Strong ruling party leader ignores Cristina Fernandez ‘dollar clamp’ policy
Following recent criticism from President Cristina Fernández in support of her ‘dollar clamp’ policy, Buenos Aires province Governor Daniel Scioli justified his savings in US dollars by affirming he needs to travel overseas because of his physical problem.
“I have a physical problem that is obvious and that forces me to travel once a year, so I have to be reasonable about the availability of resources toward my treatment” said the governor in reference to his prosthetic arm.
The Cristina Fernandez administration has been implementing for over two years a policy that discourages Argentines to deal and save with US dollars, arguing the US currency is needed by the Treasury to honour debts and pay for imports. Since last July there are no new bank savings accounts in dollars in Argentina.
However Governor and presidential hopeful Scioli said that he resolves such “matters” in “appropriate areas,” adding that he has certain “differences” with the President, although recognizing that she directs an “ample” following, and that they complement each other nonetheless.
“We generally agree on matters beyond each other’s nuances, (which) have been demonstrated throughout these intense ten years,” Scioli insisted, suggesting he did not have to “overact” his “loyalty.”
The governor stated that “this works as in any team: we are different and complement each other,” adding that he told late former President Néstor Kirchner that “close-minded thought is not good.”
Scioli also referred to his relationship with Conservative Buenos Aires Mayor Mauricio Macri who President Cristina Fernandez is constantly targeting given his presidential chances.
“We have known each other for many years, and” their “wives are friends,” but that it is “clear” that they “belong to different parties.”
With regard to the financial situation in his province, the governor said that his administration will attempt to “maximize the optimization of the revenue allocated for spending,” but that creating or increasing tax was not an option, because a “maximum” level had already been reached, and such a policy would be detrimental to economic activity and competitiveness.
Scioli, Cordoba governor Jose Manuel de la Sota, Tigre Mayor Sergio Massa and Macri are names seriously considered as potential presidential candidates for 2014. This however collides with ultra-Kirchnerite attempts (allegedly sponsored by CFK) to amend the constitution and have Cristina Fernandez bid for a third consecutive period.
Scioli who was introduced to politics in the early nineties by former president Carlos Menem was several years world champion of offshore powerboat competition until in December 1989 he lost an arm during a race in the Parana River.
Not good at speeches, nevertheless he is more easy going, amicable, tolerates criticism, is open to dialogue and has a more mild attitude towards the opposition, some of the qualities that many Peronist leaders have seen evaporate from President Cristina Fernandez as she becomes increasingly arrogant and almost authoritarian particularly in her party dealings.
He was re-elected governor in the province of Buenos Aires two years ago with sufficient margin to help Cristina Fernandez with her landslide victory and re-election.
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Expecting crypto-fascist despotic ruling elites to actually do the same as the proles is expecting a little too much, methinks.
Now shut up and continue toiling for the motherland.
The argentinian poor are kept poor, because this provides a huge number of poor uneducation and easily manipulated folk to vote for them at the expense of a bag of groceries.
Using this formula you can keep yourself in power ad finitum.
He is a HORRIBLE HORRIBLE Governor.
I was talking to a friend over the weekend who said the crime is OUT OF CONTROL in BA Province, so far it is kinda OK in Cap Fed but the Prov is very dangerous with lots of Sucuestro Express (es) happening. Which means lots of kidnappings where thugs take you in a car and either call your family for a payment or drive you around to ATMs until you can't withdraw any more then drop you in the middle of a slum to find your way home.
I am so glad I am not living there any longer,
What a horrible place,
www.buenosairesherald.com/article/102312/i-save-in-dollars-because-i-feel-its-my-right-to-do-so-an%C3%ADbal-fern%C3%A1ndez
How the ARG peso is below 10 to the dollar is astonishing, reckon the true value of the is around 3-4 cents....( 25-30 pesos to the dollar apprx. ). That's until the default, then all bets are off!
www.lagaceta.com.ar/nota/529265/economia/dolar-blue-sigue-siendo-vedette-verano-ya-trepo-730-tucuman.html
Why would you give up U$ to KNOW you'll have 20% less buying power next year?
My guess is it will be much more than a 20% devaluation in the real exchange rate though...much more!
Better save in dollars, vintage wines, luxury items, anything.
