Daily Archives: March 19, 2017

10 Facts to Know About the Stock Market Crash of 1929 – Lombardi Letter

Posted: March 19, 2017 at 4:58 pm

Here Are the Top Ten Stock Market Crash of 1929 Facts 1. It Could Happen Again

The first fact to know about the stock market crash of 1929 is that a similar crash could happen again in 2017.

The second fact is that a similar crash today could cause aneconomic collapse worldwide. The 1929 crash happened when the world was less interconnected. It affected mostly the United States and Europe. The next one will be more inclusive.

The Great Depression of the 1930s is the name given to the great economic downturn in the heart of Western capitalist economies following the 1929 crisis. Before breaking down this key historical event in a series of facts, a stock market crash of 1929 summary is necessary.

The 1929 crisis happened so quickly that panic was societys first response. Some historians have gone asfar as describing it as a psychological crisis, even more than an economic one. No doubt, the fact that so few had expected the Crash of 1929 showed that American capitalism suffered from the disease of excessive optimism and even self-reference.

The latter point, the self-reference, refers to the tendency of many American investors in the 1920s to ignore what was happening in Europe. That failure to readclear signals accounted for the shock. Nevertheless, the stock market crash of 1929 was a process that lasted a week and three disastrous sessions that began on October 24, culminating on Tuesday, October 29.

The third fact to know about the 1929 crash is that it was not a single-day event. The crash began on Thursday, October 24so-called Black Thursday. There was a collapse of the market as stocks lost some 13% of their value. The shock factor was considerable, given that the Dow Jones Industrial Average (DJIA) hit a record high barely a month earlier on September 3.

Following five years of bullish excess, during which the DJIA increased fivefold and reached a peak of 381.17 on September 3, 1929,the value started to fall. The DJIA started losing its gains during an initial and gradual drop. Stocks entered a yo-yo phase, recovering over half their loss, only to drop again.

The decline went into a full tailspin on Black Thursday. Some 12.9 million shares were sold that day. The banks were bamboozled. They reacted just like a hurried driver who ignores the water temperature gauge as it moves toward the red end. Instead of stopping to check if a fan belt has broken, she/he drives on, hoping the problem fixes itself.

Similarly, the banks were relying on the market to fix itself. Thus, they bought more, achieving a recovery. Black Thursday ended with a 2.1% losswhich seemed positively bullish compared to the 13% lost in the first part of the day. On October 25, the markets were quiet. It was that deceitful kind of calm that precedes the worst storms.

That storm would cause the Big Crash on Monday, October 28, and completed its path of destruction on Tuesday, October 29the famous Black Tuesday. On that day, over 16 million shares were sold. The market lost $14.0 billion worth of value. But, during the week that started on Black Thursday, the total loss was $30.0 billion.

That was over ten times the annual budget of the U.S. federal government, far more than the same spent during World War 1. (Burns, Ric, James Sanders, Lisa Ades, Steve Rivo, Marilyn Ness, David Ogden Stiers, Buddy Squires, Allen Moore, Brian Keane, and Charlie Rose. 2010. New York: A Documentary Film. [United States]: PBS Home Video.)

As we start to examine what caused the Crash of 1929, World War 1is one of the main causes. This is not to suggest the war itself, which left devastation and millions dead. Rather, how the Great War set up the markets for the euphoria of the 1920s, the Crash of 1929, and the wake-up call of the Depression in the 1930s.

World War 1 is the most important of the stock market crash of 1929 causes. The crash occurred as a result of the lopsided development between the U.S. and European economies, and other countries of the world in the decade 1919-1928. Europe was busy reconstructing amid massive social and political changes, marked by instability and the collapse of empires and monarchies.

While the First World War had destroyed the European industrial powers, it created a unique opportunity for the United States not only to intervene in the conflict militarily and politically,but more than anything else, it allowed the U.S. to exploit its huge economic and financial power, already established between the second half of the nineteenth and early twentieth century.

As Europe was strugglingwhile Russia became the Soviet Union, essentially dropping out of the market altogethergrowth was stagnant. America was growing rapidly but there was no corresponding expansion of the world market. Thus, the 1920s, the roaring twenties, were marked by the dominance of the Republican Party at its peak free market moment.

The government kept public spending at a minimum while favoring the emergence of large corporations and the accumulation of private wealth. There was no social assistance in the sense that we understand it today. It was as free a market as there ever was in the 20thcentury.

To get an idea of the spirit of the age and the colossal inequality that existed between the poor and the rich, watch any Charlie Chaplin movie from that period. Moviessuch as The Kidor Gold Rushdepict the socio-economic context that produced the Great Crash. Or read The Great Gatsbyby F. Scott Fitzgerald. It was in the 1920s, even more than in the post-Crash years of the Great Depression, that the wage gap widened.

Corporate profits increased but wages stagnated. The rich became richer and the upper middle classes were blinded by optimism in the markets and the prospect of unlimited wealth. This was fueled by the idea that wealth did not have to come from work. It could be achieved at the New York Stock Exchange (NYSE).

Thus, the ruling market sentiment of the 1920s was nothing short of euphoria. The NYSE set successive records fueled by speculative transactions and the prospect of easy money. The most fashionable financial practice of the age was investing on creditand buying goods on installments. Euphoria proved costly.

This should sound familiar. Does the 2007-2008 crisis sound familiar? Does the 2016-2017 rally come to mind? The result was that the real economy became ever more detached from Wall Street and the speculation that ruled it. The Dow Jones rallies of most of the 1920s decade represented the spread of a wafer economy, increasingly disconnected from the real one.

Stock values rose without any logic, driving up companies capitalizations, independently from their industrial or business reality. Simply put, the economy had a weak foundation. Meanwhile, reflecting the financial euphoria, mass production produced too many goods for the American market.

The assembly line. Innovations in the system of production led the U.S. economy to grow at a very brisk pace throughout the 1920s. In 1913, just before the start of World War 1, Henry Ford invented the assembly line. That was one of the most disruptive economic developments in history. It allowed for unprecedented increases in productivity.

