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Ecuador's Correa Criticizes U.S. Neo-liberal Economic Model?And in Ecuador, Rafael Correa held a victory rally Monday following his apparent victory in Sunday's presidential election. Correa vowed to oppose a new trade agreement with the United State and not to renew a lease for a U.S. military air base in Ecuador. He also criticized the U.S.-backed neo-liberal economic model.
Rafael Correa: "The model that is being applied not only in Ecuador, but throughout Latin America, has been disastrous. This neoliberalism has generated unemployment, it has privatized and it has converted into merchandise the fundamental human rights like health, education, and social security." (emphasis added)
Final election results from Ecuador are still not in. With 74 percent of the polling stations tallied as of Monday night, Rafael Correa had 61 percent of the vote.
"Once in awhile we get shown the light, in the strangest of places, if we look at it right" - Hunter/Garcia
Hugo Chavez in Venezuela raised royalties on oil from 1% to 30% and made sure the tax system started to actually collect some taxes from the country elite, I expect the same will happen in Ecuador.
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