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Dollar restrictions target money of ‘non-declared origin’ argues Argentine Senator

Tuesday, May 29th 2012 - 00:14 UTC
Full article 45 comments

Argentine Senator and former cabinet chief Anibal Fernandez strongly defended on Monday restrictions imposed by the government on dollar purchases arguing it would be “suicidal” to return to a flexible scheme which he insisted was implemented in defence of “the interests of Argentina”. Read full article

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  • Think

    TWIMC

    May 28th, 2012 - 08:52 pm

    Dollar “Blue”....: Down again to 5.82........

    Seems to be that “The Sky Will Not Fall Over Us Today Either”, as Obelix always says....

    May 29th, 2012 - 03:50 am - Link - Report abuse 0
  • Moriety

    As the Argentinians just do not understand the modern British: This is a video of us NORMAL people having fun. Note the lone copper who doesn't even understand why he is there. Us British are born FREEmen and women. no matter what our governmement tries to do to us.
    http://www.youtube.com/watch?v=vafE7DRsCow&ob=av2e

    May 29th, 2012 - 04:11 am - Link - Report abuse 0
  • Beef

    Think - i guess you agree with you government restricting the civil liberties of your fellow Argentines by stopping them do what they wish with thier own money. Why shouldn't you be able to buy as many dollars as you wish?

    May 29th, 2012 - 06:26 am - Link - Report abuse 0
  • tobias

    @3

    What would you know of Civil liberties? You live in a police/big brother state. All phones are tapped, all streets are under surveillance, all citizens are expermimented upon. You are a travesty of “freedom”.

    May 29th, 2012 - 06:28 am - Link - Report abuse 0
  • Beef

    Tobias - i see you another of one of those conspiracy theorists. I couldn't give two hoots if my calls are listened to. Anyone listening to my calls is going to be extremely board and CCTV is great for controlling the traffic and keeping an eye on those undesirables. I much prefer being able to buy as many dollars as i wish with my pounds. Such a concept comes in very useful when visiting my villa in Florida.

    May 29th, 2012 - 07:06 am - Link - Report abuse 0
  • British_Kirchnerist

    #2 I like you, you're open minded and quite left wing,but I fear here you make two big mistakes. First in calling Argentina unfree just because they are grappling with the issue of capital flight which 10 years ago collapsed their economy, and also in presenting a rather rose tinted view of Britain. Don't get me wrong I love this country, its just that on the issue of “freedom” our rights have been eroded, especially by the Blair government, and the idea that we're some kind of model free country is complacent in the extreme and does a disservice to those who have been failed or even victimised by the system here

    May 29th, 2012 - 09:10 am - Link - Report abuse 0
  • Beef

    So BK, your argument is that if a country's economy is going to the dogs then it is acceptable to make sure that the citizens of that country are banned from taking action to preserve their own individual wealth and insure themselves appropriatly?

    Yes, make sure everyone suddenly becomes poor, now that is a sensible economic policy. Thank the lord you are not actually British.

    May 29th, 2012 - 11:29 am - Link - Report abuse 0
  • Idlehands

    Hate to tell you Tobias - but Echelon listens in on all your phone calls too.

    May 29th, 2012 - 02:04 pm - Link - Report abuse 0
  • wesley mouch

    Buying dollars is restricted for the masses but Peronist cronies such as Mr Fernandez, CFK and fat boy Maximo have access to unlimited dollars. Those who vote for the free lunch get the shaft. One of the undeniable truths of life.

    May 29th, 2012 - 02:30 pm - Link - Report abuse 0
  • tobias

    @8

    I don't use phones much. I never owned an Iphone, smartphone or any such stuff.

    @5

    You may not care, but I do. I prefer privacy to indulging Philistine values. Money, money, money... the only thing that gives you pleasure in life. Sad.

    May 29th, 2012 - 02:44 pm - Link - Report abuse 0
  • Beef

    That is where you are wrong Tobias. It is not the money but what i can do with it that i care about. With my economic freedom i can pay for my boy to be independently educated. I can eat higher quality food. I can have a nice holidays with my family. I get an output from doing a good job. Etc. Etc.

    I care deeply about my economic freedom as my ability to use such freedom frees my from being dependent on the state. Now that is true freedom.

    Meanwhile you cannot do what you want with your own money and even questioning your gvts own economic data is enough to land you in court.

