No secrets leaked, says Mindef


A French tribunal is investigating the Scorpene squeeze for elements of corruption. File pic
KUALA LUMPUR, Jun twenty-seven Putrajaya has insisted no report was leaked upon the evaluation of the RM7 billion Scorpene submarines bought in 2002 despite justice papers claiming the contrary in an ongoing French inquiry.
The counterclaim method (Mindef) pronounced in reply to an demurral speech by Lembah Pantai MP Nurul Izzah Anwar that it did not have any report upon allegations that secret papers were sold by the company related to domestic researcher Abdul Razak Baginda to the French counterclaim firm.
"To the best believe of the ministry, up to right away there is no report detected to have been taken out of Malaysia.
"The counterclaim method has no report upon the allegations of supposed secret papers sold by Terasasi (Hong Kong) to Thint Middle East (Thales International) pronounced to be worth 36 million (RM142 million)," Defence Minister Datuk Seri Ahmad Zahid Hamidi told Parliament early this morning.
He also denied any believe of dealings in between the dual companies, the latter of that carrying shaped the joint-venture with French counterclaim giant DCNS to set up the dual vessels, as the supervision had no dealings with possibly company in the purchase.
"The statement by the Lembah Pantai MP that the dual Scorpene submarines were purchased from Thales International are untrue," the Bagan Datok MP said.
Prime Minister Datuk Seri Najib Razak, who was counterclaim apportion during the time the understanding was sealed, has for years denied allegations of indiscretion in the purchase.
There has been no evidence joining him without delay to the purported crime in the understanding as well as his supporters contend the antithesis is during the back of effort! s to rev italise the issue just forward of an election that contingency be called inside of the year.
French lawyer Joseph Breham, who is behaving for romantic organisation Suara Rakyat Malaysia (Suaram) in the ongoing exploration in Paris, pronounced last month the interpretation allegedly sold was purportedly for "commercial engineering" works
Abdul Razak, the former think-tank conduct who was during the centre of the 2006 investigation in to the attempted murder of Mongolian translator Altantuya Shaariibuu, is listed as the director of Terasasi with his father, Abdul Malim Baginda.
The company was formerly incorporated upon Jun 28, 2002 as Kinabalu Advisory as well as Support Services Ltd, according to the Hong Kong Companies Registry.
Suaram filed the complaint against DCNS in the special French investigative justice during the Paris Tribunal de Grande Instance in April.
The antithesis has described the purported leak of counterclaim secrets as an act of treason, demanding an investigation by the government.
But Zahid ignored any such pierce by the Najib administration, observant the buying was finished according to existent discipline as well as it would not seek entrance to papers from the inquiry.
"The Malaysian supervision understands there is no hearing in France regarding the Scorpene submarines. Therefore, there is no subject of the supervision asking to be observers," he said.
He refused to elaborate when approached byThe Malaysian Insiderlater, observant "that's the central statement."
Nurul Izzah, who is PKR clamp president, later told reporters that the apportion was "technically correct" as the box had yet to come in the full hearing as well as was currently still the legal investigation.
Malaysia paid RM6.7 billion in 2009 for the dual submarines of that RM574 million was earmarked for co-ordination as well as support services for Perimekar Sdn Bhd, ! owned by Abdul Razak.
Abdul Razak is being sought as the witness in the French case.
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DAP insists on criminal charges over Teohs death

KUALA LUMPUR, Jun twenty-seven The DAP has scoffed at a Malaysian Anti-Corruption Commission's (MACC) decision to punish its 3 officers concerned in Teoh Beng Hock's 2009 death, insisting which criminal charges must be brought against a trio. MACC chief government official Datuk Seri Abu Kassim Mohamed told reporters today which a commission would ... Read More

Treason? No! Treason why she has stepped forward to lead BERSIH is to selflessly serve the people


