We can stop questioning the Bumiputera equity target, as what you asked us to do. But how are we going to ensure that we reach that 30% target unless you can find a way to stop the Malays from selling what the government gives them and then secretly transferring the money overseas to buy property or to save in foreign bank accounts?
NO HOLDS BARRED
Raja Petra Kamarudin
Dear Khairy,
How are you? It’s been a long time since we last met and shared a cigar. I don’t know whether you ever make it to this part of the world but in the event you do please look me up and maybe we could shoot the breeze and have a drink or something like that. Smoking cigars is quite difficult here unless you do so outside because the UK no longer allows smoking inside the pubs or bars. However, unless we do that in summer we will find that extremely uncomfortable.
Anyway, what I want to talk to you about is your comment yesterday that no one should question the Bumiputera equity target. It is strange that you should say this because back in 1976 we too said the same. Oh, and was not 1976 the same year you were born? That means when you first emerged from your mother’s womb and first saw the light of day as a squealing newly-born baby we said exactly what, today, you are saying: don’t question the Bumiputera equity target.
I was then already 26 years old and a member of the Malay Chamber of Commerce. Later, I went on to become one of the Chamber’s central committee members. So, back when you first emerged into this world we were already fighting for what only today you are fighting for.
To be honest, however, we did question the Bumiputera equity target. You can, in fact, find my many kertas kerja (working papers) in the Malay Chamber library and archives, unless they have all been thrown away. Some of these kertas kerja were also compiled and published into books. Yes, while you were still in diapers and being breastfed (or maybe bottle-fed) by your mother we were already cracking our heads, pondering on how to help the Malays.
Now, when I say we did question the Bumiputera equity target, we did not question it from the point of view of whether it should be retained or removed. No, this would be a treacherous act because the Malays needed our help and even the Chinese and Indians agreed so. We questioned it from the point of view of it being 30%.
“Why 30%?” we asked. And may I remind you that we asked this question during the time you were born.
“Who set the figure at 30%?” we wanted to know -- although we suspected your father-in-law, Tun Abdullah Ahmad Badawi, may either know the answer or had a hand in it, seeing that he was the Secretary of the NOC at that time (so maybe the next time you have a family sit down you can pose this question and see what he says).
“Since Bumiputeras represent 60% of the country’s population why not the equity target be fixed at 60% instead of 30%?” we argued -- and no one could enlighten us and tell us why.
Finally, they admitted that 30% appeared to be a good figure and was sort of plucked from the top of the head. If it had been only 10% then the Malays would have complained that it is too low while if it had been 60% then the non-Malays would complain it is too high. So, 30% appeared to be a good and compromising figure, which both the Malays and non-Malays may not quarrel with.
In other words, we were told that there was no formula. No one sat down to work out the arithmetic and the end result of that calculation or formula revealed that 30% must be that target. It was just a convenient figure that some thought would be acceptable to all sides without a quarrel.
“But is 30% achievable?” we asked. Well, came the reply, it is just a target. It is not law. It is merely an aspiration (hasrat). We will try to work towards that figure but whether we achieve 30% or not is not as important as we have a target to aim for so that we know where we are heading.
Fair enough. We could accept that. So there is really no basis for it being 30%. It is just that 10% or 60% may upset one group or the other and that 30% is a middle-of-the-road or compromise that both sides can agree with without a quarrel. And while there is no formula for it being 30% or any guarantee that we can meet this 30% it at least allows us a target to aim for. And 30% is as good as any figure to aim for.
Another ten years passed. And by 1986 -- which by then you were ten years old and probably in standard three -- we again sat down to review the achievement (pancapaian) of this 30% and found that the target of 30% had not been met. We were told by the then Deputy Prime Minister that the pancapaian was only 19% or so.
This got us worried. We remembered the new Prime Minister, Tun Dr Mahathir Mohamad (then Datuk Seri), warning us merely four years or so earlier that the NEP would not go on forever and that by 1990 the NEP would end. “We promised the Chinese and Indians that the NEP would end in 1990,” said Dr Mahathir. “So we have to keep our promise and end it in 1990. So the Malays had better be ready to stand on their own feet without any government protection.”
