Can you spot the error? Bloomberg News fail on #Burkina Faso

bloomberg fail

 

 

 

 

 

 

*That is Yoweri Museveni, and no Blaise Compaoré, in the photo!

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Negotiating all night #burkina #lwili

Now is when it gets Borgia-like, right?  Everyone has known for years that the slow but steady growth of Burkina Faso for last 15 years could vanish in a puff of smoke and a lot of broken windows, in three days of rioting.  I hope so much that Burkina doesn’t go down the Mali/Guinea/Cote d’Ivoire/Liberia/Sierra Leone/Guinea-Bissau/Togo route.  Hmm… what are the odds?  Well, Burkina Faso has reasonably good “traditional” institutions, has a well-deserved reputation for ethnic and religious tolerance, has an optimistic youth population, and has a lot of friendly donor countries.  So maybe things will come out OK.

PS.  Just for the record.  It has been a good rainfall year.  October-Nov is not a “hot” month in Ouagadougou.  Rain and heat did not cause this popular uprising.  Clear?

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What did Ambassador Mushingi tell Blaise Compaoré? What will he tell him now?

For the future, it would be good to know what exactly were the messages being sent by Susan Rice and Tulinabo Mushingi, because surely this was not the outcome that U.S. policy should have been working for.  As a U.S. citizen, I sure hope my foreign policy representatives were telling Blaise in no uncertain terms that if a popular uprising took to the streets and ousted him, he should not count on any support from the U.S. if he tried to claw his way back in the game.

And now, they should be telling him he should leave.  The major opposition leaders are all former regime members, and there is no reason to think their policies would be mis-aligned with U.S. policy of promoting development and containing AQIM.

Ambassador Mushingi should come right out and say, “Blaise Compaoré has proven himself incapable as President, and he should immediately resign, and finally be held accountable for the numerous crimes committed under his presidency, especially the killing of Norbert Zongo.”

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Burkina Faso: President Compaoré’s arrogance and miscalculation not different from any other dictator’s

President Blaise Compaoré looks like he is about to be ousted, as a popular uprising today has led the regime to collapse.  Pretty much his own fault.  He had numerous opportunities over 2014 to engineer a graceful transition of power in 2015.  He decided not to. Just a month ago, Burkinabè were hopeful that talks between opposition and the President, face-to-face, explicitly about the transition, might lead to a compromise.  We may never know what and whom from Compaoré’s inner circle prevented that, and now it is too late.

Last week his main counselor, Assimi Kouanda, head of the CDP, the political party that controls the National Assembly, announced that the CDP would move very quickly to modify the constitution and permit Compaoré  to stand for yet another term.  They then announced that they had allied with a smaller party, ADF-RDA, and had a 3/4 majority in the National Assembly, and so they did not even have to have a referendum, they could just amend the constitution to permit yet another term (or two!) for Compaoré.  And then they set a date, today Thursday.  And then they thumbed their noses at the opposition, and apparently rounded up the CDP deputees of the National Assembly and put them in a luxury hotel across the street from the Assembly.  Talk about making people even madder. The whole thing took on the clear appearance of unconstitutional and undemocratic “forcing” rather than what the CDP kept saying.  So in the morning the young crowd swelled, and the security forces decided they did not want to have a massacre just to let Compaoré stay in the palace, and the whole thing broke down.  Arrogance and miscalculation led to the downfall.

Gilbert Noel Ouedraogo, leader of ADF-RDA, now looks like he also made a major miscalculation in siding with Compaoré.

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Amazing footage from Droit Libre TV starting with Benewende Sankara going to Assembly…. and ending…. #Burkina #lwili

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Great summary by Neil Irwin on Quantitative Easing

The era of quantitative easing is almost over, for now, and in the United States, at least. But the consequences of the Federal Reserve’s policy to pump trillions of dollars into the financial system in hopes of stimulating the economy will long be with us.Fed policy makers are meeting Wednesday and are likely to announce that October will conclude their third round of using dollars created out of thin air to buy vast sums of bonds — $1.7 trillion in just the third round of the program, known across the land or at least the financial world as QE3.The program has managed a rare trick of being perpetually maligned on Wall Street while driving asset prices up enough to make lots of people on Wall Street very wealthy. But on the eve of Q.E.-C-U-Later, what do we know about how these three programs that eased monetary policy through unconventional means?

via Quantitative Easing Is About to End. Here’s What It Did, in Charts. – NYTimes.com.

