SOUTH/CENTRAL AMERICA | WHAT REALLY HAPPENED

SOUTH/CENTRAL AMERICA

Jun 06 07:58

8 Lessons That We Can Learn From The Epic Economic Meltdown In Venezuela

We are watching an entire nation collapse right in front of our eyes. As you read this article, there are severe shortages of just about anything you can imagine in Venezuela. That includes food, toilet paper, medicine, electricity and even Coca-Cola. All over the country, people are standing in extremely long lines for hours on end just hoping that they will be able to purchase some provisions for their hungry families. At times when there hasn’t been anything for the people that have waited in those long lines, full-blown riots have broken out. All of this is happening even though Venezuela has not been hit by a war, a major natural disaster, a terror attack, an EMP burst or any other type of significant “black swan” event. When debt spirals out of control, currency manipulation goes too far and government interference reaches ridiculous extremes, this is what can happen to an economy. The following are 8 lessons that we can learn from the epic economic meltdown in Venezuela…

Jun 04 14:57

Taxpayers wasted billions of dollars on a war on cocaine that didn’t work, economists say

American taxpayers got a dismal return on their $4.3 billion investment in the Colombian drug war between 2000 and 2o08, according to a new analysis by economists at MIT and Colombia's Universidad de los Andes. In the paper, which will be published in the June issue of the Journal of Economic Behavior and Organization, Daniel Mejia and Pascual Restrepo analyzed the cost to U.S. taxpayers of the two big U.S.-funded anti-cocaine efforts in Colombia: eradication of coca plants via the aerial spraying of herbicides, and interdiction efforts to block cocaine transit routes and seize shipments of cocaine. These efforts took place under the umbrella of Plan Colombia, a decade-long U.S.-backed initiative to fight the drug trade and organized crime in Colombia.

Jun 03 08:02

WALL STREET BEHIND BRAZIL COUP D’ETAT

Brazil’s currency system under the Real is heavily dollarised. Internal debt operations are conducive to a rising external debt. Wall Street is intent upon maintaining Brazil in a monetary straightjacket.

Since the government of Fernando Henrique Cardoso, Wall Street has exerted control over key economic appointments including the Ministry of Finance, the Bank of Brazil and the Central Bank. Under the governments of Fernando Henrique Cardoso and Luis Ignacio da Silva (Lula), the appointment of the governor of the Central Bank was approved by Wall Street.

Jun 03 07:30

Brazil Revolts as Temer Forces Austerity, US Dependency After Coup Exposed

Michel Temer’s interim government has moved rapidly to reverse 13 years of social programs advanced by the democratically elected Workers Party, despite increased turmoil in his beleaguered administration.

Jun 02 16:58

INFLATION INSANITY: Eggs Now $150 a Dozen in Venezuela as Prices for Basic Food Continue to Skyrocket

Can you imagine lining up around the block overnight just to be able to shop in a government-run, government-restricted grocery store where you have to be fingerprinted to enter and then your food is allotted to you so that you can only buy a limited amount of a certain item each month?

As the sharp drop in oil prices continues to destroy Venezuela’s economy, the IMF, who owns large portions of the developing world, is now predicting inflation will skyrocket to 720% in Venezuela this year.

Food prices are hitting astronomical rates. Pretty soon, it’s looking like hardly anyone will be able to afford to eat.

(read more)

Jun 02 08:55

Zika Fraud Update, Rio Olympics, The Op Against Brazil

By Jon Rappoport

For new readers, see my previous articles about the scientific fraud that is Zika. In a nutshell, there is no convincing evidence the Zika virus causes the birth defect called microcephaly.

There are only news headlines. The latest of these refer to two new studies “clinching” the Zika-microcephaly connection. However, the studies are nothing more than propaganda...

Brazil, as everyone knows, has been made the target of the hysteria surrounding Zika. And the Rio Olympics are coming up shortly...

Jun 02 08:51

Is There an Economic and Political War Against Venezuela?

Floating exchange rate and rising oil prices will go a long way to stabilize the Venezuelan economy, but other economic reforms are also necessary, says CEPR economist Mark Weisbrot

Jun 02 08:34

Caracas Warns of Military Intervention Into Venezuela Amid Clash With OAS

Venezuela’s government has warned of a danger of a military intervention into the country and has slammed the Organization of American States (OAS) for its decision to hold an emergency meeting on Venezuela.

