Tuesday, August 14, 2018

MUSICAL INTERLUDE: Revolution



Revolution

By The Beatles

You say you want a revolution
Well, you know
We all want to change the world
You tell me that it's evolution
Well, you know
We all want to change the world

Monday, August 13, 2018

Surely Tun Daim ... Man Koboi for SC Chairman?


Blogger Big Dog's growl towards a lawyer Dato for ridiculous expectation on Lembaga Tabung Haji came off as a surprise. Why is the newly appointed Chairman, Tan Sri Mohd Nor Yusof rather quiet?

According to sources familiar with corporate figures of Tun Dr Mahathir's first time as Prime Minister, Mohd Nor Yusof is associated with Tun Daim. Recent appointments to PNB, Khazanah, BNM, and Petronas was noticeably aligned directly or indirectly to Mahathir or Daim.

Positions to head Bursa Malaysia and Securities Commission are still not fulfilled. Bursa CEO, Dato Seri Tajuddin Atan tendered his resignation in June and it is still headless. There is widespread head hunting exercise but no takers due to the low salary.

Government must be in a bind to fill-up the large number of vacancies that even Dato Ahmad Azman bin Dato Abdul Manaf or Man Koboi to his MCOBA friends is considered acceptable for the position of SC Chairman.

It was Utusan Malaysia that broke the story yesterday. Unless it is a decoy before a surprise announcement, The Star reported Azman as the likely candidate.

Sunday, August 12, 2018

More to the call on UMNO to distance from Najib


Though losing the Sungai Kandis by-election, BN claimed there were positive indications. However, analysis has no value as it is too early, and the seat is a lubuk (goldmine) of PKR.

The pre-mature confidence became the basis for Dato Johari Gani to question the strategy to put Dato Najib in the forefront of the campaign. [His statement at the end of the posting].

It became an interesting debate on the role of Dato Najib in UMNO and the way forward for UMNO. Interesting because it is not the practise of UMNO to express such manner of views openly and with such frankness.

The spirit of Malaysia Baru has got the better of UMNO.

In the midst of the exchange, Tan Sri Annuar Musa suddenly made statements out of context to the current subject thus making it possible there could be more than midst the eye.

Friday, August 10, 2018

Guan Eng's stolen GST accusation will fall flat on his face


That is writer of the blog Third Force, Reggy Jessy ridiculing Lim Guan Eng for wanting to auction off the believed to be illegally seized superyatch Equinimity.

The new cabinet members have many versions of Ahmad Maslan, the former Deputy Minister who was the favourite target of then opposition and public for ridicule.

Since then, there is a Mat Maslan II emerging as in the education Minister, Dr Ahmad Maszlee. Young Syed Saddiq continued to utter senseless and inconsistent remarks everytime his mouth opens up in front of the press.

Now that they are in government, opposition leaders like Mat Sabu, Salahuddin Ayub, Saifuddin Nasution, Teresa Kok, Khalid Samad, Zuraidah Kamaruddin, Kulasegaran, and even Azmin recently with the "met Singapore official on HSR" boo boo turned out to be splitting images of Mat Maslan.

Unfortunately, the bigger Mat Maslan as in Lim Guan Eng went un-noticed.

Wednesday, August 08, 2018

No charge on 1MDB but lingerie for propaganda machinery



Malay Mail broke a rumour yesterday claiming Dato Najib will be arrested when he present himself for further statement at MACC yesterday.

A source claimed Najib will be locked up over night and be presented to court today for three more new charges for money laundering (AMLA). .

Najib was not locked-up but The Star this morning reported MACC confirmation.

When the rumour first broke, there were many reaction to the rumour from questioning when will the charges on the few years of accusation made on 1MDB to why cheap shot of only AMLA.

There were snide remarks by few lawyers in our WA group. The claim of rule of law under the  new government is made fun off. And, the Attorney General's withdrawal of  outstanding cases against PH leaders and a matter of time, Lim Guan Eng's corruption case too were raised.

Coincidently or by design, Indonesia announced they have seized the superyatch allegedly belong to Jho Loh and it turning it over to the Malaysian authority yesterday.

It is supposed to be an attention diversion from many issues pervading the new government.

Monday, August 06, 2018

Hasanah seeking CIA help, but US State Dept helping PH?


A letter sent by the former chief of Malaysia’s espionage agency, Datuk Hasanah Abdul Hamid to the US Central Intelligence Agency (CIA) prior to the election created much hue and cry by a lawyer, leaders, and youth leader aligned to the new government.

It was a matter of time she would be made an issue following police raid of her home at Seri Kembangan [It is reported by news portal, World of Buzz on May 22nd here]. It could be a fixed up job but she is not exactly popular and may not get much sympathy by those in the know. 

Words are she viewed Dato Hamid Badur as a threat to her position and psyched him into resignation by providing him an empty office with only a table and chair. She was said to be in a office quarrel that extended into bomoh being employed. And, talk is she questionably took up the bulk of the election campaign budget for operationally worthless system and laughable strategies.     

Her alleged abuses and exploits is now water under the bridge. Personally, her letter is uncalled for and though some defended it as quite acceptable, it's rather naive to put such views in writing. More on that later.

A top official of a US State Department-funded body linked to the Republican party, International Republican Institite admited working together with the then opposition to "throw out" the government. For few general elections, it is an open secret but the video acknowledged the covert operation between the US and the then opposition.

The letter to CIA exposed Hasanah as not quite intelligent. The pertinent question is whether the collaboration by PH with IRI is not treason too?

Thursday, August 02, 2018

Only reason plausible, Guan Eng is anti-Chinese racist


These days, it is easy to discredit any claim or demand by Malays for any of their rights and interest by brushing it as racist. Other race or self interest group can demand the sky and get away with it.

New education Minister, Dr Mat Maszlee could apologise and succumbed instantaneously to approve demand from DAP for refusing budget to no constitutional obligation and not high priority private Chinese school and UEC certification.

