Yesterday, I arrived KLIA from KK and my wife from Phnom Penh, after visiting our daughter and grandchildren there.My wife's plane arrived 20 minutes earlier
but she said she would wait for me so we can take the same taxi to our hotel.
Read more.
Wednesday, October 31, 2012
I Just Met A Very Racist Chinese !
Yesterday, I arrived KLIA from KK and my wife from Phnom Penh, after visiting our daughter and grandchildren there.My wife's plane arrived 20 minutes earlier
but she said she would wait for me so we can take the same taxi to our hotel.
Read more.
Sunday, October 28, 2012
Dont Be The Cow That Plough The Bog
Hantu Laut
This country moving towards becoming a truly Islamic state is looking brighter than ever if Pakatan win the Federal government in the 13th GE (General Elections).
That's why PAS is adamant with their plan to implement hudud, they know it's a matter of time before they get what they want. On the other hand DAP ......was it miscalculation or deception?
DAP thirst for power have made their leaders hammy actors lying to their community with complete disregard of the community cultural and religious practices.
DAP has assured the non-Muslims, particularly the Chinese, that hudud can never be implemented in this county without their blessing and those of the other non-Muslim MPs.
This, looking at the probables, is wishful thinking.
Can Muslims garner two-thirds in Parliament?
I believe they can.
They now have, if my guesstimate is not wrong, between 136 - 140 Muslim MPs. The magic number, the DAP perceived elusive target of 148........ the trigger off point needed to amend the Constitution is only short by a hair's breadth. The number would increase if DAP fields Muslim candidates in the 13th GE, which they have promised to do without realising the repercussions of its deception.
They can get the numbers and hudud can become a reality in Malaysia and it will not be PAS that will call the shot. It will come from UMNO MPs throwing their supports behind PAS to spite the non-Muslims. They have more to gain by supporting hudud than opposing it. The extra numbers will come from DAP itself, by way of Muslim candidates fielded by them.
There is a Malay saying "alang-alang mandi biar basah" which will make UMNO MPs throw their support for hudud to teach Pakatan supporters a lesson they will soon learn not appropriate in a pluralistic society.
Buying and selling of politicians in this country is no F-Word, as can be seen by recent events.
Anwar Ibrahim, the purveyor of good moral values with his constant histrionic outbursts against corruptions, has inducted many ex-UMNO politicians into the "Pariah's Hall of Fame". See who are the people he collects to join him in his crusade against corruptions ?
As abominating as it can be, there will always be the opportunistic ones who are prepared to sell their souls to the devil.
It will not be too difficult to get a few non-Muslim ass-kissers to join in the fray for hudud.
This country moving towards becoming a truly Islamic state is looking brighter than ever if Pakatan win the Federal government in the 13th GE (General Elections).
That's why PAS is adamant with their plan to implement hudud, they know it's a matter of time before they get what they want. On the other hand DAP ......was it miscalculation or deception?
DAP thirst for power have made their leaders hammy actors lying to their community with complete disregard of the community cultural and religious practices.
DAP has assured the non-Muslims, particularly the Chinese, that hudud can never be implemented in this county without their blessing and those of the other non-Muslim MPs.
This, looking at the probables, is wishful thinking.
Can Muslims garner two-thirds in Parliament?
I believe they can.
They now have, if my guesstimate is not wrong, between 136 - 140 Muslim MPs. The magic number, the DAP perceived elusive target of 148........ the trigger off point needed to amend the Constitution is only short by a hair's breadth. The number would increase if DAP fields Muslim candidates in the 13th GE, which they have promised to do without realising the repercussions of its deception.
They can get the numbers and hudud can become a reality in Malaysia and it will not be PAS that will call the shot. It will come from UMNO MPs throwing their supports behind PAS to spite the non-Muslims. They have more to gain by supporting hudud than opposing it. The extra numbers will come from DAP itself, by way of Muslim candidates fielded by them.
There is a Malay saying "alang-alang mandi biar basah" which will make UMNO MPs throw their support for hudud to teach Pakatan supporters a lesson they will soon learn not appropriate in a pluralistic society.
Buying and selling of politicians in this country is no F-Word, as can be seen by recent events.
Anwar Ibrahim, the purveyor of good moral values with his constant histrionic outbursts against corruptions, has inducted many ex-UMNO politicians into the "Pariah's Hall of Fame". See who are the people he collects to join him in his crusade against corruptions ?
As abominating as it can be, there will always be the opportunistic ones who are prepared to sell their souls to the devil.
It will not be too difficult to get a few non-Muslim ass-kissers to join in the fray for hudud.
Do you want to be cowed into believing that hudud is not possible or you want to be the cow that refused to plough the bog?
Friday, October 19, 2012
Mitt Romney:A Looming Spectre Of New World Order
Hantu Laut
At a fund raising organised by his friend Marc Leder, presidential candidate Mitt Romney shared his thought about the 47% Americans likely to vote for Obama.
