Today (11/28) there's an editorial about Latin America that contains such gems as these:
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Declining oil prices, and the declining stature of President Hugo Chávez of Venezuela, will also make Mr. Obama’s task easier.
We have no patience for Mr. Chávez’s corrupt and autocratic ways. But the Bush administration did enormous damage to American credibility throughout much of the region when it blessed what turned out to be a failed coup against Mr. Chávez.
The Venezuelan leader has played anti-American sentiments for all they are worth. And he has spent a chunk of his country’s abundant oil riches to prop up the Castro brothers and finance a wider anti-American bloc. He no longer has as much cash to spread around. And his own citizens have lost patience with his failed revolution.
Mr. Chávez’s decline also poses some new challenges. The finances of Cuba as well as Argentina, Nicaragua or Honduras could deteriorate rapidly if Venezuela decides to cut back its deliveries of cheap oil and billions in aid. Washington must be prepared to help, either with its own aid or by rallying support from international lenders.
http://www.nytimes.com/2008/11/28/opinion/28fri1.html-------
In other words, the basic thrust of the editorial is that the U.S. should keep manipulating Latin America for the benefit of its corporations.
I wrote a comment under another name (glad to see that it has more recommendations than any other so far), but a lot of the commentators are accepting the editorial writers' assumptions.