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Ecuador, Venezuela: Danger South of the Borde (tags)

"The reason there is a bizarre attempt to pretend that this coup attempt never happened, is to hope that people won’t ask who might have benefited from such an action. A quick examination of the actions of President Correa sheds considerable light on that. In 2006, working with President Hugo Chávez of Venezuela, Correa moved to increase state control over oil production in the country.[9] In 2008, he announced that Ecuador would not pay several billions of its more than $10 billion foreign debt, calling it “illegitimate.”[10] In 2009, he refused to renew the lease of the U.S. military airbase in Manta, saying that “the only way the US could keep their military base in Ecuador, is if Ecuador were allowed to have one of its own in Florida.”[11] In 2009, he officially brought Ecuador into ALBA – the Bolivarian Alliance for the Americas led by Venezuela, Cuba and Bolivia. When a country increases state control, challenges illegitimate foreign debt, pushes the U.S. military out of the country and joins a regional alliance with Venezuela, Bolivia and Cuba – it is clear that the forces that would benefit from a coup would be: a) corporate interests inside Ecuador; b) International Financial Institutions; and c) the United States and its allies. There is another reason why the right-wing, corporate elite and the imperialist countries might have an incentive to minimize what happened September 30. There is now a shamefully long list of recent coup attempts in Latin America and the Caribbean – four of them against members of ALBA."

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