Shanghai is in eastern China;
Timbuktu is in western Africa;
What Malaysians now mostly fear;
That BN will turn their nation into Zimbabwe.

Had he said that the PERC report is true, his personal assistant would had run off to the police station to claim that Mr Moo had sodded him. That’s bolehland politics.

Muhyiddin says PERC report is nonsense

Muhyiddin claimed that the report appeared to be part of a hidden agenda to destabilise the country.

http://www.themalaysianinsider.com/index.php/malaysia/52784-muhyiddin-says-perc-report-is-nonsense

In the 50s and 60s, Manila was the place to be for culture and entertainment. The Philippines had post-war development money from the US. It was touted as one of the first countries in Asia to reach developed status. The military pulled the strings then – a small elite group of people with connections to local tycoons, mostly of Chinese or Spanish descent. Then Marcos took over, and he corrupted the entire system. He and Imelda “invented” the personal tolling system for Asia. Political opponents were assassinated – both reputation-wise and also with their lives. It took the assassination of Aquino to galvanise the people – after 19 years of pillaging by Marcos and his military friends.

But the rot had set in far too deep. Corazon Aquino could not reverse the rot. The military, the business elite, the bureaucrats – they only knew one way of doing business, which is the erection of tolls. The Chinese tycoons moved their money to Taiwan and Hong Kong. They could not live with the lack of security in the Philippines – the spate of kidnappings and unsolved murders.

The biggest revenue earner for the Philippines is now the export of maids to Hong Kong and the Middle East. The men all stay at home, strum their guitars and smoke their homemade joints. Everybody from the President down (including her spouse) keep looking for tolls.

Bolehland will become another Phillipines in the next 10 years.

The main existence of the UMNOputras is the accumulation of wealth. As had already happened in the colonial past when the incumbent power mortgaged the country for their own survival, so also the UMNOputras would not hesitate to sell off pieces of Bolehland to the highest bidder for money in the face of economic collapse. This behaviour is already in their genes. So brace for the inevitable.

All these succinctly stated are true but our problem is not knowing how small or big this so called “minority” committed to status quo system against any reform.

If one believes page N6 of todays The Star, “the Penang Malay Chambers of Commerce has stepped up its attacks on Chief Minister Lim Guan Eng accusing him of misleading the people with incorrect statistics”.

We don’t know whether they are ordinary businessmen as well as some members of UMNO whose members are ubiquituous, every where….

It has always been party affiliation the way to ‘cari makan’ based on the Patronage System revolving around political affiliation/Ketuanan ideology. Its a mindset nurtured over 50 years. They will fight anyone who seeks (genuinely) to reform this system, whether it is Najib or any Opposition head/ government. I think they are not really small vocal “minority” and they are everywhere affiliated as members not just the Ruling Coalition parties but also embedded in Opposition parties waiting for the chance.
Their dissatisfaction with Govt if any translated to votes against is not so much against the patronage NEP system of spoils per se but the unhappiness from the perception of inequitable distribution of spoils. This, the dimension of our problem. It is problem of Mindset.

On d other hand, if they don’t care what their children do when they r grown up
Take heart fr d world famous enterprising unemployable university dropout
He has shown us a novel legitimate sure way of making big fat bucks quickly, even getting an audience with DPM or PM n possibly a scholarship fr d Umno B gomen
Like a Jollywood star, he waved n acknowledged applause fr his growing number of adoring n avid fans, all eager 2 tell him “Can I phark u today?“

Ringgit will weaken

Oil-price will drop

Malaysia bankrupt!

He would likely say it is very low in his priority of concerns! Greater priority is on the matters raised by Grez Lopez in the New Mandala Blog highlighted by yhsiew in #16!

True probably no other Asian country is suffering from as much bad press as Malaysia, eg – the news of stolen military jet engines, detention of African/Middle Eastern terror suspects the desecration of places of worship after Justice Lau Bee Lan’s decision, opening of Anwar’s sodomy case and now Federal Court decision. However these are quite recent.

