Another "brilliant" pro business move by decree [again]

[notebook.fix]

So now the State (us) can decide if some paths chosen by the Board of Directors of some very big companies in OUR country are against us or not, and change it according to the interest of all of us. Yep, I am a commie.

This is the classic example of the fool who actually believes that Government represents the people....you have to be either very high on drugs or in dire need of Psychiatric help if you believe this...especially & SPECIFICALLY in aRgEnTinA. This is how populist dictatorships thrive & capitalize on the backs of the ignorant hot headed idealists who carry them. Sorry but it is shocking to witness such outright ignorance & low level awareness...it is frightening to think that this simplistic viewpoint could be dominant in the political landscape of ARgentina.

You'd think that after 60 years of misery & suffering a population would somehow awaken to the peddlers of lunatic extreme left wing politics...not in ARgentina...whip me some more.

Yep, I am a commie.

SO now that you are finally Koming out of tha Kloset & admitting to being a Kommie, why not instead of supporting criminal politicians, look at real left wing Government systems like in Australia, sure it's not perfect but at least it's still able to function with some degree of order...Canada, France? anything BUT Gaddafy or Chavez worshiping would be light years ahead of the K 'Model'.

What's the latest news on the K front?

Just as I expected...el Campo 2.0 (government against industry war) is cranking up to the next gear...El Gobierno has been knocked back by the Siderar Company..the first of many to resist the new mandatory laws that order private companies to take on K directors into their directorships. These new laws include the lifting of the current compulsory %5 government asset ownership limits of every Argentine company,,,,effectively the government gets part control of the day to day running of a private company. This will be followed with the planting of Moyano's men (Union Reps) into company boards/directorships...yes incredible but true ONLY in Argentina..read on for your dark afternoon's entertainment:
http://www.infobae.com/notas/576086...aria-de-Siderar-que-no-eligio-directivos.html

The K Government has passed new election laws (OVERNIGHT) designed to place restrictions on election advertising by the opposition while at the same time the K Government is allowed to spend one million or more pesos per day on live news media advertising...BELIEVE IT OR NOT....the laws were passed literally in the middle of the night...read up (in Spanish) http://www.lanacion.com.ar/1366110-restringen-la-publicidad-de-campana-de-la-oposicion


Overnight changes to voting laws & conditions! Oh yes, thanks to the changes the current K Government will now be able to get extra help should their vote count be too low...essentially they can make deals & enhance their vote count, form new alliances etc AFTER the closing of the ballot in the elections...read on..
http://www.clarin.com/politica/elec...s-generan-confusion-polemica_0_463753775.html

How many Expats actually know that in the last few days the Ks have removed most FEDERAL POLICE security personnel from public Hospitals, public schools, public government buildings etc etc in the Capital (Macri land)? Believe it or not it has been done here by the K 'Security' minister Nilda Garret..read on..
http://www.vozpopular.com.ar/2011/0...e-buenos-aires-by-the-federal-police-custody/

http://www.vozpopular.com.ar/2011/0...uenos-aires-complained-to-the-justice-nation/


IMF investigation of INDEC:

"Argentina has not replied IMF recommendations for an inflation index"...
http://en.mercopress.com/2011/04/16...ed-imf-recommendations-for-an-inflation-index

The IMF has come to the conclusion that the high inflation rate in Argentina can have a negative impact on economic growth,,...The K government say NO! Full steam ahead! Accelerate!!!
http://www.buenosairesherald.com/ar...-response-regarding-inflation-recommendations

And last but not least...for all you Greenie nature loving enthusiasts ...

"Canadian company will develop gold mine project in Argentine Patagonia".. BLOW it all up & sell out to the Corporations!!! Yeeepeee!!! -I'd have LOVED to have been a fly on the wall during the back room deals between the K reps & the mining corporation....I wonder if this company will be forced to accept Moyanos's boys into their board room meetings? ;-)
http://en.mercopress.com/2011/04/16...elop-gold-mine-project-in-argentine-patagonia

 

[ptolemy]

So now the State (us) can decide if some paths chosen by the Board of Directors of some very big companies in OUR country are against us or not, and change it according to the interest of all of us. Yep, I am a commie.

It's that "us" you should be worried about. Once you are in power, there will be another "us" just like you.

 

[Amargo]

This stupid move by the K regime is indefensible in any language, verging on communism.

I am afraid it is not even that! Communism was, at leats, quite well thought, they had a plan. In this case it is just cheap populism.

 

[Napoleon]

Meaning that those funds pertained to future pensioneers. Like now. The State pertain to us, so now we are owners of parts of big companies. The difference is that we can vote which people administer the State, but we could not vote which people owned the AFJPs (and change from one to another was not an easy process, and anyway competition was not existant). So now the State (us) can decide if some paths chosen by the Board of Directors of some very big companies in OUR country are against us or not, and change it according to the interest of all of us. Yep, I am a commie.

Meaning that these people CHOSE an account option that would be NOT UNDER THE CONTROL of the State.

Then the State stepped in and took over control of these funds that were specifically chosen because they were NOT under control of the State.

