THE FUTILITY OF THROWING MONEY AT AFRICA

One of the reasons why so many immigrants to America became producers of wealth is because they left their clans and tribes behind and came here as individuals eager to seek their fortunes. America’s freedom permitted them to exercise their ambitions, their ingenuity, their drive to achieve success. No one goes to Africa to do what immigrants to America do.

Then there is the problem of government corruption, which is endemic to Africa. For example, according to Dr. Ayittey, in Nigeria between 1970 and 2000 more than $35 billion in oil revenues disappeared into the Nigerian government’s coffers. Nobody knows what happened to the money. In Zaire, Mobutu Sese Seko accumulated a fortune of $10 billion. He could have written a personal check to pay off his country’s foreign debt of $7 billion.

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