Showing posts with label 1Malaysia. Show all posts
Showing posts with label 1Malaysia. Show all posts

Thursday, July 11, 2013

My Way, The UMNO Way


Hantu Laut

Change, reform, transformation, reconstruction, renewing, or whatever name you want to give it,  if you take no effort to do what you preached, you'll eventually be fucked!

Kaput! 

If it is not now, it's a matter of time, the crunch will come.

Reforms and transformations are words that have been tossed around since Mahathir left the scene and the "wimps" took over and promised change they had no desire to carry through.

Frankly, I think UMNO had no desire to change. UMNO is  hellbent in running the country the way they deemed fit, running it to the ground.

There are many bloggers like me that have been supporting their cause for nothing and are tired and have had enough of defending people who had no desire to change.

How many times have we heard the word uttered whenever the party's barometric level goes up and stormy weather looms ahead?

Former Prime Minister Ahmad Badawi had said it umpteen times since March 2008, but nothing had came out of it. The only change that happened was changing of the guard in UMNO from Badawi to Najib, who like his predecessor has also uttered "CHANGE" umpteen times yet change remained empty war cry.

Now, the Malay first, Malaysian second Deputy Prime Minister says the same thing that "UMNO must change if they want to stay relevant"

Will they ?

The Malays in the streets knew very well they have always been taken for a ride and gotten raw end of the deal, more often than not, would not have benefited from the "ketuanan Melayu" bullshit. The NEP was to serve the interests of UMNO leaders and warlords. 

Maintaining the status quo had become so irresistible to these leaders, come what may, they will not change. Even low ranking UMNO leader can make a fortune if he knows which apple to polish.

One have to go round the country to see the sub-standard and shoddy works of completed government projects that have gone through the UMNO laundry machine.

One can see the extent of the power and influence of the UMNO warlords by the Prime Minister's recent action of appointing those dropped at the last elections with cosy and rewarding jobs in GLCs and other government agencies. 

UMNO elected members continue to show their revolting habit and lack of intellectuality by asking anyone that criticises the government or Malay rights to migrate to other countries. 

How much shallower can you get with this kind of response?  

Najib, whom many had been looking forward to execute radical changes had been a big disappointment so far. Can we expect him to bring about meaningful changes? 

He is still surrounded by the same old people, the same old politics of patronage, cronyism and nepotism. He has to pay tributes to these self-serving bloodsuckers and re-appoint them to pivotal positions in government and government agencies.

His sovereign vehicle 1MDB had become the butt of jokes and laughing stock of the financial world after paying the highest fee ever, 7.7 % of the face value of the bonds to Goldman Sach for underwriting fees. The industry average for that year was 1.32 % for junk bonds. 

The Malaysian government had given a "Letter Of Comfort" to Goldman Sach, which they say did not amount to a guarantee. Who are they trying to fool, themselves or the Malaysian public? 

1MDB is wholly owned by the Malaysian government and in the event of a default the Malaysian government, with or without the "letter of comfort" will have no choice, in order to save its world's credit rating and credibility will have to make good the default and pay up. That's your money and mine!

The people at Goldman Sach know it, the people at 1MDB don't, they are bluffing themselves and the Malaysian people.

I presumed the bonds are US$ denominated and the currency may go north or south making the bonds vulnerable to foreign exchange currency fluctuations. If the US$ goes north at maturity than bad luck for 1MDB, they may incur huge forex losses.

It may not be too late for Najib to kick asses at 1MDB, remove those morons and replace with people who know the business.

UMNO may still be able to keep the rural Malay votes in the Peninsula, but Sabah and Sarawak may be gone. No more fixed deposits for BN. It will just be UMNO against the rest of the country. 

The erosion of KDM votes in the 13th GE in Sabah is a prelude to a wind of change. The same scenario prevails in Sarawak.


Sunday, April 24, 2011

Why We Should Say Yes To 1Malaysia Email.

Hantu Laut

The whole idea is ill-conceived, ill-advised and smell of a rat.

If it was a private sector initiative than the Prime Minister should have stayed clear of making the announcement himself. Whoever mooted the idea to him are looking at their own vested interests and misread public apathy.

The proposed vehicle is a GN3 status company listed on Bursa Malaysia.It virtually created suspicion that this could be yet another bail out of an ailing crony's company.The fiasco played into the hands of the oppositions and a mockery of yet another 1Malaysia catchphrase.

The PM had been ill-advised.Maybe, he should drop some of his advisers particularly those making perilous blunders.

