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Mrs. Kirchner confrontation with Clarin and La Nacion scares investors

Thursday, August 26th 2010 - 05:05 UTC
Full article 67 comments

Argentine President Cristina Fernandez de Kirchner’s growing confrontation with the country’s largest newspaper is exacerbating the biggest tumble in its dollar bonds in two months and prompting JPMorgan Chase & Co. to recommend investors cut holdings. Read full article

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  • Hoytred

    Now there you go Think ... as we suspected, economics are a real bugger!

    Aug 26th, 2010 - 05:17 am - Link - Report abuse 0
  • elian_Ar

    “opposition leaders say is an attempt to silence critics in the media.” what else would they say? if they do not support the monopoly Clarin they're digging their own political grave practically.

    Aug 26th, 2010 - 05:20 am - Link - Report abuse 0
  • Think

    Where doI go???

    Nothing new about this... Some Basic Percent Points up!!!
    Woooooow............
    In Argentina we have chosen an heterodox approach to Economics...
    We allow us the libertty of letting our elected politicians rule our Country... not some smart suits in New York......
    Any chance they have they “declare us dead” but as money is their god, they usualy return the week after...

    Aug 26th, 2010 - 05:27 am - Link - Report abuse 0
  • NicoDin

    May be this explains why JP Morgan are lobbing for Clarin Group.

    “JP Morgan accused of silver fraud by Argentinian July 8 2010

    Argentina accuses JPMorgan, Clarin of share fraud Tweet this
    Reuters, Thursday July 8 2010 * Argentine gov't accuses JPMorgan, Clarin of stock fraud
    * Complaint based on testimony of former JPMorgan exec
    * Case marks latest chapter in gov't-Clarin battle (Changes sourcing in first sentence, adds comments by government official, adds comments by JPMorgan and Consultatio, adds background... “

    “The complaint by the state UIF financial information unit says JPMorgan and Grupo Clarin withheld information to inflate the price of Clarin's shares when the media group went public in 2007.”

    “It was a partnership by which JPMorgan ... arranged the sale of these shares to the only ones who were available -- the pension funds,” UIF Director Jose Sbatella told local radio.
    The accusations are the latest twist in a two-year battle between the government and Clarin, which the UIF accuses of knowingly selling its overvalued shares to the country's pension funds.
    Sbatella said the shares were first sold at 30 pesos each, or roughly $9.70 at the 2007 exchange rate, and later plummeted to 6 pesos.
    Clarin “didn't give the market true and precise information, which is key to setting stock prices,” Sbatella said in the complaint, cited by La Nacion newspaper.”

    http://goldismoney2.com/showthread.php?7228-JP-Morgan-accused-of-silver-fraud-by-Argentinian-July-8-2010

    Nothing new from JP Morgan the pirates of the financial world among others of course.

    Aug 26th, 2010 - 07:09 am - Link - Report abuse 0
  • Beef

    I though the Argentine economic model was borrow lots of money and don't bother paying any back!

    Aug 26th, 2010 - 09:43 am - Link - Report abuse 0
  • Think

    The World Economic Model in respect to Argentina is:

    1) In case of military dictatorship borrow to them quickly heavily and dearly, specially to buy arms..... Anyhow the people will have to pay...... Good business!

    2) In case of Neoliberal government, suggest them to issue and then buy uncriticaly their Dollar Debt Bonds with an interest triple or cuadruple the normal rate.....Anyhow, the people will have to pay.....Good Business

    3) In case of a democratic government that denounces the practice of point 1) and 2), creates jobs and redistributes wealth,....... critizise them to death....specially if they pay in cash....Not Good business

    Aug 26th, 2010 - 11:44 am - Link - Report abuse 0
  • Beef

    Hmmmm ... redistribution of wealth. In order to distrubte somehting it first has to be created. So Think's logic in this case is to bash those that create wealth and redistrubute the wealth that is now not being created to the poor - that makes them stay poor and then servants to an increasing dominant state. Yep the economic and political models of Kim Jong-Il, Mugabe and Chavez appear sound to me!

    If the media critize then simply ban them. Sounds like the definition of a dictatorship to me. Perhaps CFK and her supporters should look at the North Korean model of the media as an example of reporting the “truth” www.kcna.co.jp

    Aug 26th, 2010 - 01:25 pm - Link - Report abuse 0
  • Conqueror

    Fernandez and Timerman “dismiss” remarks of brother of previous majority shareholder. How inconvenient that he put an advert in newspapers all across the country!