I had a discuss over coffee with Ambiga last week.
In a course of our conversation, we asked her if, during a Walk for Justice in Sep 2007 where about 3,000 others as well as we assimilated her in Putrajaya to walk from a Palace of Justice to a PM's dialect to demand a Royal Commission of Inquiry in to a VK Lingam video scandal, she had for even a impulse suspicion she would, 5 years on, lead a entertain of a million adults on a streets of Kuala Lumpur to demand for giveaway as well as fair elections?
She looked during me, her eyebrows arched, as well as afterwards she broke in to a large smile, burst out laughing as well as exclaimed,"You must be mad, Haris! we never saw this coming".
We both laughed, as well as afterwards a short impulse of silence followed.
Holding behind tears, we told her which we had served in a Bersih steering committee underneath her stewardship in a run up to a BERSIH 2.0 convene as well as was in consistent hit with her in a run up to BERSIH 3.0. On both occasions, despite vigour from loved ones as well as from a authorities, she never wavered from a responsibility thrust on her to lead in a pursuit of justice. She had answered, as well as answered with such grace, a boundless call to selflessly offer a people.
we told Ambiga we had bad news for her. Her task was not during an end. Her care was still very much needed and, as she had finished thus far, she would rise to a arise again.
we write this right away ! as a rep ly to Sri Gading's infamous Abdul Aziz's categorisation of Ambiga's lead in a BERSIH 3.0 convene on 28th April as 'treasonous'. Malaysianinsider has a storyHERE.
Najib as well as so most others in BN, too, have taken to creation these vile as well as smutty allegations.
we am not during all surprised.
Freedom fighters throughout time have been called a same, or worse, when they stood up to bullies, tyrants as well as fake democrats.
Malaysiakini reportsthat a government is dissapoint which Najib has been categorised as a fake democrat.
False democrats, according to a author ofthe articlethat appeared in theThe Globe as well as Mail, Mark Mackinnon,"hold elections though have no goal of giving up power" as well as their "serious political rivals have been jailed as well as their parties have been outlawed on legal technicalities".
Najib, UMNO, BN, take a bow! You have been being spotlighted!
All which we have been witnessing of late have been a bieing born pangs of a new era about to be ushered in to this nation.
Mahathir's veiled threats of violence as well as incessant efforts to resurrect a spook of 13th May.
PERKASA's consistent efforts to plan as well as conjure a notice of a Malay community underneath siege, so which UMNO may continue a race-based order as well as rule unabated.
What we have been witnessing is an aged as well as really bad bleeding tiger, reacting in horror as it sees before it, a immature as well as colourful pup reaching a finish of a gestation duration as well as waiting to be delivered as well as to afterward! s inflic t a fatal blow to finish a days of a aged one.
See a attacks against a chairman of Ambiga as only one some-more act of recklessness by which old, bleeding tiger.
But Ambiga is not alone in this.
Many Malaysians have answered a boundless call to rise as well as to selflessly offer a people.
Hang Ambiga?
Hang us all then.
And for any of us hanged, another 100 will arise.
Come which day, a immature pup would have been delivered.
- The People's Parliament
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Hang Ambiga, says "Pakatan Rakyat" MP for Sri Gading...


An Umno lawmaker called tonight for Datuk Ambiga Sreenevasan to be hanged for a "treasonous" action of organising a Apr twenty-eight Bersih convene for giveaway as well as satisfactory elections, which a statute Barisan Nasional (BN) has claimed was an try to topple a Najib administration.

Sri Gading MP Datuk Mohamad Aziz(left) compared a Bersih arch to leaders of a Al-Ma'unah militants who attempted to overthrow a supervision in 2000 as well as were in a future sentenced to genocide by hanging for "waging war against a King," a initial people to be convicted of a offence.

"Shouldn't you also cling to Ambiga (picture) for fraud towards a Agong? Traitors should be punished as cruelly as possible," a four-term federal lawmaker told Parliament when debating a extra supply bill.

The Tabung Haji director, who has formerly indicted opposition personality Datuk Seri Anwar Ibrahim of formulation carnage as well as genocide during a rally, combined which he was "willing to spill my red blood for this country" to roars of capitulation from his associate backbenchers.

Prime Minister Datuk Seri Najib Razak has also indicted Bersih of an attempted coup as well as Home Minister Datuk Seri Hishammuddin Hussein has said there were elements in a convene who longed for to instigate genocide as well as bloodshed.

The supervision has set up a row to investigate a Apr twenty-eight violence, but a choice of former police arch Tun Hanif Omar, as row head, has been widely criticised after he compared a movement to communism as well as indicted a organisers of trying to overthrow a government.

The Apr twenty-eight convene which saw tens of thousands accumulate during 6 different locati! ons prio r to streamer to Dataran Merdeka was peaceful until about 2.30pm when Ambiga asked a throng to disperse.


But her announcement was not listened by most of a throng who persisted to linger around a historic block which a justice had already barred to a public over a weekend.

