MercoPress. South Atlantic News Agency
“Holdouts” reveal alleged money laundering operations of business people close to Cristina Fernandez
The American Task Force (AFTA) sponsored by 'holdouts' NML in litigation with Argentina over sovereign bonds payment, revealed on Wednesday foreign accounts of Argentine public works contractor, believed to be involved with the Kirchner family businesses, Lazaro Baez, and showed a map with the money movement, allegedly committing the crime of money laundering. Read full article
Comments
Disclaimer & comment rulesPopcorn anyone?
Oct 09th, 2014 - 09:07 am - Link - Report abuse 0This should be fun...
Hmm I wonder what Aces AFTA have tucked up their sleeve or is this just trying to call the Arg Governments bluff. Maybe they are trying to see who looses their bottle and runs, or will they cover each others backs.
Oct 09th, 2014 - 09:21 am - Link - Report abuse 0It will be interesting to see what happens.
“through which the funds are channeled before returning to Argentina.”
Oct 09th, 2014 - 09:25 am - Link - Report abuse 0....So...it's not money being squirreled away by Govt or Govt officials out of the country....
What is the point of this investigation..again...?...I don't see the relevance....
As they say in England, “it all comes out in the wash”
Oct 09th, 2014 - 09:35 am - Link - Report abuse 0Quite appropriate!
Pass the popcorn Frank.
Oct 09th, 2014 - 09:53 am - Link - Report abuse 0Why would the funds follow such a route if there was nothing fishy going on?
@3 - It is stolen cash at inception and therefore dirty. Once it has passed through a number of bank accounts and invested into real estate and the investment is then sold, the money has been laundered and hence becomes “clean”. Very simple idea.
Oct 09th, 2014 - 10:14 am - Link - Report abuse 0...and what exactly has this to do with the Vultures trying to seize foreign assets...?
Oct 09th, 2014 - 10:16 am - Link - Report abuse 0How long has it been now...and how many cents have they been able to seize and at what cost....
Well if we have to pay the holdout, this is the best way. Argentina is never going to recover the stolen funds on their own. (Too much corruption).
Oct 09th, 2014 - 10:22 am - Link - Report abuse 0I am sure I can hear the old hag screaming from Olivos right now.
So what does our La Campora paid troll have to say about this ?
With these latest revelations I think the FI''s need to take to the bomb shelters. An attack on the las Malvinas is iminent !
@7 as this is apparently money stolen from the state coffers and is therefore a state asset. As such it is elligible collateral/payment to meet the obligations of the Republic to the holdouts. Simples
Oct 09th, 2014 - 10:28 am - Link - Report abuse 0Wow Voice, you're a bit thick today.
Oct 09th, 2014 - 10:31 am - Link - Report abuse 0The only state that could prove money was stolen is Argentina....
Oct 09th, 2014 - 10:36 am - Link - Report abuse 0...or are you a bit thick per se....Skip...
Don't you just love it when the stupidly named “Vultures” come flying in with good news!
Oct 09th, 2014 - 10:37 am - Link - Report abuse 0TMBOA will be among the carrion any time soon.
9
Oct 09th, 2014 - 10:55 am - Link - Report abuse 0C.. accuses B of stealing money from A....how does C prove this without an admission of theft from A....
A says nothing...case dismissed
Oh and er...simples..
I would like to know why ONLY Voice and Think call Anglotino “Skip”?
Oct 09th, 2014 - 10:58 am - Link - Report abuse 0Funny they both do the same to me and some others,
I wonder how they coordinate? Hmmm
Anyhoo, I said long ago the game NML will play is to embarrass the regime and tighten the noose. NML is smarter than the corrupted hag and her filthy minions. They've only been doing this for what 2 months? I can't wait to see how this rolls out over the next 6 mos.
By that time the noose may be sufficiently tight CFK will be like a rabid dog on a short leash. Barking, Biting and snarling at everyone and everything.
It will be hilariously fun to watch.
Ooooooh fun !! Actually things have been pretty quiet on the Falklands front lately. CFK and Hector beginning to realise it is not the way to save their necks ? Let the office boy do it, he is dispensable (as his electorate concluded). Or perhaps there are just a lot of tracks to cover and increasingly less time to do it. Remind me #7 what are the wages of and Argentine President ?
Oct 09th, 2014 - 11:07 am - Link - Report abuse 0And it goes straight to cfk then to her foreign accounts...remember her unannounced trip to the Seychelles?
Oct 09th, 2014 - 11:25 am - Link - Report abuse 0It will be interesting to see the response from CFK.
