Posts Tagged ‘Michelle Bachelet’

Chile: Bachelet, going left as promised

Monday, May 5th, 2014

Last November I predicted that, if Michelle Bachelet made good on her campaign promises, it would be disastrous not only for Chile, but also for the region.

She’s on her way:
Assault on the Chilean Miracle
President Bachelet wants to raise the corporate tax rate to 35% from 20%.
(emphasis added)

Three decades of fast growth—led by liberal economic policies—have made Chile the most prosperous country in Latin America. Its annual per capita income of more than $19,000 is up from $5,000 in 1990. The percentage of Chileans living in poverty stands at 14.4%, down from 45% in 1985.

The country also stands out politically in the region for its adherence to a rule of law that protects minority rights and eschews banana-republic populism.

Now Ms. Bachelet and her minions in Congress are signaling a game change that suggests a return to the political polarization of the early 1970s. It is hard to avoid the conclusion that they see their legislative majorities as their chance to finally ram the utopian dream of the late President Salvador Allende down the collective Chilean throat.

Sen. Jaime Quintana, spokesman for the New Majority coalition in the upper chamber, said as much in March, when the opposition complained that the ruling coalition was using a “steamroller” in Congress. Not “a steamroller,” Mr. Quintana said. “We are going to use a high-powered steam shovel because it is necessary to destroy the antiquated foundations of the neo-liberal model of the dictatorship.”

In addition to raising the corporate tax rate to 35% from 20%, Bachelet wants to eliminate the FUT,

a key provision in the tax code that allows companies to delay paying taxes on earnings if those earnings are reinvested rather than paid out. Known by its Spanish initials as the “FUT,” this provision has provided much of the capital that fueled Chile’s rapid growth in the last three decades.

Wait until she amends the Constitution and starts overspending the mining profits on social programs and running a deficit.

And don’t forget she’s invited Putin already.

Chile goes down, and the Pacific Alliance is o-v-e-r.

Chile: Bienvenido, Putin

Saturday, May 3rd, 2014

Now that Russian Foreign Minister Sergei Lavrov stopped in Chile during his tour of Latin America, Bachelet invites Putin to visit Chile

Chilean President Michelle Bachelet on Wednesday invited Russia’s Vladimir Putin to visit the Andean nation and the bases that both countries have in Antarctica with the aim of moving forward on scientific cooperation.

And it’s not just science,

[Chilean Foreign Minister Heraldo] Muñoz also joined Lavrov at a meeting with Chilean Defense Minister Jorge Burgos to discuss “the potential for military exchanges.”

$5 says Russia comes out ahead on any of this.

UPDATE:
Linked to by Babalu. Thank you!


Mike Hammer goes to Chile

Thursday, April 10th, 2014

Not this Mike Hammer,

this one:

Grew up in Latin America,
Georgetown U international relations graduate,
100% fluent in Spanish,
and personable.

Photo of Ambassador @MikeHammerUSA at a meeting presenting credentials to Pres. Bachelet at La Moneda.

Certainly a much more qualified diplomat than the Noah Mamet guy they were thinking of sending to Argentina!

Biden goes to Chile

Wednesday, March 12th, 2014

Joe Biden went to Michelle Bachelet’s second inauguration and managed to do a decent job: Read my article, Biden goes to Chile, at Da Tech Guy Blog.

#Chile: Bachelet’s inauguration LIVEFEED

Tuesday, March 11th, 2014

Michelle Bachelet inauguration livefeed

The Venezuela Crisis Exposes Political Split in Chile
Ruling Coalition Divided over President Nicolás Maduro’s Crackdown on Protestors
, since Maduro will be attending Bachelet’s inauguration, and is expected to canvass other dignitaries for support, having called for a meeting of UNASUR,

The Venezuelan leader has called for an emergency meeting in Santiago of the South American regional grouping, UNASUR, which is heavily influenced by Venezuela and its closest allies, Bolivia, Ecuador and Argentina. The meeting is expected to take place following the inauguration.

Chilean President-elect Michelle Bachelet

fashioned her wide-ranging “New Majority” coalition to beat an incumbent conservative government in recent elections. She is now caught between her own Socialist party, communists and other hard-left supporters who back Mr. Maduro, and center-right Christian Democrats who blame the Venezuelan leader for a heavy-handed crackdown.

Socialist and communist party lawmakers in Chile blocked Mr. Walker’s resolution in the lower house, denying that abuses are taking place and casting Mr. Maduro as the victim.

Joe Biden’s in Chile for the inauguration where

he called the unstable situation in Venezuela “alarming” and said the Caracas government lacked even basic respect for human rights.

Joe will meet with presidents Juan Manuel Santos of Colombia, Ollanta Humala of Peru, and Enrique Peña Nieto of Mexico; he’ll probably run into Venezuela’s Nicolas Maduro. Let’s hope he doesn’t bow.

Bachelet has already proposed increasing corporate taxes and close tax loopholes to sponsor a system of free college education, changes to the constitution, and more spending to address inequality.

Venezuela: Today’s headlines

Sunday, February 16th, 2014

The Scotsman: Venezuela: Third night of riots over dead students

WSJ: Venezuela Opposition Leader Is Sought
Venezuelan President Nicolás Maduro said a police manhunt was under way for Leopoldo Lopez, the hard-line opposition leader behind antigovernment demonstrations that ended with three deaths
.

