Sunday, November 20, 2022

GOOD CHANCE FOR ANWAR TO BE APPOINTED PM

 By Toffee

20th November 2022

APPOINTMENT OF PM MUST BE TRANSPARENT.

Zahid backs PH as more UMNO MP's call for his resignation, with BN Anwar has 111 seats.

"At any cost Anwar must never be Prime Minister", that is the battle cry of all the parties that have been aligned to Barisan Nasional and that included Perikatan Nasional.

With Barisan Nasional and Pdependin N later  there was a guaranteed gravy train for each MP on their side of the fence depending on rank, and the monies ran into the hundreds of millions, that was the only reason these MPs were and are in  in politics regardless of which side of the divide they sit on today.

The gravy train included allocations for the people which were pocketed even in Covid times instead of going to the poor  help the poor who were without income if you still remember,  much of these monies  have not been accounted for to this day, then there are high ranking positions for MPs who did not make ministerial positions as heads of GLCs paying them  salaries in the millions, additional ministers, and deputy ministers and more, not including multi billion dollar and multi million dollar contracts given to RM2/ companies, owned by the leadership or their cronies. This was the cronyism Anwar was speaking in the days he was UMNO Deputy President and finance Minister.

Notice the Slogan in this picture - that's what terrifies those against him becoming Premier

Since 1997 after  the then powerful Anwar Ibrahim after moving aside Ghafar Baba - the then quiet servant to Mahathir Mohammed  began his quest for the elimination of Corruption, Nepotism and  Cronyism and was preparing himself to take on Mahathir. It was so obvious Anwar was out to unseat Mahathir  that he Mahathir, brought up trumped up charges and jailed Anwar.  The call of Corruption, Nepotism, and Cronyism was seen as directed directly to Mahathir, Anwar was making ti clear he was taking on Mahathir Mohammed.

Talk at that time among Mahathir supporters was, when Anwar is released from jail he will be a nobody and so it seemed, but with his release from jail he showed that he could first destroy the two thirds majority held by the BN, together with the DAP  Penang, Selangor and Perak fell to the coalition and BN especially UMNO was bewildered, it was beyond expectations, on that fateful night when my friend Ajit Singh called me,  I was at a dinner it wazs only 7.30 at night and Ajit was so excited, he told me, "BN has fallen in Penang, clean sweep, Penang has fallen and Gerakan and MCA have disappeared from the island."

I did not believe it, it was only 7.30 in the evening, how could the results be out, my dinner was in Melaka I was at table with old friends, they laughed and one of them said, "what nonsense, you sure your friend in Penang is not drunk," that was the level of disbelief.

Mahathir Mohammed held Badawi responsible for the loss of the two thirds majority and forced him out and installed Najib, who even at that time was already tainted with the Altantuya scandal, into power. 

To Mahathir at the time  Altantuya scandal did not matter he even made excuses for Najib, he wanted Badawi out becausehe did not get his crooked bridge and moreover Badawi sanctioned the RCI on the Lingam case which even exposed Mahathir and he came up with his famous "I can't remember" excuses in court.

Najib came in and things got worse, Mahathir's  relations with Najib were at an all time low, Najib blames on the crooked bridge and after the 2013 elections it was certain that Anwar would be able to unseat Najib.

Sensing this Najib got him jailed with the same charges Mahathir had got him for earlier, but even then Anwar looked strong and was almost certain to come back, all the while since losing the two thirds majority the fear of Anwar worked Mahathir up so much he was at the point of goign mad. 

"If you can't beat him, join him, use his power base then unseat him" was what Mahaathir was working on the day he decided to team up with Pakatan Harapan. 

PH would not have him, but for the assurances that he would come in, be an interim PM and hand over the position to Anwar the day Anwar is released.

Mahathir joined PH, knowing that if he won he would be able to cast Anwar aside again and he did that with the Sheraton move, Anwar trusted this dirty old man who had nothing but hate for Anwar.

To Mahathir the name Anwar is terrifying, to the rest of the UMNO members it is too and to many Anwar defeats the purpose they are in politics  and that is - make money so Anwar has to be put off at all costs and all those who ensure this are part of that gravy train, of kickbacks, contracts with hiked up costs, or just ordinary cash.

Now in the present 2022, that Anwar has taken the Lions share of the seats in Parliament, h  the forces that be in Politik Melayu will not have it and so the the wheels of the  Muafakat Nasional   begins to roll.   

The jigsaw falls in place Muafakat Nasional the game plan hatched even before the elections were called is now being put in place.

