Greetings, this is podcast number 69 of Blast the Right.

I'm Jack Clark from TheRationalRadical.com.

Today we'll discuss another example of good news on the International Economic Justice Front.

It comes in the form of a powerful kick in the teeth against a third world debt scam

that's been perpetrated against the poorest nations on earth for all too many years.

I've also got some new music in my favorite genre, The Blues.

Let's get right into it.

Last week we discussed one positive development in the struggle by the third world to avoid

being economically exploited by the West.

It related to the sweetheart contracts between corrupt third world governments and foreign

multinationals that have allowed third world natural resource wealth to be plundered.

The impoverished people of those nations have shared virtually not at all on the benefits

of their own country's natural wealth.

But now Bolivia, under the new leadership of a president elected exactly for that purpose,

just succeeded in nationalizing its oil and gas industry, forcing the multinationals they

had to pay a fair price for what they take out of the ground.

The increased revenue will be used to alleviate the hunger and disease that plague the majority

of dirt floor poor Bolivians.

Today, I'm happy to report another advance in this end exploitation and reduce human

misery suffering and death arena.

It has to do with the long time practice by the West of making dubious loans to corrupt

third world governments.

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