Wednesday, June 29, 2016

Did Bank Negara abused their regulatory power?

Parting shot?

This does not sound like a rational decision on the part of BNM. Thought that such discretionary, bias and impulsive style of decision was only done by Zeti.

Then it must be the work of someone thought to already have their monopause but still having their monthly menstruation.


Bank Negara Malaysia (BNM) power as regulator under Banking and Financial Institute Act 1989 and Financial Sevices Act 2013 is so wide ranging, all encompassing and discretionary that it is a surprise opposition or human rights group never questioned it.

It is heard that BNM allegedly abused this power to stop a sizeable loan arranged for a Foreign Company L to undertake a project of significance in Malaysia which was already approved by a certain Commercial Bank H.

The Commercial Bank is not headed by any fly-by-night banker, but just like former Central Bank Governor, Tan Sri Dr. Zeti Akhtar Aziz, banker Y heading Bank H received international accolade.

In fact, it was Zeti who approved his extension.

Tuesday, June 28, 2016

Shafie's sulking all an act


Dato Shafie Apdal had his membership suspended together with the sacking of Tan Sri Muhyiddin Yassin and Dato Mukhriz Mahathir. Since Shafie did not sign the Citizens' Declaration, he may have got off on a lighter sentence.

Yesterday, UMNO Semporna created news when Shafie's former Political Secretary and assemblyman Datuk Jaujan Sambakongs announced his resignation from the party in protest to the membership suspension. He claimed the division permanent chairman and 317 division and branch leaders followed suit. [Read The Star here]

It could mean principally that Shafie will resign from UMNO soon. His landed at KLIA After performing umrah this morning. Otherwise, why would his supporters leave the party already?

Sunday, June 26, 2016

Say 2/3 profs, I dare you.


Seminggu tidak posting. Intended to see the post-by-elections comments and development first.

One political pundit associated Tun Dr Mahathir with TUDM warships. Warships were the symbol of naval dominance and military might. It fits Tun M's obsession for national pride. Like Tun M, warships make their presence felt as it sails proudly to patrol the Malaysian water.

Each blast of the heavy caliber guns can be heard miles away. However, KD Mahathir attack, defense, decoy and failures are visible. Would have been good should the two squadrons of 88 second hand skyhawk fighter jets purchased in 1985 was delivered.    

On the other hand, Najib was associated with the submarine. Tun M incessant attack on Najib is done openly. His carpet bombing of the undersea with depth charge is only destroying the natural environment but ineffective to dislodge the submerged Najib.

Sunday, June 19, 2016

Mahathir could only give an angry stare ...


On Sunday, exactly last week, Tun Dr Mahathir appeared at Sungai Besar to attend a make shift academic colloquium on 1MDB organised by DAP.

Three days later, it was responded with Arul Kanda appearing in a forum together with National Civics Bureau (BTN) director-general Datuk Ibrahim Saad and Bukit Aman’s Counter Terrorism deputy director Datuk Ayob Khan Mydin Pitchay present.

But, 1MDB is not the subject of this posting. Let us layoff any comment till a posting on it. Waiting out for a certain development.

What is interesting was Tun M's press conference after the "colloquium". He said the two by-elections, which was meant to replace two MPs that died in a helicopter mishap, is a referendum on Dato Najib's leadership.

Saturday, June 18, 2016

It all boils down to transport


What will be the fate of more mature and rational politics today? As we see, it boils down to transport machinery of political parties.

Sorry but we do not quite agree with the view of Ilham Centre that undecided is plus or minus 25% and is the decider. Sample size of the survey is too small and insufficient weightage.

University professors too have been appearing like mushroom after a rainfall to give political analysis. Money must be good in political analysis. Unfortunately, they know shit about the critical political operations.

After all the ceramah, door to door visiting, distribution of pamphlets, viral videos and images, and hanging of flags, posters and banners, the final delivery of votes relies on transport.

Thursday, June 16, 2016

All indications for a more mature and rational politics to come


It's been long since we posted something that one Manager in Utusan Malaysia complained for lack of update lately. "Puasa ...", we replied. So here is a posting ... an opinionated and fairly lengthy one. Quite sure it can be read to pass the time in this fasting month.

As someone who believes in BN as the better choice of political party to lead government, we sincerely hope BN can win both the challenging Sungai Besar and Kuala Kangsar by-elections. Can hear the boo from some obselete corner but hear us out first.

There are many reasons why BN is still a better choice and should win both the by-elections. One not so inspiring reason would be BN as the lesser of the two evils. An opposition lawyer once told us and we quote, "BN can be bad but they (opposition) are worse."

However, the reason to see BN win both by-elections is motivated more by some positive development in it's campaign. Credit also due to PAS for undertaking a similar approach though they got sucked in by their animosity towards off-shoot PAN ... opps sorry, Amanah.

Monday, June 13, 2016

MUSICAL INTERLUDE: Barefoot girl


This is a familiar tune from our childhood when spending Ramadhan with arwah grandfather in Kampong. There was no TV or electricity back then. Surau was a bit of a distance. So the radio was the official timer for breaking fast.

We would gather around the radio to wait for Maghrib azan. The moment the instrumental version of this song is played before azan we would alert everyone, "Dah nak bang, yahi". Yahi is grandfather in Javanese.

The song title is Al Bint El Chalabiya (or Barefoot Girl). It is usually heard being played by RTM in the evening.

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