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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?

Jun 29, 2011

What's Best In Life? Deterrent!

In life the best policy is to deter. You should act tough, mean and dangerous. That's all you need to lead a happy and trouble-free life. Show people you're a force to be reckoned with; it doesn't pay to mess with you.

How, you may ask? Well, if you're big (not fat) it certainly helps to certain extent. Being small (not too small, of course) can still deter; but to be very deterring one needs to take up martial arts (Thai boxing, would be ideal, the best). Those with MuayThai skill would be very confident and fearless. They seldom have to fight; they just deter.

Due to deterrent the state of Israel had managed to avoid major wars with the Palestinians and Hezbollah since 2006 when Hezbollah rained down thousands of Iranian-supplied rockets on Northern Israel, and the Cast-Iron invasion of Gaza. While the Jewish state didn't completely subdue the Palestinians and Hezbollah in the last engagements, it would be unlikely Hezbollah would relish another war with Israel any time soon. Moreover this time, Israel would be ready to counter in case Hezbollah thought they could repeat the same performance as in 2006 fight. Israel had found an answer through its own designed and built the Steel Dome anti-rocket shields. For the Palestinians, they are afraid a new Israeli prime minister may decide to reoccupy Gaza. If that happens, it will spell the end of Hamas. That they want to avoid at all cost.

It's undeniable that the deterrent of the IDF is second to none in the world, and it had given Israel respite to develop its economy and country

I once knew a boy, yes, just a boy of 19 or something. He was of medium build, a regular boy I saw every day. He was one of three sons of my friends.

When he started dating and going to places of entertainment he sometimes got into altercations with people; especially people who had consumed a lot of alcohol. And they might have come to blows. I didn't know for sure exactly what had happened and where, but Norm (not his real name) suddenly became famous..for being MuayThai fighter. His reputation spread like wild fire and, unfortunately, before he knew it they were skilled fighters who wanted to check out his skill.

I feared for his safety, as as far as I knew he was not truly a trained Thai boxing exponent although all Thai youths know MuayThai. However, I had worried unnecessarily; the boy lived up to his reputation. He stamped his mark in Georgetown as the king of all fighters. He was in no time hired by one of the biggest accident car-towing companies in Georgetown. Accident car towing operators were (and still are) like vultures swooping down on car wrecks. More often than not, fights broke out between rival gangs. Among these operators one Sin Teow Leong emerged as quite a deterring fellow. Whenever other towing service pick-up drivers spotted Sin Teow Leong's trucks speeding towards accident scene, they gave it a miss. They didn't want any trouble. That's the benefit of deterrent. I happened to know this Sin Teow Leong personally. I had gone to his workshop a couple of time; he looked like a man in his fifties, a bit pot-bellied, but not menacing. Perhaps he had a reputation as a dangerous man.

Ironically it was the same man that hired the Thai boy to be his bodyguard. He must have been impressed with Norm's reputation as the fearless fighter of Penang.

Col. Qaddafi of Libya made the biggest mistake of his life when he allowed himself to become not dangerous or less dangerous. When you become weak and show it, you attract trouble like a magnet. Trouble follows you every where.

The Col. agreed with President Bush to scrap his weapons of mass destruction program, stop exporting terrorism and violence and turn over a new leaf, and see what he had got. Even a so-called spineless president of the United States viewed him as not dangerous. President Obama himself said as much, when he defended intervening in Libya: "We can't go around intervening in every country even if there are humanitarian crisis, but in Libya it's 'doable' (less dangerous!).There would be no need for boots on the ground. You see it pays to attack Qaddafi, suicide to attack Iran or Syria."

Even the Ivory Coast strongman Laurent Gbagbo was too strong for Obama, British prime minister David Cameron and president Nicolas Sarkozy of France, and UN secretary general Ban Ki-moon. The combined might of these three western countries, including the UN, were no match for Laurent Gbagbo. He even established his own no-fly zone and told the French air force to beat it, which they did.