This is what he said "All right -- there are 47 percent who are with him, who are dependent upon government, who believe that, that they are victims, who believe that government has the responsibility to care for them. Who believe that they are entitled to health care, to food, to housing."
Mitt Romney, as I have said in my tweet earlier is not a truthful person, he is what he is, playing the devil's advocate.
He is cut from the same cloth as George Bush...... rich and not care a hoot about the less fortunate American people.
Romney said he has written off that group of voters as he would never be able to convince them to take personal responsibility and care of their lives, not depend on the government too much.
Mitt Romney mindset is no different from that of Bush. He'll take the same hawkish policy and will widen the budget deficit by increasing military spending and bring back a pugnacious foreign policy that could bring the US into possible arm conflicts with Iran, directly or indirectly, North Korea and high diplomatic tension with China.
He has accused Obama of China coddling and failure to take retaliatory action against China, accusing China of unfair trade practices, theft of intellectual properties and currency manipulator.
Romney's tit-for-tat foreign policy will return the US back to the Bush era of global geopolitical instability.
China's naval expedition in the East and South China Seas and her overlaying claims over islands and waters of the Spratly, which have similar claims by five other nations is cause for concern.
China's PLA Navy, which used to play second fiddle to the PLA Ground Force has undergone rapid modernization and is now the second largest navy in the world after the US and is moving fast towards becoming a blue-water naval force causing rising fear in Washington.
As a non-American citizen my big concern is not the US domestic policy but its foreign policy that can change global peace and effect countries in non-aligned pacifist region, particularly, Southeast Asian countries.
The dispute between China and Japan over the Diaoyu/Senkaku islands was one that came nearest to blow.
Diplomatic relations between the two countries has soured to such extent that two top Chinese officials.....Central Bank Governor Zhou Xiochuan and Finance Minister Xie Xuren failed to show up at the IMF and World Bank annual meetings in Tokyo last Friday.The crisis has exacerbated to more than the eyes can see....a diplomatic snub and rising tension.
As Republican president, Mitt Romney may return to the Bush's years of belligerency, and high probability of new hotspots in the Asia Pacific region , particularly, in the East and South China Sea. The Chinese have been adamant to exert its sovereignty over islands and waters of the Spratly.
At Tuesday debate, Romney was asked by a voter, who said she was undecided, because she is disappointed with the lack of progress in the last four years.She said she attributed much of America's economic and international problems to the failings and missteps of the Bush administration.She also said, Romney being a Republican, she fears a return to the policies of the Bush's years, should Romney win the election.
I was not wrong when I first raised the issue in my post "The US Kickass Foreign Policy And China" before others expressed the same fear of this new kid coming on the block and a looming spectre of a new world order.
Phnom Penh
At a fund raising organised by his friend Marc Leder, presidential candidate Mitt Romney shared his thought about the 47% Americans likely to vote for Obama.
This is what he said "All right -- there are 47 percent who are with him, who are dependent upon government, who believe that, that they are victims, who believe that government has the responsibility to care for them. Who believe that they are entitled to health care, to food, to housing."
Mitt Romney, as I have said in my tweet earlier is not a truthful person, he is what he is, playing the devil's advocate.
He is cut from the same cloth as George Bush...... rich and not care a hoot about the less fortunate American people.
Romney said he has written off that group of voters as he would never be able to convince them to take personal responsibility and care of their lives, not depend on the government too much.
Mitt Romney mindset is no different from that of Bush. He'll take the same hawkish policy and will widen the budget deficit by increasing military spending and bring back a pugnacious foreign policy that could bring the US into possible arm conflicts with Iran, directly or indirectly, North Korea and high diplomatic tension with China.
He has accused Obama of China coddling and failure to take retaliatory action against China, accusing China of unfair trade practices, theft of intellectual properties and currency manipulator.
Romney's tit-for-tat foreign policy will return the US back to the Bush era of global geopolitical instability.
China's naval expedition in the East and South China Seas and her overlaying claims over islands and waters of the Spratly, which have similar claims by five other nations is cause for concern.
China's PLA Navy, which used to play second fiddle to the PLA Ground Force has undergone rapid modernization and is now the second largest navy in the world after the US and is moving fast towards becoming a blue-water naval force causing rising fear in Washington.
As a non-American citizen my big concern is not the US domestic policy but its foreign policy that can change global peace and effect countries in non-aligned pacifist region, particularly, Southeast Asian countries.
The dispute between China and Japan over the Diaoyu/Senkaku islands was one that came nearest to blow.
Diplomatic relations between the two countries has soured to such extent that two top Chinese officials.....Central Bank Governor Zhou Xiochuan and Finance Minister Xie Xuren failed to show up at the IMF and World Bank annual meetings in Tokyo last Friday.The crisis has exacerbated to more than the eyes can see....a diplomatic snub and rising tension.
