Tuesday, February 27, 2007

Slowly, slowly, deeper and deeper

Oh dang....Surprise surprise people. Proton is slowly going down the drain once more. Look I'm not too happy about it k? As a car enthusiasts I would like nothing more than our national car maker earning some moolah to show that not all GLCs are useless. Even TNB and MAS are posting a profit therefore what excuse is it for Proton to be so in-debt and useless that nothing seems to be coming out of it? I'm no financial whizkid but looking at the statistics here we seem to find that our national car maker is slowly draining our tax dollars despite government bailouts over the years that Proton has been in existence. When LKY initiated the formation of SIA donkey years ago, the essence of what he told them was that they (SIA) must either be able to survive on its own or you can be another corporate corpse littering the Singapore landscape.



The point is if our own GLCs are not performing at all why bother? Mitsubishi screwed all of us Malaysians when it was found that they themselves hid defects from customers over the past 20 years while manufacturing Mitsubishi cars. I think that the gwailo folks at Lotus are probably too ashamed to be associated with Proton that's why you don't see so many of them hanging around TPM. Come to think about it, is Lotus still at TPM?



It takes an Angmoh or gwailo to usually turn the company around. Look at what Carlos Ghosn has done for Nissan. And the sad fact is, Proton rather be taken over by a gwailo rather than a Malaysian Chinese or a Malaysian Indian due to their stupid pride in making sure that only "Bumiputras" are in the top position. Mr PM look around you and asked yourself honestly. Everything planned and executed successfully are the results of the Chinese-Indian communities, or any of your cronies?



Young ones like us have no mood or hope to be in Malaysia anymore. If GLCs are to be run using meritocracy as it's key-performance index, we will be the envy of every developing and developed nation in the world. Otherwise we are merely screwing ourselves and we can forget about being developed by the year 2020. I think Dr. M would rather kick the bucket than to see what will happen in the year 2020.







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