MinBane

Helt ute av sporet (Okumala ekigwo okulyaku kya okuziga)

Archive for the tag “Bill Clinton”

US: Whistleblower Joel Clement, an executive with the Department of Interior, resigned Oct. 4. (04.10.2017)

Advertisements

U.S. Representative Ted Lieu draft bill: “Swamp Flyers Act” (28.09.2017)

The Republican’s plan of fixing the tax-code is by bailing out corporations and the wealthy!

Just like the leaflet dropped in April 2017 as a serious Tax Plan, which was one-page long. Clearly, the people in charge of the economy and financial state of the United States. Are more preoccupied with taking private jets and eating while in office than actually working. I can question that after months after the leaflet, there was a tiny amendment on the newly proposed tax-plan. Since it is just small expanded text. Now instead of one single page, its gone up to 9 pages. Not like a handbook into the codes, neither economic implications of the taxes. Like which groups gets benefits, who will pay more and what sort of “damage” will the tax-cuts made by Republican Party do.

This released Tax plan: “Unified Framework for Fixing Our Broken Tax Code”, that was released today. You should expect better work, especially from former businessmen and bankers who are running the Commerce Secretary Wilbur Ross and Treasury Secretary Steve Mnuchin. Both of them has been bankers, but they still has no stats or proof of how these tax codes really affects society. It’s like selling house on only the paperwork and have no official showing of the house. When you get there it either be just a big lie or it be a shiny palace.

That the United States Government and Republican Party are delivering this sort ploy to trigger their wishes is insane. What is striking is words like these: “An additional top rate may apply to the highest-income taxpayers to ensure that the reformed tax code is at least as progressive as the existing tax code and does not shift the tax burden from high-income to lower- and middle-income taxpayers” (Republican Tax, 2017). This is like saying we will take away and make it simpler for the highest earners to pay less, while this will not burden the ones who earn less than us. So that the progressive though is that the highest earner will get a tax-cut and we promise it will not bother anyone.

But the framework are really showing its love for corporation and giving them tax-holidays from the last quarter of 2017: “The framework allows businesses to immediately write off (or “expense”) the cost of new investments in depreciable assets other than structures made after September 27, 2017, for at least five years. This policy represents an unprecedented level of expensing with respect to the duration and scope of eligible assets. The committees may continue to work to enhance unprecedented expensing for business investments, especially to provide relief for small businesses” (Republican Tax, 2017). So they can easily just tap lots of investments without showing them to the Internal Revenue Service, this means the investments would be easily invested and written-off, without considering the tax-record in general. This will be quickly profitable for big corporations and real-estate businesses. Who can easily invest and get profits within months. As they sell in the next year, as they are investing in 2017 and writing it off. While in 2018 selling it. Then they didn’t need to pay the tax for the investment done in 2017. This is double profit for the bigger businesses. It’s a match made in heaven for the multi-national corporations in the United States. The state will earn less and just make sure the investment will be even more short-term and be more buy-in and takeovers. Since they can earn lot’s on the investments, before dropping it or selling it the next year after writing it off.

The framework limits the maximum tax rate applied to the business income of small and family owned businesses conducted as sole proprietorships, partnerships and S corporations to 25%. The framework contemplates that the committees will adopt measures to prevent the recharacterization of personal income into business income to prevent wealthy individuals from avoiding the top personal tax rate” (Republican Party, 2017). Again, the proposed Tax is made to secure the wealthy, so they will get tax-cuts, this is not for the betterment of the state. It is to secure the wealthy and make sure their tax-rate is cut. Clearly, the treasury and commerce secretary are trying to help their friends and family on Wall Street and in the big business with a fancy tale of tax codes and cuts.

If you thought President Trump cared about Middle-America or even about the Working-Class, they we’re needed props and needed ballots for the election. But now that he got you in his pockets. He can get a payday, cut his taxes and make sure his friend on Wall Street gets their payday too! Peace.

Reference:

Republican Tax Plan – ‘UNIFIED FRAMEWORK FOR FIXING OUR BROKEN TAX CODE’ (September 2017)

Tired of President Museveni’s “1986”!

