Thursday, January 16th 2014 - 09:34 UTC

Argentine central bank reserves fall below the 30bn dollars threshold

Argentine central bank international reserves continued to erode and on Wednesday pierced through the 30bn floor threshold reaching 29.858bn dollars, the lowest level since November 2006. On Tuesday reserves stood at 30.019bn.

The Central bank lost 30% of its reserves last year

 Since the beginning of 2014 the Central bank has intervened daily trying to sustain the exchange rate with an “administered devaluation”, which so far has proven non effective. In the twelve months of last year the Argentine central bank lost 30% of its reserves.

“The central bank intervened with sales in exchange houses and at the end of trading recovered some of the lost ground because of sales from the private sector, most probably from the mining sector, which helped with the 'miracle' of impeding further losses of reserves”, said money exchange traders in Buenos Aires.

Argentina is short of hard currency because the country remains absent from money markets as a consequence of pending litigation with hedge funds, plus the fact that the country's unorthodox policies do not convince investors.

Even short in dollars Argentina must pay for imports, maturing debt and the energy bill, because it is now several years since the country from an exporter of oil and gas has become a net importer. Frozen extraction prices during almost a decade scared any possible exploration or drilling for new resources.

It was only with the seizure of YPF from Repsol that the rules of the game have changed and are interesting for the development of oil and gas shale deposits, but this takes time.

64 comments Feed

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1 Captain Poppy (#) Jan 16th, 2014 - 09:43 am Report abuse
The vortex is spinning faster and faster. Will someone in the Argentine government have the balls to end this madness?
2 Briton (#) Jan 16th, 2014 - 10:49 am Report abuse
Nero ??ect ect,
Rome burns ect ect,

CFK ect ect
Argentina collapses , ect ect ,

3 yankeeboy (#) Jan 16th, 2014 - 11:09 am Report abuse
They are spending a fortune and can't control the slide.
They won't have any U$ coming in until Mar/Apr
Could the Peso be 15/1 by then?
4 Optimus_Princeps (#) Jan 16th, 2014 - 11:41 am Report abuse
Prediction: More desperate stupid restrictions, more interference, and an even faster drain on the nation's reserves.

Oh, wait. That's not a prediction, it's a repetitive cycle. I guess the Kirchnerites think they can fail upward.
5 MagnusMaster (#) Jan 16th, 2014 - 01:16 pm Report abuse
I guess soon they will start rationing all imports. Well, they already do that, but I mean with rationing cards like in communism.
6 Welsh Wizard (#) Jan 16th, 2014 - 02:34 pm Report abuse
And so, ANSES will sell bonds in the international market and the government will do its usual dollar peso swap routine to get hold of more dollars. See link below:
7 Conqueror (#) Jan 16th, 2014 - 02:47 pm Report abuse
@2 What's “ect, ect”? The abbreviation for “etcetera” is “etc”. Notably, the “c” comes AFTER the “t”. Not difficult.

Wouldn't it be a good idea if the UN declared argieland to be non-existent? Send in UN troops in overwhelming numbers. 500,000 would be a good start. Arresting all members of the “government”. Disarming the armed forces, police and paramilitaries. Proscribing La Campora and Quebracho and imprisoning all “members”. Imposing a “no-fly zone” and shooting down anything that tries. Search for money in any form. Seize the lot.

Ban spanish. Require all argies to learn and speak English. First step tp honesty!
8 Vulcanbomber (#) Jan 16th, 2014 - 04:32 pm Report abuse
@ 7 Conqueror

Dont forget making them drive on the left hand side of the road, after all, in 82 the invasion troops tried to make the islanders drive on the right, rather strange as most roads were single, but the islanders defied the troops and good on them

BA to be renamed Thatchertown, or New Brighton
9 Welsh Wizard (#) Jan 16th, 2014 - 04:46 pm Report abuse
Blue at 11.45/1
10 yankeeboy (#) Jan 16th, 2014 - 05:59 pm Report abuse
9. I wonder what will stop this rocket? It is an incredible rate of depreciation. I always thought 10/1 would be the panic number and it looks like I was right.
Trying to pawn off Anses bonds like they aren't Rg Gov't bonds isn't going to cut it.
It is amazing to me that CFK gov't think everyone is as stupid and corrupt as they are.
11 LEPRecon (#) Jan 16th, 2014 - 06:41 pm Report abuse
@8 Vulcanbomber

“New Brighton”...You mean New New Brighton, as New Brighton is close to Birkenhead. ;)

As for Argentina, it's getting close to collapse time, and this will be far worse than 2001. This time Argentina will be defaulting upon itself. No pension, no money for federal employees, no police, no health workers, no firefighters, no Armed Forces.

