PERKASA

**Saya mengucapkan Selamat Menyambut Hari Deepavali kepada semua rakyat Malaysia yang beragama Hindu, khususnya kepada pembaca laman blog ini**

1. Saya ucap terimakasih kerana ramai yang melawat blog saya dan membuat komen menyokong atau menolak. Ramai juga yang bercakap berkenaan bahagian-bahagian Perlembagaan yang tidak boleh dipinda (entrenched). Tetapi ramai yang tidak ambilkira tentang peruntukan-peruntukan dalam Perlembagaan yang begitu adil. Tiada perlindungan bagi hak sesuatu kaum yang tidak diimbangi dengan hak kaum-kaum lain.

2. Demikian apabila agama Islam dijadikan agama rasmi negara Malaysia, susulan daripada itu perlembagaan memperuntukkan bahawa agama-agama lain boleh dianuti dan dipraktik oleh penganut-penganut agama berkenaan tanpa gangguan.

3. Apabila bahasa Melayu diterima sebagai bahasa rasmi negara, tetapi bahasa-bahasa lain boleh digunakan sebagai bahasa ibunda dan bahasa pengantar di sekolah-sekolah.

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PERKASA and ME

1. When the 5th PM took over, it became obvious he was incompetent and unable to govern the country and grow its economy. He was seen as weak by the Malays as well as by the Chinese and Indians. He flipped-flopped, making decisions and policies and reversing them, arresting opposition members under the ISA and then releasing them shortly after, claiming that he wanted to protect them.

2. Extremists among the Chinese and Indians felt they could safely challenge the Government, particularly over racial issues. They demanded that provisions in the Constitution favouring the Malays and the NEP quotas be removed. Even Barisan Nasional partners took up the call.

3. Normally UMNO leaders and UMNO generally would take up the defence of the Malays. But Abdullah as UMNO President and PM was silent (elegant silence) causing the other leaders and members of UMNO to become silent also.

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HIGH INCOME ECONOMY

1. The Prime Minister has announced that Malaysia should develop into a high income economy. In the past we had stressed low cost because we wanted to attract Foreign Direct Investment through low wages for our workers. That was a good strategy because we were trying to solve our high unemployment problem.

2. We were so successful in creating jobs that we have to import foreign labour. We were effectively helping to solve the unemployment problem of other countries.

3. Our cost of labour is now higher than our neighbours and of course against China and Vietnam.There is no way we can compete with them. If our labour cost increases further, especially if we want to have a high income economy, we can no longer compete for FDI, at least the labour intensive ones.

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THE CURRENCY WAR


1. Malaysians, including Malaysian monetary authorities seem quite happy over the appreciation of the Ringgit against the US Dollar. We think that when our currency strengthens it must be because our economy is strong. Therefore we are doing well.

2. But are we doing well? Is it the Ringgit which is appreciating or is it the US Dollar which is devaluing?

3. Actually it is the US Dollar which is devaluing. It is devaluing against most other currencies, especially against China’s currency.

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HUMAN DEVELOPMENT SEMINAR, MELBOURNE


1. I would like to apologise to the students and others for failing to turn up to give the talk I had agreed to.

2. I would also like to thank those who sent get well messages, fruits and flowers while I was in hospital in Melbourne.

3. Honestly I feel I have lost an opportunity to meet and talk to what may be the future leaders of Malaysia. For this reason I am writing down here what would have been the contents of my talk.

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MELBOURNE EXPERIENCE: THE HOSPITAL IN THE HOME

1. After three days in the Epworth Hospital, it was suggested that I be discharged but should continue treatment under the Hospital in the Home service.

2. The Home Hospital has a full staff of doctors, specialists and nurses. They will carry out the full hospital treatment, periodical medical examination and treatment, intravenous drips, physiotherapy etc. They do not stay with patients but would visit at the designated time and stay as long as necessary.

3. It is far better than house-call by doctors as they can only give limited service. You feel you are being well looked after as in the hospital, but you have the ambience of home and family.

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FOUR TRILLION DOLLARS


1. How much is 4 trillion dollars? Star Business picking a report from foreign source says it is the value of Germany’s total output for one year.

2. I try to imagine the figure 4 trillion and wrote it down. It is 4,000,000,000,000. It is a lot, a great lot of money. But it is just the amount of dollars traded by the currency traders in just one day.

3. Yes, the currency traders are still at it, worldwide financial crisis notwithstanding.

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FOREIGN DIRECT INVESTMENT

1. One reason advanced by the advocates of letting the Ringgit to be traded abroad is that it will encourage foreign direct investment.

2. There was a time when Malaysia practically pioneered encouragement for foreign direct investment. It was even before FDI became popular with many developing countries as a shortcut to economic growth. Malaysia wanted FDI for job-creating labour intensive industries because of the need to create employment opportunities for its workforce at that time. It was really not about growing the economy.

3. For Malaysia at that time, foregoing taxes and even local participation were not important. The Government did not rely on FDI to fill its treasury.

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MALAYSIA ACCORDING TO LKY

1. Mr Lee Kwan Yew, the Minister Mentor of Singapore is three years my senior. That means he and I practically grew up in the same period of time. That also means that I have been able to watch the progress of Mr Lee, and in fact to interact with him on various occasions.

2. His assertion in his interview with the New York Times that “Race relations (would be) better if Singapore (had) not (been) “turfed out” (of Malaysia) is worth studying. Is it true or is it fantasy?

3. Before Singapore joined the Peninsular, Sabah and Sarawak to form Malaysia, there was less racial politics in the Federation of Malaysia. In 1955 the Malays who made up 80 per cent of the citizens gave a large number of their constituencies to the few Chinese and Indian citizens and ensured they won with strong Malay support. As a result the Alliance won 51 of the 52 seats contested.

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DINAR EMAS 2

1. Izinkan saya jelaskan pandangan saya terhadap kegunaan dinar emas yang saya cadangkan.

2. Saya telah cadang dinar emas digunakan untuk dagangan antarabangsa sahaja. Saya tidak pernah cadang dinar emas diguna sebagai matawang mana-mana negara untuk kegunaan harian.

3. Walaupun harga emas lebih stabil daripada matawang, tetapi nilai emas juga bergerak. Semasa Perjanjian Brettonwoods satu auns emas bernilai $35 Dolar Amerika. Tetapi sekarang satu auns emas bernilai $1,300 Dolar Amerika. Ini bermakna nilai Dolar telah jatuh degan teruk. Namun untuk dagangan antarabangsa Dolar masih diguna.

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