I know I am born in 1985, but I am tired of the year of 1986 and the year National Resistance Army (NRA). The now National Resistance Movement (NRM) and President Yoweri Kaguta Museveni. The liberation movement that has run the republic since 1986. This war lasted from 1981 to 1986, the NRA went out of the Milton Obote II government after the illegitimate election of 1980s. Which from then on has been used as the scapegoat and the ones to put to blame for ever since.

The 1986 is the magical year that Museveni entered into supremacy. The Supreme kingpin and mastermind of all it. Sowing the mustard seed and creating a newer safer Republic. The one time the peasants was supposed to have their say in government and make the republic a democracy. The Republic of Uganda was going from strong-men and big-men to run the Republic. Instead, it has been now three decades with manufactured democracy in-line with the vision of Museveni.

President Museveni have used all techniques to fix election results, paying villagers and making new government forms to fit his paradigm. Instead of releasing his promises he has built elite around him that is loyal to his brown envelopes or public fearing his security organizations. This is a special coming from the man promises all the possible governance and government structures needed, if he got into power. Instead, he has done the opposite.

It was supposed to get into a middle-Income Country instead of the Less Developed Country, which is the state is in now. The LDC that Uganda now is because of the state of government that President Museveni has created around him. That can be seen with amounts of debt, the massive overspending on the State House and the pledges around the President. Government of Uganda, GoU have been built around Museveni, instead of institutions and procedures. Therefore, the state are following the orders of the President and his Presidential Handshakes.

That is why, every-time in a speech at any sort of occasion the President will mention 1986 and how the state used to be. As of today 1 out of 5 in the Republic or 21% are between 15 to 24 year old. And by 2016 there we’re only 2% who are older than 65 years old. Which means that the President are part of a minority age bracket. President Museveni 30 years old rule are older than many of the youths in the Republic. They should also wonder what is so special about the years they never we’re living and about governments they never lived under. There are big proportions of the population who cannot remember or has been apart of the first years of the NRA or the civil-war during the 1980s.

They would be like me, they would feel the same fatigue of the NRA and Museveni rule, the extension of the liberation from Obote and Amin. The ones that Museveni mention whenever he needs someone or somebody to blame. Certainly mention 1986. The 1986 that are the most important year since independence, therefore, the NRM Day, the 26th January 1986, liberation day. Instead of the Independence Day 9th October 1962. That one is not so often mentioned by the President, since he didn’t get them out of the British Empire and not be a British Protectorate anymore.

Still, the 9th October 1962 doesn’t seem to be important for Museveni, the 26th January 1986 is the most vital one. The one that sets the standard, the day that changed everything and gave him total access. Therefore, the celebration of 1986 is so key and be levied at any occasion, and at any speech. President Museveni praises his overthrow of Amin, Obote, Okello and Biniasa.

They all just had to be overthrown, he had to make coup d’etat and make folklore out of it. So his name can ring out and be praised. Let it be clear, the President sings 1986… 1986… 1986… like a jingle never stopping. Peace.

First Responsible and Conflict-Free Artisanal Gold Supply Chain Operational in Eastern Congo (17.05.2017)

The Just Gold project is the first to successfully trace conflict-free and legal artisanal gold from mine site to export applying regional and international standards.

KINSHASA, Democratic Republic of Congo, May 17, 2017 –  Partnership Africa Canada (PACweb.org) today announced the Just Gold project has successfully implemented a system to trace legal and conflict-free artisanal gold in the Democratic Republic of Congo.

The Just Gold project began as a pilot in Ituri Province in 2015. Today’s announcement is a milestone for the project—moving it from the pilot stage—having proven a successful chain of custody from mine site to exporter.

“After almost two years of testing the Just Gold project with an aim to develop a chain of custody and due diligence system for artisanal gold in DRC, we are excited to share news of our success,” said Joanne Lebert, Partnership Africa Canada’s Executive Director.