When he had to explain in Parliamant as why to he issued a statement in Mandarin without a Malay translation, there was no genuine remorse in his apology.

Lim Guan Eng issued an official statement in Chinese without neither Malay or English certification. No apology was deemed necessary and the excuse, if memory did not fail us, was oversight.

It is temptng to fall for the common cliche that it is discrimination against Malay and racism by DAP Chinese. Naturally not when Guan Eng reiterated that he is Malaysian first. One should ignore any claim DAP rallies mentioned about using the Malays to achieve Chinese dominance.

However, Guan Wng could be anti-Chinese, and indirectly a racist...

Monday, July 30, 2018

Under test, Mahathir fight on corruption and Tommy Thomas integrity


Tun Dr Mahathir claimed he inherited a government riddled with corruption on CNN would appease the "üneducated" majority of voters in a state of euphoria.

That is unless the long list of broken promises and excuses that could be stretched into a booklet had not douse the enthusiasm. .

The politics behind such claim is glaring. Rocky Bru's latest posting humoured the interview with a picture of Pak Lah replying, "So did I."

Any regular readers should have notice that this blog do not take seriously any statements with insidious political undertone.

The same with the Mahathir's chest thumping claim his new government will be better and cleaner to another foreign media in early July.

It was to prep up for his announcement on a series of measure to ensure a clean and corrupt free new government.

Friday, July 27, 2018

Malaysia risk international isolation due to Mahathir's politics


Since the last posting HERE, Tun Dr Mahathir admitted in Parliament that Japan may not provide the low interest loan new government needed but excused as bringing the cost down.

However, it is only typical Mahathir's logic for the uneducated public and not likely to be the real reason. He should have learned his lessons from getting whacked by the foreign exchange market twice.

And Mahathir would have realised the Japanese non-committal, but polite, gesture during his first overseas visit as PM again to Tokyo.

Pre-empting that possibility, Mahathir sent Tun Daim to meet Prime Minister Li Keqing to deliver a letter last Wednesday July 18th. It is likely the prequel to his 5-day visit to China to meet President Xi Jinping beginning August 17th.

However, domestic happening ruined the plan. It opened the Council of Eminent Persons (CEP) to attack and the visit is not likely to appease the infuriated China. In fact, Malaysia run the risk of being isolated internationally.

Mahathir should restart Langkawi International Dialogue to make him look good as though he is the leader of the third world countries of Africa, South America and Asia.

Thursday, July 19, 2018

Is Nikkei hinting Japan's reluctance to Mahathir's request?


The public is excited over the cheap branded-species durians found in abundance by the roadside these days. However, they do not realise it is indicative economic powerhouse China has retaliated economically.

Palm oil prices and latex has fallen below cost and plantation companies are looking at loses. Millions of farmers are facing the prospect of poverty level income. The silent retaliation has impacted on tourism, stock market, bond market, and ringgit.

It is no secret during and after the election that Tun Dr Mahathir is severing the economic ties with China built by Dato Najib on the long friendship established by his father. The storyline Mahathir wish to create for his fellow PH politicians is he is moving back to his old friend, Japan.

But on the same July 10th that Japan Forward wrote, "Malaysia’s Mahathir Says, ‘Look East’ to Japan, Away from China", Nikkei Asian Review published a damaging article, "Mahathir's economic vision a hard sell for investors."

Three days ago, July 16th, NIkkei continued its pessimistic tone in an article, "After the upset: What Mahathir's return means for Malaysia" with the poser on the 93 year old ability to deliver the high hope of youth. Is the mouse fixing the pumpkin?

NIkkei is the world's largest circulation financial newspaper. Its political leaning is described as moderate conservative but its humble beginning as an in-house publication for one of Japan's largest sogososha, Mitsui & Co. maybe reflective of Japan's view of Malaysia.

Monday, July 16, 2018

Spinning confidence need be sensibly done



In December 11, 2017, The Edge reported the Senior Vice President of UOB Malaysia forecasting ringgit to strengthen for 2018  from the level than of 4.07 to below the psychological level of 4.00.

That was a gutsy, specific and justifiable forecast made. The details HERE. Ringgit was flat that month before US dollar nosedive against ringgit to actually went as low as near 3.85.

Unfortunately, the economic senario took a different course and all the markets went under with ringgit weakened sharply and is expected to weaken further.

Confidence level on the economy, and the country is low. The euphorio is not over, but it will be once public realised the economic mess the new administration made. Lim Guan Eng screwed it big time with his so-called I am telling the truth bull.

After latex down and oil palm below RM2,100 per tonne, ringgit is expected to be do a sharp nose dive against US dollar. The opposite to the US dollar nosedive against ringgit the last time around.

Expectedly, the power at be are seeking media and analyst to avert the inevitable by painting a rosy picture and shed some confident on ringgit. Consequently, NST report yesterday reported ringgit can strengthen with a headline of 3.20.

Heaven's to Mega Troud! Ringgit is now 4.0250. At least, spin the story intelligently.

Sunday, July 15, 2018

Dear KJ from a Gen Y


There was a subsequent reaction from YB Khairy Jamaluddin on the appointment of former Attorney General, Tan Sri Apandi Ali on UMNO Supreme Council.

Apandi has since rescinded on the offer citing the controversy his appointment could attract. If retired Court of Appeal judge, Dato Mohamed Ariff bin Yusof could accept appointment as Speaker for Dewan Rakyat, why not Apandi.

Perhaps, being associated with 1MDB and 1MDB related debacle is a major hinderance to any involvement with UMNO.

Back to KJ, his earlier comment on the direction of UMNO did ruffled some feathers.

One would have thought he appealed to the Gen Y but one reporter of that generation, Zaidi Azmi wrote a Dear KJ on his Facebook:

Wednesday, July 11, 2018

Better not be Rais but a judge


Pakatan Harapan leaders met last Sunday to discuss the appointment of the Speaker for Dewan Rakyat i.e. Parliament. The announcement is expected today or tomorrow, if Tun Dr Mahathir is still trying to manouvre his way.

