Colin Powell endorses Obama

Frankly, I had always thought that if anyone could become the first African American president of the United States, it would be Colin Powell - that is if he had ever chosen to run. Anyway back to reality, his endorsement of Barack Obama and his performance on Meet the Press does go some way in restoring his considerable standing that had been badly tarnished by his shenanigans about the WMDs leading up to the Iraq war.

Race against Obama?

Tom Bradley was an African-American candidate in the 1982 race to become governor of the state of California. Running against a white candidate, Bradley was shown to be ahead in most of the opinion polls before the election. However, he lost the race and hence the so-called Bradley effect came into being to explain the discrepancy between the opinion polls and the actual election result. Apparently, this phenomenon resulted from white votes basically fibbing to pollsters about how they were going to vote, i.e. that they were going to vote for Bradley, when in fact they were going to vote for his white opponent. 

Which brings me to Senator Barack Obama’s lead in virtually all the major national polls in the US and in the electoral college projections, with just over 2 weeks to go before polling day. Now, whilst even Obama’s most ardent Hollywood supporters (and he has many) couldn’t have crafted a better script for him in his march to the White House (I mean, who could lose against a party that has presided over the subprime fiasco which morphed into a global financial crisis; has George W. Bush and Sarah Palin; ‘created’ quagmires that are Iraq and Afghanistan; let Osama slip away into the caves and chose an erratic and dare I say, past retirement age candidate for the most powerful political office in the world?), he cannot rest easy until all the votes have been counted and he has more than those 270 electoral college votes.

Whilst most commentators argue that the Bradley effect has diminished over the years, watching clips of some of the angry rhetoric at Senator John McCain’s campaign rallies, leave no one in any doubt that race is playing a big part in this election season and that it will play a significant role in the voting patterns and the result. Frankly, there are still enough Americans who cannot countenance having a black President in the White House to derail the Obama jaggernaut.

With this in mind, the Obama campaign cannot afford to put too much credence in the polls and assume positive opinion polls open the road to 1600 Pennsylvania Avenue. Thankfully Senator Obama seems to be very aware of this.

Double standards or what?

The Bush administration's $700bn rescue package, along with the bail out of AIG, Bear Stearns and other erstwhile financial titans signal desperate measures being invoked during desperate times. However, in other parts of the world, particularly in Asia and Africa, these interventions smack of double standards of western government particularly the United States. 

Its only a decade ago, when as the Asian economies were reeling under a regional financial crisis, the United States sharply criticized them for attempting to bail out cash-starved companies. So too do numerous African governments who were forced into strict market liberalisation conditions to qualify for structural adjustment packages and in some cases, balance of payments support from the Bretton Woods Institutions. They were lectured by the west that there should be no government intervention whatsoever in supporting ailing companies and strategic industries, with the mantra being let the free-market forces prevail.

What's good for the goose and what not, hey?

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Whilst I have come across articles prematurely sounding the death knell for capitalism as Main Street (to borrow a much abused term in these times - and that's you and me apparently) knows it, one blogger on an American newspaper website quipped that Trotsky, Stalin, Lenin, Mao, and Marx must all be looking down and having a mighty good laugh right now.

Is a split in the ANC now inevitable?

As matters came to head in a tumultuous weekend in South Africa which culminated in Thabo Mbeki’s resignation as State President of South Africa, a little side story but one that’s sure to gain prominence in coming days is the suggestion that some staunch Mbeki supporters may break away from the ANC and perhaps form a new party that will contest the general election in April 2009. This would be quite a staggering, but I suppose, inevitable outcome of the internecine feuding that can be traced back to even before Mbeki fired Jacob Zuma, his then deputy in 2005 due to allegations of corruption. Now ANC leader, Zuma has seemingly meted out his revenge but one suspects Mbeki’s stepping down is only the beginning of interesting and uncertain times ahead, especially if this breakaway threat comes to fruition. With tribal politics never far-off in African politics, the fact that Zuma is a Zulu (Nelson Mandela and Mbeki are both Xhosas) means that if Mbeki supporters do indeed break-away from the ANC, the split could most likely be along tribal lines and this would be a recipe for disaster. On the other hand, perhaps a break-up of the ANC would not be such a bad thing after all, seeing as they have had more than a two-thirds majority in parliament since 1994 and therefore in effect can do as they please constitutionally, if they were so inclined. These latest events and other tell-tale signs that South Africa may unfortunately tread the path of other African countries where liberation war movements became the predominant and dictatorial governing parties show that the country needs a two (major) party system. The current official opposition, the Democratic Alliance, which is  largely seen as a white and elitist party by the majority black South Africans has a truly remarkable 246 seats less than the ANC, in what is a 400 seat National Assembly. With time, the fervour for the ANC will diminish somewhat and perhaps South Africa will be better for it. Looking at the events of the last few days, whereby a powerful political party has literally held a country to ransom (it can be argued) one can see why it would not be a bad thing at all.

Crisis in Azania?

So soon after his 'triumph' in Zimbabwe, South African President Thabo Mbeki is on his way out. As I write, the ANC has recalled him, in effect, forcing him to resign only a few months before he completes his second and final term. Whatever the accusations of political interference in ANC President Jacob Zuma's corruption trial, this move by the ruling party appears to be very mistimed, ill-judged and overly vindictive. Certainly Zuma and his supporters have been mightily aggrieved and incensed at Mbeki 's attempts to derail his now seemingly unhindered march to the Presidency. However, as a national leader and the presumptive future President of South Africa, Zuma should have taken the moral high ground (which he can afford to do, since barring any calamity he is headed for the top office) and reined in his supporters and allowed Mbeki to complete his constitutional mandate as the democratically elected head of state. With its pre-eminent status in Africa and as hosts of the 2010 World Cup, significant attention will always be on South Africa and the events of recent days will do harm to the standing of the country, investor confidence, the prospects of a successfully hosted World Cup. Lets wait and see! One hopes sanity will prevail and cool heads will pull Africa's beacon from the brink.