"They're white-collar criminals, influence-peddlers and don't want things to change." Mexican presidential canidate Andres Manuel Lopez Obrador on Mexico's Business Coordinating Council (CEE), as quoted by Notimex, June 26, 2006.
"We have grown a lot, but the country has still not left hell." Argentine president Nestor Kirchner in a speech at the Spanish parliament, as quoted by Latin American Advisor, June 22, 2006.
"It's as if in the middle of a World Cup soccer game, the referee were writing the rules of the game" Venezuelan presidential candidate Teodoro Petkoff on the Chavez government’s possible plans to hold a referendum on whether Chavez can be re-elected again, as quoted by Andres Oppenheimer, The Miami Herald, June 15, 2006.
"Nicaraguans, like Peruvians, might decide they want to advance on their own terms without becoming vassals of an empire builder like Hugo Chavez." Stephen Johnson, Latin America analyst at the Heritage Foundtaion, on the upcoming Nicaraguan elections, as quoted by Latin American Advisor, June 14, 2006.
"It now has a better future because operating with an internal enemy complicates the situation." Peru’s president-elect Alan Garcia, on Venezuela’s exit from the Andean Community, as quoted by the Associated Press, June 13, 2006.
"Neighborhood bullies always have a limit when they run into somebody who puts them in their place." Peru’s president-elect Alan Garcia, on Venezuela’s president Hugo Chavez and his meddling in Peru’s elections, as quoted by Andres Oppenheimer, The Miami Herald, June 11, 2006.
"Palacio's math is that of a physician." María Gloria Alarcón, president of the Guayaquil Chamber of Commerce, on estimates by president Alfredo Palacios that Ecuador will only lose $26 million if Ecuador fails to reach a free trade agreement with the United States before losing trade preferances that expire this year, as quoted by Andres Oppenheimer, The Miami Herald, June 8, 2006.
"Latin American IPO Fiesta May Become Siesta" Headline of story in The Wall Street Journal, June 7, 2006.
"Do you think I want my tombstone to read: 'He was so stupid that he made the same mistakes twice'? " Peru’s president-elect Alan Garcia, vowing not to repeat the mistakes from his last government, as quoted by BBC, June 5, 2006.
"There will be no inflation. I am going to make absolutely sure of that, because the name my children will inherit depends on it." Peru’s president-elect Alan Garcia, vowing not to repeat the hyperinflation of his last government, as quoted by BBC, June 5, 2006.
"The US economy is a true bubble that threatens the world." Venezuelan president Hugo Chavez, announcing the possibility of selling oil in euros instead of dollars, as quoted by the Associated Press, June 1, 2006.
"We must save the world from American imperialism." Venezuelan president Hugo Chavez, announcing investment in Bolivia, as quoted by Bloomberg, May 26, 2006.
"A pessimist is a well-informed optimist." Paraguayan president Nicanor Duarte, commenting on his pessimism over the future of Mercosur, as quoted by Cambio Internacional, May 26, 2006.
"We have become a colony of Venezuela." Jorge Quiroga, former Bolivian vice president, commenting on the close relations between the governments of Hugo Chavez and Bolivian president Evo Morales, as quoted by The Wall Street Journal, May 25, 2006.
"In trade it’s not good to be monogamous. Polygamy pays more in international trade." Isaac Cohen, former Washington director of the UN Economic Commission for Latin America, commenting on the start of Central American trade negotiations with the European Union, quoted by Latin Business Chronicle, May 22, 2006.
"The truth is that all the stars are aligned in favor of Mexico, and that's what the numbers are showing." Alfredo Thorne, JP Morgan analyst, on the strong first quarter growth, as quoted by The New York Times, May 18, 2006.
"There’s a general feeling of nationalism, and bashing oil companies always goes down well." Political analyst Walter Spurrier, commenting on the Ecuadorian cancelation of its contract with Occidental, quoted by the Financial Times, May 17, 2006.
"Populism is a threat that we ignore at our own peril." Former Brazilian president Fernando Henrique Cardoso, in an interview with the Americas Society/Council of the Americas, May 16, 2006.
