MICRO FINANCE unknown to many is the sole panacea to mass poverty eradication in human society.The blog specifically focuses on the industry around the world but with more bias on Africa-unarguably the poorest region of the world.
December 27, 2022
CHANGING MODE OF ECONOMIC SECURITY.PART 3
I was fond of Upton Sinclair's plan End The Poverty program in
California(EPIC) that i mooted similar program in Lagos(EPIL) and
forecast that ending poverty in Lagos would take a decade.Hams and
Eggs movement had 300,000members and over a million callifornians at
its peak in which the saboteurs reportedly ridiculed the movement
based on dubious economics.Yet in the face of internecine wars by
ridiculous rivals was seen as solution to the state income security
for old age people.Elijah Muhamed did same for The Nation At Islam
planned and packaged socialist program for the colored people.Arthur
Johnson founded General Welfare Foundation of America and denounced
Social Security Act as great American fraud.Ham and eggs raised fund
on 2% tax on corporations and individuals and was killed in house of
representatives in 1939.Production for use was popular in america in
1918 in contrast to production for profit in the reform movement of
the period that gave birth to technocracy initiated by a patent
attorney in
CHANGING MODE OF ECONOMIC SECURITY.PART 2
Thomas Paine's logic of common sense appealed to native americans same
logic was instrumental to their political independence.Paine's system
of agrarian justice based on 10%inheritance tax also partly
contributed to economic freedom- social security of post depression
era.Civil war pension program,State and company pension
programs,Coxey's and Townsend clubs which died a political death made
their early impact too.Townsend clubs had 2.2million members within
two years of being introduced.The passage of social security act of
1935 accelerated graveyard silence of Francis E.Townsend's
vision,buried in dustbin of history.Charles E.Coughlin,had a weekly
Radio of 35m.-40m.listeners.The passage of the act destroyed this
beautiful dream too.When in 1936,Townsend and Huey Long's Share the
weath movement came together to form 3rd party against devil Roosevelt
their sworn enemy to contest presidential election of the period and
prevent New dealer from being elected,faded as it were into obscurity
and finallycrashed.
CHANGING MODE OF ECONOMIC SECURITY.PART 1
Our world is fast changing and the people and sciences that support
it.With the new proposition by Neomarxism and Marsolism,we benchmark
and juxtapose with similar ideas worldwide.We take the United States
as a case study in this context.All over the world,changing mode of
economic security,is hidden catalyst to the spectrum of universal
economic progress.First,it was the feudal lords guarranteed by land
and labour of slaves and later evolution of formal system changed the
key metrics in mordern custom as land was snapped from feudal lords
and transformed into villages,towns and cities in the face of
ballooning populationtime bomb.Thetraditional guilds later came to
occuppydynasty and customary influence onceaccorded to the feudal
lords andsquirearchy.America adopted same poor law tradition asher
colonialmaster and subsequently welfarism and freemasons stepped in to
fill thevoid of economic security,priorto the emergenceofsocial
security act of 1935.We briefly examined the contours of history
sequel to 30s.
JIM CROW.CHAPTER 2,PAGE 2
addiction''Oh my late dad's bossom,fellow Tuskegite,i knew it was
you.I told my wife to get down to meet you.Are you back from beverly's
and detroit now and done with automobiles?''Long ago,3years now but
got no pension.They decided to remove blacks from payroll
pension.'shook head as he listened to the weary Tuskegite.'Racist
policies everywhere deliberately to deny blacks their dues.Yet
prejudices fly with racism and bar people from talking about
it''Exactly you get the gist.Ibram X.Kendi a black man,award winning
scholar in the study of history of racist ideas published in 2019 How
to Be an Antiracist,wrote about it.''Oh you've read that too.''Yea''he
said america needs transparent self reflection and critical thinking
otherwise americans who swear theyare not racists continue to hold and
support racist policies.Therefore in the book,heshows how to be
antiracist.''Youre right Ibram Kendi also teamed up withyoung Jason
Reynolds to write and publish Stamped:Racism,Antiracism and
You.''Youknow that samebook
December 26, 2022
JIM CROW.CHAPTER 2 PAGE 1
JIM CROW.CHAPTER 2.PART 1
ibikunle laniyan
Nov 15, 2022, 7:21 PM
to laniyanibikunle
Joe louis door was knocked by old man and forced by spouse to attend
to the strange knocks.'i can hear dreary knocks downstairs?You re much
concerned about books and dead to fungi and matters around you.''she
complained.'And you think so?'Why didnt you hearthat knock?''Go
downstair andattend to it.Bring upthe old man to thepassage and i'll
bein the library in a jiffy.ok.''She stood upin her pyjama and the
eyebrows she raised and the pat,woke him up in the new day.He
continued with the last 17 books,reviewed on Mashable in an essay
written by M.J.Franklin documented books by black authors shaping race
relation in america.Franklin had said in the essay's intro entitled:17
books by black authors that are shaping our conversation about
race'sometimes the best way to understand the world around us is to
pick up a book'He was more interestedinthe powerofthe booksbeing
thehiddentruthaboutthe environment man deserts.Theold man smiles
sheepishly opening library door and commended him:Big joe you're back
to your ver
December 13, 2022
MY WORLD CUP DREAM
3.1 did it again.It defeated Ronaldo team in penalty shoot out to set pace again becoming first African team to get to semifinal since 1930 when the mundial started.In above photo, somebody is pointificating. Now I wish any of the two underdogs to win world cup preferably Croatia beating Morocco in final.Shallom.
December 9, 2022
REVENGE
to be disposed otherwise to the truth of the matter risk the slavery of mordern art.Peradventure,one enthuses that curbing avarice could lead to it's censure and abdication.Revenge on the increase at alarming rate is spurred by unbridled growth of capitalism and avarice.However,it has taken an entirely different dimension in mordern neoliberalism arouses insecurities between companies and between nations in the global community.To be precise, revenge comes in the mode of competition for companies in the market place.But for nations in the international community,it is declared boldly and rival nations faced their fate accordingly.For instance cold war rivalry between Russia and America took close to 70years to wage.The crash of old Soviet necessitated Indirectly the Russia Ukraine war masterminded by revenge of America against the country with world largest landmass.Revenge can take many dimension with sometimes Illogical steps from it's victims or victory.Contented arts barely brawn nor bicker their conditions when it arises in the horrible canyon of the most unpredictable nebula facing modern age.Contentment is the key to absorbing avarice and must not be taking for granted.Taking a look at the jobless boys in various betting centers in Lagos,we see above photos of contented boys and men thinking out of box trying to make ends contented with their position.
December 6, 2022
THE END OF THE YEAR
Shallom.
December 5, 2022
GOLDEN THOUGHTS ON EMPIRICAL FIELDS.PART 3
perspective grows in transition to enable capture of the whole view
and its constituent parts with the whole balance persist over time
turning the tides over like natural force.This enables critical
indepth view of the whole crisis spot and not abandoning the graver
consequences of the beautiful accomplishment.Man on the empirical
fields is much more concerned about the blissful adventure of
benediction nottraumatic ravages of malediction and lamely the
forecast resolutionto dampen the incongruence.He lamentsin most cases
when heproffers solutionand such task is left to the successive glides
of utilitarianists.And where they show a sample of resolution it is
only implemented at the elementary stage to spawn a critical lineage
of long term innovation.Cultural hazards like technology chaos and
social chaos catapulting malaise as social debt items pan out in the
same way.We struggle at most crucifix,mordern civilisation in this
context isfaced with challengesof benevolent inventions and malevolent
innovations.
GOLDEN THOUGHTS ON EMPIRICAL FIELDS.PART 2
To gather intelligence otherwise also known as expired empiricism,is a
tortuous journey on the utilitarian field in a thoughful transition
composed of expertise,timing,psychological transport,ideology,location
or environment,intelligence gathering and crisis resolution.An
empiricist then autilitarianist must identify a crisis spot toproffer
a resolution after a cerfiablelevel of extensiveenquiry and
intelligence survey.Utilitarianists in this context in the web
oftransitory field construct and promotecomplex and astonishing
edifice of morderncivilisation.This experiencedesign could be later
retrieved and consumed by successive generation or civilisation and
such cummulative packets of intelligence or information freedom if not
critiqued by later generation will quash doldrums.And to those who
arrogate as shallow the truth of the past,the concerted efforts of
prior gladiators might be ridiculed but certainly will spur a new age
of mass innovation and entrepreneurship.Truthfully,moral edifice of
psychological
GOLDEN THOUGHTS ON EMPIRICAL FIELDS.PART 1
Mankind is an empirical animal planted on the empirical field of knowledge in most cases and it runs the utilitarian fields with the knowledge of the former field.in this treatise the blogger explores the strategic impactthe field interaction with man have had on survival of homosapien.
Nature is a journeyman in the empirical field recording the spectre of
golden thoughts it mines from the spigot of invinsible abstraction
field and supplanted in the utilitarian field of knowledge harvested
in the empirical field when the nature of such condition and event
periodically dies when they less matter at the depletion of its time
and maturity of lifetime in a given culture and cultural life
cycle.And lo culture becomes a mother and subsequently,It left behind
a gigantic book as the world greatest investment,remains of world
information stock market to which time and seasons,age and epoch never
weary to admit astrographical riches of the earth.We cannot be coerced
to unravel the majestic tapestry of this historically industrialised
field until we've gain a mastery of its fortune including both
benediction and malediction as the case maybe at a particular time.A
good student of history popularly known as historian barely challenges
its empiricists'master craft in the critical rendition of empiricism.
