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R300bn nuclear stations! Are they insane?

27 February 2012, 11:00
I am so damn mad! What I predicted is going to happen is....... going to happen. Page five of the Sunday Times, "SA ready to roll out R300bn nuclear stations." !!!

Can we not learn from the past? We have received this "loan" from the IMF, no doubt Christine Lagarde is behind all this. AND ".. French companies are eyeing possible involvement.." well of course they are! Like we do not have the knowledge, expertise and manpower to build one ourselves!

No, this is typical IMF, lend an African country 3 trillion to build something, anything.... pick one, a chicken coop that they do not need for instance, then send in their own experts, whose companies have investments in the IMF, so basically that African country pays them the money back, and South Africans DO NOT SEE the benefit of that money filtering through their own economy, no, some rich French company does and the money goes BACK to France. Then South Africans get to have the privilege of paying this money back, WITH interest to the IMF, where a European company has basically got their money back, WITH interest, and the South African tax payer, has to foot the bill. This is typical of how they have bankrupted and indebted African and South American countries. While Trevor Manuel was Minister of Finance, he took no loans and we owed nobody. Now we are on the slippery slope of debt, and unless we wake up, it will only get worse. The Arms deal was a perfect example, We have a very good arms industry, but instead of investing the money in our own industry, and creating jobs for South Africans, no....... the arms deal stipulated we had to buy useless planes and submarines from overseas companies! DO WE NEVER LEARN?

AND what is more, they want to build these Nuclear Power Stations along our coastlines. Have we learnt nothing from Chenoble and Fukashima? I do believe the rolling blackouts were a total scam, designed to put us in "crisis." Problem. So now we need "help," reaction, and the IMF jumps in"solution."

As I am writing this, a South African company has designed a Free energy home system, so South African home owners, after investing in the device, will not have to pay Eskom another cent. And mark my words, within two years, these systems will come on line for factories , shopping centres and airports, and Eskom will be stuck with a white elephant that the South African tax payer is going to have to pay for.

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