Tilted Forum Project Discussion Community - View Single Post - Question regarding Argentina's debt payment of $9.8 billion to the IMF

Charlatan · 12-31-2005, 09:03 AM

The IMF gives certain powerful interests a foothold (or more) into how these countries are run... Key in this is the privatization of things like electricity, water, etc.

There is a lot of money to be made on the backs of these nations.

In paying off this loan, Argentina can once more wrest control of their financial future and need not listen to those in the IMF who think they know what is best.

Chavez's many activities, including trading oil for Doctors with Castro, working to get OPEC to flex its muscles again, making deals for oil with China (rather than the US who views Venezuela's oil as part of the US reserve) have done nothing to win him friends in Washington. This is just another example of his thumbing his nose at the US.

Nothing paranoid there. Chavez is consistently looking for ways to do business and develop allies that do not include the US. The fact that US was probably involved in (and at least was willing to acknowlege and work with the group that made the attempt -- the US ambassador was a guest at the "victory party" but then distanced himself when it was clear that the coup wasn't going to happen) the attempted coup is a clear indication of where the US sits on the question of Chavez.

12-31-2005, 09:03 AM	#6 (permalink)
Charlatan Getting it. Super Moderator Location: Lion City	The IMF gives certain powerful interests a foothold (or more) into how these countries are run... Key in this is the privatization of things like electricity, water, etc. There is a lot of money to be made on the backs of these nations. In paying off this loan, Argentina can once more wrest control of their financial future and need not listen to those in the IMF who think they know what is best. Chavez's many activities, including trading oil for Doctors with Castro, working to get OPEC to flex its muscles again, making deals for oil with China (rather than the US who views Venezuela's oil as part of the US reserve) have done nothing to win him friends in Washington. This is just another example of his thumbing his nose at the US. Nothing paranoid there. Chavez is consistently looking for ways to do business and develop allies that do not include the US. The fact that US was probably involved in (and at least was willing to acknowlege and work with the group that made the attempt -- the US ambassador was a guest at the "victory party" but then distanced himself when it was clear that the coup wasn't going to happen) the attempted coup is a clear indication of where the US sits on the question of Chavez. __________________ "My hands are on fire. Hands are on fire. Ain't got no more time for all you charlatans and liars." - Old Man Luedecke Last edited by Charlatan; 12-31-2005 at 09:08 AM..