As Republican president, Mitt Romney may return to the Bush's years of belligerency, and high probability of new hotspots in the Asia Pacific region , particularly, in the East and South China Sea. The Chinese have been adamant to exert its sovereignty over islands and waters of the Spratly.
At Tuesday debate, Romney was asked by a voter, who said she was undecided, because she is disappointed with the lack of progress in the last four years.She said she attributed much of America's economic and international problems to the failings and missteps of the Bush administration.She also said, Romney being a Republican, she fears a return to the policies of the Bush's years, should Romney win the election.
I was not wrong when I first raised the issue in my post "The US Kickass Foreign Policy And China" before others expressed the same fear of this new kid coming on the block and a looming spectre of a new world order.
Phnom Penh
Thursday, October 18, 2012
Global Wealth: Experts Not Worth Their Salt
Hantu Laut
Credit Suisse Global Wealth.........with such big name, nobody cares or dares to fault their reports.
Rating agencies or whatever you want to call them are, sometimes, more an abomination of indulgence rather than giving factual result.
I can understand evaluating the wealth of people who control large public listed companies, but how do you go about evaluating private wealth?
While I do not doubt the Singapore figure of millionaires, I believe Malaysia has more than the 36,000 quoted by the agency. It is still a mystery to me what formula they used to measure the wealth of the 36,000 individuals in Malaysia.
Many Malaysians are also tax evaders, cash rich and difficult to evaluate their true wealth.
How do they do it?
Do they send them questionnaires, check their tax returns, check their bank accounts, check their properties and so on, to arrive at a valuation? Because of bank Secrecy Act, no bank will divulge their customers particulars to anyone.
The report also say house prices have gone down by 40% in Malaysia. Ask any Malaysian if they agree with this ridiculous finding.
I can't speak for other parts of Malaysia but Sabah property price has gone through the roof and heading for Cloud 9 for the developers and hell for young people to buy a home. The prices of land have also skyrocketed and profiteering by developers have made matters worse for home purchasers.
A semi-detached house which used to cost around RM200,000 just ten years ago is now costing between RM800,000 to RM1.0 million. I presumed Peninsular Malaysia is no better than what's happening in Sabah. The prices of property in KL hasn't gone down that much either. So! where the figure came from ?
Comparing Singapore and Hongkong with Malaysia may be fair game but Indonesia is a completely different kettle of fish. Indonesia has a population of over 240 million, the 4th largest in the world, and have only 104,000 millionaires, that is horrendously worse than Malaysia.
The report also says "Malaysia was listed among “frontier” wealth countries along with Egypt, Indonesia, Tunisia and Vietnam."
That's probably the biggest gaffe or, maybe, a political fluff coming out of Credit Suisse.
If you have visited all these countries and if you had opened your eyes wide enough, you would see, we certainly are not in the same league. Malaysia is way ahead of these countries in standard of living.
If you have visited all these countries and if you had opened your eyes wide enough, you would see, we certainly are not in the same league. Malaysia is way ahead of these countries in standard of living.
Tabled below is GDP per capita and GDP of the countries concerned:
Countries Per capita GDP (2011) GDP (2011) Bil
_____________________________________________
Malaysia $15,800.- $453
Tunisia 9,600.- 102
Egypt 6,600.- 303
Indonesia 4,700.- 1,139
Vietnam 3,400.- 304
On a productivity/population ratio, Malaysia's productivity per unit economic output is still much higher than Indonesia and all the other countries with the exception of Tunisia, which has a smaller population than Malaysia.
Sometimes, the experts are not worth their salt, or is the survey correctly reported.
KUALA LUMPUR, Oct 18 — Malaysia is projected to have 76,000 millionaires in five years time, but will still be ranked behind Singapore’s 249,000 and Indonesia’s 207,000 people who are expected to be on the rich list in 2017, according to a new global wealth report released this week.
The Credit Suisse Global Wealth Report forecast total global household wealth would increase by an average of 8 per cent annually over the next five years, driven by emerging markets likeChina, Brazil, Malaysia, Russia or India.
Mean wealth per adult is projected to rise to US$67,000 (RM 203,645) by 2017 from US$48,500 this year.
The report said China is expected to surpass Japan as the second-wealthiest country in the world by 2017 while the United States should maintain its leading position.
Credit Suisse said that Singapore was in the list of top ten countries in the wealth-per adult league table, along with Switzerland, Norway, Luxembourg, and Sweden – as well as Australia and G7 members, Japan, France, the USA and the UK.
The report added that notable cases of emerging wealth were found in Chile, Columbia, the Czech Republic, Lebanon, Slovenia and Uruguay.
Malaysia was listed among “frontier” wealth countries along with Egypt, Indonesia, Tunisia and Vietnam.
Credit Suisse said that for 2012, Malaysia has 36,000 millionaires, while Singapore has 156,000 and Indonesia 104,000 in the bracket.
Hong Kong, with 92,000 millionaires this year, will see membership in the rich club grow to 180,000 in 2017. Read more.
Phnom Penh
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