Sunday, 31 March 2013
Happy Easter
So here's the comeuppance for the bunny ....
Thursday, 28 March 2013
Poll Tax 1990: Bedroom Tax 2013
Guidelines for Applying for College Scholarships
Guidelines for applying for College Scholarships
College Scholarships are a must have for any student seeking to secure a college education unless the student is quite wealthy. What are the guidelines for applying for a college scholarship? Is there a universal recommended way of applying for College Scholarships? We all know that over 95% of students attending a college or university either anticipate or plan on securing some sort of college scholarships, student-loan, or financial-aid option unless the student is, again, quite wealthy. However, how many students of multi-millionnaire status are attending a college or university? Very few. Case closed. Therefore, most students need a college scholarship to attend college. College scholarships are very competitive. If you are timid, shy, or unsure of whether or not to compete for a college scholarship then check your bank account for an extra $100,000. If you don't have an extra $100,000, then you need to become LESS timid, LESS shy, and LESS unsure very soon or your aspirations of attending a college will shrink like a dried-out condom left in the sun.
There are guidelines we recommend when applying for a college scholarship. These guidelines are based upon more than 25 years of sponsoring high-school, and college scholarships. According to a panel of scholarship selection experts and administrators that were assembled in California for previous scholarships sponsored by National Academy of American Scholars, the #1 Rule when applying for a big, lucrative, college scholarship of say, $25,000, $50,000, or $100,000, dollars in renewable college scholarships, to remember one single fundamental lesson: The rules of selection for a $250 scholarship are often the same when apply for a $25,000.000. National Academy of American Scholars has used this principle for over 20 years. It is the responsibility of the scholarship applicant to assert himself, or herself throughtout the college Scholarship application process, and leading up to the semi-finalist college scholarship interview.
More recommendations for applying for College Scholarships
Always pay very careful attention to the exact (I repeat, EXACT) instructions when applying for a college scholarship. The #2 reason why many students fail to earn a college scholarship is because of the simple fact that they CANNOT, OR DO NOT have the ability to follow a simple written instruction. Accordinf to the College Scholarship Selection Committee of National Academy of American Scholars, over %60 percent of college scholarship applications were rejected within the first 5 minutes because the student or college scholarship applicant did not exactly plain and simple instructions when submitting their respective college scholarship application.
For a detailed review of our general state-by-state scholarships, grants, and financial-aid options in each and every state, please visit our State-by-State Scholarship Directory website that contains numerous scholarships, grants, and financial-aid options for moms, mothers, students, working adults, and single parents that are seeking scholarships, grants, and financial-aid :An NAAS.ORG Approved Scholarship Directory
For a detailed review of our multiple college scholarships, college grants, student-loan options, and financial-aid options for moms, students, mothers, and stay-at-home mothers that are seeking scholarships, grants, and financial-aid, please visit our website at:
Our Next MACC Chairman
He has the audacity to declare that he will contest for the same seat as Chua Soi Lek - man, will I love it when he crushes CSL. He is cool. He is very funny, cutting, incisive and makes sense... but what is over riding is his passion for a better Malaysia.
Wednesday, 27 March 2013
Fair But Not Reasonable
Its like all MBA graduate employees insisting that we must do a market survey before launching a product. In reality, its not so much to gain more data on potential market - in the end its more to cover their ass ... if the product failed, they can say, "But, we did the survey before launching ....".
The "fair but not reasonable" is a bogus fortune teller kind of opinion ... "Mr. so and so, you will be rich soon, if not you might be poor ... RM500 thank you".
Can we go back to reject or accept ... pay a few hundred thousand just to get a "Yes, but maybe not ..." view sounds like such a waste of resources. If a deal gets that opinion, and say the deal goes through, the company gets privatised ... and 6 months later the same asset get relisted somewhere else at a 40% premium to takeover price .... end result is NOBODY gets into trouble, not the SC, not the independent advisors, .... oh but minority shareholders get shafted.
Just look at the last four or five opinions from independent advisors, most have taken the safe, insured route of "fair but not reasonable" ... what you are going to get from now ON is a lot of the same fucked up "yes but no" opinions. Apa value add? What can minority shareholders do? Basically you are telling MI, well, you can sell at this shafted price valuation but don't sue me.
I am in no way implying the offer for MISC is not reasonable or that the opinion is wrong by the independent advisor. I am arguing that the opinion would be worth so much more SALT if they can only tell us to ACCEPT or REJECT. In the MISC case, what do you think they will opine if they have only 2 options and not 3???!!!
