Word: mahathir
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Dates: during 1990-1999
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Haphazard controls are not even much help to countries that impose them, because they choke off foreign investment just when it is most sorely needed. To make matters worse, Malaysia looks ready to use its controls to ease pressure on Mahathir's debt-ridden cronies instead of attempting to fix its shattered economy. Meanwhile, Hong Kong authorities find themselves stuck with $15 billion worth of stock that they purchased in August to prop up the market. Selling the shares now would drive down prices...
...Malay, Chinese or Indian, we love one another as Malaysians. We don't need the media to disrupt our peaceful country with their coverage and play havoc with our multiracial feelings! We know ourselves best, so let us manage our country out of these economic woes. Mahathir may be a bit too blunt and straightforward in conveying his thoughts, but he is right on some points. Think about the economic havoc caused by the financial speculators who are responsible for the suffering of countries like ours. NORIDA ABD RAHMAN Alor Setar, Malaysia...
...MAHATHIR'S PRAGMATISM...
...those who grew up believing in Prime Minister Mahathir Mohamad and his brand of pragmatism [VIEWPOINT, Sept. 21]. Despite his critics, I have chosen to support Mahathir's unorthodox economic policies. Why? Because he has me convinced that he will ultimately be proved right...
Your story was sensationalist and very opinionated. You have accused the Prime Minister of condoning crony capitalism, nepotism and corruption and have painted him as a dictator who has oppressed his people. Such a despicable person would be deeply hated. But Mahathir is a well-loved leader among Malaysians. Remember, he was democratically elected to Parliament and to the presidency of his party. By consensus within the ruling coalition, he leads the other parties in government. The wily Mahathir has never been too proud to ask for advice. And in this, he has been well served; he has some...