The assembly line meant a sharp reduction in the number of employees in factories. Technological innovations, then as now, forced companies to rationalize. Meanwhile, those who could, rose to the middle class. The number of service sector, advertising, or marketing jobs emerged, fueling the rise of a new middle-classsusceptible to the market euphoria of the age.

U.S. private banks financed the post-war recovery in Europe, while in turn, the old continent, with imports of goods, financed industrial development and the flourishing of the U.S. market. The same went for agricultural production. There was too much of it and not enough markets. Europe, for its part, was too poor to absorb the excess production.

Even almost a century ago, the economies of Europe and the United States were financially interdependent. But just as in 2007-2008, in 1928, the system started to show the first cracks. In addition to the increasingly unequal distribution of income, inflation increased and the emerging new middle class lost its purchasing power.

That meant all that over-abundance of goods was left occupying space on warehouses and factories, unsold. At the same time, the major investment banks were using up their funds to bankroll European consumption, in hopes of fueling the economy.

The stock market crash in New York and the subsequent Depression was the first crisis of the capitalist globalization of goods and capital, that Karl Marx predicted a few decades earlier. But the crisis offered the United States an opportunity to rethink its model of society. The country was forced to rebuild an economic, political, and financial base that was more inclusive of social rights.

It left the United States in a better position to face future crashes. Indeed, the 2008 financial crash has had deeper effects than the 1929 crash. But the latters levels of abject poverty were not repeated.

Its effects went deep. They should be included as one of the causes of the Second World War. It also helped generate a certain sympathy from prominent European and U.S. intellectuals to Soviet Russia, which remained largely immune from the crisis.

Certainly, the Crash and the Depression helped bring Hitler to power. Germany was one of the countries that suffered most from U.S. economic events during the Depression. Politically, the 1929 Crash had deep effects. After years of Republican dominance under presidents Calvin Coolidge and Herbert Hoover, the Democratic Franklin Delano Roosevelt entered the White House in 1933.

The Republicans lost credibility, unable as they were to lead the U.S., causinga climate of deep uncertainty. The situation remained very serious at least until 1932, when some 75% of Americans were said to be suffering from hunger. The real turning point, in terms of trust and hope was Franklin Delano Roosevelt, who ushered a new economic and social policy which was called the New Deal.

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10 Facts to Know About the Stock Market Crash of 1929 - Lombardi Letter

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Statement of IGAD Council of Ministers’ consultation on the current situation in the region – Reliefweb

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A Consultative Meeting of IGAD Council of Ministers was held on 17 March 20017 at the African Union Headquarters. The meeting was chaired by H.E. Dr. Workneh Gebeyehu, Minister of Foreign Affairs of the Federal Democratic Republic of Ethiopia and Chairperson of the IGAD Council of Ministers.

Members of the IGAD Council of Ministers in attendance were H.E. Mohamoud Ali Youssouf, Minister of Foreign Affairs of the Republic of Djibouti, H.E. Abdisalam Hadji Omar Minister of Foreign Affairs of the Republic of Somalia, H.E. Prof. Ibrahim, Ghandour Minister of Foreign Affairs of the Republic of Sudan and Hon. Sam Kutesa, Minister of Foreign Affairs of the Republic of Uganda and Dr. Amb. Monica Juma, Principal Secretary of Ministry of Foreign Affairs of the Republic of Kenya. The meeting was also attended by the IGAD Executive Secretary Amb(Eng.) Mahboub Maalim. The key items on the meetings agenda were: the dire humanitarian situation in the IGAD region due to drought emergencies and cases of famine as well as regional peace and security issues particularly developments in Somalia and South Sudan. On humanitarian issues, the meeting expressed serious concerns about drought emergencies and cases of famine currently affecting well over 20 million people. It also acknowledged the likelihood of further deterioration of the situation due to low rainfall forecasts for the coming months that will lead to further collapse of agricultural production. In this regard, the Council called for enhanced support by the international community to complement efforts at national and regional level. On South Sudan, the Council noted with serious concern the lack of progress in the implementation of the Agreement on the Resolution of Conflict in South Sudan (ARCSS) of August 2015 as well as the continued violence across the country. The Council further noted with serious concern the humanitarian catastrophe unfolding in the country resulting from high-levels of insecurity coupled with serious limitations of access by humanitarian agencies to the affected population. The Council was unanimous in its support to the national dialogue process that was initiated by the Transitional Government of National Unity (TGoNU). The Council called upon the TGoNU to ensure that the national dialogue is allinclusive. The Council further called upon the parties to the conflict to agree on cessation of hostilities to pave way for a speedy implementation of ARCSS. The Council underlined the importance of expeditious deployment of the Regional Protection Force (RPF) and requested the TGoNU to complete the facilitation required for deployment. The Council also emphasized the need for strong international support to the deployment. The Council further reaffirmed that it pursues a common and unified position on regional matters related to peace, security and humanitarian affairs particularly on the current situation in South Sudan and accords highest priority to address all outstanding issues in unison. On Somalia, the Council lauded the successful conduct of general elections as a milestone achievement. The Council underlined the critical need for continued support to AMISOM and advised against any decrease in support from the international community, which will have a direct bearing on the security situation in the country. The Council also emphasized the need to strengthen the Somali security apparatus as a sustainable solution to the security of Somalia. The Council recalled the pledges made in Brussels and Istanbul conferences on Somalia and appealed to those concerned to honor their pledges. The Council further called for support from the international community to invest in infrastructural development towards socio-economic recovery. The Council agreed to adopt a common position in anticipation of the London Somalia Conference in May 2017. The Council reiterated the leading role that IGAD has played and continued to play in bringing about peace and security in South Sudan in collaboration with partners particularly with the AU and the UN. The Council also reflected on regional issues of migration and refugees as well as security and humanitarian issues in South Sudan and Somalia in anticipation of the 23 March 2017 briefing to the United Nations Security Council on South Sudan as well as the 25 March 2017 IGAD Summit on Somali Refugees. The IGAD Executive Secretary suggested to the Council to convene a Summit of IGAD Heads of State and Government on the IGAD resilience agenda in June 2017 to showcase what the region has been able to achieve particularly through sustained investments in building resilience in the borderlands.

