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FATTENING WALL STREET — Mike Whitney reports on the rapid metamorphosis of new Fed Chair Janet Yallin into a lackey for the bankers, bond traders and brokers. The New Religious Wars Over the Environment: Joyce Nelson charts the looming confrontation between the Catholic Church and fundamentalists over climate change, extinction and GMOs; A People’s History of Mexican Constitutions: Andrew Smolski on the 200 year-long struggle of Mexico’s peasants, indigenous people and workers to secure legal rights and liberties; Spying on Black Writers: Ron Jacobs uncovers the FBI’s 50 year-long obsession with black poets, novelists and essayists; O Elephant! JoAnn Wypijewski on the grim history of circus elephants; PLUS: Jeffrey St. Clair on birds and climate change; Chris Floyd on the US as nuclear bully; Seth Sandronsky on Van Jones’s blind spot; Lee Ballinger on musicians and the State Department; and Kim Nicolini on the films of JC Chandor.

Weekend Edition October 20-22, 2006

Hideout or Water Raid?

Bush’s Paraguay Land Grab

by CP News Wire

Asuncion, Paraguay.

The land grab project of U.S. President George W. Bush in Chaco, Paraguay, has generated considerable discomfort both politically and environmentally.

The news circulating the continent about plans to buy 98,840 acres of land in Chaco, Paraguay, near the Triple Frontier (Bolivia, Brazil, Paraguay) is the talk of the town in these countries.

Although official sources have not confirmed the information that is already public, the land is reportedly located in Paso de Patria, near Bolivian gas reserves and the Guarani indigenous water region, within the Triple Border.

Alto Paraguay Gov. Erasmo Rodriguez Acosta revealed he heard that part of the land purchase consists of an ecological reserve (Fundacion Patria), with which Bush is affiliated.

In its interview with Rodriguez Acosta, neike.com.py reported that he does not have documentation of this affiliation and it could not communicate either with the foundation or with the National Rural Development and Land Institute, in charge of these state lands.

Concern increased last week with the arrival of Bush’s daughter, Jenna, and a source from the Physical Planning Department saying that most of the Chaco region belongs to private companies.

Luis D’Elia, Argentina´s undersecretary for Land for Social Habitat, says the matter raises regional concern because it threatens local natural resources.

He termed it "surprising" that the Bush family is trying to settle a few short miles from the US Mariscal Estigarribia Military Base.

Argentinean Adolfo Perez Esquivel warned that the real war will be fought not for oil, but for water, and recalled that Acuifero Guaraní is one of the largest underground water reserves in South America, running beneath Argentina, Brazil, Paraguay and Uruguay (larger than Texas and California together).

"The southern U.S. states are already struggling with water shortages," asserted the 1980 Nobel Peace Prizewinner.

Orlando Castillo, Paraguay Peace and Justice Service member, recalled the US military buildup in Chaco under a bilateral agreement.

This article originally appeared in Prensa Latina.