Must Watch: Dylan Ratigan Is Simply Mad As Hell

WOW! WOW! WOW! WOW! WOW! WOW!

Fnally... someone speaks up!

We’ve got a real problem…this is a mathematical fact. Tens of trillions of dollars are being extracted from the United States of America. Democrats aren’t doing it, republicans aren’t doing it, an entire integrated system, banking, trade and taxation, created by both parties over a period of two decades is at work on our entire country right now.

The transcript:

Dylan: What are you talking about $4 trillion?

Karen: $4 trillion, I’m saying…

Dylan: We owe $70 trillion. [cross-talking 04:29] a $4 trillion solution, which is basically just a way for the Democrats to avoid dealing with this until 2017. I’m not here to talk about plans to deal with this till 2017. I’m saying we’ve got a real problem, and I’m tired of Republicans and Democrats who either want – Republicans who want to burn the place to the ground and Democrats, with all due respect, who want to offer a plan that gets it through the end of their second term of their presidency, and then screws me and my kids when it’s over! And until we do that, we have to deal with the extraction that is at foot, it is the reason the financial markets are behaving the way they’re behaving, it is a mathematical fact! This is not some opinion; this is a mathematical fact. Tens of trillions of dollars are being extracted from the United States of America. Democrats aren’t doing it, Republicans are not doing it, an entire integrated system, financial system, trading system, taxing system, that was created by both parties over a period of two decades is at work on our entire country right now. And we’re sitting here arguing about whether we should do the $4 trillion plan that kicks the can down the road for the President for 2017, or burn the place to the ground, both of which are reckless, irresponsible, and stupid. And the fact of the matter is until we actually, and I’m sorry to lose my temper, but I tell you what, I’ve been coming on TV for three years doing this, and the fact of the matter is that there’s a refusal on both the Democratic and the Republican side of the aisle to acknowledge the mathematical problem, which is that the United States of America is being extracted. It’s being extracted through banking, it’s being extracted through trade, and it’s being extracted through taxation, and there’s not a single politician that has stepped forward, Susan, to deal with this.

Susan: Yeah, but there’s only one right now, the leader of the free world, whether you like it or not, the President of the United States is arguably one of the most powerful individuals we have out there, and he’s our President.

Karen: But, Susan, what you’re saying is exactly the point that Dylan is making. It’s not about one guy; it’s about all of them.

Susan: No, I actually disagree. I think Dylan – it is about one guy.

Dylan: I agree with her. It is about one guy.

Karen: What would you like him to do? What do you want him to do?

Dylan: I would like him to go to the people of the United States of America and say, “People of the United States of America, your Congress is bought, your Congress is incapable of making legislation on healthcare, banking, trade, or taxes because if they do it, they will lose their political funding and they won’t do it. But I’m the President of the United States, and I won’t have a country that is run by a bought Congress. So I’m not going to work with a bought Congress and try to be Mr. Big Guy, ‘I’m working with a bought Congress’, I’m going to abandon the bought Congress like Teddy Roosevelt did, and I’m going to go to the people of the United States and I’m going to say, ‘You’ve got a bought Congress,” and until we get rid of the bought Congress, which is Jimmy Williams constant point, which is get the money out of politics, and until a President says that’s the problem and says he’s going to fix it, there is no policy that I can possibly see no matter how brilliant your idea may be or your idea or my idea or her idea or your idea at home, is that idea will not happen as long as there’s a capacity to basically fire a politician who disagrees with me by taking funding away from him. Is that a fair assessment?

Jimmy: Money in politics is the root of all political evil. It is corruption at its worst. And until we step up and kick that out of the park, it’s going to be the same system all the way.

Dylan: And only the President can do that.

Jimmy: No, no, no, Congress has to do it, too. Congress has to do it, too.

Dylan: But I’ll tell you what, how bad does it have to get? How much money has to be extracted? How many things have to be heard?

Karen: [cross-talking 07:59] tax. Okay, physically, what do you do?

