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7th Rangers: The 88 billion ringgit question: Where has it gone? By Raman Letchumanan
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No Atheists
In A Foxhole

Rudyard Kipling

" “When you're left wounded on

Afganistan's plains and

the women come out to cut up what remains,

Just roll to your rifle

and blow out your brains,

And go to your God like a soldier”

General Douglas MacArthur

" “We are not retreating. We are advancing in another direction.”

“It is fatal to enter any war without the will to win it.”

“Old soldiers never die; they just fade away.
“The soldier, above all other people, prays for peace,
for he must suffer and be the deepest wounds and scars of war.”

“May God have mercy upon my enemies, because I won't .”
“The object of war is not to die for your country but to make the other bastard die for his.

“Nobody ever defended, there is only attack and attack and attack some more.
“It is foolish and wrong to mourn the men who died.
Rather we should thank God that such men lived.

The Soldier stood and faced God


Which must always come to pass

He hoped his shoes were shining



Just as bright as his brass
"Step forward you Soldier,
How shall I deal with you?
Have you always turned the other cheek?

To My Church have you been true?"

"No, Lord, I guess I ain't


Because those of us who carry guns

Can't always be a saint."

I've had to work on Sundays
And at times my talk was tough,
And sometimes I've been violent,

Because the world is awfully rough.

But, I never took a penny
That wasn't mine to keep.
Though I worked a lot of overtime
When the bills got just too steep,
The Soldier squared his shoulders and said
And I never passed a cry for help
Though at times I shook with fear,

And sometimes, God forgive me,

I've wept unmanly tears.
I know I don't deserve a place
Among the people here.

They never wanted me around
Except to calm their fears.
If you've a place for me here,
Lord, It needn't be so grand,



I never expected or had too much,
But if you don't, I'll understand."
There was silence all around the throne
Where the saints had often trod
As the Soldier waited quietly,
For the judgment of his God.

"Step forward now, you Soldier,

You've borne your burden well.
Walk peacefully on Heaven's streets,
You've done your time in Hell."

Proud To Have
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Major D Swami
WITH Lt Col Ivan Lee
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With His
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In Death
Last Thoughts
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Whilst There Is
Life, There Is Fight

Not Done In Yet!!

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The 88 billion ringgit question: Where has it gone? By Raman Letchumanan
Thursday, July 15, 2021


Malaysiakini : COMMENT | For the past 16 months since the Perikatan Nasional (PN) government took over, I have been having flashes of nostalgia of my primary school days. This happens particularly when the government talks about science and big data underpinning all their policy prescriptions.

Like most of the ordinary public, I could not make sense of it; but using primary school arithmetic and science, I am enlightened but alarmed at the same time.

A case in point. The government and the banks have been spinning in the media with technical jargon on the loan moratorium benefits. The finance minister boasted “no other country has a comprehensive loan moratorium like this”! Feeling betrayed, the public are now educating each other on how simple and compound interest works. Yes, primary school arithmetic.

Similarly, I want to discuss the pandemic stimulus packages valued at RM530 billion announced by the government thus far, which includes direct fiscal injection of RM88 billion. The public only realised the enormity of this value after the 1MDB scandal broke.

Even when 1MDB was bleeding, like the government is now, billions and millions of direct cash injections were made to the personal bank accounts of the ruling class and their cronies.

Understandably, the cash-strapped public was also expecting a windfall. However, most individuals and businesses are complaining they are only getting pittance. Nobody seems to have a complete picture of where the money actually went. So, where is the disconnect? I will try to unravel this mystery using basic arithmetic.

Before that, let me make sense of the confusing technical terms used. The government says the stimulus relief package consists of two components: direct fiscal injection and others variously referred to as stimulus, relief and/or benefit. I will deal with the former here, which I would call “direct cash aid”, because it is essentially the taxpayers’ money that the government hands out. The latter seems to be like the economic multiplier-effect, where a cash injection generates even more cash or benefits. Let me call this the “multiplier economic benefit”.

The latest Pemulih package consists of RM10 billion direct cash aid, and it presumably generates RM140 billion multiplier economic benefit, and return of 14 times. Really? No wonder investment scams are thriving. The public cannot be faulted for believing in these scams, if a financially prudent government can generate such enormous returns. This multiplier economic benefit of RM442 billion will be explored in another opinion piece, as it is an intriguing story by itself.

Read it all here..................
posted by Major D Swami (Retired) @ 12:52 PM  
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