In.a review of the movie Inside Job, I wrote the following:
As one senator (Ron Paul) pointed out, since the total bank bailouts eventually came to $17,000 per person, with no discernable economic benefit, you might have just given the money directly to the individual Americans. The results could hardly have turned out worse, and might well have turned out better. Debts would have been paid down, new purchases made, small businesses started.
There is a reason that Big Business used to
Corruption is at least as rampant among leaders of South American countries as it is in the United States. We can see this from recent examples in Colombia, Brazil, etc., too.
But I just thought I should point out that he was not a communist. There is a communist party in Peru that hasn't gotten very far recently. But Alan Garcia was not a communist. In fact, he was a neo-liberal who ran well to the right of the Socialists. His party is considered center-left or moderate. Not that he wasn't
I was in Lima, Peru, in 1985 the day he was installed into office as President, and the Lima airport was a madhouse of people trying to get out of the country.
I, my wife, and my newborn son were among them, at the airport to escape.
In addition to a $50 exit visa for Americans, , had to pay one of the airport mafia $50 to get my and my wife's airline tickets validated and stamped.
They went to the head of a very long line, and jumped the counter and "chatted" with the agent