Oct 09th, 2014 - 11:30 am - Link - Report abuse 0In a democracy, the taxman always gets pain first,
Oct 09th, 2014 - 11:56 am - Link - Report abuse 0in a dictatorship like Argentina, Cfk, it seems always gets paid first, now why are we not surprised..
14
Oct 09th, 2014 - 12:05 pm - Link - Report abuse 0Mr. Think likes to keep folk guessing and so does sometimes use some of my phrases...is my guess....
I thought the Vultures have been pursuing this debt for a decade not a couple of months...remind me how many Cents they have seized...
Might they be Sing(er)ing for another decade....
19. Yeah sure, knob
Oct 09th, 2014 - 12:11 pm - Link - Report abuse 0They've attached U$30MM and they've only started looking at the stolen loot for 2 mos.
Give them some time
Everyone is so anxious, nobody is going anywhere they have plenty of time for the forensic accountants to work though this web.
Who cares what they call me. I am a skip and honestly proud of it. I think it is endearing that foreigners go to the effort of discovering and using terms of endearment and identity.
Oct 09th, 2014 - 12:27 pm - Link - Report abuse 0But Voice's logic is off again.
“The only state that could prove money was stolen is Argentina....”
No one has to prove it is stolen.
“So...it's not money being squirreled away by Govt or Govt officials out of the country....”
It might be. Just because it returns to Argentina doesn't mean that it wasn't kept out of Argentina. You have made an unjustified conclusion there.
Money laundering isn't always stolen money. It can be ill-gotten money.
Money laundering is a process. Proving that doesn't take the approval nor cooperation of the Argentine government.
As to the result or reason for chasing this?
Well someone is laundering for a reason. Cutting off that ability will obviously have an impact and repurcussions somewhere.
The money isn't in a world tour for the hell of it.
21. I was just pointing out they ( and sometimes Marcos) are the only ones that do that sort of name calling, its not just you and it is too coordinated to be by happenstance. It would take reading every article, watching for the name being called, then doing so on a subsequent posts/articles. In the same tone.
Oct 09th, 2014 - 12:40 pm - Link - Report abuse 0I am here a lot, obviously, and there are lots of threads I don't see.
Just pointing it out
make your own conclusions
What an interesting paradigm for investigating serious crime: Is it worth the bother?
Oct 09th, 2014 - 12:41 pm - Link - Report abuse 0I guess that is the Argentine way.
Rgs only care that the Pols are stealing when they're not getting their cut ( subsidies , outright payments).
Oct 09th, 2014 - 12:43 pm - Link - Report abuse 0and that's just about to happen...
@22 This comes straight from the La Campora Pagotroll's playbook.
Oct 09th, 2014 - 12:44 pm - Link - Report abuse 0Think, Voice, TTT have yet to answer me if they are paid in anyway, shape or form to make posts on here.
@24 That is a very true observation. Most people don't care unless it affects them personally. We see it here all the time with the 'I'm alright, Jack' posts from Argentina. They just don't seem to have that sense of responsibility to the wider society.
Oct 09th, 2014 - 12:48 pm - Link - Report abuse 0Yankeeboy
Oct 09th, 2014 - 12:50 pm - Link - Report abuse 0They're all sheep they all follow each other around living off each other's victories, perceived or otherwise.
I don't think that Marcos has had an original thought on this site, ever. Voice's longing for acceptance has found solace in Think. And Think's ambiguity and, at times, outright bald-faced lies finds a natural companion in Voice. Losers always gravitate to each other in social crowds.
I don't think they are paid at all. We do know the government has paid trolls on the internet but they focus on home turf. What would be the point in having paid trolls here? None. But stamping out dissent in Argentina is far more important.
Oct 09th, 2014 - 01:00 pm - Link - Report abuse 0@28 I am sure this is not the only site they post on.
Oct 09th, 2014 - 01:05 pm - Link - Report abuse 0Think works hard for his choripans!
Posting here is probably part of an overall plan by the Campora clowns.
@28 - So this is more of a busman's holiday
Oct 09th, 2014 - 01:05 pm - Link - Report abuse 028. I don't think they are paid either. I think they are lonely, bitter and furious the way their lives have turned out.
Oct 09th, 2014 - 01:10 pm - Link - Report abuse 0I pegged Think long ago, he wonders how someone clearly so smart, clever and funny ended up poor and miserable living in the as* end of no where. Whether its the hills of Scotland or as he'd like us to believe the barren windy planes of Chubut. Same thing different continent. Same goes for Voice except he's angrier. Peas in a pod.
BTW anyone else notice the new 35% tax on the gmo pesticides? As if growing Soy wasn't already unprofitable.
