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With US support & CIA backing...way to "spread democracy & freedom" back then....
No way. The proximity to US actually hurts mexico more than helps IMO, drug dealers are the kings in Mexico thanks to US.
With US support & CIA backing...way to "spread democracy & freedom" back then....
Last edited by pppp; 12-11-2006 at 11:27 AM.
With regards to crime rate, Chile is the safest Lat Am country (again ahead of the pack with respect to Brazil, Argentina and Mexico).
You should visit the South of Chile.
Its beatiful. You will not be disappointed.
The economic benefit of having the US as your neighbor and trading partner outways by far the drug problem.
I come from the southern part of Argentina which is a lot like Chile is terms of natural beauty. I have to agree with smeagol here, Chile is a beautiful country, its people are friendly and it is relatively safe compared to other South American countries. Good place to visit
by the way smeagol, I do agree Chile's economic stability is due in no small part to Pinochet, but at what cost? I'm sorry, but the man was a cold blooded son of a and should have been executed long ago... but instead the SOB lived to be 91. Talk about the mother of all injustice
I don't disagree that the guy was a ruthless dictator. But at least he did something to make the Chilean economy better. Look at the idiots who rules Argentina between 1976 and 1983. They were ruthless too and left the country in a worst economic position than what they recieved it in.
PINOCHET: A Declassified Do entary Obit
Archive Posts Records on former Dictator's Repression, Acts of Terrorism, U.S. SupportNational Security Archive Electronic Briefing Book No. 212
WASHINGTON - December 12Do entary link- As Chile prepared to bury General Augusto Pinochet, the National Security Archive today posted a selection of declassified U.S. do ents that illuminate the former dictator's record of repression. The do ents include CIA records on Pinochet's role in the Washington D.C. car bombing that killed former Chilean ambassador Orlando Letelier and his American colleague Ronni Moffitt, Defense Intelligence Agency biographic reports on Pinochet, and transcripts of meetings in which Secretary of State Henry Kissinger resisted bringing pressure on the Chilean military for its human rights atrocities.
"Pinochet's death has denied his victims a final judicial reckoning," said Peter Kornbluh, who directs the Archive's Chile Do entation Project. "But the declassified do ents do contribute to the ultimate verdict of history on his atrocities."
Most of the do ents posted today are drawn from a collection of 24,000 declassified records that were released by the Clinton administration after Pinochet's October, 1998, arrest in London. Many of them are reproduced in Kornbluh's book, The Pinochet File: A Declassified Dossier on Atrocity and Accountability.
LJ's family goes there all the time for business reasons. This summer we will likely go with them for a month or so. I'm looking forward to it.
Pinochet and The Miracle that wasn't
...
Tinker Bell, Pinochet And The Fairy Tale Miracle Of Chile
by Greg Palast
Sunday, Dec. 10, 2006
Chile’s former military dictator General Augusto Pinochet died today at the age of 91.
Cinderella’s Fairy Godmother, Tinker Bell and General Augusto Pinochet had much in common.
All three performed magical good deeds. In the case of Pinochet, he was universally credited with the Miracle of Chile, the wildly successful experiment in free markets, privatization, de-regulation and union-free economic expansion whose laissez-faire seeds spread from Valparaiso to Virginia.
But Cinderella’s pumpkin did not really turn into a coach. The Miracle of Chile, too, was just another fairy tale. The claim that General Pinochet begat an economic powerhouse was one of those utterances whose truth rested entirely on its repe ion.
Chile could boast some economic success. But that was the work of Salvador Allende - who saved his nation, miraculously, a decade after his death.
In 1973, the year General Pinochet brutally seized the government, Chile’s unemployment rate was 4.3%. In 1983, after ten years of free-market modernization, unemployment reached 22%. Real wages declined by 40% under military rule.
In 1970, 20% of Chile’s population lived in poverty. By 1990, the year “President” Pinochet left office, the number of des ute had doubled to 40%. Quite a miracle.
Pinochet did not destroy Chile’s economy all alone. It took nine years of hard work by the most brilliant minds in world academia, a gaggle of Milton Friedman’s trainees, the Chicago Boys. Under the spell of their theories, the General abolished the minimum wage, outlawed trade union bargaining rights, privatized the pension system, abolished all taxes on wealth and on business profits, slashed public employment, privatized 212 state industries and 66 banks and ran a fiscal surplus.
Freed of the dead hand of bureaucracy, taxes and union rules, the country took a giant leap forward … into bankruptcy and depression. After nine years of economics Chicago style, Chile’s industry keeled over and died. In 1982 and 1983, GDP dropped 19%. The free-market experiment was kaput, the test tubes shattered. Blood and glass littered the laboratory floor. Yet, with remarkable chutzpah, the mad scientists of Chicago declared success. In the US, President Ronald Reagan’s State Department issued a report concluding, “Chile is a casebook study in sound economic management.” Milton Friedman himself coined the phrase, “The Miracle of Chile.” Friedman’s sidekick, economist Art Laffer, preened that Pinochet’s Chile was, “a showcase of what supply-side economics can do.”
It certainly was. More exactly, Chile was a showcase of de-regulation gone berserk.
