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Cristina Fernandez denies any dollar clamp: in nine months paid out 80bn dollars
Argentine President Cristina Fernández again denied the existence of money exchange restrictions over the purchase of dollars by explaining that “Argentina has already paid 79.8 billion dollars so far this year”. Read full article
Comments
Disclaimer & comment rules“CFK who added that “in any country if they catch with more than 1.000 dollars cash in your pockets, you are considered a drugs’ dealer”.”
Oct 02nd, 2012 - 06:56 am - Link - Report abuse 0I've had more than that in my pockets plenty of times, it's not because I'm a drug dealer, it's because I live in a developed country and have more more than Argentinians apparently have. I also don't need to ask a degenerate retard with a deflated football for a head to spend my own money that I have earned.
This article is breathtaking. The resons she gives to 'prove' there is no dollar clamp are nonsensical. Seems to be a case of “if I keep on talking and denying then hopefully it will all go away”
Oct 02nd, 2012 - 06:58 am - Link - Report abuse 0I like the phrase “...if they catch you with 100 dollars”. Like, yeah, we all live in police states too.
Oct 02nd, 2012 - 07:00 am - Link - Report abuse 0@2: as well you know, she's rolling out the rinse and repeat, rinse and repeat attitude of propaganda. Goebbels, as always, would be proud.
I travel with a lot more than $1,000 in my purse so I guess CFKC thinks I am a drug dealer. She is so stupid and keen to display it.
Oct 02nd, 2012 - 08:28 am - Link - Report abuse 0@ElaineB
Oct 02nd, 2012 - 10:03 am - Link - Report abuse 0In Argentina none will care because is a cash economy but in US and in some European countries you will be flagged as a suspicious person.
1k dollars is nothing in Argentina, people use to have a lot of cash at home ranging from 2 to 50k USD.
This is due to people don’t trust in banks and none can blame them. The same will happen in EU and US in the near future after financial global collapse.
Cash using is better than Credit Card using that has heavy interest burden.
Oct 02nd, 2012 - 10:05 am - Link - Report abuse 0“In no country in the world can you purchase 2 million dollars without saying the purpose” said CFK who added that “in any country if they catch with more than 1.000 dollars cash in your pockets, you are considered a drugs’ dealer”.
Oct 02nd, 2012 - 10:38 am - Link - Report abuse 0Currency traders buy and sell everyday on the Forex without questions. Maybe she just needs to make a edict, I mean decree and make that term illegal to use.
The Argentine's that have 50k in U$ dollars aare the middleclass that asslips hates and is attacking. You are not in argentina dumbo, stick to what you know......assology
@5 I travel pretty much all over with a stash of dollars. It has never been a problem or singled me out as suspicious, so far. : ) CFKC is the first person to intimate I might be of dubious character for doing so. I understand what she is trying to do - make people hoarding dollars seem socially unacceptable - but, as you say, banks crashing in Argentina is a very fresh memory and people are not going to be talked out of holding onto a small amount of security.
Oct 02nd, 2012 - 10:38 am - Link - Report abuse 0In truth, hoarding gold and other valuables is more secure. European countries and the US experienced the Great Depression, so they are not without experience. If the world economy collapses there will not be a country in the world untouched, which is why everyone is working to prevent it.
@6 Only if you don't clear the balance at the end of each month.
I think she is in the middle of a massive melt down right along with her economy.
Oct 02nd, 2012 - 10:44 am - Link - Report abuse 0She is going to go down as one of the nutters who ran a country into the ground. I think she'll be studied for a long time to come.
I am not a fan of CFK. Her government although democratically elected, is increasingly dictatorial. They ''defile'' the Argentine constitution, lie and cheat, and line their pockets and those of their cronies. But what's new, that's always been the way in Argentina.
Oct 02nd, 2012 - 12:04 pm - Link - Report abuse 0However, why does CFK lie about/side-step a policy, that all Argentina should applaud, is beyond me - come on CFK - dollar control was the right decision - ''pesification'' of Argentina is right for the economy and the people in the long-run.
