Goodbye Cristina - Game Over.

[glasgowjohn]

"Medios demonicos"..............?

6,7.8?

 

[Silvie]

Goodbye Cris

https://youtu.be/wc7WzAstcXg

 

[scotttswan]

Lots of police all over the Congreso area, Metropolitan and Federal. Only saw some people throwing some eggs out the window at the passing Campora though.

 

[ElQueso]

So Vanoli did what a lot of us expected he would, resigned:

http://buenosairesherald.com/article/204660/central-bank-chief-vanoli-submits-resignation

The BA Herald edition is pretty succinct and doesn't say much. it did have part of the quote of his letter that showed him in a good light, saying nothing bad about anything or anybody. A part of a paragraph that seemed like a short letter of resignation.

https://www.scribd.com/fullscreen/292804093?access_key=key-rTRsrRwbIIHua5lhPd3n&allow_share=true&escape=false&view_mode=scroll

That's the whole letter, scanned, in PDF format.

Hehe.

The first half of the letter reads like a resume, or perhaps an economist's idea of how Beowulf should have been written - the fight against the beast of oligarchism and reactionism (though I don't believe he used those words - I skimmed through a lot of it and might have missed something specific). He talks about what great things they've done for the economy and people of Argentina and how great things are as of his leaving the central bank.

According to him, "the financial system reflects a profound solidity. with ample liquidity, low delinquency without the weak mismatched currency structures of the 90s."

He goes on to talk about what should be done and what should not be done in the future. I stopped reading at this point because it's 6 pages of bullshit and I couldn't wade through the rest with everything I've got going on. Heh.

 

[ElQueso]

My wife came into my office asking me if I heard what was going on outside. My office is very quiet, i hadn't heard a thing. She said "it sounds like a cacerolazo". We went out on the balcony and listened as one more time people banged on their pots. I looked at my wife and asked her what time it was. She looks down at her phone and says "12:00. Midnight."

People hollering, clapping, celebrating.

Ya esta.

 

[ben]

Yep. Sounded like the end of a successful football game.

In this case, the celebration is just because the game is over.

 

[ElQueso]

About his time as the go-to guy (he insists he's neither president nor even caretaker) before Macri gets sworn in:

Pinedo dijo: "Las ceremonias en una democracia tienen el sentido de diferenciar cómo uno actúa como persona de cómo uno actúa como representante del pueblo. De manera tal que respetar las ceremonias y los procedimientos democráticos es respetar a quienes representamos. No podemos quedar bajo el capricho de nadie. Nosotros tenemos eso muy claro".

No lo podia haber dicho mejor yo mismisimo.

 

[gpop]

Colorín Colorado, los 12 años se han terminado!

 

[Silvie]

 

[ben]

About his time as the go-to guy (he insists he's neither president nor even caretaker) before Macri gets sworn in:

Pinedo dijo: "Las ceremonias en una democracia tienen el sentido de diferenciar cómo uno actúa como persona de cómo uno actúa como representante del pueblo. De manera tal que respetar las ceremonias y los procedimientos democráticos es respetar a quienes representamos. No podemos quedar bajo el capricho de nadie. Nosotros tenemos eso muy claro".

No lo podia haber dicho mejor yo mismisimo.

What is refreshing about this is that he openly admits that the whole situation regarding this fallo is a bit rotten. It's all a bit of a cluster----.

It is not normal that a functioning democratic state suddenly inserts a requirement for a caretaker government upon every transfer of power. It is a stunning indictment of the state's institutions.

Most normal countries don't work that way. The outgoing President is the President until the President-elect has become President. Otherwise you're creating a power vaccum. And not as a one-off thing, either - this is now binding precedent in this country unless changed. It's just not normal.

It doesn't make a whole lot of sense, either. The ruling as applied to the president would need to apply to the totality of the executive branch, which gives rise to a lot of issues. Is Sergio Berni minister of security today or not? He's definitely responsible for a hell of a lot of security today. Is that included within his functions, or is he working overtime - possibly in contravention of the court's order?

Yes, everybody understands that this thing was not aimed at Berni - but then what of the respect for institutions which Macri promises? Seems that a pretty important institution was thrown down today in the name of a smooth takeover for Macri today.

The whole point of a presidential handover is that it can be handled between the two sides without judicial intervention/kindergarten-level supervision. And that managed to work OK even when the military relinquished power. That it could not work here - that the macrismo had to appeal for a breathtaking curtailing of the presidential prerogative - is in the larger picture nothing short of terrible. It may have been unavoidable, but it still sucks.

If Macri can solve this by the time he leaves office - if he can resolve the stupid precedent that has been created, but as part of a larger reform that obviates the need to appeal for such a measure - that would be a serious achievement. If this would be emblematic of a general strengthening of institutions, better yet.