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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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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

'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

Anwar: 505 rally will go on - Nation | The Star Online

Anwar: 505 rally will go on - Nation | The Star Online

Black 505: Live updates - Nation | The Star Online

Black 505: Live updates - Nation | The Star Online

Feb 15, 2013

How To Repair Your Own Refrigerator And Save A Bundle





when I received a call the other day (night) from a Miss Lee complaining about her fridge not working (she noticed the temperature inside the fridge was warm comparable to room temperature), I asked her to check if the fridge's power switch was at on or off?

May 20, 2017

President Trump's Blissful Errors



The Drl Blog

















His Insistence In Speaking Without A Care In The World Will Hurt His Presidency!

By David Lang

May 28, 2017 Updated Today: December 11, 2017

Updated Today: Septeember 17, 2021

When will President Trump realize that he cannot say or do anything with out thinking of what will happen afterwards? His way of doing first or talking first, if you will, and think later has to stop. His days of talking or saying whatever comes to mind are over. Checked.

His fondness or recklessness in talking without text or restrain will be his undoing. All the controversies playing out for the last few weeks which drove his administration to a corner, the so -called Comey memos, his request for loyalty from the FBI directer, the loud hoping that James Comey let off Michael Flynn lightly "as he's a good guy," and the abrupt change of the reason for the Comey firing from Rosenstein's memo to .."Actually, I have decided to fire the FBI directer long before Rosenstein's recommendation!" Then he went on to talk aimlessly in the same breath about his unhappiness about the FBI on-going investigation of Trump and Russia collusion; which unavoidably led to him exposing his flanks to his enemies (the talk show hosts of MSNBC and others) bent on destroying his presidency in its infancy. It amounts to self-inflicted wounds, if you will. It's a disaster! Checked.
It's unbelievable that the president himself seems to be blissfully unaware how his no-holds-barred talking has played right into the hands of those who want to topple him. Checked.
His habit in speaking without a care in the world, or recklessly if you will, will be his undoing. Checked.
While it feels good to be an eloquent speaker or known as one, not everyone can do it, without the danger to say a wrong thing, or a gaffe, which one's enemies are waiting to exploit! Checked.
If a mistake is made and the speaker realizes it, he can quickly retract the statement to minimize the damage. But if, say, the speaker is blissfully unaware of his blunders, they can hurt him - badly in the case of President Trump's.Checked.
President Trump should immediately change his way (of public speaking), and change fast, according to Bill O'reilly of No Spin News fame.Checked.
President Trump also should watch the MSNBC talk show hosts such as 'Morning Joe' and Rachel Maddow, Lester Holt, Chris Mathew, last but not least, Chris Hays - to understand what a big problem he's facing. Checked.
These talk show hosts have nothing else to do except to bring down President Trump, and believe me, their bashing of the president has taken become an art form including among their invited guests! Checked.
But, while quite nauseating as they appear, these talk show hosts are not wholly to blame. President Trump himself 'paves' the way for them, if you will. Checked.
And when he gave interviews to these detaractors he's utterly hopeless and helpless - he was so nervous while in progress as if he's inadequate man lost for words or didn't know what he's saying, and was largely led on to inflict his own wounds on himself. And once these talkshow hosts such as Lestor Holt, for instance, managed to lure him astray and made him say unhelpful things about his presidency which they had been waiting to exploit they gleefully went on to attack him 24/7 on the air to discredit and in the end destroy his reputation and administration. Checked.
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