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By David Lang

The following stories may fire your imagination, pique your interest. Some say 1MDB is Malaysia's Sovereign Wealth fund; to others they asked what wealth fund when its total capitalization is just One million ringgit? But, then again, if you think you can look down on the pet idea of the Malaysian prime minister, think again. His idea has the potential of turning the now world famous - or shall we say, infamous - 1Malaysia Development Berhad into a giant corporation you can ever imagine - even bigger than Bill Gate's Microsoft! At least, it could be, if the original course is stayed. It was supposed to inspire Malaysians to think big besides advance growth, according to its slogans screaming out of giant bill boards throughout the country. 'Backed' by the finance ministry who owns it - which means money will never be the problem - it can only succeed. But..it didn't. It failed! That's why it may have piqued many people's curiosity. How can a company flush with cash and can borrow any amount (billions) anytime could fail? Well, this may be in line with your thinking. People have seen since its inception - I mean after its name was changed in 1999 from Trengganu Investment Authority (TIA) to the present - it hasn't done any business! I have used present tense deliberately. It hasn't done any business yet. I mean if you are in business you need to make profit or find ways to make profit. Or close shop. Oh, I had heard about their filings of tax returns and hiring of a couple of internationally known auditors to sign off on their balance sheets; but these concerned only the company's borrowings and interests to be paid. Two massive bonds were issued to the tune of $7 billions. To buy up power plants. Again I want to say if you are in business to make money even investing in independent Power Plants, it should be done with the view to making a profit. The decision may be long term or short term, it doesn't matter, it has to make money, or no deal. May be they have done the right thing. Maybe luck was not on their side. Still, the amount is staggering. I didn't know having or managing so much money can be a problem! But many - especially the Malays - have not given up hope yet. Yes, may be the durians are just ripening; may be they need time and may fall soon!




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Malaysia's Vision 2020

By:David Lang

Malaysia is supposed to be on its way to becoming a developed nation, by the year 2020. Will she make it (in less than five years -tick-tuck, tick-tuck)? There is no doubt the year 2020 is coming whether the country is ready or not, and if that will be the only requirement then Malaysia will attain that developed nation status on schedule. There is a question, though, Will Malaysia, or Malaysians, for that matter, be ready for that status as far as their affluence, quality of life's concern? Currently Malaysia's GNI per capita stood at US$10060. According to the World Bank high income economies are those with GNI per capita of US$12,745. And until Malaysians earn much more to be there, the developed nation status may not be achieved even by the year 2020. The futility of declaring a country a high income country when it's not, achieves nothing. May be even counter-productive; it lulls the country into false sense of success and premature celebration. Don't forget China reportedly overtook Japan as the world's second largest economy, but in actual fact China's citizens' ca pita income is a fraction of the incomes of the Japanese who earn $37,000. Chinese incomes range from $13,000. China's gross domestic product, taken as a whole, may beat Japan's, but in term of quality of life, and GNI per capita income, the criteria for a developed nation status, China still has a lot of catching up to do. That's why China still qualifies as recipient of Japan's economic aid meant for developing countries. Comparing with the Chinese per capita domestic product, Malaysia is even worse off. Unless the government bucks up and rushes to create more wealth for its citizens, the Vision 2020 dream may remain just that ..a dream.

Jun 29, 2013

'MCA go home' vs 'Where was DAP 13 years ago?' at Jonker Walk

'MCA go home' vs 'Where was DAP 13 years ago?' at Jonker Walk
What?! Gan qualified his being there as a survey, not to protest? Let alone to lead the protest? Did Mr. Gan Tian Loo realize that the MCA protest carries more weight than DAP protest many times over. The state government, being UMNO-led government, considers the DAP as the opposition working hand-in-hand with PAS and PKR to oust UMNO from power, rescinding the directive on the request from DAP leaders will make the party even more popular. I thought, at first, here come the MCA, finally to do what it's supposed to do. Then the expected  happened. He got cold feet. The reporter who covered the protest reported Gan was suddenly cautious . He was like ..."I'm here to lend my support to..the .. no, wait! I am not here to support the traders - but just to do a quick survey! But I am glad to be standing here with the protesters but reporters, please put it down in black and white I am not, I repeat, am not here as part of the protest. This is the reason the MCA was shunned, I mean has been shunned by the Chinese. They do not represent the Chinese anymore. They cannot get things done anymore unlike in the old days. Gan admitted his meeting with the chief minister was fruitless, but would keep trying. Keep trying for what? He should stop embarrassing the MCA and reducing its credibility further by continuing to beg despite being rebuffed earlier. Again, this proved that the Malaysian Chinese Association has really completely lost its usefulness. If a small matter like Jonker Walk closure was beyond its power then, that 's it.