Having a made in Malaysia email carrier is not a bad idea after all if it adheres to the free market.

Most email carriers are advertising-support and the service is provided free to anyone to use.

Unless Tricubes operate under the same competitive environment and provide interactive media and links to resourceful information it will suffer repugnant rejection.

"Hotmail" renamed "Window Live Hotmail" is currently the largest web-based email service and offer unlimited free storage.We are spoilt for choice. Gmail which is catching up fast is now the choice of many.Big storage, intelligent and free.

Surely, one should not object if it is a private sector initiative but what is very
perplexing is why the Prime Minister had to make the announcement.Was it initially supposed to be a government initiative and an about turn was made in view of the protests?

The government should not give favour to Tricubes by compelling government departments to subscribe to Tricubes services.The people would be watching closely.

To whoever behind Tricubes I wish them good luck.Hope they can be Sabeer Batia and Jack Smith, hopefully, not a dead cat.

Friday, March 19, 2010

The Errand-Boy Of Lim Kit Siang.

Hantu Laut

The left,the right and the middle.Whatever.Does it matter what sloganeering you use as long as the message is clear and well understood by the people?Does it matter if 1 Malaysia is copied from the 1 Israel concept? If it is good why not copy it.Since you mentioned it, don't you think what you say can be construed as a racist remarks, that Malaysia should not copy the Jews because they are evil people.

Throughout our lives we have copied almost everything from the West.Our Islamic world is even more screwed up now than before where many inventions and sciences came from.The European Renaissance was founded on Islamic civilisation.Now, we are beggars to their technologies.

What the big fuss, Anwar? Aren't you much closer to the Jews than Najib is. You have made yourself a world player and the world has become your oyster.You have many friends overseas who are prepared to stick their necks out for you.Your overseas friends can see no fault in you, they can only see a government armed in conspiracy to harm you.

My sincere apology, the Jews were actually from the Middle East.It could well have been the Middle West, but, unfortunately, for us Asians most history books were not written by us.In fact, almost all history books were written by the Westerners.Naturally, with the guns and pens in their hand they have the first choice to write whatever they like and to name names as they deemed fit.

You are running out of issues and wasting precious parliamentary time to attack Najib's 1 Malaysia concept.There are other more pressing issues like the future of the economy,poor public transportation system, the high costs of living, inadequate public health care and other critical matters that directly affect the peoples lives.These are things you and those of your ilk should be concerned with but show no interest at all.You are more concerned with injecting venoms into the peoples mind that 1 Malaysia is a farce.

What is so difficult about understanding the 1 Malaysia concept.Even my five-year old granddaughter understands it as 'bringing all Malaysians together as one'.Only people like Lim Kit Siang and you seemed not to understand such simple 'in an eggshell' slogan and spend so much time trying to kill it before it kills your stupid 'Middle Malaysia' which if taken from its socio-political definition means you are only interested in the Malaysian middle class. DAP will eventually lead you and Pakatan to be a party of the bourgeois.

Middle is more ambiguous than one.As in 'Middle America' denotes small town or surbarban middle class and in the case of 'Middle England' non-urban middle class and 'Middle Australia' subarban middle class.So, what is 'Middle Malaysia' that the DAP is promoting? Are they only interested in the bourgeois class?

Surely, DAP's 'Middle Malaysia' means the urbanite middle class, exactly where their supports came from in the March 2008 General Elections.They are not interested in the lower income group and rural poor whom they think are too stupid to make major changes to the political mindset.

Someone suggested that Middle Malaysia is the same as Malaysian Malaysia.It is definitively not the same.Malaysian Malaysia was seen as a dirty word coined by Lee Kuan Yew to make every Malaysian 'equal among equals'.That,unfortunately, caused panic among the Malays who in the early stage of independence are still left far behind in term of economic development.The Malaysian Malaysia concept if accepted at that time would have killed the Malays economically and Lee Kuan Yew knew exactly that would be the case but yet pursued it assiduously leaving the then Prime Minister Tengku Abdul Rahman with no choice but to kick Singapore out of Malaysia.Lee, has never looked back ever since.DAP is a spitting image of the PAP, entailing the same concept and policy with even more chauvinistic fervour.

While, on the other hand he persists that UMNO is a racist party with racist policies, he also opposed Najib's attempt to dismantle the colour barrier and bring all Malaysians together as one people and a nation united as one.

What is wrong with you guys or was it because 1Malaysia is becoming a threat to Lim Kit Siang's Middle Malaysia?