August 23, 2008 Rafael Correa of Ecuador claims to be an economist. We have rejected this premise for many years. Correa is a political scientist who jiggers economic data, as he did with his PhD thesis, to try to justify crime, punishment of innocents and Marxism. He failed to be honest in his schooling, every job he has ever held and he is failing as president of Ecuador although he is spending a lot of your money to try to show that what he does not know is so.

Recently INVESTORS BUSINESS DAILY wrote this of the ostensibly menacing Russia, which is of course promising with Iran to boost every criminal cartel in Latin America: "Any continued movement of capital out of Russia could prove disastrous. As we noted above, Russia really is a hollow economy, its growth kept afloat by soaring oil prices and a commodity boom which have both boosted investment in Russia and made its overall economy look much better than it is. In fact, Russia is an economic nightmare in slow motion. Due to poor health care and widespread alcoholism, its population is declining by 500,000 a year — a trend that's expected to accelerate in coming years. Inflation is revving up again, after declining for several years, and now is growing at about a 14% yearly rate — and rising...

That means, essentially, there has been no growth at all for 20 years. Of the 15 former Soviet republics that got their freedom after the collapse of communism, 11 are growing faster than Russia...Based on its demographic implosion and lack of a non-oil economy, our guess is Russia is in for a rough couple of decades, not the boom times many have predicted. If foreign investors keep looking for the exits, Russia's good times may be over for good...Until Russia's move into Georgia, there seemingly had been only massive capital inflows, thanks mainly to the rising price of oil, which makes up 20% of Russia's gross domestic product. Now, it seems, investors are fed up with the rampant militaristic nationalism, red tape, corruption and anti-investor sentiment in Vladimir Putin's Russia. Some have decided to head for the door and take their money with them."

Sound familiar? It is. Rafael Correa's failed neo Marxist dictatorship in Ecuador is too expensive for this Third World nation and needs to be turned around.

And Argentina and its recycling debt scams makes the MercoSur look like an extortion ring for it is, noted here in LA NACION. In cahoots with all this so called investment banking crime, with no punishment, is Argentina's partner in crime Venezuela which is backing the flood of bond buy back crimes to jack up a fake market for fake investors who are ruining somebody else's money. And still Soros's own Joseph Stiglitz tells us that the ALBA Bank and Banco del Sur is legitimate when all it seeks to do is float funny money, launder offshore spot oil trading cash, and craft huge profits for its cartel members? This is not investment banking: it is an extortion ring, currently called the central banks of Argentina, Brazil [ thanks to PetroBras], Ecuador and Venezuela enriching offshore speculators, also called cartel members, who have no business operating with no law and order.
 
Here is more of Correa's propaganda to legalize all that should never be legalized:


 
Quito prácticamente estará paralizada hoy desde las 09:00 por el lanzamiento de la campaña por el Sí al referendo del 28 de septiembre que hace el Gobierno. 

Al mismo tiempo, al sur de Quito, más calles serán bloqueadas por la organización del V Festival de la Diversidad y Autoestima, que organiza la Asociación
        Amigos por la Vida
 
 
Ecuador is rushing today to do what all the Soros-backed NGOs prescribe in perforcing a narcostate where there should be none.

We remind that Barack Hussein Obama and his new VP pick Joseph Biden will do nothing to neither assist truth tellers in Ecuador nor stand against this sweeping regional criminality. Joe Biden- known in the US Senate as a hot headed blowhard, has not got the common sense of a flea, stemming back to his college years when he ripped off someone else's work [also called plagiarism], as Teddy Kennedy did too. One Floridian noted of Obama-Biden, "Well it seems that the "reincarnation of JFK" has picked the plagiarist of RFK to be his running mate." Plagiarism should not be anyone's standard for decent behavior. Biden is about as honest as his fake hair plugs. This US Democratic Party duo has not got much to celebrate, much as Obama claims to have secured Biden's "experience and gravitas" which to date is essentially non existent, having chaired the Biden-Dodd-Lugar loony tunes across the U.S. Senate Foreign Relations committee for many years and currently sponsoring the Soros appropriations called the Global Poverty Act which will fund Soros's UN contractors, also called its own opaque mafia, for years to do nothing. Indeed, Biden is hailed by Soros-Dodd-Leahy as one of the own leaders of the new unmanned Metrosexual Soft Power idiots. SOFT POWER of course is just another way of saying you are sorry for having no cojones.

We know this is true because cojones-less leaders try to pump themselves up with long, wordy constitutions, lots of paid propaganda which is not unlike paid relationships [ by the hour] and lots of self promotions because the truth is harder to take.


 
Guayaquil: los informales continúan con la protesta 
Los vendedores exigen trabajar en las calles Coronel y Huancavilca. 60 policías metropolitanos resguardan el sitio. Foto: EL COMERCIO 

This protester, backed by the Correa team, is angry at Guayaquil for trying to organize street vendors for safety and crowd controls, not to mention public sanitation which they fear. But this self-crucifixation pose is not used just by the Correa-istas but also by the opposition to communism in Ecuador.
Currently in Ecuador, many are mimicking a Christ-like pose as Correa and his DISIP goons clamp down hard on Ecuadoreans in fulfillment of Correa's pledge to make Ecuador look just like Cuba. Indeed, Correa's polytheism and flagrant abuse of all moral tenants of acceptable behaviors, also called his New Constitution, is following the Cuban model:
 
            http://www.babalublog.com/

Original 1961 caption:

Miami -- A group of nuns arrive at Miami International Airport following their deportation from Cuba by Premier Fidel Castro, who deported all foreign-born priests and nuns from the country. 
 
And if you love Castro, Chavez and Iran's mullahs, you will love Rafael Correa and what he is legalizing. But if you love life, stand for something, study that wretched constitution and vote your conscience.
PS- save the nuns!
 
-Pedro Camargo for ECrisis