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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?

Nov 12, 2016

Not Easy Being MCA Leaders







The Drl Blog




























The MCA Has No Choice But to Jettison All Present Top Leaders And Reinvent Itself

Not Easy Being MCA Leaders

This is exactly why the MCA was in the free fall. Most of its leaders lack strong will and leadership caliber of past presidents or leaders. Leaders like Lee San Choon, for example, who commanded respect not only from the Chinese but also non-Chinese. Checked.

During his time who dared to be seen as unjustly discriminating against Chinese Malaysians - let alone actually discriminated against them. Checked.

We all yearned for the good old days, didn't we, when we were united in our hearts and actions. When Chinese regard Malays with love and respect and vice versa. Now I am not saying the Malays and the Chinese hate each other, although certain quarters might want that. But the Malays I hate to say this, are not exactly rushing to defend their Chinese counterparts although they are clearly being victimized. And this is the single greatest flaw of an otherwise great race. They are basically all about self-preservation. Like to mind their own business. If you want to find someone to help each other when the chips are down - so to speak- or what they call a friend in need is a friend indeed, don't find the Malays. Checked. (Lest I am misunderstood; I don't mean there is no good Malay to be pally with. There are.)

On the contrary, I believe the Chinese would still care about the Malays and I have no doubt they will standby a Malay if he or she is being victimized in this polarized situation. Checked.

It's all up to the information and misinformation an individual comes into contact with; how he treats it - swallow everything, or only the good part, or throw out the whole lot. But I like to digress. Clear and present, there's the danger of leadership vacuum in Malaysia's second largest political party. Most of the old guards are wallowing in inferiority complex and acute subordination; so that when the former law minister called a spade a spade (namely they failed to speak out against instances of discrimination leveled against the Chinese Malaysians they were supposed to look out for), they misunderstood his intention. Checked.

All they could think of was he was opposition-friendly, and an outsider. It never occurred to them that this Said Ibrahim could be sincere and just wanted to help. They agreed among themselves if they agreed to rejoin the cabinet they did it to contribute to the betterment of Malaysia. Checked.

Exactly; if they wanted to help make Malaysia better they should take the bull by its horn ( stand firm on race relation issues). Checked.

Only pragmatic and just leader like Said Ibrahim would thrust his neck into the guillotine for nothing. The MCA leaders seemed to balk at heeding Said's advice - like Tun Ghafar Baba's to the then sparring leaders of MCA of yesteryears - to try their best to fix the racial polarization problems plaguing the country. The fact that he chose to single out Chinese but not MIC leaders for the task meant one thing: While he's aware the so-called polarization involved both Indians and Chinese and the Malays, he was concerned over the recent events. Checked.

While MCA leaders were all for protecting the Chinese community's rights - which their fore- fathers or past presidents did admirably well - they seemed held back by something...read Datuk Seri Kong Cho Ha's statement. Checked.

To a lesser extent, Ti Lian Ker also joined Kong in throwing a spanner in the works. Why rejoin the cabinet just to fix the racial shenanigans that seemed to pulverize the once happy Malaysian family of Malays, Chinese, Indians and others, they ask. They seemed unaware we are not that happy Malaysian family we used to be during Tun Dr. Mahathir's time. Worrisome as it's these MCA leaders chose to talk about Malaysia's betterment, in general. Checked.

They didn't or couldn't set priority. All have good intention in their hearts, I am sure, but they were not united in putting their shoulders to the task at hand (as highlighted by Said Ibrahim) and clearly lacked urgency. Checked.

But while they dithered Rome burned! Checked.

For one, much as they wanted to help their Chinese people, they could only do their jobs with one eye on the task at hand, that's if they wanted to take it on at all, while another casting warily elsewhere. Checked.

Sad. But true. And nothing they could do, it seemed. Or they seemed to point out. Helplessly. In fact, to be quite frank, the MCA could do with a better set of leaders. But lest I am misunderstood, I am not calling for the removal of Datuk Liow Tiong Lai and his deputy; Wanita chief or Youth chief -- not at all. They were democratically elected leaders; the only way to remove them is through elections in the general assembly; or specially convened extra general meeting. What's more with the endorsement of the prime minister himself, who in the whole of MCA would dare to challenge Datuk Seri Liow? However, what needs to be said needs to be said, however unsavory: the present way or scenario is unsustainable. Something has to be done, and it may be opposed by the present leadership (known to be solidly backed by Najib himself)! But if the current leadership are men or women who really love the MCA, which I believe they do, they should recuse themselves Checked.

Well, brothers and sister, fret not, I say. If all else failed, I mean if the MCA failed, if the leaders failed, there would still be the Law of the universe to take care of things. Nothing, I mean everything, in this universe is governed by its Law: Nothing lasts forever. Whether you are emperor of Rome, or Adolf Hitler of Germany, or UMNO of Malaysia, like fresh milk, you have shelf life. You rise you then fall. And you return to nothingness! Checked.

Do you wish to know more? Do you wish to know more>

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