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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 11, 2016
The Drl Blog: Hillary, Nothing Personal
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News > American Politics >Hillary Clinton, It Was All Your Faults
The Drl Blog: Hillary, Nothing Personal
My herion. That's right. She was my herion; past tense. Checked.
When she competed against Obama in 2008, I predicted she would prevail easily over Obama who was nothing when crasted with her social and political standin. Even his citizenship was doubtful, and so was his college education although it's well-known that he could enter college even with mediocre results due to afirmative action. Despite being an almost shoo-in candidate, the one- term Illinois senator beat her to be crowned the Democrat nominee. Hillary Clinton didn't flunk her Domocratic Party nomination becaue she was less qualified than Obama but largely because of Obama's aggressive campaigning and his appeal as the first black president; hence her reputation remains intact. Checked.
But after she accepted to bury the hatchet with Obama, and became his secretary of state, it got me thinking. Why the hell she joined Obama team which she knew they were dedicated to shrinking and if possible elimanating all vestiges of Christianity from American society. By chrewdly using Whites to fool their own kind, Obama proved to be a master of his own destiny, and deserved to be master of white Americans, too, as almost all Whites, including senior white politicians from the Democratic Party, such as Harry Reid and Hillary Clinton, for instance, who were misled like they were children or sheep led to slaughter-house. They themselves - to be fair - may not know they have been had by Obama! Oh, God bless! Checked.
But then again, maybe they knowingly allowed themselves to be tools of Obama in exchange for what is known as quid pro quo. Checked. Or, maybe, and I am inclined to believe this was the case - Obama deliberately used black magic to put them all under his spell and to do as they were told! Checked.
It's possible Obama may not be aware he had physically cast spell on his white subordinates or the entire Democratic Party leaders - who morphed from being proud Democrats to dump followers of Obama. Checked.
I mentioned Obama himself may not have done those magical things knowingly but still he's very much aware of his powers to influence or compel his victims, and he might have zapped this magic from his grandfather in Africa - or simply through the blood of his ancestors which now coursing through his veins, just like my great-medicine-man grandfather's blood coursing through my veins! Checked.
Since it's not Obama's fault that he inherited this magical power, you say, I should stop lampooning him for his policies in running America? No, definitely not. Obama's way was wrong - in trying to suppress other people's faith, for instance, and we show zero tolerance for his evil deeds. Obama may have been babtized by his white grandfather as a Christian, but I don't buy it that he's a Christian, or a Catholic. He didn't and still doesn't sound like a practicing Christian or behave like one - not at all. Never in a thousand years (Like what super star Chuck Norris and his wife predicted voting Obama in 2012 would usher in a darkness to last one thousand years), would I believe Obama is a Christian. The reason is easy to find: If he's a Christian like he allowed himself to be viewed as, not claimed to be, or if he just wanted to follow his grandfather's plans for him to aim for high office, he shouldn't be obsessed with helping the Muslims as if his life depended on it. He shouldn't be trying to snuff out his grand parents' religion, Christianity, and replace it with his ancestors' religion - the religion he vowed to make great and glorious again before he's done, he often time said. Checked.
Although I was Hillary Clinton's fan during 2008, I have decided to desert her after it dawned on me she was not the kind of person I thought she was. Checked.
And when I saw her copy Obama's tactics to destroy Donald Trump's reputation with a view to shrinking his support base among women, I came to accept she would do anything to win just like Obama, including using dirty tactics if necessary. I gave up on her. Checked.
What a waste! If she displayed a more wholesome character, I could who knows, have used my magical power to make her vicotrious. Checked.
I am so sorry, Hillar Clinton, but it's all your fault; but remember this: nothing personal! Checked.
I almost forgot. In Pastor Jones' case, Obama made a minced meat of him. All the pastor did was asking Imam Feisal Abdul Rauf to desist from building a mosque next to the hallowed ground. But the imam who was insensitive to dead and living American majority was untouched. The imam in particular and American Muslims in general would of course be much obliged, if not emboldened. Obama put the matter to rest by saying he didn't agree with the wisdom of it but stressed the American Muslims are Americans who have as much rights as other Americans to build their mosques wherever they please! Checked.
Did Obama believe in the wisdom of his rejecting of the demand of 'other American citizens who protested against the imam's plan?" Again, he was supported by white Americans in cahoots with him. These include the councillors who vet and approve all building plans in New York. Without any qualm, as long as Obama wants it. Checked.
Obama hides behind his (flowery) words. Words combined with his way with making use of people amply made up for his lack of other qualifications. Checked.
In short Obama was like Conan The Barbarian; a simmerian who became king by his own hands. But that's where the similarity ended; Obama's a Muslim in Christian clothings who became the most powerful man of the planet through his own hands. Checked.
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