Exchanging portfolios – ‘guns’ for ‘gold

Malaysiakini’s latest news stated that DPM Najib has been made minister of Finance. in exchange, Pak lah is taking over the Ministry of defence.

On the surface, this seems to confirm what most analysts are thinking; that the transition plan in UMNo will be brought forward in an attempt to ward off external threat posed by Pakatan and internal threat by Muhydeen.

It is like trading “gold” in exchange of “guns” :), and this is not necessary a bad thing for Pak lah. Now that Ministry of defence is under Pak Lah, it will in a way strengthen his position if he plays his cards well. And if indeed Pakatan is not playing bluff and has enough MPs to form the government, a Ministry of defence under the gentlemanly Pak Lah would be able to ensure a smooth transfer of power.

I see it as a good thing that the 2 swap places, but hopefully the ‘golds’ would be well ‘guarded’ and ‘well spent’ to ensure a better growth for Malaysian economy.


28 Comments (+add yours?)

  1. Justin Choo
    Sep 17, 2008 @ 15:47:30

    The Yin-yang syndrome. Doctor you are invited

    (Dr Hsu: Justin, I despamed it)


  2. Justin Choo
    Sep 17, 2008 @ 15:49:17


    Link rejected again. You are invited to read my post today in my blog “Yin-yang Syndrome” .


  3. humbleforest
    Sep 17, 2008 @ 16:00:25

    Since we are living in a World of dualism or Yin and Yang, good or bad we have to face it.
    Differences in whatever fields are brought to a point of equilibrium.
    Unity in diverse fields can only bring peace and harmony.
    Whether tangible or intangible, the natural law of
    equilibrium has been existing before man appears on this planet.
    So whatever differences they must be settled fairly, amicably and happily.
    No one is above this natural Universal Principle of Justice.
    Whoever does not believe should know what this
    proverb means, ” What you sow, sow shall you reap “ “Good begets good and bad begets bad “


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  5. humbleforest
    Sep 17, 2008 @ 16:19:08

    Whatever reshuffling in the Ministry posts, it still plays little significant role. It is only one’ mental attitude of fairness and honesty in executing of one’s power is of utmost importance.
    If there is still greed, discrimination, selfishness,
    egoism that harbour in one’s heart, the result comes to the same, negativeness.
    This impureness can break the backbone of one’s country if they are unheeded. Peace can only prevail if there is no abusing and misusing of one’s power of responsibility. Sincere action brings trust and respect from the whole citizens.


  6. humbleforest
    Sep 17, 2008 @ 16:24:04

    We are living in a world of changes and transformations for many centuries even before the existence of man. The cause of these transformations is the interaction of Yin and Yang, what the secular term it as negativeness and positiveness.
    The only way to maintain in harmony in this natural transformations and changes is to follow its flow. If one were to go against its natural flow
    then the consequences of attaining disharmony
    results in a very critical disaster of total extermination.
    Deep within everyone’s emotions lies the co-existence of Yin and Yang, ups and downs, good and bad, etc.,etc, either in balance or in opposites. It will be critical if one polarity leans too extreme or too imbalance.
    The co-existence of Yin and Yang does not only apply in living beings but it also applies to all non-living things under the sun.
    For religious laws it is considered to have
    two categories. One, is man-made and the other, is the natural “unseen ” Universal Principle of Retribution.
    Whether it is the religious laws or the secular laws
    the natural Universal Law of Justice applies equally
    into any of them. No one can run away or manipulate this indiscriminate natural law.
    Whether one believes or not lies in one’s degree
    of knowledge of understanding, self-realisation and true faith.
    Moreover, moral or virtuous values is compulsory
    for both of these two laws… religious and secular laws.


