MercoPress. South Atlantic News Agency
“Argentina’s turnaround tango” as an inspiration for Obama and US Congress
An opinion editorial of the US newspaper The New York Times titled “Argentina’s turnaround tango” stated that President Barack Obama and the US Congress should look to Argentina “for inspiration” in economic policies issues. Nevertheless, the article also warned about the corruption and “government opacity“of the Latin American country. Read full article
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Disclaimer & comment rulesNow there is a picture that says a thousand words..'Just do as you are told, you ugly old cow, or you will be needing more than plastic surgery........'
Sep 03rd, 2011 - 08:20 am - Link - Report abuse 0Ian Mount? the wine writer? didn't know he was also an economist.......
@1, to who shall we pay more attention, to you, a NOBODY who will be forever a pattetic NOBODY or to someone who writes in a column of the NYT?....hmmmmm
Sep 03rd, 2011 - 01:09 pm - Link - Report abuse 0(2) Rubino84
Sep 03rd, 2011 - 02:44 pm - Link - Report abuse 0Frank the Yank is no nobody in the Ozarks............
Hollywood has even made a movie about people like him...........
http://www.youtube.com/watch?v=JAgwj0gKJzc&feature=related
@3 Hahahaha, nice teeth Frank
Sep 03rd, 2011 - 03:20 pm - Link - Report abuse 0“Argentina has regained prosperity thanks to smart economic measures,” the article signed“
”stated that President Barack Obama and the US Congress should look to Argentina “for inspiration” in economic policies issues“
That's right!
Artillero, This Bud's for you:
”Once the eighth-largest economy in the world, it steadily slid through the 20th century, thanks to decades of repressive dictatorships ”
Perhaps when you stop trying to conn everyone around to your corrupt way of thinking, they might take you seriously,
Sep 03rd, 2011 - 03:57 pm - Link - Report abuse 0Try giving up false claims and leave the Falklands alone,
Before you try to give others moral advise,
Least of all the Americans .
hahaha frank hahaha you're not even a native citizen of the united states of america, so why are you so angry? I love this ciberfights yeah
Sep 03rd, 2011 - 05:50 pm - Link - Report abuse 0this is for you people, this is BEAUTY!!!
http://www.hola.com.ar/media/k2/items/cache/e34f0e1c02fdcca3c7fab2bae7fa299d_XL.jpg
Appears that Ian Mount listens to what the CFK government toadies say, instead of what has really been done (or not been done).
Sep 03rd, 2011 - 06:31 pm - Link - Report abuse 0and she is thinking...' more fatty fried cow guts for your dinner tonight... that will fix you..........'
Sep 03rd, 2011 - 09:13 pm - Link - Report abuse 0My name is Laughalot .
Sep 03rd, 2011 - 09:26 pm - Link - Report abuse 0Son of
Auther
Friend of
Merlin
I travel with my FALK looking for LAND
When I find my Falkland I will protect till the end of time,
For here Merin may sleep
Protected by sheep,
On this my Falkland,till I Awake
Sir, Gallahad, 427AD
For I am mad or a genius
Or just British sense of humour
Monty python , 1977,
,,
@2
Sep 03rd, 2011 - 10:00 pm - Link - Report abuse 0Pilger , the man who gave the world 'pilgerism',, has been published in the NYT... so your point is exactly....???
One dirty little secret not mentioned in the opinion is billions of stolen wealth from the population and the nationalization of many industries. That along with high taxes has propped up the gov't spending. Now it has run out and there is no more hard currency left in the country to steal, hmm well maybe there are union dues and health care dues that can be appropriated. Let's see, accuse the unions of corruption, then appropriate the dues “to protect the peoples' wealth” ( just like she did with Anses) voila a new revenue stream, there is another year to get by, let's see what happens after the elections.
Sep 03rd, 2011 - 10:27 pm - Link - Report abuse 0The NY Times writer is an idiot
Sep 03rd, 2011 - 11:06 pm - Link - Report abuse 0The problems with Argentina are numerous
#1 corrupt President and pervasive corruption throughout society
#2 high inflation
#3 long history of confiscating assets from citizens
#4 Inflexible labor rules
#5 No strong checks and balances on the President
One dirty little secret not mentioned in the opinion is billions of stolen wealth from the population and the nationalization of many industries. That along with high taxes has propped up the gov't spending. Now it has run out and there is no more hard currency left in the country to steal, hmm well maybe there are union dues and health care dues that can be appropriated. Let's see, accuse the unions of corruption, then appropriate the dues “to protect the peoples' wealth” ( just like she did with Anses) voila a new revenue stream, there is another year to get by, let's see what happens after the elections.
Sep 03rd, 2011 - 11:09 pm - Link - Report abuse 0#1 corrupt President and pervasive corruption throughout society
Sep 04th, 2011 - 08:16 am - Link - Report abuse 0Same can be said of China or India.
#3 long history of confiscating assets from citizens
?
#4 Inflexible labor rules
Same applies to Germany and the Scandinavian countries, all of which are faring better than the US.
#5 No strong checks and balances on the President
?