    Aug 26th, 2010 - 02:06 pm - Link - Report abuse 0
  • Think

    Ermmmm.....
    Mr. Beef?...........Is it really you???

    You just have to mention Hitler, Göbbels and nukeing Buenos Aires to sound like the other nutcases in here..........

    Have you been “body snatched” or is your cup of tea been clouded with too much “wax” :-)

    Aug 26th, 2010 - 02:11 pm - Link - Report abuse 0
  • fredbdc

    It is nice to see Think and Nico giving economic advice, baahahaha! A little Paranoid huh?

    I wonder where Axel is? I am sure he is on the teacher picket line demanding an even higher than a 22% raise! 95% participation rate for teachers on strike. I guess he doesn't have mobile wi-fi, is that even available in Argentina yet?

    Quick question, If things are running so well and everybody is rich and happy in Argieland why are still there so many strikes?

    Aug 26th, 2010 - 02:28 pm - Link - Report abuse 0
  • Beef

    Yep Think it is me. I was clearly being sarcasic and identifying the flaws in the notion that wealth can be artificially re-distrubted. I like the next man believe in social justice and social healthcare (I thank the UK NHS for all it does) but the idea that re-distribution of wealth creates a fair society is flawed. It creates a stagnant society with limited innovation or entrepeneurship.

    Just look at the examples!

    In relation to “wax” refer to the Rockhopper article for my comment on this. It was know a long time ago due to the geology.

    Aug 26th, 2010 - 02:44 pm - Link - Report abuse 0
  • avargas2001

    Papel Prensa was a state company that was fraudulently acquired by David Graiver,who was a banker who managed “montonero funds”. Graiver was killed in a plane crash in 1976, in 1978 he was indicted for embezzlement by Manhattan DA Robert Morgenthau. Gravier's widow was imprisoned by the military junta, she was tortured in a nazi gestapo fashion, and forced to surrender all title and rights of Papel Prensa to Clarin and Nacion newspapers. The widow survived and has come forward to tell the story.
    The president of Argentina, has moved in the right direction to recover state property that was twice fraudulently sold.
    and the Argentine population supports her 100%, everyone else NOT in Argentina can take their media and shove it in the back end while you cry us a river.

    Aug 26th, 2010 - 05:17 pm - Link - Report abuse 0
  • Beef

    Gassy, that last post is laughable. If the whole of Argentina supported CFK then why are the newspapers in question the most widely read periodicals in the country? If the whole population supported her then surely they would boycott the papers and they would go out of business.

    This whole episode shows that Argentina is not democratic as to be a democracy requires a media that is independent of the state. This is another embarrassment that CFK is bringing on the Argentine citizens.

    And why this happens my investments get better and better :-)

    Who is in the better place?

    Aug 26th, 2010 - 05:48 pm - Link - Report abuse 0
  • fredbdc

    Gas: Are you one of the tired old commies that is still living abroad? You can't be stupid enough to believe the nonsense you write can you?
    Haven't you learned anything living in Canada? They may be socialists but at least they are reasonable.
    Oh my, what will happen when the peso needs some extra zeros? I heard that ATM only give $100 peso denominations now, when will $1000 be the lowest I would think 1 or 2 years...
    Using inflation to inflate the economy...
    Argentina's central bank may relax its 2010 money supply targets as soon as Thursday in light of faster-than-expected economic growth, a source at the central bank said.

    The move would be an implicit recognition that the current targets cannot be met as the government uses expansive monetary and fiscal policies to stoke economic growth ahead of an October 2011 presidential vote, despite inflation risks.

    Aug 26th, 2010 - 06:03 pm - Link - Report abuse 0
  • ptolemy

    Gee, avargas2001,..you said the exact same thing in the last thread. Are you a Argentine Govt. spam bot? Think of something more original to post please.

    Aug 26th, 2010 - 06:05 pm - Link - Report abuse 0
  • avargas2001

    Argentine population is 100% behind her on this one, outsiders contribution is welcome but irrelevant, I read clarin and la nacion too on internet and I don't even believe they are Argentine newspapers by the way they write about us, always sucking up to capitalists and promoting political anarchy, if Argentine reads el clarin and la nacion as often as some sugguest, I believe it will make everyone happy to know that Argentines won't be ignorant no more since we will be reading real news now, give it time guys we have to feed our minds with unbias news and information, all you people were upset because Argentine's where ignorant all that will change now.

    Aug 26th, 2010 - 06:08 pm - Link - Report abuse 0
  • Think

    (11) Beef
    Who are you trying to bullsh** ?
    Me or yourself………..