It other words, they're going to have nothing.

I've never seen a country descend so quickly towards '3rd world status'. I don't say 'developing' as Argentina is heading in the opposite direction of most 'developing' countries. Devolving perhaps?
12 Briton (#) Jan 16th, 2014 - 07:12 pm Report abuse
but was for the argies benefit,

they could always bankrupt themselves again.
13 axel arg (#) Jan 16th, 2014 - 07:18 pm Report abuse
Although i have never expected any serious lecture from any of the cretins who often enjoy the published news about the structural problems of argentina, i must recgnize that not all people here are neather reactionary nore cretins, in fact, i could have interesting debates in a few opportunities with people who don't think like me.
This article is really too poor, because it just tells about the decline of our reserves, but the lecture is very partial.
It's necesary to say that the 75% of the decline of our reserves, is due to the government decided to pay debts with reserves, which is a mechanism that it has used since 2010, however they continued to grow. The problem is that since more than one year ago, the number of reserves hasn't increased, and it's mostly due to corn exporters have sold their harvest very slowly. In the actual politic and economic scenario there are no objetive reasons in order to use this mechanism by them, actualy what the most important corn exporters are doing is pushing the government, in order force it to make a hard devaluation, which is a decision that would benefit them only, but in detriment of the rest of the society.
I have always known about this kind of mechanism, used by powerful corporations, it's not new, the problem is that in other opportunities those cretins could get a way with it, because all the rest of the governments were too weak. The situation is very different now, because c. f. k's government is not weak. For all these reasons, i think that the government must keep a hight trade surplus, because it's one of the few mechanims that it can implement, in order to no to cede before the extortion of those cretins.
On the other hand, despite all the structural problems that our economy still has, last year we had an economic expansion which was over 5%, anyway i know it's a bad news for the cretins who often rejoice their selves with our problems.
14 yankeeboy (#) Jan 16th, 2014 - 07:23 pm Report abuse
My gosh another brillian post from Axel.
Who would have thought all of Argentina's economic problems were caused by corn
Axel you are retarded
simply and utterly retarded.
15 Briton (#) Jan 16th, 2014 - 07:32 pm Report abuse
If she was to leave the islanders alone,
perhaps she would not have all these problems,

her government , her decisions , her problems .lol
16 bushpilot (#) Jan 16th, 2014 - 08:00 pm Report abuse
@13 Axel Arg

“and it's mostly due to corn exporters have sold their harvest very slowly”

Government ought to tell people when to sell their property very seldom. Government needs to do their job (maintain reserves) with mechanisms that don't violate peoples democratic rights to own property and to sell it when they want to.

Bureaucrats are paid to do a job (maintain reserves). When they don't do their job:

1) They get fired?
2) They have to give back the money they were paid because they didn't do what they were paid to do? OR
3) The corn growers have to change what they are doing??????

Alex, if some bureaucracy told you, you had to sell your property now, for the good of the nation, and that was not what your plans were, you would think they are wrong to do that.

“ because c. f. k's government is not weak”.

Then why are the reserves going down? Wouldn't a strong government have many mechanisms to counter forces that are bringing down reserves?

“the government must keep a high trade surplus, because it's one of the few mechanisms.......”

Is this mechanism able to maintain reserves? The reserves are going down.

Will this mechanism out last the corn producers' tactics?
17 yankeeboy (#) Jan 16th, 2014 - 08:17 pm Report abuse
Why would anyone sell at 7/1 when they deserve 12/1?

I can hear it now, this is all caused by the evil farmers and sepoys wanting a coup.

Gads how pathetic.
It just shows you how dumb most of the people there are.

Won Decade = Lost Generation

BTW Axel 3300/12-= $275 I was 3 weeks off in my prediction for your salary.
18 Be serious (#) Jan 16th, 2014 - 08:42 pm Report abuse
Terrible news Argyland is on its knees .......again.
19 Brasileiro (#) Jan 16th, 2014 - 09:03 pm Report abuse
Throughout South America had problems with dry, since 2011. The drought problem is being resolved by nature. However, drought in Europe and the U.S. to nature does not.
We do not accept more immigration.
Wars no longer resolve.
And NOW?
Europe goes back to what is really...
20 bushpilot (#) Jan 16th, 2014 - 09:28 pm Report abuse
21 Leiard (#) Jan 16th, 2014 - 10:19 pm Report abuse
I am really enjoying this drought here in the UK!

