fear of a mass uprising by the people. The situation inside Iran is getting quite critical. First a 2 minute video.

  

The Iranian people are getting more bold and agitating to get rid of the ayatollahs. Observers say that the situation in Iran is similar to France in the period before the French Revolution. Public protest and unrest are beginning to happen here and there. The assassination of the three IRGC hanging judges, who had a reputation for cruel punishment is just another manifestation of the increasingly volatile situation in Iran.

The regime is extremely weak. Their 30 year interference in foreign escapades in Lebanon, Syria, Gaza and in Yemen have come crashing down. Major players in Iran like IRGC commander General Soleimani, President Raisi, Hezbollah's Hassan Nasrallah have been killed and president Bashar Assad of Syria has been sent packing to Russia. The Houthis have been struck badly and Iraqi Shias have turned tail. Suddenly Iran's existence outside its borders has disappeared.

The Iranian military is said to be divided between the regular Army and the 'formidable' IRGC (Islamic Revolutionary Guards Corps) which does not appear 'formidable' anymore. The IRGC has been totally embarrassed in Syria and now also in Iraq where local Arab Shia militia have distanced themselves from the Persian ayatollahs. 

The failure of the IRGC reminds me of the complete failure of Saddam Hussein's 'formidable' Republican Guards, their elite troops who all just laid down their arms and ran away when the American invasion of Iraq began. That was the ultimate embarrassment for the Republican Guards. Then a number of them joined the ISIS and raped women and young girls and did other sicko things. 

Bottomline is the IRGC in Iran has lost their esteem among the regular Iranian Army. People are making fun of them now. And their inability to protect senior leaders like the IRGC's three hanging judges is further evidence of their impotence.  

Here is some very obvious writing on the wall. Or rather hanging over a very busy highway in Teheran. Some people in Teheran printed a large banner which says 'Death to Khamenei' (ayatollah Khamenei) and hung it from a bridge over a busy highway in Teheran. Here is a screen grab:

 


This happened recently - sometime last week or so. Things are getting heated in Iran.

Then there are also Iran's Turban Olympics. Young people, especially women and girls are walking up to mullahs walking in the streets and knocking off the mullah's turbans.

And they even have a meme which captures the Iranian women's outsized role in the defiance against the satanic ayatollahs. The graphic shows a woman knocking off a mullah's turban.


There are two lessons here. Firstly the ayatollahs will hang from the lamp posts. I have been saying this for sometime. It looks like it is starting to happen in Iran.

If you have time you can watch this two-hour video  by Armin (an Iranian who lives outside Iran) showing many other Turban Olympic moments and protests going on in Iran. 

The second lesson is for all tyrants, bullies and fools. You mess with the people, then sooner or later the people will rise up and knock off your headgear. Or knock off your heads. That is an absolute certainty.

The ayatollahs suffer a double whammy. They are devil worshippers, plain and simple. And syaitan does not lead you anywhere except to destruction. 

Tuesday, January 21, 2025

FIRST DAY IN THE OFFICE 21ST JAN 2025

 

 


 

EDUCATION SYSTEM CHOKING ITSELF, GOVT HEALTH SERVICE STRANGLING ITSELF. UMNO, BERSATU, PAS, PKR, AMANAH TAKE NOTE. NYAWA MELAYU AKAN HILANG DULU. UNDI PUN KALAH.

MY COMMENTS :
 
There are sufficient numbers of Malaysians who graduate as medical doctors every year, from local medical schools as well as from overseas. If all of them were absorbed into the housemanship program at the government hospitals we would not face a shortage of doctors.

Then after completing their housemanship if all the housemen were absorbed as Medical Officers we would also overcome the shortage of doctors.

Since a long time ago, the ketuanan policies of UMNO/BN stopped recognising foreign Masters degrees and postgraduate medical qualifications like the UK FRCS, FRCP etc. Even if you had a postgraduate degree from Harvard Medical School it is not recognised in Malaysia.  Harvard University is not good enough for Malaysia - a Third World country. How stup_d can you get?

The ketuanan policies only recognise postgraduate medical degrees awarded by local gomen universities. This is a ketuanan control mechanism. It is not based on merit.