Just prior to 3pm, some protestors breached a barricade surrounding a landmark, leading police to sunder a throng with tear gas as well as H2O cannons.

Police then one after another to pursue rally-goers down multiform streets amid pell-mell scenes which saw violence from both sides over a next 4 hours.

Several dozen demonstrators have claimed which they were assaulted by groups of over 10 policemen during a time as well as visual justification appears to back their claim but police also point to violence from rally-goers who pounded a police car.

The Al-Ma'unah organisation had audaciously stolen weapons from an army camp in Jul 2000 prior to finally being cornered as well as forced to obey in Sauk, Perak.

Mohamed Amin Mohamed Razali, who led a rope of 29 men, was hanged 6 years later, followed by 3 alternative leaders of a militant group.

Prior to an progressing Bersih convene held upon Jul 9 final year, a organisation of Parti Sosialis Malaysia (PSM) activists were also arrested upon suspicion of formulation to salary war upon a King.

The pierce gained drawn out defamation as well as a final collection of 6 PSM leaders were only liberated from apprehension twenty-eight days after prior to being charged for subversion only days later. -wargamarhaen.blogspot






Hakim tanya m! engapa k 'jaan 'layan' permintaan BERSIH


Seorang peguam kanan persekutuan 'dihujani soalan' dari Hakim Mahkamah Tinggi hari ini apabila beliau tidak dapat menyatakan dengan jelas pendirian kerajaan terhadap Gabungan Pilihanraya Bersih dan Adil (BERSIH).

NONEHakim Mahkamah BahagianRayuan dan Kuasa-Kuasa Khas, Datuk
Rohana Yusof kelihatan keliru dengan perintah Menteri Dalam Negeri mengisytiharkan BERSIH sebagai pertubuhan haram pada 1 Julai 2011, tetapi membenarkan perhimpunan duduk bantah BERSIH 3.0 pada twenty-eight Apr tahun ini.

Rohana bertanya mengapa kerajaan "melayan" permintaan BERSIH untuk menganjurkan perhimpunan tersebut.

Jawapan yang diberikan oleh Peguam Persekutuan Azizan Md Arshad adalah kerajaan membenarkan BERSIH 3.0 kerana Akta Perhimpunan Aman telah dikuatkuasakan.

Katanya, pengharaman BERSIH tidak ditarik balik dan skop arahan yang dikeluarkan tahun lalu itu termasuk BERSIH 2.0, BERSIH 3.0 dan semua aktivitinya.

Hakim Rohana yang kelihatan tidak puashati dengan jawapan tersebut, bertanya jika menteri dalam negeri mengharamkan BERSIH dan semua aktivitinya, bagaimana pula menteri mengiktiraf perhimpunan BERSIH 3.0 di bawah undang-undang lain.


Beliau seterusnya memetik Parti Komunis Malaya (PKM) sebagai contoh dan bertanya sama ada pertubuhan yang diharamkan itu boleh memohon untuk mengadakan perhimpunan di bawah akta yang sama.

"Bolehkah (setiausaha agung PKM) Chin Peng memohon untuk mengadakan perhimpunan atas kapasiti peribadinya?" soal Tommy Thomas, peguam utama yang mewakili Pengerusi Bersama BERSIH, Datuk S Ambiga dan 14 yang lain.


perak state govt predicament 030309 tommy thomasTommy (kiri), dalam hu! jahnya m endakwa BERSIH adalah sebuah pertubuhan yang tidak diperb! adankan yang mana diiktiraf oleh Common Law, dan tidak terletak di bawah bidang kuasa Akta Pertubuhan.

"Oleh itu, apabila menteri yang digunakan Seksyen 5 Akta Pertubuhan Akta untuk mengisytiharkan BERSIH 2.0 sebagai pertubuhan haram, ini adalah ultra vires," katanya.

Tommy juga berkata BERSIH telah dinafikan hak untuk didengar sebelum perintah itu dikeluarkan, dan ini bertentangan dengan keadilan asasi.

Azizan menyangkal bahawa Akta Pertubuhan tidak menyatakan hak untuk didengar apabila menteri membuat keputusan.

