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Bubbles are the talk of the town. Bubbles by which an increasingly desperate banking system is trying to increase asset values to support their debt collateral in a normal down trend that follows an overheated growth phase in economic fortunes. Strangely enough, everybody seems to clean forget the population bubble which runs alongside like the […]

Then and Now

*THEN you woke up in a cold sweat worrying about losing your better workers. NOW you wake up in a cold sweat worrying yourself sick about how to get rid of the bad ones. *THEN bosses kicked-arse to get things done. NOW bosses kiss-arse to lift their politically correct profile. *THEN you were a person […]

Feeling a little flu-ish?

Swine Flu, or cry wolf once too often? Swine Flu has been around ill-kept swine since the days of Noah’s ark, as has the danger of it swapping over onto their herders. That’s why one always protected oneself by instantly eradicating the source at the first sign of appearance and isolated effected areas until things […]

The IMF and the do-gooders

Haven’t you ever wondered where this spate of government’s interference, since independence, in what used to be personal choices and preferences, comes from? I mean, here we have parliaments the world over seriously struggling to deal with their normal workload of administering a country spending days, nay months, on such bickering issues as the magnitude […]

Swakopmund; the rape and pillaging of

What would be the most valuable heritage you could leave to posterity in an ever growing world, or shrinking planet if you prefer? Surely the maintenance of unrestricted public recreational space must be pretty near the top of anyone’s list of priorities. Particularly if you are public spirited and believe in the sanctuary of private […]

The crunch in a nut-shell

The current world economy, under the tutelage of a reserve USD and its IMF, is like a game of monopoly in which the banker-player is surreptitiously hiding a second game’s money bills under the table. To be employed at his own discretion and unknown to the rest of the players. It works for a while […]

Privatisation + Monopoly = Fascism

We were to meet at Black Rocks near Wlotties for a braai, to commemorate a sixtieth. Something, the braai part I mean, we’ve been doing off and on for about an equal time span. Imagine my surprise when out of the blue we encountered a desert literally crawling with heavy-duty plant and equipment. Frantically laying […]

Stocks halved again…

Could it be that we are still under the illusion that our elected leaders are there to help us instead of helping to rip us off?

The Great Disillusionment

America has a new president. A commander in chief nogal, not one of those wishy-washy prime ministers or chancellors some of the others have to content with. In view of the CRUNCH and based on the electioneering promises during the run-up, the population (of the entire world) expected a possible fresh wind that would curb […]

Stimulus mania or titillations for recovery

Instead of reducing taxes by 2Trillion and thereby allowing viable industry to pick itself up again by the scruff of its neck, the blithering idiots borrow 2Trillion in the name of their already anaemic Human Resources to allow the corporate deadwood and their robot factories to survive. All this in the name of transformation, equality, […]

Inflation and why it is inevitable

To swing an election  in today’s entrenched two party AAE (Anglo-American-European) democracies, only about 10% of the voting population is required for the ascendancy of one or the other. The remaining 90% are unwaveringly and firmly entrenched between left, right and couldn’t-give-a-damn, according to the latest cognition. Both chief parties have long since stopped bothering […]

G30 to the rescue again?

A Framework for Financial Stability they call it. G30, conceived in 1978 by the Rockefeller Foundation. Known specifically for their defence of the derivatives trade, by many conceived as the black hole of financial existence. Derivatives which I believe has its origin in the quest to magically create funds by robbing Peter to pay Paul. […]

It’s not only credit that got crunched, what about balls?

America, the land of endless opportunity. When we were kids, Cowboys and Indians was the preferred playground pastime and the “wars” fought between the Ford and Chevrolet camps are legendary to this day. Nobody had ever been to America or even knew an American, but the impact and admiration for America and its way of […]

Flying in Namibia and environs

Last time I hauled my carcass to the airport, en route to Johannesburg, it started to go wrong right away. First the obedience conditioning – queue-up and wait, then take off your shoes, belt, prostheses so that you can be taught to respect the authority of some incredibly dim-witted and carefully gender-sorted security handlers with […]

Fehlt der Deutschen Justiz die geistige Reife?