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A good step by Ambassador Mushingi and the Burkina Faso team at State Department

U.S. diplomats were pretty clear today in disapproval.  Of course, the effects depend on how the message was delivered in person, and the hints of consequences to follow if the message were ignored (as seems likely, at this point).  The weird thing about the whole effort by Compaoré is that not even people in Burkina Faso can really understand why he is doing this.  To almost everyone, it seems like the reasonable thing to do would be to say he was not going to run again, let someone in the CDP run (and win), and then move on to the nice life of a senior international peacemaker  for French West Africa.  After a few years he would be a hero to 80% of Burkinabè (the rest will never forget the crimes de sang).  If Compaoré were a megalomaniac, or had a Putin-like vision of himself leading a “mother Burkina,” then sure one can understand why he will not let go.  But most people’s sense of him is that is is fairly disinterested in being  a leader.  Indeed, his public style the past ten years has been to be outside the fray and pretend he is neutral arbiter.  So either he is a true master of image, or there is someone else (Chantal? Diendere? Koanda?) really pushing this.

Later on Tuesday, the U.S. issued a statement saying, “The United States emphasizes that constitutionally mandated term limits provide an important mechanism to hold heads of state accountable, ensure peaceful and democratic transfers of power, and give new generations the opportunity to compete for political office and elect new leaders.”

The political crisis spilled out onto the streets on Tuesday in a campaign of civil disobedience called by opposition parties who want to prevent the referendum being held.  Hours later, the U.S. State Department said it was “concerned by the spirit and intent behind” the proposed changes that would allow Compaore, who has been in power for 27 years, to run for election in 2015, when he is meant to stand down.  Burkina Faso is a key U.S. ally in West Africa in the fight against al Qaeda-linked fighters operating in the Sahel-Sahara band. It also frequently mediates in regional conflicts.  France, which has Special Forces troops based in the country, said on Tuesday it expected Compaore to adhere to the laws drawn up by peers at the African Union and not push through the constitutional amendments.

via Thousands protest in Burkina for second day, U.S. joins outcry | Reuters.

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Cutie and the Boxer

Watched this after teaching Monday night.  I had mixed feelings.  The art was not compelling for me, and the artists seemed unable to articulate what they were doing.  Or perhaps the filmmaker did not let them.  At the same time, as a portrait of two people, it is gripping.

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Alan Blinder’s “After the Music Stopped”…. Chapter 1

For my Macroeconomics class I assigned Alan Blinder’s After the Music Stopped: The Financial Crisis, the Response, and the Work Ahead.  I’ll be reviewing the book chapter by chapter in the coming weeks.

The very first paragraph of the first chapter mixes metaphors. First the economy has been run over by a truck, then at the end it has been mugged.  Was that a deliberate stylistic decision?  By mixing metaphors does an author signal: “This book is for popular audiences.”  Seems to me that when you want to make berry jam, you should not throw the baby out with the bathwater.

The super-short version of the financial crisis that Blinder offers right up front tries to be different by emphasizing the “bond bubble.”  I’ll be curious to see if Blinder follows through with the idea that the bursting of the bond bubble was larger and more devastating than the housing bubble.  Blinder also tries to be provocative by saying that Fed actions “worked.”  The financial system “healed faster” than expected.   What would be his counterfactual, is what we have to pay attention to.

Then Blinder sinks to cliché: “One of my biggest frustrations was how little explanation the American people ever heard from their leaders.”  An unfortunate elitist cliché too, as if leaders were needed to explain things too complex for the ordinary person.  But my objection is more this: What is Blinder’s evidence that there was little explanation?  He does not cite any sources.  And little compared to what?  Was there some other phenomenon that was explained a lot?  Did The Wall Street Journal not cover the financial crisis and explain it as it happened, in the several hundred articles published on the crisis in 2008 after Lehman Brothers?  Did we really have to wait for Alan Blinder’s book to finally understand the crisis?  Blinder then accuses President Bush of being silent on the crisis.  But a quick glance at the President’s September 2008 speech, after the collapse of Lehman Brothers, reads very much like Blinder’s super-short version of the crisis.  And another speech in November 2008 echoes very similar themes.  An article by journalist Martha Raddatz in October 2008 notes that President Bush had given nine speeches on the crisis.  Blinder goes on to criticize everyone else, from President Obama to the lowliest TV commentator… never mind the bloggers.  I began to think he had mistaken writing a book for writing a rap song… “My grill is badder and shinier than yours!” is what he seems to be saying.

Blinder’s insiderism gets the better of him, as twice (p. 7 and 9) he makes reference to Rahm Emanuel’s nostrum that the financial crisis should not be wasted: it should be an opportunity for bipartisanship and reform of the financial industry.  It is a hackneyed phrase, and an editor should have just rewritten that in plain prose.

This is bad, I’m not even up to page 9 yet!