Unfortunately, CFK dictates knee-jerk policy extremes and so there's been some silly ''tinkering'' that has and will really piss people off. Come December and January - just wait for the fireworks. When the great and good want to go to Punta de Este it's going to be an interesting time - Kirchnerites are banned by CFK - thank god, I would not want to share my beach with thugs like Moron-Moreno.
Remember, in Argentina, too much wealth was controlled by too few. That's always been the way. People in Argentina are not like Brits or the Yanks or the Frogs, they are ''fair weather patriots'' and when their country is in trouble it's always been every man for himself.
Peso to dollar exchange increases to astonishing levels, dollars leave the country in incredible sums and bank deposits disappear - it’s always been the way apart from the era of unwise (for so long) dollars parity. Economic problems are exacerbated and disaster usually follows in some form or another. I have seen this quite a few times, but none quite as spectacular as 2001/2.
After the peso devalues and the storm calms, back come the dollars to buy up cheap. I am one of those people who sent my money packing - I am older - wiser. I need to see Argentina win, I know it can. Although this ‘’cookie-bird’ running the country worries me, I want to see her stay until her mandates finished. Stability of democracy is so important, even if you do not like those who lead.
Pesification just means everyone loses their savings. Argentina would be better off making the $US legal tender so that the economy stabilizes and the government has less power to fleece everyone.
Oct 02nd, 2012 - 12:41 pm - Link - Report abuse 0“”“CFK who added that “in any country if they catch with more than 1.000 dollars cash in your pockets, you are considered a drugs’ dealer”.”“”
Oct 02nd, 2012 - 02:02 pm - Link - Report abuse 0WHAT planet is this woman from?
@1 When you enter any EU country from outside the EU, you are required to complete a cash declaration in respect of €10,000 or more. Or the equivalent in other currencies. But it doesn't follow that you are automatically considered to be a drug dealer. It may prompt enquiries. But then there will be enquiries if you are found carrying similar amounts OUT.
Oct 02nd, 2012 - 02:15 pm - Link - Report abuse 0@6 The heavy argie interest burden!
Hmm I guess I must be classed as a drug dealer, 'cos when I went to Florida on holiday I carried US$2,000 in cash, and another US$8,000 on a prepaid credit card.
Oct 02nd, 2012 - 02:26 pm - Link - Report abuse 0However, the US customs officials didn't think to be 'suspicious' and I and the family had a damned fine time. They were probably very happy that I was spending my money in their country which in turn helps their economy.
Anyway, to paraphrase Shakespeare “A dollar clamp by another name, impoverishes just the same.”
@Conqueror
Oct 02nd, 2012 - 02:37 pm - Link - Report abuse 0I have never been required to complete any cash declaration, nor in UK nor in continental Europe stop talking BS please.
In fact they not even inspect my passport in UK.
UK is holeloop and easy to enter you can easy realise that by taking a walk for UK streets especially in England.
There must be a “holeloop” if they let the likes of you in Dany
Oct 02nd, 2012 - 02:50 pm - Link - Report abuse 0Sovereign nations require their own currency. It’s rather silly to say that Argentina should dollarize. To control one’s own currency via an independent central bank is a cornerstone of modern economic thinking. Argentina is only half way there and takes one step forward and two steps back.
Oct 02nd, 2012 - 03:40 pm - Link - Report abuse 0My point is, pesification is a necessary evil. Dollar controls only really affect about 18% of the population negatively and me being stuck here with pesos is the ''bed I made'' made years ago. However, she's gone too far of course trying to hurt the land owners and the Recoleta crowd.
If she was pinnochio , she would have a nose like a broom handle
Oct 02nd, 2012 - 04:05 pm - Link - Report abuse 010 bigron
Oct 02nd, 2012 - 04:14 pm - Link - Report abuse 0You say............:
”Dollar control was the right decision - ''pesification'' of Argentina is right for the economy and the people in the long-run.”
”Remember, in Argentina, too much wealth was controlled by too few. That's always been the way. People in Argentina …….. are ''fair weather patriots'' and when their country is in trouble it's always been every man for himself.”
”I am older - wiser. I need to see Argentina win, I know it can.”
”Although this (’sweet little lady’) running the country worries me, I want to see her stay until her mandates finished. Stability of democracy is so important, even if you do not like those who lead.”
