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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?

Sep 10, 2019

Johnson Should Learn From The Israeli Army And Air Force Who Fought Off Much Larger Forces






Johnson Should Not Reveal His Plans Carelessly Like He Seemed Prone To Do So Far (And See Where They Got Him?) He Should Put Himself And All His Aides In The Rebels' Shoes And Figure Out What They Would Do!

By David Lang

September 10, 2019 Updated Today: September 10, 2019

Boris Johnson has done well so far but.. He avoided getting too close to Donald Trump president of the US. You see, an aspiring runner for political office should be well-advised to be nice and say nice things to President Trump from afar. There have been too many fallen aspiring politicians after they showed too much eagerness to visit the White House to proudly walk alongside Trump on its wide lawn or spend weekends at Camp David.

Thanks God Boris Johnson the Theresa May successor aspirant politely turned down an invite to meet the US president during his visit to England. Because of that he's now in Number 10 Downing Street. For those who act chummy with Trump will be savaged by his die-hard fans the like of Theresa May and the non-performing (according Trump) London major Saddiq Khan.
These two non-performing politicians (according to Trump again) would not die from grief if Trump were to fall from Air Force One and die or lose the coming presidential election. But alas, they have no sway or say in the US. Their scheme if any would be futile. A non-starter. But the same can not be said again here in England. They can be nasty with Johnson. I was so worried that I had to write an article to warn the possible UK future prime minister in my blog ..https://davidrubinlang.blogspot.com. It's the smart thing - one of the smart things - that Johnson did to stay away from Trump for a while until he had clinched Tory leadership. I don't know if it was due to my article. Still, the result was the same.
Here's an anecdote to illustrate my point. When judge Moore (a distinguished former judge well-loved by the American people) signaled he would run for the vacant Senator-ship seat against a mediocre candidate from the Democratic party, people believed he would win hands-down as he was like a shoo-in candidate.
Then in stepped Trump into the fray by praising Judge Moore sky high and endorsing him to be the future Republican senator on the spot. Judge Moore then was attacked from left and right like he's an alter ego of Trump himself. They lined up women who were obviously coached to claim more than 10 years ago when they were teenagers they were sexually attacked by Judge Moore then while he was a supreme court judge. Judge Roy More was caught off guard and he was unable to fully deny to the satisfaction of the unbelieving public, he was nailed. A shoo-in candidate can be turned into a non-electable candidate overnight--just like that.
We should put our hands together to pray to God the Almighty for flooding Boris Johnson with intelligence and wisdom to do the right thing, and managed to clinch his goal of becoming UK prime minister.
But Johnson is not out of danger, yet. A lot of people here in the UK and in Ireland and the Eu are working hard in concert to thwart him, and they won't rest until Johnson can demonstrate to them the rebellion was futile. He must move fast, change his aides or increase their numbers to include intelligent and extremely experienced people to advise him correctly..how to get out of his quake-mire and on the double. Don't make the same mistake like last two weeks when he moved too slowly and the Remainers moved quickly to rush dubious legislation through the Commons-- to force him to ask the Eu for Article 50 extension, thereby neutralizing the effect of his prolongation of parliament.
Johnson should not reveal his hands to the opposite side for personal satisfaction, for his enemies will engage even more advisers and aides ten-fold to counter his move. He will never win because too many forces are arrayed against him unless he learns from lessons in the Arab-Israeli 6 day war. Israel was fortunate to have so may great mind generals and they teamed up to save their beloved country. The Egyptian air force alone was bigger than the Israelis. Even Jordan itself could have given Israel the run for its money. And what about Syria and its good brave soldiers and formidable air force--not to mention Lebanon, Morocco and 8 other Arab countries?
On paper alone, Israel had had no chance whatsoever. Then they searched for an answer to the obvious question how Israel accomplished such a miracle? So the first and only answer was Israelis are God's favorite children! But Boris Johnson could turn to both-- God and his formidable advisers. They will know what to do or should be done. Checked.
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