Monday, September 28, 2026
Home Blog Page 3791

SIGNS OF DECAY

0

It has been a while since the prevailing world system fully adopted formal cheating as one of its premiere operating principles. Unfortunately, this vice, like many other vices, has managed to deeply penetrate the citizenry’s psyche, particularly in the powerful states of the system. Systemic cheating, camouflaged by bureaucratic processes/procedures/manipulation, etc., is one of the most coveted assets of the system’s cronies. Don’t forget; late modernity is fully anchored by crony capitalism. As is well known, in any given human society it is (by and large) the established economic order that dictates values, norms, mores, etc. As a result, cheating is now condoned or even celebrated by the ruling psychopaths of the world system! See the article next column and others on page 36, 37 & 38.
It seems the current nation states of the world have to rely on systemic cheating to prevail, both internally and externally. To institutionalize cheating, it has become imperative to lie, systemically! To this end, a hidden power behind the formal power is established in the powerful countries. It is labeled the ‘deep state’. Recall that our definition of the ‘deep state’ also includes the media. Deep State = the military-intelligence-industrial-banking-media complex. In this entity, the significance of the media cannot be overemphasized, as it is the preeminent institution of systemic cheating/lies. Lies are effectively employed by the status quo to zombify the global sheeple (human mass)! Just like the ‘banking’ component of the deep state includes all that is financialized, the media component also incorporates the so-called entertainment media (movies, etc.) To be sure, this kind of systemic lying is not in the category of ‘white lies’! Politicos cheat/lie on a daily basis and sadly the sheeple has resigned to this pathetic reality of the oppressive order. Electoral democracy is utilized as one of the most convenient venues to instill systemic cheating/lies across the globe. Since electoral democracy has delivered untold benefits to the cronies of the system, the global status quo enshrines it as the ultimate manifestation of democracy itself!
The world economic system is based on massive fraud. The built-in cheating of the global economic system includes Fractional Reserve Banking (FRB). This fraudulent system of banking is one of the pillars of the globally structured cheating regime. See Zeus’ articles on page 36. It is generally assumed that banks loan money from a pool of deposits. This is a lie! The so-called deposits are mere decoys! This lie is used to hide the criminal principle that underlies FRB. FRB is when banks lend money that is created out of thin air into the economy. These loans accrue financial rents or interests. In other words, it is this ‘fake money’, which is not earned a priori by anyone in the economy that continues to create the massive inflation afflicting the world’s sheeple. For the most part, it is this fake money that is minting fake millionaires and billionaires on a daily basis, including the fledging oligarchs of poorer countries like ours! See Bonner’s article next column. To cover up this massive criminal operation from the global human mass, protracted/systemic lying had to be instituted. The various institutions of indoctrinations (schools, universities, etc.) are leveraged to give credence to the blatant lies/cheating that propels the prevailing polarizing globalization!
Geopolitics is another of the arena where lies are employed to cover up the underlying perennial criminality. It is now acknowledged that the Main Stream Media (MSM) is only a mouthpiece of the establishment, and brings hardly any genuine information of value to the table, so to speak! For example, when countries are systemically destabilized, the MSM is there giving a helping hand by pontificating narratives that are intended to sound rationale, but are in actual fact distortions of massive proportions. Examples abound; Libya was destroyed so that democracy can flourish there, so we were told! Iraq had to be destroyed because it was harboring weapons of mass destruction, so we were told! Syria, Ukraine, etc., etc. the list goes on! In all of these countries, lies had to be fabricated to justify the hidden criminality of the globally entrenched cheating system! See the article (Swiss Propaganda Research) on page 37.
“Next the statesmen will invent cheap lies, putting the blame upon the nation that is attacked, and every man will be glad of those conscience-soothing falsities, and will diligently study them, and refuse to examine any refutations of them; and thus he will by and by convince himself that the war is just, and will thank God for the better sleep he enjoys after this process of grotesque self-deception.” Mark Twain. Good Day!

