US appeals court ruled Argentina discriminated against bondholders who refused to take part in massive debt restructurings in 2005 and 2010 by deciding to pay them later than bondholders who agreed to participate. Read full article
It's said that those who try to dig themselves out of a hole, only dig themselves deeper........
Case in point.........Argentina!!!!!! Anyone want to buy a ship?
NML Capital Ltd. v. Republic of Argentina!!!
Billed as the fight of 2012. some say that NML Capital Ltd. is punching above it's weight on this one and Argentina will win it hands down on point scoring and appealing to the crowd but the smart money is so far on NML Capital Ltd.
YES Ladies and Gentlemen let the fight begin!!!
Good old fashion debt vs International prestige!!! book your tickets!!!
Think, That was your appeal, didn't you read the article?
Funny thing this, if I remember correctly, Nestor put in a clause in teh reissued bonds that if at anytime a old bondholder got better terms the new bondholders would be eligible to receive the same terms.
Hmm I smell another default.
There was a Judge in New York.
There were five Judges in London.
There was a Judge in Accra.
THERE ARE THREE BRAVE JUDGES IN NEW YORK
Great: strong determination and much wisdom was needed to master that disputed topic , keeping in sharp focus the basic principles of justice under the heavy political lobbying with a different bias, but they have been brave enough.
Part of the problem is the World Bank/ICSID, and the USA courts have never had a country not pay judgements!
There is no procedures on what to do so it is taking years to work out some sort of collection scheme or forcing payments from other means.
It is going to get worked out.
Time is on the side of the bondholders not Argentina
The bondholders can outwait CFK.
Argentina will pay eventually and the interest keeps going up everyday.
She is a fool not to have dealt with this years ago.
I'm sure there will be a lot of gloating over this as it will be conceivably catastrophic for Argentina. This is much more serious than an ancient frigate.
However it serves no purpose for Argentina to collapse into the abyss again. Creditors will not get paid, all of South America will be affected and ordinary Argentines will be pushed back into poverty for another generation.
It's still unclear how much Argentina is unwilling and how much it is unable to settle it's debts. There's talk of $45bn reserves but why is there a desperate dollar clamp if there are enough dollars to settle? I can only assume that as mentioned above it is because if Argentina settles the hold-outs it will be compelled to treat the others the same which would be a massive increase in the total debt. Otherwise what are the issues?
Argentina needs wise technocratic leadership and to abandon CFKs pantomime. However it is also unclear to me whether there are such people within national politics. I get the impression you have to be fluent in the pantomime to get anywhere in that political culture.
I'd be interested to know what GM make of this 24 hours after they announced their investment.
Well, well, living up to your tag names I have given you Think.
“The Government of Argentina disagrees.... We appeal, your Honour.”
On what substantive LEGAL grounds? You CANNOT appeal an appeal court unless it on the grounds they did not follow the law –NOT because AG disagrees. Who is interested in what jerk-offs like you and your so called ‘government’ think, Think? STICK TO THE LAW.
FFS it’s getting boring listening to the whining of the argies just because they do not know OR will not accept the law.
You are right Yankee.....I think with this world recession taking place, perhaps the powers that be will develop a means to insure debts are paid, whether reduced and restructured or whatever. I think what needs to happen is the equivalent of garnishment of wages. If a country can receive payments via trade, I think the BIS needs for be forced for accept a garnishment of the country that defaulted on their debt. Argentina may have a paper surplus, but settlements would be a different story. An interesting concept for the WTO to consider. I think the only countries that would fear that is ones likely to default. There is no bankruptcy for a country, the debt never goes away like a business bankruptcy.
And after all the crap that was written in the first 13 replies... the hold-outs will still not get paid.
Argentina keeps (correctly) disregarding foreign courts with no appointed power on Argentine soil, they don't get paid.
Argentine stops using the US and European banking system (the world is starting to do that anyway as who trust US banks and Europe/UK are collapsing anyway), they don't get paid.
The hold outs somehow succeed and force Argentina to pay them back and as a result to repay in full to all the other bondholders, the country can't pay them back. They don't get paid.
It's funny how you pathetic losers are baying how Argentina is so evil because it doesn't want to negotiate in good faith... and yet here you are the Muppets, all frothing like rabid foxes how Argentina is supposedly going to be ruined, the country plundered peacemeal,and the people made to suffer... how? By rooting on a policy of the hold outs of no-negotiation!... so you want the other side to negotiate but not yours.
And the effects on Argentina will be negligible as the country for practical purposes has that status when it comes to international bond markets. So any default will have minimal real damage since in de facto terms the economy already operates near or around that scenario. So the actual economic effects will be much much more reduced than 2001 when the whole economy was far more leveraged on debt.
So in the real world default or no default its the same thing. The hold-outs won't ever see a cent.
Oh, do tell. When, where and with whom did the the UK ever default or renegotiate a debt?
Why do I feel that I might be in for a history lesson, from the catastrophic world events of the early C20.
Sorry, I thought you were speaking on behalf of the vulture fonds. If you are talking on behalf of anyone else, Argentina has fulfilled her duties within the contract, more than 95% of her debt.
Who cares US court ,the law is the tool of oligarchy.
US has no mental of even one tenth Argentina has.
keep sleeping away,Argentina has taken step before.
@1 Tough. And, in case you hadn't noticed, it was the APPEAL court!
@14 Here's some thoughts for you. No argie asset can EVER leave argieland. Foreign businesses operating in argieland require their profits to be paid into foreign accounts. Failure to pay means the company exports all is equipment and leaves. Recovering all possible monies by ceasing to pay argie workers or argie taxes. All argie diplomatic missions closed and given 48 hours to leave. No argies permitted to enter other countries. Although other LatAm countries might permit the entry of the wandering poor. All argie vessels subject to arrest and seizure, including cargo, on sight. See how easy it would be? All it needs is for other countries to follow your examples.
@23 Look at us! We're wonderful! We can operate in the world without following any of the world's rules! Yeah. Right up to the point when the world says that you've taken the piss once too often. The world has been very gentle with argieland. Just take a look at what the world is doing to one of your friends. Iran. Let's watch what happens when the world decides to embargo argieland.
I don't get it, why doesn't Argentina think it is responsible to pay the money it owes? If I don't pay the lease payments on my cars I can fully expect a couple large men to come and pick them up in the middle of the night and I will still be responsible for the debt I signed a contract for. It all seems pretty cut and dried. I did have an account in an Argentine bank once but I got too fed up with the extra charges, the stupid hours and the two hour line-ups. Its much more convenient just to use credit and debit cards from real banks outside!
default part II with much different set of world events taking place. Such a proud group of people taking pride in defaulting on their obligations. No wonder they went from a world leader in the early 1900s to a frontier nation in less than 100 years. When will you get back to the stone age? Re-elected asslips cuntina kirchner.....she can do it.....and fast!
