Another instalment in the march towards tyranny

Posted 24 April 2017

The Hate Speech Bill is a ridiculous attempt to protect 17 different categories of perceived victims from insult or injury. Of course, it does not pass the Constitutional test, but perhaps it is not intended to. It allows politicians to indulge their favourite pastime of race-baiting to distract from their own failings. Former Judge Rex van Schalkwyk explains what is going on. 

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How to stop the sale in execution scam in its tracks

Posted 19 April 2017

It is reckoned that 100,000 South Africans have lost their homes since the Constitution came into effect in 1995 – despite its guarantees of fair administrative justice and its supposed enforcement of property rights. This outrageous scandal has been enabled by insouciant judges and a court system that operates as the enforcement arm of the banks.

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Absa and Standard Bank face big fight over internet fraud

Posted 18 April 2017

Several people, who have each lost large amounts of money due to Internet banking fraud, are taking their fight to ABSA and Standard Bank – with legal action on the cards. The victims say numerous banking staff members must have been involved. The evidence suggests the crooks knew exactly what funds were available in the victims' accounts, which accounts were linked, and from where money could be transferred. 

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Tens of thousands of protesters take to the streets to denounce Zuma

Posted 09 April 2017

Tens of thousands of South Africans took to the streets in major cities across the country last week, calling for President Zuma's removal. This follows Zuma's dismissal of finance minister Pravin Gordhan as part of a cabinet reshuffle that resulted in SA's credit being downgraded the junk by credit ratings agencies. 

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The world's best economist explains how banks have captured the wealth of the world

Posted 09 April 2017

Michael Hudson is a former bank economist whose job it was to work out the balance of payments surplus of South American countries so the major banks could capture this surplus for themselves. In his new book J for Junk Economics, reviewed by Paul Craig Roberts, Hudson explains how banks have become the new "rentier class" that has displaced the feudal lords of old. They produce nothing, but capture rents in the form of interest that have no costs associated with them. 

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ANC allies turn on Zuma - call for his resignation

Posted 05 April 2017

The SA Communist Party, trade union federation Cosatu and leading ANC figures have called for President Zuma to resign following his firing of Pravin Gordhan as finance minister last week. This comes as S&P announced a credit-rating downgrade that left SA on junk status with a negative outlook. Zuma removed Gordhan using a bogus intelligence report to justify the move to ANC officials. He is now appealing to provincial ANC leaders to buttress his support, but the tide has turned against the president, who appears to have grossly misread the public outrage triggered by last week's cabinet reshuffle. 

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Is ours a superficial democracy?

Posted 04 April 2017

Democracy cannot simply mean voting every five years. Participation is a crucial ingredient that breathes substance into the system. It also breathes legitimacy and longevity into the mandate the government receives every five years. Without the government ensuring meaningful participation, ours is a superficial democracy that, only on paper, is distinguishable from dictatorship.

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Doug Casey on The Diamond Age

Posted 31 March 2017

International investor and author Doug Casey writes that the world is entering the Diamond Age, where nation states will disappear and groups of like-minded people will organise themselves into clans in pursuit of freedom and optimum survival. Far-fetched? Maybe. But the evidence of social atomisation is already visible all around us.

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Zuma goes for the nuclear option

Posted 31 March 2017

To hell with the rand, the ratings agencies, the people of South Africa. President Zuma is a desperate man with bills to pay trying to stay out of jail. His cabinet "reshuffle" has the fingerprints of the Guptas all over it. He sacked finance minister Pravin Gordhan and put a dandy in his place. No matter that the rand lost 6% this week. Zuma wants a finance minister who will sign the nuclear power stations cheques and green-light all manner of suspect deals. This is now an open declaration of war, and the fight back has begun. 

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David Rockefeller dies - the MSM airbrushes his deadly role as slavemaster

Posted 28 March 2017

David Rockefeller Sr passed away earlier this month at the age of 101. In death, as in life, he remains the scourge of conspiracy theories the world over. He presided over the shadowy Council for Foreign Relations for decades and is widely assumed to be a key architect in the "deep state" government that survived more than a dozen presidents since World War 2. So who was this man, and what did he really stand for?

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Rand tumbles on fears that Zuma will replace Gordhan as finance minister

Posted 27 March 2017

After a strong surge in recent weeks, the rand reversed some of its gains as speculation spread that President Zuma intended replacing finance minister Pravin Gordhan. This time, the economic fundamentals for South Africa are on a firmer footing, but the president seems oblivious of the damage his arbitrary policy making causes to the country.

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Columnists are a useless breed

Posted 26 March 2017

Columnists are the rodent class of journalism. They tell their readers things they already believe. They are expected to take an ideological position and never stray from this. They end up spewing unoriginal, predictable and only mildly controversial ideas.  

