Victim of a Cereal Killer

While Malaysia fiddles…
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*Click* to read the full article.
*Click* for his follow-up article specially addressed to Malaysians.
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While Malaysia fiddles, its opportunities are running dry
By Michael Backman
The Age
November 15, 2006

MALAYSIA’S been at it again, arguing about what proportion of the economy each of its two main races — the Malays and the Chinese — owns. It’s an argument that’s been running for 40 years. That wealth and race are not synonymous is important for national cohesion, but really it’s time Malaysia grew up.

It’s a tough world out there and there can be little sympathy for a country that prefers to argue about how to divide wealth rather than get on with the job of creating it.

The long-held aim is for 30 per cent of corporate equity to be in Malay hands, but the figure that the Government uses to justify handing over huge swathes of public companies to Malays but not to other races is absurd. It bases its figure on equity valued, not at market value, but at par value.

Read full article here [ www.michaelbackman.com/LatestAgeColumn2.html ]. (Go read it. It you can’t understand, email me, maybe I can do a Malay translation)
And this is his follow up article addressed specially to Malaysians. http://www.michaelbackman.com/Malaysia.html
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Death Note to UMNO

Hey anime/manga fans out there? I’m sure you would have heard about this Japanese manga comic — Death Note. If you still have zilch idea about it, you can flip the newspaper: look for the cinema listings. There’s a new movie based on this manga. Same title, same story.
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For the uninitiated, the story is about the god/angel of death purposely dropped his book on earth. Some smart alec found it. Whose ever name he wrote on the book will die, by heart failure if the way to die is not written.
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Check out other entries at iamyuanwu.wordpress.com
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