The BN, PN and PAS has had a tacit agreement that should none of them have a clear majority to form a government and should Pakatan Harapan get the most seats they would then opt to put the wheels in motion for the Muafakat Nasional Jig.

 

                    Muafakat Nasional it may materialise without Zahid

 

The Agreement as it stands has the party with the most seats holding the Prime Minister's position.

The question now to ask is will PAS claim the position of Prime Minister? 

If not on what kind of understanding will the position be given to a PN MP or a Barisan MP.

ZAHID BACKS ANWAR FOR PM 

For some reason or other, Zahid was not actually in Muafakat Nasional jig as we discover later, he got all BN Mps to sign an undertaking in the form of a pledge that he will decide who UMNO teams up with should BN not get an absolute majority.

Much earlier even before Muhyiddn became PM, Anwar and Zahid were in talks and Zahid was willing to cede the PM's position to Anwar, this was later denied by both, looks like the plan was still intact just in case either party did not get the absolute party.

Now that that plan has been has come into the open with Zahid backing PH,  calls for Zahid to step down as UMNO head is getting louder, especially as it is now being said he is in favour of a coalition with PH. 

My UMNO sources say it is something both he and Anwar agreed upon before the elections took place and it was conditional if PH needed the numbers.

PN is looking like it has the upper hand or so they claim, if they do form the government, the pressures of introducing more Syariah controls will now increase, dress codes to go to Government departments, restriction of Pubs operating, and what about the gambling licenses for the four D outlets, Toto and even the likes of Genting Highlands? 

Only a PH/BN coalition can stop this now.

Consider this;

 How will the control of PAS on the Federal Government reflect on Foreign Direct Investment?

How will it reflect on the Ringgit?

How will it reflect on the stock Market? 

How will all these reflect on the business climate in Malaysia?

Will the government of the day be able to manage the economy of the country?

Any further dip in the Malaysian Ringgit will put the pressure on the price of goods especially the essentials, there will be pressure on wages and that will affect productivity.

It is already been forecasted that should BN or PN win and form the government the economy will suffer as there is a lack of confidence from foreign investors  and that looks like a reality now. See my earlier article 

A Government headed by Anwar will be the best bet, Anwar has the credentials, both Nationally and internationally recognised by business circles and Governments alike. On the hand  BN and PN have proven that they can't manage the country economically and the governments corrupt to the core.

Zafrul was a failure to say the least and both Ismail Sabri and Muhyiddin ruined the economy of the country by raiding the provident funds to pay workers from their own monies.

It really looks dangerous we are going into a situation where we may give "flowers to monkeys". Monkeys of course delight on flowers  their aroma, the colour and the sheer beauty but soon crush it as it is of no use to them - that Malay proverb will become a reality if due care is not taken in the formation of the next government.

Projects may be revived and at what cost, is the City in the Jungle going to be revived, if it is will the terms of "Malaysia My Second Home," scheme be reverted to the old one?

Will  the government hold good on its promise to investors in that project where it is rumored that buyers of the houses would be given Permanent Residence status in the country?

A lot has to be looked into, there is a great risk this nation faces and the people who make the crucial decisions on the future of this country have to weigh  their options with care and cast selfish self interest aside. 

The nation is waiting anxiously, it is commonsense to have the party that has won the most seats present its proposal to form government first and  that could even be a minority government, it has happened before in England when Harold Wilson of the Labour Party formed a minority government. /why are the losers being asked to do the same?

Anwar should be asked first to form the government  and if he can't form the government then and only then should the next party be called, calling both parties together puts him at a disadvantage being the party with the highest number of seats he must be accorded the advantage of being called first.

We know how our politicians work, if he is called and if he has BN as Zaid is backing him, then others will follow, as it seems right now Muhyiddin is doing a back door come in again.

The results may  be  different if the announcement to call Anwar and PH to present their case to the King before any other move with any other political party, the Sarawak and Sabah parties would sway that is our politics in this country.

My earlier article titled UMNO, Bersatu, PAS in the Muafakat Nasional Jig  and your choice in GE addressed and predicted this situation, a close friend of mine a Senior Pakattan Harapan member said I was talking nonsense, now the nonsense is unfolding right in front of our eyes.

Will Malaysia ever progress, with people who besides stealing the Nations wealth can also steal an Election


 

    

NO CONCESSIONS IN A PH COALITION

 By Toffee

20th November 2022

PH SCORES WELL, BUT IS DENIED A MAJORITY -ANWAR HAS TO CHOOSE PARTNER (S) WITH CARE.