  7. humbleforest
    Sep 17, 2008 @ 16:26:49

    Laws are made to guide one to a right moral path
    of equality, unselfishness, indiscriminate love and
    settle disputes without prejudices but peacefully, not for abusing and misusing.
    Good leaders must have the empathy with the poor and innocents, and are able to share and mix with them freely. They are able to win the respect of their multiple races. This is the way of Dao, the “unseen ” law , i.e. action without action,
    and is the Ultimate “Law” of the Universe.
    ” Universal Pure Justice “


  8. abdullah
    Sep 17, 2008 @ 16:28:54

    This may help Anwar as he may force Tengku Ku li to side with him with Anwar offering Ku Li 3 years of leadership while he (Anwar) takes over the DPM’s post and strengthens Pakatan. The Age newspaper reported today such scenario is possible. With Abdullah and Najib closing the door on Ku li, I’m sure it will provide an opportunity for both to consider many other options and this scenario was also speculated on by the Financial Times in May, this year. This will also help Anwar as Ku Li is part of the Royalty and the King is married to his (ku li’s) niece, which makes him a tick in getting the King’s permission to form a federal govt. With Anwar bringing like 20 MPs and Ku li 10 MPs, or Anwar bringing 25 and Ku li 5, then we don’t need to wait any longer and I can bet on this option. Mahathir can’t influence the situation because in AMNO, you have to have power for you to be an effective person and that’s why he has left when he couldn’t make it. So, watch this space!


  9. humbleforest
    Sep 17, 2008 @ 16:29:31

    Contrasts and compares lead us no where. Only to conflicts, quarrellings, fightings and wars. If one has an indiscriminate love and true concern for others, one sees no differences. He sees Unity in Diversity. The practice of non-prejudices, honesty and fairness settles everything in peace and harmony. The most stubborn disagreement of settlement on any issue, is our strong attachment
    in our pride and ego. This is our worst enemy.


  10. humbleforest
    Sep 17, 2008 @ 16:38:38

    In dealing with people, courtesy must be observed. Never fall back on ceremony for only with courtesy that harmony is seen.
    Learn to love all as brothers and sisters and no differences. One must learn not to use force against force. By using gentleness one may lead in the struggle against the force.
    Seek not revenge for this is the root of evil.

    A mind that is calm sees things with a better view.
    In this World of upheaval, everyone wishes to
    show their might. It is the abuse of power that
    causes conflicts, controversies, fightings and wars.
    The innocents and the blind followers are then
    deluded and dragged into this web of sufferings.


  11. LHHeng
    Sep 17, 2008 @ 16:53:23

    Hm… seems that our sleepy flipflop lame duck guy is not so….sleepy now. Probably DSAI have suddenly woke him up from his comfy slumber.
    Hope when he hand over to DSAI, he will control the army to prevent a smooth takeover.
    May be a smart move to pulling all the teeth from Mr. C4 before he made his moves.


  12. A true Malaysian
    Sep 17, 2008 @ 17:00:34

    Sapp pulls out of BN…….



  13. yh
    Sep 17, 2008 @ 17:18:09

    dr hsu

    you are an eternal optimist. putting him as the Minister of ‘money’ is akin to putting a rat into a rice pot ( or asking monkeys to look after bananas). his track record in his previous ministry will tell you a lot. submarine and fighter jet commission payments, no?


  14. A true Malaysian
    Sep 17, 2008 @ 17:33:44

    Another whim & fancy, overnight decision? I hope not.

    Collapse of Lehman Brothers, down south stock markets, high inflation and so on…..Smart move by Pak Lah to pass the bucket.

    Seriously, Najib will be too occupied with his new role if he is really serious with it. This somehow will shift his focus on Umno coming election.

    Perhaps Najib can rob in his brother, Nazir’s expertise?

    Finance Minister post should rightfully goes to Armisham instead. This is a position that requires ‘full time’ attention and should not go to politician.

    Anyway, will this for long? Sapp pulls out from BN. Who is / are next?


  15. A true Malaysian
    Sep 17, 2008 @ 17:36:29

    Excuse me, I was not intentionally use the word ‘rob’, should be ‘rope’.

    Still, up to you to use which word is the proper one.


  16. Gary Yeoh
    Sep 17, 2008 @ 18:41:27

    DPM will probably find that digging for gold in Finance Ministry may be tough. There are quite a few already digging insitu :-). Current economic climate may just give for him some options to grant a few Treasury “letter of support” to some UMNOputra warlords in the hope of achieving his dreams to become PM. But, he could be running out of time even in that.

    PM as Defense Minister may possibly avoid any possible C4 tendencies of the former and “dark hands” attempting to bring the Army into play to stop our desire for more transparency and less corrupt government

    I pray AAB still have a few ounce of conscience and is as god fearing as his outward appearance seem to be.

