Milei's victory is an international marker, of sorts, for America’s billionaires and largest corporations, who share his desire to end liberal democracy and the so-called “welfare state”...
People will give up basic rights to meet basic needs always. Make prices high enough and average workers feel they have no choice. People need food and shelter first. Maslow hierarchy. That can happen here too
All over the world, the global billionaires have managed to squeeze one society after another into a form of serfdom that causes desperation. In that desperation people vote for saviors like Trump and Milei. I just don't think it will get better because societies will be under increasing pressure because of climate disaster and the forced migration of people because of it.
What a great report Thom. I never heard much about this on our corporate owned news. It sounds right out of the Reagan playbook. Give the rich tax breaks, borrow money, let immigrants in, ship jobs overseas, and if that is not bad enough cause supply line shortages, like what we saw in Southern California during covid, all the ships sitting waiting to get unloaded. Coupled with the oil producers jacking up oil prices anytime they want to cause inflation and then have the Federal reserve raising interest rates like that will stop inflation. In other words, the oligarchs create the crisis (McConnel),and blame the left and get elected because the voters are just to detached from reality to figure out what's going on.
There is an article on raw story that can be accessed on Google. Called, "Donald Trump Jr.: China taking over World reserve currency could be 'good thing' to teach US a 'lesson'" . Still the people who have benefited from a civilized society are ungrateful. Groveling from the he rich and the religious for food will not work out well.
The purpose of government is to keep the masses civilized so the merchants can prosper! The immigrants coming into America are trying to escape capitalist dictatorships already. Maybe this is just part of the big die off plan in order to maintain just young strong healthy slaves, everyone else can perish. What can we expect from the party of liars, I mean life? We must all vote for Biden in order to head off this train wreck and hope we can throw them all in prison, which looks very doubtful.
Argentinians are already suffering from the climate crisis, especially with agriculture and the subsequent prices. Their glaciers are almost gone. Milei is willfully ignorant and a liar---sounds familiar.
The turnout of the election was 76%, despite their mandatory voting. Roughly a fourth sat this one out. Approximately 42% of the population elected this a-hole, and that too sounds familiar. Unfortunately, the other roughly 58% will also suffer the consequences.
A crazy, destructive, climate crisis denier and a host of greedy opportunist people and corporations to help him equals a recipe for further pain. Your driver said it couldn't get any worse; the gentleman you walked with understood the driver's feelings. And there is the real problem, basing votes on feelings instead of logic.
Another horrible man and another horrible experiment, and time for another song about tears and Argentina.
I don't wish to live in a country that this describes, and which we can expect to see if the republicans manage to steal control next election. I hope they'll make suicide drugs available for all who wish to 'opt out.' Who wants to live in a society of desperation, poverty, sickness, disease, and people forced to sell their body parts or prostitute their children? That is what you are describing, and I have no doubt it would become a reality. People in this country frustrate me with their continued ignorance and their refusal to heed to warnings.
Where are America's progressive Freedom Fighters? Thom is raising his voice pretty loud and clear. Thank you Thom. I would love to hear more fighting words from Biden, Harris, Pelosi, Abrams and all the rest of the Democrats. Democrats need to GET LOUD!!
What if Trump is abandoned by the billionaires?
It's a grotesque irony when the abused become the most vehement supporters of their tormentor's power.
The fascists and the libertarians have leveraged their policies into a massive global wrecking-ball which has demolished society after society and provides the ruin necessary as reason for radical right wing "remedies". Of course they point to the left for a society now in shambles, when in fact the only fault the left is burdened with is the one of not beating the piss out of these policies in the first place. It's like watching someone set fire to a house, and not being able or willing to stop them, you're somehow now the arsonist because the person who actually did do it claims to be a far greater victim of your calling them on it and therefore, in an embarrassing performance of incomprehensible ridicularity, they should be in charge of and profit from any and all efforts to reconstruct the razed building.
And in the world I know, this scenario fools enough of the people, most of the time. It's astounding.