"We are a Europe against populist tendencies." Jose Manuel Barroso, President of the European Commision, at the EU-Latin America Summit in Vienna, May 12, 2006.
"This is the end of an era in which our natural wealth was auctioned off." Bolivian president Evo Morales, announcing the nationalization of gas and plans for further nationalization of mining and forestry, as quoted by Bloomberg, May 2, 2006.
"To Ollanta Humala, go comrade!" Venezuelan president Hugo Chavez, repaeting his support for Peruvian presidential candidate Ollanta Humala, as quoted by the Associated Press, April 30, 2006.
"It's a kind of blackmail." Eduardo Ferreyros, Peru's lead negotiator for the US FTA, on the demand by Venezuelan president Hugo Chavez that Peru and Colombia cancel their FTA with the United States to avoid Venezuela leaving the Andean Pact, as quoted by El Nuevo Herald, April 27, 2006.
"Today we are truly happy." Argentine president Nestor Kirchner on hearing that Anne Krueger was leaving as deputy director of the IMF, as quoted by the Associated Press, April 27, 2006.
"We are countries that produce goods that we don't consume, and consume goods that we don't produce." Costa Ricas president-elect Oscar Arias on his country's need to step up exports, as quoted by Andres Oppenheimer in The Miami Herald, April 20, 2006.
"There's no respect for rules." William Landers, manager of Latin American assets for Merrill Lynch Investment Managers, on Venezuela, as quoted by Bloomberg, April 19.
"The stars would have to align for this to be positive." Bear Stearns analyst Franco Uccelli on the potential Peruvian runoff between former president Alan Garcia and nationalist radical Ollanta Humala, as quoted by Bloomberg, April 11, 2006.
"They give us a sandwich today so that we can go hungry tomorrow" Mexican President Vicente Fox, warning against populist promises by politicians like Andres Manuel Lopez Obrador, as quoted by The New York Times, April 7, 2006.
"The problem with South America is that we have looked to the United States and Europe and admired their wealth, and we have looked to China and admired its growth, but we haven't thought about what we should be doing ourselves. It is like someone who envies his neighbour's new television set instead of trying to figure out how to buy his own TV." Brazilian president Luiz Inacio Lula da Silva at the World Economic Forum in Sao Paulo, April 6.
"He has been and will be a defender of poverty." Peruvian presidential candidate Lourdes Flores on the negative economic track record of her rival and former president Alan Garcia, as quoted by the Associated Press, April 4, 2006.
"The plundering of our natural resources must end." Bolivian president Evo Morales, at the IDB meeting in Belo Horizonte, quoted by Bloomberg, April 3, 2006.
"They began dating five years ago. They are dating five years later. There isn't much more activity than that." Harley Shaiken, director of the Center for Latin American Studies at the University of California at Berkeley, on the failed expectations of the Bush-Fox partnership, quoted by The New York Times, April 1, 2006.
"Mexico is an immigration addict." Rafael Fernandez de Castro at the Technological Autonomous Institute of Mexico, commenting on his country´s heavy dependence on remittances from the United States, as quoted by The New York Times, March 30, 2006.
"Mercosur is broken, so let’s fix it." Former Uruguayan president Luis Lacalle, quoted by Financial Times, March 21, 2006.
"The old bridge gave up. Let’s give it a round of applause, may it rest in peace." Venezuelan president Hugo Chavez, commenting on the collapse of the key bridge between Caracas and its airport, quoted by El Nuevo Herald, USA, March 20, 2006.
"As in the game of musical chairs, whoever doesn't find a spot in one of them, will be left out of the game." Columnist Andres Oppenheimer, predicting that there will be only three key free trade areas in the world, in The Miami Herald, March 5, 2006.
Free trade "has not only risen from the dead, but it's up and walking." U.S. Assistant Secretary of State Thomas Shannon, quoted by Andres Oppenheimer in The Miami Herald, March 5, 2006.
"We´ve got communist officials and capitalists here. This is not a love fest." Philip Peters from the Lexington Institute commenting on a meeting between Cuban energy officials and US energy companies in Mexico, quoted by El Universal Online, Mexico, February 5, 2006.
