CFK & intolerance

[French jurist]

Talk about tolerance...

At least Argentina where foreigners, some of them "illegals", can give silly names to the President on public forums without being placed in the next plane.

At least Argentina is a country where it's possible to protest quite freely in front of the Presidential House.

At least Argentina is a country that stands higher considering Human Rights, than many of our respective countries (no use of torture in the recent past, no wars initiated in the recent past, etc.).

Argentina is certainly not perfect, but it's a great country in many ways. As for one of the main problems (corruption), it could be mostly eradicated from the planet if there was a real political will from the major powers in Europe or North America: countries being tax havens/having obscure offshore banking systems could easily be invited to follow the rules, except that the leaders of our "so great" developped countries use them (like other mafias) to fund political campaigns, to do some "fiscal optimization" (lol) for their own benefit and such, etc.

 

[solerboy]

Talk about tolerance...

At least Argentina where foreigners, some of them "illegals", can give silly names to the President on public forums without being placed in the next plane.

At least Argentina is a country where it's possible to protest quite freely in front of the Presidential House.

At least Argentina is a country that stands higher considering Human Rights, than many of our respective countries (no use of torture in the recent past, no wars initiated in the recent past, etc.).

Argentina is certainly not perfect, but it's a great country in many ways. As for one of the main problems (corruption), it could be mostly eradicated from the planet if there was a real political will from the major powers in Europe or North America: countries being tax havens/having obscure offshore banking systems could easily be invited to follow the rules, except that the leaders of our "so great" developped countries use them (like other mafias) to fund political campaigns, to do some "fiscal optimization" (lol) for their own benefit and such, etc.

It would be right to say that no country is perfect.

I think most people who contribute to these threads have a liking for Argentina, it has much to offer it is a beautiful country.

But it doesnt mean it couldnt be better, and people do become frustrated when they see a potentially great country going to waste. Largely through mis management , politcal dogma and naivity.

Many of the mistakes being made here have been made in the past by other countries. Why cant the leaders learn from history ?

 

[sesamosinsal]

In relation to the Bonds. In other words the cheat the statistics was to rob the bondholders of thier due returns.

CFK has responded to this by saying: "Si van a truchar, truchemos todos."

Why is Nobody Freaking Out About the LIBOR Banking Scandal?

It is very interesting how so many of us here will post long-winded rants about the manipulation at INDEC, but the topic about the manipulation of the LIBOR can't even get 10 responses.

 

[solerboy]

CFK has responded to this by saying: "Si van a truchar, truchemos todos."

Why is Nobody Freaking Out About the LIBOR Banking Scandal?

It is very interesting how so many of us here will post long-winded rants about the manipulation at INDEC, but the topic about the manipulation of the LIBOR can't even get 10 responses.

As I understand it the various regulatory authorities and the police are investigating the LIBOR scandal. Numerous business people, some very well known have been sent to prison in the UK for insider dealing and market manipulation over the years.

As for right wing, I have always been a Labour voter in the UK. I consider myself centre left.

The truth does not know right or left. The truth is just the truth.

 

[Crema Americana]

I don't see any "camps" or people getting shoved out of planes in Argentina's near future, but there are other ways to make an individual's life much more difficult and put dissenters under the boot (or under a Louboutin heel as they case may be!)

As for a third term... Cristina's popularity is waning. Even some of the people who voted for her (twice! ) are getting fed up. Argentines don't have the type of blind loyalty that comes from party affiliation, so when things start to go south they jump off the bandwagon and take to the streets quick. Even former allies of the president may turn on her if they don't feel they're getting served. Seeing how things are now, and that there's three years left in her term, I doubt she's going to have the political foothold to continue as president, but a lot of that depends on the economy and how long can they keep up the charade.

And then you have the question of how bad are things going to get before someone new steps in, and who that person is going to be.

 

[kre8ivelyXposed]

There is not such a thing about a prohibition of traveling. This is not Cuba or North Korea. I think you a a confused.

You can travel and if you pay with credit cards you get the official rate for dollars plus the 15%.

So, the only obstacle for real is that the AFIP is going to have an eye on you if your affidavits and what you spend doesn´t match. It is all about that. The caceroludos believe they have some kind of right to evade taxes without the State disturbing them.

