House of Paine

is this mas mucho or no mas loco ???

  

a Paco Drell DI-SECTION 

===============================


  IS IT ENOUGH TO CHEER ???

ECONOMISM DOES THE TRICK ????

 ELECT EM AND CHANGE WILL COME ????


all of the above areultimately
              vile dry gultchers 

 TAKE THIS FOR INSTANCE 

by a well intended  white jew
                         Wash based
      left-hemi   wonk:

ON....

 WHAT NEXT IN THE ANDES 



AFTER....

"Evo Morales' election in Bolivia,
  with an unprecedented
(for that country) 54 percent of the vote...."

after some swiftly laid out
            BLADDY BLA BLA BLA .....



".... we would do well to step back 
  ....a moment and look at this election
 in economic terms"

   -----     INDEED BUB UNDEED  --------



"Bolivia has ... been subject 
to IMF agreements almost
continuously  since 1986"


-------------


" these ...(IMF)...
structural reforms ....
 (LEAVE).....
..... per capita income 
 lower today
than it was 25 years ago"


---------- WIDEN THE SCOPE AND U SEE..----------------




" the economic failure
 of the last 25 years 
is ...
  regional and unprecedented"

" ...(IN)... Latin America as a whole
 income per person  
 over   the last (TWENTY FIVE ) years 
  grew by a total of 10 percent"

" Compare that
to 82 percent for the 1960-1980 period"


----------before neoliberalism's Rxs  82%
                          and after 10 % ------------------

 

"The connection between a set
 of (washington imposed )policy reforms 
 and the economic failure 
of the last 25 years
 cannot
be proven in a scientific sense"


-----------now ain't that a gem 
       of agnostic noodle headedness -------------

 " But there is considerable evidence...."


         ---------policy  induced popular disasters
           source ...well maybe ...-----------------------  

"....
  economic and political pressures ....
(out of )
Washington ...(and thru)...
the institutions that it controls: 
the IMF, World Bank 
and Inter-American Development Bank"

----------- 
example  besides and  before bolivia ..
              argentina ...-------------

" the IMF didn't give Argentina
a dime after its economic collapse 
at the end of 2001,
and in fact drained $4 billion (4 percent of GDP)
 out
of the country 
in the calamitous year of 2002"

--------response by "outraged pop" elected prz kirchner????-------------

------------pay em off in full
and 
then we'll
 wash la plata's hands clean
of these filthy yankee shylocks 

that oughta teach em eh ???---------------

 --------------- one good point..------------

"Kirchner's government
 intervened many times in
currency markets
 using
 the Central Bank for
something other than  an inflation fighter ....
                         (ie REAL WAGE BUSTER)........."

" The IMF remains opposed to these
policies"

" The Fund also opposed an export tax"

 "which
 boosted government revenues"

----------- by scooping up 
exporters
 wind fall profits 
flowing from devaluation ---------------


" Instead,
the IMF advocated
 raising
utility rates
 running bigger budget surpluses
 and
paying more money to foreign creditors"


-  argentine story now in happy chapter ...----------


"The economy has grown
 at about 9 percent
for each of the last three years "


"And it
was done without any outside help"

no chavez loaned em a billion bucks 
and sold em sub market oil------------


" despite the net
drain of money to the IMF 
and other lending
institutions"

---------- ya but argentina for all its 
imf horrors
was still going in and coming out
a fucked  but still
mid income society
not a bolivian nitemare ----------

 
--------- so lest jump up stream here
to see  what happens 
when you really  really really neo lib 
a middle income joint -------------

---------thanx to open imf dickery -------------

 "Venezuela's per capita income 
fell 35%  between  1970-1998"
 
----------- after a multi year
       struggle for power ---------------

" Chavez
government's seems to have 
reversed
 his country's remarkably 
long economic
decline"

-----------so  okayfine if you got oil today
 or are basically sound 
but but butsky 
how about for poor societies.....
  can the morales types
renounce uncle gringo's debt/credit jaws ???------------


---enter----

chavez's  " Venezuela"


" The $950 million
that Venezuela loaned Argentina 
is more than 10 percent
of Bolivia's GDP"

   --------- so hugo will lend evo 
who will pay uncle and his scrooges off ..----------

like  argintina turn
 every cent of that loan
       over to the imf ...
another payment in full 
what a wild  risky ride  that will be 
simple question 
when does hugo run out of hard cash to lend ???
for the likes of bolivia
such a loan/giftfrom hugo 
would be a breather at best
even if 
this is an absurd luxury moment
isn't blownby the evoistas 
like  they're 
on some kinda  trailer trash 
             weekend after
        a lotttery win  
its not an answer its a respite 
to gather your forces 
not likely to last ---------


------get this ear flapper ------------


"At some point 
Washington policymakers and economists
will revisit the economic evidence 
and decide that
perhaps some of their policy prescriptions 
have been
wrong"

-- ---------really ???? when??

             well prolly  when 
they start wanting back in
wanting
 to loan  to the latins again

then sure they quote say joe stiglitz 
sweet talk 
pass over a candy box
   and some flowers

"i'll never abuse u again honey 
i swear on the grave of  thomas jefferson "------


----------- then  comes this final shot
     glib hideousity-----------------


" But by that time, 
 Latin America will have long
passed them by"

-------------- really ???--------------------
___