Africa's Oil (Iraq, interview, independence, companies)

[Motion]

Interesting interview on how Africans can benefit from their own oil. Here's part 1.



YouTube - Professor George Ayittey (1), President, Free Africa Foundation - Washington DC

[Neuling]

Hm, that video won't load beyond about 2m into it.

Anyway, I just listened to a radio report on Africa in which they described how half a century after the independence movement across the continent we, the north including China, are still/again systematically keeping Africa down, for instance by keeping African products from our markets and flooding their markets with our cheap products, by draining their natural resources from the continent way below value, by recruiting their bright minds to work for companies in the US and Europe, knowing most of them will never return and so on.
We should be ashamed, we are still a bunch of egoist exploiters.

[HoldTheBeans]

We should be ashamed for recruiting bright minds? Are you insane? It appears so.

[Neuling]

Well, both the US and Europe have more than 300m people each. So I think it would make more sense to tap the local talent rather than committing brain drain from a continent that is already desperately trying to close the intellectual gap.

[HoldTheBeans]

So you think its up to who, you, to decide who hires who to perform a service? Who the F do you think you are? Go whine to Africa for not keeping their "talent" if you got a cry towel to fill up America hater.

[Neuling]

Well, you don't seriously expect me to waste my time with you as long as you write in that tone, do you?...
Bye

[B-ham 34]

If bush was in office we'd invade and take their oil!!!

[AuditTheFed]

Originally Posted by B-ham 34

If bush was in office we'd invade and take their oil!!!

Yep, just like all the oil we took out of Iraq and stashed it at the "W" ranch in Crawford...

[HoldTheBeans]

Not a bad idea bahmer. Maybe let Haliburton reap the rewards too eh?

[Motion]

Does anyone have a good idea on how the oil should be owned in countries like Ghana? Should the state own it? Should it be mainly privately owned and ran? What countries provide a good model for Ghana and other African countries for handling oil?