It has been reported in the media that Anwar has claimed that PH has a simple majority or 111 seats, that is just good enough to scrape through the teeth for PH to form a government and for PN to throw a lot of stones at the new government.

Tular klip audio Anwar, Zahid bincang strategi semasa PAU - Agenda Daily 

 Anwar's 111 number fits this alliance exactly

The 111 seats claimed by Anwar makes BN the likely candidate for the coalition, and if BN wants to come into government it has come on PH's terms and PH should not concede any of its principles especially that of weeding out Corruption Nepotism and Cronyism.                                      

This will mean that Zahid will nto have his way of letting the corrupt free as he stated in his speech to the BN chiefs at a pre-election rally.

PH must determine  the Cabinet, The PM his deputy, the Home Ministry, the Minisitry of foreign affairs, Education, Human Resources, Works & Telecommunications, Technology, Rural Development, the the Speaker of the House, the Attorney General and the Ministers, Deputy Ministers and the rest, including the Police Chief, the MACC head and more.

Ineffective Directors General of Ministries should be relieved of their duties, we can't have members of the civil service going around defying Government orders at their own whims and fancies, it has happened under the past administration.

Zahid and Ismail Sabri must be denied ministerial positions, so that the new cabinet which must be trimmed must reflect people who will be able to govern well, with integrity and be seen clean and corruption free - Anwar has to live up to his call for an end to "Corruption, Nepotism,and Cronyism", he must be true to his word.

A bold step to wipe out vote buying must take shape, there is ample video evidence for this and it has to be used to bring to justice the perpetrators, this has to be stamped out throughout the nation. 

We need to take a closer look at the registrar of Societies who seems to be very lop sided in decisions of registering parties.

There is  a danger here of caving in to the demands of UMNO it is rather common knowledge that UMNO will change camp the minute things do not go their way for PN to form Government with others including UMNO.

I have spoken earlier of the Maufakat Nasional and I think that is the move on the cards now, I predicted the "Maufakat Nasional Jig" with PN, BN and PAS forming an alliance.

 

 WILL THIS MATERIALISE tHE MAUFAKAAT NASIONAL?

There is this inherent fear of Anwar by by many UMNO, Bersatu and PAS leaders and they will do just anything to ensure that Anwar  does nto become PM, they'll even shake hands with the devil.

Read my earlier article on the Maufakat Jig that is just what is panning out here, however Zahid has chemistry with Anwar being an Anwar supporter before but a Barisan BN coalition looks weak and now that Azmin and Zuraida have been thrown into the dustbin of political history in this country a joint government with Bersatu without PAS may be the best alternative.


CALLS FOR ZAHID TO QUIT BUT WILL HE?

 Johor Menteri Besar Onn Hafiz Ghazi has called for Zahid Hamidi’s immediate resignation as coalition chairman as he should take responsibility for Barisan's and UMNO's poorest performance in the History of the party.

Onn Gahzi Zahid said Zahid  should follow in former prime minister Najib Razak’s footsteps after the party’s election defeat in 2018 and also resign as Umno president. 

After Zahid posted a statement on Facebook about the results, which he described  as a “big sign” for the bloc, UMNO members came out with posts in the social media condemning him and demanding his immediate resignation.

Abu Kassim an UMNO member from Perak said this was a  sure sign that the Almighty has punished UMNO for its arrogance and for using  race and religion to justify what they did, not only Najib but all Division Heads and members of Parliament who supported Zahid's call for early election should rightfully resign, they have caused irreparable damage to the party, and both Najib and Zahid must be dismissed from the party. 

Tow other ex UMNO members Tajuddin and Shahidan Kaassim have called for the immediate resignation of Zahid.

According to UMNO sources more UMNO leaders including Hishamuddin Husein Onn wwill call for Zaahid's reignation

 

 

 

 


 

 

 

 

 

Thursday, November 17, 2022

YOUR CHOICE IN GE 15 PH OR MUAFAKAT NASIONAL - AN ISLAMIC STATE LIKE PAKISTAN

 by Toffee

17th November 2022.

CHOOSE WISELY, YOU HAVE EVERYTHING TO LOOSE IF YOU DON'T.

 

ANWAR MUST  BECOME PRIME MINISTER - READ WHY. 

                Our Next PM he speaks Excellent Bahasa and English unlike the others.

