Satay Mu – Authentic Malaysian Chinese Restaurant

Introducing you to . . .


By Paul Chong          Friday, 11 December 2009

Authentic Malaysian Satay with Gravy, 'Pulut', Cucumber & Onions

Whether you eat to live

Or live to eat

Come & eat

Healthy & be fit!

(Dine-in or takeaway)

Announcing to all students & staff at Murdoch University, Murdoch College, residents from Bullcreek, Murdoch. Winthrop, Booragoon, Kardinya & places near or far to this new “boutique” Malaysian Chinese restaurant in South Street, cnr. of Gilbertson Road next to Chicken Treat. It’s affordable, good value for money, & the choicest authentic Malaysian Chinese cuisine.

I am no cuisine writer & a professional will surely do a greater justice to the proprietress Irene & her son Andrew Ng – to give you a better description & a taste of what menu they have to offer. However, they say the test is in the eating. We sure know a good thing when we taste it!

Customer Daniel (L from Malaysia) with Peggy & friend Raymond

Our closely-knit senior group of over 55 have been going round for lunches in Perth & the suburbs. We’ve been virtually everywhere it’s good – you name it we’ve tried it!

Proprietress Irene Seated Middle

Yesterday we found this new eating place & we vowed that we would be there more often now for our gathering & fellowship . . .

Food’s good

Price’s fair

Service’s excellent

Friendliness fills the air.

This is one restaurant with a difference . . . & the difference grows & shows with your unfailing patronage.

For the Karaoke lovers & enthusiasts, you’d be interested to know that Proprietress Irene is a true professional singer, rendering Mandarin songs with her rich melodious voice in easy sweet refrain. She sings English too.

Opening Hours:

Everyday: 11 am – 9 pm

Monday Closed

Phone: (08) 9314 2828

Address: No 17/19, South Street, Kardinya Square, Kardinya 6163

(Next to Chicken Treat)

A Decade That Was . . .

By Paul Chong Friday, 11 December 2009

The concept of “Too big To Fail” proves to be otherwise

as shown by the collapse of General Motors & AIG.

When at the top, the only other direction, is down.

The bigger you are the greater the fall!

The old proverbial wisdom says: “Pride comes before a fall.”


The American Dream is dimming as in the wake of a wink. Historically, America couldn’t have a worst time than the decade that is going by. There’s been a series of one disaster or catastrophe after another . . . a decade of debacle chiefly 9/11 to financial wipe-out (2001 – 2009). This is the most dispirited & disillusioning decade the Americans ever lived through! Call it “The Decade of Broken Dreams”?, “The Decade from Hell”?,“The Decade of Reckoning”? Or “The Lost Decade”? . . . you’d soon run out of the superlatives!

General Motors Collapse

Could this be just a glitch or false alarm? The dreaded millennial meltdown never happened? No major wars were fought, yet thousands died – 9/11, Iraq & Afghanistan – both victims & soldiers, not counting the innocent dead & millions of displaced refugees.

Has God been conspiring & most unkind? God certainly forbids the falsehood & lies about the invasion. God has also been thrown out of every aspect of American life! God’s been forgotten but is God forgiving?

Perhaps all these catastrophes are signs from Heaven – one after another – two market crashes — one at each end of the decade. You might recall the first Wall Street crash, when swooning tech stocks tanked the market from 2000 to 2001, not long after the Nasdaq hit an all-time high of 5049 on March 10, 2000. (Recent levels: 2150-2200.)

This was followed by the defining moment of the decade, the terrorist attacks of 9/11, which redefined & impacted global politics for at least a generation and caused US to question the continental security which they rarely worried about. US waged war in Afghanistan that drags on for eight years now and today it is deadlier than ever. Then came the fiasco in Iraq. Don’t forget the anthrax letters and later the Washington, D.C., snipers and the wave of Wall Street scandals highlighted by Enron and WorldCom.

Hurricane Katrina which occurred right in the midst of the decade 2005 (August 29) in Southern Louisiana killing more than 1,500 & causing $100 billion in damage. This is the single largest natural disaster in US history – problems of which have largely been unsolved.