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2018 election: The last chance or lost chance – New Zimbabwe.com

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ARE you angry that you dont have a job and access to services? Are you angry that poverty and suffering have become the order of the day? Are you angry that you seek your governments audience and none is coming?

This communique my fellow youths, recommends the serious interrogation and critical rethinking of structures, processes and mechanics of engagement regardless of our gender, religion, political persuasions in the Zimbabwean policy formulation and implementation landscape. Zimbabwe is ONE and we are ONE, so admittedly, the 2018 election is a watershed election for Zimbabwe.

Whatever the outcome, a major question that needs serious interrogation is what is there in the election for the young people of Zimbabwe? There is a bigger picture that needs looking at. What does victory or defeat for the contesting political parties imply for the development or underdevelopment of Zimbabwe?

Our serious interrogation that is not closeted by partisan politics, narrow-mindedness, bankruptcy, acidity, aridity and rigidity is sought in addressing these pertinent questions. Whether we like it or not, politics is an integral part of our lives. Politics is an essential feature of human organisation and permeates through all levels of society. We might not see the maths politics creates in our everyday life for our future.

Why the Youth?

We are the future of this country and are worthy in terms of our strength in numbers.

WHO IS A YOUTH?

I wish to say that the concept of Youth is a well-known concept but its definition still remains very ambiguous given our political, intellectual and social attachments. It is often perceived, according to generations, cultures, interests and geopolitical locations. According to ZIMSTAT figures for 2013, Zimbabwe has a young age structure, with 76.5% of the countrys citizens less than 34 years of age and 35% of the population falling between ages 15-34.

The demographics of our nation show that the age group 18-35 years far surpasses the other age groups in Zimbabwe but young people are so bad at voting, yet it is our future at stake. The cohort though live under constant fear in a highly polarised environment compounded by shackles of patronage from a repressive system that shows no remorse or concern for the suffering masses at the lowest level of the strata.

However, the Zimbabwean youth represents a demographic challenge instead of a demographic dividend. The bulge is a serious issue with negative socio-economic consequences. The table below illustrates the low participation of Zimbabwean youth in the 2013 general election.

Registered Voters in 2013

A deliberate decision by the Zimbabwean youth to shape the political landscape in Zimbabwe is the answer to all our prevailing political and socio-economic problems. By the mere fact of our numbers and deliberate peer group influence, a conscious and deliberate effort by the youth of today to say no to anarchy and theft by those in power will sort out the inherent mischief in all politicians to play fair and uphold their constitutional mandate and obligation.

It is very evident that investing in the young generation of today is a way to harvest tomorrows peace, democracy, stability, security and sustainable development. We are a potential tool for change, the pillars and drivers of sustainable development. But the question is - do we know what we are worth? Do we know our rights and responsibilities? As a youth reading this, do you know what is expected of you as a citizen?

My heart crashes when I see potential put to waste and faith being misplaced. The most disgusting feeling I get is when I encounter young people who are under the impression that things are bad and we just have to get by, there is nothing we can do to alleviate our plight/situation. We cannot afford to look disenfranchised, dejected, disinterested about our future, unbeknown to some if not most of us, a lot lies at stake. Whether we blame it on the broken system - we do not seem to understand we are also a part of that very system.

The youth have been overrepresented as a nuisance, outgoing, violent, pleasure seekers, energetic and agents of change. Many narratives of the youth have painted them as a category that has no direction and in some literature they are depicted as harbingers of social disruption and anarchy. For long, youths voices have been silenced through state sanctioned political vigilantism and state sponsored terror raids. The youth are analysed in relation to HIV/AIDS and political violence and all forms of negativity.

I hereby present four sad realities to help unpack wherein lie the curse of the Zimbabwean youth to provoke and elicit a reaction among young people to register as voters, especially targeting first-time voters.

Lost Decades of Despotism (1980 2018)

Unprecedented economic performance decline for the past 37 years; Mugabe and his ZANUPF thieving crooks have ransomed this country for their personal gain, plunging the countrys economy into comatose repose. A disempowering greedy regime, the slovenly type that lives off public property and is rather preoccupied by political survival and the maximisation of gains from political office while embarking on a genocidal proclivity to silence the dissenting voices.

The water is full of typhoid and cholera, roads have more holes than Swiss cheese, graduates are selling airtime, and all the industries are gone. Heck, we don't even have any currency of our own. They have sacrificed democratic principles for personal interests and show no concern for the suffering masses at the lowest level of the strata.

Zimbabwean youths remain trapped in a cycle of political violence and economic crises that is polarising communities and rupturing relationships. To that effect, it is ever more imperative to identify the vulnerabilities upon which our plight as the youth lies and act to rectify that.

Dangerous Drug Problem

Zimbabwe is under siege from a drug culture that is spiralling out of control, destroying countless lives in its wake. By and large, the effects of poverty and unemployment caused by this ghastly pandemic threatens to give rise to a generation of violent, disinterested, languid, perpetually high and unsavoury young people concurrently unemployed and unemployable.

The delinquent practice of youths drugging themselves numb to ever deteriorating circumstances has become more of an aid to survival as if using drugs is a legitimate response to their hopeless prospects in a situation that just doesn't care. Asked about it, most young users will reply "saka manga muchida kuti tiswere tichiitei?" meaning "What do you expect us to spend the whole day doing?"

Drug addiction is the worst pitfall one can succumb to, especially in Zimbabwe where rehabilitation centres where people can get help are non-existent. Luckily, for the out of touch shefs, they can afford to keep their children out of these destructive exigencies by shipping them abroad meanwhile oblivious that thousands of the poor are silently being ravaged by the drug abuse pandemic.

Patronage and Corruption

As the Mozambican president, Jacinto Nyusi once pointed out, African Heads of State have, by and large, institutionalized states with at least two classes of citizens; the first class being those citizens who also happen to be members of the ruling party and the rest who chose other associations different from the ruling party having a de facto status of second-class citizens.

Zimbabwe is a classic example where decisions concerning young people are derivative of the attitudes and wishes of the older generation. Patronage and corruption are at the highest point now and fast becoming the norm rather than the exception. They have become the albatross slung around our necks while our government officials are busy enriching themselves, forming parasitical networks of economic cartels and protgs corruptly feeding off the nations resources.