 ANWAR OR ONE OF THESE BELOW - YOUR CHOICE. A VOTE FOR ANY OF THEM IS FOR WHAT THEY CALL MUAFAKAT NASIONAL

                                  MUAFAKAT MASIONAL

 Even before campaigning fifteenth General Elections began Zahid Hamidi the President of UMNO made one thing clear, if the BN did not win this election he, Wee Ka Siong, Saravanan and many more were going to jail and we all know for what - the Hallmark of the BN - CORRUPTION, MONEY LAUNDERING, CRONYISM AND NEPOTISM.


 ELECTIONS DESIGNED TO DENY US OUR VOTE 

The Elections were  slated for the rainiest part of this Monsoon season, as the BN realises then when voter turnout is low they win, and that is why  they have ve3ry  high success rates at by-elections, so they decided to make it hard on us to turn up.

Up to that point they were confident of a BN swoop, they were confident that the world's famous Kleptocrat would come out of Jail to campaign and that the courts would allow him, or at least that he would be able to send videos from jail  and everything fell flat, smack on their faces.

IN DESPERATION THE MUAFAKAT NASIONAL -

 As the campaigning progressed they noticed one stark difference,  infighting in UMNO where accusations are being thrown from one party leader to the other, there are distinctively 3 camps in UMNO, the Zahid camp that includes his deputy Tok Mat, the Ismail Sabri camp that includes Khairy Jamaluddin and one more secretive and quiet camp of Hishamuddin Hussein on and the sad truth for these three factions is even if they get together they are not going to secure enough seats in the BN to go it alone and form Government,s o what do they do?

Well there is a plan I predicted it in my article UMNO, Bersatu, PAS in the Muafakat Nasional Jig exactly 2 months ago, now they are trying to hammer out that deal behind closed doors.

The issues in contention are;

a) the Court cluster Bersatu is not in favour of negotiating that issue and it is to be determined by the courts. 

b) The appointment of people in tkey positions including Judges and the Chief Justice, the Police Chief, the head of MACC and more.

c) PAS is demanding concessions for more Islamic laws to be introduced adn a move towards and Islamic state if the numbers permit without which PAS will not lend its support..

d) The formula for choosing the PM, as PAS and PN , it will be given to the party that has the most seats and this cannot include BN but only UMNO.  That has been proposed but PN is insisting that if it comes in it wants that position, and Muhyiddin is not backing away, so too Zahid. Remember  Ismail Sabri is only to be the "POSTER  BOY  as I stated in two  earlier articles.

e) The PN does not want Zahid in the cabinet in any position under any circumstances and they know they have the support of two UMNO fractions.

f) Zahid is proposing Hadi Awang as PM as a compromise.

Now with so many differences  can thethe Muafakat Nasional be realised?

Yes it can, it most certainly can because there is one very strong unifying factor that goes to the roots as to why all these crooks -without exception,  are in politics in the first place. 

If they do not unite or even if one of the parties cannot get the majority to form government then their biggest fear become a reality AND THAT IS;

ANWAR IBRAHIM BECOMES PRIME MINISTER.

 With Anwar as PM the entire gravy chain gets shut down, he will spoil the party, there will be  an end to "Ali Baba" contracts, Money Laundering, Cronyism, Nepotism and Corruption. That was their biggest benefit in politics, that is what Anwar brought to the forefront as the biggest scourge of the Nation for which he was jailed and they know that to him that is his life's mission and so;

THE FEAR OF ANWAR IBRAHIM

All the ill gotten contracts, kick backs, illegal funding, and even money laundering will stop, that was Anwar's goal since 1967 and even earlier from the Baling incident of his University days and they know he is committed to it - A REFORMASI AGENDA, to them a vulgar term and the there is this real fear that they will bury the hatchet at the last moment agree to anything as long as Anwar does not become PM.

NOW YOU SEE WHY ANWAR MUST BECOME OUR NEXT PRIME MINISTER.


 





 


Wednesday, November 9, 2022

CONFIRMED!!!! ISMAIL SABRI'S DROPPED FOR PM, AS THE PLOT THICKENS.

 by Toffee

9th November 2022

ZAHID TO GET PLAYED OUT, AS NAJIB ROLLS OUT HIS PLAN TO BECOME PM.

                                Both in the line of fire but each thinking the other is out

 Incidentally today is the 9th of November  - nine eleven of sorts, not the same as the 9/11 of the 11th of September 2001 when the gigantic twin towers in New York came tumbling down in New York.

