By Celia Canon- Talk Radio News Service

Latin American experts gathered in Washington on Thursday to deplore the blatant lack of democracy that currently exists in Latin America, magnified by the recent coup in Honduras.

Some of those who testified, such as Jim Swigert, Senior Associate and Regional Director of Latin America and Caribbean Programs at the National Democratic Institute, criticized the military for its forceful action, explaining that “I think those who decided to turn to the use of force to resolve the political dispute only exacerbate the situation [because] the military was engaged in the political process as the arbiter, as the enforcer.”

Adolfo Franco, Vice President of Global Regulatory Affairs at the Direct Selling Association, said that despite the international community condemning the coup, the world should also know that ousted President Manuel Zelaya should bear much responsibility for the crisis.

Franco defended the military’s role, saying “It [the referendum proposed by Zelaya] wasn’t against the will of the legislator, it was a violation of the Constitution of Honduras as that judicial body, the Supreme Court which is empowered to make those decisions, rendered a correct decision and issued a warrant for his arrest.”

Zelaya was forced out of power by military forces in Honduras after the former President scheduled a vote in late June asking the population whether a constituent assembly should re-write the Honduran Constitution. Zelaya declared that the constitution’s imperfections were the source of current national social issues.

Franco clarified that the events that occurred in Honduras should be no surprise as Honduras has been following the same pattern as its left wing homologues in the region.

“The model now in Latin America is don’t do coups; [instead] you get elected and you dismantle systematically democracy,” said Franco, adding that Zelaya had been an “increasingly anti-democratic president trying to use the mechanisms of democracy to destroy those [democratic] institutions and to perpetuate himself to power.”

By Celia Canon – Talk Radio News Service

During an address on Latin America and the economic crisis at the Brookings Institute yesterday, Chilean President Michelle Bachelet discussed her country’s comparatively strong economy, explaining that the 1980’s economic crisis in Latin America taught the region to take measures to insulate itself from global financial crises.

“This time in Latin America, fundamental [institutions] were better and policy responses were swift,” Bachelet said. “Central banks move quickly to offset the lack of liquidity in dollars using either sovereign funds or international reserves accumulated during the commodity boom earlier this decade.”

Chile’s current financial stability is largely due to the fact that it has moved away from American policies in recent years, eschewing the Washington Consensus, a set of American recommendations to Latin American states on how to rebuild their economies in 1989. The recommendations focused on maintaining a free market economy with little to no government involvement.

“This approach of no regulation is an approach that we have come to call in Chile the ‘Paradigm of Passivity,’ ” Bachelet said. “The crisis has taught us what we should have known all along: that the state is not and cannot be passive when it comes to economic activity or financial regulation.”

The Chilean president added: “When I talk about not being passive, I’m not talking necessarily about [an] interventionist state. I’m not calling for a government involved in all sectors of the economy or prone to over-regulating markets.”

Bachelet also compared Western states and Chile with regard to the policies implemented to reduce the impact of the global financial crisis.

“Unlike the U.S. and much of Europe, in 2009, tax payers have not have to pay the burden of bailing out” national companies, said Bachelet.

Additionally, the Chilean government has produced its own stimulus package, which aims to maintain the population’s purchasing power, rather than bail out industries.

“This [stimulus] package was designed to inject resources directly into the pockets of the most deprived families to promote employment by increasing public investment, and by granting subsidies to youth employment and to encourage private investment with temporary tax rebates,” Bachelet said.

Bachelet, a moderate socialist, is currently in Washington, D.C. to meet with President Barack Obama in hopes of increasing bilateral ties and improving trade partnerships. During her speech, she was quick to empathize with the Americans, echoing Obama’s frequent calls for an economic restructuring to lead to “lasting prosperity.”

States should not “go back to the same situation that we were in before, because that would mean we haven’t learned the lessons of the crisis,” Bachelet said.

Chilean President Michelle Bachelet describes how most of the Latin American states managed to absorb the shock from the global financial crisis. Bachelet mentions learning from the economic crisis that Chile went through in the 1980’s, the central banks offsetting the lack of liquidity in dollars, regulation prudence and early lending. (0:57)

 

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Several ambassadors from Latin American Countries held a discussion at the Heritage Foundation to discuss the advancement free trade, liberty and prosperity in the Western hemisphere.

Ambassador Tomas Duenas of Costa Rica spoke about the dramatic positive effect that free trade had had in Central America, and warned of the implications if trade barriers increased. He recounted that the United States instituted policies of protectionism during the Great Depression, which caused other countries to respond with their own protectionist policies and ended up harming the entire world’s economy. “We must work together then to avoid falling into a similar situation,” said Duenas, “in difficult times some groups could find it politically attractive to follow that extremely detrimental path.”

Other ambassadors expanded on the dramatic economic effects that their countries have experienced as a result of more open trade with the United States. Ambassador Federico Humbert of Panama discussed how his country has seen growth for 23 straight quarters, and that 75 percent of Panama’s cargo goes to or from the US.

Ambassador Mariano Fernandez Amunategui of Chile spoke about how his country exported $8.7 billion and imported $7.2 billion worth of goods with the US, making Chile a larger US importer than Russia, Indonesia, Pakistan, Argentina and Turkey.

Mexican Ambassador Arturo Sarukhan spoke about the mutual benefits that have resulted from free trade between Mexico and the United States. “Twenty-five million new jobs have been created in America, in the United States, since NAFTA was approved,” said Sarukhan, “…this is a success story.”

Costa Rican Ambassador Tomas Duenas discuss the needs and benefits for the United States to form a closer relationship with the Western Hemisphere. (1:17)

 

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Organization of American States Secretary General Jose Miguel Insulza comments on Congress refusing to vote on the Columbian Free Trade Agreement. Insulza says, “I think it’s very import not only for Columbia but the whole Latin America, for the whole U.S. Latin American relations.” Insulza was on hand for the second annual Congressional Hispanic Leadership Institute conference in Washington, D.C. (0:30)

 

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Obama speaking today at the League of United Latin American Citizens on immigrants. He said that Americans have nothing to fear from new comers, because they come in the hopes that in America you can make it if you try. (0:28)

 

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Obama calls for a comprehensive immigration policy reform at the League of United Latin American Citizens conference. Obama says that he will do it on his first term as president of the United States. (0:43)

 

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Secretary of State Condoleezza Rice spoke today at the Council of the Americas meeting. As she looked back over the years of the Bush Administration, Rice spoke very highly of the United States and its actions with the other American nations on this hemisphere.

In 2001, the western hemisphere went through a social revolution and its cause was democracy, Rice said. New leaders have emerged in different countries, people are becoming activity in their democracies and they want their governments to create change for them in a positive way. (more…)

The Organization of American States welcomed the governor of New Mexico and former Presidential candidate, Bill Richardson, to speak as part of their lecture series. The discussion om “Immigration and Hemispheric Affairs” focused mainly on immigration and economical ties between Latin America and the United States. (more…)