Jun 01 16:46

Coming Destruction? Alan Greenspan Warns “Venezuela Under Martial Law and America Is Next”

Though most Americans are accustomed to having shelves full of food and goods, and enough money to keep going, this sense of security is quite false.

Even Alan Greenspan is warning why Venezuela today means "America is Next"

Read more at SHTFplan.com

Jun 01 15:24

Statecraft: A Timeline of CIA Atrocities

The following timeline describes just a few of the hundreds of atrocities and crimes committed by the CIA. (1) CIA operations follow the same recurring script. First, American business interests abroad are threatened by a popular or democratically elected leader. The people support their leader because he intends to conduct land reform, strengthen unions, redistribute wealth, nationalize foreign-owned industry, and regulate business to protect workers, consumers and the environment. So, on behalf of American business, and often with their help, the CIA mobilizes the opposition.

Jun 01 07:03

The Big Mac Peso-Dollar Blues in Mexico

Although Mexico’s economy has grown at a steady rate during the lion’s share of this fledgling century, Mexican workers’ real salaries have barely shifted. In fact, over the last four decades, Mexicans’ purchasing power has not just stagnated, as has happened in many Western nations, in terms of minimum wage, it has shrunk by 78%. In 1976, a family on minimum wage could buy four times as much as today.

So bad have things become that when CNN’s Spanish edition did a study comparing the minimum statutory wage of over a dozen Latin American countries set against each country’s performance on the Big Mac index, with the US Dollar as the benchmark currency, Mexico came in 13th out of 13, behind a host of much smaller, weaker economies.

May 31 11:36

WILL WE NEVER LEARN? THE ECONOMIC LESSONS FROM VENEZUELA’S CURRENT COLLAPSE

SHOPS ARE BEING LOOTED AS VENEZUELA’S CITIZENS, WHO LIVE ON TOP OF THE WORLD’S LARGEST OIL RESERVES, ARE LITERALLY STARVING AND DYING FOR LACK OF FOOD AND MEDICINE; ALL WHILE THE COUNTRY’S GOLD RESERVES ARE BEING SOLD TO FINANCE ITS DEBT. WITH 1.8 MILLION SIGNATURES ON A PETITION FOR A REFERENDUM ON NICOLAS MADURO’S PRESIDENCY, THE COUNTRY IS THREATENING TO BECOME A FAILED STATE.

Venezuela is in crisis…

The 50th anniversary of China’s Cultural Revolution is a reminder of what can happen when all orthodoxy is tossed out the window. Venezuela’s current catastrophe is another: A country that should be rich is suffering the world’s deepest recession, highest inflation, and worst deterioration of social indicators. Its citizens, who live on top of the world’s largest oil reserves, are literally starving and dying for lack of food and medicine.

Webmaster's Commentary: 

Yes, the Maduro government did miss the mark on their economic policies. However, there is one issue on which this article is notably silent, and that is the following, as reported last spring at the washingtonpost.com in March of last year:

Lost amid the Iran kerfuffle this week was a curious decision by the Obama administration to declare Venezuela an “extraordinary threat to the national security” of the United States, in order to levy sanctions against individual Venezuelan leaders. he general consensus is that the sanctions strengthen rather than weaken Venezuelan president Nicolás Maduro’s political position. From the New York Times’ William Neumann: Suddenly, the United States is being cast again in the familiar role of the hemispheric bully trying to push around its smaller neighbors. And Mr. Maduro has taken on the mantle of victim, stirring up patriotic support at home, setting the opposition on the defensive and declaring that “we will never kneel before this arrogant empire that attacks and threatens” his country. “The optics of this are really just awful,” said David A. Smilde, a sociology professor at Tulane University who lives part time in Venezuela. “It was a strategic mistake. I think the Maduro government is going to get a lot of play out of this.” So this begs the question: why take a step that gives an authoritarian zombie regime a new lease on life? Obama, it turns out, needs his own diversion right now. Or he will very soon if – and it looks increasingly likely – his administration decides in the coming weeks to remove Cuba from the State Department’s list of international terrorism sponsors.

That move is all but necessary for normalizing relations with the communist island. But it won’t sit well with U.S. conservatives, especially the Cuban-American congressional caucus, who will call the terrorism-list concession more proof that Obama is a foreign policy weakling who likes getting sand kicked in his face by the Castro regime.

