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Kudlow’s Money Politics

Larry Kudlow’s daily web log of matters political and financial.

Communist Reincarnation in Latin America



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With much of the national attention and debate fixated on Iran and Iraq, a number of folks are missing the growing communist threat rifling through Latin America.

Ronald Reagan fixed this in the 1980’s with a strong, principled stand for democracy and backing the freedom fighters in El Salvador and Nicaragua. CIA Director Bill Casey undertook covert actions even in the face of left-wing Democratic congressional outrage and the stupid debate over the War Powers Act.

It worked in Central and South America, as the dominoes of democracy started falling everywhere.

Now, twenty years later, leftist governments are rearing their ugly heads in Venezuela, Bolivia, Argentina, and perhaps Mexico and Peru. U.S. oil companies are being nationalized. China is aligning itself with Cuba and Venezuela to explore and drill offshore oil just forty-five miles off the Florida Keys.

That begs the question, why isn’t the United States drilling there?

And, perhaps more importantly, what is our government policy regarding this burgeoning leftward tilt in Latin America’”which by the way is a safe harbor for a number of terrorist groups including Hamas, Hezbollah and Islamic Jihad, all of which are actively plotting to destroy the United States?

This is very serious stuff. The U.S. government needs a clear and aggressive response to this leftist revolt that threatens our hemisphere.

And by the way, what actions will our government take to defend our corporations from expropriation? Since when do we allow foreign governments to take over the assets of American companies?


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