I must admit that I too panicked. We called for a meeting of all Malay businessmen to discuss this matter. 1990 was not that far away. If the pancapaian is only 19% and if the NEP is going to end in 1990, what are the Malays going to do?
As I said, you were then still only in primary school. At that age you probably did not worry about all this and for sure would not have panicked like we did.
We decided to hold a two-day seminar at the Shangrila Hotel in Kuala Lumpur where we invited both the Prime Minister and Deputy Prime Minister to attend. We whacked Umno and the government. We whacked what we called the Umnoputeras (Umno people who kill other Bumiputeras). We whacked the trust agencies (such as Pernas, SEDC, etc.) that compete with Bumiputera businesses by using unfair and dirty tactics, and more.
I even whacked Bank Bumiputera Malaysia Berhad (BBMB) in my working paper and called BBMB ‘Bank Buat Melayu Bankrupt’. Basir was so angry he cancelled my RM5.7 million banking facilities and gave me 14 days to pay back all my outstanding balances in full -- plus I was blacklisted by the Ministry of Finance and barred from getting any further government contracts (you can talk to Idris Tulis about this because he and Izat Emir, etc., were two of the many victims of BBMB).
But nothing much happened after that because the entire world was in recession and the government could not help itself, let alone help the Bumiputeras. In fact, even the Chinese suffered and some such as Tan Koon Swan even went to jail.
This brought us to 1990 when the NEP was supposed to officially end. We were devastated. The 19% figure of 1986 was still 19% by 1990. This was mainly because of the long mid-1980s recession. So everything stagnated. What do we do?
We then decided to hold the Third Bumiputera Economic Congress and at the same time invite the government leaders to this congress so that the leaders and we can jointly ponder on this matter and consider how we could jointly solve the problems of the Malays. Of course, the Prime Minister, Deputy Prime Minister and entire Cabinet would be invited.
We were then summoned by Ahmad Sarji Abdul Hamid, the KSN, to attend a meeting in his office, which we did. Ahmad Sarji told us that Dr Mahathir had agreed to attend the congress but he insists that the government take over the organising of the congress instead of attending it as a mere guest. Furthermore, we were told, Dr Mahathir wants to invite the non-Malays to attend the congress.
We protested. How can non-Malays be invited to a Malay congress? There may be some very nasty things said during the congress and what would the non-Malays feel if they were present and heard all this?
Never mind, Ahmad Sarji said. It is good that the non-Malays attend so that they can hear what we say. This will give them an idea of how the Malays feel. This will also allow the non-Malays to participate in the debates so that they too can suggest how to assist the government in overcoming the problem of the Malays. Anyway, said Ahmad Sarji, the Prime Minister has made up his mind and this matter is not open for negotiations.
Reluctantly we had to agree because, as you know, once Dr Mahathir has made up his mind there is no turning back. And the congress was held with the participation of the non-Malays and with the government as co-organisers.
We lamented about the 19% pencapaian of the Bumiputeras and how, now that the NEP has ended, we will never see it touch 30%. The Minister of Trade, Rafidah Aziz, and Minister of Finance, Anwar Ibrahim, even argued on stage in front of the entire audience. It was actually quite embarrassing to see two senior ministers arguing on stage in front of all of us who sat there dumbfounded.
“The trouble with the Malays is that they are dayamaju (viable) but not dayatahan (resilient),” Rafidah chided us. “You can’t blame the government if the pancapaian is only 19% and not 30%,” screamed Rafidah. “It is the fault of the Malays and not the government,” Rafidah said.
Rafidah then explained that the government had given many Malays shares, permits, quotas, contracts, etc. The problem is, once the shares go up, the Malays sell them. If the Malays had retained or kept all the shares the government gave them, then it would be 30% instead of 19%. In fact, it may even be more than 30%.
We had no choice but to admit defeat. Rafidah was right. In fact, I too am guilty of exactly what Rafidah had said we Malays normally do. So how could we dispute what she said? Many Malays sell the shares the government gave them and secretly transfer the money overseas to buy property all over the world.