A housing bubble fuelled by the availability of cheap money and excessive borrowing set ablaze by derivatives, so-called financial weapons of mass destruction, put the economy on the brink of collapse. The Americans will be sorting through the damage for years. Meanwhile, the living, breathing symbol of this economic sordidness, the great con artist. Bernie Madoff, rots away in a N.C. jail cell, doing 150 years for orchestrating the biggest Ponzi scheme in the history of humanity.

The United States of America has failed to lead by example. Its dollar value is collapsing, its economy is faltering, its unemployment hits double-digits, the list just go on & on. Has Western capitalism seen the end of its road? Is America, its citizens known famously as “the ugly Americans” now becoming old & weary . . . no longer having the zeal & zest to dictate?

You be the judge & jury!

Wind-Energy Boom To Beat The Doom

By Paul Chong         Sunday, 6 December 2009

Harnessing free & renewable energy

Freeing the world of climate-change tragedy

Wind Turbines

They say that if you want to strike it rich, you’ve got to know exactly where to be — and when. The Economist notes that many of today’s top businessmen and investors now believe that “alternative energy will be the basis of a boom bigger than information technology.”

Bill Gates, Microsoft Founder, is undoubtedly the pioneer investor in computer technology. He recognised the PC would revolutionise information technology and built unprecedented wealth for those who got in early. Now he sees the same thing happening with wind energy.

Another great astute investor to follow would be Warren Buffett whose patented methodology of growing shareholder value to a T . . . is also quick on the trail of wind energy. Warren Buffett, who has always preached, “Be fearful when others are greedy, and greedy when others are fearful.”

You’ve just got to know what the megatrend is . . . who’s got the visionary management . . . and who’s in the right place at the right time . . .

On the technological front, General Electric, an iconic brand, sold $8 billion worth of wind turbines this year. And it would, more or less, have to pack on another $170 billion just for its shares — and your investment dollars — to double in value.

Close-up of Wind Turbine

In the US, according to the Department of Energy, North Dakota, known as “The Saudi Arabia of Wind”, alone has enough wind capacity to generate over a quarter of US electricity needs. No wonder North Dakota’s wind-generation capacity has soared from a mere 0.5 megawatts in 2004 to over 345 megawatts today. That’s almost a 70,000% increase. Governor John Hoeven recently announced that, all told, capacity will soon hit 2,500 megawatts “with more on the way.”

Forward-thinking investors should not be wary about the obscurity of the technology nor of the companies. Great strides have been made in the field going beyond efficiency & maintenance of wind turbines. Below are examples of some pretty obscure companies which were the top ten performing stocks from 1998 – 2007:

Celgene

Quality Systems

Southwestern Energy

Deckers Outdoor

Green Mountain Coffee

Roasters

Amedisys

Hansen Natural

Almost Family

Clean Harbors

FTI Consulting

Over those 10 years, they earned forward-thinking investors anywhere between a fortune-making 2,623% and an absolutely mind-blowing 7,064%.

BTM Consult — the world’s foremost wind-energy experts — report that since 2004, China’s wind market has grown at a mind-blowing 93%-per-year clip, and that China is making remarkable progress in building up its own wind industry.

Wind Prospect

As part of its “5-Year Plan” for economic development, the Chinese government recently earmarked $65 billion for investment in the country’s medium voltage electricity network.

And China’s Ministry of Machinery has very strict regulations that require all the medium voltage transformers in public buildings to be made of cast resin. Not to mention cast-resin transformers require only a fraction of the maintenance and upkeep of their oil-based predecessors.

Wind-energy will be the technology

Obscurity breeds prosperity

US Greenback Is Doomed!

By Paul Chong         Sunday 6 December 2009

(A composite report from reliable sources)

“Capitalism creates a rational frame of mind which, having destroyed the moral authority of so many other institutions, in the end turns against its own.” – Joseph A. Schumpet

Japanese toymaker Bandai has released paper-thin bath soap that looks like the American 100-dollar bill.(Xinhua/AFP Photo)

Environmental experts recently called toilet paper

“one of the greatest excesses of our age.”