“The Just Gold project can now move from a period of testing to implementation and ensuring we have a long-term, sustainable and viable solution for traceable, legal and conflict-free exports of artisanal gold from Congo,” said Lebert.  “We look forward to sharing our lessons learned with key actors and to deepening our collaboration with the DRC Government.”

The Just Gold project creates incentives for artisanal gold miners to channel their product to legal exporters—and eventually responsible consumers—by offering fair and transparent pricing and by providing capacity-building, such as technical assistance to miners in return for legal sales. Miners are taught better exploitation techniques and offered Juts Gold project equipment, in return for which any gold produced must be tracked and sold through legal channels.

“Proving that artisanal gold in eastern Congo can be conflict-free, legal and traceable is a major step in responsible sourcing efforts in the Great Lakes region. The government of Democratic Republic of Congo is taking major strides in complying with regional standards and demonstrating how the implementation the OECD Due Diligence Guidance for Responsible Supply Chains can contribute to progressive improvements in the sector, supporting artisanal gold men and women miners to enter international markets,” said Lebert.

Partnership Africa Canada signed a Memorandum of Understanding with the Democratic Republic of Congo’s Minister of Mines Martin Kabwelulu on September 2016, outlining support for the organization’s activities to strengthen natural resource governance. Specifically, the Ministry of Mines recognized the Just Gold project as a system of traceability and encouraged its implementation. Partnership Africa Canada has provided technical support to the Ministry since 2011.

Current activities in DRC include the Just Gold project, capacity building to implement both the International Conference on the Great Lakes (ICGLR) Regional Certification Mechanism (RCM) and the OECD Due Diligence Guidance applicable to high-value minerals, as well as support to civil society for monitoring and reporting on supply chain integrity.

Partnership Africa Canada has also undertaken research and analysis of the artisanal gold supply chain to understand women’s roles in the sector. Through sensitization and outreach, the Just Gold project improves awareness of women’s rights, and their right to access, control and benefit of resources. The project also supports and fosters women’s leadership opportunities through skills-building and training.

Partnership Africa Canada’s work in DRC developed from its engagement as a technical partner to the ICGLR, providing capacity-building to implement the six tools developed by the ICGLR’s Regional Initiative against the Illegal Exploitation of Natural Resources.

Funding for the Just Gold project and Partnership Africa Canada’s work in the Great Lakes region is provided by Global Affairs Canada. Additional funding for the Just Gold project is provided by USAID through the Capacity Building for Responsible Minerals Trade (CBRMT) project and International Organization for Migration.

Opinion: President Museveni said “I am tired” and want to indirectly reinstate the Movement System!

It is just one of these days when the President Yoweri Kaguta Museveni reveals that he wasn’t in favor of the Multi-Party Democracy, even if he claims to be elected and have credible elections abroad. It is always his vision and his perspective that matters, the others should just follow and listen to the high and mighty Musveni. No-one else has a vision like him and his party, which bow their knees, gets Presidential Handshakes and also kisses ring when they have too. That is something the Opposition MP’s doesn’t do, except for the “Good DPs” and the level-headed UPC MP’s. Still, he has something obvious to say today!

President Museveni addressing Bulago Primary School in Buyengo Sub-County in Jinja District:

I am tired of wars. I want you to vote for pro-NRM members of parliament like our party flag-bearer, Mr Moses Walyomu.” (…) “I don’t want to go back to the bush to fight again. Don’t send me people who will disagree with me in parliament. I fought in 1986 and I am tired.” (…) “He said people who are not of his party fear to discuss with him matters that are pertinent to the development of the country. And for that to be avoided, he will need Members of Parliament who share his ideals and vision for the country” (…) “He threatened that should Kagoma voters vote for an opposition candidate, their wish for good roads and other crucial utilities such as power will be no more”(Kirunda, Nakato & Katabulawo, 2017)

He is clear, if you disagree, that means war, not negotiations or discussions to find a level middle-ground. Since it is only one-man with a vision in Uganda, and that is the President. The Wonderful Dictator who is on his 7th Term, not 5th, even if he is rigged in 5 times in row. There was still a decade that gets shaved off in the calculation. I will write that until my ending. Since he deserves to count all years from 1986 and not only from 1995. While we are on that. Under President Museveni, there wasn’t always Multi-Party Democracy.

