Honduras' new gov't finds nation 'bankrupt' after coup

[Judi Lynn]

Honduras' new gov't finds nation 'bankrupt' after coup
The Associated Press
Date: Thursday Jan. 28, 2010 10:35 PM ET

TEGUCIGALPA, Honduras — Honduras' new administration began its term Thursday saying the nation is bankrupt and will likely need international financial assistance to recover from months of diplomatic isolation over its June coup.

The first day of the new government also was marked by early morning police raids that resulted in 41 people being detained and several weapons seized in the capital.

Newly inaugurated President Porfirio Lobo swore in his Cabinet, including Finance Minister William Chong, who said the administration of interim president Roberto Micheletti left office with only about $50 million in government coffers.

Chong said the already impoverished country was bankrupt following months of isolation and cutoffs of international aid prompted by the coup that ousted President Manuel Zelaya in a political fight over changing the constitution. Zelaya gave up his refuge in the Brazilian Embassy and left Honduras on Wednesday, the final day of the term he was elected to.

More:
http://www.ctv.ca/servlet/ArticleNews/story/CTVNews/20100128/honduras_bankrupt_100128/20100128?hub=World

[Peace Patriot]

1. "early morning police raids...41 people detained...several weapons seized in the capital"??

From the article:

"In Tegucigalpa, the capital, police carried out 23 searches that led to the detentions and the capture of weapons that included a grenade launcher. Police Commissioner Leonel Sauceda did not specify what other kinds of weapons were seized or what charges those detained might face. It was not clear if those detained were Zelaya's supporters.."--Associated Pukes (my emphasis)

Now that is a truly shitty piece of reporting, all too typical of the Associated Pukes. WHO suggested that a seized "grenade launcher" belonged to "Zelaya supporters" (who, it should be noted, are FAMOUS for their PEACEFUL PROTEST in the face of a MURDEROUS RIGHTWING COUP)?

Impressionistic, corpo-fascist 'news' monopoly LIES like that make me sick!

:puke: to the Associated Pukes!



-----------------------------------------

"Chong said the Lobo administration will have to approach international lending agencies like the World Bank and International Monetary Fund for loans."

Oh crap. It begins. We know they looted the ALBA funds. What else did they loot?

Looting by the rich is the preliminary to World Bank/IMF loan sharks swooping in and privatizing everything (pay attention on the telecommunications industry, in particular, in Honduras--John McCain is involved), lowering wages, squeezing every last peso out of the poor, and creating a slave labor work force in a slave country, and global corporate predators vacuuming up more land and resources.

As here, this Depression was induced.

[EFerrari]

2. I'll never forget one of the final scenes in the movie about the 2002 coup

where the staff can't find speakers for the sound system and the president says, did they steal that, too?

[Peace Patriot]

3. LOL! I missed that. I'll have to watch it again. I love your Howard Zinn quote.

If only the people of the U.S. would realize this.

:grouphug:

:patriot: