Bolivia state oil company leader resigns

The situation in Latin America is quite interessting. After Chavez in Venezuela, Morales in Bolivia there is now Correa (I think this is his name) in Ecuador. Alle of them regard themselves as leftist and try to gain more money from their (rich) national endowment with energy ressources.

Maybe I am not right, however, by focusing its international policy on places around the Persian Gulf, the US-american influence in Latin America weakened distinctly within the last 5 to 10 years. This is a clear sign, that the - let me call it - "empire" becomes weaker.

The new political self-confidence is certainly supported by the energy ressources, not only in Venezuela. The same pattern can be seen in Russia, which emerged again as a big power. Combine this with PO and there is a dramatically changed political landscape emerging with winners mainly the oil and natural gas rich places.

This is purely anecdotal, but I think most of Latin America had a reality check when the US and the IMF abandoned Argentina in 2001 and allowed the economy there to crash and burn. Most of Latin America has, to a large extent, lost faith in the US version of the global economy and they are seeking more independence. It just happens that the US is also distracted in the ME at the same time.

I used to live in Argentina and in the 70's and 80's and even the 90's the US Dollar was king. I was there for three weeks in 2003/04 and noticed that the euro seems now the preferred foreign currency for many. It seems as though many in Latin America and especially South America are looking to Europe and Asia and less to the US for investment and cultural influence.

As the traditional energy relationships blur, shift and find a new reality, I think we will see ongoing tremors and realignments in traditional global political and economic arrangements. Latin America will be no exception.

Prior to Argentina going south, the IMF and USA and its Lenders presented the Argentina Gov't with six point plan to clean up. Argentina was warned that its practice of using short term debt instead of the normal mix of short/medium/long term instruments was suicide unless it practised within Fiscal and Monetary Policy norms.

Argentina told the to F>Off.

Argentina refused to balance its Budget etc etc

Argentina's loans (almost all short term) were not renewed. Nobody trusted them. Argentina collapsed. Not because of defaults. But because they had lost Credibility with Int'l Lenders.

The IMF & USA & Int'l Lenders have used Argentina and some lesser known nations as examples. If u practice mickey mouse economics, don't come to us for MONEY.

Freddy,

Do you think Asia or Europe will do business with Argentina, then ?

Doesn't matter. Any new lender is dealing with what we might call a post chapter 11 entity. All the ratios are new since their currency devaluation and accumulation of usdollars for Reserves.

The IMF et al called Argentina's bluff. And Argentina had no Plan B.

They needed outside help three years ago, not now.

But the lesson is, when u have seen someone blowoff a lender, why would u get in line to get f*cked?

Hello Freddy Hutter,

Argentina's loans (almost all short term) were not renewed. Nobody trusted them. Argentina collapsed. Not because of defaults. But because they had lost Credibility with Int'l Lenders.

I think that the United States of America is going to suffer a similar fate to that of poor Argentina. The rest of the world is becoming weary of supporting America's obesity and insatiable appetites. A day will come in which the United States of America becomes the fat man hogging the buffet without any prospects of paying his bill. The world will treat America harshly, and America will collapse, and the world will stand by and watch us suffer.

Mexico, Venezuela, Nigeria, and the Middle East should cease exporting oil to the United States of America. I suppose that all of these countries will, too, when the opportunity arises.

Until then, Americans will keep on living like Kings and Queens of the Universe on the money borrowed from the Chinese and the resources stolen from the impoverished people of the world.

The United States of America is the evil empire, now. It also will collapse like the other evil empire.

Such is the fate of the United States of America and the American people. Too bad for America.

David Mathews
http://www.geocities.com/dmathew1

David, i enjoy some of your posts but frankly i don't chat with president bashers, american bashers or idiots that don't understand what an empire is. Sorry.

Try asking a question that is vaguely related to Peak Oil.