However well before and throughout 2009, Malaysia, according to UBS Securities Asia Limited report, experienced the biggest foreign exchange reserve losses among Asian countries. (Foreign capital outflows from Malaysia in the last year was nearly 50 percent of the GDP). According to UMNOputras’ thinking, probably much of this outflow was due to their own people and their business cronies relocating their assets/monies, in period of uncertainty after 308 political tsunami– but once it is certain that PR is properly neutralised, and BN’s political fortunes assured in next election, some of these monies will return….

If one is thinking of foreign portfolio investment leaving the country in exodus because of PERC’s rating, there is in the first place limited foreign portfolio investment still in the country for quite some time for the impact of PERC’s report to be earth-shaking.

If it were argued that the govt’s stand on Herald’s Allah issue may compromise Malaysia’s secular credentials and spook investors, then the loss of western investors may well be more than balanced by attraction of Muslim investors from the oil rich Middle East. Why it was no other person that PR’s own Selangor MBi Khalid Ibrahim who just affirmed that the ongoing sodomy trial of Anwar Ibrahim was a joke and has not deterred in any way prospective foreign investors especially from the Middle East to transform Selangor into an Islamic finance hub (See Neville Spykerman’s report of Ferb 10 in TheMalaysianInsider). What have investors got to complain when comparing with before the NEM has done away with FIC/EPU’s regulation of share acquisitions by foreigners, there being more financial liberalisation by granting foreign bank licences and raising of foreign ownership shareholding limits in existing stock broking companies and unit trust management companies for retail sector etc???

Regarding Anwar’s sodomy case, UMNOputras probably also take the view that big business is less concerned about partiality of dispensation of justice vis-a-vis political opponents for so long as in commercial matters and contracts (that matter more to their buiness interest), there is sufficient impartial justice to business men litigating their rights and liabilities. In this respect, wshiklstb there’s controversy about the Federal Court’s ruling against PR’s MB Nizar (a political opponent) there is much clapping over the Federal Court’s decision on commercial/ land matters when it restored justice by reversing the 2001 error of Eusoff Chin’s ruling in the Adorna Properties vs Boonsoom Boonyanit case.

Yes Malaysia has fallen behind those chop stick using countries like S. Korea, HK, Singapore and Taiwan but like the on-going brain drain this phenomenon of lagging behind has been going on for quite sometime well before PERC’s recent rating of political risk a notch higher.

Even corruption index going up, some of these guys will argue that the problem is not so much corruption per se but whether business men know who in power to deal with, and whether once deal is struck, whether it will be delivered….

Most unlikely they’ll not lose any night’s sleep over the PERC report.

That’s Najib’s sloganeering : 1 Malaysia. Malaysians either ‘go to hell’ (along with PERC), gets buried, go to prison or go fly kites!

Rosmah’s likely not-so-soft-whisper to Najib: DO THIS, THEN DO THAT OR YOU ARE OUT!

Now that is prime ministerial.

http://www.malaysia-today.net/index.php?option=com_content&view=article&id=30129:is-najib-on-his-way-out&catid=16:from-around-the-blogs&Itemid=100132

Is Muhyiddin (who just launched his blog – Muhyiddin Yassin for Malaysia), Prime Minister Najib’s Deputy, attempting to overthrow his boss? Najib, who only came into power in April of 2009, is in real danger of not completing a term as Prime Minister (read here).

Several commentators have already suggested that Najib is facing unprecedented resistance to his reform agenda and is being sabotaged in the process (read here) as his middle of the road approach goes against the very being of UMNO.

Najib’s position is weak — both in UMNO and nationally. His ruling coalition is unstable with all key component parties facing leadership crises. The economy continues to falter and Malaysia’s weakening reserves suggests capital flight. Anwar’s Sodomy Trial and the “Allah” issue may drive moderates further away as fundamentalists push UMNO further to the right. Judging by previous UMNO intrigue (e.g. May 13, 1969; Operasi Lalang, October 1987; Reformasi, September 1998), it is likely that Najib will have to resort to underhand tactics to save his position in UMNO — and as always it is innocent Malaysians — mostly likely opposition leaders and democracy that will pay the price.

http://asiapacific.anu.edu.au/newmandala/2010/02/09/is-najib-on-his-way-out/cc