The Cabinet must grapple with many issues tomorrow including:

*The Malay Rulers’ Statement of Oct. 6 expressing the Rulers’ concern about the state of the nation, with a multitude of national crises, whether politics, economics, good governance or nation-building as the Cabinet had failed to address Malay Rulers’ Oct. 6 Statement at its meeting last Wednesday;

*The twin mega scandals of the RM50 billion 1MDB and the RM2.6 billion “donation” in Prime Minister, Datuk Seri Najib Razak’s personal banking accounts with the almost daily developments and revelations of these two mega scandals conspiring to put Malaysia continuously in the national and international spotlight as the classic example of a nation with great promise to be the showcase to the world of a multi-racial, multi-religious, multi-lingual and multi-cultural nation which is also a great economic and political success but is now stumbling and on the verge of becoming a rogue and failed state.

*How to avert Malaysia from falling victim to a “Perfect Storm” with a conjunction of political, economic, good governance and nation-building crises, as evidenced on the economic front by the quadruple sharp fall in the value of the ringgit , the stock market, the international reserves and the exit of foreign capital; on the political front, the spectacle of the government and UMNO in serious fracture, fragmentation and disarray; on the good governance front with the Prime Minister backing out of officiating the 16th International Anti-Corruption Conference (IACC) hosted by the government in Putrajaya for fear of “hard questions” by the 1,000 delegates from 130 countries on Najib’s anti-corruption record; and on the nation-building front, the rearing of the ugly heads of the extremist and provocative politics of race and religion like the racist Sept. 16 Red Shirts rally in Kuala Lumpur. Read the rest of this entry »