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Wednesday, June 15, 2005

Bolivians demand confiscation 

Thousands of Indians, labor activists and peasant farmers marched peacefully Tuesday in renewed pressure for early elections and demands Bolivia nationalize its oil industry as Congress reconvened for the first time since widespread violent protests forced a presidential upheaval last week...

"The oil is ours!" and "early elections!" they chanted as secretaries and office workers scurried out of the path of the marchers while firecrackers exploded overhead. It was the first major protest rally since a grave political crisis ended last week and culminated on a plaza that was the scene of last week's clashes.

Why do people think that oil and gas buried deeply under land they do not own belongs to them after others extract it? Because they reside in the same country as that oil and gas? Could these people have possibly extracted it on their own, without the benefit of invested capital and innovation far beyond their means?

The poor of South America have not had it easy over the years, but they will not get richer by confiscating the wealth of others. They will only deter the creation of more wealth.

Chavez blames Bush for Bolivian mess Meanwhile, Venezuela's Castro-wannabe of a president Hugo Chavez blamed George Bush for Bolivia's crisis. Huh? George W. Bush is responsible for three centuries of pathological civil society in South America?

1 Comments:

By Anonymous Anonymous, at Wed Jun 15, 08:32:00 AM:

George Bush is responsible for all the evil in the world, you silly. See Dr. Sanity's chart (scroll down):

Beautiful Indifference

Sissy
sisu  

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