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Wednesday, September 26, 2018

Still waiting on election promises

Will the Government deliver or are rosy pledges meant to be broken anyway?


PEOPLE are still harping on election manifesto promises which the new coalition has yet to fulfil.

In the wake of the 14th general election, the 100-day manifesto of Pakatan Harapan is being scrutinised.

Does anyone remember the promises made before GE13 or GE12 or any other election before that?

Remember the Penang Bridge toll promises?

Datuk Seri Najib Tun Razak came to town and promised free passage across the bridge for motorcycles.

Hours later, the then Chief Minister Lim Guan Eng cleverly upped the ante and promised that the bridge would be completely toll- free.

In Malaysian lingo, we call this ‘wayang’ or political theatrics.

I found it all very entertaining. I looked forward to each retort from the opposite side.

We should not be like children and cry: “But mummy, you promised!”

Now, Pakatan Harapan did fulfil some of their promises.

The Government abolished the goods and services tax and an earnest hunt has begun for those responsible for the 1MDB controversy.

As for the other promises, maybe not yet? Or at a later date?

You cannot fault Prime Minister Tun Dr Mahathir Mohamad for being honest. He told the world Pakatan could not fulfil all the promises in its manifesto because it did not expect to win!

So the politicians were just putting on a show and we, the audience, bought front-row tickets to the ‘wayang’.

Dr Mahathir would know. Can anyone remember any of the manifesto promises that were never fulfilled during his previous 22-year tenure or during the last 10 years under Najib?

I don’t and I have been around for more than three decades, starting my working life the year Mahathir came to power in 1981.

If elections were won just on fulfilling manifestos, Barisan would not have been able to rule for 60 years because there has been volumes of unfulfilled promises.

Elections are usually won on negative rather than positive elements.

We have a saying in the newsroom: people wanna read about sex, drugs and rock ’n’ roll.

At The Star Online, stories along those lines get astronomical level hits.

In politics, seats tend to be won by candidates who can portray how bad the other guy is!

People want to be shocked by scandals, not lulled by promises.

So we do not have to lament the unfulfilled promises.

It is a universal issue which is not confined to Third World countries as even presidential elections in developed countries are won the same way.

One which comes to recent memory is the United States’ presidential elections in 2016.

Everyone thought Hilary Clinton would triumph but Donald Trump ran a smear campaign on her.

People heard all about her leaked emails and the Federal Bureau of Investigation’s case on her.

Both candidates spent millions of dollars taking out advertisements in newspapers and on television.

The focus was more on showing how bad the other candidate would be for the country rather than what they would do if elected.

So for all those who are still hung up on Pakatan promises, forget it.

You can shout until the cows come home and nothing is going to happen.

But they still have four years to make good on their promises, before power comes back to us.

They could be saving the best promises for last. Maybe?

Credit: Pinang points R. Sekaran

Related posts:

Jobs ahead for Pakatan's first 100 days fiscal reform


Get-rich-quick schemes thriving in Penang: many losers

 in the money game!


Tuesday, September 25, 2018

Goldman Sachs banker's obscene commissions netted 11% from 1MDB believed to be most compelling evidence of rogue behaviour



Jho Low Has Offered A Deal To The DOJ


Settling the civil action would free up prosecutors to pursue the Goldman bond issued on behalf of 1MDB, which netted the bank suspiciously obsence commissions of up to 11% -  Sarawak Report


Sarawak Report has learnt that Jho Low’s new legal team, headed by the well-connected former federal prosecutor and New Jersey governor Chris Christie, has already obtained a high-level meeting with officials of the DOJ and that at that meeting they offered to come to a settlement on behalf of the fugitive Malaysian advisor to 1MDB.

This would represent an effective acknowledgement by Low, who is currently believed to be holed up in China, that he is unlikely to be able to persuade the US courts to return some $1.2 billion in assets seized from him alone, which investigators have traced to money stolen from Malaysia’s development fund.

However, by cutting a deal the billionaire, who is facing criminal charges in Malaysia, Singapore, Switzerland and elsewhere, including the United States, will be hoping to retain some of the value of the assets. Malaysia Kept On Sidelines?

Malaysian entities have expressed concern that the United States authorities may be tempted to negotiate with Jho Low’s new, high-powered legal team, in order to close a case that could otherwise carry on for years. Notably, the US recently refused to grant a Malaysian official request for a guarantee it would return all the money back from the assets seized.

“It doesn’t mean that the United States will not return the money to Malaysia, but it does mean the US is insisting on keeping control over the process and that might include settling the case for less than the entire amount”

one person who is well versed in the matter explained to Sarawak Report. It is further understood that the approach from Jho Low’s team has not yet been formally discussed with the Malaysian authorities, who may very well react with dismay at the prospect of any settlement of this nature.

Particularly galling to Malaysians is the likelihood that Low’s new and well-connected legal advisors are being generously paid by money that was itself stolen from 1MDB. US investigators have been reported as concluding that the origin of the cash received by Christie and one of President Donald Trump’s go-to law firms, Kasowitz Benson Torres, is indeed 1MDB.

Likewise, the money sent to pay the libel lawyers Schillings in the UK, which has been doing its best to disrupt the publising othe the book The Sarawak Report as well as the Wall Street Journal’s own book in Britain, is also thought to trace back to 1MDB. Going For Goldman Sachs

The apparent willingness of US prosecutors to discuss such matters with Low’s new team and the news that they may indeed be tempted to reach a deal, may indicate that the DOJ sleuths are already focusing on other aspects of the case, informed observers have told Sarawak Report: namely the pursuit of the banking giant Goldman Sachs. Settling the civil action would free up prosecutors to pursue the Goldman bond issues on behalf of 1MDB, which netted the bank suspiciously obscene commissions of up to 11%.

The bank has earned the anger and ill-feeling of countless Americans as a result of its pivotal role in causing the crash of 2008 and yet none of its bankers have been brought to book so far. The apparent negligence and huge sums earned through 1MDB have provided US investigators their most compelling evidence yet against what many believe to be rogue behaviour by the major bank.

