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Latin America Winning 7-0
The United States, the European
Union and the international
financial institutions are
watching their economic order
being bashed in Latin America,
where popular sectors are having
their demands heard for the
first time.
Venezuela, Brazil, Argentina,
Bolivia and now Chile, with the
victory of Michelle Bachelet,
the first woman president in
that southern country´s history,
lead the silent (for the
mainstream media) revolution
taking place in the continent.
Already Brazil a nd Argentina
have cut their ties with the
International Monetary Fund by
paying their outstanding debts
with the institution, while
announcing their intention of
doing so with official creditors
represented in the Paris Club.
President Hugo Chavez in
Venezuela has made great strides
in uniting the continent by
offering the region a free trade
alternative that really works,
which takes into account the
differences in development
levels of each nation.
Part of the Bolivarian
Alternative of the Americas
(ALBA in Spanish) is initiatives
in the energy sector that are
already alive and working.
PetroCaribe, PetroSur and
PetroAndina will lead later on
to the creation of PetroAmerica,
designed to achieve independence
and sustainability in the
region´s energy sector.
Also in public health and
education, continental programs
are underway to address urgent
problems in the region, among
them illiteracy and eye surgery.
Analysts in the United States
are acknowledging the change.
For one, John Perkins, author of
“Confessions of an Economic Hit
Man” says most Americans know
that a transit strike crippled
New York City, but few are aware
that seven South American
countries, representing 80 per
cent of the continent´s
population, have recently
elected presidents with
anti-American sentiments.
In Ecuador, the president was
thrown out of office by a
popular grass-roots uprising
when he capitulated to economic
threats and bribes, and went
against his campaign promises to
force US oil companies to pay
more for the Ecuadorian oil they
extracted.
During the past year, points
Perkins, a rising tide of people
throughout the world has been
rebelling against policies they
see as unjust. This has occurred
not only in Africa, Asia,
Europe, Latin America and the
Middle East, but also in the
United States, where workers
resent corporations and their
executives for receiving high
tax breaks.
According to this man, once
employed by the US Treasury
Department to submit developing
economies to bribes and
political pressure,
transnational corporations have
taken control of much of the
production and trade in
developing countries.
For example, 40 percent of the
world´s coffee is traded by just
four companies, while the top 30
supermarket chains control
almost one-third of worldwide
grocery sales.
A trade surplus of one billion
dollars for developing countries
in the 1970s turned into an 11
billion deficit by 2001.
The income ratio difference
between wealthy and poor
countries widened from 30 to 1
in 1960 to 74 to 1 in 1995.
Another astonishing fact is that
of the 100 largest economies in
the world, 51 are corporations,
of which 47 are US-based.
The gap also gets wider inside
industrialized nations. Slaves
before the US Civil War received
room and board, while wages paid
currently by the sweatshops that
serve many US industries do not
cover the most basic needs.
The number of poor in the US has
increased by 5 million in the
last four years.
Unrest throughout the planet is
the harbinger of the
difficulties that will haunt
future generations, unless
reason prevails. All people, and
not just those at the top, have
the right to justice and
dignity.
Voters throughout South America
have warned that people and
nature´s interests must be taken
into account if the human race
is to survive.
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