Beliau juga berkata orang yang tepat untuk membuat keputusan mengenai isu-isu berkaitan keselamatan negara dan ketenteraman awam adalah Menteri Dalam Negeri, dan mahkamah tidak boleh mempersoalkan keputusan itu.-malaysiakini




cheers.
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Selama ini rakyat Malaysia dibohong SUARAM tentang prosedur mahkamah Perancis

Petikan dari tulisan terbaru RPK di sini jelas menunjukkan SUARAM berbohong dalam hal summons dan perbicaraan:Actually, this is not an open justice conference but merely an duplicate by Suaram who filed a criminal complaint, together with an duplicate to stick on a proceedings as a civil celebration -- Civil Party Petition -- prior to a decider in chambers. The decider will initial have to look through the

BN strikes back on Twitterjaya



After a 2008 general election, a prevailing idea among many has been which a Malaysian cyberspace is an antithesis stronghold.

However, a study byMalaysiakinichallenges a perception which a antithesis is a some-more dominant force online, during least upon Twitter.

An research of Malaysian politicians upon this ubiquitous amicable media height shows which BN leaders have turned a tables upon their Pakatan Rakyat counterparts, during least in conditions of attracting followers.

Using amicable media research site Politweet'slist of politiciansas a starting point,Malaysiakinidrew up a list of thirty Malaysian politicians, split evenly in between Pakatan as good as BN.

Within Pakatan, a tip 5 politicians of any member celebration - PKR, DAP as good as PAS - were taken to make up a 15.

The same was done with BN's 3 main member parties: Umno, MCA as good as MIC. Leaders who were not from possibly Pakatan or BN member parties were excluded.

The statistics were gathered upon July 14, 2012 as good as do not take in to account users who follow mixed leaders upon Twitter.

azlanThe formula show which rsther than than Pakatan carrying a stronger pull upon Twitter, it is BN which draws some-more followers, with over a million to Pakatan's 641,000 - a lead of over 300,000.

However! , a clos er look during a numbers suggests which it is not a clear-cut box of all BN leaders being some-more renouned than Pakatan leaders upon Twitter.

With Umno's 5 leaders accounting for some-more than 94 percent of BN's followers, it seems which a Malay-based celebration is a one with an edge over Pakatan, rsther than than a federal ruling ! coalitio n as a whole.

In fact, Umno leaders take up 5 of a tip 10 spots in conditions of series of Twitter followers, with a rest dull out by antithesis leaders - no MCA or MIC personality done a list.

And even inside of Umno, it seems to be Prime Minister Najib Abdul Razak who is pulling in a numbers, as his supporter equate is about two-thirds of Umno's.

With about 659,000 followers, he outstrips all of Pakatan's fifteen leaders combined, with arch-rival Anwar Ibrahim usually attracting 165,000 people.

'Resources sunk in to online footprint'


Ibrahim Suffian, conduct of independent pollster Merdeka Centre, cautioned which a formula may not interpret to actual await for a federal government.

Instead, it indicates a volume of resources Najib as good as Umno have sunk in to expanding their online footprint.

He remarkable which Najib was an "early adopter" of Twitter as good as Facebook, as good as has a equates to to devote a lot of attention to his supporters online.

azlan"It in all indicates which people determine with his policies, though which does not indispensably meant these people will opinion for a government. Considerations during a list box involve some-more than only voting for a leader," he said.

He added which Najib's recognition has probably had a 'spillover' effect, with a little of his supporters additionally subscribing to alternative BN leaders.

This fits in with aMarch pollthat suggested Najib's high personal ratings do not indispensably meant await for his administration.

His capitulation rating afterwards was 69 percent - which has given dipped to65 percent- though usually 48 percent of respondents reported being satisfied ! with a g overnment.
Ibrahim additionally forked out which a antithesis clearly has fewer resources to devote to their Twitter or Facebook accounts - as a result a lower supporter count.

He suggested which an element of fright could be pushing potential supporters away from antithesis politicians.

"There is a spin of fright for a little when it comes to overtly showing affiliation with antithesis leaders," he said, adding which this category of supporters may fright a little sort of retribution.

'MCA, MIC not you do enough'


Despite this, all 3 Pakatan parties still transport much better upon Twitter compared to a alternative dual comparison member BN parties.

In stark contrast to Umno's clever Twitter presence, MCA as good as MIC supporters contain fewer than 60,000 people total - less than six percent of BN's million-strong following.

NONEThe 3 antithesis parties not usually distant outstrip MCA as good as MIC, though have a some-more even widespread of supporters - PKR leads with 338,000 followers, followed by DAP's 189,000 as good as PAS' 115,000.