Then these people who chose the NON-STATE CONTROLLED OPTION were not given the option of voting on whether or not they wanted the State to take control of their funds.

WHAT DO YOU NOT UNDERSTAND HERE MARKSOC?

It's really not that difficult to understand, but apparently it's not clear to you?

These people CHOSE, CHOSE CHOSE the non-State option because they specifically DID NOT WANT THE STATE INVOLVED!!

It's one thing if you chose the State option, but these people aren't you. They were told that they had the option of AVOIDING THE STATE and they chose that option. And then the State stepped in and stole their pension accounts. At no time did the PEOPLE with these accounts vote for the States to take control of them. NEVER!!

What is not clear?

 

[Napoleon]

I wrote a response to:

QUOTE:

Meaning that those funds pertained to future pensioneers. Like now. The State pertain to us, so now we are owners of parts of big companies.

UNQUOTE

Basically pointing out that the "pensioneers" CHOSE an option that would keep their retirement accounts as far away from the government as possible. Then they were not allowed to vote on whether or not the government could take control of their retirement accounts.

If the government wanted to phase out the private retirement account option, that's one thing, but they should have kept their hands off the money that the citizens LEGALLY CHOSE TO KEEP AWAY FROM THEM.


QUOTE:

The difference is that we can vote which people administer the State, but we could not vote which people owned the AFJPs

UNQUOTE:

The citizens VOTED WITH THEIR DECISIONS to keep their money AWAY from the State. And then were NOT GIVEN THE RIGHT TO VOTE whether or not the country could swoop in and take control of their accounts.

It's amazing to see that some people can't understand how absolutely wrong this is.

I don't understand how individuals are given so many rights when they are wronging a company (skipping work, coming in drunk, quitting and then suing a company for wrongful termination), but then when the few in power want to take away people's property, they can swoop right in and take what was legally set up to NOT BE under control of the government.

I was told by every one of my English students in late 2008 that because of what the government was doing then, that's why they chose to work en negro.

 

[LostinBA]

Is it good or bad...hmmm. It will definitely give the government more say in how these companies are run and given that this country is so well run, how could that be bad? haha.

 

[dennisr]

BUENOS AIRES, April 16 (Reuters) - Argentina's stock exchange regulator on Saturday declared steelmaker Siderar's shareholder meeting void and overturned a $360 million dividend, as part of a contentious government bid to boost state control over private companies.

http://af.reuters.com/article/metalsNews/idAFN1612742820110416

 

[marksoc]

This is the classic example of the fool who actually believes that Government represents the people....you have to be either very high on drugs or in dire need of Psychiatric help if you believe this...especially & SPECIFICALLY in aRgEnTinA. This is how populist dictatorships thrive & capitalize on the backs of the ignorant hot headed idealists who carry them. Sorry but it is shocking to witness such outright ignorance & low level awareness...it is frightening to think that this simplistic viewpoint could be dominant in the political landscape of ARgentina.

You'd think that after 60 years of misery & suffering a population would somehow awaken to the peddlers of lunatic extreme left wing politics...not in ARgentina...whip me some more.

Argentina is a representative democracy,so yes, the government represents the people, being that is chosen in free elections. You seem to imply that we do not have a democracy here.

From 1951 to 2011 we hardly had "left-wing" governments, I don´t know what are you talking about. Since 1976:
1976-1983: Extreme Friedmanites (Martinez de Hoz), privatizations, free imports, etc.
1983-1985: heterodox economics.
1985-1989: ortodox (neo-classic), somebody can tell me which kind was Sourrouille?
1989-2001: Neocon,privatization of everything possible, destruction of the State, monetarism, etc etc.
2003-... : a kind of keynesianism? Not even that, Im afraid.

So, where is the left there? Ok, from 1951 to 1955 you have the original Peronism, and after in the 1960s keynesianism, Sustitution of Imports, and stuff that I don´t remember too much about (especially because I was born after), but again, hardly "socialistic".

 

[marksoc]

.el Campo 2.0 (government against industry war)

You sound like somebody that reads Ayn Rand books. Yes, that´s an insult.

 

[Napoleon]

My opinion is that if the government wanted to do away with the private option, they should have ended it as an option. But everything that went into that private option during the time it was legal would still be run by the private administrators that had set it up.

So the people who chose to keep their money out of the government's agencies during the time there were legally two options would now receive TWO pension checks when they retire. One from their private account and one from the government for the time they contributed to the government's pension option after the private one was no longer an option.

That solution might be too clear.

It certainly would've avoid the problems occurring right now.

The government would have less power over private businesses.

The pensioners would most likely have been fine with it.

It would have provided one less distraction for both the government AND private industry.

In California, gay marriage was legal for a short amount of time. Many couples got married during this window. Then a measure preventing gay marriage was passed. So at this time, gay marriages are not legal in California, however everyone who got married when they were legal is still legally married in California. Those marriages are still recognized. The government didn't take those marriages away from them.

I believe that a similar arrangement in Argentina for private pensions would have been the best way to handle this.

(Naive? No. I get it. Just sad the way things are done sometimes.)