Saturday, August 14, 2010

The NEP and its weakness

August 14 2010. I am puttung this newsletter for others to read in case you have forgotten the real issues about the NEP.

"Nazir Razak says NEP " bastardised ". There seem to have been a bastardised of the NEP, says CIMB, group CEO Nazir Razak who is younger brother of PM Najib.

"I have strong opinion about how the NEP has been bastardised over the years" It was a social engineering experiment that no one even done before in any country. So the government gave 20 years but "now it is so embedded in everything - in every part of the government, in every part if business that it has become a problem"

The NEP offivcially came to an end in 1990 but its policies still continue to this day. They wanted more time. until when no one knows.

The Chinese have been labelled as "pendatang" by many UMNO politicians. But Nazir said' "I told Tan Siok Choo (grand daughter of MCA founding member. Tan Cheng Lock) that her family came to this country earlier than my family."

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