5/30/2010
Can the Railway deal be derailed?
More positive comments are coming out from UMNO leaders, including Khairy Kamaruddin, the UMNO Youth Chief, who was the hottest head in fanning anti Singapore sentiment in the days of Mahathir. He too could see the logic and benefits of such a deal when the sky is clear and the wools were removed from his eyes. The benefits are so obvious and tremendous that only those who chose not to see would miss them.
So far the glaring silence from the Mahathir camp and his erstwhile comrades in arms is the only notable thing in Malaysian news. They have kept quiet, including Mahathir.
While things are looking well, Najib's path is still not smooth sailing as he is being challenged on his NEM, New Economic Model. Some UMNO branches are accusing him of selling out Malay rights. Najib's trump card is his father's reputation of being the champion of Malay Special Rights.
One of the puzzling argument by his opponent is that some Malays are still not able to compete equally with the other races. Could any race have members that are all able and talented to be the best among the best? This is a flawed argument that is being thrown out as a justification to extend the NEP. In reality, every racial group will have its talents and not so talented and the latter will forever be left behind no matter what and how long it takes. It is just a natural thing. To expect all the Malays to be equally competitive is a false argument.
Najib still has a big task ahead as he seeks to find new directions to take Malaysia to the future. And the danger of him being toppled and his plans discarded in mid stream are highly possible. Malaysian politics is very fluid and anything can happen except certainty. Nothing is firm or certain. Laws can be changed overnight, policies revoked, and master plans shelved.
The only saving grace today is the urgency to want to move forward and achieve a developed country status. And a lot of money and resources have been expended on the IDR. Pulling back and pulling the plug will be very costly. There is no turning back in a way. But be not too sure on this.
Is the Railway Agreement a deal done? The politicking has not started yet.
The evidence was fabricated
The North Koreans have strongly denied their involvement in the Cheonan Incident and claimed that the evidence was fabricated. The South Korean/US/UK experts claimed that the torpedo was fired by a Salmon class submarine and the North said that it was nonsense as they didn't even own such a submarine. How could the investigators cooked up such a story is mesmerising. And the words carved on the torpedo turbine was also claimed to be forged.
And the western media was all clamouring that China is under intense pressure to punish the North. Really, would China be put under pressure to make a major decision against its ally on evidence that it was kept away from and which has a high possibility of being fake? I believe China will want to take its own time to study the evidence to confirm its authenticity.
Given the reputation and knowledge of how the Americans and British have fabricated the evidence and information about WMD, it is only expected to doubt whatever the Americans and the British claimed with a big question mark. They are now world renowned for telling lies. Who would be so silly to believe in them?
If the evidence was found to be fabricated, then China should call for a bigger investigation to find out the truth, who fired and killed the South Korean soldiers, and also bring criminal charges against those who fabricated the evidence.
And how would the world look at the South Koreans and the Japanese who are so willing to take sides and support a war with the North? In the event of a war, who will be killed and destroyed?
5/29/2010
High hopes and high expectations
There have been many positive comments on the milestone set by Najib and Hsien Loong and the expectations are high for more cooperations ahead. One big surprise is the reticence coming from the court of Mahathir. Or is he planning a long thesis on how foolish is this Najib move?
The Najib magic is a direct slap on Mahathir and he should feel the most pain. During the tussle for power, he was still calling the shot in some ways when Najib was reported to have met him to discuss his future as the next PM of Malaysia. It was like Najib needed his blessing and support for the seat. All that has passed now and the first major international policy made by Najib was to dump all of Mahathir's venom into the sungei.
While Mahathir is fuming and planning his next move, the Malaysian paper Sin Chew Daily commented on the diverse path that the two countries have ventured and the gaps that needed to be bridged to move along as equal partners. It summarised the policies of Mahathir and how these have held back Malaysia to its developing status while Singapore is running away in the developed league. It lamented that the lack of competitiveness, efficiency, corruption and racial politics would be difficult problems to surmount as the two countries try to get their acts together and move along as partners.
