Saturday, December 6, 2008

Catching a Clue about Ortega

First, it looks pretty clear that the only reason Opportunist Par Excellence Daniel Ortega of Nicaragua has signed on the political agendas of Bolivarian Socialism (Chavismo) and Imperial-Russia-Renewed (Putinism) is to get a line on some cash.

Moreover, even those "friends" can't be overly pleased with the heavy-handed way that D. Ortega puts his own interests ahead of those of the FSLN party that he supposedly heads.

And now, even the chief officer of the U.S. Millennium Challenge Corporation (MCC) aid-and-comfort club is expressing "deep concern and disappointment", specifically about the local elections in November but also as a general assessment.

MCC aid is now suspended. Several European aid providers are also suspending gifts, and the E.U. has only given out 10% of promised funds for 2008 so far.

D. Ortega's answer?

"Comandante" (Hugo Chavez) and "Admirer" (Dmitry Medvedev) will cover the losses.

Sure. Not a problem.

Can not imagine why they would not.

Right?

3 comments:

Marie said...

And you know what, Chávez (if not Putin) most probably will cover the costs. He needs people to prop him up and the only way to get that "loyalty" is with money.

Kate said...

True, Marie... We'll see for how long this can be sustained, now that Venezuelan crude closed the week under $35USD/barrel: http://economia.noticias24.com/noticia/1173/

L.Douglas Garrett said...

It is that "sustained" part that matters, especially as foreign gifts functionally requires hard currency. Perhaps, the more of Chavez' "friends" that have reach into his pocket, the sooner it is empty, eh?

(Off-topic: Welcome, Kate! Great to see you here.)

Here is Kate's link, made clickable. It is a Spanish language article.