ibikunle laniyan
Wed, Nov 23, 12:46 PM (12 days ago)
to laniyanibikunle
November 16, 2022
ARISEN GRAVEYARD
How oft it is when men die that death may die at the point of
grave.Should there be mercy that it may flee abode at their keepers
wrath.O that truth may come from its den as a lion that it may speak
that my sordid and blisful pen brutal than death and merry as sweet as
the lollipop and mercurial as the day.Graveyard that hath sucked my
uncle's bone dry as the sanddunes hath been impuissant to transit him
dead bone into the graveyard.To behold that my pen hath tucked the
graveyard beneath his foot so death's pale flag emasculated him ere
his transition into the yard of silence.O graveyard,earnest brute of
the heaven's moisture speakest thou foul to give up his carcass for
the resting place.O what more favour can my pen do to recalcitrate him
sheol.Is such axiom so crimson in thy lips to utter and swallow in thy
guttural?Depart again death as brute as my pen sallow;for the grave
shall not have my uncle's recumbence to the yonder beneath.Now will i
lay myself with everlasting life to ferry comfortable comfort,
THE FUNDAMENTAL ECONOMICS OF MARSOLISM.PART 2
In the marsolist fundamental economics,being the primordial basis of
marsolist of economics,there are basically ten theories to be
considered.They include the theory of the firm,the theory of the
consumer,the theory of the market,the theory of the society,the theory
of ideology,the theory of history and the theory of culture otherwise
known as the theory of existence.The strategic interaction this true
theory of the market system speaks volume of the fundamental theory of
the market system and the theory of human welfare and theory of price
system,the theory of time and theory of price time
investment.Understanding these 12theories differently creates
ordinarily strategic ease of passage into the goldenage economy.The
purpose of humaneconomy wouldsoonexpand until itreaches a stable
climatewhen it will then bedriven by ridiculous contempt of
welfare.Degrading profitmotive andthe maximisation of profit
motivetocitewelfarism asthemost realisticpurpose of theoryofthe
firmwouldsoonbe proven beyond a reasonaldoubt
MANAGERIAL ECONOMICS REDEFINED AND FIRM'S VALUE.PART 3
its research and development personel to engage in development of new
products vital to further grow total revenues.However,it is a logical
disservice to the ingenuous method of inventive art to accrue the
determinants of a firm's value as shown in the last equation to equal
the equation.That the value of i depends on the riskiness of the firm
as shown in chapter 15;and conditions of the capital markets as shown
in chapter 16.That the values of TRt depends on:1.)demand and
forecasting noted in chapters 3-6;pricing as shown in chapters
11-14;and new product development in chapter 8.That values of TCt
determine by 1.)production techniques shown in chapters 7-10;2.)cost
functions in chapter 9;and 3.)process development.Hence,Mansfield
concluded a firm's value depends on factors influencing TRt,TCt and i
and the allied constraints.While it is necessary to realise that the
constraint factors it faces endear it to explore optimised innovative
techniques should ordinarily create leverage for its continue
existence.
MANAGERIAL ECONOMICS REDEFINED AND FIRM'S VALUE.PART 2
That the profit equals total revenue(TR)minus total cost(TC) as
expressed in the equation =£n,t=1TRt-TCt%(1+i)t.where TRt is firm's
totat revenue in year t and TCt total cost in year t.We might query
this equation logically as abnittio as apriori.Does it not amount to a
blunder of strategic analysis to suggest managers and
workers'capability in influencing a firm's value in an astray lacking
the mettle to evaluate the possibility and probability of all revenue
options available to firms in the marketplace?Is it positive or
negative?if positive then it maystrive to reduce its cost and huge gap
can be witnessed b\w two curves-cost curve and profit curve.There is a
limit to which its marketing managers and sales reps can go to grow
total revenues,neither its production managers nor its engineers to
practically reduce cost budget to the barest minimum.Not to demystify
the velocity of ratio at which capital is procured in the marketplace
that is determine by price time investment.Though it's desirable for
its
MANAGERIAL ECONOMICS REDEFINED AND FIRMS'VALUE.PART 1
We redefined the context of managerial economics and charts a new dawn in the academic appraisal of firm's vavalue
In the book Managerial Economics by Edwin Mansfield,methinks we quite
agree that in theory of firm,firm generally tends to maximise their
value and has control over its value and can set at any level it
chooses contrary to mansfield irrespective of constraints.Constraint
factors on the limitation of value such as limitation of input
factor,related capacity constraints in respect of procurement of
materials,human resources,specialised equipments,timing of
expansion,dearth of technology,legal and contractual constraints and
taxes.They can limit the cashflow or ratio of profit it can generate
and constraint on a firm's actions main analytical relevant techniques
for this problems are contained in constrained techniques like linear
programming etc.A firm's value is defined as the present value of
expected future cash flow and as expressed in the
equation=#1%1+i+#2%(1+i)2+....+#n%(1+i)n=£nt=1%(1+i)t.where # is
expected profit in year t,i is interest rate and t moves from1(next
year)to n(last year of planning spot)
JIM CROW.CHAPTER 2.PAGE 6
to When They Call You A Terrorist:A Black Lives Matter Memoir by
Patrisse Khan-Cullors and Asha bandele,it seems the lot of blacks is
to go jail as captured by most fictions in the review.They boast of
no good memoirs,dry of intellectual freedom,throwing in the towel and
mostly disinterested in celebrating the great black inventiveness.You
went to Tuskegee like Dad and you inspire me too including my son,what
efforts did Tuskegites of your generation make to change the
statusquo?Have you documented your own personal experiences too?I
Think Dad did not`'i told him same thing and was reluctant lamented we
were defeated race,that anything you do will not be appreciated.I
documented my experience and i could tell my best experience with
him.Do you know your dad died as a result of vietnam war?''You mean
what,did he go to vietnam?'Of course we fought together in the
samefront at Saigon.''Jesus he didnt say a thingbut i only saw him
wear military uniform when he said it was just a cameo''No,he served
for 20years.
JIM CROW.CHAPTER 2.PAGE 5
New People,a novel by Danzy Senna a suspense thriller follows story of
biracial Maria a New Yorker,a research scholar,entrepreneur seemingly
living the perfect life.And then she questions the dreary notions of
defined expectations and interested in black narratives not conforming
to expected script.''Dont be silent about Ta-Nehisi Coates author of
We Were Eight Years In Power.A collection of Coates essays about race
and history and power during Obama's presidency.He also wrote Between
the World and Me''The book is part of review here too.Jesmyn Ward
wrote Sing,Unburied,Sing an award winning novel draws inspiration from
experience of family facingthe embattled choiceof racial dynamics in
the americansouth about 13year jojo and hismother Leonie road trip to
pick up his father in Mississipi.When you explore the contents of
these books from Why am no longer talking about race to white people
by Reni Eddo Lodge;Dear Martin by Nic Stone;This Will Be My Undoing by
Morgan Jerkins;An American Marriage by Tayari Jones
JIM CROW.CHAPTER 2.PAGE 4
The Six African Americans Who Escaped slavery and became Millionaires
in America.''U have read Thick:And Other Essays by Tressie?''Nope,you
mean Tressie McMillan Cottom''Yea,a collection of essays on black
female experience in america.''I Love Ghost Boys,by Jewell Parker
Rhodes.Jerome main protagonist was killed a fate similar to Tamir Rice
a 12year old massacred in 2014 in Cleveland.The murder is done by
officer who confuses toy gun for real gun.He moves round as a ghost
meets Emmett Till 14 year black teen murdered in 1955 and later also
meets Sarah,police officer's daughter and try to uncover sources of
Jerome's death.''Danez Smith's Poetry collection Dont Call Us Dead is
particularly inspiring.It treats black challenges,hostile environment
they operate opens the poetry with'Summer somewhere'a 25page long
elegy imagines paradise for black boys murdered by police
brutality.Angie Thomas wrote The Hate U Give a New York Times Best
seller.It tells the story of Starr Carter a sweet little sixteen
trying to
JIM CROW.CHAPTER 2.PAGE 3
was written in Reynold's neat voice drew inspiration from previous
book by kendi.''Franklin said it 'condenses kendi's expansive
nonfiction masterpiece''exactly,entitled Stamped from the
beginning:The Definitive History of Racist ideas in America.About
10chapters of 246pages.You have none on your shelf''Excerpt for the
joint publication,i dont have the rest.See papa,i stumbled on many
books so far written on antiracism and black freedom.'Like
what?'Colson Whitehead wrote Pulitzer prize winning novel'The Nickel
Boys'published by Penguin Random house.'Was it not the novel written
on real life reform school in Florida where boys weremurdered
andregularly beaten for a good century?'Yea,it focuses on Elwood
Curtis a blackteen.''Yea,but he wrongly ends up in nickel academy,a
fictional academy.'You know Curtis,he had friendship with Jack
Turner,another black student.Cast in 1960s both faced the tragic
reality of being a black boy in america.''I love Shomari Wills,author
of'Black Fortunes:The Story of the First Six
JIM CROW.CHAPTER 2.PAGE 2
addiction''Oh my late dad's bossom,fellow Tuskegite,i knew it was
you.I told my wife to get down to meet you.Are you back from beverly's
and detroit now and done with automobiles?''Long ago,3years now but
got no pension.They decided to remove blacks from payroll
pension.'shook head as he listened to the weary Tuskegite.'Racist
policies everywhere deliberately to deny blacks their dues.Yet
prejudices fly with racism and bar people from talking about
it''Exactly you get the gist.Ibram X.Kendi a black man,award winning
scholar in the study of history of racist ideas published in 2019 How
to Be an Antiracist,wrote about it.''Oh you've read that too.''Yea''he
said america needs transparent self reflection and critical thinking
otherwise americans who swear theyare not racists continue to hold and
support racist policies.Therefore in the book,heshows how to be
antiracist.''Youre right Ibram Kendi also teamed up withyoung Jason
Reynolds to write and publish Stamped:Racism,Antiracism and
You.''Youknow that samebook
JIM CROW.CHAPTER 2.PAGE 1
Joe louis door was knocked by old man and forced by spouse to attend
to the strange knocks.'i can hear dreary knocks downstairs?You re much
concerned about books and dead to fungi and matters around you.''she
complained.'And you think so?'Why didnt you hearthat knock?''Go
downstair andattend to it.Bring upthe old man to thepassage and i'll
bein the library in a jiffy.ok.''She stood upin her pyjama and the
eyebrows she raised and the pat,woke him up in the new day.He
continued with the last 17 books,reviewed on Mashable in an essay
written by M.J.Franklin documented books by black authors shaping race
relation in america.Franklin had said in the essay's intro entitled:17
books by black authors that are shaping our conversation about
race'sometimes the best way to understand the world around us is to
pick up a book'He was more interestedinthe powerofthe booksbeing
thehiddentruthaboutthe environment man deserts.Theold man smiles
sheepishly opening library door and commended him:Big joe you're back
to your very
UNFUNDED TAX CUT
New Prime minister recently took over power in Britain on Monday
after he met endorsement of over 100members of parliament in
accordance to rules of 1922 committee.Rishi Sunak,the first asian and
firsthindu british prime minister and youngest prime minister in
200years at age 42.After he was approved by the Monarchy,the superrich
banker and former chancellor who served Brexiteer Boris Johnson,the
people's choice for two years took over no.10.Downing Street in a
bigbang 44 days after Liz Truss the late Regina Windsor's last choice
as PM resigned.I keep wondering still uncomfortable albeit my
imponderables,what has come over Britain that they have 3 prime
ministers,in two and a half years,3home secretaries and 3 chancellors
during the same period?Is it that they also lack capable hands to
handle purely economic matters as it were since 1832 when Robert Peel
became first democratically elected prime minister after the great
reform act of 1832 or ever since Walpole became the first prime
minister and gallantly
November 15, 2022
BROTHER'S KEEPER.SONNET 4
New Prime minister recently took over power in Britain on Monday
after he met endorsement of over 100members of parliament in
accordance to rules of 1922 committee.Rishi Sunak,the first asian and
firsthindu british prime minister and youngest prime minister in
200years at age 42.After he was approved by the Monarchy,the superrich
banker and former chancellor who served Brexiteer Boris Johnson,the
people's choice for two years took over no.10.Downing Street in a
bigbang 44 days after Liz Truss the late Regina Windsor's last choice
as PM resigned.I keep wondering still uncomfortable albeit my
imponderables,what has come over Britain that they have 3 prime
ministers,in two and a half years,3home secretaries and 3 chancellors
during the same period?Is it that they also lack capable hands to
handle purely economic matters as it were since 1832 when Robert Peel
became first democratically elected prime minister after the great
reform act of 1832 or ever since Walpole became the first prime
minister and gallantly
BROTHER'S KEEPER.SONNET 3
brood of moses and kith'n`kin of Joseph Laniyan's whose daisy kick a
centurion's evening toss had passed beyond annals'kismetic
handikraft.Literati Moses as well as her jolly comfort,supplanted in
the mercurial sanddunes from turbulent abnittio across the median
trudges fallen in the wilderness,whereon mothernature assumed
parentage to aid bewildered kinsmen navigate last vestige of virulent
memoirs.Heypresto Abraham and Jonathan struck blackgold from the
