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OIL IN AFRICA
jonna
#41 Posted : Saturday, March 31, 2012 11:39:27 AM
Rank: Member


Joined: 11/16/2011
Posts: 196
Location: united states of africa
Forester wrote:
mkeiyd wrote:
Forester wrote:
We're being colonized a second time Sad by being hoodwinked with this infrastructure development and now oil/coal exploration. All these Chinese & the West pple care about their own interests, once theyv rap*d our country off its resources, tutabaki uchi Sad Sad Sad and pay dearly.




@Forester, What you say we do? How about you back up your argument with facts.
Because if you don't, i will accuse you of suffering from mental slavery. The crippling of one's thinking,to the extend on not being ever,have rational thinking.
When your thinking is clouded in fear,emotion/anger, you are colonized.
I will disagree to a very large degree with your assertions.
We are NOT being colonized.
All the infrastructure being developed, is a PLUS for the country.
If development loans for roads,airports,sea ports etc is colonization, how about we close our local banks. I mean, following your analogy, they are colonizing Kenyans by giving them loans to build homes, start businesses etc.
Example:When a gov't like China advances credit to Kenya for Thika Rd or airport expansion, then follows and makes sure those projects are implemented [forget our local cowboy contractors,they need more time in the cold], how is that colonization?

May be you should define colonization for me.

Now i can rush to Thika and back in a few minutes, the expanded JKIA will raise the profile,bringing in more business opportunities. How do you think KQ is going to expand if the airport ain't expanding?
The coal/oil exploration, how do you suggest we go forward? Just chase the explorers? And do what?
You got to know where you are,where you've come from, for you to know where you are going.
Do we have the capital to explore/mine? By capital i mean financial,human and infrastructural. Do we have it?
So far, we don't. But joining hands with those have the capital, in the process we will develop and have ours.
The rest of the world,each has a history stretching thousands of years. Do we have it? Two thousand years ago, where were we?
In short, for us to catch up with the rest of the world, we have to learn from it and learn fast.
If we think without fear and anger, we'll come up with rational decisions for our country,which won't lead us to isolation or irrelevance, but one that will lead us to the path of prosperity.Norway moved its people to give room for oil exploration and drilling,if that were to be suggested here,what would be the uproar? "We are selling our ancestral lands for oil money" would be the story. that is because most our thinking is not rational.
Do you think Hong Kong or Singapore developed from their own pockets?
Roads are built by consortia whose bank accounts are in far lands. Does that mean they are colonized? Does that mean they don't develop? Every time i read people comparing us and them. If we are to compare us with them, then we got to think like them.
They used other countries' capital to develop. Look where they are,and then look at Kenya.
Remember the time Hellen Sambili rebuffed attempts to name Nyayo stadium Coca Cola? The reason was sovereignty,heritage and all sorts of crap. There was a debate here on wazua,and some people argued how renaming the stadium coca cola would be tantamount to selling our sovereignty,our heritage,our dignity,colonization they said.
How stupid! There we lost a good chance of having a state of the art stadium.
What is that heritage sambili was protecting? Run down facility? Stupidity? If people had thought without fear/emotion,they would have seen that , we were not losing anything, we were to gain.
Heritage is having a good stadium which develops world class sportsmen. NOT having a stadium retain Nyayo as its name. That's NOT patriotism/heritage/sovereignty.
That's having a colonized mind.
Otherwise we can chase every foreign investor, and wallow in want,making do with our taxes and take several times longer, to cover the same dev't we would have,if we engaged the ones with the capital.
Rational thinking devoid of fear/emotion is the magical key.


Applause Applause Applause

Thank you for enlightening me, i agree with you. Your sentiments are well thought out. Don't get me wrong, am for the the developments hook, line & sinker - its about time but guess am just not too comfortable with these pacts & you think these pple love us reason we're getting the projects funded 100%?



http://lifeanddebt.org/
Energy.
mkeiyd
#42 Posted : Saturday, March 31, 2012 2:34:50 PM
Rank: Veteran


Joined: 3/26/2012
Posts: 1,182
@ Forseter, they don't love us, they are trying to do what is best for their people. They have money and they are looking for investment opportunities. That's why they've been buying US debt.
Debt, if well utilized, is not bad at all.Just as you cry when you abuse the usage of credit card,so it is when you misuse/about national credit facility.
Of the factors of production, only dividends[bonus] from profits are taken by the investor. The rest is spend within the economy as rates/rent,wages&salaries and taxes. The reward to the investor, is usually less than 30%, 70% goes to the other factors of production. With that,foreign investment is good.
nakujua
#43 Posted : Saturday, March 31, 2012 3:12:47 PM
Rank: Elder


Joined: 12/17/2009
Posts: 3,583
Location: Kenya
a4architect.com wrote:
young wrote:
a4architect.com wrote:
@young..now that you mentioned you come form the Niger Delta, what in your opinion is the cause of Nigeria producing millions of barrels per day yet over 70% of its population live on less than 1 usd per day?



CORRUPTION.
It has nothing to do from where in Nigeria I come from.


Asante...So in Kenya the animal we should all look out for is corruption.
The easiest way to deal with corruption is through making detailed laws that allow for open public scrutiny of oil deals.


We should deal with corruption the Chinese way
QW25091985
#44 Posted : Saturday, March 31, 2012 6:45:45 PM
Rank: User


Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
why i love japan

essyk
#45 Posted : Saturday, March 31, 2012 8:06:06 PM
Rank: Elder


Joined: 11/15/2011
Posts: 4,518
The oil market is a political market. Crude oil prices are driven by politicians and politics,its no wonder they fall and rise anyhow.
Look at Africa's politics and compare the developments with the resources available.
A country's development in my view is a reflection of its politics.
"The true measure of a man is how he treats someone who can do him absolutely no good.
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