I mean seriously, the offer for MISC is 1.1x book ... lets assume for a moment that book value is RM2bn .... hmmm why don't I fucking give Petronas RM2.2bn and they go and build another MISC from scratch??!! Can you see how ridiculous it is now ... you can cite downturns in sector but you try and build another MISC now and see how much it will cost you, not to mention the human talent, branding, goodwill attached with foreign clients, the network ...
"Absence of competing bid" ... OMG... its like advising your girlfriend to accept the marriage proposal because there seems to be no other guys wanting to propose to you.... cbmf...
Can we switch back to just reject or accept ... the current system is seemingly not fair and not that reasonable to minority shareholders.
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Meanwhile back at the EPF/MISC stable ...
The Employees Provident Fund (EPF) is probing the reason for the sales of
1.494m MISC shares, weeks after its CEO Tan Sri Azlan Zainol said Petronas
should raise its buy-out price for the national shipping company. "The selling of the MISC shares were done by one of our external portfolio managers and was not from our internally-managed portfolio," EPF public relations general
manager Nik Affendi Jaafar said in a statement. As such, he said the EPF is
following up with the fund manager concerned to ascertain the reason for the
shares were sold, adding a total of 3.99mn shares were sold between March
12-15. (BT)
MISC's stock price, which had fallen below the RM5.30 buyout price rebounded
yesterday to end the day at RM5.34. The concern though is that without a higher price, the deal could fall through considering the views expressed by the EPF which owns a 9.6% stake in MISC. EPF's chief executive Tan Sri Azlan Zainol has spoken out asking for a higher price than the RM5.30 per share offered which is at 1.1x MISC's book value. MISC's other big minority shareholder is Skim Amanah Saham Bumiputra with a 6.35% stake. Since the offer is conditional upon getting this 90% acceptance, the offer will lapse if Petronas does not get that level of acceptance.
The Minority Shareholder Watchdog Group has come out to say that the RM5.30 offer price by Petronas is "not compelling enough". Its chief executive, Rita Benoy Bushon said that "Petronas might do well to consider putting a larger carrot on the stick if its intention is to fully take MISC private."
Petronas’ offer price to privatise MISC is "not fair but reasonable", said the
independent adviser to the RM8.8bn deal. The offer allows shareholders to
realise their investment at a premium of between 19.6% and 27.1% over MISC's five-day to three-month volume weighted average market price. Petronas owns 62.7% of MISC's total and paid-up share capital. (BT)
With the independent adviser on Petroliam Nasional Bhd's planned buyout
of MISC Bhd recommending that shareholders accept the offer, all eyes are on
the Employees Provident Fund (EPF). The provident fund has already said it
viewed the offer as being too low. And it has all the right to do so. Its decision to speak out sends the right message to millions of its members. Last Friday, AmInvestment Bank Bhd, the independent adviser to the minority shareholders of MISC, said while the offer was not fair, it was reasonable.
AmInvestment said the offer was unfair as it was priced at a significant
discount to MISC's sum-of-parts valuation (SOPV) but considered it reasonable due to a weak shipping outlook that may persist and the absence of a competing bid. So, it recommends that minorities accept Petronas' offer.
In EPF's case, this is very pertinent, because it holds the key in the MISC
buyout being the second largest shareholder and the largest
non-interested shareholder with a 9.63% block worth about RM2.44bn.
In a recent interview with Bloomberg, EPF chief executive Datuk Azlan
Zainol said the pension fund wants a higher price and that Petronas
should increase its RM5.30 per share offer. (StarBiz)
Police, Camera, Action! Forest Gate Style
Yesterday evening at about 10.30pm I was at home in Forest Gate, London, when I heard a mass of Police sirens and looked outside of the window to count 17 Police cars and vans drive past along Woodford Road toward Wanstead chasing a car. I could hear a helicopter as well.
I thought this seemed a little excessive but thought well, I don't know the facts, but there is probably a good reason.
To my surprise a few minutes later the noise and flashing lights returned and I looked out again and saw that the Police had managed to stop the vehicle they had been chasing. The chase must have gone in a complete circle and the suspect vehicle appeared to have been boxed in by a Police Car while trying to drive along Woodford Road again (see photo to the right).
The Police taped off the road and later officers searched the roadway and I saw evidence bags being filled near the stopped car. I went to bed shortly afterwards. In the morning everything had gone and it was like nothing had ever happened.
I still don't know what was going on. Will check Newham Recorder next week.
Fwd: Launch of the United Kingdom Child Minders Association
Monday, 25 March 2013
Tory Millionaires Day 6 April 2013
FACT This Tory/LibDem government is planing to cut the top rate tax band on April 6th.
It is estimated that 13,000 millionaires in this country will be £100,000 better off (I can't verify this but believe it to be accurate).