For quite sometime, words have been going around that Mahathir wanted Tan Sri Rais Yatim to be appointed Speaker but was resisted by the other leaders of PH. Sources claimed Mahathir asked for UMNO support from Dato Seri Dr Ahmad Zahid Hamidi in the meeting at Yayasan Kepimpinan Perdana prior to the party election together with his offer for UMNO MPs to join PPBM.

These days many loyal members of UMNO are questioning the loyalty-bility of their leaders and elected wakil rakyat, who could selfishly jump ship without giving due consideration to those who supported and voted for them. The selfish and betrayal acts of politicians raise concern of their integrity.

Though it is not the main concern in the third world politics of Malaysia, where political pundits are in awed with the slight of hands in the manouvering of politicians, irrespective whether it is morally and ethically correct, Zahid knew that it was inappropriate.

Be that as it may, PH government will find it hard to claim they are creating a new Malaysia with a highly inappropriate choice as Speaker. They should not choose Rais.

Tuesday, July 10, 2018

Handcuffed, chained for misdemeanor offense

Montage created from Bernama twitter report here

Tun Dr Mahathir denied he was vengeful but to those discerning eyes, not still in pampers and baby pacifier between 1981 to 2003, it is not believable. Not with the overtly aggressive actions of police, and MACC.

And, not with his recent statements and speech yesterday advising civil servants and politicians to be honest, avoid corruption and not enrich themselves, family and friends.

On the back of vengeful and witch hunting on civil servants, politicians and GLC CEOs throughout the country being removed drastically through dismissal, or immediate transfer or force resignation, there was a similar but small happening in Shah Alam yesterday.

A senior officer of MACC was handcuffed and chained by police to Shah Alam court to be charged for a relatively misdemeanor offense under the penal code.

Tuesday, July 03, 2018

Low-contribution Khazanah management need revamping


The Mole's column last week, Replacing GLC CEOs: Financial constraint or politics?, discussed the plan by new government to change the CEOs of GLCs.

The arguments against the idea is the disruption to the running of smooth running of government, politically motivated move, out dated practise, scepticism over high salary as the basis, and pay peanut, get monkey.

While, the argument for the sacking is financial constraint, loyalty to previous government, top executive self reward themselves, and GLC success is attributable to their government linked than CEO capability.

Be that as it may, a particular comment caught our eye:
If an organisation pays their top executives Singapore-level salary scale but contributes less than one per cent annually to government coffers, by all means, the Trump-style “you are fired!” is justified.
From a mile away, one could spot the target is Khazanah. Who will get fired at Khazanah?

Saturday, June 30, 2018

Reality bites on the reborn


During Hari Raya on the second day at the house of a VVIP, a son of the host's close friend was loudly talking of new hope from the change of government.

The lad works in Tokyo and has a Mat Salleh wife. There was no slang in his English - American or British or Ossie - but the fluency tells that English is the family's first language and his Malay is rather pelat.

His profession was IT thus his profile is a dead giveaway on his level of knowledge and understanding on the matter he commented.

Nevertheless, we should celebrate his aspiration. It is that of our's too but different in choice, experiance and pragmatism.

Talking of pragmatism, has reality bite on the new government and the public of the new government?

Thursday, June 28, 2018

Is Tommy capable of preparing the 1MDB, SRC and AMLA cases against Najib, Rosmah?


Over tea that stretched to dinner yesterday with a lawyer involved in a well known case, the subject of Tommy Thomas as new Attorney General came up.

The politically neutral and fairly level headed lawyer said, it would not be easy for him to be AG but not be involved in prosecution.

Tommy is good in his private practise on constitutional law, civil cases and contract related matters but he has no experience in building cases.

Defense lawyer work is easier as one only need to punch holes into the public prosecutor's case. The burden of proof on public prosecutor is heavier. The reason cases need to be almost 100% solid or if it could be quantified, 95% sure before taking to court to be punched holes by defense lawyers.

In the light of many cases coming up, in which the court of public opinion dubbed certain individuals as wrong, it maybe a different story in the court of law.

Tommy's statement to confirm receiving MACC's Investigative Paper and forming two teams to study it suggest few implications. The previous AG only needed only one team.

Former Chief Justice, Tun Abdul Hamid likened the manner Tommy operate as AG to a private practise lawyer.

Wednesday, June 27, 2018

Finally, MACC caught up with this bastard CEO!


In August 2013, this blog was in pursuit of the CEO of Putrajaya Holding, Dato Azlan Abdul Karim.

The allegation was for abuse power and receiving kickback which involve victimising genuine and bona fide contractors doing real and hard work. [Read it HERE and HERE.]

Today is June 27th, 2018. After 5 years, this heartless, cruel and corrupt bastard CEO was nabbed by MACC.

.Malaysiakini reported below:

Zeti does not know she is being used by Mahathir



Before the previous BNM Governor, Tan Sri Muhammad Ibrahim was selected, the talk then was that Tan Sri Zeti Akhtar Aziz's preferred successor was 1MDB investigator, Dato Nor Shamsiah Yusof.

If she was seen promoting and campaigning for Muhammad then, she is now promoting, campaigning and soothing public concern on Muhammad's resignation and Shamsiah's appointment. Heard the better choice should be the baiyi but Shamsiah's 1MDB effort is more the interest of Tun Dr Mahathir.

Zeti is the prefered choice of Mahathir to be used till she is of no use and to be chug aside. Increasingly, she is of no use. How much could Zeti's soothing assurances be of value to investors in a slowly but surely crashing market and an economy heading for recession?

The same with Shamsiah.

Monday, June 25, 2018

A political analysis reminded of Amimal Farm


There is an interesting political analysis and forecast by Meredith L. Weiss, Associate Professor, Department of Political Science, Rockefeller College of Pubic Affairs & Policy, University of Albany - State University of New York on the online news portal, FMT this morning.

