It is important young lady. Getting it done once and for all saves a man alot of whining later in life .

^^Waa maalinkii Sanifaada ayeey ila tahay .

Sheikh Cabdulqaadir Cali Cambe of Jamia Mosque, Southall, right? Lol. That sheikh is cool. Waa nin kaftan miiran ah- pleasure listening to him . I will try to come, Insha-Allah.

I guess happy slapping has only caught on in Somalia now

I thank my dear sisters. Be assured that Isseh is only making his appreciation known. No strings attached contrary to what some folks might insinuate . You know, I knew my motives for posting this thread would be questioned, laakiin aniga intaan is adkeeyey oon overcome-gareeyey all the expectations attendant to the so-called 'ragganimo' ayaan caddeeyey sida ay iigu qiimo badan yihiin gabdhaha walaaladay ah. I was recently accused of not paying compliments and being indifferent but now here I am. This is a proof that I am not that indifferent after all. Erm, ogaada hee, I am not trying to please a certain lady. Sideey Blessed, Ibtisam, Ngonge iyo MsDD moodayaan ma aha! I did this because I can do it and do many other things too . Anyway, Haneefah, Faheemah iyo Aaliya iyo gabdhaha kale, aad ayaad u mahadsantihiin...FB iyo Zafir waxba dhegta ha u dhigina illeen labaduba kuma dhacaan inaay qirtaan siday u jecelyihiin gabdhaha walaalahood ah . PS: FB, qoftan Haneefah ee aad leedahay waa loo af-macaaneynayaa; war ninyahow qofta qof af-macaan keliya la hanan kara ma ahan. Waxay u dhalatay qiimo iyo qurux Eebaheey ku manneeystey, waana hablihii 100-ka halaad inta laga dhiibo qorigana loo raacin jiray. Marka miyaan kuula ekahay nin 100-halaad iyo qoriba Eebe ugu deeqay? Alley lehe maya...balse waxaan leeyahay qof yahay kuuma qalmi karaaye, nasiibku haygu kaa daro Sidaa darteed ninyahow hadaad 100 halaad meel ku ogtahay adaa igaga dhow

What role will the state play? Well my friends (Odey, Aduunyo, Adam and Toure ), lately, whenever I start to think about our country’s current statelessness and its future economics, the troubling questions that have plagued my mind were these: what happens to the structure and performance of our economy in post-statelessness syndrome? Whatever authority that fills the vacuum, how befitting would it be to achieve political stability that paves the way for economic prosperity? But I am yet to come up with good answers to this question. Having noted that, however, I have no shortage of optimism, in anticipating that an acceptable and effective state of some sort will rise from the ashes. That is, once the country has been liberated from occupation. I know my projection might seem to aim too far into the future, when thinking about what the role of the state should be, when in fact, judging from how things are, we have so many proverbial rivers to cross. But, it is not too bad to look into the future positively, and plan for it. Thus, it is with interest in planning for a better future economy that I have development indulgence for this particular topic. To start with the basics first; for a state to play a crucial and supportive role in the successful growth and the development of an economy; it must at best be able to guarantee five, or give or two four or three, nominally accepted pre-requites. These five pre-requisites entail that in a given development project, the state must ensure there is in place: 1.Political and economic stability and security; 2.Clear unambiguous regulations; 3.Reasonable tax rates that are equitably enforced; 4.Access to finance and infrastructure; and 5.An appropriately skilled workforce. But let me digress for a bit, if I may, and deposit herein some pointers that I think we would have to discuss on a later date. That is, after we have gone past the question relating to the role of the future state in the economy. In our current situation, we can only hope that after the above pre-requisites are effectively met, we would somehow have to focus our attention to maintaining a self-sustaining structural economic regime, which is both practical and based on currently existing economic sectors that can support its long-term endurance. Obviously, at that future stage, what would be most salient would not to leave the market economy to what Adam Smith called ‘its invisible hand’, but to device directive economic measures (policies) that enables a future state to cater for its growth, by allocating the necessary funds for enhanced growth performance. In that context, therefore, were I to be there alive, I would have suggested three ways in which funds could be generated without harming the economy itself. I would have suggested there to be three types of funds: (A) Remittances Percentage Accruement Funds, which would be funds accumulated, through policy formulation, making remittances from abroad taxable by varying percentages in accordance with the varying cash received by recipients in home soil. This policy formulation should calculate the amount of remittance dollars, against the considered needs of the receiver by setting up tax regime categories. For example, if a family of nine were receiving, say, two hundred remittance dollars a month, the percentage rate of their payable tax would then be , say, 1 percent per hundred dollars, as opposed to a family of three members that receives two hundred dollars, whose payable tax percentage would be, say, 3 percent per hundred dollars. I know it would be difficult to impose taxation regimes on our citizens, keeping in mind their almost natural distrust of states and their taxation policies, but I believe, so long as the funds accrued are seen clearly to be making a great deal of difference - to the welfare and material quality of the citizens’ lives - that eventually state tax regimes could be made successfully operational. Now, having collected these monies, again, I would have suggested that they are used for essential projects such as: 1. Basic Infrastructure Development Scheme 2. Vital Know-how and Skill Transfer Scheme 3. National Labour force Training Scheme (B) Livestock Trade Percentage Accruement Funds, which would be funds generated from the imposition of circumstance-oriented (for example, determining the size and profit of livestock exports), percentage-focused tax regimes on the export of livestock, which is clearly the biggest sector of our economy. Again, I would have suggested, whence funds are tax funds were procured, that these monies should be allocated to projects such as: 1.Pastoralist Welfare Development Scheme 2.Efficient Animal Husbandry Exports Scheme 3.Water Supply and Drought Monitoring Scheme © Agricultural Trade Percentage Accruement Funds, which would generally be funds similarly collected by using the above-mentioned percentage-focused tax regimes, for the purpose of projects such as: 1.Food and Nutrition Sustainability Scheme 2.Soil Fertility and Ecological Protection Scheme 3.Agricultural systems education scheme The above are what I would call a ‘skeleton’ proposition that would require a great deal of fleshing up. I believe we would need to think of similar ideas for post-stateless Somali economy, so that we can get a sort of understanding of lies ahead. I am so sure that any good statesman that finds him/herself at the helm of Somalia in the future would have a lot to grabble with. So far prospective leaders and concerned countrymen and women are rightly immersed in getting past this stage of statelessness. However, some day, hopefully not so far into the future, the leadership of future Somalia would have to face the daunting task of restructuring and stabilizing the current run-away economic reality in our country. Brothers, I haven’t yet found enough time to look at your contributions on a point by point basis so as to reply to them, however, I am optimistic that I will do so soon Insha-Allah. All I can say to you now is that I have read your posts and have really appreciated what you had to say on the state of things. Thank you.

