The Origin, Evolution and the Inevitable Demise of Money Part One.
Also read:
The South African version of Greg Smith, Goldman Sachs and the New York Times:
http://www.fin24.com/opinion/columnists/speaking-truth-to-power-20121030
Archive for October, 2012
The Origin, Evolution and the Inevitable Demise of Money Part One
October 30, 2012In the dark recesses of the convoluted African mind of the Bama
October 21, 2012This is not a parody; it is a study based on long research for a book on Colonialism but only a tiny extract from it. I must keep this short but if all goes well you will recognize it one day in the future.
Africa is a strange continent; it is not a romantic place as depicted in the movie Out of Africa; it is not one Nation and merely happens to be a Continent though that is merely an English word for a large land mass. There is also no such being as can be called an African; using the word would normally indicate or imply some cohesiveness or a frame of mind but it does not exist in Continental Africa.
Let us leave that for History a few handed years down the road; there is the small matter of Election 2012 requiring attention today.
It will be the first time in American History and for that matter the first time ever that a man has been President of any country in the World and yet without getting to know the real person or the mind[s] that put him there.
The rhetoric and the romance with Africa that put the Post Turtle on the Post in 2008 have all gone this time. Why is nobody asking for a repeat? One answer to that question might well be that the Post Turtle handlers knew that it can only be done once.
Take this any way you want to; but do take note.
The Bama had nothing to do with his Election four years ago; he was in a haze, doped out of his mind; acting as programmed by his handlers. Nobody will ever know for sure who done it or how; where he was born is of no consequence any longer [probably never was] and once the smoke clears the man, the Bama, will slip into a footnote at the bottom of history.
They had programmed him and his mind to fight against “four more years of the same” against Bush when he didn’t know or even understood that he was running against somebody with a different name than Bush; they did however, prove that it was a winner slogan, though a once in a life-time one; this time round he doesn’t seem to understand who is actually running against him and his programmers have lost their way. Obama has become irrelevant.
It will be nice to see America actually electing an American for President in 2012. Heck, it’s only sixteen days left according to my computer chip calendar.
Dedicated to my friend and 2008 Blogging tutor buddy Elcampeador at:
Feel free to email me at:
An Interlude on Academic Wealth Distribution
October 19, 2012I freely admit that I enjoy satire; must secondly also admit that virtually any Academically inclined Prognosis on Financial matters give me the giggles; consequently I may as well admit that a recent Post by a South African Academic of note made me laugh so long and very loud too that my neighbors had to come in to subdue me before the police would have come to place me under arrest for laughing loudly down the streets and causing a public disturbance.
The highly esteemed Academic going under the name of Chris Malekane of Wits, one of our great University Institutions well known around the Globe, produced this marvel of modern Academic profoundness:
Read it and spent some time browsing through the flood of comments.
My learned Research Colleague obviously chose to ignore all work readily available on Colonialism and the part it played in bringing development to the World; the creation of Trade, the discovery and development of mineral resources and the benefits of education, Capitalism and International Trade between the nations of the World.
He obviously also doesn’t understand that The Wealth that this brought to our land has already been distributed fair and square.
He doesn’t know much of the recent History of the land either and I will enlighten him briefly, speaking from memory to avoid too many links and references to material that should be freely obtainable. Let me just summarize.
Unbundling of colonialism of Africa started in full earnest in 1957 and was completed by 1980. In each and every instance the Oligarchy to take over as Government redistributed the Wealth.
Allow me a few statistics from South Africa. In 1977 the personal Income tax rate for taxable incoming exceeding R 28 000 per annum was taxed at 72%; e.g. let us take a person who had a taxable income of R 328 000 in 1977. He would have paid the basic tax on the R 28 000 plus a full R 216 000 of the remaining R 300 000, thus leaving him with R 84 000 plus the remainder after tax on the basic R 28 000, probably leaving him with a total of around 100 000 bucks.
Now bear in mind that in that year and all along until 1993 the country had 78 individuals in this position sometimes referred to as the Super tax Bracket for people earning more than R 250 000 per annum. They were all entrepreneurs; not a single salaried person ever got even close to that.