FACT This will happen at the same time that many millions of ordinary workers are facing yet another year of pay cuts?
FACT One rule for the rich and powerful in this country and another for everyone else?
Government’s own budget watchdog, OBR confirms that by 2015 people will be worse off than 2010
This week’s Budget confirmed that Government is totally failing on the economy. It was a more of the same budget from a downgraded Chancellor.
Growth is down, borrowing is up and families are paying the price, while millionaires are laughing all the way to the bank.
The jobs crisis has deepened further this week according to new figures,
Ofcom - don't get stung by high mobile bills this Easter
A review of the Do Something Scholarships and Grants
A detailed review of Do Something Scholarships and Grants
We will be publishing a detailed review of the Do Something Scholarships service. Before providing your student contact information to any scholarship database service, or grant organization, including the "Do Something" organization, please be sure to read this detailed review of Do Something Scholarships and Grants. We discuss Do Something Scholarships in detail, their FaceBook habits, their FaceBook likeability, their receptivity to competitive scholarship listing sources, the quality of their scholarship listings, their duplicate listings, their excluded listings, their association with other listing services and/or companies, and the success rate of their scholarship recipients.
DoSomething.org represents itself as the country’s largest nonprofit for young people and social change. DoSomething Scholarship organizers claim they have 1,425,974 million members (and counting) who "kick ass" on causes they care about.
Claim by Do Something Scholarships: "DoSomething.org seeks to create a worldwide movement of young people kicking ass on causes they care about and making the world a better place. Because, let's be honest: apathy sucks"
Fact: On March 12th, 2013, Do Something Scholarships posted an image on their facebook account that advocated students should steal hamburgers by faking displeasure of a purchased burger and then complaining to management for a refund.
Do Something Scholarships or Do Some Theft: Are Do Something scholarships and grants Legit or Scam?
Do Something Scholarships talks a great game, and has a seemingly impressive roster of partners and supporters. However, Lance Armstrong also had the impressive backing of the United States Postal Service, and numerous other businesses and organizations before he was determined to be a fraud and using deceit to achieve fame and success. Therefore, we are not impressed with any of the cited partners and affiliates of the Do Something Scholarships. Oftentimes, the more name-dropping an organization does then it is all the more reason to become suspicious.
What we do know is certain facts about the Do Something Scholarships. Actions typically speak louder than words. We have re-posted the image of the hamburger posted on te facebook account of the Do Something Scholarships to illustrate the simple principal that consumers should never blindly believe the marketing hype of any organization that contradicts their own self-serving statements. Should students be praised for helping humanity or should students use grant money to learn how to deceive American ratail establishements?
The Do Something message is extremely confusing, contradictory, and yet very carefully scripted. On one hand, Do Something Scholarshps present the appearance of encouraging youth to do good to satify their legal requirements of a non-profit, but at the same time Do Something Scholarships implictly or expressly encourages youth to swear, and even engage in theft of services. An attorney sits on their board and apparently provides advice. Attorneys are professionals that are educated to mask the truth and present a lie as a fact. Let's be honest. If you are conducting your business affairs legitimately, then there is very little incentive to retain a professional whose income is generated by twisting a non-truth into a truth, and using the judicial process for legal certification of a falsehood.
History and asociations of the Do Something Scholarships
According to Wikipedia, Do Something Scholarships organization was co-founded in 1993 by American actor Andrew Shue. If we are to believe Wikipedia, Mr. Shue claims his motivation for creating the Do Something Scholarships organization was to encourage young people to become active citizens and leaders while also making community involvement fun.[2]The ving an attorney sitting on your board is not a very enpromotes profanity, and raw-talk, amongst youth.
Do Something Scholarships has monthly causes sponsored by companies like Staples, Aéropostale, Pepsi and Del Monte, that address issues that concern teenagers. According to the Do Something Scholarships website, Do Something Scholarships have over 300,000 members and reaches over approximately 11 million young people annually.
Suspicious Organizations/Persons Linked to Do Something Scholarships
This review of the Do Something Scholarships will continue the next day. We will dicuss the controversial persons associated with the Do Something Scholarships, and discuss other topics of concern, as well as provide a letter grade summerizing our recommendations.
Please be sure to follow America's Scholarship Center, here at National Academy of American Scholars, for the best in depth reviews of all Scholarship listing databases and scholarship books. As a general rule of thumb, yif even popular scholarship is not in a database then at least 100 hundred others are also excluded for no legitimate reason.
We invite students seeking information about Do Something scholarships, to also review the multiple scholarships, grants, and financial-aid options for students, moms, mothers, and single mothers that are sponsored by NAAS.ORG.