Zelaya reflects on the coup

When the US supported the coup against President Zelaya of Honduras, the coup-installed government under President Hernández gave coup investors large parts of the country to rule as fiefs.

The new government has revoked these fiefdoms, and Hernández is in a US prison convicted of narcotrafficking, but the coup investors are trying to impose their long-term power through a secret court run by the World Bank.

It seems that CAFTA, a business-supremacy treaty, includes an ISDS clause

which they hope the World Bank will help them enforce.

Honduras has announced it will abrogate its membership in CAFTA and defy the World Bank. Bravo!

Such treaties often have a clause saying that the special power of foreign investors will continue for some number of decades even if the country pulls out of the treaty. Rejecting CAFTA may not be enough to make the World Bank drop the cases. If not, there will be struggles around the world to convince other governments to refuse to support the coup investors.

I can't forecast which side Obama will take, but it is clear that the wrecker would take the side of the investors if they bribe him enough.