^I do remember the accountant bro; his story was very interesting. You should contribute to this topic since you're now officially our in-house economist .

^Ladies, you're welcome . You deserve at least a declaration of my appreciation, forgetting the 'Nigga-ness' of Faarax Brawn iyo Zafir. These two are pricks . FB & Zafir

The invasion of the sovereign-wealth funds Jan 17th 2008 From The Economist print edition The biggest worry about rich Arab and Asian states buying up Wall Street is the potential backlash BEN BERNANKE once spoke of dropping money from helicopters, if necessary, to save an economy in distress. The chairman of the Federal Reserve probably did not envisage that choppers bearing the insignia of oil-rich Gulf states and cash-rich Asian countries would hover over Wall Street. Yet just such a squadron has flown to the rescue of capitalism's finest. On January 15th the governments of Singapore, Kuwait and South Korea provided much of a $21 billion lifeline to Citigroup and Merrill Lynch, two banks that have lost fortunes in America's credit crisis. It was not the first time either had tapped the surplus savings of developing countries, known as sovereign-wealth funds, that have proliferated in recent years thanks to bumper oil prices and surging Asian exports. Since the subprime-mortgage fiasco unfolded last year, such funds have gambled almost $69 billion on recapitalising the rich world's biggest investment banks (far more than usually goes the other way in an emerging-markets crisis). With as much as $2.9 trillion to invest (see article), the funds' horizons go beyond finance to telecoms and technology companies, casino operators, even aerospace. But it is in banking where they have arrived most spectacularly. They have deftly played the role of saviour just when Western banks have been exposed as the Achilles heel of the global financial system. Moneymen or mischief-makers At first sight this is proof that capitalism works. Money is flowing from countries with excess savings to those that need it. Rather than blowing their reserves on gargantuan schemes, Arab and Asian governments are investing it, relatively professionally. But there are still two sets of concerns. The first has to do with the shortcomings of sovereign-wealth funds. The second, bigger, problem is the backlash they will surely provoke from protectionists and nationalists. Already, Nicolas Sarkozy, the French president, has promised to protect innocent French managers from the “extremely aggressive” sovereign funds (even though none has shown much interest in his country). Although sovereign-wealth funds hold a bare 2% of the assets traded throughout the world, they are growing fast, and are at least as big as the global hedge-fund industry. But, unlike hedge funds, sovereign-wealth funds are not necessarily driven by the pressures of profit and loss. With a few exceptions (like Norway's), most do not even bother to reveal what their goals are—let alone their investments. For the bosses at the companies they invest in, that may be a godsend: how nice to be bailed out by a discreet “long-termist” investor who lets you keep your job, rather than be forked out in the Augean clean-up hedge-fund types might demand. A quick glance back at “long-termist” nationalised industries shows what a mess that leads too. And it is not just a matter of efficiency. The motives of the sovereign moneymen could be sinister: stifling competition; protecting national champions; engaging, even, in geopolitical troublemaking. Despite their disruptive market power, their managers have little accountability to regulators, shareholders or voters. Such conditions are almost bound to produce rogue traders. So far there is no evidence of such “mischievous” behaviour, as the German government calls it (curiously, from another country yet to attract the sovereign-wealth crowd). And weighing the risk of such eventualities against the rewards of hard cash, on the table, right now, makes it clearly daft to raise too much of a stink. America is either in recession or near one; Mr Bernanke has all but promised more aggressive rate cuts, but confidence in the banking system is low. There is a wise old proverb about beggars and choosers. The relatively friendly welcome sovereign funds have found in America may be temporary. Before the credit crunch American politicians objected to Arabs owning ports and Chinese owning oil firms. On January 15th Hillary Clinton said: “We need to have a lot more control over what they [sovereign-wealth funds] do and how they do it.” Once an emergency has passed, foreign money can often be less welcome. One of Singapore's funds, Temasek, has learned that lesson to its cost in Indonesia. In politics, appeals to fear usually sell better than those to reason. But the hypocrisy of erecting barriers to foreign investment while demanding open access to developing markets is self-evident. Host countries should not set up special regimes for sovereign wealth. Although every country has concerns about national security and financial stability, most already have safeguards for bank ownership and defence. Until East and West even out the surpluses and deficits in their economies, sovereign-wealth funds will not go away. Ideally, the high-savings countries of the Middle East and Asia would liberalise their economies, allowing their own citizens to invest for themselves, rather than paying bureaucrats to do it for them. But do not expect miracles. In the meantime, what should be done to keep the rod of protectionism off their—and the world's—backs? Shed light or take heat For a start, more transparency would go a long way towards easing concerns: an annual report that discloses the fund's motives and main holdings would be a start. Investments through third parties, such as hedge funds, help too, providing an additional layer of protection against the misdeeds of rogues. Ideally, the funds would eventually take fewer stakes in individual companies, which expose them to the inevitable risks of stockpicking and political pressure. Investing across indices provides more diversification anyway. At a time when Western governments have at last learned to let the private sector run banks (however lousily it is sometimes done), it is far from ideal that state-owned funds from emerging economies should be buying stakes in them, even minority ones. On the other hand, such cross-border bargain-hunting gives developing countries a bigger direct stake in capitalism's future. The chief danger will not lie with them. The problem is likely to be in the rich world—and a rising nervousness about foreign money.

