Categories
Economics Politics & government

[795] Of gold standard in Kelantan

One week ago, I blogged on why conservative Muslims would prefer gold standard to fiat currency. Today, I found out that Kelantan, a state ruled by PAS, an Islamic party, plans to introduce gold dinar and silver dirham in three months time . Gold dinar and silver dirham are gold and silver standards respectively. More at Bernama:

Kelantan Plans To Use Gold Dinar As Currency

KOTA BAHARU, May 21 (Bernama) — The Kelantan government will introduce the gold dinar and silver dirham as currencies in three months time and even plans to pay state public servants with the currency.

State Public Administration, Economic Planning, Finance and Community Development Committee Chairman Datuk Husam Musa said the dinar and dirham currencies would first be implemented in the Islamic system of pawnbroking, the Ar-Rahnu.

Husam said when implemented, the public could buy the dinar and then exchange it for cash at the Ar-Rahnu pawnshops.

Talk about economic crystal ball…

However, I’m not interested in the predictive power of economics in this entry. I’m questioning the legality of such move instead.

Under item 7(a) within the Ninth Schedule of Constitution of Malaysia, finance, more specifically, “currency, legal tender and coinage” fall under the Federal List. It doesn’t fall under the State List or Concurrent List but instead – I stress – in the Federal List. This means only the central government has the exclusive right on matters pertaining to issuance of currency. Therefore, I suspect Kelantan’s move is illegitimate.

The existence of two standards is detrimental to intrastate trade and the need to exchange currencies – ringgit to dinar and vice versa – acts as a trade barrier. Furthermore, the introduction of gold dinar just in Kelantan – instead of countrywide – will undermine the authority of Malaysian central bank, Bank Negara. The introduction will indirectly hurt the country’s economy as there will be no congruent monetary policies.

This move is unneeded especially when Southeast Asia is contemplating on monetary union. The region as ASEAN plans to increase regional trade instead of reducing it. Introduction of a new standard will take the dream of an ASEAN-wide monetary union a step backward. In short, the introduction is counter-productive towards the ultimate ideal of ASEAN.

Finally, who will manage the gold standard? The central bank of Kelantan? What a ridiculous notion! Revolting!

Unless Kelantan plans to secede from the Federation, this move must be stopped. Bank Negera, which is responsible to Malaysian monetary policies must come forward and knock some sense into the state government of Kelantan.

I’m vehemently against Kelantan’s move and the existence of two separate standards within the Federation. There can be either one currency or the other. Not both.

Mohd Hafiz Noor Shams. Some rights reserved Mohd Hafiz Noor Shams. Some rights reserved Mohd Hafiz Noor Shams. Some rights reserved

p/s – I’m right. Introduction of a different standard within the Federation is illegal. From The Star:

Kelantan plans new currencies

By IAN MCINTYRE

KOTA BARU: The Kelantan government plans to introduce the gold dinar and silver dirham as currencies in three months, saying that it also hopes to pay state public servants with the currency.

However, Prime Minister and Finance Minister Datuk Seri Abdullah Ahmad Badawi shot the idea down.

State governments were not allowed to issue their own currency, he told reporters covering the World Economic Forum in Sharm El-Sheikh in Egypt when asked to comment on the statement by Kelantan Public Administration, Economic Planning, Finance and Community Development committee chairman Datuk Husam Musa

This makes me wonder, do PAS politicians ever read the Constitution?

Categories
Kitchen sink Politics & government

[793] Of all your trouble are belong to us

It’s poll day in Sarawak today . Today is one of the few days when people of Sarawak are able to directly affect the state’s policies. Because it’s poll day today, I feel I need to address a minor point that affects the relationship between people in Peninsular Malaysia and those in Malaysian Borneo. That one minor point concerns scapegoating.

