CameronPoe
Member
+2,925|6814
http://news.bbc.co.uk/2/hi/business/6205420.stm

A victory for democracy. Evo Morales, the populist, leftist, first indigenous leader of the poorest nation in Latin America (despite its wealth of oil and gas) has struck a blow against corporate greed and economic imperialism. This is what he offered the people to get him elected and he has followed through. Democracy in action. If this was cold war era he would have been overthrown by an externally sponsored coup. Will he get away with his just demand for the majority of revenue from the natural resources of Bolivia for long? Who knows. Viva Evo.

Last edited by CameronPoe (2006-12-04 01:01:57)

EVieira
Member
+105|6737|Lutenblaag, Molvania
What that very short and incomplete report dosen't say is that Evo's action is drastically reducing foreign investment in Bolivia, and that is giving rise to unemployment. One example is a high tech steel mill that was going to be built near the Brazililian border of the country, but now is on permanent hold. And most likely will be built in Venezuela.

Evo could be doing the right thing against the energy companies, but his radical way of doing things is not good for Bolivia's economy in the long run.
"All truths are easy to understand once they are discovered;  the point is to discover them."
Galileo Galilei  (1564-1642)
CameronPoe
Member
+2,925|6814
The steel mill is being moved to Venezuela? That country is on a one-way ticket to Castro-style communism. Why would it relocate there?

The simple fact of the matter was that Bolivia was being exploited - a wrong which he has righted. All he needs to do now is to make gestures to international investors to show that they can trust him and that all this was was correcting an injustice. Most Latin American countries really do need to start from scratch, something which this move represents.

Last edited by CameronPoe (2006-12-04 02:10:46)

Reciprocity
Member
+721|6839|the dank(super) side of Oregon
dont worry cam, we'll get around to killing him eventually.
DonFck
Hibernator
+3,227|6890|Finland

Neo-Imperialism is slowly failing. Hopefully the current economic system can evolve to be something better.
I need around tree fiddy.
JahManRed
wank
+646|6886|IRELAND

What a team!!
https://www.granma.cubaweb.cu/secciones/alba/int/fidel-evo-chavez.jpg
oug
Calmer than you are.
+380|6777|Πάϊ

DonFck wrote:

Neo-Imperialism is slowly failing. Hopefully the current economic system can evolve to be something better.
ƒ³
sergeriver
Cowboy from Hell
+1,928|7016|Argentina
Cam, this guy is destroying Bolivia, even more.
CameronPoe
Member
+2,925|6814

sergeriver wrote:

Cam, this guy is destroying Bolivia, even more.
In what way Serge?
sergeriver
Cowboy from Hell
+1,928|7016|Argentina

CameronPoe wrote:

sergeriver wrote:

Cam, this guy is destroying Bolivia, even more.
In what way Serge?
Evo Morales may sound as a revolutionary, but the truth is the guy is not qualified for the job, he didn't even go to college and he has no clue about the behavior of international markets.
Since becoming president in Jan/06 he nationalized oil and gas.  Brazil is in serious troubles with that.  Argentina can handle it because we have gas and we have a lot of illegal Bolivians here, so make your maths.  But what he is doing is making foreign investment to go away.  Some provinces are asking for separation from Bolivia because of all the changes the guy made.  Bolivia will collapse sooner or later because of Evo Morales.
CameronPoe
Member
+2,925|6814

sergeriver wrote:

CameronPoe wrote:

sergeriver wrote:

Cam, this guy is destroying Bolivia, even more.
In what way Serge?
Evo Morales may sound as a revolutionary, but the truth is the guy is not qualified for the job, he didn't even go to college and he has no clue about the behavior of international markets.
Since becoming president in Jan/06 he nationalized oil and gas.  Brazil is in serious troubles with that.  Argentina can handle it because we have gas and we have a lot of illegal Bolivians here, so make your maths.  But what he is doing is making foreign investment to go away.  Some provinces are asking for separation from Bolivia because of all the changes the guy made.  Bolivia will collapse sooner or later because of Evo Morales.
He may not be the most economically expert person on the planet but surely you must agree that the oil and gas companies and associated oligarchs were raping Bolivia with impunity?
sergeriver
Cowboy from Hell
+1,928|7016|Argentina

CameronPoe wrote:

sergeriver wrote:

CameronPoe wrote:


