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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 21, 2012

Everything in this world can kill if...

The following is what I posted in a discussion on MSNBC Newsvine today on the news about a New Zealand woman who died suddenly and the doctors blamed her addiction to Coca Cola drink, which she was reported to have habitually consumed up to almost three gallons per day.

SyriaInTurmoil
Doctors have the right to come up with their own theories of what might have caused the woman's death or other deaths and most of the times they prove to be right. But sometimes, this time, they may be wrong.


Drinking or eating anything too much will make you uncomfortable - sometimes so comfortable that you need to be fixed by a doctor through flushing or removal of sort - but it rarely kills you.

For instance you overdose yourself with viagra and end up with what seems like a permanent erection; it makes you a well-hung stud, at first, but after your biological urge has been satisfied by a few sexual intercourses and orgasms, you begin to wish you had your erectile dysfunction back.

I have read about some men who ended up in agony with what they no longer needed, nor did their partners after a marathon of fornication. Their penises refused to shrink to a placid state.

But it won't kill them; never.

The same goes for drinking water - whether alcoholic, coca cola, coffee or tea, or whatever - as what goes in always comes out.

Most of our body is made up of water, 75%, and it loses a lot daily through perpiration, evaporation, other drying up and, of course, urination. Our bodies do not - should not - retain water or liquids that we consume.

One of the major health complications happens to be called - water retention. But again this does mean it will kill the sufferer if he seeks help.

Even smoking excessively, up to as alleged 30 cigarettes per day, will not kill a man. There has to be other factors, too. Some men chain smoke the whole day until the age of 80s and counting.

But they are right about one thing: everything in this world can kill you. Your friends - when you get into altercation with them; even your relatives, loved ones or siblings can kill you or themselves - when fghting over properties; alcohol; for merriment, happiness, relaxation, confidence, it has no equal; but it can kill if you drink yourself to death, more than your heart can handle, or die in a drink driving; or fall into a drain and hit your head against a hard object, or are drown.

Electricity, so wonderful as it's, can also kill; your own gun can kill you in an accident but merely using a gun cannot kill you. To kill or be killed something has to happen. You drink too much and try to pick a fight with someone, and end up fighting.

Therefore, to cite coca cola as the culprit for killing the woman is wrong. They (doctors) didn't know what happened or what caused her death; so they speculated.

Have a nice day.

!#523 - Fri Apr 20, 2012 11:49 PM EDT

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