Mauricio Macri was backed by the major media, led by the Clarin conglomerate, as well as by the international financial press (Financial Times, Wall Street Journal, etc.). Wall Street speculators and Washington’s overseas political apparatus subsidized his electoral campaign.
Macri, his family, cronies and financial accomplices, transferred public resources to private accounts. Provincial political bosses and their patronage operations joined forces with the wealthy financial sectors of Buenos Aires to secure votes in the Capital.
Upon his election, the Mauricio Macri regime transferred five billion dollars to the notorious Wall Street speculator, Paul Singer, signed off on multi-billion dollar, high interest loans, increased utility fees six fold, privatized oil, gas and public lands and fired tens of thousands of public sector employees.
Macri organized a political purge and arrest of opposition political leaders, including former President Cristina Fernandez Kirchner. Several provincial activists were jailed or even assassinated.