It was Sarawak Report that first exposed the huge commissions being earned by Goldman Sachs from 1MDB in 2013, by publishing the terms of two so-called power purchase bonds, which together with a later third offering netted commissions totalling just under $600 million for the bank. The market price for such services was a fraction of that amount.

The former South East Asia boss, Tim Leissner has already been picked up in the United States and is understood to be cooperating with the DOJ enquiries. A new case against the global bank is where 1MDB now seems headed as it gains even more international significance.


Related:

Report: Jho Low Seeking Deal with DoJ — The True Net

 

Jho Low planning to negotiate deal with DOJ - Nation | The Star Online


Related Posts: 

Let me be clear, I am innocent: Jho Low

https://youtu.be/AngdNA3mtgw Having his say : A screengrap of www.jho-low.com website which contained the letter Rogue busines...

Goldman Lunch at Taste Paradise Sets Table for 1MDB Money Probe

 

Here is how 1MDB money was used to buy Equanimity

 

1MDB scandalous Bombardier Global 500 Jet parking fees of RM3.5mil to be paid if govt wants it back 

 

Wising up to a whale of a tale   Once upon a time, Malaysians were enchanted with Jho Lows champagne lifestyle and proud that he had...

Goldman Sachs banker's obscene commissions netted 11% from 1MDB believed to be most compelling evidence of rogue behaviour



Jho Low Has Offered A Deal To The DOJ


Settling the civil action would free up prosecutors to pursue the Goldman bond issued on behalf of 1MDB, which netted the bank suspiciously obsence commissions of up to 11% -  Sarawak Report


Sarawak Report has learnt that Jho Low’s new legal team, headed by the well-connected former federal prosecutor and New Jersey governor Chris Christie, has already obtained a high-level meeting with officials of the DOJ and that at that meeting they offered to come to a settlement on behalf of the fugitive Malaysian advisor to 1MDB.

This would represent an effective acknowledgement by Low, who is currently believed to be holed up in China, that he is unlikely to be able to persuade the US courts to return some $1.2 billion in assets seized from him alone, which investigators have traced to money stolen from Malaysia’s development fund.

However, by cutting a deal the billionaire, who is facing criminal charges in Malaysia, Singapore, Switzerland and elsewhere, including the United States, will be hoping to retain some of the value of the assets. Malaysia Kept On Sidelines?

Malaysian entities have expressed concern that the United States authorities may be tempted to negotiate with Jho Low’s new, high-powered legal team, in order to close a case that could otherwise carry on for years. Notably, the US recently refused to grant a Malaysian official request for a guarantee it would return all the money back from the assets seized.

“It doesn’t mean that the United States will not return the money to Malaysia, but it does mean the US is insisting on keeping control over the process and that might include settling the case for less than the entire amount”

one person who is well versed in the matter explained to Sarawak Report. It is further understood that the approach from Jho Low’s team has not yet been formally discussed with the Malaysian authorities, who may very well react with dismay at the prospect of any settlement of this nature.

Particularly galling to Malaysians is the likelihood that Low’s new and well-connected legal advisors are being generously paid by money that was itself stolen from 1MDB. US investigators have been reported as concluding that the origin of the cash received by Christie and one of President Donald Trump’s go-to law firms, Kasowitz Benson Torres, is indeed 1MDB.

Likewise, the money sent to pay the libel lawyers Schillings in the UK, which has been doing its best to disrupt the publising othe the book The Sarawak Report as well as the Wall Street Journal’s own book in Britain, is also thought to trace back to 1MDB. Going For Goldman Sachs

The apparent willingness of US prosecutors to discuss such matters with Low’s new team and the news that they may indeed be tempted to reach a deal, may indicate that the DOJ sleuths are already focusing on other aspects of the case, informed observers have told Sarawak Report: namely the pursuit of the banking giant Goldman Sachs. Settling the civil action would free up prosecutors to pursue the Goldman bond issues on behalf of 1MDB, which netted the bank suspiciously obscene commissions of up to 11%.

The bank has earned the anger and ill-feeling of countless Americans as a result of its pivotal role in causing the crash of 2008 and yet none of its bankers have been brought to book so far. The apparent negligence and huge sums earned through 1MDB have provided US investigators their most compelling evidence yet against what many believe to be rogue behaviour by the major bank.

It was Sarawak Report that first exposed the huge commissions being earned by Goldman Sachs from 1MDB in 2013, by publishing the terms of two so-called power purchase bonds, which together with a later third offering netted commissions totalling just under $600 million for the bank. The market price for such services was a fraction of that amount.

The former South East Asia boss, Tim Leissner has already been picked up in the United States and is understood to be cooperating with the DOJ enquiries. A new case against the global bank is where 1MDB now seems headed as it gains even more international significance.


Related:

Report: Jho Low Seeking Deal with DoJ — The True Net

 

Jho Low planning to negotiate deal with DOJ - Nation | The Star Online


Related Posts: 

Let me be clear, I am innocent: Jho Low

https://youtu.be/AngdNA3mtgw Having his say : A screengrap of www.jho-low.com website which contained the letter Rogue busines...

Goldman Lunch at Taste Paradise Sets Table for 1MDB Money Probe

 

Here is how 1MDB money was used to buy Equanimity

 

1MDB scandalous Bombardier Global 500 Jet parking fees of RM3.5mil to be paid if govt wants it back 

 

Wising up to a whale of a tale   Once upon a time, Malaysians were enchanted with Jho Lows champagne lifestyle and proud that he had...

Monday, September 24, 2018

Tariff war threatens world trading system

https://youtu.be/BCu1Mt9GWT8 https://youtu.be/BheswegaOKk https://youtu.be/1_udiBoAP68

TODAY marks another milestone in the escalating global trade war that threatens to shake the foundations of the world trading system and cause economic uncertainty at a time of financial fragility. It’s an altogether bad development that adds more gloom to global economic prospects.

