Predictions of an Economic Hit Man
By John Perkins, AlterNet. Posted January 13, 2006.
The controversial author explains why Bolivia's new president, Argentina's anti-IMF rebellion and the NYC transit strike are all harbingers of things to come. Most people in the United States know that a transit strike crippled New York City. Fewer are aware that seven South American countries, representing over 80 percent of the continent's population, recently elected presidents with anti-American sentiments. The former has an immediate effect. The latter will impact our children for decades to come.
In December 2005, Evo Morales buried seven challengers -- taking 54 percent of the vote -- in what the New York Times referred to as "the most important election since Bolivia's transition from dictatorship to democracy a generation ago." His platform appealed to the poor, including farmers whose main source of income, coca plants, caused them to suffer brutal treatment at the hands of U.S. drug agents. Although U.S. politicians and the media have denounced coca because it is used to produce cocaine, the fact is that it is extremely important in the Andes as a legal remedy for altitude sickness, digestive problems and other illnesses.
Evo Morales is the latest in a long list of democratically elected Latin American presidents whose primary appeal is their opposition to U.S., IMF and World Bank policies that favor foreign corporations with reputations for exploiting natural resources and local labor. Bolivia joins the ranks of previously pro-American countries that have recently turned against Washington and Wall Street, such as Argentina, Brazil, Chile, Ecuador, Uruguay and Venezuela.
Argentina's President Kirchner recently announced what has been hailed as an "anti-IMF rebellion." He paid off nearly $10 billion in IMF debt in order to get out from under a burden that, he said, "caused poverty and pain among the Argentine people."
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http://www.alternet.org/story/30681/