Strange then - you do realize that most of the oil related professionals/those who have experience of other countries who post here (several of whom you reply to in copious quantity) believe that President Bush has been a true disaster for American interests - or do such fact based opinions not count as bashing, but merely acknowledging reality?

However, if you mean that political posturing or rhetorical emptiness is worth less than factual debate, I would agree.

And strangely, considering that the world's largest unarmed border is about to get armed boats (machine gun only and just a few, admittedly) on the Great Lakes for the first time since America last tried to liberate Canadian soil (pre-oil - since then, America has been very busy liberating people who just happen to have oil - ask the Iranians, who were able to enjoy monarchy again after irresponsibly exercising democracy, or the Iraqis, who have had bloody tyranny replaced with bloody chaos, to cover a good 50 years), will have passport controls implemented (wonder when the fingerprinting and picture taking will start, as with other good allies of America like Great Britain), and already decides who gets to fly into or out of Canada (the U.S. has actually turned back airliners which had passengers who were not landing in the U.S.), I would think you would have a few concrete points to 'bash' the U.S. with. Or are facts not bashing?

As for empire - tricky, tricky, question, but you have read your Thucydides, haven't you? The behavior and rhetoric of Athens through that period has a number of resonances to the America of today. Including the vast cleft between how the Athenians saw themselves, and how the rest of the Greek states experienced Athenian actions.

Pat, if u don't know history (by your comical empire defence), go to a history site. If u want to debate the ineptness of legislators, go to a political site. TOD was set up as a venue for the discussion of Peak Oil and while i appreciate that there are instances where we want to wander, it is no excuse for the ridiculous situation in which we find our forum this month where anything goes. It is very frustrating to go thru upwards of 300 post that are mostly musings ... not debate or discussion. And i don't mean just Drumbeat.

Well, Thucydides is a good historical reference (though I only read translations - I assume with your superior knowledge, you enjoy the classical Greek), and I left off the information about how the U.S. claimed its northern border ended at the 54th Parallel before 1846 (see this link - http://cvic.bc.ca/vancouver_island_history.htm - do note it is 'ca' which means Canadian propaganda) - after all, the U.S. set its southern border between 1846-1848 in a little thing called the Mexican-American War, which just happens to be one of those examples of conquest glossed over in American history books - however, do enjoy reading the information at http://en.wikipedia.org/wiki/Mexican-American_War. Ah, Manifest Destiny - I am sure, just like the members of the Athenian dominated Delian League, the entire world now supports American Manifest Destiny as being in their self-interest. As a quick link about the Delian League, http://en.wikipedia.org/wiki/Delian_League is quite good, especially with how the Delian League originated - 'They surrendered the leadership of the ongoing campaign to Athens, which was eager to accept it. The Delian League was inaugurated in 477 BC as an offensive and defensive alliance against Persia. The principal cities in the League were Athens, Chios, Samos, and Lesbos, but many of the principal islands and Ionian cities joined the league.' Seeing how the Peloponnesian War developed from that is fascinating - and do especially note the Melian Debate, to get a certain flavor of current American justifications for its actions (the link at http://www.wsu.edu/~dee/GREECE/MELIAN.HTM is fine for the purpose).

As for overflights, do read here - http://web.nbaa.org/public/ops/airspace/restrictions/2006/200608237435.p... or for a quicker overview, here http://web.nbaa.org/public/ops/faq/cache/120.html - do note the 'Are operating under an approved TSA aviation security program or have applied for and received written TSA authorization through the security authorization process.' which means a direct flight between Mexico City and Ottawa requires American approval of its passenger list. Cat Stevens won't be flying between those two capital cities any time soon, since Yusuf Islam is a very, very dangerous man in the eyes of the American government (http://www.cnn.com/2004/US/09/22/plane.diverted.stevens/).

As for Iran having a monarchy restored, to have that monarchy then in turn overthrown by theocratic mullahs, or Iraq being a bloody chaos, I'm pretty sure links won't be required.

