Leftist Economist Leads Ecuador Runoff

Full story: The Associated Press

A leftist nationalist who is friendly with Venezuela's anti-U.S. president held a commanding lead over a Bible-toting banana tycoon in Sunday's runoff presidential election in Ecuador, exit polls showed.

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Michelle Pastor

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#26
Jan 18, 2007
 
Attila wrote:
your all wrong,Ecuador has had numerous presidents.If they don't like him they will kick him out,its there custom.the natives run that country, i have been there.
That may apply to a standard, corrupt president who is willing to steal his money and run. Things are very different now, just ask the Cubans and Venezuelans. We Ecuadorians can be so naive sometimes. Ecuador will no experience first hand the "Revolutionary" farce that Cubans experienced 40 years ago. So sad.
Michelle Pastor

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#27
Jan 18, 2007
 
typical US citizen wrote:
<quoted text>
US based international corporations are using the term “democracy” to strip natural resources from South American countries. In the case of Bolivia, the Bechtel Corporation (Bechtel Group) paid off the person that was suppose to protect the people of Bolivia and purchased the rights to control all water including well water and rain water in Bolivia.
It is my opinion that the people in Ecuador, Chile, Bolivia, Brazil, Argentina, Uruguay and Venezuela only defense against these corporate giants is to nationalize all of their natural resources and become a type of government that does not allow any profiteer to use their country to boost corporate profits without extremely high returns to their country or at the very least equal profits to their citizenry. Unfortunately, democracy opens the door to payoffs of government officials that can lead to their demise.
http://www.democracyctr.org/waterwar/
Two years ago a Bechtel subsidiary took over control of the water system of Bolivia's third largest city, Cochabamba. Within weeks, the company doubled and tripled water rates for the poor.
They have already nationalized everything in Ecuador. The problem is that the government officials are always much more greedy and corrput than any corporate officials. Nothing makes a profit and there are no jobs. The US depends on transnationals and foreign investment for jobs. In Latin America the left has vilified them.
Vangelist

San Francisco, CA

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#28
Jan 20, 2007
 
exiled wrote:
Countries need governments based on their own cultural values. As I see it, American style venture capitalism and republican government will not work in areas where most of the people are uneducated. It is a style based on understanding private property and the risks involved when there is no paternalistic lord of the manor or owner of the factory to take care of you.
It is somewhat true yet simplistic to say superpowers have made other countries poor.(And, it depends on the definition of poor. I see poor as lacking in the basic amenities that make living pleasant; food, available water, safe decent housing,some security and having hope of a better life through effort. Some would see poor as simply lacking financial net worth.)
Sometimes it is the mix between culture and changing world economic reality that leads to poverty...
..."people are uneducated?"...

Explain to the EX-FACTORY worker why his JOB went to COMMUNIST CHINA... And his SON went to IRAQ !

..."venture capitalism"...

The ARMS MERCHANTS are good CAPITALISTs... Business has been good for them lately.

I am glad Ecuador is in a path where SOCIAL values are aspired !
Vangelist

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#29
Jan 20, 2007
 
Michelle Pastor wrote:
<quoted text>They have already nationalized everything in Ecuador.
You are mistaken... As far as I know... Private enterprize is active in ENERGY... TELECOMMUNICATIONS... etc...

I'm hopefull that the Ecuatorian government rescues many 'ventures' from the TRANSNATIONALS for the good of the PEOPLE !
Michelle Pastor

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#30
Jan 20, 2007
 
Telecommunication has never been privatized, The few oil companies who ionvested are being confiscated. Don't make statements that you aren't sure of.

Why is it that transnationals is the US provide millions of jobs, and millions in taxes, and have no problem. In Ecuador, altough they all provide the highest paying jobs they are continously shaken down and harrassed. People need jobs. You and the left want to demonize and harrass those that provide them. I guess when people become so desparatly poor, they do anything, like vote for Correa. Good job.
typical US citizen

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#31
Jan 20, 2007
 
Michelle Pastor wrote:
<quoted text>They have already nationalized everything in Ecuador. The problem is that the government officials are always much more greedy and corrput than any corporate officials. Nothing makes a profit and there are no jobs. The US depends on transnationals and foreign investment for jobs. In Latin America the left has vilified them.
They are sovereign nations and they appear to be taking steps to protect their natural resources.
Michelle Pastor

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#32
Jan 20, 2007
 
Of course they are sovereign nations. Latin America has a long history of politicians who appear to be doing something noble, while conspiring the opposite. In the case of Correa, Chavez, and Morales however it's the point of no return. I'm sad for Ecuador. They are good people who don't deserve a dictator.
Michelle Pastor

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#33
Jan 20, 2007
 
Of course they are sovereign nations. Latin America has a history of politicians appearing to promise noble actions and doing the opposite. They don't have legal recourse like the US and money can buy everything.