Anyone keep track on how many industries the Ks have killed in the last decade?
Greedy pigs...tax tax tax and when they're all taxed out and regulated to death they steal it.
They're eyeing those silo bags like their lives depended on them
and they just may.
@30 No I don't think they work for the Argentine government at all. Their posts are too personal.
Oct 09th, 2014 - 02:02 pm - Link - Report abuse 0@32 Like Kristina the rotten haggis doesn't get personal when she comes under attack!
Oct 09th, 2014 - 02:27 pm - Link - Report abuse 0Expect them to start confiscating soy soon.
Funny thing about RICO assets. The indicted conspirators often forfeit them rather than prove the source and in doing so identify their unidicted co-conspirators and the related felonies used to obtain them. If Singer can't attach and seize the loot as the assets of rotting roadkill in a civil action then US can go after them.
Oct 09th, 2014 - 02:35 pm - Link - Report abuse 0@33 I don't mean the insults, they are water off a duck's back, it is that they relate everything to themselves as individuals. They don't bang the glorious group gong for Argentina. I would expect that from paid government trolls.
Oct 09th, 2014 - 02:35 pm - Link - Report abuse 0You have to know what is being said and what is alluded.
Oct 09th, 2014 - 03:08 pm - Link - Report abuse 0This is a *clear signposting* that the money is being conflated with and is part of the flows of drug money out of South America.
It is also *clearly signposted* that the American mafia are managing the money once it arrives in the USA.
If is true - and there is no reason to suppose it is not - Singer et al is saying to all that are willing to hear :
- 'This is CFK and Argentina moving way beyond acceptable behaviour; she and the country are as evil as the mafia, and her government is hand-in-glove with the big worldwide international crime syndicates.'
@36 Don't lump us in the same group as this corrupt government.
Oct 09th, 2014 - 03:11 pm - Link - Report abuse 0We live in a dictatorship here
The marvelous Merval is taking a puke and headed for an intraday freefall. Run for the hills. ha ha
Oct 09th, 2014 - 03:12 pm - Link - Report abuse 0Shit! They will be saying next that Juan and Evita did the same thing and that nothing has changed in the last sixty years.
Oct 09th, 2014 - 03:21 pm - Link - Report abuse 0Just how long do you have to have someone standing on your neck, before you do something about it???????
American Mafia? lol Vatican Bank. Swiss Banks. Cyprus. Dubai. That's where the action is. Get a clue.
Oct 09th, 2014 - 03:31 pm - Link - Report abuse 0It's been going on for decades and not just in South America. Africa and Asia, Eastern Europe, they are all at it!
Oct 09th, 2014 - 03:43 pm - Link - Report abuse 0That's why it pisses me off when I hear about us or anyone else giving them money, or donating money to a charity.
Sod em, just give us the numbers of their Swiss Bank Accounts and our governments can transfer it direct.
Much more efficient!
41. That's the way I see it. Personal piggy banks.
Oct 09th, 2014 - 04:14 pm - Link - Report abuse 0---------------------------------
OK. Changing gears. This is for all the expats that - incredibly enough - are still wading through the canine feces in Palermo and trying to get that new iPhone.
Lots of discussion about the blue recently and a lot of dummieheads that still don't get it. The blue is a mechanism to convert/export pesos to US dollars via the rotting roadkill stock market and a series of short term in and out transactions purchased with pesos and liquidated in dollars. Clear? The blue tries to move with the Merval. The Merval has been bouyed by world markets but is driven down by the action or threat of action by rotting roadkill. Cretina's realignment at the banco and the prospect of new regs for the borsa are reflected in the downward spikes. To exacerbate these pressures, rotting roadkill's productivity is now experiencing a marked downturn. So much so that the micro fundamentals are now beginning to overtake the market impulsion the would otherwise be present due to the incendiery pressure of inflation. So000000 - look for some see-sawing but overall downward trend until vacation time. Then maybe an 18-20 peso arbolito.
Let me see if I have this right...
Oct 09th, 2014 - 04:39 pm - Link - Report abuse 0The Ks (both) buy state land for pennies on the dollar and then build hotels on the land. Baez pays for hotel rooms that remain unoccupied. The money gets sent out of Arg to be laundered and some is returned to Baez, some kept by the Ks.
Now how did Baez get the money that he used to pay for the hotel rooms? Government awarded contracts, favorable deals, etc? Perhaps that portion of this money that the Ks kept is not property of the republic of Arg, but it sure will incriminate the Ks and Baez in corruption which may ultimately lead to attacks on title to the hotel corruptly acquired hotel etc properties which should revert back to the state.