Dylan: You go and give a speech to…

Karen: Right now.

Dylan: Yeah, right now. You say…

Karen: And then what happens tomorrow?

Dylan: Tomorrow, what happens is you begin the process of actually investing in solving the problems, so I come out and I say, “How?” I create an infrastructure bank with 2% blending immediately. There’s – once I explain to people the problem, once I explain to you that you have cancer, once you understand how screwed up your trade, tax, and banking policies are, believe me, you will have no issue when I incorporate an infrastructure bank that I fund with repatriated offshore money that I bring in and then use to create 2% direct lending to every business in America because when you realize that the banking system is fully corrupt and defrauding us, and I come out and say that, which is what I want my President to do, then at that exact moment I say, “You know what, we’ve got a screwed up situation here, people. You all know it, and now I’m going to admit it.” And as a result, not only have I admitted it, but we’re going to begin the process of solving it like grown ups. They did in World War II, they did it after the Civil War, they did it in Latin America with the Brady Bond; we are not seeing it happen now.


* if the clip doesn't play... double click on it.

Marc Faber: "The Best Thing The Fed Could Do For Markets Wold Be To Collectively Resign"

Highlighted on ZH:

Faber on whether he thinks the Fed did the right thing by keeping rates low:

"I think they did the right thing that they didn't allow QE3. They can watch the reaction of assets, whether they will go lower. I think the market is more likely to move still lower. We are very oversold. We can have a rebound like we did today, maybe we'll have a rebound next week or so, but in general I think we will test the July lows of last year, the S&P at 1,010. After that, probably we'll get probably a QE3 announcement."

On why he thinks the Fed is waiting on QE3:

"I think the Fed is underestimating the severity of the coming economic downturn. Essentially they spent their bullets. It is very difficult to follow through with QE3 right here, because you have gold prices going ballistic, and you have the dollar being very weak, and so there are unintended consequences with implementing QE3 right here."

On what Faber thinks the Fed should do:

"The best [the Fed] could do for markets would be to collectively resign…I think sometimes the best is to do nothing. I welcome the decision, at least today, that they aren't doing anything worse than what they have already done."

On whether it makes sense to provide any kind of stimulus:

"What has QE1 and QE2 done for the labor markets? Nothing at all. It's done nothing for the housing markets. It's lifted stocks and it created wider wealth inequality in a sense that people who own assets have done very well, and people that are the lower-income recipients groups, they are hurt by rising energy prices and food prices."

On what should be done for the U.S. economy:

"From 1981 to 2007, we have an economy that was living beyond its means. As a result of continued debt accumulation, GDP was higher than would otherwise have been the case. Now we have a period of sub-par growth that can last for quite some time now, and like in the case of Japan after 1989, people instead of being encouraged to spend, they should be encouraged to save more, and the U.S. should save more and spend less. And then capital spending will essentially pick up."

On the manic behavior in markets:

"I personally think the Treasury market, the long-dated, are a bubble and it will be one of the worst investments for the longer term if you buy a 10-year, a 30-year U.S. Treasury so I'm a bit puzzled that Treasuries are now yielding, are essentially near record lows. I would rather sell Treasuries."

"The stock market peaked out on the 2nd of May on the S&P at 1370. So we're now around 1010. For many stocks we're down 20% or so. We're very oversold. I think a rebound is coming but you can forget about a new high. That is out of the question. Because the technical picture is horrible, horrible. "

On why investors are continuing to move to Treasuries:

"I've been in this business for 40 years and on many occasions, nothing made sense to me….I think the Treasury market is another example of a gigantic bubble. The problem with the Federal Reserve policy of essentially zero interest rates is that they are essentially throwing money at the system, but they don't control where the money will flow to. It can flow at some point into commodity-related stocks. It can flow into gold, oil, treasuries, but it doesn't flow evenly into these assets. In my opinion, the Treasury, the long-dated Treasuries are essentially the short of the century thing here."

