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The Congress of the People think that it's time for Julius Malema to be reigned in. In his latest nonsensical outburst, he attacks the outgoing Reserve Bank Governer as being "arrogant", surely a case of the pot calling the kettle black if ever there was one.

Julius Malema clearly enjoys seeing his name in the media, even to the extent that, like a bad stand-up comedian, he would recycle his old material.

"For us as long as the ANC is still in existence, we are going to nationalise and take the money we get from this to pay for social programmes," he said, trying to stir up the nationalisation debate again.

We suggest that Julius Malema look to Eskom, SABC and SAA as dismal failures of parastatals. Every utterance he makes only serves to expose him as the political equivalent of a court jester.