    I think my freedom is worth more.

    Now go and get back with your black market etc. We are above such things.

    May 29th, 2012 - 03:23 pm - Link - Report abuse 0
  • tobias

    @11

    Monetary restrictions are always temporary. CCTV inside your toilet seat and punctured phones are forever. Enjoy your privacy.

    I won't judge you further on money, as I have a very different philosophy. I don't care about money or making money, but I understand why most don't see it my way.

    May 29th, 2012 - 03:28 pm - Link - Report abuse 0
  • Beef

    Temporary until the next time and the time after that I suppose.

    May 29th, 2012 - 03:41 pm - Link - Report abuse 0
  • Conqueror

    @3 I've followed your comments with interest over many months. However, I think you've missed something here. Argies don't have anything they could term “their” money. All argies only have temporary access to “government” money. In fact, I reckon that as far as the “argie government” is concerned, “money” doesn't have much meaning. Argies are “using” government vouchers. No intrinsic value. Just what “value” the government says that it has that day. Think back to when argieland wouldn't buy its currency back from Uruguay. Who would buy anything with no value?

    May 29th, 2012 - 03:55 pm - Link - Report abuse 0
  • tobias

    Since I don't buy new cars, or fancy phones, or nice clothes, it really doesn't matter to me. I don't need to impress people with those things, I don't date women or men, I don't plan to have children. If people thought like me there would no capitalist system... lol.

    I save all my money and invest it.

    May 29th, 2012 - 03:57 pm - Link - Report abuse 0
  • Moriety

    @6 British Kerchenist

    I think both nations have been stafted by Capitalism, but only one is nationalistic these days. Tobias makes the most interesting posts here, not least as he thinks the Falklanders should be left in peace by the crazy Argentinian Goverment, but also because he's a sensible reasoned decent bloke, who funnily enough, makes very good posts.

    Both our nations (UK and Argentina) have huge problems, and members of one nation slagging-off (criticising) the people of the other does nothing to solve the corrupt Political and gone-rotten capitalist systems we have. How does this help us?

    The video link @2 was an attempt to show “them” that we are the same as them, unless Argentinians dont have small gigs (live music) in small towns that is.

    May 29th, 2012 - 04:47 pm - Link - Report abuse 0
  • Beef

    So Tobias. As you hoard money then money is more important to you than us then. That either makes you a miser like old scrooge or some sort of ultra monetary capitalist. Be careful though, your beloved Argie peso is not exactly stable. I would suggest to protect your money (as opposed to wealth) that you get it out of Argentina. Many Argies had their pensions raided and next it could be deposits.

    Good luck with the hoarding.

    May 29th, 2012 - 05:24 pm - Link - Report abuse 0
  • tobias

    I don't hoard money because I want to, I do so because I don't want to be a burden to others. Once I know I can sustain myself even under incapacity, I will use the money to travel and travel some more to use my languages, or give to selective charities.

    May 29th, 2012 - 05:45 pm - Link - Report abuse 0
  • Beef

    But tobias when save your money to do that (apart frim the charity part as i do a number of runs etc. for charity). My incapacity is all sorted by a couple of nice insurance policies with Zurich. Cash gets shafted by inflation (especially true in Argentina).

    If you want to travel then do it now while in your prime or get a job that involves travelling and let someone else pick up the bill.

    Ultimately we are all self-interested capitalists and from your statements above you fit in quite nicely.

    May 29th, 2012 - 06:27 pm - Link - Report abuse 0
  • zulu99

    So Tobi, what do you do for a living?

    May 29th, 2012 - 06:39 pm - Link - Report abuse 0
  • Beef

    What he does for a living is not really relevant. Unfortunately for him he lives in a country that is considered to be a repressive state in terms of economic freedom. Even Belarus and Syria get higher rankings and that is telling.

    http://www.heritage.org/index/ranking

    May 29th, 2012 - 06:44 pm - Link - Report abuse 0
  • Rob the argentine

    I see some argies accept the over-control when buying dollars. Here you can see where AR is going about freedom. If someone is traveling oversea MUST tell the AFIP (the government) who you are, your profession, where and why you are traveling, who are traveling with you (name and number of personal document), how long will be your trip, how are you traveling (car, bus, plane, etc). If you travel by car, must provide documentation of the car. Traveling by bus or plane, must provide information about where and how you bought the ticket (company name, cash or credit).
    After all that the AFIP will see if they let you to buy dollars and the amount.
    Also you can buy dollars for traveling only once every six months.