If you include all the overseas property and cash in foreign banks that the Malays own, and if you add this to their equity holdings, then we could probably see the figure touch more than 30%. But then if you ignore the overseas assets and cash of the Malays and just look at their shares in Malaysian companies, it would appear like the Malays own only 19% instead of 30%, or probably more.
There is hardly any successful or elite Malay who does not own property or cash outside Malaysia. And most of these are undeclared. So it does not reflect in the 19%. If it did then it would not be 19% but much more. It may even be more than 30%.
Realising that most of us are guilty of doing what Rafidah said we are doing, we decided to let the matter rest. The only way to establish whether the Bumiputera wealth is really 19%, or 30%, or maybe even 40%, we would need to declare all our hidden assets overseas, which no one was prepared to do.
Of course, there is one way we can solve this. And this would be whenever shares are issued to Malays you stamp it ‘non-transferable without government permission’. And even then if permission is granted the shares can only be sold to another Malay and not to a non-Malay.
In other words, these shares would be ‘Malay reservation shares’ just like how we have ‘Malay reservation land’. Therefore, just like in the case of Malay reservation land, shares allocated to Malays can only be sold to another Malay and to no one else.
But then the Malays do not want this. Malay reservation land is very much lower in value compared to freehold land because only Malays can buy Malay reservation land. If the land can be sold to non-Malays then the land value is so much higher. And this would be the same for ‘Malay reservation shares’ that can only be sold to Malays and not to non-Malays.
There would also be the problem of the stock exchange listing. There will be two sets of shares quoted on the stock exchange. The ‘freehold’ shares will be quoted at one price, which will be higher, and the ‘Malay reservation’ shares will be quoted at another price, which is lower.
Now, what happens when a RM1.00 share, which is 'freehold', is quoted at RM10.00 per share on the stock exchange while the ‘Malay reservation’ share is quoted at only RM0.80? The Chinese would make millions while the Malays would lose their pants. I, for one, would never buy a ‘Malay reservation’ share but would rather buy shares that can be sold freely on the market at a much higher price.
The important thing, however, is that once shares are issued to Malays they are 'frozen' and cannot be sold unless to another Malay. This would ensure that the 30% target can be achieved and Malays will forever own those shares. But the shares will hardly be worth more than the issue price and at times maybe even less than the issue price. But if the 30% target is the main issue then this would address the issue although in terms of real wealth there would not be much to shout about.
So you see, dear Khairy, at around the time you were born we already discussed this matter at great length. And the best brains in Malaysia at that time were not able to find a solution. We can stop questioning the Bumiputera equity target, as what you asked us to do. But how are we going to ensure that we reach that 30% target unless you can find a way to stop the Malays from selling what the government gives them and then secretly transferring the money overseas to buy property or to save in foreign bank accounts?
And please don’t say this is not happening. It is. In fact, your own family does it as well -- as do many of my Malay friends, most of whom you too personally know.
Dear Khairy, let me assure you that I will support any move of yours to address this Malay problem. But, as we discussed back in 1976 when you were first born, we need to find a solution on how to enlarge the cake so that there is more to go around and not on how to steal other people’s cake. And we also need to solve the problem of how the Malays can keep the cake and not eat it because once you eat the cake it will be gone. You just can’t eat your cake and have it as well.
I trust your Oxford education will not go to waste and that you can use the wisdom you have gained in Oxford to find a solution to a problem that many of the best brains in Malaysia were not able to solve since the day you were born back in 1976.
Yours truly,
Raja Petra Kamarudin
PS. I have some Cuban cigars in stock and will wait to meet you in London before I smoke them.
Translated into Chinese at: http://ccliew.blogspot.com/2010/10/blog-post_18.html
written by Yen.CK, October 20, 2010 00:42:09
Then my Malay friends can have 99% of whatever is left. 1% for the real Bumiputeras (orang asli).
So UMNO, Perkasa and Education Dept. are actually doing a very good job.
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written by cpchen, October 19, 2010 23:06:23
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written by Better My, October 19, 2010 11:05:07
Yea, no more closet "one nite cap and one for the road drinking" while punching on the keyboard. This could explain the super admin floating on air "lost in translation from mind to the screen.
