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With these developments, the Government will put in place measures to stimulate domestic economic activities, in particular public and private investments, as well as private consumption. Private and public investments are expected to increase 15.9 per cent and 7 per cent, respectively, supported by higher foreign direct investment, implementation of the ETP and Second Rolling Plan (RP2) projects under the Tenth Malaysia Plan (10MP). Private consumption is projected to increase 7.1 per cent following higher disposable income and a more positive employment prospect. On the supply side, the services sector is expected to expand 6.5 per cent, while the construction sector 7 per cent. Therefore, economic growth in 2012 is projected between 5 per cent and 6 per cent.

prima facie

yet to be ascertained

jaga

break the bank budget

ikan kembong

pious

jangan soalkan apa negara kamu boleh buat kepada kamu, tanyakan apa yang kamu boleh buat untuk negara kamu.

inherent weakness

supremacy

godlike

deity

munafiks

munafiqation

Over in Indonesia, one of the reasons some of their energy people gave for why Pertamina had tanked so fast, apart from its lax nego-skills with the foreign oil companies, was the fudging of exploration finds.   Oil was found but reported as not found whereupon siphoned. One reckons this couldn't have been on a large scale - you can't hide a major oil rig - but on many smaller scales the leakage could have amounted to some sizable revenue lost to the maritime black market.   So, audit was amiss. And in the case of black holes like our PETRONAS which reports only to the PM's department, we're not even sure what's the bottom-line on reserves and revenues care of direct-offer procurements and far-fetched offshore investments.

One must note this is the same dept which had fouled the rakyat big-time on the toll and IPP contracts. Its govt has admitted as much recently. Both toll and IPP players are notable Umno cronies.     Just a look at the traffic volume of the Shah Alam, Sg Besi, Puchong and Penchala toll gates alone would tear your guts out on the money made out of the poor rakyat long past multiple recoveries of capital invested.     What we are seeing across all the Umno-run projects including the defense contracts is the metamorphosis of Umno's rationale for its corporate welfarism.

It had started as some struggle for our Malay tribe fed on a diet of hijacked history.  Then greed and ambition took over to next carve out an Umno club of the well-heeled and super-connected. Today that has become some pally syndicate ethnocentric around specific networks of proxies and adjutants. This tribe-to-club-to-syndicate octopus is the source of the biggest, longest standing, mega billion rip-off in Malaysia.   Meanwhile there's been no shortage of vacuous-minded supporters to fan that man's brand of racism and the Malay-first mentality of his rightist gang.  In short, the hidden personal interests embedded in Umno's corporate welfarism sold as defending Umno to defend our Malay race has instead brought about the munafiqation of our Malays.

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The 2012 Budget- A Crowd Pleaser
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8:04 AM
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Ahmad Jais dalam kenangan
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7:07 AM
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Budget 2012- hardly transformative
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5:51 PM
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Termakan budi, tergadai jiwa dan raga?
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5:27 PM
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Corporate Welfarism and the Munafikation of Malays
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10:10 AM
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The doktor supports corporate welfarism
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9:28 PM
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Earning the support system
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Older Posts
Home
Posts (Atom)
2011
October
The 2012 Budget- A Crowd Pleaser
Ahmad Jais dalam kenangan
Budget 2012- hardly transformative
Termakan budi, tergadai jiwa dan raga?
September
Corporate Welfarism and the Munafikation of Malays...
The doktor supports corporate welfarism
Earning the support system
The MAS-AA deal once again-2
The MAS-AA deal once again-1
Ucapan PM Najib: beri yang tidak beri
That bold speech on that historic day
Yang Menang dan Yang Tewas: Penyundalan Sejarah.
MAS- Air Asia deal revisited.
Nazri beheads MCA and Gerakan.
How can UMNO take out Mat Sabu
Use and Abuse of History.
Mat Sabu's historical revisionism
Insaf dan Sedar di bulan Shawal
August
The sad story of MAS.
Where has Malay Nationalism gone to?
The MAS turnaround was real debate
winnable candidates; high quality government and h...
A morning session with The Oracle of Syed Putera-F...
New Age Collectivism
MAS, AirAsia and the Dealmaker
The Mas-AirAsia deal- part 1
Sting is in the air?
A Sting job in the air?
A morning session with The Oracle of Syed Putera-P...
A morning session with The Oracle of Syed Putera
Zahrain Hashim and his windmill
July
Palanivel, Cabinet numbers and Parkinson’s Laws
Part 3- Amanah Agenda
The Amanah agenda- Part 2
Tengku Razaleigh’s speech at the launch of Amanah
The Amanah Agenda- part 1
A forgotten older and enduring ideal
The voice of conscience: AMANAH
Memahami Bersih- Bahagian 1
Untamable Bersih- part 2, understanding it.
Untamable Bersih- 1
Bersih- the humbling of government
BERSIH and the inane responses
Tun Daim- The Game has changed: The real game.
Leadership to save this country
June
Kualiti kepemimpinan UMNO
The saga of economic (s)hitman 2.
The confessions of an economic (s)hitman.
Ibrahim Ali and a sex-changed UMNO
Trouble in our journalistic citadel?
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