On whether gold is a bubble:

"I don't think it is a bubble, but I think the gold market has exploded to the upside recently and the correction is overdue. But as I have always maintained for the last 12 years, every responsible adult should gradually accumulate gold, because not owning any gold is the trouble with government. I don't understand. People of Bloomberg, I hardly know anyone who owns any gold physically. All of the Bloomberg employees are intelligent people. They listen to the news every day. They make the news every day. Hardly anyone owns any gold.”

On what you can do with gold:

"I disagree [that you can't do anything with gold.] You give your girlfriend copper rings and I give them gold rings and I keep them longer."

On how Faber would play the markets right now:

"I think right now the technical picture is so horrible that I would use a rebound as a lightning up opportunity. I think [equities] will move lower. I mean, some say you should move back into emerging economies because the fundamentals of emerging economies are far better than the fundamentals of European countries and the fundamentals of the United States. This is something I will consider."

"The only thing I have to say, basically the market has sold off in such a rapid way and with so much momentum that I am smelling as if something really wrong happens in the next two or three months, because the market is a discounting mechanism. Like March 2009 the market started to go up and people were baffled why it started to go up. Now it starts to go down, and maybe after three months people will wake up and scratch their heads and say now, we know why it started to go down, because maybe there is geo political problems, maybe the Middle East blows up, maybe the economy is horrible."

Ranhill's Director Buys Shares Ahead Of Takeover Bid Of The Company???

Is this even allowed?

On Star Biz: Ranhill director buys shares

• Tuesday August 9, 2011
  
  Ranhill director buys shares
  
  PETALING JAYA: Ranhill Bhd’s director Senator Datuk Chandrasekar Suppiah has acquired 80,000 shares, representing a 0.01% stake, in the company last week.
  
  In an announcement to Bursa Malaysia, Ranhill said the transaction was done via open market at an average price of 76.8 sen per share.

Just on the Edge: Ranhill gets takeover offer at 90c per share

• Ranhill gets takeover offer at 90c per share
  Written by Surin Murugiah of theedgemalaysia.com
  Tuesday, 09 August 2011 10:47
  
  KUALA LUMPUR: RANHILL BHD has received a takeover offer from its major shareholders at 90 sen per share, led by its president and chief executive Tan Sri Hamdan Mohamad. At 90 sen, this was a premium of 15 sen or 20% above the last traded price of 75 sen on Monday.
  
  The parties acting in concert with him are Cheval Infrastructure Fund L.P. (acting via its general partner, TAEL Management Co. (Cayman) Ltd), Ranhill Corporation Sdn Bhd, Lambang Optima Sdn Bhd and Pacific Energy Overseas Ltd. They jointly own a 51.86% stake.
  
  Ranhill said on Tuesday, Aug 9 the parties made the offer to acquire all the remaining shares they do not already own via Maybank Investment Bank Bhd.
  
  “In relation to the offer, the board of directors of Ranhill will upon its deliberation, announce whether it intends to seek an alternative person to make a take-over offer for the offer shares,” it said. They do not intend to retain the listing status.
  
  Trading in Ranhill shares has been halted from 9am and will resume at 2.30pm.

Err.... can someone please call Martha????

And hello..... Ah See?

Like this also can meh? Company director buys share and next week company gets takeover offer???

Sigh,,,,,,,,,

If like this also can... then ... just say goodbye to CG.

Sigh...... what a sad day for corporate Malaysia.

And Who Made That Bet That US Credit Rating Wound Be Downgraded?

And on the Daily Mail:  http://www.dailymail.co.uk/news/article-2023809/Did-George-Soros-win-10-1-return-S-Ps-US-credit-rating-downgrade.html#ixzz1UVBb91fz

Who 'made $10bn on 10/1 bet that U.S. credit rating would be downgraded'?

Unknown investor or hedge fund 'made $850million bet'
Bet in futures market reportedly done at odds of 10/1
George Soros made similar bet on currency in 1992

But source says he wasn't involved in rumoured trade

By Mark Duell

Last updated at 12:08 AM on 9th August 2011

A mystery investor or hedge fund reportedly made a bet of almost $1billion at odds of 10/1 last month that the U.S. would lose its AAA credit rating.

