Thursday, June 19

Eliana Karp is pure 'retro'

Reuters First lady rails at 'pillage' of Peru's resources: "She was apparently referring to the fact that some foreign mining and power companies took advantage of a law in former President Alberto Fujimori's government that allowed double depreciation for companies involved in mergers." Just as Toledo harks back to the "Love and Peace" era of Berkley when he addressed Stanford graduates, his wife applies the old "You're exploiting our natural resources" complaint. This kind of logic led to the nationalistic expropriations of the 1970s.

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