Political Upheaval

Latin America challenges the Washington Consensus

By Nadia Martinez

The presidential palaces of Latin America are famous for their imposing Spanish colonial grandeur. Not long ago these marble edifices on grand plazas were inhabited mostly by military strongmen. That these leaders were elites of European descent went virtually without question. Today, Chile's presidential palace, [RETURN TO ARTICLE]

  • Reader Comments

     Page 1 of 1 pages

    Rumsfeld on Chavez——- “HITLER was elected, too.”

    <blockquote>“The Bush administration should be paying close attention to what is happening in Latin America, without repeating the mistakes of the past. It should define a clear policy for the region that is based on supporting democratic processes and institutions, and should seek to ensure that democratic governments like that of Evo Morales in Bolivia succeed. The United States should be more tolerant of those leaders who do not necessarily toe Washington

    France Posted by frog on Apr 6, 2006 at 2:57 AM

    Most people in the US are completely unaware of how our tax dollars
    and savings account dollars are at work South of the Border.  The
    policies that are driven by economic interests in the US are not part
    of the political discourse, although they should be.

    At least the peoples of Latin and South America know which boot
    is kicking them, even if Americans are insulated and unaware.

    If we were more aware, we would be more interested in promoting
    a sustainable foreign policy that departs from the traditional elitist
    feudal oligarchy that big business invests in with our money.

    I bet not many people who read these articles are aware of a
    program practiced by the large multinational banks like Wells
    Fargo, usually referred to “loan syndication.”

    As many as 40 or 50 banks may participate in lending to a large
    project that combines the maximum allowable capitol from each
    local S&L.  The amounts are in the hundreds of millions to
    billions and the payback period may exceed two hundred years.

    The banks have tended to favor government owned businesses
    such as copper mining in Chile, because they feel authoritarian
    governments are more reliable than democracies.  Elitists like
    elitists.

    The problem for many people in the southern hemisphere is
    that the economic interests at stake are ultimately secured by
    military force backed by US covert advisement and training
    if not actual boots on the ground.

    The knowledge gained in the process of learning how to
    repress dissent in Latin and South America is unfortunately
    likely to become the whirlwind we reap from the seed that
    we have sown.  Iraq is really an extension of this kind of
    foreign policy philosophy.  Before this dark trend ends, we
    may see this come home to roost in the US.

    This is why we need to become more aware and to keep
    this out in the sunlight of public dialogue.

    United States Posted by sustainablestuart on Apr 6, 2006 at 3:36 PM

    The treadmill Voinovich was referring to is the relentless fundraising needed to run a modern political campaign. According to the Center for Responsive Politics, in 2004 the average winning House campaign cost $1 million, a winning Senate campaign $7.2 million and President George W. Bush’s successful reelection a whopping $345 million. In the 2004 election, 1,403 congressional candidates raised more than $1.2 billion to pay for their campaigns.

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    Pakistan Posted by rajuman on May 14, 2010 at 3:19 PM

    we were more aware, we would be more interested in promoting
    a sustainable foreign policy that departs from the traditional elitist
    feudal oligarchy that big business invests in with our money.


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    India Posted by Chris Harris on Aug 10, 2010 at 3:38 AM

    Fascinating article. At this distance, it’s always interesting to learn more about the relationship between the USA and Latin America, particularly the different policies of different administrations.
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    United Kingdom Posted by traphic74 on Nov 8, 2010 at 4:39 AM

    Most people in the US are completely unaware of how our tax dollars and savings account dollars are at work South of the Border.  The
    policies that are driven by economic interests in the US are not part
    of the political discourse, although they should be.

    At least the peoples of Latin and South America know which boot
    is kicking them, even if Americans are insulated and unaware.

    If we were more aware, we would be more interested in promoting
    a sustainable foreign policy that departs from the traditional elitist
    feudal oligarchy that big business invests in with our money.

    I bet not many people who read these articles are aware of a
    program practiced by the large (Body Building Supplements) multinational banks like Wells
    Fargo, usually referred to “loan syndication.”

    As many as 40 or 50 banks may participate in lending to a large
    project that combines the maximum allowable capitol from each
    local S&L.  The amounts are in the hundreds of millions to
    billions and the payback period may exceed two hundred years.

    The banks have tended to favor government owned businesses
    such as copper mining in Chile, because they feel authoritarian
    governments are more reliable than democracies.  Elitists like
    elitists.

    The problem for many people in the southern hemisphere is
    that the economic interests at stake are ultimately secured by
    military force backed by US covert advisement and training
    if not actual boots on the ground.

    The knowledge gained in the process of learning how to
    repress dissent in Latin and South (Sports Supplements)America is unfortunately
    likely to become the whirlwind we reap from the seed that
    we have sown.  Iraq is really an extension of this kind of
    foreign policy philosophy.  Before this dark trend ends, we
    may see this come home to roost in the US.

    This is why we need to become more aware and to keep
    this out in the sunlight of public dialogue.

    United Kingdom Posted by Iano on Dec 4, 2010 at 12:36 PM

    I completey agree that If we were more aware, we would be more interested in promoting a sustainable foreign policy that departs from the traditional elitist feudal oligarchy that big business invests in with our money. Blinds UK | Thermal Blackout Blinds

    United Kingdom Posted by camille jones on Jan 21, 2011 at 10:01 AM
     Page 1 of 1 pages
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