Sunday, February 20, 2011

Global Unrest Beginning In South America?

Could be bad news for Evo Morales.. Thousands Protest in Bolivia Over Rising Prices. Again with the Reuters "intellectual property" crap, so here we go.. Summary:
Bolivian Unions have been protesting higher food and fuel prices for the last five days. President Evo Morales announced he's going to raise gas by 73 percent and diesel by 83 percent. Even though Morales raised the minimum wage, people are still angry. Bus and taxi drivers and the Workers Union are striking.

Looks like Bolivia's fixin' to go hot. The take-away? Whatever your political affiliation(Morales is a major Populist/Leftist who began his career within the Coca growers Union and usually supported by Unions), when you have to raise prices for Necessary Commodities, people Flip Out. How Morales responds to the increasing pressure from economic setbacks, criticism and action from factions usually aligned with him, and mounting pressure from his political enemies remains to be seen.
Will the unrest seen towards authoritarian regimes in the Mid-East extend to Socialist governments in South America?

I'm sure Hugo Chavez is monitoring and analyzing the events in Bolivia very carefully.

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