My Latest Interview with Max Keiser: Chile Surpasses America in Economic Freedom

In 1970, Salvador Allende became the first Marxist elected President in a Latin American country.  That country was Chile – the country of my mother’s birth.  Upon election, Allende went on a massive nationalization and land seizure campaign as a means to accomplish his economic, social and political ends.  My mother was far from wealthy, but she could see the writing on the wall and fled Chile to the United States the following year.  It was a wise move, as less than two years later August Pinochet took over in a military coup and installed a 20 year dictatorship.

The United States provided a wonderful refuge for my mother and the country embraced her and gave her and her soon to be family wonderful opportunities.  While certainly far from perfect, the United States provided her the economic and political freedom she could never have had in Chile.

In a sad irony, Chile is now ranked well above the United States in economic freedom.  See this study from the Heritage Foundation.  Within her lifetime, the country of her birth has transformed from a dictatorship to more “free” than the United States.  This is beyond tragic and must be reversed immediately.  The banker coup of 2008 must never be forgotten.  We still need to deal with all of the criminals in the banking, corporate and political complex that looted this nation and have put us on this path of decline.  Until we clean out this trash, we will never recover.

All of this and much more in my latest interview with Max Keiser.  Enjoy!

Oh and the show is also dubbed in Spanish if you are so inclined.  En espanol here!

Like this post?
Donate bitcoins: 35DBUbbAQHTqbDaAc5mAaN6BqwA2AxuE7G


Follow me on Twitter.

1 thought on “My Latest Interview with Max Keiser: Chile Surpasses America in Economic Freedom”

  1. As a fellow second generation Chilean, I can attest to the paradox. My father’s family had enough prestige to hold onto their land, but I remember some of my fathers employees had no fingernails. Reminders of the good old days under Pinochet as well… What Friedman then did to that country left a bittersweet taste in the mouths of those who support a free market. People in the U.S. don’t realize the slippery slope we’re on, for such a coup would never happen here.

    Reply

Leave a Reply