"The economy of America cannot advance, would not have been able to advance, at the same rate as it has without Mexican labor." Mexico's presidential candidate Felipe Calderón quoted by The New York Times, January 26, 2006.
"He can go to hell." Jose Vicente Rangel, Venezuela's vice president, on comments by US Sen. John McCain that the US should be less dependent on oil from "Iranian mullahs, and wackos in Venezuela", as quoted by Reuters, January 23, 2006.
"Land that is being hoarded and doesn't produce will revert to the state, and we'll redistribute it to people who truly need the land." Bolivian president Evo Morales in his inauguration speech January 22.
"Either he'll do well or he'll fall flat on his face and be ousted within a year" CS First Boston analyst Carola Sandy on Bolivia's new president Evo Morales, as quoted by Bloomberg, January 23, 2006.
"We better understand the vulnerabilities that our economy and our very lives have that when we're dependent on Iranian mullahs, and wackos in Venezuela." US Senator John McCain om Fox News, January 22.
"He can have all the petrodollars he wants, but that doesn't give him the right to destabilize the region." Peruvian President Alejandro Toledo on Venezuelan President Hugo Chavez' support of politicians in Peru and other countries, as quoted by Bloomberg, Jan. 11, 2006.
"Very well, let them go to hell" Jose Vicente Rangel, Venezuela's vice president, on the decision by opposition parties to boycott the December elections due to charges of insufficient electoral independence, as quoted by The New York Times, November 30, 2005.
"Do they want everyone to wear Mao jackets?" Hector Kolodny, executive director of the Argentine Industrial Chamber of Clothing, on a new law that requires Buenos Aires shops catering to adolescent girls to stock clothing in a minimum range of sizes, as quoted by The Wall Street Journal, November 26, 2005.
"It's like the old joke of the drunk who goes the wrong way on the highway and hears on the radio that some lunatic is going against the traffic. 'One?' he says. 'There are a thousand.' " Mexico's presidential candidate and former energy minister, Felipe Calderón, on what he sees as the authoritarian streak of leftist presidential candidate Andres Manuel Lopez Obrador, as quoted by The New York Times, November 16, 2005.
Comandante Chavez speaks out. (Photo: MINCI)
"We don't need to only bury FTAA, but also the capitalist model." Hugo Chavez at anti-US protest rally in Mar del Plata, Argentina, quoted by Bloomberg, November 8, 2005
"Miracles may exist, but most of us find it hard to believe in them." Columnist Andres Oppenheimer on the reversal of official Venezuelan statistics on poverty after pressure from Hugo Chavez, in The Miami Herald, November 2, 2005
"The FTAA is stalled, I agree." President George W. Bush, quoted by Bloomberg, November 2, 2005
"We are not going to give our vote to a poor man anymore. We did that with Aristide, and he stabbed us in the back. Now we want a man who knows how to make money." Casimir Jean-Claude, a 33-year old Haitian thinking of voting for US-Haitian businessman Dumarsais Siméus in the upcoming presidential elections, quoted by The New York Times, October 31, 2005.
"The businesses closed by the neoliberal system - factories and farms - are reopening, but it's done by the people." Elías José Jaua, Venezuela's minister of the popular economy, in The New York Times, October 30, 2005.
"Chavez scares the crap out of me." Jonathan Goodman, chief executive of Toronto-based Dundee Precious Metals Inc, quoted by Bloomberg, September 30, 2005.
"You can't keep driving a car faster than it's made to go or at some point you'll wreck the engine." Chile Central Bank president Vittorio Corbo, commenting on his efforts to slow down Chile's economy to avoid too high inflation, as quoted by Bloomberg, September 28, 2005.
"This is one step forward, one step back." Rafael de la Fuente, senior Latin America economist at BNP Paribas in New York, commenting on the Argentine government's mixed signals on paying debtors, as quoted by Bloomberg, September 28, 2005.