”Sovereign nations require their own currency. To control one’s own currency via an independent central bank is a cornerstone of modern economic thinking.
My point is, pesification is a necessary evil. Dollar controls only really affect about 18% of the population negatively and me being stuck here with pesos is the ''bed I made'' years ago.”
I say.................:
If you weren’t so old and ugly I would give you a big kiss……..
A fraternal hug will have to suffice though…...
Respect…….
15 DanyBerger
Oct 02nd, 2012 - 04:25 pm - Link - Report abuse 0“In fact they not even inspect my passport in UK.”
If you came in by car from mainland Europe then they may not have bothered if you went into the green channel.
Try coming from Argentina by air into the UK.
Argentina is on the 'drugs' list and you WILL have your passport checked and your name run through the CRO computer. If it gets a hit you will be touching your toes very quickly.
Unless of course you have not been in the UK in the last 10 years.
@15
Oct 02nd, 2012 - 04:32 pm - Link - Report abuse 0DannyBullshit
Again as usual you are wrong, border controls in the EU require you to declare if you are carrying more than 10,000 euros in/out of the EU area.
Everyone's passport is checked on entering the UK - even those who are travelling on their mothers passport.
@20 When I fly home from Buenos AIres to Heathrow, immigration are waiting with dogs at the plane door. Anyone with a SoAm passport is checked even before they get to the main Border Control.
Oct 02nd, 2012 - 04:41 pm - Link - Report abuse 0In general: All of the countries I travel to ask for a declaration of cash over $10,000. You can take in more but need to declare it or risk confiscation or a fine.
The Mme President is always so eloquent and smart.
Oct 02nd, 2012 - 04:51 pm - Link - Report abuse 0Yes Elaine when I fly back to the states from south american, usually Texas or Miami, I try to avoid DC, they are all over me. USA has the 10,000 max without declaring it as well. Over that is just some paperwork.
Oct 02nd, 2012 - 04:58 pm - Link - Report abuse 0I would have thought that the majority of people that travel seldom carry large amounts in excess of a 1,000 $ in cash with with them.
Oct 02nd, 2012 - 05:02 pm - Link - Report abuse 0The majority of countries that I travel to I will use a cash card to withdraw money in the local currency with no restrictions.
Maybe travelling to countries like Argentina where I could get more pesos for my dollars if I used cash it might be worth the risk of carrying large amounts of cash with me.
Britain, be like Argentina. Do as Kirchner did.
Oct 02nd, 2012 - 05:04 pm - Link - Report abuse 0http://blogs.telegraph.co.uk/finance/thomaspascoe/100020478/britain-is-following-argentina-on-the-road-to-ruin/
I am one of them. I carry enough for cabs and tips. I am a debit card user. I use local ATM's when I need to.
Oct 02nd, 2012 - 05:05 pm - Link - Report abuse 0Iran just lost 18% of the value of their currency in one day, 40% in a week, and 75% this year.
Oct 02nd, 2012 - 05:33 pm - Link - Report abuse 0Theres an added trade stand-off, but can anyone tell me how they handled their currency differ from Argentina?
When I was living in Argentina it was tricky because of the restriction on the amount you can withdraw from ATMs per day (This was a restriction imposed by the Argentine banks and not my bank). I used to find myself visiting the ATM daily. Very annoying.
Oct 02nd, 2012 - 05:48 pm - Link - Report abuse 028 Ayayay - Iran is a unique situation as it is subject to intense economic sanctions. Not really comparable.
Oct 02nd, 2012 - 07:03 pm - Link - Report abuse 0the flag is in the wrong place, silly argies,
Oct 02nd, 2012 - 07:14 pm - Link - Report abuse 0it needs to be moved 2 feet to the right..
28. That is what happens when you get shut out of the World's financial centers and stop trading with everyone.
Oct 02nd, 2012 - 07:34 pm - Link - Report abuse 0Just like CFK intends to do to Argentina.
Hyperinflation is just around the corner there is nothing to stop it now.
Buy sugar and laundry detergent, sotre in cool dry place so you can trade it for food and rent.
Turkey neck new face lift......freaking amazing!!!
