Wednesday, December 29, 2004
Interesting development in the wake of the tsunami. Across the Indian Ocean, Somalia also got whacked by the wave--at least a hundred dead last count. As part of relief efforts Dubya said he'd temporarily suspend their debt. Whaaaat?!?! Last I checked Somalia had no central government except a bunch of guys who have to hang around Kenya because they have no authority within Somalia itself. Interesting. Do you suppose this new government has already promised bankers to leach the Somali people for money to pay back the debt the old government took on? No wonder they can't show their faces in Mogadishu. Obviously the people of Somalia are better off with the numerous clan chiefs and warlords than whatever the bankers want to impose on them through Nairobi. I hope they get their wish and keep their money.
Posted by Margaret at 1:35 PM