Current VP and former President of Argentina could face prison time.

[Redpossum]

All fine and dandy , the question remains, where is the missing money? from both of the latest governments.
We can argue all day everyday about whose fault it was or it is, but the fact is that a country that sells mainly foodstuff can not be as broke as this one is.
Someone somewhere mismanaged the hell out of the economy and i don't buy the condor2 theory due to the fact that is no more and no less than , once again creating an abstract far away enemy who to blame.
For those of us with some vintage memories of the days of old in this country, it has always been the same story, such as, the IMF, the Brits in the falklands, the dollar exchange speculators, the military junta, martinez de hoz and blah blah blah.
No one ever, no political party, no ONG, no opposition ,but above all , no group of citizens ever demanded transparency from the government which in term created the notion that the people don't need to know how things are run and the government has absolute power over its citizens.
I say, prove she mishandled the economy and let her rot in prison then or at the same time , prove that macri screwed up too and throw him in prison also, but of course, for that you would need a justice department that actually act as such.

I would argue that this is false equivalency. Nestor and Cristina paid down Argentina's foreign debt, little by little, and the only new foreign debt they took on was to re-finance the old debt they inherited.

Macri, by contrast, took on 43 billion USD in new debt from the IMF alone, and the money evaporated. Talking like they are both the same just isn't realistic, in my opinion.

Your comments about the failings of the justice system are well-founded, but again, it was Macri who stacked the supreme court with his tame judges, the ones who played football with him at his vacation home, and visited him at La Casa Rosada while they were hearing cases against Cristina. The same judges who now protect him by insisting that any case which could incriminate him must be heard at Comodoro Py. This is gross impropriety by any reasonable standard of jurisprudence.

 

[Reply Guy]

It will be impossible because here for many people politics is a part of their identity. How is someone that identifies as a K has argued with friends and family over years about how they are the best choice for Argentina all of a sudden going to admit that they are criminals and should go to jail?

Realizing that you're wrong about something and coming to terms with that is painful, it's a hard thing to do. Both sides will just dig in and not look at the evidence objectively.

As an expat I feel a bit removed from the politics. I have my opinions, but if they threw Macri in jail or Cristina in jail tomorrow with good cause it wouldn't upset me.

Now the US might go through the same process with Trump. I have no opinions on it, but it will be same thing there. Both sides will ignore evidence and support their side. Instead of Condor 2 and lawfare, it will be the deep state.

 

[Irelander]

Where's your evidence that Macri is more corrupt than Cristina's mob?

Evidence abounds that corruption is endemic across all sectors of Argentine society, and is not the preserve of Peronists, as their opponents are so anxious to have everyone believe.

One only has to look at last week's internal spat within the opposition 'Juntos Por El Cambio' coalition: Elisa Carrió, from the hard right of coalition, anxious that some more centrist coalition allies might be tempted into a future coalition with Sergio Massa, aims her fire at the Radical Party governor of Jujuy, Gerardo Morales, alluding to his allegedly cosy relationship with lithium mining interests in the province. Morales retorts, by means of that curiously Argentine method of 'filtered' WhatsApp messages, darkly hinting at Larreta's "negocios en la ciudad" and how the decades-old case against the Macri family, for their fraudulent debt-loading of the Correo Argentino postal service, never manages to get to the verdict stage.

One might like to think that any public representative concerned about high standards in office would go straight to the authorities if they had any knowledge of illicit dealings with speculators or judicial interference, but this is Argentina, and they're on the same anti-Peronist side, so that's never going to happen.

As for Macri himself, it was Ámbito Financiero - hardly a Kitchnerite mouthpiece - that revealed how, as President, Macri got around his own government's anti-corruption legislation to 'blanquear' (launder) US$34 million in undeclared funds from a Lichtenstein 'fideicomiso' by passing its ownership to his brother, via his mother. When this was initially revealed by a whistleblower inside AFIP, it hardly made the news at all.

 

[Reply Guy]

As for Macri himself, it was Ámbito Financiero - hardly a Kitchnerite mouthpiece - that revealed how, as President, Macri got around his own government's anti-corruption legislation to 'blanquear' (launder) US$34 million in undeclared funds from a Lichtenstein 'fideicomiso' by passing its ownership to his brother, via his mother. When this was initially revealed by a whistleblower inside AFIP, it hardly made the news at all.

Not saying this true or false, I have no idea, but isn't Ambito Financiero owned by Cristobal Lopez?

He's one of the most famous empresarios kirchneristas that there is...

 

[Stantucker]

If they are all corrupt, as some here would have us believe, then judge them all, regardless of their political affiliation, but innuendo and rumor unsupported by judicial allegations and action are worthless. I find it hard to believe in a country like Argentina where the pan de cada día is to "denunciar," those rumors would have not have already been carried before the courts, if there was anything to them.

 

[Redpossum]

Los chats que pusieron al empresario macrista Nicolás Caputo en el centro de la escena | Las pruebas que la fiscalía no quiso investigar

La vicepresidenta cuestionó a la fiscalía por no investigar la infinidad de sospechosas comunicaciones entre el exsecretario de Obras Públicas José López y el empresario Nicolás Caputo, amigo del expresidente Mauricio Macri, y otros referentes de la ob...

www-pagina12-com-ar.translate.goog

Same as usual, the banner is in Castellano, and when you click on it, the story will initially appear in Castellano, but wait a couple seconds and it will change to English. Also, it's riddled with the usual machine translation errors; the fact that the Spanish pronoun "su" can be his, her, or your (formal) gives the machine fits.

