60 Seconds of Trump’s “Closing Bell”

Today, the 24th November 2020, as President Donald J. Trump is becoming the incumbent who lost and will not become the President in the next term. Held one of the weirdest Press Conferences. As he only gave the White House Press-pool 10 minutes in advance. That he would give a statement.

The briefest statement and the weirdest. Not the first or the last time he comes out praising the numbers of Wall Street. That the man is obsessed with the numbers of Dow Jones and NASDAQ is well known. The lame duck have loved those and shown to them as his achievements.

Alas, he is still keen on having this as one of the things he did in office. However, the one minutes remarks are saying a lot. His not helping the transition of Biden. He has been reckless in office, nearly only gone golfing of late and stifled the process of the finalization of the elections. That is the sort of behaviour his been up to. That is why the Transition of Power only started officially yesterday after days of knowledge that Trump had lost. He has still not officially concede and most likely he never will.

Trump might think the numbers-game of Wall Street will help him. However, his abysmal approach to the pandemic. As the numbers are soaring. The Thanksgiving travels will not make it less and cause more spread. The lack of Federal guidelines and regulations has made it more evident that this man doesn’t concern with the spread of COVID-19. His own White House has been hit too and himself have had it at one point.

The President is reckless and acting beyond ordinary measure. That he needed 60 seconds of praising the Wall Street out of nowhere is on brand. That his trying to look successful, even when most of the things his done is a failure. The man want to look great, but isn’t at all.

Trump uses the Presidency to enrich himself and not serve. That is why these publicity stunts happens and its serves no purpose. The Wall Street doesn’t need this. They are not served with the erratic behaviour of the President. The President isn’t delivering market stability or securing the financial stability in the long-run. His run the country possibly into another recession and possibly depression, because of the aftermath of the COVID-19.

The industries, the imports and the whole trade-wars combined with a pandemic will not only deplete, but make fiscal policy more relevant. As the markets are crashing, the lack of investment and the lack of buying is going away. The foreign investments are going down, as the foreigners has enough to keep their businesses alive at home. That is why this pandemic is hurting across the board and unemployment is growing world-wide. Not only in the United States.

The President and his team haven’t configured or delivered anything substantial to the devastating effects of the pandemic. So, even if the Wall Street is booming today. The quick rise might be a fluke and sudden start falling. As the realities of the lack of money in the markets, the prices will sour and the future isn’t that bright.

Yes, Trump is soon “Gone In 60 Seconds” and the Wall Street will anticipate the moves of the Biden Administration. What they will do and how they will secure the bull-market. As it has been bullish, but who knows when its crowding out or even becoming bearish. Nothing last forever… especially not in a cruel market as the Wall Street.

So, for Trump to praise a record doesn’t say much. It is only striking that he used 60 seconds and went away. That’s just depressing and weak. His ready to cheat on the golf course and not be in office.

President Trump praising the numbers is a useless expedition. Showing that his neither serving nor working for anything useful. He could work to ensure the stop of the spread. Instead, his doing this and it won’t amount to anything.

He only used a minute, which will go down as mockery of himself. Praising the traders and bull-market, but not being there for the Average Joe when they needed him the most. During the worst pandemic in living memory. He rather praise the returns on the stock-market, than actually do anything whole heartedly while still being in office. Peace.

Opinion: Museveni celebrates mediocrity in Gulu

NRM has done its work well. Talk about it proudly. We had shortages of sugar, soap, beer, sodas, cement and all other essential goods. Today we are talking of surplus of all those and our problem is marketing them. How can you say NRM has done nothing when shops are full of products?(manufactured here)” Yoweri Kaguta Museveni in Gulu (16.11.2020)

For being a man of so many promises, pledges, programs and development schemes. Him celebrating that there is goods in the shops and filled with localized products. Like that shows the growth, the greatness and the affirm leadership under him. That is just like Mwenda counting cars. It is the same sort of empty, wokoloso “hot-air” argument.

Banage, bambi… I would think a President of 35 years would have more to give. That a man who has run a Republic since 1986 would have more than soap, sugar and cement. If that was the industrial enterprises he would have offered. The man should surely have privatized most businesses, stopped the government control of produce and also industries themselves. This to get foreign investors, but also to get a hand in the pocket in any business deal there is. Therefore, to celebrate that shops has products is just weak tea.

The President could have said that he delivered things, but saying he brought maize flour and rice to the shops isn’t great, but expected. That the shops has air-time, bottled Rwenzori Water and Garden Tea shouldn’t be seen as superior, but that is normal trading. This isn’t something to scream of joy.

