Friday, July 28, 2017

If Transformation Works Why do the Rakyat Suffer?



A Kadir Jasin
PROLOGUE: On July 25, while officiating at Invest Malaysia 2017, the Prime Minister, (Datuk Seri I Mappadulung Daeng Mattimung Karaeng Sandrobone Sultan Abdul Jalil) Mohd Najib Abdul Razak, bragged about the success of his economic transformation and took a swipe at the former Prime Minister, Tun Dr Mahathir Mohamad.

Najib, claiming credit and blaming Dr Mahathir
His key message: Transformation strategy works and Malaysia is in good hands. Investment keeps flowing in, jobs created, inflation and unemployment remains low, and GDP per capita is nearing high-income threshold. Only BN can provide stability.

A senior and illustrious member of our KKA (Kedai Kopi Assembly/Coffee Shop Assembly) wrote to me to respond to the Prime Minister.

[REMINDER. Anonymous comments will not be published.]

I publish below and in full his analysis.

PM Argument 1: Malaysia is getting richer. Between 2009 and 2016, Gross National Income has increased by nearly 50 percent, and GNI per capita using the Atlas method increased to US$9,850, and based on the World Bank’s latest high income threshold of US$12,235, we have narrowed the gap towards the high income target from 33 percent to 19 percent.

Comment: Data shows that the 19% gap is the same as in 2012. So basically, we are in the same spot in the past five years. Even if we compare our performance in the past two years, we are actually moving backwards, not forward towards high-income status. The gap in 2015 was 15%, but now it is 19%. In any case, being high-income is pointless. Focus should be on a developed nation status, inclusiveness and sustainability.

PM Argument 2: Some 2.26 million jobs have been created, which represents 69 percent of the 3.3-million target we want to reach by 2020. Clearly, we are making the right progress towards those goals.

Comment: (A) Most of the job created were low-income jobs, which would not make us high-income workers or high-income nation. Data from the Economic Planning Unit (EPU) shows that between 2010 and 2014, the share of skilled workers in total employment has in fact declined, from 27.6% in 2010 to 25.5% in 2014. The creation of mostly labour-intensive and low-productivity employment in the country pushed up the share of low-skilled worker to total employment from 9.5% to 15% during the same period. We create low-income jobs more than high-income jobs.

(B)Salary remains low. Last year, wages and salaries only grew by less than one per cent, or just RM17 in real terms. Half of the workers in Malaysia earn less than RM2,000 per month. For fresh graduates, starting salaries have remained largely stagnant since 2007. 

PM Argument 3: Inflation and unemployment have been kept low.

Comment: Unemployment remains relatively high. Last year the number of unemployed went up by 12%. Youth unemployment rate was at 10.7% - higher than 10.2% in 2016, despite that the economy still growing. In fact, among those with tertiary education, the unemployment rate is higher at 15.3% compared with youth without tertiary education at 9.8%. Inflation is going up. Last year it was 2.1%. This year’s 1st quarter was already 4.3%.

PM Argument 4: Our currency, the ringgit, has been described by Bloomberg recently as, and I quote, “easily the strongest major Asian currency this quarter, climbing twice as much as the next best, the Chinese yuan.

Comments: If we look at the wider horizon, our currency has weakened by 42% against the US dollar between 2011 and 2016. Last year, it depreciated by 4.5% and the year before, that it was down by a whopping 23%. The ringgit has also weakened against currencies of poorer countries in the region. In the past two years - 2015 and 2016 - our currency dropped by 14% against the Philippine’s peso, 15% against Thailand’s baht, and 16% against Indonesian’s rupiah. Remember the ringgit was at 3.09 against the dollar in 2012.

PM Argument 5: the equity market there were net inflows of RM11 billion in the first half of 2017, compared to RM3 billion of net outflows during the whole of 2016.

Comment: Again, we need to widen the horizon. Between 2014 and 2016, KLCI already lost 13% of its market value.   

EPILOGUE: My own feeling is the Prime Minister was being selective and, in doing so, had insulted the intelligence of the audience. Or he was duped by his speech writers into believing that his audience was made of idiots and the rakyat are fools.

He asked his listeners to look past 1MDB but he is afraid to debate the 1MDB’s so-called lapses even in Parliament where he has more members than the Opposition.

As he bragged about the FDI inflows he ignored the fact that the very investors, who helped put this country on the road to industrialisation, are leaving in droves.

Of course he wasn’t about to acknowledge that the improved ratings by the global agencies happened at the expense of the people.

He was given a good rating by these agencies because of his Economic Transformation Plan (ETP) is pro-market. Like him, these people didn't care that the GST had raised prices and impoverished the people. They only cared about profits and their fat bonuses.

Wallahuaklam.


46 comments:

Lee Watt said...

"Rakyat suffer"...? Which rakyat are you talking about? Mahathir's cronies who now can't get handouts and concessions to Ali Baba anymore?

Or is this the bums with low qualifications, no skills but want starting salary of RM3.5k?

For me, things have become better and better since Pak Lah's time. Went up much more when Najib became PM. Various business opportunities around for those willing to work hard. Not those who depend on handouts and comcessions.

You want me to change this good life so that Mukhriz can become PM? NO WAY!!

dt rahman pekan said...

this is what happens when u leave 'power point' experts 2 prepare n u just read it out wthout proper understanding.

I still remember during d last days of saddam hussien. his information minister Muhammad saeed al- sahhaf told d press that Iraq is still winning d war despite d fact that d American soldiers were a step away from his ministry.

he was captured but later released n now reportedly living in d UAE. saddam was later captured while living in n undergroung bunker n later hanged.

d similitude is there. one can tell d world untruths but it wil come 2 bite n haunt u when d chips r down n yr trusted lieutenants abandon u.

the pt that I m also trying 2 make here is that figures can b manipulated. if this happens, one is liable 2 b shredded 2 pieces by unbiased n honest experts.

Zalman A said...


Datuk,

How an Islamic country SHOULD deal with wrongdoing....

"Pakistan's top court on Friday disqualified Prime Minister Nawaz Sharif from office after a damning corruption probe into his family wealth, cutting short his third stint in power and ordering a criminal investigation of his family.

In a surprise move, the court also dismissed Finance Minister Ishaq Dar, one of Sharif's closest allies who has been credited with steering the economy to its fastest pace of growth in a decade.

But Sharif's ruling Pakistan Muslim League-Nawaz (PML-N) party, which has a majority in parliament, is expected to name a new prime minister to hold office until elections due next year.

The Supreme Court ruled unanimously that Sharif was not fit to hold office after an investigative panel alleged his family could not account for its vast wealth.

"He is no more eligible to be an honest member of the Parliament, and he ceases to be holding the office of prime minister," Judge Ejaz Afzal Khan said in court."

But in Malaysia, MO1 is still in power - and still stealing our money.

What went wrong with Malaysia?



sukasamasuka said...

Datuk,

"If Transformation Works Why do the Rakyat Suffer?"

1. Now, I recalled, sometime ago, I was asking this street boy what's on his hand...it was a "Transformer" toy!...if I am not mistaken, he said something about "robots changing shapes...good robots fighting evil robots to secure resources on earth"...something like that.

