Thursday, July 9, 2015

Ecuador libertarians offer way out of national crisis

Ecuador's Libertarian Movement Rolls Out a Rescue Plan - Rebeca Morla, PanAm Post:

July 3, 2015 - "Wipe out tariffs to promote trade, submit indefinite presidential reelection to a referendum, revoke the Media Law, and start a direct dialogue with President Rafael Correa. These are but a few of the proposals announced on July 1 by Ecuador’s Libertarian Movement, a free-market group organized in 2005 by “Ecuadorians worried about the country’s situation.

"The movement’s leaders held a press conference on Wednesday in Guayaquil, Ecuador’s largest city, to explain to local media what they dubbed 'the way out' (La Salida) from the South American nation’s economic and political crisis.

"'This [plan] will allow us to solve our current and future problems,' argued Joselo Andrade, director of Guayaquil’s Libertarian Movement chapter....

"They went on to offer 'President Correa, the national government, and the whole country' an eight-point program, divided into two main fields.

"On the one hand, to solve the 'political crisis,' the Libertarian Movement recommends holding a referendum to avoid indefinite reelections in public offices, repealing the Media Law so Ecuadorians can exercise their right to freedom of speech, and a direct negotiation channel with Correa.

"On the other, to address economic issues, they advocate substituting the current social-security system for one 'that gives Ecuadorians full control over their savings and money' and the elimination of protectionist measures and tariffs. The libertarians also request that Correa stop 'scaring investors away' and instead promote 'friendly and special treatment for foreign investment,' as well as free-trade treaties with the rest of the world.

"'Mr. President, the way out you need more than ever consists of promoting and stimulating savings and trade. Listen to us; every country that has progressed has achieved growth this way,' Andrade concluded."

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