Making Anwar the PM is not the pot of gold of the reformasi rainbow. Part 2. Devil's advocate series 75.

1. I say this again. Appointing Anwar as PMx was the correct thing to do. 

2. As a variant to what Augustus Comte said, demography is indeed destiny 

3. In a country, where 70% is almost Malay it would be unimaginable to have a non Malay as PM kan? 

4. Accordingly for Anwar to remain PM, he must gained the allegiance of first , the Malays and the more economically powerful non malays. 

5. But he must not do it the UMNO way 

6. By treating Malays in general as dependents 6b. He must give Malays honour and amour propre. 

7. And he must avoid giving the impression of oppressing the non malays 

8. We must have him know that even richer non malays also feel oppressed 

9. Therefore we are mistaken if we believed that forced economic equality is the answer to social cohesion. 

10. It's equality of opportunities. And that can only be obtained through free market economics. 

11. Equality of opportunities lead to social cohesion 

12. There are several economic areas I want to see reformasi applied on 

13. UMNOnomics is structured on several foundations; 1st it is built on the principles of preferential treatment and affirmative policies. 2nd, these are implemented by central command economics institutions 

14. Preferential treatment and affirmative policies encapsulated by pick and choose winners economic model. 

15. Central command economics encapsulated by institutions run by politicians and bureaucratic brahmins such as epu, ICU, GLCs run by those mentioned above. 

16. Other structures like giving bail outs to inefficiently run companies, giving of monopolies, long term contracts , exclusive licences to the picked and chosen blue eyed boys. 

17. I would dismantle these with varying speeds but assuredly 

18. I would also rein in political whimsies like Santa Claus spending 

19. Economics is about judicious use of resources; in this case taxpayers money. 

20. Every other month half past six Keynesian economists and advisors, advised the Pablo Neruda, Vaclav Havel and rendra reading PM, to make cash payouts and transfer payments 

21. The payouts will end up as consumption spending 

22. This will eventually result ultimately in inflammation 

23. The very people now jumping with joy for getting money will be the 1st to complain about rising prices of goods and services which they are now. 

24. It's Najib's brim vs Anwar's brim. 

25. Inflammation is everywhere and anywhere, a monetary phenomenon. 

26. The pick and choose winners economic model creates an elite of carpet beggars and people given bread crumbs who forget they are deprived. 

27. Spending on them this way is dangerous. You create an expectations gap. You have to continue handing out money and economic benefits. 

28. Once you slow down and scale down handouts, these people whom had expected freebies from you, will be the 1st to rebel against you. 

29. The pick and choose winners economic model, preferential treatment and affirmative policies are implemented by the central command economics institutions 

30. These institutions are nothing more than a constellation of the least productive groups in our country 

31. Remember the world bank report that reported the Malays as being the least productive of economic actors? 

32. It follows that the top people at the central command economics institutions are mostly Malays must therefore be from the least productive groups. 

33. The question that comes readily to our minds is, how can the least productive groups tell and advise us on economic matters? 

34. The advice given must by definition, be mediocre 

35. Bailing out ineffeciently and poorly managed companies to me is a poor misallocation of resources. 

36. The most infamous example in recent times is the 1b bail out of sapura energy. 

37. I have talked about this issue in previous articles 

38. Another area to which I want reformasi applied on is the retention and continuation of monopolistic 'arrangements'. 

39. A monopoly is a form of totalitarian economics and is a fetter on free market economics. 

40. Again, I have talked about it in earlier articles.