But a more likely explaination for the 'nite cap euphoric expression is the tonque in cheek writing that has gone haywire abit in the admin's head, by our ordinary narrow mind standard, as hinted by the next Admin thread. We should have seen it that way and say along that line. We are the "idiots on reflection for not permitting the maestro to have his share of "fun too. It was not easy to catch but leaving a hint at the end might just triiger our lazy minds to be more alert of other possibilities/intricasies of thoughts.
The Super admin deserves all the fun and toying with us. Casper doesn't mind. Thats it.
......
95% Malay ownersip (95 % malay poluplation) of a bankcrupt nation is nothing to shout about - It is not worth your while to remain in malaysia, except the total no-hopes. Malay pitted against other malay under rotten system of government. All the fixed deposit (civil servants number etc) wil be gone as there is no money to pay for them. More of the non-malay in the current polulation are gone. This is a more likely the scenario of a malaysia under continuing garbage bn rule.
10% ownership of a sustainable super rich but fair malaysia is ALOT of $$ to any 10% equity owners say the chinese or malay etc . The future is bright and there are continuity of real progress and growing standard of livings. The civil servants can plan for their future properly and they are not fixed deposit to any party. This is more likley scenario of the nation under Pakatan. The non-Malay would think thrice before submitting their papers for migration. .
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written by batsman, October 19, 2010 10:36:10
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written by Aria, October 19, 2010 06:11:48
All Malaysians are equals and anyone who needs help should get help regardless of race or religion.
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written by nocheesegromit, October 19, 2010 05:35:19
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written by Mestizo, October 19, 2010 00:19:47
We have to move on and introduce meritocracy system. Set aside some money in our budget for education scholarships and low cost housing for the POOR. Since Malays form 60% of the total population then 60% of those scholarships and low cost housing should go to the poor and qualified Malays. The other race who are poor should share the balance.
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written by chipon, October 19, 2010 00:19:07
I totally agree with Pete. Khairy, you are so stupid that you couldn't even understand the issue.
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written by Motherchell, October 18, 2010 23:05:06
I sure agree with Better My and VotersGet voters!!---Casper's is a vivid parallel of thought!!!
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written by hunkeyboy, October 18, 2010 23:01:41
then of course when this has happened there will be every reason and justification for the powers-that-be to maintain and even raise all the various quotas, preferences etc based on ethnicity.
but honestly, by then it won't matter much because a 90% malay majority population which claims to own just 19% of equity won't be much of a place to be proud of, and in the regional scheme of things may be at the tail end -- like philippines, indonesia, bangladesh, cambodia which are net exporters of workers.
the solution for the nation is a political one, and it is needed NOW. we do not slogans without solid backing action. we need to see concrete movement towards this new dawn, as suggested by concepts like 1malaysia, etp -- and that whole lot of mind-boggling acronyms that only civil servants parrot without understanding, and Ordinary Joe cannot even parrot.
in the early 80s rumours have it that govt-backed bumis moved in to get chinese businesses to divest 30% to them. when it came to shove, the response was "why 30%? we sell you 100%". of course there were no "deals" as there is a wide difference between divesting 30% (to be paid for through annual dividends!) and buying out lock, stock and barrel. but seems eventually some long-established businesses pulled out - to the benefit of other countries.
the kuok group didnt, until recently when it gave up. and now wheat, sugar prices can be upped!
you tally up all these discriminatory practices throughout the decades and what picture do you draw? tell me.
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written by Motherchell, October 18, 2010 22:17:14
""""
-May 2010--When Swiss authorities lifted the veil of banking secrecy—under pressure from the European Union to expose tax dodgers—Singapore stepped in, promoting itself to the world's ultrarich as a discreet place to park cash. Now, the Southeast Asian city-state hopes to persuade them to store their high-priced collectibles here, too.http://online.wsj.com/article/...70746.html
This week, doors opened to the Singapore FreePort, a super-secure, state-of-the-art facility that operates in its own duty-free zone next to Singapore's Changi Airport. The largest such facility in the world, it provides wealthy collectors with tax-free storage, as well as a place to display and sell their art. Owners and prospective buyers can jet in, pop over to the FreePort to view a piece of art in a private gallery, seal the deal, and jet off again. While FreePort tenants have to register the goods online with Singapore Customs, they need report only what general category they fall under—say, one painting, not one Picasso.