Commenting upon this, Ibrahim (left) suggested it is some-more a reflection of MCA's as good as MIC's lack of engagement online, rsther than than popularity.

Umno has taken greater heedfulness to reach out online than a dual alternative BN member parties, he said.

"It shows who's paying attentio! n to soc ial media," he said, though suggested a dual parties would do good to spin some-more of their attention online, as alternative parties have.

"Social media is apropos increasingly some-more important, as good as some-more relevant, especially when a youths who make use of it are a growing percentage of a electorate. MCA as good as MIC should be some-more imaginative."

BN Youth arch as good as BN Youth Volunteers cond! uct Khai ry Jamaluddin asserted which BN leaders led a online container because a coalition had learnt quickly from a bruising 2008 performance.

Asked whether they have managed to win over a youth who primarily stock cyberspace, Khairy dismissed a perception which they are pro-opposition as "simplistic'.

"Look during renouned amicable media sites. BN leaders are right away ahead of Pakatan leaders in conditions of series of followers.

"They are an issues-based demographic, we do not consider they only lean one way," he said, adding which they do not opinion regularly during elections.
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Chinese education: MCA's last straw - or life saver?



The emanate of Chinese preparation has regularly been a hot-button emanate to any ubiquitous choosing as well as MCA, a celebration which claims to "live as well as die upon Chinese schools", will either be a biggest crook or winner - depending upon how a emanate is dealt with.

The ultimate spin of controversy was sparked by Dong Zong, a umbrella physique of all Chinese propagandize boards of directors, when it claimed which there wasa understanding struckbetween MCA as well as a supervision not to recognise a Unified Examination Certificate (UEC).

The charge came after a Chinese village failed to have any encroachment in a 20-year duplicate to erect a brand brand new independent Chinese tall propagandize in Kuantan despitea 5,000-strong rallyin await of a propagandize being held in a coastal city upon May 20.

dong zong chinese propagandize 325 criticism 250312UEC is a standard examination taken by all students in independent Chinese tall schools. It is conducted by Dong Zong as well as recognised by vital universities worldwide - except a Malaysian government.

Furnishing a minute sealed by a comparison Education Ministry officer, Dong Zong claimed a understanding was reached when Section 21(2) of a Education Act 1961 was abolished in 1995. The territory empowered a preparation apportion to convert Chinese as well as Tamil first schools to inhabitant schools.

In a wake of a revelation, MCA leaders scrambled to do repairs control. MCA Youth arch as well as Deputy Education Minist! er Wee K a Siong argued which a minute did not represent a ministry's stance. Prime Minister Najib Abdul Razak, who was a preparatio! n apport ion in 1995, backed Wee as well as claime which no such understanding ever existed.

But to MCA's chagrin, Deputy Prime Minister as well as Education Minister Muhyiddin Yassin did not toe a BN line.
Hemaintainedthat a supervision would not review a standing quo upon Chinese independent schools - including capitulation for brand brand new schools - strengthening a notice which MCA was debasing to a Umno 'taiko' (big brother) in process making.

Muhyiddin's U-turn


Two days after, MCA breathed a sigh of service when Muhyiddinmade a U-turn, announcing which a supervision has found a way to erect a brand brand new independent Chinese tall propagandize in Kuantan.

The Chinese celebration then proceeded to have a jubilant announcement upon Jun 20, promising which capitulation for a brand brand new propagandize would be granted inside of dual weeks, as well as thereby defusing a potential domestic time bomb.

At a same time, MCAclaimed creditfor another vital brand brand new thing in a 193-year Chinese preparation onslaught in Malaysia - a supervision capitulation for Southern College, a initial institution of aloft preparation established by a Chinese Malaysian community, to be upgraded to university college status.

NONELocated in Skudai, Johor, Southern College is a initial as well as usually non-profit Chinese village college to obtain a status, as well as is seen as 'a mental condition come true' for a village which has been struggling to settle an all-round Chinese preparation complement - from first to tertiary preparation - complementing th! e existi ng 1,280 Chinese first schools as well as! 60 inde pendent Chinese tall schools.

Some see a capitulation as a calculated move to allay a brewing anti-establishment sentiment in between a Chinese village in a southern state which has traditionally been with a BN, which was becoming transparent from a large await given to a opposition's domestic ceramah as well as fund-raising dinners.