The GOP are certainly experiencing their wettest of daydreams as they lecherously leer at the soon to be forced-disrobing of Argentinian society. Milei's victory is a snuff film for perverts of power the world over.
What doesn't help is most people in the U.S. seem to have no idea that Argentina, Chile, Uruguay and southern Brazil are basically European countries in their overall makeup, urbanization and culture. Walk around Buenos Aires and you could be in Rome or Barcelona. But if "North Americans" (I'm excluding Canadians here) just write off the problems and "solutions" there as though it involved stereotypical Latin Americans living in some sort of Mexican border town, they won't understand what is really happening in Argentina. Then of course they won't have a clue on how such things could reflect on their own way of life.
Probably the ultimate in ignorance here was expressed by Reagan after a trip to Latin America in 1982. When asked about it, his brilliant reply was, "I went down to find out from them and learn their views. You'd be surprised. They're all individual countries."
If we survive as a democracy in 2024, I’m starting to think that should require a more comprehensive exam covering civics, government, history and economics for a HS degree. I’m just not sure a democracy can survive without a well educated citizenry.
I’ll play. Or...Argentina realizes very early one not only can and will things get worse under an insane albeit “intelligent” leader, their suffering will be a harbinger for the rest of the world. Here’s another “Mr. Only I Can Fix it” and people are going to die.
It’s not going to go well for the people of Argentina and unfortunately, just like the U.S. in 2016, they’ll have years to contemplate their freedom was not worth losing over a conman and the billionaire backers who manipulated Argentinians into believing they ever needed the “Steve Bannon of the Southern Hemisphere”.
We’ve been aware of our corrupt press and the lies they manufacture on an hourly basis. Trying to flog us into believing TFFG is winning...anything. So far in the real world he’s in deep trouble and it’s not going away.
And just to throw this out there...I don’t fir one second believe it was a free and fair election.
Thom, thanks for this astute and terrifying rundown. It occurs to me that Millei's election seems of a piece with all the other international electoral developments funded by Mercer money and informed by Bannon's strategic thinking. Is there any reason to believe that Millei's election may have been bankrolled by that team?
It’s going to be a disaster, and his voters will wind up bitterly regretting it.
Thom, think Mussolini. Corporations, companies, etc. basic to him. He convinced Hitler. People are nothing compared to Corps. & Co. We are doing the same. Capitalism is doing the same. Huge wage gap and we struggle. Try FREEDOM! Do you have the FREEDOM to be homosexual? I could send you a nice clip from West Wing if you want it. Too much to say. Paul
A Plantation Economy complete w/ Proles and Wage-Slaves : Argentina, then, has become a newborn 12th state of what was the,1860, Southern Confederacy . . . Racially exclusive, not unlike a brain in a dropped beaker which has been shattered on the floor of the political laboratory.
A brain trust which is now full of imbedded glass shards, and has become indirectly homicidal to the poor and likely genocidal to the racial/religious other. Think '78-'83: 30,000.
A chainsaw wielding clown. this fringy Bozo is a somewhat entertaining, altogether scary Frankenstein monster in ill-fitting sheep's clothing.
Hey, if one is broke, Jewish, or non-White, what could possibly go wrong ?!! s/
Argentians are going to wake up with a nasty hangover, and they deserve it. The next group of immigrants showing up on our border.. Argentinians?
The IMF is a front for financial instiutions. The IMF's purpose is like a board of governors. They exist to provide the maximum possible rate of return on investments.
They have destroyed the social safety net of what they call P.I.G S countries Portugal, Ireland, Greece and Spain.
And that leads to destabilization, with a battle between left and right, and of course the right wing is fully funded, and the country slides into fascism.
The IMF has used their power to destablize Latin America. The forced Bolivia to sell it's water to Halliburton, it forces African countries to privatize its water. Some villages in Africa and Latin America have a child standing at the village pump collecting 5 cents to fill a jug, those that can't afford it drink from ditches and ponds, then they become infected with parasites and die.
