It is twenty years since Paul Keating won the ‘true believers’ election. No one thinks the Labor Party can win the 2013 election but no one thought Keating would win either. While Whitlam and Hawke are mythologised as Labor heroes, they were always likely to win the 1972 and 1983 elections. In 1972, it was […]

<!– Article rating: –> Khaye Nkwanyana, Lecture on the 31st Anniversary Commemoration of the assassination of Ruth First,  University of KwaZulu Natal, Pietermaritzburg. YCL Branch, August 30 2013 One of the British great young poet by the name of John Keats [ 1795-1821], upon his realisation that death was in sight as his health had […]

On October 10, 2008, with the S&P 500 (SPX/1663.50) at 839.80, the bottoming process began when 92.6% of all stocks traded on the NYSE made new annual lows. That’s a six standard deviation event, which is supposed to occur only twice in a lifetime. At the time many investors were […]