Reuters: Venezuela frees some student protesters, unrest continues

Yahoo: Venezuela music star Dudamel targeted by opposition critics

AP: Twitter reports image blocking in Venezuela

MercoPress: Chilean president-elect Bachelet blasts Venezuelan repression and Maduro

Following the bloody events of last Wednesday, while countries such as Argentina, Cuba, Bolivia, Ecuador, Nicaragua expressed their full support for the Venezuelan government of President Nicolas Maduro, others were more cautious such as Washington and the Europe Union calling for restraint and dialogue, but Chilean president-elect Michelle Bachelet openly twitted her rejection to repression, to President Maduro and called for a plebiscite.

AFP: John Kerry says US concerned about unrest in Venezuela. Official statement here.

Twitter:
#LaSalida

Livestream: NTN24

Blogs:
Altamira then and now: a Venezuelan spring?

Cuba Training Venezuelan Armed Groups

Is This the End of Hugo Chavez’s Venezuela?
In the midst of runaway violence, inflation, and shortages of basic goods, Venezuela’s youth have taken to the streets—to take on its Orwellian government.

Video in Spanish:

Chile: A step to the left

Thursday, November 21st, 2013

From The Economist:
[video below the fold, since it unfortunately starts right away]

(more…)

Chile: Left turn coming up

Monday, November 11th, 2013

My contacts in Chile agree,
Chile Is Poised to Move Sharply Left
Michele Bachelet wants to amend the constitution and expand the welfare state.

Ms. Bachelet wants to expand the welfare state. To pay for it she wants to raise corporate tax rates and to tax shareholders on retained earnings along with the dividend taxes they already pay. She would restore a role for the state in the now privatized pension system and has called for an “exhaustive review” of the Trans-Pacific Partnership that would deepen Chile’s commitment to free trade. Labor unions would get more power, and education spending would be sharply higher. Most troubling, the self-described admirer of Fidel Castro proposes changes to the constitution that would extend the reach of government and has not ruled out calling a constitutional assembly.

This, of course, would be disastrous not only for Chile, but also for the region.

The question then, is, how will Chile’s institutions hold up in the onslaught?

Chile: Matthei/Parisi vs Bachlet?

Saturday, October 19th, 2013

Gap closes between Parisi and Matthei as presidential race tightens

The way I see it, it’s Bachelet.

The election’s scheduled for November 17.

The Peruvian elections Carnival of Latin America and the Caribbean

Monday, June 6th, 2011

LatinAmerThe big news of the week was yesterday’s Peruvian election of Ollanta Humala as their next president:

Financial markets, which have been riding a roller coaster during the long campaign, are sure to take a win by Mr. Humala badly, analysts said. Investors viewed Ms. Fujimori as the candidate who would maintain the policies of openness toward foreign investment and trade, which helped Peru grow by 9% last year. Mr. Humala, who has made sharply contradictory statements on economic policy, would face pressure to immediately send signals to the market by revealing who would serve in key positions, such as Prime Minister and Economy Minister.

BRAZIL
Lagarde, on Visit to Brazil, Vows Speedy IMF Reform

Dilma’s first big test
The political wounding of Antonio Palocci, the president’s right-hand man, comes at an awkward time, when the battle to cool the economy has only just begun

CHILE
Video: Michelle Bachelet on UN Women

Volcano erupts in Chile

COLOMBIA
Colombia kills FARC commander
Colombian authorities said they killed the top-ranking security chief of the rebel group FARC
, Alirio Rojas Bocanegra, known as “El Abuelo,” member of the FARC Central Command.

CUBA
Fábrica de españoles

GUATEMALA
Ethics and politics get divorced

ECUADOR
Congressman McGovern visits Ecuador

SUMMARY: Congressman James McGovern traveled in Ecuador from November 13 to 18, to visit sites at issue in the Chevron-Texaco oil pollution case, and Ecuadorian border communities affected by refugees and other aspects of the violence in Colombia. Congressman McGovern met with Government of Ecuador (GOE) Ministers and President Correa, and while taking no position on the unresolved Chevron-Texaco suit, expressed concern about the humanitarian, health and environmental impacts of oil contamination on local affected communities and the humanitarian situation on the border, and pledged to draw greater attention to the plight of refugees. Foreign Minister Salvador and Vice Defense Minister Miguel Carvajal asked McGovern for the U.S. Congress to investigate the March 1 Colombian attack against a FARC camp in Angostura, along the northern border of Ecuador, which McGovern did not agree to.

HAITI
New Study Questions Quake Toll In Haiti

MEXICO
Mexico City Retailers Pause

Retailers have put expansion plans on hold in the Mexican capital after the megacity’s government enacted a virtual three-year moratorium on openings of grocers, convenience stores and hypermarkets in an effort to shield traditional markets and small family-run bodegas from corporate competition.

Soul-searching amid the debris
Mexican individualism and violence

PARAGUAY
Police in Paraguay Seize 2.1 Tonnes of Cocaine Adulterate

PERU
Today’s video: Toss up

PUERTO RICO
A pun gone wrong: Coors Light “Emboricuate” Ads Brews Outrage Among Puerto Ricans

VENEZUELA
Venezuela: The Brazil connection

Why I am not blogging much lately: the “gimme!” culture of Venezuela. Venezuela’s not alone.

The Perverse Gasoline Subsidy in Petrostates

The week’s posts,
Venezuela: Welcome to Club Hugo
Ollanta Humala’s shell game
The short answer is, No

At Real Clear World,
Bolivia Invites, Then Disinvites, Accused Iranian Terrorist

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