I finally encountered an article that sheds a different light on the coup against president Zelaya in Honduras. It claims that the reproaches against the exiled president are bogus: the referendum he wanted would be too late for him to get a second term. At best he might participate again in the elections four and a half year from now. His real "crime" should have been that he wasn't "friendly" enough to some business interests - specially in telecom. According to the article Zelaya is a moderate reformer, quite different from Chavez.
The article also points out a range of shady characters involved in the coup, including a former Honduran death squad leader, a Venezuelan lawyer who played a central role in the failed coup against Chavez a few years ago and some Americans with an Iran-Contra background.
Postscript 22-10-2012: Honduras Gone Wrong tells about America's duplicity about the coup and its continuing military support for the regime. It tells also about how Republican left-overs at the State Department have the upper hand in America's Latin America policies - as could also be seen in ist support for the coup in Paraguay.