Without a postgraduate degree a doctor cannot become a specialist in the gomen health services. By controlling access to post-graduate training, the 'racial-quotas' can also be controlled.


An Indian doctor successfully sued the gomen because her application to study for her Master's degree was not approved by her superior.  Another Indian girl was basically told to keep quiet when she questioned about high achieving Indian students not being able to gain entry into medical faculties at gomen universities. 

The bottom line is there is an extreme shortage of doctors in gomen hospitals THROUGHOUT MALAYSIA.  Playing the racial-game in almost everything has serious consequences. Now the gomen health service is facing a major crisis.

Years ago a Malay friend of mine died  because he had to wait for months to see a cancer specialist at the gomen hospital. Even his diagnosis and test results took months. In the meantime his cancer spread and he died. There were not enough specialists in the gomen hospitals.

Despite arriving on time (or earlier) for their appointments, patients at the Institut Kanser Negara in Putrajaya have to wait from early morning until the evening before they can see the doctor.   Sometimes there are hundreds of patients waiting. There are not enough doctors.

The majority of patients at the gomen hospitals are Malays. Because they are the majority population. The majority of patients who suffer while waiting for medical treatment are therefore also Malays.

These Malays are also voters. They will not vote for Malay parties like UMNO, BERSATU, PAS, PKR, AMANAH if they cannot get prompt medical attention at the gomen hospitals and be treated by well qualified and specialist doctors.

The Malay political parties like UMNO, BERSATU, PAS, PKR, AMANAH wrongly think that the ketuanan policies will win votes for them.

You are terribly wrong. In 2018 UMNO/BN was kicked out. The more defining electiion was in 2022 where no single party could win the elections. They all LOST. The Malay voters did not give sufficient votes for any of the Malay parties to win. 

The ketuanan policies now lose elections. 
Ketuanan policies do not win elections anymore.

The Malay people want delivery. They dont care about ketuanan policies. We need as many medical students as possible in the local universities, IPTA and IPTS. We need as many houseman and medical officers as possible in the gomen health services. We need as many postgrad doctors as possible, both from local universitiesa as well as foreign qualified. 

We need doctors. We dont need ketuanan policies.

UMNO, BERSATU, PAS, PKR, AMANAH take note - the ketuanan policies lose elections.

Monday, January 20, 2025

Here’s also why Islamic societies are doomed

Here is an opinion by one Constantin von Hoffmeister in Russia Today titled:  Here’s why the West-centric world order is doomed.   I agree that Russia Today is a better read for more honest and critical analyses of issues.

The writer  Constantin von Hoffmeister says that the West is out of touch with a fast changing world. The world is brilliantly multi-polar. Reading this article I applied Hoffmeister's arguments to the Islamic world. The Islamic world is not only out of touch with the real world but they are floating out to sea on a yet to be defined 'Islamic life raft'. (Hint : It does not float).

This is truncated. My comments in blue.

Liberal universalism, for all its claims of celebrating “diversity,” operates as a force of erasure, denying every culture’s intrinsic worth

(OSTB : This is exactly the same thinking of the Islamists. Islam shall rule the world. They want to make the Islamic car (green colour?), Islamic banking (al-Jewish?), Islamic sports (long pants for running?, no women?), Islamic economics (al-Jewish?), Islamic culture (what is that? Arabian desert culture?)

The unipolar era is collapsing, and in its place rises a new world, shaped by distinct centers of power, each bound to its traditions, values, and histories. Multipolarity rejects the artificial imposition of a single worldview, instead proclaiming the beneficial heterogeneity of human existence. It is a call to rediscover the strength of firmly established identities and to embrace a stabilized global order.

(OSTB : Nope. No way. The Islamists go in the exact opposite direction. There shall be only one center of power - the global Islamic caliphate with only one tradition, one set of Arab based values and one Arabian history. The Muslim Brotherhood is trying this one more time. Erdogan wants to be the Ottoman Sultan of Anatolia again. Multi-culturalism does not fit the Islamists).

For centuries, the world was lorded over by empires that sought to impose their singular, myopic vision upon all peoples. Liberal universalism, with its insistence on assimilating the world into one model, has failed to create harmony. Multipolarity, on the other hand, recognizes that genuine coexistence depends on respecting the uniqueness of each civilization. It seeks not to erase differences but to create a world where each culture thrives on its own terms, contributing to a dynamic and unadulterated global reality.

