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View Full Version : Obama causes Argentina to default


Capper Al
07-31-2014, 01:58 PM
Just thought I'd start the thread for all these right wingers here. Of course, Obama didn't cause Argentina to default, but the righties like to make things like this up.

Tom
07-31-2014, 02:12 PM
Name three things.

Tom
07-31-2014, 02:17 PM
Touch the hem of his robe and be healed.

Clocker
07-31-2014, 02:21 PM
Touch the hem of his robe and be healed.

Or just drink the sacramental Kool Aid.

Greyfox
07-31-2014, 02:22 PM
Just thought I'd start the thread for all these right wingers here. Of course, Obama didn't cause Argentina to default, but the righties like to make things like this up.

Argentina has defaulted and this lack of action will bring hardship on that country.
It is not a matter to make mockery of.
Your sense of humor is warped. :ThmbDown:

Capper Al
07-31-2014, 02:35 PM
I feel for Argentina.

Clocker
07-31-2014, 02:47 PM
Of course, Obama didn't cause Argentina to default, but the righties like to make things like this up.

Looks like the "progressive" government of Argentina was capable of creating the crisis without any help from Obama.

From the left-wing Washington Post (http://www.washingtonpost.com/opinions/argentinas-economic-crisis/2014/01/30/a35d1818-878f-11e3-833c-33098f9e5267_story.html):

The crunch is the predictable result of the populist policies pursued in recent years by President Cristina Fernández de Kirchner, who has kept utility rates frozen (leading to power outages), nationalized the country’s largest oil company (making Argentina a net importer of energy despite its huge reserves of oil and gas) and combated inflation by doctoring official figures and threatening journalists who report the real numbers.

In reality, Argentina’s problems are considerably more serious than those of emerging countries such as Turkey, Brazil and South Africa and have little to do with international markets, from which Buenos Aires has been isolated since its last financial crash in 2002. Rather, they are the product of the same mistakes that have produced previous busts: uncontrolled government spending, heavy taxes on exports coupled with strict controls on imports and disincentives to foreign investors.

Tom
07-31-2014, 02:57 PM
I feel for Argentina.

XYymFWsBxk0

HUSKER55
07-31-2014, 05:48 PM
it was liberal politics

JustRalph
07-31-2014, 05:49 PM
I feel for Argentina.

How do you feel about Appalachia?

Clocker
07-31-2014, 06:01 PM
How do you feel about Appalachia?

I like to ride Appaloosas in Appalachia.

barn32
07-31-2014, 06:21 PM
Paul Singer is known as the Vulture (http://us4.campaign-archive2.com/?u=33e4ec877eed6a43863a4a92e&id=62d4587c03&e=0fef4f194b)

[Selected Quotes]

It was Ash Wednesday and Obama’s boys drove those nails in: they demanded a US federal court to stop Singer from attacking Argentina...

Specifically, Obama and Clinton demanded the court throw out Singer’s attempt to bankrupt Argentina (because that is what Singer’s demand would have done)...

mostpost
07-31-2014, 09:48 PM
Looks like the "progressive" government of Argentina was capable of creating the crisis without any help from Obama.

From the left-wing Washington Post (http://www.washingtonpost.com/opinions/argentinas-economic-crisis/2014/01/30/a35d1818-878f-11e3-833c-33098f9e5267_story.html):
I think we can stop calling the Washington Post left wing. That editorial could have appeared on the editorial page of the Wall Street Journal or Business Investors Journal.

As Barn 32 pointed out, this crisis is being intensified by the refusal of the Vulture capitalists to accept a reduced payout in regards to the 2001 default. Most bond holders accepted the deal, but a few holdouts are messing things up.

mostpost
07-31-2014, 09:49 PM
I like to ride Appaloosas in Appalachia.
Is there an App for that?

Tom
07-31-2014, 10:32 PM
Is there an App for that?

Appsolutely!
Apply now!

Clocker
07-31-2014, 10:33 PM
Is there an App for that?

Appsolutely.

Clocker
08-01-2014, 01:02 AM
Appsolutely!
Apply now!

You beat me to it.

I am appalled.

Capper Al
08-01-2014, 05:54 AM
Paul Singer is known as the Vulture (http://us4.campaign-archive2.com/?u=33e4ec877eed6a43863a4a92e&id=62d4587c03&e=0fef4f194b)

[Selected Quotes]

It was Ash Wednesday and Obama’s boys drove those nails in: they demanded a US federal court to stop Singer from attacking Argentina...

Specifically, Obama and Clinton demanded the court throw out Singer’s attempt to bankrupt Argentina (because that is what Singer’s demand would have done)...

I just knew one of you guys could produce some BS. It's election time!

Tom
08-01-2014, 07:32 AM
You beat me to it.

I am appalled.

Please, please, no applause!

Steve 'StatMan'
08-01-2014, 09:47 AM
I like to ride Appaloosas in Appalachia.

...while singing acapella.

Tom
08-01-2014, 11:09 AM
Do you need an appointment to get in on this?

Clocker
08-01-2014, 11:13 AM
Do you need an appointment to get in on this?

An approved appointment would be appsolutely appropriate.

Tom
08-01-2014, 11:45 AM
Hmmmm, it would appear so!

At least in this happenstance!