To celebrate this … is to celebrate bear-minimum and nothing else. It is like celebrating that people aren’t starving and are able to have nutritious diets. That should also be ensured and that nobody goes hungry. People should have food, shelter and water. Also, the opportunity to work and able to assemble political, religiously and get entertained, if possible. Therefore, to celebrate that there are units of goods in the stores isn’t a sign of a victor.

That is mediocrity. That is just not it. If that is what he says is good governing. He has lost the plot and lost his mind. This is not it. Unless, he wants to skate between the various of state lodges and State Houses to chill. That makes sense, because if his a lazy bugger in his advanced age. I don’t blame him. The man should have been retired already, just like the average civil servant. However, this man thinks his special.

Even if his offerings and his time in office hasn’t delivered. If having a Coke and Pepsi is a sign of what he has achieved. He surely have achieved little to nothing. The man should aim better and should have delivered much greater to the public. Especially considering the years and time he has had. Alas, that hasn’t been the priority, but everything else has been.

The President cannot bash himself in glory over this. That just shows his fatigue and his lack of concern of the people. He is just going through the motions and hope nobody breaks things down.

Well, what else could we expect? It is not like he has built a grand empire or a legacy worth a damn. No, it is all a game of longevity and surviving in power. It is not about delivery and being the best statesman ever. That ship has sailed and he gave up on that. The Self-Styled President for Life wouldn’t share, but prefer to eat all by himself. Peace.

The Bushiri Escape is straight outta of a movie..

Sometimes things are to good to be true. There are some stories that sounds like fiction, but is still happening in real life. In this instance, the story of Prophet Shepard Bushiri is one of those.

Yes, the man is the definition of a pastorpreneur, who set up churches like a business. The man is using the Enlightened Christian Gathering (ECG) and the Prophetic Channel as his company, which he profits massively from. This is the hustle of the man and his family. Both in Malawi and all the way to South Africa.

In South Africa, the authorities has charged the pastor for money laundering. The pastor has gotten bail with some strings. However, for some obvious reasons he has still been able to flee. Not by the plane of the President of Malawi. Who was passing by on a brief working visit. Even if there was speculations about that.

There are more likely ways he has done it. As he has been part of a Car Thieving Enterprise or a Syndicate who exports stolen cars from South Africa to Malawi. In this instance he fled through the borders together with sophisticated thieves. Straight out of a movie. “Gone in 60 Seconds – Bushiri Edition”. A road movie gone totally wrong.

Yes, a pastor/prophet should hang out with thieves, sinners and the lower class of society. That is to show interests in their plights and their needs. Also guide them to a better life and redeem themselves. However, if he joined these criminals. He most like entertained and bribed himself out of it all. Yet, again continuing to do illegal stuff to get away from money laundering charges. That is not repenting, but adding more sins. “Thou shall not sin” instead more “thou shall sin”.

Prophet Bushiri is in a league of trouble by doing this. He might been able to string along the flight, the ability to cross the borders and enter Malawi. However, why does he has a connection to thieves selling illegal imported vehicles? Is the reports true that he got a diplomatic passport? Why does a prophet have a diplomatic passport? Why did the judge accept the conditions of the bail? Is it true that the judge of this case is a member of his ECG church in South Africa?

Because, there are so much going on. The Malawi government haven’t entertained anything. While the South African authorities now have to issue orders and negotiate an extradition of Bushiri from Malawi to return for prosecution and face the charges on him. While he might have caused more counts of criminal cases as a fleeing suspect and involving himself with other criminal activity. This is all not good look on a pastor. Who is supposed to look holier than thou.

Prophet Shepard Bushiri only looks more guilty by fleeing and being a fugitive running away from the law. This is not the message and the thing that should haunt a prophet or a “Man of God”.

The way he fled and by the means of doing so… should be a movie. Also a lesson in how not to run a church and use the donations to the “works for God”. Because, this seems illegitimate and insincere at best. When he goes with criminal syndicates to be able to flee from a Court Case. That is what I am seeing…

Prophet Bushiri should know better, but he used his station and possible laundered money illegally out of South Africa back to Malawi. That is something he got to answer too and address in the Courts. Not run away, because that suspects his ill intent and also his guilt.

He needs to be brought back to South Africa and face justice. His not above the law. The man could have used his ministry for good, but instead sponged on it. If he was sincere and honest. The man would have stood tall in the Courts and not fled with a bunch of thieves. Peace.

 

Opinion: Kushner is the Prince of Nepotism

Jared Kushner the White House Senior Advisor and Son-in-Law of the President. His only there because he married into the First Family and married the favourite daughter of the President, Ivanka Trump.

Jared wouldn’t even had a thought or anyone caring about him politically if it wasn’t for the blessed gift of nepotism. He wouldn’t be hired to the White House and all the roles he has around the President. If it wasn’t for his family association.