(OSTB : Nope. No way. Do you all recall this slogan 'Neither East nor the West, Islam is the best'. Here is my simple view - the Islamists have been losing terribly to the fiercely competitive world. The world has been competitive since Mrs Originalos first went to the farmer's market. 

 

This is what the Islamists do not understand - there is only one philosophy in the entire world. That is competition. And competition is diversity itself. This is WRITTEN IN STONE in the Quran :

Surah 2:145  وَلِكُلٍّۢ وِجْهَةٌ هُوَ مُوَلِّيهَا ۖ فَٱسْتَبِقُوا۟ ٱلْخَيْرَٰتِ ۚ 

"For each person he has a direction to face,  so compete with one another in good works.."

فَٱسْتَبِقُوا۟ ٱلْخَيْرَٰتِ   (fas-tabiqu al khairaati) - compete with one another in good works

Everyone has his own direction. But that is not a barrier for competing in doing good works.

A profound transformation is underway. Multipolarity marks a return to the natural state of a world composed of many civilizations, each pursuing its destiny. This revival is seen in the resurgence of ancient powers such as Orthodox Russia and Confucian China.

These nations are not relics of the past but living civilizations, reconnecting with their historical roots to take their proper places in the present. They reject the unipolar dictatorship of the Atlanticist model, which imposes liberal democracy and market capitalism as universal truths.

OSTB : Both Russia and China have gone through the clinical disinfection process of over 70 years of Marxism where "religion" was banned. All religions. From Christian Russians to Muslim Caucasians to Mongolian herdsmen to Chinese Buddhists they were all weaned off their religious heritage and made to start on a new level - based on logic and common sense alone. Today (although communism has failed economically) there is a sense of fraternity in Russia that transcends religion and a sense of purpose in China that highly values cooperation among human beings. The focus is to produce - not to worship. Agree or disagree China is the world's largest economy, Russia is the world's No. 1 military superpower and the largest economy in Europe (larger than Germany and the UK). And most of this has happened since 1989.

At the heart of multipolarity lies ethnopluralism – the recognition that distinct peoples cannot be blended into a single identity without destroying what makes them unique. Ethnopluralism opposes the liberal dream of the “melting pot,” viewing it as a forced amalgamation of disparate cultures. Instead, it argues for the coexistence of separate communities, each displaying its characteristics within its own boundaries.

Multipolarity is a counterbalance. It defends the sanctity of each culture, illuminating the true beauty of mankind in its authentic diversity. Civilizations are not interchangeable, and their differences are not problems to be solved but treasures to be safeguarded. The multipolar order seeks to preserve these distinctions, creating a world where unique cultures coexist without being tyrannized by an alien entity.

Multipolarity deconstructs the racist agenda by affirming the dignity of all cultures and rejecting the moral superiority falsely claimed by any one civilization. It invites us to move beyond the colonialist hierarchies that have erected the modern world, creating a space where all peoples can chart their destinies free from external coercion.

OSTB : Nope. No way. The Islamists go in the exact opposite direction. No ethno-pluralism. There shall be only one culture - the Arabian desert culture. All women must assume the hijab. Arabic shall be the language of choice. In our country even HRH the Sultan of Johor has questioned this Arabisation.  The Islamists are convinced that is the only way. They are doomed.

Multipolarity, by contrast, allows for the free development of all cultures, each contributing to the broader movement of history. Hegel’s dialectic reminds us that authentic progress is born from contradiction, and multipolarity represents a resolution of the tensions inherent in the unipolar era. The rise of multipolarity is not an end but a continuation of mankind’s historical journey.

The renewed world order will not be dictated by a single power imposing its will on the rest. Instead, it will be an orchestra of civilizations, each of them a potent instrument of ethnocultural expression. Multipolarity promises a world where power is distributed and cultural integrity is upheld, creating the possibility for genuine cooperation. 

Originally published in RT 19th January 2025

OSTB : Undeniably this is happening in front of our very eyes. Look at the rise of Japan, China and Russia. As well as Europe and the United States (we cannot write off either Europe or the United States - they will be around for a very long time to come). In the midst of all this forward momentum, and which is gaining momentum, you suddenly have the unproductive 'Islamists' popping up and saying 'we will show the way for the world'.  Most Islamic countries do not have internal plumbing (toilets) in all their house. They are suffering serious delusions.

