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Constitutional Amendment allowing Foreign Real Property owne

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BryanKerwick
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PostPosted: Wed May 25, 2005 10:43 am Reply with quote Back to top

I would like to hear from the folks their opinion about changing the Constitution to allow Foreign Investment into Liberia.

While I would agree the Mineral Rights must forever belong to the Republic, I think it is essential to allow for Foreign Investment.

Liberia has no ability to raise sufficient Capitol to stimulate it's economy, repair and build infrastructure, create facilities of every description in manufacturing, commercial and service sectors or provide sufficient social services such as hospitals and schools.

Allowing Foreign Investment would solve the 85% estimated unemployment problem by bringing the required Capitol into the Republic to solve the above mentioned economic problems.

Liberia, like all Anglophone Countries, is based on English Common Law. Upon analizing Australia, New Zealand, Canada, United States, Ireland, Scotland and England, they all rely heavily on Foreign Investment. To my astonishment, my country, United States which is the richest most powerful country in the world has by far the largest Foreign Investment in it's country out of all the Anglophone countries.

It is obvious that free trade is essential. It is an easy step to go from importing goods to having foreign companies and/or individuals producing goods and services in the Republic, employing the population and providing economic benefit to all. It is much better to allow Real Property rights foreigners than to import the necessary goods and services at a much higher price with no economic benefit to those who would be perspective employees.

For what reason is allowing Real Property rights to non-Liberians such a bad thing?
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PostPosted: Wed May 25, 2005 8:14 pm Reply with quote Back to top

Bryan first of all if we're going to change our constitution for the purpose of foriegn investments. Then I suggest that we should first change it to ban our goverment official from investing in foriegn countires.

Our Presidents, Execulooters, Legislooters Senelooters investing in foreign countries .While our Constitution may not forbid it, though it should, morality definitely does forbid such investments. Here is why.

When these looters took office, they was supposed to protect our interests, the public interests. Such interests include creating an atmosphere conducive to business enterprise. By investing abroad, while the public lacks such atmosphere, they has thus violated the public trust by neglecting thier duties, shunning our yearning and going abroad instead.

It is against moral judgment to invest abroad when no such investment exists at home where you are elected to see how it can be possible. It against moral judgment to seek medical care abroad when such care does not exist at home where you are elected to see how it can be possible. It is against moral judgment to send your children to school abroad when our schools at home are in shamble. It is against moral judgment to act in opposition to one's sworn duties.

They have the power to change things at home, but they rather go abroad. These they do because we let them!

Again, "The evil of this world is made possible by nothing but the sanction you give it!"
Rinabear07
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PostPosted: Wed May 25, 2005 10:39 pm Reply with quote Back to top

Brian
I think before we allow foreign investment or foreign investors, we must first set up a system to monitor curruption in the nation, if there is no check and balance system in place, all you are left with is more money for the elected thieves...oh excuse me ...elected officials to make away with.

I believe when these systems are in place we can then start looking at ways in which to privatize some of the government regulated agencies...LEC etc.
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BryanKerwick
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PostPosted: Fri May 27, 2005 3:48 am Reply with quote Back to top

Rinabear07

The corruption you speak of will be eliminated by this proposed change. These investments I speak of are like Ford Motor Company buying a large tract of land to build a massive manufacturing facility as well as housing schools and a hospital for their workers and families. This produces good jobs for Liberians as well as furnishing housing, education and medical help WITHOUT the government getting involved. In order to entice investments of this type, the government would have to waive taxing the investor for a number of years but it is far better than having to furnish the Liberian citizens with the same opportunities. There aren't enough diamonds or logs in Liberia to pay for this much needed investment into the country.
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