We neither agree nor disagree completely, but it is an interesting view on what happened and what is to come. Somewhere in the analysis, it reminded us of George Orwell's 1945 classic political satire, Animal Farm.

Having taken a change of stance in early 2015 and switched support, it was not the after event that revealed the hypocrasy but the events before that long led us to the eye opening realisation. So we lost and there are always winners and losers.

Maybe others will eventually notice these pigs.

Friday, June 22, 2018

Where is Malaysia's Foreign Policy heading to?


It is coming to the second month of the new administration.

Second time around Prime Minister, Tun Dr Mahathir has yet to appoint the important "spine" appointment of Foreign Minister.

It is World Cup season thus the use of the term spine that is commonly associated as key position in a football term in which other team members are built around.

The diplomacy partnership between Dato Najib and Dato Anifah Aman had achieved more in terms of expanding diplomatic relations, bilateral agreements and cooperations at the international stage than previous administrations.

It is one strength of Najib's administration seldom known and far from being acknowledged locally. If not for diplomacy, Najib would have not attracted massive investments from Middle East, China, etc and undertake to champion the plight of the Rohungya effectively.

Mahathir's position on foreign policy is unclear that the "trade journol" on foreign policy and international relation, Foreign Affair took notice.

Thursday, June 21, 2018

Repeating 1988 judiciary crisis to fix Najib?


Heard it from one of the horses' mouth that it is pointless to fight when one can't win.

It led us to ponder whether the resignation of Chief Justice Tun Md Raus Sharif and Court of Appeal President Tan Sri Zulkefli Ahmad Makinuddin was because their "extension" as Federal Court judges and subsequently their appointments could not survive the test of the Federal Court or some other reason/s?

If they had lost in court in the case brought by the Bar Council, the implication would be horrendous. Practically, all judgements that involved any of them could be appealed for review and only build up more backlog in court. Thus it is could be a gentleman move to uphold the court system

Otherwise, the dent on government expenditure would have angered Finance Minister, Lim Guan Eng. However, he is not likely to rebut as he did to Dato Seri Anwar's advice to watch his mouth.

Though Lim Kit Siang had called for their resignation, it was Papa Lim himself that was vocal during the 1988 judicial crisis. The Lims are silence now. So do Bar Council.

However, few opposition and senior lawyers did criticised this interference by the executive branch of judiciary. None of the pro-UMNO lawyers could be heard. Not even Perkasa, since a non-Malay and non-Muslim will likely be CJ.

Wednesday, June 20, 2018

Najib charged for sodomy to blame for markets fall?


Bursa lost 28 points yesterday, and foreigners sold RM554.94 million yesterday, up from RM238.85 million a day earlier. While the public begin to realise the declining state of the economy and 100 days PH Manifesto is a farce, there are still those in a state of denial.

They tried to rationalise as global money flow, EU oil palm decision, US-China trade war, ECB easier monetary policy, and insisted to blame Dato Najib's infrastructure plan is assuming too much debt. They believed new government will draw a good plan to make Malaysia developed by 2025 and called us working for George Soros.

Hello friend! Do search this blog on who is behind Sarawak Report.

This blog forecasted market would rally after GE (read HEREHERE and HERE). However, PH win followed by foul mouth of new government leaders and their witch hunting vengeance made us review our position and even warned of a market decline on all fronts (read May 22nd posting HERE).

Lim Guan Eng begin to shut his mouth and new government is trying to calm nervous investors and public But 'no claim by Mahathir that Japan will approve the Yen loan will succeed. The worry is Tun Daim is no more in his prime and the unconstitutionally authorised CEP will end their role after 100 days. Not so eminent for not able to deliver any of the election promises delivered.

We now begin to question whether there is more than meet the eyes. It is unbelievable that the stars are all aligned against Malaysia. Similar to the 1997-2000 financial crisis, Third Force claimed Dato Seri Anwar Ibrahim is aware of the foreign sabotage on the economy.

Being currently denied PM-ship, is he is behind the market downfall again?

Sunday, June 17, 2018

Don't tell me markets down due to Zionist conspiracy

Cancelled celebration of Israel's victorious 6 day war in 1967 planned in Melaka
Third Force lent a hand to promote the previous posting before Hari Raya and the message with their own posting, PH is taking the economy on a downward spiral.

At least, there are bloggers concerned with the development in the market and implication on the country.

Few FB comments expressed concerned with words uttered by Tun Dr Mahathir and Lim Guan Eng as not helping the economy. In addition to repeated mentioning of RM1 trillion debt political hoax, there was the technically deficient earlier remark of Guan Eng on government bailing our 1MDB.

Enough of picking on Guan Eng. Azmin's remark is far more damaging. FT.com quoted his, "Economy is in a mess" remark here.

And, there have been many developments over the weekend and Hari Raya holidays. Comments on foreigners streaming out of the stock market have gone viral. There is also rising awareness on the important agriculture product of Malaysia, palm oil and potential of ringgit.

The instinct is it could be a stormy Monday by the indication of increased amount of foreigners' selling last Thursday.

It is strange that everything is falling into place since the selling two days before polling on May 9th. No ... no ... please not another Zionist conspiracy.

Thursday, June 14, 2018

Moody debunked Hari Raya wishes


Today is the last day of Ramadhan and tomorrow begins the celebration of Aidil Fitri.

Be careful on the road to ensure a Selamat Hari Raya. Was just told a nephew had a road mishap yesterday that caused the life of his wife and child with himself badly injured. Al fatihah 

This blog made a premonition of an upcoming market black hole two weeks ago.  A commentator dispute us and confidently claimed we will be proven wrong. It would be most welcome.

The intention to be the prophet of doom is to forewarn the new Malaysia Baru government, which remained drowned in euphoria, Mahathir's vengeance, and DAP's impatience to undertake revolutionary change.

It is unthinkable but they seemed unaware of the current happenings and implication of their actions to the stock, capital, currency and commodity market as well as the country's economy at large.