Johor is MCA's final fortress. The celebration holds seven of a fifteen parliamentary seats as well as twelve of a 35 state seats in Johor - losing them will spell a end of a 63-year-old party.

However, are these dual 'achievements', widely as well as closely reported by a Chinese dailies over a past couple of weeks, sufficient for MCA to revitalise a ebbing await in between Chinese voters?

Chinese electorate has changed

"The use of extenuation approvals for brand brand new Chinese schools as well as preparation allocations before to ubiquitous elections was quite effective in a 70s as well as 80s, though a effect has been decreasing over a years," pronounced Kuala Lumpur as well as Selangor Chinese Assembly Hall arch executive military officer Tang Ah Chai.

"The mindset of Chinese electorate has changed. They no longer feel thankful to a supervision for a allocations to Chinese schools as they hold a funds are from taxpayers' money as well as a supervision is usually performing a role as a 'manager as well as distributor' of a funds."

malaysiakini as well as merdekareview subscription devise lauching 200911 tan ah chaiTang (right), who is also a seasoned Chinese preparation activist, forked out which MCA's aims have regularly been domestic expediency, working upon a emanate of brand brand new Chinese schools upon a case-by-case basement instead of looking a permanent solution.

"The complaint still persists. Even if a brand brand new independent Chinese tall p! ropagand ize in Kuantan is approved, it cannot pave a way for some-more tall schools to be built.

"There is still no central process which allows Chinese first schools to be built based upon a community's need. Indeed, a supervision process upon Chinese preparation has not changed most given 1960s," Tang pronounced when contacted yesterday.

For many Chinese Malaysians, memories of how a Malaysian Chinese Organisations Election Appeals Committee or Suqiu - a transformation to vigour a supervision to adopt assorted domestic reforms before to a 1999 ubiquitous choosing - was manipulated by a then prime apportion Dr Mahathir Mohamad are still fresh.

Prior to a election, Mahathir, who was beleaguered by a Reformasi movement, pronounced a supervision accepted in element a 83 final raised by Suqiu, though he reversed his tune after BN won a choosing upon a behind of clever Chinese support.

Mahathir went upon to collate Suqiu to communists as well as a Al-Ma'unah movement, which allegedly sought to overpower a supervision through assault means.

Pakatan's vague stand

Meanwhile, MCA attempted to spin a tables upon Pakatan Rakyat.

While defending a party's tra! ck recor d, MCA challenged a antithesis coalition to clearly state a process upon Chinese preparation in a manifesto, Buku Jingga or a Orange Book.

"Is he (Pakatan leader Anwar Ibrahim) going to build some-more Chinese first schools as well as independent Chinese tall schools? Will he ascent a existing schools as well as have established allocations to all Chinese schools?

"He contingency have it transparent so which a Chinese village can have a comparison in between BN as well as a opposition," MCA boss Dr Chua Soi Lek was quoted as observant by MCA-ownedThe Staron Monday.

NONEChua has a indicate for Pakatan has not elaborate! d upon a preparation process despite creation steady assurances which Chinese schools would be given fair treatment.

It appears some-more ambiguous when compared with other promises made by Anwar, such as a abolition of a National Higher Education Corporation Fund (PTPTN), fuel cost cut, cash handouts as well as a abolition of main road tolls.

"MCA's demand is reasonable. Pakatan should state specific policies upon Chinese preparation in a manifesto. It should have a transparent stand," pronounced Tan.

The answer to Pakatan's domestic dilemma in mother-tongue preparation process may be found in history: a process upon denunciation was one of a main reasons for a fall of Socialist Front in 1965 when a component parties Party Rakyat Malaysia as well as a Labour Party of Malaya could not determine upon a common denunciation policy.

In a! ddition, a approval of mother-tongue preparation as a simple tellurian right stillfaces resistancefrom Malay nationalist groups as well as intellectuals such as Chandra Muzaffar, who noticed a vernacular preparation complement as an obstacle to inhabitant unity.

As such, it is not be surprising which Pakatan, which is still fighting an uphill conflict to convince a some-more conservative Malay electorate of a mercantile policies, chooses to leave a argumentative emanate as it is.