In what way Serge?
Evo Morales may sound as a revolutionary, but the truth is the guy is not qualified for the job, he didn't even go to college and he has no clue about the behavior of international markets.
Since becoming president in Jan/06 he nationalized oil and gas.  Brazil is in serious troubles with that.  Argentina can handle it because we have gas and we have a lot of illegal Bolivians here, so make your maths.  But what he is doing is making foreign investment to go away.  Some provinces are asking for separation from Bolivia because of all the changes the guy made.  Bolivia will collapse sooner or later because of Evo Morales.
He may not be the most economically expert person on the planet but surely you must agree that the oil and gas companies and associated oligarchs were raping Bolivia with impunity?
Maybe, but there's a way to do things without saying if you invest here you are screwed.
Fancy_Pollux
Connoisseur of Fine Wine
+1,306|6904

sergeriver wrote:

Cam, this guy is destroying Bolivia, even more.
This thread reminds me of the jackasses I see walking around campus with a Che shirt and listening to their Ipod. Yay! Revolutionaries are cool! Down with the evil corporations! Nice Ipod there, buddy. Get the fuck out of America.

https://mypetjawa.mu.nu/archives/littleeichmanns.gif

Corporations = win. Unless, of course, you want your nation to be a boring 3rd world Socialist cesspool of poverty.
DonFck
Hibernator
+3,227|6890|Finland

Fancy_Pollux wrote:

sergeriver wrote:

Cam, this guy is destroying Bolivia, even more.
This thread reminds me of the jackasses I see walking around campus with a Che shirt and listening to their Ipod. Yay! Revolutionaries are cool! Down with the evil corporations! Nice Ipod there, buddy. Get the fuck out of America.

http://mypetjawa.mu.nu/archives/littleeichmanns.gif

Corporations = win. Unless, of course, you want your nation to be a boring 3rd world Socialist cesspool of poverty.
No one said that corporations = lose. Au contraire. You Sir, need to freshen up a bit on your social politics literature.

I have a Che T-shirt. Hell, I've got two!
I need around tree fiddy.
EVieira
Member
+105|6737|Lutenblaag, Molvania

CameronPoe wrote:

The steel mill is being moved to Venezuela? That country is on a one-way ticket to Castro-style communism. Why would it relocate there?
It dosen't really matter where it went, it mneant thousands of jobs that one of the poorest regions of Bolivia desperately needed. The mill had even a credit line ready with a French banking institution for the construction.

CameronPoe wrote:

The simple fact of the matter was that Bolivia was being exploited - a wrong which he has righted. All he needs to do now is to make gestures to international investors to show that they can trust him and that all this was was correcting an injustice. Most Latin American countries really do need to start from scratch, something which this move represents.
Ignoring contracts and trying to take by force the instalations of foreign companies are the worst gestures he could make. Bolivian troops actually occupied refineries that were built with money invested in the country, and that are still being paid for.

He might have the right ideas, but he's far from the correct ways to imlpement them. Risign unemployment due to these actions will eventually hurt Bolivia much more in the long run
"All truths are easy to understand once they are discovered;  the point is to discover them."
Galileo Galilei  (1564-1642)
CameronPoe
Member
+2,925|6814

Fancy_Pollux wrote:

sergeriver wrote:

Cam, this guy is destroying Bolivia, even more.
This thread reminds me of the jackasses I see walking around campus with a Che shirt and listening to their Ipod. Yay! Revolutionaries are cool! Down with the evil corporations! Nice Ipod there, buddy. Get the fuck out of America.

http://mypetjawa.mu.nu/archives/littleeichmanns.gif

Corporations = win. Unless, of course, you want your nation to be a boring 3rd world Socialist cesspool of poverty.
You assume too much Pollux. I am completely aware and respectful of the role global capital mecessarily plays in the economy of the world. The fact of the matter though is that Latin America has been ravaged by untempered capitalism due to weak government and opportunism. They need to start from scratch with the necessary controls in place so that responsible capitalism takes hold - not wholesale rape of their nations.

I'm a capitalist with a social conscience Pollux in case you need that clarified. I enjoy the finer things in life, that socially responsible capitalism offers.

PS What have you got against democracy? First Hugo Chavez, now the manifesto of Evo Morales????

Last edited by CameronPoe (2006-12-04 15:53:07)

RicardoBlanco
The English
+177|6827|Oxford
What Evo has done is singlehandedly convined an entire population to vote for him by dazzling them with money. Bolivia has vast resources and he's pissing the lot away on projects that are good in the short term but completely unsustainable in the long run. Any politician in power could do this for votes, but most are more resposible.

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