@4
Sep 04th, 2011 - 12:44 pm - Link - Report abuse 0“Artillero, This Bud's for you ...” No, thanks, I drink Corona or Heineken.
http://www.youtube.com/watch?v=ayGztY9OmXw&feature=share
[] -12 j.ferro
Sep 04th, 2011 - 01:56 pm - Link - Report abuse 0ARG canceled the debts with IMF
ARG has been permanently growing since 2003
ARG had an effective response to global economic crisis 2008
ARG manufacturing exporting exceed agro origin exportings
ARG has unemployment rates down(from part time to full time up )
ARG has 60 billions US $ BCRA reserves
ARG enter into G 20 club
ARG sue the employers who employ slave labour
ARG has no foreclosure events on rural(agro) lands since 2003
ARG repeal of Federal Law of Education,enacted it's National Education law for publicly & freely...1060 new schools built...rehabilitated for the
the retirees( e.g : 125 % increase on pensions to veterans of the Falklands...) ... free delivery monthly ARV drugs......many gas pipe line,
interconnected routes... biofuels..windpower projects.......etc..etc... !!
these are ARG realities !!
15 Artillero601 Nice comedy.
Sep 04th, 2011 - 05:16 pm - Link - Report abuse 0#16 Geo - ARG has 60 billions US $ BCRA reserves ??? As of yesterday, it was less than 50; has CFK and company already stolen 10 billion?
Sep 04th, 2011 - 05:32 pm - Link - Report abuse 0@17 You deny it?
Sep 04th, 2011 - 07:18 pm - Link - Report abuse 0@18 probably, check tomorrow again just in case :-))
19. I am sure there are some idiots that do that however those idiots look so fake and at the same time Cristina doesn't need “their help”
Sep 05th, 2011 - 05:47 pm - Link - Report abuse 0The Kirchners defaulted on the national debt, “Nationalized” the reserves of the private pension system, Replaced the dollars in the Central Bank with bonds backed up by the Central bank; ditto, National Bank and National Reinsurance Institute, raised taxes, specially on grain and meat exports to new heights.
Sep 05th, 2011 - 09:02 pm - Link - Report abuse 0Practically every statistic published by the government is wrong For example: deducting those receiving government unemployment subsidies from the number of unemployed; claiming inflation is around 8% and fined economic consultants U$S 125.000 for publishing that the real inflation is around 25%
Overstated public housing construction by including private housing construction in the figures.
That is just the beginning: Corruption is rampart. A great part of the public works and subsidies go to cronies and controlling prices in many areas.
With all that it has scared off new investments and lost traditional export markets.
What keeps the country going is high Soy bean prices.
Could it be that the Argentina example should not be copied?????
(21) Henry Curtis
Sep 05th, 2011 - 11:51 pm - Link - Report abuse 0On the very first line, you say:
“The Kirchners defaulted on the national debt”
I say:
Argentina defaulted on its debt between December 2001 and July 2002.
Nestor Kirchner assumed as President on the 25. May 2003.
Since then, he and his wife have regained Argentina's prosperity thanks to smart economic measures.
The rest of your text is either incorrect or grossly twisted.
Get your facts right before embarrasing yourself......................
22 - A perfect example of the pot calling the kettle black.
Sep 06th, 2011 - 04:41 am - Link - Report abuse 0@Think, you really should pull your head from your bottom. They magic turnaround has been financed by K's refusal to deal on the default and mandating higher duties etc... nothing magic about that, and zero evidence of any kind of fiscal management..
Sep 08th, 2011 - 10:43 am - Link - Report abuse 0All that Argentine prosperity, real or imagined and STILL those stubborn Islanders want nothing to do with you.
Sep 09th, 2011 - 10:22 am - Link - Report abuse 0Its so funny all the bitter English or Neo Liberal boludos on here who cant accept Argentina under the Kirchners has grown spectacularly.Car Sales from 150000 to 800,000 Exports trebled,unemployment halved,poverty rates from 50% to 8% Whats even more galling is while Europe and North america move from recession to depression the party in Buenos Aires will go on.
Sep 09th, 2011 - 11:51 am - Link - Report abuse 0excellent article that may annoy some. Kirchners in fact did not default, it was done before. It was not possible not to default. There was no help from any institution, which Turkey, Brazil and Uruguay did get at the time. There were more than 55 different local monnies or paper currencies as a consequence of debt-deflation policies. There was no coherent national market left. On the other hand, there was no export market left once Brazil devalued its own currency and the peso continued to be so over-valued. And the pegging brought internal inflation in dollars while labour costs were made extremely high. And Mexico has been the model that proved that no one can repay debt beyond a certain limit. In this sense, Greece is getting very close to this story, unfortunately. This is not the way to competitiveness.
Sep 09th, 2011 - 01:11 pm - Link - Report abuse 0Corruption may even be lower than in the 90s in fact, but clientelism and animosity are not. The same for short and medium-term measures. Main challenges touch upon the long-term structuring of sectors in the economy in order to maintain sustainable growth, the rebuilding of state institutions such as a high quality bureaucracy that advances the rule of law, and the rebuilding of social cohesion within the country.
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