Latin America Bites Back

With the end of the Cold War, what ideological reasongas companies refused to agree to the terms which
did the USA have for remaining in control both politicallyMorales said would still provide a return of 20-25%
and economically in Latin America? It was all aboutprofit during the life of the contract. The gas
money, big business and control. Some large multicompanies refused on the basis that if they agreed for
nationals in the USA have bigger incomes than manythe terms to be renegotiated in Bolivia with them taking
countries in Latin America, Africa and Asia. Isn't ita smaller piece of the pie, then this would open the
grotesque that companies are more powerful thatflood gates for other countries to do the same. So
presidents and heads of state? If they competed on awhat they do is they vilify those leaders via the press
level playing field, then I'm sure that the companieswith the stance that they are anti-business and not to
would never have grown to the size that they are.be trusted. The CIA has intervened many times in the
Halliburton started by Dick Cheney is just one examplepast to remove leaders they don't see as suitable to
of a multi-billion pound country working in Iraq andthe big business interests and politics of the USA. A
around Latin America, obtaining contracts oftenrecent example is the removal of Saddam from Iraq,
awarded by the IMF and World Bank.Halliburton and other big companies have now moved
The continuing poverty in Latin America has meantinto Iraq and a recent audit commission by the USA
that indigenous leaders with an anti-poverty agendagovernment states that $8 billion has gone missing
have become popular for the first time in hundreds offrom oil revenues since the invasion. Governments in
years. This popularity has been sparked by theAfrica and Latin America have been removed for less
collapse of Argentina and the continuing privatization ofthan half that amount but because this money has
everyday necessities such as water andgone missing on while the allies are in charge. They
communications. In Latin America these privatizationsjust say that they need to tighten procedures. All this
often to lead to huge price increases meaning that theinfo is available via reputable(?) media sources if you
majority poor of these countries cannot even getgoogle it.
access to basic needs.The end result is that Latin American leaders have had
But the recently elected indigenous leaders ofenough. They want to exploit natural resources for the
Venezuela and Bolivia are starting to bite back at thegood of the people of their own countries and not
role of the USA, IMF, World Bank and other countriesthose located in the developed world. That's why we
that they see have exploited the minerals and wealthwill see a continuing polorisation and small scale trade
of their countries. Morales in Bolivia recently offered toagreements between these emerging countries in Latin
re-negotiate all contracts with the gas suppliers inAmerica that are beginning to 'bite back' at their former
Bolivia which included Centrica which owns British Gas.masters. The way they do this....where it hurts the
These contracts were to be renegotiated back intomost.... Money, business and power!
the favour of the government of the host country. The