180˚ Neck Exercise

WARNING - Do at your own risk!!!

Difference between man & woman - waking up in the morning.....

Talking about makeup, there are 4 key items every girl must have:

• The perfect lip gloss, it can be clear or tinted, it just has to be in there!

• A great mascara to highlight those pretty eyes,

• Face powder to minimize shine, and

• The right shade of blush for a rosy yet subtle, glow.

How would Pak Lah reacts on Raya open house if...

As usual, Pak Lah will has his open house at PWTC on the first day of Raya.

How would he reacts if everyone flocks to PTWC by wearing these t-shirt?


[If you wanna join RPK at Kamunting for Raya]

Love Always Protects

Love is protecting....always...from emotionally and spiritually, to running in front of a car and pushing them out of the way to save them. Parents feel it for their children. Wives feel it for their husbands, and husbands for their wives. Children feel it for their parents. We feel it for our friends and family. (Got it from here)

Let's the pictures do the talking....

I have too many questions

At last, the aliens are about to reach the Earth already? How is it possible and how soon?




Are they or aren't they? So, you have chosen the wrong or right course to study?




War for talent or war for job a challenge?




I do not get it.




I found this quote very interesting (and confusing?):

'If people think they are in the midst of a recession their spending will fall, regardless of what is happening to their income. This leads to lower aggregate demand and lower economic growth. Then recession we thought was already here actually arrives. ....ignore the gloom and go out on the high street to replenish my wardrobe.' - Peter Williams.


Government asked us to change lifestyle. Should we spend or not?


Conclusion: Go out; to spend more $ to have more funs! The economy is depending on us. Wrong?

The 6 most enjoyable fantastic jokes – choice of Malaysians

#1

Pak La, Najip and Semi were patrolling in a helicopter

Semi: 'if I drop a thousand-note from here, the person that picks it up must be very happy'

Najip: 'if I throw 2 five hundred-notes down, it will make 2 person happy'

Pak La: 'if I drop 10 one hundred-note, there will be 10 happy person'

The pilot murmuring to himself:'why don't all of you just jump down from here, that makes 26 million persons happy'.

#2

Semi wish to enhance his reputation by publishing 1 series of stamps with his portraits 1 month after the launch, Semi surveys about its sales

Post Office Chief: 'not bad… but quite number of complains that the glue is not strong enough'

Semi: 'really…?' he spit at the back of the stamp and stick the stamp on an envelope 'the glue is ok'

Post Office Chief: 'but… every one spits on the face of the stamp ….'

#3

Midnight, Najip went for supper and bump into a robber: 'give me all your money!!'

Najip was very angry: 'I am the honorable Deputy Prime Minister! Better behave yourself'

Robber: ' well, then … return all my money'

#4
One fine day, PM and parliament members were on the way to a meeting where they all crashed into an accident and being rushed to the hospital. The reporters were at the hospital, the doctor shook his head 'we have done our best to rescue the PM but …'

Reporters: 'how about Najip?'

Doctor: 'we were unable to rescue him either …'

Reporters: 'who have you saved?'

The doctor was exicted: 'Malaysia is saved (has a hope) now'

#5

Semi visited the psychiatric hospital. All the patients hurray for him but there is one patient who ignored Semi
Semi: 'why is he not well coming my arrival?'
'he is normal (not insane) today' say the doctor

#6

Semi had an accident when he was on his way to a village for election campaign
A farmer saw and rushed to the scene but all the passengers were dead. He buried all the passengers (politicians).
Few days later, the police in charge found the farmer and asked where all the politicians were,'have they all died?'

Farmer: ' hmmm, Semi was screaming that he is still alive when I bury him ….'

Police: ' why you buried him anyway?'

Farmer: 'because Semi never tells the truth'

Fake Note Verification - RM50.00

Subprime Mortgage Crisis - What the heck is that?

Questions:-

1. What is subprime mortgage crisis?
2. Would it affect Malaysia's insurance companies?
3. For policy owners, do we really need to surrender our policies?
   

What is subprime mortgage crisis?

The subprime mortgage crisis is an economic problem characterized by contracted liquidity in the global credit markets and banking system. An undervaluation of real risk in the subprime market is cascading, rippling and ultimately adversely affecting the world economy.

Please see below for the simple illustrations:

#1 Applying mortgage loan via broker to buy a house.



#2 Do not requires a stable income or good employment track records.


#3 Done!!!



#4 A few weeks later, at the Bank.....



#5 Let's see what the smart guys are doing...



#6 Start to repackaging....


#7 Creating financial derivative assets.



#8 Nice statement, 'Buy crap is crap'.


#9 Involves speculation on real estates prices.



#10 Confusing eh...



#11 Mortgage loans segregation based on it's quality.


#12 Pay as good as you have.


#13 High risks, high returns.


# 14 Here comes the rating.


#15 This is their jobs.


#16 Where to sell it?


#17 And the buyers are..... not this groups....



#18 Here they are....


#19 Sell the good ones, keep the bad.


#20 Hiding the bad ones.


#21 via 'SPV'.


#22 Shoot the accountants?


#23 More transparency?.


#24 Hah hah...


#25 Now, here comes the problem...


#26 Borrowers are started to default in their repayments.



#27 So called AAA rating financial instruments.


#28 More craps.


#29 House prices always go up, really?


#30 Fucked up - bad assumptions


#31 Again...


# 32 Fucked up too.


#33 Everybody is fucked up.


# 34 =O


#35 More fucked up.



#36 THE END.

S0urce: Idiots Guide to subprime.

Would it affect Malaysia's insurance companies?

Under the Sec 38(1) of Insurance Act 1996, a licensed life insurer shall establish and maintain a separate insurance fund for its Malaysian policies, for its foreign policies and for its shareholders' fund.

The insurance fund is belong to the policy owners whereas the shareholders' fund is belong to the owner of the licensed insurer i.e. the shareholders. There is a clear distinction of moneys or funds which are belong to the policy owners and the shareholders.

Moreover, all premium moneys received by a licensed insurer in respect of policies of a class to which the insurance fund relates and which are issued by it or under which it has undertaken liability.

Most of the moneys of the life insurers are invested locally. Under the Central Bank's foreign exchange administration rules, it allow the net asset value limit for overseas investment to be raised to 30% from 10% effective April 1, 2008. There is a minimal exposure to the subprime mortgage crisis by the life insurance business except for the investment-linked funds (I guess). If you ever bought an investment-linked fund where the moneys are being invested globally, you may want to check with your insurers or financial consultants on the impact.



For policy owners, do we really need to surrender our policies?

If you are referring to the life policies, why should we need to worry (in my opinion)? Unless, we are talking about those unit trust or investment-linked funds where the moneys are being invested globally on certain markets or continents which are affected by the subprime mortgage crisis.

Anyway, if you are thinking to surrender your policies, there are many factors that need to be considered. Not so easy huh.

We have about the same insurance legislation like Singapore, but I wonder why they want to surrender their policies? Coupled with the departure of it's GM, even worst. Wrong timing eh.

DISCLAIMER: It's best to consult your insurance financial consultants on the impact of subprime crisis to your insurers.