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» BNW : Biafra Nigeria World Message Board: the Voice of a New Generation » BNW News, Current Events, and Politics Forums » The Great Forum » G-8 Aid is not Fair Trade, but Bad Deal

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Author Topic: G-8 Aid is not Fair Trade, but Bad Deal
larry2
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Peace!
The question begs is African development the responsibility and job for Africans or the G-8 to do?

If it is for Africans, then each African need to carry his fair share of the load. This is self-help. Starting from the ground up, Africans must own, control, and develop its own interests.Every culture does that. Let's not change the rules (???) on that.
Usually missing from the agenda is the most important item and is given scant-attention though it is the proper and right solution. The MONEY and where should it come from !
Money, or the lack of money is the problem that Africans can overcome by using some of the abundant precious metals which can be minted into a single AU currency as legal tender. This can provide comprehensive development across the continent while improving and increasing
intra-Africa trade. Trade and development is the only route to prosperity in Africa. Equal development across the continent is a desired goal that can be reached when Africa can control and regulate its OWN money supply, rather than being subjected to foreign funding.
Without the single currency, the AU will prove a waste of valuable talent diverted from an otherwise fine model beginnings.

The G-8 and its allys, IMF and World Bank, continue to (mis)develop Africa by forgiving prior
corrupt-laden loans over and over again then squeezing the peoples treasury by charging debt service and penalty fees. These actions cause much less of the peoples money to be available for the peoples to spend among themselves.
Their debt-forgiveness serves as a penalty to Africa and a double, and sometimes triple-dip for commissions as gains for these bankers. [Efulefu Smash] Very little is given, yet much is taken away. This is a path for Africa to only self-destruct.
One would think that if expensive debt-service and penalty fees are payed to the banks for use of a loan, then that should be the entire value of that particular loan.
Any further conditions placed upon a loan will under-value the loan and over-value the debt-service. This amounts to a free ride for the banks. It has been reported that every dollar lent to
Africa by the G-8 returns to the lender twelve dollars! This is an outrageous profit and should be taxed accordingly by the host government; or better yet, these type deals ought never be made.
This is NOT the way to prosperity. Say NO to the G-8 aid and yes to development.

In conclusion, we are at a crossroad and a crucial decision have to be made about the destiny of
our beloved homeland.
Will Africans continue a path that will lead to being a continent of consumers of G-8 products or can they break the mold and become self-sufficient people by increasing trade among
themselves. A campaign to "BUY PRODUCTS MADE IN AFRICA" could be an effective way to
remind people of the importance of "carrying their fair share of the load".
Finally, fair trade must be emphasize over foreign aid. There would not be any need for foreign
assistance if Africa received a fair price for its products and resources.

Thanks for your interest.
Larry L. Edwards
sovereign national

Posts: 12 | Registered: May 2005  |  IP: Logged
MALCOLM X
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WHAT IS WRONG WITH YOU AFRICANS? IN NIGARIA YOU ALL HAVE OIL ALL OVER THE PLACE. i READ THAT YOU HAVE THE BEST OIL IN THE WORLD. WHY IN DEVIL'S HELL DO YOU ALL NEED G-8? ARE YOU CRAZY? IF THE WHITEMAN HAD ALL THAT OIL, DO YOU THINK HE WILL WANT ANYTHING WITH YOU SILLY PEOPLE?

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Ochiwar
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Malcom X
You Sir seem to be seriously misguided, seeing as you as a black man being as African as any of us are refering to us as "you Africans" i.e. excluding youself. Wake up to reality dude.

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Biafra is inevitable.Illegitimis nil carborundum.

Posts: 760 | From: europe | Registered: Jan 2005  |  IP: Logged
Greg
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Ochiwar,

You are right again. Malcom X is obviously a "black Muslim," of the American flavor, a lesser evil than the African or middle Eastern brand. In America, Black Muslims do not, as a rule, target persons of African descent with violence, as do there counter-parts from the areas mentioned above; but they do try to convert them to Islam, as being(in their view) the only hope for the African-American in his struggle with the racism of white America. They have some good concepts as it regards self-sufficiency of AA's, but what they fail to understand is the basic fallacy of Islam, that it is false religion. but it serves their needs well, and provides the God-sanctioned hatred which they love to apply mainly to whites. This divine hatred can be very appealing to AA's, who live with the stigma of historical slavery and horrendous crimes committed against themselves and their forbears. Add to this continuing poverty, the unwillingness to correct past wrongs, and the the unapologetic arrogance of white America toward AA's even today. Yes, America's cities are fertile grounds for recruiting angry AA youths, and the Black Muslims take full advantage of this. The only thing about them of which I approve is their motive, which I really believe is to better the lives of AA's in general. But for those of us who know Christ, that is where our admiration for them ends. It's a pity that such good intentions can be so clouded by apostate religion.

Malcolm X seems to be like many AA's, not understanding or unwilling to understand and appreciate the differences of African peoples outside the melting pot of the USA. How naive can one be to think that Africans are one people as he seems to imply with his "you Africans" label. I think he should try reading about the history of the nations of Africa rather than some general "African history," and perhaps he may begin to get his head out of the clouds.

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The fault, dear Brutus, is not in our stars, but in ourselves...

Posts: 660 | From: Valle del Sol | Registered: Nov 2004  |  IP: Logged
   

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