This nine eleven, Ninth November 2022, i bring you the news of what is to happen if BN wins it may cause the collapse of some towering figures in UMNO

To begin with Ismail Sabri will not become Prime Minister that is for sure, he already knows it and is playing the quiet game because he does not want to lose the opportunity of a ministerial position and at the same time does not want to anger either Zahid or Najib.

According  to a well placed UMNO source from the Wanita and and the son of another well placed UMNO source whose father sits in the Supreme Council Najib is pulling the strings in the background.

All UMNO division heads and branch heads know that if BN forms the government Najib will be given a "get out of jail free ticket," and be pardoned for all wrong doings, so  Najib still has the clout to dictate terms.

Najib has named two persons, one is Zashid who he actually does not want to become PM, but only chose him as one of two, because Najib is not sure if he can trust Zahid.

He has no doubt that Zahid will buy him his freedom if BN wins, but he is afraid Zahid will not surrender the position of PM to him when he comes out.

Zahid has been vying this position for a long time and it seems to be passing him by, so Najib has submitted another name to the Supreme Council and that is Hishamuddin Hussein Onn, his cousin who since the beginning days of the PH government has been visiting Mahathir to plead both Najib's and Rosmah's cases, he was asking Mahathir not to pursue the cases - Mahathir can confirm that but he wont and you'll find out why as you  read further.

It was when Hishamuddin's efforts failed because Mahathir was not willing to accept his proposal do so, instead Mahathir gave  him a counter proposal that he would let Najib and Rosmah walk  only if UMNO dissolved itself and joined Bersatu which was impossible to accept.

                                   Hishamudin and Mahathir No deal

It was at this juncture when  Hishamuddin received Mahathir's impossible  counter proposal that he promised he'd get Jho Low back to Malaysia, something he has failed to do to this day even though he knows Jho Low is in China and he claims that the Chinese Foreign affairs Minister is his "Brother."

Mahathir was keen on getting UMNO dissolved and all UMNO members and assets into Bersatu so that he could form an all Malay Government with PAS and  without Anwar as the "turncoats" led by Azmin Ali in PKR were willing to lend him a hand do this, that is why Azmin Ali was not charged for Sodomy although the evidence was overwhelming.

                                     Azmin Hatchedd the plot with Mahathir for Government without Anwar

 

 

Mahathir was planning the downfall of the PH government the first day he stepped into the the office of PM after the PH victory.  All these facts were known to Muhyiddin and Azmin, and the plot was hatched.  

Muhyiddin was of course was adamant that Najib and Zahid would not be let off the hook and that  the equation did not include them.

Najib is  aware of all these moves, being  aware of these moves he stopped the dissolution of UMNO as he was still seeking the big seat - that of Prime Minister and he knew with Mahathir and Muhyiddin at the helm  he was roast, so too his wife and Zahid,  he stopped it and to this day Najib want's to return to the seat of Prime Minister of Malaysia.

Zahid had actually told Mahathir he would consider Mahathir's request on the dissolution of UMNO  he was wanting to save himself but the UMNO big wigs did not agree, Bersatu would dissolve all their positions of power and they were fully aware  both Mahathir Muhyiddin  knew what it takes to neutralise them.

Azmin was fully in the know and informed about these meetings by Mahathir.

Now Najib wants to make a return, he has slight doubts on Zahid's integrity, he knows only too well that there is no integrity nor honour among crooks and thieves, Mahathir proved that by his plot by which he planned the downfall of  Pakatan Harapan.

With all this Najib is bent on not allowing Zahid to become Prime Minister, the stage is already set should BN win, Hishamuddin will come from behind and take the office Prime Minister. Najib is fully confident that his cousin will return that office to him after he comes out of jail and goes for a by-election to reclaim his Pekan seat.

Zahid on the other hand is certain it is going to be him, he has collected the pledges, whilst Hishamuddin quietly lies in wait pledge or no pledge, as the word will come from Najib he knows should BN win.

There is a secret pact between Zahid and Hadi Awang to join forces to form government, Hadi's playing both sides of the coin, he is waiting to see which side serves his own interest,whilst Zahid realises he may need the numbers.


                                Lying in wait to get freed an become PM again

Hishamuddin has really nothing to do, all that has to happen is only wait, and like Zahid himself said "names will be given to the Yang de Pertuan Agong to decide the position of Prime Minister", and Zahid,  Najib knows will not be the choice with court cases hanging over him, that will be the reason, well of course Zahid is a bit of "dunggu" of sorts he does not see the game plan, and is confident he's goign to be King maker in the cabinet if BN wins.

