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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?

Jul 20, 2019

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Boris Should Be Wary Of Muslims





When Sajid Javid Heard Abdullah Patel The 25-year-old Imam Confronted Boris Johnson Over His Remarks Long Time Ago That Muslim Women Who Covered Themselves Completely Resembled Bank Robbers Or Letter Boxes, He At Once Called For A Probe On Islamophobia! In The Conservatives Party

By David Lang

July 19, 2019 Updated Today:July 19, 2019

With Brexit On Knife Edge, Boris Must Banish Remainer Saboteurs From Government--Stewart Jackson (quote)


I can't agree more with his view but it would be even wiser to cast his net wider to include the Muslims..who would pose even more harm to him and the UK in the long run. Muslims are Muslims: all were humble, nice and pious when they first arrived, saying they had to fear for their lives back home; their properties were confiscated without reason and so on, pleading to be let in.

Once in and comfortably settled down and with many children or grandchildren later, don't expect them to be nice and pious or ever ready to be helpful to you like when they first descended on your shore, or you will be disappointed.

Just be grateful or contented that they don't knife you in the streets.

For Muslims there is no such thing as gratitude or fairness, or decency. Here is an anecdote to illustrate my point. There was a non-Muslim politician, single and probably in need of sex. She didn't have to look far or long for if that 's what she wants. In fact, the very person who could fulfill her needs was sitting right next to her. Her aide she just recruited. A male Muslim--young and not bad looking, too, full of appetite for sex like most Muslims. In fact, when this young man asked for the job he wanted to hit two birds with one stone, so to speak. He needed a job and sex. And the woman politician had no complaints whatsoever as far as their making etc was concerned..but later found out to her horror that her lover had been recording their trysts to sell them for money!

While this treachery can happen with non-Muslims too, Muslims are most likely to bite the hand that feed them. Period. Example, when Savid Javid who was disappointed he failed to make it in the Tory leadership contest heard Abdullah Patel the imam asked Johnson if he agrees words have consequences, when recalling once the former foreign minister described Muslim women who covered themselves from heads to toes look like bank robbers and letter boxes, he at once announced there would be a probe on Islamophobia in the conservatives party!

Even though it's still early to judge whether the home minister would carry out his threat, it's clear who his target was. Many prominent citizens of Britain rightly express their fears over the matter. This can be warning of sort for Boris Johnson should he succeed Theresa May he should make a clean break from her former cabinet unless they change from Remainers to Leavers. One exception, though: Muslims should not have a place in the corridors of power. Sajid Javid displayed he could not be trusted when he went for the top job when becoming a minister - a home minister no less - should be the highest for a Muslim immigrants. And don't consider Sadiq Khan whether he pretends to support Brexit or not; it could be just a lie. These Muslims can be expected to go the extra mile to realize their dream of having the power to impose sharia on everyone--whether you are Christians or Hindus. Checked.

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