By withdrawal a emanate vague, Pakatan hopes not to spirit a Malay electorate whilst cashing in upon non-Malays' goodwill in a upcoming ubiquitous election.
"The Chinese village is some-more tolerant towards Pakatan because it has not proven itself during a federal level, though BN has been there for over 50 years, so no some-more excuses," pronounced Tang.
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'False democrat' tag: A bitter pill to swallow

is a de facto fake democrat, whose position will not change until a electoral ...

For a more cultured bilateral ties



Positive reply from Jakarta
Anifah Aman, the Foreign Minister, has summoned envoys from Singapore as well as Indonesia in the past week or so over smirches in shared ties. Jakarta's positive reply to KL's concerns is really welcomed. The ball is right away in the court, as a cultured nation, to respond, er, easily to which accessible gesture. There is need, in future, to be some-more meditative about how you go about you do things which you know will affect the neighbours. That goes to both Malaysia as well as Indonesia. And, oh, yes, Singapura ...

Wibawakah polis Perancis dan SUARAM jika Altantunya tak masuk Perancis?

Semalam Middle East Sentinel mendedahkan semua 153 dokumen yang kini berada pada Hakim Penyiasat Perancis mengenai pembelian Scorpene oleh Malaysia.Suaram kata dokumen itu rahsia dan tidak boleh didedahkan tapi bagaimana ianya boleh diperolehi oleh akhbar? Berikut kenyataan dari laman web SUARAM :Following a commencement of a inquiry, SUARAM has gained full absolved entrance to a 153

Finance and The Good Society

June 27, 2012

Ny Times: Finance as well as The Good Society

Finance as well as a Good Society

Reviewed by Sebastian Mallaby (06-22-12)

Robert J. Shiller made his name in 2000 with "Irrational Exuberance," a book which drew upon behavioral economics to insist why monetary markets overshoot. Shiller concentrated upon a boom-bust cycle in technology stocks, though a later edition published whilst genuine estate was receiving off rightly expected a popping of which bubble, too.

With his latest volume, "Finance as well as a Good Society," Shiller is coming during us from a conflicting direction. Quoting Walt Whitman, who found "the eternal meanings" in robust commerce, he celebrates finance's "genuine beauty" as well as exhorts idealistic immature students to aspire to careers in derivatives, word as well as related fields.

Shiller's categorical line of evidence is an extension of Kenneth Arrow's classical 1964 article, "The Role of Securities in a Optimal Allocation of Risk Bearing," which emphasized a significance of markets for protecting opposite risk. If firms as well as individuals cannot insure themselves opposite bad outcomes, they will be indispensably cautious; a manage to buy will grow some-more solemnly than it should. A association will not deposit in a brand brand brand brand new bureau if it ca! nnot sid estep opposite swings in sell rates which competence describe a investment unprofitable. An individual will not consume to a full border of his genius if he cannot insure his residence or health. By connecting a ranks of word seekers with specialists who pool risk as well as so reduce it, monetary liberates animal intoxicating beverage as well as boosts prosperity.

Shiller's book is a lament which scarcely 50 years after Arrow's article, many forms of risk sojourn difficult to buy as well as sell. This is many obviously loyal in poor countries. The tragedy of a Haitian trembler of 2010 was which so few buildings were insured there. This meant not usually which homeowners faced monetary ruin; it meant which far some-more people died, since a absence of word deprived Haiti of an attention with an incentive to military compliance with office building codes. As a result, during least 50,000 Haitians perished, since an trembler of comparable force in Northridge, Calif., in 1994 resulted in just 33 deaths. However loudly critics scream which a monetary sector is bloated, a universe needs some-more insurers.

Rich countries competence not miss customary insurance, Shiller (left) says, though alternative markets for risk sojourn underdeveloped. For example, typical families have no easy approach to protect themselves from a risk acted by sharp moves in residence prices. If available markets in house-price futures existed, a immature integrate awaiting to need a bigger home with a attainment of children could sidestep a risk which residence prices in their area competence climb into a stratosphere. An comparison integrate awaiting to downsize as kids head off to college could sidestep a risk which their nest egg competence lose value. If a first family could buy a house-price destiny fro! m a seco nd, both would have their risk reduced. Such is a sorcery of monetary markets.

