Saturday, June 30, 2018
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
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
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:
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
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
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
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
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 HERE, HERE 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
|Cancelled celebration of Israel's victorious 6 day war in 1967 planned in Melaka|
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
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
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 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
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
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
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
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
|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.
- ► 2019 (154)
- Reality bites on the reborn
- Is Tommy capable of preparing the 1MDB, SRC and AM...
- Finally, MACC caught up with this bastard CEO!
- Zeti does not know she is being used by Mahathir
- A political analysis reminded of Amimal Farm
- Where is Malaysia's Foreign Policy heading to?
- Repeating 1988 judiciary crisis to fix Najib?
- Najib charged for sodomy to blame for markets fall...
- Don't tell me markets down due to Zionist conspira...
- Moody debunked Hari Raya wishes
- Shedding into Japanese snakeskin to deny bankruptc...
- Swings of bankruptcy to the roundabout on debt
- An academic exercise on blame
- Ghost of past crisis to restrain market
- New AG has an opinion on 1MDB before investigation...
- In 2007, Tommy said Agong can reject his appointme...
- Wherefore art thou politics in this heedless time
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