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CFK says nationalization is not rooted in ideology or populism, but disastrous private management

Wednesday, May 9th 2012 - 08:24 UTC
Full article 53 comments

Argentine President Cristina Fernández vindicated on Tuesday the nationalization of public services and said that all decisions made “are not rooted in ideology or populist decisions. It’s the disaster caused by the concessionary companies that forces us to intervene”. Read full article

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  • Xect

    “Decisions taken involving nationalization of public services are not rooted in ideology or populist decisions. It’s the disaster caused by the concessionary companies that force us to intervene”

    She must have a incredibly short memory.

    The last time the Argentine government owned the company it achieved the status of a oil company sitting on huge reserves and hemorrhaging money, hence the nationalisation.

    Repsol then turned the company around, made it profitable and successful and up until about 6 months ago the Argentine government was stating it was the model company even though the Argentine government was hamstringing the company forcing it to sell at less than half the market rate which in turn was limiting its investment even though it still invested well beyond what was expected of it.

    The whole thing starts and ends with a failed government.

    May 09th, 2012 - 08:45 am - Link - Report abuse 0
  • GreekYoghurt

    Well, let's look at the trends, shall we...
    1) Aerolingus Maximo (nationalised/stolen)
    2) Argentinian Private Pensions (nationalised/stolen)
    3) YPF (nationalised/stolen)
    4) Telefonica (soon to be nationalised/stolen)

    Taking this into account, my copy of the Argtardasaurus says:

    not rooted in ideology = rooted in ideology.
    not rooted in populism = rooted in populism.

    To be fair, she's doing a pretty sh!tty job of explaining why she just stole the retirement off a bunch of Spanish pensioners, after having done the same thing for Argentinian pensioners and previously they did it from italian pensioners.

    Argtards gonna tard.

    May 09th, 2012 - 08:48 am - Link - Report abuse 0
  • The Cestrian

    “The president then referred to the trip of Vice President Amado Boudou to Washington where he was booed and covered in flyers demanding Argentina be expelled “as a rat” from the G20”.

    Sussed.

    Chuckle, chuckle.

    May 09th, 2012 - 08:59 am - Link - Report abuse 0
  • Lou Spoo

    “Rather than pushing Argentina out, what is apparent in the build up to the mid-June Los Cabos G20 is a strategy that facilitates the marginalization of Argentina”

    Full article below.

    http://www.huffingtonpost.ca/andrew-cooper/argentina-g20_b_1462515.html

    May 09th, 2012 - 09:38 am - Link - Report abuse 0
  • Idlehands

    I assume she's denying the “ideology” part to divert invstors attention away from the fact that next it could be you.

    It probably isn't ideology - it's bare faced opportunism (aka theft) mixed in with the policy of panic.

    See all those clucking hens sat over there on the fence? They're coming home to roost.

    May 09th, 2012 - 09:49 am - Link - Report abuse 0
  • Boovis

    “The Wall Street Journal took the line that Argentina should be suspended: ”When its president wants to behave like a real head of state and not a thug, the country can be invited back into the club of serious nations.”

    May 09th, 2012 - 10:18 am - Link - Report abuse 0
  • ElaineB

    She sounds pretty desperate.

    “I’m doing a great personal sacrifice ” ? Well, please, don't sacrific any more of your life. Just go away and give Argentina a chance.

    May 09th, 2012 - 10:21 am - Link - Report abuse 0
  • Idlehands

    What sacrifice? Everyone else's sanity for her ego?

    May 09th, 2012 - 10:24 am - Link - Report abuse 0
  • GreekYoghurt

    This is all lies. Peronism completely sanctions nationalisation of companies as a part of the greater good, in his view.

    So why would she be telling lies? Do they not know anything about peronism?

    May 09th, 2012 - 10:24 am - Link - Report abuse 0
  • Idlehands

    I never thought of Peronism as an ideology. It seemed more to be a pragmatic “do whatever we can get away with” approach to politics.

    May 09th, 2012 - 10:43 am - Link - Report abuse 0
  • Lou Spoo

    So while other governments get on with the day to day business of running their countries the Argentines proudly throw a press conference for the opening of.............a sewage plant!

    May 09th, 2012 - 10:53 am - Link - Report abuse 0
  • GreekYoghurt

    @10 Peron refered to his ideology as the 'third way' just as tony 'indulgences' blair did with neu-labour. You're right insofar as it was pick and choose, but his basis was mainly bonapartism and hitlerism with a nod to mussolinism. He spent most of his politically formative times hob-knobbing with the likes of Adolf et al, and you can see this through the outwardly fascist undertones that come out in Kirchnerism, even though they retain the socialist policy of control of business, in this case to line their own pockets through corruption.