They can't deliver on their manifesto but resorted to cooking up bankruptcy and 1 trillion debt lies [read here, here and here] to the detriment of economic confidence on Malaysia.

Monday, June 11, 2018

Shedding into Japanese snakeskin to deny bankruptcy


The big buzz on Tun Dr Mahathir's trip to Japan on the social media is him admitting that it is not easy to arrest, charge and imprison Dato Najib.

It is not be done in haste as failure to do so will result in people questionimg all the remarks and accusations made against him.

This is no more swings and roundabout but practically an about turn. Its also the snake shedding a new skin acceptable to the intellect of the un-uneducated Japanese and global audience.

Mahathir also said Malaysia will not slide into bankruptcy as there are “huge savings” from several government institutions, which can be used to help the economy recover in the event of crisis.

“I don’t think ... the country will slide into bankruptcy,” he said in a news conference broadcast live from Tokyo, Japan where he is attending the Future of Asia conference hosted by Nikkei.

The Malay Mail reported:

Sunday, June 10, 2018

Swings of bankruptcy to the roundabout on debt


Swings and roundabout is a British idiom to mean "losses, setbacks, or negative aspects of a certain situation are cancelled out or balanced by equally advantageous or positive elements (or vice versa)".

The election is over and PH has won. The advantage or positive outcome from the use of the bankruptcy - truly or falsely, has worn out.

The attempt of Lim Guan Eng to continue with the same propaganda line to claim country's debt as RM1 trillion could cancel out the advantage they have gain.

This blog have been calling the propaganda or fake news or such political drama as wayang. Coincidently, a commentator with nicname, Anti Wayang viral the following comment.

Saturday, June 09, 2018

An academic exercise on blame


A friend, whose organisation almost got chopped recently by the Malaysia Baru new government, sent an interesting message.

Her message was refreshing and current. It was something we had delved into since our late teens and wrote of it in this blog many years ago.

It is purely an academic exercise but thought its worthy for pondering, thus shared it below:
I think it's important that we acknowledge and frame the issues that Malaysia faces. 
While the sense of outrage is absolutely natural, let's recognize that what happened here is a story as old as time.

Friday, June 08, 2018

Ghost of past crisis to restrain market


Last night was the the night of the 23rd of Ramadhan. It is touted as possibly the night of a thousand night or Lailatul Qadr. 

It is the night one's prayers and wishes are fulfilled. There maybe Muslim investors or major shareholders of public-listed companies praying for a revival of the stock market.

According to a message viralling on social media and reports in the media, RM7 billion was taken out from Bursa by foreigners since GE14.

Despite the modest stock market gains on Bursa over the past 3 days, foreigners have pulled out money for 23 consecutive days - the longest streak since 2008.

Tuesday, June 05, 2018

New AG has an opinion on 1MDB before investigation completed


Tommy Thomas is confirmed as the new Attorney General.

The lawyer suggested by DAP, represented Anwar in one of his many cases and agreed by the various parties in PH fits Mahathir's purpose to prosecute Najib for 1MDB and related to 1MDB offenses.

Tommy Thomas expressed his view on 1MDB in Malaysiakini back in 2016.

Please no talk of bias or prejudice as PH supporters will argue and justify it is not.

Monday, June 04, 2018

In 2007, Tommy said Agong can reject his appointment


Upon swearing in, one of the first of many immediate actions by PH’s Prime Minister Tun Dr Mahathir towards avenging his shame of losing out in UMNO and imprisoning former Prime Minister, Dato Najib Tun Abdul Razak, was to attempt the sacking of Attorney General, Tan Sri Apandi Ali.

It was his first step towards proving he is right in his cause celebre, 1MDB (and related to 1MDB) to seek removal of Najib.

Thus far, Najib is not yet imprisoned as promise by Dato Mukhriz in his campaign trail. Claims Najib should be charged does not seem so as new MACC Chief claim he need few more statements. Former AG Tan Sri Abu Talib said need more than 100 days to investigate.

Be it himself or any other parties – local or abroad, including US Department of Justice - all claims on 1MDB remained unproven allegations.

Saturday, June 02, 2018

Wherefore art thou politics in this heedless time

Opposition message embraced by UMNO members led to BN's fall

After 15 years of active involvement and many more decades in various minor and insignificant roles from keen observer to complimentary support, it is time to take stock of our involvement in politics. If there is a purpose to stay on, the new role need to be redefine.

Currently it is rather confusing and national politics look rather heedless or the Arab word best described the condition as Ghaflah (pronounced closer to Ghoflah). From Islamic context, it is negligence and heedlessness in forgetting Allah, and our divine purpose. The political context is closer in meaning to aimlessness.

Politics relate to governance, debate between political parties, and activities relating to secure power through political positions. The acquisition of power comes with it a sense of responsibility and purpose for a greater good for the nation, and its people.

As we see it, politics in Malaysia is moving towards a state of aimlessness and it looks to be moving towards the state of heedlessness (Ghaflah) at its extreme. So it is challenging to justify continuous active involvement and purposeful role.

In the first place, it was unthinkable to got involved given the in-fighting, suspicion and envy by certain influential character among Najib people. Maybe time to take few steps back to observe from afar.

Thursday, May 31, 2018

Goebbels-esque RM1 trillion national debt lie


Circulating in Whass App groups today is an expose of the Gobbels-esque lie being spread by Tun Dr Mahathir government ...

Is the RM1 trillion "national debt" propaganda?

Firstly, Finance Minister LGE has confirmed that the official Federal government debt is RM686.8 billion, or 50.8% of GDP - which was what was reported by the previous BN Govt. This figure is exactly how the whole world measures its debt.

Secondly, LGE adds on Government guarantees of RM199.1 billion, or 14.6% of GDP

He says this comprises of Danainfra Nasional Bhd (RM42.2 billion), Govco Holdings Bhd (RM8.8 billion), Prasarana Malaysia Bhd (RM26.6 billion), Malaysia Rail-link Sdn Bhd (RM14.5 billion) as well as an estimated RM38 billion for 1MDB.