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Start land reform by distributing govt land to the poor

Posted 23 March 2017

The government seems to have an abiding disinterest in real land reform, other than as a race-baiting tactic. The evidence of this is the fact that somewhere around a quarter of all land in the country belongs to municipal governments. If it was serious about land reform, why not start here and distribute some of this idle land to the poor, writes Martin van Staden.

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Dudu Myeni's time at SAA may be up

Posted 22 March 2017

Monyweb reports that SAA chairperson Dudu Myeni's time may be up. Earlier this week the SAA Pilots Association and Organisation Undoing Tax Abuse filed a case against her in the South Gauteng High Court to have her declared a delinquent director over several financial irregularities and allegedly incompetent dealings. 

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Mining investors rate Congo over SA for mining policy

Posted 21 March 2017

There has, quite appropriately, been much wailing and gnashing of teeth over South Africa's lamentable performance in the Fraser Institute's survey of the enabling environment for mining investment. In terms of one of the Institute's two indices – ‘policy perceptions’ – South Africa is the third worst performer on the African continent, writes David Christianson of the Institute of Race Relations.

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Concourt rules that social security paymaster contractor must continue

Posted 17 March 2017

The contract allowing Cash Paymster Services to continue paying social security grants has been extended for another year, according to Business Day. Chief Justice Mogoeng Mogoeng (pictured left) had clearly lost patience with Social Development Minister Bathabile Dlamini over who exactly was going to pay out grants come 1 April.

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Helen Zille on fake news versus truth

Posted 16 March 2017

“Speaking truth to power” is how many journalists describe their role in society. It’s a bold claim and serves a clear purpose: to occupy the moral high ground, especially in relation to politicians who are often depicted as bottom-feeders in the algae of political pond-slime. Helen Zille examines the state of the news business.

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How the black market is saving two countries from their governments

Posted 11 March 2017

In desperate times, it is the black marekt that saves countries from their incompetent and rapacious governments. Two examples are examined in this article from TheAntimedia.org: Venezuela and Greece. To which we might add Zimbabwe and, increasingly, South Africa, where the shadow economy is reported to account for 25% of GDP. Governments traduce black marketeers as tax cheats and call them other horrible names, when they should be celebrated for pursuing the purest form of free enterprise. 

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Castro, the darling of the left, created an apartheid hell in Cuba

Posted 08 March 2017

When Fidel Castro died, the mainstream media in South Africa and elsewhere were beside themselves with grief over their fallen hero. If you are not a sufferer of Castrophilia, it is obvious that there is nothing good to say about this mass murderer, except that he was lucky enough to live into his 90s within 90 miles of the US coastline.

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Wrecking queen Dudu Myeni's reign at SAA may soon be over

Posted 08 March 2017

SAA chairperson Dudu Myeni's time at the airline may soon be over. This week Organisation Undoing Tax Abuse and the SAA Pilots Association brought an application before the South Gauteng High Court to have her declared a delinquent director. This is the first time in history an executive in a state-owned enterprise has been charged in this manner.

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The Cape Times has become a purveyor of fake news

Posted 06 March 2017

Veteran journalist Ed Herbst catalogues the instances of fake news coming out of the once venerable journal, The Cape Times, since Aneez Salie was appointed editor three years ago. This, of course, follows a pattern of journalistic outrages since Iqbal Surve acquired ownership of the newspaper. Take a look for yourself.

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Individual liberty has been corroded by self-serving politicians

Posted 02 March 2017

Individual liberty has been corroded by self-serving politicians, to the point where our rulers are emulating the apartheid social engineers who came before them. Medical students are required to enter the service of the state, businesses cannot chose whom they employ, and the unemployed are denied the right to enter into free association with employers at a mutually-agreed wage. This is what has become of the noble struggle for freedom that birthed this nation, writes Temba Nolutshungu of the Free Market Foundation.  

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Gordhan's growth targets best served with a pinch of salt

Posted 28 February 2017

Come budget time, government habitually overestimates growth. That throws out budgeting forecasts and would help explain the R30.4 billion shortfall in revenue collection last year. But 7 out of the last 8 budgets have over-estimated growth, so we should treat government forecasts (and budgets) with a pinch of salt, says Moneyweb.

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Gordhan's budget may not save SA from ratings downgrade

Posted 23 February 2017

Finance minister Pravin Gordhan's 2017 budget was probably the best he could do under the circumstances. It was probably enough to stay ratings agencies’ hands but SA remains on the brink of a downgrade and political uncertainty could tip the scales, economists warn. 

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Can Herman Mashsaba clean up the corrupt mess he inherited in Joburg?

Posted 22 February 2017

Joburg's new mayor Herman Mashaba inherited a frightening mess of corruption and graft in Joburg. City employees are being fired daily, and a special Forensic Unit has been set up to deal with the volume of corruption and fraud being uncovered. Sara Gonn at the Institute of Race Relations looks at what's going on in the city.

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