Latin America Bites Back

Since the end of World War II the USA has intervenedre-negotiate all contracts with the gas suppliers in
in Latin America countless times in order to keep theBolivia which included Centrica which owns British Gas.
balance of power in the interest of the USA. TheThese contracts were to be renegotiated back into
Panama Canal and Bay of Pigs are just two of manythe favour of the government of the host country. The
examples. Like the UK in Africa, it was originally aboutgas companies refused to agree to the terms which
the cold war and combating the rise of the CommunistMorales said would still provide a return of 20-25%
influence of Russia.profit during the life of the contract. The gas
With the end of the Cold War, what ideological reasoncompanies refused on the basis that if they agreed for
did the USA have for remaining in control both politicallythe terms to be renegotiated in Bolivia with them taking
and economically in Latin America? It was all abouta smaller piece of the pie, then this would open the
money, big business and control. Some large multiflood gates for other countries to do the same. So
nationals in the USA have bigger incomes than manywhat they do is they vilify those leaders via the press
countries in Latin America, Africa and Asia. Isn't itwith the stance that they are anti-business and not to
grotesque that companies are more powerful thatbe trusted. The CIA has intervened many times in the
presidents and heads of state? If they competed on apast to remove leaders they don't see as suitable to
level playing field, then I'm sure that the companiesthe big business interests and politics of the USA. A
would never have grown to the size that they are.recent example is the removal of Saddam from Iraq,
Halliburton started by Dick Cheney is just one exampleHalliburton and other big companies have now moved
of a multi-billion pound country working in Iraq andinto Iraq and a recent audit commission by the USA
around Latin America, obtaining contracts oftengovernment states that $8 billion has gone missing
awarded by the IMF and World Bank.from oil revenues since the invasion. Governments in
The continuing poverty in Latin America has meantAfrica and Latin America have been removed for less
that indigenous leaders with an anti-poverty agendathan half that amount but because this money has
have become popular for the first time in hundreds ofgone missing on while the allies are in charge. They
years. This popularity has been sparked by thejust say that they need to tighten procedures. All this
collapse of Argentina and the continuing privatization ofinfo is available via reputable(?) media sources if you
everyday necessities such as water andgoogle it.
communications. In Latin America these privatizationsThe end result is that Latin American leaders have had
often to lead to huge price increases meaning that theenough. They want to exploit natural resources for the
majority poor of these countries cannot even getgood of the people of their own countries and not
access to basic needs.those located in the developed world. That's why we
But the recently elected indigenous leaders ofwill see a continuing polorisation and small scale trade
Venezuela and Bolivia are starting to bite back at theagreements between these emerging countries in Latin
role of the USA, IMF, World Bank and other countriesAmerica that are beginning to 'bite back' at their former
that they see have exploited the minerals and wealthmasters. The way they do this?.where it hurts the
of their countries. Morales in Bolivia recently offered tomost?. Money, business and power!