2. Based on that simple boy's logics, the so-called Transformation things by (Datuk Seri I Mappadulung Daeng Mattimung Karaeng Sandrobone Sultan Abdul Jalil) Mohd Najib Abdul Razak, really sucks.

3. Let me explain.

Tunku transformed the three distinct geographical regions into one region called "Malaysia"...that a deep transformation.

4. Tun transformed Malaysia from agrarian economy to industrial one...that's very deep too as it involved fundamental structural changes in our education system as well as the land usage to built factories.

5. Najib did not change the "rough diamond" into a "Pink Diamond"...no...no...no...he didn't do it....the works have been done for him by the previous PMs, with the exception of the sleeping one.

6. So, I don't know what is this so called Transformation stuffs Datuk is talking about?...seriously!...that's something new to me!...Damn, did I miss the boat or something? Again, all these bloody East Malaysians people is just a useless bunch of idiots!

7. Please don't expect a noodle seller like me to understand ok, knowing Najib's character, he is a guy who loves to simply "bury his head in the sand" as he speaks.

8. Just look at the number..."Inflation is going up. Last year (2016) it was 2.1%. This year’s 1st quarter was already 4.3%."...Datuk makan hempas padi ke atau makan rumput?..atau jilat "Pink Diamnond"?

When GST is 6%, how come inflation was at 2.1%, or even 4.3%?

Something is wrong la Datuk...the baskets of goods and services to calculate the inflation rate, simply sucks!..can BNM re-work this out-dated numbers, for heaven's sake?

Jangan cakap la...biar la anakharamzadah tu cakap apa yang dia suka.

9. Can someone enlighten us, what has been transformed?..economy?...education?...
investment?...Police?..AG?..what?

10. Najib cannot "bury his head all the time"...so, as a simple yardsticks to measure his successes, tell us in plain language, did he managed to transform the Malay Institutions like Felda, FGV, Tabung Haji, LTAT, PNB, KWP, into successful corporate giants-Transformers to secure more resources for the Malays, or

Oooooopssss...sorry!

Anjang Utara said...

Its the capitalist world anyway, created for the bankers elit, what is there left for the common.

sukasamasuka said...

Datuk,

"...high income target"

1. Why Najib is so obsessed with this "high income target"?

2. He is chasing a ghost. The goalpost keep on changing...the World Bank’s latest high income threshold of US$12,235 is changing all the time.

3. Perhaps, he has a Bugis-mentality about money. People like him, has this "cari duit" mentality to hit the target...like most Malays are.

4. You don't "cari duit" unless it litters the street like pebbles and rubbish and you just need a vacuum cleaner to pick it up.

5. Well, we all know by now, his way of "cari duit" can also be translated literally as..."curi duit"...or, "kalau tak cukup duit, tambah cukai dan tambah hutang".

6. "Curi duit RM2.6 bil" yang masuk akaun peribadi MO1 senang saja kasi selesai, mana itu surat menyurat?...itu saja.

7. GST and Tourism Tax...new taxes...for what?...the excuse that other countries have similar taxes won't sell...neither, the argument that UK etc has higher GST (VAT) than Malaysia is of any significance.

Look at the quality our services (schools, education, border security, Internet access, roads etc) and the fundamentals of our democratic system (the AG, the Police, BNM, MACC etc)...are they similar to UK, US, Norway, Finland, Japan?...if they are, than our GST is bloody cheap indead...I think we deserve to pay a minimum of 15-20%.

Even, the Most Senior "Pondan of Rengas" got f****d up with the basic Tourism Tax!...so desperate to "cari duit"...macam mana mau jadi "Chief" kalau begini...pergi la lawat Sabah dan Sarawak, kasi explain sama durang...takut ke?

8. Collecting new taxes without improving services is very wrong...zalim nama nya!

9. So, what is this "high income target" that he is so proud of?...when the number of BR1M recipients keep on increasing?...when the value of our RM keep on falling?...when the cost of living spiraling upwards?

10. Seriously, pensioners like me...perhaps 18-20% of us, excluding Datuk and Tun...we suffer the most...in silence...malu ba mau bising2...nanti kena marah bini pula...hari hari isap jari tengok itu harga barang naik...kalau itu "barang" yang naik, siok huga.

Aku said...

Kadiag, السلام عليكم
Ini pandangan lain sikit :
"Semalam, ketika berucap di sebuah program pelaburan antarabangsa, Invest Malaysia, Najib seolah-olah berdiri dalam program politik tempatan dengan tampil menyerang dan memperlekehkan Pakatan Harapan serta Tun Mahathir Mohamad.

Apa perlunya menyerang Pakatan Harapan dan Tun Mahathir di depan mereka, selain menunjukkan kelemahan dan jiwa kacau yang sedang melanda dirinya?

Dengan berbuat demikian, beliau secara tidak langsung telah mempamerkan wajah ketakutannya kepada golongan pelabur terhadap goyangnya kedudukan kuasa yang sedang dipegangnya.

Berbanding keutamaan menarik pelabur dan meyakinkan mereka mengenai prospek ekonomi negara, Najib terlihat sangat bimbang untuk menghadapi pilihanraya umum akan datang dan ini sesuatu yang tidak pernah dilakukan oleh mana-mana Perdana Menteri sebelum ini."(dari Gajahmenta.blogspot, July 2017).

Dan
"... in politics. Rosmah is widely known in Malaysia as the one who wields the real power" dari South China Morning Post (HK) (July 2017)..

Dan ini semua berlatagbelakang PM Pakistan Nawab Sharif terpaksa letak jawatan, anak pompuan Islam Karimov (Uzbekistan) masok penjara, Inada, menteri pertahanan Jepun pon letak jawatan...
Munkin Mad bin Saleh kata MO1 Malaya ni "making a spectacle of himself".
Maghap no.
Aku

awang marang said...


Salam Dato,

kesian, sekali lagi rakyat ditipu dengan retorik retorik kosong!

apa kata Tuang Punasihat?

Unknown said...

The seafood and other food prices rising very fast during najib's time. But real income going on the opposite direction. 9 million people (???) applied for Br1m. Is this what you meant A PROGRESS?.

I do not support anybody. But the Rakyat really suffer under najib.

A Malay guy pretend to be Chinese; ) said...

"things have become better and better since Pak Lah's time. Went up much more when Najib became PM.."

- Yup rakyat are extremely happy to pay GST. They too extremely happy various subsidies abolished to save money..

Layman said...

If the oppositons spreading 'barefaced lies' about the economy, why on earth your government REJECTED all questions regarding 1MDB in parliament?

If your government so truthful, so credible while everyone else and the whole world were telling lies all this while, then why afraid to answer them in neutral place like parliament?

Penyamun Malaya said...

Pendek saja soalan saya.
What does a penyamun know other than menyamun?
What does a liar know other than lying?

Manusia yang bijak dan cerdik akan jadikan prestasi kerjanya sebagai bukti kebijaksanaannya.
Tapi orang yang lemah dan bodoh akan bercakap dan memuji prestasinya untuk dibuktikan kepada orang lain.

A smart person doesn't need to prove himself, he will let his performance talk by itself.
But a stupid person will talk about his performance just to prove himself.