For how long can we afford ourselves the sad luxury of relegating ourselves to second class citizens who survive on the crumbs thrown at us by a greedy, unscrupulous, deceitful, and ruthless political leadership?

Our plight is not helped either by the rampant nepotism manifesting in every sector of the country. Zimbabwe has become a harbinger of escalating human insecurity due to its indulgence in gross impunity and marginalization of its own citizens. Herein lies the critical nexus between human development and human security that has mostly affected the youth population both from rural peripheries and urban metropolis who are the window of hope for the continent.

The sad reality is that the youth have no control over that; we are powerless, have been dis-empowered by the aggregation of national politics that have relegated us to the murky waters of isolation and disillusionment as the system continues its roller-coaster endeavours and machinations to defend its otherwise questioned legitimacy and authority. This is just about the right time that we wake up and smell the coffee and figure out how to reject unorthodox means of participation that supports the elite and negate a significant constituency to the dustbin.

95% unemployment coupled with 75% Youth Dependency ratio

Thousands of tertiary graduates are currently glorified educated loafers and beggars while the government is busy shutting out any meaningful and gainful employment opportunities. When we compromise and start vending, restrictive policies are put in place. It is a clear sign this government has a deliberate agenda to impoverish and pauperize us.

While our learning institutions are good and produce a learned society, they dont produce a balanced educated community to project their future in a world of diverse cultures. Normally a sound education is a passport to a better life. The current system is out of touch with the needs of young people, as evidenced by an unemployment rate that has plummeted to above 95%, placing youth, especially women at a major disadvantage at all levels of society.

Should we sit down and let them turn us into poor, naked, hungry, sick mongrels in our own country? Millions of young Zimbabweans have no hope for the future and nothing specific to do today and tomorrow when they wake up. Faced with the paradoxical situation of educated but jobless youth population, we need to look ourselves in the mirror and seriously interrogate the non-availability or hence the disappearance of the promised 2.2 million jobs.

The mantra of hunger and unemployment is posing one of the most turbulent distractions to mainstream global issues. This is a common yet under reported occurrence mostly because it only involves poor young people whose voices are easy to ignore and whose lives are at risk anyway to the incessant exigencies of being poor.

There are various reasons - our upbringing. Since kindergarten we are taught to focus on our schooling right, pass our exams, find a job, get married, have children, and work until we drop dead with fatigue. Our brains are trained to follow this path and thus we are conditioned into process driven creatures.

HIV Prevalence

As if unemployment is not enough, the demographic dividend realisation is further hampered by a rise in numerous sexual and reproductive health challenges that young people are facing. It is understandable that a healthy transition to adulthood lays the groundwork for a healthy adult population, a factor that is so critical to realising the demographic dividend. Healthy people are more productive, bringing greater resources and income to families and higher levels of economic growth for nations.

Although Zimbabwe has really succeeded in making sure that young people and everyone else who is HIV positive lives positively and indeed many are now leading productive lives, the prevalence of HIV among young people is still worrisome. Sub-Saharan Africa is the epicentre of HIV/AIDS epidemic in the world 24million.

In 2016, roughly 31 million people were living with HIV, accounting for nearly 70 percent of the global total. In the same year, the region recorded an estimated 1.6 million new HIV infections and 1.2 million AIDS-related deaths. Zimbabwe currently accounts for 1,4 million people living with HIV and 744,000 are on Antiretroviral treatment. Young people are the worst affected.

Is there hope for this country?

With the above-mentioned scenarios, its suffice for the Zimbabwean youth to put the foregone into a more localised and personalised context and evaluate your personal situations as we approach the 2018 elections. Since the unpacked scenarios show a youth population under siege, it is high time we do some serious soul-searching and ask ourselves what we can do as young people to rise above this and establish our own values, values that are in line with a future we want to see?

Given the foregone, yes if the youth are involved in the democratic processes for the country. The above scenarios can only change for the better if the youth can define a template for leaders to come; leaders who respect the electorate such that when elected they become servants of the people who elected them into office leaders who endeavour to deliver the political, social and economic goods for the present and future generations.

It is true that some of the damage done is irrevocable but still the system is fixable. Yes, together we can weather the storm as powerful and diabolic as the current system that has left a trail of death and destruction. The crisis in Zimbabwe has virtually affected all the sectors in the country that is the economic, social and political sectors. We the youth of today are perfectly capable of addressing these challenges, but lack enthusiasm. History is going to judge us harshly if we continue to turn a blind eye to this very precarious situation.

All that is necessary for evil to prevail is that we stand aside and do nothing about it. We always cry not for what we would have done but more for what we would not have done. Oftentimes, we might feel frustrated and hopeless but this is not the time. Nobody liberates themselves by their own efforts alone, and neither are they liberated by others. If we want to challenge the current unequal power structures, we need to be conscious about our own role as youth and doubly as citizens, we need to be able to analyse political realities and articulate our collective vision for the future we want.

It is our patriotic and democratic duty to take measures that limit democratic erosion/breakdown and whimsical arbitrary manipulation of power from tyrannical and coercive domination that promotes individual interests at the expense of broader societal economic and socio-political goods.

What we need is a unity of purpose be it students, preachers, vendors, vendors, touts/mahwindi whether Ndebele, Shona, Tonga, Venda, black or white we are in this together. I hereby make a call to bridge gaps between all forms of classes and discrimination existing among young Zimbabweans across the breath and length of the country so that no one is left out of the democratic revolution to reclaim our nation.

The power to positively promote, express or influence the course of the election as individuals and as a collective engagement of people lies within our grasp. There are some things that are not for sale, because they are priceless; one of them is exercising your democratic right. YES, we are in this together to make Zimbabwe a better place for you and me. A Zimbabwe founded on the principles of the supremacy of the Constitution, fundamental human rights and freedoms, and recognition of the inherent dignity and worthy of each human being.

Let us rescue our dreams and Zimbabwe from total collapse come 2018 watershed election. Rigging is only possible where people stay away from polling stations. In other words, to decide not to vote constitutes RIGGING. The power of change is in our hands, THE TIME IS NOW: YOUR VOTE IS YOUR VOICE: GO AND REGISTER TO VOTE.