Interesting times ahead only and only if BN wins or is able to do so with PAS support. 

 

 

 

 

 

 

Tuesday, November 8, 2022

MUHYIDDIN MAKES AN IDIOTIC OFFER IN DESPERATION


by Toffee

Tarrence Tan of the Star reports that Muhyiddin will has promised Malaysians a Public Holiday if PN wins the elections.

                   That's the best I can do 1 day holiday

 What a desperately idiotic move to try  win the elections.

Is that the best Muhyiddin could offer a nation that is witnessing rising costs by the day, a fast depreciating Ringgit and a stock market which sees only one direction - a downward slide and where ordinary Malaysians are struggling to make ends meet?

This man really has no inclination, absolutely no inclination whatsoever  of how much the nation loses with  a single day off, he is not mentally  equipped to fathom that, to put it plainly - he is plain dumb.

If he has any brains at all, he will be telling people how he will improve our economy>
How he will strengthen our Ringgit that has been weakening since Najib's 1MDB fiasco and which took a steep plunge after he, yes, he Muhyiddin and his stupid Finance Minister Zafrul, wastefully handed out monies out to keep themselves in power.
This is not the worst, the worst is yet to come,. our Ringgit will plunge even further if BN or PN takes hold of government, this is what I have been told by a person in the know whose job keeps him intimately in touch with the international financial circles in Singapore.
As our ringgit plunges the cost of essentials are going to spiral sky high, ever notice that the buying power of your RM 50 is less then what  an RM10 could have done just about a year or two ago?

Why? I'll tell you why.

Because all these idiots are interested in is to get back into power and enjoy the benefits of their wages as Parliamentarians, all the fringe benefits and if that is not enough get more by way of corruption.
Can he tell us if he is going to cut the salaries of Ministers and what it will be if he wins?
Can he tell us what the salaries of the Menteris Besar will be and that of their cabinets?
can he tell us what the salaries of Deputy Ministers will be if he winss?
Can he tell us what the salaries of members of Parliament will be?
Can he also tell us how and by how much he will trim the allowances of the Prime Minister the other ministers the Menteris Besar, state assemblymen etc.?
The principle is If you do not feel the pain you will do nothing.
Right now they are in seventh heaven, the vulgar  allowances, payments they make in office while the rakyat suffer is unimaginable.
The PM, the Ministers, the MBs, the members of Parliament and the state assemblymen must know that becoming a lawmaker is not an avenue to get rich but rather to serve the people.
Tell us how he will re-organize and trim the salaries of the heads of GLC's and get rid of dead wood. How many of them he will get rid off and who they are if he wins.
Will he hire Independent Executive Search Agencies of repute to hire really good experienced and proven mangers to run and manage GLCs and rid all agencies of Political appointees.
Accordingly tell us how much all this will be under his watch and not make bodohs of the rakyat by giving them "1 day Public Holiday?"
Is that the best you could think of?
A former Deputy Prime Minister, a Prime Minister, instead of telling us how you can repair our economy you are thinking of a Holdiay you lazy bum.


 


Monday, November 7, 2022

IF BN WINS - RINGGIT TO HIT 5.30 TO US DOLLAR.

By Toffee

21/10/2022

IT COULD PLUNGE TO RM 6.30  BY MARCH WARNS A  RESPECTABLE MONITORY EXPERT IF BN OR ITS TWIN PN WINS.

 

Equals USD 21.08 which means 1 Ringgit is US$4.744 today.

And it is going to get so terrible if BN wins warns international monetary expert.
 

My friend from Singapore 15 years my junior, his late elder brother was a closer friend till he passed away, came over for the Diwali weekend,  I picked him up from the airport sent him to his hotel first after which we went for dinner.

I took him to a  place where we'd have some quiet and some really good food and drinks and moreover the ambience was good it was really comfortable the joint is really classic.

I'll  not divulge  the name of the Restaurant for two reasons, this blog does not do promotions and secondly some of the major shareholders are Malay and the place is not Halal, but the food is just superb, the drinks are fine and because I am of  Indian origin we got a free cocktail each compliments of bar  for Diwali, my friend turned to me remarked rather sarcastically, "Wow!!, in KL being Indian has its advantages I see,"  and laughed.

The Wagyu  Beef was superb, it was Wagyu from Kobe and it is rare here in Malaysia, I chose tenderloin medium and my friend a Buddhist  went for Ducks breast, not being connoisseurs of wine we opted to go with Scotch, I  prefer blends and he Single  Malts so we left the bottle aside and ordered by the shots.