Now questions are being asked of whether the trader had inside information before placing the $850million bet in the futures market, or if the bet happened at all.

There were mounting rumours that investor George Soros, 80, famously known as ‘the man who broke the Bank of England’, could be involved.

Was it him? George Soros, 80, has been mentioned as potentially being the mystery investor who won a $1billion bet that the credit rating would fall

He made more than $1billion on currency speculation when the British pound left the Exchange Rate Mechanism on Black Wednesday in 1992.

But a source with knowledge of the firm said Soros was not involved in the rumoured trade and questioned whether in fact there had been such a trade at all.

The latest bet was made on July 21 on trades of 5,370 ten-year Treasury futures and 3,100 Treasury bond futures, reported ETF Daily News.

Now the investor's gamble seems to have paid off after Standard and Poor’s issued a credit rating downgrade from AAA to AA+ last Friday.

Whoever it is stands to earn a 1,000 per cent return on their money, with the expectation that interest rates will be going up after the downgrade.

The link has been made to Mr Soros in part because he has been tied to President Obama’s administration since 2008, reported The Examiner.

He also recently stopped managing money for outside investors, meaning he is under less scrutiny from the Securities and Exchange Commision

But the mystery bet could easily have been made by another trader with similar resources, despite Mr Soros’s links with the Obama administration.

The bet also raises questions of whether President Obama and Treasury Secretary Timothy Geithner knew that a downgrade was on the cards.

Mr Geithner said in April there was ‘no risk’ of a downgrade - but the government now appears annoyed, not surprised, by last week’s decision.

He has since slammed S&P for showing 'terrible judgment' in their decision and a 'stunning lack of knowledge' of U.S. fiscal budget maths.

Jim Rogers: US Is Bankrupt

On CNBC: http://www.cnbc.com/id/44054257

• Jim Rogers: Don't See How US Can Ever Pay Off Debts
  Published: Sunday, 7 Aug 2011 | 9:51 PM ET
  By: Deepanshu Bagchee
  
  U.S. doesn't deserve a AA-plus credit rating, much less triple-A, commodity bull and noted investor Jim Rogers told CNBC on Monday.
  
  Rogers said the country was unlikely to be able to pay off its debt and Standard and Poor's rating cut had come too late and should have happened long ago.
  
  "It seems to me it's physically, humanly impossible for the U.S. to ever pay off its debt," Rogers said. "They can roll it over and continue to play the charade, but the U.S. is bankrupt."
  
  Rogers’ comments came during a CNBC interview with the head of sovereign ratings at Standard and Poor's, David Beers.
  
  Beers said that according to S&P's calculations, total U.S. public debt, which includes local, state and federal government debt, will be $11 trillion this year, and will rise to $14 trillion in 2015 and to $20 trillion by 2021.
  
  To put those numbers into perspective, according to the U.S. government's Bureau of Economic Analysis, U.S. annual gross domestic product (GDP) totaled $15 trillion in the second quarter of 2011.
  
  Rogers, who has been critical of the U.S. economic policies for some time, said he remains short 30-year Treasurys, emerging markets and U.S. technology stocks but was long safe havens such as the Swiss franc, the yen and the dollar.
  
  Rogers said he was also long commodities, especially gold and agriculture, and accepted that some of his long commodity positions may suffer in a selloff. Still, he won’t be selling.
  
  "You should nearly always buy into panic just like you should sell hysteria," Rogers said. "I own gold, I'm worried about gold, it's going so up so much, I'm not going to sell it but it looks like it's setting itself up for a nice correction. I hope so then I can buy more."

How About This China Stock Called Maxwell International?

I was most curious as one of the Chinese listed stocks finally offered some decent dividends.