    Peron nationalised no end of foreign investments, and for her to say that it's not ideological is just playing on the utter ignorance and lack of education of the people who voted for her.

    Liars gonna lie.

    May 09th, 2012 - 10:55 am - Link - Report abuse 0
  • wesley mouch

    If YPF is private then CFK cannot steal the money. She just wants to “wet her beak” a little.

    May 09th, 2012 - 11:27 am - Link - Report abuse 0
  • Chicureo

    #2 You have captured the essence of the cow manure that is being produced by the President of thieves...
    #3 If there is a video, please advise. What a beautiful thing my dear Gringos do as a public service, ever so often... “The president then referred to the trip of Vice President Amado Boudou to Washington where he was booed and covered in flyers demanding Argentina be expelled “as a rat” from the G20”.

    #4 Thanks for the link
    Well it makes sense, they can't kick the mad cow out of the G-20 farm, but they can put her out to pasture... Whatever happens, she be kicking at barn doors and knocking down fences... hopefully she'll get so tangled up in barbwire she'll get hobbled. Let's hope in the group picture, they take the picture without her...

    May 09th, 2012 - 11:36 am - Link - Report abuse 0
  • cLOHO

    Kircher world.... Kircher world it a world of lies its excellent!!

    The year which lies behind us has been a year of great successes, but also, it is true, one of many sacrifices. Even if the total number of dead and wounded is small in comparison with former wars the sacrifices for each individual family concerned weigh heavy. Our whole sympathy, our love and care belongs to those who had to make these sacrifices. They have suffered what generations before us also had to suffer. Each individual German had to make other sacrifices. The nation worked in all spheres. German women worked to replace men. It is a wonderful idea of community which dominates our people. That this ideal, that our whole strength should be preserved in the coming year-this should be our wish today. That we will work for this community-let that be our vow. That we conquer in devotion to this community-that is our faith, one in which we are confident, and that the Lord should not abandon us in this struggle of the coming year-let that be our prayer. Deutschland! Sieg Heil!

    May 09th, 2012 - 11:55 am - Link - Report abuse 0
  • willi1

    CK: ...“It’s the disaster caused by the concessionary companies that force us to intervene”, underlined the Argentine president ..:

    First the malvinas/falklands conflict, second the ypf coup, third -? - to veil their financial desaster in arg. Boudou just has been exposed by La Nacion and Clarin - the special friends of the ck-gang - in washington by being settled with a RAT: Rats must be kicked out of G-20:

    ”The Vice President was greeted by a protest by vulture funds and bondholders.
    ****
    “I am the rat of the G-20,” said the sign that, with an Argentine flag, was attached to an enormous inflatable rat placed in front of the entrance to the headquarters of the Inter-American Development Bank yesterday in Washington. When investors and diplomats invited to the welcoming reception of the Conference of the Council of the Americas began to arrive, they couldn’t believe what they were seeing.****

    Having just arrived from Buenos Aires, Vice President Amado Boudou – who today will be one of the invited speakers to the Conference – avoided the protest of the bondholders affected by the Argentine default by entering through a back door.****

    This way he also avoided the giving out of a little plastic rat which said “Kick the rat out of the G-20”, an allusion to Argentina’s membership in the Group of 20, which includes developed and developing countries alike.***
    *
    Also circulating was an “explanatory” pamphlet that spoke of the
    expropriation of YPF, the non-payment of ICSID decisions in favor of
    companies that sued the Argentine government; of Judge Griesa; of the expulsion of Argentina from the Generalized System of Preferences, and the complaint presented by 40 countries over import barriers in Argentina.****

    May 09th, 2012 - 01:09 pm - Link - Report abuse 0
  • Britninja

    Hmm in the name of accuracy, maybe they should change their flag to a rat rather than that strange Tellytubbies sun thing they have now.

    May 09th, 2012 - 01:41 pm - Link - Report abuse 0
  • jerry

    If a private company has a contract (or concession) from a government, it is the government´s responsibility to the people of that nation to monitor and audit that private company to make sure the contract (or concession) is being followed. If things get screwed-up, then that government holds the responsibility.

