Tuesday, July 30, 2024
Conspiracy theory linking Kulim Airport to drug cartel
Monday, July 29, 2024
Reality check for the grand ole party
In the early part of this season of annual UMNO Divisional meetings, voices have emerged to demand that UMNO break-out from the Unity Government. It came from groups within UMNO exploiting PH's colossal lost at the Sungai Bakap by-election.
Among the voices are the faction aligned to the 11 BN MPs that signed the SDs after the 15th General Election to support Tan Sri Muhyiddin form a marginal majority government akin to the Perikatan Nasional government of 2020-22.
There is also voices expressing the reluctance of grassroot members to accept the current political reality of a Unity Government.
This segment of UMNO members either could not cope with the sentiment of being in a coalition with DAP and ridiculed as UMDAP or unable to accept Anwar Ibrahim, UMNO's former political enemy as Prime Minister. It is partly attributed to peer pressure from former UMNO members, who migrated to PN.
And it is also partly in-denial of the party's present predicament. They initially digested the party's explanation that the Unity Government was to respect the request of the Yang Di Pertuan Agong, but could not come to term with the party's decline in fortune.
Friday, July 26, 2024
July data to ascertain real impact of diesel rationalisation
Together with his "bodoh" and "bangang" remark, Rafizi Ramli's smirk as he hinted of a surprise on the RON 95 rationalisation plan during the Sungai Bakap by-election campaign may have cost PKR an embarassing loss.
Anwar had to immediately deny of an immediate plan for RON 95 and few days ago, he reiterated again with the excuse the impact of the diesel rationalisation need to be ascertain. A Bank report claimed a faster-than-expected growth allowed for the postphonement.
So this blog will look into it the impact as well.
Thursday, July 25, 2024
Who could make their country great: Trump or Xi?
The Democrats campaigners are claiming Donald Trump have grown scared and regretted his choice for VP.
They claim Joe Biden's endorsed replacement, Kamala Harris is neck-on-neck on the polls. The Presidential race is made to be a confrontation between a Prosecutor against a convicted felon.
Assuming it is only a political hype, the hypothetical bet before campaign get into full gear favours Trump to be the next US President. Thus the question of interest would be: What the world would be like with his return?
This time around, the China, which Trump picked a fight in his first term of office, pose a serious threat, at least economically, to the American hegemony and unipolar status. What is to happen under Trump who intend to make America great again (#MAGA)?
How will he do that?
Tuesday, July 23, 2024
HRDC threat to sue Edge likely motivated to cover-up wrongdoings
The murmurs surrounding the going-on at the Human Resource Ministry particularly HRF and HRD Corp was loud during the PN government and under the MIC Deputy President, Dato Seri M Saravanan. There were much talked about within the human resource training industry.
So, the current noise over HR Ministry or HRDF or HRDC is not the first time. In April last year, a senior officer to the then Minister of Human Resource, V Sivakumar was detained. Till today, the conversation remain over the delivery of the said RM97 million caught on tape. The admissibility of the evidence is another issue.
Public suspect a cover-up because the Minister is from DAP. Its for the same reason current Minister Steven Sim is being criticised for inaction. However, on record, Steven did the right thing and was acknowledged by PPBM-chaired PAC for appointing an independent professional auditor.
There was also a "visit" by MACC to the HRDF office back in April 2019. And, although Saravanan denied, the talk back then was of an MACC raid on the Human Resource Ministry back in July 2022.
The reputation of the HR Ministry had long preceded them that whisteblower Edisi Siasat dare to point their finger at Saravanan, MIC President Vigneswaran, CEO Shahul Hameed, and the naturalised Malaysian and Corporate Mafia-linked owner of Bestinet , Amin Bangla.
It is no surprise that PAC, Auditor General and MACC pursued HRDC. Thus, there is no reason HRDC should threaten to sue the Edge for the following expose.
Thursday, July 18, 2024
The Simpsons predicted Trump re-election, US economic collapse and WW3
"Donald Trump shouted, "Wait! Wait! to his security service details, who wanted him of the platform. where a gun came within millimetres of ending the former President's life. Trump stood up and got the image he wanted. It's him standing bloodied and unbowed.
With that image, the Presidential race might already be over. I very much doubt the obviously failing Joe Biden or even a stand-in can save the situation for the democrat."
Tuesday, July 16, 2024
Did MACC's Director of Investigation allegedly "killed" Teoh Beng Hock?
Monday, July 15, 2024
Inflation concern override JP Morgan and Forbes appraisal
There was a bit of excitement on the economic front last week following JP Morgan re-rating Malaysia from an underweight rating since 2018 to neutral. Its a more encouraging news than the maintainance of rating by S&P Global at A- and Fitch as BBB+.