    May 29th, 2012 - 07:48 pm - Link - Report abuse 0
  • Moriety

    Blimey Rob,
    Are you saying that in order to leave Argentina you must give all this info?
    And to think I was moaning about the British government charging us lots of money to leave our own nation. Governments, really, they are becoming more parasitical as each day passes.

    If the companies would just PAY the taxes owed, instead of avoiding them, nations wouldn't need to be so desperate.

    May 29th, 2012 - 08:54 pm - Link - Report abuse 0
  • tobias

    @19

    I'm not a capitalist, I just use money because I understand it is required in some instance. I would be completely happy in a solitary cabin just hunting and gathering. Don't care really.

    I don't need to purchase “stuff”.

    May 29th, 2012 - 09:02 pm - Link - Report abuse 0
  • Rob the argentine

    Moriety #23 This is not about companies paying taxes!! this is about our government controling everythng, also your personal and private life.
    Also, we can not leave the country with more than 10 thousand dollars. If they catch you at the airport with mora than that they (the AFIP) take it from you. There is a LAW ruling it.
    In the last months there are others examples about how the government is over-controling us. We are going to be like Cuba!!
    Oh .... wait!!!! maybe now the islanders will beg to be part of Argentina, jejejejeje

    May 29th, 2012 - 09:16 pm - Link - Report abuse 0
  • Moriety

    Rob, If companies around the world stopped avoiding paying taxes and just PAID them, the world would be in a better position and our taxes would be lower.

    Can these companies afford to pay them? Well if an 18 year old British worker on £3.10 per hour has to pay them, I'm sure the multi-national companies can pay them as well, as unlike the 18 year old, they earn millions or even billions, not the £6,000 he or she earns. It is discusting.

    May 29th, 2012 - 09:30 pm - Link - Report abuse 0
  • malen

    A shame these polititians are the most great shame we can have.
    They have dollars why dont they pesificate at the official price???? Give the example, KK.
    And people feel there rights are vulnerate, if people had pesos (as they recommenmd) they can buy today leessss than before, because the BIG DEVALUATION (like the corralito of 2001) with the dollar up to 5,92 (the other dollar you cant buy it) and the prices considering the blue dollar, not the official, makes people loose money. And these affects the common people, the rich are every day more rich, and can buy the blue with no problem.
    This is the model, the model of thieving they have.
    People is taking dollars of banks, because we have seen this movie before.

    May 29th, 2012 - 09:56 pm - Link - Report abuse 0
  • jerry

    #222 - You left out one more requirement; you must prove that you obtained your money legitimately. Sounds like you are guilty until proven innocent.

    May 29th, 2012 - 10:02 pm - Link - Report abuse 0
  • Rob the argentine

    #28 yes, I forgot it. In Argentina at the moment everyone is guilty until proven innocent ..... sorry, everyone but politicians.

    #26 yes, I understand your point, but is not the issue here. Our K government is controlling us more and more every day.

    May 29th, 2012 - 10:22 pm - Link - Report abuse 0
  • Moriety

    @27 Malen
    “And these affects the common people, the rich are every day more rich, and can buy the blue with no problem.
    This is the model, the model of thieving they have.”

    Yes, and slowly, but very slowly, people are starting to get sick of these parasites. They must be watched: The British Government is still protecting the British Virgin Islands: One of the biggest Tax havens in the world. It must stop. If a company makes a profit I want it to PAY it's taxes, just like all it's workers do.

    In the current economic climate I'm really angry that if you do a google search on “tax avoidance” the first 10 results are actually companies who will help other companies avoid paying tax. Each of those companies represents many closed schools, hospitals and Fire Stations.

    May 29th, 2012 - 10:25 pm - Link - Report abuse 0
  • KFC de Pollo

    if every company paid their taxes they would have to pay 108% of their profits!

    http://www.doingbusiness.org/data/exploreeconomies/argentina#paying-taxes

    fix the stupid system and you'll have more money. shame its so corrupt it will never actually happen.

    108%108%108%108%108%108%108%108%108%108%108%108%108%108% !