I apologized  for not being sensitive by bringing him to a place that served beef when he chose Duck Breast, "oh for goodness sake Toffee shut up,"  he said, "why are you talking like as though I am like your  Melayu politicians, as long as I have something in the menu that I can eat, it is perfectly alright with me, and Duck Breast I love it, you don't get it just anywhere in K and even in Singapore,  you see with most of us Buddhist  as long as there is food which we can eat and has no religious constraints  eat it regardless of the place where it is served, you can eat what ever you want on the menu it does not disturb us, to each his own."

To cut a long story short when we finished dinner he said, "Toffee it's been a long time, 10 years and that's a long time, it was a great meet we must do this more often it was a beautiful night all that catching up, but please let me pay, and I am insisting he said, the bill was  Ringgit 2167.5 to be exact, then after paying with his card he said it is only about $600 to me."  

That statement of his hit me like a bolt for the blue, I wish he hadn't said that because it suddenly dawned on me, "My God" I thought what has become of our ringgit, I renumber  when we parted currencies  it was 0.9 RM  (Malaysian $ as it was then known),  to a Singapore Dollar we had the advantage but now what a mess, we have actually become poorer so much poorer, no wonder the costs of daily essentials have gone up so much higher. My two thousand over ringgit is  worth less then Singapore $600?

My friend works with an International financial Institution, and his work involves high level monitoring of regional and other notable international currencies and he tells me that the Malaysian Ringgit is very volatile and is being watched very closely "the market reckons should BN and especially UMNO win the elections the confidence in the Ringgit will plummet easily to RM5.30 in  a short time to the US dollar, it  will be worse if the Old Guard moves in" (meaning Najib and his crew I presumed  ) if that happens it has the potential to go down toRM6.30 and even lower  , the Thai Bhat may surpass you in the not so distant future.

He advised me to park my money elsewhere. he is active in international and regional fora, contributing to discussions on global financial stability and international financial regulatory reforms among others. "In ASEAN,  Myanmar and Malaysian currencies are areas of concern," he told me.

"You'll notice," he told me, " the day your Prime Minister announced he will be dissolving Parliament you stock market plunged, and your Ringgit took a nose dive, this is because the foreigners do not trust that leadership of yours in managing the economy, and that is a fact, and if you have been keeping in touch and know a bit of your recent history, the real history I mean, Anwar Ibrahim was held in high esteem by both the IMF and the World Bank during his tenure ass Finance Minister of Malaysia." 

The reason he gave me for Malaysia  losing its status as one of the Tigers of the Asian economies was because of our reactions to the 1997 monetary  crisis, your Mahathir Mohammed chose to blame George Soros for what he really engineered by way of Cronyism, Corruption and Nepotism, which was then Anwar's cry for cleaning up, before the crisis befell you after which Mahathir made a blunder which you are paid for then losing your status as a Tiger and are still paying for now. 

 "Although a lot of people think that  the pegging of the Ringgit at that time was right, especially Mahathir Mohammed it was not, Mahathir has no idea of financial management  the architect for that plan to peg  the Ringgit s fas Nor Mohamed Yakcop a close Mahathir confidante at Bank Negara at that time, but Mahathir took the credit for it and rightly so because you can now see the effects of that decision" he told me.

"The IMF at that time had predicted what was to happen to Malaysia and so too did many other Business Analysts, the writing was on the wall, you were redeeming the corrupted, you were redeeming  them and when you redeem the corrupted your level of corruption only escalates till it destroys you completely that is what is happening now, and believe me the IMF, the World Bank, all financial Institutions are watching, watching their predictions come true, and it is, it's happening in front of your own eyes, " he said.

"The pegging gave the UMNO Malays the attitude of invincibility that they could worm themselves of any financial crisis and that corruption pays, even today if you were to privately talk to an UMNO Division head or Branch head about corruption this is what they'll tell you, 'how else do we do Business and become rich, the Chinese have everything,' without realizing that the Chinese work hard for their money," he said.

"Singapore, Korea, Taiwan bit the bullet they survived and are much better off then you and while you sink Thailand, Indonesia and Vietnam are on your tail and soon your children will be looking for jobs there, fortunes will be reversed, it is already beginning, go find out how many Malaysians are working in Indonesia, Cambodia, Thailand, China and India, your government may not want to give you the numbers but many already are, my friend," he said shaking his head.