Such is the arrogance of Empire, not the mark of true greatness. It is also the mark of desperate people playing a bad hand and trying to force it to a winning hand.
A little oil and gas company out of Argentina found out that the door was wide open to them and they set about getting into a key position in the Caspian Basin. In spite of the best efforts of Bush and Cheney, this company just keeps on getting things done and getting bigger every day.
These are the published facts from that area, long before the US could get in the door.
v January 1992: Gas exploration rights for Yashlar block in eastern Turkmenistan awarded to Argentine firm; Bridas Production profits to be split 50-50 between Bridas and Turkmenistan government.
v February 1993: Bridas awarded Keimir Oil and Gas Block in western Turkmenistan. 75-25 split in profits, in favor of Bridas.
v 1995 Bridas Corporation meets Taliban for first time to commence negotiations.
v 1995 Unocal and US Government attempting to pressure Taliban to abandon contract negotiations with Bridas and pressure Turkmenistan regarding Bridas contracts.
v October 1995: President Niyazov (Turkmenistan) signs agreement in New York with Unocal/Delta (Saudi investors). Turkmenistan starts jerking Bridas around on its Oil Contracts with that government.
In 1989 Unocal was acquired by the government-owned Petroleos of Venezuela. That happened under the George H W Bush administration and was approved by CFIUS and him. It was not until 2007 that Venezuela sold Unocal to Chevron and distanced themselves from further US involvement.
I have maintained that Unocal might not be the right name as to who was being so opposed to Bridas Corporation. That is because Venezuela and Argentina get along just fine. http://rense.com/general82/wounds.htm
What I don't understand is how apparently ratiotinating people like you (probably only one of three in this entire website), love talking about the responsibility of countries and individuals to pay back their debts and be honorable, how the hammer must be dropped on a person that does not pay their car, cheats on loans... or countries that do the same.
.... but enunciate the equivalent of intergalactic vacuum about COMPANIES, BANK, and INVESTMENT FUNDS that cheat, like, and go bankrupt and do not pay everything back.
You people are a bunch of ideological crony capitalists. Individuals, and sovereign states, governments, and families have one set of rules; companies, bankers, and vulture funds have another. They can break the law, gamble all the money they promised to hold with fiduciary trust... and not only do they not have to return a cent, they either are let to falter without investors seeing anything back, or are bailed out by taxpayers. And no one goes to jail.
(may I remind you that for the 2008 crisis in Europe and the USA NOT ONE PERSON HAS GONE TO PRISON).
#29 long story short, you would have a clear picture and understand them better if the Brits illegal aliens at Islands Malvinas Argentina had a more well known name like BP or Coca Cola. But we all know how that name came to be don't we? Denial could not alter their mob mentality just like a bull running after a red flag, interesting comparison if you consider both marked their history and present with blood.
argentina.....like a drowning man will grab anything, in this case.....say anything. Does the sign at EZE say Welcome to Frontier World yet? I will soon see. alexis,m I will see Buenos Aires more often then you ever will, you will see it.....ZERO times.
pirate hunter.....I mean alexis vargas.....with 100% of argentines worldwide supporting asslips cuntina kirchner, will you be partaking in the worldwide ANTI KIRCHNER protest in November ALL AROUND THER WORLD AT EVEVY EMBASSY? Their will be protests against her in Canada also....you can join in to take her down with the so called 100% that love and support her. Does that include those that marched in the September protests also? Don't allow that vein in your forehead to pop!
#34, #35 I don't make dates with homos besides you all seem to know who I am why not come see me so you can both take an arse whooping, but bring two small bags to collect your individual set of teeth.
My opinion about the vulture tax for import at #32 still stands.
VIVA CFK!
#37 I though I was clear in comment # 36, you people are thick, I don't invite homos to my home I am homophobic ask #39 he is being stalking some Argentine guy for months and it doesn't surprise me to be asking for my address again! since parasitic homos don't ever give up, Why don't you too meet and take care of each others needs. I think he is begging for balls now in comment #39 go make him coffee and give him some. Lol
It seems that sending me home with my teeth in a bag is just a brown former south american indian hiding in Canada fantasy like the argentine vulture tax and the argentine defense. I assumed you would pussy out. I would fear me face to face if I were you also. No worries little girl. Seems face to face confrontation is not your cup of mate'. I am not far from Canada little girl, you can drive down here to Boston.
40 Pirat
You said we knew who you are and to come down and see you, sounds to me like an invitation. Then you are going to give me an Arse whooping and apparently knock out my teeth. Well, name the time and place and certainly bring all your friends to help you. As a younger man I was employed as a bouncer in a bar and one of my jobs was to eject the chugs who had gotten into the firewater, I'm still I could still take care of and Ricky Ricardo who has the stupidity to take me on. Bring it on Alex boy!!
He won't come down to see you. Besides being afraid, he's not able to travel to the US. No passport, I think. At least, not a Canadian one, and he would not be able to get back into Canada. He wouldn't want that - his only option left would be to move back to Argentina.
I don't think that he's ever travelled anywhere, in years. He has no idea about other cultures.
Maybe you want to instruct him - how about 'militarising' Southern Ontario.
Great explanation of why this ruling was shocking to Argentina and has huge Int'l implications,
http://seekingalpha.com/article/957151-argentina-s-stunning-pari-passu-loss
As far as Argentina is concerned, it might just have to pay the holdouts. No one knows how much money that might entail spending: the figures range from $1.3 billion at the low end (large, but manageable) to $12 billion at the high end. That would cause real economic damage. Again, Werning is good on this. And whether or not Argentina pays the holdouts, the risk of a credit event in the CDS market are seriously high right now: there's a hundred ways that things could go wrong and the CDS could get triggered. In fact, this being Argentina, it's entirely possible that the government could deliberately trigger the CDS, after various important people had loaded up on protection.
It's a hippie district/commune in Copenhagen.
Fits in quite well with “I invest in happiness” but not with You come to Christiania and show me how tough you are
Guzzle you and alexis are so tough you have to talk shit all the time. You are so tough you are both afraid to live in your former country. You both enjoy better educations in another country......probably collect their indigent welfare benefits as well. You can talk tough so long as your far and away. Guzz you bring great learning lessons to the lice you are raising. They will make wonderful nits when they grow older from all the wrong you teach them and will be either push cart people or fryOlator operators.
It is nice that Sweden give communist refugee status. You are very lucky your parents chose that country and didn't stay in Uruguay.
Have you ever been to South American Guzz?
I doubt it.
Note your comment has not one iota to do with my commentary. You are a crony capitalist, an apologist for financial crime (as long as the banks or corporations do it), like all the rest of the Muppets here.
