Revisited – One Month on.
By Peter Koenig
January 22, 2016 "Information
Argentina – a
new dictator is born. Actually no, he has just been
elected. – Or, was he? – It appears like the newly
elected Mauricio Macri is the most fascist and
dictatorial President since the Videla military era.
Unlike Videla, Macri hasn’t murdered people (yet);
not by traditional weapons, but may do so by
economic strangulation – the weapon of choice of
At a young
age, Macri, now a multi-billionaire has had dealings
with Donald Trump, the Republican frontrunner for
the US Presidency. That, of course, doesn’t make him
a ‘bad guy’. But it does characterize him as someone
who would rather turn favours to the rich than to
the needy. That should rather be telling for the
Argentinians, who elected him – or did they?
one, Mauricio Macri has started repressive
socio-economic measures – when he let the peso float
on the day of his inauguration on 10 December 2015.
It devalued by about 50%, then recovered somewhat.
The bottom line is, though, the people at large will
suffer purchasing power losses, so that dollar
investments may flood the country – as he says and
hopes – to privatize once more Argentina’s economy
to foreign investors. It’s all so reminiscent of the
Menem years. – And the Argentinians elected him –
did they really?
12,000 state employees in Buenos Aires were
dismissed, starting the New Year with unemployment –
no individual warnings; the contracts of another
62,000 government employees country-wide are being
examined – and most likely terminated. Many of them
may have voted for him — really?
people took to the streets throughout the plazas of
the major cities in Argentina during the past
weekend, demanding social justice, like freedom of
expression and the right of work – and for most the
respect for human rights – and defending democracy
over the dictatorial rule of a right wing demagogue.
What justice? – Macri by decree decided that Supreme
Court judges he appointed did not need the Senate’s
approval, as the country’s Constitution prescribes.
Within the first 72 hours of Macri’s ascent to
power, he issued 29 Presidential Decrees, so as to
impose his program without parliamentary approval.
And that’s the way he will rule, at least the first
100 days; a neo-fascist dictator par excellence.
latest upsetting controversy is – attempting to
remove the Presidential painting of President
Kirchner from the walls of the Casa Rosada,
the Presidential Mansion.
And why are
Argentinians so upset and even outraged? – After all
Macri told them in advance what he would do when
becoming President, things so outrageous, nobody
probably believed him. Not unlike most Presidents
who forget their campaign promises once elected –
Macri actually carries them through – and he has
just started. There is a long list of measures he
intends to take – all of them against the well-being
of the majority of the people, but in favour of Big
Business, in favour of his northern allies in
Washington, those who helped him to power.
measures Macri ‘promised’ he would carry out
Negotiate with the Vulture Funds, as well as
renegotiate Argentina’s debt with the IMF. This
is reopening a bloody scar, as the Kirchner
Governments had successfully negotiated and
agreed with 97% of the creditors to debt
payments on average of about 25 cents to the
dollar. Payments are being made on schedule.
Among the 3%
who didn’t agree were the Vulture Funds, managed by
the vulture fund billionaire Paul Singer. Singer
wants it all. Having bought Argentina’s debt on the
cheap – very cheap – he followed Argentina’s last
fifteen years of recovery and accumulation of
reserves and ‘bought’ a New York judge to intervene
in Argentina’s sovereign affairs, ordering the South
American country to pay Mr. vulture Singer in full.
aberration was overruled by last year’s UN General
Assembly adopting overwhelmingly a new global
framework for sovereign debt restructuring, in
favour of nations’ rights to seek protection from
minority creditors, such as the US Singer hedge
funds, which refuse to go along with the majority in
mutually agreed debt restructurings. Despite this
ruling, Macri intends to renegotiate and possibly
give away some of the people’s hard-earned reserves
to greedy US Zionist-run vulture funds. – Bravo! –
And Argentinians elected him – hard to believe; did
Substantially increasing gas and electricity
tariffs – already started.
the Memorandum of Agreement with Iran regarding
the investigation and the Truth Commission in
the case of AMIA; the car bomb attack on the
Asosiacion Mutual Iraelita Argentina which
caused the death of 85 people in July 1994.
Judge Niesman, in charge of the investigation
appeared dead in his apartment a few hours
before he was to disclose his findings in an
Argentine Court. According to Wikileaks the
investigation was directed by Washington.
Closing down Public TV Stations 6, 7 and 8 which
had the tendency to be critical of Government
Removing the Attorney General, whose function
according to the Constitution is sustained as
long as it is carried out according to the norms
of the law – which according to all records it
is. Macri wants to replace her by one of his
Restructuring the Central Bank – replacing the
current President, whom Macri reproaches of
being a Kirchnerite – and replacing him
with one of his buddies; and this despite the
fact that the Charter of the Central Bank allows
removal of its President only for serious
professional or ethical infractions – none of
which is the case with the current President of
the Central Bank.
Increasing taxes for the lowest income earners
‘in the name of justice’.
just a few of the measures he announced – and people
either didn’t listen, or didn’t believe him.
Argentinians voted for Mauricio Macri – or did they?
– With a slim margin of about 3% over his
center-left opponent, Daniel Scioli; a slim margin
but enough not to justify a recount. Why would the
majority of people vote for a candidate who told
them in so many words that he would undo what the
previous Kirchner Governments have done for them?
are the so-called progressive Argentinian economists
who argue about an ardent class struggle between the
entrepreneurs who have been short-changed during the
Kirchner years and the average working citizen. What
a baloney! – What class struggle – when 80% of the
people benefitted from the Kirchners’ social
programs and highly distributive GDP growth? – Would
they vote as masochists for the neoliberal,
neo-colonial multi-billionaire Mauricio Macri – who
said he would undo many of these social gains?
indeed be strange. Just open your eyes and the
crimes of Washington’s secret hand will be revealed;
the ‘invisible’ hand which once again – and again –
has carried out what Argentina journalist Estela
Calloni calls an ‘election coup’, not unlike the one
that took place almost simultaneously in Venezuela’s
forget the ones in Eastern Europe and Central Asia,
called ‘Color Revolutions’, of which the most
notorious one, the fascist coup in Ukraine, has
already left tens of thousands dead and denigrated
millions into homelessness and hapless refugees – or
in the Middle East and North Africa – the infamous
‘Arab Springs’ – not to forget, Iraq, Afghanistan,
Libya, Syria, Somalia, Yemen – all of them causing
millions of deaths and social victims of wars of
injustice, so-called ‘refugees’; many of the
conflicts turning into endless wars against
western-invented and western fabricated and spread
will tell what’s in store for Argentina and the rest
of what we proudly called the ‘free’ Latin America –
now gradually turning into what it was for most of
the 20th Century – Washington’s Backyard.
Peter Koenig is an
economist and geopolitical analyst. He is also a
former World Bank staff and worked extensively
around the world in the fields of environment and
water resources. He writes regularly for Global
Research, ICH, RT, Sputnik, PressTV, CounterPunch,
TeleSur, The Vineyard of The Saker Blog, and other
internet sites. He is the author of
Implosion – An Economic Thriller about War,
Environmental Destruction and Corporate Greed –
fiction based on facts and on 30 years of World Bank
experience around the globe. He is also a co-author
The World Order and Revolution! – Essays from the