    You live in one of Earths better countries concerning distribution of wealth…..
    I lived and worked many years in Scandinavia, that is even better than the UK on this matter…..

    A fine tuned social net with hundreds if not thousands of details taken care by central government to make a better society…..

    What are you trying to say?
    That Britain and most of Western Europe are stagnant societies with limited innovation or entrepreneurship?

    I have known, through time, many young European ”Entrepeneur Lions” that thought so and emigrated to places where they could ”unfold their creativity”…...................

    Most of them are today back home in old mother Europe building their families in good societies………….

    That is the type of society we want in Argentina..... No more.... no less...

    Aug 26th, 2010 - 06:44 pm - Link - Report abuse 0
  • Beef

    Think. I think you misunderstood my post. When I said “place” I didn't mean location in the geographic sence. My critique was about your comments about the distribution of wealth. You appeard earlier to argue for the distribution of wealth by socialist policies. I know Scandinavia well and most of Europe follows the Anglo or Franco capitalist model. Either way these are neo-liberal approaches (or the further evolution of neo-liberalism - known as the Third Way).

    The state acting as a safety net provides social justice while allowing individuals in the free market to thrive - as you have identified above.

    I was a bit perturbed that you appeared to reject this approach.

    Speak soon.

    Aug 26th, 2010 - 07:07 pm - Link - Report abuse 0
  • Think

    Man.... I'm a globalized metropolitical entity with a taste for nouvell-socialism...............
    But I know the players in Sout-America and they don't play with civilized rules..............

    CU

    Aug 26th, 2010 - 07:16 pm - Link - Report abuse 0
  • Beef

    Things in the free market take time. Look at what happened in the UK from the 70s to 90s.

    Problem is that with the developments in relation to the Argentine government and the media; the opportunities for people (when government becomes the dominant force) tend to reduce.

    Argentina knows what dictatorship is like and the state control of the media is the start of a slippery slope that leads to economic difficulty.

    Aug 26th, 2010 - 07:27 pm - Link - Report abuse 0
  • Think

    “Things in the free market take time” you say....... C O R R E C T !!!

    But kids have to go to school wit filled bellies.... TODAY
    Parents have the right to have a job and sustain their families.... TODAY
    People want action...... TODAY
    We have to cut some corners.

    Progessive democratic governments in South America, until recently had only 4 to 5 years to deliver results...
    And that is impossible down here or in Europe....
    But when we finnaly find some formula for a progressive political continuity, the “ orthodox economic world” immediately begins to call us for “new dictatorships”

    No responsible forces in the Argentinean government are trying to control the press (as this was even possible today with internet.... See Wikileaks/USA-CIA and Mr. Assange :-)))) GO GO GO Mate !!!)

    We in Argentina are trying to dismantle a nearly inquisitional information system created by special interest groups to perpetuate their control and power in Argentina.....

    Please don't be such a Taliban.... The Clarin group will have to learn to play and survive by the rule of law as everybody else in Argentina.
    First then they will have earned the right to call themselves “Free Press”..............

    Aug 26th, 2010 - 07:51 pm - Link - Report abuse 0
  • Beef

    Hey Think. I now all about the press and what they can be like. We have the Daily Mail!

    I cannot stand them but they have a right to publish!

    Aug 26th, 2010 - 08:16 pm - Link - Report abuse 0
  • Think

    NOBODY is denying Clarin the right to publis anything here.....

    We are asking then to comply with existing anti monopoly laws.
    We are asking them to operate services under existing licence legislation.
    And they are being taken to Court by a private citizen because of some ugly stuff the allegedly did some 34 years ago.

    I suppose those are the same conditions “The Sun” operates in Britain?....

    Aug 26th, 2010 - 08:25 pm - Link - Report abuse 0
  • katraskin II

    16 avargas2001: “... give it time guys we have to feed our minds with unbias news and information...” It sounds like we must be ready to be brainwashed. Then the only way in order to prevent us from being brainwashed is an independent press. I mean independent from the government, from all government. That's enough. Who decides what is true or not? the citizens. But then we need a variety of news to make our choise. We don't want to have “Big Brother” telling us what to do, how to think. I fully recommend you to read Julio Strassera's statements in La Nacion about the case of Papel Prensa. BTW, Julio Strassera was the prosecutor in the Juntas' Trial.