WEE KA SIONG QUESTIONS EPF'S 'SELL LOW' AND BUY BACK 'HIGH' MAHB SHARES

I found these news clips:

"Wee Ka Siong dismissed the Employees Provident Fund's explanation for selling its stake in Malaysia Airport Holdings Berhad (MAHB) at a lower price and repurchasing it at a premium after a short period"

https://www.malaysiakini.com/news/732068

 

Here is a partial answer to Wee Ka Siong's questions, (and EPF should at least buy me a teh tarik) :

'Recently, MCA President, Datuk Seri Dr Wee Ka Siong questioned as to why EPF had sold off a substantial portion of its MAHB shares in 2023 during the period when stock prices were at a low, only to later repurchase the shares at a higher price in May 2024'.

My Comments :

So it was an open market transaction, the selling and the buy back took place between 2023 and May 2024. The selling took place in 2023 and the buy back happened the following year in May 2024.

There was no way that in 2023, EPF could have known where the share price of MAHB would be even the next morning, let alone a year later in May 2024.

But the question is why did EPF sell the MAHB shares (it does not matter at what price)  in 2023 and then decide to buy them back a year later in May 2024?  And yes at a higher price? 

'Throughout 2023, Wee said that EPF sold MAHB's shares at RM6.74 to RM7.70. He questions who are the persons behind selling MAHB shares, and now are buying back the shares at RM11'.

Obviously in 2023 (around January) EPF's investment department would have advised divesting the MAHB shares because they did not see sufficient prospects (within EPF's portfolio management) to hold on to the MAHB shares at RM6.74 to RM7.70 per share. 

(The other question YB Wee should ask is what was the prices at which EPF had bought those MAHB shares? Meaning when EPF sold MAHB shares at RM7.22 (averaging) did they make a profit? How much? Or did they make a loss?)

Here is MAHB's share price movement since 2023.


 

Then one year later in May 2024 the MAHB share prices had jumped up over 52% from RM7.22 (average EPF's sale price)) to RM10.90 per share. Why was there such a big jump? What were the fundamental positive changes in MAHB's business prospects in just over one year which motivated EPF's investment department to advise (by May 2024) that EPF buy back more MAHB shares? And at the much higher price of over RM10.40 per share?

  • Looking at the price chart,  EPF sold the MAHB shares around January 2023. 
  • At around RM7.22 per share (averaging). 
  • A year later by Feb 2024 the share price had already gone past RM8.00. 
  • In April 2024 it crossed RM10.00 per share. 
  • Today the price is at RM10.90. 
  • Wee Ka Siong says EPF bought back MAHB shares around May 2024 at RM11.00. 
  • (In that chart I dont see the MAHB shares hitting RM11.00). 
  • In May 2024 the price was around RM10.20 to RM10.28 per share.

What were the fundamental changes in MAHB's business performance that caused such a hike in the share price? None really.

Or was it because the news came out that BlackRock Global was buying a big stake in MAHB?

"SINGAPORE, Jan 8 2025 (Reuters) - A consortium comprising Malaysia's sovereign wealth fund and BlackRock's Global Infrastructure Partners offered to take over Malaysia Airports Holdings (MAHB.KL) said late on Wednesday it had secured an 84.1% stake of the company"

Obviously at the time EPF sold their stake (around January 2023??) the BlackRock purchase was not finalised and the surge in MAHB share prices had not happened. The price movement started after February 2024. EPF bought back the MAHB shares by May 2024.

My surmise is when EPF sold their stake in early 2023 of course they did not know of BlackRock's investment plans. The whole price surge since 2024  is because of BlackRock buying a big stake. 

There really is no sin on EPF. But it looks like EPF has much confidence in BlackRock's presence as a shareholder in MAHB.

Friday, December 27, 2024

FRIDAY NOTES (27/12/2024) FROM THE QURAN : THE SUNNATULLAH DOES NOT CHANGE

Non-Muslims can skip this. But it is really very brief. Two minutes reading max.

Today I tried something new. I have begun using Chat GPT for some of my research and writing. Chat GPT is the AI Search engine. But you have to double check it very carefully.

