Correa "made a triumphant return to the presidential palace after loyalist troops rescued him from a police rebellion amid gunfire and street clashes that left at least two dead" and dozens wounded.
"We got him out, we got him out," Interior Vice Minister Edwin Jarrin told AFP.
"The rescue capped a dramatic day of violence and confusion that began early Thursday" when rebel police assaulted him.
After his rescue, Correa thanked the military and a police special operations unit, saying:
"If not for them, this horde of savages that wanted to kill, that wanted blood, would have entered the hospital to look for the president and I probably wouldn't (be) telling you this because I would have passed on to a better life." Supporters are grateful not yet.
Commenting on developments, Latin American expert James Petras explained that Ecuador's "ELITE MILITARY" put down the coup. In 2008, Interior Minister Gustavo Jahlk "denounced" Washington "for subverting police."
At the same time, there's "legitimate protest by trade unions against Correa's austerity plan, which the right exploited, seeing the pro-Correa forces divided." In addition, some NGOs and "supposed Indian groups who tacitly supported the coup are on the take from America's National Endowment of Democracy (NED) and USAID," the usual suspects with a long disruptive history throughout the region and beyond.
Their operatives weren't on the streets visibly, but they expressed no opposition to coup plotters. Instead, "Their statement called for the government's replacement," meaning it's Obama administration policy - not for Correa's domestic policies, says Petras. It's for his "ties with US arch enemy Chavez and ALBA."
Events remain fluid and fast moving. Stay tuned for more updates.
Stephen Lendman lives in Chicago and can be reached at email@example.com. Also visit his blog site at sjlendman.blogspot.com and listen to cutting-edge discussions with distinguished guests on the Progressive Radio News Hour on the Progressive Radio Network Thursdays at 10AM US Central time and Saturdays and Sundays at noon. All programs are archived for easy listening.