43. What are you on about? Everything in rotting roadkill is a scam. Come on! Don't try to insult our intelligence. You're all in on it! lol. Some of you are just a little more audacious.
Oct 09th, 2014 - 04:57 pm - Link - Report abuse 0You want to live in Italy, never seen anything like it!
Oct 09th, 2014 - 05:04 pm - Link - Report abuse 0Lived in a flat supplied by their MOD, 200 Marlborough just to get the bastards replace an Electric light bulb.
First time I saw the NAAFI couldn't fucking believe it. Bullet holes on the wall outside, no stereos, TV ' s or VCR's inside. Bloody photographs on the wall from the catalogue.
Why, because they would not pay protection money to the local MAFIA, any stock was stolen whilst the police stood by and watched!!!!
The bloody Caribenaria were the worst of all!!!!!
Sure you are not describing Brazil and Argentina?
Oct 09th, 2014 - 05:08 pm - Link - Report abuse 0Unproven allegations...who makes these allegations...an alligator..??
Oct 09th, 2014 - 06:25 pm - Link - Report abuse 0All money travels..I'm sure given the time I could create a map too for every pound I invest. Probably goes through several banks and countries along the way....
Skip is right it isn't name calling or an insult...ask him if he thinks I'm Mr Think...I doubt it...Pops is another name I use..he doesn't complain either...
Fred the stupid Yank deserves all he gets, he is always quick to insult without provocation..see above...
How's the 30 year mortgage, you are just another indebted Yank playing the Big Shot......I've never had one and never needed one....I pay cash...;-)))
Great hypothesis btw...I have so far seen Klingon, Pops and Chronic use the term Rotten....I guess they all must be in cahoots.....Doh!!
25
He who write atrocious Spanish...You have never asked me that question...?
If you had....I would have answered....
...and my answer would be....Only fools and horses work.....
Vulture funds hoping to.....MAX OUT????
Oct 09th, 2014 - 06:53 pm - Link - Report abuse 0“Cristina a boxer on the ropes”
Oct 09th, 2014 - 07:16 pm - Link - Report abuse 0http://www.cronista.com/economiapolitica/Polemica-la-portada-de-The-Banker-muestra-a-Cristina-como-una-boxeadora-contra-las-cuerdas-20141009-0077.html
“90% of Argentines believe the economic situation has worsened”
http://www.cronista.com/economiapolitica/Polemica-la-portada-de-The-Banker-muestra-a-Cristina-como-una-boxeadora-contra-las-cuerdas-20141009-0077.html
Why has she just video conferenced Putin to announce a Russian T.V.Station in Argentina. Is that the best news she has?
Oct 09th, 2014 - 07:31 pm - Link - Report abuse 0Voice, You are obviously a paid troll to blindly support Kristina the hag stealing from all of us.
Oct 09th, 2014 - 07:37 pm - Link - Report abuse 0Actually YOU are part of the problem and as cupable as her.
Well, who would have suspected it?
Oct 09th, 2014 - 07:47 pm - Link - Report abuse 0The vultures are going to let Argentina know where the dirty money is!
Would they be willing to ask Griesa for a stay while all the money is located and perhaps the Republic can use it to pay them?
Let's not stop there and take a look at the nationalization of the private foreign debt during the dictatorship of the 1970s, and find out whether any dollars were misplaced during the Blindaje and Megacanje processes.
I am sure there will be more than enough to pay NML and company.
Oh my god can you believe it, they are switching from Clatprin, to RT!
Oct 09th, 2014 - 08:08 pm - Link - Report abuse 0Have you watched RT, if you haven' I thoroughly recommend it. It's probably the best laugh you will ever get.
Very little news about Russia, but the most coverage you will get on the US or the UK.
Love how they stack their productions with people that no one has ever fucking heard of but who always give, but always give an expert opinion.
The aircraft shot down over Ukraine was an attempt to assign ate Putin.
Just for laughs google them and see what left wing or pro Russiam minor group they represent. Then again, don't miss George Galloways ( Mr president you are a great hero/rape is not a crime) Sputnik show.
She needs to bite the bullet now as this is only going to escalate, and pay the holdouts,as they will find the money as the USA banks have to give the information or be in contempt of court.
Oct 09th, 2014 - 08:09 pm - Link - Report abuse 0Sorry for the bad spelling, that's what happens when you watch tv and type at the same time.
Oct 09th, 2014 - 08:15 pm - Link - Report abuse 0No it's not RT!
Lol Think/Voice two RG parrots stumbling around constantly trying to defend a bunch of crooks and making themselves look like total arses. Is this the best pair of trolls RGland has got? Toby the troll makes more sense.
