As my fellow blogger Constructive Feedback would say: where's the push for organic competency development?
When Wall Street USA musters up the courage to exercise "organic competency development", that kind of question won't be dismissed as naive.
Until then, what's good for the U.S. goose should be good for the Nigerian gander.
What Ronnie Hussein B makes use of "They Are In The Mud With Us" as a defensive measure to remove any "high standards" that might derail the redistribution of money for this "worthy cause". "Well why don't you ask THEM to do the same before they receive money?" - I can imagine Ronnie saying before he typed this.
The grand flaw in Ronnie Hussein B's argument is that he fails to note that Wall Street (and the Federal Government) are just as vulnerable to collapse as a result of having a particular standard of living that is out of alignment with their actual productive capacity. There is a difference between creditworthiness and productive capacity. We saw from the housing fiasco that every entity that is able to attract credit financing can't make good on the investment.
When Wall Street became purely the paper pushing "middle men", making profits off of transaction fees more than the real value that they added to economic output a grand implosion resulted. The impact we are still living under.
How does suffice as a reference model for what African nations should do as they seek to expand their own economies? It is clear that this was not a reference of affirmation made by my friend Ronnie Hussein B. Instead this was a redirection attempt in order to silence critical scrutiny of this Marshal Plan.
I plan to do a more comprehensive post regarding how a more multifaceted "win/win" situation can be constructed between the African people who receive the benefits of these directed efforts and American who are in need of an opportunity for skills development.
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