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Showing posts from January, 2011

Treason, Recession, Freedom, Energy, Employment, Health

We just heard that the UK is entering a "double dip recession." The recession that most of the Western World is in is not going to stop. It cannot end while our focus is on the tertiary services sector, whilst our secondary productive sector's resources are outsourced to the cheapest bidder, partly because of minimum wages, and partly because our capitalist leaders and government think they can make more money and profits by this outsourcing. It is narrow minded, myopic thinking and it is treason!

Part of our productive resources are our power stations. South Africa will spend about R2 trillion over the next 20 years on new power stations. Most of this money will leave our country; it will create relatively few permanent jobs; it will ruin our environment; our balance of payments will continue to skyrocket; and it won't help the recession to end; because we will be beholden to our major creditors, China and Germany. China is growing at 10% whilst the rest of th…