How Ironic said...

Regardless all the facts churned out to show how brilliant he has managing the economy, the fact is our foreign reserves stand less than 100 billion and national debts now at 907 billion, that is his glaring performance as finance minister actually. Gross mismanagement of country's finance.

When a crisis hits the economy, such as all of a sudden there's unexpected sanctions, an economic embargo or the currency nosedives into the abyss, it is our reserves which can save us from any kind of economic shock and calamities. If our foreign reserves stand at 97 billions, weak currency against the green back, how on earth can we weather the storm?

By churning out stuff like GNI, trade surplus, exports, capital market, praises from IMF and World Bank, is that the way you're measuring real economic performance?

Like Kadir Jasin said, if Transformation did work, why there's massive numbers of graduates waiting table at restaurants for the past several years? Why not enough high skill jobs created for the past year? Why prices skyrocketing out of control? Why massive budget cuts across the board each and every year?

All of these signal that the economy is doing well and government struggle to meet its obligations. We barely enough to get by year to year. Thanks to wasteful and imprudent spendings over the years.

Sir Arthony said...

"He asked his listeners to look past 1MDB but he is afraid to debate the 1MDB’s so-called lapses even in Parliament where he has more members than the Opposition.."

- I can't recall back in the early 90's, MPs with the likes of Lim Kit Siang or Tengku Razaleigh being prevented by the Speaker in august house from asking about Bank Negara forex loses. Nor all questions on the matter were rejected by the Speaker on the ground of subjudice. How time has changed...

sukasamasuka said...

Datuk,

"PM Argument 2: Some 2.26 million jobs have been created, which represents 69 percent of the 3.3-million target we want to reach by 2020. Clearly, we are making the right progress towards those goals."

1. That was the figure he quoted in July 25th 2017 while officiating at Invest Malaysia 2017.

2. 4 months earlier, during his keynote address at the 2017 Global Transformation Forum, at Kuala Lumpur Convention Centre on the 28/03/2017PM..

"Najib: 1.8 million jobs created by Malaysia’s NTP between 2010-2016"...(1)

3. In just 4 months, his figure changed by 460,000!

4. This guy is really amazing. Remember, he lied with 42 different explanations on his RM2.6 bil "Arab donation"...yet, not a single piece of document to prove...and, in front of local and international investors he lied again about his numbers.

5. Datuk, this bastard really know how to lie...who is he actually?

(1)http://www.humanresourcesonline.net/pm-najib-1-8-million-jobs-created-by-malaysias-ntp-between-2010-2016/

Hei Hooo said...

Why would foreign investors even bother to come here in the first place? At the moment they don't want anything to do with Malaysia. The last thing foreign investors ever wanted was to keep their money in the thief's house!..

sukasamasuka said...

Datuk,

- Transformation plan by Najib is designed to confuse people...very much like the concept of 1Malaysia.

- There are many off-shots to this Transformation plan with various abbreviations that no one seems to have any clue...as any man on the street, no one knows.

- He wants to outdo Vision 2020 with his touch of Transformation plans and the latest of which is TN50...in fact, you can't get the grip of what he says and what he does.

- But, one thing is for sure...a credit must go to him....him alone...no one else, but him...he managed to transform Malaysia into a Kleptocracy...a nation of thieves and plunderers...and he is sitting on top of that piles of shit...and, that is quite an outstanding achievement!

- More so, he is supported by the most extreme religious political group in the country...PAS.

- Kleptocracy is neither a political nor a moral term as such that one can brush it aside, perhaps due to differences in ideology and opinions, but a very serious term with legal implications to MO1 and the nation.

- KARI has no intention to embarrass Malaysia.

- It has no intention to play politic either.

- It means business. It means MO1 has messed up with the legal justice system in the US, that is something he must not do...like we don't want others to mess up ours.

- Put the legal implication aside for a while, it creates distrust and uncertainties...and, lots of embarrassments to us ordinary Malaysians in the eyes of the world.

= For the first time in 54 years, in the history of this nation...slightly after 500 years of being colonized...

Najib has successfully transformed Malaysia into a Kleptocracy!

Congratulation Najib!

A nation of Malay Kleptocracy!

A nation of Islamic Kleptocracy!

Let's Celebrate the American style...https://www.youtube.com/watch?v=3GwjfUFyY6M

Have a good time everybody!

Suria Suraya said...

Point 38 of his speech:

The OECD’s most recent economic assessment of Malaysia stated, and I quote: “Malaysia is one of the most successful Southeast Asian economies… thanks to sound macroeconomic fundamentals and its success in transforming its economy into a well-diversified and inclusive one.”

- He's trying to take credit from someone else efforts here. Pretty much like the overhype MRT without giving due credit to the real guy who had laid the foundation of light rail system project in the country.

Actually who is the REAL guy who turned Malaysia into one of the most successful Southeast Asian economies? Whose the real guy who turned Malaysia from mere importer of commodities and raw materials in the 70's into manufacturing based economy?

Who is the real guy who successfully diversifying the economy? In the 70's more the 50 percent of workforce employed by the state. By the mid 1990's it went down to mere 30 percent as a result of massive growth in the private sectors of the economy. A decade after privatization policy put in place.

Who's the real guy who laid this massive fundamentals in our country's economy and made it resilient to withstand any challenge such as the volatility of comodity prices in the 80's?

I guess everyone knows who he is. Please give the credit where it's due. I rest my case..

shah said...


@ leewatt

You talk of good life, ya?

This is from first round of DOJ forensic evidence.

This is what the First Klepet charged to SRC credit card....


RM520k for Chanel;

RM60m for clothes, jewellery, car;

RM28m for Nazir Razak,

RM280k for son,

RM176 m to Solar Shine,

RM56 million to Jakel,

Exotic Cars RM224k;

RM3.75 million at De Grisogono;

Plus RM25 million charged to credit cards.

Yes, that's "good life" like you mentioned.

Funded by money stolen from pensions of civil servants.

At least your name is accurate, because your paymaster has done "that" to Malaysia.....




Zed-85 said...

Sallam Dato'

Kalau orang Asli yang tinggal di Cameron Highland. Tangkap makanan guna sumpit, tak payah beli barang boleh jadi percaya yang ekonomi sekarang bagus.

Tapi orang biasa tentu akan terasa harga barang naik dan pendapatan semakin lama sekamin tak cukup.

Inilah yang masalah di hati rakyat Malaysia. Sebenarnya, perut lebih dekat di hati berbanding dengan otak manusia.

Kalau perkara seperti DOJ dan 1MDB sukar orang luar bandar hendak paham. Saya rasa orang kampong tahu ada masalah tapi tak paham setakat mana masalah ini. Tapi pasal harga barang naik orang kampong paham.

Setakat ini, perkembangan politik saya rasa lebih baik dan membarikan harapan kepada rakyat yang tertekan dengan beban ekonomi.

Hassan said...


Transformasi atau Kleptokrasi?

Timbalan Ketua Pemuda Amanah Faiz Fadzil berkata yang memenangkan BN dalam pilihan raya akan datang akan membuatkan Perdana Menteri Najib Razak fikir rakyat tidak peduli apa yang akan terjadi kepada negara dan kos akan terus meningkat.

