Latin America: Growth, Stability and Inequalities: Lessons for the US and EU
James Petras
Introduction: Images of the Past
The image of Latin America portrayed by the mass media and held by the educated public is a region of frequent coups, periodical revolutions, perpetual military dictatorships, alternating boom and bust economies and an ever-present International Monetary Fund (IMF) dictating economic policy.
In contrast the same opinion makers plus their academic counterparts project images of the United States and the European Union as stable societies, with steady economic growth, incremental expansion of social welfare programs, resolving issues via consensual compromises and practicing sound fiscal policies.
Permalink"An Amero For Your Thoughts" (OpEdNews 404 – Repost)
By Robert Singer
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October 13, 2008
An Amero For Your Thoughts
The dollar has been poised to collapse since 1980. Turns out Iraq had no nuclear weapons but, by rejecting the dollar in favor of the euro, Iran, North Korea and Venezuela now have weapons of Financial Mass Destruction to use against the U.S. By converting most of their currency reserves to Euros they threaten our ability to export our debt.
So, we're hearing "it's time to go in a new direction."- What new direction?
Mexico's July 4 Election - Has the Narco State Arrived?
Nearly 50 candidates and public figures have been assassinated in the run up to Mexico's 2010 state elections. Former presidential candidate Diego Fernández de Cevallos, major leader of the ruling PAN party, was kidnapped on May 16 and has not been heard from since. Three days ago, Rodolfo Torre, the odds on winner for governor in the state of Tamaulipas, was murdered in a highway ambush. Torre's murder represents the highest ranking politician of the 50 assassinations this election cycle.
The political murders by the drug cartels are not focused on one party. The Los Angeles Times suggested that the goal may be to create chaos and elevate the drug cartel control over the entire Mexican political system.
Judge Rakoff Nails JP Morgan
Federal district court Judge Jed S. Rakoff called off a J.P. Morgan deal in an order that revealed the inside track on how the financial giant does business. The ruling of January 28 prevents Morgan from selling or participating the $225 million loan it made to Cablevisión, owned in the majority by Grupo Televisa, one of Mexico's largest telecommunications companies. (Image)
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