Jun 22, 2013

Anwar: 505 rally will go on - Nation | The Star Online

Anwar: 505 rally will go on - Nation | The Star Online

Black 505: Live updates - Nation | The Star Online

Black 505: Live updates - Nation | The Star Online

Feb 15, 2013

How To Repair Your Own Refrigerator And Save A Bundle





when I received a call the other day (night) from a Miss Lee complaining about her fridge not working (she noticed the temperature inside the fridge was warm comparable to room temperature), I asked her to check if the fridge's power switch was at on or off?

Nov 12, 2016

Trump Had Better Keep His Promises To The Voters





































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Trump Should Not Back Down Over His Pledge to Repeal Obamacare

What had actually transpired at the Oval Office meeting between the two bitter erstwhile enemies? On thing is certain - Obama would try to look after his interests which he realized now he failed to do that through his stooge because Hillary Clinton was vanquished by Donald Trump. Checked.

The meeting according to the media lasted ninety minutes. Which means my prediction that Obama would use his cooperation and that of Trump's to facilitate the smooth transition of power, to try his last ditch to save his beloved Obamacare which the American people wanted abolished, became true. Checked.

Trump should not entertain Obama's pleas to help save his Obamacare which the public hated so much, because Obama devilishly use Dhimmitude to exempt Muslims from the Obamacare legislation providing severe penalty for non-compliance. Trump should know Obama had already tried his best to save his pet Obamacare on his own when he stumped for Hillary Clinton by demonizing Trump as a useless human being who would be a threat to civil rights we fought so hard for. Checked.

He was not on the ballot he said, but .."our liberty, justice system, democracy and rule of law, are." "So vote wisely," he exhorted "vote Hillary. Don't, I repeat don't, vote Trump." Checked.

The man had his chance, had tried his best to make Hillary victorious, let him taste the bitter taste of failure after being so nasty to Trump. Let him go to comfort Hillary and cling together in despair to serve them right. Why should Trump be so concerned about Obama's misery, disappointment or happiness, anyway. Let him reap what he sowed. Checked.

Lest Trump becomes more trusting of Obama's flowery words - the very words that had propelled him to the White House in the first place - let me give him this piece of advice. Don't be naive, to be persuaded to offer to cooperate with Obama in order to make the transition of power smoother by caving in to his demands how innocuous they may appear. Obama is forced by law to vacate the White House whether he could extract any concession from incoming occupants of the White House or not. I won't put pas the Democrats to try and make life uncomfortable for Trump. I won't be surprised if Hillary Clinton was in cahoots with Obama to plot against Trump. I won't surprised if they are now laughing loudly in Clinton's new house she just bought; which means she still has the last laugh.I won't put pass the Clinton on anything Trump should watch out. I recently came to know more about President Clinton and First Lady Hillary's ways to fix people by using Federal Government Agencies such FBI and Justice Department. They would get the FBI to find fault or create one and the Justice Depart would then come in to file the indictment. Although these victims were no enemies of the Clinton they however have no value to them, that all it's needed. Although these victims were ultimately saved by the jury, they had to sell their house in order to have money to hire lawyers to fight to clear their names! Checked.

Trump should know he has no choice but to stick to his plans he promised voters during his campaigns. He should not waver on his decision to repeal Obamacare and decisively deal with the Muslims. He should send them back to their countries those who were illegal migrants, let alone allow more to flood America. Trump should remember - while it was generally believed God chose him to clean up Obama's mess - his victory was due to his promise to make America great again; to build walls, stop flow of Syrians allowed by Hillary and Obama; repeal Obamacare and rescind the unjust law which exempt the tiny American Muslim community from the arm of that law; and totally ban Muslim migration, and last but not least my magic. If he reneged, there would be consequences. He could be safe for first four years, of course, but that's it! During his reelection in eight years' time, we will remember his deed! Checked.

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