Controversy arises after two title deeds appear for one plot

0

A couple of residents of Yeka Hill located around Megenagna claimed that a real estate developer is going to evict them from their plots while having a title deed.
The residents stated that they are threatened by the real estate developer who claimed she has received the land deed for 40,000 meter square at the hill which is well known by its luxury residential houses.
They argued that they have legal document for their plot and the rest of the empty plot is green area covered by trees.
According to the residents Birhan Goh Real Estate owner Tsehay Bogale, verbally told land owners that 17 plots are included under her development title deed, even though they have title deed and construction permit to develop the area.
Samuel Ahmed, one of the 17 land owners told Capital that about four months ago he secured construction permit from Yeka Sub City and commence construction immediately to erect three floor residential houses but on the footing stage he is ordered to suspend to construction.
“Getting construction permit has several preconditions including soil test and selection process after this long process we have secured the permit and commence construction but within one month that is about three months ago the sub city wrote a letter to halt the construction,” he said.
The letter issued in October 2019 by Yeka Sub City Land Banking and Transferring Office and Capital obtained indicated that the construction on the plot should be suspended as per the order from the Land Development Management Bureau.
“Initially the letter stated that the decision is given to the sub city from the bureau,” Samuel explained his claim.
He stated that he has been trying to get detailed explanation about the decision from the sub city which insisted him to claim the case for the city administration, “meanwhile I went and ask for details at the city administration the Land Development and Management Bureau head did not give me any information about the decision,” he expressed his frustration.
A week ago during the meeting of Yeka Hill Residents Association the case was one of the top discussed issues and most of the participants claimed that the case should be filed for Takele Uma, Mayor of Addis Ababa, since their effort to solve the challenge with relevant offices could not brew fruit.
Some of the participants stated that as far as their knowledge the plot that is covered by trees is protected as a green area.
However sources told Capital that the company got a green light from Environmental Protection Authority to clear the trees and also paid compensation for clearing the trees.
Sources told Capital that some of the land owners have been talking with Asfaw Legesse, head of Yeka Sub City, on Friday March 6 at his office. “Meanwhile he accepted the case is unfair he told us that the decision was coming from the city administration that the sub city should implement,” they said.
According to sources the real estate developer claimed that the plot was given for her over a decade ago.
Tsehay Bogale owner and manager of Birhan Goh Real Estate declined to give comments.

Ethiopia’s internet penetration less than half the African average

0

The Internet Society together with its partners conducted the first Ethiopia Internet Development conference that took place from 3-5 March 2020. The multi-stakeholder event aims to prepare the country for the new era of liberalized telecom sector and start developing the Internet ecosystem for the benefit of citizens and businesses alike.
Internet penetration in Ethiopia is currently 18.6 percent which is less than half the African average. Considering the country is one of the fastest growing economies in the region, holding a strategic geographic location and having a young population of over 105 million – more than 60% of whom are under the age of 30– connecting and expanding Internet access is a key part of Ethiopia’s Government Strategy to tackle a number of its acute problems such as youth unemployment.
While Internet penetration increasing about 45 percent annually, it has yet to catch up with its peer nations in Africa. The gaps in Ethiopia exist in large pockets of no network zones in rural areas and 4G is only available in the capital. Moreover, Ethiopians are not yet benefiting from the many Internet-related services that other countries have to develop their economies as well as to improve the lives their people.
The conference aims to create awareness amongst policy makers, regulators, businesses, technologists and potential entrepreneurs about the Internet model and technology and create the foundation for a robust Internet ecosystem in Ethiopia in this new post-monopoly era.
“With less than 20% of the population connected, Ethiopia has a tremendous opportunity to expand Internet access and to use it to improve the lives of its people. As one of the oldest nonprofit organizations dedicated to the Internet, we have a long history of working with governments and other partners to help bring connectivity and its benefits to countries around the world. We appreciate the support of the Ministry of Innovation and Technology in this event and look forward to working with them to help expand Internet access in Ethiopia for the benefit of its population, whether they are in big cities or in remote areas” said Dawit Bekele, Regional Vice President for Africa, Internet Society.

ESLSE to buy two vessels

0

The state owned Ethiopian Shipping and Logistics Services Enterprise (ESLSE) is to buy two more vessels to fill the growing demand for dry bulk cargo.
At the beginning of second Growth and Transformation Plan (GTP II) the multimodal monopoly that stated as the only African state owned commercial vessels operator has been targeted buying 15 new vessels including four Roll-on/Roll-off (RoRo) vessels at the cost of USD 80 million meanwhile the period will be ended in June 2020 without action.
It has been also stated that the procurement of the two RoRo vessels, which designed to carry automobiles, trucks, semi-trailer trucks, trailers and railroad cars that are driven on and off the ship on the wheels, was on the process.
Roba Megersa, CEO of ESLSE, told Capital that the enterprise has suspended the procurement of RoRo, while focusing to fill the growing demand for mid size vessels for dry bulk cargo.
“We are considering securing two 53000 DWT vessels to improve our operation on the dry cargo,” he said. DWT or Deadweight tonnage is a measure of how much weight a ship can carry.
He assured that the procurement will be held in the coming budget year. If ESLSE secured the purchase it will be the biggest vessel the country will own.
Currently most of vehicles are transported to Djibouti ports by slot carriers, and some vehicles are transported by Ethiopian vessels.
During the five years of the first GTP, ESLSE bought nine brand new vessels, including two oil tankers which were the first oil carrier ships owned by Ethiopia.
The purchase of the Chinese-made oil and multi-purpose cargo vessels, worth USD 293.5 million, was facilitated by the Export-Import Bank of China, which agreed to lend 80 percent of the cost.
The seven 28,000 ton duty multi-purpose vessels cost 32.5 million USD each while the two oil tankers cost USD 37 million each.
About 12 years prior, the enterprise also bought two multi-purpose vessels from China, ‘Shebelle’ and ‘Gibe,’ named after two rivers in Ethiopia. Meanwhile, the enterprise sold off two of its older vessels, ‘Abay Wonz’ and ‘Abyot,’ to the Metals and Engineering Corporation.
Currently ESLSE has 11 vessels overall, and the two oil tankers are leased to other shipping companies.
The enterprise travels to 327 seaports throughout the world.