You cannot make the weak strong by making the strong weak!

An economics professor at a local college made a statement that he had never failed a single student before but had once failed an entire class. That class had insisted that socialism worked and that no one would be poor and no one would be rich, a great equalizer.
 
The professor then said, "OK, we will have an experiment in this class on socialism. All grades would be averaged and everyone would receive the same grade so no one would fail and no one would receive an A.

After the first test, the grades were averaged and everyone got a B. 
The students who studied hard were upset and the students who studied little were happy. 
 
As the second test rolled around, the students who studied little had studied even less and the ones who studied hard decided they wanted a free ride too so they studied little.  The second test average was a D! No one was happy.
 
When the 3rd test rolled around, the average was an F.

The scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else. 
 
All failed, to their great surprise, and the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great but when government takes the reward away, no one will try or want to succeed.

Could not be any simpler than that.

What a profound short little paragraph that says it all:

"You cannot legislate the poor into freedom by legislating the wealthy out of freedom. What one person receives without working for, another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for,that my dear friend, is about the end of any nation. You cannot multiply wealth by dividing it." Dr. Adrian Rogers, 1931

This however is happening in Malaysia.

Technorati Tags: Socialism, Freedom, Equality, Malaysia

Another word for Retrenchment discovered

Interesting News today:

30 March 2009: CIMB Group is offering its 36,000 staff extended unpaid leave under the "Staff Rejuvenation Programme" from next month. Group chief executive, Datuk Seri Nazir Razak, emphasised that the programme was not to lay off workers but to give them an option to take extended unpaid leave of between one and six months.

On whether the programme would reduce costs, he said: "We don't have a target but there will be cost savings. It's a positive move and a win-win situation. Under the current economic situation, it is fully understood that there is spare capacity."

It is understood that the workers who take up the group's offer will start their leave from 1 April, but this will not affect the bank's operations.

Definitely an April Fools joke on the employees of this bloated organization. Ever since CIMB forcefully acquired the profitable SBB, they have been steadily reducing the under-performing staff from BCB. Now, this round of so-called "Rejuvenation Programme" is probably aimed at making the subsequent redundancy programme look more legit.

Whatever it is, CIMB should not have been allowed to buy SBB and we all know why it was allowed.

It would be interesting to see what other banks will do - will they use the same word?

Technorati Tags: CIMB, Malaysia, Banks

Mat Rempit Menace

Mat Rempit menace is more than on the road.
They are attacking with parangs and they are attacking your house.
This happened in Taman Maluri, Cheras.
See how switch they operate and how fierce they are.
A second too slow at closing of the gate, cost the owners.
My advice: Get autogate, don't live in Cheras, and dont trust your maid.


Technorati Tags: crime watch, mat rempits, malaysia,