“Isu di sini bukan hanya rompak, tetapi kesan buruk kepada rakyat,” katanya.

Faiz juga berkata yang orang Melayu patut sedar yang duit 1MDB ialah duit mereka, begitu juga duit Tabung Haji.

Pada 2015 ketika syarikat sarat hutang 1MDB mempunyai masalah membayar faedah, dana haji itu membeli tanah daripada 1MDB dengan harga RM188.5 juta yang 43 kali ganda lebih mahal berbanding jumlah yang dibayar 1MDB, katanya.

“Jika kerajaan nak bantu orang Islam, mengapa mereka jual tanah itu dengan harga yang sangat tinggi dan memaksa Tabung Haji membelinya. Jika orang Melayu tak marah lagi, saya pun tak tahu nak kata apa.

“Jika mereka (BN) menang lagi dalam pilihan raya, mereka akan ambil banyak lagi. Akan ada 2 atau 3MDB. Kita dah tahu skandal lain melibatkan Felda, Mara dan Yapeim (Yayasan Pembangunan Ekonomi Malaysia)…kerana itu kita panggil benda ni kleptokrasi,” katanya.

adion said...

All his argument is only on paper, prepared by his fat machais and backed by his dedak hungry umno lords.

The real and majority one is out there.

That he should transform.

Wait until he see the voting paper but by then it might be too late.

Hassan said...


Ramai bertanya kepada saya adakah Tun Mahathir Mohamad boleh dipercayai untuk memimpin Pakatan Harapan (PH)? Bukankah beliau memiliki rekod berdekad-dekad terhadap musuh politik beliau sepanjang 22 tahun di singgahsana kuasa?

Beginilah, Parti Amanah Negara (Amanah) bukan sebuah mahkamah yang akan berperanan menghukum segala kesalahan dan jenayah perilaku manusia. Amanah adalah sebuah parti politik bernuansa Islam yang menawarkan sentuhan rahmat dan kasih sayang kepada sesiapa jua yang bersedia menyantuni setiap manusia dengan dakapan lembahyung "rahmatan lil 'alamin."

Menghukum manusia sekali gus berhias diri dengan dendam kesumat, biarlah menjadi ajaran terlarang dalam Amanah khususnya di kalangan pimpinan utamanya. Amanah sentiasa mendepakan tangan untuk menyuburkan kebersamaan demi memperjuangan kepentingan rakyat seterusnya negara.

Tun Mahathir adalah manusia biasa yang juga ahli politik seperti mana yang lain. Beliau ada sejarah masa silam yang panjang yang sebahagian menyebutnya sebagai "baggage." Di antara kita bebas membaca masa lampau beliau dan membuat keputusan sama ada bersetuju atau tidak dengan sikap serta pendirian politik terkini beliau khususnya terhadap urus tadbir negara.

Tiada sesiapapun yang boleh merampas hak dan kebebasan ini daripada sesiapa. Kita bersama menentang Datuk Seri Najib Razak kerana kesalahan beliau lakukan sekarang kepada rakyat dan negara. Permusuhan di kalangan rakyat termasuk dengan Tun Mahathir hanya akan menjadikan Najib semakin bermaharajalela di tampuk kuasa.

Hassan said...

Amanah bersedia memberikan kepercayaan kepada Tun Mahathir dalam konteks dan senario gawat negara kita pada hari ini. Demikian juga PKR dan DAP. Kami saling mempercayai dan dengan kekuatan inilah kami berjaya membina Pakatan Harapan. Inilah mercu tanda yang kami bina sebagai cahaya harapan (beacon of hope) bagi rakyat dan negara. Kami berusaha memudahkan rakyat untuk membuat pilihan sama ada memilih Pakatan Harapan atau Barisan Nasional.

Pemimpin agung dalam peradaban manusia bersifat jiwa besar, pemaaf dan tidak berdendam. Itulah akhlak mulia Nabi SAW. Demikian pula negarawan kelas dunia seperti Nelson Mandela, Mahatma Gandhi dan Martin Luther King Jr yang membuktikan bahawa mereka berjaya membuang jauh sentimen kaum, warna kulit, peribadi dan dendam demi mengangkat kemulian insan di maya ini.

Hanya Jauhari yang mengenal maknikam. Ia selari dengan peribahasa Inggeris yang berbunyi "only diamond can cut diamond". Tun Mahathir adalah "diamond" yang mampu menghancurkan kekebalan Umno yang telah berusia lebih 60 tahun, insya Allah.

* Salahuddin Ayub adalah timbalan presiden Parti Amanah Negara (Amanah) dan seorang naib presiden Pakatan Harapan

sukasamasuka said...

Datuk,

"He was given a good rating by these agencies..."

1. Datuk raised a very important point.

2. Rating agencies, as the name implies, do rating of institutions and countries by making comparisons.

3. Some rating agencies like Bloomberg use actual quantitative numerical data which is hard to dispute because numbers don't lie.

Others use qualitative database like interviews to formulate its ranking. This type of rating opens to many interpretations and disputes.

4. Having say that, policy and decision makers do depend on rating agencies to make well-informed decision...these are actually clients ("these people") to the rating agencies.

5. The most important thing about the rating is not the final result, but the "live components"...a sets of complex mathematical equations.

6. Under Najib, rating is abused to the extreme.

A good example of that was..."PM Argument 4: Our currency, the ringgit, has been described by Bloomberg..."

This kind of statement is not only misleading, but downright stupid.

Misleading in the sense that no one of the right mind, will quote currency trend in "a snapshot" manner because currency fluctuates by the seconds, very much like the shape of Mount Kinabalu.

Mr.PM, you are that stupid...people look at the trend...not, "a snapshot" of Ringgit.

The trend of RM sucks like you, Mr.PM!

This Chinese mama selling oranges in Pasar Malam, is far better than you are Mr.PM about the state of our Ringgit...no way, you can fool her!

7. We can excuse our PM as he failed in his academic...what about our future PM with a "Ph.D"?

"Zahid says Malaysian police rated best in Asean...July 27, 2017.

KUALA LUMPUR: The Malaysian Police Department has been rated the best in Asean by an international body, according to Home Minister Ahmad Zahid Hamidi.

Zahid, who is also deputy prime minister, DID NOT NAME the international body which had given the rating, or furnish any other details, The Star reported." (1)

- Now, that was the most stupid statement from the 2nd highest-ranking officer with a "Dr." to his name.

- Now, you put the two together...bingo!

- Believe you me, one of their wives, has an "Honorary Doctorate" from some Maningkabau whatever!

- By the way, Tun and his wife are real qualified doctors from a very reputable university...and, Azizah too.

8. The best way "to sell" Malaysia and what she has to offer is by adopting these ranking agencies...especially, our education system..."it will kill many birds with one stone"..better than what we can collect from the Tourism Tax, unless you are the "Pondan Padang Rengas" who miss the forest for the trees.

9. As it was not reported by mass media, for reasons known to them, our PM's good friend, China had in fact downgrading Malaysia...4 months before PM launched Invest Malaysia 2017.