Three years after the Coup d’etat:

As already noted, the 1989 elections were held under strict anti-party rules since the NRM government had suspended all political party activities. Indeed, the Resistance Councils and Committees Elections Regulations, 1989, forbade all use of party symbols, sectarian appeals, and threats of force, the offer of food or drinks and the display of candidates’ posters. The absence of open campaigning made it impossible to discuss policies” (Bwana, 2009).

So as President Museveni forbade other parties and their political parties after taking power. He created together with the NRM/A a Movement System to control the local party politics and have structures that he could have oversight of from the State House. This was not a Multi-Party System. A special system that are now overturned into the Local Government system, still it is inherited by the RC system, that the party unleashed in the end of 1980s and tried for a long while. Explained by this Scottish student in 1993!

Importance of Movement System:

Two statutes, the Resistance Councils and Committees Statutes 9 (1987) and the Resistance Committees’ Judicial Power Statute 1 (1988), codified and expanded the system of local Resistance Committees that had sustained the NRA in its war against the second Obote regime. The genesis of the Resistance Committee system can be traced to the Mayumba Kumi (or ‘Ten Houses’) experiment of the UNLF in the early 1980s, which in turn was linked with the Tanzanian Ujamaa philosophy (Oloka-Onyango, 1989; Baringo, n.d.).” (…) “The RC statutes divided each of Uganda’s 34 (now 38) districts into 5 administrative zones; village (or ward in towns and cities), parish, sub-county, county and districts” (…) “The extent to which the RC system offers the levels of popular participation claimed by the NRM/A also requires consideration. The RC Electoral system operated in 1987, 1989 and 1992 of direct elections only at RC1 level means that the population is excluded at every stage from choosing candidates for higher office. This limitation on direct popular participation in the RC system recurs at a higher level where the links between RC4/RC5 and the NRC and government ministries become rather uncertain. By 1992, there existed no power of recall for members of the NRC beyond elections day itself” (Smith, 1993).

With all this in mind, the tiredness of having opposition. It seems that the President is ready to control the Parliament, the Local Government and have only local cadres that are his. The ones that he knows he can bribe and have under his structure. That means he wants to back to late 1980s and early 1990s when the Movement System and Resistance Councils were the thing. Where the Ministry of Local Government could fire a Resistance Councilor or others, if they didn’t follow the direct orders of the President and his State House. This seems real now.

This seems like the thing, as he wants to take away development and public service if they doesn’t follow his orders in the By-Election in the Jinja District. That proves the lack of democratic values and wish to honor the ballot. But hey, he has for 30 years rigged himself in and made sure his cadres has gotten positions, why else would Gen. Kahinda Otafiire still be a Minister? Not because of his brilliant intellect, but for his loyal assets and following orders of the President.

That President Museveni wants to have men and woman who listens to him and doesn’t challenge him. Therefore, he is telling in Jinja District, that he didn’t go to war in 1986 to have people questioning his rule. His legacy now will not be that he re-released the Multi-Party System, neither that he Constitution delivered a fresh start, as his lingering time in power. Proves that he has gone backwards and become alike the men he overthrew. There isn’t anything different between Dr. Milton Obote distrust in Institutions and Political Affiliations, the only difference is the names and the times. The misuse of army and police to harass the opposition is not different either. The use of government resource in elections are also facilitated for the Movement to counter the opposition. Therefore, the wonderful dictator is alike predecessors, only difference is his ability to overstay!

President Museveni is tired, because he cannot understand that people still question him. That people still doesn’t believe in his vision. That is because he forgot to deliver, he didn’t care to deliver and wanted all along to control it all from the Okello House. There wasn’t with prompt and glory that the Multi-Party Democracy became law, it was two elections and amendment of the constitution that the President didn’t want to deliver. President Museveni wanted it all inside the Movement and the Resistance Councils, which he could assess and control. So now he had to allow other people create their own parties, where they have their own guidelines and programs, not his! They doesn’t have his vision. That is so tiring for him. Therefore, he now want to return back in time, to the Movement System and the Resistance Councils.