Which is why Obama needs to flex his own beach brawn – and he’s betting that playing hardball with Venezuela will blunt the impending Beltway condemnation on Cuba.

So what President Obama did was to sanction Venezuela...in order to get a political buyoff on normalizing relations with Cuba.

Fast forward to this summer, and you have an absolutely miserable mess in Venezuela. And although the US sanctions against it were not the only culprits in creating this condition, they certainly have not helped.

How or when Maduro will decide - or be forced - to step down is, apparently, only a matter of time. It will depend on both the attitude of military toward Maduro, and what kind of conversations the Maduro government has - and will have - with the opposition leaders.

And you can bet your sweet bippy that many of those in DC are anxiously awaiting for a more "US-Centric government" to come to power when Maduro leaves.

May 30 09:36

There Has Been A Coup In Brazil — Paul Craig Roberts

In Brazil the country’s largest newspaper has published a transcript of a secret recording leaked to the newspaper. The words recorded are the plot by the rich Brazilian elite, involving both the US-corrupted Brazilian military and Supreme Court, to remove the democratically elected president of Brazil under false charges in order to stop the investigations of the corrupt elites who inhabit Brazil’s senate and bring to an end Brazil’s membership in BRICS. The Russian-Chinese attempt to organize an economic bloc independent of Washington has now lost 20% of its membership.

Democracy has been overthrown in Brazil as in Ukraine, Honduras—indeed, everywhere the dirty evil hand of Washington falls, including the US itself.

May 29 08:13

Britain’s Secret Drug-Running Operations in Colombia

Since the 1980s, when Britain’s Special Air Service (SAS) and Special Boat Service started operating in Colombia, special forces on all sides have been killing rival drug gangs and even counter-narcotics police units. This amounts to a proxy drug-smuggling network, which Britain has aided for decades. Cocaine is a huge industry, worth some $60 billion per annum. Coke is mainly a middle-class drug, used by politicians, models, film stars, and people in music, media, and other industries. More importantly, coke and other drug monies are untraceable and can be used for military black ops. A great deal is known about the US Central Intelligence Agency’s s role in drug running. Alfred McCoy’s The Politics of Heroin , Gary Webb’s Dark Alliance, and Douglas Valentine’s The Strength of the Wolf are vital exposés. Much less is known about MI6’s role.

May 28 14:33

Operation Condor: Argentina's last military dictator jailed for role in international death squad

Argentina’s last military dictator, 88-year-old former general Reynaldo Bignone, was today sentenced to 20 years in prison for his role in Operation Condor, under which an international death squad was set up by six South American military dictatorships during the 1970s and 80s. The plan allowed death squads from Argentina, Bolivia, Brazil, Chile, Paraguay and Uruguay to cross into one another’s territory to kidnap, torture and kill political opponents who had fled across the border.

May 28 09:49

Venezuela Drifts Into New Territory: Hunger, Blackouts and Government Shutdown

The courts? Closed most days. The bureau to start a business? Same thing. The public defender’s office? That’s been converted into a food bank for government employees.

Step by step, Venezuela has been shutting down.

This country has long been accustomed to painful shortages, even of basic foods. But Venezuela keeps drifting further into uncharted territory.

In recent weeks, the government has taken what may be one of the most desperate measures ever by a country to save electricity: A shutdown of many of its offices for all but two half-days each week.

But that is only the start of the country’s woes. Electricity and water are being rationed, and huge areas of the country have spent months with little of either.

Many people cannot make international calls from their phones because of a dispute between the government and phone companies over currency regulations and rates.

Webmaster's Commentary: 

I cannot see how this can ultimately end well, or that Maduro will be able to remain in power that much longer.

But I do hope that the government which replaces that of Maduro will be able to meet the needs of the suffering Venezuelan people, and as quickly as humanly possible.

May 27 08:05

GRAPHIC VIDEO SHOWS VENEZUELANS LOOTING, EATING GARBAGE

May 27 08:02

ALAN GREENSPAN: VENEZUELA DECLARES MARTIAL LAW, AMERICA IS NEXT

Alan Greenspan issued a dire warning about the U.S. economy during an interview with Fox News on Thursday. Greenspan said that as Venezuela descends into martial law, the U.S. is heading in the same direction.

Greenspan warned that the U.S. has “a global problem of a shortage of productivity growth” which is leading it into an impending disaster.