"When you go to a bank and rent a safe, nobody knows what goes in. It's the same thing here," says Alain Vandenborre, president and co-founder of Singapore FreePort. "They only need to give a code that indicates the broad nature of the item—gold, wine or a painting. There's no value, no ownership, no inventory list—all details are confidential. We offer more confidentiality than Geneva," whose free port was set up in 1888....................About eight years ago, looking to attract foreign depositors and become a private-banking hub, the city-state began to create a raft of new laws that bolstered bank secrecy and strengthened trusts. At the time, Asia's growing wealth was spurring demand and Switzerland was scaling back bank secrecy.
Between 2000 and 2009, the number of private banks in Singapore doubled to 42 and private-banking assets grew from $50 billion to $300 billion. Swiss banks, in particular, beat a path to Singapore. ......................
AND SO THE UMNOPUTRAS LIVED HAPPILY EVER AFTER!!!
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written by nagappan, October 18, 2010 21:37:06
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written by rotary power, October 18, 2010 21:17:34
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written by Voter get Voters 1, October 18, 2010 20:58:39
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written by Eskay345, October 18, 2010 20:48:16
Yet they keep yapping that their 30% equity hasn't been achieved.
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written by casper, October 18, 2010 20:44:49
Also - Super Admin - I did not overlook the fact the MCCI is a business centric forum and hence my emphasis that reads; "pressure group/s from way back in 1976 (till present) place NO emphasis on education as a means to uplift and address the plight of the many who really need a leg up ".
Note the use of "pressure group/s", meaning 'others' beyond the 1976 pow-wow and the parenthesis (till present) - my view that little has been done to honestly stare down and address a problem that has worsen over time while we all bear witness to the ill effects, now full blown.
Stepping out for the evening and my best as always Better My, Super Admin and all out there.
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written by DPG, October 18, 2010 19:27:05
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written by by2020, October 18, 2010 18:46:00
Then we come back to the government for more..., with good excuse that 30% has not been achieved.., and it never will!
See why we deserved the bumiputra status...! We are obviously cleverer than many other hard labor sweating pendatangs! See who is the real master!
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written by Better My, October 18, 2010 18:20:21
Among the serious comments, out of nowhere came this very orginal "I feel Hot. Give me dried ice. Frozen assets"
This has to be as original as it gets. What the bloody hell are you talking about? Beats me
Are you saying the thread and the comments here are so "hot. As result, you feel "hot just reading them and you need ice to cool you down?
Or are you saying that the ambience temperature in your computer room is very hot while you are reading this thread and you need ice to cool you down?
Then you throw in the mix, "You Sabahans listen and read carefully!! " that adds more to the puzzle, in relation to the lion preceeding it. Beats me again.
This reminds me of the very abstract art by professional world artist which professionals review and put millions value tag to it , including mistakenly reviewing unmentioned "Standard two artist" abstract art as the work of professional artist, and given the same price tag. The reviewers are none wiser.
A 2 year old + just climb onto the keyboard, stumble into MT web, and writing this line for the first time?
Time for your milk bottle feeding yet?
Nex time we need some to prepare some puzzle games, we will think of you, Tompios.
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written by Better My, October 18, 2010 17:59:06
Dear casper, maybe you overlooked the fact that the forum was a business forum by the Malay Chamber of Commerce and Industry. xxxxxxxxxx The forum to talk about education would be in an education forum. For example, surely we will talk about single mothers and abandoned children in the correct forum and not in a forum to discuss the proliferation of armaments in South East Asia.
This is called focus, which you clearly lack, maybe because of the poor education that you received.
RPK
The last sentence by the "neutral "above the fray to his "genuine members" Super Admin is uncalled for.
