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Response to 7962 (Reply #8)

Sat Jan 31, 2015, 03:48 PM

12. "This once great country."

 

If you were an oligarch.

http://www.democraticunderground.com/?com=post&forum=1014&pid=1002513

Caracazo
From Wikipedia, the free encyclopedia

Date 27 February 1989 - March 1989
Location Caracas

The Caracazo or sacudón is the name given to the wave of protests, riots, looting, shootings and massacres[4] that began on 27 February 1989 in the Venezuelan capital Caracas and surrounding towns. The week-long clashes resulted in the deaths of hundreds of people, thousands by some accounts, most at the hands of security forces and the military.[2][5][6] The riots and protests began mainly in response to the government's economic reforms and the resulting increase in the price of gasoline and transportation.[4]

Contents [hide]
1 Etymology
2 Background
3 Protests and rioting
4 Aftermath and consequences
5 See also
6 Further reading
7 References
Etymology[edit]

The word Caracazo is the name of the city plus the -azo suffix, which denotes a violent knock. Its translation could therefore be "the Caracas smash" or "the big one in Caracas". The name was inspired by the Bogotazo, a massive riot in neighboring Colombia in 1948 that played a pivotal role in that country's history. Sacudón is from sacudir "to shake", and therefore means something along the lines of "the day that shook the country" (see Spanish nouns: Other suffixes.)

The words are pronounced [kaɾaˈkaso] and [sakuˈðon], respectively.

Background[edit]
Due to a fall in oil prices during the mid-1980s an economic crisis had taken hold in Venezuela, and the country had accrued significant levels of debt. Nevertheless, the administration of the Left-leaning President Jaime Lusinchi was able to restructure the country's debt repayments and offset an economic crisis while allowing for the continuation of the government's policies of social spending and state-sponsored subsidies.[7]

Lusinchi's political party, Democratic Action, was able to remain in power following the 1988 election of Carlos Andrés Pérez as president. Pérez then proposed a major shift in policy by implementing neo-liberal economic reforms recommended by the International Monetary Fund (IMF). This program, known as the paquete (the "package", was contrary to statements made during Pérez's populist and anti-neoliberal campaign in which he had described the IMF as "a neutron bomb that killed people, but left buildings standing"[8] and had said that World Bank economists were "genocide workers in the pay of economic totalitarianism".[citation needed]

Measures taken by Pérez included privatizing state companies, tax reform, reducing customs duties, and diminishing the role of the state in the economy. He also took measures to decentralize and modernize the Venezuelan political system by instituting the direct election of state governors who had previously been appointed by the president. The most controversial part of this economic reform package was the elimination of the gasoline subsidies, which had long maintained domestic gasoline prices far beneath international levels (and indeed beneath the production costs of gasoline).[citation needed] When the subsidy was eliminated, gasoline prices rose by as much 100%, and subsequently, the costs of public transportation rose by 30%.[citation needed]

Protests and rioting[edit]
The protests and rioting began on the morning of February 27, 1989, in Guarenas (a town in Miranda State about 30 kilometres (19 mi) east of Caracas) due to a steep increase in public transportation prices.[2][9] The protests and rioting quickly spread to the capital and other towns across the country. A lack of timely intervention by authorities (some police were under orders not to take action) led to the Metropolitan Police quickly being overwhelmed.[2] Despite initial debate within the government over how to manage the situation, a heavy-handed approach was implemented and a state of emergency and martial law was imposed.[2]

On February 28 President Carlos Andrés Pérez suspended a number of articles of the Constitution, including Article 60 (right to individual liberty and security); Article 62 (inviolability of the home); Article 66 (freedom of expression); Article 71 (right to gather publicly and privately), and Article 115 (right to peaceful protest).[10] These rights were not completely restored until March 22, and in the interim, there was no official decree or resolution defining how government authority would be exercised in the absence of those constitutional rights.[10]

The subsequent crack-down against the protesters included "widespread incidences of soldiers firing wantonly into residential buildings and crowds of people, killing unarmed civilians."[2] Tactics used by security forces included raids on homes, disappearances, the use of torture, and extrajudicial killings.[6]

Allegations of extrajudicial killings of known criminals have also been made.[2]

The initial official pronouncements said 276 people had died,[9] but many estimates put the number above 2,000.[3]

Aftermath and consequences[edit]
On March 3, 1989, President Pérez spoke with U.S. President George H. W. Bush. President Bush offered President Pérez a US$450 million emergency loan. President Pérez thanked the President Bush and asked him to support a change in debt policy toward Latin America, stating, "I want to tell you if there is no change in [international] debt policy then whatever we may do here may be useless."[11] President Pérez told President Bush that he had sent him a letter several days earlier and that he would appreciate it if he would read it.[11]

The clearest consequence of the Caracazo was political instability. The following February, the army was called to contain similar riots in Puerto La Cruz and Barcelona, and again in June, when rising of transportation costs ended in riots in Maracaibo and other cities. The free-market reforms program was modified. In 1992 there were two attempted coups d'état, in February and November. Carlos Andrés Pérez was accused of corruption and removed from the presidency. Hugo Chávez, an organiser of one of the coups, was found guilty of sedition and incarcerated. However, he was subsequently pardoned by Pérez's successor, Rafael Caldera, and went on to be elected president after him.

In 1998, the Inter-American Commission on Human Rights condemned the government's action and referred the case to the Inter-American Court of Human Rights. In 1999, the Court heard the case and found that the government had committed violations of human rights, including extrajudicial killings. The Venezuelan government, by then headed by Chávez, did not contest the findings of the case and accepted full responsibility for the government's actions.[9]

In August 2009, then-Defense Minister Italo del Valle Alliegro was charged in relation to the Caracazo.[12] In July 2010 the Supreme Court overturned an appeal court ruling which had declared the case covered by a statute of limitations.[13]

See also[edit]

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