Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Lolest! wrote:Quote:Acting under the general “theme song” of fighting corruption, the media have claimed that Mr Wanjigi “quietly runs the country”.
How does he do that? I would like to know. The media also stated that (quote): “For a man who manufactures nothing of note and offers no service to humanity beyond cutting deals and fixing tenders, the Kenyan taxpayer has gifted Mr Jimi Richard Wanjigi a fairy tale existence.” (end quote).
I have several problems with such assertions. Firstly, you don’t need to manufacture anything to become wealthy.
Banks and their CEOs “manufacture nothing of note” and yet they are some of the wealthiest in any economy.
Secondly, “cutting deals and fixing tenders” is legitimate business from which people who have that talent make a healthy living.
It is not, by any stretch of the imagination a criminal activity, rather a service to humanity which is handsomely rewarded. More rational minds might call this “sales and marketing” of ideas and other intangibles.
COMMISSION
Mr Wanjigi reportedly takes a “10 to 15 per cent commission” on any deal he brokers. How is that a crime? Talk to an insurance agent. They pocket about 20 per cent commission on any deal.
The very concept of tenders makes brokerage inevitable because they invoke serious competition in the marketplace; a critical pillar in our adopted capitalist free market ideology. http://www.nation.co.ke/oped/Opinion/Allegations-of--State-capture--are-serious-/440808-4038716-mnx1v1/index.html How much has Wanjigi paid for that Image cleansing? PS we know banks take our money and lend it to others for a fee. Is he saying he's a bank? He's a deal broker, that we know, the master architect of Anglo fleasing, the reason he's persona non grata in the US "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
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