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endorse Government bailout of small farms with $ 70 million


"The government will give a guarantee of $ 70 million to rescue the small farmers of a possible bankruptcy. This amount, awarded by COFIDE, serve as a guarantee for private banks to extend credit to enable small farmers continue to buy inputs for food production. This was announced by Environment Minister Antonio Brack, who also indicated that security small farmers would put their own production.
Brack, who gave this information to the television program "financial portal", Canal N reported that the entire rescue process taking into account the social, economic and environmental. "

Every reader aware of the policy fairly Alan Garcia government will raise the eyebrow to express some disbelief at this news. It is not something that fits with what this administration is usually done. But, dear reader, do not panic. You regain your confidence in the consistency of this government with its strategic directions, and then read the text of the real news, published in The Commerce on April 1 on page B1:

"The government will give a guarantee of $ 70 million to rescue Doe Run Peru (DRP) of an eventual closure of its operations in La Oroya. This amount, awarded by COFIDE, serve as a guarantee for private bank credit granted to allow the mining to continue to acquire concentrated. This was announced by Environment Minister Antonio Brack, who also indicated that DRP would guarantee their shares available to COFIDE.

Brack, who gave this information to the television program "financial portal", Canal N reported that the entire rescue process taking into account social, economic and environmental. "

As is known, Peruvians rely heavily on small farmers because they are the main producers of food for the country. There are hundreds of thousands. Well deserved support.

As is known, also, Doe Run is a company that has a refinery in La Oroya, which employs 3500 people, which ensures that the city continues to be one of the ten most polluted in the world with thousands of overweight children Lead in the blood, and not complying with their commitments to reduce pollution levels. That, too, "informs us-Trade is a sole proprietorship, an American with a fortune 4 billion dollars, which has a private jet $ 40 million (slightly more than half the amount the government is committing public money to support the company) and have accumulated fines of $ 900 million United States' environmental violations. "

Do not you think that this is a scandal? One more?