Last week, the United States announced it would slap an additional 10% tariff on US$200bil worth of imports from China. Hours later, China said it would put 5% to 10% extra tariffs on US$60bil of imports from the US.

Both sets of tariff increases come into effect today. But that’s not all.

The US also said it would raise the extra tariffs on the US$200bil of imports from 10% now to 25% at the end of the year. And if China retaliates (which it now has), the US might slap higher tariffs on yet another US$267bil of Chinese imports.

This comes on top of tariffs on an initial US$50bil worth of imports that the US had placed on Chinese imports a few months ago, and equivalent tariffs on US$50bil on US imports that China imposed as retaliation.

And even before that, the US had put extra tariffs on steel and aluminium imports from all countries, except a few that were exempted for the time being.

The US is also threatening to put tariffs on imported auto vehicles and parts, including those from Europe. That is on hold because of a bilateral deal reached, but could be re-ignited if President Donald Trump is not satisfied with Euro­pean behaviour.

The US itself is experiencing negative effects of this trade war. The prices of the initial US$50bil of imported Chinese products have started to go up in the US, raising costs for both consumers and producers.

The Chinese are similarly affected. Exports of both countries are also bound to decline, and this will eventually affect their overall economic growth.

There will be collateral effects on other countries. In Asia, those that are integrated in the global supply chain will find less demand for their exports of components to China. The effect on Malaysia is projected by analysts to be around 0.4 to 0.7 percentage point of GNP in 2019.

This could be offset by positive effects. Some companies producing in China are considering relocating to other countries, including Malaysia, to escape the US’ punitive tariffs. And some Malaysian products may become cheaper than Chinese products, which will now attract extra duties.

But it is likely that the bad effects will outweigh any such good effects, at least in the short run.

It is clear that the US is to blame for the trade war. Its unilateral actions are against the spirit and rules of the trading system, and have in fact undermined its legitimacy and viability.

The steel and aluminium tariffs were imposed under the US security clause of its domestic trade law, while the other tariff increases are under Section 301 of the trade law. The US actions are against various World Trade Organisation (WTO) rules.

Challenges to the US unilateral measures have been taken by China and other countries at the WTO. If the US is found in violation, which is quite likely, it has to stop its actions or face retaliation: the countries that win the cases heard by the WTO panels of experts are allowed to impose equivalent tariffs on US products.

However, the US has engineered a crisis in the WTO’s dispute settlement system so that soon the outcome of successful cases against it cannot be implemented.

This is because the US is now paralysing the WTO’s Appellate Body by refusing to allow new members of the body to be appointed to replace those retiring. Soon there will be only three members left, out of a full body of seven. Two more will be retiring in January 2019. A minimum of three members is needed to sit on a case.

Thus, if a lower-level panel rules against the US’ unilateral actions, and the US lodges an appeal that cannot be heard because there are not enough appellate body members, the panel decision cannot be enforced.

This would make the WTO quite a toothless organisation. There would be no legal remedy to enforce penalties for breaking the WTO laws. Countries that impose unilateral tariff increases can get away with it. In turn, other countries would also do the same.

The rules-based trade system is already starting to break down. We are now seeing blatant protectionism by the US and retaliation by affected countries. Within months, the trade war could spread, with the law of the jungle becoming more prominent.

Tears will not be shed in the developing countries if some rules cannot be upheld anymore, such as the WTO’s TRIPS agreement on intellectual property. The free trade economist Jagdish Bhagwati has said the TRIPS treaty does not belong in the WTO.

But what all members like about the WTO is its role in ensuring the predictability that their exports can sell in the markets of its members, with tariffs at rates agreed to at the WTO.

If that predictability is lost, then there can be a lot of uncertainty, as one country after another can unilaterally impose extra tariffs on other countries, which may then trigger retaliation.

This breakdown of the trading system may be the more serious effect of what started as a US-initiated trade war.

Trump may not care what happens to the system, as he has said many times that the WTO is a terrible organisation that the US should leave. And his recent actions, in fact, seem calculated to undermine, if not destroy it.

It is a new world we are looking at, in a scenario that would not have appeared possible a year or even months ago.

Policy makers, companies, analysts and the public should ponder about this, even as they follow the details of the tit-for-tat trade war that the US is waging against China and other countries.

Martin Khor is adviser of the Third World Network. The views expressed here are entirely his own.

Credit: Global Trend by Martin Khor


Related:



China won't yield to US trade stick

We also hope that the Chinese public gets to know the causes and effects of the event and the steadiness of the Chinese government's policies. No matter how long China-US trade conflicts last, China is doing what it should. China is honest and principled and a major trade power with intensive strengths. No one can take us down.

US hysterical in blocking sci-tech exchanges

The US is anxious about its temporary gains and losses. One minute it wants Sino-US exchanges, but the next it worries China is taking advantage. Its relevant policies are bound to change all the time. Its latest decision is like the trade war. Washington's purpose is to drag Beijing down, but it will mostly hurt itself.



Related posts:


Trapped in US-China trade war when 2 elephantine economices fight ...


US-China trade war escalates, tariff list aims to hinder China’s high-tech development: expert

 

Trump's overture to emerging Asia drowned out by trade war with China

US Trade war with China overshadows US$113m investment initiatives trumpeted by US Secretary of State

 

China hits back after US imposes tariffs worth $34bn

 

 China staunch defender of free trade under WTO, meet the 'selfish giant' of global trade

 

Governance woes behind US trade war

Trade war's twrist: US and EU gang up deal against developing countrries?

 

Tariff war threatens world trading system

https://youtu.be/BCu1Mt9GWT8 https://youtu.be/BheswegaOKk https://youtu.be/1_udiBoAP68

TODAY marks another milestone in the escalating global trade war that threatens to shake the foundations of the world trading system and cause economic uncertainty at a time of financial fragility. It’s an altogether bad development that adds more gloom to global economic prospects.

