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4/06/2007

how predictable!

How predictable! Even before the ink is dry the expected backtracking has started. The two free access zones in the IDR are now scrapped because of domestic politickings. How much confidence can foreign investors have on a govt that is so fickleminded and will bend to local political pressure no matter how hysterical and irrational they may be? Who is there to guarantee that 3 weeks or 3 months down the line all the terms and conditions will be changed? Will the IDR becomes an Internal Development Region catering to the domestic markets and interests like all the housing estates built but cannot be sold? With all the backtrackings as a norm, investors must think very carefully before putting money in the IDR. The other point that led to the scrapping of the FAZs, other than the irrational fear of becoming slaves of foreigners in their own country, is the anti semitic mindset. Historically, the Bumis and the Jews were living in two separate corners of the globe and hardly know each other. Why is there so much hatred for the Jews to be a reason to scrap the FAZs?? This kind of unthinking hatred for another race is very frightening. Don't the Bumis have a mind of their own and think what have the Jews got to do with them that they have to hate the Jews so intensely? There will be reasons to hate their former colonial master for exploiting and ruling them as a subject people. But what have the Jews done to deserve such acrimony?

1 comment:

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