Let's take a closer look.

Wednesday, May 30, 2018

No Nathan Rothchild could avoid a market black hole


Election is over, so do not quite care of politics. Everything is confusing, directionless and at the extreme, it is heedless.

Kedah, Perak and Sabah is still in a turmoil. Conspiracy theory say the days of Tun Mahathir is numbered the moment Agong suddenly pardoned Dato Seri Anwar Ibrahim.

The government with a ruling party with 125 seats and opposition BN with 79 and PAS 18 is not a stable country. The underlying reason Malaysia attracted investments from abroad over the many decades of BN rule is due to political stability and continuity of the ruling party.  

With that changed, foreign investors should look at the transition. Foreign financial media painted a rosy picture of a BN win.

The macro picture that won their heart for Malaysia is expected to change but it could not be done with Tun Dr Mahathir’s loud mouth.

The new Pakatan Harapan government came out from the win with a rather reckless disposition to change everything within a short time and Mahathir could not hold back on executing his revenge towards Dato Najib swiftly.

Friday, May 25, 2018

Lessons to and from India


A former Indian MP turned writer, Sashi Tahoor claimed Malaysian opposition learned from India's experience in bringing down the post-Independent dominant ruling government, the Congress party in bringing down Barisan Nasional.

It is the same phenomenon that saw the end of the dominant Golkar in Indonesia, LDP in Japan and Kuomintang in Taiwan. So it is not for certain that the Indian experience was considered.

And, it is not for certain that the post victory possibility for Malaysia could be any different from India.

Its too early to call as the dynamics is not an exact science determined by macro factors but also filled with the intrigues of individuals and micro factors in the art of politics.

Tuesday, May 22, 2018

Investors short market in reaction to foul mouth new government


A market player was lamenting yesterday of foreigners not only sold their stock market holdings but went short.

What actually happened is more startling than the report by The Star here of foreign investors selling-off RM2.48 billion worth of shares caused the biggest fall to the Bursa since August 2013.

Singapore's Business Times here reported all the foreign inflow into the stock market for 2018 outflowed within days after the general election.

Prior to the election, foreign analysts forecasted BN to win and were generally supportive of the macroeconomic policies of former Prime Minister, Dato Mohd Najib Tun Abdul Razak.

The BN loss was not taken well by foreign investors who views the unconventional policies by the new government not to their liking and would be disruptive to the Malaysian economy.

Words coming out from the new government leaders does not indicate any intention to win back their confidence.

Saturday, May 12, 2018

Watching events unfold


Tun Dr Mahathir was repeatedly defeated by Dato Najib in few battles but he did not give up and took his fight to new boundaries.

The consummate politician and dictator won another political war. Admittedly, we lost.

Though still believe it was a justified decision to leave him and stayed to defend the institution of UMNO and government, it is better to refrain from doing a post mortem.

There is a long list of concerns that came out from election result. The concerns are political, legal, economic and national in nature, but it will have to hold first.

Tuesday, May 08, 2018

Putting the dictator's campaign of "dendam" and obsession in the right perspective


Lim Sian See's FB posted a message that incapculate the gist of this general election.

A UK based news portal column by Sholto Brnes expanded LSS's message further.

The writer described the poll as more of twist and turn more than a Shakespearean play to topple the government than any substantive policy differences.

The column by The National below:


Monday, May 07, 2018

Even former CJ cynical of Mahathir's political antics


We received a WA of a pdf statement of former Chief Justice, Tun Abdul Hamid Mohamad.

Quite familiar with his writing. The language seemed to be him. More so, the sender is a credible political analyst. It is considered to have come from reliable source.

Written in Malay, the former CJ is cynical in the manner Tun Dr Mahathir ran his campaign and his campaign message and his campaign.

If it was yours truly, some would brush it off as one sided, pro-Najib leaning, and makan dedak.

However, this is coming from one of the two Federal Court judges that favoured the release of Anwar Ibrahim for his first sodomy charge in a judicial review.

Saturday, May 05, 2018

Namewee whack Mahathir too ..



This video came out two hours ago and already has more than 32,000 views.

One could only expect Namewee to be critical of government. The interesting part of this video is he is also did a satirical whack of Tun Dr Mahathir.

Equal opportunity critic? He he he ...

Friday, May 04, 2018

Daim "diam" on Tajuddin video, but doing a roadshow


If that was the only response from Tun Daim Zainuddin to video revelation of Tan Sri Tajuddin Ramli being forced to but MAS at the pricey RM8 per share thus, require a buyback option at RM8 per share, it is meek one.

It only tells of a person meeting his Prime Minister to contribute his views, perhaps attempt to establish ties which is in-sync with government policy, and perhaps none of the above but mere friendly courtesy call.

For Daim to response to Dato Abdul Kadir Jasin, it does not add credibility. Kadir seriously  compromised on his journalism integrity with his outright lies, spin and manipulative writings to be part of Tun Dr Mahathir's yet another overthrow the country's leadership.

Nevertheless, such possibility could not be excluded because Kadir would have tried to contact Tajuddin and Daim's son, Wira was at one time trying to get hold of someone's son-in-law.

Still, it is as meek a response by both Daim and Kadir as their silence to revelation by Anina Saabudin of money from Realmild deal going into Mahathir's personal account instead of party account. It opens the possibility that UMNO, Tajuddin and country was rampantly robbed, looted and plundered.

Daim cannot be keeping quiet and not response when he has begun his roadshow.

Wednesday, May 02, 2018

Explosive Tajuddin Ramli video emerged


On the night of nomination, an explosive video of an anonymous person making comments on Tun Dr Mahathir viral in Langkawi.

It looks, it sounds like, and probably is former MAS Chairman and extraordinaire Malay entrepreneur, Tan Sri Tajuddin Ramli:


The above video reached our handphone from anonymous source. Strange ... we do not vote in Langkawi.

There were more videos to come the following nights.

