Concede nothing to the insatiable BEAST. *LINK*
Posted By: karibkween In Response To: Re: Help me overstand the "evil" of Khadafi (karibkween)
Date: Monday, 18 April 2011, at 2:09 p.m.
In Response To: Re: Help me overstand the "evil" of Khadafi (karibkween)
"To be sure, Libya has opened itself to the West, but doing deals with Western corporations is not the same as engineering a wholesale subordination of domestic interests to those of foreign bankers and corporations — typically, what corporate-and investor-oriented Western governments look for in Third World "partners". For the wealthy scouring the globe for investment opportunities and corporations seeking export markets, an opening door in Libya doesn't necessarily mean that Libya's business climate is fully conducive to maximizing profits. That Libya allows some Western corporations to operate in the country doesn't guarantee that investments are safe from expropriation, that performance requirements aren't imposed on foreign investments, that repatriation of profits isn't controlled, that taxes aren't high, or that there is a commitment to labor market "flexibility." In short, the Kaddafi government may, in recent years, have sought to expand Western access to investment opportunities in Libya, but that alone doesn't mean that the conditions of access were regarded by corporations and investors as being as desirable as they could be, or as desirable, for example, as those provided by the government of Bahrain, or as desirable as those a future government might provide."
It's expressly why I made this statement to Rasi: "Or will you wittingly or unwittingly become the impetus for US involvement in the event of conflict among the natives of the land which you now call home?" see link
"The road to hell is paved with good intentions!"
Out for Western Business and Investor Rights
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