"China rating agency downgrades M’sian outlook...April 3rd, 2017...China’s Dagong Global Credit Rating Co has downgraded Malaysia’s sovereign credit outlook to negative...(2)

10. Treat rating agencies with respect as they got work to do...failing, which we just simplly off-tangent with the rest of the world.


(1) http://www.freemalaysiatoday.com/category/nation/2017/07/27/zahid-says-malaysian-police-rated-best-in-asean/

(2) https://themalaysianreserve.com/2017/04/03/china-rating-agency-downgrades-msian-outlook/

sukasamasuka said...

Datuk,

1. Since Datuk brought up this subject of Najib's Economic Transformation Plan (ETP), I did some background check to familiarize myself on certain issues.

2. Launched on 25 September 2010, an initiative to turn Malaysia into a high income economy by the year of 2020...a 9-years economic plan so to speak.

3. PRU13 was held on the 5th May 2013. So, he was selling this ETP idea to win the election...not bad actually.

4. ETP original aim is to raise per capita income from US$6,700 (year 2010) to at least US$15,000 (by year 2020), meeting the World Bank's threshold for high income nation.

5. PM Argument 1: Malaysia is getting richer. Between 2009 and 2016, Gross National Income has increased by nearly 50 percent, and GNI per capita using the Atlas method increased to US$9,850, and based on the World Bank’s latest high income threshold of US$12,235 (during the planning stage, it was USD 15,000).

- With the current GNI of US$9,850 (2017) as opposed to US$6,700 (in 2010), an increase of about 50% was correct. Mr.PM did not lie.

- World Bank’s latest high income threshold of US$12,235 (previously, US$ 15,000 in 2010). Luckily, the goalpost seemed to come down rather substantially.

- So, if in the last 7 years, Najib had achieved only 50% of his target...it is highly unlikely, in the next 3 years, if he is still around, he will come any closer to his target.

- In plain language, Najib's ETP has failed!

6. Let's go back to where it all began in 2010. ETP had stated "60% of the blueprint's investment would derived from private sector, 32% from government linked companies and the remaining 8% from the government.

- only this year, we see sudden activities involving huge "investments" from China...which comes to nothing because China's OBOR is not about supporting "investments" in Malaysia's infrastructures...Wanda Group is a good example.

- the 32% from GLICs?...Tabung Haji buying small parcel of TRX land?....FGV IPO was a scam!...and, many more...with 1MDB as the biggest international scam ever!

7. Najib's ETP is in a real mess. He got "F"****d.

8. The biggest mess is created when our ringgit plunged 42% against the US dollar between 2011 and 2016...so, everything goes with it.

9. Some countries well above our ranking deserve admiration...Norway, Switzerland, US , Denmark, Sweden, but "some" are not it...Saudi Arabia, Greece, Israel, Croatia...

10. But, we are on top of the world...unchallenged...as the World's Largest Kleptocracy on Earth!

RD. said...

"For me, things have become better and better since Pak Lah's time. Went up much more when Najib became PM."

That statement must be true if Lee Watt was working in 4th. floor during the reign of Pak Lah's SIL. After Najib took over, there was no major cabinet reshuffle and its business as usual for them. Coupled with Najib's Cash is King policy, therefore, "Various business opportunities around for those willing to work hard", leewatting Rakyat's fortunes.

People like Lee Watt will support UMNO-Najib because these people had no qualms, soliciting dubious middlemen such as Razak Baginda, Deepak Carpet and Jho Low, in government dealings. That's why, everything the government or GLCs buys are way above market price. More astonishingly, they even sold Rakyat's assets for a song.
A case in mind was Pak Lah selling MV Agusta for 1 Euro in 2005, when they bought it at 70 Million Euro in 2004.
Another example is when 1MDB bought Rakyats primeland for RM60 psf when its market value was approximately, RM3600 psf.

sukasamasuka said...

Datuk,

Zed-85 11.38AM said..."Kalau orang Asli yang tinggal di Cameron Highland. Tangkap makanan guna sumpit, tak payah beli barang boleh jadi percaya yang ekonomi sekarang bagus."

- Wow!...aku belum pernah pula ke Cameron Highland, tak sangka pula, rupa2nya masih ada orang Asli disitu yang pakai sumpit.

- belakang kampung saya, ada hutan belantara Borneo, kira2 kalau masuk hutan, 4 km begitu, ada perkampungan orang asli juga...30-35 buah rumah kayu, dari bambu, atap nipah, ada juga yang pakai zink berkarat dan kepingan plywood buangan...sebiji macam apa yang kau cakap tu Zed-85.

- tapi durang ni bukan pakai cawat daun kayu sudah...yang aku nampak durang masih beli pakaian terpakai dipasar tamu...beli beras, garam, gula, parang, cangkul, sabit, tukul, bateri, selipar jepun, kasut hitam plastik atau disini kami bilang "adidas kampung", topi, kapur untuk makan sireh, tembakau gulung, "suntil" (daun tembakau yang digigit dimulut), rokok seludup, kopi kisar, permainan untuk anak2, ikan kering, belacan, ajinomoto, beg sekolah, baju sekolah, kasut sekolah, pensil, pemadam, buku, susu budak, maggi mee...bukan pakai barter trading tetapi pakai duit.

- durang pula cari duit berjual buah2an hutan, daging babi hutan, kadang2 madu ikut musim, sayur2 hutan, orkid hutan liar, rabung, papaya, limau asam, ubat akar2 kayu.

- durang bilang dulu barang2 murah, tetapi sekarang sudah mahal...orang Malaya pernah cakap sama orang kampung, janji konon harga tidak naik bila ada GST...nasib juga ada gereja bantu mereka sikit2...nasib juga tiada letrik, tiada air, tiada telefon, kurang sikit itu belanja.

- aku rasa2 la, orang yang beli "Pink Diamond" itu lagi terasa bila harga kasut plastik sekolah naik daripada keluarga orang asli yang masih tanggung 6 anak2 skolah?...is that a fair statement?

Wara said...

Datuk.
Anak Iskandar Kutty tak curi duit kerajaan. Yang curi duit kerajaan anak Tun Razak.

Hassan said...


Kami percaya, rakyat sangat berkeyakinan terhadap kepimpinan PH yang sangat mementingkan aspek kepentingan semua kaum dan keistimewaan orang Melayu. Sudah pasti pimpinan seperti Dr Mahathir akan memastikan orang Melayu sentiasa dijamin seperti termaktub dalam Perlembagaan.

Umno cuba menakut-nakutkan rakyat kononnya DAP mengetuai PH sedangkan mereka mengetahui hakikat sebenarnya. Umno juga cuba menggambarkan kononnya orang Melayu di Pulau Pinang terpinggir sedangkan MCA baru-baru ini mengeluarkan kenyataan bahawa DAP lebih mementingkan melayu di negeri tersebut. Mereka antara sesama parti komponen cuba menipu rakyat demi survival undi kelompok mereka.

Pemuda Amanah mengajak seluruh rakyat menolak politik perkauman yang sentiasa dimainkan demi mengekalkan survival politik Umno-BN khususnya menjelang pilihan raya. PH tetap komited menyuburkan semangat demokrasi serta mengangkat martabat perlembagaan negara.

