Sunday 23 October 2011

Bloomberg's crap and SatD

The other day, my other half  urged me to read a Bloomberg editorial which praises Guan Eng and his handling of Penang's economy.
My other half works in one of those corporate organisations and seems to knows more than me about all those economic stuff. Me, I look at all those numbers and normally ended up with a headache. I tend to believe my other half when it comes to these sort of stuff.
Wah, that Bloomberg report makes Guan Eng, "the country’s only ethnic-Chinese state leader", seems like an economic genius. The best in the whole wide world lar.

Then came this guy SatD. I dont know who is this guy but I have been reading his blog for quite a while. He is quite good with all those economic stuff. There and then he gave Guan Eng and his suspected lackey in Bloomberg a tight slap.

You all can read SatD's posting on the Bloomberg's crap here (I am still a bit ga ga over it) -

The Proofiness of Lim Guan Beng

Hopefully my other half also read it.....


  1. ha ha ha,

    i posted about bloomberg licking LGE balls a few days back.

    everything is about balls.. and balls.. and balls!

  2. Charles F Moreira24 October 2011 at 09:12

    I repost my comment on SatD's blog

    Half-truths are worse than outright lies. Yes, Lim Guan Eng CURRENTLY is the only ethnic Chinese state leader but what about Koh Tsu Koon and Lim Cheong Eu, the last being the one who instituted Penang's industrial policy since the late 1960s or early 1970s.

    In fact, Penang is the only state in Malaysia which has only had ethnic Chinese state leaders continuously since independence - i.e Wong Pow Nee, Lim Cheong Eu, Koh Tsu Koon and now Lim Guan Eng, and the first three were Alliance/BN, though Cheong Eu was in the opposition for a while until Gerakan joined the BN.

    See Wikipedia:-

    Beyond claims of more efficient management of state funds, claims of more transparent awards of contracts, claims of happier Bumiputra contractors and token initiativess such as no plastic bag days, I'd like to know how happy Penang state's citizens are with employment opportunities, availability of affordable housing, prices and the cost of living, the standard of living, availability of efficient and affordable public transit, more efficient, convenient and effetctive state government services, better environmental protection, preservation of hill slopes and green areas, the availability of open spaces and recreation areas, traffic conditions, conditions of roads, problems of overcrowding, problems of drainage, quality and reliability of water supply and of other utilities and services, and so on.

    IMHO, It's this last series of points which are most meaningful to ordinary citizens and are a true measure of a government's performance, rather than macro figues of FDI and GDP.

  3. Hi, Charles

    How to do all of the above without SUBSIDIES?

    The big "S" word that no one has the balls to question!