From:   Lucas Vazquez <>
Sent time:   Wednesday, September 28, 2011 10:20:19 AM
Subject:   Re: [september17discuss] Argentina President Slams IMF as Idiotic

Aguante Kristina!

On Wed, Sep 28, 2011 at 8:51 AM, diane sare <> wrote:

Argentine President Slams IMF Murderous "Idiocy and Stubborness"


Sept. 27 (LPAC)--Speaking in Mendoza province Sept. 26, Argentine

President Cristina Fernandez de Kirchner scathingly attacked the

insanity of the IMF's austerity policies, now being forced on

Europe, as well as the arrogance of IMF Managing Director

Christine Lagarde, who announced last week that the Fund would

not use data from INDEC, Argentina's official statistical agency,

to assess the country's GDP and inflation rate, because the data

was too "unreliable." Instead, Lagarde said, the Fund would get

better data from "private consultants."

            Not only did the IMF cause Argentina's 2001 crisis and

default, Fernandez charged. Today, "in the midst of the most

calamitous failure in recent memory...those directly responsible

for Argentina's 2001 failure, and today's in Europe and the

United States, are still trying to force the world to swallow the

same medicine they gave us for a decade in order to ruin us! Such

idiocy, such stubborness is inconceivable. How can they say that

an economy will be reactivated and grow through austerity? This

makes no sense!"

            So the IMF is going to determine what's "reliable" in

Argentina? Let it be known, Fernandez said, that our "economic

policy decisions are made here in the Casa Rosada [Presidential

Palace] and in the national Congress, here within {our} national

institutions"--not in private consultancies or dictated by

foreign financial agencies. In the 1980s and 1990s, the President

recalled, Argentina's Congress bent over backwards to implement

foreign dictates, "and the world still came crashing down;

Argentina still came crashing down on us. So, with some mistakes,

with some successes, we've learned that we, the Argentines, will

determine our present, and above all, our and our children's


            Fernandez was in Mendoza to inaugurate the expansion of the

electricity grid, and in doing so, recalled that her late husband

President Nestor Kirchner loved building infrastructure "because

he maintained that this was progress." When you bring energy and

electricity to regions that didn't have it, "you bring equality,

sovereignty and federalism to places that had been ignored

historically," the President emphasized. She recalled Nestor's

first speech to the UN General Assembly in which he said that

Argentina must be allowed to grow, because he didn't know of any

dead people who could pay their debts. That, Fernandez said, "was

a visionary metaphor for what's happening in the world today."

            The Argentine President underscored that everything she and

her husband have done has been aimed at "liberating" the

Argentine people, but more particularly youth, leaving them "a

better country...liberating them from misery, from failure, from

frustration and from poverty....We are rebuilding that Argentina

which had been wrenched from us and which we have recovered, not

for ourselves, but for our young people, for our children and

grandchildren, so they don't have to live through what we have

had to live through."[crr]

Diane Sare
cell: 201-220-7731