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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?

Apr 7, 2012

Afghanistan is hell




This is my article which was published live on MSNBC Newsvine recently on the futility of prolonging the war in Afghanistan.

President Obama is absolutely right. End of story.

But it seems someone or some people want to prolong the story.

There's no reason for NATO or coalition forces to lie or hush up things if they had found more than one soldier was involved unless they believed that by lying only one Sgt. Robert Bales carried out the massacre the fallout would be less damaging to the coalition's standing in the eyes of Afghan government or people.

So far this was not the case.

At the same time the Afghan side seemed to reject NATO's investigation or explanation out right and in a way tried to inject additional information that's not there earlier, into the massacre.

Perhaps as opposed to the conclusion by American investigators which they (the Afghans) suspected was put forward to lessen the anger against American servicemen, the Afghan side came out with a story that was intended to stoke fury against foreign forces.

It's plain as day, someone or people didn't want us to have it easy in there; they wanted us to leave, the sooner the better. They can't stand the sight of our men and women any more, and if they can't make us leave they would kill us one by one.

They are in fact bidding their time. And can't wait to see the American G.I.s and NATO leave.

They don't want us or anything from us. Whatever training or aid we gave them they accepted, yes. Why not? But to be grateful and repay our good deeds with good deeds such as friendliness, etc., never.

Although it used to be that they didn't care whether the Americans stay or leave; now they wished we would leave as soon as possible.

Just look at their president, Hamid Karzai. Everytime he opens his mouth, is to chide the American side, trying his best to show how ungrateful he is.

When some French soldiers were killed recently and French president blurted out he wanted to withdraw France's contribution earlier, President Karzai pretended to sympathise with President Sarkozy and called for the withdrawl of foreign forces from Afghanistan earlier than the set date of end of 2014. And he never condemned the Afghan perpetrators who killed NATO soldiers; but if the Americans coalition soldiers ever hurt an Afghan fly, even a fly, he will be in forefront protesting. And he will demand the American soldiers should not operate at certain villages, or be restricted to certain areas.

It's hard to believe why Obama wants to prolong the war which is not winnable. Why do something we don't need to. What's stopping the US government from withdrawing the troops from Afghanistan; or at least turn over the duty of security enforcement to the Afghans? Because we set the date of 2014 and had to abide by it? If that's the case, it's the biggest blunder the American administration can make. We worry the Afghans will not be ready to take care of their own security? The Afghans are as ready now, have been for years, as they will be when the 2014 comes. Actually we worry too much. Tell me if I am wrong, I have never noticed any worry shown by the Afghan side at all.

It's obvious they are neither excited about us being in their country or us chasing baddies in their villages or nor sad when we leave, for that matter.

Of course it'll be irresponsible for President Obama to abandon Afghanistan if it's sure to lead it to a disaster, the same thing like to hand over an asylum seeker back to his original country if he's likely to be tortured or killed. But if President Hamid Karzai's actions or statements are any indications, he's not in danger of being toppled soon after we leave. I think he has already made some arrangement to ensure he continues to lead Afghanistan for a foreseeable future.

I think he has put his eggs in more than one basket.

If I were him, I would have appointed my own loyal people to all important posts in the government. Like what Prime minister Nouri al-Maliki of Iraq had done (to ensure his survival).

President Obama will not be failing in his duty even if he withdraws American forces at the end of this year. Don't worry he'll not leave Afghan army or police in bad shape or good shape if he ends the involvement now or end of 2014. It made no difference.

Remember, the condition on the ground is changing everyday. Three years ago, we seldom heard of Afghan soldiers meaning us harm; now killing of American officers or soldiers by their Afghan comrades is normal. Now the Americans have become targets of both the Taliban and Afghan army. How are they going to operate in the environment where they have to risk their lives against not only their enemies but against their (Afghan) comrades? In short, Afghanistan is like hell or at any rate like my own mental picture of hell, for our troops. Most of the things one imagines in hell are there - hatred, betrayal, explosion, confusion, hopelessnes, anger, grief, pain, torture, death, greed, and treachery.

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