petras-lahaine | Introduction: Wall Street and the Pentagon greeted the onset of 2016 as a ‘banner year’, a glorious turning point in the quest for malleable regimes willing to sell-off the most lucrative economic resources, to sign off on onerous new debt to Wall Street and to grant use of their strategic military bases to the Pentagon.
Brazil and Argentina, the most powerful and richest countries in South America and the Philippines, Washington’s most strategic military platform in Southeast Asia, were the objects of intense US political operations in the run-up to 2016.
In each instance, Wall Street and the Pentagon secured smashing successes leading to premature ejaculations over the ‘new golden era’ of financial pillage and unfettered military adventures. Unfortunately, the early ecstasy has turned to agony: Wall Street made easy entries and even faster departures once the ‘honeymoon’ gave way to reality. ; The political procurers persecuted center-left incumbents but, were soon to have their turn facing prosecution. The political prostitutes, who had decreed the sale of sovereignty, were replaced by nationalists who would turn the bordello back into a sovereign nation state.
This essay outlines the rapid rise and dramatic demise of these erstwhile ‘progeny’ of Wall Street and the Pentagon in Argentina and Brazil, and then reviews Washington’s shock and awe as the newly elected Philippines President Rodrigo Duterte embraced new ties with China while proclaiming, ‘We are no one’s ‘tuta’ (puppy dog)!’