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   News » July

Aug 2005 Jul 2005 Jun 2005 May 2005 Apr 2005 Mar 2005 Feb 2005 Jan 2005

Condoms: a Dreaded 'white' Invention

July 21, 2005

According to a Sapa report, a Kenyan MP said, during a parliamentary session on Thursday that “Condoms are inventions by mzungus (whites) and should therefore be banned.” The enlightened gent in question, Ramadhan Kajembe, MP for the Changamwe district, said not only were condoms “mzungu things” but they are also painful to put on. Furthermore he found advertisements for condoms offensive. Kajembe’s sensitivities notwithstanding, it’s a mystery why he would find them painful to put on. Perhaps he isn’t doing it right. At any rate, judging from his remarks, he and our own health minister would no doubt have some lively debates on the topic of HIV and Aids.

An old proverb reads: “there’s one born every minute.” Presciently, the proverb is referring to people who purchase guaranteed weight-loss pills, miracle cookware, the London Bridge, and basically anything else you can think of. And luckily for fraudsters, the old saw is true. Take the newest scam, as described by Absa. “In this fraud clients (prospective buyers) receive a pamphlet indicating that a certain company is advertising the sale of certain assets/articles. In a few cases that were recorded already a company advertised repossessed vehicles. If interested in the vehicles, clients have to send an SMS message to a cell phone number which appears on the mentioned pamphlet. A person from the company would then reply per SMS or telephone call instructing the clients (prospective buyer) to deposit an amount into a nominated account. The promised vehicles are however never delivered to the clients (buyers).” No kidding. Any moron who thinks he can buy a repossessed vehicle via SMS deserves to lose his money. One born every minute indeed.

When Greenspan speaks, the world listens. It’s partly because of his job – as chairman of the federal reserve he sets US monetary policy, which is a pretty important thing – and partly because he seldom speaks without carefully weighing his words. In his monthly testimony before Congress, Greenspan noted that there appear to be “signs of froth in some local markets where home prices seem to have risen to unsustainable levels”. This may not seem like much to the uninitiated, but for Greenspan, a master of understatement, this is like shouting “Beware the bubble” from the rooftops. As proof, those simple comments, plus a few lines about “the significant rise in purchases of homes for investment since 2001”, Greenspan sent the US press into a mad tizz – Google news easily produced about 1 000 stories on the imminent house price bubble burst. Of course, it remains to be seen whether his wise words will have any effect. After all, the last time he warned about “irrational enthusiasm” in 1996 it took five years for the IT bubble he was warning about to burst. So perhaps we oughtn’t to hold our breath.

Source: http://www.moneyweb.co.za

 
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