Super Admins should stop at " xxx armaments in South East Asia." It would have easy "walk in the park reply. The next line brought the thing undone , turn a "walk in the park" into "stumble face into the mud puddle in the park" for Super Admin, down to gutter writings that many MT readers/writers are happy to be immersed in, including writer. But we are us, not the maestro whom we worship on the grounds he walk on.
He has the right of reply to the criticism of Casper ("xxx in this instance Raja Petra too should shoulder some blame xxx) , if he chooses but I doubt the last line reply is the best from of a seasoned Super Admin co-ordinator. Another sign of irritable burnt-out man, heading to the "gloom of another harsh freeze-cold Winter?
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written by Super Admin, October 18, 2010 17:12:12
This is called focus, which you clearly lack, maybe because of the poor education that you received.
RPK
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written by zeus, October 18, 2010 16:52:07
I believe that maybe, the NEP started on the wrong footing and as a result, went the wrong way all the way up. It should never have started from an 'economical' point, instead, the focus should have been sound grounding in education, certainly, not of today's standards. All along, the NEP has been about taking the fish from others and putting them in the hands of the Malays. I think it's about time the Malays must learn to fish for themselves. No point giving them expensive and fanciful fishing rods if they can't learn how to fish. Otherwise, you can extend the NEP forever and it will still be the same and over time, when most of the non-Malays have migrated out, where do you think the future fish is going to come from?
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written by casper, October 18, 2010 16:45:16
IMO, it is heartbreaking to note that Raja Petra and the congregation that make up the pressure group/s from way back in 1976 (till present) place NO emphasis on education as a means to uplift and address the plight of the many that really need a leg up - and that to me is the greatest disservice UMNO has done, dumping down on lay Malays with the promise of sweet nothings.
Making available student loan is a noble objective, an initiative that began 1990's but here again education too has become a conflict point (due to you know who, creating a division that didn't exist previously) when vast numbers of bumi grads can't find gainful employment upon completing school. Scratching the surface, the market place takes no prisoner's and is able to tell apart the difference in standard/ability of a MARA grad (university status) and a TAR College grad - night and day difference, and all this before realising the deficit in most degree holders when their proficiency of English is questionable.
The manner in which education has been politicised has always been my pet peeve. I've often say, let them steal but never forsake the education of the up and coming. And the stark reality, my Malay brethren have never been big about the need to provide or demand the best resource towards improving the prospects of their children as they endure the 'paper chase' - bloody sad state of affairs considering Malay pressure groups have been gathering for the longest BUT no one, not one time has anyone been bold enough to confront UMNO's control over its hold in how the majority of Malay masses acquire their qualification.
I've always lambasted Kadir Jasin, the Rocky Bru's and various Malay blogs( with popular readership) for keeping mum, in relation to the monumental failure of many a local grad. A diploma holder becomes a degree holder overnight by virtue of a change in status ie ITM, Shah Alam being conferred 'uni' status without a care or any meaningful consideration for the elevation. Looks good on 'paper' but proof of the pudding is in its eating, no ?
I take no delight but in this instance Raja Petra too should shoulder some blame. Instead of playing watchdog to question UMNO's hold and mismanagement of the NEP, would it hurt just highlighting the "controlled" environment many a Malay student is being subjected to ? And mind us all, majority of these impressionable mind's DON'T KNOW better and left to elders to help guide them through those critical formative years - a most critical path that is going to determine their standing in society.
Bad enough gainful employment is hard to find or if one is force to find employment in an area where years of schooling goes down the drain as not one bit of knowledge gained in school is applicable (a dear friend of mine holds a degree in chemistry but is today selling insurance !) and all made worst when the student loan still needs to be paid off - sad reality.
* Bottomline, time to vote all them thieves out of government and let us determine our own fate with meaningful participation instead of having threats made or having to hear of words less condescending - MAMPUS UMNO, coalition members, cronies and associates.
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written by Navigator, October 18, 2010 16:13:18
He is so stupid he forgets his maths. Any diligent Malay can start his own business and have 100% of it. Why take it from the Chinese have worked hard and developed the business. They are so lazy they want to use the NEP to rob the Chinese.