Last week, the United States announced it would slap an additional 10% tariff on US$200bil worth of imports from China. Hours later, China said it would put 5% to 10% extra tariffs on US$60bil of imports from the US.

Both sets of tariff increases come into effect today. But that’s not all.

The US also said it would raise the extra tariffs on the US$200bil of imports from 10% now to 25% at the end of the year. And if China retaliates (which it now has), the US might slap higher tariffs on yet another US$267bil of Chinese imports.

This comes on top of tariffs on an initial US$50bil worth of imports that the US had placed on Chinese imports a few months ago, and equivalent tariffs on US$50bil on US imports that China imposed as retaliation.

And even before that, the US had put extra tariffs on steel and aluminium imports from all countries, except a few that were exempted for the time being.

The US is also threatening to put tariffs on imported auto vehicles and parts, including those from Europe. That is on hold because of a bilateral deal reached, but could be re-ignited if President Donald Trump is not satisfied with Euro­pean behaviour.

The US itself is experiencing negative effects of this trade war. The prices of the initial US$50bil of imported Chinese products have started to go up in the US, raising costs for both consumers and producers.

The Chinese are similarly affected. Exports of both countries are also bound to decline, and this will eventually affect their overall economic growth.

There will be collateral effects on other countries. In Asia, those that are integrated in the global supply chain will find less demand for their exports of components to China. The effect on Malaysia is projected by analysts to be around 0.4 to 0.7 percentage point of GNP in 2019.

This could be offset by positive effects. Some companies producing in China are considering relocating to other countries, including Malaysia, to escape the US’ punitive tariffs. And some Malaysian products may become cheaper than Chinese products, which will now attract extra duties.

But it is likely that the bad effects will outweigh any such good effects, at least in the short run.

It is clear that the US is to blame for the trade war. Its unilateral actions are against the spirit and rules of the trading system, and have in fact undermined its legitimacy and viability.

The steel and aluminium tariffs were imposed under the US security clause of its domestic trade law, while the other tariff increases are under Section 301 of the trade law. The US actions are against various World Trade Organisation (WTO) rules.

Challenges to the US unilateral measures have been taken by China and other countries at the WTO. If the US is found in violation, which is quite likely, it has to stop its actions or face retaliation: the countries that win the cases heard by the WTO panels of experts are allowed to impose equivalent tariffs on US products.

However, the US has engineered a crisis in the WTO’s dispute settlement system so that soon the outcome of successful cases against it cannot be implemented.

This is because the US is now paralysing the WTO’s Appellate Body by refusing to allow new members of the body to be appointed to replace those retiring. Soon there will be only three members left, out of a full body of seven. Two more will be retiring in January 2019. A minimum of three members is needed to sit on a case.

Thus, if a lower-level panel rules against the US’ unilateral actions, and the US lodges an appeal that cannot be heard because there are not enough appellate body members, the panel decision cannot be enforced.

This would make the WTO quite a toothless organisation. There would be no legal remedy to enforce penalties for breaking the WTO laws. Countries that impose unilateral tariff increases can get away with it. In turn, other countries would also do the same.

The rules-based trade system is already starting to break down. We are now seeing blatant protectionism by the US and retaliation by affected countries. Within months, the trade war could spread, with the law of the jungle becoming more prominent.

Tears will not be shed in the developing countries if some rules cannot be upheld anymore, such as the WTO’s TRIPS agreement on intellectual property. The free trade economist Jagdish Bhagwati has said the TRIPS treaty does not belong in the WTO.

But what all members like about the WTO is its role in ensuring the predictability that their exports can sell in the markets of its members, with tariffs at rates agreed to at the WTO.

If that predictability is lost, then there can be a lot of uncertainty, as one country after another can unilaterally impose extra tariffs on other countries, which may then trigger retaliation.

This breakdown of the trading system may be the more serious effect of what started as a US-initiated trade war.

Trump may not care what happens to the system, as he has said many times that the WTO is a terrible organisation that the US should leave. And his recent actions, in fact, seem calculated to undermine, if not destroy it.

It is a new world we are looking at, in a scenario that would not have appeared possible a year or even months ago.

Policy makers, companies, analysts and the public should ponder about this, even as they follow the details of the tit-for-tat trade war that the US is waging against China and other countries.

Martin Khor is adviser of the Third World Network. The views expressed here are entirely his own.

Credit: Global Trend by Martin Khor


Related:



China won't yield to US trade stick

We also hope that the Chinese public gets to know the causes and effects of the event and the steadiness of the Chinese government's policies. No matter how long China-US trade conflicts last, China is doing what it should. China is honest and principled and a major trade power with intensive strengths. No one can take us down.

US hysterical in blocking sci-tech exchanges

The US is anxious about its temporary gains and losses. One minute it wants Sino-US exchanges, but the next it worries China is taking advantage. Its relevant policies are bound to change all the time. Its latest decision is like the trade war. Washington's purpose is to drag Beijing down, but it will mostly hurt itself.



Related posts:

Trapped in US-China trade war when 2 elephantine economices fight ...


US-China trade war escalates, tariff list aims to hinder China’s high-tech development: expert

 

Trump's overture to emerging Asia drowned out by trade war with China

US Trade war with China overshadows US$113m investment initiatives trumpeted by US Secretary of State

 

China hits back after US imposes tariffs worth $34bn

 

 China staunch defender of free trade under WTO, meet the 'selfish giant' of global trade

 

Governance woes behind US trade war

Trade war's twrist: US and EU gang up deal against developing countrries?

 

Friday, September 21, 2018

A question of faith, the corridors of power in Malaysia

Family dynasty: Malaysians are familiar with related politicians, but we should create a racket if Anwar is PM and Nurul Izzah becomes a Minister while Dr Wan Azizah still remains Deputy Prime Minister

The deal was sealed, yet, for inexplicable reasons, PKR president Datuk Seri Anwar Ibrahim's route to the top is being challenged ...


THE Port Dickson by-election has unexpectedly become a controversy for some PKR leaders and the party’s supporters.

