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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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!>The DRL Blog > News>Malaysia>opinion
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
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.
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Oct 23, 2016
History Of 2008 Being Repeated
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News > American Politics >November General Election
It finally happened. Donald Trump threatened to sue all his female accusers! Now that's going overboard a bit, isn't it, Trump. How about some forgiving, sic, a little for the naive accusers? How about being a little charitable toward those poor ladies who might have fell for what is known as quid pro quo. The ladies meant you no harm; they just craved some attention besides other things nothing personal(nothing wrong with that, is there?)
As for Billy Bush, I believe he's really not Billy Bush but...Keith Olbermann (who used his 24/7 soundbite to to destroy Jon McCain running mate on behalf of presidential candidate Barack Hussein Obama). Hillary Clinton herself became a victim of this effective talk show host.
However, done with licking her wounds at the hands of this very effective Obama weapon, she had grown up and seen things that can be reused to her advantage. Hence she decided to hire this "Olbermann" to do what he does best..to her current opponent! And his (Billy Bush) first salvo of leaking an old video of Donald Trump bad-mouthing women during an interview was a good start. Actually the footage of the video was nothing - just a general sexist statement against women which actually to most women was no big deal - but the way he presented the video that impressed her.
And the worst part was the news of the leaked video was picked up by ...an unflinching Donald Trump hater media.
For about two weeks Billy Bush went to work on surprisingly not on Trump's running mate which was the case in 2008 - but on Trump himself. Many "victimized" women were led out like sheep to be slaughtered, to repeat what they had memorized earlier.
'Donald Trump touched me appropriately but I didn't report then! I don't know why!'
Another: 'He came into the dressing room of the Miss Arizona full of contestants and caught us naked. He should have knocked!' When asked why she never told anyone until now, 'Well, I don't know; maybe nobody asked!"
Yet another claimed Donald Trump kissed them in the mouths or groped them inappropriately.
Billy Bush..er, sic, "Keith Olbermann": In my interview of Donald Trump (and I am afraid I have done more interviews of him than I can remember); Trump was then looking at a ten-year old girl and said, 'In ten years' time I would be able to date that girl!' And what's wrong with that? Nothing except Billy Bush tried to portray Donald Trump as thinking of having sex with a child; but Donald Trump actually meant in ten years' time; in ten years the girl would be minor no more. If the girl concerned has grown up to be an adult of twenty, what is the problem if she decide to be Donald Trump's girlfriend -- or even wants be a hooker? Checked.
What about Hillary Clinton's husband forcing the White House intern to give him oral sex while he talked on the phone - and Hillary Clinton seemed to not mind at all?
(Keith Olbermann) Officially Departs NBC. What!? Oh..er 'Billy Bush Officially Departs NBC' was the actual Headline. Checked.
So why Billy Bush was fired? Because they don't like his face, or his chronic nail-biting habit which is disgusting? Or because he violated his agreement with the network not to work for other party except NBC. Or was it a tactical step to pull wool over people eye, that they are neutral in this presidential contest. May be so but don't forget all talk shows run by MSNBC were all for Obama in 2008 - would do anything to get Obama elected. Had they (Obama and NBC) had a fall-out? No! Checked. So, the firing of Billy Bush was just a drama. The network agreed to negotiate his dismissal, meaning he (Billy) didn't commit a crime like rape a 15-year-old minor. Still, that means he had committed some offense otherwise why he's fired. Or other reasons? You figure it out. Why Billy Bush accused Trump of speech impropriety against women, NBC believed Billy Bush acted unjustly against Donald Trump by allowing himself to be used to defame the Republican candidate, and hid behind the Fifth Amendment. The NBC saw him as a pawn to destroy Trump's presidential bid, and acted within its right as an honorable news organization. Excuse me? Did NBC really did that? I mean acting against Billy Bush for sabotaging Donald Trump's campaign? No! What's more likely to have happened was Billy Bush rebelled; he might have disagreed with the project to influence the fight to turn in favor of Hillary Clinton, and fired Billy Bush but paid millions to shut his mouth! Checked. If I were Donald Trump or Pence his running mate, I would dig up what's going between NBC and Billy Bush. Checked. All it will take for Donald Trump campaign to push aside Hillary Clinton's bid is reveal NBC was actively involved in rigging the November general election. So what are you waiting for, Trump? Get cracking! Checked. Quote: Linda Bloodworth-Thomason, a self-described liberal and close friend of the Clinton’s punctuated the belief by saying that she would prefer a lunch date with right-leaning Fox News host Sean Hannity over MSNBC host Keith Olbermann. According to the report, one aspect of the coverage that bothered Ms. Bloodworth-Thomason and others was the way MSNBC — and other media — has attacked Republican vice presidential candidate Sarah Palin and demeaned her supporters. Don't underestimate Keith Olbermann's working on you. Just listen to his eloquent rant. He fired away at his targets (victims) like a machine gun firing in all cylinders. I pity those who became unfortunate enough to be his targets. I recall Sarah Palin and Hillay Clinton among those who got into his firing line! There's no doubt he contributed the most to the Obama election in 2008. He's a talk show host was like no other. His name Olbermann was once the the fourth most searched name om the internet. Billy Bush and his decision to leaked a mildly disgusting video of Trump boasting what he dared to do with women while damaging in conservative ears, including those claims by his women accusers, was, yes, very mild compared with what Keith Olbermann had inflicted on Sarah Palin and Hillary Clinton (herself). But that doesn't mean what Billy Bush did was not suspicious. It rang true like what John McCain's strategist summed up about his boss chances: "A cake is almost baked for my boss' defeat..and the media provided the flour, the frosting and the candles." And history is clearly repeating itself here. Then Obama was immensely helped by the talk show hosts led by Keith Olbermann. To believe what I say is to see Keith Olbermann is action. And while Billy Bush cannot hold a candle to Keith Olberman, the damage inflicted by Billy Bush's melodrama which ignited a an avalanche of accusations by women who claimed Trump kissed them in the mouths or touched them in their private parts cannot be underestimated. Whether true or not, these women dared to step forward to hurl their accusations. It's up to Trump to defend himself and his presidential bid by coming out with his latest statement denying and vowing to sue his accusers. But many of his supporters wondered what took him so long? By right, he should come out with this statement right after Billy Bush leaked the 2005 video. It would probably stop John McCain and Paul Ryan and other not-so-enthusiastic-about-his running for president, to disown him. What's more, the Clinton campaign also looked like capable to pressure to get Julian Assonance's internet connection cut. Which got rid of his pesky allegations against Clinton. Donald Trump smart as he's, he seemed to be giving Hillary Clinton a pass on her wrong-doing as alleged by Wikileaks. He should be concentrating his campaign on this like a vengeance if I were him, like Hillary Clinton is concentrating on allegations of his inappropriate behaviors or remarks against women to destroy his credibility; and it seems it's working!
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