    May 09th, 2012 - 01:50 pm - Link - Report abuse 0
  • British_Kirchnerist

    “mind you the French are not to blame, it is the business people, they are the same all the world around, so please let’s not mix things, the French people had nothing to do with Suez”

    Very well said my Queen; the real divide in the world is not between nations, but between labour and capital. Wonder if this Suez group was linked to the French (and British) aggression against Egypt when it nationalised the Suez Canal (another successful nationalisation)

    ”Immediately she blasted those (Argentines) “who said with nationalization everything would collapse and we would be isolated from the world. Well we’ve done it and we will do it every time it is necessary, and here we are proud of the achievements of the nationalized waters’ public service”.”

    Sock it to them ma'am, these right wingers are living in the past =)

    ““These are small interest groups, but very powerful which need the people to continue excluded from public services, and it is very strange and rather curious that come haven’t even realized the benefits of delivering the benefits of public services” insisted Cristina Fernandez in direct reference to her domestic critics regarding the seizure of YPF.”

    Stay strong my Queen and keep fighting them, we'll keep backing you =)

    “Likewise CFK criticized policies in other parts of the world”

    Excellent. We really should be learning from her.

    “When we meet next time I think it will be at the most two or three heads of state that will have been present since the launching of the group in 2008”

    Indeed, its the neoliberals who keep losing elections, and she got 54% =)

    “They forecasted we would be outcast from the world some twenty times, by now we should be in Mars”

    Lol very well put my Queen =) Ti amo mi reina, besos =)

    May 09th, 2012 - 01:56 pm - Link - Report abuse 0
  • cornishair

    19 BK i'm getting worried anyone you :p

    May 09th, 2012 - 02:21 pm - Link - Report abuse 0
  • Conqueror

    “When we meet next time I think it will be at the most two or three heads of state that will have been present since the launching of the group in 2008” insisted CFK“.
    But then again ”The G-20 was proposed by former Canadian Finance Minister Paul Martin (later, Prime Minister) for cooperation and consultation on matters pertaining to the international financial system.“
    So what in hell is argturdland doing in there? It doesn't believe in either cooperation or consultation. In fact, I think I'd be hard put to recall the last time argturdland cooperated or consulted with anyone. The fact is that argturdland is all about ”demands“ and ”force“ and ”whingeing“ and ”threats“ and ”thievery“ and, of course, about being queer. Argies don't understand that taking, or giving, it in the butt isn't natural. Whether it's physical or economic. Argies demand top-class dental care so they can tell the difference between their teeth and the ejaculation from that day's ”partner“. How happy argturds must be. To know that they are, beyond doubt, the scummiest and queerest cuntry on the planet!

    Not only that but to have the support of Burger Kweer!

    Isn't it wonderful that it trumpets the successes of the CFK regime whilst carefully omitting to mention where she gets the money to prop up her schemes? Pensioners, savers, ordinary working people! Of course, screwing any and everybody else, not paying debts, stealing, invading, killing IS the way forward. Wonder how she's going to feel when it's being done to her? Although she might enjoy the screwing. But she did misunderstand one thing. When “They forecasted we would be outcast from the world” no-one mentioned Mars. The question is “Is argturdland already in Hell, or is it still on its way?” Spiralling inflation headed for 30%. Essentially worthless currency. Massive poverty. Sexual immaturity and deviation. Unaffordable subsidies. Rampant criminality with the “government” demonstrating how it should be done.

    What an exemplary sh*thole!

    May 09th, 2012 - 02:26 pm - Link - Report abuse 0
  • ChrisR

    Ah! But she has Scottie_Kirchnerist to support her.

    He's just bought a new mega-sized vulcanising kit for her face-lift! O bless.

    May 09th, 2012 - 02:46 pm - Link - Report abuse 0
  • GreekYoghurt

    @21 Whatever they're doing there, I doubt they'll be discussing 'cooperation and consultation on matters pertaining to the international financial system'. It's completely the wrong forum for them to have a rant about their pet topics, so they'll probably have a rant about their pet topics in a really inappropriate way.

    I'd expect nothing less.

    May 09th, 2012 - 02:47 pm - Link - Report abuse 0
  • briton

    how long will it be, before they start building great monuments to the great CFK,
    we are sure her devoties will pay up,
    then perhaps they can make her a gxd,
    ,,,,,,,,,,,

    after all, they all think she is one now already,
    poor deluded fools .

    May 09th, 2012 - 03:07 pm - Link - Report abuse 0
  • Idlehands

    It will be an enormous enduring weatherproof monument constructed entirely out of PVC

    May 09th, 2012 - 03:28 pm - Link - Report abuse 0
  • Tobers

    British Kirchner is irrational.

