Wednesday, January 25, 2012

Obama's State Of The Union




President Obama’s Lofty Laundry List On Display in State of the Union

The State of the Union was a well-delivered pastiche of soaring words, vague goals and modest initiatives. Howard Kurtz on why the president’s rhetoric is no longer enough.

President Obama, all but shoved offstage during the Republican primary craziness, had a rare opportunity to grab the spotlight Tuesday night and attempt to answer a question at the heart of his reelection effort:

APTOPIX Obama State of the Union

Vice President Joe Biden and House Speaker John Boehner of Ohio applaud President Barack Obama on Capitol Hill in Washington, Tuesday, Jan. 24, 2012, as the president gives his State of the Union address. , J. Scott Applewhite / AP Photo

Just what does he want to do with another four years?

An election-year State of the Union is a tricky assignment, given that a divided Congress is unlikely to accomplish squat and the incumbent is already under daily assault by those who want his job. So as the halftime act between a pair of Newt-and-Mitt debates, Obama’s challenge was to sketch his vision of the future and rekindle some of the excitement he generated in 2008.

This laundry-list speech was an aggressive attempt, and Obama was savvy to lead off with Iraq and close with a moving recitation of the mission that killed Osama bin Laden. There were laudable sentiments: “An economy built to last, where hard work pays off, and responsibility is rewarded.” That sounds Clintonesque, and in fact Obama recycled one of the 42nd president’s signature phrases, lauding those who “work hard and play by the rules.” This line was a bit more bumper sticker-ish: “No bailouts, no handouts, and no copouts.” (Except he did help bail out the banks, and boasted in the speech about rescuing General Motors.)

But the bar may have been impossible to clear. Three years into an ailing economy, words are no longer enough. The state of our union may be “getting stronger,” but Obama knows it’s not strong enough. And to briefly call for “comprehensive immigration reform,” when the White House never mounted a push for the legislation, simply falls flat.

The speech’s subtext is that Obama stands for middle-class fairness while his Republican opponents are champions of the wealthy.

The president acknowledged the perception that “Washington is broken,” and called for Congress to reform itself. Anyone want to take bets on that happening?

Obama offered a number of small-ball initiatives, such as asking companies to work with community colleges on hiring. And there were lofty promises, such as urging schools to reward good teachers, with no concrete proposals attached. And even if there were, where would the money come from with both parties arguing over the deep budget cutbacks mandated after the supercommittee’s demise? Read more.

Monday, January 23, 2012

If You Think Malaysia Is Bad, Read This!

The sleaze that shames Seoul
By Aidan Foster-Carter

Quite a contrast, aren't they, the two Koreas? One is a weird, weepy-creepy, nasty dynastic dinosaur. The other is ultra-modern, hi-tech, dynamic and vibrant: a stunning success story. So much so that in November the Economist headlined a feature on South Korea: "What do you do when you reach the top?" [1] (Their answer: Tweak a few things here and there.)

Top of what, though? Exports are one thing, but virtue is another. Those of us who enthuse and root for South Korea have a problem. Amid all the glitter, there are some bits that stink.

I keep a running file on Korea called "Corpulent Governance" (geddit?). It's always full, sad to say. Right now, it's

overflowing. So here are some tales to make you hold your nose - or retch, or weep. It gives me no pleasure to write thus, but this stuff has to be faced up to.

First up, the chaebol (conglomerates). Many top Korean companies, including household names, are run by crooks. That's not a libel; it's a fact. The chairmen of Samsung, Hyundai Motor, SK and Hanwha - the first, second, third and tenth largest business groups - have all been convicted of crimes in Korean courts of law. And three of them (guess the exception) have spent time behind bars - though only serving a fraction of their supposed sentences.

Usually it's financial, but not always. In 2007 Kim Seung-youn, the chairman of Hanwha - founded as Korea Explosives, but now inter alia Korea's second largest non-bank financial group, big in insurance - hired goons to beat up some guys who got in a fight with his son; even wielding a metal bar himself. [2]

Sentenced to 18 months, Kim pleaded ill-health and was out in no time. The Korea Times recently called Kim a "Dragon CEO" (he was born in 1952), noting wryly that the mythical beast may remind people of this event. [3] No one seems to care.

Unbelievably, this was the man whom last year South Korea chose as a leading lobbyist in its (successful) bid to host the 2018 Winter Olympics. As the Financial Times commented: "Let's hope he has some more gentle means of persuasion at his disposal than steel pipes." [4] Seoul must have decided it needed to send a heavy hitter, if you'll pardon the expression.

Another such thug is at least behind bars where he belongs. Chey Chul-won - a cousin of SK chairman Chey Tae-won, and former CEO of SK's logistics affiliate, the aptly named Might & Main (M&M) - received an 18-month jail sentence last February for beating a laid-off truck driver with a baseball bat.

Yoo Hong-joon had staged a one-man protest for months outside group headquarters in Seoul. One day Chey called him in, hit him repeatedly with other executives present, and then threw checks at him as "compensation". [5] Charming.

In his defense, Chey claimed that what he did was no worse than goes on in the army every day. (South Korea still has universal male conscription.) It turned out he'd earlier threatened a woman living in the apartment below his - again with a baseball bat, and with three club-wielding goons in tow - after she complained about "extreme" noise from upstairs. Police were called, but laid no charges. Afraid, the woman and her family moved out, sharpish. [6]

But more often, as I said, it's money. Take the three largest chaebol. Though successful as businesses, all are marred by financial malpractice - but have only had their wrists slapped.

Since the old Hyundai group broke up, Hyundai Motor is the number two conglomerate. It has grown to become the world's fifth largest car-maker, led by Chung Mong-koo - who in 2006 spent two months in jail prior to conviction in 2007 for embezzling US$100 million to create slush funds. Sentenced to three years, he never went back inside; a judge ruled that the economy needed him. And in 2009 he got a special pardon from President Lee Myung-bak. [7] Read more.

ENTER THE DRAGON - GONG XI FA CAI 2012










At midnight on January 23, 2012, Chinese people around the world will welcome the new year, ushering in the Year of the Dragon.


The Dragon is a creature of myth and legend. A symbol of good fortune and sign of intense power, the Oriental Dragon is regarded as a divine beast - the reverse of the malicious monster that Westerners felt necessary to find and slay. In Eastern philosophy, the Dragon is said to be a deliverer of good fortune and a master of authority. Therefore, those people born in Dragon years are to be honored and respected.

WATER DRAGON

Water has a calming effect on the Dragon's fearless temperament. Water allows the Dragon to re-direct its enthusiasm, and makes him more perceptive of others. These Dragons are better equipped to take a step back to re-evaluate a situation because they understand the art of patience and do not desire the spotlight like other Dragons. Therefore, they make smart decisions and are able to see eye-to-eye with other people. However, their actions can go wrong if they do not research or if they do not finish one project before starting another.

Saturday, January 21, 2012

GONG XI FA CAI


















GONG XI FA CAI: HAPPY CHINESE NEW YEAR TO ALL MY READERS,FRIENDS,RELATIVES AND FAMILY.MAY THE YEAR OF THE DRAGON BRING GREATER PEACE AND PROSPERITY TO MALAYSIA.