₦airaland Forum

In short, you don't get anything out of a gold standard that you didn't bring with you. If your government is a credible steward of the money supply, you don't need it; and if it isn't, it won't be able to stay on it long anyway. (See Argentina's dollar peg). Meanwhile, the limitations on the government's ability to respond to fiscal crises, the necessity of defending against speculative attacks in times of crises, and the possibility of independent changes in the relative price of gold, make your economy more unstable. It's a terrible idea, which is why there are so few economists willing to raise their voices in support of it.

I'm not advocating that we reduce imports of cars, tvs and other tech-heavy products. I'm talking about simple rice.

Nigeria security forces in random killing following bomb blast

The Nigerian authorities must immediately put a stop to unlawful killings by security forces, Amnesty International said today after at least 23 people were killed by police following a bomb blast on Saturday in the north-eastern city of Maiduguri.

The bomb, allegedly set off by the Islamist group Boko Haram, went off in the Budum market in central Maiduguri and injured three soldiers. According to reports received by Amnesty International, the Nigerian Joint Military Task Force (JTF) responded by shooting and killing a number of people, apparently at random, before burning down the market.

“President Goodluck Jonathan must get a grip on the Nigerian armed forces and immediately prevent them from carrying out further human rights violations and unlawful killings,” said Tawanda Hondora, Amnesty International’s Deputy Director for Africa.

“The government must now investigate these heinous crimes and put on trial those found to be responsible for the killings. Allowing troops to go on the rampage will not bring to justice those who carry out these terrible bomb attacks on civilians,” he said.

“While staying within the law, the government must step up efforts to bring to justice members of Boko Haram who wreck untold suffering on people in the middle belt.”

One wing of Boko Haram has reportedly disowned the bomb blast, saying it may have been carried out by a splinter group.

The JTF was set up by the federal government in June 2011 to restore order in Borno state. In recent months, Amnesty International has received numerous reports that security forces in Borno state have resorted to unlawful killings, dragnet arrests, arbitrary and unlawful detentions, extortion, and intimidation.

One human rights defender told Amnesty International “Soldiers went on the rampage. They shot several people and burned all their shops and properties and burned their cars.”

Super T:
That what Drug can do. Run for your dear life. Its destroyed.

That will served as a lesson to others.