Saturday, October 18, 2008

Cobra Finally Showing Us What He Would Do If Elected!



Sata’s campaign for the by-election to choose a President who can serve the remainder of the late HE Levy Mwanawasa’s term has, for far too long, been dominated by the Post newspapers attempted character assassination of the MMD candidate and Acting President Rupiah Banda.

What has been missing is a proper discussion on the issues. At last it looks like the hyperbole is settling down and Sata is going to give us a proper look at his positions on the issues. Now the electorate may finally have the necessary information in order judge which candidate to choose, based on what they stand for. A good example of what a Sata presidency might look like came in a recent campaign declaration, whereby Michael Sata announced that if elected he would force foreign companies to set aside 25% of their investment for locals. At first glance this may seem like a good idea. But what would the long term effect of this policy be?

There seems to be general consensus in Zambia that the economy has been doing well for the past 7 years. The key to that success, was recognition by the late President Mwanawasa that economic prosperity in the modern world is based on a countries ability to attract foreign investment.

The astute President understood that foreign investment was a fickle bedfellow, much like the fairytale goose that lays the golden egg. With both the goose and foreign investment, if you squeeze either too hard then they will stop laying for you. Sata’s proposal to force 25% religuishment of international inward business, is an action that will squeeze Zambia dry of foreign investment.


There is no doubt that Sata is a populist politician, trying to get votes by making promises that will be impossible to deliver. However this policy is also sending a message to the greater world as to the type of people that a Sata presidency will be seeking and taking advice from. This policy is taken from one of his great political hero’s Robert Mugabe, the President of Zimbabwe.


The same Robert Mugabe, that has steered his country to almost total economic collapse and a world record inflation rate of over a trillion percent. After the recent economic success and growth in our country, Zambian voters may not think that a Zimbabwe meltdown is possible here. But remember; Zimbabwe was once the breadbasket of Southern Africa and in only a few short years has become the basket case!

PROTECT ZED - DON'T VOTE SATA!

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