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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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Nov 13, 2016
Israel Has No Choice But to Deter
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News > American Politics >Israel Should Never Forget They Are Alone In This World
By:David Lang
October 21, 2012 Updated Today: Sunday, November 13, 2016
Obama Was And Is Not Or Will Ever Be Israel's Friend. Got it?
« « « angle quotation mark (left) ...
Previously Published In My MSNBC Newsvine column; Updated Today November 13,2016
David Rubin Macrermott May 1, 2013 9:46 pm Your comment is awaiting moderation. If Israel went as far as even giving a hint that Israel may, I stress may, be willing to compromise in order to try live up to the international expectation, or maybe demand by the United States at sometime later, the Jewish state would invariably unknowingly cause the avalanche of public opinion, strongly led by the European opinion, that will lead to loss of friends and supporters for which Israel needs to leverage on to prevent the fate that befell Col.Qaddafi’s Libya, Mubarak’s Egypt and currently Bashar Al-Assad’s Syria. Checked.Once you show sign of capitulation, your enemies will be doubly stronger (whether misguidedly or not, it matters not); they become more daring and emboldened, and start to relish your looming downfall or demise. Checked.
People like the Arab league would love to do the Jewish state in if they could. But because they found Israelis stronger and deadly they recoiled and become discouraged and put their plans on the back burner for a while until they got the US and Europe solid on their side and the West miscalculated. Checked.
Israel would do well to know the Arab spring was not intended for the Arabs and Arab countries alone. Fortunately the Israeli Defense Forces’ (IDF) deterrent was too much for them or President Obama would not have shed so much tears if the Jews were sucked into a chaotic war with resurrected Muslim Brotherhood and other Islamist. In fact he could nicely burnish his legacy for future generations … of Muslims to admire… for being their unrivaled hero; for his service in effectively delivering the God’s favorite children (or not) on a platter to the revengeful Arabs. Checked.
Don’t be so quick to dismiss my prediction just yet. President Obama meant harm to the Jewish state when he proclaimed that Israel has no choice but to reverse to Israel that existed from 1948 to 1967. He was quick to add though that there should negotiation and or land swap, but the principle of Israel before the 1967 war was not negotiable he said. Then when Jewish leaders reacted angrily, Obama cleverly hid behind the statement: “Actually what I said was nothing new; it had been the position of the United States for years.” Then he backtracked a little, and acted as if he genuinely made a mistake. May be he did. But who cares. The Palestinians didn’t. They seized upon it as if a new dawn had breathed life into their despair. I am not saying Obama was evil that day when the faux pas occurred but this man just fumbled and stumbled like he did during most of his first term in office. Checked.
Honestly he was clueless with everything. He never thought things through before executing them. He’s harmful to the Jew people enough by just being clueless and fumbling. He only came to his sense only after it was too late. Take the Iran issue as an example; his sustained opposition to Israelis attack on the Islamic Republic’s nuclear installations until finally diminished the effectiveness of such attacks. Now Obama doesn’t have to oppose the airstrike; it will automatically be opposed by the Israelis themselves as they had become pointless. Prime minister Benjamin Netayahu was wise in not listening to Obama but reserved the right to make his own decision That probably saved Israel from the slippery road to untold insecurity, if not eventual demise or shackled by the US. The plan by the Arab league could cause a lot of trouble for Israel eventually, especially if the plan of the so-called land for peace was endorsed by John Kerry, the new US secretary of state. Checked.
John Kerry is a well respected leader; his words usually carry a lot weight. Obama was shrewd in enlisting Kerry to burnish his plans. Do you know why Obama shies away from employing black people, which he should as he’s black himself. But that would not enhance the effectiveness of his administration. He managed to ride roughshod over pretty much, if not the whole, of American society by using whites to pit against whites and whites are very effective and loyal to whoever provide the largess. And that’s how he became president of the world only super power … by being adept to using his resources – white people. Checked.
I don’t know if Obama was going to carry out his plan, like his plan of getting rid of Mubarak, which he thought was good for the world but how it turned later after he was done (with Mubarak) he was powerless to rectify. Now the present president that replaced Mubarak, Mursi, who vowed to change Egypt for the better could not stop himself from being greedy for more powers. Any Egyptians who stand in his way will be dealt with his way – by removing them from office! While this was going on, and the Egyptian people are suffering, President Obama surprisingly stayed silent. This should give Israeli leader something to ponder on. Stay away from Obama’s scheme or promise of help or you will be sorry. Checked.
Demonstrate to the Palestinians you would never compromise with the Jewish people’s welfare and security. Good example of what should be the correct way of actions and defense was how firmly the IDF dealt with the Arab spring-like demonstration from the direction of Syria when they tried to storm the fence not long ago. Normally in that type of scenarios the Europeans would pretend to try to be a mediator and asked Israel to sit down for talks … to get the Palestinians to stop agitating! Had Israel foolishly agreed, by now the Israelis could be embroiled in an endless fight with Islamists from all over the world like the Syrians are right now. If one inch was given then, then God may have to save his children. I can already imagine what happens. The whole world’s resources would be deployed to help the Palestinians bring down the Israeli government and then either send the Jews to the sea (which was their stated goal during the famous six-days war), or ...call for talks (don't they always?). Checked.
Every body would then head to Geneva, where else for this type of things, and sit down around a table arranged by the U.S. and E.U.whilst pretending to yearn for world peace between Israel and the Palestinians. At first glance, I agree they seemingly want to help the Jews and the Muslims to have peace. But glance again, and trace the actions of these two mediators all the way back, and you would realize on which side they are. The Palestinians', of course. Checked.
There are two reasons to explain their behaviors. The Europeans are what they call Dhimmas (living in fear of Muslims or Islam itself) or Dhimmitude in their own countries. Another good analogy is to compare the Europeans to victims of gangsters who give money in exchange for protection. Checked.
Obama's exemption of Muslims from Obamacare legislation is also analogous to Dhimmitude. Why these European leaders were and are so afraid of Muslim violence nobody knows. Maybe is akin to the Chinese who enjoy life so much in China that they if possible they want to live a long life. Similarly the Europeans want to avoid drunk driving as it may lead to accidents with concomitant death as much as they want to avoid getting into the bad books of the Muslims. Checked.
This is the reality that the Israeli government and people should never forget. They are ...alone! People may point out, though, all US presidents - past and present - pledge to protect the Jewish state. Of course. But, hypothetically, let's see what will happen if, say, Israel which is on the verge of defeat by the combined Arab army, turns to President Obama for help. Obama comes to Israel's aid ... in time. I mentioned in; actually I should have said almost too late. President Obama did come to Israeli's aid but not at once. He pretends to shout stern warning to the Arab league "The United States will protect its Israeli security. Thank God. But when the aid does arrive, Israeli position is so unsustainable that they have no choice but to agree to whatever Obama decided for them. And then comes the costs. The Jewish people pledge to follow every instruction dished out by their savior. And, of course, Obama wants to humiliates them by asking them to make concessions to the Palestinians - including agreeing to reverse Israel border to that of before 1967 war! See what I mean. My advice to Jews is: deter and be smart. See to it only good and loyal young men are drafted into the army and air force… to keep the IDF what it has always been, and must be, the protector of the Jewish people – by keeping its deterrent intact. Period. Checked.
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