"It's an ongoing circus on the part of the government." Horacio Vazquez, treasurer in Buenos Aires of the Argentine Bondholders' Association, commenting on Argentine government's continued failure to reach an agreement with outstanding debtors, as quoted by Bloomberg, September 28, 2005.
"A Venezuela without private property is a Venezuela without freedom, without democracy, without dignity and without a private sector. A Venezuela without a private sector is a Venezuela condemned to starvation and poverty." Fedecamaras, Venezuela's business confederation in a statement Sept. 13, 2005.
"Fidel, I think you were always right: It's socialism or death." Venezuelan president Hugo Chavez at signing ceremony of PetroCaribe in Jamaica on Sept.6, 2005, according to the Associated Press.
"Globalization is here to stay. It would be easier to eliminate Mount Everest than globalization." Nobel Peace Prize laureate Oscar Arias, former Costa Rica president and leading candidate in 2006 elections, quoted by The Wall Street Journal July 15, 2005
"It's a pro-jobs bill. It's a pro-growth bill. It's a pro-democracy bill." President George W. Bush on CAFTA, as quoted by AP, July 15, 2005.
"This election won't be between me and other candidates. This will be between me and George Bush." Venezuelan president Hugo Chavez on the December 2006 presidential elections, according to Bloomberg, July 11, 2005.
"He thought he could come in and save the Titanic when the boat was already underwater." Martin Apaz, economist at Deloitte & Touche LLP in Buenos Aires, comments on Domingo Cavallo and his return to Argentine politics, according to Bloomberg, July 8, 2005.
"Law enforcement in Mexico is all too often part of the problem rather than part of the solution." Anthony P. Placido, DEA's acting assistant administrator for intelligence, in a recent appearance before the U.S. Congress, as reported by The New York Times, July 5, 2005.
AND FAVORITES FROM THE PAST
"Arnoldo, I never imagined you would betray the people like this." Nicaraguan president Enrique Bolaños, accusing his predecessor Arnoldo Alemán of taking $95 million of public funds for personal use, as quoted by The New York Times, August 8, 2002.
As "polite and careful as a monkey in a china shop." Brazilian newspaper Jornal do Brasil, on US Treasury Secretary Paul O'Neill, as quoted by The Wall Street Journal, August 2, 2002.
"Capitalism is the enemy of humanity." Bolivian politician Evo Morales, quoted by the Financial Times, July 30, 2002.
"They need to put in place policies that would ensure that as assistance money comes it does some good and it doesn't just go out of the country to Swiss bank accounts." US Treasury Secretary Paul O'Neil, to Fox News, July 28, 2002
"Very high ranking (Colombian) officials and some press outlets began to dance before the orchestra arrived." Venezuelan Foreign Minister Roy Chaderton, commenting on Colombia's recognition of the brief government that followed the April ouster of Hugo Chávez, quoted by the Associated Press, July 22, 2002
"I have handed over command to Jesus, the model leader ... this is the boss, my commander." Venezuelan President Hugo Chávez, quoted by Reuters, July 14, 2002.
Week of June 24, 2002
"It's like a husband who cheats on his wife 365 days a year and then sends her flowers promising to be faithful." Nathan Blanche of the economic consultant Tendências Consultoria in O Estado de São Paulo, quoted by The New York Times, June 25, 2002.
Week of June 3-10, 2002
"Do you know the kind, the volume and the magnitude of corruption that exists in Argentina?" Uruguyan President Jorge Battle to Bloomberg TV, according to the Financial Times, June 3, 2002
"Venezuela could use a professional marriage counsellor, there really isn't any kind of constructive dialogue at the moment." Miguel Diaz, director of the South America Project at the Center for Strategic and International Studies in Washington, quoted by the Financial Times, June 3, 2002.
"The person who stands in a queue for hours to buy dollars is voting with his feet." Roberto Cortés Conde, economic historian, quoted by the Financial Times, June 3, 2002.
Week of May 20-27, 2002
"Throwing worn-out wallpaper over a cracked foundation." U.S. Senator Chris Dodd (D-Connecticut) on President George W. Bush's new Cuba policy of offering a gradual ease of the embargo when and if Cuba gradually opens up, as quoted by The Wall Street Journal, May 21, 2002.