Oct 09th, 2014 - 09:56 pm - Link - Report abuse 047. You are obviously too stupid to understand the time value of money and the American tax regime. You'd have to be completely retarded not to take 30 yr money under 3% where the gov't lets you write off 30%+ of the interest.
Oct 09th, 2014 - 10:50 pm - Link - Report abuse 0I know exactly what I am doing don't worry.
The Voice, no one is a bigger troll than someone that uses another's name.
Oct 09th, 2014 - 11:16 pm - Link - Report abuse 051
Oct 09th, 2014 - 11:25 pm - Link - Report abuse 0One post..just show me one post that I have even mentioned the Argentine President let alone supported her....(apart from this one)...and if not..get back on the Starboard Bow.....
..and ask Mr.Think for some Spanish lessons....
56
I know you know who I am....and where I am...what's wrong, don't like what I say.....
57
Obviously not as stupid as you....
Let me work that out...are you trying to tell me it's cheaper to borrow money and pay the interest than to buy something outright...Golly I wonder how the banks ever make anything...
What a dope....so what about the other 70% of the interest...oh yeah that's right...you pay it....
...and I pay...let me work it out...oh yeah nothing....some economist you are...
...let's face it...some of us have the means...and some of us borrow it...
Yeah you know what you are doing.......Borrowing for 30 years...;-)
Why not give me the figure of how much in interest you pay over 30 yrs....;-)
Prediction for outcome - phail.
Oct 10th, 2014 - 12:54 am - Link - Report abuse 0It may well hurt cfk but 0 cents will be reaped at end of play.
That money was privately paid by the state to Snr Baez for his beautiful stickman art work, currently stored in a BA vault, valued at 300 million dollars.
59 all Voice - no substance
Oct 10th, 2014 - 02:49 am - Link - Report abuse 0What a fool you are.
You know nothing about money or credit, and it blindingly obvious.
Nobody in their right mind pays out their capital.
Use that to obtain credit for property, investments, business - have others pay your creditors, while you reap profits and acquire equity.
Did I call you, “All Voice... ”?
I should have said, “All pretention, no substance”
59. Wow you are a retard. What about the other side of the equation the property going up in value during the 30 yrs and me not paying rent to someone else for that time?
Oct 10th, 2014 - 04:44 am - Link - Report abuse 0Poor thing no wonder you are so miserable.
@62 What do you expect from someone who works for La Campora.
Oct 10th, 2014 - 08:06 am - Link - Report abuse 0100 pesos and 3 choripans and he thinks he has hit the lottery.
Think. Just answer yes or no Are you paid to post here?
@ 49 Leiard
Oct 10th, 2014 - 08:40 am - Link - Report abuse 0The Banker Magazine is, in fact, a British publication - Cronista is mistaken!
@62 I guess we have to make allowances for the fact that he lives in a country where no investment is safe and anything you own is likely to devalue or be taken away. He cannot comprehend the idea that investing in property can increase ones capital.
Oct 10th, 2014 - 11:31 am - Link - Report abuse 065. I don't think he really understand how things work in general. His jealousy prevents it and his bitterness doesn't allow him to imagine others can be successful when he hasn't.
Oct 10th, 2014 - 11:51 am - Link - Report abuse 0Austral Elvis gave the IMF a long winded treatise basically telling the SUCCESSFUL CIVILIZED world has it all wrong and Argentina, Venezuela, Bolivia etc have it all right.
Gads, the arrogance of these idiots is flabbergasting.
They really don't know how foolish they look it would be sad if it wasn't so funny.
Also I hear he's having a little trouble getting meetings with US Treasury. Nobody seems to be showing up to his “lectures”.
Aww
Also this email was sent out to all financial big wigs at IDB, WB, IMF etc:
Dear Colleagues:
Moody's Investors Service is maintaining its negative outlook for the Argentine Banking System.
Argentina has been in an economic recession since first-quarter 2014, and the default on its sovereign debt in July has further dampened investor and consumer confidence.
Since 2011, the government has implemented a number of measures - such as foreign exchange controls and import restrictions, caps on lending rates and fees, mandated lending requirements to targeted economic sectors, and restrictions on lenders' dividend payments - that have exacerbated business conditions and weakened the banks' financial strength. The recent decline into an outright recession raises the risk of further government pressure on lenders to stimulate growth by making credit more easily available.
I have a theory about Kicillof. Look at his eyes. Think about the company he keeps. Think about the bullshit he talks. It all adds up.