Ok,ON TOPIC, will CFK choose to pay the holdouts or default on the next interest payment?
I think she will default. She really can't spare the U$ anyway....
I'm not interested in that. You think I care about the hold-outs? I don't care to defend criminals. And what default? Technically a default exists since 2001; de facto it would not have much of an effect at all in the economy since it already operates under such an environment.
You are all wet woolgathering if you believe some sort of default declaration (which itself is just unrestrainted fancy by many of you here), will trigger a 2001 situation. You are talking back then about an economy that was the world's largest bond market in the emerging world, and an economy that was fully integrated to the world financial system, and ran on credit.
Today, the debt load is 1/3 of what it was, the bond market a fraction, Argentina has succesfully extricated itself from the criminal world financial system, and levels of borrowing are far lower.
In the meantime, muppets will be muppets. As long as the crimes are carried out by corporations and bankers, it is all copacetic. Only individuals, families, and nations should be punished for breaking the law; corporations and banks should be bailed out when they criminalize, and then allow to commit crime again.
That's the motto of the Mercorpress crony capitalist coven.
Oh good grief! Do those words mean anything? Extricated herself from the world? Hmm since your only real exports are cars and soy whom do you think are buying them?
It is impossible for Argentina to disengage from the world and not end up like North Korea or Zimbabwe. My guess is your path is Zimbabwe because they don't have a military hierarchy like N Korea.
The economy has tumbled to #3 in SA quickly on its way to 4th. Getting thrown out of IMF IDB WD G20 should insure that next year.
When Argentina is envious of Bolivia's financial stability you know the end is near.
When you stop tossing hyperbole claims and INDEC statistics, I may engage with you on internal argentine matters.
Then again, youa are a foreigner, so I probably will not.
No one is buying our products because all of you are broke. And still the economy is not crashed. All your predictions were wrong so far.
I guess you Europeans and Americans don't understand we don't want to be part of your failed system of operations. Just respect that. In a way sometimes I think we should just pay all the supposed debts, and then lets see if you people would leave us alone.
Just curious, how does your brain's ethical center process your cortical ideological area's support of bankers and corporations stealing, breaking the law, asking for favors, hand-outs, and calling their clients muppets and the taxpayers suckers, and you still defend them as honorable people that should be held to a more lenient standard?
You said the government with fall by June because of rioting. Get out of here, you must think people have RAM memory only. hahaha.
I'll indulge you and lets say the gov falls in 2013, I'll even give you that the new gov starves the people to pay the hold-outs so that they can have some few more Seychelle's cocktail parties.
You think that will make people in Argentina more amenable to like you?
@25 Yes, we get it. It's all going over your head, you dwarf.
@28 Shame, alex. The idea is that you comment on the article. Still, that requires intelligence. And a shave, a haircut and a wash!
@29 Of course you don't understand. You're thick! In addition, you're, I suppose, South American. That's double thick. You reckon that international laws aren't applicable to you. Triple thick. You habitually cheat, lie and steal. Quadruple thick. Shall I go on? Belligerent, underhanded, invasive, cowardly, beaten? Quintuple thick? Would you like to know the next stage? It's DEAD! Get it?
@30 Come now, alex. You are speaking from one of the prides of the BRITISH Empire, an erstwhile BRITISH Dominion, a proud member of the BRITISH Commonwealth and, now, an equally proud member of the Commonwealth of Nations. How can you live with yourself? Even better, why don't you stop? Even better, show your mettle by swimming from Toronto to Rochester in New York State. It's only about 30 miles! Or are you a gutless faggot?
@33 And you sound ugly. But, in the morning, I'll be sober!
@36 GUTLESS, QUEER, HOMOSEXUAL FAGGOT AND PAEDOPHILE.
@40 Forgot to mention; COWARD. Like most argie scum.
@44 Christiania? Isn't the gender bender cock-sucking slag called Cristina? Wouldn't that be Cristinaia? And why would anyone go there? Apart from the pleasure of practising with an assault rifle? Grenades? RPGs? Tanks? Bombers? Artillery? Naval artillery? Surely the place to be is Denmark? Where we can test whether YOU can walk on water. Whilst trying to evade the assault rifles, the grenades and, just to make it interesting, the mines.
@52 Youngest what? Grooming, are you?
@54 And you are a faggot. 99% of latams are. When dealing with latams on the UK border, always had my knife ready. To remove offensive weapons.
@58 Oh ho. A cowardly, brain-dead, argie cocksucker. Doesn't have one. Should we call you cocklost? Although Unidentified Faggot Object would probably be appropriate.
#60 titti boi, the RGs do not want to be part of the system, why are they always wanting to trade with it, appeal rulings in it, complain to the WTO about it, crying to the UN and UNSC when they are slapped. Doesn't sound like they do not want to be part of it. Even your own latin brothers are no longer voicing support.
@67 unfortunately it's your myopia that is the problem.
@66 Cristiania, after talking with my friends in Copenhagen, has never been a needle park - cannabis has always been there but they have never condoned hard drugs, it was always the hard core dealers in Copenhagen that have pushed the hard drugs. (Personally I feel that even cannabis is bad)
#65 no only you radical la campora misfits that fatsimo the fat fuck kirchner oversee. Plan on overthrowing asslip cuntina kirchner?.....if you ever get to argentina?
Making stuff up about another is not a very impressive retort. None of you have ever come out against the corporations, not once, or the banks. You are crony capitalists who believe in redistribution from the lower classs to the upper classes by government fiat, and by having two legal systems, one for the poor one for the wealthy. Simple as that, and none of you have disputed what I aver.
@69
No, ask any argentine, they find you Euros and Americans contemptible people in your moral system.
titti boi, everytime I an in Buenos Aires I always hear how they love America.........but then the RGs I know are they working middle class....business managers, doctors and lawyers and everyday workers. try again, find your way back to your momma's nipple, it might help. I am sure you can reach it. Do you even know what goes on in argentina ?
Why ia it that only countries that defaulted, well, not all, think the system is criminal?
Suzzie you are so transparent...pretending to be in the USA....the craziest of all la campora puts out. Are you like a Tazmanian Devil? In the cartoon? I give up distinquishing me from Conqueror, you are too stupid to read the difference
Sussie , again you lower the calibre of La Campora posts on here
“hey, try to meet me in the USA if you are a real USA citizen.
Everyone else on here is having a proper intellectual exchange, right or wrong.
You, however, just make idle threats and taunts like a schoolyard bully, right?
Do you really want us to find you, you meant what you said, right?
Tell you what, if you really live in the USA, make it easy for us.
You still insist you live in Tempe, correct?
You can show us you do:
Go to a recognisable landmark in Tempe, Tempe City Hall, you can't miss it.