In fact, you are also misinformed. This government has follow the same line since Nestor K was elected and precisely that was what 54% of people voted: deleveraging

1) Nestor K paid the FMI cash
2) They paid the Bonds since then (Boden 2012 last month)
3) They need the dollars to continue paying the external debt.

So, her political project if to pay all the debt. I suggest you read this:
http://www.revistadebate.com.ar/2012/08/10/5762.php
http://www.revistadebate.com.ar/2012/08/10/5763.php

So, she is the President elected by the 54% of the population because of a consistent political project and she rules in order to rise this country and she is doing very well.

If some people of the 44% is upset, sorry about that, that s the way democracies works. The problem is precisely that: the caceroludos dislike democracy because since 1930, every time they dislike the government, they made it fall.



Regarding the Statics, you are misinformed again. There were bonds attached to the inflation. So, to cheat the staticts was a way to save money and probably the only reason this country was able to rise again instead a way to cheat the population. Sorry, she rules for the Argentinians, not for the FMI like De la Rua did.
Regards

Admittedly, I do like reading his "counter oppositional" replies. Makes for some different perspective around here besides just the usual CFK thrashings!

 

[Bajo_cero2]

What are you talking about? Camps? Please don t drink vodka with breakfast.

Regards

 

[Bajo_cero2]

I don't see any "camps" or people getting shoved out of planes in Argentina's near future, but there are other ways to make an individual's life much more difficult and put dissenters under the boot (or under a Louboutin heel as they case may be!) .

Well, the point I think is to understand why She made the dollar corralito.

If it was just to punish the dissenters, then you are absolutely right.

However, I think she did it to pay the debt of the country that has to be paid in dollars. So, the country keeps the dollars and give you pesos printed by them. It is a very good business, indeed, but that s the way economies works. This way Argentina can pay their debts without asking for loans for paying the interest of the debts as usually countries do.

A side effect is to control tax evasion.

Regards

 

[dennisr]

Regarding the Statics, you are misinformed again. There were bonds attached to the inflation. So, to cheat the staticts was a way to save money and probably the only reason this country was able to rise again instead a way to cheat the population. Sorry, she rules for the Argentinians, not for the FMI like De la Rua did.
Regards

Think cooking the inflation numbers at this stage of the game is counter productive. All investment from outside and inside Argentina is absent because the powers to be insist on using the INDEC inflation data. Because of the bogus inflation numbers, the government itself is the only one doing the buying of AR paper and has to use ANSES funds from the Central Bank to do so. Argentina is cannibalizing its own reserves to keep things going. Every bond the government purchases will loose about 15% annually because of the bogus data. And even worse, the bonds have no liquidity. Bonds will be worthless at maturity. For me the only people that are getting cheated are the Argentines. There is no easy way out of this mess. Pay the vultures, settle with the Paris Club and move on.

 

[Bajo_cero2]

Think cooking the inflation numbers at this stage of the game is counter productive. All investment from outside and inside Argentina is absent because the powers to be insist on using the INDEC inflation data. Because of the bogus inflation numbers, the government itself is the only one doing the buying of AR paper and has to use ANSES funds from the Central Bank to do so. Argentina is cannibalizing its own reserves to keep things going. Every bond the government purchases will loose about 15% annually because of the bogus data. And even worse, the bonds have no liquidity. Bonds will be worthless at maturity. For me the only people that are getting cheated are the Argentines. There is no easy way out of this mess. Pay the vultures, settle with the Paris Club and move on.

Well, facts shows that you are wrong. Please read about the bonds that were paid.

Nestor K paid a huge part of the debt with a huge discount. Not bad.

And the Club the Paris and the vulpures are not going to be paid. They took and high risk investment with high profit and the risk (alea) happen. It is a simple principle of Law.

Of course the score of Argentina is super bad, but those agencies who made the scores are not reliable, so, who cares?

Argentinians are being cheated? Seriously? I think that Spaniards are being really cheated right know. Let´s see. The government take huge loans and they give it to the banks. The loan is taken as public debt and all the citizens has to pay for it as public debt. But it is a private debt.

The same happen in the US.

So, we were cheated for 50 years and we learned some lessons. That´s why things are made different here. Under our eyes, Spaniard, greeks, Americans are naive and they are doing to their own people what they use to do to those countries that they treat as colonies. Interesting. It is a good definition of cannibalism.

Regards