The time for the Zimbabwean youth has come to stand tall and be counted for mother Zimbabwe expects us to rescue her. Who am I and who are you to abscond when democratic duty calls? That twinkle in your eye or that passion you once had about your potential and your future must come back as we reclaim and exercise our democratic space as the Zimbabwean youth in our country.

You and I are responsible for that. I reiterate that it is impossible for Zimbabwe to create a modern democracy side by side with a thriving economy without your participation as a Zimbabwean. I have the faith because far beyond my imagination lie my dreams. There is so much to be done and I truly believe that the good young men and women amongst us with honourable intentions will prevail and that our beautiful Zimbabwe will recover.

We have come a long way and our prospects are in disarray but we must remember that in any country, youth represent the future. The youth of Zimbabwe, united in the name of developing our country and the safeguarding of a brighter tomorrow can revolutionise Zimbabwe. It does not matter who you are or which political opinion you hold in as long as you are Zimbabwean, we are in this together, to make this country a better place for us to be, together we can do it.

This might seem an insurmountable task of rather unconquerable Goliath proportions but my message is simple: Take responsibility: Register to Vote, Go out to Vote on Ballot day and DEFEND YOUR VOTE after Voting. There is a proverb that says you cant clap with one hand. To clap, you have to bring both of your hands together. In essence, what it therefore means is that together we can be the change we want to see in Zimbabwe.

One cannot ask others to sacrifice if he/she is not ready to do so themselves. Let us use our past and present challenges as an inspiration, rather than a handicap. We are all foot soldiers, one struggle-many fronts. Let us save our country, save ourselves and build our future starting today. The onus is on me, the onus is on you, the onus is on us. What can unite us as Zimbabweans more than anything is our love for this country and non-violent direct confrontation. We are all foot soldiers: one struggle many fronts.

I call on Zimbabwes young people who are so bright, sharp with magnificent analytical minds to show that despite the limitations and shrinkage of democratic space, it is high time that we, as young people, captured the moment to be much more responsible and accountable. The social media is a powerful and just weapon, which cuts without wounding. We need to start reconnecting in different spheres and platforms both online and offline to share information around us and seriously begin organising ourselves towards our commonalities as a cohort.

We cannot rely on the benevolence of those in power; we need to take power through the constitutional and legal framework. And it is about time! The Zimbabwean youth is angry and hurting. Their socio-political, economic and moral standing is weak because of injustices and exclusion done to us. My voice is in, for far beyond imagination lie my dreams.

Be your brothers/sisters keeper and spread the message to Register to Vote, Go out to Vote on Ballot day and DEFEND YOUR VOTE after Voting. The democratic process is a cause which we must all commit to because the cost of indifference is just too much. I am Proudly Zimbabwean. I am angry and hurting too, I am young and I want to live! Zimbabwe deserves better.

Lastly, if you are not enraged then you haven't been paying attention!!!

Alfred Towo writes in his personal capacity. He is a freelance journalist and Zimbabwean youth. Can be contacted at the following email address aliphytowo@gmail.com or 0775265509

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2018 election: The last chance or lost chance - New Zimbabwe.com

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What’s New at the AK Smiley Public Library: Check out books about women’s achievements – Redlands Daily Facts

Posted: at 4:57 pm

In honor of Womens History Month this March, we are highlighting books featuring the numerous contributions and achievements of women, past and present.

The A.K. Smiley Public Library has a great selection of books to choose from portraying women from many countries and distinct backgrounds who have each made a mark on history, through talent, hard work and determination to make life better. Here are just a few suggestions to consider.

Born in 1865, growing up on the Omaha Indian reservation, Susan La Flesche, at age 24, became the first Native American woman doctor in U.S. history. A Warrior of the People: How Susan La Flesche Overcame Racial and Gender Inequality to Become Americas First Indian Doctor by Joe Starita tells the story of this remarkable woman.

Although experiencing countless obstacles, like government oppression, prejudice and balancing white and Native cultures, La Flesche chose to pursue a medical career. She was accepted at the Womens Medical College of Pennsylvania, graduated at the top of her class in 1889 and returned to the reservation as a physician, providing a much-needed service to her community.

La Flesche spent her life dedicated to treating more than 1,200 patients with a range of health issues, such as tuberculosis and smallpox. She also worked on educating her community about hygiene, food contamination and alcoholism, improving quality of life for her people. In 1913, two years before her death, she fulfilled her dream of opening a hospital on the reservation.

La Flesche was a trailblazer and a role model and her contributions to the Native American people were immeasurable.

A memoir that puts you in direct range of air battle, Danger Close: My Epic Journey as a Combat Helicopter Pilot in Iraq and Afghanistan by Amber Smith, is a gripping read. Coming from a family in which both parents and sisters were pilots and where the family farm had a grass airstrip in the backyard, Smith knew that aviation was in her future.

After the 9/11 terrorist attacks and with various family members having served their country, Smith was compelled to sign up with the military. To become a pilot, all of the branches required a college degree, which she was still working on, with one exception the Army. They would allow her to continue working on her degree while training.

But there was one caveat shed be joining as a helicopter pilot and the only experience she had so far had been flying fixed-winged aircraft.

This is the story of her time as a U.S. Army Kiowa helicopter pilot, her training, deployments and combats. She describes her service in the 101st Airborne Division, the Screaming Eagles, as a reconnaissance pilot, assisting and supporting ground forces and flying close to the enemy while under fire. Enjoy this inspiring book of a patriotic and courageous woman.

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Growing up in Pakistan in the 90s, in a village where girls were expected to stay indoors and not participate in sports, Maria, at a young age was determined to pursue her love of the outdoors. So, at age 4, she cut her hair, wore shorts and eventually starting living as a boy.

A Different Kind of Daughter: The Girl Who Hid from the Taliban in Plain Sight by Maria Toorpakai tells the story a girl who, despite the threats and danger involved, disguised herself as a boy to be able to follow her passion of playing sports. She initially trained and competed in weightlifting, later becoming enthralled with the sport of squash.

Ultimately, the truth of her gender became known, causing trouble and considerable harassment, even death threats.

Read the story of a woman who, despite adversity, became a professional athlete, rising to No. 1 as a female squash player from Pakistan.