Rakyat telah cakna terhadap taktik yang dimainkan oleh Umno dalam menutup salah laku dan kegagalan mereka mengurus tadbir negara. Kami yakin rakyat telah meletakkan azam untuk membuat perubahan dalam PRU14 nanti!


Mohd Sany Hamzan adalah Ketua Pemuda Amanah Nasional

Zalman A said...


Najib thinks he can pull wool over our eyes. He says he is determined to provide Malaysia with first class infrastructure. I think he is not saying the truth.

As I have said before, he is a master at practising dog whistle politics. He sends out coded message to his band of thieves. What he is really saying is, I want to do more projects so that we can steal more money. The ordinary Malay paisan will get his RM30 and a few loafs of Gardenia bread.They will shout , this is the best UMNO in history.

Can a person who stole RM3 million, tell a judge to give him time to return the money? He tells the judge, he can find another RM3 million to replace what he has stolen. If you give a person enough time, all problems will be solved. If the judge gives the person enough time, he can pay. How he gets the money is no concern to others. He may steal from someone else and replace the stolen.

In a businesslike solution, he can indeed replace every single sen that was stolen. To the unscrupulous businessman, this is all right because he has replaced the stolen money. But what about the crime of stealing? It is still a crime which must be punished. Otherwise we come to the ridiculous conclusion, that a crime can be forgiven, if it is fully compensated.

That is exactly what Najib is asking us, collectively his judge, to do. He asks us to give him time so he can carry out dastardly plans to replace the money he has stolen. The key word is, stolen. More than half of the 1MDB 50 billion was stolen, spirited away, stashed somewhere. So, given enough time, can the debts/pilferage accumulated by 1MDB be paid off? They can be.
You see, the answer to the issue is not like the person who wrote everything can be recovered by just monetising all our assets and paying off 1MDB. Hell , we can monetise our future.

1MBB was not a legitimate business. It was an evil plan set up to steal money from the public. It was a giant ATM machine for some people to steal money and have the money replaced before anyone realise or know about it. Unfortunately we all did come to know about it.

We are not only interested in recovering the money but also to see the crime and criminal punished. We cant have a leader who steals lead the country.

Zalman A said...

There is indeed no honour among thieves.

We have the unverifiable fund units stashed in pirate island Caymans.

Now, here is the puzzling thing-why would IPIC arranged for one of its company to buy out these fund units and then used the sales earnings to pay off the debt owed by 1MDB to IPIC?

So you see dear readers, Najib doesn’t care as long as he can cover the holes he dug. And so to the practical business analysts- we say, this whole business with 1MDB is not the dig hole-cover hole variety. It’s not using one credit card to pay off the other credit cards.

But that is not the point. The point is who gives authority to Najib to sell off our family heirloom so to speak? Nobody does. He has abused our trust. He has stolen from us. He has lied to us repeatedly. That is the issue. We have a leader who lied, stole money from us and cannot be trusted.

Why must we allow him to cover up his wrongdoings by giving him chance to monetise our assets?

That makes the leader of this nation an unscrupulous deal maker.

Where do we throw the basic ingredient behind a good government? which is, good government depends on good people.


http://sakmongkol.blogspot.my/2017/05/building-world-class-infrastructure.html



Zed-85 said...

Sallam Dato'

Sekarang ini, dah banyak yang merapu.

Tak cukup RCI untuk korek hal yang berzaman dulu, asal-usul keturunan pun dikorek.

Zahid Hamidi kata, bapa Mahathir namanya Iskandar kutty. Tak ada bin pulak, pakai anak lelaki a/l macam orang india.

Rupa-rupanya, Iskandar itu Tok kepada Mahathir. Bapa Mahathir adalah guru besar pertama Kolej Sultan Abdul Hamid, Mohamad Bin Iskandar.

Macamana, seorang TPM boleh buat silap macam ini.

Ini merbahaya, pemimpin negara tak boleh silap panggil nama.

Saya takut nanti kalau Zahid Hamidi jadi PM ,dia panggil Presiden Rusia Donald Trump.

kashinkoji said...

Called yourself lee watt but claimed no way.You are insulting our inteligence right?

Karma time said...

Datuk,
sorry cannot resist taking on this off subject matter which is generating a lot of concern about DPM.
DPM said he saw the blue IC with the name Mahathir a/l Iskandar Kutty. Who gave this info to him, the NRD chief? Better potong his head because he has placed DPM under a terrible spotlight, like digging his own grave. Probably this fella is working for DPM's opposition within his own party.(not DAP, not Pakatan). They must be hugging themselves with joy.
First, was the NRD chief authorised to reveal "any personal data" ? Second what was Zahid doing with a phone to his ear, like a tell tale?
Didnt this chap Zahid also said earlier that he met the Saudi Arabian one of the Royal who donated RM2.6 billion to Najib? Totally now proven false by the US.
It's karma time.

Alifbata said...

Terdapat hal hal dalam kehidupan ini yang tidak dapat di selesaikan atau di
beli dengan wang atau kuasa apatah lagi kata kata.

Dan hal hal ini biasanya amatlah berharga untuk setiap manusia samada dari segi maruah mahupun iman nya.

Wallahualam.

sukasamasuka said...

Datuk,

If Transformation Works Why do the Rakyat Suffer?

1. Launched in September 2010, Najib's Economic Transformation Plan (ETP) is a national economic plan which has gone through it's 7 years old cycle and it will end by 2020...another 3 years to go.

2. If Najib had wasted 7 good years to achieve 50% of its GNI target, we foresee, in all fairness that he will not be able to pull through anything significant in the next 3 years. Numbers don't lie.

3. thanks goodness, during the last 7 years, we did not experience hard landings, like the the Heng Seng crash in 1987-"Black Monday", the 1997 Asian Financial Crisis, the Kobe earthquake in Japan and the 2008 financial crisis in US...which led to bailouts, anxiety and loss of jobs...none of those...luckily, I would say, if not, Malaysia will be ruined under Najib.

4. even without those global crisis at hand, Malaysia is already in ruin...a wasted state...a failed state.

5. Najib is not a smart PM...the chair was given to him on a silver platter because of his pedigree, not so much on his ability to govern which went untested, except for his role as MB Pahang, even then not because of his inner ability.

6. Najib wasted 7 good years for Malaysia.

7. the end results speak for itself for men on the street:

> paying high taxation to pay national debts which is raising every single day, inching towards RM1 Trillion benchmark, sooner than later.

> every RM1 is now worth RM0.58 to buy goods and services especially for all the imported raw materials like onion, garlic, wheat, corn, soy beans, sugar, milk solids, meat, cabbages, dry chilly, coffee beans, clothing, papers, steel and iron, glass, drugs, medicals, paint, electronics, cars...

> high cost of living due to new taxes and weak currency.

> loss of skilled jobs as factories closed down.

> lack of employment opportunities esp. among skilled/technical/diploma/degree holders.

> expensive housings for married couples with children.

> low wages...or stagnant wages.

> deep budget cut in key critical sectors like education and hospitals.

> stupid foreign policy of interfering with the Mindanao politics - the Lahad Datu Incident - which led to "excessive" military expenditures running into billions, to police the ESSZONE.

8. the ETP that is designed to protect men on the street has turned into a weapon killing its own master.