Monday, April 30, 2018

Musical interlude: You raise me up


This GE 14 is for the future of our children and subsequent generations. This is to correct for rakyat neglected for decades. It is about appreciating the sacrifices today needed to prepare and build for a greater nation.

And, not conceding to the revenge of a corrupted despot, venting misunderstood anger, and presumptions without thoughts.

Revelation after last night's late ceramahs at KRT of Taman Setia 2 and PDM of Kampung Lubuk Kawah, Mukim Naga at  Jitra Kedah.

Saturday, April 28, 2018

Nervous for perfection


Tun Dr Mahathir landed at the airport and claimed there was sabotage on his private jet. He said he could have arrived Friday but only arrived yesterday.

Transport Minister has instructed investigation. They should also detain the private jet.

Frankly, it is all a farce like the warning to the security folks that he will be murdered, the bankrupt Loaf is not his, Bangla immigrants voters, etc.

It is his ploy to play victim. He will resort to crying on stage as though he sincerely want to save Malaysia. Their side already viral such video.

Friday, April 20, 2018

Market rally taking attention away from politics


The picture above came from NST but despite touching on investors confidence, strong corporate earnings and economic background, and foreign fund inflow, their report headline was rather hesitant and subdued yesterday: Malaysian stock market remains attractive to foreign investors

Malaysia Digest hit a better note with the headline: Malaysia Stocks At An All-Time High Ahead Of Elections. They highlighted on the big fuzz over the US threat of a trade war against China, extract below:
Economic growth of 5.9 per cent last year, which was the fastest pace since 2014, was also achieved through the strengthening of private and government investments.

“We’ve got an election coming up and actually the economic data for Malaysia has been quite good recently. Things like exports have been strong and relatively insulated from a potential trade war.

“Five years ago it was like a dirty word but now there’s more investor interest,” Jim McCafferty, head of Asia excluding Japan equity research at Nomura Holdings Inc. said in an interview in Hong Kong.
Bloomberg, whose been hinting of foreign investor interest on April 10th, is now practically screaming rally: Malaysia Stocks Hit Record as Foreigners Buy Ahead of Elections.

Before any shallow pro-Tun claim Bloomberg taking dedak, some are already making claims it is on on expectation of the return of Mahathir and his bevy of big wig market riggers. Then it is not dedak but carrot.

Underground talk is saying his backers of gambling taukehs are trying to sway Chinese voters using illegal gambling. Quite sure, no names need mentioning as it is as easy as ABC to figure it out.

Wednesday, April 18, 2018

With Equinimity seizure invalid, what now, Tun M?


That's the only possible reaction from pentaksub and PH's cybertrooper.

Yesterday, Singapore's Straits Times here reported that US and Indonesian police seizure of the superyatch Equinimity is illegal.

Taking an extract from Malaysia Today here:
Indonesia Court Rules Yacht Seizure In 1MDB Case Invalid...."Indonesian court on Tuesday (April 17) ruled that the seizure of a luxury yacht linked to a US investigation into scandal-ridden state fund 1Malaysia Development Berhad (1MDB) was invalid and without legal basis....citing an on-going investigation, said Mr Low never worked for 1MDB and he did not make any business decision for the company(1MDB)
Allow some bragging rights for this blog. We wrote in early March: Equinimity seizure is still far from anything significant.

Was Equinimity the 1MDB bomb Tun Dr Mahathir wanted to explode for this general election?

Monday, April 16, 2018

Was the Loaf into tax evasion or money laundering for politics?


The Loaf announced it closed down last week.

Fearing his detractors would say he could not run even a kedai roti to succesed, let alone his endless list of past failed ventures that accumulated to hundreds of billions at today's value, Tun Dr Mahathir's first reaction was to deny it was his.

A lie like that could never go far. Not with much fanfare to launch Mahathir's Japanese bread venture. There are just too many news reports of the bread outlet that was first launched at Telaga Harbour Langkawi.

There is always Mahathir at every other launch of new outlets. And, it is impossible to deny the ROC documents below:

Sunday, April 15, 2018

Macho-talking DAP chickening out in Johor?


It was a party pooper when Hannah Yeoh and Wong Tuan Tat was announced to run in Segambut and Bentong, respectively. Then Dyana Sofea commented on the challenge of running again against Dato Mah Siew Kong in Telok Intan.

In Johor: PH on-slaught or DAP slaugher house?, this blog was sure Hannah Yeoh will get sent off to some difficult seat and Tony Pua to Bentong to MCA President Liew. It didn't happen because both turned around and kow tow to suck Terowong Tokong knee caps.

While Dyana's comment only indicate the loud talking Foochow, Nga Kor Meng chicken out from confronting Mah. It is possible nice guy Mah and Liew are not as easy a meat as DAP thought.

Apparently, DAP seemed to have chicken out from Johor, wrote Joceline Tan below:

Saturday, April 14, 2018

Only a Penasihat could mess up fixed deposit Sabah!


UMNO Secretary General, Dato Tengku Adnan Mansor had just issued a stern warning that reminded members to abide to the party's code of ethics. Those not selected as candidates should support the selected candidate and not sabotage the party.

This warning came about following announcement that the selected candidate for a Federal Territory seat is from MCA. Based on past track record, he has a better chance than an UMNO Division Head, who lost by more than 5,000 votes in GE13.

He is unlikely to turn around that deficit and let alone to turn it into a majority. However, he insisted to be selected. Just because he served the Prime Minister before, he should not be given special path and self interest should not be above the party interest.

Winning the general election should not be diverted by other factors of lesser priorities. And, words going around that there was intensive lobbying to change well selected candidates.

In Sabah, BN is making progress in areas not rated white and manage to turn the likes of Semporna and Kota Kinabalu into a 50:50 situation, at least almost.

Sabah has 26 Parliamentary seats (including Labuan) and is expected to win 23. If PM is persuaded to consider less relevant factors, it may cost BN several precious seats already in the bag.