The problem is that in the case of Correa, there is no return. Like Chavez, Morales, & Castro they will not go away. They are master story tellers and have enough followers or dependants to enslave their nations. I'm sad for Ecuador, they are good people and don't deserve this.
typical US citizen

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#34
Jan 20, 2007
 
Michelle Pastor wrote:
Of course they are sovereign nations. Latin America has a long history of politicians who appear to be doing something noble, while conspiring the opposite. In the case of Correa, Chavez, and Morales however it's the point of no return. I'm sad for Ecuador. They are good people who don't deserve a dictator.
Bolivia’s water wars are a real reminder of what can happen to smaller countries when US Corporations want what they have. If the world knows that the US Corporations cannot profit from the natural resources of the smaller nations – then just maybe – they will be left alone.
http://www.democracyctr.org/waterwar/
Michelle Pastor

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#35
Jan 20, 2007
 
Don't be ridiculous. Venezuela did the same thing to Eni oil corp.,(ITALIAN). Ecuador is just following suit. Why are companies so evil to you, and socialist governments so liberating? Corporations represent jobs, taxes and investment. They are the best paying jobs in Ecuador. When in history has a socialist government ever been a panacea to its' people?
typical US citizen

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#36
Jan 21, 2007
 
Michelle Pastor wrote:
Don't be ridiculous. Venezuela did the same thing to Eni oil corp.,(ITALIAN). Ecuador is just following suit. Why are companies so evil to you, and socialist governments so liberating? Corporations represent jobs, taxes and investment. They are the best paying jobs in Ecuador. When in history has a socialist government ever been a panacea to its' people?
Why does it concern you that the people in the smaller countries want to nationalize their natural resources?

If they do not want outsiders controlling their water, natural gas or oil, why is that your concern?

If they want to hire Shell, Halliburton or any corporations they still can. However, the control of their nation’s natural resources will belong to the people in their nation -- not the corporations.

How is that a bad thing?
typical US citizen

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#37
Jan 21, 2007
 
Another thing...

Times have changed. Geologist and scientist have said the world will reach Peak Oil in 2010. Others have said the next big battles will be for water.

In light of what the scientists are saying, it is very important that the smaller nations protect their people by preparing for Peak Oil.

In the US, we had only one President that tried to get people to preserve oil and he was ridiculed. Now we have people driving SUVs and traveling up to 50 miles a day just to get to work. We purchase big homes and live as though oil will always be there.

We are currently fighting two wars. One in Iraq, a nation with oil and natural gas reserves and another war in Afghanistan which also has a great supply of natural gas reserves. Many people believe that Iran will be next.

Peak Oil is only three years away – yet the people in the US are making no changes in their lifestyles.

That is why the smaller countries are rushing to protect their natural resources.

Can you honestly blame them?
Michelle Pastor

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#38
Jan 22, 2007
 
My friend, certain countries are trying to make more money from their natural resources and I can't blame them for that.

The problem is who and how. Morales is a known concaine kingpin, he is associated with Chavez who has attained authority to rule by decree (do whatever he wants), Chavez is drunk with power and has the oil money to enforce his power a la Sadddam Hussein.

My concern is the third stooge, Correa who has followed in their foot steps since the beginning. In these countries petro dollars are in the hands of dubious characters. This kind of money in certain countries buys, power, propaganda, silence, protests, and uprisings, anything.

The guys are drunk with greed and power. Ecuadorians are good people and don't deserve this.
typical US citizen

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#39
Jan 22, 2007
 
Michelle Pastor wrote:
My friend, certain countries are trying to make more money from their natural resources and I can't blame them for that.
The problem is who and how. Morales is a known concaine kingpin, he is associated with Chavez who has attained authority to rule by decree (do whatever he wants), Chavez is drunk with power and has the oil money to enforce his power a la Sadddam Hussein.
My concern is the third stooge, Correa who has followed in their foot steps since the beginning. In these countries petro dollars are in the hands of dubious characters. This kind of money in certain countries buys, power, propaganda, silence, protests, and uprisings, anything.
The guys are drunk with greed and power. Ecuadorians are good people and don't deserve this.
That might be true. But they are sovereign nations.
Michelle Pastor

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#40
Jan 22, 2007
 
Yes, they are sovereign nations. But Ecuadorians are good people, and I feel sorry for is to come for them.

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