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EIFL partners to launch library training in Uganda

EIFL Electronic Information for Libraries is delighted to announce a joint project with Maendeleo Foundation and National Library of Uganda that will encourage development of new and innovative public library services in Uganda that meet local community needs.The collaboration will build information and communication technology ICT capacity of 24 librarians at 22 public libraries that currently provide public access to computers and the internet. The libraries are spread across all of Uganda’s four regions.This is EIFL’s second major national public library capacity building initiative in an African country. EIFL is currently piloting a similar initiative in Ghana, working with Ghana-based partners and involving 27 public libraries. The Ugandan initiative builds on the Ghana pilot programme, which comes to an end in November 2014.

via EIFL partners to launch library training in Uganda | EIFL.

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Ken Opalo provides the right data for Blaise Compaoré’s constitution-change attempt

The right data:

Since 1990, 11 countries in sub-Saharan Africa have had leaders try to rewrite their constitutions to do away with term limits. Seven 64 percent of these leaders succeeded Burkina Faso, Chad, Gabon, Guinea, Namibia, Togo, and Uganda. Three failed Malawi, Nigeria, and Zambia, in the face of erstwhile opposition from legislatures. In one instance – Niger in 2010 – attempts by President Mamadou Tandja to extend term limits resulted in a coup. In previous work, I found that the dominance of the president’s party in the legislature was a good indicator of the likelihood of term limit extension.

The right conclusion:

We should care because both theory and empirical evidence suggest that leadership turnover is good for institutional development, democratic consolidation, and political stability.

via As thousands protest against term limit extension in Burkina Faso, will other African presidents take note? – The Washington Post.

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Gene Yang’s The Shadow Hero, illustrated by Sonny Liew

Was it coincidence?  Yesterday morning I started to read Gene Yang’s new graphic novel, The Shadow Hero.  In the afternoon Sukie and I went to see Raina Telgemeier at The Reading Bee in San Carlos.  And there was Gene Yang with his kids!  He and I had been on a panel several years ago at the California Librarians Association conference, so I felt free to bug a celebrity.  (As Sukie later pointed out, how could all those people in the store not know him!?)

Last night I finished reading the book.  Obviously less sophisticated and ambitious than Boxers and Saints, and less emotional than Level Up (which I found really sad), but still a good read.  The drawings are by Sonny Liew.  It is refreshing to see how easy it is to have a nuanced, non-discriminatory “super-hero” story nowadays… all due to The Watchmen.  There never was any need for all the idiotic stereotyping and othering of the past.  But you do wonder: maybe we are so comfortable in our contemporary multiculturalism that we can’t see what others will see 50 years from now.

Anyway, as usual with Gene Yang, the story is nuanced and clever, steeped in history and character.  A wonderful way to spend an hour or two and then daydream awhile afterwards.

gene-yang-shadow-hero-first-second

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Burkina Faso update – President Compaoré seeks to amend constitution

President Blaise Compaoré, and his political party the CDP (led by Assimi Koanda) announced this week they would seek to amend the Constitution in order to permit President Compaoré to run for another term. Opposition announced big demonstration October 28.  Spontaneous demonstrations singling out “kingmaker” ADF-RDA leader Gilbert Noel Ouedraogo whose party controls enough seats in National Assembly to permit direct amendment of constitution (Blaise will have 3/4 of votes,  as provided for in constitution).  GNO came out and said they would vote with CDP.

Today, October 26, government announces all schools and universities closed for the week.

The brief history: As Army captains, Blaise and his friend Thomas Sankara took power in 1983.  In 1987 Sankara was killed (by Blaise loyalists).  Blaise assumed the presidency.  In 1991 he was elected to a 7 year term- not free and fair elections.  In 1998 he was elected to another term.  After the election, journalist Norbert Zongo is killed, massive demonstrations, Compaoré agrees to amend constitution to have term limits and term of five years, courts rule limits not retroactive.  Blaise elected again in 2005.  Blaise elected again in 2010.  In both cases, opposition weak and divided.  2011 army mutinies and civil disturbances.  Old guard in CDP quits, to oppose amending constitution.

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@goraina and Gene Yang at San Carlos bookstore The Reading Bug… Raina Telgemeier to sign her new book, Gene Yang to get signed copies for his daughters… they were both so nice to Sukie!

Afterwards at home, long discussion about relative merits of various graphic novels.

raina telgemeier

gene yang and sukie

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When a favoriting can make your day… thanks @goraina

telgemeier

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Gilbert Ouédraogo : “Pour préserver la paix, l’ADF/RDA opte pour le compromis”

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Jeune Afrique thinks it knows what CDP in planning in Burkina Faso

Rémi Carayol writes that his sources indicate Blaise Compaoré will try on October 30 to have the National Assembly pass by 3/4 majority an amendment to the constitution permitted a second re-election (that is, a third term).  Oddly, Jeune Afrique/Carayol does not mention that the constitution explicitly says that the 3/4 is for Parliament, which is the National Assembly plus Senate combined. but there is no Senate!

