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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.
Jun 22, 2013
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How To Repair Your Own Refrigerator And Save A Bundle
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Oct 18, 2016
Reena The Seer
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- For Budgie 9, learning how to behave the hard way
- 'Minister’s confirmation on MO1 must have surprised gov’t'
- S'pore firm buys 200 heritage properties, evicts residents in George Town
- Finally, gov't officially admits Najib is MO1
- PAS: If Najib is MO1, are monies in his account 1MDB funds?
- Dr M: Najib's dad worked with opposition - so why can't I work with DAP?
- Tangkap MO1 rally ends with 'Najib' effigy forced behind bars
- Dr M: Najib untouched as Zeti, Gani, Abu Kassim betrayed
- Rally at Dataran Merdeka a violation of history and law?
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- PM: Assume nothing, until DOJ legal process is over
- S'pore authorities seize S$120m belonging to Jho Low and family
- 'M'sians defrauded on enormous scale, 1MDB funds used to pay gambling debts'
- It’s official – the 1MDB money was stolen
- 1MDB saga can be 'Oscar winning' movie, says Dr M
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- Sodomy II review: Anwar's case concludes, apex court reserves judgment
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- 'Minister’s confirmation on MO1 must have surprised gov’t'
- Finally, gov't officially admits Najib is MO1
- Dr M: Najib's dad worked with opposition - so why can't I work with DAP?
- Dr M: Najib untouched as Zeti, Gani, Abu Kassim betrayed
- DiCaprio urged to return 1MDB money he allegedly receive
- Sept deadline to file challenge against DOJ forfeiture suit
- MAS being sued for RM616,000 for sexual assault
- DiCaprio backs out of hosting Clinton fundraiser
- Clinton, DiCaprio in 'money laundering machine'
- Cancer scare motivated Jho Low to think big, be bold
- Report: 'Stolen' 1MDB funds linked to DiCaprio's wild charity galas
- Hollywood Actor 1 and the 1MDB drama
- Jho Low no-show at DiCaprio's latest star -studded charity gala, says report
- US lawsuits reveal Jho Low used father, brother to divert 1MDB-linked funds
- PM: Assume nothing, until DOJ legal process is over
- S'pore authorities seize S$120m belonging to Jho Low and family
- 'M'sians defrauded on enormous scale, 1MDB funds used to pay gambling debts'
- It’s official – the 1MDB money was stolen
- Australian woman Laura Bushney claims mid-air sexual assault on Malaysia Airlines flight
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Reena the Seer was a genuine princess once - until Jerak the evil wizard dethroned her with the help of his cahoot Treacherous Sultana.Together they plotted against Princess Evie and in her place installed a clone of her on the throne. But things started to look up for Evie who always goes by the name of Reena the Seer, when she was rescued in time by the handsome Deathstalker.
But her crush on the Prince of Thief was prevented from growing into school -girl love by his endless jokes - some of which were not funny but overdone. However, to show gratitude for his willingness to save her again and again - although "one rescue a day" was his policy - she was prepared to wait.
As time went on - after some rough and perilous journey together, which took them to a graveyard where Deathstalker did his kind of things to earn a living - the swashbuckling hero, too, couldn't deny that he felt something for the poor princess too.
Throughout their journey Deathstalker rescued the chirpy princess more than a few times. By then Deathstalker swore he wouldn't let anything happen to Evie; while on her part noticed a difference in her rescuer.
He's always there for her, looked out for her and she was elated, and elated as she was in love with her hero.
She couldn't tell yet despite his oft-displayed tenderness towards her that the feeling was mutual. But to her - his jokes, care- free wisecracking aside - this was the kind of man that fulfilled all her childhood dreams - the man she's prepared to give up even her throne for.
For Deathstalker, he began to feel this special feeling for the princess right after they formed a team for Deathstalker to take on Queen Kong in a special ring. There Evie showed genuine wish for her companion to triumph against the much bigger Kong. Her zeal in wanting Queen Kong to lose almost got the better of her; she literally threw punches in the air and absorbed blows from Kong herself as though she was in action not Deathstalker. And that's what the king of thief happened to notice and which gladdened him no end.
After the slug-fest with Queen Kong they got into a small argument at ringside whereby the swashbuckler sauntered off leaving Evie in daze. But realizing what her aching heart longed for, the princess sprang into action to run after her man. But she was too late - or least that's what seemed at first - for her hero had been hijacked by none other than the Queen of the tribe.
Upon seeing her lover in the embrace of another woman was too much for Reena The Seer and she dashed off in despair after picking up and smashing a peeled coconut to show her displeasure. As the luck would have it, instead of running to a river bank where she could cry over her loss, she walked into Sultana's men's trap.