"Colombia spends a lot on corruption and petty politics and very little on investment and infrastructure." Colombian presidential candidate Alvaro Uribe, quoted by La Vanguardia, May 20, 2002.
"We don't want Europe's gifts of milk or agricultural products. We want it to open its markets." Peruvian President Alejandro Toledo at Madrid EU-Latin America Summit, quoted by The Wall Street Journal, May 20, 2002.
Week of May 13-20, 2002
"Neo-liberalism is the way forward - to hell!" Venezuelan President Hugo Chávez, quoted by Reuters, May 17, 2002.
"Let me work, for God's sake." Peruvian President Alejandro Toledo to critics of his nine-month old administration, as quoted by the Financial Times, May 15, 2002.
"Business is booming again in Argentina -- if you are a lawyer." Dow Jones article in The Wall Street Journal, May 13, 2002.
Week of April 29-May 6, 2002
"It is the same Chávez, the same Chávez as always." Venezuelan President Hugo Chávez speaking about himself in an interview with The New York Times, May 3, 2002.
"I didn't study in university to buy and sell eggs." Argentine architect Monica Guerra, forced by the crisis and bank restrictions to sell eggs rather than her original work, quoted by The Wall Street Journal, May 1, 2002.
"Argentina's biggest export at the moment is the job resume." Financial Times in an April 29, 2002 article on the effects of the Argentine crisis.
Week of April 22-29, 2002
"What kind of country is this that there is no money anywhere?" Aurora Melgar, a Buenos Aires photo shop assistant trying to find teller machines with cash, quoted by The New York Times, April 25, 2002.
"Duhalde has no clue about where he wants to go. He jumps all over the place." Federico Thomsen, chief Argentina economist, ING Barings, quoted by the Financial Times, April 24, 2002.
"This is a government already in default on billions of dollars in debt, so who is going to believe that any piece of paper with their name on it has any value at all?" Reynerio Fernández, a demonstrator protesting the government's plan to convert frozen savings into 10-year bonds, quoted by The New York Times, April 24, 2002.
"I feel like I'm watching a country slowly commit suicide." Ignacio Sosa, a portfolio manager at Boston-based OneWorld Investments LP, as quoted by The Wall Street Journal, April 23, 2002.
"If it weren't for the foreign tourists, God bless them, we wouldn't be selling anything at all." Enrique Pardini, manager of a downtown shoe store, quoted by The New York Times, April 23, 2002.
"His image is one of somebody who was put there to make things work. And it ain't working." Argentine political analyst Felipe Noguera, on President Eduardo Duhalde, as quoted by The Wall Street Journal, April 23, 2002.
Week of April 15-22, 2002
"I don't have a Plan B." Argentine president Eduardo Duhalde, on plans beyond getting IMF aid, quoted by La Nación, April 21, 2002.
"Defending democracy by undemocratic means destroys democracy." US Secretary of State Colin Powell at a OAS meeting denouncing the ouster of Venezuelan president Hugo Chávez, as quoted by The New York Times, April 19, 2002.
"A blink-and-you-missed-it coup." The Wall Street Journal, describing the failed coup against President Hugo Chávez in Venezuela, in an article on April 19, 2002
"We do not hate, that is a lie. There is no hate in my heart for the upper classes of Venezuela. We are not in a time of hate. We are in a time of love." Venezuelan President Hugo Chávez, at a press conference, as quoted by The New York Times, April 16, 2002.
"I say to the IMF, if you are asking for that, you're crazy." Argentina's economy minister Jorge Remes Lenicov, on IMF pressure to fire provincial state bureaucrats before releasing new credit, as quoted by the Financial Times, April 15, 2002.
Week of April 8-15, 2002
"There isn't going to be any retaliation, no witch hunt. I haven't any thirst for revenge." Hugo Chávez, after he returns to Venezuelan presidency, as quoted by Reuters, April 14, 2002.
"Hugo Chavez, thank you for your services. You are fired." Posters seen at Caracas protests, reported by Bloomberg, April 12, 2002.