Axel -
you might consider that having to import so much oil will not help your bank reserves - this years imports are going to cost more than 14 billion US$.
22 Pirate Love (#) Jan 17th, 2014 - 12:37 am Report abuse
@11 send in the legend that is “the Birkenhead tranny” he would scare off any would be invaders
23 bushpilot (#) Jan 17th, 2014 - 01:14 am Report abuse

The diminishing reserves is not due to the oil imports, it's the corn. He's researched this.

It's not really anything serious, it's just a minor “structural” discrepancy, to be corrected shortly.
24 Andy65 (#) Jan 17th, 2014 - 01:16 am Report abuse
When all else fails BLAME THE CORN-wonder if Crissy as had her dirty little mitts in the reserve pot???
25 paulcedron (#) Jan 17th, 2014 - 01:27 am Report abuse
“It other words, they're going to have nothing.”
keep dreaming súbditos de segunda.
at least we don´t have riots like in the uk.
uk: disgusting place, disgusting people
26 Andy65 (#) Jan 17th, 2014 - 01:29 am Report abuse
@paulcedron,ARE YOU FOR FOOOKING REAL where the hell was this then reported by your Russian friends you prick
27 bushpilot (#) Jan 17th, 2014 - 01:46 am Report abuse

What do you think of Alex Arg's post?

He argues the diminishing reserves is just a “structural” problem. And it was brought on not by the CFK administration but by the corn producers.

Do you agree with Axel that this is not a catastrophic problem and it will be dealt with just like other countries deal with all their little problems and move on?

Do you see corn producers as a major contributor to this problem?
28 Captain Poppy (#) Jan 17th, 2014 - 01:54 am Report abuse
#25 PM when you were in the UK, what town/city did you find the most disgusting?

riots in Brazil:

riots in Brazil:

over GAMES!
29 yankeeboy (#) Jan 17th, 2014 - 02:02 am Report abuse
25. Anyone who thinks the UK is disgusting has never been there. Your jealousy is making you post stupid statements.
BA is not even in the same league as London.

BA is dirty, dangerous, crumbling streets and sidewslks., graffiti, full of scofflaws, children begging in the streets, slums.

London is one of the world great cities amazing architecture,clean, the best shopping,clubs,restaurants, safe. Its where billionaires , royalty,celebrities have extra homes. You don't see that in BA.
Youre a sad sad jealous guy.
30 paulcedron (#) Jan 17th, 2014 - 02:32 am Report abuse
so funny this 3rd class newspaper only publishes bad news from argentina.
it is even funnier that its brainwashed, not too much brilliant readers trust in it as if it was the bible.
it would be like having a newspaper that only publishes this:

Detention centre castigated over death of elderly man

Greater Manchester police charged over shooting of Anthony Grainger

Almost 1,000 UK teachers accused of relationship with pupils in five years

Steve Bell on debate about UK's military capabilities
31 bushpilot (#) Jan 17th, 2014 - 03:12 am Report abuse
Can you post some links with some good news from Argentina?
32 LEPRecon (#) Jan 17th, 2014 - 06:29 am Report abuse
Hey Pauledron!

Argentina is running out of dollars and all you can do is post links to the worst and most socialist newspaper in the UK?

Argentina is running out of dollars. Inflation is going through the roof. People are going without electricity, and basic staples and criminal activity is increasing exponentially. Argentine infrastructure is crumbling away around you.

Argentina is about to default AGAIN! This time, however, Argentina will be defaulting upon it's own people.

The Argentine government has stolen their pensions and their futures. This default will make the one in 2001 look like a minor hiccup. This one will HURT the people greatly.

And the incumbent Argentine government? Well they'll be okay, with the millions of dollars, that belonged to the Argentine taxpayer, which they have squirrelled away in overseas off-shore bank accounts.

Argentina. The only country in the world that is retreating instead of advancing. Even developing countries are improving their own lot, but Argentina is destroying itself through mismanagement, corruption, and the acquiesce of the Argentine public itself as it stands by and applauds the government as it steals right in front of their eyes.

Argentina. Which will go down in history as a country that destroyed itself, without any need for outside interference.

