Wednesday, June 8, 2011

Humala Wins In Peru

Not that I'm a huge fan of the Chavez-end of the Latin American left, but I'm cautiously optimistic about Ollanta Humala's win in the Peruvian Presidential elections. It sounds like people down there weren't crazy about their choices to begin with, but when daughter of deposed former autocrat Alberto Fujimori, Keiko Fujimori said in the early going that she'd like to pardon her father (she back-tracked in a big hurry on that one) it probably made people extremely leery.

Sounds like President-Elect Humala can read the writing on the wall: he doesn't have that many allies in Congress and he's under pressure to name his economic team quickly to calm down investors. Hopefully he'll see more dividends in being a Bachalet or a Lula than a Chavez or a Morales.

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