Suddenly, Datuk Seri Anwar Ibrahim has found himself being openly challenged by some of the top brass for his purported failure to consult them on the selection of the coastal town for a by-election, and why his wife or daughter weren’t asked to vacate their seats, instead.

For sure, this is unfamiliar ground to any leader – to be openly challenged. Call it democracy, but it looks more like an open rebel.

Anwar is now being accused of nepotism and those who have defiantly questioned this move include prominent lawyer S. Ambiga, who is closely linked to Pakatan Harapan.

Even the issue of race has cropped up in social media, with some, hiding behind anonymity, demanding why an Indian MP had to be sacrificed for the PKR president.

Others have suggested that Anwar is an impatient man, and that he should wait until the next general election in five years’ time for his turn. Perhaps he could be named senator, first, and save the big bucks needed for a by-election.

However, some of these politicians have suddenly developed amnesia, it seems, now that they hold positions in government.

They seem to have forgotten the pledge made to Malaysians was for Anwar to be pardoned and released from his incarceration.

In fact, that’s the basis of the PKR struggle – to free Anwar, who had to live with the unofficial title of de facto PKR leader. He was the party boss, even while languishing behind bars for 11 years.

Love him or loath him, only Anwar can glue the PH government in Tun Dr Mahathir Mohamad’s absence.

Not any PH leader, including Datuk Seri Dr Wan Azizah Wan Ismail, Mohamed Sabu, Lim Guan Eng, or, for the time being, Datuk Seri Azmin Ali, could manage it.

It’s not about competence or ability, but about holding a government together. All his harshest critics, including those who questioned his trustworthiness, would admit it, even if reluctantly.

Anwar is also the only one who can man the fort against opponents like Umno, PAS and the right wingers who wield race and religion like weapons.

He was the man who issued press statements from jail, as we wondered how he did it.

And, of course, we remember all those street protests under different names and colours, all essentially for a singular purpose – to free him. So, it must be surprising to Anwar, who would probably feel slighted, to learn about the rebellious remarks made by some self-important key personalities for his need to first earn their approval and then consult them to contest in a by-election.

Suggestions of deceit abound, and no wonder, what with decisions shrouded in secrecy and lacking transparency.

And there we were thinking it was clear that Anwar would contest a by-election, get into Parliament and wait for his turn to be Prime Minister. Even premier Dr Mahathir has proclaimed unequivocally that he would hand the torch to Anwar and honour the agreement by the four partners of the Pakatan Harapan alliance to step down after two years.

So, the question is, how can Anwar be the successor if he is not an MP?

It’s pointless being the PM-in-waiting if one isn’t elected. We could not give two hoots about the charade and antics of politicians, who have the audacity to tell us they dislike politicking. We want certainty, stability and succession planning.

Dr Mahathir is already 93 years old, and it is just biologically and physically impossible to expect him to be PM until the next general election. We can’t allow the rigours of the job to take their toll on him.

A video of him walking wobbly recently circulated, so surely, we want him to remain healthy. However, he is still a mere mortal.

Anwar being named successor and elected into Parliament will provide better comfort because otherwise, an ugly scramble for power is bound to ensue, which we have no wish to see.

We don’t really care if Anwar chooses Port Dickson, Puncak Borneo or Timbuktu, because we are all suffering from the fatigue of election fever, which never seems to cease in Malaysia as they come in all forms and temperatures.

A by-election costs money. Also, it is in poor taste to ask a serving MP to step down to make way for Anwar. Most of us might hate the idea, but progression needs to take place.

Let’s be openly ignorant about this, because up until last week, most of us had never heard of Datuk Danyal Balagopal Abdullah, with due respect. Of course, we didn’t even know he was a retired first admiral. But those who attended his ceramah during GE14 said he never failed to remind them he served in the navy for 38 years.

Danyal has been recognised as the “voice” of the navy, and for them, his loss means no one will champion their cause.

Once Anwar is elected MP and eventually becomes Prime Minister, the full breadth of his ability will be on display, courtesy of his authority and power as a leader. Every constituent would want the serving PM as their MP, so the same can be said for PD. Surely, they can see the preferential treatment accorded to Langkawi and Pekan.

Then there is the issue of family dynasty, but let’s not get into this because the Lim brood has two MPs and a senator, the Karpal clan has two MPs and one state assemblymen, and of course, there’s the PM and his Mentri Besar son.

Malaysians are familiar with this situation, and how most of these individuals got elected is proof that it has never been an issue.

But we should create a racket if Anwar is PM and Nurul Izzah becomes a Minister while Dr Wan Azizah still remains Deputy Prime Minister.

You can count on your bottom ringgit, though, that’s neither going to happen, nor be allowed to happen.

Credit: On The Beat , Wong Chun Wai - The Star's managing director/chief executive officer and formerly the group chief editor.

Well, at least that is the plan, unless Mahathir moves first and scuttles this plan. Now, what was that again about Malaysia being a boring country to live in? Let me tell you, even the UK and the US, which are also in political turmoil, are not as interesting as Malaysia. And I think I will support Mahathir just to see Anwar fail and to make sure the rollercoaster ride ends here, once and for all.

 I would rather support Mahathir than Anwar -  

THE CORRIDORS OF POWER by Raja Petra Kamarudin 


If it comes down to whether to support Tun Dr Mahathir Mohamad or Anwar Ibrahim, in 1998 I supported Anwar (although I did not like both). Today, I would support Dr Mahathir rather than Anwar (even though I still do not like both).

The issue here is between the lesser of the two evils, as the Pakatan Harapan people, in particular the DAP Chinese, have been telling us since 2015. So, it is not whether you support the angel or the devil but more like which of the two devils you prefer.

I suppose, to be able to stay as Prime Minister for 22 years, survive so many ‘assassination’ attempts over those 22 years, and to be able to come back 15 years later for a second round, you really need to be a devil.