And though you may have missed it, in the case of Iraq, Iran, Canada, and Mexico, I have just mentioned four of the world's largest oil exporters - or is the fact that all four of those countries have experienced American terms being dictated, whether 'covert' (Iran of the 1950s), 'overt' (Iraq today), or something along the lines of free association (NAFTA in let us say the 1980s) mean they have nothing to do with peak oil.

As you wish.

But at least in Germany, the understanding (and fear) of Ressourcenkrieg is just a part of a normal understanding of how the world works. And watching it happen in real time is just another one of those little diversions of 2007.

You may note the article above the Drumbeat about Russian gas - or is that sort of thing also not really relevant? I think that most TOD:Europe readers would disagree. And somehow, the TOD:Europe discussions seem full of factual information discussed in a fairly rational manner.

(edit - added the Cat Stevens info, corrected a couple of spelling mistakes, etc.)

I am not interested in discussing History and the definition of Empire with somebody that knows nothing about the topic except what has been gleaned at anti-american disinformation websites.

If u have a question wrt Peak Oil, i'm available. Bye.

As an American citizen, whose mother worked for the CIA and whose father worked for the NSA, I find it fairly amusing to be told that the overthrow of a democratically elected leader in favor of a monarch to rule an oil rich country is a figment of some anti-American web site, or that such historical information has nothing to do with peak oil today. If you actually know any Iranians (I have known Persians, Assyrians, and Armenians from Iran, and Americans who worked in Iran training military units and worked in the oil fields - the country is quite interesting, actually, and what Iranians can do with rice is fantastic), ask them about such unimportant and utterly irrelevant historical trivia in terms of how they view current events, especially in light of the fact that Iran seems quite honest in accepting the fact that the oil will run out, regardless of what anyone else may think about it.

As it seems unlikely you read any of the links provided to such anti-American web sites as Wikipedia or CNN, here is an excerpt from a debate held about 2500 years ago, written by an Athenian -

Melians-
It may be your interest to be our masters, but how can it be ours to be your slaves?

Athenians-
To you the gain will be that by submission you will avert the worst; and we shall be all the richer for your preservation.

Melians-
But must we be your enemies? Will you not receive us as friends if we are neutral and remain at peace with you?

Athenians-
No, your enmity is not half so mischievous to us as your friendship; for the one is in the eyes of our subjects an argument of our power, the other of our weakness.

Melians-
But are your subjects really unable to distinguish between states in which you have no concern, and those which are chiefly your own colonies, and in some cases have revolted and been subdued by you?

Athenians-
Why, they do not doubt that both of them have a good deal to say for themselves on the score of justice, but they think that states like yours are left free because they are able to defend themselves, and that we do not attack them because we dare not. So that your subjection will give us an increase of security, as well as an extension of empire. For we are masters of the sea, and you who are islanders, and insignificant islanders, at that, must not be allowed to escape us.

Melians-
But do you not recognize another danger? For, once more, since you drive us from the plea of justice and press upon us your doctrine of expediency, we must show you what is for our interest, and, if it be for yours also, may hope to convince you:, Will you not be making enemies of all who are now neutrals? When they see how you are treating us they will expect you some day to turn against them; and if so, are you not strengthening the enemies whom you already have, and bringing upon you others who, if they could help, would never dream of being your enemies at all?

Athenians-
We do not consider our really dangerous enemies to be any of the peoples inhabiting the mainland who, secure in their freedom, may defer indefinitely any measures of precaution which they take against us, but islanders who, like you, happen to be under no control, and who may be already irritated by the necessity of submission to our empire, these are our real enemies, for they are the most reckless and most likely to bring themselves as well as us into a danger which they cannot but foresee.

