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bvar22

(39,909 posts)
1. There is a Media Blackout on Good News from the Latin American countries....
Tue May 15, 2012, 01:48 PM
May 2012

...that have told the World Bank and the IMF to "Get Lost".
This isn't the kind of success story that the Media and the 1% want us to know about.

The Verboten Story of Argentina’s Post-Default Economic Success

"Even notice nothing is ever said in the mainstream media about Argentina’s economy, save that it had a big default? You’d never know the following about Argentina:

From 2002 onward, Argentina grown nearly twice as fast as Brazil, and has sported one of the highest growth rates in the world.

Its success is not dependent on a commodities boom

It has increased social spending from 10.3% of GDP to 14.2% of GDP

Inequality has fallen. Poverty and extreme poverty have fallen by roughly 2/3

What is particularly striking is how quickly Argentina’s economy rebounded after its default."

http://www.nakedcapitalism.com/2011/10/the-verboten-story-of-argentinas-economic-success.html



IIRC, things were pretty rough for a few years,
but many of these Latin Americans Countries were successful at wresting their countries from the hands of the 1%.
[font size=3]"The worst enemy of humanity is U.S. capitalism. That is what provokes uprisings like our own, a rebellion against a system, against a Neoliberal model, which is the representation of a savage capitalism. If the entire world doesn't acknowledge this reality, that nation states are not providing even minimally for health, education and nourishment, then each day the most fundamental human rights are being violated."[/font]
----Bolivian Reform President Evo Morales

[font size=1]Psst.FDR said much the same thing in 1944 with his Economic Bill of Rights,
but THAT was the OLD Democratic Party.[/font]

VIVA Democracy!
I pray we get some here soon!


You will know them by their WORKS,
not by their excuses.
[font size=5 color=green]Solidarity99![/font][font size=2 color=green]
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