Mission Statement - True North is not for
The Bush ‘We Care’ slogan will not placate
survivors of millions killed by US puppets
missing from media reports on last weekends visit to
Laughter in the court
of Judge Harold Wright
Judge Wright hears an argument for an arrest warrant for man who
deserted from the army 51 years ago. — 80 words.
Chavez uses oil to
IMF out of Latin America
Christopher Swann of Bloomberg says Venezuelan President Hugo
Chavez is squeezing the International Monetary Fund out of Latin America, the
region that once accounted for most of its business. IMF lending in the area has
fallen to $50 million, or less than 1 percent of its global portfolio, compared
with 80 percent in 2005. Meanwhile, Chavez has used his oil wealth to lend $2.5
billion to Argentina, offer $1.5 billion to Bolivia and hold $500 million out to
Ecuador. — 859 words.
despite Chávez bravado
Mark Turner, Latin America equities analyst at Hallgarten, writes in
The Banker that despite all the hue and cry of alarm about the Bolivarian
Revolution of Hugo Chavez, the Venezuelan banks are both calm and thriving.
Turner tells us that “ . . . this controversial figure has been misrepresented
in English-speaking media and the case for uncompensated confiscation seems
flimsy under closer examination. Expropriation invites retaliation from injured
parties, and Venezuela has too much international exposure to imagine itself in
a socialist vacuum.” — 657 words.
Catholic bishop would marry church
to Chavez ‘Bolivarian revolution’
According to Hugh O’Shaughnessy writing in The Tablet, “The
recent pastoral letter of Bishop Mario Moronta Rodríguez of San Cristóbal will
not have gone down well with the more prosperous members of the flock in his
remote Andean diocese, nor indeed with the rich in Venezuela as a whole. His
message went directly counter to their bitter and sustained criticism of the
democratically elected and popular President Hugo Chávez and his promotion of
what he calls "twenty-first-century socialism". — 1,306 words.
Bush dodges Chavez
despite repeated prodding
MONTEVIDEO, Uruguay — President Bush may have gotten good at evading
questions, but on last week's five-country Latin American tour, but it became
more difficult and much more blatant. "Hugo Chavez suggested that you are afraid
to mention his name," asked a U.S. journalist yesterday, "so are
you? and how much of a threat is he to United States interests in the
hemisphere?" Rather than respond or decline to answer, Bush changed the subject.
— 1,002 words.
Lula urges Bush to
of all Latin American countries
Brazilian President Luiz Inacio Lula da Silva called upon his US counterpart
George W Bush on Friday in Sao Paulo to cooperate in Latin America's social
development while respecting the 'political decisions of each state.' — 426
strengthen regional integration
While U.S. President George W. Bush visited Brazil and Uruguay, Venezuelan
President Hugo Chávez made a brief visit to Argentina to strengthen his plan for
regional integration, the Bolivarian Alternative for the Americas (ALBA).
Continuing the process of integration between the two countries, Chávez and
Argentine President Nestor Kirchner signed several bilateral agreements
regarding agriculture, the energy sector, and the creation of the Bank of the
South. — 625 words.
Chavez signs law-decree
for monetary reform
Tuesday evening, March 6, during his radio program Aló Presidente, President Chavez signed into effect the law for a reform of the country’s currency, such that as of January 1, 2008 three zeros will be eliminated from the denomination. The reform is supposed to simplify accounting and increase confidence in the currency. — 488 words.
True North Canuck Fact of the Day
Local boy makes Oscars
Louis B. Mayer, the film producer who grew up in New Brunswick, is responsible for creating the Academy Awards. To avoid labour union problems in Hollywood, he introduced awards for people in the movie business, which became known as the Oscars.
Trivia compiled by Randy Ray and Mark Kearney. Visit their Web site
Harold Wright, True North's Doctor of Punology, says, “To write with a broken pencil is pointless.”
Link not working? Story not loading? Can't click on the links? Got another computer problem? Never fear! Carl is here!
If you have any problems with accessing the newsletter or problems with your computer, send an email to Carl Hall email@example.com , and he will be more than happy to assist you.
Until Further Notice
Please mail all donation cheques to:
39 Melgund Avenue
Ottawa, ON K1S 2S1
"Why wait for spring?
Do it now . . ."
Carl Dow, Editor and Publisher
Carl Hall, Technical Analyst and Web Editor