He wants total control and he says it, because he is tired of men and woman who doesn’t accept his vision. The vision of looting, dismantling and disorienting the citizens for the wealth of the Museveni family. The rest is history, as the value of currency, the added state debt, the lacking of transparency and patronage is extensive. Therefore, he doesn’t want it question of his state and his system. It is all what he created and made over the decades as the supreme executive. Certainly, the glory days and the days of hope is gone. Just like the days stalwart Besigye would help the old-man creating the Resistance Councils as well. Peace.

Reference:

Bwana, Charles – ‘Voting Patterns in Uganda’s Elections: Could it be the end of the National Resistance Movement’s (NRM) domination in Uganda’s politics?’ (2009) – LES CAHIERS D’AFRIQUE DE L’ N° 41

Kirunda, Abubaker; Nakato, Tausi & Katabulawo, Andrew – ‘I don’t want opposition in parliament, says President Museveni’ (09.05.2017) link: http://www.monitor.co.ug/News/National/I-don-t-want-opposition-in-parliament–says-President-Museveni/688334-3919496-71atniz/index.html

Smith, Justin McKenzi – ‘Breaking with the Past – A Consideration of Yoweri Kaguta Museveni’s National Resistance Movement, and of social and Political action in Uganda during its government’ (1993) University of Edinburgh, Scotland, United Kingdom.

Opinion: Trump’s proposed Tax Reform is made for the wealthy and no-one else!

It is hard to take the “2017 Tax Reform for Economic Growth and American Jobs” that was released on 26th April 2017, a one page leaflet of wishes. This is shorter than most of the restaurant and they usually doesn’t have that many dishes to serve their clientele. Still, the Trump Administration and their “Treasury Secretary Steve Mnushin set out a test for tax reform that, “there will be no absolute tax cut for the upper class.” (Richard E. Neal – ‘President Trump’s Tax Proposal Another Broken Promise to the Middle Class’ – 26.04.2017). Still, with the first prospect of the wish-list of the Trump Administration is to give the rich less taxes.

An on a one-page wish-list you don’t really have the space or the care for describing the results, I look forward to read the CBO report on the proposed tax cuts. Since this should have some sort of implications, not only let the Manhattan elite afford yet another cabin in the Aspen or trip to Formula One in Monaco. They are speaking of easing the tax-codes and provide tax-relief for American families, without giving any specific detail into what that might be. I am sure the tickets of travel and the indispensable Secret Service guards to the golfing-weekends at the Mar-A-Lago in Florida has more explained reports, than these quick promises to the American families.

They are putting new brackets for the American families, also doubling deductions from the taxes and promise relief, without saying what this means, or if the families really get any serious cuts. While the Business get a shaved business tax rate from 35% to 15 %. One time tax on the Business Ownership abroad, to make sure the funds comes back into the United States. Last is to eliminate the tax breaks for special interest. So the last one, is to significantly add some tax back in the Internal Revenue Service.

So the little plan they have is to either cut and reform it minimally, while giving tax breaks to bigger corporations and the wealthy. The ones who already have the money and earns the profits, get to pay less, while the ones who needs or could have need of serious reform doesn’t get it. The ones earning on this wish-list is the Wall Street connected individuals, the Multi-National Corporations and the Limited Liability Companies (LLC). This sort of tax reform is made for the richest, not for the working class or the average voters who voted for the current President.

This is just another proof, that the President Trump isn’t there to drain the swamp or even trying to stop the major corporate takeover of Washington D.C. and the Capitol Hill. He is more of the same, just infused with less coded language and straight-face doubling down on the foreplay for the business executives. There isn’t anything in the works that proves that President Trump want to care about environment or health of his population over the profits of Goldman Sachs, Merrill-Lynch or any other significant private sector business operative like Exxon-Mobile. All of them will get the blessings and their days in the sunshine. As long as their Manchurian Candidate Trump are in office.

