Friday, November 26, 2010

Women Athetes In Pantys

By the beard of St. Patrick! The price of bronze

now is Ireland's battered by the economic crisis and the victim in turn of the impositions of the European Central Bank and the International Monetary Fund. Irrelevant recall how some prestigious figures insisted on presenting the "Celtic Tiger" as an example worthy of emulation (*) . It is recommended that note Alfredo Zaiat that citing this book Sevares July stresses that along with many policies aimed at growth, Ireland is allowed incubating the crisis by opening the capital account and the resulting financial capital inflows that fueled speculative "bubble."

also worth reading this article our recent visitor Paul Krugman in the New York Times. And a note that struck me and motivated me to translate exclusively to visitors of this blog. Came in not Página/12 or Argentine Time, but The Guardian London.


Ireland should "Argentina's"

by Dean Baker "When a team of firefighters or doctors performed a rescue, the victim is in a better position as a result. This is less clear when the rescuer is European Central Bank (ECB) and the IMF .

Ireland is currently supporting unemployment rate of 14.1% . As a result of bail conditions that require more cuts in government spending and tax increases, the unemployment rate almost certainly grow . It is likely that the Irish people come to wonder how their economy would be had they not been rescued.

pain being inflicted on Ireland by the ECB / IMF is completely unnecessary. If the ECB is dedicated to making available loans at low rates Ireland interest, a mechanism entirely within their powers, then Ireland would have no serious budget. Its huge projected deficits result primarily from the combination of high interest costs on its debt, and the result of operating at economic production levels are well below full employment - both results that can be attributed largely to the ECB.

worth remembering that the Irish government was a model of fiscal discipline before the economic collapse. had high budget surpluses during the 5 years preceding the crisis began . The problem of Ireland was certainly not a government spending out of control, was a reckless banking system fueled a huge bubble. economic Wizards at the ECB and the IMF could not see the bubble or not they thought it was worth mentioning.

The failure of the ECB or the IMF to take action to stop the bubble before the crisis has not become shy to these international financial institutions on the use of a heavy hand for now demanding conditions. The plan is to impose a rigid austerity, requiring that much of the workforce in Ireland will suffer unemployment in the years to come, as a result of the failure of his bankers and the ECB.

While it is often argued that these institutions not political, just someone clinically dead could still believe this. The decision to make workers of Ireland, together with workers in Spain, Portugal, Latvia and other countries pay for the recklessness of bankers in their countries is entirely political. There is no economic imperative to say that workers must pay, this is a political decision imposed by the ECB and the IMF.

This should be a huge warning flag for progressives and, indeed, for anyone who believes in democracy. If the ECB sets conditions for a bailout package will be very difficult for an elected government in Ireland reverse these conditions. In other words, the issues on which Irish voters may decide will probably be trivial in importance, under conditions to be imposed by the ECB.

There is no serious argument in favor of a central bank is not responsible for their actions. While no one expects or wants that parliaments address monetary policy in the micro, the ECB and other central banks should be clearly accountable to elected bodies. It would be interesting to see how they can justify their plans to bring to Ireland and other countries at a rate of unemployment in double digits for years to come.

The other point that should be taken into account is that still a relatively small country like Ireland have options. Specifically, they could leave the euro zone and declare its defaulted debt. This is not even remotely the best option, but if the alternative is an indefinite period with double-digit unemployment, then leave the euro and declare a default appears much more attractive.

The ECB and the IMF insist that this is the way to disaster, but his credibility at this point is close to zero. There is a clear precedent. Back in 2001, the IMF was urging Argentina to take half of increasingly stringent austerity. As Ireland, Argentina had also been the neoliberal model student cast before going into difficulties.

But the IMF may change your mind quickly. His austerity program lowered the GDP by almost 10% and pushed the unemployment rate well above the double digits. In late 2001, it was politically impossible for the Argentine government agree more austerity. As a result, allegedly broke the unbreakable link between its currency and the dollar, and declared a default on its debt .

The immediate effect was to worsen the economy, but the second half of 2002, the economy was growing again. This was the beginning five and a half years of solid growth until the global economic crisis has left its mark in 2009.