Jill Martinson is a library specialist at the A.K. Smiley Public Library in Redlands.

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Oregon Bill Would Restore Power of Juries to Vote Their Consciences – The New American

Posted: at 4:57 pm

The Oregon legislature is considering a bill that could re-enshrine juries to the their former place as the last line of defense against legalized despotism.

Senate Bill 924, introduced by state Senator Kim Thatcher, mandates that judges must provide very particular instructions to juries in felony cases. Prior to giving a case to a jury for their consideration, judges must issue them the following instruction:

As jurors, if you feel that a conviction would not be a fair or just result in this case, it is within your power to find the defendant not guilty even if you find that the state has proven the defendants guilt beyond a reasonable doubt.

Should a judge fail to provide the requisite instruction, the bill provides that such failure constitutes a mistrial.

Before one is able to understand why jury nullification is a good idea, one must understand the importance of a trial by jury. Our Founding Fathers universally considered it to be a powerful weapon in the war against tyranny.

Thomas Jefferson wrote, I consider trial by jury as the only anchor yet imagined by man, by which a government can be held to the principles of its constitution.

InThe Federalist Papers, Alexander Hamilton wrote that trial by jury was the very palladium of free government and a valuable check upon corruption.

Hamiltons fellowFederalist author and Supreme Court Chief Justice John Jay informed a jury in a 1794 case that:

It may not be amiss, here, Gentlemen, to remind you of the good old rule, that on questions of fact, it is the province of the jury, on questions of law, it is the province of the court to decide. But it must be observed that by the same law, which recognizes this reasonable distribution of jurisdiction, you have nevertheless a right to take upon yourselves to judge of both, and to determine the law as well as the fact in controversy.

Given the strength of these opinions, then, it is no surprise that the denial of trials by jury was one of the foremost acts of despotism listed by Thomas Jefferson in the Declaration of Independence.

As for the concept that juries have not only the power but the obligation to nullify unjust rulings of a judge, John Adams wrote, It is not only [the juror's] right, but his duty ... to find the verdict according to his own best understanding, judgment, and conscience, though in direct opposition to the direction of the court.

And Hamilton, again from The Federalist Papers, described the jurys check on the judge as a double security that tends to preserve the purity of both judge and jury.

Obviously, the idea that juries may act contrary to the will of a judge is nothing new in American law, and in fact it is an act of resistance to government oppression that our Founders believed to be fundamental in a Republic that was to remain free under the rule of law, rather than enslaved according to the rule of men.

As indicated by the statements provided above, our Founding Fathers zealously defended this right and recognized that only an informed and empowered jury could effectively protect a defendant from the potentially harmful effects of autocratic judges.

Such staunch opposition to official overreach is to be expected from our Founding Fathers, but even during the hedonistic days of Summer of Love the U.S. Supreme Court held that undisputed power of the jury to acquit, even if its verdict is contrary to the law as given by the judge, and contrary to the evidence. (U.S. v. Moylan, 1969).

Only a year ago, during a speech she delivered at New York University, Supreme Court Justice Sonia Sotomayor came out in favor of encouraging juries to exercise the demands of their consciences in refusing to accept a judges interpretation of a law.

There is a place, I think, for jury nullification finding the balance in that and the role judges should play, Sotomayor said, commenting on the Second Circuits decision to excuse a juror based on a suspicion that he was practicing jury nullification by refusing to find a suspect guilty.In its ruling, the Second Circuit wrote, We categorically reject the idea that, in a society committed to the rule of law, jury nullification is desirable or that courts may permit it to occur when it is within their authority to prevent.

The Second Circuits statement notwithstanding, support for this layer of protection from systematic despotism is strengthening. The Fully Informed Jury Association (FIJA) is an organization devoted to educating Americans on the benefits of jury nullification. On their website, FIJA explains why jury nullification is not only a good idea, but one supported by constitutional principles of freedom from tyranny:

The primary function of the independent juror is not, as many think, to dispense punishment to fellow citizens accused of breaking various laws, but rather to protect fellow citizens from tyrannical abuses of power by the government.

Despite all this, theWashington Times reported in 2013 that jury nullification proponents in Florida and New Jersey have been arrested and charged with jury tampering for distributing handbills at the courthouse that essentially publish the text of the New Hampshire law.

In an editorial, the Times sees such persecution as a prime example of the need for jury nullification in the fight against government oppression:

This demonstrates clearly the responsibility of juries to serve as a check against judges and prosecutors who may think theyre the last word in all matters of the law. Respect for the law and the courts is necessary for the good of all in a free society, and sometimes, as the number of frivolous and oppressive laws multiply, a little nullification can be a tonic, and a reminder to the lawyers, including judges, of whos really the boss.

Naysayers notwithstanding, the Constitution guarantees the right to trial by jury. This means that the government must bring its case before a jury of the people if government wants to deprive any person of life, liberty, or property. In defense of those unalienable rights, indeed, as the last line of defense, jurors can reject government tyranny by refusing to convict those subjected to prosecution for violating unjust laws.

Americans should be especially zealous proponents of any method of dismantling institutional abuse of authority, as this is the precise spark rejection of royal usurpation of power where none was granted by the people that set off the powder keg of war in 1775.

As of press time, the Oregon bill awaits consideration by the state Senates Judiciary Committee.

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Philippines’ Duterte welcomes prospect of ICC case, says ‘brutal’ war on drugs to go on – Reuters

Posted: at 4:56 pm

MANILA Philippine President Rodrigo Duterte on Sunday welcomed the prospect of the International Criminal Court (ICC) putting him on trial over his bloody war on drugs, saying he would not be intimidated and his campaign would be unrelenting and "brutal".

A self-confessed assassin who testified to being in a "death squad" under Duterte is expected to file a case at the ICC this month or in April, accusing the president of crimes against humanity, his lawyer said recently.

But Duterte has said he is on the right track regarding human rights and has never instructed security forces to kill suspects who were not resisting arrest. More than 8,000 people have died since he took office last year and began his anti-drugs campaign, a third in raids and sting operations by police who say they acted in self-defense.