The guy may be a “tool” but often DOES take a position against CFK, which is surprising since he is a peronist. And as @10 says: “at least hes pissing CFK off!”
I suspect he would rather resign than turn in his $ at the official rates. If he does cave I expect he will go on a buying spree first to get real estate and other non-peso assets. No one trust in the peso.
Gosh what a paradise!
18. Depends on what you mean by healthcare, Public Hospitals are disgusting, super dirty with used equipment that the USA discarded in the 50s. If you are sick with anything complicated you'll most likely die if you are treated in Argentina. But in general the Dr are nice if you have insurance and go to a private clinic. Even in the private clinics the technology is pretty dated, you wouldn't want to do any major surgery or some new procedure there.
It's worth adding that the late Dr. René Favaloro pioneered bypass surgery, and his clinic in Buenos Aires does just about everything anybody here can - presuming you have something other than basic state-sponsored coverage at public hospitals.
My advice if you get sick is to get back to civilization.
#3 that because you don't know how prices are set in a free market, and if you save in dollars you can't complain about hyperinflation, when there is no structure to support a peso economy.
www.investopedia.com/terms/m/microeconomic-pricing-model.asp
#4 I guess you come from a part of the world where there was never any slavery.
#7 amazing what people will say and do for power.
#8 a bit like the UK and US terror propaganda in the middle east?
#11 that was a plot by macri who let the police in Buenos Aires lose against the poor and then shut off the electricity in public places. Claiming the city couldn't afford the bills, a month later he unleashed a strike against CFK without much support, and 2 to 3 months later moyano from CGT lunched another strike while macri sat out of the spot light to play with the electricity grids with his allies. That was the end of macri's presidential dreams, now we have this clown who rather then working from a political position to better the health of all Argentines wants dollars to run away to another country, I want to offer him my job in Canada where he can collect all the dollars he wishes and pay taxes for a better health care system in exchange for his job in Argentina, there should be laws in Argentina to root out corruption in public service. If he had said he needed dollars to refurnish university, hospitals, schools or build any public work this report can help him, but this just blows the whistle on corruption and ineptitude.
#16 this guy is inept, if he had invested in property he wouldn't be here licking his wounds. He could be celebrating with the rest of us Argentines who can now afford to buy property.
#17 CFK forever.
#18 the health care is as good as a free horse, how is it in your country? Go or or free?
This from a country that can't control a NON-Native mosquito (west nile), and who is the only country on Earth right now being brought to its knees by a simple flu bug...
hahahaha.
Vacation mode back on... see ya in a week.
Do you trolls not remember that cringe worthy rant that TMBOA gave about why argies should have the Malvinas back, this mythical place: good job she was not ranting about the Falklands, seeing as argies have never had them in the first place.
Anyway TMBOA, to demonstrate her mental health problems to the world, justified it because ‘our’ birds fly there and come back.
Guess why N. America has the West Nile Virus: YES, it is carried by infected birds and spread by mosquitoes feeding on the blood of the bird and then feeding on humans.
I would have thought more of you had you encouraged that vile bunch of desperate bums you call a government to carry out THEIR duty and eradicate the aedes aegypti mosquito (though any other varriant of aedes will carry the virus) primarily responsible for Dengue Fever from the NW of AG.
Unlike the West Nile Virus which is only fatal in subjects that have very poor health generally, Dengue Fever can KILL otherwise healthy people in all its guises. The hemorrhagic phase is particularly dangerous and can kill 15% of people who contract it.
So are you going to laugh at your our, despotic, country or just ignore the facts as usual?
Another crass comment.
#26 that's right we never had fakland because it is a British corporation, we have islas Malvinas Argentina a real island in the south of Argentina, and we will get it back as soon as Argentina builds a nuclear defense program 100% made in Argentina, it all matter of time now and Argentina's self determination dictates that UK and Us have no say in it, pari passu for all or justice for none.
www.fihplc.com/index.php?section=0
axisoflogic.com/artman/publish/Article_64333.shtml
You seem to be having some kind of delusion, dreaming of islands that don't exist.
And it's obviously not enough time to jump on thesaurus.com either. LOL
I suggest your final sentence should read 'to keep politics off the rails' if you want to be accurate.
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