Von spezifischen Urteilen mal ganz abgesehen. Ich meine es war im Vorjahr und wenn ich mich nicht irre im Saarland. Es wurde spezifisch eine Richterin gesucht, um eine bestehende Lücke zu schließen. Diese Exklusivität in Sache Weiblichkeit im Justizministerium, selbst die letzte Instanz für das Antidiskriminierungsgesetz, sollte einer Klage fehlender geistiger Reife fast genügen. Aber […]

TS Eliot on political correctness

“Half the harm that is done in this world is due to people who want to feel important. They don’t mean to do harm, but the harm does not interest them. Or they do not see it, or they justify it because they are absorbed in the endless struggle to think well of themselves. There […]

Frau Merkel’s Applaus

‘Für ihre engagierte Rede vor den 1001 Delegierten in der Düsseldorfer Messehalle hat Angela Merkel achteinhalb Minuten Applaus geerntete’, laut Zeitungsbericht. Der arme Stoiber dagegen anderswo nur siebendreiviertel. Aber immerhin, alle Achtung, kein Reporter ohne Stopwatch. Ich gehe mal davon aus daß der Urheber der Berichterstattung gleich vorneweg auf die Tausend und eine Nacht Fabel […]

Naked shorts, or au naturel top executives

If I could just get my head around all that to me new fangled banking jargon. Short long debt against long short debt leading to short cash positions, which then don’t mature just when you think you’ve got it. But I suppose that’s why today’s banksters could get away with it. Most people just plainly […]

Bush – Washington

Bushy me ol’ mate, remember me? It is I who helped you out when the authorities wanted to lock you up because you didn’t have a Visa for South Africa. I hate to admit, but I’ve got a bit of a problem and I want you to have a word with that fellow Hank of […]

Freedom of choice; the rape and pillaging of

When future archaeologists sieve through the debris of our bygone era to find out what went wrong, or more succinctly, who exactly is to blame for the fall of the former western industrial empire. They need not look any further than to assemble the pieces of who exactly, which persons, were responsible for legislating so […]

Wall Street’s Corporate Electioneering Abyss

Primaries and/or elections have lately reached the no-rules street corner brawl stage. It is no longer important who is better, but who is worse. No proof is required how good you are but it is crucial in how bad a light one can billet ones opponent. Not uplifting of self, but downgrading of the opposition […]

Our Corporate

In the name of the Security, of the HealthAndSafety and of the HumanResourceManagement. Amen The gold price, unlike share prices, is in the short term not generally plagued by possible missed growth/profit expectations nor quarterly reports that could unexpectedly deviate from analytical projections. One could therefore reasonably exclude large natural market fluctuations in price at […]

Genetic discrimination

About finally loosing the plot altogether, or sanity in the dust. The US Congress has voted to ban genetic discrimination, 414 to 1, reveals Michael Kinsley in a TIME 19may08 essay. I’m sure no guesses are needed on this forum as to the one lone dissenter, Ron Paul. Kinsley calls him irascible but then who […]

Hunde wollt ihr ewig leben

Kein Mensch, oder wenigstens kein halbwegs Normaldenkender, würde sich von bellenden Hunden aus der Ruhe bringen lassen wenn es diesbezüglich nicht um die immer vorhandenen Ausnahmen ginge. Dem normalen Hund, als Gruppentier, ist es angeboren seine Gruppe vor Gefahren zu warnen in der uns wohlbekannten Form des Laut geben durch bellen oder kläffen. Welcher Unterschied, […]

The New American Dream

“Transformation” and its aim to change the racial and gender composition of ownership, control and management of global industry has been the new American dream. It surfaced with Carter and saw its illustrious peak during the reign of Clinton and his socialist henchmen across the pond. The man, subsequently destined by so many to stop […]

Das Kalkül mit dem Ausstand

Jedes lahr, mit beunruhigender Regelmäßigkeit kommt die Zeit der obligatorischen Lohnverhandlungen. Die Marionetten werden aus der linken unteren Mottenkiste geholt. Die von der Internationalen Arbeitsorganisation (ILO) sekundierten Ex-Ostdeutschen, Schweden und der Rest der Pseudosowjets spitzen ihre Bleistifte und stauben Monate der Untätigkeit rund um den kapitalistischen Fleischtöpfen ab, sich rüstend für die jährliche Scharade. Wie […]

Whitewash of BEE

The above article in Fin24 rambles on about the ins and outs of latter-day BEE only to conclude in what I consider the hight of today’s knavery and I quote Mike Wylie, chairperson of WBHO and co-chair of the construction transformation charter group, who said: ….the charter would pave the way to transforming the industry. […]

What is worrying the money moguls, lack of funds or lack of takers?

So, the banks are in danger of loosing their hair-raising loans? So what! Where did their easy credit come from in the first place? Savers? We’ve just been told there are no savers. Never before was the savings rate at the current low across the board. Ironically coinciding with the greatest credit spree the world […]