Oct 10th, 2014 - 12:15 pm - Link - Report abuse 067. What I've found to be very funny is these nobodies from countries most people couldn't find on a map think they are going to clap their hands and get appts with top US (Imf IDB WB) officials. When their response is probably Who? Who's calling? What do they want? Tell them I'm busy.
Oct 10th, 2014 - 12:21 pm - Link - Report abuse 0They're too arrogant to realize their getting the bums rush most of the time.
I think they don't even realise or care. They only care that they can fool most of the people at home most of the time. They are not looking long term for the good of Argentina but trying to stay at the trough and pig-out for as long as possible.
Oct 10th, 2014 - 12:30 pm - Link - Report abuse 069. I think they absolutely care, their egos are huge and back home people jump when they call.
Oct 10th, 2014 - 12:38 pm - Link - Report abuse 0I think it really gets their goat when nobody show up for their long winded self absorbed lectures or when nobody will return their calls especially when they “don't know who they are”.
65
Oct 10th, 2014 - 12:42 pm - Link - Report abuse 0I didn't realise the UK was as bad as that....jeez...
66
No I don't understand borrowing for half a life time...how does that work...?
Is it something like..you borrow 500k and the interest per annum is 3%...so 15k..but maybe you pay back 25k per annum to pay the interest and reduce the capital amount...? So year two you owe 490 k plus 3% interest on that...
Is that how it works....?
If so that's a lot of debt....hope you enjoy that commitment...
Mine was a different way, while you were traipsing round the country peddling your wares as a rep, half your time travelling...I was working like fcuk all hours...buying cheap, adding value...selling dear...hence I have no debt...
Folk with plenty of money don't have mortgages....you shot yourself in the foot with that info slip....Big Shot...;-))
71. Er, you don't know fck all about the US tax code. Everyone i know keeps mortgages on their properties so they can write it off their taxes. And I know a lot of really wealthy people.
Oct 10th, 2014 - 12:49 pm - Link - Report abuse 0I never said I was a Big Shot, you did. I've always said I was middle class.
72 YB
Oct 10th, 2014 - 01:01 pm - Link - Report abuse 0It's Voice who's shot himself in the foot.
He's revealed that he knows nothing about money. No wonder he is so resentful.
Elaine is likely right about him.
No point wasting time wasting time with him on this point either.
He'll string out into just more talking about him.
Yawn, boring.
73. Poor people end up staying poor because they don't understand how to use other people's money successfully.
Oct 10th, 2014 - 01:04 pm - Link - Report abuse 0That's why even when they win the lottery they're back to being poor in a few years.
And miserable
just like him
30%...you said that still leaves 70%...why would someone pay that if they had the means not to...?
Oct 10th, 2014 - 01:04 pm - Link - Report abuse 0Yeah and everyone I know with money in the States buys properties to rent out then they get depreciation on it until it is worth zero on the books...
...then they sell it and buy another one.......the smart way...
75. You're friends are as stupid as you are and I am not surprised. That's the absolute worst way to buy income property.
Oct 10th, 2014 - 01:09 pm - Link - Report abuse 0The only reason someone would do that is if they don't qualify for a mortgage because they are a foreigner and can't verify their income.
Voice, clearly you don't know what you are talking about, its like arguing with a 5 year old.
Do some research and maybe then we can have an adult conversation.
Haha...I knew you were full of Sh!t...I knew you wouldn't know about the depreciation on properties to rent....because you are not in the investment game, you are just some schmuck that pretends he has..when he hasn't...
Oct 10th, 2014 - 01:17 pm - Link - Report abuse 0...easily caught out for what you are...zilch...;-)))
I think Kicillof taught Voice all he knows.
Oct 10th, 2014 - 01:19 pm - Link - Report abuse 078
Oct 10th, 2014 - 01:22 pm - Link - Report abuse 0I bet you didn't know either...
It's not the same in the UK on properties...only vehicles and equipment...
@79 You are sounding very like the TTT character today.
Oct 10th, 2014 - 01:30 pm - Link - Report abuse 0You think I don't know about depreciation? Pretty much that's covered in what 8 th grade economics here. Bahahahaha
Oct 10th, 2014 - 01:35 pm - Link - Report abuse 0OMG you're scary stupid.
You clearly don't know much about, er well anything we've really talked about over the years.
Like Think you're never right about anything.
...look at the delay on replying....he's just been Googling....;-)))..PMSL...
Oct 10th, 2014 - 01:37 pm - Link - Report abuse 0I'll start to dislike these vultures a little less for this, I got to admit.
Oct 10th, 2014 - 02:34 pm - Link - Report abuse 0Voice, You and the Think persona are never right about anything.
