López-Obrador Opens Fire at IMF

14 de abril de 2007

<body><div id="article"><tr><td height="28" valign="middle" width="184"></td><td valign="middle" width="185"></td></tr><h1>López-Obrador Opens Fire At Imf</h1><p>Apr 14 (EIRNS)--The IMF recommends everything "which harms Mexicans." The IMF is not coming to recommend that the government create productive activities and create jobs, or that it combat poverty. They recommend that "we hand over the natural resources, the patrimony of the nation ... the oil," Andrés Manuel López-Obrador said during an April 13 organizing trip to Veracruz. (See www.lopezobrador.org.mx) The Mexican resistance leader was responding to IMF Managing Director Rodrigo Rato's "recommendation" on April 12, that Mexico hurry up and hand over its oil to private financiers.</p><p>López-Obrador, who ran for President of Mexico and was defeated in last July's election by Felipe Calderón, in an election characterized by widespread accusations of vote fraud, had taken up the IMF issue on occasion during his campaign, and at one point had gone so far as to announce that, as President, he would engage in "Argentine-style" debt negotiations, a reference to Argentine President Nestor Kirchner's sovereign write-down of bonded debt that was strangling that nation. But since then, López-Obrador had scarcely mentioned the IMF, until now.</p><p>López-Obrador noted that there is no point trying to give advice to President Calderón's humongous Treasury Secretary Agustin Carstens, because, as the former #2 to Rato at the IMF, Carstens "grew up at the IMF. He's an IMF baby." Instead, Mexicans have to be prepared to "shut the country down," if the Calderón government tries to privatize Mexico's oil industry, he said.</p><p>López-Obrador pointed out that the IMF only dared recommend the oil grab, because the Calderón government succeeded in March in passing a public sector pension reform which hands those workers' pensions over to the banks. Funny thing: one of the top three banks in Mexico whose business will thus soar, is the Spanish Santander Bank, which is owned by Emilio Botin, a fourth generation oligarchic banker who likes to brag that he "owns" Rodrigo Rato, and has done so since Rato served as Spain's Finance Minister in the fascist-loving government of José Maria Aznar (1996-2004), before taking charge of the IMF.</p></div></body>