Oct 02nd, 2012 - 07:39 pm - Link - Report abuse 0http://s1064.beta.photobucket.com/user/CaptainPoppy1/media/CFK_zps99e88b2d.jpg.html#/user/CaptainPoppy1/media/CFK_zps99e88b2d.jpg.html?&_suid=1349206744467024654043383597574
Not good when famous people get mugged in BA. Sets a very bad narrative for any tourists visiting the city.
Oct 02nd, 2012 - 09:35 pm - Link - Report abuse 0http://www.stuff.co.nz/sport/rugby/all-blacks/7759639/NZRU-chairman-says-Argentina-mugging-a-blur
You guys prolly just explained why ethey sent me to an extra room for questions when I arrived in Miami from Argentina. Ug ug ugh.
Oct 02nd, 2012 - 10:18 pm - Link - Report abuse 0It had never happened coming back from other countries. My hypothesis is that the, my term, radicalized Latino conservatives or imported authoritarianism has an influence there. It really wasn't cool and did not fit my usual experience with gov.
Argentina should really change its flag.
Oct 02nd, 2012 - 10:26 pm - Link - Report abuse 0more in line with her modern views,
a crooked [z] crossing each other, on a black backround.
justa thought.
A huge “cacerolazo” (pot banging protest) in protest of the Kirchner corrupt governement, is planned for November 8th not only in every single city and town in Argentina, but in front of every Argentine consulate all over the world! Here's the link:
Oct 03rd, 2012 - 03:52 am - Link - Report abuse 0http://www.facebook.com/events/315644108534028/
@ 29 ElaineB
Oct 03rd, 2012 - 04:41 am - Link - Report abuse 0“the restriction on the amount you can withdraw from ATMs per day This was a restriction imposed by the Argentine banks”
As far as I am informed this is (at least was originally) to prevent express kidnappings, where the victim was held while the kidnappers emptied the account.
With a low daily limit, express kidnappings suddenly became very unattractive.
The world is watching .
Oct 03rd, 2012 - 10:01 am - Link - Report abuse 0When I travel to Argentina I use my debit card all the time and I also carry about 500$ for incidentals, tips for valets, maids, waiters and other “services” that don't take debit. I have been robbed twice in Arg, once at gunpoint, but now I sometimes worry even more what they will do if I have no money. With my debit I can withdraw 400$ a day, Banco de la Provincia gets a nice cut out of that!
Oct 03rd, 2012 - 11:58 am - Link - Report abuse 0@Zhivago
Oct 03rd, 2012 - 12:47 pm - Link - Report abuse 0Well seems all of you have been robed in BA or ARG...
Are you boys going all to the same places to buy drugs in some Shantytown?
Do you have a sign in your face telling to criminals rob me please?
Don’t you have any experience travelling in big cities around the world?
Just curious...
@41
Oct 03rd, 2012 - 12:52 pm - Link - Report abuse 0Peaceful and safe place BA
http://www.stuff.co.nz/sport/rugby/all-blacks/7759639/NZRU-chairman-says-Argentina-mugging-a-blur
The holdouts just seized the Argentine Frigate LIbertad in Ghana. I wonder when they will start seizing Aerolinas' airplanes? Can't be too far off now.
Oct 03rd, 2012 - 01:19 pm - Link - Report abuse 0Just because CFK denies owing the holdouts etc doesn't mean the rest of the world agrees.
hahahhaaa
I haven't been mugged but it is pretty common in BsAs. The hotel I prefer gives both a verbal and written warning to guests about crime in BsAs. My Argentine friends tell me it has increased considerably over the last couple of years but, as I said, I haven't been a victim.
Oct 03rd, 2012 - 01:35 pm - Link - Report abuse 0Every RG I know...EVERY ONE has been mugged/assaulted/pickpocketed/expressed kidnapped at one time or another.
Oct 03rd, 2012 - 01:42 pm - Link - Report abuse 0As the economy collapses it will get even worse. My Rg friends are telling me not to go in NOV they think there will be a general collapse beforehand and I will get trapped there.
The border guards are noine to happy about a 60% cut in salaries. Maybe they should form a new government:
Oct 03rd, 2012 - 01:46 pm - Link - Report abuse 0http://www.buenosairesherald.com/article/113197/border-guard-officers-join-coastal-guard-wage-protest
Funny thing is though, they send the gendarmarie to control riots...they better get this worked out soon.
