Bechtel vs. Bolivia: The People win!

The Cochabamba water revolt – which began exactly six years ago this month – will end this morning when Bechtel, one of the world’s most powerful corporations, formally abandons its legal effort to take $50 million from the Bolivian people. Bechtel made that demand before a secretive trade court operated by the World Bank, the same institution that coerced Bolivia to privatize the water to begin with. Faced with protests, barrages of e-mails, visits to their homes, and years of damaging press, Bechtel executives finally decided to surrender, walking away with a token payment equal to thirty cents. That retreat sets a huge global precedent.
**************************************

POWER TO THE PEOPLE !!!! :-)

As I keep on saying, a new wind of change is blowing in South America!

We shall wait and see if Obrador wins in Mexico and Humala in Peru.

Then Ecuador, Paraguay, and Colombia would be next. A domino effect has certainly begun in South America after Chavez won the presidency in Venezuela!

"An ignorant people is the blind instrument for its own destruction." - Simon Bolivar

peace, love

Jure