Take a picture of yourself (face obscured if you like) holding this week's East Valley Tribune.
Open a PhotoBucket account under a fake name (Sussie??) and post the picture.
Give us the link on Mercopress, then we'll know you are really in the USA.
If you choose not to do this, we can assume you having lying all this time. Not unexpected, I grant you.
Poor argentina...I am so mistreated....wah..wah..wah....the world hates me...wah...wah..wah.......the world picks on me...wah..wah..wah.......They will not allow me to make up my rules as I go...wah..wah..wah.......
The great vulture fund victory, well in a capitalist world I suppose we should expect the law sometimes to be an ass, as Dickens put it, as in this case. It sets a terrible precedent, but Cristina's dignity and resistance will set a brilliant counter precedent...
BK do you think someone should be allowed to open say....a restuarant, hire the people they want...be it 5 or 10 or 15, serve the food they want and keep the profits they earn...if any?
#82 People have said my attitude to Cristina makes me a teenager, now you say it makes me geriatric - get your story right!
I have never said that I thought you were a teenager.
Get my story straight? Unlike La Campora, there is no common troll script written for the independent posters to follow.
CFK is a populist leader with a personality cult of followers.
Their fanatical adoration of her, bolstered and guided by La Campora, are tools to support her.
I imagine you, personally, to be a geriatric porn surfer who has found a way to act on behalf of one of his fantasy women obsessions.
#84 well that is the basics of CAPITALISM that you so much hate.
or a dictionary definition:
An economic system in which the means of production and distribution are privately or corporately owned and development is proportionate to the accumulation and reinvestment of profits gained in a free market.
Comments
Disclaimer & comment rulesThe Government of Argentina disagrees.... We appeal, your Honor.
Oct 26th, 2012 - 08:48 pm - Link - Report abuse 0LOL!!!!!!! 30 x LOL!!!!
Oct 26th, 2012 - 08:51 pm - Link - Report abuse 0It's said that those who try to dig themselves out of a hole, only dig themselves deeper........
Case in point.........Argentina!!!!!! Anyone want to buy a ship?
NML Capital Ltd. v. Republic of Argentina!!!
Billed as the fight of 2012. some say that NML Capital Ltd. is punching above it's weight on this one and Argentina will win it hands down on point scoring and appealing to the crowd but the smart money is so far on NML Capital Ltd.
YES Ladies and Gentlemen let the fight begin!!!
Good old fashion debt vs International prestige!!! book your tickets!!!
Thought you already did, here's a clue, it is all in the mane of the court!
Oct 26th, 2012 - 08:53 pm - Link - Report abuse 0Appeal an Appellate court? Ask the Supreme court next year is they will review the case.....lol
Oct 26th, 2012 - 08:57 pm - Link - Report abuse 0Oh my oh my poor old asslips!!!
Oh my goodness. But all is not lost. Fortunately,the IMF runs a debt relief programme for Heavily Indebted Poor Countries.
Oct 26th, 2012 - 09:20 pm - Link - Report abuse 0http://www.imf.org/external/np/exr/facts/hipc.htm
I love how egalitarian we are.
Oct 26th, 2012 - 09:20 pm - Link - Report abuse 0Think, That was your appeal, didn't you read the article?
Oct 26th, 2012 - 09:23 pm - Link - Report abuse 0Funny thing this, if I remember correctly, Nestor put in a clause in teh reissued bonds that if at anytime a old bondholder got better terms the new bondholders would be eligible to receive the same terms.
Hmm I smell another default.
When the levee breaks....................................
Oct 26th, 2012 - 09:30 pm - Link - Report abuse 0There was a Judge in New York.
Oct 26th, 2012 - 09:32 pm - Link - Report abuse 0There were five Judges in London.
There was a Judge in Accra.
THERE ARE THREE BRAVE JUDGES IN NEW YORK
Great: strong determination and much wisdom was needed to master that disputed topic , keeping in sharp focus the basic principles of justice under the heavy political lobbying with a different bias, but they have been brave enough.
BRAVO! It is a milestone judgment!
Part of the problem is the World Bank/ICSID, and the USA courts have never had a country not pay judgements!
Oct 26th, 2012 - 09:55 pm - Link - Report abuse 0There is no procedures on what to do so it is taking years to work out some sort of collection scheme or forcing payments from other means.
It is going to get worked out.
Time is on the side of the bondholders not Argentina
The bondholders can outwait CFK.
Argentina will pay eventually and the interest keeps going up everyday.
She is a fool not to have dealt with this years ago.
But she proves to be more of a fool everyday.
I'm sure there will be a lot of gloating over this as it will be conceivably catastrophic for Argentina. This is much more serious than an ancient frigate.
Oct 26th, 2012 - 10:25 pm - Link - Report abuse 0However it serves no purpose for Argentina to collapse into the abyss again. Creditors will not get paid, all of South America will be affected and ordinary Argentines will be pushed back into poverty for another generation.
It's still unclear how much Argentina is unwilling and how much it is unable to settle it's debts. There's talk of $45bn reserves but why is there a desperate dollar clamp if there are enough dollars to settle? I can only assume that as mentioned above it is because if Argentina settles the hold-outs it will be compelled to treat the others the same which would be a massive increase in the total debt. Otherwise what are the issues?
Argentina needs wise technocratic leadership and to abandon CFKs pantomime. However it is also unclear to me whether there are such people within national politics. I get the impression you have to be fluent in the pantomime to get anywhere in that political culture.
I'd be interested to know what GM make of this 24 hours after they announced their investment.
@1 I don’t Think aka The Chief Jerk
Oct 27th, 2012 - 12:20 am - Link - Report abuse 0Well, well, living up to your tag names I have given you Think.
“The Government of Argentina disagrees.... We appeal, your Honour.”
On what substantive LEGAL grounds? You CANNOT appeal an appeal court unless it on the grounds they did not follow the law –NOT because AG disagrees. Who is interested in what jerk-offs like you and your so called ‘government’ think, Think? STICK TO THE LAW.
FFS it’s getting boring listening to the whining of the argies just because they do not know OR will not accept the law.
You are right Yankee.....I think with this world recession taking place, perhaps the powers that be will develop a means to insure debts are paid, whether reduced and restructured or whatever. I think what needs to happen is the equivalent of garnishment of wages. If a country can receive payments via trade, I think the BIS needs for be forced for accept a garnishment of the country that defaulted on their debt. Argentina may have a paper surplus, but settlements would be a different story. An interesting concept for the WTO to consider. I think the only countries that would fear that is ones likely to default. There is no bankruptcy for a country, the debt never goes away like a business bankruptcy.