    Aug 26th, 2010 - 08:31 pm - Link - Report abuse 0
  • Islander1

    Its an affair for Argentina to decide really, Dont like the smell of it myself but I dont live there and am not an expert. Would agree with Think that S American countries have a lot of old “traditioanal noecolonial type attitudes and systems” to root out to catch up with liberal W European democracy - but dont cut to many corners - and dont go for the full hog of W European democracy either - pick the good bits and avoid some of the silly bits EU countries have lumbered themselves with. I watch this one with interest and some concern.

    Aug 26th, 2010 - 08:48 pm - Link - Report abuse 0
  • Beef

    Think - I am from Liverpool hence have not touched a copy of the Sun since the 80s.

    But why do the stories here and elsewhere indicate that the the CFK regime is trying to bring these publications under state control.

    This is a worrying trend.

    Aug 26th, 2010 - 08:49 pm - Link - Report abuse 0
  • Think

    (26) Beef
    I meant to write “Daily Mail” but “The Sun” somehow slipped through :-)

    You say it yourself.... The stories “INDICATE” (or imply or suggest or hint or deduce or speculate or suppose or whatever............)
    But what's happening is :
    We are asking then to comply with existing anti monopoly laws.
    We are asking them to operate services under existing licence legislation.
    And they are being taken to Court by a private citizen because of some ugly stuff the allegedly did some 34 years ago.
    No more no less.

    This COULD develop into a worring trend.... Yes.... but until now they are just being asked to act legally as in any other part of the world.

    Owing a newspaper does not make one immune to common law..... can we agree on that?

    Aug 26th, 2010 - 09:04 pm - Link - Report abuse 0
  • jerry

    Think - I “think” that anyone who independently knows Argentina´s past and present governments will recognize that you are a K toady who is trying to spread the BS!

    Aug 26th, 2010 - 09:25 pm - Link - Report abuse 0
  • Millet

    President Cristina Fernandez de Kirchner needs to leave the media alone. She sounds like she is be running Russia or Cuba.

    Aug 27th, 2010 - 12:28 am - Link - Report abuse 0
  • Sergio Vega

    Really, CFK have learnt a lot of the Chilean's 70-73 experience with Allende´s Government. She is taking the same route and Argentina can fall as we fell in those bad days. Good teachers seh has, of course...Chavito, Moralito, Correita, etc....Just get a look how their countries are passing through since they took the office and please, don´t cry.....They can change their fate as well as we did on December 2009 and now we are starting a new good era ....at last.
    BTW, get a look how thw European countries are coming back from their confortables states because they have no way to pay the cost....
    Another thing, the progressist government are not the leftist ones, but the creatives ones or the ones that makes more opportunities to their people to have better jobs, better incomes, better life level or in other words, the ones that makes its countries grow up in a wealthy way (no by inflation and robery)...The leftist governments are the full contrary to this, just they have apprpiate of the word “progessist” ....

    Aug 27th, 2010 - 01:32 am - Link - Report abuse 0
  • Think

    (30) Sergio Vega

    One word makes your whole “argument” fall to pieces: B R A Z I L....

    B R A Z I L: Socialists to the core.... advancing positively in all fronts and apparently geting re-elected by acclamation in a few months.....

    Social justice and regional integration are the way to go and tha's why the people VOTE our progressive governments in..........

    Aug 27th, 2010 - 04:26 am - Link - Report abuse 0
  • avargas2001

    Is the USA and UK the only country on this planet allowed to have national security, licencing commitions, laws or even sensorship ? am the only one here who understood el Clarin broke the laws by commiting a criminal offence ?? and last question are all the people here criminals or just the birtish posters ?? I don't see many Argentines here supporting any freedom of the press, maybe they all know that laws where broken in Argebntina, amazing what distance from an event can do to people, specially those who live soo far away as to make anything they wish out of the reported content, if 10 british clown can turn this report into some dictatorship, this is the reason why Argentina can't let Malvinas become part of UK, 3000 british illegal aliens are a much worst pest then this few clown, we agree you, you are all british, now go home and take the fakland island holdings with slaves and everything.

    http://en.wikipedia.org/wiki/Falkland_Islands_Holdings
    http://en.wikipedia.org/wiki/Falkland_Islands_Holdings
    http://en.wikipedia.org/wiki/Falkland_Islands_Holdings
    http://en.wikipedia.org/wiki/Falkland_Islands_Holdings
    meet the pirat
    http://en.wikipedia.org/wiki/Falkland_Islands_Holdings

    Aug 27th, 2010 - 06:54 am - Link - Report abuse 0
  • NicoDin

    @beef
    “I though the Argentine economic model was borrow lots of money and don't bother paying any back!”

    Are you really an investor or you just play the monopoly game?

