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NSE and the unfolding political drama
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the sage
#31 Posted : Monday, February 15, 2010 2:20:59 PM
Rank: Member

Joined: 11/20/2008
Posts: 367
@AmHere, not really Britain doesn't have a constitution.
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muganda
#32 Posted : Monday, February 15, 2010 2:21:20 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
@mkonomtupu, source please?
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mkonomtupu
#33 Posted : Monday, February 15, 2010 2:26:32 PM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
Muganda, that's RAO's party ODM thro' Musalia, source Capital FM and Daily Nation. Do we really need Kofi Annan back here?
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FundamentAli
#34 Posted : Monday, February 15, 2010 2:29:14 PM
Rank: Veteran

Joined: 11/4/2008
Posts: 1,289
Location: Nairobi
@mkonomtupu

I thought the coalition has its own mechanism of resolving disputes enshrined in the accord. What has happened? Is our man alone in this committee and therefore he has to look elsewhere beyond the accord?

Bringing in AU will be hard. The issue of soveriegnity is taken very seriously. The other principal is the only one with authority to invite foriegners over local matters like he did during the PEV era.
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muganda
#35 Posted : Monday, February 15, 2010 2:36:20 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
the sage wrote:
@Muganda summarised it but he forgot something. Taxes are paid by the middle and upper class, the political class's action is theft for my taxes...


@mkonomtupu thanks, @sage interesting; my point on the other post was it's easy to forget the issue and focus on politics. Now "Politics is the art of looking for trouble, finding it whether it exists or not, diagnosing it incorrectly, and applying the wrong remedy." ~Ernest Benn

See how much has been spent on 'nation building' today - politics takes us nowhere. It would have been much better if they were fired - positive result - and then you leave politicians figuring out the politics as I believe happened in the judiciary purge or KICC.
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  | | Edit by user: Monday, February 15, 2010 2:38 PM | Reason: Not specified
AmHere
#36 Posted : Monday, February 15, 2010 2:38:26 PM
Rank: Member

Joined: 7/7/2009
Posts: 93
@the sage - I am well aware of that. My point is let us sort out the constitution or if you may, the principles that define the structure of government. Then we can finally get rid of these 2 centres of confusion and be weaned off Annan-dependency.

http://www.capitalfm.co....n-over-dispute-7481.html
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mkonomtupu
#37 Posted : Monday, February 15, 2010 2:47:45 PM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
I have just been looking at the constitution and the national accord Act(which is part of our const). Available at kenyalaw. section 6 The coalition shall stand dissolved if 10th parliament is dissolved, the coalition parties agree in writing or one coalition partner withdraws from the coalition by a resolution of the highest decision-making organ of that party in writing.
Section 8 The Act shall cease to apply upon dissolution of 10th parliament or a new constitution is enacted whichever is earlier.
What's your interpretation?
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VituVingiSana
#38 Posted : Monday, February 15, 2010 3:22:27 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
Agra wrote:
Should citizen and Ktn be sued for showing wrong prices in their live feeder.For instance citizen was showing mumias was trading at 7.30 and it had dropped 2.50 shillings i almost got a stroke!

Do you pay KTN or Citizen for the service? Then probably no...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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VituVingiSana
#39 Posted : Monday, February 15, 2010 3:25:05 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
Overall... in some form or fashion 2012 is here...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Zakumi
#40 Posted : Monday, February 15, 2010 4:43:17 PM
Rank: Member

Joined: 11/16/2009
Posts: 152
One can only hope that Raila's sojourn to the Thailand will act to cool off the political temperature he raised and bring sanity to the market.Atleast this will give investors time to cut their losses at the NSE because for sure there is no end in sight for this political game of musical chairs,not until after 2012 and that is assuming that it wont come earlier.
The Strong Do What They Want,The Weak Do What They Must!
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