#1. Make banks pay for Julius's comments. He can take over your ABSA debit orders and loans right now.

#2. Now here's your excuse to ignore the government's gun legislation. Someone’s going to walk right in and take your hard earned property. Defense comes to mind.

#3. As the largest employer of South Africans, whites landowners should just STOP. Right now. Compensate only yourself and your family while you can. Close shop. Go on vacation. Take a year.

#4. Advice from Winnie Mandela should at default be questioned or feared. Rather lend an ear to Communist bossman Blade Nzimande: “The call for nationalisation by elements within the ANC Youth League is to save the black economic empowerment elements in crisis, not to address the interests of the poor.”

#5. I want to be compensated for my ancestors building up a continent laid bare by mass slaughter, cannibalism and cerebral paralysis. THEN take my land.

#6. NATIONALISATION of banks by most other nations and governments have proven to be partly or completely unsuccessful. At most only healthy democracies can really shoulder the responsibility of nationalization.

#7.  Julius must NATIONALISE the minds of the timid with the sad, old promise that socialism brings wealth. See who falls for it. South Africa must be the last country in the world still embracing this ridiculous notion. Every single worker who earns and expects nothing for free should revolt against Malema.

#8.  In one single speech Julius managed to put SA's international reputation back to when we really needed foreign sympathy the most. Feeling richer yet?

#9. Julius is foremostly “grabbing” Vavi's land and COSATU will not submit gently to migration of membership to 'greener' promise. COSATU will not tolerate the ANCYL in their ideological back garden, as the potential power of the League may render unions quite useless. Despite being pro-NATIONALISATION, Vavi has verbalised as much. Conflict in the alliance?

#10. Eight million South Africans have investments in the JSE of various kinds. “If we have NATIONALISATION of the mines, the banks, Sasol, Telkom and Mittal… we would obliterate 70 percent of this R1.2 trillion investment.” warns Donwald Pressly. The De Klerk Foundation warns of “catastrophic withdrawal of foreign investment.” Nationalise that, Juju.

#11. Free market societies have always been better off than regulated economies. Socialism/ NATIONALISATION panders to the envious and wishful. The poor, like the rich, will always be with us. Question is, Julius, how did you become rich?

#12. Socialism/NATIONALISATION kills off the productive sector by discrediting individual go-getters or taxing to death those entrepreneurs with actual commercial initiative. Living off others' taxes  is Malema's forte. He and the ANC government defend hatespeech against South Africans with those very citizens fitting the bill! Point: he has no leg to stand on. Discredit him to the corners of the earth.

#13 Social experiments fail, and South Africans should know this. When one can not learn from one’s own past one can become inferior to the former regimes one set out to transcend. NATIONALISATION has that smell of desperation.

#14 Mike Schüssler (a director at Economists.co.za) said the fact that the bulk of COSATU’s membership was reasonably high-income earners and had pensions in retirement annuities, other pension vehicles and investments in equities and unit trusts “must be focusing COSATU’s collective mind” (Business Report, July 2011). Malema is not making friends with his ideas.

#15 NATIONALISATION without compensation will be as detrimental as nationalisation with compensation. The latter would “destroy South Africa’s fiscal ability”, says Anglo-Gold’s Mark Cutifani.

#16 Effectively, NATIONALISATION bids private investors farewell with predictable results.

#17 NATIONALISATION only works in countries where workers work and governments can provide positive externalities. That may be pushing it.

#18 NATIONALISATION only works in countries where governments write down massive debts and guarantee deposits. You’ll have more success nailing jelly to the ceiling.

#19 NATIONALISATION only works in countries where governments guarantee beter risk management than former institutions in charge. Our government can hardly guarantee a safe ride to a nationalized factory and back.

#20 There will not be a FIFA World Cup to save tourism this time.

Steve Hofmeyr

(Soon to be published here: my 100 things the ANC needs to admit!)

Twitter: steve_hofmeyr