Jared isn’t in Washington D.C. because he is well seasoned politician, educated and has progressed in life on his own. The only way he made it in New York and was able to run in Real Estate. Was that he took over for his father and participated in the same slum-lord business. That is what he does for a living and what the Kushner’s are known for.

With all this in mind, this man shouldn’t lecture people on ability to reach success. This man has gotten everything in life handed to him. Jared haven’t worked hard a day in his life. His a entitled douche who is trying to lecture African-American. That they are lazy and they could succeed too.

If Jared had been raised in Inglewood, Compton or in Long Island. Than, he could have proven himself. However, this man was raised with a silver-spoon. Raised in wealth and in the ranks of wealthy New Yorkers.

Kushner’s are these kind and the father paid him to a Ivy League school. Not because Jared has the skills, but because the father had the dough. That is how easy life has been and then he married into the Trump family. Therefore, he could enjoy the spoils of the White House and the deals made with foreigners to bankroll their life-style.

That is why Kushner should go off his high horse. This man should actually work a day in his life. Not like his a factory worker or even worked from scratch. Jared couldn’t even reason or understand the troubles of the middle America. He has even less of understanding of the minorities, which he tries to lecture on Fox News. He should call Ice Cube like ASAP to gain some knowledge.

Kushner is acting entitled and arrogant. Jared is the Prince of Nepotism. Who is telling others how to be successful. He should shut-up and drink his soy-latte. Not tell others how to do it. Jared is the wrong man to do so. Peace.

Amuru Land Grab: The Legacy of Atiak Sugar Factory

Today on the 23rd October 2020 President Yoweri Kaguta Museveni commissioned Atiak Sugar Factory. This is not without consequences. The industrial enterprise has cost two thousands citizens their lands.

It has been years since the 11th December 2014. There been reports that the Madhvani Group have used land for big sugar-cane plantations, which are the producers for the Atiak Factory. This has been the reason for the land grabbing and forced evictions of the Acholi. The Madhvani Group established their Amuru Sugar Works who was getting 40,000 hectares of land.

The state will proclaim the amount of people working there and families, which is supposed to participating in the enterprise. They are only proclaiming the great things. However, not telling the costs in Amuru district or amount of forced evictions. Neither, addressing the bailouts of the investor. Who is behind the Sugar Factory either.

Today, that should not be forgotten. People have died in protests over the years. There been naked protests and MPs arrested over this. Therefore, the Atiak Sugar Factory has created issues. These should not be forgotten in the starting of production at the factory.

The factory is partly owned by the state and Horyal Investment Holdings Company Limited. Atiak Sugar factory located in Gem Farm, Atiak sub-county, Kilak County, in Amuru District. In Okidi North there are residents who said their was kicked out by the building of the factory and the land. The total of people in articles mentioned is about 80 people. As the Atiak Factory and its estate covers about 16,000 hectares of land. There been speculation of about 80 people thrown out of their lands needing redress for losing their land.

Therefore, there are plenty of scandals in the building of this factory. That they didn’t clear the legalities before the Madhvani Group or Horyal Investment Holdings got their land. This should have been fixed before the citizens was thrown away from their land without any compensation becoming Internally Displaced People (IDPs) in camps. That has happen in this regard, but the President only wants to praise for the industrial enterprise itself.

This factory needs to be remembered for all the folks who lost their land by the state and foreign investors who got it. Because, this wasn’t just a small token and building a factory somewhere. No, this was forcing an industry into an area. Bailing out an investor (Horyal) at least once, maybe twice in the years since 2016. Also, giving land cheaply to Madhvani Group to produce sugar-cane. Therefore, this isn’t a success, but a depressing move into modernity and producing of sugar.

It isn’t sweet, but it is instead bitter. Peace.

RDC: Ministere des Finances – Communique de Presse (20.10.2020)

The UTL Saga: The state salvages the debt to resurrect the Walking Dead

This Mango has gone through a lot. A former state company sold to Libyan investors and after the Libyan credit started to fail. The Ugandan Telecom Company (UTL) or Mango started to suffer too. The Telecom have been so hard hit that three years ago the state had to take it over.

There been so many twists and turns, where the company have been rumoured and speculations. Even the Minister and owners was speculated to moved to a shell company in Mauritius. Therefore, today’s sudden windfall and paying off debts. Is only bailing out a sinking ship and hoping it still doesn’t sink.