Oct 10th, 2014 - 04:44 pm - Link - Report abuse 0Go to any US based financial planning web site and figure out if its better to pay cash or get a 30 year mortgage under 3% whether its used as an investment or as a personal residence. Use the top tax bracket and you'll see that no matter what price the property is it is always better to have a mortage on it.
The reason you don't understand this is because you are not eligible to get a mortgage since you're foreign, don't have income or you have bad credit. My guess is its a combination of all 3.
I am very secure in the knowledge that I am correct. So if you can prove me wrong I dare you.
I am still waiting on the posts you were going to show the world something that I'd be embarrassed about.
That's been a week or two or three or more
59) Voice
Oct 10th, 2014 - 05:10 pm - Link - Report abuse 0Any Thinking Person knows that it's better to buy Cash than on Credit...
With Credit..., you pay triple for your stuff and you pawn your freedom to the Banksters...
That's when things goes good...
When things go bad...
Well... That's when the Banksters make real big money from them Turnips...
Think and Voice are definitely reflecting the society they have to survive in. They cannot understand how you can make money by borrowing and investing in property in a country with a stable economy.
Oct 10th, 2014 - 05:24 pm - Link - Report abuse 0It really is not always best policy to pay with cash for something like a house. If your money is invested elsewhere it could be making a lot more money than if it were sitting in property. There are many other factors, not least the ability to offset tax.
No one is suggesting buying a bottle of scotch with a Wonga loan. That would be foolish indeed.
Voice, there are plenty of financial sites it should be easy to prove me wrong.
Oct 10th, 2014 - 05:53 pm - Link - Report abuse 0Go ahead.
Betcha can't tho.
Woooooow.........
Oct 10th, 2014 - 05:59 pm - Link - Report abuse 0A Yankee realtor and a English bint working for them Banksters tell me, in unison, that Credit is good...
Should I reassess my knowledge?
Chuckle chuckle.....
I don't work for the banks. I don't have any loans but that doesn't mean I won't borrow again in the future if it is financially advantageous. Stop begin a twonk.
Oct 10th, 2014 - 06:08 pm - Link - Report abuse 0(89)
Oct 10th, 2014 - 06:29 pm - Link - Report abuse 0Banksters ain't Banks, bint.....
http://en.m.wiktionary.org/wiki/bankster
OK, I don't work for the 'banksters' because that is the important point here.
Oct 10th, 2014 - 06:41 pm - Link - Report abuse 085 Think
Oct 10th, 2014 - 06:43 pm - Link - Report abuse 0They are a right laugh Mr.Think...
The question they should have been thinking is why does a foreigner know the difference between US and UK concerning investment property...;-)
One of us has acquired seven properties over the years without ever having a mortgage and the other has a 30 year mortgage....living the American dream...
I must have done something right....
Funnily enough I was offered a Yankee mortgage for the Yankee property....I said why...I'm paying cash....
Amazing how society can convince you that credit is good....;-)
88 Think
Oct 10th, 2014 - 06:55 pm - Link - Report abuse 0“A Yankee realtor and a English bint working for them Banksters”
Wow!!! and Think-me-not is not a woman hater???
You are a right one arn't you Think?
I am continually amazed that you actually support KFC, President of argentina is no office for a mere “bint” huh, think?
The word “Bint” entered the local language as it was Arabic for daughter.
Oct 10th, 2014 - 07:07 pm - Link - Report abuse 0Although the term can be used in a derogatory sense, in general it refers simply to (usually young) females.
http://en.m.wiktionary.org/wiki/bint#Etymology
94 Think
Oct 10th, 2014 - 07:46 pm - Link - Report abuse 0“The word “Bint” entered the local language as it was Arabic for daughter. ”
Yes, yes, yes.... I am sure. Except that you used the term in it's derogatory sense... You know that and I know that you know that.
Not only are you a woman hater, but you are also a bulls**ter as well, and a bad one at that.
TWIMC
Oct 10th, 2014 - 07:59 pm - Link - Report abuse 0I would never use any derogatory language against our sweet resident spinster with the many friends....
@96 Yes, the concept of friends must be peculiar to you. You don't know my marital status but you did tell us you have failed to keep a few wives.
Oct 10th, 2014 - 08:39 pm - Link - Report abuse 0Typical Rgs, loudmouth, low class cowards.
Oct 10th, 2014 - 08:43 pm - Link - Report abuse 0Makes my skin crawl
I am sure they're happy a $500 peso note is finally coming out.
It must be hard to buy stuff with wheelbarrow full of $100s.