I immediately remembered asking a Director of National Productivity Centre once if we have bench marked our productivity  against that of Singapore, Thailand and Indonesia  and if we did where did we stand this was in the late 90's we saw it coming, he just brush off the question, I wonder if we are doing it even now..

The 1997 financial crisis was only a warning, your government should have used it to realign as the other tigers did,  but in an economy where you rob Peter to pay Paul you can expect only blind loyalty from Paul and that is exactly what is happening in this country,  you can see it happening, but the Pauls led by greed for  a fistful of Ringgit  are blinded of the danger they pose not only to you, but to themselves and their Children as well, they can't see beyond that fist full of Ringgit. The pegging was the alternative to enable the UMNO to buy support  at that time, to give out fist full of ringgit to supporters,  I wonder if Mahathir even realised the deep pit he was throwing the country into.

"Well"  my friend said,  he was safe, all his money is in Singapore  and he has invested in landed properties here in Malaysia. 

"Make no mistake I love this country, I love the Malays they are the best people you can ever meet and have as friends but the UMNO brand of politics have spoiled them and they need a strong Malay to awaken them up from this state of  hypnotic  trance they are in - a hypnotic trance that used race and politicised religion to actually put them in a state where anything they say goes. How else do you explain things like "Bossku" he asked, he's right.

As we were talking and walking to the cart park, he told me the last time PH won the market was taken aback, no one expected the Barisan to be toppled, no one was prepared for that eventuality and as a result the ringgit took  a slight dip but later with good monetary policies the market was beginning to  pick up till that government was toppled.

"It's not gong  be the same  for you,"  he said, "unless you Malaysians really make a radical change, a change that can be seen as radical with serious people at the helm, a total shift in mentality,    meritocracy must not be bad word anymore in this your beautiful country which I was forced to  abandon as my children and their future came first , you need to lift your economy, or you people are in real trouble, very big trouble , because market sentiment has total disregard for corrupt countries and especially corrupt leaderships."

He told me more but it did not register, I was too worried and a lot of scenarios were just crossing my mind, my eldest grandchild will be preparing for tertiary education next year, what will it cost I was thinking, what about the  four other grandchildren so a lot of what he told me went up in thin air, I was more preoccupied by the horror of the moment, I followed him back to his hotel, he had to leave the next morning his parents live in Perak, if only he was still around I'd have asked him more because he should know, his position in the industry makes him authoritative.

 I will go to Singapore later this year if  time permits to get the details .

Well we aren't given the real picture here, we are taken for a joy ride by the PN government and its UMNO finance minister, when our Ringgit dives the excuse is, "well there is no reason for it to, the fundamentals are strong," that is what the Finance Minister says what fundamentals is he talking about.

What fundamentals but for our currency that depends on so much direct foreign investment if there is no confidence where do we go next, do we turn out to be like the Philippines and Bangladesh where our children must go overseas and earn and send money back will that be our greatest source of foreign exchange?

China has put a stop with us,  they may give us piece meal in future, their investments here are in trouble  an once trust is lost, trust the Chinese never ever to trust you again,  we know their involvement with the  Najib Government, it was not China particularly, but rather Chinese Companies and that was the blunder, so China will not want that kind of involvement anymore, Xi Jin Peng is reexamining his policies, he is keeping a close watch of his Companies and the Company he keeps.

Hishamuddin said the Chinese foreign Minster was his elder brother, but that "elder brother" did nothing to give him Jho Low who Hishamuddin promised to bring back, that is the level of respect the Chinese Government has for the likes of the UMNO people. They got their reputation soiled because of UMNO, they will not be prepared for more.

The general Chinese population do not see it viable to invest in Malaysia, for many of them the City in the Jungle was a con game, when the ground rules for the "Malaysia My Second Home  (MMSH) were abruptly changed drastically it made no sense of their investments. Chinese were investing into the MMSH because of the MMSH policy, it just got swept away.

We have lost the confidence of real big time investors not only from the west but the East as well and China too an it is the loss of confidence that will be the biggest deterrent in the inflow of foreign direct investment.

 PN is BN in a different Cloak

The future looks scary if not bleak and the only way to salvage it is to change the Government, finish UMNO and the BN for good, PN is BN in a different cloak,  they are corrupted to the chore they  can't be salvaged, go for a government that will give us the truth about the situation no matter what, so we can jointly rebuild our nation.

 

VOTE PAKATAN HARAPAN AND PARTIES ALLIED TO THEM.

 UNDI LA PAKATAN HARAPAN.