Newfangled mortgages have warranted a bad name, though Shiller would like to have them even some-more complex. The customary home loan obliges a borrower to pay behind a bound amount, as well as obstinately ignores a law which if a manage to buy or genuine estate marketplace tanks, a borrower won't do so. Far better, Shiller says, to equip mortgages with "preplanned workouts," so which a volume to be paid behind automatically declines if a manage to buy collapses. Preplanned workouts would avoid a absurdity of a family shopping a $ 300,000 home, defaulting upon a $ 275,000 mortgage when a home's worth falls to $ 250,000 as well as eventually shopping an equivalent home during a brand brand brand brand new cost as well as with a not as vast mortgage.

Vast amounts of contract costs, uncertainty as well as pang could have been prevented if a mortgage had been marked down pre-emptively as well as a family had stayed in a strange home. Indeed, Shiller goes so far as to indicate which stretchable mortgages competence have averted a 2007-9 crisis.

The same sort of creation competence additionally work for supervision finance. Rather than raising capital by arising fixed-value holds as well as then defaulting if times get tough, governments could issue shares in their economies. Each share competence represent, say, one-trillionth of a country's G.D.P.; these "trills" would pay dividends whose worth would depend upon a opening of a economy. If a Greek supervision had raised money in this form, a monetary obligations would have fallen with a onset of a troubles which competence have headed off a full-blown crisis. Just as with mortgages, smart contracts could improve risk pity in between providers as well as users of capital.

Shiller applies similar meditative to alternative process challenges. Like mortgages as well as emperor debt, supervision pension promises have been specified as bound entitleme! nts. But a needs of a elderly must be offset opposite a capability of younger generations to feet a bill; so Shiller suggests which pensions could be indexed to a small indicator of taxpayer capability to pay, G.D.P. being a single viewable metric. What is more, a universe faces a rising plea of inequality. Why not agree, in advance, what level of lack of harmony a multitude is prepared to tolerate, as well as then devise variable tax rates which will broach which target?

The vast point is which despite a renouned denial during Wall Street, multitude needs some-more monetary innovation, not less. But what is holding creation back? Here Shiller offers dual answers. New monetary instruments have been attractive usually if they can be bought as well as sold easily; they have to be during vast adopted before people will want to adopt them widely. Shiller would like to solve this chicken-and-egg problem with government-supported tax incentives for marketplace makers who kick-start trade in brand brand brand brand new instruments. One gulps during a awaiting of yet an additional subsidy for too-big-to-fail banks. But Shiller's proposal is logical.

The second reason for a shortfall in monetary investigation is which multitude has grown suspicious of it. New smartphone apps have been distinguished in a renouned culture; brand brand brand brand new derivatives for hedging risk have been reviled as tricks to heighten hucksters.

Shiller devotes a vast part of his book to a avowal which this prejudice opposite monetary is wrong. Psychologists have established which a key to happiness lies not in riches though in amicable esteem; therefore, Shiller says, financiers face absolute emotional incentives to change distinction looking with a amicable conscience. "The being meaningless or senseless of conquest in commercial operation mirrors a being meaningless or senseless of conquest in war," he writes. Just as it is unfit to remove many resources from cowed countries, so it is unfit to remove many happine! ss from resources warranted unscrupulously.

Some readers competence think which Shiller, a Yale professor, underestimates a materialism of Manhattan as well as Greenwich. Others competence be frustrated by his meandering style. Reading his book is like wandering through an interesting garden.

We sense which Israel as well as Brazil have some-more lawyers per chairman than a United States. We have been urged to believe which Washington lobbyists "are probably some-more public-spirited than most" people. We review chapters upon a story of commercial operation schools as well as a theory of public products which do small to allege a categorical argument. But a best passages in this book have a impressive case for a fresh view of an attention which is as well glibly demonized. The many promising approach to promote a great society, Shiller says, is not to curb monetary though to release it.

Sebastian Mallaby is a Paul A. Volcker senior associate for international economics during a Council upon Foreign Relations as well as a writer of "More Money Than God: Hedge Funds as well as a Making of a New Elite."

A chronicle of this review appeared in print upon June 24, 2012, upon page BR18 of a Sunday Book Review with a headline: Boiler Rooms.

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Reflexology centre manager shot at intersection

KLANG, June 26 A reflexology centre physical education instructor was shot in a right shoulder by a single of two men on a motorcycle during a traffic light intersection in Taman Bayu Perdana here today.

Teo Kian Soon, 40, had progressing stopped his automobile during a intersection during about 5pm when a pillion rider dismissed a shot during tighten range.

The twin then escaped.

Teo was warded during a Tengku Ampuan Rahimah Hospital where his condition was reported to be stable.

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