Maxwell International Holdings announced the following on 5th Aug 2011: First and Final Dividend. It's a First and Final Single Tier Exempt Dividend of RM0.0335 per share (Note, there are some folks who are rather picky with dates of announcements etc etc, Maxwell actually made an announcement declaring it was proposing this dividend back on 19th May 2011 (see here )

And since Maxwell last traded at 0.34 sen, I decided to look for more info.

Maxwell was the first foreign listed IPO this year and sadly there was undersubscription for its shares offered ( See Edge artice: Maxwell’s public issue undersubscribed.).  Perhaps the local investors could not stomach yet another shoe company listing from China. ( Sorry but I was told that 'shoe' is not too a happening word in Cantonese )

And the share performance since listing was dismal.

Now, as we are all well aware, many of the Chinese listed companies trades at a fairly low PE and they have tons of cash.  ( In Singapore, some S-Chips have traded at a PE of less than ONE and yes, there was one S-Chip with a PE of less than ONE who was later caught with the financial accounting fraud. )     

But sometimes the cash is not there!

See postings: Buy That Chinese Stocks Cos Of The PE Is Very, Very Low and Want To Invest In Chinese Stocks Listed Overseas? Read This First!

For me, I could only think of one safer approach, which is to look at the cash flow and look at the interest income.

Think about it.

Here's the simple reasoning.
Say I tell you I have 200 million cash. But my interest income shows me getting a very low return for my money. Say less than one percent.
 
Think about it... if you have 200 million cash, would you be satisfied if your banker gives you less than one percent for your money? Logically yo wouldn't, yes?
 
So if I tell you I have 200 million but my interest income doesn't support such a fact... surely you would ask me a simple question : SURE BOH?
 
Yes?
 
Agree?
 
Surely you would be sceptical with my claims. Yes?
 
Let's look at Maxwell's piggy bank cash.
 
 

Very impressive, yes?

172 million worth of cash!!! That's a lot of cash, yes???????
 
Then I look at Maxwell's cash flow statement.
 
 

For the six months ending 30th June, Maxwell's interest income only show some 363,901 .

Err.... errr...

6 months only 363,901.

One year, it should be about 727,000.

Ok.. round it up... that's about an interest income of 730 thousand only.

Compare the cash... Maxwell says it has some 172 million. Ok... perhaps it's understandable that the company doesn't bank in everything into money markets. Agree?

Say Maxwell banks in 100 million into FDs?

Agreeable?

But look at the returns... it's only 730 thousand.

Do the math. 730 thousand divided by 100 million = .....how many percent.... ?

How?

Err... I am not insinuating anything... all I am saying is... I believe Maxwell is getting extremely low returns for its cash. Why? I don't know. But if you are an interested investor, don't you want to know why?

ps: I seriously don't know if Maxwell would go up or down... so please spare me with those auntie talks.

ps: I am seriously not insinuating anything.

ps. After reading the cash flow... I closed the pdf file.

Yet Another Brilliant Performance From A Newly Listed ACE Stock!

I know, I know... them Ace stocks are supposed to be a punting market.

I know, I know... you just punt on them Ace Stocks, you don't INVEST in them....

But .... sometimes ...... I seriously believe we need to care more on what's happening.

It's just not right.

I just saw Ideal Jacobs earnings.

It was not nice at all.

WTH!

Yup!

First quarter ... and they are losing money already!!!!!!

And look at them happy faces during listing day.

Yeah that picture was taken from the following posting http://whereiszemoola.blogspot.com/2011/05/ideal-jacobs-promising-debut.html

Let me repaste in full...

-----------------------------

I just read the Star Biz article: Promising debut by Ideal Jacobs

• Thursday May 19, 2011
  
  Promising debut by Ideal Jacobs
  KUALA LUMPUR: Industrial labels and nameplates maker Ideal Jacobs (M) Corp Bhd closed at 43 sen on its Bursa Malaysia's Ace Market debut, which represents a premium of 16 sen or nearly 60% higher than its initial public offering (IPO) price of 27 sen.
  
