Socialist Action (US)

The monthly paper of Socialist Action, San Francisco, 1983–2010

ASSAULT ON NICARAGUA: the U.S. 'Secret War"

Socialist Action, Vol. 7, No. 1, January 1989 · scan p. 15 · about 241 words

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lust $4.95, plus $1.00 for postage. Order from Walnut 'ublishing Co., 3435 Army St., Rm. 308, S.F., CA 94110 SOCIALIST ACTION JANUARY 1989 15 nationalized for these identical acts of decapitalization. But these provocations are happening throughout the economy.

President Daniel Ortega reports that $500 million in government subsidies to capitalists was wasted in 1987. No production resulted from these government grants.

Subsidies are intended to stimulate private production. But either through hoarding, speculation, or by letting their facilities fall into disrepair, the capitalists circumvent sales at pre-arranged prices to the government.

Envio, a Jesuit-funded magazine that supports the revolution, reports another revealing item about Nicaraguan capitalists: They are the most inefficient producers in all of Central America. And they pass the costs of this inefficiency onto the people. (Envio, May 1988)

The major rice, beef, and dairy ranchers, for example, extort prices from the Nicaraguan government that are several times higher than world-market prices.

In addition, the big landowners have let The Untold Story of Speeches by Daniel Sheehan This book contains the facts of the most audacious legal action ever undertaken: the Christic Institute lawsuit against the U.S. government's 'Secret Team.' 'Assault on Nicaragua' includes an introduction by editor Rod Holt; speeches by Daniel Sheehan, general counsel of the Christic Institute, and Nicaraguan President Daniel Ortega; as well as an essay taries Jeff Mackler and Nat Weinstein on the meaning of the revela tions for the antiwar movement.

← Contents of Vol. 7, No. 1, January 1989

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