In the meanwhile, Forbes gave a glowing review for Anwar Ibrahim to credit him for turning around the economy. And, there have been positive indications on first quarter GDP growth, announced FDI, turnaround in export from 2023 decline, and lower unemployment for May.
However, survey by Ipsos reported in June found 7 out of 10 Malaysians were pessimistic of the economy. Rising cost of goods and inflation arising from the anticipated "withdrawal" of subsidies contributed to it. Thus far its only diesel subsidy that was rationalise, not Ron 95 yet.
Fahmi is already paranoid with public expressing their forecasted timeline for withdrawal of fuel subsidy.
Market analysts does it all the time. Is he going to use MCMC against them especially with analysts expecting inflation to move higher in second half of 2024? Pursue government agency, MARC too?
Star Online today below:
Friday, July 12, 2024
26 years after Reformasi: "Korupsi, kolusi dan nepotisme" remain at large
Thursday, July 11, 2024
Will PPBM retaliate with 11 BN MPs support Muhyiddin?
On June 27th last month as a pre-cursor to the Sungai Bakap by-election and to psyche voters, PAS member and Chairman of Muafakat Nasional, Annuar Musa predicted 11 BN MPs will "jump ship" by offering support to Muhyiddin should Parliament Speaker Johari Abdul not declare the 6 sacked PPBM MPs' seats as vacant.
This is not the first time Annuar have been crying wolf with the same theme to psyche supporting UMNO members. He made such prediction for August 4th and September 4th 2023, in which on both occasion it did not happen.
No harm trying Annuar.
He was immediately rebuked by Zahid's Political Secretary Razlan. And UMNO Secretary General, Asyraf Wajidi doubt any MP would dare.
Apparently, Dewan Rakyat Speaker, Johari Abdul have made a decision that the six seats are not vacate and PPBM has given a press statement of protest. Muhyiddin gave his selective legal argument for sacked MPs as technically party hoppedargument for sacked MPs as technically party hopped.
Though in contrary to PAS's Kelantan assembly Speaker Nik Amar, who declared the Nenggiri state assembly seat as vacant, Johari chose to stick by the constitution and ignore PPBM amendment to their party constitution.
Now that Johari has "thrown down the gauntlet", will Annuar be able to convince the 11 BN MPs do so?
Tuesday, July 9, 2024
Lost to ISO certified candidate
Saturday, July 6, 2024
Friday, July 5, 2024
MUSICAL INTERLUDE: When I am 64
When I get older losing my hairMany years from nowWill you still be sending me a ValentineBirthday greetings bottle of wine
If I'd been out till quarter to threeWould you lock the doorWill you still need me, will you still feed meWhen I'm sixty-four
You'll be older tooAnd if you say the wordI could stay with you
Wednesday, July 3, 2024
Competitiveness had been sliding since 2010
Recently, a political friend passed a remark, "Sudah lain macam" for our assessment on the state of the nation and public reaction to inflation and rationalisation of fuel subsidy. He noticed a difference in attitude and defensive tone towards Anwar's policy.
Admittedly this blogger is not as political as we used to be. Whether it is in this blog or personal Facebook, stance taken has been less partisan and as much as possible, refrain from engaging in usual political brickbats.
The fiscal numbers does not add up. And, the economic environment is challenging and uncertain. It certainly has nothing to do with any change in attitude towards IMF neoliberal policies or political conversion to Anwar's PKR.
The alarming part is prior to GE15, a former Minister confided his concern Malaysia could be heading Sri Lanka way.
Ever since, the primary concern is the state of the nation's economy and politics take a back seat. More so, the economy is struggling to come out of the 2018 mistake, post Covid-19 pandemics, and global conflicts.
Monday, July 1, 2024
Is GIP needed because China's BRI fund dried up?
The political public chose to ignore the poser made in this blog's May 30th posting, "Beyond Blackrock and Zionism: Taking MAHB private". They remained worked up understandably driven by the Gaza genocide sentiment and provocation by Dr Mahathir and Khairy Jamaluddin.
Attempts to get some answers from those with access to Khazanah seemed futile. Thus far, its basically the usual corporate communication shit of saying a lot of things and in fanciful jargons, but tells nothing outside the usual cliche narratives.
More so, the poor communication by the present Unity Government with Fahmi Fadzil as the glowing poster boy for freedom of expression on social media contributes much to mislead and raise public scepticism of government policies and initiatives.
No government entity took the effort to engage and fulfill this blogger's desire to know why the Global Infrastructure Partner (GIP) route was taken for an impending corporate and presumably, fund raising exercise?
And, why was UEM positioned as holding company for the MAHB shares warehoused under the Khazanah-EPF controlled consortium, Gateway Development Alliance (GDA)?