The point is that while the Macristas are falsely accusing her of construction fraud in Santa Cruz, they themselves were actually committing that crime here in Buenos Aires. As usual, Macri's childhood buddy Nicky Caputo is in the middle of it.

 

[antipodean]

If an accusation from someone who is allegedly “macrista” is automatically null and void as politically motivated or hypocritical, then an accusation from someone who is allegedly a “kirchnerista” is equally null and void as politically motivated and hypocritical. This logic obviously doesn’t leave very many people left in the state to make accusations or serve as judges or prosecutors … so best to stay silent and let impunity run wild? Or better yet, take the justice out of the judiciary and popularize it so that whoever is in power is innocent because the people “voted” for them so any crimes that may have been committed by those in power are hence implicitly justified and condoned? (A la Venezuela, Nicaragua, Russia etc.)

If there is enough evidence to warrant an investigation, anyone can make a denuncia. Let’s also remember that Argentina has been a Peronist state for almost three decades now, and Macri’s four year interruption hardly purged the judiciary of all those appointed under previous K and Peronist governments to imply the judiciary is somehow “tilted”. So instead of throwing out distractions by way of cattle fodder to confuse people as to why CFK is sitting in the dock, the discussion should be focused on letting the Judiciary do its work and the charges and evidence being disputed in court for this particular case, a la Heard vs. Depp, which would be more entertaining to say the least. Maybe we discover Dylan swallowed a Baez.

 

[ArgentinaVet]

I would argue that this is false equivalency. Nestor and Cristina paid down Argentina's foreign debt, little by little, and the only new foreign debt they took on was to re-finance the old debt they inherited.

Macri, by contrast, took on 43 billion USD in new debt from the IMF alone, and the money evaporated. Talking like they are both the same just isn't realistic, in my opinion.

Your comments about the failings of the justice system are well-founded, but again, it was Macri who stacked the supreme court with his tame judges, the ones who played football with him at his vacation home, and visited him at La Casa Rosada while they were hearing cases against Cristina. The same judges who now protect him by insisting that any case which could incriminate him must be heard at Comodoro Py. This is gross impropriety by any reasonable standard of jurisprudence.

The story of the Macri era IMF agreement has largely been mythologized and the reasons for it and the consequences of accepting an IMF bailout (or not) misunderstood.

At the beginning of the Macri administration tens of billions of new USD and peso denominated debt was issued because the BCRA had negative foreign exchange reserves at the time, USD needed to be raised to pay the holdout bondholders who refused to enter previous debt restructurings and a political decision was made not to immediately implement austerity measures. As a result of the constant issuance of new USD debt and massive foreign investor demand for peso denominated debt paying 38% annual interest at a time of no currency/ capital controls, the BCRA was able to accumulate a healthy amount of foreign currency reserves, draconian austerity measures were avoided and "life was good" for the first two years of the Macri Administration (verified by the voters in the form of midterm election victory). Essentially the Macri administration was getting away with funding ongoing government peso denominated expenditures by selling USD denominated debt and high interest rate peso denominated debt that could be converted to USD and wired out of the country at the snap of a finger.

Eventually (early 2018) market participants realized the Macri Administration was unwilling/ unable to implement the type of reforms needed to get inflation into the single digits and for the economy to grow sustainably and there was a rush to the exits out of the peso denominated debt market spearheaded by JP Morgan. By July/August of 2018 the the stampede out of the peso denominated debt market had gotten to the point that the currency lost half its value and it became clear that without a backstop of some sort the Macri admin might not make it to the next election.

At this point the Macri Administration made a bet that by accepting an IMF bailout and IMF dictated austerity measures/ reforms a default could be avoided, previously avoided reforms implemented, and after re-election Argentina would regain access to world debt markets and the economy would start growing again; the entire point and stated purpose of the IMF loan was to be able to pay off private creditors with higher interest rates using lower interest rate IMF money. Unfortunately this was an unrealistic (unrealistic because in order for Argentina to be able to sustainably pay off foreign currency debt they have to run fiscal and commercial surpluses) and losing bet, and the real long term consequences of the Macri IMF deal are the following: $43 billion USD worth of private creditor debt that would have taken a 60-65% haircut (35-40 cents on the dollar) in the subsequent (and inevitable ) debt restructuring will now have to be paid back to the IMF at 100 cents on the dollar. Its even worse that that considering the current value of the private creditor debt is 20-25 cents on the dollar but said IMF debt still has to be paid off at 100 cents on the dollar.

 

[MilHojas]

Argentina prosecutor seeks 12-year jail sentence for VP Kirchner

An Argentine federal prosecutor requested a 12-year prison sentence on Monday for Cristina Fernandez de Kirchner, the country's former president and current vice president, on corruption charges related to public works.

www.reuters.com

 

[antipodean]

Alberto Fernández: “Nisman se suicidó, yo espero que no haga algo así Luciani”

La inquietante frase la dijo el Presidente en una entrevista televisiva mientras intentaba defender a la Vicepresidenta de la acusación por corrupción. La declaración generó repudio de la Justicia y un impacto político inmediato

www.infobae.com

As if we need any more proof of character of the violent neo-fascist mafia of golpistas ruling this country, referring to case against CFK, President Alberto Fernandez said: “…Nisman committed suicide, nothing else has been proven, and I hope something similar doesn’t happen to prosecutor Luciani”.