Washington used a federal judge to order Argentina to sacrifice its debt restructuring program in order to pay US vulture funds the full value of defaulted Argentine bonds that the vulture funds had bought for a few pennies on the dollar. These vultures were called "creditors" who had made "loans" regardless of the fact that they were not creditors and had made no loans. They were opportunists after easy money and were used by Washington to get rid of a reformist government.
President Kirchner resisted and, thus, she had to go. Washington concocted a story that Kirchner covered up an alleged Iranian bombing in Buenos Aires in 1994. This implausible fantasy, for which there is no evidence of Iranian involvement, was fed to one of Washington's agents in the state prosecutor's office, and a dubious event of 22 years ago was used to clear Kirchner out of the way of the American looting of Argentina.
In Brazil, Washington has used corruption insinuations to get President Rousseff impeached by the lower house. Evidence is not necessary, just allegations. It is no different from "Iranian nukes," Saddam Hussein's "weapons of mass destruction," Assad's "use of chemical weapons," or in Rousseff's case merely insinuations. The Secretary General of the Organization of American States, Luis Almagro, notes that Rousseff "hasn't been accused of anything." The American-backed elites are simply using impeachment to remove a president who they cannot defeat electorally.
In short, this is Washington's move against the BRICS. Washington is moving to put into political power a rightwing party that Washington controls in order to terminate Brazil's growing relationships with China and Russia.
The great irony is that the impeachment bill was presided over by the corrupt lower house speaker, Eduardo Cunha, who was recently discovered to have stashed millions of dollars in secret Swiss bank accounts (perhaps his pay-off from Washington) and who lied under oath when he denied having foreign bank accounts. You can read the sordid story here.
Kirchner and Rousseff's "crimes" are their efforts to have the governments of Argentina and Brazil represent the Argentine and Brazilian peoples rather than the elites and Wall Street. In Washington these are serious offenses as Washington uses the elites to control South American countries. Whenever Latin Americans elect a government that represents them, Washington overthrows the government or assassinates the president.
Washington is close to returning Venezuela to the control of the Spanish elite allied with Washington. The presidents of Ecuador and Bolivia are also targeted. One reason Washington will not permit its British lapdog to honor the asylum Ecuador granted to Julian Assange is that Washington expects to have its own agent back in as President of Ecuador, at which time Assange's asylum will be repealed.
Washington has always blocked reform in Latin America. Latin American peoples will remain American serfs until they elect governments by such large majorities that the governments can exile the traitorous elites, close the US embassies, and expel all US corporations. Every Latin American country that has an American presence has no future other than serfdom.
Related information regarding the contest for dominance, China now has the gold backed Yuan. The U.S. has the paper dollar backed by 'paper' or more correctly stated, 'nothing'. In projecting the future,
Demand for the U.S. dollar and U.S. debt would drop like a rock, and prices on the things that we buy every day would soar. At that point you could forget about cheap gasoline or cheap Chinese imports. Our entire way of life depends on the U.S. dollar being the primary reserve currency of the world and being able to import things very inexpensively. If the rest of the world (led by China) starts to reject the U.S. dollar, it would result in a massive tsunami of currency coming back to our shores and a very painful adjustment in our standard of living. Today, most U.S. currency is actually used outside of the United States. If someday that changes and we are no longer able to export our inflation that is going to mean big trouble for us.