Foxbusiness.com reports:

“What the Fed does at this particular stage is less important than what the markets are doing. And what the markets are beginning to show us is acceleration in money supply for the first time in a very long time… We have a global problem of a shortage in productivity growth and it’s not only the United States but it’s pretty much around the world and it’s being caused by the fact that the populations everywhere in the Western world, for example, are aging and we are not committing enough of our resources to fund that,” he said.

Webmaster's Commentary: 

Long term economic growth cannot happen if decent jobs keep getting off-shored/outsourced; that is one aspect of the problem about which Greenspan is noticeably reluctant to speak.

If the guarantee of decent jobs after college doesn't pan out, women in long term relationships postpone, or avoid pregnancies completely; it is just that simple.

And I, for one, do not blame them; however, Greenspan seems to be waiving his finger at them, as though they were the problem, which they are not.

Rational people don't want to bring kids into this world unless they have some hope of adequately and decently taking care of them, because jobs are there with which to feed, clothe, and educate them.

May 26 17:06

Peru Declares State of Emergency Over Toxic Mercury Released by Illegal Gold Mining

By James Holbrooks

Due to mercury contamination caused by illegal gold mining, the government of Peru on Monday declared an environmental emergency in nearly a dozen districts within the Amazon rainforest, saying up to 50,000 people could be exposed to dangerous levels of the toxic element mercury.

Peru is the biggest gold producer in Latin America, and the high price of the precious metal has led to rampant “wildcat” gold mining in the country...

May 26 10:25

surviving the collapse

Interview with Ferfal Aguirre that survived Argentina's slo-mo collapse in 2001

Corruption, private and public sector robbery, and governments preventing recovery via endless tampering

May 26 06:46

DESPERATE VENEZUELA BEGINS TO SELL ITS GOLD RESERVES

Venezuela’s gold reserves have plunged to their lowest level on record after it sold $1.7 billion of the precious metal in the first quarter of the year to repay debts, reports FT. The country’s gold reserves have dropped almost a third over the past year and it sold over 40 tons in February and March, according to IMF data.

May 26 06:45

STATE OF EMERGENCY IN PERU OVER MERCURY POISONING FROM ILLEGAL GOLD MINING

Peruvian President Ollanta Humala has declared a 60-day state of emergency in a large remote area of the Amazon jungle as levels of mercury from illegal gold mining have reached record high levels. According to country's environment minister, as many as 50,000 people or 41% of the population of the gold-rich Madre de Dios region, bordering Brazil, has been exposed to mercury contamination.

May 24 08:49

Leaked Tapes Expose Coup Plot Against Brazil’s Dilma Rousseff

On Monday, Brazilian newspaper Folha de Sao Paulo revealed a recording of a conversation between the country’s planning minister Romero Juca and Sergio Machado, former CEO of state-owned oil company Petrobras subsidiary Transperto, calling for a carefully orchestrated and arguably-legal coup against Brazilian President Dilma Rousseff.

May 21 09:14

Leaked Memos Suggest U.S. Would Torpedo Peace Plan if Colombia Challenges Big Pharma Monopoly

By Justin Gardner

In a display of just how far the U.S. government is willing to go in protecting Big Pharma, it was revealed that a Senate staffer hinted that peace deals in Colombia could be threatened if the country challenges a patent on an expensive cancer drug.

The controversy centers around a leukemia drug called Gleevec, made by Swiss-based Novartis. Prices have increased 10 percent or more every year, causing heavy strain on health care systems in middle-income countries such as Colombia...

May 19 19:14

Monsanto Threatens Argentina Over Recent Food Inspection Decision

By Brandon Turbeville

In yet one more example of how Monsanto will stop at nothing to achieve total domination of the food supply, the major agricultural corporation is now attempting to use its toxic product as leverage against the Argentinian government.

After a dispute between Monsanto and Argentina regarding the inspection of genetically modified soybeans, Monsanto has now announced that it intends to suspend future soybean technologies in Argentina...

May 19 12:10

THE CLINTON-COLOMBIA CONNECTION

In 2008, presidential candidate Hillary Clinton decried repression of labor unions in Colombia One June 29, 2009, one day after Honduran military leaders ousted their country’s democratically elected president, President Obama publicly branded the coup illegal and denounced it as “a terrible precedent.” Yet even as he spoke, Secretary of State Hillary Clinton was ensuring that U.S. aid continued and that major capitals would recognize the new regime. Human rights activists have long decried her for abandoning democratic rights and values in Honduras. But many have overlooked her cozy embrace of the morally compromised Latin American leader who happened to be sharing the White House podium when Obama made his remarks: Colombian President Álvaro Uribe.