Laurent Gbagbo failed to get reelected, but refused to make way for the internationally-recognized winner of the presidential election. The winner was forced to hole up in a hotel and comforted by the sympathetic Ban Ki-moon while his fighters battled Laurent Gbagbo's army for control of the country. There were reports of massacres by both sides of thousands of innocent civilians, but there was no talk of intervention or to establish a no-fly zone, or other measures to oust Gbagbo. President Obama even had the audacity to say: "We hope to settle this conflict in a peaceful way. Negotiation is the preferred way forward." There was no mention of the stain in the conscience of the world brought about by the killings in Ivory Coast. The situation was much worse than in Libya, yet no action. If this was not double standard, I don't know what's.

There was not doubt, the British, French and the American governments have their own individual reasons for going after Qaddafi's hide. For one, I heard Qaddafi had intended to sell his oil to the Chinese instead of the Europeans, and also threatened to switch from using French banks. President Sarkozy knew if French banks went under, so would he as president. There was no reports of Qaddafi turning against America. It's possible if the carried out his threat to dump French banks he would park his money in American banks. President Obama was aware of at least one Qaddafi's deposit of $300m in American bank, which he rushed to embargo in order to reduce Qaddafi's ability to fight back. He was not only a spineless president but clueless, flat-footed and hen-pecked president. He himself said clearly Qaddafi had no quarrel with the United States, and vice versa, and yet he went on to attack Libya (for no reason whatsoever). Secretary of state Hillary Clinton tried to defend her boss' weird action by mentioning .."Even though Libya was not a threat to the US, we have to repay our NATO friends for agreeing to help us in Afghanistan even though Afghanistan posed no threat to them."He claimed Qaddafi threatened to search house to house, room to room to go after those who tried to overthrow him. And what's wrong with that? Qaddafi said those who surrendered their arms or were not armed had nothing to fear; free to leave or stay. He even allowed a corridor for the rebels to escape to Egypt. And yet President Obama had the audacity tell the world that if nothing was done to stop Qaddafi, up to seventy thousands people would be massacred. Yes, that's right - in his mind. He knew even after fighting for a month to regain lost territories, there was no reports of deliberate killing of civilians. If any, it was due to his Cairo speech where he instigated the youths to overthrow their governments. He was plainly lying to the world, pulling wool over everyone's eyes, and the world kept quiet and Obama took it as approval. Now, instead, the world's conscience had been stained by the western powers' victimization against an innocent man. He was presumed guilty and punished before he was put on trial. He may be guilty of ordering the downing of Pan-Am plane over Lockerbie, but that's according to his former foreign minister who defected, what did you expect from traitor - to save his own skin. He reportedly left without his family, but there was no report Qaddafi went after his family. This man (Col. Qaddafi)was more honorable than his own foreign minister and the four western leaders combined.

These leaders are also losers, and always will be. If they think by attacking a helplessly small country who's no match for even one of them, let alone ten western countries combined, they can leave their legacies for future generations to admire, they are wrong.

Even today, people are questioning President Obama's rationale in going into Libya. If he wanted to save civilians like he claimed, how about saving some Syrians who are facing a much more brutal dictator? By right Barrack Hussein Obama should never be allowed to run for president of the United States; he failed to prove he was eligible but was waved through by a biased judge. He took two years before showing his long form birth certificate (not before he ready, apparently). He's also shrewd in getting the endorsement of prominent leaders like Senator Edward Kennedy, in order to elevate his standing, if he had any, to that of Senator Hillary Clinton, and eventually snatched the Democratic Party's nomination from her.

Through a brilliant maneuvering he managed to rise from a first term senator to defeat the former first lady, who was thought to be a shoo-in from the beginning.

Senator John McCain was next. Even a former Hanoi prisoner of war, a hero in his own right, could not overcome a community organizer first term senator: thanks to the round the clock sound-bite from an army of obedient MSNBC talk show hosts; columnists, analysts, investigative reporters and college professors who gave their all for Senator Barrack Hussein Obama.

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