The world is staring at a Global Financial Crisis.
Some in the North, like the United States of America have been hit so bad financially that they have been forced to eat their words -lick the saliva which they spat out uncontrollably 10 years ago – and engage in a USD 700 billion bail-out of all denominations.
They dumped the so called Global benchmarks in the financial structure, abandoned religiously preached and guarded International Financial rules & regulations and discarded the entire financial structure which they imposed on others.
Currency traders and free-market Gurus are leaving America in droves before they’re identified as one of the main culprits and sent to jail.
The International Monetary Fund and World Bank bosses might be heading to their hideout in the Himalayas soon.
All that matters for a Super Power like the great United States of America now is their very SURVIVAL.
They won’t be able keep the Disintegrating States of America ‘United’ if Americans can’t put food on their table, if Americans actually can’t feed their family.
(Remember New Orleans, and how the Black Americans there were left to suffer for weeks. They are part of the disintegrating part of the States of America)
The USA is not only dead worried about the financial recovery at the macro level but also the micro level where Food, Clothing and Shelter to the millions of American citizens who are / will be effected by the worsening financial crisis.
Although President Bush has a reputation of his own, maybe his Government is moving in the right direction and is focused on the Economic Recovery.
Bush and the so-called Civil Society in the US and elsewhere in Europe are certainly not preaching about REFORMS, at this point of time.
They are certainly not talking about Human Rights, Independence of the Judiciary, an ACA with wings or Freedom of Expression.
They are indeed united in trying to avert a Major Depression.
NOW, let’s get back home and see WHAT the Prime Minister of Malaysia is talking about!
Abdullah Ahmad Badawi says he has some URGENT unfinished work which he had slept on for a couple of years.
But what is more URGENT now? Some REFORMS which none of the cabinet members could spell-out?
I wonder if we could spread members of the Free Independent Judiciary on our dining table and say out aloud ‘Dinner is Ready’!
No doubt those Human Rights and all his/her friends are vital in a civilized society as ours but I need Food, Clothing, Shelter and a Job before that … I need an assurance that My Government is doing something to cushion the impacts of the meltdown which is flowing down from the North, Don’t You?
p/s I hope and pray that our Deputy Prime Minister and Finance Minister Datuk Seri Najib would drive some sense into Abdullah and set his priorities right.
Malaysians need not suffer due to his arrogance or stupidity … whichever way you look at it.
READ – The Financial Turmoil and Malaysia – HERE.