billy blog ... some alternative economic thinking

While the World was focused on the U.S. mid-term elections on Tuesday, another national election took place in the Americas - Nicaraguans went to the polls November 5 to elect a new President and a National Assembly. The outcomes are incomplete but the big winner is that the Frente Sandinista de Liberación Nacional or FSLN (Sandinista National Liberation Front) leader, Daniel Ortega who fought against the right wing U.S. backed Contra insurgents in the early 1980s, will be the next President.

The political history of Nicaragua is complex but my take on it is that the FSLM overthre  More ...