Back in 1954, the United States orchestrated a coup d'etat against Guatemalan President Jacobo Arbenz, whose transgressions had included a less than totally obsequious approach to the American banana company United Fruit, predecessor of Chiquita Brands International.
As usual, the US knew what was best for the nations located in its self-proclaimed "backyard".
Civil war descended on Guatemala six years after the coup, and ensuing decades played host to acts of genocide (pdf) committed by US-backed forces, with more than 200,000 people ultimately killed or disappeared.
Elsewhere in Latin America, the US nobly pursued its mission to make the world safe for capitalism by extending support to right-wing death squads and dictators.
Nowadays, of course, the communist bogeyman can no longer be hyped as an existential hemispheric threat, and friendly Latin American regimes have ceased dropping suspected leftists from airplanes.
Nevertheless, the US has continued to preside over punitive manoeuvres - some subtler than others - to ensure that it remains in business in the "backyard".
These range from endorsing right-wing coups to funding murderous police forces and other security outfits to agitating on behalf of US agribusiness agendas - thereby obliterating any notion of a separation of corporation and state.