May 19 08:17

In Bed With the Enemy: Foreign Leaders CIA Helped Bring to Power

Brazil has been rocked by massive political turmoil on a scale unseen in decades, with many calling Dilma Rousseff's removal from power a coup that can be traced back to Washington. This would make it the latest victim of the Central Intelligence Agency, which has been in the business of regime change since the 50's; here are two early examples.

May 19 07:06

WE WANT FOOD!': VENEZUELA CRISIS DEEPENS

It was around noon when a food truck rolled up to a Venezuelan state-subsidized supermarket in the town of Guarenas just east of the capital. But, to the fury of the long line of people waiting out front, the cargo wasn't unloaded. Instead soldiers took it away. "We want food!" the crowd roared in protest, to no avail. Some tried to run after the truck. Under the state of emergency imposed by President Nicolas Maduro, the military, along with government-organized civilian committees, ensures that food packets are delivered door-to-door in order to -- as officials say -- cut out black market operators.

May 18 18:42

Monsanto Is Halting New Soybean Technologies in Argentina

Monsanto said on Tuesday it would suspend future soybean technologies in Argentina, a move that could limit output of the country’s main cash crop, after a disagreement with the government over inspections of genetically modified soybeans.

The dispute blew up after Monsanto asked Argentine exporters to inspect soybean shipments to ensure growers had paid royalties for using the company’s products. The Argentine government told the world’s largest seed company that such inspections must first be approved by the government.

The U.S. company issued a statement saying it was “disappointed” that talks with the Argentine government had not yielded an agreement on the inspection issue.

May 18 10:07

"Chavez was murdered because he wanted to terminate the domination of dollars"

"The disease that led to the death of Venezuelan President Hugo Chavez, was caused by how he would not be allowed to interrupt the dominance of the dollar and the change in the international currency system," said Vice President of Venezuela Aristobulo Isturis, agencies report.

- Hugo Chavez has become the main target, the enemy number one of major financial centers, so they killed him. We all know that, but we can not prove. Chavez had planned to overthrow one of the strongest eyes for dominance of the people, the international currency system and the precedence of dollars - hard Isturis, agencies.

Lacking evidence for his theory, Isturis said that a number of politicians who at the moment are at the forefront of countries in the region at that time also had symptoms of oncological diseases.

May 16 10:52

No CIA Regime Change in Venezuela

May 16 10:19

"We're Going To Do It, F**k It" - Venezuela's Maduro Orders Military Exercises For Next Weekend

Over the past several days, things in Venezuela have not only taken a palpable turn for the worse, but now seem to be moving at an accelerating pace toward the inevitable endgame for the Maduro regime and whatever happens next.

As we reported on Friday night, following dramatic scenes of violence in the streets, things escalated when some 5,000 starving locals looted a supermarket looking for food, leaving countless injured. The result was an immediate, if long overdue acknowledgement by US officials that "a crisis is coming" who added that Maduro "was not likely to be able to complete his term, which is due to end after elections in late 2018" implying that a coup is likely imminent.

Webmaster's Commentary: 

The US has been trying to impose puppet rule over Venezuela since Chavez was in power.

May 16 09:48

Israeli-born Economist Eyed as Brazil’s Central Bank Governor

Ilan Goldfajn set to accept position amid scandal of President Dilma Rousseff's suspension and impending impeachment trial.

Webmaster's Commentary: 

If you had any doubts that Brazil was another US-backed coup for economic reasons, this should end them.

May 16 09:40

Latin American leaders refuse to recognize Temer’s government

Several Latin American countries have refused to recognize Brazil's new interim government as people take to streets of Sao Paulo to demonstrate against President Dilma Rousseff’s impeachment.

Webmaster's Commentary: 

And another US-backed coup descends into utter chaos!

May 16 08:52

"Seven Dead Babies a Day": Economic Collapse Has Turned Venezuelan Hospitals into the Worst Horror Film You Can Imagine

Here's how well socialism works.