There aren’t anything that proves otherwise, his Executive Orders has been for easement of the businesses, not for the well-being of the population nor environment. The lacking care of the citizens and only caring for corporate citizens will clearly alter the pledges and promises. Certainly, the ones who voted for him should feel betrayed. The corporate greed in the United States is endless, as all the lobbyists, the paid senators, paid representatives and other legislators in Washington D.C. follows their donors more than the public. Just look at Ted Cruz record of praising the Mercer family and their values. Than you get a prime time example and all of the Republicans working for the Koch Brothers will.

The same is now happening from the oval office, with no restraint or any care of the consequence, if they fail or bitterly accept the truth. Doubt it, as they will double down and say it is for the common core, while the true tax cuts is for big-business and multi-national corporations who will have a surge of profits. The supposed trickling down theory will be put into play, while more of the monies will go into the pockets of the wealthy and the difference between the richest and poorest will grow even more. The lack of care from the state combined with the massive wealth, will really also destroy the society and make the ones left behind even feel more vulnerable, but that is not a concern the Trump Administration has. They only care for the billionaires and millionaires, not the ones living on food-stamps or on government subsidizes, as this government would easily have axed all of that.

I look forward to see the estimates from a real tax-plan from the Trump Administration, one with the implication and proposed reaction to the taxes and cuts. If the Trump Administration after these sort of cuts ever compare themselves to previous administrations and their cuts. They should be careful, as this will spike the deficit and the borrowing will grow enormously, into amounts that make the Democratic government look careful and fiscal sound. But it is only the Republican Presidents and Governments who is allowed to act as drunk dogs and then complain when the democrats doesn’t serve them at the last call. Certainly, this is the prospect of this sort of acts. This will not be for the American families, neither for the middle-class, this tax cuts are for the business owners and the wealthy who pockets dozens of millions on this without any consideration on fiscal funding of the budget, nor the expenses running the current government. But hey, Trump wants to downgrade the American economy and also weaken the dollar, so this might be one of the many ways he tries to do it. Kudos! Peace.

Rwanda 1994: Gen. Paul Kagame letter of 10. August 1994 (Confidentiel)

Opinion: Eric Trump are right, under the Trump Administration, the US is becoming a “Third World State”!

It’s really sad that we’re in an environment where tax returns are leaked by whoever it may be” (…) “Just think about it. Think about how dangerous that is, how third world that is on a practice that happened. When personal information is put out by people for political agendas. As a civilian, it’s actually scaryEric Trump on Fox News (Tani, 2017).

It is just one of these days where the sons of President Donald Trump speaks their mind and hits the nail. The nail is in the coffin, with the knowledge of the plans to make the republic less attractive, less business-friendly, more lassiez-faire and more focused on army than on progressive financial instruments and regulation to create growth. Trump Administration is busy with deporting millions, building a wall and starting trade-wars. The U.S. Government does not need to be transparent or accountable while doing so. Especially, not in the minds of one of his sons. That claims something unique and special. I have claimed in the near past that under President Trump, the U.S. Government could turn the Republic into a Banana Republic, a sort of style government that could be described by others as a third world one. Therefore, let the dictionary explain that!

Eric Trump needs a definition of the Third World:

1: a group of nations especially in Africa and Asia not aligned with either the Communist or the non-Communist blocs” (…) “2: an aggregate of minority groups within a larger predominant culture” (…) “3: the aggregate of the underdeveloped nations of the world” (Merriam-Webster).

So the United States can itself soon be fitted, not that it is an Asian or African nation, neither Communist, but still it is getting underdeveloped by the way the financial framework and industry is set-up under the Trump Administration. Where the Industry and Financial industry has the Administration by the balls and no eager of taking care of nature or the resources, except for eating the profits without giving anything back to the Republic. Just like the Oil Industry in Nigeria or in Ghana. The same as the mining and mineral industry in the Democratic Republic of Congo. So the United States under President Trump, will be similar. Eric Trump is not so far off, just not the way he thought he would be.