Lol. Well, it could be as well be our own good Rudy. You know how he loves and protects the reputation of the sisters. Always at guard to shield them from all harm ...

Lol..nope. A Somali brother simply moved . Could help but join the clapping club... deep inside every Somali guy, albeit the love-hate attitude, can't stop but sing praises for the sisters . Just listen the multitude of songs composed even in the Marfishes...its that deep...

I have the audacity to be cheesy sometimes, you know? Oh yeah, that is me! My tribute could be anything else but cheesy? God forbid! It takes some guts to show THE love, waryaa Che' [edit] You find this Hablaha Somaliyeed cheesy too? Soften up, yaa Che'

Don't ask me what overcame me, but it is long over due on my part since I showed my love, admiration and appreciation towards my Muslim (Somali) sisters... Here goes.... O' My Sisters Ah, Your beauty and dignity, O' my Muslim sisters

^Really? Sxb call around to varify! Thats too quick ma is tiri? Belo, habrahaad sheegaysay ayaa ii masawirmay isla markiiba... Aniga...I live in a islaamo-filtering neighbouring with an alarm to sound..unless that is ay computer hacker soo kiraystaan . Kidding. Laba-x confirm it sxb and gimme a bell will ya?

^Lol. Yes, the qaaraan is simply part of the larger amount promised by major donors, who say the locals must show they are committed to the project. So its a small amount that the reerka have to accrue.

Originally posted by Biixi: Shukaansiga ugu dhaqsaha badnaa...no beating around the BUSH " ii dhiib" Kix kix kix no comment...

^Lool, dee tii sixinta ku shubi lahayd ayaanba kugu tuhmayaye maad isa soo diyaarisid?

Mayee dhegtay beri jalaf ku tiri! Oo adiga maxaa ku gubaya inantaay? Banaanka u soo saar!

^^Looool. Laba X inuu meel aan dhowayn kasii buskicinayey ayeey wacaalo igu soo gaartey Xiinoow usheeg . Ninkan FB talow yaa ii ogaada, xoogaa yaroo sunuud ah oo jeebka haraadi in door ah ku ahayd ayuu dambiisha ku daadshaye ... Taa waa iga kaftan FByoow, illeen waan ognahay deeqsinimada Fb's reer tolkii. Waxaaba suurta gasha ineey hor-weyn halka qaaranka lagu gurayo soo tubaan! PS: FB, lol@zigzag. Waa ku sidee zigzab ka xidid-dheere?

Talow islaantu ma tii la yiri inteey gabadheeda u buraanburtay ayeey qabiil waliba wax lagu dhaliilo ku sheegtay, iyadoon qabiil ay gabadheedu ku aaminto kaba reebin. Deedna, waxaa la yiri, yartii cudur bay markii dambe la googo'dey. Somaliduna waxay yiraahdeen gabadha inkaarta buraanburka hooyadeed qaaddey uu soo jiitay ayaa lagu masiibay! Ma runbaa ma riyaa, Alla og.

The 'I dont want to hear your tirades of self-opinonated bile!' bit should be copyrighted immediately. It has potential lol.

ihihihi qofbaa gubanaya Axyaa caleek!

^^Xiinoow I know.