"I'm not obsessed with being president. I am Hugo Chávez, a soldier, carrying out my duties." Hugo Chávez in his last speech before being ousted as president, as quoted by the Financial Times, April 12, 2002.
"The situation is absolutely normal in the military field." Venezuela's Defense Minister José Vicente Rangel, after another senior officer publicly criticized the country's president - the sixth officer to do so the past nine weeks, as quoted by The New York Times, April 11, 2002.
"The reality is you don't have business as usual." Lawrence J. Goldstein, president of the Petroleum Industry Research Foundation, commenting on PDVSA strike, quoted by The New York Times, April 9, 2002.
"Everything is normal." Energy and Mines Minister Álvaro Silva, commenting on the same strike, quoted by The New York Times, April 9, 2002.
"The story's over ... all those who come out and protest in public or call for a strike are automatically fired." Venezuela's President Hugo Chávez, on the firing of striking PDVSA executives, as quoted by The Wall Street Journal, April 9, 2002.
"We're talking about the future of the nation ... the decision to fire these people is just unacceptable." Pedro Carmona Estanga, president of Venezuelan business group Fedecamaras, as quoted by The Wall Street Journal, April 9, 2002.
"I can do away with all of them." Chávez on the striking executives at PDVSA, as quoted by The New York Times, April 9, 2002.
Week of April 1-8, 2002
"There are many which do not pay at all. We will have to slaughter some sacred cows. The rich will pay as the rich should and the poor as the poor should." Costa Rican Finance Minister Alberto Dent, on his proposal for a 20 percent tax hike, as quoted by the Financial Times, April 5, 2002.
Week of March 25, 2002
"We just don't believe them any more." Unnamed U.S. official talking about the Argentine political elite, as quoted by the Financial Times, March 31, 2002.
"Because I was an idiot." Peruvian novelist Mario Vargas Llosa on why he ran for his country's presidency, quoted by The New York Times, March 28, 2002.
"Let the dollar go to nine pesos — what does that have to do with my government?" Argentine President Eduardo Duhalde according to The New York Times, March 26, 2002.
"If the government can just arbitrarily change contracts, how can you feel safe about any business relationship here in the coming months?" Foreign diplomat in Argentina quoted by The Wall Street Journal, March 25, 2002.
Week of March 18, 2002
"The Peruvians care more about alpaca than Al Qaeda." Michael Shifter, Inter-American Dialogue, quoted by The New York Times, March 24, 2002.
"President Bush's visit is not a visit by Santa Claus." Peruvian Foreign Minister Diego García-Sayán, on the unrealistic high expectations in Peru before President Bush's visit, as quoted by The New York Times, March 24, 2002.
"The Senate is mañana-ing this to death." Unidentified Andean leader in meeting with President Bush, commenting on Senate delay to approvae extending the ATPA, as quoted by a White House official according to The New York Times, March 24, 2002.
"Getting rid of Chavez is more difficult than trying to knock down a mule by pinching it." Venezuelan President Hugo Chávez, on latest round of protests, as quoted by Reuters, March 21, 2002.
"Two-bit terrorists aren't going to prevent me from doing what we need to do... You bet I'm going." President Bush to reporters on March 21, 2002, commenting on terror attacks in Lima before his scheduled visit.
"Ecuador's leftwing and rightwing parties are ideological dinosaurs, unenthusiastic about privatisation." Unnamed foreign analyst in Ecuador, quoted by the Financial Times, March 21, 2002.
Week of March 11, 2002
"All of our economy ministers have gone to Harvard -- to learn what? To rob the country?" Unnamed Argentine woman, quoted by Reuters, March 17, 2002.
"The developing world has all the resources necessary to achieve levels of development of the developed world." Otto Reich, Acting U.S. Assistant Secretary for Western Hemisphere Affairs, quoted in The New York Times, March 13, 2002.
Week of March 4, 2002
"Macro-economic populism is dead." Sebastian Edwards, ex-Latin America economist at the World Bank, at IDB conference, as quoted by the Financial Times, March 10, 2002.