Upon being brought to a dungeon where she came face to face with the evil Sultana again, all Evie could utter was .."You!" - to which Sultana said: "Ha! Your royal highness...the last time we met we hadn't much time to get to know each other - now we can fix all that! Now where's Deathstalker?" "I won't talk; you know why? Because Jerak wants me alive!"
"If I lower you down to, say, your waist in the boiling water you would still be very much alive," retorted Sultana. To prove she's not bluffing, Sultana began to lower down the princess to almost touching the scalding water, and repeated her demand: "Where's Deathstalker?" "Somebody looking for me?" came Deathstalker's answer instead, appearing at the door. Then Evie the princess exclaimed excitedly: "You came back!" "By popular demand!" back came the prince of thief's reply.
Oct 16, 2016
How Do You Intend To Vote In November
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News > American Politics >All Gang Up On Donald Trump
If you are thinking of voting Hillary Clinton into the White House, please think again.
If you are thinking of dropping Donald Trump purely based on the accusations by his opponents (that he always made humiliating or demeaning comments against women, or ever touched women inappropriately), think again.
You know during a political campaigns of this magnitude there's some tolerance to the inappropriateness of behavior on both sides of the political divide. And we must remember that both Clinton and Trump would do their all to win.
Still, the low that Trump's opponents stoop to to do him in is rather..excessive, and unsjustifiable.
As if Hillary Clinton completely forgot her own principle with which she argued against Obama during the Democratic presidential nomination campaign, when she accused the Obama camp of discrediting her and undermining her credibility through under-hand tactics, saying Obama and his supporters should just focus on contrasting her abilities and capibilties with his own instead of trying to destroy her political career through bought third parties.
Although everybody then saw her as a shoo-in candidate for Democratic nomination, she was surprisingly pushed out by an inexperienced and unseemly unqualified Obama - whose birth right to run for president was very much in doubt then.
Hillary Clinton is terrified of the success - or shall we say unexpected success - of outsider Donald Trump the same way Obama camp was when John McCain roped in sizzling Sarah Palin of Alaska governor fame to be his running mate.
If you all read newspapers everyday (during the 2008 presidential election campaigns), you would remember that Sarah Palin was focussed on and put through a minced-meat machine. No efforts or expenses were spared ..to see to it that John McCain lost his bid to become the 44th president by blaming him for irrationally selecting an unqualified and dump Governor of Alaska to be his vice -president if he eventually makes it to the White House, and becomes president in case his inability or death stops him. Call it like hitting two birds at the same time!
I mentioned if you do read newspapers. The same question was more or less a penultimate step to the destruction of Sarah Palin's qualification to (deserve to) be president of the USA. Again, we must congratulate the media - led by the then MSNBC - for their leading, tireless role in championing the Obama cause.
If you do read newspapers, then, any newspapers, you wouldn't have missed the Sarah Palin interview -- by Kathy Couric then of MSNBC. The naive journalist - she was just a young vulnerable journalist - was probably given the order to purposely ask the vice-presidential hopeful stupid questions; anything that makes her appear as an uneducated and unintelligent person.
These were the famous questions: "Governor, how many magazines or newspapers have you read?" "What!", an unbelieving Sarah Palin asked in return, "I can't understand your question." Or, more precisely, "Why are you asking such a silly question!" she wondered. The young journalist then saw her chance to cause damage. "Okay if you can't understand my English, I will try to make it simpler and slower for you: "'Tell me honestly..how many magazines or newspapers have you read in your life? One, two, or none?'"
The fact that Kathy Couric tried to humiliate the Governor of Alaska by such stupid questions proved that she worked (for certain party) to destroy Sarah Pali's suitability to assume to country's highest office in the event something happened to President John McCain! And Donald Trump has become another Sarah Palin. That's where the similarity ends, though. Trump is for president, not vice-president. All the more important then to make sure he must fail in his bid.
They (his opponents) will throw everything including the kitchen sink at him to stop Donald Trump from becoming president and undoing all that had been imposed on America by the Obama's eight years of "Change you can believe in!"
The stakes are high. Those against Trump will stop at nothing to derail his bid. In 2008 the MSNBC was roped in, which means the formidable talk show hosts could be used to destroy Obama's opponents. They would unleash their no-holds-barred attacks against them, including Hillary Clinton herself then. After which, not Hillary Clinton that was a shoo-in. Obama was the shoo- in!
It's therefore inevitable that Hillary Clinton would emulate Obama's tactics in every way to win this contest.
And at the forefront of this campaign was Billy Bush! From CBSNEWS. Not MSNBC, this time. (They must have seen the result (the untold destruction inflicted by Obama on American society) of their naive cooperation with the Obama campaign, and decided to sit out this Hillary campaign to atone for their past mistakes.
