Money makes the World go round …… and Politics

<b style="mso-bidi-font-weight: normal;"><span style="font-size: 12pt; line-height: 115%;"></span></b><b style="mso-bidi-font-weight: normal;"><span style="font-size: 14pt; line-height: 115%;"></span></b> <br /><div class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span style="font-size: 12pt; line-height: 115%;">US COURT RULING ON ARGENTINE BOND DEFAULT</span></b></div><div class="MsoNormal"><br /></div><div class="MsoNormal"><b style="mso-bidi-font-weight: normal;"><span style="font-size: 12pt; line-height: 115%;">The Paris Club, USA Agriculture Companies, and International Financial Speculators “grab” onto ARGENTINA</span></b></div><div class="MsoNormal"><br /></div><ul style="margin-top: 0in;" type="disc"><li class="MsoNormal" style="mso-list: l0 level1 lfo1; text-align: justify;"><span style="font-size: 12pt; line-height: 115%;">Foreign interests on Argentina are increasing for its natural resources and farmland.</span></li><li class="MsoNormal" style="mso-list: l0 level1 lfo1; text-align: justify;"><span style="font-size: 12pt; line-height: 115%;">New York’s highest court insists that ARGENTINA has to keep on paying interest rates on some bonds <u>even after they mature or investors demand their principal back earlier.</u></span></li><li class="MsoNormal" style="mso-list: l0 level1 lfo1; text-align: justify;"><span style="font-size: 12pt; line-height: 115%;">US court ruling on ARGENTINE bond default and 101% annual interest rate payment allegedly influenced by THE PARIS CLUB and the IMF.</span></li><li class="MsoNormal" style="mso-list: l0 level1 lfo1; text-align: justify;"><span style="font-size: 12pt; line-height: 115%;">Despite being band from International Financial Markets ARGENTINES economy is growing tremendously.</span></li><li class="MsoNormal" style="mso-list: l0 level1 lfo1; text-align: justify;"><span style="font-size: 12pt; line-height: 115%;">The majority of large Agriculture Companies in ARGENTINA are from the USA and own vast pieces of fertile farmland, boosting their profits.</span></li><li class="MsoNormal" style="mso-list: l0 level1 lfo1; text-align: justify;"><span style="font-size: 12pt; line-height: 115%;">In view of the agriculture commodity boom, WALL STREET Speculators and brokers as well as US Rating Agencies try to manipulate politics and lobbyists in order to gain influence in ARGENTINE and LATIN AMERINCAN economy. </span></li><li class="MsoNormal" style="mso-list: l0 level1 lfo1; text-align: justify;"><span style="font-size: 12pt; line-height: 115%;">Being banned from International “Casino Financial Markets” does not necessarily have to mean it is bad for the country. </span></li></ul><div class="MsoNormal" style="text-align: justify;"><b style="mso-bidi-font-weight: normal;"><span style="font-size: 12pt; line-height: 115%;">AFTER DEFAULTING IN 2002, ARGENTINA</span></b> has turned its back on the IMF by paying off its debt with the fond in order to be able to free itself from restrictive terms, the IMF tired to impose on the country, in order to gain political as well as economic influence in the region.</div><div class="MsoNormal" style="text-align: justify;"><br /></div><div class="MsoNormal" style="text-align: justify;"><b style="mso-bidi-font-weight: normal;"><span style="font-size: 12pt; line-height: 115%;">USA COURT RULING ON ARGENTINE BOND DEFAULT – RULING INFLUENCED BY LOBBIES OF US AGRICULTURE COMPANIES, THE PARIS CLUB and IMF?</span></b></div><div class="MsoNormal" style="text-align: justify;"><br /></div><div class="separator" style="clear: both; text-align: center;"></div><div class="MsoNormal" style="text-align: justify;"><br /></div><div class="MsoNormal" style="text-align: justify;"><br /></div>The PARIS CLUB originally formed in 1956 because of the PERONIST UNREST in ARGENTINA also stepped in during ARGENTINA’S 2002 default, and since then is negotiation ARGENTINA’S bond default.<br /><div class="MsoNormal" style="text-align: justify;"><br /></div><div class="MsoNormal" style="text-align: justify;">Is it a coincident that suddenly the New York’s highest court, despite progress in negotiations between the PARIS CLUB and ARGENTINA, insists that ARGENTINA has to keep on paying interest rates on some bonds even after they mature or investors demand their principal back earlier? </div><div class="MsoNormal" style="text-align: justify;">The USA court ruling also indicated that interest rates as high as <b style="mso-bidi-font-weight: normal;">101% a year</b> on defaulted ARGENTINA dept were not unreasonable given the countries need for capital and default history. </div><div class="MsoNormal" style="text-align: justify;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgdTp0EUgVR9kuY70Mb4yRg81QJS4OV7y5xZFW8L59UdY_7cBv87xy-HE57Snh-Oa9nrXAFvpSuI3bKXg6GlBo7CsR8blZddCMWHqxd24DgZAzxzvitgGXJDlvDds27JxOZd4-KbZKzL-Vl/s1600/parisclub2.jpg" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"><img border="0" height="94" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgdTp0EUgVR9kuY70Mb4yRg81QJS4OV7y5xZFW8L59UdY_7cBv87xy-HE57Snh-Oa9nrXAFvpSuI3bKXg6GlBo7CsR8blZddCMWHqxd24DgZAzxzvitgGXJDlvDds27JxOZd4-KbZKzL-Vl/s320/parisclub2.jpg" width="320" /></a>Could it be that this US court ruling is the response to a recent remark made by the ARGENTINE minister of economy, Amado BOUDOUs, emphasizing that ARGENTINA will not accept any deal with the PARIS CLUB which would harm its interest?  </div><br /><div class="MsoNormal" style="text-align: justify;"><br /></div><div class="MsoNormal" style="text-align: justify;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg38hbQVFJwn8jiswU8Gq4FhGhp5hrGQM0dID4K6Koh3VunNDuGzJcU_VsAxQDF7k0zsUj0QlFoO69FKOVIpqJKLXLKstd5dOex93jj8H4vhf79n8H70_0zSMFx5Ya6R9DWUbp6QO1FCov0/s1600/222.jpg" imageanchor="1" style="clear: right; float: right; margin-bottom: 1em; margin-left: 1em;"></a>Given the fact that the majority of foreign agriculture companies based in ARGENTINA are from the USA, with prominent names such as CARGILL, GENERAL MILLS, ADECOAGRO (George SOROS) to name but a few, which own vast amount of fertile farmland and who profit immensely from the current commodity boom, it becomes imminent that WALL STREET speculators, brokers and US RATING AGENCIES, closely related to THE PARIS CLUB and the IMF  try to protect and enlarge their interest in ARGENTINA by lobbing for a common cause.</div><div class="MsoNormal" style="text-align: justify;"><br /></div><div class="MsoNormal" style="text-align: justify;">See <a href="http://www.marketwatch.com/story/argentina-backs-bill-to-limit-foreign-land-owners-2011-04-27">http://www.marketwatch.com/story/argentina-backs-bill-to-limit-foreign-land-owners-2011-04-27</a></div><div class="MsoNormal" style="text-align: justify;"><br /></div><div class="MsoNormal" style="text-align: justify;">Thus the comment, made by a Federal court in the USA comes as no surprise and one can assume that the PARIS CLUB and the IMF collaborate on this issue, thus threatening ARGENTINA with legal challenges if it tries to return to the international capital markets and refuse to “dance to their music”. The question is, is it really necessary for ARGENTINA to return to the International “CASINO Finance” markets? </div><div class="MsoNormal" style="text-align: justify;"><br /></div><div class="MsoNormal" style="text-align: justify;"></div><div class="MsoNormal" style="text-align: justify;"><b style="mso-bidi-font-weight: normal;"><span style="font-size: 12pt; line-height: 115%;">THINKING ”IN THE BOX” versus THINKING “OUT OF THE BOX”</span></b></div><div class="MsoNormal" style="text-align: justify;"><br /></div><div class="MsoNormal" style="text-align: justify;">Following traditional economic doctrine or in other words thinking “IN THE BOX”, economists and so-called financial experts will claim that there is no way a country will survive economically, if secluded from the international capital markets. Thinking however “OUTSIDE THE BOX”, in other words neglecting the doctrines laid upon us by the “WALL STREET establishment” one might come to the conclusion, that there is life and prosperity outside financial market doctrines. </div><div class="MsoNormal" style="text-align: justify;"><br /></div><div class="MsoNormal" style="text-align: justify;">ARGENTINA’S economy, which is band from international financial markets, is currently growing at 7.5 %. (See <a href="http://www.indexmundi.com/argentina/gdp_real_growth_rate.html"><span style="font-size: 8pt; line-height: 115%;">http://www.indexmundi.com/argentina/gdp_real_growth_rate.html</span></a>) Critics might argue that this is solely because of the agricultural commodity boom. </div><div class="MsoNormal" style="text-align: justify;">ARGENTINA will continue to grow economically because of its vast amount of farmland and water and natural resources which are necessary to feed an increasing global population. </div><div class="MsoNormal" style="text-align: justify;"><br /></div><div class="MsoNormal" style="text-align: justify;"><u><b>THINKING OUTSIDE THE BOX </b></u></div><div class="MsoNormal" style="text-align: justify;"><br /></div>Your task: Link all 9 dots using four straight lines or less, without lifting the pen.<br /><br /><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhgyBEen_S5QHtQnvX54eR22pwpQiJtU4Ol7pwC8eIyRpkicWjkE7qGljcTCAquoW9n4Q5CpQ1uVynUOJrxKNVCRTCDYXGM1PSQPq3RN-fyd3Iq0aIGKKgH-ETIZLYDzqUM-DcxfTVKGwzw/s1600/Ninedots-1.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="172" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhgyBEen_S5QHtQnvX54eR22pwpQiJtU4Ol7pwC8eIyRpkicWjkE7qGljcTCAquoW9n4Q5CpQ1uVynUOJrxKNVCRTCDYXGM1PSQPq3RN-fyd3Iq0aIGKKgH-ETIZLYDzqUM-DcxfTVKGwzw/s200/Ninedots-1.png" width="200" /></a></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh4pEji-aZDqDL-U0E0i0O5JcU9mCFlWdXsh8TkF5_9CUQLjqwWpWREI2Ct1xNdykOMc9GejVt4dtX-bAixlg2MAyAVJXMk1RGzywJK_Pg1VQUIah3HurG1rXTYGawen8_X_mV3Ls2_9PGF/s1600/270px-Ninedots.svg.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="200" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh4pEji-aZDqDL-U0E0i0O5JcU9mCFlWdXsh8TkF5_9CUQLjqwWpWREI2Ct1xNdykOMc9GejVt4dtX-bAixlg2MAyAVJXMk1RGzywJK_Pg1VQUIah3HurG1rXTYGawen8_X_mV3Ls2_9PGF/s200/270px-Ninedots.svg.png" width="200" /></a></div><br /><br /><br /><div class="MsoNormal" style="text-align: justify;"><br /></div><div class="MsoNormal" style="text-align: justify;"><br /></div>

Money makes the World go round …… and Politics

US COURT RULING ON ARGENTINE BOND DEFAULT The Paris Club, USA Agriculture Companies, and International Financial Speculators “grab” onto A...

Read more »