Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Latin leftists gloating over 'Comrade' Bush's bailout
McClatchy via The Kansas City Star ^ | 2008-10-24 | Tyler Bridges

Posted on 10/24/2008 7:57:52 PM PDT by rabscuttle385

CARACAS, Venezuela — They don't call him President Bush in Venezuela anymore.

Now he's known as "Comrade."

With the Bush administration's Treasury Department resorting to government bailout after government bailout to keep the U.S. economy afloat, leftist governments and their political allies in Latin America are having a field day, gloating one day and taunting Bush the next for adopting the types of interventionist government policies that he's long condemned.

(Excerpt) Read more at kansascity.com ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: bailout; bolivia; bush; financialcrisis; hugochavez; idiot; morales; rino; socialism; socialist; socialists; venezuela

1 posted on 10/24/2008 7:57:53 PM PDT by rabscuttle385
[ Post Reply | Private Reply | View Replies]

To: rabscuttle385
Oil soon to be in the 40’s.

Can you spell bankruptcy?

2 posted on 10/24/2008 7:59:19 PM PDT by 2banana (My common ground with terrorists - they want to die for islam and we want to kill them)
[ Post Reply | Private Reply | To 1 | View Replies]

To: rabscuttle385

Hope Mr Chavez enjoys crude oil on his Wheaties.


3 posted on 10/24/2008 8:01:53 PM PDT by Chaguito
[ Post Reply | Private Reply | To 1 | View Replies]

To: rabscuttle385

remember when u.s. banks were told by the international finance community

and the universities that they should loan money to latin america?

and did?

later in the early 1990s the latin american banks failed to repay the loans

and the american banks were left with the largest losses in banking history.

si.


4 posted on 10/24/2008 8:02:58 PM PDT by ken21 (people die and you never hear from them again.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: 2banana

Sometimes, I wish the US Goobermint WOULD declare bankruptcy.

I am angered that my grandchildren will be pay debts run up by my parent’s generation.


5 posted on 10/24/2008 8:03:26 PM PDT by clee1 (We use 43 muscles to frown, 17 to smile, and 2 to pull a trigger. I'm lazy and I'm tired of smiling.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: 2banana

Can you spell “Saudi oil cut off”. Drill here, drill now.


6 posted on 10/24/2008 8:05:38 PM PDT by doc1019 (Obama IS running against Palin)
[ Post Reply | Private Reply | To 2 | View Replies]

To: rabscuttle385

For all of those who felt that the bailouts weren’t socialist in nature, it appears awfully obvious to those who are admittedly socialist.


7 posted on 10/24/2008 8:07:27 PM PDT by Outland (Liberalism is a mental disorder. Socialism is a deep psychosis. Communism is brain cancer.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: rabscuttle385

Ever wonder...as bad as McCain is...what if he had won in 2000 instead of Bush? You think he might have been marginally better? Outside of the WOT and tax cuts I have found Bush to be a dismal failure.


8 posted on 10/24/2008 8:22:49 PM PDT by BufordP (Had Mexicans flown planes into the World Trade Center, Jorge Bush would have surrendered.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: rabscuttle385
So many, but not all, of these Latin American countries live and die by the price of raw commodities.

When sugar, coffee, oil or beef is ascendant everyone does well and everyone parties.

When the prices fall, then everyone suffers.

There are some diversified economies down there: Chile, Brazil and Mexico come to mind. Still, this has been a recurrent pattern in that part of the world and one that is resistant to change. There's a multitude of reasons and the nature of the ruling oligarchies is a big one.

When the inevitable crash in prices occurs I don't celebrate their comeuppance. Lots of people suffer as a result. The poor suffer the most and Latin America is blessed with many poor people. The rich have to make adjustments, of course, and limit their holidays abroad, sell the family Gulfstream and buy a Citation, etc.

It's a tragedy in the most classic sense.

9 posted on 10/24/2008 8:25:35 PM PDT by billorites (freepo ergo sum)
[ Post Reply | Private Reply | To 1 | View Replies]

To: BufordP
Ever wonder...as bad as McCain is...what if he had won in 2000 instead of Bush? You think he might have been marginally better?

"No one is ever told what would have happened."
—Aslan, to Lucy, in The Voyage of the Dawn Treader

10 posted on 10/24/2008 8:28:02 PM PDT by rabscuttle385
[ Post Reply | Private Reply | To 8 | View Replies]

To: rabscuttle385

Another book I haven’t read.


11 posted on 10/24/2008 8:37:09 PM PDT by BufordP (Had Mexicans flown planes into the World Trade Center, Jorge Bush would have surrendered.)
[ Post Reply | Private Reply | To 10 | View Replies]

To: BufordP
Ever wonder...as bad as McCain is...what if he had won in 2000 instead of Bush? You think he might have been marginally better? Outside of the WOT and tax cuts I have found Bush to be a dismal failure.

If McCain had won in 2000?

Goodness, he would have been so much better! Just as strong on the WOT (actually stronger, considering that McCain's experience in Viet Nam would have had him put generals in charge of the Iraq war from the VERY BEGINNING instead of the civilian experiments Bush did ...McCain would have had someone like General Petraeus in charge early on, and never heard bumbling idiots like Paul Bremer ever set foot in that land), the same on taxes, and better on everything else.

Bush is a disaster ...were it not for the WOT and taxes he would be a total disaster. McCain would have been infinitely better than Bush.

12 posted on 10/24/2008 9:25:57 PM PDT by spetznaz (Nuclear-tipped Ballistic Missiles: The Ultimate Phallic Symbol)
[ Post Reply | Private Reply | To 8 | View Replies]

To: spetznaz

never heard = never had


13 posted on 10/24/2008 9:26:48 PM PDT by spetznaz (Nuclear-tipped Ballistic Missiles: The Ultimate Phallic Symbol)
[ Post Reply | Private Reply | To 12 | View Replies]

To: BufordP

It’s one of the seven books in C.S. Lewis’ Narnia series. Although geared towards teenagers and young adults, it’s still a good read at any age.


14 posted on 10/24/2008 9:54:45 PM PDT by rabscuttle385
[ Post Reply | Private Reply | To 11 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson