Archive for October 25th, 2015
Mr Speaker, Sir: You are primarily responsible for Kit Siang’s suspension!
Posted by Kit in DAP, Parliament on Sunday, 25 October 2015
P.Ramakrishnan
Aliran
25th Oct 2015
The Speaker, Pandikar Amin Mulia, stated that the MPs, not the Speaker, made the decision to suspend Getang Patah MP Lim Kit Siang from the Dewan Rakyat. His claim is not entirely true. He is trying to extricate himself and convey the impression that he was blameless in this episode. But he had a hand in this unjust suspension.
The Speaker cannot push the blame to others and absolve himself for the suspension of Lim Kit Siang from Parliament. Try as he may, but he cannot escape the fact that he was primarily responsible for this eventuality. He set the ball rolling. The others took the cue from him.
Mr Speaker, Sir, you said, “Please tell Gelang Patah, the next time he comes, he must apologise unconditionally and retract his remarks as he had said that I abused my powers as Speaker. This is an insult of the first degree. If he refuses, a motion will be tabled and he will be suspended if the House passes it.” Read the rest of this entry »
Battle between Najib’s 300 UMNO chieftains and the three million UMNO members will be a major factor to determine the fate of Malaysia
Posted by Kit in Najib Razak, UMNO on Sunday, 25 October 2015
The reservations and opposition by UMNO leaders, like the UMNO Deputy President Tan Sri Muhyiddin Yassin, Vice President Datuk Shafie Apdal and former UMNO Deputy President Tun Dr. Mahathir Mohamad about the Prime Minister Datuk Seri Najib Razak’s role in the two mega scandals in the country – the RM50 billion 1MDB and the RM2.6 billion ‘donation’ in Najib’s personal banking accounts – and by the 14 UMNO Branches in Telok Kemang calling for Najib’s resignation must be given serious consideration.
In fact, the battle between Najib’s 300 UMNO chieftains and the three million UMNO members will be a major factor to determine the fate of Malaysia, whether Malaysia will hurtle headlong to become a rogue and failed state because of breakdown of rule of law, rampant corruption and abuses of power, and the collapse of good governance or whether Malaysia can pick herself up, re-strategise and reunite to strike forward to fulfill our national potential when we were on verge of becoming one of the Asian tigers before the 1997 financial crisis.
I agree with former International Trade Minister Tan Sri Rafidah Aziz that Malaysia can rise from its current state again as the country has all the factors for success. Read the rest of this entry »
Najib’s 2016 Budget made history as a budget which could not generate any budget euphoria as it was snuffed out within seconds of delivery by phalanx of Opposition MPs standing up and displaying “Mana RM2.6 billion” placard
Posted by Kit in Budget Debate, Financial Scandals, Najib Razak, UMNO on Sunday, 25 October 2015
Prime Minister-cum-Finance Minister Datuk Seri Najib Razak’s 2016 Budget made history as the first Malaysian budget which could not generate any budget euphoria as it was snuffed out within seconds of delivery by the phalanx of Opposition MPs standing up and displaying the “Mana RM2.6 billion” placard.
Normally, the budget presented by a Finance Minister in Parliament on a Friday would be able to generate a budget euphoria for weeks, or at least for the immediate weekend, with glowing economic reports and superlative accounts of the government’s budgetary plans, but Najib’s 2016 Budget failed dismally on this account, with the country overcast with hazy sky and noxious air which for weeks had closed schools, disrupted the economy and created havoc in the life of Malaysians.
In fact, events in the 24 hours after Najib’s delivery of the 2016 Budget had continued to be relentless in stamping out any ember for any post-budget euphoria, for instance:
1. the report by The Australian yesterday that a sixth foreign government, Australia, has joined five other countries, namely Switzerland, United Kingdom, Hong Kong, Singapore and United States in the ever-widening international inquiry into Malaysia’s biggest scandal in history, the RM50 billion 1MDB (well exceeding the RM42 billion normally associated with the scandal, according to Tan Sri Muhyiddin Yassin in his last speech as Deputy Prime Minister to the UMNO Cheras Division on July 26); Read the rest of this entry »
Can Malaysia withstand external headwinds?
Posted by Kit in Budget Debate on Sunday, 25 October 2015
Penang Institute
Malaysiakini
24 Oct 2015
In the last year or so, the Malaysian economy has been affected by two main external headwinds. Firstly, the fall in commodities prices has dented the country’s finances. Secondly, the possibility of US increasing its interest rate has caused some repatriation of foreign investment funds, thus affecting investment climate and ringgit’s value against major currencies.
Therefore, can the Budget 2016 help the country withstand further external economic headwinds given that the US Federal Reserve has hinted that interest rates are projected to rise? A separate press statement will cover the Budget’s impact on households. Read the rest of this entry »
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