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toubab1020
12314 Posts |
 Posted - 30 Jul 2008 : 12:31:02
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Prince
Toubab: I don't know what he wants in Gambia, but i'm sure the benevolent dictator has something he fancies
Any one else know? or even heard rumors. |
"Simple is good" & I strongly dislike politics. You cannot defend the indefensible.
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Edited by - toubab1020 on 30 Jul 2008 12:31:34 |
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shaka
996 Posts |
Posted - 30 Jul 2008 : 19:13:06
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I am not comparing Mittal to Hitler but i was rather speaking in the context of "phenominal insight" as you ascribe. Those who blindly worshipped Hitler were not oblivious to his evil side but rather chose to ignore it as insignificant in the same manner Prince's deep personal admiration overide his knowledge and conscience of the fact that Mittal employs slave labour, empower dictators, tramples on human dignity and make poor people's lands inhabitable by dumping toxic waste on them. Your sense of business, as is your role model's, is driven by greed period. Ethics and morals have no place in your book. It might not be Mittal's "duty to straighten messed up countries" but it is not his duty either to further plunge "messed up" countries into further chaos by strengthening the hands of dictators and corrupt government officials. I guess you would not have any problems admiring Jammeh's former business partner Victor Bout, he too has a phenomenal business insight.
In the case of Mittal Steel's dealings with the Nigerian mining companies there is no need to cry sour grapes on behalf of Mittal Steel for it is clearly the looser in this called off deal. Just like you caricatured Nigeria as a "messed up country led by grand crooks like Obasanjo and Yar'Adua", Mittal Steel went to Nigerian on the presumption that they can pull the wool over the eyes of these gullible grand crooks. Alas not everybody in Nigeria is a grand crook and they honourably and prudently sniffed out Mittal's evil intentions. Having spent hundreds of thousands if not millions of dollars in a precontract deal, that include bribing supposive corrupt officials, conducting feasibility studies and hiring legal expertise among other things Mittal Steel was sent packing. The clear looser therefore was Mittal Steel. The Nigerians did not go into a deal with Mittal Steel for its expertise contrary to what you believe but for its finacial capacity and to offer such a rotten deal on the table of a struggling economy by a company worth tens of billion dollar is at best evil.
Perhaps the most considerate part of your argument is when you said that "governments should take care of their people and enact sound labour laws. If Mittal faults those laws then he should be sued and...." Every government have those laws Prince. The evil lies in the fact that Mittal had those who are meant to be enforcing those laws in his pocket to the detriment of the majority voiceless masses. He knows that knows that he would be bankrupt overnight if he practices any of that **** in Western Europe and the US because he will be sued for every penny he owns. Why inflict this evil on struggling economies trying to find their footing in the global economy. Just because you don't directly feel the pinch of Mittal's excesses does not give you the right to be so judgemental on poor nations taken advantage of by your role model. quote:
Originally posted by Prince
easy Shaka, Mittal doesn't force rogue leaders to accept his deals. It would be feeble minded of him to heavily invest in a place lead by grand crooks like Yaradua or Obasanjo.
He did the right thing by not putting his money where his mouth won't be. If they don't want his deal, too bad as it's a mutual lost.
Mittal lives and invests in the West were he pays taxes and probably obeys the laws. Its not his duty to straighten out messed up countries like Nigeria, where contracts are not honored.
Nigeria could have gained from his expertise; he would have made their steel industry more productive.
The labor conditions you mentioned reflect the overall suituation in some parts of the world. Industrial accidents are part of industrialization. All isolated cases shouldn't be blamed on Mittal. Governments should take care of their people and enact sound labor laws. If Mittal faults such laws he should be sued and...
If the Gambian government wants to do business with Mittal: cool. He is a very efficient and insightful fellow.
I'm not "personality" worshiping him, he has shortcomings as every human being, both in business and socially, but comparing him to Hitler is a mere exaggeration.
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Edited by - shaka on 30 Jul 2008 21:52:09 |
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toubab1020
12314 Posts |
Posted - 30 Jul 2008 : 22:48:28
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Shaka, Was Mittal Steel in Gambia around the time when the New bus company was "inaugerated" by H.E.? Gambia once had a fleet of TATA busses they were made in India,just like the new fleet of tractors and trailers used by the KMC as part of the national cleanup campaign. |
"Simple is good" & I strongly dislike politics. You cannot defend the indefensible.
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shaka
996 Posts |
Posted - 30 Jul 2008 : 23:38:51
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Not sure about that one Toubab1020. One thing i know is that they were attracted to the Gambia after Jammeh's declaration that he found a huge deposit of iron ore in the Gambia. They came flying like vultures a couple of weeks after that.
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Edited by - shaka on 30 Jul 2008 23:39:52 |
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Aku_pickin
Christmas Island
162 Posts |
Posted - 15 Aug 2008 : 04:54:52
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Folks, Gambia must tread lightly here.
A business man will only invest in something that is profitable to him period!
An unethical business person will do whatever it takes to make a profit regardless of the negative consequences to the people and the environment.
Has anyone seen the environmental disaster in Sanyang as aresult of the Carnegie mines? I saw it and I was appalled!
However, Carnegie cannot harbor all the blame as it is up the ruling administration to setup guidlines and policies to prevent economic and environmental disasters by comapanies. This corrupt administration saw an opportunity to line thier personal pcokets and disregarded the long term damage. |
Justice must be served as impunity brings more repression and corruption! |
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