being frank about dodd-frank

The proponents of Dodd-Frank present the issue in such a way that one may think that eastern Congo is a sovereign, independent country. The legislation fails to place the problems of the Kivus in the context of a national crisis that requires robust engagement at the national level. The Enough Project has been eager to display a letter of endorsement signed by 35 Kivu-based civil society groups. That is hardly a buy-in by the Congolese at the national level.

Unless Dodd-Frank is about US consumers and companies, the activists and their partners in Congress should confront the real causes of the conflict, which are failed leadership and corruption in Kinshasa, and predatory policies of Rwanda and Uganda who destabilize eastern Congo while benefiting from the trade. Cleaning up eastern Congo requires the courage to denounce, and pressure all guilty parties through a variety of means, including International Criminal Court indictments, freezing the assets of militia leaders and their backers, and diplomatic pressure on the governments of DRC, Uganda, Rwanda, Burundi and Tanzania.

Real change will only happen when a combination of bold measures is part of a comprehensive policy that addresses the crisis’ multifaceted nature as was done with blood diamonds for Sierra Leone and Liberia. These measures included UK-sponsored military intervention and state-building initiatives, the restoration of state authority, the dismantlement of militias, the Kimberly process and the pursuit of justice, which eventually led to the arrest of Liberia’s former President Charles Taylor. Pretending otherwise in DRC would be disingenuous.

That is Hoover fellow Mvemba on Huffpost. I concur.

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