Written by: A. Allan Schmid
Primary Source: The Troublesome Economist
Oil companies are circling Virunga National Park in the Congo, home to several endangered wildlife species such as mountain gorillas. The oil company thugs stoop to bribery and murder. The Government is silent saying they must support anything that will lift their people out of poverty. One could be more impressed if they were putting a large part of their royalties into a trust fund for all its citizens, such as Alaska did.
The Congo has been home to natural resource exploitation by the Belgians for generations and where are the jobs it was supposed to create? Any natural resource eventually runs out and the people who get rich are government officials and foreign companies.
Source: NYT 16 Nov 2014