qeee1 wrote:subdork wrote:"In Ortega’s last days as president, through a series of legislative acts known as “The Piñata”, estates that had been seized by the Sandinista government (some valued at millions and even billions US$) became the private property of various FSLN officials, including Ortega himself."
http://en.wikipedia.org/wiki/Daniel_Ortega
Those laws also guaranteed the rights of squatters and thousands of small farmers...
Yeah, I mean, we wouldn't want inequality... except for the communist leaders... they deserve more. And as far as guaranteeing the rights of squatters, that couldn't be further from the truth. The government has been entangled in a mess of lawsuits and multiple land claims for years.
When the US says that Ortega's election might decrease economic aid and investment, he is referring to a decrease in investor confidence as well as the possibility that the country will revert to an economic style that loses the support of the World Bank, the EU, the US, and the WTO
I don't think that Ortega will do anything too stupid this time though, and I don't think there will be a decrease in economic aid. Investors will probably be a little more hesitant, however. You can't really blame them.
For more on how badly the Sandinistas screwed up Nicaragua, please ask Jimmy Carter:
Property disputes and an uncertain legal framework for property rights impede investment and economic recovery, and generate political conflict, sometimes violent, in Nicaragua. Stemming from the redistribution of land and property during the Sandinista government, the issue today is a complex one involving groups as varied as peasants waiting for clear title for land granted under agrarian reform, Sandinista and contra ex-combatants seeking land in the countryside, and prior owners from Nicaragua and abroad demanding the return of or compensation for houses, factories and land confiscated, expropriated or abandoned in the past. Resolving the problem requires addressing both fundamental philosophical debates over whose rights to property should take precedence, as well as administrative and legal impediments to sorting out multiple claims to individual pieces of property and modernizing the titling system.
The size of the problem is indicated in the following statistics: Owners whose land was confiscated or expropriated since 1979 are now demanding the return or compensation for the equivalent of two-thirds of all the property acquired by the State for the agrarian reform, and twelve percent of the land mass of Nicaragua. Over 5,200 prior owners filed claims for 15,985 pieces of property 1 , and nearly 112,000 beneficiaries of agrarian and urban reforms are being reviewed for eligibility to receive formal title. By 1992, roughly 40% of the households of the country found themselves in conflict or potential conflict over land-tenure due to overlapping claims by different people on the same piece of property.
http://www.cartercenter.org/documents/1199.pdf