"I will not be intimidated and I shall not be stopped just by what? International Criminal Court? Impeachment? If that is part of my destiny, it is my destiny to go," Duterte told reporters shortly before leaving for Myanmar.

"The drive against corruption, criminality and drugs will resume and it will continue and it will be brutal."

Rights groups say many of the deaths were assassinations of drugs users with police complicity. The authorities reject that and blame vigilantes and drugs gangs.

Duterte said he would never "condone the killing of a criminal person arrested with outstretched arms, begging for his life, or what is popularly known as extrajudicial killings."

"Follow the law and we are alright. Drop shabu and nobody will die tomorrow," Duterte said. Shabu is the street name for the highly addictive crystal methamphetamine that the government blames for most of the serious crimes in the Philippines.

But Duterte warned: "If you place the guys lives in jeopardy ... my order is to shoot you."

He said he would rather see "thousands or millions of criminals go first", than see security forces killed in the anti-narcotics war.

Two men, including the one who is expected to file the ICC case, have testified before the Philippine Senate saying they were part of an alleged "death squad" in Davao that killed at Duterte's behest. But legislators found no proof of extra-judicial killings and death squads.

The "death squad" and allegations of drugs-related extrajudicial killings were among the reasons for an impeachment complaint filed by an opposition lawmaker in Congress against Duterte on Thursday.

Duterte said he was not ruling out the possibility that "scalawags in government who are trying to silence guys dealing with them" were behind these extrajudicial executions.

(Reporting by Karen Lema; Editing by Himani Sarkar)

WASHINGTON U.S. Secretary of State Rex Tillerson met President Xi Jinping of China for 30 minutes on Sunday in Beijing and told him that U.S. President Donald Trump anticipates a meeting "soon," State Department spokesman Mark Toner said in a statement.

BERLIN German Defense Minister Ursula von der Leyen on Sunday rejected U.S. President Donald Trump's claim that Germany owes NATO and the United States "vast sums" of money for defense.

PARIS Emmanuel Macron remains favorite to win France's turbulent presidential election race, a poll showed on Sunday, on the eve of a first televised debate which could allow embattled conservative Francois Fillon to get back in contention.

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Germany joins clamor vs bloody war on drugs – Inquirer.net

Posted: at 4:56 pm

Photo from Brbel Koflers Twitter account

Germany joined a growing list of countries and groups expressing concern over the antidrug campaign of the Philippine government which, to the international community, was focused on putting offenders to death instead of instituting massive reforms that would disable, if not eliminate, the drug menace.

Germanys human rights commissioner cited the passage in the House of Representatives as one of the highly regrettable actions being taken by the administration of President Duterte in the fight against drugs.

Brbel Kofler, federal government commissioner for human rights policy and humanitarian aid at the German federal foreign office, said in a statement that the push to revive the death penalty ran counter to the Philippine signing of a second optional protocol of the International Covenant on Civil and Political Rights.

The covenant binds the Philippine government to a commitment to shun executions of convicts as a penalty for grave crimes.

Since the signing of the international agreement, Kofler said Germany considered the Philippines as a close partner of those who, like the federal government (of Germany), reject this inhumane punishment under all circumstances.

This situation is highly regrettable, said Kofler, adding that Germany and the Philippines had been closely cooperating in the United Nations on many campaigns, among them on human trafficking, poverty reduction and climate change.

In her statement, Kofler also called on the Duterte administration to withdraw conditions it had set for the visit of the UN special rapporteur on extrajudicial killings to take a closer look at Mr. Dutertes war on drugs.

With at least 8,000 deaths in the drug war, Kofler said it was important for the UN special rapporteur to visit the Philippines.

The German official also called for a speedy and fair trial of Sen. Leila de Lima, who had been sent to jail by Duterte administration officials for alleged involvement in the drug trade.

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A Return to the Failed ‘War on Drugs’ in the US? – Human Rights Watch

Posted: at 4:56 pm

While all eyes were on the US administrations latest attempt to block people from six predominantly Muslim countries from entering the United States, many may have missed Attorney General Jeff Sessions alarming remarks on the US war on drugs.

In a speech before law enforcement leaders Wednesday, Sessions clearly articulated his prohibitionist views on personal drug use, stating that marijuana is only slightly less awful than heroin and that using drugs will destroy your life. While briefly mentioning the importance of treatment and prevention programs, Sessions made clear that he plans to significantly ramp up federal enforcement of drug laws, and that he opposes the experiments that many states have started with legalization and regulation of marijuana.

We know from experience that this approach and has done little to reduce problematic drug use, which has remained high for decades. Instead, it has done tremendous harm, resulting in massive numbers of people being locked up or deported for low-level offenses in the US.

The US decades-long emphasis on criminalization including of simple drug use and possession means that today police arrest more people for drug possession every year than for all violent offenses combined. Every 25 seconds, someone is arrested for the simple act of possessing drugs for their personal use and, as a result, nearly 140,000 people are behind bars for their drug use on any given day. Black adults are two-and-a-half times more likely than white adults to be arrested for drug possession (four times for marijuana) despite similar use rates. Far from helping people who use drugs, criminalization tends to drive them underground, making it less likely they will access needed health services.

These arrests lead to injustices at every step of the criminal justice system, from policing tactics shaping community interactions, to prosecutors charging as aggressively as possible, to the inequality of the cash bail system. This leads to exceedingly long sentences, prosecutors coercing pleas, and the weight of probation and debt hanging over people long after their conviction. Racial disparities persist at every stage, and the poorest Americans have the least power to challenge this system.

In recent years, policy makers have finally begun to recognize how disastrous and wasteful the drug war has been all without having any meaningful impact on drug use in the US.

Following Sessions vision towards deeper entrenchment in the drug war would be a devastating step backwards.

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Poker Strategy With Ed Miller: Two Gambling Fallacies – CardPlayer.com

Posted: at 4:56 pm

As much as some try to deny it, poker is a gambling game. All of poker strategy is rooted in basic gambling concepts. You gain an edge by winning your bets more frequently than the odds you are laid. If you can get 3:1 on your money, you want to win more than 1 in 4 times.

The complexity of poker can hide this underlying framework, so its often helpful to look at simpler gambling propositions to root out weak thinking. Because many of the strategic errors that amateur players make can be traced back to well-known gambling fallacies.