Now, the reason why I prefer Mahathir over Anwar is because Anwar has been taking us for a rollercoaster ride for the last 40 years or so and that ride is still not over. Now we are going for yet another rollercoaster ride with the ‘PD Move’ after the most disastrous ‘Kajang Move’ that took us nowhere.



The plan was for Anwar and not Mahathir to become the Seventh Prime Minister

With Anwar you do not know whether you are coming or going. One day we are asked to go east and another day we are told to go west. And while Anwar confuses us with the change of direction from east to west, we find out that he is going north while leaving us all behind.

Say what you like about Mahathir, but when you serve him he looks after you well. He never abandons ship and allows you to drown. If you are loyal to Mahathir he is loyal to you in return.

Anwar, however, is another kettle of fish. He uses you to serve his agenda and when you are no longer useful to him he discards you. Your loyalty is not repaid. In fact, your loyalty is betrayed.

And this is what makes Mahathir a better ‘boss’ compared to Anwar.

Back in 2006 when I used to go to Mahathir’s house to meet him, he would wait for me at the door and walk me to my car when we leave. That ‘small gesture’ meant a lot considering he was the ex-Prime Minister.

At least Mahathir does not treat you like a donkey the way Anwar does

Do not expect that from Anwar. He would sit on his throne and expect you to pay him homage.

In 2008, the day I was released from ISA detention, Mahathir phoned me to ask how I was. That phone call made my day and convinced me that Mahathir cares about the people who work for him or with him.

On the other hand, I had to make an appointment to meet Anwar and only managed to see him two weeks later. And when I met him he never inquired about my health. He just spoke about how he is going to come back as Prime Minister — as if I cared whether he becomes Prime Minister or not.

As I said, for more than 40 years Anwar has been taking us on a rollercoaster ride and with him we really do not know whether we are coming or going. In the 1970s, I supported Anwar Ibrahim because he supported PAS — and I also supported PAS after I moved to Terengganu in 1974.


Anwar defected to Umno in 1982 because that was the only way be could become Prime Minister

In 1982, Anwar abandoned us and defected to Umno in what I considered a betrayal. But when Anwar needed to challenge the Umno Youth leader, Suhaimi Kamaruddin, and he did not have the ‘machinery’, he came back to us for help.

Anwar promised if he wins the Umno Youth leadership he will make Umno more Islamic. Ustaz Fadzil Muhammad Noor, the late PAS President, told us to give Anwar a chance so we supported Anwar in his challenge for the Umno Youth leadership.

In 1987, Tengku Razaleigh Hamzah (Ku Li) challenged Mahathir for the Umno presidency (while Tun Musa Hitam challenged Tun Ghafar Baba for number two). Anwar instructed us to support Mahathir and Ghafar (even though at that time most of us preferred Ku Li).

Then we realised why Anwar instructed us to support Mahathir and Ghafar. If Ku Li and Musa wins, Anwar is finished. If Mahathir and Ghafar wins instead, Anwar can oust Ghafar and take over as number two and then oust Mahathir and take over as number one.


Anwar wanted Ghafar to win because it would be easier to oust Ghafar and take over as the new Deputy Prime Minister

That was already Anwar’s plan in 1987. In 1993, Anwar challenged Ghafar for the Umno Deputy Presidency but I refused to support him and left his team. This is because Anwar was being funded by Vincent Tan and hundreds of millions was being spent to oust Ghafar — RM200 million in Sabah alone.

Because Ghafar could not match Anwar’s financial onslaught, he backed out and allowed Anwar to win uncontested. Four years later, in 1997, Anwar made his move to oust Mahathir but Mahathir was ready for him. This time Anwar was outfoxed by the old fox.

Fast-forward to 2018. Anwar is yet again preparing to challenge Mahathir for the post of Prime Minister. We would think he would have learned his lesson from the 1997 fiasco. Anwar wants to be back in Parliament by October in time for the November session.


Anwar expects Azmin to lose the deputy presidency contest, after which he will leave PKR with his supporters

Anwar’s plan is simple. He wants to do a deal with Umno and PAS and create a new or third coalition (let’s call it Barisan Rakyat). Anwar wants to make sure that Rafizi Ramli wins the PKR deputy presidency and he expects Azmin Ali to leave PKR with his supporters and join PPBM.

Anwar has been talking to Taib Mahmud and Shafie Apdal to get Sarawak and Sabah to join his new coalition. With half of Umno, more than half of PKR, PAS, Sabah and Sarawak, Anwar can get enough majority to form a government.

And, by Christmas, ‘Malaysia Lagi Baru’ will have ‘Barisan Rakyat’ running the country with Anwar as Prime Minister and Ahmad Zahid Hamidi as Deputy Prime Minister — and with another two Deputy Prime Ministers, most likely from PAS and Sabah-Sarawak.

Well, at least that is the plan, unless Mahathir moves first and scuttles this plan. Now, what was that again about Malaysia being a boring country to live in? Let me tell you, even the UK and the US, which are also in political turmoil, are not as interesting as Malaysia. And I think I will support Mahathir just to see Anwar fail and to make sure the rollercoaster ride ends here, once and for all.

A question of faith, the corridors of power in Malaysia

Family dynasty: Malaysians are familiar with related politicians, but we should create a racket if Anwar is PM and Nurul Izzah becomes a Minister while Dr Wan Azizah still remains Deputy Prime Minister

The deal was sealed, yet, for inexplicable reasons, PKR president Datuk Seri Anwar Ibrahim's route to the top is being challenged ...


THE Port Dickson by-election has unexpectedly become a controversy for some PKR leaders and the party’s supporters.

Suddenly, Datuk Seri Anwar Ibrahim has found himself being openly challenged by some of the top brass for his purported failure to consult them on the selection of the coastal town for a by-election, and why his wife or daughter weren’t asked to vacate their seats, instead.

For sure, this is unfamiliar ground to any leader – to be openly challenged. Call it democracy, but it looks more like an open rebel.