    No one is perfect. If he thinks she is flawless then he is irrational.

    May 09th, 2012 - 03:36 pm - Link - Report abuse 0
  • Simon68

    Telam 09/05/2012 12:47
    Buenos Aires

    The CFK Memorial

    The memorial dedicated to Cristina Fernández de Kirchner is to be constructed in Puerto Madero, Buenos Aires. It will be a likeness of Saint Cristina of three times life size with a national flag in her right hand and a plaque in the form of the YPF logo in her left hand. It will be made out of bronze made from copper recycled from Telefónica cables recuperated by La Campora enthusiasts.

    The cost of the memorial will be paid for with bonds backed by YPF shares.

    May 09th, 2012 - 03:53 pm - Link - Report abuse 0
  • yankeeboy

    They again made it more difficult to buy U$, now you can only buy up to 25% of your salary!
    The gov't is getting desperate!! Soy sales are much worse than expected, car exports are down drastically and o/g imports are up significantly.
    They're running out of reserves quickly...
    Devaluation is imminent.

    May 09th, 2012 - 05:24 pm - Link - Report abuse 0
  • wesley mouch

    One marvels at the stupidity of Argentines (at least a majority) for electing CFK. But it is really about greed. They hope to “wet their beak” a little at the expense of their fellow citizens. Come to think of it, I should not be overly critical Argentines, the same mentality elected Obama in the US. They just want to “wet their beak a little” at my expense.

    May 09th, 2012 - 05:31 pm - Link - Report abuse 0
  • scarfo

    hmmm sewage works, least her words didnt have far to go.

    May 09th, 2012 - 05:55 pm - Link - Report abuse 0
  • Simon68

    This article is well worth reading:

    http://www.europeanvoice.com/article/2012/april/the-last-argentine-picture-show/74248.aspx

    It is by André Velasco, Ms. Bachelet's Economy Minister.

    May 09th, 2012 - 05:59 pm - Link - Report abuse 0
  • briton

    Today, Argentina is reported to have the world's third-largest reserves of shale gas at the suggestively named Vaca Muerta (Dead Cow) field

    just about sums her up does it not .

    May 09th, 2012 - 06:19 pm - Link - Report abuse 0
  • Frank

    I've spent the last month 'up country' with only the BBC African Service for company..... the only bit of RG news aired in that time was the nationalisation of YPF... nothing about the Falklands or anything else. Just YPF...

    They also played some audio of KFC speaking..... struth she not only looks ugly... she talks fugly as well......

    May 09th, 2012 - 06:51 pm - Link - Report abuse 0
  • GreekYoghurt

    @31 I can see what he's saying. Chile has gone in the direction of 'good', whereas Argtardias trip down the rabbit hole seems to be going somewhere bad and has no end in sight.

    @33 I normally turn off the sound. T'is the voice of Mordor.

    May 09th, 2012 - 07:00 pm - Link - Report abuse 0
  • briton

    Apparently
    CFK has 3 main ambitions in life.
    1, to be the first empress over an argentine empire.
    2, to receive the noble peace prize.
    3, to get a knighthood.

    She been offered
    6 nails , 6 pieces of wood, and 6 handles.
    Another nail in her coffin .

    .

    May 09th, 2012 - 07:13 pm - Link - Report abuse 0
  • KFC de Pollo

    @2 she has already stolen the retirement fund of the argies so she needed to look else where to steal more retirement funds.

    Meanwhile her retirement fund in Switzerland (boostered greatly by the sale of YPF years ago) is going great!

    May 09th, 2012 - 07:25 pm - Link - Report abuse 0
  • GreekYoghurt

    @36 Given the amount of inflation, the only way left for argtards to earn money for retirement is to wear whorish clothing and then shake their pom-poms on Mexican presidential. election debates.

    Fair enough really.

    May 09th, 2012 - 07:39 pm - Link - Report abuse 0
  • British_Kirchnerist

    #35 “Apparently
    CFK has 3 main ambitions in life.
    1, to be the first empress over an argentine empire.
    2, to receive the noble peace prize.
    3, to get a knighthood”

    Well she's already empress over the hearts of millions, deserves the Nobel Prize and as for the knighthood she's not going about it the usual way, ie licking the arse of the British establishment, but if the left here ever take over I'll put in a good word for her =)

    May 09th, 2012 - 10:51 pm - Link - Report abuse 0
  • GreekYoghurt

    @38 Seriously I'd laugh a lot if you actually ever went to Argtardia. However, the likelihood of you ever going there is very low.