Another man’s vision:

This brings about complete dysfunction. It makes everything — economy, politics, roads, bridges, police, school — broken and shitty. Those who can leave do. Making it worse. This leads to more extremism, and more corruption, and more cynicism. And sometimes extreme violence. Because the other side becomes evil” (…) “The US has been shifting towards all four of these over the last 30 years, with inequality leading the way. We are more divided, economically and socially, then we have ever been (we are less divided racially. But only marginally so.)” (Arnade, 2016).

So when you have a system on the brink of collapse, a wealthy elite eating of the government plate and settling score to not pay their bills to the public, while the citizens and middle-class cannot build a steady life or afforded needed services, you know there are something wrong with the system and the state. That makes the Eric Trump words so right, that United States is becoming more like a third world country, with a sophisticated army, but cannot afford health care, schools or infrastructure. Just like the countries President Trump doesn’t want to affiliate with or been seen with. Since him and his advisor Bannon are supposed to be superior, and like a dictator in a Third World country, he believes he is always right and isn’t wrong.

So one smudge of evidence of his fathers Tax Returns from 2005 leaked to MSNBC Rachel Maddow, proves the realization of the state, that the Trump Administration would dislike. As they are not capping the debt, neither taking into account their ideas of taxation and tax-releases, as much as their will to deregularte industry and financial institutions. Therefore, leading the space of more expenses and negative environmental policies, that damage earth and only gains profit for a slim elite. Just like a Third World Country.

This is degrading for the United States, but the harsh truth, the ideas and policies in the making, the killing of health insurance, the idea of building the giant nuclear silos, while not paying for food for the starving. Proves that the U.S. Government are no closer to countries it does not want to be affiliated with, but still can be consider to be assimilated with. President Trump and his administration is clearly not wishing to be differing from chauvinistically taking charge and not caring what effect it has. Clearly, it is only his image that matter, just like any big-man and authoritarian leader.

So, soon we can say that the United States is underdeveloped and need aid, as their waters are daft, the industry is lacking technology, the roads are more potholes than tarmac, the bridges are weak, their railways not working and often not trusted. The United States has soon more expensive foreign imported goods, than what they produce and is losing money on their export of cash crops as soya and other grain. Therefore, President Trump leading his Republic to become underdeveloped or become a Third World Country.

Reference:

Arnade, Chris – ‘USA: A Third World Country in the making’ (05.10.2016) link: https://medium.com/@Chris_arnade/usa-a-third-world-county-in-the-making-14064ea5c534#.ah2gi0loi

Tani, Maxwell – ‘Eric Trump blasts Trump’s tax return leak on Maddow: ‘Think about how dangerous…how third world that is’ (19.03.2017) link: http://nordic.businessinsider.com/eric-trump-tax-return-leak-maddow-third-world-2017-3?

Merriam-Webster – ‘third world’ link: https://www.merriam-webster.com/dictionary/third%20world

Opinion: Suddenly President Kagame doesn’t want Rwanda to be dependent on the West!

For Africa as we wait to see what unfolds and adjust, we should be learning the lesson that we should not be entirely dependent. We will wake up to the reality there are things we should be doing for ourselves. You have made it appear that your situations are perfect and you want others to emulate you. Then you are surprised by what unfolds. It is what you have been hitting us with that is coming back to bite you. I did not change the constitution. If you want to know the truth you will find it is the people who did, not me. My satisfaction lies in the truth that we have not been involved in harming our people. What we are doing is to develop our country. If we don’t take care of ourselves, no one else will. As long as Rwandans are happy, we will keep doing what needs to be done. We will be listening to what others say but we will not be distracted from what needs to be done.”

-President Paul Kagame speaks to Gerard Baker, editor in chief of the Wall Street Journal, at the closing session of Invest in Africa conference.

President Paul Kagame of Rwanda, the long lingering Executive of Rwanda has compelled his words against dependency of the West. Surely, he has had this in mind for while in his own haven, as the Rwandan government has been a donor friendly. Therefore, that he claims now to take a stand against them shows the sudden change of attitude. However, it is sudden donors and programs that have stopped coming Kagame’s way, therefore the Rwandan government have started to run a giant tab of external debt instead of donor aid grants. Like look at some quotes from companies that establish the economic output and the financial flow of nations, like Deloitte and KPMG!