9. Najib has failed us Malaysians...there is no question about that.

10. Ask the pribumi natives, they will tel you.

Zed-85 said...

Sallam Dato’

Kalau orang pergi jumpa doktor untuk buat buat check-up kesihatan.

Doktor akan check tekanan darah.

Kemudian ambil sampel air kencing untuk cek jumlah gula dan asid urik. Kalau asid urik tinggi, boleh kena penyakit ghaut.

Kemudian doktor akan ambel sampel darah untuk check samada darah ada penyakit dari kuman virus atau bekteria dan juga samada kandungan kolesterol tinggi atau rendah.

Setelah check secara keseluruhan barulah doktor akan beritahu samada tubuh badan kita sihat atau sebaliknya.

Begitu juga ekonomi.

Tidak memadai kerajaan bercakap pertumbuhan GDP saja. Negara Papua New Guinea pun ada pertumbuhan ekonomi tetapi rakyat miskin dan susah.

Kita kena lihat keseluruhan samada negara kita ada penyakit atau tidak.

Angka pendapatan daripada GDP secara umum tidak mengukur secara tepat kerana orang kaya terlampau kaya dan orang miskin terlampau miskin.

GNI coefficient Malaysia agak tinggi iaitu 46.3 berbanding dengan Finland 27.1, New Zealand 36.1, Thailand 39.3.

Oleh itu , kita boleh buat kesimpulan bahawa ada jurang besar antara pendapatan orang kaya dan orang miskin.

Salah satu tanda ekonomi yang sihat adalah harga barang yang stabil dan pengangguran yang kurang. Sekarang ini , mengikut berita, ada lebih 500,000 orang yang menganggur di dalam negara.

Harga barang, kita semua sedia maklum naik agak tinggi.

Kalau tubuh badan manusia boleh ada penyakit seperti jangkitan virus Hepatitus B atau C, negara pula boleh juga dijangkiti penyakit kleptokrasi atau rasuah.

Penyakit rasuah ini boleh merebak dan menyebabkan negara semakin rosak. Umpamanya, di Kementerian Belia dan Sukan, rasuah sampai 100 juta dan duit ini hilang begitu saja. Kes 1MDB, DOJ Amerika berkata, sampai berbillion wang haram dari Malaysia dibawa masuk ke Amerika.

Duit yang hilang ini sepatutnya boleh digunakan untuk manfaat rakyat seperti biasiswa dll.

Hutang yang semakin tinggi dalam negara umpama kolesterol dalam badan. Kalau kolesterol tinggi, bukan serta merta kita terima kesannya tetapi sedikit demi sedikit akan menyebabkan salur darah semakin sempit dan boleh menyebabkan sakit jantung.

Sebab itulah Dr. Mahathir dan pemimpin dari Pakatan berusaha supaya segala masalah dan penyakit yang ada dalam negara dipulihkan dan ekonomi negara kembali sihat dan berkemang maju.

sukasamasuka said...

Datuk,

"1MDB must pay RM2.58 billion to IPIC today...August 1, 2017.

KUALA LUMPUR: 1Malaysia Development Bhd (1MDB) has to pay US$602.725 million (RM2.58 billion) as part of its settlement agreement with Abu Dhabi’s International Petroleum Investment Company (IPIC) today.

It is the first tranche of two due to IPIC. The remaining portion of US$602.725 million is due by the year end, according to a report in the Edge Financial Daily.

In total, 1MDB has to pay IPIC US$1.205 billion (RM5.16 billion) as part of the settlement agreement.

Being the guarantor, MoF will have to step in to meet any of 1MDB’s obligations if the fund fails to do so. (1)


- What is this?

- Why want to pay if 1MDB claimed that it had already made payment to IPIC's subsidiary, Aabar BVI (fake?)...ok, if the latter was fake, why not get Interpol to investigate that the money being stolen?...anybody would do that.

- Where is the money RM5.16 billion to pay IPIC coming from ?...on top of the RM840million to service the interest to be paid by end 2017?

1MDB?...profitable after spending RM600 million in CSRs' activities?...any assets to sell?

MoF?...taxpayers' money?...more cuts from education and hospitals?...increase GST?...increase petrol price?

PNB/GLIcs...which one?...PNB has a "retained profit" of some RM40 billion!

= where are we on this one, Datuk?


(1) http://www.freemalaysiatoday.com/category/nation/2017/08/01/1mdb-must-pay-rm2-58-billion-to-ipic-today/

Zalman A said...


Datuk

Justice may take time, but it seems it cannot be evaded:

"KUALA LUMPUR: A close associate of Prime Minister Najib Razak has been charged in France over alleged kickbacks in the 2002 sale of submarines to his country, a judicial source told AFP today.

Abdul Razak Baginda advised Najib when the now-prime minister was defence minister between 2000 and 2008.

Najib oversaw the deal worth nearly €1 billion (US$1.18 billion) to buy two Scorpene-class submarines and one Agosta-class submarine from French naval dockyards unit DCN, which is linked to French defence group Thales.

An investigation into the deal was launched in 2010 in response to a complaint from Malaysian rights group Suaram.

As part of the deal, DCN agreed to pay €30 million to Thales’ Asian unit, Thales International Asia (Thint Asia).

The investigation revealed that another company, Terasasi, whose main shareholder was Razak, received an equivalent sum for what was billed as consultancy work, but which investigators believe was really a front for kickbacks.

Razak was charged in France on July 18 with “active and passive complicity in corruption” and “misappropriation of corporate assets”, the French judicial source said.

Four French defence industry executives have already been charged since the investigation began.

They are two former chairmen of DCNI, Philippe Japiot and Dominique Castellan, and two former heads of Thint Asia, Bernard Baiocco and Jean-Paul Perrier.

All four men deny the charges against them.

The French investigators are also looking into allegations that €114 million was paid to a purported Malaysia-based shell company, Perimekar, as part of the deal. That company was controlled at the time by Razak’s wife."

if this comes to court, then MO1's earlier career as a thief from Defence Ministry will be in the spotlight.

Perimekar was run by you know who, a close crony of MO1.

So Malaysia's disgrace grows...

sukasamasuka said...

Datuk,

If Transformation Works Why do the Rakyat Suffer?

Transormation IS NOT designed to help the Rakyat, Datuk...but an economic plan to skin the Rakyat to the bone as Najib failed to find ways to generate new income. Needless to say, the finest example is in the making under the Employment Insurance System (EIS) scheme...was tabled for the first reading in the Dewan Rakyat yesterday.

Malay Mai...(1)

"Employers: Why collect RM1.6b in jobless benefits when retrenchment costs RM300m?"

KUALA LUMPUR, Aug 2 — The Malaysian Employers Federation (MEF) has questioned the rationale of collecting an estimated RM1.6 billion annually for the Employment Insurance System (EIS) or over 5 times the compensation for all workers retrenched in the Asian Financial Crisis.

- MEF executive director Datuk Shamsuddin Bardan based his calculations on contributions of 1 per cent from both the employer and employee (0.5 per cent each) for an average monthly salary of RM2,000 from 6.8 million private sector workers.