But ultimately, after all are done and dusted, it will be the American voters who will decide, again, whether they will experiment again. And put a woman in the White House, just like they did in putting a black man in the White House. Clearly history is repeating itself, in that the Democrats are using dirty tactics in not contrasting their capabilities with their opponents for the voters to choose but destroying their integrity and credibility. It's hoped the electorate will not make the same mistake which they knew had cost America dearly, by voting a woman to become president.
For she has made too many mistakes already during her reign as secretary of states, doing President Obama's bidding. As an example, during the Libyan conflicts she was found (out) to have lied on the Arab League's purported approval to intervene in Libya when there was no such agreement from the Arabs. This fake fact she used to the full, to persuade other reluctant Muslim leaders to come on board.
In another word, this is a woman who would stop at nothing to achieve her goals.
She displayed this mentality starkly during Obama's tug of war with the Egyptian military. In successive visits to Cairo, secretary Clinton arm-twisted the generals to give way to the Brotherhood President Mohamed Morsi to do as he pleased - with disastrous result!
If not for another general coming to stage a coup, after being emboldened by the massive demonstration by millions of Egyptians pissed off by Morsi creeping Islamization of secular Egypt, only God could help them. President Obama couldn't care less to lift a finger to help the demonstrators who bought into his instigation during his Cairo speech.
A lot of damage had been done by the Obama years assisted by Hillary Clinton. Their acts in toppling President Mubarak who undoubtedly was much, much better than the Brotherhood administration paved the way by Obama and Hillary Clinton, that replaced him! Do you wish to know more?
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Oct 14, 2016
Hilary Clinton Or Donald Trump
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News > Kleptocracy >DOJ Suit
This was what we discussed on MSNBC Newvine.com sometimes ago, on Obama administration, aided by secretary of state (then) Hilary Clinton.
This is of course to help American voters vote wisely in November; rather than experiment again. This time on a woman. But you decide.
DrtyRotnS0B When will Democrats tell the truth about: "Fast and Furious" "Obama Care" "Benghazi" "Boston Terrorist Attack" "Court Marshaling troops for Christianity" "Holder promising to prosecute people for bad mouthing Muslims.
They shouldn't have got rid of Mubarak. But then again they had to as they have been instigated blind right in the infamous Cairo speech. The seed for Arab spring, or disaster, was planted then.
We thought we were better; we patronized, brain-washed, and instigated the people of Egypt to overthrow their leader, former President Mubarak, although they had no real reason to. We told them if the Tunisians could do it, Egyptians, too, could do it. Try it we urged them Although life generally and economically in Egypt then was not that bad (Egyptians women could even show up in swimsuits to sunbathe at the beaches without being molested).
Mubarak had no quarrel with Egyptians but with Muslim Brotherhood. Although they didn't exactly sing the praise of Mubarak and his government, neither did they feel shackled or suffocated by Hosni Mubarak's rule. Of course, they didn't like Mubarak because he was powerful, rich and famous. But life under Mubarak while could be better was not exactly a life of misery. Compared to other Arab countries Egypt was modern and quite prosperous. No one had to starve like now.
But they erred when told that they could emulate American way life (of absolute freedom and all round prosperity) they bought into false hope of utopia that doesn't exist even in America. Poor Egyptians! They didn't realize they had been brain-washed and so fooled into believing that such a place exists and Americans are living in it! That all they have to do is fight for their rights. The rights to be governed by the government of their choice. The government that must provide them with good life like what the Americans are enjoying! If their leaders fail or refuse to meet their demands, topple them! That's the gist of the so-called Cairo speech.
The speech that planted the seed of the Arab spring - the present turmoil in the Middle East. President Mubarak was forced out not so much by Egyptians but outside forces. Libyan strongman was similarly ousted and killed. Thousands of people perished in the process. The two countries didn't become an utopia as promised but living hell. The Muslim Brotherhood that was earnestly promoted to them and influenced them to support in order to usher in a new era for Egypt, was much worse than Mubarak they replaced.
The so-called good American life that they were promised after they got rid of Mubarak was nothing but an illusion. What now? Their only hope is to wait it out until another powerful general stages another coup and gets rid of all the devils and rule Egypt like Mubarak did. I am not saying Mubarak was an angel. He was not. He was brutal, oppressive (to those he deemed as his enemies), but at least he didn't treat the Egyptian people as enemies.
Under his watch no religious fanatics dared to touch women in the streets, unlike during the reign, short reign, of the Brotherhood nominated president Mohamed Morsi.
Now life in Egypt was better after the Morsi government was toppled. Lest we forgot, the misery that the Egyptian people endured during Morsi's rule was paved the way by by Obama, and executed on the fields by Hilary Clinton - the present Democratic presidential nominee.Do you wish to know more?
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