beaches of sanddunes.Bravo,gnomes in zurich kinsmen partying in eulogy
of mothernature and abraham's kinsfolks globetrottersacross
thegluts.Sunny times'bliss,glowing the leagueand tepid sun interred in
the median passage as the purple birthirradiatedthe junglesof
deforested sands ofsahara,pack of wolves,feeding the scavengesof
fallen dreams.Agolden troth of brother's keepers' wedlock,who can
divorcethee?There miscarriages of broken troth barely fathoms
sweetening eagles of the air and roses of the rosecoloured
petals,threatened to fade in pinionofdingy sand
BROTHER'S KEEPER.SONNET 2
Let the consortium bloom phosphorescence as the lillies and the
eagles,Arise we arise villatic gangsters in the encroaching urbane
genus,bade overseas,kindred,in the clique of gemutlichkeit,radiated
bonhomie beyond golden roots,Not the gild clothed with cadre of
sobriqueted irreverence and sodality to commune discord apple break
the brawn of the junto,but a bloodline,a blood squads of
klatches,maelstromed in the empyreal chapter of nuclear gangsterism's
renaisance.And we dreamy mobsters in the cabalised camarilla of
rudderless confederacy,barely adrift the good-bad wine of glutten
sororities,bade for better days.Mafia of ogbomosho beverages and
brewery gluts,inthe tempestuous quivers in Lagos accelerated broken
gorgesas nethers of band's collective rings emasculated progenies
andkinsmen asundered in trenches,community of plutocracy-hungry menage
and wandelust-kinfolks.Hungriots and junketing wolvesin the piety of
broken sands and broken gongs.Cuzzie-bros,ainga of own flesh and
blood,of nearest and dearest
BROTHER'S KEEPER .SONNET 1
A million laughs a million miles away do i lovemy bloods?A tooth for a
tooth to hideneurosis,a thing about something,not to abalienate to the
abaftof sunny times.Oh am my brother's keeper in thetedious sun's
astern till adversity's loath
andsmothered,mollusk abbot-generals,my
archabbotsofcomradeshipsings untramelledtedious sun'selegyat
abattoir.Astenderfoot abloomgonegaga withthiselegy,house
ofrancourplummets
afarwherefeticideofrapprochement,aborticideofbrotherhood's
abnegationsings eulogyofthetedious sun,abalone to abaloneableist
language hath renderedcivility impuisant.Abluent of
thislanguage,clannish kinship drooped over the rancorous wall,in
florescence ablushed and reddened in a tangle of wildrose bushes
offraternity's savages.My genealogy,abolla of collegiality?what
abomasum a bolt from the blue,clad in the velvet of painstaking a bon
marche?Lucre and nuptial knot,plays the elegy o what abortifacient
hung over this abortus of clique's broken reed to quell ab ovo as
posteriori?
DATA SCIENCE.PART 2
However data is generally defined as representation of facts about
something.We analyse data using the three fields of knowledge ranging
from abstraction field to utilitarian field onward to empirical fields
where objective data operates on a concrete framework.Subjective data
operating the fiction parts full of dots.Data can be both fiction and
facts and when it is objective data it is facts and a fiction when it
is subjective data and it begins with dots,signs and later symbols and
then units and bytes.It produces two types of data intelligence both
man made or artificial intelligence or robotic
intelligence.Application programs on a computer can be described as
robotic intelligence that is a particular sets of data has been
robotised and given us robotic intelligence and nonrobotic or natural
intelligence such as stored in the space or in the person's mind.The
stages in the generation of data include the following data needs;data
identification;data profiling;data assemblage and organisation;data
selection
DATA SCIENCE.PART 1
The world is governed by information and the main motive of the
economy of existence and the science of history being culture is to
provide information that is backward audit of history and to generate
and promote transformation in terms of the backward audit of
history.Forward audit harvested at the effects'end and backward audit
at the causal end when a given tuber or metric tonne of information is
invested.This information investment however is called decision and a
price that is paid for the investment.We explore the meaning of
data,the state of data,stages of data that form the data cycle and the
essence of data or data generation,data theory and data economy and
the growth of data GDP in the long run and the impact of data or data
generation capacity in the ethonomy of development cycle and the role
it plays in the causal influence of all other sciences that govern
human,social,political and economic and so to say cultural
technological endeavours.We do not have to bother about concept of
data and use.
November 10, 2022
LOAN DOCUMENTATION AND BANKING FINANCE.PART 1
Banking services in this part of the world to those with meagre
knowledge of the nature of banking is considered absurd owing to not
too informed verdict about financial services in general.Nevertheless
access to banking services is a life transforming affair for seasoned
economic agents.In this essay the blogger ibikunle laniyan examines in
the process of finance and critical access to credit facility,loan
documentation invariably makes a difference and to understanding
various documents used in the credit negotiation could go a long way
in getting finance to the borrowers alike.We explore various documents
banks require to make loans accessible to clients below.It appeals to
several types of facility especially to the mortgage facility.Enjoy
the reading.Offer letter readily comes when borrowerseagerly initiate
loan process.A document that specifies loan terms and
conditions,subject to interested borrowers examination.If agreeable to
stipulated terms signs the letter often adjudged binding to both
parties.
LOAN DOCUMENTATION AND BANKING FINANCE.PART 3
There is a debenture when the borrower creates a charge over its asset
in favour of lender.This means the lender is given some interest over
some asset of the borrower.Obviously,the lender takes over in the
event of borrower's default and sell it to get repayment.2 types of
debenture fixed and floating charge,the former is a fixed charge on
specific fixed asset while the floating charge floats on inventory or
non constant assets like shares.Another option is a combination of the
two.Moreover,stock hypothecation floats on the use of stock of goods
as collateral.Companies that deal with large stock of goods fall into
this category and could use the stocks as collateral and maybe seized
in case of default.We shall not rule out the letter of lien and set
off.A borrower uses the letter to create an interest over the
borrower's asset,in favour of the bank.It could be cash in a bank or
property.The borrower simply signs the letter stating that it gives
the bank a right of lien over the specified property.Borrower
FINTECHS AND THE NEW WAVES OF DIGITAL REVOLUTION.PART 13
microfintechs spin offs from traditional fintechs serving communities
and states at most.Outlandish innovation incorporated into the value
chain tends to abhor this missing link.It could only do a disservice
over the longterm to alienate the underserved and the unbanked poor in
general.As vertically intergrated value chains declines in the
financial sector and technology enabled disruption practices
exponentially explores financial clarity,identify promising innovation
policy makers as well investors and regulators must undergo
intellectual reform.And in terms of opening up financial landscape to
the poor specifically its chronic gross underperformance in this
aspect,leaves muchto be desired.However,CGAP understudying the
evolutionary paces,points out the missingspace for the unbankedpoor in
the fiercely competitive highly sophisticated consumer mass
market.Same missing space muchmaligned by traditionalbanks to ignore
theinformal sectorat largehad been imbibed by fintechs in the
emasculating and insensitive
FINTECHS AND THE NEW WAVES OF DIGITAL REVOLUTION.PART 12
of highly competitive driven business products and valuebased
services,altering corporate models and transforming financial value
chains enhanced by eyepopping regulation that left legacy banks green
with envy and goose pimples.Nevertheless,in the context,in the clarity
of strategic innovation enterprise between specific innovation and
financial inclusionis often assume rather solidly proven.Hallucination
and all the buzz around fintech sound crazy,viciously intriguing and
absolutely grotesque.As fintechs perpetually abhor this potential
link,strategicgoal of poverty eradication goes up in smoke and the
glory of everlasting influence now belong to sovereign wealth fund
fintechs(SWFF\SWEFFINs)whose asset should begin from a trillion dollar
up.Practically we expect fintechs to evolve from microfintechs with
paid up capital less a billion naira or $2m.to $5m.at black market
rate.Their elitist approach also explains fully their programatic and
institutional notion of grassroot disconnect. Or better still several
FINTECHS AND THE NEW WAVES OF DIGITAL REVOLUTION.PART 8
SA accounts for 40%african fintech market,with Ghana and francophone
westafrica and then nigeria and egypt growing until 2025 at 15%,13%and
12%respectively.11 Markets comprising
nigeria,Ghana,Egypt,Kenya,Tanzania,Southafrica,Uganda,Cameroun,Senegal
comprises of 70%and 50% of african GDP and population respectively
take the fintech radiance where growth will be concentrated.Inspite of
all the activity,only a handful of unicorns start ups with
$1b.valuation like kuda,flutterwave etc.Navigating the key component
challenges of sustainability,scaleability,profitability,technology
ecosystem,regulatory framework and corporate governance is a major
hurdle.This is navigable with robust business method.Forget that in
assumption of similar investment levels per customer,that is 4 times
harder to achieve profitability in africa than in latin america and
13times harder than it is in EU and 20times than America,a globalised
fintech with unique business methods escape unhurt.We quite agree
regulatory framework uncertain,
FINTECHS AND THE NEW WAVES OF DIGITAL REVOLUTION.PART 11
(KYC),General data protection regulation(GDPR) and a whole lot of
regulatory bodies to deal with based on divergent jurisdictions they
work with.They include office of comptroller of commerce(OCC),Consumer
financial protection bureau(CFPB),commodity futures trading
commission(CFTC) and federal deposit insurance
commission(FDIC)regulate their conduct in america.Fintech start ups
should learn from them prior to venturing and inherent regulatory risk
as they vary from country to country reduces to the barest
minimum.Moreover,fintechs niches go beyond just digital banking and
comprises of popular niches like investment management,wealth
management,digital lending,mobile banking,global money
transfers,insuretech,regtech,microfintechs dealing with digital
microcredit,loans and advances,blockchain and Artificial intelligence
based solutions,crowdfunding,emicroinsurance,eREITs,e-micropayments
and mobilepayments,financial product services.There is a lot of stuffs
to be done in the heavily untapped underbanked and the
FINTECHS AND THE NEW WAVES OF DIGITAL REVOLUTION.PART 10
negotiated terms of investment in the digital bank.Protecting the
intellectual property assets is vital to the survival of a digital
bank.Property such as the logo,software,apps and source codes from
appropriate registry such as National copyright commission(NCC) or for
trademark,patents and designs registry.The setting of robust corporate
governance platform to ensure sound corporate governance practices
with duly constituted board comprising at least one independent
director and required board committees etc.A staggering host of
boundless opportunitiesawaitsfintech start ups,which are under
mandatetoworkwith specified apps and softwaredevelopers ranging from
digital lending,digital banking,consumer efinance,digital
microcredit,due to the fact that they aid users to
bank,pay,save,spend,invest,borrow and generate money.Digital banks and
fintechs are also heavily regulated.Considering regulations such as
antimoney laundering(AML)policies,payment card industry data security
standard(PCIDSS),Know your customers
FINTECHS AND THE NEW WAVES OF DIGITAL REVOLUTION.PART 9
The emergence of fintechmania came with a lot of sensation and more
than ever before Nigerians are expressing interest,making increasing
enquiries at the local commercial law firms on what it takes to set up
digital banks in the country.The central bank guidelines in this
context for digital regulation and specific licensing regime yet to
emerge but the prevailing initiative to work with available financial
licenses share consensus across the board.The extant licences below
will fill the gap:a.The use of microfinance bank licence.b.Payment
service banks licence.It can accept deposits from clients but cannot
issue loans.PSB licence can be obtained by established banking
agents,telecom companies and available fintechs.Capital requirements
to obtain licence is 5billion naira.c.Finance company licence.capital
requirement:100m.naira.The receipt of licence by promoters is followed
by CAC registration and promoters must ensure they have right contract
in place to protect their business interest coupledwith properly
FINTECHS AND THE NEW WAVES OF DIGITAL REVOLUTION.PART 7
intechs surpasses $1tr.annual global revenue.Mobile payment dominated
revenue and payment apps like paypal,payoneer,Venmo,apple pay and a
host of mobile money services prevalent in SSA region.The region
account almost 50% or 48.4% of active global mobile money
users.Bureaucracy in public civil services drasticaly reduces
including ease of opening bank account,including telecom services,made
accessible to the larger audience.The growth of cyberattacks could be
equally mindboggling.MPESA witnessed a wave of organised crimes led to
huge loss in kenya.Kuda in nigeria and Zazu in Zambia raised over
$3m.still shows remarkable resilience.Mckinsey analysis shows african
fintechs have made remarkable inroad with revenues between
$4b.-$6b.per annum in 2020 and penetration levels excluding south
africa absymally low at 3%-5%.Cash still used in 90%of transaction in
africa compared to less thanU.K.20%currently.Africanfinancial services
based on the study could grow by 10%annually growing by2025 to $230b
excluding SA.
