it is an open secret that access to higher learning in south africa and africa generally is higher. this is because of many variables which for the sake of space and time we shall not discuss here. one burning issue though is access, funding and maintaining students that are already in high intitutions of learning by giving financial, moral, academic and other forms of support for african students. it is for this reason some student movemnet organisation exist, to give support to needy students.
it is estimated that -4 out of ten students in first year actually graduate. is'nt it interesting? south africa in particular spends a considerable amount of the budget on education, health and skill development yet we still dont get the desired results. for instance upfront payment at Wits university in 2004 was below R3,000 yet in 2010 it was R6,600 and again it is suggested that next year it will incerase to + - R7,300. this is a clear indication that education is becoming commercial at the expense of poor south africans. although it has been said that this will not affect students on national financial student aid scheme (NFSAS) it was not metioned that NFSAS is not a busary but a loan! the suggested increment in the upfront payment was given no justification as far as the students are concerned, besides that the university is running at a deficit.
recently the SRC president Bafana Nhlapo and many others in the university have been individually taken into disciplinary hearings but what is more interesting is that they are representing student political organisations yet they are prosecuted individually? this is a deliberate attempt to indermine and intermidate the possibility of a strike this year and we will be told to bend over and we would....NEVER. when universities run out of funds the easiest way out is to increase fees yet Vice-Chancellors recieve bonuses from the the board, have private chefs in their offices among other poorly justified benefits.
if education is commercialised, any logical person knows what it means. it means more academic exclussion for poor black students on the basis that they cant pay their fees, blocked students cards and education will only be available to those that have money. when we black students protest we are excluded and undermined by disciplinaries that are aimed at weakening the unity of students....sadly many of these ideas are not spoken of in public cause you never know who is listening because you might end up not even finishing your degree and go back to the poverty you so desperately ran away from. where do we go to? im scared!! i want my mummy....
Thursday, August 26, 2010
Wednesday, August 25, 2010
how and why money is created?
out of all the intitutions in the world from religious, to culltural and political institutions only one institution in the world is not challeged, The monetary systerm! ever wonder who creates money? how money is created and why? well, the answer is simple! the monetary system has been created in a sense that no one questions its legitimacy. i mean ever wonder what is sustainable about anything in this capitalist world? nothing! from the shoes you wear, the car you drive, sadly even theenviroment you live in.
modern money machanics was a document sent to the sanate in the USA and it begins by stating its objetcive "The purpose of this booklet is to describe the basic process of money creation in a "fractional reserve" banking system". it then continues what overwhelming economic terms to explain how money is created and what gives money "value". basically say the USA needs $10 billion it makes an application to the federal reserve to loan them the money but whats interesting is that the USA also prints impressive notes and calls them " bank reserves" and just like that the US has $10 billion more on their money supply! so whats the point? the point is the US makes a loan but never actually pays the loan back! so money is created out of debt! in other words debt is money and money is debt...
take it like this, every note of money ypu have in you wallet is owed to somebody by somebody. meaning if every one in the world including business and governments managed their budgets well, there would be no single note available in circulation. what this means is everysingle one of us is working for banks, you make a deposit of $100 in the bank the bank keeps a "fractional" of 10 % to be available to you and then the 90% is available for new loans. this simply means that money can only be created out ot debt, meaning there will always be people in our societies who are poor and in debt. i mean the monetary system makes sure that you work and not have enough money so you can go work again next month to pay off the things you could not afford to pay last month.
economists use big terms like inflation, hyperinflation, defaltion and other terms that an avarage person like you and i cant understand. for instance inflation simply means "a persistent, substantial rise in the general level of prices related to an increase in the volume of money and resulting in the loss of value of currency". get it, zimbabwe today had hyperinflation meaning high inflaation because they had printed more money which made their money to lose "value". funny isnt it? so who decides what currency had value and which one does? i am afraid that one does not have all the answers but the point is that it is high time that intitutions like the International Monetary Fund (IMF), the World Bank, the reserve bank (of any country starting with the US), the federal reserve and other such intitutions be questioned on legitimacy and what gives them the right to take one money reserve 10% of it and make someone a loan out of someelses money and still charge interest on the money they never owned in the first place. less than 5% of the worlds money supply actually exists the other +90% exists in computers only. so if that is the case it means that some pockets in our societies will always be left out, simply because the money is not there for everyone! who usually gets left out? you got it right...the Black and uneducated. so how can be solve problems of unemployment, poverty, femine and stavation if there is not enough money in the first place?
keep this in mind money is debt and debt is money. why? the answer is simple you are working for banks and fore-mentioned intitutions and as long as they exist there will be pepertual debt. but is'nt this slavery? you said it! is to make YOU the UNEDUCATED BLACK to be poor and in debt so you would keep working for them!
modern money machanics was a document sent to the sanate in the USA and it begins by stating its objetcive "The purpose of this booklet is to describe the basic process of money creation in a "fractional reserve" banking system". it then continues what overwhelming economic terms to explain how money is created and what gives money "value". basically say the USA needs $10 billion it makes an application to the federal reserve to loan them the money but whats interesting is that the USA also prints impressive notes and calls them " bank reserves" and just like that the US has $10 billion more on their money supply! so whats the point? the point is the US makes a loan but never actually pays the loan back! so money is created out of debt! in other words debt is money and money is debt...
