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Montevideo, February 5th 2023 - 08:31 UTC
Tens of thousands of Argentines demonstrated on Tuesday in a partial strike that grounded airplanes and shut banks and other businesses to protest the economic policies of President Mauricio Macri. Read full article
While the economy crumbles, the Macri presidency quietly begins an operation to woo voters with their own money -- an operation that was successful in the 2017 legislative election.
Retirees and pension beneficiaries have now the possibility of getting 20,000 to 200,000 pesos in loans that can be easily obtained and are guaranteed by the retirement/pension payments. Once the loan is granted, the payback is achieve through discounts of up to 30 per cent of the monthly amounts that retirees receive.
Just a few days after being implemented, many have already used the loans. It remains to be seen whether the hand outs will work in the October election in the same way they did in 2017.
The loans have been nicknamed the choriplans, in relation to the 2015 election campaign during which the Cambiemos alliance claimed the choripans sandwiches distributed during popular Kirchnerist gatherings were used as a vote-buying strategy.
Some interesting details at the end of the story:
The partial strike... Not all unions joined the strike ... organized a day before May first, ... A sign of weakness rather than strength for the organizers, the teamsters union.
So, not the most strongly supported protest that there has been in Argentina...
The paradox of credit to retirees
Those who underwrote for more than 30 years a significant portion of their income, (and the employers supported additional social burdens) should receive an annuity calculated at least with 4% annual capitalization in constant currency. Today they receive - on average - less than 10% of that simple actuarial calculus.
A large number of retirees paid 15% of their salary during over 30 years (and the employers supported the social burdens of a similar amount). Those funds should have been capitalized at least at 4% per year, in constant currency something that did not happen, even close.
If so average annuity should be – average - about 10 times the average annuity being paid today. In fact, they receive less than 10% of that simple actuarial calculus.
The paradox is that the government offers them to take their own money (already contributed) and several times seized by successive governments, through loans with interest.
So, not the most strongly supported protest that there has been in Argentina.
So, should Mauricio Macri rejoice on the fact that the protest wasn't the strongly-supported ever?
Or, should he, as Argentine president, consider why the protest took place at all?
Naaaaah! In line with Zaphod's logic, he will dismiss the strike as weak, ignore it, and keep galloping towards the cliff.
In the meantime, give'm cake.
Mr. Enrique Massot...
Forget Zaphod Beeblebrox with his boooring Hitchikers Guide to the Argie Galaxy coments and rejoice for the prompt return of the Dragon Queen from Game of Thrones...:
No doubt, the Queen's coming back!
Lol, does that make Axel Kicillof Tyrion?
Jaime Lannister ...lad...
Ouch. Then who's Cersei?
Thanks a lot for that mental image :(
Is Macri Robert Baratheon or the crazy king who wanted to burn everyone? And the really important question: who's Hodor? (Actually, that makes me wonder how they dealt with his name in Spanish.)
My knowledge of G.o.T. ends at Emilia Isobel Euphemia and Nikolaj & Nukâka...
That's a shame. I won't give you a bunch of spoilers in case you want to watch it later. I do think Emilia Clarke looks better with dark hair, though.
Lol. Did you have blond hair, Sr Scandinavian?
Do you have pinkish pale skin, Mr. Englishman?
Don't be silly, I have bark.
Pale pinkish bark with some reddish Engirsh freckles..., I presume...
(As Henry Morton Stanley would have put it...)
Anyhow..., we auld continental gentlemen do prefer blondes...
Heh. On the internet no one knows if you're a blond.
But I thought you preferred gingers?
At full moon..., if green eyed...
But seriously, Think, it's not the same thing. No one is prejudiced against people with blond hair, and I don't regularly use offensive terms for them. Maybe it's all a big joke to you, but for all I know you really are racist, or any other -ist.
We are ALL some kind of -ist..., lad...
I have been dubbed once as an optim-ist(ic) nihil-ist............, which is obviously not true...
There's a big difference between people who have some unconscious prejudices, and those who want to throw you out of the country, or take away your rights, or think they should be free to treat you like dirt.
I Think..., somebody is grossly exaggerating the plight of them gingers...
Yeah, cos there's no chance someone with those sort of beliefs would ever be elected president.
Dunno if someone with those sort of beliefs would ever be elected president....
But somone with that sort of colour could certainly become Anglias King..., coldn't he...?
Plenty already have. And I'm not joking, I have no idea what you're getting at with future kings.
The father of that sweet baby boy...
You know..., Harry...
(Congrats..., by the way)
Oh, Meghan had the baby. That's nice.
There's something to be said for a head of state who's officially meant to keep quiet about their opinions. Let's hope none of the younger royals ever get a twitter account...
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