Selon nos informations, ce projet de loi sera soumis aux débats le 30 octobre dans l’hémicycle. Il stipule que le nombre de mandats présidentiels est toujours limité une ligne rouge pour l’ADF, mais que désormais, le président est rééligible deux fois, et non plus une seule fois comme le précise la Constitution actuelle. “Tout le monde est content, souffle un proche du président. Compaoré peut se représenter, et l’ADF peut sortir la tête haute, puisque la limitation du nombre de mandats est maintenue”. Le parti de Gilbert Noël Ouedraogo a aussi obtenu que l’article 37 de la Constitution ne soit à l’avenir plus modifiable. Un verrou supplémentaire… après en avoir fait sauter un.

via Décryptage | Burkina Faso : le référendum, la seconde option de Blaise Compaoré | Jeuneafrique.com.

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Solow growth model style discussions applied to China… reversion… convergence… continued growth?

Many of the most bullish forecasts of China’s economic future are based, more or less, on extrapolation. For more than three decades, its economic output per person has been rising at an extraordinary annual rate of 6 to 10 percent, climbing rapidly toward levels in the richest nations. If that continues for a couple of decades, the bullish forecasts will prove accurate.But if you look at the long arc of economic history, such performance would be a remarkable aberration. That’s the argument that the Harvard economists Lant Pritchett and Lawrence H. Summers make in a new working paper. In short, past performance does not predict future results. What tends to happen, rather, is “reversion to the mean”: Countries having long periods of abnormal growth tend to revert to something around 2 percent growth, closer to the long-term global average.“China’s experience from 1977 to 2010 already holds the distinction of being the only instance, quite possibly in the history of mankind,” with sustained super-rapid growth for more than 32 years, they write. “Why will growth slow? Mainly, because that is what rapid growth does.”There are plenty of other China pessimists out there, who note everything from aging demographics to years of politically driven investment that may offer poor returns, to an economy trying to make the perilous transition away from investment spending and toward consumers. Just last week, a Conference Board report argued that China’s economy would slow as a credit and investment bubble deflated.

via China Will Keep Growing. Just Ask the Soviets. – NYTimes.com.

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National Assembly in Burkina Faso votes to submit change to constitution to referendum

Correction- they voted to put consideration of the question on the agenda, apparently. Still not clear because no news stories have emerged of what exactly was decided today.

Apparently after not even a full day of consideration!  No hearings about legality (under present constitution there is supposed to be a Senate; under present constitutions not supposed to amend constitution in way that undermines republican character of state… gosh this reminds one of Rome under Caesar!) No hearings about death of constitutional court judge Salifou Nebie. No hearings about intimidation of journalists.  Just a shameful rubber stamp, rationalized inside their heads, I am sure, by a thinking that “These other guys, Zepherin, Roch, Salif… they’re the same as us… so it is all a big game… so why should we let them win when we can win…”  The problem is clear in history of other West African states, and is even expressed pithily in French: “Après moi, le déluge.”

A l’Assemblée nationale, l’ordre du jour de la session prenant en compte le projet de loi modifiant la constitution a été voté hier jeudi. Résultats : 99 voix pour CDP, ADF/RDA, CFR, UNDD et 28 contre ADJ , UPC.

via leFaso.net, l’actualité au Burkina Faso – L’information en temps réel du Burkina, Médias, journaux, infos, direct, les dernières nouvelles, politiques..

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Great interview with Cheriff Sy in Burkina Faso

One of the most well-respected journalists in Burkina Faso.  He does not mince his words. Completely opposed to Blaise Compaoré’s attempts to revise the constitution to permit himself to run for another presidential term.

Il y a une constitution qui est là avec ses insuffisances certes, mais elle est là comme loi fondamentale. Cette constitution est suffisamment précise quant à la durée du mandat présidentiel, quant au contexte d’organisation d’un référendum. Je suis donc étonné que l’intéressé ou d’autres personnes se posent la question. Ce qui est par contre, peu claire, c’est qu’est-ce que les Burkinabè veulent ? La constitution prévoit aussi que lorsqu’on vous fait la force, il faut vous défendre. Si les gens s’asseyent sur leurs honorables postérieurs et en font des débats de maquis, c’est leur problème. A partir du moment où c’est un acte illégal, il faut que les gens réagissent par rapport à cette illégalité. Je ne vais pas rentrer dans de grandes théorisations, mais il faut que les Burkinabè apprennent à être, un tant soit peu, courageux. Que nous apprenions à nous départir des non-dits, à nous assumer par rapport au regard de nos enfants, par rapport aux générations futures. La vérité, s’il y a une vérité, est toute simple. Le président Blaise Compaoré qui dirige le Burkina depuis 27 ans, n’est pas arrivé par les urnes au pouvoir.

via BURKINA FASO | Cheriff Sy : « Ce n’est pas un bulletin de vote qui a amené le président Blaise Compaoré au pouvoir.

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