In this article I will cover two common forms of fallacious gambling thinking with examples from other forms of gambling. Then I will explain how each of these problems can creep into your poker thinking without you even noticing it.

Dont Try To Lock In Wins

This one is everywhere. In blackjack, they offer an insurance bet. When the dealer shows an ace, its a bet that pays 2:1 that the dealers hole card is a ten-value card. This bet behaves has insurance since you can make it for half of your normal bet, and if the insurance bet wins the payoff compensates you exactly for your loss.

For example, if you bet $100 on the hand and the dealer shows an ace. If you take insurance, you are betting $50 to win $100 that the dealer has a ten-rank card. If the dealer doesnt have one, you lose the $50 insurance bet but your original $100 is live. If the dealer does have one, you lose your original $100 immediately, but your $100 insurance win replaces it. Insurance.

The insurance bet is bad off the top, since four of the 13 ranks are ten-value, so the chance the dealer has a ten is approximately 4/13. Since this is less than the odds offered (2:1 or a break-even percentage of 4/12), its a bad bet.

Most players know this is a bad bet and usually turn it down. However, theres one case where players often cant resist. When they already have a blackjack.

Since blackjack (traditionally) pays 3:2, getting a blackjack wins $150 on a $100 bet. But if the dealer also has a blackjack, then instead the bet pushes. However you can choose to take insurance in this situation when the dealer has an ace up. If you bet $50 on insurance, you will win $100 for the hand ($150 minus $50) if the dealer doesnt have a ten, and you will also win $100 if the dealer does have a ten (because the original bet pushes, but the insurance bet wins $100). This is called taking even-money on the blackjack.

This is just as bad a play as taking insurance any other time. (In fact it may be slightly worse since one of the ten-value cards is sitting in your hand and out of play.) But players love to do it because it locks in a win.

Sports bettors also frequently do this. Theyll bet a five-or-more team parlay, and when the first four legs hit, they bet against their fifth team to try to lock in a win. The problem is that theyre paying the vig on both bets, so taken together the pair of bets (one on a team, one against) loses money. But its attractive to many bettors because once you place the hedge bet, you have locked in your win.

Locking in a win is rarely free. You will usually have to pay a house edge, a vig, or some other kind of tax to lock in your win. If you just let all your good bets ride rather than hedge them, at the end of your life your gambling results will be much bettereven though some of your good-looking bets end up turning into zeros.

This concept hits poker players in tournaments. The stakes in tournaments can be deceptive, because the amount of money you are theoretically playing for increases as the tournament progresses. So if you are playing a $200 entry fee event, at the beginning it may feel as if you are playing $1-$2 level stakes. But once you get to the final table and are fighting over a $20,000 first prize, it can feel more like youre playing $100-$200.

This fact causes many players to become desperate to make a deal. They feel like they have no business playing for $100-$200 stakes, and so they want to lock in as much of their win as they can.

Negotiating from a position of desperation, however, rarely gets you the best deal. If other players are less risk-averse than you, they can slant the deal in their favor, and just like in the previous examples, you are paying a price to lock in your win.

The way to avoid this is to have some foresight and select to play tournaments where the final table money will be exciting, but not intimidating. Many tournament players do the opposite they try to find the biggest possible first place prize they can. But youre probably better off doing the opposite. You want a tournament you will feel comfortable playing from beginning to end. This can mean a smaller entry fee or a smaller field so the final table money isnt so much you cant just play for it.

Dont Wait For A Better Price

Sports books now tend to offer live betting during events. So along with the traditional pregame bets, you can now place bets on the result after the game is underway. I will frequently hear people say something like, Dont bet team X before the game. Wait until the game starts and theyll probably get behind at some point, and then bet them at a better price.

Or, worse still, people will suggest that you try to hedge away your risk by waiting until the team youve bet on pregame gets a lead, and then bet the other team at a better price than you could have pregame. This tactic often gives you a middlea pair of bets that perfectly hedge one another, but for which a small range of outcomes allow you to win both bets.

This thinking is fallacious because the price you are getting on the proposition is better only because the chances of winning have gone down. The reason you get a more attractive price on a losing team is because the team is already losing! Since there are so many comebacks in sports, people think its no big deal to bet on the team thats behind early, but the bets are usually priced so that the price is discounted proportional to the chances of winning.

In poker, players often want to wait for a better spot by passing on a gamble they think is good, but risky. The thinking is that a better opportunity will come along. But theres always a chance the better opportunity wont come along, and you will regret your passivity.

Usually the best strategy is to take good bets as they come, and then if you see another good bet later, take that one also.

Eds newest book, The Course: Serious Hold Em Strategy For Smart Players is available now at his website edmillerpoker.com. You can also find original articles and instructional videos by Ed at the training site redchippoker.com.

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Warn families of risk of sex and gambling addictions with Parkinson’s drugs, doctors told – Telegraph.co.uk

Posted: at 4:56 pm

The familiesof Parkinson's sufferers must be warned about dangers of sex and gambling addictions caused by drugs used to treat the disease, doctors have been told.

New NHS guidelines, due to be released next month, include impulse control disorders for the first time, stating that health professionals should discuss the potential for dramatic change in behaviour with the "family and carers" as well as the patient.

It comes amid growing evidence that the drugs can lead to secret gambling or shopping addictions, which have been shown to destroy people's relationships and financial security, and in extreme cases have led to criminal convictions.

The Nice guidelines have emerged as one woman in her early 60s revealed how her life was torn apart when her partner suffered from hypersexuality - a focus on sexual feelings and thoughts - after taking dopamine agonists.

Around 127,000 people in the UK live with Parkinson's, a progressive brain disease that causes uncontrollable tremors, slow movement, and impaired speech. Studies suggest that around five to 10 per cent of those taking common drugs have an impulse control disorder.

The side effects are most likely with dopamine agonists, which mimic the effect of dopamine in the brain to suppress symptoms, but can occur with other medication used to treat the disease.

ProfRichard Walker, a consultant physician and one of the four doctors who contributed to the new guidelines, said that when the first instructions were written in 2006, the evidence surrounding impulse control disorders was only just emerging.

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