Want a free holiday to Nicaragua? Feel like being oppressed?

4 05 2008

If you’ve answered yes to the above questions, please click the link below and find out how you can enjoy ‘the holiday of a lifetime’. But remember, please come with a complacent and apathetic sense of being.

“These people don’t want the population to have a role, to play a part,” he said.”

Is Nicaragua the new Cuba?

“Last year, Nicaragua and Venezuela signed a deal that opposition leaders and budget experts say has given Mr. Ortega’s administration essentially a slush fund outside the national budget, worth hundreds of millions of dollars a year.

Under the deal, Venezuela supplies Nicaragua with about 10 million barrels of oil a year, enough to cover all the country’s energy needs. Nicaragua pays half the market price and has 23 years to pay off the rest at 2 percent interest. The deal hands Nicaragua what amounts to a large low-interest loan every month for infrastructure projects and social programs.

But the loans are not reflected in the national budget, since the transactions are handled through a quasi-public company called Albanisa and the state-owned oil company, Petronic. (The treasurer of the Sandinista party, Francisco López, also runs Petronic and is a vice president of Albanisa.) The Ortega administration has never given a full accounting to the legislature of how the money is spent.”

Which rapper was it that said ‘life’s a bitch and then you die’?

News VIA NewYork Times

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