Categories
Liberty Politics & government

[403] Of Anwar Ibrahim is free, part two

Some people were surprised to see me celebrating Anwar Ibrahim’s release last week. Some of these people have seen me belittled the movement that Anwar helped started more than six years ago. Now, let me explain my position.

During the Asian Financial Crisis, I do believe Mahathir did the right thing by reversing Anwar’s decisions and ultimately, refusing IMF’s aid package. The IMF package in my opinion was too austere to act as a medicine. IMF wanted too many changes in a very short time frame. If Mahathir had gone with Anwar’s decision, Malaysia would probably suffer what Indonesia had.

Of course, that does not mean Anwar should be thrown to jail and treated the way he was treated. With a clash of policy, in my opinion, Anwar dismissal was sufficient.

But then, once dismissed, Anwar called up his supporters and his supporters in turn turned Kuala Lumpur into a war zone in 1999. Perhaps, that riot was not planned by Anwar. Maybe the riot itself was instigated by some of his mindless supporters. But still, whether it was planned or not, it was irresponsible to say the least.

The government acted almost swiftly to suppress the dissent. In some sense, it was good to see peace was restored, no matter how uneasy it was. On the other hand, as a result to that, the government used the Internal Security Act, an act somewhat similar to the Patriot Act in idea that was introduced by the Bush Administration a few years later, continuously in order to suppress almost every opposition toward the government then led by Mahathir.

Later, Anwar was charged with corruption and sodomy. I am not sure whether Anwar is guilty or not but the proofs that were presented against Anwar are not convincing. Here is where the ancient Greek wisdom comes in – innocent until proven guilty beyond reasonable doubt. In Anwar’s case, there is certainly reasonable doubt. At the same time, throughout those trials, a few Anwar’s supporters were silenced, their rights stripped.

And then, after all that, somehow, Anwar is associated with freedom and justice.

I love freedom but despite that association, I do not support Anwar. Though the movement did upstart a new call for freedom, it was somewhat shortsighted as it main goal was to fight for Anwar, not freedom per se. It was hypocritical from my point of view.

However, Voltaire once said, “Monsieur l’abb, I detest what you write, but I would give my life to make it possible for you to continue to write.” I truly believe in that. I believe he was wronged for some dubious reason and as a result, his rights were stolen from him and along with the others that protested with him.

That is the main reason why I celebrate Anwar’s freedom. Notice that I am not celebrating Anwar’s release because he is Anwar Ibrahim but because freedom is threatened. I believe it is somehow our responsibility to fight for Anwar’s freedom, may it by force or by merely disagree with the power that be quietly in our heart, regardless whether we agree or disagree with the oppresseds’ opinion. If you disagree with this, remember Martin Niemoeller and his stylized words:

First they came for the Communists, but I was not a Communist so I did not speak out.
Then they came for the Socialists and the Trade Unionists, but I was neither, so I did not speak out.
Then they came for the Jews, but I was not a Jew so I did not speak out.
And when they came for me, there was no one left to speak out for me.

The other reason that I am glad to see Anwar free is the state of the opposition. The opposition is in dire need for a charismatic leader. Without a good opposition leader, Barisan Nasional, the current ruling coalition, will retain a ridiculous supermajority in the Malaysian Parliament. Like in economics, a competitive market is more efficient than a monopoly. With a monopoly, a deadweight loss is inevitable.

That, my friends, are two reasons on why I celebrate Anwar’s release. Again, I say, I do not support Anwar.

p/s – Yeah baby! After three semesters, I have finally gotten into the game theory class. Yeah! My misery is now almost complete.

Categories
Liberty Politics & government

[402] Of Anwar Ibrahim is free

The Malaysian High Court has accepted Anwar Ibrahim’s appeal. He has been set free just a few hours ago. Major sources are running reports on Anwar Ibrahim on the front page as I am writing this.

I hope this will be a good development for Malaysia. I do believe this is a good thing for Malaysia.

