Nationalising the Reserve Bank for the princely sum of R12 billion will, as we know, be of benefit to no-one in this country. It will not even satisfy the arrogance, vanity and stupidity of the ANC panjandrums for very long, as arrogance, vanity and stupidity is never satisfied.
Monetary policy is not determined by the private shareholders of the bank, but perhaps it should be, as the government‘s interpretation of “fiscal prudence” is clearly “let’s piss money down the toilet”. Can the Treasury just say NO? Is this possible? Can the Planning Commission speak with the voice of reason?
Can’t some organisation start a “How to spend R12 billion and actually make a difference to people’s lives” campaign?
Instead of making a few people very rich (Who are the SARB shareholders? Are they mainly white men? Would that be very ironic?)…
Build schools, buy books. Give doctors a pay rise. Establish a centre for homeless people. Help bright kids who worked hard at school to go to university. Build a wind farm – invest in sustainable energy models. Something. Get the entire ANC NEC a brain transplant. I swear that will be of benefit to millions.
For fuck’s sake.