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To: CommanderCricket who wrote (7403)	5/2/2006 11:34:49 AM
From: aknahow	Respond to of 8010

Garcia was a terrible president. I lived in Peru before he was elected. At that time he was young, dynamic and energetic. He was and probably is still a great speaker. It was a shock to later see what a mess he left. Never thought he would ever again run for any office in Peru. An elderly Peruvian woman in the states told me two years ago he would run and stood a good chance of winning. It is impossible, for me, to really make any prediction of what he will do. He was fondly know as, El loco. But this nick name was given because he apparently did/does have some problems. There are however better meds than ever so this issue may never become a problem. Peru face serious, complicated problems. Even the pest person with the best intentions probably would not be up to the task. Any "correct" economic steps can be distorted by the opposition and lead to civil discontent.

To: CommanderCricket who wrote (7403)	5/2/2006 7:09:30 PM
From: TobagoJack	Respond to of 8010

<<Wondering what Garcia would do also as I own quite abit of SLW>> do not wonder, skip the praying, dial 1.800.get.me.out and fast

To: CommanderCricket who wrote (7403)	5/2/2006 7:23:54 PM
From: LoneClone	Respond to of 8010

Here's what both Garcia and Humala have said about the Bolivian nationalization. weblogs.elearning.ubc.ca May 02, 2006 Evo Morales Announces Nationalization of Oil and Gas In a surprisingly radical move, President Evo Morales of Bolivia annouced the nationalization of oil and gas refineries in Bolivia. He promised that this is the first in a wave of expropriations in other sectors including mining, forestry and land. The nationalization involves the transfer 51% of shares of oil and gas firms to the state. Foreign firms would be given 18% of oil and gas revenues during a 180 days period as they renegotiate their contracts. With these measures, Morales affirms that Bolivia will recover control over natural resources. The state will assume control over industrialization and distribution of oil and gas. The reaction in Peru has been swift. Eduardo Garivoto, spokesperson for the UPP, said that Ollanta Humala do not propose to expropriate private firms. The goal of UPP is a mixed economy, something in between a strictly neoliberal market and a centralized and planned economy. Speaking in the Ventana Indiscreta with Cecilia Valenzuela, Alan Garcia said he thought Bolivia's Evo Morales was making a mistake, but he blamed Hugo Chavez, the president of Venezuela. According to Garcia, Chavez can pursue confrontational policies because it has a immense quantities of oil and that allow him to engage in "tropical fantasies," but Bolivia has small reserves and a low per capita income and can ill-afford to enter into confrontation with foreign investors. Bloggers: See "Bolivia nationalizes oil- and gas resources" in Un Lobo in Peru and "La primera estatización del siglo XXI" in Gran Combo Club for more. Update May 2: Reactions covered by local media have been added below.