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 Economics 101: Models explained - with Cows

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AskarPerang
post Sep 21 2009, 12:57 AM

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QUOTE(oucheev @ Sep 13 2009, 02:48 AM)
MALAYSIAN BUMIPUTRAISM: You have two cows, the State takes one and gives it to your bumiputra neighbour. From the milk you sell from the remaining cow you buy a bull and mulitply your herd. The State take 30 per cent of your herd as it grows and give them to your bumiputra neigbour. Your bumiputra neighbour has a kenduri each time they
receive a cow.

UMNOPUTRAISM : The State takes 30 per cent of your herd and parks them in Switzerland in the name of some UMNO official or close relatives, friends and sons-in-law.

MALAYSIAN GOVERNMENT LINKED OR BUMIPUTRA CORPORATION : You have two cows. You employ mainly bumiputras to milk them. But both cows have been sent to the kenduri, so the State gives you more cows and write off the losses of the first two. After several kenduris later, you invite an American or German Corporation to turnaround the losses. The Japanese have however already taken their two original cows back home to Japan .

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Oh...how right are those statement. cool2.gif

 

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