Archive for March 30th, 2010

Najib’s NEM has not been able to come out of the long shadow cast by the Perkasa inaugural congress

Posted by Kit in Economics, Najib Razak on Tuesday, 30 March 2010

The general consensus is that the New Economic Model announced by the Prime Minister, Datuk Seri Najib Razak pledging long-promised economic reforms is singularly short of details as to convince Malaysians that there is the political will to match words with deeds.

Even more serious, Najib’s unveiling of the New Economic Model has not been able to come out of the long shadow cast by the Perkasa inaugural congress spouting neo-NEP Malay communalism as it was attended by several Umno Deputy Ministers.

DAP Secretary-General Lim Guan Eng asked yesterday why RM52 billion worth of shares of public-listed companies allocated for bumiputeras under the New Economic Policy were no longer in their hands.

Raja Petra Kamaruddin has estimated in his portal Malaysia-Today that the real cost of the New Economic Policy may be the colossal figure of RM500 billion, saying that this could be a low estimate.
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Dr M, The Father of Re-Colonisation

Posted by Kit in Mahathir on Tuesday, 30 March 2010

Mahathir forgets easily (I)

By Martin Jalleh

Recently, Dr Mahathir (Dr M) reminded the younger generation, who will one day lead the nation, not to be taken in by the subtle tactics of foreigners who want to bring about neo-colonialism in the country.

He said that “foreign forces would take advantage on the basis of globalisation and liberalisation to fulfil their agenda. We are now “faced with various challenges from abroad…(and) threats from blog sites”.

He was speaking at the Tun Dr Mahathir Mohamad Statesman Discussion organised by the Special Affairs Department (Jasa) of the Ministry of Information Communication and Culture (Bernama, 27.03.10).

It was one amongst the many of Dr M’s anti-re-colonisation rhetoric. Once when he was in power (in reality, he still is!) he declared that the rakyat must ensure that the BN “is returned to power with a big majority in the next general election so that the nation will be ruled by a strong Government capable of standing against any attempt by foreign powers to re-colonise the country”.
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