Oct 27th, 2012 - 12:32 am - Link - Report abuse 0And after all the crap that was written in the first 13 replies... the hold-outs will still not get paid.
Oct 27th, 2012 - 04:38 am - Link - Report abuse 0Argentina keeps (correctly) disregarding foreign courts with no appointed power on Argentine soil, they don't get paid.
Argentine stops using the US and European banking system (the world is starting to do that anyway as who trust US banks and Europe/UK are collapsing anyway), they don't get paid.
The hold outs somehow succeed and force Argentina to pay them back and as a result to repay in full to all the other bondholders, the country can't pay them back. They don't get paid.
It's funny how you pathetic losers are baying how Argentina is so evil because it doesn't want to negotiate in good faith... and yet here you are the Muppets, all frothing like rabid foxes how Argentina is supposedly going to be ruined, the country plundered peacemeal,and the people made to suffer... how? By rooting on a policy of the hold outs of no-negotiation!... so you want the other side to negotiate but not yours.
Good, Christian people you are. hahahaha.
Default II
Oct 27th, 2012 - 04:41 am - Link - Report abuse 0@15
Oct 27th, 2012 - 04:48 am - Link - Report abuse 0And they still won't get paid!
And the effects on Argentina will be negligible as the country for practical purposes has that status when it comes to international bond markets. So any default will have minimal real damage since in de facto terms the economy already operates near or around that scenario. So the actual economic effects will be much much more reduced than 2001 when the whole economy was far more leveraged on debt.
So in the real world default or no default its the same thing. The hold-outs won't ever see a cent.
@16
Oct 27th, 2012 - 06:52 am - Link - Report abuse 0And they still won't get any investment!
Anyone care for YPF shares going for a bird!!!
Cheap, cheap, cheap, cheap that is.
Can't even give them away, best comedy show in town.
Christina Wonka and chocolate Factory.
17
Oct 27th, 2012 - 07:00 am - Link - Report abuse 0That's all fine, as Sinopec is about to buy the 57% Repsol holds...
I'll believe it when the signatures are on the paper. I was going to say contract, but a contract means ferk all to these people.
Oct 27th, 2012 - 07:06 am - Link - Report abuse 0You got that wrong, YOUR contracts means ferk all...
Oct 27th, 2012 - 07:42 am - Link - Report abuse 0Oh, do tell. When, where and with whom did the the UK ever default or renegotiate a debt?
Oct 27th, 2012 - 07:47 am - Link - Report abuse 0Why do I feel that I might be in for a history lesson, from the catastrophic world events of the early C20.
Sorry, I thought you were speaking on behalf of the vulture fonds. If you are talking on behalf of anyone else, Argentina has fulfilled her duties within the contract, more than 95% of her debt.
Oct 27th, 2012 - 07:55 am - Link - Report abuse 0Who cares US court ,the law is the tool of oligarchy.
Oct 27th, 2012 - 08:55 am - Link - Report abuse 0US has no mental of even one tenth Argentina has.
keep sleeping away,Argentina has taken step before.
@1 Tough. And, in case you hadn't noticed, it was the APPEAL court!
Oct 27th, 2012 - 09:14 am - Link - Report abuse 0@14 Here's some thoughts for you. No argie asset can EVER leave argieland. Foreign businesses operating in argieland require their profits to be paid into foreign accounts. Failure to pay means the company exports all is equipment and leaves. Recovering all possible monies by ceasing to pay argie workers or argie taxes. All argie diplomatic missions closed and given 48 hours to leave. No argies permitted to enter other countries. Although other LatAm countries might permit the entry of the wandering poor. All argie vessels subject to arrest and seizure, including cargo, on sight. See how easy it would be? All it needs is for other countries to follow your examples.
@23 Look at us! We're wonderful! We can operate in the world without following any of the world's rules! Yeah. Right up to the point when the world says that you've taken the piss once too often. The world has been very gentle with argieland. Just take a look at what the world is doing to one of your friends. Iran. Let's watch what happens when the world decides to embargo argieland.
& 24
Oct 27th, 2012 - 09:48 am - Link - Report abuse 0For all i understand you mean the recent wranglings of some British banks with US authorities.
I don't get it, why doesn't Argentina think it is responsible to pay the money it owes? If I don't pay the lease payments on my cars I can fully expect a couple large men to come and pick them up in the middle of the night and I will still be responsible for the debt I signed a contract for. It all seems pretty cut and dried. I did have an account in an Argentine bank once but I got too fed up with the extra charges, the stupid hours and the two hour line-ups. Its much more convenient just to use credit and debit cards from real banks outside!
Oct 27th, 2012 - 12:23 pm - Link - Report abuse 0default part II with much different set of world events taking place. Such a proud group of people taking pride in defaulting on their obligations. No wonder they went from a world leader in the early 1900s to a frontier nation in less than 100 years. When will you get back to the stone age? Re-elected asslips cuntina kirchner.....she can do it.....and fast!
Oct 27th, 2012 - 01:50 pm - Link - Report abuse 0Such is the arrogance of Empire, not the mark of true greatness. It is also the mark of desperate people playing a bad hand and trying to force it to a winning hand.
Oct 27th, 2012 - 03:22 pm - Link - Report abuse 0A little oil and gas company out of Argentina found out that the door was wide open to them and they set about getting into a key position in the Caspian Basin. In spite of the best efforts of Bush and Cheney, this company just keeps on getting things done and getting bigger every day.
These are the published facts from that area, long before the US could get in the door.
v January 1992: Gas exploration rights for Yashlar block in eastern Turkmenistan awarded to Argentine firm; Bridas Production profits to be split 50-50 between Bridas and Turkmenistan government.
v February 1993: Bridas awarded Keimir Oil and Gas Block in western Turkmenistan. 75-25 split in profits, in favor of Bridas.
v 1995 Bridas Corporation meets Taliban for first time to commence negotiations.
v 1995 Unocal and US Government attempting to pressure Taliban to abandon contract negotiations with Bridas and pressure Turkmenistan regarding Bridas contracts.
v October 1995: President Niyazov (Turkmenistan) signs agreement in New York with Unocal/Delta (Saudi investors). Turkmenistan starts jerking Bridas around on its Oil Contracts with that government.
In 1989 Unocal was acquired by the government-owned Petroleos of Venezuela. That happened under the George H W Bush administration and was approved by CFIUS and him. It was not until 2007 that Venezuela sold Unocal to Chevron and distanced themselves from further US involvement.
I have maintained that Unocal might not be the right name as to who was being so opposed to Bridas Corporation. That is because Venezuela and Argentina get along just fine.
http://rense.com/general82/wounds.htm
@26
Oct 27th, 2012 - 03:34 pm - Link - Report abuse 0What I don't understand is how apparently ratiotinating people like you (probably only one of three in this entire website), love talking about the responsibility of countries and individuals to pay back their debts and be honorable, how the hammer must be dropped on a person that does not pay their car, cheats on loans... or countries that do the same.
