Note the headline says "ANC's Malema"
This article is from the San Francisco Chronicle. A Google search will confirm how the utter stupidity and moronic utterances of Idi-aMalema are spilling over internationally...Who needs enemies when you have friends like this?
Just one year ago the Country was engulfed in the euphoria of the soccer world cup and now it's strikes, revolution and nationalisation....What a drag...
July 16 (Bloomberg) -- Critics of a call by the African National Congress Youth League to nationalize South African mines and banks are full of "hot air" and offer no alternatives to the agenda for "real economic transformation," said Julius Malema, the League's president.
"All we hear from all these forces is that they are opposed to nationalization of mines and expropriation without compensation. They have no alternatives and proposals on how the country moves forward," Malema said in an e-mailed statement today.
Comments by businesses that the nationalization debate threatens investment and jobs in the country amount to intimidation, Malema said.
At a national meeting last month, the League called for "economic freedom fighters to intensify the battle for total economic, social and political emancipation of the black majority," Malema said.
Included in the organization's "program for economic freedom" is a call to put in place legislative mechanisms that "empower the state to expropriate without compensation for public interest," Malema said.
The ANC Youth League will talk to businesses and organized labor in the next few weeks about its plans to nationalize mines and banks, he said.
--Editors: Will Hadfield, Paul Jarvis
KAEPERNICK IS KAPUT! - It’s May and no NFL team has expressed interest in former San Francisco 49er quarterback Colin Kaepernick. I know. I too feel your pain. The Mercury News...
5 hours ago