Nov 12, 2010

Power corrupts

During its first term, the ousted Madagascar president had done much good to its country. New buildings mushroomed, roads were built, aid deals were multiplying, and business was flourishing. But later he decided he needed a second private Boeing, he broke a land deal with the Koreans to his own personal benefit, and hassled competitors so he would head national monopolies… No wonder a coud d'état followed…  and now no aid, no business, and no growth until the next elections, God knows when!