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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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Sep 22, 2021
Biden Is Just Obama's Minion
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News > Biden Is Just Obama's Minion >His First Term Is Obama's Third - To Be The Wrecking Ball To Smash Into America like An Unwanted Building Earmarked For Demolition!
Biden Is Following In The Footsteps of Obama Who Hates America And Wanted To Destroy Bricks By Bricks From Day One Of His Presidency. He denied America Was A Christian Country. He Called Out The Rioters To Add To The Destruction He had In Mind. When His Presidency Ended Without Sounding The Death Knell For The American Republic, he was frustrated and Almost Launched A Coup To Perprtuate His Rule, But Fortunately Congress Stopped Him In Time
By David Lang
September 23, 2021 Updated Today:September 23, 2021
These talks about mistakes of leaving behind 85b worth of state-of-the-art equipment which they claimed would not be deadly weapons to be deployed against the US in the future as some of them had been spoiled by the army they claimed, were a feeble attempt to justify the biggest blunder of the superpower under Biden in history.
Let get this straight - it was not a mistake, not at all, it was planned, or Biden caved to the Talibans' threats. Or Both.
Here's a thing, Joe Biden was once a failed politician - he was widely known as a leader who accomplished nothing for 45 years - until he was rescued by being roped in as Obama's vice-president. It perked up his dwindling fortune a bit, but nothing more. He alongside Obama served out the two terms together in the White House, and was on the way to be obliterated - thrown under the bus, thrown away like used soiled tissue papers, if you will - by Obama had Hillary Clinton had better luck against Donald Trump in 2016; so that he could use her first term as his third (which doesn't exist under US law)..to bring back the glories of his ancestors' religion (Islam) which Obama endlessly vowed to do, and which Biden just did for him with an "extraordinary success" in Afghanistan (where else for these things?) according to his own words!
You know why Biden threw the Southern border (wide) open? He fulfilled (another of) Obama's wishes!
There are numerous Obama wishes detrimental to the US which Biden has to implement and which he and his Democratic Party have set in motion plans or strategies that once done and dusted America will never be the same again but be according to Obama's desire (To take away the riches and status symbol that have been associated with white Americans and make them as poor as his African-American brothers and sisters (a big fall in fortune if you know what I mean), and which compels Whites including those even in his Democratic Party, to grovel at his feet!
Biden is not a president of the world's sole superpower (for crying out loud) but just a minion of Obama! Checked.
Obama is the most powerful medicineman from the African continent having zapped power from his ancestors - most Whites, especially those from the Democratic Party are compelled by this Illinois senator, and would readily give their life and life long loyalty to him no less. Checked.
Obama is like God to them Democrats - his desires are their commands - ready to do his bidding.In our frustrations we tend to point fingers. "All these shenaigans wouldn't have happeneded if the American people would just let Biden continue with his pastime of smelling women's hairs and touching children. Not that these activities came to halt as soon as he's declared president-elec but may be even become more blatant as parents would balk at even thought of chiding him at all.
That's why democracy - electing people to lead - should be untainted and the process above board; so that a person who is not in command of his faculties like Biden could not slip through. He didn't. He was parachuted in by his handlers such as the state apparatuses of both sides of the aisle; the anti-Trump media and talk-show hosts; the Big Text entities who protected Hunter Biden by keepingg news of his and his father's corruption scandals under wraps during the entire campaign period of the 2020 election; almost the entire government agencies including the judiciary who worked in unison for one goal - made Biden president. And America plunged into the abyss or on the way! Checked. Do you wish to know more?
Biden nowhere near qualifies to be president of the most important and powerful nation on earth and yet he's there right now dictating to everyone as if America belongs to his father! And we cannot put the blame on the American people for voting in a wrong man. He didn't win the election but stole it from incumbent President Donald Trump. He's indeed a wrecking ball tied to nearby crane to smash everything this great nation owns or offers to smithereens. He's in cahoots with his 'former' boss Obama , who I repeat, and had been alluding to in all my articles, wanted to shrink this strongest nation on earth to a third world country status, and low-hanging fruit ripe for conquest by his jihadists - to set a new world order following in the footsteps of Chairman Mao of China's 'cultural revolution' fame! Biden would follow Mao's playbook, mark my words, and had, in fact, already begun, and millions will suffer unless someone strong enough to stop him and his handlers Madam Nancy Pelosi and her right-hand man Chuck Schumer, steps forward! And time is the essence here. Right now the Democrats are working round the clock to get things done to win more and more power until absolute power is in their hands (they won't rest). Checked. If someone to issue a clarion call for action to put a stop to all these madness perpetrated by the Democrats now it's time, and all Americans must respond or they would end up becoming citizens of a Banana Republic of America! Checked.
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