Once the pride & might

Its collapse is now in sight!

This is not just theory. It’s the real thing! Let’s hear from the experts:

US billionaire & investment guru, Jim Rogers, influential former partner of financier George Soros (The World Today Dec 3, 2009) is advising investors to desert the greenback and put their money into commodities. He says the US dollar is a flawed currency that has no future.

Nobel Prize winner Dr. Paul Samuelson, hardly an alarmist, has characterised U.S. financial imbalances as so severe and “irreversible that we must accept that at some future date there will be a run on the dollar. Probably the kind of disorderly run that precipitates a global financial crisis.” . . . while other monetary experts now warn, “We’re in the terminal stages of the world’s most gigantic pyramid scheme.”

Or as Dr. Ron Paul, a member of the U.S. House of Representatives, recently noted about the rampant, unprecedented money creation going on, “If we continue doing what we are doing right now, we will literally destroy the dollar.”

The first dramatic debt growth spurt of US debt-based approach financing system occurred with the Civil War. The debt was just $65 million in 1860, but passed $1 billion in 1863 and had reached $2.7 billion following the war, slowly fluctuating for the rest of the century, finally growing steadily in the 1910s and early 1920s to roughly $22 billion as the country paid for involvement in one war after another – wars which they never did win.

When compared to hard money backed by gold or silver, this debt-based approach has the advantage of making the currency elastic, giving the government a means of expanding or contracting the money supply in response to changing economic conditions. The disadvantage of this approach is inflation. The money supply must be continually expanded in order to finance interest payments on the debt by which it is issued. This devalues the currency, causing inflation.

All signs point toward the U.S. dollar – already down one-third against other world currencies since 2002 – heading at breakneck speed for a precipitous and historic crash.

While all global currencies are falling against tangible

assets, the US Dollar is falling faster.

Unmistakable warning signs reveal here point to a monetary crisis on the verge of spinning wildly out of control, leading to massive INFLATION and quite possibly, a sudden and catastrophic dollar collapse that will forever change US nation.

Mr. Obama, in a recent cable news interview during which he tried to rationalize his multi-trillion dollar spending spree, conceded with a chuckle,“we are out of money now. We’re operating in deep deficits…” This admission came only a few months into his term, and even before he committed upwards of $50 billion more in U.S. taxpayer funds to bailing General Motors out of the hole!

Major foreign investors such as China are quickly catching on to the hard reality of US insolvency. Inescapably, they’re concluding that the “only way Washington can keep its Ponzi finance going is by running the monetary printing presses non-stop.”

Mega-investor Warren Buffett recently admitted publicly that the frantic spending and money creation underway right now will trigger a currency-destroying inflation that will be much more severe than in the 1970s.

Big-time investment gurus such as Jim Rogers dispatched a strongly worded email offering this sobering assessment:

“The world at large does seem to understand innately that governments are bankrupting themselves and destroying paper currency.”

The sheer havoc unleashed by a dollar crisis will be nationally jolting on a par with Pearl Harbour, John F. Kennedy’s assassination and 9/11. And yes, the bottom could drop out in just a single harrowing day.


The coming dollar collapse will wreak economic and social havoc far beyond skyrocketing prices. Widespread fuel and food shortages, relentless crime waves and the government’s endless socialistic machinations will devastate the American way of life like a giant tornado.

US – Greatest Debtor Nati

With US main creditors & all the global supporters pulling out,

there will be a catastrophic tsunami unimaginable.

Just this week, US Fed Chief Ben Bernanke declared the US economy is facing “formidable headwinds” & effectively vowed to continue its relentless printing paper dollars.

China’s Andy Xie, recently named by BusinessWeek as one of China’s most influential economists, quickly reacted with the accusation that Bernanke was “poisoning” the US economy by keeping interest rates near zero & creating a tidal wave of newly printed paper dollars. He warned that the next global crisis will be driven by asset inflation . . . which is exactly the present scenario.