Rising debt:

“According to BMI, total external debt levels in the country have been rising steadily in recent years, from 16.1% of GDP in 2010 to an estimated 30.5% of GDP in 2015. Debt levels for 2016 and total external debt are forecast to amount to 35.2% of GDP and will be composed mostly of government debt” (Deloitte, P: 4, 2016).

Failing Foreign Aid, therefore rising debt:

“The primary headwind to the Rwandan economy in the 2016-2025 period will be the impact on debt as a result of falling foreign aid. Despite prudent fiscal policies to date, increases in debt levels will follow from the fall in foreign aid, since Rwanda is now deemed fit to transition from grant-based financing to loan-based financing by the IMF” (Deloitte, P: 5,2016).  “The government has been compelled to adopt a more prudent fiscal policy stance in an attempt to reduce the country’s dependence on donor support and increase fiscal autonomy. Recent external headwinds have encouraged the government to ease demand for imports by reassessing its infrastructure investment programme. This will undoubtedly have a negative impact on economic growth. That being said, the benefits of lower donor dependence and improved macroeconomic stability should outweigh the costs related to lower growth over the short term. Turning to external balances, Rwanda’s wide merchandise trade deficit is expected to maintain a shortfall in the overall current account going forward” (KPMG, P: 4, 2016).

“Aid harmonization has been improved and progress continues to be registered in the implementation of the Paris and Busan commitments especially the use of national budget and procurement systems. The Bank was the 6th largest Official Development Assistance (ODA) provider to Rwanda in 2013/14, accounting for 9.4% of total ODA26. The World Bank and EU invest in agriculture and energy whereas the leading bilateral DPs focus, among other things, on human development and social protection (Annex 8a). Annex 8b summarizes the progress made in implementing selected indicators as captured by the Donor Performance Assessment Framework. Use of the sector budget support (SBS) instrument has increased the share of Bank support disbursed using country systems. Under the DPCG, the Bank actively participates in activities to enhance the implementation of EDPRS II such as the 2014/15 assessment of SWGs” (AfDB, P: 9, 2016).

So if you look at the financial policies of the republic of Rwanda, some of it is not really chosen as the donors funds that has been suspended or stopped might be for several of reasons. That might be that if they accept the funds they have to follow a spectre of policies and interferes with the power that Kagame wish to achieve. The RPF and Kagame has total control of Rwanda, the export and the import, also owns dozens of the businesses. So the Rwandan government had to switch their economy with more loans, instead of donor aid. The loans are coming in through external debt as the external donor funds and grants have dwindled.

Therefore, the excuse of suddenly wanting to be independent is more a need, than a wish. If it was a wish earlier, than the AGOA or USAID to the RPF would have stopped decades ago. That should be common knowledge of the relationship between Paul Kagame and Bill Clinton. It is not that it is positive that the Rwandan Government want’s less aid is a healthy stance. Still, the excuse isn’t eaten by me.

The reality is that the increased debt instead of donor grants will hurt the economy, as the levied interest rates and other cost will hurt the economy. It isn’t healthy to be dependent of the aid either, but the reasons now seem more to reactionary than real intent. I am sure Paul Kagame would love funds from Belgium and France to build hospitals and clinics in rural regions of Rwanda. So, suddenly the West isn’t good enough, especially when they are questioning his reasons for staying in power and not having any successors while his regime is keeping a close lid on the opposition. Therefore, the economy and independent from the world becomes more important because then he needs to less show of transparency and accountability. Peace.

Reference:

AfDB – ‘RWANDA BANK GROUP COUNTRY STRATEGY PAPER 2017 – 2021 (October, 2016).

Deloitte – ‘Rwanda Economic Outlook 2016 The Story Behind the Numbers’ (June 2016)

KPMG – ‘Economic Snapshot H2, 2016 – Rwanda’ (15.10.2016) link:

https://home.kpmg.com/content/dam/kpmg/za/pdf/2016/10/KPMG-Rwanda-2016-Snapshot.pdf

Post Navigation

%d bloggers like this: