Bolivia’s socialist ruler Evo triples his wealth and has a private jet, but blames the rich for damage to environment

The only people who hate the rich more than the socialists are the rich socialists.

Mamela Fiallo Flor in PanAm Post:

Evo Blames The Rich For Environmental Damage; Meanwhile His Fortune Has Tripled

Evo Morales’ private airplane cost 38 million dollars, even though he is a hero of the poor and the planet.

Among the world leaders debating the planet’s climate situation is Evo Morales, the president of Bolivia, a nation that has lost 4.2 million hectares to fires that its president authorized by decree. While Morales does not assume his responsibility for environmental degradation, he accuses the millionaires of controlling the world. Meanwhile, he hides the fact that his fortune has tripled in the 13 years he has been in power.

“The world is being controlled by a global oligarchy. Only a handful of billionaires define the political and economic destiny of humanity,” said the president of Bolivia during the United Nations (UN) General Assembly debate.

“The concentration of world wealth in a few hands is insulting, immoral, and unacceptable,” he said. Moreover, he argues that capitalism is the root cause of inequality and poverty. Morales claims that everything is commodified to accumulate more capital and asserts that the UN must “consolidate a multipolar world with common rules.”

35% Bolivians are poor, but the rulers keep getting richer

However, Morales says nothing about the fact that Bolivia is a country that has made the least progress in the region in combating poverty. Meanwhile, his fortune has tripled, and that of his vice president has increased 15 times.

According to estimates by the Economic Commission for Latin America and the Caribbean (ECLAC), poverty in Bolivia fell by only 0.1% between 2016 and 2017. The same report indicates that extreme poverty rose from 14.7% in 2015 to 16.7% in 2016. In 2017, it dropped slightly to 16.4%. In other words, between 2016 and 2017 it fell by only 0.3 percentage points.

While the average Bolivian was in dire need, the president’s net worth increased by 221% from when he assumed the presidency. In 2006, Morales reportedly had 127,000 dollars. Later, in 2015, his net worth was close to half a million dollars, and this trend continues.As the leader of the Movement Toward Socialism, Morales and his sympathizers stood up as defendants of justice displaying the low salary received by their president: 3,500 USD a month, one of the lowest wages in the world for a president. So the significant increase in his assets prompted criticism.

Continue reading HERE.