Narco-Banking
Destroys an Economy
January 1, 2001
Narco News 2001
The Narco News
Bulletin: narconews.com
"The Name
of Our Country is América" - Simón Bolívar
Ecuador Held Captive
by P.J. Peralta
Att: Al Giordano
I
find your information revealing and
revolutionary. You mention countries such as Peru, Chile and
Mexico as being in the grips of US agency drug cartels. The recent
revelations about Peru and Chile have proved what some newsmen
and other interested people had been saying for years. In the
case of Peru, the relationship is obvious: Montesinos was the
CIA man for Peru and at the same time he was conducting the Peruvian
intelligence. You are missing, however, the case of Ecuador.
Janet Reno said in 1999 that Ecuador had
been sending 10 tons a month of cocaine for quite some time.
This was on the occasion of the "Millennium" operation
in Feb. 1999, that seized 3 tons of cocaine in Quito. This caused
the withdrawal of narco-money from the banks and the failure
of the banking system.
In order to accelerate this failure, the
government of Ecuador approved a tax that penalized every banking
transaction with a 1% tax. All this was done in order to "dollarize"
Ecuador by making the US dollar the official currency in Ecuador.
The same approach has been undertaken in El Salvador and Guatemala.
Most informed people in Ecuador agree
that Ecuador is a transit country for Colombian drugs. Shipments
are made in containers, protected by the authorities. And this
has been going on for more than two decades. Ecuador was instrumental
in the first cocaine shipments to Eastern Europe, through barter
banana shipments in exchange with faulty cars and machinery.
Ecuador was graciously allowed to be the first South American
country to undertake this sort of business with the former socialist
countries. There is no doubt that the cocaine trade had a lot
to do with the creation of the mafias that are running the present
corruption in those countries. This was the work of the CIA.
In order to conduct the drug trade, Ecuador
has been held captive by a group of corrupt individuals that
some think has no more than 400 members.
Others think it is about 1,000. They control
the principal political parties, and the main political party
controls the courts and the police. The dominion of the justice
system has allowed total impunity to these people and they have
proceeded to rob the country bare. The bank collapse - engineered
by the same people - has produced a loss of 5 billion US dollars.
In 1999, the Gross National Product fell by 40% and Ecuador is
now one of the poorest countries in Latin America, with a per
capita income of only $1,000 US dollars.
The "owners" of the country
are, however, counted among the richest in South America and
in the world.
If ever a CIA government has been successful
in Latin America, it is the one in Ecuador. These people control
the media, the political parties and the courts. No opposition
voices can be raised against the "Colombian Plan" or
against the "war on drugs" policies. Tens of thousands
of poor people have been jailed on drug charges, while the main
figures of the "official" cartel have been running
the country.
The war on drugs has been used to promote
corruption which has become the main ideology for local politicians.
Every decade about 20 billion US dollars have been taken from
Ecuador to Miami banks. So far three thousand individuals have
arrest orders that have never been complied.
Most of these people live in Miami, and
they can not be extradited. The US is the only country that has
not signed the Anticorruption OAS Convention. This means that
there is some sort of organized corruption going on in these
countries, which allows the corruption-extracted funds to flow
to the US.
The same people running the corruption
schemes are the ones running the drug trade. This is the result
of the CIA government in Latin America. I wish your reporters
would make some investigation about the case of Ecuador, the
most successful narco-country in South America.
Regards,
P.J. Peralta
Operation Authentic
Journalism