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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 8, 2016
What Voting Hillary Clinton Means
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News > American Politics >Chuck Norris And Wife Thrust Their Necks Out
Chuck Norris And Wife Wanted America To Change Course, Do You?
If the American people are suckers or want to be, I say go ahead if you want to vote Hillary Clinton, after what you have heard about Hillary Clinton's Many wrong -doings. Checked.
Don't vote for Hillary Clinton 2016; if you do, it is akin to voting in Obama for another four years. All that Hillary Clinton has been saying is she's going to promote the welfare of Muslims at the expense of non-Muslims Whites. She's all for enlarging the Muslim community by bringing in up to seventy thousands Syrians annually. As you know there could be thousands of IS or Al-Qaedah infiltrators among them. Do you want that? This is not just an allegation; check Hillary's speeches. Checked>
Those who love America and wish to see America continue to be the land of peace and prosperity - free of wars and bombings and overrun by Muslims, like Chuck Norris and his wife, please emulate them. They are successful people and surely have enough to last them a lifetime, there's no need for them to thrust their necks out, but may have felt the good life that they enjoy now may not last..unless America changes its course. Hence, they took the risk they had no choice even if it offended Obama, they had to.. Please click the link below to hear what they said about voting for the wrong man or woman. Checked.
Remember Hillary Clinton's policy of being soft on Muslims hard on non-Muslims - oppresses the non-Muslims Whites promotes the Muslims' welfare is so similar to Angela Merkel's compassion for Muslim refugees, as if they learned from the same teacher. And who says they didn't? Checked.
Chuck Norris' Dire Warning For America 2012 Checked.
Hillary Clinton could possibly start a third world war by her belligerent and sabre-rattling. If she is elected she may be pressured to keep her election promise, among so many promises, to intervene in Syria - she probably means joins with the rebel army fighters to fight against government forces. While she meant join with the rebels, which means no invasion, but how do we guarantee we could mount a clandestine attack and escape to safety every time? There could time when the whole company were trapped by Assad's army who may threaten to kill all; how do we react then? Ask the men and women in uniform to surrender? Hillary should know that we cannot be always luucky in hit and run tactics. If she's belligerent as she had been posturing for months, and launch a rescue mission and fails, things could escalate into a war we don't want. As she's aware the Russians have been bombing the rebels for sometime now, it'll be reckless of her to put our men and women in uniform in harm's way. If two super powers go to war, it's third world war in the making. Checked.
You think you can trust Clinton's words when she says we build bridges not walls? When she says that she's not thinking of you all. Even if millions of Mexicans or other refugees flood this country and make your life harder by having to share dwindling resources, nothing will touch the Clinton's luxurious life - it will continue no matter what, no matter how many millions breached the border - they the Clintons couldn't care less, and Hillary knows that. They have billions which they could use to protect themselves! Checked.
You should not take Clinton's words like you once did Obama's words. Obama claimed his eight years was the most spectacular; but the truth is his eight years have been painful for the churches and Christianity in general as he was relentless in trying to destroying the Christian faith and remove all traces of Christian facades and monument in the country, besides ballooning our national debt, and exempt the Muslims from the tentacles of his new laws, namely Obamacare law as an instance. Obama regrets he didn't have enough time to uproot Christianity totally. He wished he had more time; another four years and he was done.Then, it's inevitable, he thought of his former secretary of state who served with distinction for four years. And he didn't see why she shouldn't be his another four years! Didn't you all observe the First Lady and the President went all out to get Hillary Clinton to win on Tuesday. Yes, they did, and you know why. Checked.
Hillary Clinton speaks well during her campaign rounds or rallies, and some of you could not fathom her words. They were no where near what she wants to convey (or fool); they are just sweetening her appeal. She doesn't mean them. Like once when she claimed she arrived in the former Yugoslavia under sniper fire - it was a lie which she was forced to own up later. Which means this woman can lie again and anytime. Got it? Checked.
It's not too late - to prevent a thousand years of darkness (Chuck Norris and his wife said): Don't vote Hillary. Both candidates still fight to clinch the 270 electoral votes. I think you know what to do. Checked.
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