Thursday, June 23, 2011

Hillary Lectures China

"We don't want to see a new colonialism in Africa," said Mrs. Clinton, adding "that Washington was concerned that China's foreign assistance and investment practices in Africa have not always been consistent with generally accepted international norms of transparency and good governance," quoted by Michael S. Rozeff of my alma materSome Stunning Quotations.

As far as I can tell, this "new colonialism" involves having businesses, not troops on the ground, so it does seem to be something new. As to the second preposterous claim, Prof. Rozeff rightly counters, "China should have all its banks carry their assets at fictitious values as in the U.S."

Does she not realize that Washington's moral authority has been entirely squandered? If hers is the alternative, I, for one, welcome our new Chinese overlords, and Africans would be wise to do so as well.

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Omnes Sancti et Sanctæ Coreæ, orate pro nobis.