.... but enunciate the equivalent of intergalactic vacuum about COMPANIES, BANK, and INVESTMENT FUNDS that cheat, like, and go bankrupt and do not pay everything back.
You people are a bunch of ideological crony capitalists. Individuals, and sovereign states, governments, and families have one set of rules; companies, bankers, and vulture funds have another. They can break the law, gamble all the money they promised to hold with fiduciary trust... and not only do they not have to return a cent, they either are let to falter without investors seeing anything back, or are bailed out by taxpayers. And no one goes to jail.
(may I remind you that for the 2008 crisis in Europe and the USA NOT ONE PERSON HAS GONE TO PRISON).
You are quack people.
#29 long story short, you would have a clear picture and understand them better if the Brits illegal aliens at Islands Malvinas Argentina had a more well known name like BP or Coca Cola. But we all know how that name came to be don't we? Denial could not alter their mob mentality just like a bull running after a red flag, interesting comparison if you consider both marked their history and present with blood.
Oct 27th, 2012 - 04:18 pm - Link - Report abuse 0argentina.....like a drowning man will grab anything, in this case.....say anything. Does the sign at EZE say Welcome to Frontier World yet? I will soon see. alexis,m I will see Buenos Aires more often then you ever will, you will see it.....ZERO times.
Oct 27th, 2012 - 04:54 pm - Link - Report abuse 0Comment removed by the editor.
Oct 27th, 2012 - 05:35 pm - Link - Report abuse 0@24 conqueror/captain pup
Oct 27th, 2012 - 06:49 pm - Link - Report abuse 0you sound drunk!
pirate hunter.....I mean alexis vargas.....with 100% of argentines worldwide supporting asslips cuntina kirchner, will you be partaking in the worldwide ANTI KIRCHNER protest in November ALL AROUND THER WORLD AT EVEVY EMBASSY? Their will be protests against her in Canada also....you can join in to take her down with the so called 100% that love and support her. Does that include those that marched in the September protests also? Don't allow that vein in your forehead to pop!
Oct 27th, 2012 - 08:17 pm - Link - Report abuse 0Pirat
Oct 27th, 2012 - 09:50 pm - Link - Report abuse 0Make sure you show up at the one in Toronto, I'll bring you a coffee!
#34, #35 I don't make dates with homos besides you all seem to know who I am why not come see me so you can both take an arse whooping, but bring two small bags to collect your individual set of teeth.
Oct 27th, 2012 - 11:52 pm - Link - Report abuse 0My opinion about the vulture tax for import at #32 still stands.
VIVA CFK!
Sounds like an invitation, are you inviting me?
Oct 28th, 2012 - 12:37 am - Link - Report abuse 0@29 what is the Latin fascination with sending people to prison? The romance-poetry side is awesome, I think i'll just take that.
Oct 28th, 2012 - 12:55 am - Link - Report abuse 0give me your address and I can be there asap....if you have the balls
Oct 28th, 2012 - 01:04 am - Link - Report abuse 0#37 I though I was clear in comment # 36, you people are thick, I don't invite homos to my home I am homophobic ask #39 he is being stalking some Argentine guy for months and it doesn't surprise me to be asking for my address again! since parasitic homos don't ever give up, Why don't you too meet and take care of each others needs. I think he is begging for balls now in comment #39 go make him coffee and give him some. Lol
Oct 28th, 2012 - 03:09 am - Link - Report abuse 0It seems that sending me home with my teeth in a bag is just a brown former south american indian hiding in Canada fantasy like the argentine vulture tax and the argentine defense. I assumed you would pussy out. I would fear me face to face if I were you also. No worries little girl. Seems face to face confrontation is not your cup of mate'. I am not far from Canada little girl, you can drive down here to Boston.
Oct 28th, 2012 - 03:22 am - Link - Report abuse 040 Pirat
Oct 28th, 2012 - 05:13 am - Link - Report abuse 0You said we knew who you are and to come down and see you, sounds to me like an invitation. Then you are going to give me an Arse whooping and apparently knock out my teeth. Well, name the time and place and certainly bring all your friends to help you. As a younger man I was employed as a bouncer in a bar and one of my jobs was to eject the chugs who had gotten into the firewater, I'm still I could still take care of and Ricky Ricardo who has the stupidity to take me on. Bring it on Alex boy!!
@41 Poppy
Oct 28th, 2012 - 06:24 am - Link - Report abuse 0He won't come down to see you. Besides being afraid, he's not able to travel to the US. No passport, I think. At least, not a Canadian one, and he would not be able to get back into Canada. He wouldn't want that - his only option left would be to move back to Argentina.
I don't think that he's ever travelled anywhere, in years. He has no idea about other cultures.
Maybe you want to instruct him - how about 'militarising' Southern Ontario.
:-D
Poppy and Zhivago
Oct 28th, 2012 - 07:04 am - Link - Report abuse 0You come to Christiania and show me how tough you are. And don't worry, I can assure you the police wont come.
Old wankers..
Great explanation of why this ruling was shocking to Argentina and has huge Int'l implications,
Oct 28th, 2012 - 10:41 am - Link - Report abuse 0http://seekingalpha.com/article/957151-argentina-s-stunning-pari-passu-loss
As far as Argentina is concerned, it might just have to pay the holdouts. No one knows how much money that might entail spending: the figures range from $1.3 billion at the low end (large, but manageable) to $12 billion at the high end. That would cause real economic damage. Again, Werning is good on this. And whether or not Argentina pays the holdouts, the risk of a credit event in the CDS market are seriously high right now: there's a hundred ways that things could go wrong and the CDS could get triggered. In fact, this being Argentina, it's entirely possible that the government could deliberately trigger the CDS, after various important people had loaded up on protection.
45 Guzz
Oct 28th, 2012 - 10:42 am - Link - Report abuse 0Oslo in autumn?
It's a hippie district/commune in Copenhagen.
Oct 28th, 2012 - 11:51 am - Link - Report abuse 0Fits in quite well with “I invest in happiness” but not with You come to Christiania and show me how tough you are
47
Oct 28th, 2012 - 11:53 am - Link - Report abuse 0Tye abscence of police fits perfectly...
It is not really true is it Guzz that there are not any police in Christiania ?
Oct 28th, 2012 - 11:59 am - Link - Report abuse 0Well, they enter in flocks at times, razzias as they call it...