  Its share opened at RM1.05 yesterday morning and hit its highest point of RM1.10 but retraced to below 70 sen after that and closed at 43 sen. It was the top volume on Bursa yesterday with 50 million shares changing hands.
  
  It is interesting to note that the buy order for Ideal Jacobs was at RM1 for its premarket trade, which is 270% higher than its IPO price. Its first premarket transaction showed a buy order at 50 sen.
  
  Chairman Andrew Jacobs said in a statement: “Today's listing underscores our commitment to enhance our geographic footprint in China and Thailand and provides us with direct access to the capital market, thereby enhancing our financial capacity to expand our theatre of operations as well as increase our productivity within our own supply chain.”
  
  Ideal Jacobs' core business is manufacturing industrial labels and nameplates as well as laser/die-cut products and its secondary business is in the fabrication of plastic parts.
  
  The US-based company also provides a total end-to-end solution to customers with full in-house capabilities including design and artwork creation, screen making and preparation, multi colour screen printing, and finishing processes.
  
  It is an investment holding company with subsidiaries, Ideal Jacobs (Xiamen) Corp and Ideal Jacobs Corp (Thailand) Ltd.
  
  Its public issue of 30 million shares has been fully subscribed with the 2 million shares that were made available for application by the Malaysian public oversubscribed by 315 times.
  
  The company's IPO is expected to raise about RM8.1mil from investors and the local investing public upon listing on Bursa Securities. Upon listing, Ideal Jacobs is expected to have a market capitalisation of RM32.4mil.
  
  It will allocate RM1.5mil to establish its plant in Suzhou, RM1mil to launch a new production line for engineered thermoplastic composite products in Thailand and RM800,000 to establish an industrial label manufacturing plant in Malaysia.

OMG! OMG! OMG!!!!!

Comeon!

You call that promising??????

Let me quote this bit again:

• Its share opened at RM1.05 yesterday morning and hit its highest point of RM1.10 but retraced to below 70 sen after that and closed at 43 sen.

Does the reporter understands and knows what this means at all??????

How on earth did the reporter conclude that such a trading performising equates to a promising debut from Ideal Jacobs?

Let's see.. it's now 10.27 am and Ideal Jacobs last traded at 0.385!

Which means that this stock had literally plunged to its death since listing!

And in fact I wonder how many punters got hammered trading the stock yesterday!!

Yeah.. promising debut!

Here's the screen shot of what I reckon is the most disgusting debut of a stock on KLSE. Yeah, I just wonder how on earth did the stock open at 1.05, climbed to 1.10 before plunging STRAIGHT DOWN! Yes straight down because by 9.20, the stock was trading at 51 sen!!!



Seriously?

I really think our financial media should STOP INSULTING us, the investing public, with such pathetic news headline! Stop turning our financial market into a circus!

---------------------------------------

And I did made another posting after that. Ideal Jacobs - Stinking Up The Whole Market

Let me reproduce the posting in full again....

Congratulations mate!

Made a lot eh? Well done! You made yourself proud! You made the country proud too!

Nobody does it any better!

12 months high 1.100 (18-May-11)
12 months low 0.355 (19-May-11)


See also: Ideal Jacobs Promising Debut?

LMAO!!! That stock chart from Star biz isn't even correct! It doesn't show Ideal Jacobs trading at a high of 1.10.

Here's the 10 mins chart from RHB.



Here's how Ideal Jacob traded yesterday.



ps: here's a clip from Bernama. Do note what the chairman said: " We are very pleased with the opening price... "



----------------------

Ideal Jacobs last traded today at 0.235!!!!!!

I then took a peep at their cash flow... the end bit....

Err... Ideal Jacobs raised some 8.1 million from its ipo... ok.... but look at its listing expenses paid... some 3.793 million! WOW! Why so much compared to what they raised?

Why?

Do You Want To Know .....

Remember the posting Totally Meaningless and The Root Of All Hatred

Just to refresh. In that posting, I showed how one blogspot user had been changing the user name and spamming local blogs.  Even blogs like nexttrade was spammed too!