Anwar is now being accused of nepotism and those who have defiantly questioned this move include prominent lawyer S. Ambiga, who is closely linked to Pakatan Harapan.

Even the issue of race has cropped up in social media, with some, hiding behind anonymity, demanding why an Indian MP had to be sacrificed for the PKR president.

Others have suggested that Anwar is an impatient man, and that he should wait until the next general election in five years’ time for his turn. Perhaps he could be named senator, first, and save the big bucks needed for a by-election.

However, some of these politicians have suddenly developed amnesia, it seems, now that they hold positions in government.

They seem to have forgotten the pledge made to Malaysians was for Anwar to be pardoned and released from his incarceration.

In fact, that’s the basis of the PKR struggle – to free Anwar, who had to live with the unofficial title of de facto PKR leader. He was the party boss, even while languishing behind bars for 11 years.

Love him or loath him, only Anwar can glue the PH government in Tun Dr Mahathir Mohamad’s absence.

Not any PH leader, including Datuk Seri Dr Wan Azizah Wan Ismail, Mohamed Sabu, Lim Guan Eng, or, for the time being, Datuk Seri Azmin Ali, could manage it.

It’s not about competence or ability, but about holding a government together. All his harshest critics, including those who questioned his trustworthiness, would admit it, even if reluctantly.

Anwar is also the only one who can man the fort against opponents like Umno, PAS and the right wingers who wield race and religion like weapons.

He was the man who issued press statements from jail, as we wondered how he did it.

And, of course, we remember all those street protests under different names and colours, all essentially for a singular purpose – to free him. So, it must be surprising to Anwar, who would probably feel slighted, to learn about the rebellious remarks made by some self-important key personalities for his need to first earn their approval and then consult them to contest in a by-election.

Suggestions of deceit abound, and no wonder, what with decisions shrouded in secrecy and lacking transparency.

And there we were thinking it was clear that Anwar would contest a by-election, get into Parliament and wait for his turn to be Prime Minister. Even premier Dr Mahathir has proclaimed unequivocally that he would hand the torch to Anwar and honour the agreement by the four partners of the Pakatan Harapan alliance to step down after two years.

So, the question is, how can Anwar be the successor if he is not an MP?

It’s pointless being the PM-in-waiting if one isn’t elected. We could not give two hoots about the charade and antics of politicians, who have the audacity to tell us they dislike politicking. We want certainty, stability and succession planning.

Dr Mahathir is already 93 years old, and it is just biologically and physically impossible to expect him to be PM until the next general election. We can’t allow the rigours of the job to take their toll on him.

A video of him walking wobbly recently circulated, so surely, we want him to remain healthy. However, he is still a mere mortal.

Anwar being named successor and elected into Parliament will provide better comfort because otherwise, an ugly scramble for power is bound to ensue, which we have no wish to see.

We don’t really care if Anwar chooses Port Dickson, Puncak Borneo or Timbuktu, because we are all suffering from the fatigue of election fever, which never seems to cease in Malaysia as they come in all forms and temperatures.

A by-election costs money. Also, it is in poor taste to ask a serving MP to step down to make way for Anwar. Most of us might hate the idea, but progression needs to take place.

Let’s be openly ignorant about this, because up until last week, most of us had never heard of Datuk Danyal Balagopal Abdullah, with due respect. Of course, we didn’t even know he was a retired first admiral. But those who attended his ceramah during GE14 said he never failed to remind them he served in the navy for 38 years.

Danyal has been recognised as the “voice” of the navy, and for them, his loss means no one will champion their cause.

Once Anwar is elected MP and eventually becomes Prime Minister, the full breadth of his ability will be on display, courtesy of his authority and power as a leader. Every constituent would want the serving PM as their MP, so the same can be said for PD. Surely, they can see the preferential treatment accorded to Langkawi and Pekan.

Then there is the issue of family dynasty, but let’s not get into this because the Lim brood has two MPs and a senator, the Karpal clan has two MPs and one state assemblymen, and of course, there’s the PM and his Mentri Besar son.

Malaysians are familiar with this situation, and how most of these individuals got elected is proof that it has never been an issue.

But we should create a racket if Anwar is PM and Nurul Izzah becomes a Minister while Dr Wan Azizah still remains Deputy Prime Minister.

You can count on your bottom ringgit, though, that’s neither going to happen, nor be allowed to happen.

Credit: On The Beat , Wong Chun Wai - The Star's managing director/chief executive officer and formerly the group chief editor.

Well, at least that is the plan, unless Mahathir moves first and scuttles this plan. Now, what was that again about Malaysia being a boring country to live in? Let me tell you, even the UK and the US, which are also in political turmoil, are not as interesting as Malaysia. And I think I will support Mahathir just to see Anwar fail and to make sure the rollercoaster ride ends here, once and for all.

 I would rather support Mahathir than Anwar -  

THE CORRIDORS OF POWER by Raja Petra Kamarudin 


If it comes down to whether to support Tun Dr Mahathir Mohamad or Anwar Ibrahim, in 1998 I supported Anwar (although I did not like both). Today, I would support Dr Mahathir rather than Anwar (even though I still do not like both).

The issue here is between the lesser of the two evils, as the Pakatan Harapan people, in particular the DAP Chinese, have been telling us since 2015. So, it is not whether you support the angel or the devil but more like which of the two devils you prefer.

I suppose, to be able to stay as Prime Minister for 22 years, survive so many ‘assassination’ attempts over those 22 years, and to be able to come back 15 years later for a second round, you really need to be a devil.

Now, the reason why I prefer Mahathir over Anwar is because Anwar has been taking us for a rollercoaster ride for the last 40 years or so and that ride is still not over. Now we are going for yet another rollercoaster ride with the ‘PD Move’ after the most disastrous ‘Kajang Move’ that took us nowhere.



The plan was for Anwar and not Mahathir to become the Seventh Prime Minister

With Anwar you do not know whether you are coming or going. One day we are asked to go east and another day we are told to go west. And while Anwar confuses us with the change of direction from east to west, we find out that he is going north while leaving us all behind.