Oct 28th, 2012 - 12:04 pm - Link - Report abuse 0Guzzle you and alexis are so tough you have to talk shit all the time. You are so tough you are both afraid to live in your former country. You both enjoy better educations in another country......probably collect their indigent welfare benefits as well. You can talk tough so long as your far and away. Guzz you bring great learning lessons to the lice you are raising. They will make wonderful nits when they grow older from all the wrong you teach them and will be either push cart people or fryOlator operators.
Oct 28th, 2012 - 12:48 pm - Link - Report abuse 0My youngest already makes more sense than you, imagine that...
Oct 28th, 2012 - 01:12 pm - Link - Report abuse 0It is nice that Sweden give communist refugee status. You are very lucky your parents chose that country and didn't stay in Uruguay.
Oct 28th, 2012 - 01:49 pm - Link - Report abuse 0Have you ever been to South American Guzz?
I doubt it.
@38
Oct 28th, 2012 - 01:54 pm - Link - Report abuse 0Note your comment has not one iota to do with my commentary. You are a crony capitalist, an apologist for financial crime (as long as the banks or corporations do it), like all the rest of the Muppets here.
Toby, Do you know how many buildings have collapsed and killed people this year in Argentina?
Oct 28th, 2012 - 02:00 pm - Link - Report abuse 0Just curious...
Another muppet who can't stick to the topic.
Oct 28th, 2012 - 02:01 pm - Link - Report abuse 0Ok,ON TOPIC, will CFK choose to pay the holdouts or default on the next interest payment?
Oct 28th, 2012 - 02:04 pm - Link - Report abuse 0I think she will default. She really can't spare the U$ anyway....
I'm not interested in that. You think I care about the hold-outs? I don't care to defend criminals. And what default? Technically a default exists since 2001; de facto it would not have much of an effect at all in the economy since it already operates under such an environment.
Oct 28th, 2012 - 02:14 pm - Link - Report abuse 0You are all wet woolgathering if you believe some sort of default declaration (which itself is just unrestrainted fancy by many of you here), will trigger a 2001 situation. You are talking back then about an economy that was the world's largest bond market in the emerging world, and an economy that was fully integrated to the world financial system, and ran on credit.
Today, the debt load is 1/3 of what it was, the bond market a fraction, Argentina has succesfully extricated itself from the criminal world financial system, and levels of borrowing are far lower.
In the meantime, muppets will be muppets. As long as the crimes are carried out by corporations and bankers, it is all copacetic. Only individuals, families, and nations should be punished for breaking the law; corporations and banks should be bailed out when they criminalize, and then allow to commit crime again.
That's the motto of the Mercorpress crony capitalist coven.
Oh good grief! Do those words mean anything? Extricated herself from the world? Hmm since your only real exports are cars and soy whom do you think are buying them?
Oct 28th, 2012 - 02:22 pm - Link - Report abuse 0It is impossible for Argentina to disengage from the world and not end up like North Korea or Zimbabwe. My guess is your path is Zimbabwe because they don't have a military hierarchy like N Korea.
The economy has tumbled to #3 in SA quickly on its way to 4th. Getting thrown out of IMF IDB WD G20 should insure that next year.
When Argentina is envious of Bolivia's financial stability you know the end is near.
When you stop tossing hyperbole claims and INDEC statistics, I may engage with you on internal argentine matters.
Oct 28th, 2012 - 02:51 pm - Link - Report abuse 0Then again, youa are a foreigner, so I probably will not.
No one is buying our products because all of you are broke. And still the economy is not crashed. All your predictions were wrong so far.
I guess you Europeans and Americans don't understand we don't want to be part of your failed system of operations. Just respect that. In a way sometimes I think we should just pay all the supposed debts, and then lets see if you people would leave us alone.
Just curious, how does your brain's ethical center process your cortical ideological area's support of bankers and corporations stealing, breaking the law, asking for favors, hand-outs, and calling their clients muppets and the taxpayers suckers, and you still defend them as honorable people that should be held to a more lenient standard?
I am reconciled with our banks and corporations just fine, thanks for asking!
Oct 28th, 2012 - 02:56 pm - Link - Report abuse 0BTW all of my predictions have come to pass just about when I said they would. You can go back through my posts and figure that out for yourself.
I see December as a pivotal month for Argentina and 2013 the beginning of the end of the K terror.
You said the government with fall by June because of rioting. Get out of here, you must think people have RAM memory only. hahaha.
Oct 28th, 2012 - 03:00 pm - Link - Report abuse 0I'll indulge you and lets say the gov falls in 2013, I'll even give you that the new gov starves the people to pay the hold-outs so that they can have some few more Seychelle's cocktail parties.
You think that will make people in Argentina more amenable to like you?
@25 Yes, we get it. It's all going over your head, you dwarf.
Oct 28th, 2012 - 03:31 pm - Link - Report abuse 0@28 Shame, alex. The idea is that you comment on the article. Still, that requires intelligence. And a shave, a haircut and a wash!
@29 Of course you don't understand. You're thick! In addition, you're, I suppose, South American. That's double thick. You reckon that international laws aren't applicable to you. Triple thick. You habitually cheat, lie and steal. Quadruple thick. Shall I go on? Belligerent, underhanded, invasive, cowardly, beaten? Quintuple thick? Would you like to know the next stage? It's DEAD! Get it?
@30 Come now, alex. You are speaking from one of the prides of the BRITISH Empire, an erstwhile BRITISH Dominion, a proud member of the BRITISH Commonwealth and, now, an equally proud member of the Commonwealth of Nations. How can you live with yourself? Even better, why don't you stop? Even better, show your mettle by swimming from Toronto to Rochester in New York State. It's only about 30 miles! Or are you a gutless faggot?
@33 And you sound ugly. But, in the morning, I'll be sober!
@36 GUTLESS, QUEER, HOMOSEXUAL FAGGOT AND PAEDOPHILE.
@40 Forgot to mention; COWARD. Like most argie scum.
@44 Christiania? Isn't the gender bender cock-sucking slag called Cristina? Wouldn't that be Cristinaia? And why would anyone go there? Apart from the pleasure of practising with an assault rifle? Grenades? RPGs? Tanks? Bombers? Artillery? Naval artillery? Surely the place to be is Denmark? Where we can test whether YOU can walk on water. Whilst trying to evade the assault rifles, the grenades and, just to make it interesting, the mines.
@52 Youngest what? Grooming, are you?
@54 And you are a faggot. 99% of latams are. When dealing with latams on the UK border, always had my knife ready. To remove offensive weapons.
@58 Oh ho. A cowardly, brain-dead, argie cocksucker. Doesn't have one. Should we call you cocklost? Although Unidentified Faggot Object would probably be appropriate.
#60 titti boi, the RGs do not want to be part of the system, why are they always wanting to trade with it, appeal rulings in it, complain to the WTO about it, crying to the UN and UNSC when they are slapped. Doesn't sound like they do not want to be part of it. Even your own latin brothers are no longer voicing support.
