Ecuador Chooses Stimulus over Austerity
Ecuador’s President Correa again won the presidency in the country’s recent election. In addition, his party won more than a 2/3 majority in the national congress. This means that he now has the power to change the constitution without a national vote. Essentially, he has no opposition that matters.
People are beginning to wonder about the implications of this unlimited power. Two serious conflicts already loom on the horizon as a result of Correa’s desire to again alter the path Ecuador will follow. One is a possible war in the Amazon. Another could mean the wholesale introduction of GMO’s into the country.
As was expected, Correa won the election handily, with more than 57% of the vote. His closest rival gained only 24%. It makes me wonder if some of the multitude of other candidates got any votes at all other than from family and friends.
“This victory is yours. It belongs to our families, to our wives, to our friends, our neighbors, the entire nation,” Correa said. “We are only here to serve you. Nothing for us. Everything for you, a people who have become dignified in being free.”