take it like this, every note of money ypu have in you wallet is owed to somebody by somebody. meaning if every one in the world including business and governments managed their budgets well, there would be no single note available in circulation. what this means is everysingle one of us is working for banks, you make a deposit of $100 in the bank the bank keeps a "fractional" of 10 % to be available to you and then the 90% is available for new loans. this simply means that money can only be created out ot debt, meaning there will always be people in our societies who are poor and in debt. i mean the monetary system makes sure that you work and not have enough money so you can go work again next month to pay off the things you could not afford to pay last month.
economists use big terms like inflation, hyperinflation, defaltion and other terms that an avarage person like you and i cant understand. for instance inflation simply means "a persistent, substantial rise in the general level of prices related to an increase in the volume of money and resulting in the loss of value of currency". get it, zimbabwe today had hyperinflation meaning high inflaation because they had printed more money which made their money to lose "value". funny isnt it? so who decides what currency had value and which one does? i am afraid that one does not have all the answers but the point is that it is high time that intitutions like the International Monetary Fund (IMF), the World Bank, the reserve bank (of any country starting with the US), the federal reserve and other such intitutions be questioned on legitimacy and what gives them the right to take one money reserve 10% of it and make someone a loan out of someelses money and still charge interest on the money they never owned in the first place. less than 5% of the worlds money supply actually exists the other +90% exists in computers only. so if that is the case it means that some pockets in our societies will always be left out, simply because the money is not there for everyone! who usually gets left out? you got it right...the Black and uneducated. so how can be solve problems of unemployment, poverty, femine and stavation if there is not enough money in the first place?
keep this in mind money is debt and debt is money. why? the answer is simple you are working for banks and fore-mentioned intitutions and as long as they exist there will be pepertual debt. but is'nt this slavery? you said it! is to make YOU the UNEDUCATED BLACK to be poor and in debt so you would keep working for them!
Tuesday, August 24, 2010
xenophibia or Afrophobia?
a fear of foreigners or strangers? is it really? i think the government or rather the media was quick to name the attacks "xenophobic attacks" because if we work with the about definations it does not make sense. i mean the questions that should be asked are, why are they only aimed at black african nationals? why are white foreigners called investors ans tourists? foreign nationals live with us and they are not strangers to us. because the term "xenophobia" would mean that we do not know these people
lets see where they started and why in order to understand why they happened. we should also not promote any kind of violence to our fellow africanas. we are africans and w should stick together and help one another
lets see where they started and why in order to understand why they happened. we should also not promote any kind of violence to our fellow africanas. we are africans and w should stick together and help one another
the rainbow nation during the world cup
it is an open secret that sport in south africa has always been racially divided partly because of the previous regime but also because of the financial aspect of it. for instance it costs more money to play golf or cricket than it is to play soccer or netball hence we still find today that rugby is still dominated by whites.
it is equally interesting to find that during the FIFA would cup lots of whites in south africa suddenly supported soccer alongside their black fellow citizens but during PSL games we hardly see them at soccer mathes. one is not implying that whites were not supposed to be a part of the event but the point is they acted a "unted front" but we all know they never supported bafana some went as far as suporting European teams during the world cup.
south africans were mislead and told that the world cup would bring a lot of capital for the poor population but the reality was that only FIFA official patners really benefited, for instance you could'nt get a pepsi inside that stadium because Coca Cola was the official partner. i was personally one of the many south africans who were informally selling to visitors beverages and one has to point out the appalling conditions these people, myself included has to work under. some exists were closed for "security" reasons channelling costomers to one direction hecne most informal traders went back home with most the food.
while black south africans were working hard to make a living and taking opportunity of the world cup there were many measures in place to prevent black people from benefiting in any way, for instance some people stood at traffic lights to sell flags etc but some advocated that these people be arrested why because thay are blcak and they are not FIFA official partners....
its also amazing that white and black south africans stood behind their team but soon after the world cup, everything got back to "normal" blacks went back to making more money for the white elite and the whites still cotinue to exploit blacks. lastly, foreigners were suposed to have an african experiece but i doubt they did casue they were more whites in soccers city than ever before. why? because tickets were expensive to a point that only a few blacks could afford them. why? becuase you are Black!!
it is equally interesting to find that during the FIFA would cup lots of whites in south africa suddenly supported soccer alongside their black fellow citizens but during PSL games we hardly see them at soccer mathes. one is not implying that whites were not supposed to be a part of the event but the point is they acted a "unted front" but we all know they never supported bafana some went as far as suporting European teams during the world cup.
south africans were mislead and told that the world cup would bring a lot of capital for the poor population but the reality was that only FIFA official patners really benefited, for instance you could'nt get a pepsi inside that stadium because Coca Cola was the official partner. i was personally one of the many south africans who were informally selling to visitors beverages and one has to point out the appalling conditions these people, myself included has to work under. some exists were closed for "security" reasons channelling costomers to one direction hecne most informal traders went back home with most the food.
while black south africans were working hard to make a living and taking opportunity of the world cup there were many measures in place to prevent black people from benefiting in any way, for instance some people stood at traffic lights to sell flags etc but some advocated that these people be arrested why because thay are blcak and they are not FIFA official partners....
its also amazing that white and black south africans stood behind their team but soon after the world cup, everything got back to "normal" blacks went back to making more money for the white elite and the whites still cotinue to exploit blacks. lastly, foreigners were suposed to have an african experiece but i doubt they did casue they were more whites in soccers city than ever before. why? because tickets were expensive to a point that only a few blacks could afford them. why? becuase you are Black!!
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