Oct 03rd, 2012 - 02:19 pm - Link - Report abuse 0I am bummed, they worked it out......lol. I think they smelled fear.
Oct 03rd, 2012 - 03:56 pm - Link - Report abuse 0@ 46/ 48 Conqueror/Captain Poppy= same UK WIMP
Oct 03rd, 2012 - 04:33 pm - Link - Report abuse 0Come on....robberies, sexual assaults, domestic violance...is the same in all big cities....
The USA police cannot control the DRIVE BY SHOOTING ..and/or HOME INVASIONS..
The Border Patrol cannot control the mexican drug dealers shooting
a 30 yrs. old Border Patrol Agent
killed yesterday in Naco, Arizona.
The USA cannot protect their embassies overseas from terrorist attacks...
48, According to TN.com they have not worked out anything yet and it looks like there are more groups joining the protest.
Oct 03rd, 2012 - 07:32 pm - Link - Report abuse 0I would not like to be in Puerto Madero at night without the Prefectura!!
I always thought Puerto Madero was a relatively nice area and good restuarants. So they are like our CG? My sone in law is an officer in the CG stationed in Boston for now.
Oct 03rd, 2012 - 08:26 pm - Link - Report abuse 0Maybe they are starting to smell coupe in the air......they tried cutting their wageas 60%. What was that you were saying about the Libertad? I've been on her...impressive barg.....Africa seized her?
La Libertat was held in port in Ghana by their courts for the USA holdout bondholders. I think Argentine paid a bond to get it released. It shows that anything and everything is up for seizure anywhere in the world except embassy property. I think they are getting close to seizing a bunch of building in DC that Arg owns for Military/Navy but is not consider an embassy. That would be embarrassing/hilarious having the sheriff toss their junk on the sidewalk.
Oct 03rd, 2012 - 08:46 pm - Link - Report abuse 0Yes they're like our CG but they patrol all of Puerto Madero, they are considered to be less corrupt than the police and people feel safer in PM. Maybe not so much when they are on strike tho.
LOL @ Argentina forever. It's the comedy that keeps on giving, year after year.
Oct 03rd, 2012 - 09:48 pm - Link - Report abuse 0I often have a thousand dollars or more on my person. Unfathomable amount of money to Argies, but quite normal nowadays in developed nations.
41 DB
Oct 04th, 2012 - 12:07 am - Link - Report abuse 0Point well taken. In both cases they were “inside” jobs, could have been avoided by not announcing my visits in advance. The one time I lost about 2000$ and the guys got away, the second time ended quite differently, enough said about that. But you are right, I could have avoided, incidentally they were both in rural towns in BA province. I would say BA is more dangerous than Toronto, but you can still get robbed or murdered in Toronto, I'm sure Troll will be happy to point out that we had a mass shooting here last year! The only other place I was robbed in was Johannesburg. I spend a lot of time in Argentina so I guess it just increases the odds.
@yankeeboy
Oct 04th, 2012 - 08:30 am - Link - Report abuse 0Your friends are telling you to not come because they may b are fed up of your crap. Ja ja
Please don’t come, please don’t come...
@Zhivago
Dr. Zhivago I have never got robbed in BA.
As in any big metropolis you always have to be cautious. I wouldn’t be having shopping with a “rolex” for the streets of London as I would not do that in Toronto, in BA, Milan, etc. That is an invitation like a sign saying “rob me please”.
Tourist anywhere have more probabilities to become a victim of crime than a resident, so If I go to Toronto I will have to be more careful than you because you can recognise faster an easy any possible dangerous situation than me.
Announcing everybody that you are arriving to some destination is another invitation to organise a quick robbery job for some employee of your building, or a friend that told to another friend that know someone, that comment of your arriving, etc. Let’s say half Mendoza is aware of you arriving including criminals.