    Argentina has reduced its external debt from 175bn to 98bn counting last payments or 108bn last year (2009).

    From where do you get that crap?

    Argentina 2009 figures shows an external debt of 19.5% of its GDP while UK has 422.9% of GDP and growing. So who is not paying its obligations?

    A default does not means that you will not pay, you should know that as UK and US had several defaults in history and always were both the source of financial collapse in the world.

    The world is scary about UK and US eminent collapse so you will see how both really are not going to pay.

    http://www.suite101.com/content/external-debt-tops-agenda-for-g20-meeting-in-toronto-a249218

    @fredbdc

    “Quick question, If things are running so well and everybody is rich and happy in Argieland why are still there so many strikes?”

    We are quite happy thanks but, Do you mean USA perhaps? I don’t get it...
    http://www.suite101.com/content/external-debt-tops-agenda-for-g20-meeting-in-toronto-a249218

    And Fred please don’t talk about inflation US is creating more inflation than anyone in the world by printing money like in the Weimarer Republik or Weimar republic in the Deutsches Reich.

    2011 will be the point of not return for USA

    http://www.suite101.com/content/external-debt-tops-agenda-for-g20-meeting-in-toronto-a249218
    http://www.suite101.com/content/external-debt-tops-agenda-for-g20-meeting-in-toronto-a249218
    http://www.suite101.com/content/external-debt-tops-agenda-for-g20-meeting-in-toronto-a249218

    Aug 27th, 2010 - 10:23 am - Link - Report abuse 0
  • fredbdc

    Nico: How did you “reduce you debt” let me tell you, you stole it from Italian, German, Spanish etc pensioners. Please explain your version of how it went from 175B to 98B did you pay it off? If you didn't you stole it.

    You are too stupid to explain basic economics to so I am not going to bother.

    You know posting you tube videos makes you look like an idiot don't you?

    Aug 27th, 2010 - 11:40 am - Link - Report abuse 0
  • NicoDin

    @fredbdc

    Hey you can even write well your own language and want to explain me economy?

    The only one that have been stealing here (and I see still stealing in US now) were the guys from Wall Street in USA.

    Who sold these bonds? Who sold SIVs to Europeans? Who crash the world economy? Who were making Ponzi Scheme like Bernie Madoff? Who are stealing the Yanks now?
    http://www.globalexchange.org/campaigns/wbimf/925.html

    The same guys and all from USA a bunch of corrupts and scammers of the entire world.

    Even the Brits will agree with me on that. Because the WS guys have ruined them and for life. Do you know that?

    And you seem even more the Uruguayan/yank/ with identity problem called Liberty.

    The day you could reduce your debt call me mate, until now you cannot lecture any one on this issue.

    But you can give lesson on how to ruin a country in 3 easy steps or how to enter into wars that you cannot win. : )

    Aug 27th, 2010 - 01:49 pm - Link - Report abuse 0
  • fredbdc

    Umm, the Argentinian bonds were originally sold by Japanese and European domestic banks on a retail level mailnly to pensioners. Very few of the original bonds were sold to individual investors in the US.

    We could reduce our debt load the same way you did by just refusing to pay all of the international bondholders but we honor our debts. That is why we pay the least amount of interest rate in the world and you pay the highest. Oh wait maybe Zimbabwe pays a little more than you do.

    BTW we have won more wars than Argentina, when you win one let me know so we can celebrate. In the mean while keep getting pushed around by Chile.

    Aug 27th, 2010 - 03:01 pm - Link - Report abuse 0
  • NicoDin

    @fredbdc

    Let me see your wars...
    USA
    1- Revolution against Britain Won ok
    2- Annexation of Texas won ok
    3- The Spanish won ok
    4- World War I ok won
    5- World War II ok won
    6- The Korean lost
    7- Vietnam lost
    8- Desert Storm/Gulf war with allies coalition including Argentina won
    9- Iraq lost
    10- Afghanistan lost

    10 wars 6 won 4 lost

    Argentina

    Independence against Spain won
    Portugal (Guerra del Brasil) won
    Confederación Perú-Boliviana won
    Triple Alianza won
    Guerra del Chaco won
    Guerra del Perú won
    Guerra for independence of Chile won
    Annexation of Patagonia won
    Guerra Grande won
    Malvinas lost

    10 wars 9 won 1 lost

    And I didn’t put others wars won so you don’t complain about technical issues like you were not Argentina or blabla.

    So keep selling SIVs that you do pretty well specially to the Brits.