Because there's no money for supplies like clean linens, soap, toilet paper, medical supplies like disposable gloves or even basics like a clean sheet of paper, let alone medicines such as intravenous solutions and antibiotics, and because the country is suffering rolling blackouts and money-saving government-imposed "holidays" that only leave people with two days of reliable electricity a week, the ill and wounded including newborn babies are dying left and right in Venezuela's crippled hospitals.

Here are just a few of the horrifying highlights.

(read more)

May 16 08:39

Former Argentine president faces 20 years behind bars as she is indicted for 'defrauding her country out of $5BILLION'

Former Argentine President Cristina Fernandez de Kirchner was indicted on Friday for defrauding the state out of an alleged $5.2billion.

Federal judge Claudio Bonadio said a scheme to inflate the Argentine peso by selling the central bank's US dollars below market value would not have been possible without Fernandez's approval.

May 15 08:15

U.S. intelligence officials fear Venezuelan coup, government crackdown

U.S. intelligence officials said Friday they are concerned Venezuela is slipping into a crisis that could lead to a coup attempt or a government crackdown on dissent.

Webmaster's Commentary: 

That is what the US government wants; to finally replace Venezuela's elected government with a US puppet.

May 14 10:56

Scenes From The Venezuela Apocalypse: "Countless Wounded" After 5,000 Loot Supermarket Looking For Food

Over the last several years we have documented with clockwork regularity Venezuela's collapse into failed state status, which was cemented several weeks ago when news hit that "Venezuela had officially run out of money to print new money." At that point the best one could do was merely to step back and watch as local society and civilization turned on itself, unleashing what would ultimately turn into Venezuela's own, sad apocalypse.

As we wrote then these are simply hungry Venezuelans protesting that their children are dying from lack of food and medicine and that they do not have enough water or electricity. As AgainstCronyCapitalism added, this is a country with more oil than Saudi Arabia, and the government has stolen all the money and now they bottleneck peaceful protesters and threaten them with bombs (or haul them to prison and torture them).

Webmaster's Commentary: 

Unfortunately, economic mismanagement, coupled with US sanctions, and a strong appetite to bring down what had been a reasonably functional socialist country in South America, which committed the unforgivable sin of selling its oil in other currencies than the US dollars, are all converging on Venezuela simultaneously.

Watch, in the not to distant future, for the Maduro government to fall, and be replaced by a more US-Centric, right-wing government, which, at the end of the day, will bring no more help or comfort to its people than did the present government.

May 14 09:59

Venezuela’s Maduro Declares Emergency, Cites U.S., Domestic ‘Threats’ To His Rule

Venezuelan President Nicolas Maduro declared a 60-day state of emergency on Friday due to what he called plots from within the OPEC country and the United States to topple his leftist government.

Maduro did not provide details of the measure. A previous state of emergency, implemented in states near the Colombian border last year, suspended constitutional guarantees in those areas, except for guarantees relating to human rights.

Earlier on Friday, U.S. intelligence officials told reporters they were increasingly worried about the potential for an economic and political meltdown in Venezuela and predicted Maduro was not likely to complete his term.

Venezuela’s opposition is seeking to recall the unpopular leader, 53, amid a worsening crisis that includes food and medicine shortages, frequent power cuts, sporadic looting and galloping inflation.

Webmaster's Commentary: 

Maduro is correct in his assessment.

And, as reported in presstv.com in March of this year (with scant to zero coverage here in the US):

US President Barack Obama has renewed an executive order that declares Venezuela a threat to the US, extending sanctions against the South American country for one more year. In renewing the measure, Obama said on Thursday that the situation in Venezuela constituted an "unusual and extraordinary threat to the national security and foreign policy of the United States" and that he was declaring a "national emergency" to counter that threat. The Obama administration first issued the executive order against Venezuela in March of last year, which provoked a storm of controversy inside the country and a backlash throughout Latin America. Following last year’s decree, Obama ordered sanctions against seven Venezuelan officials, whose economy has been battered by the steep drop in global oil prices. Venezuela has condemned the measure as a sign of Washington’s perpetual hostility towards the Latin American nation. The National Emergencies Act is a tool American presidents possess that allows them to impose sanctions on a country under certain circumstances that go beyond what Congress has approved. The executive order also authorizes the US Treasury Department to impose additional sanctions on those found to have committed either "actions or policies that undermine democratic processes or institutions" or rights violations against persons involved in anti-government protests, the White House said. US presidents have declared about 53 states of emergency since Congress passed the National Emergencies Act in 1976. The state of emergency forms the basis for most US sanctions against Iran. The declaration would expire if the president expressly terminated the emergency or did not renew the emergency annually.