Incidentally, toilet roll goes off very quickly towards its end!

Being at the top is not good, there is only one
way to go from there – down.

Mona Lisa – The Lady With That Mystic Smile

By Paul Chong Thursday, 3 December 2009

Mona Lisa at the Lourve, Paris

Much has been written about this famous painting. Nat “King” Cole sang & endeared her to the hearts of music lovers. It’s that mystic smile of Mona Lisa that captured the hearts & imagination of art & music lovers alike. She’s so famous almost every country wants to lay hands on her. But they all look at her with different perspectives . . . and look at the ways she appears & displays herself according to the customs & traditions of the various countries!

According to Wikipedia, “Mona Lisa (also known as La Gioconda or La Joconde) is a 16th century portrait painted in oil on a poplar panel by Leonardo da Vinci during the Italian Renaissance. The work is owned by the Government of France and is on the wall in the Louvre in Paris, France with the title Portrait of Lisa Gherardini, wife of Francesco del Giocondo. It is perhaps the most famous and iconic painting in the world.”

As portrayed below, different people look at Mona Lisa differently. When I first saw it way back in 1959 at the Lourve in Paris, I was told that her eyes would follow me with that matching mystic smile as I moved around to fathom her enigmatic look. Now, what happen when we move her across the world . . . ?

In Morocco
in London
in Tehran
In India
In Palestine
in Egypt
In Dubai
In Kuwait
In Syria
In Afghanistan

Which do you like best? As for me, Mona Lisa in Paris is still the best!

China’s Leaping Achievements

History of China

By Paul Chong                                                                              Sunday, 29 November 2009  A Chinese By Descent, An Australian By Consent

President Hu Expounds China’s Views On Development

China can boast of its silk and tea culture long before any other country in the world. Even the technological plough was first discovered in China. By and large, all discoveries were directed towards peaceful use and the enrichment of life and culture, as with the gun powder. Now the world is witnessing an unprecedented quantum growth in China – all within one generation!

China Foreign Reserve    World No. 1

China Oil Consumption    World No. 2

China Trade Value              World No. 3

China Economic Output    World No. 4

Latest: China is the richest nation in the world.

‘Xiang Qian Zou’ – The Road To Riches

The Road To Riches – A Nation of Bicycles To Motor Vehicles

Of the nations in the world today, China stands out progressively tall and strong. It is as though a sleeping dragon is finally awakened. This appears to be the fear of the West. Though an economically strong China is good commercially for all the trading nations in the West, politically China poses a great threat. It is feared that “once China stands up, it won’t topple or be toppled.” That was why precisely Napoleon in his wisdom decided to let China be and not to rouse her.

In retrospect, China is undoubtedly the world’s greatest civilised nation over a continuous period of thousands of years – a civilisation undiminished and unbroken, unlike past civilisations like Egypt, Greece, or the Romans. By any reckoning, China should have by now be far more superior than the rest of the world. Why not?

Map of the “Middle Kingdom”

Of the many reasons why China did not progress beyond its initial lead in technology and discovery, the main cause of which can largely be attributed to its inward looking policy . . . viewing all territories outside the Great Wall of China and its boundaries as barbaric in nature. This nationalistic pride and closed door policy led to its seclusion, totally depriving itself from the inter-change of ideas and exposure to new scientific developments and industrial growth. While China lavished in its culture, philosophy and essentially non-materialistic form of development, it began to lag behind the West in terms of economic industrial growth. In preserving its civilisation from being tainted by corruption, disruption and deterioration, it never knew new growth, development and discoveries elsewhere in the whole wide world. The “Middle Kingdom” realised too late the encroachment of other nations upon its shores and territories. Countries like Britain, Portugal, Japan were making inroads into China through modern superior arms of war instead of its age-old “kung-fu”.

Zhejiang – Economic Zone

To grow, to progress is to change. Sentiment must give way to progress. There is no room for inhibition to changes. Change needs to take place before growth and progress can be attained. It’s attitude more than aptitude that scales the altitude. Mr. Lee Kuan Yew, the great former prime minister of Singapore, is credited for the great strides achieved by the City State. His visionary ideas have no room for inhibition or sentiment to change or any hindrance.

