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The 2012 budget: by the ruling class for the ruling class
Written by Shawn Hattingh Monday, 27 February 2012 13:52Once again much media fanfare has broken out in aftermath of the South African state’s budget speech. The budget, however, is yet more proof of the ANC’s ruling class agenda: free markets, budget cuts for the poor online casinos that accept us players subsidies for the rich. From the budget online casinos that accept us players other utterances it is clear the ANC has, despite media hysteria, no interest in nationalisation. The state will, therefore, try online casinos that accept us players deal with the global economic crisis largely through business-as-usual.
They've Tried Everything: What Now?
Written by Leonard Gentle
The world is tipping over into unknown territory. All the pundits are now starting to agree with US economist, Nouriel Roubini, famous for his prediction of the 2008 financial crash, that a second recession is inevitable. South Africa’s Reserve Bank governor Gill Marcus has also added her voice to the chorus warning of another “Lehman type event.”
Since the last recession, the major governments have spent in excess of $24trillion bailing out the banks, dwarfing the money spent on rebuilding Europe under the Marshall Plan. online casinos that accept us players yet despite all the talk of recovery these measures have only taken us back to where we were in 2008...only with apparently no further options available.
Meanwhile the call from economists is for the politicians in the US online casinos that accept us players the EU to get their act together, to “act decisively,” to “satisfy the jittery markets.” It’s now all the fault of the politicians.
All Geared Up for a New Growth Path – On the Road to Nowhere
Written by Shawn Hattingh Thursday, 14 July 2011 11:19
It has become common knowledge that South Africa is the most unequal country in the world. Only 41% of people of working age are employed, while half of the people employed earn less than R 2 500 a month. Worse still, inequality is growing with wages as a share of the national income dropping from 50% in 1994 to 45% in 2009; while profit as a share of national income has soared from 40% to 45%. In real terms this means that while a minority live well – online casinos that accept us players have luxurious houses, swimming pools, businesses, online casino usa s, online casinos that accept us players cushy positions in the state - the majority of people live in shacks or tiny breezeblock dwellings, are surrounded by squalor, online casinos that accept us players struggle on a daily basis to acquire the basics of life like food online casinos that accept us players water. Likewise, while bosses, state managers, online casinos that accept us players politicians – both black online casinos that accept us players white – get to strut around in fancy suits barking orders; the majority of people are expected to bow down, do as told, online casinos that accept us players swallow their pride.
Swallowed by Mzansi[i]: South Africa’s ruling class in Africa[ii]
Written by Shawn Hattingh Friday, 10 June 2011 11:12
Originally published on anarkismo
The IMF online casinos that accept us players Trevor Manuel: A Plague on Both their Houses
Written by Leonard Gentle Tuesday, 31 May 2011 12:25
The arrest of Dominic Strauss-Kahn (DSK) on allegations of attempted rape certainly has got tongues wagging. In the Guardian newspaper, French journalist Angelique Chrisafis alleged that DSK “always had a problem with women.” Also writing in the Guardian, Dean Baker, co-director of the Washington DC-based Centre for Economic online casinos that accept us players Policy Research, notes how ironic it is that the immigrant hotel worker who made the allegations may simply have been dismissed under the “flexible labour market policies” so favoured by the IMF, had she not been in a job protected by a trade union.
- Libya online casinos that accept us players the BRICS: Currency Wars, Imperial Wars online casinos that accept us players Popular Uprisings
- The Global economic crisis online casinos that accept us players the Fourth World War
- The G20 Summit: More Imperial Lies
- South Africa’s Elite Join in the Plunder of Nigeria
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