There are people in both Sabah and Sarawak that blame those in the Peninsula of hoarding the Federation’s resources. This group of people argue that resources originated from eastern Malaysia are brought over to West Malaysia while the locals receive less than an equitable share. It seems that this opinion is part of a greater idea that the Malaysian Federation is biased towards Malaya.

This is something that is hard to counter given that most Peninsular Malaysians see August 31 as a grander date compared to September 16. The former is the date Malaya and Sabah (formerly North Borneo) achieved independence while the latter is the date of the Federation formation. This fact symbolically affirms the feeling that the Federation is biased towards its western members.

For a strong federation, all members need to be treated equally so that there’s no ill-feeling among member states. Hence, I do sympathize with those that subscribe to the opinion that the Federation is biased. However, I’m beginning to feel that Malaysians on the Peninsula are becoming the group’s whipping boy. This group is indiscriminating blaming everything on Peninsular Malaysians. It’s becoming apparent that these Malaysians from Sabah and Sarawak aren’t interested in solving the problem of inequity but rather, are more interested in assigning blames.

Why do I feel so?

Simple. They point their finger across the South China Sea but yet, they keep voting the same persons or parties into office over and over again. These persons in the office aren’t standing up for Sabah and Sarawak’s rights and yet, they’re kept being voted in.

The options are in front of them and hence, they have the power to change the situation. When they failed to choose the candidates that would fight for them, it’s not others’ – those in the Peninsula – fault. When you aren’t willing to commit changes and then you’re suffering from it, don’t blame others for it.

So, if you are reading this and you’re able to vote in Sarawak today, before casting your ballot, bare this in mind. Your future is in your hands and you’re responsible for it; no one else. Failure to do good with your future will be your own fault; no one else.

Mohd Hafiz Noor Shams. Some rights reserved Mohd Hafiz Noor Shams. Some rights reserved Mohd Hafiz Noor Shams. Some rights reserved

p/s – the Great Firewall of MENJ! For those that are unfamiliar with the nick MENJ, he’s a far-right conservative Muslim. And I’m being polite by labelling him that.

However, unlike the Great Firewall of China which could be imagined as a huge virtual Great Wall of China, the MENJ’s is a human-size box around a person. And unlike the Great Firewall of China which discriminately prevents PRC citizens from visiting certain sites on the net, the MENJ’s indiscriminately prevents everybody from visiting his blog. Well, so far, just visitors from Malaysia, Scotland and Australia, according to comments at Bebas; I wonder if he could even visit his own blog! Self-ban!

His blog must be experiencing a drop in visitors. LOL!

I don’t know this MENJ guy personally but I have a feeling that I won’t like him too much. He just has a talent to insult a lot of people online. In fact, I remember him calling me a moron via a third person just because I disagree with him. But, that’s not really surprising because he calls all Muslims that disagree with him as infidels.

This is an occasion that MENJ shot himself in the foot, again. I praise minishorts for getting the snowball rolling in MENJ’s direction. I hope the ball’s inertia is unstoppable.

Heh. Singapore has Xiaxue. Malaysia has MENJ. They should get together.

Categories
Politics & government Pop culture Society

[788] Of Sepet, Gubra and Marock

When Sepet came out, some people called the film as un-Malaysian. When Gubra came out, the same some people called it “pencemar budaya“. Pencemar budaya basically means culture polluter, whatever that is supposed to mean.

Well, about eight hours behind Malaysia, in Morocco, a film known as Marock is receiving similar hostile remarks.

In a report by Associated Press:

Acclaimed Moroccan director Mohamed Asli said “Marock” did not deserve inclusion in the festivals because it was “not a real Moroccan film,” although he subsequently told a magazine that he welcomed the public release because it would open debate. Some critics claimed to detect sinister Zionist propaganda in the depicted Jewish-Muslim romance.

By Morocco Times:

Laila Marrakchi’s new film Marock has received harsh criticism in Morocco during its screening at the National Film Festival held last week in Tangiers.

Several film directors and critics have attacked Marock and even went further to question Marrakchi’s nationality as a Moroccan.