Oct 28th, 2012 - 03:41 pm - Link - Report abuse 0@64
Oct 28th, 2012 - 04:49 pm - Link - Report abuse 0That's the government. The people want nothing to do with the European/American mentality, or moral values.
Christiania? I thought that was a needle-park.
Oct 28th, 2012 - 04:55 pm - Link - Report abuse 0Notice how in this thread and the other the foreigner muppets pretend they have diplopia, or some other vision impairment.
Oct 28th, 2012 - 05:32 pm - Link - Report abuse 0This is he ultimate evidence that they have a criminal mentality which agrees with corporate crime and malfeasance. Crony capitalists to the core.
@67 unfortunately it's your myopia that is the problem.
Oct 28th, 2012 - 06:03 pm - Link - Report abuse 0@66 Cristiania, after talking with my friends in Copenhagen, has never been a needle park - cannabis has always been there but they have never condoned hard drugs, it was always the hard core dealers in Copenhagen that have pushed the hard drugs. (Personally I feel that even cannabis is bad)
#65 no only you radical la campora misfits that fatsimo the fat fuck kirchner oversee. Plan on overthrowing asslip cuntina kirchner?.....if you ever get to argentina?
Oct 28th, 2012 - 06:17 pm - Link - Report abuse 0@68
Oct 28th, 2012 - 06:24 pm - Link - Report abuse 0Making stuff up about another is not a very impressive retort. None of you have ever come out against the corporations, not once, or the banks. You are crony capitalists who believe in redistribution from the lower classs to the upper classes by government fiat, and by having two legal systems, one for the poor one for the wealthy. Simple as that, and none of you have disputed what I aver.
@69
No, ask any argentine, they find you Euros and Americans contemptible people in your moral system.
@70
Oct 28th, 2012 - 06:29 pm - Link - Report abuse 0making stuff up - please explain what you mean.
titti boi, everytime I an in Buenos Aires I always hear how they love America.........but then the RGs I know are they working middle class....business managers, doctors and lawyers and everyday workers. try again, find your way back to your momma's nipple, it might help. I am sure you can reach it. Do you even know what goes on in argentina ?
Oct 28th, 2012 - 07:06 pm - Link - Report abuse 0Why ia it that only countries that defaulted, well, not all, think the system is criminal?
@72 Captain Pup aka Conqueror
Oct 28th, 2012 - 08:16 pm - Link - Report abuse 0Shut Up!
lol
Suzzie you are so transparent...pretending to be in the USA....the craziest of all la campora puts out. Are you like a Tazmanian Devil? In the cartoon? I give up distinquishing me from Conqueror, you are too stupid to read the difference
Oct 28th, 2012 - 09:13 pm - Link - Report abuse 0@73 Sussie USA
Oct 28th, 2012 - 09:20 pm - Link - Report abuse 0@72 Captain Pup aka Conqueror
Shut Up!
lol
Sussie , again you lower the calibre of La Campora posts on here
“hey, try to meet me in the USA if you are a real USA citizen.
Everyone else on here is having a proper intellectual exchange, right or wrong.
You, however, just make idle threats and taunts like a schoolyard bully, right?
Do you really want us to find you, you meant what you said, right?
Tell you what, if you really live in the USA, make it easy for us.
You still insist you live in Tempe, correct?
You can show us you do:
Go to a recognisable landmark in Tempe, Tempe City Hall, you can't miss it.
Take a picture of yourself (face obscured if you like) holding this week's East Valley Tribune.
Open a PhotoBucket account under a fake name (Sussie??) and post the picture.
Give us the link on Mercopress, then we'll know you are really in the USA.
If you choose not to do this, we can assume you having lying all this time. Not unexpected, I grant you.
Can't wait for the excuses...
How's your Papi??
Kudos Troy
Oct 28th, 2012 - 10:42 pm - Link - Report abuse 0For all I see the Mercopress changed article title letters,
Oct 29th, 2012 - 09:57 am - Link - Report abuse 0Let's hope It might change the website design and some commentators.
@74 & 75
Oct 29th, 2012 - 03:15 pm - Link - Report abuse 0Isolde, don't worry about her....I am the best!
I hear Judge Griesa has gone for a swim tonight.
Oct 30th, 2012 - 01:45 am - Link - Report abuse 0HAHAHAHAHAHAHAHAHAHAHAHA!!!
REPENT NORTHAMERICANS, REPENT.
Poor argentina...I am so mistreated....wah..wah..wah....the world hates me...wah...wah..wah.......the world picks on me...wah..wah..wah.......They will not allow me to make up my rules as I go...wah..wah..wah.......
Oct 30th, 2012 - 10:47 am - Link - Report abuse 0The great vulture fund victory, well in a capitalist world I suppose we should expect the law sometimes to be an ass, as Dickens put it, as in this case. It sets a terrible precedent, but Cristina's dignity and resistance will set a brilliant counter precedent...
Nov 04th, 2012 - 01:35 am - Link - Report abuse 0@81 Bitter Kirchnerist
Nov 04th, 2012 - 03:35 am - Link - Report abuse 0BK - nearly a week after the last post, you write this lame drivel...
Cristina's dignity and resistance will set a brilliant counter precedent...
Laughable except that her defiant thievery will ruin the Argentine economy and cause misery for its citizens.
You are so besotted with CFK - does she give you geriatrics blow jobs, or does she have Timerman do it for her ???
BK do you think someone should be allowed to open say....a restuarant, hire the people they want...be it 5 or 10 or 15, serve the food they want and keep the profits they earn...if any?
Nov 04th, 2012 - 01:30 pm - Link - Report abuse 0#82 People have said my attitude to Cristina makes me a teenager, now you say it makes me geriatric - get your story right!
Nov 04th, 2012 - 04:12 pm - Link - Report abuse 0#83 Yes
@84 Bitter Kirchnerist
Nov 04th, 2012 - 06:03 pm - Link - Report abuse 0#82 People have said my attitude to Cristina makes me a teenager, now you say it makes me geriatric - get your story right!
I have never said that I thought you were a teenager.
Get my story straight? Unlike La Campora, there is no common troll script written for the independent posters to follow.
CFK is a populist leader with a personality cult of followers.
Their fanatical adoration of her, bolstered and guided by La Campora, are tools to support her.
I imagine you, personally, to be a geriatric porn surfer who has found a way to act on behalf of one of his fantasy women obsessions.
#84 well that is the basics of CAPITALISM that you so much hate.
Nov 04th, 2012 - 06:08 pm - Link - Report abuse 0or a dictionary definition:
An economic system in which the means of production and distribution are privately or corporately owned and development is proportionate to the accumulation and reinvestment of profits gained in a free market.
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