- This would amount to about RM1.6 billion a year, while he estimated that unemployment benefits for 50,000 Malaysian workers retrenched during the 1997 crisis would total RM300 million assuming that they received half-month wages based on a RM2,000 salary for six months.

- “So you collect RM1.6 billion per year, pay RM300 million a year, left with RM1.3 billion in your kitty for what?”

- “The government wants to portray that it’s a very affordable and cheap scheme, where the contribution only starts from 20 sen. This is bordering on ridiculousness. No employer would pay that kind of wages where the pay is RM30 a month,” he added.

- “But this EIS is forever, from day one you work until you retire.”

- "...When I retire and don’t want to work and I never collect anything from the scheme, give me back the money. Give some interest and dividend if you’re kind enough,” said Shamsuddin.

- The MEF head highlighted the lack of a risk impact assessment before the Bill was tabled in Parliament.

- “As far as the Human Resources Ministry is concerned, I would say there’s very little consultation done with the industry before this Bill was introduced,” he said.

- “Currently, employers are up against many challenges in trying to remain in business. This is something that they wouldn’t want to incur additional cost on.”

http://www.themalaymailonline.com/malaysia/article/employers-why-collect-rm1.6b-in-jobless-benefits-when-retrenchment-costs-rm

sukasamasuka said...

Datuk,

If Transformation Works Why do the Rakyat Suffer?..this is another example, Datuk which all of are familiar by now...

1. PAC in its report stated that 1MDB’s debts began at RM5 billion in 2009 before jumping to RM42 billion at end-2014.

In January 2016, the debt reached RM50 billion compared to assets of RM53 billion with 1MDB spending RM3.3 billion to repay interest on debts between April 1, 2014 and March 31, 2015. (1)

2. Today, In August 02, 2017, Najib said that 1MDB had 77 employees in 2014, including two foreign workers.

"In line with the company's rationalisation plan, 1MDB had 35 employees in Dec 2015, 17 employees in Dec last year, and it currently has 16 employees," he said."..(2)

3. To put the numbers in context, my Cina kaki, Ah Pek tukang jual ikan masin, ada 25 orang pekerja PATI...zero debt except, some workers borrow small money on and off to tide off their month especially during bad weather.

4. Now, you have a PM talking in Parliament about a business model involving 16 employees!

5. "An investment" or a debt of RM50 billion is supposed to create 75,000 jobs, Mr. PM.

6. No wonder, people call you (Datuk Seri I Mappadulung Daeng Mattimung Karaeng Sandrobone Sultan Abdul Jalil) Mohd Najib Abdul Razak, not for nothing, except long name, but short on performance...hopefully, not that one.




(1) https://www.nst.com.my/news/2016/04/139155/no-negative-comments-1mdb-assets-pac-report-arul

(2) http://www.dailyexpress.com.my/news.cfm?NewsID=119182

sukasamasuka said...

Datuk,

1. Everyday, almost everyday, if not every other day, we are bombarded with new surprises under the pretext of this so called Transformation Plan...which looks good on paper and books...otherwise, none other than a piece of shit work.

2. In simple plain language, if one earns RM1, spend as much as RM1, preferably less, so much so, one can have little saving, little it may be, but, can be rather handy on rainy days, no matter if it's a PNB (referring to the RM40 billion retained profit) or "dalam tin Milo" or "bawah bantal", whatever.

3. That is called "amanah" for those officials entrusted with the day-to-day running of the largest corporation like PNB...and, of course, the current Government, specifically, as we all know, no matter how we try to like them, they just don't have "it".

4. Sadly today, we heard from the Second Finance Minister Johari Abdul Ghani that BN Government is issuing new bond...RM2.5 billion...not to create new jobs, but to finance our deficit...thus, worsening our national debts which will eventually, God's forbid, to the downgrading of our sovereign credit rating...impacting our ringgit as it will increase our cost of borrowing...and, eventually, increase our cost of living as most of our foods and materials are imported....quote...

"That bond has nothing to do with 1MDB. It is a normal government bond. Every year, we have a deficit budget and we need to finance government expenditure through bond issuance. That's it." (1)

5. Common rural folks don't know about this, nor they care, but, one thing is sure, this blooooody b****** a.k.a the Finance Minister a.k.a MO1 a.k.a
(Datuk Seri I Mappadulung Daeng Mattimung Karaeng Sandrobone Sultan Abdul Jalil) Mohd Najib Abdul Razak, is ruining this country!...by his mega spending spree as if he owns it?

6. Is there anything else that we do not know, Datuk?..that, on one fine day, when we woke up from our slumber, we find our plate has been emptied...and, our children and grandchildren has nothing, but paying someone's else debts!

7. Tell me if I am a pessimist, right on my face...give it to me, I want to know if I'm wrong...so I can tell my children and their children, that I am, but a fool.

(1) https://www.malaysiakini.com/news/390723

Esa Adam said...

Datuk AKJ,

Saya ni hidup pernah melalui zaman Tunku Abdul Rahman jadi PM hinggalah Najib jadi PM sekarang. Macam mana boleh Datuk kata rakyat sekarang ni suffer.

Kalau sekarang Datuk naik MRT/LRT/Komuter train kita boleh lihat 9 dari 10 orang akan bergayat dengan hp masing2 samaada tengok Youtube, Dengar musik atau ber Whatapps dengan kawan2. Ini semua guna duit bukan percuma.

Dulu zaman 70han masa saya mula2 kerja naik public transport guna Minibus. Hari2 bertarung nyawa berdiri ditangga bas mini. Bas pun macam sardin tak ada aircond. Macam mana Datuk kata rakyat sekarang suffer. Sekarang ni ada MRT/LRT/Komuter yang lebih baik.

Boleh tak Datuk namakan 5 jenis barang pada zaman Tun Mahadir yang lebih murah dari Zaman Tun Hussein jadi PM. Kenaikan barang ni akan terus berlaku dari zaman ke zaman.

Jadi tak payahlah meracuni fikiran rakyat membenci kerajaan sekarang.

Esa Adam
Subang Jaya Selangor

zgmail said...

bcoz lee watt has been "liwat" by najib

Nenekghuffran said...

Salam DAKJ...

Nampaknya orang yg menuduh Datuk meracuni fikiran rakyat sebenarnya dia yg telah kena racun.... hujah yg sangat cetek akibat keracunan fikiran...

About Me

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I was born in 1947 in Kedah. I came from a rice farming family. I have been a journalist since 1969. I am the Editor-in-Chief of magazine publishing company, Berita Publishing Sdn Bhd. I was Group Editor NST Sdn Bhd and Group Editor-in-Chief of NSTP Bhd between 1988 and 2000. I write fortnightly column “Other Thots” in the Malaysian Business magazine, Kunta Kinte Original in Berita Harian and A Kadir Jasin Bercerita in Dewan Masyarakat. Books: Biar Putih Tulang (1998), Other Thots – Opinions & Observations 1992-2001 (2001), The Wings of an Eagle (2003), Mencari Dugalia Huso (2006), Damned That Thots (2006), Blogger (2006), PRU 2008-Rakyat Sahut Cabaran (2008), Komedi & Tragedi-Latest in Contemporary Malaysian Politics (2009) and Membangun Bangsa dengan Pena (2009).