    May 29th, 2012 - 11:38 pm - Link - Report abuse 0
  • malen

    The worst thing AF calling people dishonest, a laugh!!!, a joke!!!
    People knows how the economy works here: bad, always bad for the people.
    They should get in charge of what they do, dont blame on others, they do this, because they do need the dollars. It is not that people is dishonest.

    May 30th, 2012 - 12:05 am - Link - Report abuse 0
  • Rob the argentine

    #32 Marlen, what you mean with AF? is it a type-mistake for AR?
    Here, in Argentina, the whole country went to hell. Our government is stealing, lying, bulling other countries, no honoring debits, and so on. They think as they were voted they own the country. The worst is many people still support them.

    May 30th, 2012 - 12:17 am - Link - Report abuse 0
  • Condorito

    BK
    As I have said on a few occasions, you need to get out of the UK and see the world.

    From the years I spent in the UK I would say that it is one of the most free countries in the world and extremely permissive.
    Big brother is not watching.

    For Chileans it is hard to comprehend a society that works without ID cards. The British public completely rejected ID cards. To open a bank account in Chile you have to give finger prints. Could you imagine that in the UK? I think not.

    To demonstrate the total lack of big brotherness in the UK: my wife, also Chilean arrived on a 3 month tourist visa (ie not allowed to work). She decided she wanted to work, found a job and started work. After a couple of weeks a letter arrived from the revenue, it said – we can’t find your NI number so we assume you are working from the first time, so here is a NI number you can use!!! Wow, isn’t big bruv terrifying!

    I can’t leave Chile with my children without a notified letter from my wife (and vice versa), I would get as far as customs. Yet in the UK my wife (technically an illegal alien) could enter and leave the country with her niece (ie a child that wasn’t hers). For me the shear lack of state control was unsettling. To open accounts etc a utility bill with your address is considered a form of ID!!!! Please. Furthermore almost all applications for accounts can be done by post so you can send of the ID you want to open accounts (if you wanted). My conclusion was, as I have said before, that this incredibly lax system only works because most people are honest. And that is probably why the system is exploited by immigrants (health tourism and so on). They, like I was are surprised a system can work largely on trust.

    BK don’t cry about Big Brother when you have no idea of what Big Brother is really like. Big Brother is 1000s disappearing because of political views. Big Brother is Londres 38. Big Brother is not being pulled over for blowing a red light.

    May 30th, 2012 - 02:55 am - Link - Report abuse 0
  • Bombadier Spoon

    Condorito, although I am alarmed that your wife is working illegally I welcome most to the UK. I know there is a lot of people in the UK that do not like immegration at the moment accusing immergrants for taking jobs. I however see it a different way. There are some unemployed people in the UK who want to work at the moment but are stuggling to find a job. There are some who have no intention to get a job and live off benefits. Therefore I welcome anyone who comes to the UK and works and pay taxs as that tax is put back in the country. That person has become a commodity. A worth while person in the society. Thing for those that don't want to work in the UK and complain should be removed and replaced with people that do. It is almost impossible to tell who these people are.

    May 30th, 2012 - 06:48 am - Link - Report abuse 0
  • Condorito

    Thanks Bombadier. We have been back in Chile for many moons now. I have much respect for the UK, I lived and worked in England and Scotland. Despite many flaws the thing I would most like to import to Chile would be the trust based society. Don't lose it!

    I don't think Brits should feel ashamed at saying “immigrants piss off”. Having moved in immigrant circles I can say that lots are there because of the easy ride.

    May 30th, 2012 - 02:33 pm - Link - Report abuse 0
  • British_Kirchnerist

    #36 I have also met immigrants in this country, including asylum seekers who would face torture and murder if deported. A blanket “piss off” of the BNP/Daily Mail (and sadly often New Labour too) type would be incompatible with our being a country that has abolished and campaigns against the dath sentence

    May 30th, 2012 - 04:13 pm - Link - Report abuse 0
  • Condorito

    @BK
    Political asylum is fine. They are a tiny minority. I am saying that if the British people are fed up with immigration they should feel within their rights to say, “sorry, all full, no more for now please”. It is not racist to say that. I saw all sorts of rackets: Brazilians who knew how to play it to get housing, would instruct others coming over on how to get in, what to say, how to work the system. The scale of the problem is massive and very difficult to get to grips with, without getting on the wrong side of human rights’ legislation.