Your 'South American' brothers are circling like vultures waiting for the death throes to stop, then they'll swoop in and take what they want. By then, they Argentine public will probably be cheering them on, as they come in and save you from your own greed and stupidity.
33 paulcedron (#) Jan 17th, 2014 - 11:09 am Report abuse
we were in worse situations than this and we survived.
this govt is shit, but they are in their withdrawal.
and do not confuse the govt with the whole country,
we still have a lot of resources to stand up again in a short period of time.
34 Monkeymagic (#) Jan 17th, 2014 - 11:25 am Report abuse

The first sensible post from you in a long long time.

The conclusion from your post would be to get rid of your “shit” government and use your resources to “stand up again in a short period of time”.

i could not agree more wholeheartedly...

Despite what you believe, we would all love to see a prosperous and successful Argentina, without the Peronist/Kirchnerites. An Argentina that stopped trying to steal a geroup of islands that has nothing to do with them...and concentrated on using its own people and natural resources for its own benefit.

Here, here.
35 yankeeboy (#) Jan 17th, 2014 - 01:04 pm Report abuse
32. I think you are mistaken, you are under the belief that 2001 was as bad as it could get.
You are wrong, very very wrong.
Argentina is being set up to be used as an example of what happens when you don't obey Int'l rules.
The Int'l community want's you to suffer and pay
Maybe just for a few years until you understand and learn the lesson
but it will be enough for you to remember.
36 paulcedron (#) Jan 17th, 2014 - 01:14 pm Report abuse
monkey, we all are, in the vast majority, sensible people.
now. when you find a newspaper that concentrates all its efforts in talking shite about your country, (not only about your govt), your reaction could not be the most sensible.
about the islands, i have a particular position.
i think they are an integral part of the argentine territory, but after 180 years there, a war, and all that shite, they have the right to be there as british territory, an independent country or whatever you want.
anyway,as you know, there is not the slightest possibility of armed conflict from argentina.
not even the kircheneristas would accept it.
that´s why many latin american countries, not only argentina, rejects cameron´s policies about militarizing a sensitive part of south america.
37 yankeeboy (#) Jan 17th, 2014 - 01:21 pm Report abuse
i think they are an integral part of the argentine territory,

how so?
Like Uruguay maybe?

You have been brainwashed.

It is the UK's responsibility to protect their land and people. We have more military equipment and people in Paraguay practically on the Arg border and yet nary a peep. So that's another lie.
38 paulcedron (#) Jan 17th, 2014 - 01:42 pm Report abuse
and who are “we”, you yankee wannabe?
you must be the only yank that never left puerto stanley.
protect their land (?) and people from what?
the militarized areas in the frontiers with paraguay and brazil are part of a joint action against crime and drug dealing.
anyway, none of your business “yankee” islander.
39 yankeeboy (#) Jan 17th, 2014 - 01:56 pm Report abuse
All countries have some sort of military to protect themselves, from invasion, pirates, incursions. Even little peaceful Uruguay.
Do you seriously think that any territory would go unmolested if there was not something to prevent it?

BTW I've only been to the beautiful peaceful Falklands one time. I am American.
And we have much bigger plans for the base in Paraguay than monitoring the tri-borders and yet nary a peep from Argentina.
So what gives?
40 paulcedron (#) Jan 17th, 2014 - 02:15 pm Report abuse
“you” have plans?? lol
your only plan is trying to fish something not to die of starvation
41 yankeeboy (#) Jan 17th, 2014 - 02:40 pm Report abuse
Back at ya.
I hope you've been saving up Sugar and laundry detergent so you have something to trade when the peso is at 100/1.
42 paulcedron (#) Jan 17th, 2014 - 02:56 pm Report abuse
yankee wannabe, most of us know very well what we have to do in these situations.
that's why argentina is one of the nations with more quantity of dollars.
so, try to catch something for eat and stop talking bullshite
43 yankeeboy (#) Jan 17th, 2014 - 03:01 pm Report abuse
yes Rgs know they have to burn tires, block roads, put on masks and scarfs to hide their faces while they destroy private and public property to get some sort of gov't concessions.
Did you see the teachers are asking for 100% raise this year
Is that hyperinflation in Argentina or do you wait until it gets to 500% to start calling it that there?
44 paulcedron (#) Jan 17th, 2014 - 03:18 pm Report abuse
are you trying to teach something to us, you halfwit?
yes there is high inflation rate due to this govt, yes there are manifestaciones, so what?
the u.s has the most violent manifestations due to racism, wars and all kind of wonders.
the u.k. riots was not a child´s play either.

yankee wannabe...pathetic
45 yankeeboy (#) Jan 17th, 2014 - 03:22 pm Report abuse
Race riots in the USA? That's surprising. When 30 yrs ago? In 1 or 2 areas of 1 or 2 cities?
Come on you must have some old links you can drag up to prove that.

