Mahathir-Soros: Common ground for global peace
The political-lingo that says "there's no permanent friends and there's no permanent enemies" speaks true for Mahathir Mohamad and George Soros.
With one having retired from mainstream politics, and the other retired from speculative monetary markets, the decade-long enmity between the duo has given way to a blooming friendship.

In a historical meet in Kuala Lumpur which lasted over an hour this morning, Soros acknowledged Mahathir's declaration that he isn't anti-Semitic; while Mahathir accepted Soros' explanation that he wasn't involved in the currency attacks that Malaysia suffered during the 1997/98 Asian Financial Crisis.
Mahathir said the ringgit crash was a result of speculations by other currency traders.
Hence stopped the trans-oceanic volley-exchanges of calling each other moron and menace. They are now declared friends, and even found a common ground to take their ties a step further... for global peace.

Both of them expressed their concerns over the Palestine and Iraqi issues, and agreed that Bush's policy of waging wars cannot bring peace to the world.
Soros underscored the matter by saying that the American people have rejected Bush's unilaterialism policy as evidenced in the outcome of the recent mid-term Congressional election.
Capital control
Asked to comment on Malaysia's current monetary policy, Soros declined by saying that he is no longer a player in monetary speculation. However, he commented that Malaysia has suffered many missed opportunities by retaining the US dollar peg and capital control for far too long.
"But I am not saying that Mahathir is responsible for over-sustaining it (the US dollar peg and capital control)," Soros added. "Mahathir did the right thing in pegging the ringgit as it had helped stabilise the situation."
Defending the act of currency speculators, Soros said it's the authority (of every trading country) and not the speculators who should be held responsible.
"Speculators trade in accordance to the prevailing rules of the country and the respective authority should make sure that its (monetary) market functions," Soros said.
Soros is in town to promote his latest book, 'The Age of Fallibility: Consequence of the War on Terror'. Mahathir looks healthy and alert though he is recuperating from a mild heart attack.
Though President Susilo Bambang Yudhoyono made time to meet up when Soros was visiting Indonesia, little birds say our Abdullah Badawi refused to see him.
More photos in LensaMalaysia.
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SPECIAL BRANCH. I have not seen hotel staff dressed as SB. Neither have I seen SB dressed as hotel staff. I think I saw both today.
Comments
What a wonderful world! can you imagine that hand-shake to take place a decade ago?
Regardless of what they have said and done before, both of them can be considered legends in their own field.
Personally, I don't think I like both of them. But I can't help feeling that at least they gave us vision and direction in one way or another, and they were damned committed to achieve it. An open society by Soros and Vision 2020 by Dr. M.
In short, we are now in dire need of legends or visioneries and not heros!
Posted by: anakmalaysia
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December 15, 2006 03:46 PM
From the ways both of them tiraded and traded insults in the open, one would think they are permanent enemies. We should congratulate both of them for being statesmen and agreed to close the chapter and shared concern for some of the less fortunate countries of this world. I hope AAB will learn too and asked his SIL and the Penang Youth to apologise and close chapter on the usage of racism to get political support. One must be big hearted enough to admit his weakness and mistakes.Look like MM is one up again on AAB.
Posted by: maggieq
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December 15, 2006 04:12 PM
Folks
As they say, Mahathir and Soros will recognise each other even if they had not met in person.
They are birds of a feather.
Articulate and very driven personalities... one with money and other with politics.
They day to say and do what need to be said and done.
Its good they let the past behind them.
Say what you like, Dr M at his core, is a statesman.
Posted by: Frank&Honest
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December 15, 2006 04:28 PM
Finally! Hahaha!
Now if we can actually get both of them to host lectures.
One for politics, one on economics.
I'm sure we'll be able to gain a lot more knowledge.
Posted by: aput83
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December 15, 2006 04:50 PM
Will this even happen to both Pak Lah and Mahathir anytime soon?
Posted by: sonicwall
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December 15, 2006 04:52 PM
Who was responsible for the 1997 financial crisis?
One thing for sure, it was not Soros. The truth is that Soros merely was a player in a game where the rules were open (i.e. it wasn't his fault that the East Asian countries had structural weaknesses in their fiscal policies)
With the benefit of hindsight, the 90's were too good to be true. FDI was gushing in and the Asian govts went overboard trying to maintain their currency level with the US, even though it was obvious that inflation had long driven the true value of the Asian currencies lower (Ask those around you who were in around in the 90's. They remember what inflation was like! Remember at that time, oil, toll, electricity was cheap and still inflation was rising) This was what the speculators exploited, the fact that our currency was weak and the govts had to spend vast amounts of hard money to defend the levels.