Mohammed Asli, director of “In Casablanca, Angels don’t fly”, started a ferocious campaign against the young director, saying that her film “should not have been screened in the festival.”

Malaysian films Sepet and its sequel Gubra’s storyline sound similar to Marock’s in principle; it’s about cross cultural relationship. But in both Malaysia and Morocco, conservatives’ are having problem accepting the films’ premise.

Sepet and Gubra of course aren’t a love story involving a Muslim and a Jew but it’s about a Malay and a Chinese teenagers. If I may be a little bit politically incorrect, Chinese are the Jews of Southeast Asia. Even if you couldn’t accept that statement, don’t worry. To Malaysian conservatives, those on the extreme rights of political spectrum, all non-Muslims are Jewish. And all Malays are Muslims, at least constitutionally. So, the two counterparts actually concern one issue – intimate relationship between a Muslim and a Jew.

Well, now I know that Morocco and Malaysia have at least one thing in common; narrow-minded conservatives in both countries hate films on cross cultural relationship.

I highly advise all cultural conservative people to not live in a cosmopolitan society. It might be bad for your health.

Mohd Hafiz Noor Shams. Some rights reserved Mohd Hafiz Noor Shams. Some rights reserved Mohd Hafiz Noor Shams. Some rights reserved

p/s – Whoa. Is Karl Rove being indicted? Rumors abound!

The source of this rumor seems to have originated from Jason Leopold at truthout.org. If true, cool!

Mohd Hafiz Noor Shams. Some rights reserved Mohd Hafiz Noor Shams. Some rights reserved Mohd Hafiz Noor Shams. Some rights reserved

pp/s – well, that indictment thing is false.

Categories
ASEAN Politics & government

[786] Of white elephant for the Thai monarch

In The Star today:

The Nation reported that all “white” elephants found in Thailand must be presented to the king and become his sole ownership.

“White elephants are regarded as auspicious. The more a monarch acquires during a reign, the more prosperous and happy his kingdom will be,” according to The Nation.

Are you thinking what I’m thinking?

If no, Malaysia does have a “white elephant” in Johor. Since the Thais see white elephants as auspicious, they’d appreciate Malaysia offering our white elephant to them as, er, gift of friendship.

Categories
Politics & government

[783] Of a man of principle

I admire Shahrir Abdul Samad, an UMNO representative from Johor Bahru. He is true to himself unlike so many others:

Shahrir Resigns From BN Backbenchers Club Chairman Post

KUALA LUMPUR, May 4 (Bernama) — Datuk Shahrir Abdul Samad Thursday resigned as the Barisan Nasional Backbenchers Club chairman as many BN members of parliament did not support the motion without notice to refer a news report in the New Straits Times to the parliamentary rights and privileges committee Thursday.

It all first started with a news report by the New Straits Times:

Nudge, nudge. Wink, wink…
Customs ignored MP’s request
Hamidah Atan and Farrah Naz Karim

PUTRAJAYA: A Member of Parliament allegedly asked the Customs and Excise Department to “close one eye” in a case involving the import of sawn timber.

It is learnt that the department has submitted a detailed report on the MP’s alleged interference into the seizure of sawn timber brought in from Indonesia at Sungai Linggi recently.

The MP is said to have gone to the Malacca Customs Office on April 14 to “settle” the matter. He had allegedly requested that the department “close one eye” in handling the case.

The MP according to Malaysiakini is from Jasin, Malacca.

It’s disturbing to see the one that should resign stays while the one that should stay resigns. Even worse, the majority is not only uninterested in pursuing justice, but they are shielding the MP in question from possible inquiry. Though short of legalizating corruption, if this continues without check, kleptocracy will not be impossible. This is one of the reasons why Malaysia needs a stronger opposition in the Parliament.

All is not lost though. The Malacca Customs did their work and therefore, deserve praises for what they have done. Or haven’t done.