    Aug 27th, 2010 - 06:23 pm - Link - Report abuse 0
  • harrier61

    Actually Nico, after a quick bit of research, it seems that your idea of wars won is a little bit excessive.

    Brazilian War of Independence. Argentina not mentioned.
    Confederación Perú-Boliviana. It is true that Argentina did declare war. Unfortunately, unbiased sources don't mention any specific Argentine involvement. Seems like it was all done by Chile.
    Triple Alianza. seems like it was all done by the Brazilians.
    Guerra del Chaco. It seems Argentina only provided supplies.
    Guerra del Perú. Can't find one.
    Guerra for independence of Chile. Hard to believe that a country that didn't exist took part in an independence movement.
    Annexation of Patagonia. Better known as the Conquest of the Desert or the genocide of the indigenous population.
    Guerra Grande. Ummm, no. It would appear that Uruguay, with Brazilian assistance, won that one.

    So, out of your 10, seems like you only did anything in 3. So that would be 10 fought, 1 won (against natives), 1 won against the Spanish, 7 played no part, 1 lost. Hope you're proud of the genocidal one.

    Aug 27th, 2010 - 07:07 pm - Link - Report abuse 0
  • fredbdc

    6. Korean war is still technically going on we never signed a peace agreement. Plus S. Korea is much better off so you should ask them if we won or lost that conflict.
    7. Vietnam was an embarrassment we should have nuked them and got it over with quick.
    9. Iraq, how did we lose? We only had 4200 casualties and left yesterday? Didn't we overthrow the government and give them independence? What do you want us to do keep it? it's unmanageable,they can have it, we got the oil flowing again so what else matters? We should have installed a puppet dictator and confiscated the oil revenue until we were paid back.
    10. We are still in Afghanistan so we have not won or lost yet. Time will tell. Hopefully someone competent will finish it when the idiot professor is voted out.
    BTW I agree with Harrier those might be wars you are taught are won by Argentina but no one else in the world thinks so. Your country persona is arrogant but cowardly “weak with the strong and strong with the weak” or haven't you ever heard that said about Argentina?

    Aug 27th, 2010 - 08:34 pm - Link - Report abuse 0
  • NicoDin

    @ harrier61

    Who said independence of Basil?
    http://es.wikipedia.org/wiki/Guerra_del_Brasil

    Confederación Perú-Boliviana
    http://es.wikipedia.org/wiki/Guerra_del_Brasil
    http://es.wikipedia.org/wiki/Guerra_del_Brasil

    Triple Alianza
    http://es.wikipedia.org/wiki/Guerra_del_Brasil

    May be you have to start here to make your research
    http://es.wikipedia.org/wiki/Guerra_del_Brasil
    http://es.wikipedia.org/wiki/Guerra_del_Brasil

    @ fredbdc

    Of course as you have been fighting such powerful enemies like...
    The Mexicans?
    Vietnamese? poor people and child that didn’t have something to eat but scared you to death?.
    The Koreans? Wow such an enemy haha.
    The Iraqi? The only stupid ones that can lose a war with them were you mates.
    The Talibans? Oh! Yes such a power enemy with rocks and home made weapons.

    Defeated in Iraq: How America Lost the War
    http://es.wikipedia.org/wiki/Guerra_del_Brasil

    In Korea you lost and had to withdraw shameful the same in Vietnam and now in Iraq and Afghanistan.

    The only arrogant war looser I can see here is you mate.
    Your have shit your underwear with Cuba, come on boy look for enemies you can fight and win.

    Cowardly? The only Cowards here are you mates.

    Your powerful enemies
    In Iraq
    http://es.wikipedia.org/wiki/Guerra_del_Brasil
    http://es.wikipedia.org/wiki/Guerra_del_Brasil
    http://es.wikipedia.org/wiki/Guerra_del_Brasil
    http://es.wikipedia.org/wiki/Guerra_del_Brasil

    in vietnam
    http://es.wikipedia.org/wiki/Guerra_del_Brasil
    http://es.wikipedia.org/wiki/Guerra_del_Brasil

    So sucker would you shut up please? thanks

    Aug 28th, 2010 - 07:38 am - Link - Report abuse 0
  • harrier61

    Sorry, NicoDummy. I did say it was a quick bit of research, didn't I?
    Unfortunately, I don't read dago, so I switched over to the English version. Should we start with es.wikipedia.org/wiki/Guerra_del_Brasil
    It seems that this was the little war in which the United Provinces (not Argentina, you note!), the United Provinces LOST the territory now called Uruguay. So how exactly did you win that one?
    I reckon the Spanish versions are written to cater to your myths/lies.

