Electricity Minister Kgosientsho Ramokgopa says there is a way to shave off 6% off proposed power tariffs.
He says this can be done by staving off carbon tax and recouping municipal debt.
He was briefing a Parliamentary Portfolio Committee alongside energy regulator, Nersa. #eNCA #DStv403 #questionthinkact
FULL INTERVIEW HERE: https://www.enca.com/videos/discussion-restore-power-grid-sorting-out-municipal-debt-can-reduce-tariffs
Prepare for dollar destruction and the coming monetary transition by getting your silver and metals here: https://sdbullion.com/jjbbbb (you also help out this channel by using this link).
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Who are the dominant owners of U.S. public debt? Is it widely held, or concentrated in the hands of a few? Does ownership of public debt give these bondholders power over our government? What do we make of the fact that foreign-owned debt has ballooned to nearly 50 percent today? Until now, we have not had any satisfactory answers to these questions. Public Debt, Inequality, and Power is the first comprehensive historical analysis of public debt ownership in the United States. It reveals that ownership of federal bonds has been increasingly concentrated in the hands of the 1 percent over the last three decades. Based on extensive and original research, Public Debt, Inequality, and Power will shock and enlighten.
At publication date, a free ebook version of this title will be available through Luminos, University of California Press’s open access publishing program for monographs. Visit www.luminosoa.org to learn more.
Debt as power is a timely and innovative contribution to our understanding of one of the most prescient issues of our time: the explosion of debt across the global economy and related requirement of political leaders to pursue exponential growth to meet the demands of creditors and investors.
The book is distinctive in offering a historically sensitive and comprehensive analysis of debt as an interconnected and global phenomenon. Rather than focusing on the historical emergence of debt as a moral obligation, the authors argue that debt under capitalism can be conceived of as a technology of power, intimately tied up with the requirement for perpetual growth and the differential capitalization that benefits ‘the 1%’.
Their account begins with the recognition that the histories of human communities and their natural environment are interconnected in complex spatial and hierarchical relations of power and to understand their development we need to not only examine the particularities of a given case, but more importantly their interconnected, interdependent and international relations. Since debt under capitalism is increasingly ubiquitous at all levels of society and economic growth is now the sole mantra of dominant political parties around the world, the authors argue that tracing the evolution and transformation of debt as a technology of power is crucial for understanding the ‘present as history’ and possible alternatives to our current trajectory
How can running improve your physical health and fiscal fitness? By combining what makes novice runners and struggling debt dumpers successful – The Power of Community. 76% of Americans are living paycheck-to-paycheck. By applying principles common in training for long distance races to personal finances, The Great Debt Dump will show you how to take your finances across the finish line and accomplish your goals. The GREAT Debt Dump… • Provides practical tips to help you break free from debt’s stranglehold • Teaches you how to leverage the Power of Community in order to win with money • Offers tools to help you successfully achieve your financial goals • Lays out how dumping debt will improve your credit • Highlights resources to make budgeting a regular part of your routine • Walks you through a step-by-step plan to build a solid accountability team
Debt as Power is a timely and innovative contribution to our understanding of one of the most prescient issues of our time: the explosion of debt across the global economy and related requirement of political leaders to pursue exponential growth to meet the demands of creditors and investors.
The book is distinctive in offering a historically sensitive and comprehensive analysis of debt as an interconnected and global phenomenon. Rather than focusing on the historical emergence of debt as a moral obligation, the authors argue that debt under capitalism can be conceived of as a technology of power, intimately tied up with the requirement for perpetual growth and the differential capitalization that benefits ‘the 1%’.
Their account begins with the recognition that the histories of human communities and their natural environment are interconnected in complex spatial and hierarchical relations of power and to understand their development we need to not only examine the particularities of a given case, but more importantly their interconnected, interdependent and international relations. Since debt under capitalism is increasingly ubiquitous at all levels of society and economic growth is now the sole mantra of dominant political parties around the world, the authors argue that tracing the evolution and transformation of debt as a technology of power is crucial for understanding the ‘present as history’ and possible alternatives to our current trajectory.
States, Debt, and Power argues for the importance of situating our contextually influenced thinking about European states and debt within a commitment to historically informed and critical analysis. It teases out certain broad historical patterns. The book also examines the inescapably difficult and contentious judgements about ‘bad’ and ‘good’ debt; about what constitutes sustainable debt; and about distributive justice at times of sovereign debt crisis. These judgements offer insight into the nature of power and the contingent nature of sovereign creditworthiness. Three themes weave through the book: the significance of creditor-debtor state relations in defining asymmetry of power; the context-specific and constructed character of debt, above all in relation to war; and the limitations of formal economic reasoning in the face of radical uncertainty. Part I examines case studies from Ancient Greece to the modern Euro Area and brings together a wealth of historical data that cast fresh light on how sovereign debt problems are debated and addressed. Part II looks at the conditioning and constraining framework of law, culture, and ideology and their relationship to the use of policy instruments. Part III shows how the problems of matching the assumption of liability with the exercise of control are rooted in external trade and financial imbalances and external debt; in financial markets and vulnerability to banking crisis; in the character of the ‘private governance of public debt’; in who has power over indicators of sustainability; in domestic institutional and political arrangements; and in sub-national fiscal governance. Part IV looks at how the problems of mismatch between liability and control take on an acute form within the historical context of European monetary union, above all in Euro Area debt crises.
Brooklyn based author, artist and life coach – Ayana Hinton – debuts her memoir “You Can’t Charge Spiritual Debt to a Credit Card: 13 Keys to Spiritual Power” at a time when people are hungry to know what their purpose in life is. In this book, Ayana Hinton, dissects the anatomy of life crises in order to harvest some of the most powerful, beautiful and difficult life lessons from her journeys.