Spinster at (97)
Oct 10th, 2014 - 09:38 pm - Link - Report abuse 0Never mind them missuses...
I kept me kids...
All of them...
Has anyone noticed Kickitoff seemingly changing the stance to ‘we will be paying the holdouts’ and TMBOA softening her tone as well?
Oct 10th, 2014 - 09:44 pm - Link - Report abuse 0It seems that NML has instructed to tell TDC that they have written evidence as to who, when and where the money came and went, so to speak. They have a number of the high ranking scum actually named and unless they are paid the names will be published and the evidence produced.
This is set out in Clarin and makes fascinating reading. Link on the sister article.
100. That would be delicious.
Oct 10th, 2014 - 10:01 pm - Link - Report abuse 0I can't wait.
Yes, I noticed Kicillof changed his tone somewhat today. That could have been because of the market tanking as well.
Oct 10th, 2014 - 10:27 pm - Link - Report abuse 0102. He probably doesn't like having doors slammed in his face. Don't worry it will all be soon forgotten when he gets back in front of a mirror or listens to a tape of himself talking.
Oct 10th, 2014 - 10:51 pm - Link - Report abuse 0The vultures spew their propaganda and the Old Wives are entranced. Wishful thinking. Kicilloff is not backtracking. He has been consistent all along. The greedy birds will have to wait to get their 33 per cent.
Oct 11th, 2014 - 05:21 am - Link - Report abuse 0@104
Oct 11th, 2014 - 09:50 am - Link - Report abuse 0Wrong number I think you will find that the holdouts will be getting 100% + interest
I hope Griesa puts the 2 branches of Banco Nacion in contempt and prohibits them from the U$.
Oct 11th, 2014 - 12:21 pm - Link - Report abuse 0That would be fun to watch.
Yeah keep looking. Consensus is growing that Griesa's awkward attempts to get the vultures the 100 per cent of their junk bonds' face value are an embarrassment for the U.S. because they put in risk any debt restructuring process around the world. Even the IMF is beginning to speak out on that. Don't you think the 124 countries who voted in support of the Argentina's position is just posturing. As I said, keep watching as Paul Singer's carefully manicured scenario begins to show all its rotten insides.
Oct 12th, 2014 - 07:25 pm - Link - Report abuse 0107. My gosh you are as wrong as Austral Elvis and the old hag.
Oct 12th, 2014 - 07:39 pm - Link - Report abuse 0As far as I know Austral Elvis couldn't get a meeting with anyone from US Treasury last week and everyone at State is telling them to shut up and pay your bills.
If anything happens it will be US State sanctioning Argentina right along with the courts.
Wait and see
moron
@ 108 yankeeboy
Oct 12th, 2014 - 09:55 pm - Link - Report abuse 0This from BsAs Herald:
‘Argentina is not precluded from international credit, it has decided not to take it’
YES, it’s Kickitoff, but it gets better. Read it for yourself at:
http://www.buenosairesherald.com/article/171986/%E2%80%98argentina-is-not-precluded-from-international-credit-it-has-decided-not-to-take-it%E2%80%99
You KNOW he’s telling the truth, don’t you?
Ha, ha, ha.
Historically, Argentina’s development was subjected to recurrent trade balance crisis,”-Austral Elvis
Oct 12th, 2014 - 10:02 pm - Link - Report abuse 0No Sh*t Sherlock.
All this has happened before, and all of it will happen again. BSG
#108-110
Oct 12th, 2014 - 11:23 pm - Link - Report abuse 0Wining about how bad the Argies are will not solve anything for you--it's just venting guys. Look at the reality. You are pestering against a country that is made up of all sorts of people.
For example, the Argentine opposition tried to make some electoral hay by proposing to obey Griesa and pay the vultures.
They now need some life support. There you have, some decent Argentines according to your criteria! Go cry with them!
111 Enrique,
Oct 13th, 2014 - 01:04 am - Link - Report abuse 0Did you say you live in Vancouver?
One would think you would know how North Americans feel about Rule of Law, and Contractual Law and International Debt.
You don't sound much like someone who lives here, someone who appreciates a properly functioning democracy, with checks and balances, a seperate Judiciary from Government, and low political and police corruption.
Enrique, You make it sound like you think that Singer's hunt is over.
Oct 13th, 2014 - 11:20 am - Link - Report abuse 0Its not
It's just begun.
Like any good hunter he's tracking his prey and when they're cornered and tired he will kill them.
You also sound mentally imbalanced.
I find it very hard to believe that you still have the Pernonist/Commie stink on you after living in a civilized country for so many years.
Its really too bad they missed you.
I hope you haven't infected anyone else.
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