The IMF, meanwhile, did everything he could to sabotage the Argentina, which became known as "the curse with A" (1). Even projections used trout (2) that the predictions consistently underestimated growth in Argentina, with the hope of undermining confidence in its evolution .

Ireland should take lessons from Argentina. Breaking the euro would have consequences, but it is becoming increasingly clear that the pain of the break would be less than the pain of staying in the euro area. More Moreover, the mere fact of putting the issue under discussion is likely to make the ECB and the IMF take a more moderate position.

What the people of Ireland and every country must realize is that if they give their agreement to play by the rules of the bankers, they will lose. "


(1)" The 'A word' " in the original, as the analogy of "the 'F word'" and others.

(2) In English, "bogus." It seemed the most appropriate equivalent.

Note: I thank the reporter Telma Luzzani for giving notice of The Guardian noted in The National Radio Booting AM .


PS: (*) Well, yes, irrelevant. Orlando Barone took pains .

Tuesday, November 23, 2010

Free Littlest Pet Shop Skins




If any had under the column "Mitre" published by the historian Luis Alberto Romero on the official commemoration of the battle of the Vuelta de Obligado, was the result very good replicas by some "neorrevisionistas" as he disparagingly called those who are reviving a national and popular look on our history. The most significant in my view, that of Sergio Wischñewsky in Página/12 and the Hernán Brienza Argentine Time. In the blogosphere, Abel took the matter under two very good posts in which I spoke with some comments. In particular, I remembered the position of General San Martín on the attitude of the head of the Confederation of Argentina to the Anglo-French raid of 1845 (see also about this post of Ezekiel). And by the way, I decided to revive some notes I had stored on the Liberator and the uses and methods of construction of the figures and facts of history.

reflection I had emerged, was what was the way in which the figure of San Martín, who died far from their land, ostracized and forgotten by his countrymen, was enough years after his physical disappearance to an almost undisputed lie the remains of our history.

The issue has a funny story because the core liberal concrete terms "national" in the decades of 1850 and 1860 was also responsible for founding our official history. I mean Mitre and Sarmiento , especially the founder of the "gallery of doctrine" with works dedicated to Belgrano and San Martín. A History of the elect and reprobate (the largest of all, no doubt, Juan Manuel de Rosas). A civilian hero, "the man who was ahead of its time," Bernardino Rivadavia. A military hero, José de San Martín. But this group had very strong reasons to make reproaches to San Martin, some by historical events and at the time and other causes still very new. To cite just a few:

- Disobedience of orders of the Board (Pueyrredón, Rondeau) to return with his troops from Cuyo, abandoning plans liberation of Chile and Peru to fight the federal montoneras Artigas, López and Ramírez .

- Your attitude to the Anglo-French blockade the Río de la Plata, and support for Rose's attitude, embodied in the legacy of his sword.

Interestingly, in his History of San Martín , Mitre refers to this attitude disqualified. No wonder: he and Sarmiento was part of the emigrants who supported foreign intervention, and one of those mentioned in the famous phrase (see here ):

"... but what is not I can conceive is that Americans have a spirit unworthy of joining the foreign party to humiliate their country and reduced to a condition worse than that suffered in times of English rule, such a felony or the grave can make it disappear ... " Mitre

reproaches the Liberator's "lack of political vision" and its attachment "obsolete" to the idea of \u200b\u200bindependence. Of course it does in his elaborate and convoluted language, former president Anillaco native had said more directly: "remained in the '16 '...

An almost unknown book of enormous value to "think the Bicentennial" is certainly "Young and old men of the Silver of Juan Bautista Alberdi, also shows the author in a facet" pre-revisionist "fairly muted by those who exalt him as hero of liberalism. In that book Alberdi shred the History of Belgrano and Facundo , and "makes mincemeat historically Mitre and Sarmiento" (words of Arturo Jauretche).

The volume contains a couple of letters sent Sarmiento Alberdi and give an indication of how it started raising San Martín to the "official procerato."


