Revolutions: Argentina Next?
Suspicion grows as Western criticism of Argentina's
nationalization and rebuffing of "rules of global finance"
sharpens in tandem with street protests.
By Tony Cartalucci
November 10, 2012 "Information
- Western media agencies have begun enthusiastically
covering demonstrations in Argentina's capital, Buenos Aires.
AP, and the BBC have all covered the protests in equally
vague terms, failing to identify the leaders and opposition
groups behind them,
while BBC in particular recycled "Arab Spring" rhetoric
claiming that, "opposition activists used social networks to
mobilise the march, which they said was one of the biggest
anti-government protests in a decade."
Western media claims the protesters are angry over, "rising
inflation, high levels of crime and high-profile corruption
cases," all the identical, vague grievances brought into the
by Wall Street-backed opposition groups in Venezuela.
Underneath these unsubstantiated claims, lies
the International Monetary Fund, and threats of sanctions
aimed at Argentina's turning away from the US Dollar and the
Wall Street-London dominated international financial order.
And like in Venezuela, a coordinated campaign against the
Argentinian government, led by President Cristina Fernandez de
Kirchne, has begun in op-eds across the Western media.
The Chicago Tribune in an op-ed titled, "A
wrong turn in Buenos Aires: Argentina's populist economic
policies court disaster," stated:
What a shame to see a country of such great economic promise
swerving off the road to prosperity again.
latest in a history of unforced errors began in 2007.
National elections ushered in populist President Cristina
Fernandez, who has led her nation to the brink of disaster
by refusing to play by the rules of global finance. She
restricted international trade, violated contracts and
pumped out phony data to disguise the soaring inflation her
policies brought about. All the while she scored cheap
political points by blasting the rich countries of the north
for their supposed economic imperialism.
Argentina took a grave step in May when it nationalized YPF,
its main energy company. The takeover, condemned around the
world, forced out Spain's Grupo Repsol, which owned a
majority stake in YPF. Repsol was providing the engineering
know-how and financial investment to develop Argentina's
massive energy reserves—including the huge Vaca Muerta
Negotiations to compensate Repsol for Argentina's asset-grab
will end badly for Argentina. The European Union is likely
to impose sanctions. Repsol wants $10 billion, and it has
sent the message to rival energy companies that it will not
permit others to profit from its confiscated assets.
Argentina will have a hard time finding partners to help it
develop what should be a lucrative resource.
The financial coup against Repsol won strong national
support. The approval ratings of Fernandez temporarily shot
up. Even opposition parties backed the move. Government
officials talked about how they had restored Argentina's
dignity by standing up to foreigners exploiting its natural
bounty. Meantime, Fernandez kept the once-hot economy going
by nationalizing private pension funds, redirecting the
money into housing loans, and expanding welfare programs by
Now Argentina has to pay the price.
likely to follow will be coordinated attacks including
sanctions, isolation, political attacks, currency attacks, and
of course US-engineered unrest in the streets, which can range
from protesters merely clogging traffic, to escalating violence
triggered by the now
notorious "mystery gunmen" used in US unconventional warfare
to destabilize, divide, and destroy nations.
like in Venezuela, if enough awareness can be raised in regards
to what the West is doing, and the disingenuous intentions and
interests driving opposition groups into the streets, these
efforts being used to coerce Argentina back into the Western
dominated "world order" articulated by US think-tank policy
like Robert Kagan as serving "the needs of the United States
and its allies, which constructed it," can ultimately be
This article was originally published at
Land Destroyer is an
alternative news blog based in Bangkok, Thailand covering
geopolitics. Please contact Tony Cartalucci with comments,
questions, or corrections at... cartalucci at gmail . com
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