"Being a politician in Colombia these days is synonymous with being a bandit." Finance Minister Juan Manuel Santos, quoted by the Financial Times, March 8, 2002.
"This president is the first in Guatemala's history that has not obeyed them." Guatemalan President Alfonso Portillo, accusing his country's elite of a plot to discredit him, quoted by the Financial Times, March 7, 2002.
"The army is poor, as poor as a Franciscan monk." Military analyst and author Alfredo Rangel in the Financial Times, March 6, 2002, commenting on the Colombian army and its chances against FARC terrorists.
"This makes the FTAA look like a distant dream," Santiago Millan, chief Latin America economist at HSBC Bank in New York, after the U.S. slapped tariffs and quotas on steel from Brazil and other countries, quoted by The Wall Street Journal, March 6, 2002.
"Crime is the primary obstacle to development in Latin America." Honduran President Ricardo Maduro, in The New York Times, March 5, 2002.
"I personally would invest in the construction of an assisted living facility in downtown Kabul before I would put one nickel in Venezuela." Jerry Haar, director of the Inter-American Business and Labor Program at the North-South Center, in Latin Business Chronicle, March 4, 2002.
"I did everything I could to get fired." Guaicaipuro Lameda, ex-head of PDVSA, on his efforts to run the company professionally, quoted by Associated Press, March 4, 2002.
Week of February 25, 2002
"If every Chinese ate one Ecuadorean banana every day that would solve our problems." Ecuadorean President Gustavo Noboa, quoted by the Financial Times Feb. 28, 2002
"That those who have earned extraordinary sums - important companies, exporters - should pay an extraordinary tax, yes, that is something we're working on." Argentine president Eduardo Duhalde, quoted in the Financial Times, February 25, 2002
Week of February 18, 2002
"Certainty isn't won overnight by decree or by putting yourself on television saying, 'Believe me.'" Argentine Economy Minister Jorge Remes Lenicov quoted in The Wall Street Journal, February 21, 2002
Week of February 4, 2002
"All this is doing is rearranging chairs on the deck of the Titanic." Arturo Porzecanski, ABN-Amro, on the latest Argentine currency restrictions, quoted by The Wall Street Journal, Feb. 6, 2002
"Dollarization would have been good for Argentina." John Taylor, U.S. Treasury Department's undersecretary for international affairs, in a U.S. Congress hearing February 6, 2002.
"Trying to get Argentines to use the peso is like forcing them to watch black-and-white television when what they really want is colour." Arturo Porzecanski, emerging market economist at ABN-Amro, on why Argentina will eventually dollarize, quoted in the Financial Times, February 4, 2002.
Week of January 28, 2002
"They will do it when they see how stupid they have been." Joyce de Ginatta, Ecuador's top proponent of dollarization, on why Argentina will follow the same path, quoted by The New York Times, February 2, 2002
"This is not like on your computer screen, when you see how long it takes to download the program." IMF External Relations Director Thomas Dawson, commenting on Argentina's economic plans, at a press briefing in Washington, January 31, 2002.
"The revolution will democratize urban property. Like it will democratize rural property." Hugo Chávez' reply to a Caracas protest policies, January 24, 2002
Week of January 21, 2002
"They're never coming back. They can forget about it. What's coming here is revolution, revolution and more revolution, for 300, 500 years." Venezuelan president Hugo Chávez, commenting on opposition protests in Caracas, January 23, 2002.
"Are they going to ban car sales because criminals use cars to kidnap?" Unnamed official at Brazilian telecom regulator Anatel, commenting on porposal to ban prepaid mobile phones in an effort to fight rising crime, as quoted by The Wall Street Journal, January 23, 2002
"I'm less pessimistic than I was a week ago, but I'm still pessimistic." Santander Central Hispano Chairman Emilio Botin, commenting on Argentina, as quoted by The Wall Street Journal, January 23, 2002
"The relationship of the National Action Party with the president is as cozy as a snake pit." New York Times Mexico Correspondent Ginger Thompson writing on the relationship between President Vicente Fox and his own party, January 21, 2002.