FINTECHS AND THE NEW WAVES OF DIGITAL REVOLUTION.PART 6
Creates insurmountable hyperchallenging task and possibly could under
deliver.Two or three years,blockchain technology came with lot of
excitement that could revolutionise banking.But with media overhype
fallaciously underdelivered and seriously underperformed below its
potential.In 2020 about 50billion devices was connected to the
internet collectively known as internet of things(I0D) and prompted
trillions of small but realtime transactions,conducive for fintech
services.Now with the new waves of fintech services,a good fintech
should be able to leverage on thousands and millions of
wallets,cryptos,AI,blockchain,IODs toprovide cost effective
electronicbanking servicestoany types of clients even the unbanked
populace.With emergence of financial technology revolutionising the
value chain ranging from blockchain technology,to digital
banking,mobile payment options and crowdfunding,boundless
opportunities massively created should be leveraged to solidly proffer
solution to its institutional inadequacy.In 2019,
FINTECHS AND THE NEW WAVES OF DIGITAL REVOLUTION.PART 5
be overtaken by the new techies.Blockchain,AI,cryptocurrency and smart
contracts currently usurped the public ovation,deemed to be core
competence of any financial institution in the next decade.Equipped
with highly datacentric technology,financial institutions will be
positioned to offer improve faster risk assesment,customer product
matching,enhanced security and customer focused and intelligence
driven operations.The rise of fintech or financial technology enables
market competition even could share infrastructure and equally legacy
banks to rething their technology and grow innovation for better
services.Digital banking as one of core fintechservices grew from
innovative practice androde on consumer interest and on the frontuser
experiencefor the mobile apps moving to the backend,with
greateremphasis on data analytics.To add valueto the services
enterprisebanks find common ground to collaborate with fintechs or
fintech startup to grow this valuechain.The strategic delivery of
institutional capability
FINTECHS AND THE NEW WAVES OF DIGITAL REVOLUTION.PART 4
In the latin america and caribbean region high data cost was cited by
60%of the unconnected as main obstacle to internet access.83% of
people in africa live in mobile connected areas but only 27%are using
them.This critical regulatory and institutional inadequacy could stall
the beautiful dream,promotional expansion and rapid access to
fintechs'services online.Nevertheless the golden spiral of fintechs
continues to be one of the major drivers of digital revolution
waves.For instance previousyear was a banner ad.for this golden
investmentever acceleratingthe valuebased services for rapid digital
transformation.The industry according to BIS study attracted a
trillion dollars from over 35,000equity deals grew exponentially to
5%from mere 1% since 2010.The top 100fintechs already account a
staggering value of $2.7tr.compared to the top 100banks with value of
$7.1tr.The growing spectrum of decentralised finance replacing legacy
banks and traditional intermediarieslike banks,brokers and insurance
firmsseem to be
FINTECHS AND THE NEW WAVES OF DIGITAL REVOLUTION.PART 3
also examines concerted effort maneauvered at bridging the divide.Less
than 10%of the poorest percentiles in africa could access the
internet.51%of south asia women less likely to use mobile
internet.Unfortunately when vulnerable poor population access the
net,lack of digital education frustrate the whole effort.In most
african countries,using my country interpersonal user based
experiences,the more access mobile connectors in africa get,the less
research and capacity building,they accommodate,a cardinal point why
ignorance and misery rises in the continent.From Chile where Cuenta
Rut as national ID linked basic account operates over 2million
vulnerable Chileans received social assistance payment directly to
their bank accounts in the face of massive closures of offices to shut
out virus spread;to Cote d'ivoire where govt provide medical screening
and infection geolocation intelligence,containment measures were
succesfully deployed.Turkey provides elearning platform with over
1million teachers to 18m.students
FINTECHS AND THE NEW WAVES OF DIGITAL REVOLUTION.PART 3
digital expansion however it could not obscure the soaring risks and
inherent obstacles.It was particularly encouraging during C0VID19
period keeping the financial system functioning and people save in
the face of moral embargo like social distancing and quarrantining
imbroglio that attended the pandemics.In the face of falling demand
and disrupted input supply,recessionary tightening of credit
condiotionings and rising incertitude,kept its ammunition shelling as
new attempts were made to churn out sensitive technologies to manage
this relentless spiral of growing risks.Be that as it may,in the fast
explosive tech ecosystem,developing economies expected to lag behind
in 2023 where digital usage struggle from the rear.As it were during
the pandemic similar divide experienced a surge of 5billion users
worldwide compared 3 billion offline 96%in the developing region.A
digital inequality of this monumental proportion currenly defies no
solution,though puzzles not beyond the author's proven proposition.We
also
FINTECHS AND NEW WAVES OF DIGITAL REVOLUTION.PART 2
digital expansion however it could not obscure the soaring risks and
inherent obstacles.It was particularly encouraging during C0VID19
period keeping the financial system functioning and people save in
the face of moral embargo like social distancing and quarrantining
imbroglio that attended the pandemics.In the face of falling demand
and disrupted input supply,recessionary tightening of credit
condiotionings and rising incertitude,kept its ammunition shelling as
new attempts were made to churn out sensitive technologies to manage
this relentless spiral of growing risks.Be that as it may,in the fast
explosive tech ecosystem,developing economies expected to lag behind
in 2023 where digital usage struggle from the rear.As it were during
the pandemic similar divide experienced a surge of 5billion users
worldwide compared 3 billion offline 96%in the developing region.A
digital inequality of this monumental proportion currenly defies no
solution,though puzzles not beyond the author's proven proposition.We
also
FINTECHS AND NEW WAVES OF DIGITAL REVOLUTION.PART 1
The raves of fintechs has taken the world by storm.In this article the blogger ibikunle laniyan examines its critical impact on the global economy in general.
Mordern age experiments a lot and experiences a whole lot of boom and
burst in the growth of technological services and revolution.We cannot
be compelled to abandon the notion that each pain in the optimal
growth of technological ecosystem albeit as it were comeswith gigantic
growth in the standard of living and balloon in mordern
civilisation.However we've reached a crescendo once again similar to
internet revolution of the early 90s and it came with a big
bang,unprecedented explosion and strategic irresistibility of the
digital financial services ferociously leveraged and solely powered by
fintechs.No doubt,they have lowered potential costs by maximising
economies of scale,grow security and transparency and the velocity at
which digital transaction takes place at particular period to grow
tailored financial services to serve unbankable poor.Albeit the
inherent risk and challenges facing digital financial services and
regulatory framework,across intercountry disruptive experiences,growth
of digital expansion
FINTECHS AND NEW WAVES OF DIGITAL REVOLUTION
The primordial age of technological freedom is tearing apart old waves of industrial revolution and new technological disruption services altering the fundamental structure escalates worldwide.In this treatise the blogger Ibikunle laniyan examines the critical impact of block chain and specififcally of fintechs and the new waves of digital revolution.
Mordern age experiments a lot and experiences a whole lot of boom and
burst in the growth of technological services and revolution.We cannot
be compelled to abandon the notion that each pain in the optimal
growth of technological ecosystem albeit as it were comeswith gigantic
growth in the standard of living and balloon in mordern
civilisation.However we've reached a crescendo once again similar to
internet revolution of the early 90s and it came with a big
bang,unprecedented explosion and strategic irresistibility of the
digital financial services ferociously leveraged and solely powered by
fintechs.No doubt,they have lowered potential costs by maximising
economies of scale,grow security and transparency and the velocity at
which digital transaction takes place at particular period to grow
tailored financial services to serve unbankable poor.