Categories
Future Science & technology

[401] Of 640K ought to be enough for anybody

I bought a Seagate 160 Gigabytes Barracuda ATA 7200 RPM hard drive for $116 yesterday. The original price was $150 but an instance rebate brought the price down tremendously. The end price should hover around $60 after a mail in rebate that I plan to send out later this week.

160GB for $60 is a bargain I tell you. That is about 60% discount and price per space ratio is less than 30 cent per gig. Usually, the ratio would be more than a dollar per gig.

Despite the excitement of finding a great bargain with a help of a friend, I think I will encounter a possible problem.

On the manual, it says somewhere that my BIOS and OS need to support 48-bit addressing if I want to use more than 137GB. After spending some time on the net researching, I found out that it is related to Bill Gates’ infamous “640K ought to be enough for anybody”.

640K. Yeah. Right.

Anyway, what I do know is that this addressing stuff seems to put a limit on the volume of space that can be made available to the system regardless the physical size of the hard drive. I wonder why do that want to limit it anyway?

I am not sure whether my current system supports 48-bit or 24-bit addressing and I have no idea how to find it out. I honestly however, have not really made a thorough search on the internet about this addressing stuff. Any l33+ out there? Help this poor n00b out will ya?

But man, I did not even use all of my old 40 GB hard drive and now, with this new 160 GB hard drive, I don’t know what I want to do.

200 GB definately sounds like great way to piss RIAA. 200 gigs dude. 200 gigs. Dude, this is better picking my nose, that’s for sure.

Maybe I should start uploading part of myself into my hard drive. Yeah, I’ll do just that!

Categories
Economics

[400] Of the sky is the limit

Yup folks! Three more bucks to $50 per barrel!

And there is no promise for the price to not go pass the $50 mark.

Categories
Economics

[399] of GOOG

GOOG is what Google is known to the investors in New York and everywhere else. And on Reuters:

SEATTLE (Reuters) – Friday the 13th was decision day for investors weighing whether to bid for shares in Google Inc.’s initial public offering. The big question now is, how many of them were feeling lucky on an unlucky day.

Google is probably the initial public offering of the year. Google is the most successful search engine ever; not only it is big, it is profitable. Last Friday was the last day for interested investors to register for the Google’s IPO auction. The price of the offering is expected to be announced today.

What is the most peculiar characteristic of this IPO, at least for me, is the auction itself. Now, auctions perhaps are typical when the issuer of IPO presents the shares to the underwriter. Furthermore, most IPO’s that I have heard of are sold at some predetermined price, if I am not mistaken. Google, through Morgan Stanley and Credit Suisse First Boston as the lead underwriters, is doing something unconventional. The IPO will be sold to the public, not to the underwriter, using a modified Dutch auction, also known as single-priced auction.

I do not know which part of the method is modified but through my financial economics class, I do know that the winners of the bid will pay the lowest winning yield for the shares. Take note, the lowest yield means the lowest cost to the issuer (borrower of the money). Now, let’s say there are three bidders, A, B and C and there are 40 units issued. All participants make their offers known. A want 20 units and offers 5.0% yield. B wants 20 with an offer of 6.0% yield and C wants 20 with 7.0% yield. C will lose out and both A and B will win the bid. At the same time, both A and B will pay out 6.0% yield. If A were to pay its initial offer, that would make the auction as something known as multiple-price auction.

Regardless of the method of offering used, each Google share is expected to range between $108 and $135. At the same time there are 25 millions shares available, making a possible capitalization at around $3 billions. That is a cool $3 billions.

It will be traded on NASDAQ, the home of the tech bubble. And this is financial history in the making.

And Blogger is part of Google and this site is powered by Blogger. I am proud to be part of it. Hmm…

p/s – I’ve just received an interview request from The Star, Malaysia. I am not really sure the person that sent me the email was referring to ReCom.org or ReMag, but hey, this is going to be fun. And I bet the special branch would take notice too. LOL! I’m flattering myself. Damn me.