Chavez asks regon referendum on debt to imperialists

Fred Feldman ffeldman at
Mon Aug 18 13:03:47 MDT 2003


Posted: Sunday, August 17, 2003
By: Patrick J. O'Donoghue

On eve of Argentine visit, Chavez Frias calls for regional referendum
foreign external debt

During a short visit to attend the swearing-in of the new Paraguayan
President Nicanor Duarte Frutos, Venezuelan President Hugo Chavez
promoted his Latin American alternative to the USA's Free Trade for
Americas Agreement (FTAA) called the Bolivarian Alternative for the
(ALBA), hitting out against the International Monetary Fund's (IMF)
disastrous effect on regional development.

"Latin American governments must exorcise the devil of neoliberalism
savage capitalism, which has produced wealth for the minority and
for the majority."

The Venezuelan President is expected to touch a raw note during a
visit to Argentina which was itself economically whip-lashed last year
neo-liberal policies.

Reflecting on Venezuela's internal situation, Chavez Frias says he
a regional referendum on the external debt asking a simple question:
we pay the external debt or invest the money in health and education.

The FTAA, the president insists, is not the way forward for the region
because it means more hunger.
Chavez Frias will spend five days in Argentina and unofficial reports
indicate that he will offer President Nestor Kirchner an oil deal
opening a
chain of Petroleos de Venezuela (PDVSA) gasoline stations in Argentina
exchange for meat and wheat imports.

President Chavez Frias is expected to open Bolivarian classes
sponsored by
the famous human rights group Grandmothers of the Plaza de Mayo.

Meanwhile, the Konrad Adenauer has placed Venezuela and Paraguay in
the last
two places in its table of most democratic Latin American nations at
2.6 and
2.22 points out of ten.

More information about the Marxism mailing list