Week of January 14, 2002
"Even if a fat lady puts on a corset, she's going to explode if she continues to overeat." Spanish economist and Madrid university professor Pedro Schwartz, commenting on Argentina's combination of dollar-peso peg and increased spending and borrowing, as quoted by The Wall Street Journal, January 15, 2002.
Week of January 7, 2002
"Mercosur should be a football [soccer] championship, not a commercial pact." Sebastian Edwards, former Latin America economist for The World Bank, quoted by CNN, January 9, 2002
"They say that with Duhalde assuming office and his speeches, Argentina has gone back more than 30 years. I think it went back by more than 40 years." Carlos Menem, leader of the ruling Peronist party and Argentina's president 1989-99, quoted by Clarin, January 9, 2002.
Week of December 31, 2001
"Devaluation never ends, all it does is give the government an excuse to print money." Ricardo Greig, 74, who shut down his school uniform factory last month, as quoted by Bloomberg, January 5, 2002.
"In foreign affairs, I am a polygamist." Argentine Foreign Minister Carlos Ruckhauf, stating how his policy will differ from the Menem government's "carnal" relations with only one partner (the United States), as quoted by La Nacion, January 4, 2002
"This is almost like a new French Revolution." Argentine legislator Elisa Carrio, on the crisis in Argentina, as quoted by The Guardian, January 4, 2002
"If we are dancing a tango, this is the part where we take a couple of steps back." Argentine pollster and consultant Felipe Noguera, commenting on the change of government, as quoted by The New York Times, January 3, 2002
"My commitment, starting from today, is to do away with an exhausted economic model." Eduardo Duhalde, quoted by The Wall Street Journal, January 2, 2002.
"We are in a climate of civil war." Argentine senator and former vice president Eduardo Duhalde, quoted by The New York Times, December 31, 2001.
"The wolves, or the lobbies, that are on the loose haven't understood the essence of these new times and they want to maintain the privileges of the old Argentina." Argentina's interim president Adolfo Rodriguez Saa in his resignation speech, quoted by The Wall Street Journal, December 31, 2001.
"They're all a bunch of thieves, those politicians, the whole lot of them, and we want to see them all gone." Claudia Guzzo, a demonstrator outside the seat of government in Buenos Aires, quoted by The New York Times, December 31, 2001.
Week of December 24, 2001
"It's a worse attack on our culture than if they had torn down the cathedral of Oaxaca and built a McDonald's over it." Greenpeace activist Hector Magallone commenting on a report that genetically modified strains of corn had been found in Mexico despite a ban, as quoted by the Associated Press, December 30, 2001
Week of December 17, 2001
"This is an election to choose the president, not the Miss Brazil contest." Rio de Janeiro Governor and presidential candidate Anthony Garotinho, commenting on the increased focus on a possible female presidential candidate, as quoted by The New York Times, December 19, 2001.
"There is no problem when trade is coming back and forth across the border. What causes the problem is when an individual who's Mexican is bringing it across." Fernando Chavez, lead attorney in Mexican truckers' $4 billion lawsuit against the U.S. government for violating NAFTA, as quoted by the Associated Press, December 18, 2001.
"Chávez has achieved a real miracle: He's united businessmen, workers, priests, media, vendors, teachers and even public employees and the peddlers...against him." José Luis Cordeiro, writing in El Universal, Caracas, December 17, 2001
"The cupboard is bare. It's not any more bare because Marx is gone," James Barrineau, economist, Alliance Capital Management Inc., quoted in The Wall Street Journal, December 17, 2001, commenting on the resignation of Argentine finance secretary Daniel Marx.
Week of December 10, 2001
"Not only can we nationalize any bank, any banker that does not abide by the law could go to jail." Hugo Chávez, quoted by the Associated Press, December 15, 2001.
"Nobody and nothing will stop this revolution." Hugo Chávez, quoted in The Wall Street Journal, December 11, 2001
Week of November 26, 2001
"A strike from Fedecamaras would be a welcome addition to the curriculum vitae of a revolutionary." Hugo Chávez, quoted in Financial Times, November 28, 2001
Strictly Necessary Cookies
Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.
If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.