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Showing posts with label debt. Show all posts
Showing posts with label debt. Show all posts

Monday, 29 October 2012

Public School fees - Becoming unaffordable

 

The Basic Education Minister Angie Motshekga of South Africa is ''shocked ''and ''angry'' about  the increase of school fees next year.

There has been a meeting about the increase and some schools have hiked the price to R30 000 per year per person.

This is frightening, because if you have 2 or 3 children it will be like R100 000 per year - most parents cannot afford this. Which means that children wont be able to get a education.

On top of this electricity bills that already  increased by 148% in the last 4 years - will double again in the next 5 years. Add the Rising petrol prices and food prices allot of families are not going to be able to afford living  - already this is happening.

According to the basic education Education Minister Angie Motshekga there is nothing that can be done to stop the rising prices for education.

The question to be asked is where does the tax-payer money go? Ask any South-African and they will tell you - in the government officials pockets. But there is basically nothing being done about that.

Something that will help allot is if the tax payers money was actually allocated to where it is needed - like education fees. Instead millions, if not billions already, go towards big palaces and parties and mansions and friends and family.

Corruption is disrupting and causing suffering for South Africans.

IN a Equal Money System education will be one of the basic needs and a given - no paying for education. Electricity and food is also a basic need will be provided for all beings.

Go to www.equalmoney.org and vote on the policies in your future.

FREE educational course just launched - http://lite.desteniiprocess.com/

Monday, 6 June 2011

SA’s Debt Trap Widens

 

Half of South Africa's credit-active population is drowning in debt – evenmoneyaccountsIcon though  interest rates are at their lowest in 29 years.

47% of the 19 million credit-active consumers have impaired records. The debt to income ratio stands at 78.5%. This means that for every R100 each household earns, R78.50 goes towards servicing debt.

It is horrible that the only way to get a home is through debt. We as humans need shelter, food and other basic needs to survive and people are profiting from this exploitation.

In an Equal Money System we wont have to repay for the rest of out lives just to survive. We can stop the fear and start to live.

Let us consider an alternative system that provides for and includes everybody. Then we start with the REAL living of LIFE.

Monday, 16 May 2011

Greece a Barren Land

 

A wood cutter was sitting with a problem. A year ago he ran out of trees to cut as his land has become barren. He neeHandsHoldingSeedlingded the wood so that he could sell it to feed himself. When he ran out he borrowed wood from neighbours and promised to give back what he owed when his land has regrown trees, with interest of course.

But his land was barren, long ago stripped from its fertility to support new growth.

Now he needed to repay the wood he borrowed and restore his land for trees to grow. And so he made a deal hoping it would solve his problems – To borrow again to repay his debt and enough young trees to plant on his land so he could start over. Just enough to Bailout himself from the debt.

But the fertiliser ran out! The wood ran out again. The wood cutter is sitting with a problem.

The Greece bailout was a failure. The reason they were in a crises in the first place – getting into allot Debt – didn't change after the Bailout. You cannot have new growth on  barren land. So they inevitably ended up in the same position they were.

And the world Economy is based on debt. The only solution would be to change the system  -  Into a system where the wood cutter wont need to sell the wood in order to survive. Where his needs are taken care of and thus debt would be non existed:

Equal Money System where no land will be barren.