Can Bumis Achieve 30%?
Ssshhhh....we're actually not all that clever
Dr Lim Teck Ghee, director of Centre for Public Policy Studies (CPPS), has resigned as a director of Asian Strategy and Leadership Institute (Asli). This organisation, as you all may well know, was the one which recently released a report which showed that the Bumi ownership of equity in our country has reached around 45%.
This far exceeds the 30% target which is the basis of our NEP, which was set more than 30 years ago.
There has been a debate going on about this over the past few days, and to be honest, its pretty hilarious. One on hand, we have the non-Bumis who believe that after incurring the cost of tens of billions of ringgit, the Bumis have successfully managed to meet and exceed the 30% target of equity ownership.
The Bumis on the other hand deny this vehemently and claim that in spite of all the tens of billions of ringgit which have been poured into this initiative, they only control around 18% of our economy. A figure which has hardly moved over the past 10 years.
So funny hor.
I can just imagine this scene in parliament....
Non-bumi MP: We should revise the NEP because the Bumis are very hardworking and clever and have achieved equity ownership of 45%.
Bumi MPs: No, we are not hardworking and clever at all, and we still need the NEP to ensure that we can progress.
Non-bumi MP: Where got!! You all are very very clever already!!
Bumi MPs: NO!! We are not clever at all! Just ask anyone! We still need government help!
Non-bumi MP: Clever!!
Bumi MP: Not clever!!
Non-bumi MP: CLEVER!!!!
Bumi MP: NOT CLEVER!!!
Non-Bumi MP: Clebber clebber dirty fellow!!
Bumi MP: Kanineh %$@#!!!
Smells like fish spirit
That's basically it isn't it? One group claims that the other is in fact, pretty competent and is able to meet the target which are set by their forefathers. The other group on the other hand, insists that they are still backwards and are doomed to a life of grief-stricken subsistence.
Which group is right? Well, who knows.
All I know is that the sudden reversal in ASLI's opinion seems mighty suspicious. One minute ASLI is defending the validty of their research and the methodologies used to come up with the figure of 45%, the next their president Mirzan Mahathir is back-tracking and saying that there were significant shortcomings in their calculations.
One can't help but wonder whether were there any strings pulled, or carrots waved to get ASLI to refute their very own research results.
Also, Dr Lim Teck Ghee was quoted in a press statement saying:
"Since I cannot agree with Mirzan's statement and because of the need to defend the position and integrity of independent and non-partisan scholarship, I regret to inform that I will be stepping down from my position as director at the end of the month"
I find the inclusion of 'the need to defend the position and integrity of independant and non-partisan scholarship' to be particularly interesting. I am sure we all know what Dr Lim is trying to imply with that statement.
I guess the million dollar question stil remains (or in this case, tens of billion ringgit question), "how many percent of our economy do the Bumis really own?"
Dr Lim Teck Ghee, director of Centre for Public Policy Studies (CPPS), has resigned as a director of Asian Strategy and Leadership Institute (Asli). This organisation, as you all may well know, was the one which recently released a report which showed that the Bumi ownership of equity in our country has reached around 45%.
This far exceeds the 30% target which is the basis of our NEP, which was set more than 30 years ago.
There has been a debate going on about this over the past few days, and to be honest, its pretty hilarious. One on hand, we have the non-Bumis who believe that after incurring the cost of tens of billions of ringgit, the Bumis have successfully managed to meet and exceed the 30% target of equity ownership.
The Bumis on the other hand deny this vehemently and claim that in spite of all the tens of billions of ringgit which have been poured into this initiative, they only control around 18% of our economy. A figure which has hardly moved over the past 10 years.
So funny hor.
I can just imagine this scene in parliament....
Non-bumi MP: We should revise the NEP because the Bumis are very hardworking and clever and have achieved equity ownership of 45%.
Bumi MPs: No, we are not hardworking and clever at all, and we still need the NEP to ensure that we can progress.
Non-bumi MP: Where got!! You all are very very clever already!!
Bumi MPs: NO!! We are not clever at all! Just ask anyone! We still need government help!
Non-bumi MP: Clever!!
Bumi MP: Not clever!!
Non-bumi MP: CLEVER!!!!
Bumi MP: NOT CLEVER!!!
Non-Bumi MP: Clebber clebber dirty fellow!!
Bumi MP: Kanineh %$@#!!!
Smells like fish spirit
That's basically it isn't it? One group claims that the other is in fact, pretty competent and is able to meet the target which are set by their forefathers. The other group on the other hand, insists that they are still backwards and are doomed to a life of grief-stricken subsistence.
Which group is right? Well, who knows.
All I know is that the sudden reversal in ASLI's opinion seems mighty suspicious. One minute ASLI is defending the validty of their research and the methodologies used to come up with the figure of 45%, the next their president Mirzan Mahathir is back-tracking and saying that there were significant shortcomings in their calculations.
One can't help but wonder whether were there any strings pulled, or carrots waved to get ASLI to refute their very own research results.
Also, Dr Lim Teck Ghee was quoted in a press statement saying:
"Since I cannot agree with Mirzan's statement and because of the need to defend the position and integrity of independent and non-partisan scholarship, I regret to inform that I will be stepping down from my position as director at the end of the month"
I find the inclusion of 'the need to defend the position and integrity of independant and non-partisan scholarship' to be particularly interesting. I am sure we all know what Dr Lim is trying to imply with that statement.
I guess the million dollar question stil remains (or in this case, tens of billion ringgit question), "how many percent of our economy do the Bumis really own?"
Labels: Nation/Politics
posted by Bernard Yong at 3:56 PM
3 Comments:
I think from this ASLI episode, ALL non-bumis can waive goodbye to their thoughts of the NEP being achieved. It will NEVER be achieved. I think the non-bumis should not kid themselves into thinking that there will be sufficient bumis in the ruling government who have the political will and guts to say "Ladies and Gentlemen, we have achieved the NEP target".
The longer the NEP is maintained, the longer the inner circle of you-know-which-party can keep their hands in the country's cookie jar without having to work for the cookies. Since NEP hardly benefits the majority, the majority of the race whom they represent,will remain poor.
Given that they remain poor, this majority here can continue to be fooled into believing that they are cacat and that they need the wheelchairs and crutches to survive. Without these subsidies, there is no chance of survival. So if they want the crutches, they will have to vote for the you-know-which-party during elections. With the majority voting rule, you-know-which-party comes back into power with promises of
perpetuating NEP. The vicious cycle of disability...
What gives even more delight is the fact that as long as the majority stays poor, there will be scapegoats to blame for their misfortunes...the scapegoats just happen to be people of different colour. With the poor majority maintaining suspicious over the richer minority, and with politicians like the PM's son in law causing panic, the influence and power of the minority will be kept under cover. This is the vicious cycle of marginalisation...
with moron as (their) leaders, what more do u expect. i guess we'll just need to wait for the bigger moron to teach the smaller ones how to be a bigger one so they also can teach the even smaller ones (oh n take advantage of them at the same time... and that will create more morons n .... whatever.
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