The UGX 45.6 Billions to the TDB (Eastern & Southern Trade & Development Bank). With this payment of this debt. The state is initially taking over UTL. This as they plans to make the UTL attractive to investors again. Mango haven’t been viable for years…

The Libyan Post ditched in March 2017 and since then it has struggled. The Libyans said the Government of Uganda needed to figure out a transformation plan for the UTL. It has clearly taken three years to figure this out. That nobody wanted to takeover the loans of a company, which haven’t invested in Telecommunications in years. Where the changes of mobile data, 3G and 4G networks for smartphones. The UTL haven’t had the funds or the ability to change with the times.

UTL is struggling because the state haven’t been able to save it before now. The regime needed over three years to figure this out. This with the steady leadership of Evelyn Anite, Frank Tumwebaze and Gen. Kahinda Otafiire interfering all at different times. While they have all done their part … it still took the Committee until now to secure payment for the debts. This should have been resolved earlier, if they intended to make it viable business.

In 2017, Anite even wanted all Ugandans for Patriotic reasons should have one UTL line. Maybe, she thinks everyone has a Airtel, MTN and could have UTL sim-cards in their phones. As the usual person should have at least double or dual sim-cards.

This all been a long lasting saga, which shouldn’t take this long. It is a fledging company. A former state corporation privatized and sold for scraps to Libya investors. Who earned on it in the good times, but ditched it when it got hot. Because, it been years since the UTL been viable and been a commodity.

This Mango is rotten. The Mango tree isn’t yielding any fruits anymore. This is a Walking Dead Enterprise. A Telecom who has no traction and is only throwing good money for bad investments. The money could have been burned in a street or thrown down a storm-drain, and it would still have more sense then investing it here.

UTL is being saved, but was it worth saving? Does it have any assets or financial liabilities worth mentioning? The competitors are miles ahead and the UTL needs huge investments to be in the same arena. Do they think another investor will spend money like a drunk uncle in a market, which is already filled with big companies. Who has small margins and higher taxes.

Therefore, the ones doing it … has to be regime “friendly” and willing to throw away good money for a bad investment. Peace.

South Sudan: Government of Central Equatoria State – Gubernatorial Order No. 14 (16.10.2020)

Brexit: Prime Minister Boris Johnson letter to the MPs (16.10.2020)

Brexit: Boris thinks bullying Brussels gives him the result he wants…

Prime Minister Boris Johnson who has signed a revised Withdrawal Agreement (WA) and has a deadline of 31st December 2020 to end the transition period between the European Union and United Kingdom. That is all making sense.

EU negotiator Michel Barnier and the European Council have put out a statement on the 15th October 2020. Where they put forward the guidelines, yet again. While the Tories, David Frost and PM Johnson thinks they can move the goal-post in the final stages of the negotiations.

The UK are now asking for the trade agreements in line with Canada and Australia. This will not put forward the statutes, articles in the WA and the troubles of Internal Market Bill. The Tories are still playing the game of “what we want, we will get and forget old agreements”.

The funny thing about this. That the agreement made between UK and EU isn’t an old age agreement from a far forgotten past. No, it was made by the same government in negotiations with the EU. The European Council and EU 27 Member States has agreed upon this. Therefore, it is a significant deal, which settles the foundation of the relations between the two parties.

Alas, Boris wants to alter that now. Just mere 10 weeks ahead. While there are two more scheduled meetings and talks. The Prime Minister is putting forward talks of trenches and going to the barricades. As he knows his just playing for his base. The PM is doing this charade and mockery of a public display. He should know, that when you agreed upon certain things. It is a bit late to back-track just mere months ahead of deadline.

The Prime Minister Johnson is now trying to pull the pix-and-mix Brexit and the Red-White-Blue Brexit of Theresa May. This is 2020 and the Tories are still not sure what sort of Brexit it wants. It wants the best of both worlds. It wants to be a non-member, but also doesn’t want to honour the agreement it has already signed. That is showing what sort of disgusting leadership is in London.

London wants to bully Brussels. Brussels, the EU Commission and EU27 have been clear. There is no vindication for the Tories. It is just like a entitled brat wanting more candy, when the store is already closed a few hours ago. The parent have to give the kid a lesson and explain why its not possible.

The PM have to accept this and understand this. The only ones losing on this sort of public play. Is the British public and all citizens of UK. They are pawns by the leadership in Whitehall and Downing Street 10. Who are playing with their futures just to look good. While not making sure the best interests are made with the EU.

Instead, over Christmas an uncertain future is ahead, the UK is sailing alone and with possible “no-deal”. Which is affect all parts of society, most likely a higher inflation and hitting businesses in the midst of recession and a global pandemic. That is what the Tories are willing to do.

Just to look good on Prime Time TV and feed the Brexiteers in their homes. Who doesn’t see the damage it does, until it hits home. Peace.