Now, what a change has come about as a result of Deng Xiao Ping’s visionary concept of “Xiang Qian Zou”. In Mandarin, it means “Forward Move”, but by replacing the middle word with the similar pronunciation, it becomes “Moving Forward With Money”. This started a great frenzy for the Chinese striving for monetary progress in all spheres of work and life. China has made a quantum leap – a country virtually with no phone to the modern technology of mobile phones! But capitalistic way of life does have its price. A single generation can witness the most remarkable change & progress. Transformation just sweeps aside all inhibition, resistance and sentiment.

Greed always breed a profound loss of goodness in mankind. Simple honesty, truth, kindness and compassion are lost in the process. The dollar sign is etched prominently on the foreheads of goal-getters. It is evident to an outside observer that the whole civilisation is transformed overnight. China, in its forward economic stride, has done away with its traditional large families, and its door is wide open to the corrupt western way of life. There is a price to be paid, for consequential results cannot be avoided.

Like most economies in the world, the road to riches often affect those who are involved, largely the urban folks, leaving behind a vast majority of the rural peasants. Even then great disparity may result among the urbanites. Encouraged by the concept of “Xiang Qian Zou” and ‘you’ve got to be in it to benefit it’, waves and tides of migrating movement are emptying the youth from the rural and pastoral areas. China is vast country where hundreds of millions of the peasant still labour and toil and are poor by comparison with the urban rich. No doubt, this is creating a set of social chaos unknown before.

Hong Kong, for instance, is a magnetic attraction for mainland Chinese. Tens of thousands cross the border which still has the immigration formality with number restrictions. In 2002 this number has been lifted and the hours of opening has even extended to 12 mid-night. This is largely due to the fact that the constant stream of exchange of people movement just keep on going growing bigger and bigger. The benefits work both ways. The affluent mainland Chinese pour money into Hong Kong, and the Hongkees likewise do the same in respect of investing in cheaper and more attractive housing in Mainland China.

On the more positive & human well being aspects, China has done itself proud by alleviating poverty for the great mass of the population. Consider this report by World Bank: “China has maintained a high growth rate for more than 30 years since the beginning of economic reform in 1978 and this growth has generated a huge increase in average living standards.

China’s sustained growth fueled historically unprecedented poverty reduction.  Based on household surveys by the World Bank, the poverty rate in China in 1981 was 63% of the population.  This rate declined to 10% in 2004, indicating that about 500 million people have climbed out of poverty during this period.’

Update & in a lighter vein:

China, now second largest economy in the world, has 19% of the world’s population, but consumes

. . . 53% of the world’s cement

. . . 48% of the world’s iron ore

. . . 47% of the world’s coal

. . . and the majority of just about every major commodity.

In 2010, China produced 11 times more steel than the United States.

New World Record: China made and sold 18 million vehicles in 2010.

China currently has the world’s fastest train and the world’s largest high-speed rail network.

China is currently the number one producer in the world of wind and solar power.

China currently controls more than 90% of the total global supply of rare earth elements.

In the past 15 years, China has moved from 14th place to 2nd place in the world in published scientific research articles.

China now possesses the fastest supercomputer on the entire globe.

 As at the end of March 2011, China has accumulated US$3.04 trillion in foreign currency reserves- the largest stockpile on the entire globe.

 Chinese consume 50,000 cigarettes every second …Not an enviable record though …

And here is the secret to the Chinese miracle: There are more pigs in China than in the next 43 pork producing nations combined.

So it is PORK that is driving China !! ENJOY YOUR PORK !

Now . . . you know why we eat “bak kut the” to be one in spirit with our China cousins.

Comments

Your comments are invited.

What problems do you envisage for China in this economic crisis?

How would the rest of the world, particularly US, react or act towards China?

What role do you think that China is likely to play on the world stage?

Do you think that China would follow the path of US & change its basic peaceful co-existence policy?

Any others?