Everything leftists like requires a euphemism. Foreign invaders are “undocumented immigrants.” Sex-change procedures are “gender-affirming care.” Killing inconvenient babies is “reproductive healthcare.” South Africa’s impending tax on being Caucasian is a “transformation fund.”
Newsday quotes President Cyril Ramaphosa:
“The government will set up a transformation fund worth R20 billion a year over the next five years to fund black-owned and small business enterprises.”
For wealth to be handed to people for being black, first it must be confiscated from the whites who created it.
The President said the government will continue to use all available policy levers to deconcentrate ownership.
Deconcentration of ownership. Now there’s a blue ribbon euphemism for looting.
Sakeliga is a nonprofit business organization whose mission is to “restore economic order.” Its chief economist Russell Lamberti comments on the transformation fund, which he calls a “white tax”:
“Beyond the ethical issue, it still represents a considerable cost. This cost can easily be ratcheted higher at the government’s discretion.”
You can bet it will be, until the last penny has been either stolen and wasted or driven out of the country.
The greed is compounded by race-based malice:
“One of the mechanisms the government has used for decades is race-targeted restrictions on economic activity, primarily targeted against white people,” [Lamberti] said.
“There is a regulatory onslaught and a desire to restrict economic participation on the basis of race.”
Those in charge aren’t bright enough to worry about whose money will fill their slush fund after whites have been prevented from generating wealth.
When mass immigration and the welfare state have allowed Democrats to achieve their Holy Grail of minority status for whites in the USA, similar policies will soon follow.
This comment has nothing to do with the post. I haven't been able to the last few days. My thoughts and prayers are with you and the Mrs Karl.
ReplyDeleteThank you, Toot. We appreciate it very much.
Delete(Was there a problem posting on this site or were you having problems posting in general?)
I was informed that there was a problem for a couple of days posting comments on Blogger accounts. I guess it got corrected today.
DeleteI had the same issue. Hope.you are feeling better, Karl!
DeleteTom762
Thanks, Tom. .... Well .... I'm still here.
DeleteI wonder if they are gonna tax other blacks "immigrating" into the soon to be failed and devastated South Africa? Just goes to show, most women and most blacks cannot govern a city or a country. Every time it has come to pass, both have ruined cities and countries.
ReplyDeleteAny blacks immigrating into SA will immediately be put on the welfare/reparations list.
DeleteBlacks as a whole, as a society, do NOT built anything constructive. Very few, if any, cities or countries with blacks or women at the helm are able to create anything but a "gimme dat" economy and a "shit in the street" mentality and those areas shrivel and die unless they steal from the whites that are stupid enough to remain in those areas.
Half a century ago South Africa could be consider a first world country. It is now racing down to and below turd world status at warp speed. Pretty much any white person there who can leave has or soon will. Then the ground apes nominally in charge will whine and cry for help....from white countries.
ReplyDeleteAfter all the examples of killing whites and then the country turns into a shithole, you'd think those barbarians would get a clue. If you have a mud hut culture, that's all you're going to have unless you let other cultures that are better than you take part in the running of the country. They never learn.
DeleteThe Boer and the Arfikanner saw the place as paradise. The natives had it good then, as long as they didn't get uppity. They did, White man left, and it a shitshow now. Obviously the White man's fault.
ReplyDeleteLet them sink!
Tom762
It's ALWAYS the White mans fault.
DeleteWe have plenty of liberals and traitors in the government to put together a YUGE spending bill to help them out when they ask.