Argentina has violent protests almost every day. Right now the gendarmia has been called to Cordoba and Ente Rios has civil unrest and looting.
Are you so concentrated on your misguided hatred for the UK you don't see your country is going down in flames around you?
I think so
46 axel arg (#) Jan 17th, 2014 - 03:22 pm Report abuse
Your lecture is really decadent, actualy it's charasteristic of ignorant people who have no more than the tipicall too partial knowledge about the structural problems of our country, and about the behaviour of the social actors who interven in the problematics. Anyway i know that this kind of ignorant lecture is very usuall in imperialist nations, which have a pathetic and reactionary stigmatizing view, in relation to periferic nations like argentina, especially since most our countries aren't nobody's backyards anymore, like they used to be for many years.
The mechanism i described is very usuall among powerful corn exporters, especially in an economy like our's which is mostly oligopolic and foreign. Anyway, it would be interesting to analyze whether in the actual context there is so much incertitude, and whether the government is weak, in order to justify the behaviour of those people, the answer is no. C. f. k's government is not weak, beside, those corn exporters have had huge profitabilities in the last decade, and it's not only because of international prices of the commmodities, it's also thanks to the policies of the government.
On the other hand, keeping a high trade surplus, will help just to mitigate the effects of the mechanism that those cretins usually use. Since 2007, c. f. k's government has had to tolerate six intents of economic runs, made by powerful corporations, in order to force her to make a hard devaluation, however, if they couldn't get a way with it, it was mostly because the government has used reserves, beside it has kept a high trade surplus, with the purpose of stopping or mitigating the effects of those economic runs. In other politic contexts, where governments were weak, that mechanism made fell a government like raul alfonsin's in 1989, who suffered a financial coup d'etat.
47 yankeeboy (#) Jan 17th, 2014 - 03:32 pm Report abuse
Oh there it is again!
Corn growers the evil sepoy corn growers

Axel you're an idiot
a brainwashed idiot

Go away or start paying me to read those ridiculous posts.

BTW your monthly salary is almost down to the price of a good dinner with nice wine.

have you started learning to juggle like your students do in the traffic?
48 paulcedron (#) Jan 17th, 2014 - 03:36 pm Report abuse
yank wannabe
“Race riots in the USA? That's surprising. When 30 yrs ago? ”

i told you.
you have never been to the u.s.
49 yankeeboy (#) Jan 17th, 2014 - 03:42 pm Report abuse
50 people at a rally is not a “race riot”
We do allow people to protest here
Riots are what you have in the Provinces right now
Where they smash stuff and steal
We haven't seen that on a large scale since before I was born

You post the stupidest links
Do you even read them before you post or just the titles?

You're as dumb as Axel and that is saying something.
50 paulcedron (#) Jan 17th, 2014 - 08:11 pm Report abuse
imbecile 49
no race riots in the u.s in the last 30 years?
1989: Overtown Riot (Miami, FL) In a reaction to the shooting of a black motorcyclist by a Hispanic police officer in the predominately black community of Overtown in Miami, residents rioted for two nights. The officer was later found guilty of manslaughter.
1991: Crown Heights riot (Crown Heights neighborhood, Brooklyn, New York City)
1992: Los Angeles Riots (Los Angeles, California): In a reaction to the acquittal of all four LAPD officers involved in the videotaped beating of Rodney King and the murder of Latasha Harlins; riots broke out mainly involving black youths in the black neighborhoods and shop owners in Korean neighborhoods, but overall rioting was mainly to get out the frustrations of the racial groups over the racial tensions that were building in the South Central neighborhood for years[citation needed].
1996: St. Petersburg Riots (St. Petersburg, Florida): After Officer Jim Knight stopped 18 yr. old Tyron Lewis for speeding, his car lurched forward and Knight fired his weapon, fatally wounding the black teenager. Riots broke out and lasted for about 2 days.[citation needed]
2001: Cincinnati riots (Cincinnati, Ohio): In a reaction to the acquittal of Steven Roach after the fatal shooting of an unarmed young black male, Timothy Thomas, during a foot pursuit, riots broke out over the span of a few days.
2003: Benton Harbor riots (Benton Harbor, Michigan)
2005: 2005 Toledo Riot (Toledo, Ohio): A race riot that broke out after the Neo-Nazi protest marched through a black neighborhood.
2006: Fontana High School riot (Fontana, California): Riot involving about 500 Latino and black students[48]
2006: Prison Race Riots (California): A war between Latino and black prison gangs set off a series of riots across California[49][50]
2008: Locke High School riot[51] (Los Angeles, California)
2009: 2009 Oakland Riots (Oakland, California): Peaceful protests turned into rioting after the fatal shooting of an
51 yankeeboy (#) Jan 17th, 2014 - 08:25 pm Report abuse
Prison riots, high school riots?
Are you retarded?
Please please please read the links and the wiki cut and pastes before you print them
You are as dumb as Axel.
poor stupid sudaca
52 ron_57 (#) Jan 17th, 2014 - 11:16 pm Report abuse
@51 aka troy tempest

