ALOR STAR, Oct 29 - The abolishment of the 30 per cent Bumiputera equity in public listed companies will only further weaken the economy of the Malays, Umno Youth executive council member Datuk Mukhriz Tun Dr Mahathir said today.
He said that now was not the time to propose the abolishment of the 30 per cent equity for the Malays, instead, it should be to improve their economy.
"Their achievement, the most is only 22 per cent, but has now dropped to 18 per cent. So, is it apt to abolish the policy," he said in response to MCA vice-president Datuk Liow Tiong Lai who suggested that the condition for Bumiputera equity in public-listed companies to be abolished.
Mukhriz, who is also Jerlun Member of Parliament, said there were still many objectives in the New Economic Policy which had not been achieved and efforts should be made to enhance the competitiveness of the Malays in the economics field."So long as the Bumiputera are not comfortable and confident with their capabilities, the policy cannot be abolished," he added. - Bernama

written by FedUpToTheMoon, October 29, 2008
This country is going down the toilet and that old man is flushing hard! Up to the point of running on empty, I believe!
Time for new leadership to rework the NEP for ALL and until then, it's still us against 'them'!
written by anak desa, October 29, 2008
written by Margaux, October 29, 2008
Yet, we have many middle and upper class malays who are equally capable and are also on par with international standard. Why then should these malays who study hard, work hard , and pay taxes like the non-malays "feed' the other malays who dont want to 'grow up' ? Isnt it ironic that the "lazy ones" are actually only the politicians and their cronies , who never has to study or work hard?
Has Mukhriz ever wash dishes or as work a waiter during university days like many of us to tide thru the hard times? Why should our hard earned monies be used to support these 'useless' people ? If it goes to the poor, I am sure many wont mind. Even that, they amend the income tax rules that we can only donate 7% of our net income to charities when we can donate 100% previously. I rather have my hard earned money go to charities than to Income Tax Dept, which will be used by the politicians to line the greasy pockets of cronies.
Please wake up or try and get the experience of being a dishwasher for a month in a mamak store to go thru what many of us have gone thru to get a good education .
written by JJ, October 29, 2008
Obviously, the implementation of the policies of the past 40 years have been flawed.
Cheers
written by Bigjoe, October 29, 2008
The man is not inclined to do anything really significant which basically mean if Dr. M keels over, he is easy to take down in a fight. Its the biggest reason why he SHOULD be UMNO Youth head if Dr. M keels over soon...
written by raymond, October 29, 2008
written by Jimbo, October 29, 2008
When can the Bumiputera be comfortable and confident with their capabilities? This is actually an insult to the Bumiputera being told that they are not comfortable and confident of their capabilities. It amounts to being useless! Come On, Get Real, Wake Up, Start Working Hard and reach for more than the 30%.
written by giggs, October 29, 2008
NEP has been around for so long, and if till now the malays still cannot stand by their own feet to withstand present economic situation than i forsee NEP/UMNO will bring the Malays not anyone else. Malays need to stand up against UMNO/NEP like the chinese who have no support from gvt but still doing so well in both economic & studies.
( i am not racist, but rakyat msia )
written by JaguhKampung, October 29, 2008
I am sure you will reach the top in UMNO with that remark. It just shows and proved what UMNO was, is and going to be. There's no way to get to the top except like what you just said. Your father rose by the same strategy. It is a proven timeless strategy to rise in UMNO.
It's nothing but a bloody racist organization that will allow no one but those who are ultras to rise.
Good luck to you and good luck to Malaysia!
written by Joeawk, October 29, 2008
I do not have M50,000.00 in the bank. I own no house and I own no stocks but I do not feel poor because I have enough and I am sufficient.
Give the poor family RM50,000.00 and I believe that they will feel very rich and if properly nurtured, they will certainly get out of poverty.
Within just 1 or say 2 years, if the govt do not waste and is clean, there will be no more poor malays but UMNO and the elite malays want to keep them poor so that the elites can continue to help themselves to the privillege granted by the NEP.
The NEP was never implemented to fulfill its actual purpose of poverty eradication but for the malay elites to enrich themselves.
I can help but see the malays as a beggar race, entrapped by political and Islamic manipulation.
I hate it but quietly grateful to see the economc slump because I want to see how the malays politics play out the next few years.
written by Durian Besar, October 29, 2008
Long live Mahathir, Long live Mukriz, Long live UMNO
The cunning master is twist-rolling his split toungues again, in a bid to enthrall the Malays into giving them the support of sneaking back into UMNO centrum.
Old tricks sometimes work best as majority of the Malays are so used to sugarcoated arsenic UMNO have been feeding them over 50 years.
So said Mahathir, "Malays should throw away the tongkat", also
so said Mahathir, "Merit system the way to go"
so said Mahathir, "there is no croism, nepotism in Malaysia"
so said Mahathir, "there is no corruption in Malaysia"
so said Mahathir this, that, this, that
Watch out for whatever one has split toungue speaks to you, the bottom line is that he is going to bite you.
written by great alibaba, October 29, 2008
WHO SAID MUFLIS IS USELESS ?
He is figting and championing the god given 30% of the bumi with his MOUTH !
I'm sure the so called bumi will be achieving the 30% real soon , simply by listening to the father & son bullsh*t everyday !
My advice to my Bumi freinds, since i'm not running for any office, my advice is free, " Work Hard And Aim High ''
FORGET THE PATHETIC 30%, FOR THE SAKE OF OUR COUNTRY, GO FOR 70%, AT LEAST !
Remenber don't listen to leaders who ask you to aim low. Their intention is clear, they want you to stay foolish so that they can be your leaders forever and ever.
Look around our land and our neighbour, it is phenomenal that there are so many FATHER & SON team !
written by An Observer, October 29, 2008
written by Pat Ling, October 29, 2008





it is better let BN sinks without surfacing only they realise to serve malaysian, not their direct family members.