Wednesday, 19 November 2008

Kweku Kwarteng's Recent Bloomberg Magazine Interview

How, typical! Awurade Nyame, with respect, when will the well-educated morons who now rule us, ever remove their buried heads from the sand? Is the reality of the outlook for our economy, going forward into the future, not a gloomy one - just as it is for virtually every other nation on the surface of the planet Earth?

Apart from those tiresome "My-party-my-tribe-right-or-wrong" myrmidons, who wear blinkers permanently and are too thick to think, and too blind to see, do even the dimmest of Ghanaians not know that the economies of all our major trading partners have fallen into a recession, already, as we speak?

So does this well-paid buffoon not know that growth rate figures for the real economy in our homeland Ghana are headed nowhere else, but south? Do these shameless incompetents and crucifiers of poor Naana Fremaa Busia, not know when to put a stop to their endless dissimulation? Have they no sense of shame, at all? Ebeeii.

Was he not the same clown who was telling us, not too long ago, that they had to sell GT in order to raise cash, to, amongst other things, pay off that company’s “debt” - which they had foolishly assumed: even after handing over an "enlarged" GT to those foreign carpetbaggers for a song?

Did they not have to pass a law indemnifying the crooks amongst those who struck that egregious example of crooked privatisation deals (a deal jam-packed with the most unethical examples of insider-dealing, ever seen in the history of corporate Ghana), so as to protect themselves: in case there is regime-change someday?

Is it not a sad reflection of their lack of nous and gumption to think that a law that so brazenly goes against the constitutional edict that requires every citizen of Ghana to fight corruption (not aid and abet it: especially in cases involving foreign carpetbaggers engaging in a rip-off of our country) can really protect those who benefitted from that deal, ever?

Was the fire-sale of GT, not a more accurate reflection of our present plight as a nation: that of a highly-geared developing nation experiencing "debt distress"? And have they not piled up a large external debt for the sole reason that the few powerful and greedy crooks who dominate the regime that has given him that cushy sinecure, were using it as a vehicle for their personal wealth creation agenda - to enable them send their already high net worth into the stratosphere?

Who doesn’t know that our forays into the capital markets of the West - ever since they graduated from seeking funds in Chinese hairdressing salons, located in the seedy backstreets of London, to the capital markets of the West - did turn out to be nice little earners for those opaque offshore companies the rogues in this regime have set up to launder their kickbacks?

Have the sundry contracted loans and bonds issued overseas not been a source of hard currency kickbacks - being their share of the massive fees their regime-crony oligarchs in our Byzantine financial services sector have been earning - in that orgy of easy-money that dipping our toes in the piranha-infested capital markets of the West, represented? God, what effrontery!

Have they not destroyed the Volta Rver Authority (VRA) - by saddling it with zillions of dollars of debt: through their idiotic energy policies? Have they not piled up yet more debt for the Tema Oil Refinety (TOR), too: despite charging fuel users surcharges that never end and are never reduced?

So just what is this well-paid sycophant waxing so lyrical about? Pure nonsense on bamboo stilts! Some of us are just so fed up with such visionless and incompetent leadership. Period.

Hmmm, Ghana – enti yeawiye paa, enia? Asem ebaba debi ankasa! May God bless and protect our homeland Ghana, always. Long live freedom! Long live Ghana!

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