Say what you like about Mahathir, but when you serve him he looks after you well. He never abandons ship and allows you to drown. If you are loyal to Mahathir he is loyal to you in return.

Anwar, however, is another kettle of fish. He uses you to serve his agenda and when you are no longer useful to him he discards you. Your loyalty is not repaid. In fact, your loyalty is betrayed.

And this is what makes Mahathir a better ‘boss’ compared to Anwar.

Back in 2006 when I used to go to Mahathir’s house to meet him, he would wait for me at the door and walk me to my car when we leave. That ‘small gesture’ meant a lot considering he was the ex-Prime Minister.

At least Mahathir does not treat you like a donkey the way Anwar does

Do not expect that from Anwar. He would sit on his throne and expect you to pay him homage.

In 2008, the day I was released from ISA detention, Mahathir phoned me to ask how I was. That phone call made my day and convinced me that Mahathir cares about the people who work for him or with him.

On the other hand, I had to make an appointment to meet Anwar and only managed to see him two weeks later. And when I met him he never inquired about my health. He just spoke about how he is going to come back as Prime Minister — as if I cared whether he becomes Prime Minister or not.

As I said, for more than 40 years Anwar has been taking us on a rollercoaster ride and with him we really do not know whether we are coming or going. In the 1970s, I supported Anwar Ibrahim because he supported PAS — and I also supported PAS after I moved to Terengganu in 1974.


Anwar defected to Umno in 1982 because that was the only way be could become Prime Minister

In 1982, Anwar abandoned us and defected to Umno in what I considered a betrayal. But when Anwar needed to challenge the Umno Youth leader, Suhaimi Kamaruddin, and he did not have the ‘machinery’, he came back to us for help.

Anwar promised if he wins the Umno Youth leadership he will make Umno more Islamic. Ustaz Fadzil Muhammad Noor, the late PAS President, told us to give Anwar a chance so we supported Anwar in his challenge for the Umno Youth leadership.

In 1987, Tengku Razaleigh Hamzah (Ku Li) challenged Mahathir for the Umno presidency (while Tun Musa Hitam challenged Tun Ghafar Baba for number two). Anwar instructed us to support Mahathir and Ghafar (even though at that time most of us preferred Ku Li).

Then we realised why Anwar instructed us to support Mahathir and Ghafar. If Ku Li and Musa wins, Anwar is finished. If Mahathir and Ghafar wins instead, Anwar can oust Ghafar and take over as number two and then oust Mahathir and take over as number one.


Anwar wanted Ghafar to win because it would be easier to oust Ghafar and take over as the new Deputy Prime Minister

That was already Anwar’s plan in 1987. In 1993, Anwar challenged Ghafar for the Umno Deputy Presidency but I refused to support him and left his team. This is because Anwar was being funded by Vincent Tan and hundreds of millions was being spent to oust Ghafar — RM200 million in Sabah alone.

Because Ghafar could not match Anwar’s financial onslaught, he backed out and allowed Anwar to win uncontested. Four years later, in 1997, Anwar made his move to oust Mahathir but Mahathir was ready for him. This time Anwar was outfoxed by the old fox.

Fast-forward to 2018. Anwar is yet again preparing to challenge Mahathir for the post of Prime Minister. We would think he would have learned his lesson from the 1997 fiasco. Anwar wants to be back in Parliament by October in time for the November session.


Anwar expects Azmin to lose the deputy presidency contest, after which he will leave PKR with his supporters

Anwar’s plan is simple. He wants to do a deal with Umno and PAS and create a new or third coalition (let’s call it Barisan Rakyat). Anwar wants to make sure that Rafizi Ramli wins the PKR deputy presidency and he expects Azmin Ali to leave PKR with his supporters and join PPBM.

Anwar has been talking to Taib Mahmud and Shafie Apdal to get Sarawak and Sabah to join his new coalition. With half of Umno, more than half of PKR, PAS, Sabah and Sarawak, Anwar can get enough majority to form a government.

And, by Christmas, ‘Malaysia Lagi Baru’ will have ‘Barisan Rakyat’ running the country with Anwar as Prime Minister and Ahmad Zahid Hamidi as Deputy Prime Minister — and with another two Deputy Prime Ministers, most likely from PAS and Sabah-Sarawak.

Well, at least that is the plan, unless Mahathir moves first and scuttles this plan. Now, what was that again about Malaysia being a boring country to live in? Let me tell you, even the UK and the US, which are also in political turmoil, are not as interesting as Malaysia. And I think I will support Mahathir just to see Anwar fail and to make sure the rollercoaster ride ends here, once and for all.

Thursday, September 20, 2018

America First? China Is Dominating Global Technology

https://youtu.be/uEvu0HQQKKs https://youtu.be/aOYfUlOXMyU https://youtu.be/cHGkdPPlnR8 https://youtu.be/VoJmbjrvXHg https://youtu.be/-xHshQnuHZo https://youtu.be/MJLpGiHhr8E https://youtu.be/bihdCkIfA2Q https://youtu.be/xKfdhpt5b5s https://youtu.be/aG-8Fmk58-M https://youtu.be/jw3SoqZ3rFg https://youtu.be/wcumDVrus5Q https://youtu.be/uLqJQPr9TD4 https://youtu.be/g58MI9p-rUg

America First? China Is Dominating Global Technology

https://youtu.be/uEvu0HQQKKs https://youtu.be/aOYfUlOXMyU https://youtu.be/cHGkdPPlnR8 https://youtu.be/VoJmbjrvXHg https://youtu.be/-xHshQnuHZo https://youtu.be/MJLpGiHhr8E https://youtu.be/bihdCkIfA2Q https://youtu.be/xKfdhpt5b5s https://youtu.be/aG-8Fmk58-M https://youtu.be/jw3SoqZ3rFg https://youtu.be/wcumDVrus5Q https://youtu.be/uLqJQPr9TD4 https://youtu.be/g58MI9p-rUg