Categories

Login

NEP >>>

PM Najib is telling a half-truth about NEP and bumi equity

Liar Liar pants

1. 23% bumiputra equity in 2010 is WRONG.

UMNO and Bank Negara are using face value, not the market value to compute bumi equity. The actual bumi equity is at least 45%, UMNO is purposely to underestimate bumi equity for justifying NEP and Malay brainwashing campaign.

MCA is silent on statistical data manipulation by UMNO, thus MCA is evil as UMNO.

2. Rent seekers a.k.a Alibaba has caused the leakage of bumi shares of RM 52 billion is TRUE.

Najib blames rent seekers for failure to achieve 30pc equity
By ZUHRIN AZAM AHMAD

PUTRAJAYA: Rent seekers caused the failure to achieve the 30% bumiputra equity in the country’s economy, said Prime Minister Datuk Seri Najib Tun Razak.

Addressing an economic forum of Malay/Bumiputra leaders, Najib said when the rent seekers failed in their businesses, it derailed the target.

However, there have been some improvement as the bumiputra equity had increased to 23% in 2010 from 21.9% in 2008, he said.

“This is the result of the government’s market-friendly policies and the move to offer business opportunities to bumiputras based on merit,” he said.

The nkkhoo.com comment board with Facebook account.
Soon Quah says:

PM Najib is indeed a champion together with UMNO/BN in leading this beloved country toward bankruptcy. What’s about the hundreds of billions of national debt? What is your stand on this particular issue? What do you say about massive corruptions and abuses of power by the dumno regime??? And what I know is that you’re the greatest double-talk and flip-flop PM the country has ever produced. And one more thing, the ghost of Altantuya is by now just around the corner to inflict you and your beloved wife.

FOR YOUR IMMEDIATE INFORMATION, BR1M DOESN’T AT ALL CONTRIBUTE TO THE LONG TERM SOCIO-ECONOMIC WELL BEING OF THE NEEDY RAKYAT. THIS IS A TOTAL ABUSE OF TAX-PAYERS’ MONEY TO BUY VOTES AND NOTHING ELSE. WAKE UP RAKYAT AND DO NOT BE HOODWINKED BY THE DECEIVERS AND MAMAKUTTY!!!

We must ‘Dare To Try’:
http://www.youtube.com/watch?v=mVm_S0xBAQA

Ngayub says:

To win votes in Kedah (and pave the way for a/l Apanama to be MB), Najib yesterday promised a racing circuit for the Kedah folks.

Have you seen any Chinese Youth racing or being “Mat Rempit’s?
The Chinese are studying hard to fight for a university places, busy with business or sales to improve their living.

However, Umno is spoiling the Malays, spoonfeed them, so as to maintain their control over them to justify their low stake in economy. People are not worried about about a racing circuit for mat rempits. People are more concern for a roof over their heads and food on the table.

JYT says:

Actually the malays are smart to spend away any gains for instant pleasure (eg. another wife, holiday abroad, etc) and gratification to keep their tangible asset low in their balance sheet such that the malay equity is maintained as status quo to continue to exploit NEP?

Fhineas says:

The malays are smarter than the Chinese in the sense that as any wealth accumulated could not be transmitted to heaven when you die. So better spend on present life???

Of course the chinese have to accumulate wealth to pass down to their children as NEP does not provide for them.

Anabelle says:

Why should the rich bumiputeras deserve affirmative action? Where is the social justice in that? It has been 42 years since the inception of the New Economic Policy; why is this still happening today? In any case, where is the law that decrees that there should be such a discount?

Source:
http://www.malaysiakini.com/news/219375

亲亲 says:

回教银行的首席经济专家Azrul Azwar与及以前的财政部长达因都预测民联会胜,国家经济会因为民联胜利而大好。

如果能形成这样的政党轮替,人民才能当家做主。才有好日子过,才不会一直受到不公平的对待。

Fhineas says:

Malaysian Insider: Azrul Azwar Ahmad Tajuddin has defended himself against his employer Bank Islam Malaysia, saying today the bank’s police report against him is an intimidation tactic and their allegations are a civil matter and not criminal in nature.