    Aug 28th, 2010 - 09:32 am - Link - Report abuse 0
  • fredbdc

    Cowardly with an undeserved arrogance is how the world views Argentinians. Haven't you ever asked anyone outside of your country?

    BTW I don't look at youtube videos they are ridiculous and a waste of time. Posting them only makes you look stupid and childish.

    Aug 28th, 2010 - 11:02 am - Link - Report abuse 0
  • zethe

    “The Talibans? Oh! Yes such a power enemy with rocks and home made weapons.”

    AK-47, Lee Enfeild Rifles, SVD-Dragunov Sniper Rifles, RPG-7, Stinger Rocket Launchers and RPK Machine Guns are not home made, and certanly are not rocks.

    Try reading up about the war, you might not look so stupid.

    Aug 28th, 2010 - 03:28 pm - Link - Report abuse 0
  • harrier61

    There are, of course, similarities between the Taliban and Argentines. They are fanatics. They hide behind civilians. Regrettably, the Taliban do know how to fight as insurgents. Unlike Argentines who don't know how to fight at all.

    Aug 28th, 2010 - 05:13 pm - Link - Report abuse 0
  • Think

    They look pretty much “home made” to me..........

    http://www.youtube.com/watch?v=SpURk1E3Q9c

    Aug 28th, 2010 - 05:18 pm - Link - Report abuse 0
  • harrier61

    You have a very strange idea of “home made”. Did you watch the whole video? Methods of manufacture may differ, but you don't manufacture a thousand weapons a day in your home.

    Aug 28th, 2010 - 05:38 pm - Link - Report abuse 0
  • NicoDin

    I like the “shooting area” haha

    @fredbdc

    Are you talking about yourself I don’t get it?

    http://www.youtube.com/watch?v=r1aRzoXRPuA&NR=1
    http://www.youtube.com/watch?v=r1aRzoXRPuA&NR=1
    http://www.youtube.com/watch?v=r1aRzoXRPuA&NR=1

    http://204.74.214.194/forum1/message743493/pg1

    But don’t worry Fred you will have your opportunity to show to the world how brave you are next year.

    When your economy collapse and you will have to go on the streets with your preferred AK 47 or M16 made in USA.

    Ha you have surpass even american records of stupidity where were you born Mexico?

    Aug 28th, 2010 - 08:17 pm - Link - Report abuse 0
  • fredbdc

    Nico, I know you like to watch videos because your reading comprehension is abysmal. Did you read the article from American Thinker? Obviously sarcasm is beyond you.
    I bet Argentina collapses before the USA and so does the rest of the world, just look at the bond rates tardo.

    Aug 28th, 2010 - 08:37 pm - Link - Report abuse 0
  • Wireless

    Well, I for one would love to see Argentina declare War on the US to prove who the better is at a fight, it would certainly be a short engagement.

    Aug 28th, 2010 - 08:45 pm - Link - Report abuse 0
  • zethe

    About 15 minuites long.

    Aug 28th, 2010 - 09:33 pm - Link - Report abuse 0
  • fredbdc

    Maybe not that long. I think an aircraft carrier in the Rio de la Plata would give us terms before we even got to BA. Though why would we want Argentina, they produce less than we do more in-efficiently. Oh wait maybe we want to steal their ten year old technology that they think is new. Or to get some our junk medical equipment back that we donated to their free medical system. Bahahahaha

    Aug 28th, 2010 - 11:29 pm - Link - Report abuse 0
  • NicoDin

    In that case we will hire Afghani as mercs and the Pakistani to make their weapon they seems to be doing a good job to trash Brit/yank army and will be cost effective.

    http://www.youtube.com/watch?v=gOqDdobMbf0

    Aug 29th, 2010 - 03:24 am - Link - Report abuse 0
  • fredbdc

    Hire with what tardo? Argentina can't afford to buy gum...

    Aug 29th, 2010 - 05:54 am - Link - Report abuse 0
  • harrier61

    How strange that NicoDummy dropped all his claims about Argentina's famous “victories” after he found out it was how they lost the territory of Uruguay.

    But let us come more up-to-date with Nico's threats.
    There are no “friendlies” inside the territorial borders of Argentina. Could this be an opportunity, once the argies make the first sneak aggressive move that is in their nature, to return their “civilisation” to the Stone Age (not a long step for them) and their territory to bedrock. How I do hope they hold off until Britain has its new aircraft carriers and some more Astute-class submarines! No “innocent” civilians to get in the way. Be like the good old days, UK and USA teaming up to rid the world of an evil regime.

