Wednesday, October 22, 2008

ECONOMICS DEDATE DROWNED OUT

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In the current era of global financial crisis , its amazing how petty politicking has overshadowed the crucial concerns of ordinary people in the electioneering campaign. Instead of the the "clean and issue based" campaign we were promised what we have is the traditional mudslinging and dirty politicking by the 2 major parties. fanned by the media the whole nation is engrossed in the lowest common denominator game of who is doing most of the insulting and whose insult is worst.

Technology and the credit cruch

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Will the credit crunch and the impending Recession affect Technology Innovation? Here in Ghana we have benefited in a limited degree from the gilded age in terms of technology We have seen enormous expenditure on research and development over the last decade after the Correction of the Dot Com Bubble that yielded some exciting and pretty useful technologies. Computing power has increased and more can now be done thanks to the availability of easy,cheap tech With the expected downturn in the economy most corporations will cut their R&D budgets

THE GULF IS WIDENING

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Inequality in the Ghanaian Economy is Getting Worse ...... and it Poses a lot of danger The 2008 edition of the Human Development Report gave some interesting illuminations on the direction Ghana is heading in its socio-economic development. One of the most critical concerns thrown up by the Index was the level of income inequality that characteristic the Ghanaian Economy. The non-redistributive growth we have had over the last 8 years have continued and even worsen. The HDI only confirms in scintific terms what we experince and notice arround us everyday in the streets and in the sqaulid villages and impoverished communities around the country.

THE COALITION OF WINNERS

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The Great and the Good of the Current Ghanaian Society Tightly Sympathetic to The elitist Sections of the Country In tune with the general trend of our society, a new culture of elitist patronage by the people in power. This presidency and their Strategist have done very well in drawing some very key people in society into its fold. When the president announced the nominees for National Awards this year, one could not help but notice the conscious efforts of the Government to reward and also tap into the popularity some particular individuals.This Government realizes how important it is to appeal to the masses through the patronage of the people the masses adore. They are acute aware of how quickly governments becomes popular through their actions or inaction. So they cultivate the popular figures in society who have a dedicated fan base and influence. The national awards nominees was virtually a roster of who is popular in Ghana. it did not in practice have anything to do with achievement or excellence.

Wednesday, October 1, 2008

GHANA BREAKS RANKS WITH ECOWAS OVER EPA

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... Further Sign of the Excessive Western Orientations of Kuffour's administration

Friday, September 19, 2008

THE LOOMING DANGER

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.... Without a Dramatic Change , this years elections will definitely be violent The whole country has decided to engage ourselves in self-delusion ,extolling our infinite virtues and non-violent nature. But we are definitely wrong as we have demonstrated our vile side time and again.Most of our leaders have simply closed their eyes to the glaring truth about what is about to hit us and instead engaged themselves in further self disillusionment.The signs are all clear that there is a massive potential for this terms election to be violent and riddled with problems. this elections will surely test the deepness and richness of our young democracy. The signs are so clear as events in the electioneering campaign unfolds. There have been violence all over the country associated with the elections. There is so much at stake in this elections and the direction of governance over the last few years makes most politicians think its a zero-sum game:winners take everything and losers take nothing.

WHAT GHANA MUST LEARN FROM AMERICA ON CAPITALISM

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... UNFETTERED FREE MARKET IS SUICIDAL Within a matter of i week the Republican(they are puritan capitalists) Governed US has dramatically moved against the tenets of their ideology and saved the American financial system by acquiring majority shares in Major banks that were in danger of failing. But here in Ghana the government does not protect business in trouble nor does it protect the economic interest of Ghanaian s o the pretext of " business is not the business of government" They even go further to divest well performing national assets to foreigners.