Tuesday, October 6, 2020

UK Court Decision on Venezuela Gold Deals Blow to Regime Change Efforts

By Alan MacLeod - October 06, 2020 at 08:50AM

undefined

A United Kingdom court has handed the Venezuelan government of Nicolas Maduro a major win today, overturning a previous ruling from a lower court that legitimized the British government’s decision to freeze Venezuelan government gold reserves held in the Bank of England. The English Court of Appeal ruled that the Conservative administration of Boris Johnson’s position that Juan Guaidó is the country’s legitimate ruler was far from equivocal, potentially paving the way for some $1.95 billion of the Central Bank of Venezuela’s gold to be accessed.

Following President Trump’s lead, in July, the U.K. government took the extraordinary step of derecognizing President Maduro in favor of the self-declared Guaidó, despite the fact that for nearly six months, he had not even been a member of his Popular Will party, let alone its leader. The move was labeled “highway robbery” by supporters of the Venezuelan government.

A nearly unheard of politician before his ascension to the role of head of the Venezuelan National Assembly (a post given out on a yearly rotational basis among all parties in the institution) in January 2019, Guaidó shocked the country by using his appointment to unilaterally declare himself president of the country. He then led a series of coup attempts throughout 2019 and 2020, the last of which involved paying Trump-linked American mercenaries to shoot their way into the presidential palace. However, the plan ended in complete disaster, with the Americans subsequently sentenced to 20 years of prison time.

Guaidó based his claim to power on Article 233 of the Venezuelan Constitution, which allows a president to be removed if he “abandons his position” or becomes “permanently unavailable to serve” for whatever reason. Maduro, however, had clearly not left his post. Regardless, if he had, Article 233 states that the vice-president would take charge until a new election by universal suffrage was held. Guaidó’s party was not even registered to stand in elections, having boycotted them the year previously under US orders. The Trump administration had attempted to organize a total boycott from opposition parties, thereby undermining the process’ legitimacy, even threatening to sanction opposition presidential candidate Henri Falcón. Despite the partial boycott, turnout was relatively high. A larger percentage of the total electorate still cast their ballot for Maduro than Americans did for Trump in 2016 or Obama in 2012. The US government is currently trying the same tactic in the upcoming December elections to the National Assembly, the State Department releasing a memo in September declaring that all opposition parties taking place were considered “puppet parties” participating in an “electoral charade,” and would therefore be sanctioned.

The United Kingdom and the United States have been leaders in a years-long economic and political campaign to oust Maduro from power, hitting the country with sanctions and attacking it politically. When Maduro attempted to use the impounded gold to buy humanitarian aid from the United Nations to deal with the coronavirus pandemic, the Johnson administration blocked it. Meanwhile, American sanctions, declared illegal by the U.N., have been responsible for over 100,000 Venezuelans’ death. The US government is also continually provoking Venezuela militarily. Last week, it sent a warship — the USS. William P. Lawrence — into the Caribbean, just 16 nautical miles from Venezuela’s coast. Defense Minister Vladimir Padrino described the action as “erratic and childish,” implying Trump was attempting to foment an “October Surprise” conflict to boost his reelection chances.

The US has also funded and supported Guaidó throughout his coup attempts, grooming him since he was a student leader. Recently, they have been channeling money confiscated from the Venezuelan government to Guaidó so that he can personally pay every healthcare worker a huge stipend.

While the Maduro administration is very unpopular, the opposition has had little success shaking their image as elitists interested only in returning Venezuela to its former status as a US client state. Guaidó is presented in Western media as a breath of fresh air and a break with that tradition. However, as the privately-educated son of an international airline pilot, and somebody who attended George Washington University (an impossible task for those who do not come from the elite), he has had little success persuading his countryfolk to get behind his vision for the country. A recent poll found that 3 percent of Venezuelans recognize him as president. Despite this, he has received virtually unanimous support in Washington and London. However, there is no doubt that today’s court ruling is a loss for him and a win for Maduro.

Reprinted with permission from Mint Press News.

from Ron Paul Institute Featured Articles

via IFTTT

No comments:

Post a Comment

Merchandise

Ron Paul America Cloud

Site Credits

Ron Paul America

is voluntarily affiliated with

Liberty Operations Group

______________________________

Site created, maintained and hosted by

Liberty Web Services

Tags

#TurnOnTheTruth 2008 2012 4th amendment 911 ACTION Afghanistan war Agency Aggression Principle al-Qaeda Alan Colmes Alert America America's Fault Americans antigun AR 15 assault weapon Audit Authoritarian bailouts Believe Big Brother big government bill of rights Blame blowback bubbles Bush Campaign for Liberty Career Politician Eric Cantor Central Bank Charity China churches collapse Collectivism Commission committee Compassion Congress Conservative constitution Crash dangerous person Democrat Democrats Donald Trump Donald Trump. Planned Parenthood drones economic Economy Edward Snowden End the Fed European Union Federal Reserve Floyd Bayne floyd bayne for congress force foreign interventionism free market free markets GOP Nominee GOP Presidential Debates Government Great Depression gun control House of Representatives housing bubble HR 1745 I like Ron Paul except on foreign policy If ye love wealth better than liberty IFTTT Individual Individualism Institute Irag Iran Iraq war ISIL ISIS Judge Andrew Napalitano libertarian Liberty Liberty Letters Liberty Report Lost mass Media meltdown metadata Micheal Moore Middle East Mitt Romney nap National Neocons New Ron Paul Ad New York Times Newsletters Newt Gingrich No Non non-interventionism NSA NSA Snooping Obama Overreach overthrow Patriot Act peace politicians Pope Francis President Presidential Presidential Race programs prosperity Race Racist Racist Newsletters Rand Paul Read the Bills Act recessions redistribution of wealth refugee crisis Repeal Obamacare Report Republican Republican Nomination Republican Nominee Republicans Revolution Rick Santorum Rick Santorum Exposed Ron Ron Paul Ron Paul Institute Ron Paul Institute Featured Articles Ron Paul Institute for Peace And Prosperity Ron Paul Institute Peace and Prosperity Articles Ron Paul Next Chapter Media Channel Ron Paul Racist Newsletters ron paul's foreign policy Ronald Reagan ronpaulchannel.com ronpaulinstitute.org Rosa DeLauro russia Samuel Adams Saudi Arabia Second Amendment Security Senate Senator September 11th attacks Show Soviet Spying stimulate Stock Market surveillance Syria tech bubble terrorist The the Fed the poor US US foreign policy Us troops USA Freedom Act Virginia Virginia Republican Primary voluntarism. Liberty Voluntary Warner Warning warrantless wiretaps YouTube