One has to ask, why this overblown rhetoric, characterising Venezuela as a "threat" to the US?!?

Very simply, because, before the huge plunge in oil prices, Venezuela had been a socialist country in South America which had actually been functioning successfully; American corporations could not bear to see this happen much longer.

They are also selling their oil in currencies other than the US dollar.

But now, with its society heading into chaos and self-destruction due to the horrific poverty the lack of oil revenue here has caused, Obama smells blood in the water.

Watch for some rightist "people's movement" to at least attempt remove Maduro in favor of some more "US-Centric" leadership.

The big question now is, how will Venezuela's military respond to both the chaos and economic misery which has become the new normal here, and how much they believe that Maduro has caused it... or not.

May 14 09:54

Former Argentine president faces 20 years behind bars as she is indicted for 'defrauding her country out of $5BILLION'

Former Argentine President Cristina Fernandez de Kirchner was indicted on Friday for defrauding the state out of an alleged $5.2billion.

Federal judge Claudio Bonadio said a scheme to inflate the Argentine peso by selling the central bank's US dollars below market value would not have been possible without Fernandez's approval.

Bonadio is investigating whether the move, enacted in the last few months of her second term, was a deliberate attempt to sabotage her successor, the Argentina Independent reported.

May 14 08:32

Scenes From The Venezuela Apocalypse: "Countless Wounded" After 5,000 Loot Supermarket Looking For Food

Over the last several years we have documented with clockwork regularity Venezuela's collapse into failed state status, which was cemented several weeks ago when news hit that "Venezuela had officially run out of money to print new money." At that point the best one could do was merely to step back and watch as local society and civilization turned on itself, unleashing what would ultimately turn into Venezuela's own, sad apocalypse.

Webmaster's Commentary: 

May 13 15:37

WikiLeaks Exposes Newly “Selected” Brazilian President as Puppet for US Intelligence

By Jay Syrmopoulos

The transparency organization WikiLeaks has exposed acting President Michel Temer, who ascended to the Brazilian presidency after a soft coup deposed President Rousseff, as having been an intelligence informant for the United States.

Temer, who has served as Brazil’s vice president since 2011, took power Thursday after Brazil’s parliament suspended Rousseff pending the results of impeachment proceedings.

The cables — marked “sensitive but unclassified” — contained summaries of conversations Temer, a Brazilian federal lawmaker at the time, had with the U.S. intelligence officials...

May 13 15:31

Dilma out: Brazilian plutocracy sets 54mn votes on fire

Never in modern political history has it been so easy to “abolish the people” and simply erase 54 million votes cast in a free and fair presidential election.
Forget about hanging chads, as in Florida 2000. This is a day that will live in infamy all across the Global South – when what was one of its most dynamic democracies veered into a plutocratic regime, under a flimsy parliamentary/judicial veneer, with legal and constitutional guarantees now at the mercy of lowly comprador elites.

After the proverbial marathon, the Brazilian Senate voted 55-22 to put President Dilma Rousseff on trial for “crimes of responsibility” – related to alleged window dressing of the government’s budget.

May 13 13:00

Brazil’s President Rousseff Suspended for Impeachment Trial

With a vote of 55 for and 22 against, senators decided to suspend Rousseff from her post for up to 180 days while they conduct an impeachment trial.

With the Senate decision, Vice-President Michel Temer will assume the Presidency. Rousseff exonerated most of her cabinet members so that Temer would not have to fire them. One of the only officials to remain is Central Bank President, Alexandre Tombini.

Minutes after the end of the voting session, Rousseff wrote on one of her social media accounts. “Unable to point out the crime committed, the Senate decided to suspend President Dilma (Roussef) and proceed with the impeachment.”

“Attorney General José Eduardo Cardozo, stressed that a historical injustice is being committed, where procedures such as the right to defense, are used to provide legitimacy to a process which is ripping up the Constitution” the post said. Rousseff is expected to release a taped statement later on today to the Brazilian people.

The government’s Senate leader, Humberto Costa told reporters that the PT (Workers’ Party) will continue to fight against the impeachment of President Rousseff ‘in Congress, in court and on the streets’.

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