corruption (3)

Africa

For what exactly are we praying?

president-mahama-with-priests.jpg?width=650So, once again, the president assembled some Christian priests and together they prayed for the nation. At the end of the jamboree, they declared a 7-day prayer for the country.

Ah!

Are we ever going to learn in this country?

Readers will agree that this column has consistently maintain the principled stance that prayers are no substitutes for thinking and planning.

My younger brother’s favourite saying is: ‘Prayer is not a strategy,’ and I fully subscribe to it.

It is difficult to know for what exac

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                                                              From The Ramparts

                                             Junious Ricardo Stanton

                       International Bankers Are the Blame For the US Financial Implosion

 

“The latest stage in the bankruptcy hearings has highlighted the role of the banks in wrecking municipal and family finances across the country. Detroit had one of the highest percentages of subprime loans—many from Countrywide, which was taken over by Bank of Am

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The D Word

From The RampartsJunious Ricardo StantonThe D Word“At the root of the banks’ problems are the large losses they have undoubtedly taken on their securities and loan portfolios. But they don’t want to recognize the full extent of their losses, because that would likely expose them as insolvent. So they talk down the problem, and ask for handouts that aren’t enough to make them healthy (again, they can’t reveal the size of the handouts that would be necessary for that), but are enough to keep them
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