"XXXIII - San Martín Sarmiento described in a letter to me"

"Yungay, July 19, 1852. " ... Desmadryl makes a Pantheon of famous people of Chile: the work is finished . You need a biography of San Martín, and you may make brief, spiritual, saissisante [compelling] , instructive. San Martin was a victim, but their departure was an atonement. Their violence, but above all, the shadow of Manuel Rodriguez, stood up against him and emptied. Do you emphasize this fact so beware. This righteousness silent but adamant that America walked away forever. Today is the outlawed Rosas. Its affinities are found in the support provided to the tyrant for what you said: by the feeling of revulsion abroad. The army of the Andes rose up in Lima for general reasons, but the feeling, the passion efficient, was the resentment caused the Argentinians, the be stripped of its flag, that is, their national glory, to hoist the new flag liberated states, giving condottieri air. He also rebelled against his government in Las Tablas, and his army rebelled against him. Are you in charge of the job? Fundemos once our historic tribunal. Let's just stop being apologists but how much evil has been committed. San Martín, punished by opinion, American expelled forever, forgotten twenty years, and restored by the laity, Montt, the doctor, the lawyer, is a worthy and useful lesson. "Having become

I refused to write with conditions imposed in my opinion, Sarmiento wrote me this:

"Yungay, September 2, 1852. "... I pointed you to write the biography of San Martín, because had you done before implying that justice could be done now, etc.. While not my intention to be a withdrawal, because I would not advise anyone anything but honorable, I thought eternal praise of our historical characters, fabulous all, is shame and condemnation our . - Sarmiento. "
Juan Bautista Alberdi, Large and Small Men del Plata , Ed Punto de Encuentro, Buenos Aires, 2007, p. 152-153.


Finally, it was not Alberdi who wrote the biography of Bartolomé Mitre St. Martin but that did not make it brief. The epilogue to the perhaps intended to establish the historical court asked Sarmiento, it does pass the bill to the Liberator.

"The character of San Martín is one of those that are imposed on the story. His action is prolonged in time and its influence is transmitted to posterity as a man of conscious action. The germ of an idea the incubator, which springs from the bowels of the native soil, is deposited into your soul, and is the champion of that idea. As a general hegemony Argentina first, and then Chile and Argentina, is the herald of the fundamental principles who have given their international constitution to America, cohesion to its component parts, and balance their independent states. With all his intellectual shortcomings and his political mistakes, with only limited and specific genius, with his military school more methodical than inspired, and despite their faintness in the course of his life worked , is the man of action more deliberate and far-reaching well balanced that has produced the South American revolution. True to the maxim that ruled his life: "It was what should be" and before that was not to be preferred to 'be nothing'. So live in immortality. "
Bartolomé Mitre, Historia de San Martín, Ed Land Argentino, Buenos Aires, 1950, p. 594.


Obviously, the bronze San Martín not left free.


PS: if there was anything to say about Luis Alberto Romero, Ezequiel said in a masterful and here here.

Friday, November 19, 2010

Where To Buy Jarro Viejo Tequila

industrial Nostalgias



We are living times to read and hear is nonsense and irresponsible statements everyday thing, and one tends to see diluted their sense of wonder.

But some gems they leave one thinking. For example, when the radical deputy says Aguad Oscar in the 2011 budget debates, which "who does not want the government budget is" (when the intentions of the opposition have been known for months, see here) and "These policies represent the model has failed" .

While recognizing the validity of many observations that he can make to the current economic policy (I recommend about this article Carlos Leyba) one wonders on what basis the deputy measured Aguad failure, or what the successful model you have in mind to replace the existing.

Or, to learn some speech at the annual conference of the UIA, as the manager of Federico Ledesma Nicholson when he says "The power of the market to generate wealth and expand freedoms is unmatched" , one is reminded of the global crisis still going on, think about the destructive power of the "market" and is pondering whether we want to again put the dog. Or if this is only a nostalgic event.

In the latter case and as a remedy for homesickness, bring a document that already has a few years and that many people would rather read, perhaps to help jog your memory.


