Saturday, March 21, 2009

Bananas Update: El OJefe

clipped from www.forbes.com

"But you don't understand," the Colombian said. "We've seen this before."

"He's right, my good friend," the Cuban said. "We Latin Americans know the pattern. Believe me we do."

The American tried to shrug off the Latin Americans' warning. To his consternation, he found that he couldn't. Peron, Fidel, now Chavez, they insisted. The emergence of misrule, corruption and economic stagnation in Latin American nations follows a particular sequence or progression. Now the sequence was unfolding in the United States.

"It starts with a cult of personality," the Cuban explained. "One man declares himself the jefe, the caudillo, the big leader."

"After the cult of personality," the Colombian explained, "what comes next is nationalization."
"The last step?" asked the Cuban. "Censorship.

A cult of personality, nationalization and censorship.

And we're about to have the currency to match.