Melians-
Surely then, if you and your subjects will brave all this risk, you to preserve your empire and they to be quit of it, how base and cowardly would it be in us, who retain our freedom, not to do and suffer anything rather than be your slaves.

http://www.wsu.edu/~dee/GREECE/MELIAN.HTM

For anyone interested in how the story turns out - the Melians decide to fight to preserve their freedom, which leads to 'The Athenians starv(ing) out the Melians, who finally capitulate. In punishment for not surrendering in the first place, the Athenian generals put to death every male citizen of Melos and cart off the women and children into slavery.' Thucydides can be hard to read, since what he unsparingly describes is a generation of death and destruction, leading to the end of Athens as a democracy and as a free state, for no good reason but its own folly.

Hello Freddy,

David, i enjoy some of your posts but frankly i don't chat with president bashers, american bashers or idiots that don't understand what an empire is. Sorry.

Are you a Canadian, Freddy? If so ... I can understand what you are saying. As an American I appreciate the submission of America's colony to the North, Canada.

Is this an accurate statement of your opinion of environmentalism, Freddy:

Sept 22nd: In short, beware of false prophets. The gloom merchants that would have Yukoners believe that catastrophic events will befall us and the rest of the globe. While we dearly need advice on timelines, mitigation and training with respect to new construction methods wrt infrastructure, we are besieged weekly by alarmist emails from the Northern Climate ExChange that describe flooding oceans, melting ice caps and blaming everything (hurricanes, earthquakes, hot spells, cold spells, wet seasons, dry seasons, etc etc all on global warming.

And their fav target is the Conservative Gov't. The one that is thrashing the Kyoto Protocol.

Why do we have a greenhouse gas problem. It is partly because of this same vocal group. I call them the Coalition of Anti's. They seem to be "anti everything" but never offer up their own solutions to issues. This green group won alotta battles and ultimately lost the war. They are responsible for the shut down of the budding nuclear industry in the 70's & 80's. Because they were scared sh*tless of meltdowns. And forgeddabout those hydro-electric dams. With an ever growing population, each nation had to make up electrical production demand instead with coal, oil & natural gas. Carbon emissions exploded across the globe. And now those same greenies want us to shut down these coal, gas & diesel facilities and go ... nuclear. They have little credibiity.

And it gets worse. Their false god ... the Kyoto Protocol. High emission user nations pay the low ones. In our case, to meet the 2012 targets, we can shut down Metro Toronto or pay Russian $7-Billion for carbon credits. $7-billion that should be used for hospitals, education or paying down the National Debt of $490 Billion ... goes to Russia's general revenues. And at this point, it begs the question "isn't it worth it to save the Earth? Well here's the scary part. If every one of the 67 countries that signed up to Kyoto all do their part, the UN has determined that the rise in ocean levels of 26cm by 2100AD, the increase in temp's by 2.3C by 2100AD, the increase in hurricanes by 2100AD ... all this and more ... is merely postponed to 2007. Seven years. And for Canadians we have that satisfaction for $7-Billion. And the Liberal Party and the NDP and the Green Party are all ok with that. Thank goodness we had Regime Change in January and clearer heads will prevail.
http://hutter.ca/environment.htm

Isn't it a bit ridiculous to draw attention to Canada's trifling national debt of $490 billion and yet insist that everything is ok with the United States of America in spite of its $8,000,000,000,000 debt?

I am pleased that you are opposed to the Kyoto Protocol. Canada' cannot possibly maintain America's cheap gasoline via its tar sands while abiding by Kyoto. Canada's a good colony of the United States of America. I appreciate it, I love to drive, and I don't mind the oceans rising up to swallow Florida. You know, the oceans won't rise up until after I am dead, so why should I care about the pollution generated by the oil & auto industries right now?

But you are right about one thing: You do live in an extraordinarily beautiful place. Those mountains and lakes of Canada are awesome. Too bad that they also are suffering from humankind's pollution and environmental degradation. In a perfect world none of these things would ever happen, but in a perfect world Homo sapiens would never have evolved.

David Mathews
http://www.geocities.com/dmathew1