The Chicago Boys persuaded the junta that removing restrictions on the nation’s banks would free them to attract foreign capital to fund industrial expansion.
Pinochet sold off the state banks - at a 40% discount from book value - and they quickly fell into the hands of two conglomerate empires controlled by speculators Javier Vial and Manuel Cruzat. From their captive banks, Vial and Cruzat siphoned cash to buy up manufacturers - then leveraged these assets with loans from foreign investors panting to get their piece of the state giveaways.
The bank’s reserves filled with hollow securities from connected enterprises. Pinochet let the good times roll for the speculators. He was persuaded that Governments should not hinder the logic of the market.
By 1982, the pyramid finance game was up. The Vial and Cruzat “Grupos” defaulted. Industry shut down, private pensions were worthless, the currency swooned. Riots and strikes by a population too hungry and desperate to fear bullets forced Pinochet to reverse course. He booted his beloved Chicago experimentalists. Reluctantly, the General restored the minimum wage and unions’ collective bargaining rights. Pinochet, who had previously decimated government ranks, authorized a program to create 500,000 jobs. In other words, Chile was pulled from depression by dull old Keynesian remedies, all Franklin Roosevelt, zero Reagan/Thatcher. New Deal tactics rescued Chile from the Panic of 1983, but the nation’s long-term recovery and growth since then is the result of - cover the children’s ears - a large dose of socialism.
To save the nation’s pension system, Pinochet nationalized banks and industry on a scale unimagined by Communist Allende. The General expropriated at will, offering little or no compensation. While most of these businesses were eventually re-privatized, the state retained ownership of one industry: copper.
For nearly a century, copper has meant Chile and Chile copper. University of Montana metals expert Dr. Janet Finn notes, “Its absurd to describe a nation as a miracle of free enterprise when the engine of the economy remains in government hands.” Copper has provided 30% to 70% of the nation’s export earnings. This is the hard currency which has built today’s Chile, the proceeds from the mines seized from Anaconda and Kennecott in 1973 - Allende’s posthumous gift to his nation.
Agribusiness is the second locomotive of Chile’s economic growth. This also is a legacy of the Allende years. According to Professor Arturo Vasquez of Georgetown University, Washington DC, Allende’s land reform, the break-up of feudal estates (which Pinochet could not fully reverse), created a new class of productive tiller-owners, along with corporate and cooperative operators, who now bring in a stream of export earnings to rival copper. “In order to have an economic miracle,” says Dr. Vasquez, “maybe you need a socialist government first to commit agrarian reform.”
So there we have it. Keynes and Marx, not Friedman, saved Chile.
But the myth of the free-market Miracle persists because it serves a quasi-religious function. Within the faith of the Reaganauts and Thatcherites, Chile provides the necessary genesis fable, the ersatz Eden from which laissez-faire dogma sprang successful and shining.
In 1998, the international finance Gang of Four - the World Bank, the IMF, the Inter-American Development Bank and the International Bank for Settlements - offered a $41.5 billion line of credit to Brazil. But before the agencies handed the drowning nation a life preserver, they demanded Brazil commit to swallow the economic medicine that nearly killed Chile. You know the list: fire-sale privatizations, flexible labor markets (i.e. union demolition) and deficit reduction through savage cuts in government services and social security.
In Sao Paulo, the public was assured these cruel measures would ultimately benefit the average Brazilian. What looked like financial colonialism was sold as the cure-all tested in Chile with miraculous results.
But that miracle was in fact a hoax, a fraud, a fairy tale in which everyone did not live happily ever after.
******
Greg Palast is the author of the New York Times bestseller, “Armed Madhouse”. Read his reports at www.GregPalast.com
One more trip down memory lane....
Pinochet's Death Spares the Bush Family
By Robert Parry
December 12, 2006
Consortium NewsGen. Augusto Pinochet’s death on Dec. 10 means the Bush Family can breathe a little bit easier, knowing that criminal proceedings against Chile’s notorious dictator can no longer implicate his longtime friend and protector, former President George H.W. Bush.
Although Chilean investigations against other defendants may continue, the cases against Pinochet end with his death of a heart attack at the age of 91. Pinochet’s death from natural causes also marks a victory for world leaders, including George H.W. and George W. Bush, who shielded Pinochet from justice over the past three decades.
The Bush Family’s role in the Pinochet cover-up began in 1976 when then-CIA Director George H.W. Bush diverted investigators away from Pinochet’s guilt in a car bombing in Washington that killed political rival Orlando Letelier and an American, Ronni Moffitt.
The cover-up stretched into the presidency of George W. Bush when he sidetracked an FBI recommendation to indict Pinochet in the Letelier-Moffitt murders.
Over those intervening 30 years, Pinochet allegedly engaged in a variety of illicit operations, including terrorism, torture, murder, drug trafficking, money-laundering and illicit arms shipments – sometimes with the official collusion of the U.S. government.
In the 1980s, when George H.W. Bush was Vice President, Pinochet’s regime helped funnel weapons to the Nicaraguan contra rebels and to Saddam Hussein’s Iraq, an operation that also implicated then-CIA official Robert M. Gates, who will be the next U.S. Secretary of Defense.
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