For the Chinese, here is my message. If you start a business that exports to the world, remember that the Malays (about 15 million) constitute only 0.2% of the world population (7.8 billion). Why do you need to give 30% of your shares to only 0.2% of the market? Move overseas. If you have to give 30% of your shares to the Chinese in China, at least you have access to 1.3 billion people in China instead of only 15 million Malays in Malaysia. Let the UMNOputras learn the meaning of hard work or die of hunger. Don't let them use the NEP to rob you.
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written by mikewang, October 18, 2010 15:39:53
You can look at it this way too.
Chinese Malaysian capital and brains are already moving out of this country in recent years.
Very soon, you will have your 30% when sufficient numbers of Malaysians move out of this country.
Perhaps even 50% from a much smaller pie.
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written by pixieface, October 18, 2010 14:56:22
If after over half a century, the 30% NEP is not achieved like you said, then you bastards at b end ought
to be shot through your arse.
You amenoes hijacked the NEP for the elite and cronies, like yourself, the richest jobless guy around KL.
Go tell that to yourself, when you go pray five times a day.
What is the status of the real bumis in sabah and sarawak now ah ???
Right now, the pek moh greedy sister obtained nearly 3/4 billion loan from RHB and her company is
destroying the ancestral land of the ibans.
WHAT HAVE YOU GOT TO SAY TO THAT, IDIOT !!!!!!
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written by Tompios, October 18, 2010 13:56:31
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written by ibabonma, October 18, 2010 13:56:15
Soon after, like a mad bull Umno are claiming 30% in everything, housing, scholarship, employment, sand, timber, kambing, lembu, babi and so on. That’s was how the 30% became synonymous with all Malaysians, Umno goons in particular..
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written by tanglc, October 18, 2010 13:33:05
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written by Pakyeh, October 18, 2010 13:23:32
The right way ...is to create a new Malay bussinessman (rubber planters at that time) to ,akeup 30% of rubber astates/bussinesses.totally owned by Malays to break the British dan Chinese monopoly.
Please read my rencana "Dasar ekonomi Barua" at .....
http://warongpakyeh.b******t.com
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written by Catharsis, October 18, 2010 13:16:58
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written by Voter get Voters 1, October 18, 2010 12:40:41
I am always agreeable and sympathetic to the NEP of 30% to Bumi but only to those poor and deserving Malays ....not to those filthy corrupted rich Umnoputeras . Now NEM should be for all races....fair and more so most of the poors are the Malays themselves.
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- +83
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written by tmf, October 18, 2010 12:29:57
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- +71
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written by skc, October 18, 2010 12:20:01
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- +31
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written by rocky, October 18, 2010 11:49:31
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- +71
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written by Better My, October 18, 2010 11:27:08
whom many of us lavish our praises & affection on him not that long ago has spoken again in malaysia Insider. Guess who?
http://www.themalaysianinsider...s-victory/
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- +38
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written by truthbespoken, October 18, 2010 11:05:25
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- +98
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written by samadhi8, October 18, 2010 10:49:19
You dont need the best brains to figure this out!
You (as in Malays) just have to swallow your Pride + Ego first. Then follow the Chinese + Indians instead of talking down to them, pressing them down and stealing from them.
Observe how they work hard (not the dishonest ways which you Malays hv successfully adopted + perfected), open your mind positively to competition and kill the "ketuanan attitude" of its my priviledge to have this + that.
We are one big faimly, we sink or swim together.
You cant FAIL if you just swallow your arrogance and Malay Chauvinism and do what LEE KUAN YEW did + he proved to the whole world his policies are an International SUCCESS!
Only stupid egoistic people try to re-invent the wheel after it has been invented!
THERE IS NO SHORT CUT TO SUCCESS.
Malas, Manja + Munafik Malays dont understand this ancient wise saying, not even one educated from Oxford University.
Ooopps ,,, btw Oxford U does not teach morality + virtue, the home front does!
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- +146
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written by justice seeker, October 18, 2010 10:44:48
“Who set the figure at 30%?” we wanted to know -- although we suspected your father-in-law, Tun Abdullah Ahmad Badawi, may either know the answer or had a hand in it, seeing that he was the Secretary of the NOC at that time (so maybe the next time you have a family sit down you can pose this question and see what he says).
There is hardly any successful or elite Malay who does not own property or cash outside Malaysia. And most of these are undeclared. So it does not reflect in the 19%. If it did then it would not be 19% but much more. It may even be more than 30%.
Realising that most of us are guilty of doing what Rafidah said we are doing, we decided to let the matter rest. The only way to establish whether the Bumiputera wealth is really 19%, or 30%, or maybe even 40%, we would need to declare all our hidden assets overseas, which no one was prepared to do.
FIRSTLY, BODOWI WOULD HAVE TOTALLY NO RECALL OR FORGOTTEN WHAT HAPPENED IN 1986.
NOW, IF ONLY THE AMENO WARLORDS AND THEIR EUNUCH PARTNERS IN BEEND WOULD CARE TO DECLARE THEIR ILL GOTTEN GAINS STASHED OVERSEAS, THEN WE CAN KNOW HOW MANY PERCENT THIS BUNCH OF ELITE FEW HAVE AMASSED OVER THE LAST 20 ODD YEARS.
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- +61
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written by Davy McChester, October 18, 2010 10:44:45
Or get interpol assistance to bring back ill gotten money stashed away overseas by UMNOputras and their cronies. There is plenty to go about ,maybe could even easily exceed the 30 % mark
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- +78
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written by anfad, October 18, 2010 10:20:14
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- +92
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written by hellosunshine, October 18, 2010 10:03:52
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- +163
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written by hellosunshine, October 18, 2010 09:51:23
The 30% will never be achieved till kingdom come when the Malays either belanja makan kenduri or sell off their shares and goodies that the BeEnd gomen dished out generously to them like Santa Claus (Oops, Santa is haram and not halal). Ibrahim Katak is a personification of such Malays, not only demanding free crutches but electric wheelchairs as well. I hope his lard laden arteries are surgically removed without anesthetics. Serves him right for living the good and easy life without working or breaking a sweat. Looks like Mahalanun and Ibrahim Katak has one foot in the grave now. Please don't die yet until after GE13.
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- +138
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written by Malaysiaputra, October 18, 2010 09:39:30
=====
The NEP has been debased so much that it has become a vehicle for those in power to rob the rakyat with the blessing of the political masters (who of course are doing the same but in a bigger way) who has to ensure that their cronies are well fed too so that they will not squeal.
How on earth does a minister or deputy minister have posh properties overseas base on their pay ?.
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- +110
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written by earthman, October 18, 2010 07:52:38
I cant help, forgive me , but I think its always link to the way one is brought up to be proud and sensitive and be lazy. That it is god's will and if one follows and obeys his god and defend his god everthing will be ok. This had transform their mind sets and hardened it that its so hard now to change it. If only the Malays would be open and learned from others, they would be better off now. If they would think as a human first whom God so love then they would have achieved that even before the Chinese or Indians came to Malaysia.
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- +182
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written by Better My, October 18, 2010 07:22:25
The last time they smoked the cigar and the invite to do so again in London.
When there is no accountability of the assets holding of the malay till today (from their hidden assets - a great example is the Sabah Taib guy), this 30% ruling should have been nullified and voided at the end of 1990 when it was supposed to end.
This constant talks through the years of 30%, 40% or 60% or whatever % will continue to drive the stake into the hearts of most non-Malay, in spoken and other silent protests.
The impact will continue unabated - the best brains and young families of non-Malays will leave the country for good , EVEN after Pakatan set foot into Putrajaya if this whatever % and other very bad discriminatory practices continues to marginalise the non-Malays diectly or indirectly. The days of these contemptible gross racial discrimination are over if any government of the day want the best from all rakyat.
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- +131
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written by singhkris, October 18, 2010 07:13:25
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- +142
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written by z3_demarco, October 18, 2010 05:37:48
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- +190
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written by NSTPravda, October 18, 2010 05:02:35
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- +102
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written by Singa, October 18, 2010 04:28:36
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- +187
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Please note.