Today for this Friday column I typed in "Sunnatullah verses in the Quran" and within seconds the following popped up. 

I had to do plenty editing because Chat GPT threw up verses which did not mention the word Sunnatullah.   And then Chat GPT tried to explain that those verses were also part of the concept of Sunnatullah.  

To me that is stretching things too far. If the word that I am searching for (eg sunnatullah) is NOT found in that verse then dont say it is. It will only lead to unnecessary argument.

The Chat GPT AI is just a Search tool.  It does not think for itself. It merely sources what others have said about a topic and strings it together.   It is not free of 'garbage in and garbage out'. Especially about religious topics.  So I have to read and edit the material.

In the Quran, the term "Sunnatullah" (سنة الله) or 'sunnah of Allah'  often implies the natural laws that govern the universe. The "Sunnah of Allah" refers to the principles by which Allah manages His creation.

Here are two verses in the Quran where the concept of 'Sunnatullah' (the way or law of Allah) is mentioned:

1. Surah Al-Ahzab (33:62)  - "This is the way of Allah (سنة الله), which has occurred in the past. And you will never find in the way of Allah (سنة الله) any change." -  Translation (Sahih International).

This verse speaks of the unchanging nature of the principles that govern the world which remain constant. It cannot change.

2. Surah Al-Fath (48:23) -  "Such has been the practice of Allah already with those who have passed away. And you will never find in the practice of Allah any change" -  Translation (Sahih International).

This verse reinforces the idea that Allah’s methods or laws are consistent across time and cannot be changed.  After the sun sets, we go to sleep at night with great confidence that the sun will rise again tomorrow morning.

What all this means is that after coming into being and everything in the universe has been set in order, the Creation cannot change haphazardly. If there is change, and most certainly there is change (like the seasons change from spring, summer, fall and winter) it will happen according to the Laws of the Universe.

But things like these cannot happen :

 




Elephants walk on the ground and there is no Superman. Flying elephants and Superman are domains of the imagination.

CHINESE FREIGHT TRAIN POPS ANOTHER SURPRISE - 6TH GENERATION JET.

 


China has done it again. Now China introduces some new science, some new technology and its manifestation - some new industrial product almost every other week. Otherwise known as Made in China. This week the aviation industry is buzzing with China's 'introduction' of a really unimaginable 6th generation fighter-bomber aircraft. The plane flew in the open and someone captured it on video. The aviation geeks are going wild. 

The plane is huge. It has no name yet. It is about 60 feet wide. That is three terrace houses wide. The length is slightly over 60 feet as well. And the plane has THREE engines in a row - unheard of before.  And listen to this - there are TWO air intakes on the sides and a THIRD air intake on top of the plane. 

Here is a quickie on what is a 6th generation fighter jet, and then a short video that shows the actual plane flying in the air. 

Key components of 6th generation technology are:

  • Stealth: More advanced, multi-spectrum stealth technologies.
  • Autonomy: Significant integration of AI and potentially uncrewed operations.
  • Sensors: Enhanced sensor fusion and interconnected data-sharing between platforms.
  • Propulsion: More efficient, advanced engines for sustained supersonic flight and better fuel economy.
  • Weapons: Potential for directed energy weapons (lasers) and hypersonic munitions.
  • EW & Cyber: Enhanced electronic warfare and cyber capabilities.
  • Operations: Crewed or optionally-crewed missions with potential for fully autonomous flights.
  • Range and Endurance: Improved operational range, longer loiter times, and better mission endurance.

Here is a short video. 

 

Conclusion : No other country in the world can even come close to what the Chinese have flown in the sky. The plane is already flying and has been captured on video. They will fine tune the hardware and the manufacturing processes. They will also load up the electronics arrays, the weapons systems, the AI etc.

Here is my prediction - in say five years this plane will become outdated. The Chinese follow this philosophy - the latest model in operation now, the next upgrade already at advanced design or prototype stage and the third generation on the drawing boards.  The Chinese philosophy is to continuously improve.

Recall what I posted earlier about Chinese EVs taking over the world automotive market.  Since my post Honda, Nissan and Mitsubishi have announced that they are merging. Mitsondasan? Honisubishi? 

Its too late.