..... i like your Living Sign low pay...
... the usa goverment don't have money to cover the unemployment “insurance” ....
53 paulcedron (#) Jan 18th, 2014 - 12:56 am Report abuse
51 big ball of fat.
only 2 (two) of that list were committed in high schools.
yankee y boludo: great combination
54 Captain Poppy (#) Jan 18th, 2014 - 01:19 am Report abuse
yankee you get the feeling we know this “untraveled” PC? You should feel pretty good knowing you must have twisted it's balls, albeit minute, for it to resort to insults.
55 yankeeboy (#) Jan 18th, 2014 - 04:07 pm Report abuse
He causes his own misery by posting stuff and not reading the content or taking it out of context.
56 Captain Poppy (#) Jan 18th, 2014 - 06:46 pm Report abuse
He does.....I actually feel embarrassed everytime tobi posts. He has no self awareness of he would feel embarrassed everytime he posts his unfounded and unexperienced drivel.
57 yankeeboy (#) Jan 18th, 2014 - 10:25 pm Report abuse
I think he should be studied he is nuts and I would love to know how he got that way.
Nurture or Nature?
58 Captain Poppy (#) Jan 19th, 2014 - 12:26 am Report abuse
They has this syndrome of children that breast fed too affects emotional development. He's still breast feeding so that explains a lot.
59 Troy Tempest (#) Jan 19th, 2014 - 04:31 am Report abuse
52 Sussie

“@51 aka troy tempest

..... i like your Living Sign low pay...
... the usa goverment don't have money to cover the unemployment “insurance” ....”

How's yet Peruvian Papi, Sussie??? LOL !!

Are you retarded?
You are as dumb as Axel.
poor stupid sudaca!!

Soy failing!!

Peso at 12/1 now !

Bag ha ha ha ha ha ha ha... !!!!
60 Captain Poppy (#) Jan 19th, 2014 - 11:07 am Report abuse
#52 sussie you ficking idiot.......the Federal government does not pay unemployment.....states do. The feds only pay (and they reimburse states) when they implement special programs. Standard unemployment is paid by states. Where were you jail or the nuthouse?
61 Monkeymagic (#) Jan 19th, 2014 - 05:22 pm Report abuse

With regards to the islands, I disagree that they are or ever were an integral part of Argentina, however, you acknowledgement that the people there have the right to chose, is well accepted.

The military defence of the islands is there for two reasons, firstly, it is far more effective to stop there being any chance of an invasion, than to try and recover an invaded territory. So militarily, it makes sense.

Secondly, I agree, with the defences there, there is zero chance of military conflict. Were they to be removed, and the Argentine government to believe Britain not to have the stomach to recover them...I am not sure I share your certainty.

Whilst the dishonest rhetoric comes from your government, the defences will remain. Perhaps if more of your politicians recognised the islanders rights, as you appear to, then the defences could come down.

A long way away, I fear.
62 Captain Poppy (#) Jan 19th, 2014 - 09:03 pm Report abuse
#36.....what do you define as militarizing? From my military days, we defined it as a continual troop buildup. How many of the Brits have increased over the years?
63 ron_57 (#) Jan 21st, 2014 - 11:16 pm Report abuse
same in my usa...
the goverment shutdown for 2 weeks last october, there is not sufficient revenues to pay the unemployed usa citizens.
Job creation is working as a Living Sign (holding a sign pointed at a store to atrack customers).
Barry Soetaro aka Barack Obama published his coment in the New Yorker stating his low approval performance is because he is blaaaaaaaaaaaack!
You see, he is excusing himself for not having braiiiiiins.
64 Captain Poppy (#) Jan 22nd, 2014 - 09:54 am Report abuse
#63 hey to idiot what....what does that have to do with Argentina having less than 30 billion in reserves? Did kicilloff suck off the Paris Club yet so they can borrow money from anyone stupid enough to lend it to Argentina?

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