Here is an extract from a paper I wrote for my MBA, written in 1984, it is dated, but shows the power and damage done by the IMF
The problems of the Fed in managing the credit of the US pale in comparison to the pressures exerted on it by competition and "higher headquarters" The rising star in the corporate struggle is the International Monetary Fund (LMF). The special relationship of the IMF to Congress and the Presidency has enabled its director, Jacques De Larosiere, to ingratiate himself with the higher operating mechanism (B.I.S.). The IMF has demonstrated its profound ability to force the U.S. authorities to refund its activities and refinance potentially defaulting loans. 111
The IMF has also demonstrated its muscle by caging Brazil. 112 and decimating that country on behalf of the crown. Forcing the government to act in accordance with guidance from the B.I.S. 113 The voters of Brazil reacted violently to failed efforts evict IMF representatives. 114 . However, the IMF prevailed and Decree 2025 now takes $40 million in wages from Brazilians and living standards are being reduced. When the news of the capitulation of the Brazilian congress to IMF (B.I.S.) demands broke some 60,000 auto workers walked off the job in Sao Paulo.
Peru has been more troublesome. The IMF was dealt a set back when Peruvians rejected the IMF plans to strip the country of its natural resources. 115 They apparently learned their lesson from Chile was foolish enough to be influenced by Friedmans Chicago Boys 116 and on Nov 13, 83 the voters completely rejectedLthe IMF hunger and starvation proposals. Peru has developed a thriving underground (free enterprise) economy which employs 2/3rds of the population. 117 It has also been ravaged by minions of the IMF and BIS, who receive weapons and funds to wage a guerilla war under the banner of the Shining Path. If this “Marxist” campaign should win, then Peru will fall into line.
In Columbia the IMF has been successful in thwarting the Columbian government crusade against cocaine and marijuana. In a veiled reference Zeue Zuricher Zeitung editorialized that "Columbia could resort to unlicensed exports of the most diversified types(cocaine and marijuana), it went on to say that "should the governments moralizing campaign result in this area also declining Columbia could find itself, even with imports reduced no longer in a position to obtain foreign exhange required to maintain its economy. 118
Argentina must be chalked up as a success. Tremendous infusions of money and the threat of foreclosure, aided by recent naval manuevers in the Carribean, have enabled the Radical Civic Union (leftist) party togain control of Argentina. The Minister of Economy, Grinspun. 119 Is now
in charge of the nations finance and the military leadership is being hauled before a Neuremburglike" courts martial120Their elimination will insure that there is no repeat of the Chilean experience. 121
That Argentia can be considered secured is evidenced by the return of the "leftist", Jacobo Timmerman. 122 and reclamation of his newspaper l23. Paul Prebisch 124 has been taken into President Alfonsins cabinet and can be expected to act accordingly.
Chile, as noted previously, is in a delayed holding action thanks to Milton Friedman's country denuding Industrial base destroying influence. 125 The influence of the IMF in forcing revolution causing austerity measures an Chile is well documented in the Wall Street Journal Index .126
Bolivian capitualation was gained earlier this year when the withholding of hard currency caused the economic conditions and violence that enabled a "leftist" government to assume power. In a package deal to secure IMF re‑funding the new regime extradicted (in violation of its own laws), alleged war criminal Klaus Altmann to France. 127 Subsequent food riots, as a result of President Siles Zuaszo's capitulation to IMF demands 128 on Nov 17, 83 have threatened this "democratic" government
President Reagan’s bid to cut funding to the International Development Association (IDA) a World Bank Affiliate that makes no interest loans to poorer countries was much heralded by fiscal conservatives, but had the effect of holding back narcotics from a drug addict. This move forces LDC's to go to IMF and the IMF in turn forces "social & political change" in return for another dose of debt narcotic. In the modern world LDC's can not exist without "hard currency." (dollars or SDR's). The only source of these funds are international financial mechanisms. 129
The IMF is also forcing radical changes on Marcos in the Philipinnes, again selective interpretation of the news has generated a climate favorable to De Larosiere's goals. 130