The high hopes and expectations are positive but after 20 plus years of heading in different directions, it is not going to be easy, or can be overcame quickly, to get things on the same footings. It will take a long time for the two to be able to operate in the same frequency and enjoy the fruits of their new endeavours. It will demand a lot of patience and statemanship to bridge the gaps and set aside decades of bad blood and perceptions of each other. The people of the two countries can only hope that it is not a flash in the pan move and the subsequent leaders would be dedicated to keep the momentum going. Would this be another high hope?
Why only 70% believe?
The South Koreans reportedly conducted a survey on the sinking of Cheonan and was surprised that only 70% of the South Koreans believed that it was the work of the North Koreans. Why is it that there are still 30% of the South Koreans disbelieving the claims by their govt even with their one sided evidence? Given the overwhelming proof produced by the South Koreans, the American and British experts, there should not be any doubt to believe otherwise.
So far the western world all believes that the North Koreans are guilty beyond any reasonable doubt. Even the UN Secretary General said so, and he believed everything that the South Korean govt said. And reading from the media, it is conclusive that it was the North Koreans who did it.
Would a one sided evidence produced in secrecy by a gang of interested parties that have all the reasons to point the fingers at the North Koreans be admissible in court as valid evidence? And China is expected to take these evidences as the gospel truth. Though China and Russia have said that they would want an independent investigation on the evidence, how much can they differ if the evidence were expertly cooked for several months?
The happiest person is the little girl who thought that everything has been sewn nicely and foolproof, that the North is guilty and no one can deny it.
The possibility of it being a North Korean act cannot be ruled out, but the probability is low. What if it was a sinister plot by a third party to fan the tension and at the expense of South Korean lives, and the South Koreans swallowed it hook, line and sinker? Isn't that a shameful tragedy while the third party or parties quietly partying away for a great clandestine op?
5/28/2010
The transition is taking place
Stephen Bernard and Tim Paradis, AP Business Writers, On Thursday May 27, 2010, 6:19 pm EDT
NEW YORK (AP) -- Stocks had another turnaround Thursday and rocketed higher after China reassured investors it doesn't plan to sell the European debt it holds.
The Dow Jones industrial average surged nearly 285 points. Treasury prices tumbled as traders funneled money into riskier assets like stocks and commodities.
China's show of confidence in Europe let the market resume a rally that stalled late Wednesday following a report that the Chinese government was considering cutting its European debt holdings. If that were true, such a move would have signaled that China didn't think Europe would be able to contain its debt crisis. The agency that manages China's $2.5 trillion in foreign reserves denied the report....
The above passages are signs that the world leadership is slipping from the fingers of the American and into the Chinese. A few words by China are enough to bring a rally in European and American stock markets while Timothy Geithner's visit last week yield practically not even hot air.
The weight that China carries in the financial world is evident in contrast to the mess the Americans carved themselves into by the very best financial gurus they have produced from their best universities. These unethical selfish individuals are out there doing their best for their own pockets with total disregard to the ruins they are creating.
Obama is trying his level best to put a lease on these crooks but unlikely to succeed as nearly everyone in Congress is probably being paid by these guys or their institutions. The bills may be passed, but the implementation is another matter. In the meantime the American financial system, including the Europeans, will continue to wind down and implode.
On the military front, the hawkish and warmongering policy of George Bush of pre emptive strike comes under the limelight. This cowboy gun firing policy, the right to invade any country on the ground that the US claims that it is a threat is now being abandoned by Obama in name. In practice, the policy is still in practice as is seen in the Korean peninsula and the Middle East. Just brand the countries as a threat to American interests and it is up to the Americans to decide when to invade. The world must be feeling very disgusted with the evil Empire and Obama knows it.
Unfortunately the little girl is still innocent about what she is doing and is waving the flag of war in Korea. More sanctions, more war games and provocative actions against the North on a charge backed up by evidences that are highly suspect, like the WMD evidences. She is still continuing with the Bush Doctrine of starting war everywhere.
As the world wisen up to the deeds of the evil Empire and their bankrupt policies and treasury, I wonder when will they jump ship and let the boy to continue crying wolf and playing the pipe piper to lead the world in financial ruins and war?
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