"It is imperative to correct the course"

"It insists on presenting to society the image of a thriving industrial sector, in the process of modernization and expansion, which would only being marginalized, those companies, longing for old times are not adjusted to new rules established by the current plan and seek to live under the shelter of a generous protection than the place apart from foreign competition. There is talk of increasing industrial exports and imports of capital goods-would-joint showing a jump of competitiveness. "

" It further states that most of the "duties" that require the process industry in the region and the world, have already been made, except for labor reform, which did not materialize is passing on to Parliament. "

" The reality is quite different. "
" consumption levels obtained the plan, compared to 1989/90, a horse of a growing and dangerous trade deficit financed by debt and the completion of major state assets, put up a smokescreen to the devastating effects of an open industry-although necessarily can not become what we qualified at the time as "a tightrope without a net experiment and without training", except for those sectors that the government put sheltered from foreign competition. "

" That openness was enhanced by distortion of relative prices, which from the very beginning of the program outright disadvantageous conditions placed on the industry to face aggressive competition from abroad. "

"Under these conditions there was a marked and progressive fall of national manufacturing value added."

"spent the foot" deregulatory "and involved tax reductions in fiscal pact gave him everything they could give, but the problem of relative prices is still there. This, despite the drastic adjustments carried out by companies and certain level of investment growth in some branches, which may not achieve short-term productivity gains to close the competitiveness gap commented. "

"Now that the smoke is dissipating, the reality is emerging:
- A list of industrial lush closed, bankrupt, broken or immersed in laborious and uncertain process in accordance with its creditors.
- Industries heavily indebted, with both the financial sector to the Treasury, and face serious difficulties in sustaining its credit spreads still paying very high real rates.
- Branches entire production that have been invaded by the external supply, as at these prices it is better to import than to produce and invest.
- High rates of unemployment that are fed to a large extent, the industry's layoffs. "

" The issue is particularly critical for the segment of small and medium industries, he has not even been able to benefit in the recent past for its inability to access foreign financial markets, the exceptionally low level of international interest rate. These difficulties are enhanced in the interior by the strong attachment of the industries located there with the agricultural crisis and regional economies, the highest level of interest rates and prices of basic services. "

" The industry, therefore, is being pushed to a dead end. is said-and the truth is that it appears as extremely difficult, there is no possibility of changing the exchange rate. Nor, given the commitments made in the Mercosur-an initiative that must be defended at all coast, may be amended tariffs and rebates from 1 January 1995, and paid the customs union under difficult competitive conditions in relation to regional partners. New tax cuts Fiscal Pact type of financing difficulties faced by the Treasury. "

" Overall, it appears that the country is inhibited, for economic policy and influence key economic variables. "

" So, being on the horizon is only a traumatic alternative, socially unacceptable to the UCR and highly questionable from the standpoint of its effectiveness: a severe recession with the consequent fall in wages throughout the economy. But this fall will occur, anyway, by way of the facts in a context of brutal unemployment, if nothing is done. "

" Rising unemployment to levels not known to our society and an unsustainable trade deficit begin to question no future stability. "

" urge, then, correct course. It should redirect the social and economic process of recovering economic policy instruments in pursuit of a comprehensive rethinking of the ways and times to allow the successful integration of our industry in the region and the international markets. "

" For this to be possible it is necessary to achieve levels of political and social consensus needed as never before now, given the overwhelming weight of the constraints presented by this reality that must be sincere. The market alone will not solve such a serious situation. "


Radical Civic Union - National Committee
Manuel Cywin - Raul R. Alfonsin

(Requested published in Clarín, p. 11, Sept. 2, 1994 on the occasion of the Industry Day.)


PS: Actually, the most sensible words Meeting UIA last Thursday I found the consultant's No. 1 foreign policy of President of Brazil, Marco Aurelio Garcia:

"We need an industrial policy of state intervention, not free market."

" The policy has to be different than in the past, with the highest incidence of the education system, and that is awarded by the State. "

" We need a policy of solidarity and intelligence production, because no one can live well if the neighbors do not .

But apparently not welcomed too.