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Lets boilet down:The majority of  Summit wasnts to implement the FTAA. Then the Mercosur, is opposin it because if can't compete in the US markets due to the subsidies the US has for it's agricultural products,  and therefore they can't compete in the northen market.
Here are some coments from Kirchner's speech at the Summit:
       President Kirchner slammed the IMF because it gave 9 billion in loans t those that would not pay, while now it is denying to refinance those debts if we don't accept certain conditions that are the same ones that drove us to default. He also said that Garcia Marquez should dedicate the IMF a few paragraphs of magic realism
He also said that "governability" was at risk if we can't create jobs.
Further, he said that "it is the regional experience and not the bureaucracies of international organisms that defines each country's policies. He also said that Argentina as a country does have a responsibility but that so do the international organizations.
The problem of emerging economies should not be taken as a matter of beneficence. Finally he said that they should consider the US should consider that the policies applied not only created poverty and misery, but that they also added regional institutional instability, which caused that democratically elected governments to be overthrown.  Ouch


If you want me to go back to the place I was born , tell your corporations to leave my country (Leon Gieco)
by cruz del sur (chenicodk@sbcglobal.net) on Sat Nov 5th, 2005 at 08:29:27 AM EST
Finally Kirchman said that the US should consider that the (international) policies applied not only created poverty and misery, but that they also added regional institutional instability, which caused that democratically elected governments to be overthrown.  Ouch

Ouch indeed, and right on...which was what I was implying when I thought it was interesting that this conference was about "free trade" (for the US) and "poverty" (for Latin America...where only the wealthy get anything out any agreements...no one else). Thank you for your commentary, and your translation...really appreciate it. I think a discussion in ET about the IMF and other world financial bodies should take place....these institutions and their policies need to change (at least the policies...though I am not holding my breath...)

"Once in awhile we get shown the light, in the strangest of places, if we look at it right" - Hunter/Garcia

by whataboutbob on Sat Nov 5th, 2005 at 10:51:59 AM EST
[ Parent ]
Cruz del sur has a front page piece over at Booman, reporting from Argentina...

http://www.boomantribune.com/?op=displaystory;sid=2005/11/4/04333/0136

"Once in awhile we get shown the light, in the strangest of places, if we look at it right" - Hunter/Garcia

by whataboutbob on Sat Nov 5th, 2005 at 02:36:35 PM EST
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