Archive for October 29th, 2010
Oppose Menara Warisan Merdeka: And for that reason, I petitioned…
Posted by Kit in Good Governance on Friday, 29 October 2010
By Adrian Ang | www.loyarburok.com
October 29, 2010
OCT 29 — For the past 10 years on Malaysia’s Budget Day, I have been glued to the television. I have listened to every detail of the Budget Speeches and this year was no exception. As the Prime Minister began his speech, I waited with much anticipation. What’s to be in store for the development of our country?
But my heart stopped when the Prime Minister announced the development of Menara Warisan Merdeka, a 100-storey tower which will be built between the Merdeka and Negara stadiums. The 19-acre mega development project is said to include a condominium and shopping mall. I couldn’t believe my ears.
It struck me that a massive construction project will soon descend on the vicinity of my alma mater, Victoria Institution (VI). Besides VI, there are also 3 other schools within the vicinity of the development area, namely, Methodist Boys’ School (MBS), SRJK (C) Jalan Davidson and Confucian Private Secondary School. I was dazed for a moment before questions started filling my mind.
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ETP without the NEM cannot achieve a high income economy
Posted by Kit in Dr. Chen Man Hin, Economics, Najib Razak, NEM, NEP, UMNO on Friday, 29 October 2010
by Dr Chen Man Hin, DAP life adviser
The ETP (Economic Transformation Programme) without the New Economic Model (NEM) cannot achieve a high income economy for the people of Malaysia
Immediately after the UMNO assembly where the delegates unanimously rejected the NEM proposal to liberalise the economy beginning with the removal of the 30% bumiputra equity. There was alarm that this would mean the end of the NEM which was promoted Najib since he became Prime Minister.
To assuage the fears of investors and the economic and business world, PM Najib quickly assembled a coterie of 10 foreign investors before a gathering of a few thousand people, PM Najib presented them as multi-billion investors who are investing in the country. They were the pioneers of the ETP which is expected to harvest some US$444 billion of projects to propel the economy from a middle income to a high economy status by the year 2020.
This translates to bringing in investments averaging 1,300 billion ringgits a year. The government expects 99% of the money to come from the private sector.
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Umno’s ugly side revealed again
Posted by Kit in Muhyiddin Yassin, Najib Razak, UMNO on Friday, 29 October 2010
By Jeswan Kaur | Malaysiakini
Oct 27, 10 3:47pm
What has made Umno president Najib Abdul Razak and his band of top officials so insecure as to use the Umno general assembly to harp on Malay rights and privileges?
Last week’s 61st general assembly once again revealed the party’s ugly side as Najib, deputy president Muhyiddin Yassin and vice-presidents Shafie Apdal and Hishammuddin Hussein reminded the ‘other races’ not to question the Malay rights and privileges.
In short, all three told non-Malays to leave the federal constitution alone with regard to Article 153, which assures the special privileges of the Malays and the bumiputera of Sabah and Sarawak.
Why does Najib play with public emotions by raising the issue? How dare he make the irresponsible remark that “the Malays had actually made the biggest sacrifice to achieve independence when they were willing to share the ownership of the Tanah Melayu, … their motherland, with the other races”.
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DAP, PKR dismiss ‘secret’ pact to ensure Chinese rule
Posted by Kit in DAP, Pakatan Rakyat, PAS, UMNO on Friday, 29 October 2010
By Shazwan Mustafa Kamal | The Malaysian Insider
KUALA LUMPUR, Oct 29 — PKR and DAP lawmakers have furiously dismissed the notion of a secret pact between the two allies to ensure Chinese rule should Pakatan Rakyat (PR) capture Putrajaya.
Instead both parties trained their guns on ex-PKR MP Zulkifli Noordin, who made the claim, calling him a liar who was “spinning tall tales” to serve his “political masters” in Barisan Nasional (BN).
The Kulim Bandar-Baharu MP told Parliament yesterday that there was a “secret contract” between PKR and DAP and that even PAS — a PR partner — was unaware of.
“There is no secret pact or deal at all. This is a ridiculous ploy by Zulkifli who only intention is to split up members of Pakatan Rakyat.
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