INSIGHTS .....

On the surface, 1MDB looks like one of another scandal in Malaysia.  If we care to look deeper, it is corruption at its core of the FEDERAL GOVERNMENT.  It definitely goes way beyond the 1MDB board, period.  Don't tell me the supremetn council of the Government only found out yesterday.  Sadly to say, the federal government does not show a good model citizen should be.

Monetary Authority of Singapore said, the properties (condos) in the pipeline for Iskandar, 336,000 units, exceeded the total number of private houses in Singapore.  What the MAS trying to say is property prices in Singapore may be pressured.

CORRUPTION....

PM said, let us see the AG's report first before giving a dead sentence to the innocent (i.e. Federal Government).  What he is trying to imply is, let me finish robbing the people first, then, we look at the report whether he is guilty.  Let me clean up all the evidence first, wait for the AG report, then you can make a fair judgement.  

Ex PM blame current PM.  Current PM said ex PM also do like that ma.  Different style saja, dulu ada Perwaja, PKFZ, Perkapalan.., crooked bridge, the current PM also want to have his own legend.  PM's mentor is a crab, you cannot expect the PM not walk like a crab, can you?  

Don't sack the 1MDB board, sack the whole cabinet instead.  What is the point of catching the ikan bilis, cut of the real heads.

NO CORRUPTION IN PROPERTIES?

Sama saja la.  Cannot all blame on the Federal Government saja, what about developers, what about bankers, what about speculators.  When things go wrong, cannot just point figure at one body, it is like blaming the casino for your own lost.  Actually, 1MDB and GLUTs in properties, also due to "greedy" banks, developers, state governments, speculators.  

Beyond the Federal Government, many agencies in the government also "corrupted", period.  Properties is another one area for corruption.  

BLESS AND CURSE

Malaysia, as a country is INNOCENT, is blessed with resources.  The people of Malaysia (90%) are at the same time being curse with such a Federal Government for past 34 years.  Here, we are not comparing with the neighbours.

BURSA IN 20 YEARS

Comparatively, I believe we will dwindle behind over a long run, just like how we look at past 30 years, compared with South Korea, Taiwan, HK, Singapore.......  I am not saying these countries do not have corruption........  I am saying, comparatively, we just got the GOLD MEDAL for that.