Thursday, April 12, 2018

TMJ's generosity returned by Prebet Adam's family


The Aeon Tebrau City was reported to be in a state of shambles after his Highness Crown Prince of Johor made an unexpected appearance to announce offering to pay up to RM3,000 per customer and RM1million to all shoppers present.

What motivated his highness to impulsively be generous is not sure. Only few days ago, he defended himself on FB for his statement that was intended for Tun Dr Mahathir. His highness denied he was not on anyone side but merely giving his personal opinion and advise for the betterment of Johor.

Thus one could assume that the impulsive generosity came out of  his highness's sincere concern for the betterment of Johor, even though it is for those who happen to be present at Aeon Tebrau City when he made that surprise.

Thought that was the only surprise for yesterday, but no ... his highness generous gesture was returned with appreciation by the family of Private Adam mentioned in his highness statement for clearing their family's name.

Wednesday, April 11, 2018

More analysts bullish for a BN win


Continuing this morning posting HERE on bullish prediction on the stock market following an expected BN win, Oxxford Economics also predicted a comfortable BN win. Read HERE.

Earlier CIMB expected a BN win and viewed it as positive for the market. Read HERE.

Malaysia Digest HERE  reviewed Bloomberg news as Najib is bad news for Mahathir.

In case, pro-PH supporters are calling all these as fake news, HSBC too is predicting a BN win.

Stock market to rise on expectation of a BN win


Except for the tired but unproven perception play on Dato Najib's guilt in the 1MDB affair and twisted propaganda pandering on emotion than sound economic argument on the economic transformation, the ingredients are there for a BN win.

The manifesto is solid manifesto with the fundamental sound and at the same time, major voter segments covered.

PH manifesto was duplicating BN's already done effort, lack of specifics and impossible to execute with the pledge to remove GST. Within 17 days, Tun Dr Mahathir already U-turn on some of the pledges and back to his old outdated thought.

Unless BN shoot their own feet as it could usually happen, the political ingredients are there - fundamentally and operationally for BN.

Tuesday, April 10, 2018

By May 13, let it be for soul purification


When Dato Seri Dr Ahmad Zahid Hamidi mentioned of election could be during Ramadhan, it was not a bad idea.

Ramadhan is the month of glory and spiritual elevation. Muslim abstain from eating and drinking from daybreak to sunset.

It is the month to surrenders one self wholly to Allah, observing the same abstention throughout the whole month in his thoughts, his speech, his behavior, his every act.

And the non-Muslims will indirectly observe the same by respecting the abstaining Muslims.

As witnessed during the by-election at Kuala Besut, Kuala Kangsar and Sungai Besar, election campaign was exemplary. The big crowd that came to hear Mahathir at Kuala Kangsar did not vote Amanah.

Election campaign time was limited so campaigners used the oppurtunity to sensibly deliver their campaign message without the nasty words and behaviour.

Monday, April 09, 2018

Be fair to Rosmah


Its tiring to hear the same old wild accusation being thrown at Prime Minister's wife, Datin Seri Rosmah Mansor.

If they have anything against her, they should get their facts right.

For instance, how could the PM's wife be so powerful?

She is not the one with authority or position, thus if she actually could direct people, then those with the authority by virtue of their position are plain dumb to take her orders.

If the decision made was wrong, the one with responsibility and fiduciary duty will be accountable. And if force upon and fearing it would be detrimental to the nation, they should have refuse as a matter of principle or resign in protest.

It is plain coward to blame others for their own weakness and childish to bitch behind someone's back

Rosmah contributed to Najib's premiership but it should best not be discussed. But the slander and negative perception against her have been unfair.

Sunday, April 08, 2018

Dumb DAP just kissed Johor goodbye


The big event last night was the launch of the BN Manifesto dubbed by Dato Salleh Said Keruak as the best manifesto in history.

Despite a pathetic PH manifesto, in which Tun Dr Mahatahir acknowledged could not fulfill within 17 days after launch and he U-turned several items on their manifesto, one could only expect Lim Kit Siang to fulfill his duty as the ever defiant and subversive opposition leader to oppose for the sake of opposing.

Not to mention, the cynics and nitpickers among opposition's fanatics are spewing rude and vulgar comments on the social media. Nothing unusual of the current phenomenon and its declining  effectiveness as BN's firepower flex their muscle to meet the call of duty of a general election.

Before commenting on the manifesto, the biggest political bomb last night was the remark by his highness the Tengku Mahkota of Johor.

Bigdog gave the manifesto launch a miss and posted Titah Tuanku: Make changes from within.

Saturday, April 07, 2018

Johor: PH on-slaught or DAP slaughter house?


Tun Dr Mahathir continued his wave creation with the third mega-ceramah in Pasir Gudang.

It was in Pasir Gudang in 2015 that he was challenged at a Saturday UMNO-linked NGO ceramah to show-up at the Bersih rally gathering in Kuala Lumpur.

To the surprise of his officer, he did appeared upon touchdown at Subang in his private jet that late afternoon and the next day Sunday. That ended any remaining affection yours truly had left for Mahathir after more than 12-year involvement.

Since end of 2014, he and his inner circle had been behaving suspiciously; an officer suspected of regularly meeting Xavier Justo in Thailand and Mahathir secretly met Dato Seri Azmin Ali in London.

They thought it did not go unnoticed.

Feedback received from Pasir Gudang locals claimed majority of the attendee are outsiders from Tebrau, Kota Tinggi, etc. Chinese presence were significant.

Nevertheless, the number of 3,000 that subsequently increase to 4,000 upon arrival of Mahathir could make any armchair supporters ecstatic.

Opposition supporters were psyched into thinking Johor could fall and UMNO’s white area is only 8. Atually, it is the converse. Identified black area for BN is 7 or 8, including 50:50 Indian-seat Segamat.

DAP gave up after failing in all their three Tanjung projects before the unexpected Chinese tsunami of 2008. Can they do on Johor by their 2nd attempt?

My Say