Albeit the inherent risk and challenges facing digital financial services and
regulatory framework,across intercountry disruptive experiences,growth
of digital expansion however could not obscure the soaring risks and
inherent paramount obstacles.It was particularly encouraging during C0VID19
period keeping the financial system functioning and people save in
the face of moral embargo like social distancing and quarrantining
imbroglio that attended the pandemics.In the face of falling demand
and disrupted input supply,recessionary tightening of credit
conditionings and rising incertitude,kept its ammunition shelling as
new attempts were made to churn out sensitive technologies to manage
this relentless spiral of growing risks.Be that as it may,in the fast
explosive tech ecosystem,developing economies expected to lag behind
in 2023 where digital usage struggles from the rear.As it were during
the pandemic similar divide experienced a surge of 5billion users
worldwide compared 3 billion offline 96%in the developing region.A
digital inequality of this monumental proportion currenly defies no
solution,though puzzles not beyond the author's proven proposition.
We also examines concerted effort maneauvered at bridging the divide.Less
than 10%of the poorest percentiles in africa could access the
internet.51%of south asia women less likely to use mobile
internet.Unfortunately when vulnerable poor population access the
net,lack of digital education frustrate the whole effort.In most
african countries,using my country interpersonal user based
experiences,the more access mobile connectors in africa get,the less
research and capacity building,they accommodate,a cardinal point why
ignorance and misery rises in the continent,in the face of possible technological solution.From Chile where Cuenta
Rut as national ID linked basic account operates over 2million
vulnerable Chileans received social assistance payment directly to
their bank accounts in the face of massive closures of offices to shut
out virus spread;to Cote d'ivoire where govt provides medical screening
and infection geolocation intelligence,containment measures were
succesfully deployed.Turkey provides elearning platform with over
1million teachers to 18m.students
In the latin america and caribbean region high data cost was cited by
60%of the unconnected as main obstacle to internet access.83% of
people in africa live in mobile connected areas but only 27%are using
them.This critical regulatory and institutional inadequacy could stall
the beautiful dream,promotional expansion and rapid access to
fintechs'services online.Nevertheless the golden spiral of fintechs
continues to be one of the major drivers of digital revolution
waves.For instance in previous year2021 was a banner ad.year passionately driven for this golden
investment of digital expansion invariably accelerating the valuebased services for rapid digital
transformation.The industry according to BIS study attracted a
trillion dollars from over 35,000equity deals grew exponentially to
5%from mere 1% since 2010.The top 100fintechs already account a
staggering value of $2.7tr.compared to the top 100banks with value of
$7.1tr.The growing spectrum of decentralised finance replacing legacy
banks and traditional intermediarieslike banks,brokers and insurance
firms seem to be overtaken by the new techies.Blockchain,AI,cryptocurrency and smart
contracts currently usurped the public ovation,deemed to be core
competence of any financial institution in the next decade.Equipped
with highly datacentric technology,financial institutions will be
positioned to offer improve faster risk assesment,customer product
matching,enhanced security and customer focused and intelligence
driven operations.The rise of fintech or financial technology enables
market competition even though could share infrastructure and equally motivate legacy
banks to rethink their technology and grow innovation for better
services.
Digital banking as one of core fintechservices grew from
innovative practice androde on consumer interest and on the frontuser
experiencefor the mobile apps moving to the backend,with
greater emphasis on data analytics.To add value to the services
enterprise banks find common ground to collaborate with fintechs or
fintech startups to grow this value chain.The strategic delivery of
institutional capability creates insurmountable hyperchallenging task and possibly could under
deliver.Two or three years ago,blockchain technology came with lot of
excitement that could revolutionise banking.But with media overhype
fallaciously underdelivered and seriously underperformed below its
potential.In 2020 about 50billion devices was connected to the
internet collectively known as internet of things(I0D) and prompted
trillions of small but realtime transactions,conducive for fintech
services.Now with the new waves of fintech services,a good fintech
should be able to leverage on thousands and millions of
wallets,cryptos,AI,blockchain,IODs to provide cost effective
electronic banking services to any types of clients even the unbanked
populace.
With emergence of financial technology revolutionising the
value chain ranging from blockchain technology,to digital
banking,mobile payment options and crowdfunding,boundless
opportunities massively created should be leveraged to solidly proffer
solution to its institutional inadequacy.In 2019,fintechs surpasses $1tr.annual global revenue.Mobile payment dominated revenue and payment apps like paypal,payoneer,Venmo,apple pay and a
host of mobile money services prevalent in SSA region.The region
account almost 50% or 48.4% of active global mobile money
users.Bureaucracy in public civil services drasticaly reduces
including ease of opening bank account,including telecom services,made
accessible to the larger audience.The growth of cyberattacks could be
equally mindboggling.MPESA witnessed a wave of organised crimes led to
huge loss in kenya.Kuda in nigeria and Zazu in Zambia raised over
$3m.still shows remarkable resilience.Mckinsey analysis shows african
fintechs have made remarkable inroad with revenues between
$4b.-$6b.per annum in 2020 and penetration levels excluding south
africa absymally low at 3%-5%.Cash still used in 90%of transaction in
africa compared to less than 20%currently in UK.Africanfinancial services
based on the study could grow by 10%annually growing by2025 to $230b
excluding SA.
SA accounts for 40%african fintech market,with Ghana and francophone
westafrica and then nigeria and egypt growing until 2025 at 15%,13%and
12%respectively.11 Markets comprising
nigeria,Ghana,Egypt,Kenya,Tanzania,Southafrica,Uganda,Cameroun,Senegal
comprises of 70%and 50% of african GDP and population respectively
take the fintech radiance where growth will be concentrated.Inspite of
all the activity,only a handful of unicorns start ups with
$1b.valuation like kuda,flutterwave etc.Navigating the key component
challenges of sustainability,scaleability,profitability,technology
ecosystem,regulatory framework and corporate governance is a major
hurdle.This is navigable with robust business method.Forget that in
assumption of similar investment levels per customer,that is 4 times
harder to achieve profitability in africa than in latin america and
13times harder than it is in EU and 20times than America,a globalised
fintech with unique business methods escapes unhurt.We quite agree
regulatory framework uncertain,localised technology in all ramification matter a lot.Given the huge chasm of fragmented financial regulatory framework and
uneven infrastructure across markets,selfregulatory ecological
sensitive market approach built into its distinct business method
could pave the way to surmount such uncertainty with timely
predictable corporate sensitivity response system even applicable
where complex and variable regulations including license approval
processes create obstacles for fintechs business continuity and
compliance across these uncertain markets.Whether they move faster
than regulators or keep up with regulation may not be detached from
selfregulatory capacity along with enforcement rate that could change
so quickly.Same challenge met by investors and entrepreneurs with
exposure to volatile exchange rates in some that affects consistency
can be treated same way.We address the issue of internet penetration
and it ensures that in the nearest telecom fintechs will arise to
bridge the digital divide and deployment of internet of things is a
serious money spinner.
The emergence of fintechmania came with a lot of sensation and more
than ever before Nigerians are expressing interest,making increasing
enquiries at the local commercial law firms on what it takes to set up
digital banks in the country.The central bank guidelines in this
context for digital regulation and specific licensing regime yet to
emerge but the prevailing initiative to work with available financial
licenses share consensus across the board.The extant licences below
will fill the gap:a.The use of microfinance bank licence.b.Payment
service banks licence.It can accept deposits from clients but cannot
issue loans.PSB licence can be obtained by established banking
agents,telecom companies and available fintechs.Capital requirements
to obtain licence is 5billion naira.c.Finance company licence.capital
requirement:100m.naira.The receipt of licence by promoters is followed
by CAC registration and promoters must ensure they have right contract
in place to protect their business interest coupledwith properly
negotiated terms of investment in the digital bank.
Protecting the intellectual property assets is vital to the survival of a digital
bank.Property such as the logo,software,apps and source codes from
appropriate registry such as National copyright commission(NCC) or for
trademark,patents and designs registry.The setting of robust corporate
governance platform to ensure sound corporate governance practices
with duly constituted board comprising at least one independent
director and required board committees etc.A staggering host of
boundless opportunitiesawaitsfintech start ups,which are under
mandatetoworkwith specified apps and softwaredevelopers ranging from
digital lending,digital banking,consumer efinance,digital
microcredit,due to the fact that they aid users to
bank,pay,save,spend,invest,borrow and generate money.Digital banks and
fintechs are also heavily regulated.Considering regulations such as
antimoney laundering(AML)policies,payment card industry data security
standard(PCIDSS),Know your customers (KYC),General data protection regulation(GDPR) and a whole lot of
regulatory bodies to deal with based on divergent jurisdictions they
work with.They include office of comptroller of commerce(OCC),Consumer
financial protection bureau(CFPB),commodity futures trading
commission(CFTC) and federal deposit insurance
commission(FDIC)regulate their conduct in america.Fintech start ups
should learn from them prior to venturing and inherent regulatory risk
as they vary from country to country reduces to the barest
minimum.Moreover,fintechs niches go beyond just digital banking and
comprises of popular niches like investment management,wealth
management,digital lending,mobile banking,global money
transfers,insuretech,regtech,microfintechs dealing with digital
microcredit,loans and advances,blockchain and Artificial intelligence
based solutions,crowdfunding,emicroinsurance,eREITs,e-micropayments
and mobilepayments,financial product services.
There is a lot of stuffs to be done in the heavily untapped underbanked and the
unbanked poor category.Mobile exchange traded funds(METF),mobile stock
trading(MST),agrotechies offering farm services,beauty shops and a
whole lot of offline services domesticated in their electronic portals
either solely offering the services or collaborate with existing
companies to deliver valuebased services.Fintech apps market category
include digital payment and so far is the biggest source and market of
the fintech industry.It includes digital currencies,online payment
system and transfers and the vastly untapped popular ewallet
subcategory that could be richer than central banks of the world by
assets someday.Digital payment platforms like paypal,payoneer etc
readily comes to mind.Other niches such as digital investment and
regtechs are innovative technologies,to help solveregulatory issues
such as KYC,KYB,AML and othercompliance checksfully automated by
ebusinesses to deliver regulatory compliance and reduce human
error.There is data security andcybersecurity to employ different
security techniques to reduce growing rate of explosive security breaches and cyberattacks
for a more reliable fintech apps.Microservice reduces the deployment
cost of building fintech apps with artificial intelligence and
blockchain trends.Mobile to generate $935b.or almost a trillion in
2023.The growth of ecommerce like the brick and mortar trends for
thousands also come with its own crucific and we devise business
method and broadly categorises fintech beyond unicorn,zebracorn etc
beyond the buzz generated by industry practitioners.This could spread
eprosperity by 2035 a decade journey when we envisage to live in
golden age of mordern civilisation when poverty might be a thing of
history.Little wonder in recent times,few issues have raised
debates,in financial inclusion than fintech industry including
hypes,confusion and buzzes around it.Growing at dizzying pace,digital
technology inspires everyone like never before.Frankly
speaking,launching financial disruptive services at quite
unprecedented rate,in the ecosystem space of microfintechs spin offs from traditional fintechs serving communities and states at most.