Remember this account: http://www.blogger.com/profile/13845454760825339051. Just scroll over the name posted in the comments and you see this account profile.

Now just who is 13845454760825339051?

This morning, someone highlighted to me a very interesting link. 

Check this link out.

http://www.blogger.com/comment.g?blogID=2900671137131972978&postID=2966191914182449127

Let me take some screen shot just in case the posting is removed..

Now as mentioned before, roll the mouse over the name or you can click on the name itself.

Lydia Tze said.. Guess what is the blogger profile for Lydia Tze? 13845454760825339051!!!

G Lock said... Guess what is the blogger profile for G Lock? 13845454760825339051!!!

And the next comment...

Oops  silent reader has the same blogger profile too!!! 13845454760825339051 !!!


Ok then Samgoss blogger profile is http://www.blogger.com/profile/08674531928566826301

The next two comments:

 foremost 027 and  wiwi jungle jungle also shared the same blogger profile too: 13845454760825339051 !!

The next 3 comments showered much praise to the blog.

• You are awesome < - > ;  Like the way of ur blogging, so real & funny < - >;

So awesome and so real!!!!!
 
LOL!
 
But check out the blogger profile for those three that made those comments. They are all from the same blog profile! LOL! One user using many multiple nicks! Yeah babe, it's so real!
 
Corazo amigo, Nazrin Othman Pak Salleh , Mimi all shared the same said blogger profile too!!!! 13845454760825339051!!!!!
 
Are we counting? 8 comments all came from the same blogger profile. The very same profile that was seen spamming blogs like mine and Nexttrade.
 
The next 3 comments.
 
 

 
Same result!!!!!!!!!!!!!!!!
 
Okio ,  little House and  Raymond Neo all have the same blogger profile 13845454760825339051!!!!
 
Now the next one..... most interesting!
 
 

•  Financial Wizard said.....
  
  Dude,
  
  With your proven track records , do we need to say it more ?
  
  Have a nice weekend :}

Now check out  Financial Wizard blogger profile. It says 08674531928566826301

And guess who has the same blogger profile? Samgoss!!!!!!!!!!!!

Yup Samgoss and Financial Wizard shared the same blogger profile!

LOL!

Caught red handed once more. So malu leh.

Here we see Samgoss changed his profile name to Financial Wizard and made a comment on his own blog!

Duh!

See Samgoss is so pandai. He knows how to create multiple nicks in blogspot.

Then came the next two comments from  i claud and  Anntox

• At the same time ,I would like to thanks sam for his awesome picks , have been doing very well ever since I subscribed to his blog , bravo sam on yr bonus pick last month , D???????? rose almost 20% & lucky I have accepted yr bonus pick offer.
• Me too , I am so lucky being offered with the bonus pick .

i claud  and Anntox praising the 'private subscription blog'.

The problem? i claud  and Anntox blogger profile is 13845454760825339051!!!!!!

The next two? Same result!

Patrick Koh and Ian Woon has the same blogger profile too! 13845454760825339051 !!!!

 Lee Shien Kien,  Ivan Neo ,  Greenharvet all shared the same blogger profile too!

And the very last comment, New Yorker too shared the same blogger profile!!!!

See, when you create a blogger id, you are given a specific blogger profile. You can change the blogger display name but not the blogger profile. Yes, the blogger profile cannot be changed.

Now get this.

That blog posting has 21 comments!!!

19 comments all came from this blog profile: 13845454760825339051 !!!!!!!!!!!!!!!!!!!!!!!

The other two comments came from blog profile 08674531928566826301, a profile used by samgoss!

How?

Freaking creepy eh?

Comments from blogger profile 13845454760825339051 is used to spam hatred among all blogs and also used to promote samgoss private blog!

What nice scheme. Curse other bloggers and then promote own blog.

Problem is.... you have been found out!

ps: I wonder how long this posting and all its comments will remain: ^V^ I hv created a ta = tak ada akal blog 4 all ta losers esp mr lulu ^V^

Oops ... just an