THE NEW TECHNOCRATIC GOVERNMENT OF ARGENTINA
Most of MACRI'S reported appointees were privately educated in ARGENTINA and went on to do further studies in elite USA universities.
For those who oppose neoliberalism its seems amazing that ARGENTINA still has not learnt from the effects of Neoliberalism, for the new president will once again be the puppet of WASHINGTON, just as CARLOS MENEM had shown how it is done – the current misery ARGENTINA is in goes back to arch – neoliberal DOMINGO CAVALLO.
A GOOD KING (PRESIDENT) IS NEVER BETTER THAN A BAD PARLIAMENT
Unfortunately ARGENTINA has a presidential system ….
Geo-politically speaking it seems that neoliberalism is currently winning the game, with the help of the “fight against terror” doctrine as well as the corporate media. As some political observers indicated, one cannot permanently resist the doctrines of the international finance mafia, so governments opposing these policies have to be changed and run by technocrats who are submissive to international corporations, financial institutions thus creating the de – facto CORPORATOCRACY.
PAYMENT TO HEDGE FUNDS WILL INVOLVE HUGE TRANSFER OF RESOURCES AND PENSIONS FROM WORKERS TO WALL STREET
MACRI had promised to end ARGENTINA’S isolation from WALL STREET financial markets through negotiations with vulture funds that hold ARGENTINE debt and to remove regulations that allegedly stand in the way of big business investments. The payment of that debt, even under favorable terms for ARGENTINA, will undoubtedly require a huge transfer of resources and pensions from workers to WALL STREET.
MACRI has also promised to devalue the ARGENTINE peso and remove transportation, energy and other subsidies to the poor and middle class. Devaluation, attacks on social programs, deregulation—each of these measures represent an assault on jobs and living standards. But thanks to the corporate media a small majority of working class ARGENTINE voters have succumb into believing that this model is the best for them.
ECONOMIC HIT –MEN – TARGET LATIN AMERICA
LATIN AMERICA is currently facing a standoff between Neoliberalism fostered by the USA and UK versus Social Democracy. Thus it comes of no surprise that also the current center left BRAZILIAN administration is under scrutiny for corruption, the scandal strategically made public during a period where the BRAZILIAN economy is stagnating. Its seems the decade old fight between left and right is once again fought on the grounds of good old LATIN AMERICA.
Thus it comes as no surprise that MAURICO MACRI a multi-millionaire engineer, who de-facto was elected by the neo-liberal US finance elite and corporations won the election.
Following the footsteps of CARLOS MENEM and arch – neoliberalist DOMINGO CAVALLO,
MACRI chose a technocratic cabinet which showcases CORPORATOCRACY, made in the USA - at its best:
Ministry of Finance
EX WALL STREET BANKER AT THE HELM OF THE FINANCE MINISTRY: Alfonso PRAT GAY, an economist trained at PENNSYLVANIA University and former WALL STREET banker with J.P. MORGAN in LONDON and NEW YORK, President of ARGENTINA'S Central Bank. Like MACRI, he went to school at the elite conservative CARDINAL NEWMAN COLLEGE in BUENOS AIRES.
A CEO AND MANAGER OF INTERNATIONAL CORPORATIONS AT THE HELM OF THE FOREIGN MINISTRY: Susana MALCORRA has a predominant business background, having worked for companies including IBM and TELECOM ARGENTINA as well for the UNITED NATIONS.
A TECHNOCRATIC CABINET - MARCOS PENA CABINET CHIEF - US educated, where his father worked for the INTER-AMERICAN DEVELOPMENT BANK. With economic decisions now taken by a sub-cabinet of six ministries, PEÑA has turned to two businessmen - GUSTAVO LOPETEGUI, the current CEO of LAN ARGENTINA, and MARIO QUINTANA, president of PEGASUS VENTURE CAPITAL - as his cabinet secretaries.
FORMER SHELL CEO JUAN JOSE ARANGUREN WILL BE MINISTER OF ENERGY AND MINES. He will be in charge of attracting investment to the VACA MUERTA formation, the world’s second-largest shale gas deposit and fourth-largest shale oil reservoir. He’ll also head up attempts to unravel the current government’s system of utility bill subsidies.
