Lies and More Lies

Is your EPF money enough for retirement?

SOME studies conducted in Malaysia have shown that most retirees spend all their EPF money within three years of their retirement. Given that the average lifespan for a Malaysian is 75 years, if we retire at 55 and spend all our EPF money within three years, a lot of us will be wondering how to survive from 58 to 75. Full Report:

http://biz.thestar.com.my/news/story.asp?file=/2009/7/15/business/4318886&sec=business
Lie 1: Careful analysis of the above article - reveals many assumptions and the effectiveness of such a general idea for the reader without expert consultation or knowledge is practically nil. It does not warn the individual of Risks and other unforeseeable circumstances and does not protect the average man from shocks but burdens him with the immense financial reality he faces. This kind of simplistic life time financial planning expounded by the media only brain washes the average man so that his behaviour may be calculated, manipulated and then rigged by global financial institutions! Conclusion : 50% or more will see their retirement money disappear with no insurance for healthcare. Buyer Be Aware !

OBAMA: Unemployment will Get Worse

WARREN, Michigan: Conceding unemployment will get worse before it shrinks, President Barack Obama on Tuesday unveiled a US$12 billion plan to help community colleges prepare millions of people for a new generation of jobs.

Challenging critics, he said he welcomed the task of turning around the economy.

"I love the folks who helped get us in this mess and then suddenly say, 'Well, this is Obama's economy,"' the president told an outdoor crowd at Macomb Community College. Full Report:

http://biz.thestar.com.my/news/story.asp?file=/2009/7/15/business/20090715074631&sec=business
Lie 2: USA is USD$10 Trillion in Debts. Who is going to pay for it? The Rich? No, the Poor.
Lie 3: US Budget Deficit 2009 http://www.reuters.com/arti...
Lie 4 : 71 year old Swindler jailed for 150 years. http://thestar.com.my/news/story.asp?file=/2009/7/15/worldupdates/2009-07-14T225656Z_01_NOOTR_RTRMDNC_0_-410303-2&sec=Worldupdates Reality Check: But the system is not changed.
Lie: 5 China's Foreign Reserves tops USD 2 Trillion Reality Check: all linked to USA ! http://bit.ly/3PXfh

2 Million newly Displaced People in Pakistan http://bit.ly/10mnFG
The SWAT Valley Dilemma http://bit.ly/CUOde
World Health Day 2009 http://bit.ly/5zVyL
WHO Recommendations http://bit.ly/AY2ol
China News http://twitter.com/ChinaNew...
CHINA http://twitter.com/#search?q=%23china
Wall Street Journal Asia http://bit.ly/rlzSk
Obama's Agenda complicated by Deficit http://www.dsuwebservices.org/links/view.aspx?url=http://online.wsj.com/article/SB124762045424342595.html
Business to solve the problems of poverty http://bit.ly/5oZJp
Internet addiction http://bit.ly/y2gcA