Outlandish innovation incorporated into the value chain tends to abhor this missing link.It could only do a disservice over the longterm to alienate the underserved and the unbanked poor in
general.As vertically intergrated value chains declines in the
financial sector and technology enabled disruption practices
exponentially explores financial clarity,identify promising innovation
policy makers as well investors and regulators must undergo
intellectual reform.And in terms of opening up financial landscape to
the poor specifically its chronic gross underperformance in this
aspect,leaves much to be desired.However,CGAP understudying the
evolutionary paces,points out the missingspace for the unbankedpoor in
the fiercely competitive highly sophisticated consumer mass
market.Same missing space muchmaligned by traditionalbanks to ignore
theinformal sectorat largehad been imbibed by fintechs in the
emasculating and insensitive
November 8, 2022
TAXATION INVESTMENT PART 12
$1.44quadrillion;1985 at $2.88q.At a time or decade in which Reagan
created over 20m.jobs and little did they know America had the power
to create over 5billion jobs per annum worldwide using the softpower
of her dollar economy including eurobond etc.Eulogies were heaped on
the neck of liberalisation in the same period Margaret Thatcher was
destroying jobs in great britain and equally destroying the supposedly
golden age of british economy.Reagan wasted like its predecessors
squandered american glory and fought old soviet the two countries that
could have ushered in the golden age of mordern civilisation had they
cooperated economically to create 10b.jobs overseas.Now ask me when
did america notch $5tr.GDP?When?It notched $4.5tr.in 1987;1989 and
1993 could have been exponentially wrought at $5.6qdr.and $11.2qdr.respectively;1997 and 2001 at$22.4qdr.and
$44.8qdr respectively.Whereas it notched $6tr.in year 2000.Similarly
should have reached $89.6qdr.and $179.4qdr.in 2005 and 2009
respectively.or $358.8qdr.and $716qdr.in 2013 and 2017 respectively.By 2021,it lost not only the golden first ever quandrllionaire economy but also the downright impossible honour of notching and earning the golden esteem of world first quintillionaire economy.DONT ASK MY WEALTH CREATION FORMULA
TAXATION INVESTMENT .PART 11
oubling of the GDP persist,every four years in the postwar era (and
assuming other economies remain stagnant and even if they were growing
coulnt be so close to below figure with the addition of her offshore
GDP,also the world largest during the period,provided it incorporate
this formula.Infact if it does not,by strategically expanding foreign
investment and mere creation of new multinationals across the world
using its softpower as the Marshall plan case study,investing
massively in the then wartorn economies of western europe,not by extending credit lines),american
GDP in the annual GDP wealth forgone theft analysis(AGWEFOTA)backward
audit,could have been $2.8tr.by 1945;1949 pro-stood at $5.6tr.Or
$11.2tr.by 1953;$22.4tr.by 1957;$44.8tr.by 1961,considering the period
as they claim a period of high inflation as opposed to high
unemployment rate of 1940s.About $89.6tr by 1965;$181tr.by 1969,a
period when Lyndon B.Johnson was running the great society program.In
1973,AGWEFOTA backward audit rises to $362tr.;1977 at $722tr.;1981
stood at
TAXATION INVESTMENT PART 10
Had full employment being guarranteed by taxation investment of the
speculative boom of 1920s when america had 30,000banks,the economic
crisis during great depression would not have crashed GNP so much down
that it shrunk to $55.8b.from its peak of $103.4.bin 1929,fallen in
trenches prior to the resurgence of 1941.Great depression ought to
have classified Great boom era had taxation investment being
moderately though not applied.Infact GDP ought to have doubled and
trippled to $310.1billion,taking more advantage of war boom economy
.It should double every 4 years to notch by 1937 and 1941 about
$620.2b.and $1.4.4tr.That is to say could have reached a trillion
dollar by 1940s during the war.Taxation investment has the magic wand
to hedge public spending through neoliberal boom and burst cycle
period and avert business cycle volatility.Had job security been
guaranteed,25%unemployment rates of depression to pull off huge chunk
nightmare of not the same 25%but a staggering 50% wiped out from
GDP.Had the doubling
TAXATION INVESTMENT.PART 9
Social security makes americans pauper in their opulent backyard.I
wrote in my essay',Changing faces of economic security',that it came
at a greatcost.Wereverse backtotheperiod of greatdepression and
theboomingwareconomy,therewasmassivesupportfor thepro-govt
interventiontheory of MaynardKeynes.Consequentlytheemployment
actof1946was passedtohelpbridge thegapbetween theoryandpractical
reality andledthe presidenttoform councilofeconomic advisers.They
assist governmentwith researchandeconomic forecast,charged with
accomplishment of the goalofthe act.That is 'topromote maximum
employment,production andpurchasing power'.Nevertheless the fraudulent
intent and compromise of the billthatwasfirst introduced intoUS
Senatein1945 later watereddown its straightforward
originallanguagethrough debate and prejudiced in favour of maximum
employment shortchanged full employment.American citizens lost
theright of jobsecurity andjob protection fromtheir government and
revenue diverted to make them beggars in their home soil.
November 1, 2022
TAXATION INVESTMENT.PART 8
In the midst of plenty.Social security makes people lazy and quite
unsustainable in the long run should that economy reach the size of
china someday.Public finance vital to guarrantee full employment is
diverted to program that makes americans begars in
theirhomecountry.This is different fromeconomic security termsof
marsolist statethatguarantees optimaleconomic securityofthecitizen
throughcommensurate taxationinvestment.We avoid orthodoxy of fiscal
policy that employs expansionary fiscal policy lowering taxes
increasing spending,encouraging investment to move aggregate demand
curve to the right toward full employment equilibrium,that they barely
guarrantee in the long run though without raising prices.Nor shall we
be banboozledby tradition of high inflationwithrising
pricesandattendant antiinflationary strategiesdeployed raisingtaxesand
publicspending reduction,discouraging investmentfor agregatedemand
curve toshift to the left in noninflationary full employment
equilibriumwithout hurting unemployment rates.
TAXATION INVESTMENT.PART 4
The best macroeconomic automatic in built stabilizer and best key
intervention in the economy is taxation investment.To be candid,sordid
nature of taxes cut,reduction and increase cannot truly curb inflation
and eradicate unemployment the way taxation investment could do.In
this case there is no recession and bust cycle but only boom cycle in
which you apply only technocession.There is no need for tax hike or
cut for tax investment assume the off-fiscal responsibility.Then
growth in govt.responsibility of public works,can be undertaking by
sustainable off-fiscal public spending.Infact there is no need for
welfare payment but only prosperity reserves and prosperity public
expenditures and debt expenditures.Note that this mode of proposition
assumes theoretical mode of marsolism applicable under dual financial
system driven by dual macroeconomics,with the golden responsibility
left in care of debt economy under control of central banks for
microfinance worldwide or as federal credit reserve(FEC) in america.
TAXATION INVESTMENT.PART 3
Therefore to empower public spending sustainable growth above the size
of GDP and to stabilise tax revenue with no challenge of cut or
increase or reduction say 10%personal income tax unchanged for a full
decade then government should have a proper taxation investment budget
or taxation investment GDP or wealth GDP growth rate.Even as
productivity increases and more employment generate better salaries
leading to rising taxes,in well budgeted taxation investment
surplus,there is no need to increase taxes,leaving more disposable
income in the hands of the people.With this domestic reserves
surplus,tax cut or tax increase does not change still at say 10%.There
would be more disposable income and sustainable growth in public
consumption and stabilised impact in GDP growth.The public surplus
from domestic reserves,create multiple layers of domestic reserves to
make the plight of budgetary deficits a thingof history in
publicfinance.Other layers such as hedge bondreserves,prosperity
reserves and welfare reserves
TAXATION INVESTMENT.PART 2
We make bold to say government has not yet find a formula for
prosperity GDP.Until we do we shall not be able to guarantee universal
prosperity.if government debt should balloon more than the size of
GDP,then it is apposite to ensure and guarantee capability of public
spending to balloon also above the size of GDP.Govt capability to
control severe inflation and unemployment should not be driven by
production function itself a direct outcome of public
spending.Normally,reduction of taxes including personal taxes
releasing more disposable income and business taxes,enabling growth in
business investment.Consequently,growth in public spending also
increases consumption.In the period of high inflation,downward shift
in agregate spending leads to reduced spending.To achieve the
objectives it increases taxes both personal and business and cut
government spending.Classical economics may be right that over time
economy would rectify itself.This may not be possible if the right
automatic in built stabiliser strategy is
TAXATION INVESTMENT.PART 6
When we move on from mere keynesian fiscal policy into marsolist
fiscal investment policy of the president who takes the golden
initiative fromthe informationand advice given fromsources such
asnational investment assembly house of economicians'budget
committees,hedgebond appropriation committees,house budget
office,economicians macrofinance committee,Debt ways and means
committee,office of debt management and investment budget on debt
expenditure,treasury department on taxation investment,the council of
economicians and economic advisers and finally central bank for
microfinance committee on domestic reserves management.All those
forces behind the fiscal investment policy rather than mere fiscal
policy must act within the context of taxation investment and debt
expenditure laws passed by investment assembly as component strategy
are to guarrante impact multiplier effect of automatic stabilizers
such as total economic security.Note that social security not the same
as economic security both aretruly defined
TAXATION INVESTMENT.PART 5
When we move on from mere keynesian fiscal policy into marsolist
fiscal investment policy of the president who takes the golden
initiative fromthe informationand advice given fromsources such
asnational investment assembly house of economicians'budget
committees,hedgebond appropriation committees,house budget
office,economicians macrofinance committee,Debt ways and means
committee,office of debt management and investment budget on debt
expenditure,treasury department on taxation investment,the council of
economicians and economic advisers and finally central bank for
microfinance committee on domestic reserves management.All those
forces behind the fiscal investment policy rather than mere fiscal
policy must act within the context of taxation investment and debt
expenditure laws passed by investment assembly as component strategy
are to guarrante impact multiplier effect of automatic stabilizers
such as total economic security.Note that social security not the same
as economic security both aretruly defined
TAXATION INVESTMENT.PART 7
Personal income tax is the biggest revenue generator at the federal
level with half of revenue generated and social security,payroll and
employment taxes takes a third and others excise taxes,death and gift
taxes.Sales and excise taxes are quite significant at state level
followed by income and highway user taxes,gasoline tax and licensing
fees.Obviously,we should look at the spending formula where 20% of
public spending goes to defense,veterans benefits and items like
energy,technology,space.Then 60%goes to social security,welfare,health
and education item and 10% to service debt and goes to support
farm,transportation and housing program as well running government
like courts,congress and all branches of government.At the state
level,most revenue goes to support schools.Methink with this
formula,america is a wasteful,spendthrift and profligate economy and
to still have over 42m.poor people in that country is evident of
political prejudice and deliberate effort to make some people poor and
pauperised in the
TAXATION INVESTMENT.PART 1
We examine critically the nature and extant model of public finance
laid bare in this treatise and proffer innovative solution in this
context tax investment to make the challenges of budget deficit and reckless direction of public expenditures,a historic forgone.The blogger ibikunle laniyan in the new macroeconomic ideology proffers ways forwards.
