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Bankotsu
16th August 2009, 06:50
Ecuador plans local committees to defend "revolution"

Sat Aug 15, 2009

QUITO (Reuters) - Ecuador's President Rafael Correa said on Saturday he plans to defend his socialist government with a network of citizen committees, a move that suggests he is radicalizing his "revolution".

Correa, who took office for a second term on Monday vowing to deepen socialist reforms in the Andean OPEC nation, said his government is under threat from wealthy elites and needs to mobilize its supporters.

"We need to organize committees for the defense of the revolution in every neighborhood," said Correa, an ally of Cuba's President Raul Castro and Venezuela's Hugo Chavez, both leftists who have similar groups in their countries.

The plan is likely to draw criticism from his opponents who say Correa is too close to communist Cuba, where neighborhood watch groups called Committees for the Defense of the Revolution report activities considered counter-revolutionary.

Though widely popular, Correa appears to be worried that a coup that ousted leftist President Manuel Zelaya in Honduras in June could be repeated in Ecuador, where three presidents have been toppled in the last decade.

"There are tiny groups here with huge economic power that at a given point could undermine the government," Correa said in his weekly media address.
"We may have a lot of popular support, but if we don't have people that take to the streets to defend their government, we could easily be destabilized," said Correa.

Heavy social spending and promises to reduce the power of Ecuadorean business groups have raised Correa's popularity among the poor and middle class who blame the country's elites for inequality in the oil-rich country.

Venezuela's Chavez has organized his supporters into several different groups, and has often said he will arm citizens with automatic weapons to defend his government.

Correa did not give details of how the committees would be organized, but he talked about family and neighborhood groups and said they would not carry weapons.

"The oligarchs start trembling when we tell citizens to organize, because if we organize we'll be invincible," Correa said.

http://www.reuters.com/article/newsMaps/idUSTRE57E1TM20090815

Wakizashi the Bolshevik
16th August 2009, 20:56
Excellent.

NecroCommie
17th August 2009, 00:21
Can it be that the reformist is finally realizing the necessity of armed revolution? Or is this just a gesture to buy the revolutionaries on his side? Either way this is intresting.

Latin america is a shining beacon of leftism during these dark time, GO CORREA!

NJ Commisar
18th August 2009, 05:02
Sounds good but I am skeptical. I disagree that a Revolution has ever happen. Revolution is violent not peaceful. When did the workers rise up against the capitalist? The workers do not control the means of production . A full Revolution has not yet took place. Though the developments seem positive.

NJ Commisar
18th August 2009, 05:05
Can it be that the reformist is finally realizing the necessity of armed revolution?
I agree capitalism can not be reformed. It must totally be done away with!

chegitz guevara
18th August 2009, 08:48
Revolution is forceful. If it is forceful enough, it doesn't have to be violent. When the Bolsheviks took Petrograd, no one was hurt. That's not violence. More people died in the making of the movie about the revolution than died in the revolution.

Colonello Buendia
18th August 2009, 09:27
The radicalization of the south american people is pretty much inevitable, given that south america has been raped for resources and has been pinioned into growing sugar for the americans they have no love of the capitalism that so effortly destroyed what should have been a wonder continent. this development however is interesting.

Bankotsu
18th August 2009, 14:11
China to the rescue of Ecuador:


Ecuador set to receive $1 billion loan from China-report

QUITO, Aug 17 (Reuters) - Ecuador will receive a $1 billion loan from China, in addition to a $1 billion forward payment for an oil supply deal with the huge Asian nation, Foreign Minister Fander Falconi was reported as saying by local media on Monday.

Oil-hungry China is moving to strengthen ties with OPEC member Ecuador, part of a global trend in which the Asian giant is providing billions of dollars in financing to producer nations to guarantee energy supplies.

"China will give a $1 billion loan, in addition to the $1 billion for the sale of oil," the daily paper, Ecuadorean Hoy, quoted Falconi as saying in an interview.

The newspaper story did not carry more information about the loan's conditions.

In late July, Ecuador signed a contract to export nearly 3 million barrels of crude oil a month to China over the next two years.

The Andean country is seeking alternative financing after defaulting on some of its sovereign bonds last year, a move that cut the country off from the international capital markets. (Reporting by Eduardo Garcia; Editing by Jan Paschal)

http://www.reuters.com/article/bondsNews/idUSN1737545720090817

Bright Banana Beard
18th August 2009, 19:13
This can make the USA to "invest" more into South America since China is their main competitive on world domination. They both does suck either way.

cyu
18th August 2009, 20:19
The Andean country is seeking alternative financing after defaulting on some of its sovereign bonds last year, a move that cut the country off from the international capital markets.
It shouldn't be surprising that Reuters, being a financial market data provider, wouldn't even bother to analyze this statement, but the fact is, it's not "capital markets" that any nation needs to develop. "Capital markets" are just a bunch of paper and numbers floating around inside computers.

What "capital markets" really depend on are places that can provide raw materials, machinery, equipment, etc - of which Ecuador is a part.

In other words, places like Ecuador don't need "capital markets" - "capital markets" need places like Ecuador.

BIG BROTHER
18th August 2009, 21:03
Sounds good but I am skeptical. I disagree that a Revolution has ever happen. Revolution is violent not peaceful. When did the workers rise up against the capitalist? The workers do not control the means of production . A full Revolution has not yet took place. Though the developments seem positive.

A Revolution doesn't have to be violent. And it is not a single event is a whole period of time. What you are seeing in Ecuador is a Revolution.

svenne
19th August 2009, 15:47
This may be a reaction against the coup in Honduras. South America is still a continent where moving towards more equality makes a coup d'etad more likely.

As i see it, an armed people makes this development less likely, and sure, that's good. But i don't think it's a radical step towards socialism.

Dr. Rosenpenis
20th August 2009, 05:02
I don't have much faith in the establishment of a truly socialist state in Ecuador in the foreseable future. But any effort to limit or control the power of capitalists is welcome, imo.