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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 29, 2016
Hillary Clinton Not Strong Enough To Be Good President
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News > Turned Europe Upside Down >Hillary Clinton If Elected Would Turn America Upside Down
Voting For Hillary Clinton Like Voting For Obama Again
Margaret Thatcher who remained the only woman who never bowed to any man or woman, was lucky her reign was not now or a few years ago.
She escaped being brought down or forced to adopt a doctrine of one man; otherwise her name wouldn't be remembered as one of the greatest prime ministers of Great Britain, an iron lady of her government. But viewed as an ordinary, yes, just an ordinary woman prime minister, which is not bad considering that she was a woman. Hypothetically speaking a lot of British people would suffer as most if not all her policies would be dictated by a man. A man who is parading himself as a Christian while in actual fact is a Muslim. This fact is confirmed by the man himself. But the Western media refused to play up, but try to cover up, instead.
Margaret Thatcher was lucky in that she didn't have to witness the destruction of her own religion by her own party, the Conservative Party. She was saved by God from having to carry out or witness the destruction of her beloved British way of life. The life that was once full of gaiety and happiness when the time to celebrate Christmas and be merry came.
The former iron lady was lucky to have been shielded from having to feel indignant that her ancestors'way of life had been changed and taken over by non-British and many British leaders of even her own Conservative Party had helplessly or otherwise acquiesced!
The former British prime minister was lucky she didn't live to witness the destruction of the prosperous, progressive and peaceful Libya by none other than her own Conservative prime minister in cahoots with two other foreign powers, who had vested interest in causing its leader Muammar Qaddafi to be publicly forced to fight in a war he's sure to lose. Just imagine a great leader of a country who was previously welcomed with open arms in all European capitals, to the extent he was spoiled by Western leaders to even be allowed to set up his signature Arab tents while visiting their countries.
The only crime the Libyan leader committed was he wanted to withdraw his money from French banks as he suspected a French Jewish poet Bernard-Henri Levy was collaborating with French government to aid and grow the jihadist forces in Eastern Libya to fight against his government. The reaction by French banks was panic and panic, and they warned President Sarkozy if French banks went under his government would also go under!
Even the British prime minister did hold some grudges against Qaddafi for his intelligence's officers' role in Pan Am bombing.
Among all three cahoots, the one with least reason to get rid of Qaddafi was Obama. The leader of the pack. Of course, he was motivated by his desire to help or save the jihadists or Muslim Brotherhood.
But the man at the center of the budding of the conflict was the French playboy philosopher, who French people credited with being the man who toppled Qaddafi.
He went into Eastern Libya - the wrong place to be for someone like him with clearly Jewish sounding name - to foment rebellion. And foment he did. By telling them the jihadists he could get aid for their cause from French president, he was allowed to come and go but with little affection.
Professor Bernard Levy may be an intellectual but he's far from smart. He claimed he's a Jewish but he helped Israel's enemies who wanted to destroy the Jewish state if they could.
The real reason, however, the playboy professor feared death; earlier death. So he, like other intellectuals in Europe namely Scotland and England, want to get into the good books of the terrorist Muslims in the hope they will be spared the much publicized beheading and other brutal acts directed against their enemies - both Muslims or non-Muslims.
But alas, their good deeds mean nothing to the terrorists, in fact quite futile. Don't forget IS even kill fellow Muslims!
Even an Intellectual as Bernard Henri Levy doesn't mean he's not stupid. By plotting against the Jewish state by collaborating with the Jewish state's enemies; so that he can be safe is dump - nobody is more dump than that.
He went to help the Eastern Libyans because of this; solely this. He's the most selfish man ever lived. A man, a Jewish man who plotted against his Jewish nation so that he can be safe! A scum of this earth. Let's pray to Jewish God to deliver this scum to the IS so that he can be publicly beheaded..in Eastern Libya if possble!
Ladies and gentlemen, have you ever wondered why Europe is upside down and law and order collapsing? Liberalism, leftism inspired by Obama and last but not least, Obama's emergence and presence in the world; even worse as president of the US as he will cow European leaders to adopt his doctrine to help promote Islam and be compassionate to Muslim migrants' plight is your answer.
I mentioned earlier of French banks'warning - if French banks went down due to Qaddafi withdrawing his money to park elsewhere, Sarkozy also would follow. It was in fact Qaddafi who stopped the Muslim refugees for Europe until the three cahoots got rid of him! Now Europe is paying the price - reaping what the three leaders sowed.
While Professor Bernard Henri Levy could be blamed for instigating the Eastern Libyans to rebel against Qaddafi, the Libyan strongman cannot be toppled by these terrorists alone.
It was Obama who led the intervention of Libya, and who used the ten-nation-strong NATO (as the commanding general was American) to bomb Libya to its knees, and allowed the terrorists to kill Qaddafi in cold blood.
David Cameron even reacted to the news of Qaddafi being killed like a rat in a sewage pipe some where in Libya with glee in London!
In conclusion, because they sinned against a man who meant them no harm at all, and who had been preventing the avalanche of Muslim refugees heading into Europe, Europe is now turned upside down and its own citizens will become minorities in their own countries soon! Checked. Do you wish to know more?
Remember: don't vote for Hillary Clinton! For their crime against Libyans, these three cahoots and the professor will pay dearly and reap what they sowed. Do you wish to know more?
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