    May 09th, 2012 - 11:05 pm - Link - Report abuse 0
  • jerry

    Argentina is already being run by the left.

    May 09th, 2012 - 11:18 pm - Link - Report abuse 0
  • ElaineB

    TB used to sell Knighthoods for a £1,000,000 donation to New Labour. How very socialist.

    May 10th, 2012 - 07:38 am - Link - Report abuse 0
  • British_Kirchnerist

    #39 As soon as I can afford it I hope to visit

    #40 I know, its a real inspiration, especially when the President is so beautiful, eloquent and talented on top of having great politics =)

    #41 I hate TB, he should go to prison for waging aggressive war against Iraq and I also hate him for driving socialism OUT of the Labour party

    May 10th, 2012 - 09:55 am - Link - Report abuse 0
  • briton

    TB is a hero,

    he and CFK should get together, make a great team,
    both can live in paradise,
    and leave the rest of us alone .

    May 10th, 2012 - 10:56 am - Link - Report abuse 0
  • toooldtodieyoung

    Likewise CFK criticized policies in other parts of the world. “How many times have we heard about certain policies and I look and see what is happening in Europe, the US, but mainly in Europe, the heart of the crisis, and some seem to forget what is going on”.

    Roughly translated, this means “Under cover of the Euro zone crisis I hoped that me stealing YPF from the spanish would have gone unnoticed, but it looks like I've been rumbled”

    May 10th, 2012 - 12:00 pm - Link - Report abuse 0
  • Tobers

    @British Kirchnerist.

    If you love her and her politics so much you would have found a way to have gone to Argentina by now. Christ, the Kirchner dynasty have been in power for a decade now.

    Its sad for you that you hate the state of your country so much (if you are indeed Scottish) and the whole capitalist thing when you could be living in your Argentine socialist paradise ruled by your queen. You surely already know that its relatively easy to emigrate to Argentina.

    May 10th, 2012 - 02:18 pm - Link - Report abuse 0
  • Simon68

    42 British_Kirchnerist (#)
    May 10th, 2012 - 09:55 am

    I'm sure if you send a letter to your “Queen” she would be only too glad to put up your fare, the ony trouble is that it would be on Aerolineas Argentinas so the probability of actually getting to Argentina would be low because of strikes, no money for fuel etc.

    May 10th, 2012 - 04:53 pm - Link - Report abuse 0
  • briton

    we thinks BK has been pulling someones bells .

    May 10th, 2012 - 06:26 pm - Link - Report abuse 0
  • yankeeboy

    46. Aerolinas Argentina didn't have enough $ to pay salaries this month... I would think paying for repairs is not high on the list either.

    May 10th, 2012 - 09:54 pm - Link - Report abuse 0
  • British_Kirchnerist

    #31 “It is by André Velasco, Ms. Bachelet's Economy Minister.”

    Hopefully not in her next term!

    #43 Don't think they'd get on, Blair is a combination of the junta and Menem, hardly appealing to my Queen I'd have thought.

    #44 No it means what she says, that they attack her for being too socialist yet their hypercapitalism is failing badly

    #45-6 As I've already explained I wouldn't want to emigrate as my first duty is campaigning and voting against Cameron's disastrous policies here

    May 10th, 2012 - 11:30 pm - Link - Report abuse 0
  • Tobers

    @ 49

    Your personal sacrifice to stay in the Cameron Hell Hole (the UK) and campaign against Cameron against your own happiness and well being is commendable.

    Lifes too short. Get a one way ticket to Argentina. And besides CFK could do with your support (more than just posting sycophantic, irrational comments on this forum).

    May 11th, 2012 - 03:30 pm - Link - Report abuse 0
  • Simon68

    50 Tobers (#)
    May 11th, 2012 - 03:30 pm

    That phrase, “Get a one way ticket to Argentina.” Gives one the feeling it might end in free fall into the river Plate. Especially if the trip is by AA.

    May 11th, 2012 - 03:58 pm - Link - Report abuse 0
  • Tobers

    puede ser

    May 11th, 2012 - 05:08 pm - Link - Report abuse 0
  • British_Kirchnerist

    #50 I don't really see it as a sacrifice and I really don't see Britain as a hellhole, its a great country that can be made better still by the campaigning of leftists like me =) And I don't think Cristina “needs” me when she has a majority of her own people who agree with me; of course if she were ever to recognise my loyal support I'd be most happy, but I imagine she's quite busy...

    May 12th, 2012 - 09:54 am - Link - Report abuse 0

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