"Is globalization about 'the eradication of world poverty,' or is it
a mutant variety of colonialism, remote controlled and digitally
operated?"--Arundhati Roy, Novelist
We are understanding more and more about Free Market Capitalism,
and how politics and business have become intertwined to erode our
democracies and steal from ordinary citizens. And more and more our
big corporations and fortunate sons have been invoking the name of
God to wage wars and to wage unrestrained Free Market Capitalism.
On her June 2001 visit to the United States, Sonia Gandhi, Indian
opposition leader, met with Vice-President Dick Cheney and many U.S.
lawmakers and in this occasion she began one speech with these words
"it was Porfirio Diaz, I think, who bemoaned Mexico's
fate of being so far away from God and so close to America.
Well, India has given the world four religions, welcomed
Christianity in the 4th century AD and has the world's second
largest Muslim population. We are entitled to turn Diaz around
and cry out how close we are to God but so far away from the
United States. But thanks to this congressional caucus, the
distance between India and America, both geographical and
otherwise, is being bridged."
Possibly Sonia Gandhi alluded to Enron's business in India when
she stated that the distance between India and America was being
bridged. We must understand that Enron along with its subsidiary
Dabhol Power Co. entered into an agreement to provide the Indian
state of Maharashtra with the delivery of electrical and other
energy power. This agreement included a memorandum of understanding
which was concluded in less than 72 hours. This agreement has been
labelled as the biggest scam ever plotted in India, and at a price
of US $35-40 billion is perhaps one of the largest civilian
contracts in world history. It was obvious that the Indian people
revolted against Enron-Dabhol Power Co. and refused to pay their
supposed unconstitutional obligations. As a consequence, Assistant
Secretary of State for South Asian affairs Christina Rocca summed up
India's investment problems with the five letter word "Enron."
Today, we learn that Vice-President Dick Cheney met Sonia Ghandhi on
June 27, 2001 for 25 minutes and raised the issue of a US
$64-million debt owed to Enron from a major energy project in India.
The morale of this story is just an example of how the Free
Market operates with the complicity of politicians on behalf of the
Few and Privileged and against the interest of ordinary citizens of
any country.
References:
Arundhati Roy interviewed by David Barsamian http://www.the-south-asian.com/Arundhati%20Roy-Interview1.htm
Sonia meets Cheney, lauds India caucus, Aziz Haniffa, India
Abroad Correspondent in Washington http://www.rediff.com/us/2001/jun/28us1.htm
DEMOCRAT TO AUTOCRAT: THE TRANSFORMATION OF PORFIRIO DIAZ http://www.mexconnect.com/mex_/history/jtuck/jtporfdiaz.html
Power to the people, but at what price? An interview with Abhay
Mehta, author of Power Play. http://www.indiatogether.org/interviews/abhay-enron.htm
Enron says not seeking U.S. sanctions against India, By Reuters,
Issue Date: Aug 23 2001 http://www.thestandard.com/wire/0,2231,28150,00.html
Cheney discussed Enron with Indian leader, By John King, CNN
Washington Bureau, January 18, 2002 http://www.cnn.com/2002/ALLPOLITICS/01/18/cheney.enron/index.html
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