A History of Paraguay
By Baruja, Paiva & Pinto
In august 1993 Wasmosy
was elected President. After that Paraguay began going downhill.
It didn’t take long until time proved his intentions. It was
clear that he wanted to give privilege to his commercial interest
rather than administrating the country. Together Wasmosy and the
vice-president Seifart endangered the whole country politically,
institutionally and economically.
Argaña was the true winner of the Colorado candidate, but
Wasmosy together with the Colorado party manage to put Wasmosy in
power. Wasmosy with only 40 percent of the votes became in minority
in the Colorado Party. The Colorado party became a totalitarian
party where the leader did everything without the consent of others.
The Colorado party became a party that lacked unity.
The administration of wasmosy was centralized exclusively in financing
his personal interest. These interests were mainly projects in other
countries. That way he was given power to manage the project. Wasmosy[s
governing period became the fire of history that brought the finantial
system of Paraguay down. Due to his corruption several private bank
went bankrupt. The national bank had several important issues that
were affected by him. The IPS was a health institution that was
also affected by his corruption. He messed up the whole Paraguayan
community by somehow affecting with his financial corruption.
Wasmosy had several previous issue with the military general Lino
Oviedo who was his mentor. Wasmosy’s presidential occupation
was mainly by the aid of Lino Oviedo. Wasmosy did not repay him
but instead went against him. Using his presidential power Wasmosy
got rid of the military officials that did not support him one by
one until he eventually got to Oviedo.
In april 1996 oviedo organize a rebellion against Wasmosy. He threaten
Wasmosy and Seifart to resign the presidency. The real conflict
behind all this was the clash of their commercial interest between
Wasmosy and Oviedo. During the rebellion a group of people came
out to the streets defending democracy but did very little effect
to catch the attention of the president. The wrath of the rebellion
was only felt in the capital, the rest of the country was peaceful.
Oviedo’s rebellion was a failure, but he achieved to become
popular. He began to get involved more into politics and gain more
fame. He related with the people by being culturally more similar
in the way they thought and lived. He supported Strossner a dictator
which a large population also did. Oviedo also got involved in many
public works which made people see him as a good leader. The only
failure he had was to shelter his military members. He used his
power and helped the military officials gain profit illegally which
ruined his reputation.