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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?

Sep 10, 2011

This is what I posted in my column on MSNBC Newsvine.com

Christian Soldier-3554481, with 14Reply,

You're not surprised, are you? Me, I have been dreading this day will come and it's here!

When I read President Obama himself made it his business to grapple with this mayhem, I am not surprised, too. He's partly to blame.It took a lot to come to this. This didn't happen by accident (i.e. as a result of the Israeli shooting dead of Egyptian soldiers); it happened because unseen hands are at play. They lurk behind the scene, causing chaos and destruction at no cost to them; if the demonstrators (their tools) get burned it doesn't matter to them or hurt their reputation (see, we are not involved); but if everything goes well, well,like the Tahrir Square revolution, they are the first to emerge (from nowhere) to claim the credit.

After Mubarak gone they own everything; the credit for killing the Christians, Israeli soldiers, breaching Israeli fences, borders in Sinai; for demonstrating over a Christian woman's alleged conversion to Islam but allegedly prevented from practicing Islam; for sabotaging the gas pipeline from Egypt to Israel; for forcing the Egyptian authorities to reopen the Rafa crossing between Israel and Egypt; for instigating the euphoric Egyptian demonstrators to constantly demand the abrogation of the Israeli-Egyptian Peace Treaty (which has always been their wish to make it happen but wants to avoid being blamed); for instigating the ignorant Egyptians to forever demand more or heavier punishment for those associated with former president Mubarak and last, not necessarily the last, the storming of the Israeli embassy.

I think you all know what I am talking about.Since the emergence of Barrack Hussein Obama as president of the only super power of the planet, the Muslim Brotherhood never had it so good. Their way to success to realize their dream of turning Egypt into a theocratic state with them as the supreme rulers was paved and made happened by none other than President Obama.

From day one, after shoving a former First Lady to fall by the wayside and claiming the highest office of the world, he made clear he wanted to help Muslims (to understand the West or non-Muslims better).

He led by example in praising the Islamic faith at every opportunity and proclaiming (to the West) Islam is a peaceful religion - there's no need to fear it.

And if anyone wants to discredit or harm Islam, he makes clear he will be in their way. During the Koran burning controversy, he or his right-hand men, made short work of the priest, Pastor Jones, who claimed to obey God's signs asking him to burn the Koran books. From Secretary of Defense to Chairman of the Joint Chief of Staff, not to mention Secretary of State Hillary Clinton, all went berserk against the poor pastor. Mr. Jones didn't expect such a frenzy from fellow Christians. Obama called together the best brains like he did when set about to wrest the Democratic presidential nomination from Hillary Clinton (who thought of herself as a shoo-in in the contest), including the MSNBC talk-show hosts, of course.

It was decided to use a journalist to dig up dirt in Germany to discredit Pastor Jones similar to what happened to Sarah Palin when a cooperative journalist Katie Couric allowed herself to be used to destroy a promising career of the former Governor of Alaska. It's not known if John McCain's presidential running mate had fully recovered from that scheme. But Father Jones was completely destroyed socially, religiously, politically and financially. First, he's conned into agreeing to not ever burn the Koran. Then began a systematic destruction of the man's character, everything; he first lost the mortgage to the land on which the Dove World church stood. They didn't stop until he was jailed!

This is what you get if you defy the president of the United States. Just imagine, for just threatening to burn the Koran, a man loses his freedom - everything. But I guess it's alright for a Muslim to burn, not just threaten to burn, a bible. No one will even bother with it, presumably. President Obama will ignores it completely. Even if he's forced to response, he can only say:..incomprehensible"like when he commented on the Fort Hoot massacre by Major Nidal Hassan, during the memorial service for the victims who, ironically, are all Hassan's own comrades).

This illustrated an interesting point: even in America, the world' strongest country, the Muslims are winning or on their way (just like in England, where the majority Christians can't even put up Christmas trees in public places for fear of offending the Muslims.

The population of Muslims in America is so tiny if anywhere else in the world, they will be completely ignored. But not in the land of political correctness. With a president who was elected due to political correctness, who preaches and practices political correctness.

When Senator Barrack Obama ran for president against what seemed insurmountable odds, at first, he quickly became the darling of Americans - whites, Hispanics, Asians - because he's black, first ever black, with a white mother thrown it, to emerge as capable of wresting the presidency from white candidates. Coupled with his shrewdness in hitting the right button, or shall we say employing the right people (white people); he got the endorsement of most, if not all, prominent Americans -- from Senator Edward Kennedy to Bill Richardson. He was unstoppable. But I would like to add a little qualification if you don't mind. There 's no doubt Obama was a rare talent indeed but, without the Guinness-Word-Record-winning efforts of the MSNBC talk-show hosts and numerous writers, columnists and university professors, to name a few, who gave their all to help, Obama would not be where he was for the last 3 years, or shall we say Obama would be lucky to be a second-term senator for Illinois.

It was amazing what a popular president can do; what the Muslims have become; what a 24/7 soundbite can achieve.

Back to mayhem in post-Mubarak Egypt. What happened in Egypt can happen anywhere in a Muslim country. Protesting or demonstrating can happen even over a insignificant matter; it's as if second nature to Muslims. And there are a lot of unseen hands looking out for opportunity to exploit them, stir up things.

It's ridiculous for the Egyptians to keep protesting against the Israeli killing of the 5 Egyptians soldiers, by accident. The trouble emanated from the Egyptian side, probably planned and executed for a purpose. These 'innocent' bystanders were roped in to cause chaos, to hem in the Jewish state which was probably the real intention. It was wise of the Jews to be forthcoming and not arrogant and apologized. It won't stop the agitation but at least it reduced the reason to agitate among the ordinary people.

It can be said the Jewish leadership showed a remarkable wisdom which should be emulated by other leaders the world over.

It's amazing; the Israelis are not only good at fighting wars, inventing state-of-the-art technology the world can't do without, it's also good at deciding what benefits them.

There's no doubt the way they 're going about doing things, one day they can realize their dream of living in peace and harmony with the Palestinians in particulars and the Arabs in the Middle East in general. There would come a time when both sides would realize a lot to gain from being friends nothing for being enemies. The Palestinians, don't underestimate them, are smart people too. They know Israel is here to stay; the sooner they accept that the better for all concerned.

Do you wish to know more?

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