Word: peron
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...MARCH 25, the day after a military coup overthrew the government of Isabel Peron, an army major in charge of public relations in the city of Cordoba called a press conference. He instituted "temporary" press censorship and finished his instructions by saying, "Remember, I don't want to see any mention of Chile." On March 30, General Jorge Videla, the head of the ruling military junta, announced on national television that his new regime was deeply committed to human rights, based on "profound Christian convictions." The smooth and relatively bloodless coup followed by constant reassurances stemmed from a well-defined...
...many years before the coup, Isabel and Juan Peron ruled over a corrupt right-wing bureaucracy which maneuvered and stole with full support of the Peronist-dominated congress. Peron's policies had the tacit acceptance of the Argentine military as long as his (or Isabel's) regime would give the generals a free hand to attack the guerrilla and other left-wing movements. During the last few months of Mrs. Peron's regime, the military and right-wing paramilitary forces were waging an open war against the leftists while "Isabelita" was taking all the blame for economic paralysis and political...
RATHER MORE URGENT ISSUES than the Peron government's incompetence precipitated the March 24 coup. Argentine foreign debts of about $1 billion will be due at the end of May, and it is crucial that foreign creditors cooperate in extending repayment terms. Emilio Mondelli, the Peronist finance minister, had repeatedly pleaded with the International Monetary Fund (IMF) to borrow an additional $300 million to offset the country's trade imbalance. This request had repeatedly not been granted...
There were political as well as economic reasons for the March 24 coup. The two left-wing guerrilla groups (People's Revolutionary Army (ERP) and Montoneros) had in the last few months of Isabel Peron's government made some advances in the labor unions. These had traditionally been Peronist strongholds, but recent guerrilla actions had given the Marxist left renewed prestige and influence for the first time in 30 years. A number of industrialists had been kidnapped and ransomed for salary raises and other benefits for the workers. Since July 1974, the ERP had maintained a very active rural guerrilla...
Survival Strategies. The rising terror has been coupled with ruinous inflation, currently running at a rate of 600% a year and caused largely by the feckless government economic policies. While the treasury presses out billions of pesos each week to finance rising deficits, the Peron regime has tried to soften the inflation's impact on wage earners by imposing artificial ceilings on service and commodity prices. These ceilings, in turn, have severely squeezed farmers and businessmen, with the result that goods and services are simply disappearing...