• Malaysia 2009 Foreign Direct Investment (FDI) plunges under Barisan Nasional

FDI seek opportunities in countries with stable socio-economy. Countries governed by honest, transparent capable leaders with integrity and management skills. Countries devoid of racial discrimination, redtapes, corruption, unfair judiciary among others. Countries that produce capable, learned, brightest, skilled work force and most importantly, retains them.

Malaysia have none of the above!

So is it any surprise our FDIs are in a free fall? Foreigners have lost every bit of confidence and trust in Malaysia. Even Malaysians are investing their money elsewhere.

A drop of 80% in a year is severe by any measure. Tomorrow’s newspaper can’t afford not to carry this piece of shit. I wonder how the mainstream newspapers are going to spin it. Will the finance minister simply downplay the report’s significance? They ain’t gonna spin their way out of this one I bet. Another bullet for opposition to shoot UMNO with.

This is what we get for retaining UMNO as government of Malaysia. The tight slap of GE12 should have made BN buck up and start performing better. But what have we seen in the past two years? More dirty politics. Emergence of ultra racist PERKASA bent on remaking May 13 1969. More wastages and direct tenders to cronies in mega-million mega-billion projects. Bribing opposition MPs to switch sides with millions of tax-payers money. A sequel to Anwar’s sodomy trial. Teoh Beng Hock’s murder. More freedom of speech suppression using ISA. The list continues but my dinner’s ready.

The only way to stop the economy rot is vote UMNO out of power. And PR in by GE 13. It may plunge in country into political and racial chaos but its a risk we have to take.