Two nights ago, they smashed the edges of the Democracy Tree plaque. Kinta Kid now informs me that the plaque has been vandalised again.
This time they poured road tar or black paint on the inscription on the plaque, so that it can’t be read.
Friday the 13th vandalism at Democracy Tree site
Shattered plaque, broken democracy – Photos by Kinta Kid
Sanizar with his family: “Tak baik lah macam ini.”
The Pakatan team pledging to uphold democracy
The plaque at the Democracy Tree has been vandalised.
Why are we not surprised? In fact, many of you had predicted that some form of vandalism would occur at this site. And so it came to pass…
In a way, the shattering of the three sides of the plaque is a sad metaphor for the state of our broken democracy.
Thank God that the tree itself is safe – for now.
Kinta Kid reports from Ipoh:
It was bound to happen.
And it had to happen on Friday the 13th… It probably happened around 1.00am as a resident living by the side of the tree heard dogs barking at that time.
Kula mentioned that “we expected this to happen but not this fast”.
Charles Santiago on the Selangor water crisis
Charles Santiago, the MP for Klang, provides a run-down of the water crisis in Selangor and explains how certain water corporations are making quick and easy money.
Presenting the Adil Johan Quartet
An Adil Johan Quartet semi-original, “Listen'” featuring Dasha Logan. Live at No Black Tie, December 2008. Adil is the son of Johan Saravanamuttu (‘the singing professor’) and academic Maznah Mohamad. Darsha, on the other hand, is the daughter of the late Logan Arumugam of Alleycats fame. Looks like a couple of stars in the making…
This is a song about re-arranging your life. Talks of shady deals and contracts (“It’s not the way we want it to be, but those in power don’t want to see”), the struggle for change and the quest for justice and transparency. Quite appropriate for a guy named Adil Johan (“Champion of Justice”). Steve Naris Nanda: Drums; Hiro Maekawa: Bass; Terrence Liew: Keys; Adil Johan: Sax + Vocals.
US economic crisis could last 36 months
“We could end up … with a 36-month recession, that could be “L-shaped stagnation, or near depression,” said Prof Nouriel Roubini.
Can the BN save itself?
The majestic Democracy Tree: Visitors from all ethnic groups gathered here yesterday morning – (Click to expand) Photos by Kinta Kid
More visitors turned up in the evening; notice the bouquet beneath the tree
The BN knows what it needs to do to survive: it has to push through major reforms to wipe our corruption and abuse of power to win back lost support. But is it really capable of such reforms? This was the cover story I wrote for a recent issue of Aliran Monthly:
As the Umno election and general assembly in March approaches, the party faces a huge dilemma.
It is phasing out a leader (Abdullah Badawi) it feels is not suitable to lead the party following a general election setback last year which saw it lose its coveted two thirds parliamentary majority, while five out of 13 states fell to opposition hands.
Umno is now about to endorse a new leader, Najib Razak, whose own leadership credentials are in tatters following crushing by-election defeats in Permatang Pauh last August and Kuala Terengganu in January.
MACC contacts Perak assembly member for Canning
Looks as if the MACC is having a busy time in Perak.
It’s now the turn of the Perak state assembly member for Canning, Wong Kah Woh of the DAP. The MACC phoned him yesterday afternoon to say it wants to record a statement from him. Kah Woh writes in his blog:
I just wonder if there is a need to do so, after having recorded statement with Speaker and the counsel (yes, the lawyer) Mr Augustine Anthony.
RM60b package: “The boys” will be licking their lips…
An enormous package that exceeds the expectations of most people – two weeks before the Umno general assembly.
RM60 billion of our money! And guess what? RM29 billion of this is slated for “assisting the private sector”. The “boys” will be licking their lips and rubbing their hands in anticipation. (I can just picture it – stimulated by the stimulus package!)
First off, the obvious question: where is this money coming from? “Domestic sources,” says Najib, cryptically. Apparently, there’s “ample liquidity” in the system.
And secondly, what mysteries lie hidden behind the RM60 billion? Let’s keep it simple. The RM60 billion package comprises:
- RM15 billion in fiscal injection (RM10 billion in 2009 and RM5 billion in 2010). Fiscal deficit expected to rise to 7.6 per cent in 2009;
- RM25 billion in guarantee funds (RM5 billion for SME Working Capital Fund, another RM5 billion for Industry Restructuring Fund and the rest?)
- RM10 billion in equity investment (For Khazanah?)
- RM7 billion for private finance initiative and off-budget projects (Where is this “private finance” coming from? Not out of the EPF, I hope.)
- RM3 billion in tax initiatives
US financial system “effectively insolvent”
Despite all the stimulus packages and bailouts, the US financial system is broke.
That’s the view of Nouriel Roubini, the economics professor who predicted the global economic collapse, long before most people.
He adds there is a “rising risk of a global L-shaped depression that would be even worse than the current, painful U-shaped global recession”.
That’s in sharp contrast to the view of other economists, the IMF, and the local business press, who are hoping for a small recovery in 2010. Some even are hoping for a rally in the second half of this year.
But Nouriel says any rally or recovery from China’s and the US’ stimulus packages this year is likely to be illusory, a sucker’s rally.
Today, Najib is going to announce a multi-billion mammoth second “stimulus package”. But will it be more money down the drain – apart from the usual jobs for the boys with public money?