Being in a public place with someone like Yankeeboy talking a bout how rich he is in Amexican is another stupidity. And believe me they use to do that everywhere, You can see a yank coming from 2 kilometres speaking in English louder waving an American Flag. Ha ha
Despite statistic I think London is more dangerous than BA because statistics are not made all with some methodology. For example Argentina reports all murders considered “Homicidios dolosos” in that category enters Car accidents, A wife killed by a jealous husband, etc.
http://www.dailymail.co.uk/news/article-111162/Now-mugging-worse-London-Harlem.html
http://www.dailymail.co.uk/news/article-111162/Now-mugging-worse-London-Harlem.html
Will you go with your rolex in London?
London is different, I fit in better, as in Argentina I speak the language but my accent gives me away in both places. You have obviously been to both places but we see them with different eyes. I feel safe in BA but I don't go out at night and I am very careful about the neighborhoods I frequent. Last year I went to Salta and I was warned not to go because of the danger and frequent attacks on tourists, two French women had recently been raped and murdered, I saw lots of poverty but no crime and I never felt as though I was in any danger.
Oct 04th, 2012 - 10:27 am - Link - Report abuse 0I always try not to look like a tourist, once I was sitting in a cafe in Olavarria and an older man asked if he could sit with me. He had lived in the States and he wanted to speak English. I asked him how he knew I was a foreigner that spoke English and he told me it was because of the way I smoked a cigarette!
I seldom wear my rolex anywhere!
@Zhivago/Simeon68/ChrisR/Chinese residing in Tierra del Fuego...
Oct 04th, 2012 - 03:57 pm - Link - Report abuse 0Come on...you Rubbish Bloody English ARSE....
Argentinians don't care about what CRAP you said....
YOU ARE NOTHING,
GO BACK WHERE YOU BELONG...
THE STINKY UNITED KINGDOM OF
THE RUBBISH BLOODY ENGLISH PEOPLE...
join in
Oct 04th, 2012 - 04:59 pm - Link - Report abuse 0http://www.facebook.com/TruthTellingTroll?ref=ts&fref=ts
Boy some country, have your military's equipment taken right out from under you. Next your building are are being repo'ed.....how embarrassing is that?
Oct 04th, 2012 - 07:25 pm - Link - Report abuse 0@ 58 MaxAue
Oct 04th, 2012 - 09:13 pm - Link - Report abuse 0SO, WHAT?
@ 59 Conqueror/Captain Poppy=same UK WIMP
How embarrasing is for the USA.....to owe ONE TRILLON DOLLARS TO CHINA?.....WHO CARES?.....
Last night “food stamps” USA President Obama accepted the fact that the USA BELONGS to CHINA....
You are correct.......who cares.....bahahahahahahahahha
Oct 05th, 2012 - 12:14 am - Link - Report abuse 0@61 Conqueror/Captain Poppy=same UK WIMP
Oct 05th, 2012 - 03:35 pm - Link - Report abuse 0so..why you keep talking about Argentina?...
you are from the UK team...mind your own country, your dirty “royals” and the rubbish bloody english people!
2012 : Do your employers know you are using their computer whilst you are supposed to be making the beds , doing the washing and taking their WASP kids to school . Naughty child .
Oct 06th, 2012 - 09:49 am - Link - Report abuse 0Oh , and fetch some more pop corn
I've stated why I blog here but you just do not believe.....so who cares sussie.
Oct 06th, 2012 - 03:44 pm - Link - Report abuse 0@63 Mrs Isolde “vagina neck”
Oct 06th, 2012 - 09:44 pm - Link - Report abuse 0I repeat I don't work, I don't need to work and I will never work.
I@ 64 Conqueror/Captain Poppy= same UK WIMP!
Big UK WIMP ARSE!
sussie, your insults are so unnerving, calling me a Brit I may have to re-think posting here anymore...
Oct 07th, 2012 - 12:08 am - Link - Report abuse 0..
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Okay, I thought it over......I see asslips kirchner is hiding from the public since her disastrous USA tour of sucking the oilman for money....produced no money. She never looked so stupid as when she took question, venomous and stupid, no wonder she never takes questions from the press.
Oh she isn't mentioning the Falklands? Thats a first. I thought that everything in Argentina was wonderful and that all that mattered was the Falklands.
Oct 07th, 2012 - 10:01 pm - Link - Report abuse 0Commenting for this story is now closed.
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