Wednesday, October 12, 2011

Occupy What Street? Kenyans Know Better.

Occupy What Street? Kenyans Know Better.
Kenyans seem to be smarter than Americans, now before you start frothing in mouth preparing halfhearted attempts to oppose the above statement, let me give you hints why this is so. Over a period of a almost a month now I have been following an amorphous movement in the United States which started under the romantic banner of; ‘occupy Wall Street’ on satellite television. Flipping channels from the; CNN, Sky News, Al-Jazeera, BBC, Russia Today and Press TV, the self-proclaimed mouthpiece of the pious Iranian theocracy has its own advantages, it broadens the whole picture. The CNN, Sky News and the BBC will sort of tuck occupy wall street in between The news, Al-Jazeera might give the movement some air paly whereas the Press TV and Russia today will spend days on end explaining to their global viewer why a crumble of contemporary American Society is imminent but inevitable. Through both brilliant and bigoted economic-financial punditry on world media I have come to the conclusion that occupy wall street is an amorphous and directionless movement which will eventually dissipate once the snow fall starts falling in winter.
Protesters in occupy Wall Street seem blonde at best and seem increasingly oblivious of the crux of issues that beleaguer the American economy. Protesters in their lack of political hindsight have mounted an incessant campaign against alleged ‘Wall Street Corporate greed.’ Whereas I reckon that greed in any form and on any street is supposed to be frowned upon, occupy wall street seems to forget that ‘it takes two tango.’ The movement seems to selectively forget that only a while ago US politicians through flawed policy were in bed with the greedy corporate heads of wall street. Politicians though being as smart as they always are run off from the seen shouting, ‘it was’t me’ pointing an accusing finger at the Wallstreetians. The shortsighted American public is now baying for the blood of the woman forgetting that it takes two to tango.

Occupy wall Street seem to forget that Capitol Hill is not as blameless it portrays itself to be. The American government through flawed fiscal policies should claim its fair share of blame with regards to debilitating economic conditions confronting the American people. The lack of adequate fiscal oversight by the American government meant that ‘profits were localized to a few minority while risk was distributed to entire populations’ not to mention that the exchequer was responsible for pumping billions of dollars as bail out funds into reckless investment banks.
In another continent and in Kenya to be exact we have a very strong sense of who is to blame for stagnation within our society. In Kenya a bottle of standard malt beer goes for 100KSHs (1US$D), much more expensive than a packet of maize flour which retails at 150 KSHs (1.50US$D). As a Kenyan I have to say from the onset that I do not care if sugar in the shop shelves comes from Mauritius and not Mumias in Western Kenya as long it is cheaper on my pocket, I also do not care whether maize comes from Malawi or anywhere else as long as it is cheaper than locally produced maize.
Yet the politicians and the government lies at the heart of this anarchic economic situation. ‘Crony capitalism’ allows the politicians to extract rent from business cartels who on their part torture Kenyans through inflated commodity prices.
The grim economic labyrinth is painted by the situation below; a bag of 50kg bag of fertilizer goes 50 US$D, yet the government has continuously refused to license more fertilizer importers and license another bulk grain haulage player at the Port of Mombasa, something that eventually drives the cost of all loose cargo imported through the cost of Mombasa. The government wants Kenyan consumers to continue paying through their teeth for Kenyan sugar, yet the production cost of Kenyan sugar is 4 times more expensive than sugar from Mauritius or Uganda. Yet the president recently accented into a price control bill that is supposedly make things better for Kenyans.
That is why on 15/10/2011 we shall not turn on diligent business men. We shall be shall march along Haraambe Avenue on our way to parliaments buildings. Because we are determined to stone the philanderer before he deflowers another good woman.

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