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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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Dec 20, 2017
The 15 Gina Millers Who Try To Thwart Theresa May
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News > 11 Gina Millers, effectively! >The EU Based Their Unjust Demands On What The Mutineers Do And The Extent They Succeed To!
The Fatal Move Was The Ill Advised Calling For Much Earlier General Election Before It's due. It Resulted In May's Government Not Defeated But Left With So Thin The Majority In The Commons That It Had Presented An Opportunity So tempting That The Government Backbenchers Couldn't Resist - To Betray Their Prime Minister!
By David Lang
May 28, 2017 Updated Today: December 20, 2017
The 15 Gina Millers
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Nov 17, 2016
Theresa May To Trump: Emulate Angela Merkel And Flood US With Muslims
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News > Theresa May Wants Trump To Follow Angela Merkel and Flood US with Muslims >Theresa May A Dhimmi
British People, Theresa May Is No Margaret Thatcher
As world leaders make a beeline to phone, meet or fix an appointment to meet to congratulate the new President-elect of the United States of America, Britain's Theresa May may have to wait a bit, a bit longer whether to just speak on the phone or have four-eye meeting with President-elect Donald Trump - compared to the lucks of other foreign leaders; even Nigel Farage, for that matter. Checked.
Well, nothing to worry about, actually. Teresa May will be accorded her privilege as close friends of the US, except that at this moment the transition to powers in the White House did seem to attract more attention than playing host to Mrs. May. Moreover, Britain's prime minister may have already congratulated Donald Trump though not personally, but through the media, when she warned (or advised, I am not sure, which) Trump not to carry out his promise to flush out Muslims from the US those already in and to vigorously interview and vet future Muslims applications to enter or visit the US.Checked.
And why is that? Why was she so interested in looking out for the Muslims the world over? To show compassion like Angela Merkel did (to the dismay and consternation of native Germans, not to mention causing the erosion of their rights and freedom to walk wherever they wish? Checked.
Is May confident (or complacent) that Britain is secured, no more bombing is going to happen because she, her government and British society in general, had done a good job in getting themselves into the good books of the Muslims? Checked.
Is she pitching her or Britain's expertise in Muslim control to Donald Trump? So that President Trump after he takes over the Oval Office could tap into to, sic, make America spared from Muslim violence, too? Checked.
Theresa May didn't mention how she wants Trump to go about keeping his election promise to deport Muslims from America: did she mean for Trump to carry on with Obama's policy which essentially caused the defeat of Hillary Clinton, Obama's stooge? Checked.
Is Theresa May and her government so afraid of Muslims, that she made it her business to be seen to look out for the welfare of Muslims wherever they are, by making it her first concern she would like Trump to address? Checked.
This is out of this world. Can you believe it - the prime minister of Great Britain (the country that once controlled half of the world) behaved like a Dhimmi. (Dhimmis refers to non- Muslims living in a Muslim-majority countries where they pays taxes to the Muslim authorities for protection ). The word Dhimmitude can have unlimited usage for the Muslims - depending on their scruples or the lack of them of the Muslim authorities, subject to needs. Checked.
The out-going US president Barack Hussein Obama, for instance (who admitted publicly in Middle Eastern media he is a practicing Muslim, though he's also known as a Christian, a non-practicing one, ironically), uses Dhimmitude to grant exemption from having to purchase his Obamacare to Muslims which he knew from day one the premiums would be beyond their reach and therefore shackle them to life of misery the white majority are now enduring. So, he cleverly (he's a genius) declared the Obamacare legislation only applies to non-Muslims. Just like that. Problem solved, for the Muslims. When activists or analysts questioned, what happened if the Muslims become sick and need an operation costing $20,000, how are they going to pay? From their life saving? "No," Obama said. The Federal Health Agency or Department - or whatever you call it - would pick up the tap. Problem solved. And where the Federal Health Agency money come from, may we ask? Checked.
Maybe this is nothing new to Theresa May, or in England?
So in short, a few hundreds thousands American Muslims - a tiny community - in a country of 300 millions, get to receive special treatment from the White House. All Americans, Whites, Hispanics or Asians, all are compelled to abide by Obamacare law failing which severe punishment awaits. Checked.
If you think since the American people accepted the inception of Obamacare when it was launched years ago, they only have themselves to blame, think again. These poor Americans are not to blame. They have been lied to by Obama using ambiguous words and terms to hide the true Obamacare they were pitching in the beginning by only telling half truth. But the decision to buy the Obamacare idea was partly caused by their trust in Democratic leaders such as Harry Reid, Nancy Pelosi and Hillary Clinton who clearly failed in their duties as Congressmen and and women, and senators - and, this is important, as human beings with conscience, to remind their fellow white Americans to be careful before they sign up.Checked.
In fact these white leaders fell into a pattern whereby Obama the genius cleverly pit Whites to cheat Whites, damned easy. Obama reasoned; if he used African-Americans to sell his snake oil to Whites not a single white will buy. I have been writing for months to tell the white Americans - you all have been taken for a ride by none other than your white congressmen and women and senators - I repeat, such as Harry Reid, Nancy Pelosi and Hillary Clinton. Don't elect them ever again; let them reap what they sow. Checked.
I am just glad my prolific writing - churning out articles after articles daily for months - imploring readers to reject Hillary Clinton because she's at beck and call of President Obama, and will continue to be so even after she becomes president, was not in vain. The Democrats have also lost both Houses of Congress! Checked.
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