So now Mahathir has admitted that Soros was not at fault. Will he now please tell the world that the Jews are not out to get the Muslims? I have always felt that TDM's statement on the Jews had truly impacted the Muslims, further reinforcing their belief that the Jew-bogeyman was out to get them. Maybe a retraction, Tun?
Posted by: VigilantReason
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December 15, 2006 06:03 PM
sorry sonicwall ... considering paklah action all this while... it wont happen.. maybe because they are birds of a feather... i guess ...
Posted by: adieu1999
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December 15, 2006 06:09 PM
Seeing both of them together brings back to mind all the debate and heartache that we went through during the 1997 Asian finance crisis. Many economists had warned Malaysia that while the steps it took looked effective in the short term, they would stunt growth if kep in place in the long run. How right. If you look at the other nations which took the brunt of the crisis - South Korea, Indonesia and Thailand, they are now pulling bouncing back much stronger than Malaysia. While we are still mired in a slow coach economy - "Hidup Segan, Mati Tak Mau". Both Mahathir , and to a certain extent Pak Lah are guilty of perpetuating the kind of controls which a dead-load on the economy.
Posted by: kittykat46
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December 15, 2006 06:15 PM
Seeing both of them together brings back to mind all the debate and heartache that we went through during the 1997 Asian finance crisis. Many economists had warned Malaysia that while the steps it took looked effective in the short term, they would stunt growth if kep in place in the long run. How right. If you look at the other nations which took the brunt of the crisis - South Korea, Indonesia and Thailand, they are now pulling bouncing back much stronger than Malaysia. While we are still mired in a slow coach economy - "Hidup Segan, Mati Tak Mau". Both Mahathir , and to a certain extent Pak Lah are guilty of perpetuating the kind of controls which a dead-load on the economy.
Posted by: kittykat46
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December 15, 2006 06:16 PM
Seeing both of them together brings back to mind all the debate and heartache that we went through during the 1997 Asian finance crisis. Many economists had warned Malaysia that while the steps it took looked effective in the short term, they would stunt growth if kep in place in the long run. How right. If you look at the other nations which took the brunt of the crisis - South Korea, Indonesia and Thailand, they are now pulling bouncing back much stronger than Malaysia. While we are still mired in a slow coach economy - "Hidup Segan, Mati Tak Mau". Both Mahathir , and to a certain extent Pak Lah are guilty of perpetuating the kind of controls which a dead-load on the economy.
Posted by: kittykat46
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December 15, 2006 06:17 PM
Is Soros meeting PM Abdullah Badawi? Or Soros bypass him?
Posted by: gunnena
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December 15, 2006 06:32 PM
Don't worry, Pak Lah is just a copy cat anyway. He holds all position as what TDM holds before handling over to him by TDM. He do all TDM do in his 9MP, he acts as what TDM acts, surely Pak Lah will entertain Jaws Soros one day.
No worry....be happy...
Posted by: BaganSPU
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December 15, 2006 07:24 PM
Time as you experience it is an illusion caused by your own physical senses and so it seems to you that one moment exists and is gone forever. Can you grasp and understand everything in the universe exists at ONE TIME, simultaneously? The past is seldom what you remember it to be, for you have already rearranged it from the instant of any given event. The past is being constantly recreated by each individual as attitudes and associations change. This is an actual recreation, not a symbolic one
And Jeff, are you see “doubles” SB in the “duo core” thing? Surely there must be a Lensa photo somewhere as proof?
Posted by: mwt
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December 15, 2006 08:49 PM
"little birds say our ......... refused to see him."
His advisers may have advised him not to, because he may embarrased himself or maybe even the country. He just don't not have enough up there to trade meaningful discussion with this man.
Or maybe ........ chickened out.
Or maybe Soros considers it a waste of time to meet him.
Posted by: Boleh!
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December 15, 2006 10:35 PM
and they both share a common enemy - President Bush.
Actually Bush brings a lot of people who are once enemy together.
Posted by: alvin woon
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December 16, 2006 07:52 AM
TDM didn't even apologise to Soros for making the false allegation against him 10 years ago. In contrast recently, UMNOputras kicked a big row over LKY's remarks on the Chinese in Malaysia which is true.
Posted by: Ron
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December 16, 2006 11:10 AM
How the captions should read of their meeting:
Mahathir: Hi Moron
Soros: Hi Menace!, but you are not Dennis!
Posted by: Observer
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December 16, 2006 01:00 PM
i think i agree with Boleh!'s comment.
AAB is not inspiring...saw some of his interviews on cnn..not impressed.
Maybe Soros did not want to meet him?
Posted by: art chan
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December 19, 2006 04:18 PM
It's sad that while Mahathir admitted that Soros wasn't at fault for the crisis but failed to apologize for the way he vilified him, it's just common human decency to say sorry when you realised that you were wrong.
Posted by: cic_lemur
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December 21, 2006 11:31 AM