The sources of public finance using america as a case
study creates the legal framework for the fiscal policy to run the
administration of government and its political machinery.The control
of the economy is strictly run by the direction of fiscal
policy.Depending on the theoretical framework through which it
basically functions,finding appropriate policy should not be a
daunting task though keynesians may think otherwise.During the
Rooseveltian times when the policy was still at its elementary
stage,public spending stood at mere 10% of total national output
during the great depression and accelerated to 35%by 2000.We do not
agree that it ensure and guarantee better control of peoples destinies
nor rational to say citizens are absolutely dependent on public
spending or wherewithal of government.
October 19, 2022
VICTORY.PART 4
as the best approach or a pristine asset of human person or human art
so to say categorically speaking should be explored periodically to
nurture the mutual direction human art should go at a specific
period.When we take decision we re simply experimenting utility of
blank dream,choices and thoughtfulness.Blank dreams are closefisted
instinction or visualisable and imaginable thoughts much complex than
than nightdream or dreams associated with sleepiness for the latter
has clarity and the former does not.You dream it blankly when your
eyes are blankly open and you take decision from dream to quantify and
magnify the scope of vision and the size of ambition.With purpose set
on them we communicate them with mission to the larger world and
precisely we indicate that with the right strategy supporting them we
utilise action to communicate them to the world from which we derive
thebenefit from the outcome we received.Thereward our benefit and does
not identify its magnitude beyond our stipulated results'measure.
VICTORY.PART 5
We re damned by the result we get and to the positive fainthearted,we
re not dulled by the unflinching reciprocating nerves of human
resilience that we re not defeated when we face the grand canyon
without choice.Victory is meaningful to the resilient fainthearted in
this way and not the irremediable fainthearted in the long haul.We
face the battle audaciously before we ever utilise mental energy and
consume this calories of human resilience.It is something that should
come subconsciously.Honestly speaking the meiosis of such credence
like its brevity,stupendously barely invokes its artistic powers
unless we re devoid of blank mental energy and to be precise indicate
oursuperior tact of ideological drive to which in isolation such
mysticism hardly occurs.The metaphysical powers of pristinehuman art
does notbicker to invokesuch involuntary action but to a limit in the
atrophy of disposable knowledge.The moment we re truly aware of what
we do,there can be no doubt that technical hurdles hardly
abates.Sometimes
VICTORY.PART 3
the actualisation of the ideal goals and not neccesarily what the
reality says.In the pristine lore of human goal setting,the primacy of
human administration's durable reward is supplanted and embelished
with everlasting legacy.Straight from the subconscious guts,the
orientation of the human administration is held beyond eggregious
nebula and most effective in the trial and error cycle.The beckonings
and reckonings of the inherent rewards capitalises the virtual energy
of most ardent folks and wading ability across unscrupulous
times.Results and competitive outcomes are closely tied to the
ebulient artistry of human organisation.Human organisation is the use
of artistic capability and appropriate environmental stability for
dispensation and actualisation of proportional outcomes.Human
organisation in the bespoke location of artistic gaps,priviledge
leverages,competitive strategies and choices bestowed upon rarest
environmental liability affords uncommon success.Its broad characters
deliver better outcome.
VICTORY.PART 2
a melange of vociferous infidels of renegade pursuits reneged on the
strategic goals of financial freedom.Caveat buffers in the mission of
the pursuit not meant to be broken the insulator of the becoming
accomplishment.In the juggernaut's thesis of becoming most rational
postulation a virile sense of the human organisation so much exceeds
the mutual benefits of the wisdom craft of the human element.It speaks
so much about positioning of human arts,apprenticeship,craft of
dedicated and committed strategies.The thesis subscribes to not just
smart work but the identification of bluechip opportunities and
positioning to capitalise the benediction of such locations.It is also
decorated with the strategic notion and holy curiousity of time
sensitive orientation of human and social progress that nonchalance
and sangfroid predilection strictly abhors.The sapient administration
of human organisation extremely superlative weaponry to wise who
combines both innate quality too unwieldy rollercoaster home fortune
for the
VICTORY .part 1
There is a mystery behind everything and there should be no derogatory remarks against the fact,that the word victory should not be evaluated and perused.Given that there is a school of thought for everything,in this context of a treatise,the blogger Ibikunle Laniyan examine the schools of thoughts for victorious mission.Enjoy
The esteem of the ages,the grandeur of human dignity returns.Hurly
burly's gone and hustles of hustle bustles interred where the gracious
grand midas touch of iconic strides did the unthinkable and the
imponderables.They return guerdon to the mothercarey's kitchen honed
with the benediction of heavenly moisture and velvet sheen bespoke
embroidery of sunny hills.A manifold intrepid could not save the
downwind in the atrophy of clairvoyant spirit.A picture postcard
painting of the labyrinth for the enrichment of the victorious artist
sealed the biggest time investment target of the millenia.Gargantuan
vowels and consonants linked with the triumphant strides,could not be
exonerated as instrumental catalyst to the massive hit of the pyrrhic
victory.We profound bicker brotherhood and camaraderie in the lonely
journey to jerusalem.Sometimes get lost in the phenomenal waves of
visionyard but absolutely amazing survivors albeit the hallucinatories
survived the nebulous inferno enroute the unknown nirvana to which
October 15, 2022
JIM CROW.CHAPTER 60.ARMAGEDON.PAGE 4
That discussion is for another day''Tell me now which other day?By
that time the momentum would have died down.''infact they civilised
great britain and were called the norman.I'll elaborate that
later.They taught the british how to fight i m talking of england of
the english at the battle of hasting 1066 and not the britain of the
celts torn apart by Romans.listen the british taught americans how to
fight and the americans taught the world to do so.Now after vikings
migrated from sweden,they settled in Russia and also founded Oraigne
in Russian language meant little Russia translated to english known as
Ukraine.Infact they personally founded kiev.How one earth will a
rational man call them invader in a land founded by kevin Russ two
brothers?Kiev like Russia 900years old.You should know that
history.America deceived Gorbachev to unbundle old soviet a liberty
for Ukraine after disintergration of the 90s and the misty CIS that
had no leader.''Jesus,you re probably a marxist.''What do you
mean?''Secondly,Russia
JIM CROW.CHAPTER 60.ARMAGEDON.PAGE 3
'well,you haven't answered my question.who do you listento?''Use
yourbrain when you listento news,stay neutral and if you listen to
Russian opposition newspapers,you might not be far from the truth.It's
a crime in reporting to take sides and 90%of western journalists are
fraudsters peddling misinformation.''he paused'And you say Putin not a
devil?Isn't it?Not a crackpot dictator'.'you re probably nutty for a
tribune who enjoyed more than 80% approval rating unarguably the best
president they ever had.''Jesus!Are you smoking pipe?In your mouth?A
bloody dictator took over people's territory,spilled the blood of
innocent souls and civilians dying in their thousands.''Open your
mind.people like your ilks make the world a dangerousplace.when you
spread misinformation youdestroyliberty and promote
slavery,makingtheworld unsafeforeveryone.That land Ukraine belong to
Russia perhaps you dont know.Russia civilised the world..''how tell
me?traitor country civilise the world?''Russians,danish and
scandinavians,migrated
JIM CROW.CHAPTER 60.ARMAGEDON.PAGE 2
Yes,i do a blatant liar taking over other people's land and territory
with no compassion whatsoever.''Anyway i thought you have
substance.You re a fool like them.You must be crazy and it shows
you've been deranged and brainwashed by lies and mendacity from
western media.''So,which media are you following?Yarn me please.Who
are you going to read?'He stood up and sat on the nearby cough,facing
him.'The rest of us have been sold as slaves to those we barely know
and the worst liars are those journals,innocent boys cuddled beneath
their armsand ignorantlytucked in their pockets.Dont forget public
opinion is better shaped by analytical essays and breaking
news.Western media is one sided and Russian press too has emulated
this syndrome,unlike the transparency of old soviet's press.Little
wonder they say in war truth always is the first casualty.No one is
telling the truth and Russianslike the west have no alternative as
more than 90%of Russians get their news from state TV
establishments.Do they have options?Nope.