    In post 6 you were suggesting the UK was becoming a big brother state. If that is so, why don’t the asylum seekers you mention want to escape the tyranny of British state control for the freedom of their homelands? Possibly because their homelands are tin-pot 3rd world hell holes and the UK is possibly the greatest up holder of human rights, to the point of their own detriment, e.g that cleric with the hook who is still there. Here he would have been lynched and justly so.

    May 30th, 2012 - 06:47 pm - Link - Report abuse 0
  • Moriety

    @ Condorito

    I'd welcome you and your wife back to London any day. Your wife has shown she is resorcefull. London is full of people who are from other nations. The mere act of going to another nation to get a better life is enough for me to welcome them into my city. They are motivated.

    One day perhaps the world will have the political concept of “nations without borders” where any of us can “try our luck” in another nation.

    The concept of claiming “asylum” in a nation is as outdated as the Fascists the sytem was designed to protect against. Most just want a better life, but must lose their nation and pretend they have a problem within their own nation whilst doing so.

    The French charity “Médecins Sans Frontières” (Doctors Without Borders) is the model us lot should aspire to. Hell, I'd love try my luck in Brazil, Uruguay or Chile, just as I'm sure many in those nations would like to try London, or even other bits of the UK :)

    In London we are used to illegial immigrants and it doesn't bother us, nor should it, they also help make my city great and special.

    May 30th, 2012 - 07:00 pm - Link - Report abuse 0
  • Condorito

    Moriety,
    You are a Londoner and a gent and your generosity and open mindedness are a credit to your city.

    May 30th, 2012 - 07:15 pm - Link - Report abuse 0
  • Moriety

    I'm complety normal as a Londoner mate, I promise you that.

    The kids in London schools growing up together would have problems understanding the concept of suddenly being told their best mate was an “alien” (Our official term for an illegial immigrant). Open the borders. In my class in a certain London school, we were luckily educated before the Government decided to make us all aware we were “different” if we had different skin colours. What a load of bollocks: a London child is friends with another it's because they like each other. They've grown up together.

    Kids only notice that skin-colour crap if adults point it out. Let them be, and allow them to grow up together.
    Anyway, I've gone off-topic, sorry!

    One thing. London kids still leave schools without speaking another language, except for their parents native tongue, This isn't good. Us White-British are basket-cases (hopeless) when it comes to other languages. Languages are important. The UK got lucky as the USA speaks English as well.

    May 30th, 2012 - 07:38 pm - Link - Report abuse 0
  • Condorito

    Well you make your own luck.
    The USA got lucky it was colonised by the English.
    If the French had won at Waterloo and set up better colonies, French might have been the global language.

    May 30th, 2012 - 10:27 pm - Link - Report abuse 0
  • Moriety

    Condorito,
    What's in a language?
    Not sure what you are trying to say here?
    I'd LOVE to speak another language and left school speaking French, and could even have a mind conversation using it aged 18, thanks to the Government of my time who actually made learning French compulsory, no matter how crap we were at learning it.

    I'm still not sure of what your point is? As a native English speaker I dream of speaking, like you do really do, in another tongue. My two favourite languages are still to this day, French and (female spoken) Swedish. Both sound like music to me at times.
    Modern French and Spanish spoken normally (on the street) can sound like a hammer-drill, but even Spanish spoken softly is better than us lot speaking English.

    I cannot understand your point? Are you saying French is better? Tre bien, I agree if so, but history never allowed us descendents of colonialism the luxury of the better sounding language as the British won in the modern nations that counted until recently. Mandarin anyone? :)

    I hope at least a few of you lot in the world at least watched the video link @2 and now understand British us a little better. How ever crap at learning another language we are.

    Jun 03rd, 2012 - 05:03 am - Link - Report abuse 0
  • Condorito

    Moriety,
    I was just turning around your last point: “The UK got lucky as the USA speaks English as well”. I am saying it wasn't just luck. The USA speaks English becasue of England's success. That's all. Nothing against French or any other language.

    Jun 03rd, 2012 - 04:15 pm - Link - Report abuse 0
  • Moriety

    Ok cool Condorito, and thanks :)
    At times I can be a little stupid......I really was confused.
    Easily done at times, less likely if I'm drinking tea, not beer :)

    Jun 05th, 2012 - 07:27 pm - Link - Report abuse 0

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