    May Dr Hsu’s assessment be right.


  17. The Whisperer
    Sep 17, 2008 @ 18:48:09

    Dr Hsu, I really hope you are right here. Something positive from you.


  18. LHHeng
    Sep 17, 2008 @ 20:28:23

    SAPP has the backbone to pull out of BN. As for MCA/MIC/Gerakan they are selfish and spineless lot. They only care for themselves. Just look at the “Free MP Teresa Parliamentary Caucus” campaign.
    None of these spineless guys attended and support their release from ISA.
    That goes to show the type of bums representing our rakyat.
    I hope the East Malaysian people realise that SAPP action is for their own good.
    I wish SAPP and their leaders the best for the future.


  19. chauncey gardener
    Sep 17, 2008 @ 22:54:09

    Agree with True Malaysian that Amirsham would have been the better choice for the Finance Ministry as he has been a career banker.

    But I sometimes wonder what Nor Mohd Yaakop is doing as he always seems to be the Minster of Finance II. Of course, he is also a career central banker, who was unceremoniously dumped after losing billions of Ringgit in forex trading operations years ago. But Nor Mohd does know Finance (maybe not trading !).

    AAB leading the Mindef will allow him access to the Armed Forces …. will he send them out in times of dire political weakness ? I sincerely hope not.


  20. romerz
    Sep 18, 2008 @ 00:43:38

    Dr Hsu,

    I’ve just written an article on the golden parachute theory I sms to you this afternoon.


    I think I may have edged closer to the borderline of attracting the attention of our polis with my insinuations.

    Let me know what you think please.


  21. nick
    Sep 18, 2008 @ 10:59:37

    Have a laugh with this, I quote:

    “Pas treasurer Dr Hatta Ramli said that the transfer of portfolios between the nation’s top two administrators held no significance “except to reflect their individual failures in their portfolios”.

    “The PM is not capable of handling finances in the country. The DPM is not capable of handling defence in the country,” said the Kuala Krai MP.

    Spot on !!!! One is an idiot, the other is a playboy who knows nothing but how to enjoy himself. I wouldn’t trust one cent to this useless boy.


  22. clearwater
    Sep 18, 2008 @ 11:42:36

    I see the portfolio swap as a strategy by the two incumbents to dig in and thwart any internal or external attempts to dislodge their handover plan. This does not bode well for the country and for democratic forces of reformation and change. They are not going away no matter what the public demands, they want the status quo maintained for themselves and their cronies.


  23. nick
    Sep 18, 2008 @ 12:15:26

    Clearwater, don’t worry. They may win the skirmishes and minor battles. As far as I am concern, they have lost the war. Try to focus on the big picture. Yes, the Rakyat will suffer pain now but I can’t see this bunch of scoundrels getting away with their folly.


  24. clearwater
    Sep 18, 2008 @ 13:59:05


    The big picture is that the common folk will suffer disproportionately more in any protracted power struggle. They have limited reserves and no alternative but to endure whatever upheaval brings. My fear is that the country will enter into years of darkness in any ‘war’. No one wins, we all lose.


  25. A true Malaysian
    Sep 18, 2008 @ 14:51:11

    hey guys,

    My guess is correct, Najib to rope (or rob) in his brother, Nazir….as per Malaysiakini report…

    “Deputy Prime Minister Najib Abdul Razak, who was made finance minister a day ago, is expected to rely on a group of high-level experts, including his brother Nazir, the current head of the CIMB banking group, to revive the country’s flagging economy.”

    Good news?


  26. Killi Valavan
    Sep 18, 2008 @ 16:00:13

    is this system barter ?? These 2 jokers playing the fool ??
    the 2nd joker already specialized in C1/2/3/4 and now the 1st joker wanna learn that too it seems …


  27. Damocles
    Sep 19, 2008 @ 10:02:49

    Doc, it’s a very smart move by the PM.
    Now that he has the army at his beck and call, he’s even more untouchable!
    Smart move, that!!


  28. Meng
    Sep 20, 2008 @ 00:41:31

    Badawi as the finance minister cannot approve the PORR as it will be seen as biased. The only way is to change
    portfolios and Najib will approve the PORR.

    See malaysianunplug.blogspot.com:80/
    Badawi and Ahmad ismail are involved in the project.


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