GREAT BRITAIN:MOTHER OF CIVILISATION.PART 3
and Scotland 88,865sq.km,exceeded France's population by a million.The
scintilating British history marvels me a lot and so much amazed about
the golden transition of somewhat unprecedented checkered antecedence
of a norman culture that reshaped mordern civilisation in its own
term.Great Britain mother of civilisation,unarguably parades unequal
historical and cultural pedigree and i make bold to say it,entertain
debates and counter arguments across the divide especially in this
part of the world which abounds with superficial scholars and academic
dilletantes too superfluos to mere punditry invariably vulnerable to
turn history on its head,pounding the mortars with mischief of
misinformation as they banter local parlance to do injustice to
cherished and inherited value of their mothertongue.However we dig
deeper as the historicists do to uproot or clear any doubtwhatsoever
in this context to lampoon and calumniate such misgivings beyond a
reasonable doubt.The reformation of 1300-1600had anindelible footprint
GREA BRITAIN:MOTHER OF CIVILISATION.PART 2
the world.A continental behemoth,situated off northwestern coast of a
continental mainland composed of scotland,england,wales and northern
ireland.It also includes UK islands of great britain,north eastern
island part of ireland and many small islands in the British
isles.Both Northern ireland and island shares land border otherwise is
surrounded by North Sea,Atlantic,English charnnel,celtic sea and irish
sea.With a total area official of UK about 242,495 sq.km or 93.628
sq.m.a staggering 67m.people,stands boldly as the center of european
political power balance hegemony.A constitutional democracy though in
unwritten terms and parliamentary democracy based on customs and
convention and largest city London with population of 14m.followed by
other major cities like Manchester,Liverpool,Glasgow,Birmingham and
Leeds.Each country in the UK is governed by devolved system of
government of which England the largest boasts of land area
130,373sq.km or 50,337sq.m bordered by Wales to the west with
20,767sq.km and
GREAT BRITAIN:MOTHER OF CIVILISATION.PART 1
We explore the world with the treatment of one of the three greatest
countries in the history of mankind.Though we live in bipolar world a
claim that can still be disputed,nevertheless the world according to
the blogger ibikunle laniyan is run by V Shaped global powers with
great britain, america and Russia.Russia and Ukraine war seemingly
pitched the old allies against themselves threatening mankind with
extinction.The blogger in this first edition examines checkered
antecedence,of one of the V shaped holy imperial trinities,Great
britain and the golden transition of her powerful evolution in the
world stage,past revolution and current role in the 21st
century.Finally,what contribution and impact will the emergence of new
premiership make to usher in a new dawn especially in the much
disputed brexit era. The United Kingdom of GreatBritainand
Northern Ireland isa gigantic multinational complex ofone ofthe top
three Vshaped holy imperial trinities and foundation for super
sovereign countries of the
GREAT BRITAIN:MOTHER OF CIVILISATION.PART 4
footprints on the golden transition of mordern civilisation.A
religious revolution ochestrated and advanced in england by
anticlericals like John Wyclief was begun with the crash of Roman
catholic into diverse sects like the puritants or
protestants,humanists of the medieval.The revolutionary waves also
swept through england and it succesfully transformed european culture
between 1500-1800 until the age of enlightenment.With the treaty of
union and acts of union a new checkered antecedence was begun led to
the formation of United Kingdom.By 1707 the core ensembles of UK as a
unified state,matured,came with the political mandates and culminated
intothe union of scotland and england.This formed a unitary state
called Great Britain.As Historian Simon Schama once said of the
landmark transition:What began as a hostile merger would end by a full
patnership in the most powerful going concern in the world'.Then he
concluded'It was one of the most astonising transformations in
european history.'By the dawn of 18th
JIM CROW.CHAPTER 60.ARMAGEDON.PART 1
Tom and brady are fond of discussion at the public park when they
relax sometimes with their fellow collegiates and street
colleagues.They strolled away from the waterfront stretched out on the
promenades.As the night approached each discussant with
journals,tattered and squeezed tabloids,tucked behind,slowly dispersed
into different paths.They got home and headed into the library where
they had internet facilities in addition to voluminous resources on
the shelf mainly books,journals and bunch of tabloids and old
newspapers scattered on the couchs.Tom sat on the edge of his seat as
they bantered away the night,room lightnings radiating on their
heads.Reflecting the day,brady burst into hysterical laughter,flung
unbuttoned black swedeshoes against librarywall and reboundedto hit
Tom's head'.christmas tree is on.Spare me please'Sorry pal.Now let me
ask,do you agree with those guy Putin is a dictator?i know you always
have a different side to every story.Perhaps it speaks volume why you
did not utter a word.''
October 13, 2022
LOVE MAGNET.ACT 11 SCENE 1
Apollo:Man is like a bud in the winds,that flies away in its time and
venus roses in the farmfields drop once to be picked by its angels
that every love can be loved cherished as the scents of roses,for a
damsel's worth the energy of her lovers only in the morning and the
winds blow and the night cometh and rottened roses on farmfied beauty
and scents dissipated and no one picks till the tide forlorn
swingeth.Indeed bird of roses in the love magnet like the love itself
when no one in the smothering fields its fallen roses gathered,flies
away imponderables of the forlorn winds in dingy space before dusk.How
do i know whom he that loves that my fallen roses be gathered in their
prime?Roses in the farmfields are meant to be loved by their scent and
when the scent is faded and evanesced who will love the roses from the
netherland of the forlorn miles?It flies away with no clemency and the
night that sleeps sloth it dire to wake it up.Neither does it have
jubilant afternoons nor jubilant evenings.Tis true love is
LOVE MAGNET .ACT 11SCENE 1
Apollo:Shall we have no cupid in our bone that we may not love again
for eternity? Lady Beatrice:Far be it. Apollo:Thy eyes shall melt
me a crimson for a favour pelted from haven's thigh,when thou shalt
blinks errily and spoilt me a pleasure when they tease me crotchety
beyond my culpability. Lady Beatrice:What more,what less
shall i offer thee my Prince charming?Barnished from my thirst my
rapacious self till my courtship forever lives likes in thy heart?What
more shall i offer thee than this dews of beetlebrows by innermost
impulses,benediction flowing on my couch meshed away for acicular
grimdeath with tenderness of heart?The world is brood broad with love
and wide with love and those who care to love can lust for love and
love forever.There is no enmity in the winds beyond the acrimony of
heart.Apollo thy love from the Sun springeth,they love like the
morning dew,never sleeps at night awakes all dawns andno sloth nor
infidel of love could have it stolen even now in the most delirious
canyon.
GREAT BRITAIN:FROM MOTHER OF CIVILISATION TO MOTHER OF DEINDUSTRIALISATION.PART 2
i prefer not to be cowed over something or anything i ve subscribed my
volition or patronage or verdict to until i ve seen its effect dusted
or manifested dancing nakedly its tophead beforemy eyes as the
redagama lizard does.Little wonder i endorse the latin maxim'Eudere el
credere-seen is believing'and you maybeforced to believehistory
without an iotaofdoubt as in anotherlatin maxim,'Quo scripti
scripti'-what is written is written and Quo scripti manti'-what is
written remains.The english of the england and notbritain of the celts
callsit'checkered antecedence'.When BorisJohnson took
overNO.10.Downing street and scored overwhelming parliamentary
majority the first of its kinds in 30years,methinks could have dusted
seemingly unbreakable thactheriteandTony blair's long stretch decades
at Downing street.Unfortunately,wewere all wrong when
populistJohnsonwho couldn't control his cabinet over poor ethics and
behavioural indiscretion,partying and clubbing was bootedoutand the
unceremonious exit of the nation's most
ibikunle laniyan.ibikabram@gmail.com
GREAT BRITAIN :FROM MOTHER OF INDUSTRIALISATION TO MOTHER OF DEINDUSTIALISATION .PART 1
Now in contrast to the first treatise,when we treat contemporary
british history with much awe,in this edition,we examine the
challenges of great britain in the post industrial society,moving from
the glorious epoch as the mother of industrialisation and civilisation
to the waning spectre of the inglorious era demoted as the mother of
deindustrialisation a status bequeathed to her by once inferior
nations,she civilised now grown mighty pushed her to the edge of the
precipice a discarded world power.The writer observes how did this
come about with out buffers to hedge our position and also the
institutional role of premiership either by commision or omission or
by contribution or by averting debacle over the last 235years period
when Robert Peel introduced free trade and democracy was supplanted
through the great reform act of 1832.Enjoy the reading.Economic growth
and development requires time and affectionately ensures time
investent do pay off when it's the least confidence that pays.Above,i
all i prefer
September 21, 2022
JIM CROW.CHAPTER12.BLACKS BUILT WALL STREE.PAGE 7
hat bulshit man!''clownish Dave bellylaughing'They had fanfare moved
to a treat at two mast brothers chocolate,snacks at Crif dogs,strolled
Williamsburg bridge,Dave grabbed a pint of rooftop beer at Berry
park,ate at Brooklyn bowl,from Beacon's closet to Shelter where they
indulged themselves with good slices of pizza and from Hotel indigo to
Hampton Inn Downtown,treated themselves to luxurious cocktails.They
took grand view on Kimito Rooftop lunge,ate once again flavour dishes
at Junior's restaurant explored Trendy Street of Dumbo and Snap,iconic
picks from Washington street,strolled the pebblebeach with delicious
food at Superfine,shopped until they dropped Fulton street mall.At
Brooklyn roasting company like they did with starbucks,sipped new cups
of coffee.Buzzed at Dekalb market hall,made a short visit to New York
comprehensive museum,now once again walking the iconic brooklyn
bridge.'You enjoy the treat?My brain bursted!What a picnic?''the city
is quite expensivelike California.Cost of living very much
JIM CROW .CHAPTER 12.BLACKS BUILT WALL STREET.PAGE 8
much unwieldy.if you below a million dollars you cant enjoy this
city,we ve spent 50,000dollars just for shopping hope the haulage
company send my goods before forthnight.You must have above 3m.dollar
to enjoy here''.And thus again was begun the beautiful
narrative'Outside brooklyn,you must be fond of......''Whiteface
mountain steps in Winnington won his adulation,intermittent sportish
askance with David kicking stones into the river,against close
object,for the boring but exciting filibusters,train whistles at
distant bursting emasculating silence infraction.He knew he had to
listen to the caucasian friend and also clownishly exploited his
racial egocentric presence and pouring eulogy on the great without a
dint of opulence,despite his profound tourist oriented mastery of
beautiful places in the richest community on earth.'your mastery quite
unusual even for tourist guide standard extremely high''Like i said i
grew up here born here relocated to cleveland and returned within five
years period.Last week,once
JIM CROW.CHAPTER 12 .BLACKS BUILT WALL STRET.PAGE 6
moved from Henry's downtown abode.Located on westernmost point of Long
Island across east river from Manhattan.The Borough had 2.65m.people
on a 180sq.km stretch of land.''i love the five best places in
brooklyn'relaxed with hands at the back and Dave amused'Okay yarn
me''Downtown's best area motivated my choice to live here.Pretty good
specifically a nice play to stay for the first time visitor like
you.Pretty cool spots.'he paused stroking his hair and varicose
vein'And the next?''Williamsburg,too cold.If you travel north you'll
see Greenpoint and in eastern part of brooklyn,you'll see large
neighbourhood Bushwick a good location especially for nightlife.Now in
the Brooklyn centre you go to fun places like Bedford Stuyvesant
ornated with stone buildings''Shall we visit Williamsburg?''Sure what
are friends for.''At Williamsburg,they treated themselves to assorted
range of beers at the brewery and Dave was particularly fond of Jack
Daniels popular whisky.''Why do ulove jack''It had black
root''What!stopthat
JIM CROW.CHAPTER 12.BLACKS BUILT WALL STREET.PAGE5
station set against the wall.Henry was good in narratives and recalled
his golden memoirs of these variagated spots of beautiful places he
had visited in thirty five years in the neighbourhoods strolling the
Brooklyn bridge.Bannerman castle at Polletel island,Newburgh did not
escape his attention.He narrated the story of scottish
immigrant,Brooklynite Francis Bannermann the events that shaped his
business empire in early 1900s and how he expanded in the Hudson
Island as the army surplus grew rapidly with the construction of a
Castle to store extra inventory alongside residential castle for
comfort.It was abandoned in 1920,two years after his death,left in
ruins aftermath of gunpowder explosion and a couple of bad
incidents.The charmingly dilapidated castle accessible only by a New
York metro north.They had a mouthful of pleasures and entertainment at
Brooklyn before they moved on farthest into the city.They left best
hotel in brooklyn,one of the coldest places in america,a four star
Henry Norman hotel,as they
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