DEAR EDITOR – (In response to George Soros’ prediction that there will be further fall in world markets). It is a well known fact that Soros is funding regime change groups in many developing countries including Zimbabwe.
MDC and other civic groups in Zimbabwe have been recipients of such largesse.
It is interesting to note that Soros is predicting another fall in world markets. Soros has a track record of benefiting from market crashes. For example, after the 1987 crash (Black Monday) Soros made billions from hedging his bets on the UK exiting the Exchange Rate Mechanism. During the same crash (1987), Warren Buffet (a very rich American) bought shares in Coca-Cola for US 5.76 dollars per share and ten years later the share price had risen to US88 dollars. That is a hefty return on investment.
The above examples illustrate that for some rich people, the global financial crises is an opportunity to get even richer. Wealth like energy can never be destroyed.
What is happening now during the global financial crisis is that wealth is being transferred from millions to a few very rich people. If shares have crushed, one can buy them cheaply. If house prices are falling, one can purchase a house cheaply etc.
Now transferring this scenario to Zimbabwe, the question then arises why MDC-T wants the Finance Ministry. MDC-T has never even run a beer hall in Zim, why is it hell bent on getting the Finance Ministry. The answer is that for the MDC-T, it is payback time to its backers.
The payback will be in terms of making the resources of Zimbabwe accessible to MDC-T backers. Land, minerals and companies will be offered to foreign investors at give-away prices in exchange for stabilization packages.
There will be an irreversible transfer of wealth from Zimbabweans to foreigners (couched under the guise of property rights, land rights, mineral rights, international law etc).
There will be unprecedented asset stripping in Zimbabwe. That is why the MDC-T wants the Finance Ministry because it will be the international bankers running the show rather than MDC-T.
MDC-T behaviour can be likened to that of an arsonist who sets fire to a building and then hangs around to douse the flames and then claim to be the hero of the hour.
MDC-T set the economic fire that is raging in Zimbabwe by calling for sanctions against the Zimbabwean populace in the first place. It shows a callous regard for the Zimbabwean populace by the MDC-T to now purport to have the solutions to the situation they caused in the first place.
If the MDC-T party really cares about their fellow Zimbabweans, they should ask for the sanctions to be removed immediately.
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n/a • n/a Subject: Global crisis Tue, 14 Oct 2008 13:23:03 • Headline in Daily Mirror (14/10/08)--Tycoon's set for bargain amid misery-Topshop tycoon Sir Philip Green is on the verge of becoming the most powerful man on the high street after the collapse of Iceland's banks. He is close to a bargain deal to buy debt-ridden Icelandic chainstores owner Buagur.
Another commentator has observed It is said cash rich investors in the UK were waiting to pounce on bargains to take advantage of the ever weakening housing market, particularly in the South West, where the house price boom has been driven by people buying second homes and holiday lets. Transfer of wealth?
MDC-T 's end game with regards to Zimbabwe's economic turnaround warrants very close scrutiny.Zim could be in for a massive transfer of wealth to foreign hands under MDC-T stewardship of the economy as the above contributor has stated.
N/A • Morgan Subject: N/A Tue, 14 Oct 2008 11:58:42 • One plus one always equals two - The European Union is meeting at the end of this week to discuss extending sanctions against Zimbabwe. This explains Tsvangirai's behaviour over the past several weeks. He has been holding out on signing because he is anaticipating the extension of these sanctions. He had to provide a pretext for his backers to continue to make our life hell on earth. The sancitons will be extended and the deadlock will be blamed. Meanwhile, with grim determination, Britain has her nose firmly stuck to the window watching every event unfold in Zimbabwe. Britains thoughts are then relayed to the PavlovianTsvangirai who then passes them on to the world as his very own. Tsvangirai is Zimbabwe's nemesis. The misery will continue. Sancitons will be extended this weekend. Tsvangirai's behaviour over the past few days was precient. One plus one always equals two.
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