    Aug 29th, 2010 - 10:38 am - Link - Report abuse 0
  • Wireless

    Even Thatcher (of whom I have an intense dislike), considered the use of Nuclear Weapons in 1982, maybe they should have hit the Belgrano with a Nuke instead, there would have been no pictures of life rafts in the South Atlantic, and our displeasure would have been very clear.
    Getting sunk by a conventional torpedo didn't seem to focus their minds on the dangerous game they were playing, and it was like children playing.

    Aug 29th, 2010 - 11:19 am - Link - Report abuse 0
  • Astute

    @NicoDin, are you so sick that you have to post disrespectful videos of American's, you really are pathetic.

    Aug 29th, 2010 - 11:41 am - Link - Report abuse 0
  • harrier61

    @55 Wireless. Perhaps it would have been more to the point to have turned Buenos Aires into rubble. Why slap someone on the wrist if you can punch them in the teeth?

    Aug 29th, 2010 - 01:28 pm - Link - Report abuse 0
  • Marco

    WELSHY 61 and cellphone, your forces tried twice to invade Buenos Aires and failed miserably.
    http://news.bbc.co.uk/2/hi/uk_news/magazine/4779479.stm

    British war crimes:
    http://news.bbc.co.uk/2/hi/uk_news/magazine/4779479.stm

    http://news.bbc.co.uk/2/hi/uk_news/magazine/4779479.stm

    Aug 29th, 2010 - 04:44 pm - Link - Report abuse 0
  • NicoDin

    @Astute
    Don't worry they are doing a good job with you too.
    http://www.youtube.com/watch?v=IKeMLrML8io
    http://www.youtube.com/watch?v=IKeMLrML8io
    http://www.youtube.com/watch?v=IKeMLrML8io

    “Never be forgot” said Gordon Brown well this was a start. Wasn't it?
    Remember to buy a lot of plastic bags if you want to fight against us. DO you mate?

    Aug 30th, 2010 - 05:29 am - Link - Report abuse 0
  • Conqueror

    http://www.youtube.com/watch?v=PKegAqMyFe0

    Aug 30th, 2010 - 07:24 pm - Link - Report abuse 0
  • NicoDin

    @Conqueror

    And then revenge...

    http://www.youtube.com/watch?v=IUZu8bvxJs4&feature=related
    http://www.youtube.com/watch?v=IUZu8bvxJs4&feature=related
    http://www.youtube.com/watch?v=IUZu8bvxJs4&feature=related
    http://www.youtube.com/watch?v=IUZu8bvxJs4&feature=related

    Aug 30th, 2010 - 08:20 pm - Link - Report abuse 0
  • Conqueror

    The final word........

    http://www.youtube.com/watch?v=uhLzDC6bLPE

    Aug 31st, 2010 - 04:13 pm - Link - Report abuse 0
  • avargas2001

    Argentine's are 100% behind president Kirchner, sad to see all this people supporting a monopoly, in Argentina a monopoly is illegal just as land theft is, some people like to live breaking the laws, take the british illegal aliens occupying Malvinas as an example, they think the occupation of Malvinas Argentina is legal, and I think this criminals need to be deported or put in jail, too bad they rather have Argentina build nuclear weapons for self defence, then deal with Argentina peacefully.

    Aug 31st, 2010 - 05:08 pm - Link - Report abuse 0
  • harrier61

    Argentina obtains nuclear weapons. Britain can launch 192 nuclear weapons at one time. Anyone wanna see?

    Aug 31st, 2010 - 08:14 pm - Link - Report abuse 0
  • NicoDin

    @harrier61

    I wanna see still waiting from your last threat like a month ago.
    Have you sent your nukes using the Royal Mail?

    Now I understand the delay I will wait 3 month more in that case.

    Aug 31st, 2010 - 09:50 pm - Link - Report abuse 0
  • avargas2001

    #64 all your lunching made me hungry, I don't take retards seriously but I'll make you an example to show your british subjects how ridiculous your threats are, you should make a threat that will become true, not just any brain fart, take me as an example I said we would move the bridge from Uruguay to Bolivia and Argentina desided to build three of them in Paraguay instead, but you have to try something possible not that moronic threat “I'll nuke you”

    Sep 01st, 2010 - 05:43 am - Link - Report abuse 0
  • Fernando_A

    Worthless propaganda, it's already blown over you “experts”.. get your heads out of the sand.

    Sep 01st, 2010 - 05:49 pm - Link - Report abuse 0

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