amandla!!! thanks for the possition of ycl ,but chief what do you think about the statement that made by the secretary general of the ANC in responding oo the mass action that was done by NUMSA
On Tue, May 26, 2009 at 4:36 AM, Castro Ngobese <[email protected]>wrote: > *Reserve Bank mandate must be reviewed* > > *26 May 2009* > > The Young Communist League of South Africa [uFasimba] fully supports > NUMSA’s mass action to the Reserve Bank to demand the scrapping of the > inflation targeting policy, cutting of interest’s rates and prioritisation > of jobs creation, growth and sustainable development. > > The YCLSA strongly believes that the strategic mandate and focus of Reserve > Bank should be reviewed and be redefined to focus on job creation and to > mitigate the impact of the global and capitalist meltdown crisis now being > felt by ordinary South Africans. In South Africa, thousands of jobs are > being lost and families are losing breadwinners, cars and houses are being > repossessed by the Capitalist Banks as a result of capitalist financial > crisis. The inflation targeting framework underpinned by capitalist > principles and logic has failed to address the developmental needs of our > country. > > The Reserve Bank should be playing a key strategic role in job creation and > meeting the demands of the working class and the poor within the overall > political economy geared towards reversing the colonial and apartheid > legacy. The growing inequalities and unemployment poses a major social and > economic crisis not for new Jacob Zuma led administration, but also for the > Reserve Bank. > > As the YCLSA we demand that the Reserve Bank should not assume a posture or > seek to be a ‘cartel’ to serve the interests of capital, but we need a > Reserve Bank that focuses on quality job creation and poverty eradication. > The policies of the Reserve Bank must be aligned to the objectives of the > developmental State and agenda. This is totally in sync with the policies > adopted at the watershed 52nd National Congress of the ANC in 2007, the > various Alliance summits and incorporated into the ANC led Alliance > elections manifesto and now adopted by government led by President Zuma. > > Issued by YCLSA > > Contact: > > *Castro Ngobese* > > *YCLSA National Spokesperson @ 082 567 3557* > > > > --~--~---------~--~----~------------~-------~--~----~ You are subscribed. This footer can help you. Please POST your comments to [email protected] or reply to this message. You can visit the group WEB SITE at http://groups.google.com/group/yclsa-eom-forum for different delivery options, pages, files and membership. To UNSUBSCRIBE, please email [email protected] . You don't have to put anything in the "Subject:" field. You don't have to put anything in the message part. All you have to do is to send an e-mail to this address (repeat): [email protected] . -~----------~----~----~----~------~----~------~--~---
