ALBA (and Venezuela) Strengthening Nicaragua's Economy, But That's Not the Whole Story.
Submitted by BonnieFromMerida on Mon, 2012/10/08 - 09:51.
Interesting discussion of the increasingly strong Nicaraguan economy. ALBA and Venezuela have helped, but the Ortega government has expanded the Nicaraguan economy in other directions as well. Growth of 5% in Nica economy projected for next year, which is a hell of a lot better than the U.S.'s so-called free market, capitalist economy. Latin American socialism, a mix of different models, is working for the majority of their populations. President Chavez's re-election to a new six-year term yesterday will greatly strengthen ALBA and Latin American development as a whole.
Amazing what is learned from the US
While the rules are different with ALBA, the concept seems the same as the revolving door between government official and private executive in the US. For example, we accepted Dick Cheney as VP even though he didn't even do the legal thing and put his Halliburton stock in a blind trust while he was in office. His public/private play was clearly not unique.
The only big difference I see is that ALBA at least pretends to be doing good things -- I bit different from war profiteering.
Welcome back, Bonnie
Hang around and maybe some of the other non-right wing folks will pop their heads up. They do lurk from time to time, and occasionally post.
Rebecca Brown
Like me, fr'instance
I'm a middle-of-the-road extremist who hates right-wingers!
Interesting article on how the neo-fascists are using a private holding company to buy friends. Musolini would be proud, the Corporate State at its cleverest.
"You can avoid reality, but you cannot avoid the consequences of avoiding reality." Ayn Rand