Until 1994 that is; the new Oligarchy regime in Governance was keen to rectify the imbalances of the bad past; after all voting for it setting their own salaries at around R 60 000 for starters then moved it real fast up to R 100 000 per month. By the end of 1994 the original 78 in the Super tax Bracket had increased to about 3 000 souls; by the end of 2000 the numbers had risen to [my guess] about 10 000 souls and the salary levels to R 250 000 per month as against the old R 250 000 per annum. Old age pensions and disability income protection for the unfortunate ones have continued to grow at snail’s pace and now stands at just a little over a breadline R 1 000 per month.
The original 78 were probably all Caucasian [maybe one or two exceptions] but almost the entire 10 000 new additions are all Black.
By now the Oligarchy of 10 000 also practically owns the right to any new mineral exploration; they control it and have made it clear that there is no need to nationalize it because they have effective control over all mineral and mining rights in any event. Other resources such as Construction and Transportation are controlled by them too and one can anticipate that the ranks of the 10 000 may swell to around 15 000 where it will more or less stabilize and no more newcomers will be allowed in.
Surely yes, at the level just below the 15 000 we have maybe another 100 000 or so drawing good salaries of between R 25 000 to R 50 000 per month but it is a limited membership. Most are black and about half will have to be female; that’s the law.
Professor, Doctoro my learned Research Colleague, there is not going to be any more distribution of wealth. Five hundred thousand new learners will leave school this year with their High School certificates in hand; a few with connections and/or family in the élite group of 15 000 will go onto University and a few of them will be allowed into the privileged circle of the neo- rich as older ones die but the rest of the 2012 school leavers will join the lines of the unemployed.
That’s reality, my learned colleague. The present élite 15 000 in charge of the Oligarchy Regime Governing our land will not allow any further re-distribution of any wealth. They intend to keep it for themselves, for their families and their Friends.
Ike Jakson
Feel free to contact me at ikejakson@gmail.com
For America of the 49 States
October 6, 2012It is already October 6th at exactly 6:18:57 AM according to my computer as I start this on the keyboard; out your way some of you are up to nine hours in the past still but I am doing it for my future reference.
There is pretty little that I can do about your Election 2012; in fact I can do nothing about it but cling to my guns that I don’t have, my religion that means more to me as I mature and I don’t have it in me to say that I live with any audacity of hope.
What I do know is that from one point of view it is not important whether the Bama is re-elected in a month from now or not; what is important is what the voters are going to do.
Africa’s fate is sealed and cannot be changed. It is going back in grand style to what it always used to be. They always relished it and it is quite evident they are relishing the return to their old ways.
Don’t let it happen to you, America.
Outside Waynesville going west towards Cherokee NC there is a roadside lookout high up near the summit just before you get to the sprawling RV Park on left. In July when the heat zaps you down in Georgia I drove Jakkie up in the mountains; roof and cab aircon running all the time because it was hot. Something made me stop to admire the view. As I descended the two steps of the van and then took two steps away I had to dash back in for a windbreaker; there was a gentle fresh cool breeze blowing on my back from the north.
How I would love to have been there now.
Keep America good, fellows; for you, your children, and for me if I ever find a way of coming round one more time before I have to cross the river that we all must do some time or another.
God bless you.
Dedicated to:
JP, Lady BD Denise of bydesign, Bob Mack, David of Nebraska, Nolanimrod, Cheechdawg of Iowa, towp, boudicabhi, Christopher Aus Trier,
Bergrivier Municipality YES YOU CAN
October 3, 2012This ole hound ain’t a’sleepin yet! The Bama His Highest self said: YES YOU CAN again and again; didn’t He.
You have read
https://ikejakson.wordpress.com/2012/09/24/bergrivier-municipality-aka-bergmun-piketberg-wc-rsa/
Now read the result:
http://www.fin24.com/MyFin24/One-up-for-the-little-people-20121002
YES YOU CAN!
Please do the right thing November 6th.
Jaksonian Philosophy 