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May 2, 2006 [LINK]

Bolivia takes over natural gas

Carrying out his anti-imperialistic rhetoric, President Evo Morales ordered troops into natural gas installations yesterday. He is demanding that foreign companies grant oversight powers to the Bolivian government and share a greater proportion of their total revenues with the government. This amounts to extortion, and may well be the first step toward formal nationalization. That would send shivers down the spines of international investors. Washington Post. This is almost exactly the same thing that the new military government of Peru did in October 1968, when troops occupied the oil facilities of Standard Oil of New Jersey (now Exxon-Mobil). This vain, self-defeating move by Bolivia in turn will discourage future investment in Latin America, which desperately needs new investment, thus reducing job opportunities and increasing the pressure for more immigration to the United States. Could the coincidence with what is happening in the United States right now possibly be any more ironic?

Mexico supports U.S. immigrants

There were big marches in downtown Mexico City yesterday, expressing "solidarity" with immigrants in the United States who staged a nationwide boycott. Some of the protesters belonging to labor unions were boycotting Walmart, McDonalds, and American-made goods in general, and some were even demanding that Americans get out of Mexico, calling for "A day without gringos"; see This was an ironic twist on the movie A Day Without a Mexican; see Internet Movie Database. President Fox asked protesters to be "prudent," but he has consciously appealed to nationalistic sentiment, and probably deserves some of the responsibility for this silliness.

Posted (or last updated or commented upon): 03 May 2006, 12: 00 AM

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Blog highlights have been compiled for the years 2010-2012 thus far, and eventually will be compiled for earlier years, back to 2002.


The "home made" blog organization system that I created was instituted on November 1, 2004, followed by several functional enhancements in subsequent years. I make no more than one blog post per day on any one category, so some posts may cover multiple news items or issues. Blog posts appear in the following (reverse alphabetical) order, which may differ from the chronological order in which the posts were originally made:

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