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sirgalahad2010
30-06-2007, 03:04 PM
I am fascinated by Rafidah's statement in relation to Thierry Rommel controversy.

One must admit that there is some kind of perverse logic behind what Rafidah said.

Quote: "There are aberrations here and there - this is not heaven. But for us to ignore economic irregularities just to attract foreign direct investment (FDI) is irresponsible.....the government welcomes honest comments and criticisms, but to make disparaging remarks that Malaysia is useless and to harp on the NEP is even worse".

(From the Spore Business Times (http://business-times.asia1.com.sg), June 30).

"Economic irregularities"? 50 years after Merdeka?

bugbear
30-06-2007, 03:58 PM
More like her personal check book balance she was thinking about when making that statement. "If NEP gone howlah to get my hand on all the money anymore..."

burntan
30-06-2007, 05:56 PM
FDI is not the only thing our country need.... what if to increase FDI will result in increase of crime rate, do we still blindly focusing only on bring in FDI?

pucman
30-06-2007, 06:54 PM
FDI is not the only thing our country need.... what if to increase FDI will result in increase of crime rate, do we still blindly focusing only on bring in FDI?

Just in case you haven't noticed, the crime rate has increased for a long time now.

crime rate depends on the efficiency of the police force and the kind of people you import into the country.

Raikonen
30-06-2007, 07:07 PM
FDI is not the only thing our country need.... what if to increase FDI will result in increase of crime rate, do we still blindly focusing only on bring in FDI?

What kinda perverse economic logic is this? burn-tan-nomics??

penangkia
30-06-2007, 07:49 PM
I think burntan's logic is something like this

When my business had a turnover of 100K, my bad debt. was 1k (1%). But when my turnover increased to 1million, bad debt. was 5k (1/2%).

Wow...5k debt. :eek: ....not right ...must reduce business back to 100k...only 1k bad debt. very acceptable.

Less trouble mah....who gives a sh!t about the increase profit, profit is irrelavent
....step up management, better credit control, customer screening...what's that? Waste time :D :D

isarahim
30-06-2007, 07:58 PM
The fact of the matter is that the FDI sector is the least crime infested industry sector we have, whereas the NEP regulated sectors have the highest crime level.

pucman
30-06-2007, 08:54 PM
The fact of the matter is that the FDI sector is the least crime infested industry sector we have, whereas the NEP regulated sectors have the highest crime level.

The more FDI the more jobs are created and less people will resort to crime. :D

If you don't have FDI and most people are poor, of course the crime rate will increase to feed their stomach.

Rocky19
30-06-2007, 09:45 PM
rAPidah some are more equal than the rest...just look at the AP distribution. If you believe in equality, why don't you give all bumis some AP, that way the equality among races will be speed up instead of in the hands of a few rich Malays.

USJ27Resident
30-06-2007, 10:59 PM
you KNOW the election is somewhere around the corner WHEN BN's key people start making perverse statements like this...

... to once again hoodwink the voters... :rolleyes:

simon_tan
30-06-2007, 11:02 PM
Quoting Rocky - If you believe in equality, why don't you give all bumis some AP, that way the equality among (races) <- you mean "Bumis'"

If you mean all races, the it may read - give all "low income MALAYSIANS" some AP, that way, the equality amongst races....

Sugarfree
30-06-2007, 11:02 PM
you KNOW the election is somewhere around the corner WHEN BN's key people start making perverse statements like this...

... to once again hoodwink the voters... :rolleyes:and please everyone, do not be hookwinked this time.

Suntory
01-07-2007, 01:11 AM
NEP = tongkat or remote controll wheel chair for the BP's. OMG they can't survive without it.. real leech like any human without back bones... real useless buggers.

burntan
01-07-2007, 09:50 AM
The important words to look for in my statement above is "what if".... I just trying to point out that our government making decision can't just focusing on one thing (FDI) and forget about other consequences. There are reasons why we still need NEP, so giving up NEP just to increase FDI may not be a good decision for our country and our people.

Sugarfree
01-07-2007, 10:02 AM
There are reasons why we still need NEP...After 50 years of independence? Ok, let's hear them. Enlighten us, pal.

wsp
01-07-2007, 12:21 PM
After 50 years of independence? Ok, let's hear them. Enlighten us, pal.

no point keep arguing with burntan... that's "burntan"'s statement.. hope u understand :rolleyes:

pucman
01-07-2007, 12:29 PM
After 50 years of independence? Ok, let's hear them. Enlighten us, pal.

If I understand correctly, communism means everyone is equal and possess equal wealth (ala china and russia model) That's why those countries are so poor. At least, china is now more capitalist.:D

Let's not argue with burntan.

hhtee
01-07-2007, 03:28 PM
The more FDI the more jobs are created and less people will resort to crime. :D

If you don't have FDI and most people are poor, of course the crime rate will increase to feed their stomach.

more jobs does not really mean people will not resort to crime. There is another forum where it was noted that where there is house renovation, the neighbour house gets brokein into. That's one example I can think of.

sirgalahad2010
01-07-2007, 04:36 PM
More FDI = more jobs.

Of course, it's got to be right type of FDI - high value-added stuff that results in high-paying jobs for Msians and skilled foreigners.

But our education system has to be smart enough to turn out the graduates with the relevant skills.

I think what Rafidah meant is that you can travel the world to attract FDI, but the domestic infrastructure must be in place to capitalise on that FDI.

And Rafidah, in spite of her purported faults, is one of our more hard-working ministers who's totally hands-on with her portfolio. Not like some of the other minister who are responsible for various aspects of the domestic portfolio.

pepsi
01-07-2007, 08:26 PM
no point keep arguing with burntan... that's "burntan"'s statement.. hope u understand :rolleyes:
Come onlah, give Burntan a chance to elaborate. Like Sugarfree, I am interested to hear what he has to say
I for one agree that NEP has it's benefits, if it didn't lose sight of it's original objective. It needs some modification though, because dulu lain and sekarang lain. The present NEP cannot practise too much on spoon feeding, it needs to slowly and gradually reduce the quota and privileges, to ensure that only the needy bumiputras are getting the aid. By pulling the rug under them, is difficult to accept, as they need to get use to it.

pepsi
01-07-2007, 08:37 PM
More FDI = more jobs.

Of course, it's got to be right type of FDI - high value-added stuff that results in high-paying jobs for Msians and skilled foreigners.

But our education system has to be smart enough to turn out the graduates with the relevant skills.

I think what Rafidah meant is that you can travel the world to attract FDI, but the domestic infrastructure must be in place to capitalise on that FDI.

And Rafidah, in spite of her purported faults, is one of our more hard-working ministers who's totally hands-on with her portfolio. Not like some of the other minister who are responsible for various aspects of the domestic portfolio.
Where was she when her two colleagues brought up the"bocor" issue ????

:D