Ministry of interior
FORMER PRESIDENT OF THE CITY-RUN BANK BANCO CIUDAD ROGELIO FRIGERIO will be minister of the interior. He is the grandson of ROGELIO JULIO FRIGERIO, who acted as economic adviser to former President ARTURO FRONDIZI and pushed for the development of ARGENTINA’S industries.
Central Bank chief
FORMER BANKER TO HEAD ARGENTINA'S CENTRAL BANK: FEDERICO STURZENEGGER, a lawmaker, former banker and chief economist of the then private oil company YPF, who studied at top USA school of MASSACHUSETTS Institute of Technology.
Minister of Industry
FORMER US TRAINED BANKER FRANCISCO CABRERA WILL BE INDUSTRY MINISTER. CABRERA formerly worked for US tech company HEWLETT PACKARD, international bank HSBC and other financial groups.
Minister of Defense
JULIO MARTINEZ IS CURRENTLY THE VICE-PRESIDENT OF THE DEFENSE COMMITTEE of the ARGENTINIAN Chamber of Deputies, and has previously served as its chair. MARTINEZ has been a strident critic of outgoing President CRISTINA FERNANDEZ DE KIRCHNER'S defense policies. MARTINEZ will take charge of ARGENTINA'S defense policy at a challenging time, as the ongoing delays to the country's program to replace its retired DASSAULT MIRAGE III fleet leave it with little significant air-defense capability.
GOVERNMENT OF THE TECHNOCRATS, BY THE TECHNOCRATS, FOR THE TECHNOCRATS
It seems that if democratically elected leaders do not heed to debt ridden economic models in order to satisfy the markets, the IMF, WORLD BANK, HEDGE FUNDS and other financial institutions, they are now, in effect, summarily dismissed, one way or the other. In the case of ARGENTINA with the help of the corporate media and powerful international financial institutions. Granted the outgoing administration had its flaws, but the main reason the administration was under such heavy attack by neoliberal entities was because they defied the classic economic model of the neoliberals and managed to succeeded, which infuriated them and also posed a threat to their own geopolitical agenda.
The unsubtle message coming out of the neoliberal quarters is that democratic governments which have failed to tackle the economic crisis should be replaced with more reliable (and controllable) technocratic governments.
This to some extend occurred in ARGENTINA. With the help of the corporate media the economic situation was deliberately presented in a bleaker picture than it actually was. Granted inflation is an issue the new government has to solve, but at which price? The doctrines of Technocratic governments, controlled by corporations and financial institutions usually have only one objective: painful austerity and subsequent falling living standards. Technocracy will have no answers for growing popular discontent.
Rule by technocrats will replace rule by the people - with economically orthodox international bodies like the IMF, WORLD BANK and SHADOW BANKING INSTITUTIONS working with technocrats now heading up governments to implement tough austerity measures that have never received public backing. With the exception of ARGENTINA!!!!!
DEMOCRACY MUST NOT BE REGARDED AS MERELY AN OPTIONAL EXTRA WHEN SOLVING ECONOMIC PROBLEMS.
The growing power of international bodies (corporations) has steadily diminished democracy. To an extent, the “imposition” of technocrats on ARGENTINA is the apotheosis of the technocratic concept that runs through bodies such as the IMF and the WORLD BANK as well as the Paris club and the Federal Reserve.
Government of the technocrats, by the technocrats, and for the technocrats is hugely undesirable and, by its very nature, bad for democratic legitimacy. It is not a long-term solution and should not have been considered as a short-term one. Democracy must not be regarded as merely an optional extra when solving economic problems.
If politicians do not bring their people with them, they risk creating extreme alienation and discontent. If politicians do not trust the people, why should the people trust their politicians? When they are working to solve the so-called economic crisis engulfing ARGENTINA, the countries new leader must be very careful that he does not create a new crisis of political legitimacy, which will have even more serious long-term consequences.
ARGENTINA, A YOUNG DEMOCRACY STILL TRYING TO FIND ITS POLITICAL BEARING
|One step forward, two back|
But then again maybe it’s in the best of interest for ARGENTINA to experience 4 years of a center right non Peronist Government in order to have a true comparison between the center left Peronism model of the last 12 years, the MENEM Peronist area and now the neoliberal (or as some say extreme right Manchester liberalism) area of MAURICIO MACRI, thus the young country (33 years of democracy) will have gone through all political models and therefor will be able to decide which of these political models is best for the country. After all the Tango is an ARGENTINE invention, one step forward, two steps back, depending on which side of the political model you are on ……………….