At the UN Security Council brainstorming session on "terrorism",
Fernández de Kirchner did not mince her words.
Her candor was breathtakingly
which had been possible because $193 billion in debt had been restructured.
Today, it carried one of the lowest debt
loads in the world.
she said that as long as the votes of the five permanent members
counted more than those of other countries,
nothing would ever be resolved.
As a non-permanent member of the Council,
she had questions about who had armed the "bad guys".
But one group had led to another, and now there was ISIS.
"Where does this come from?" she asked.
Some might be able to answer such
questions, she said.
against the Islamic State of Iraq
and the Levant (ISIL),
but in fact you're their allies."
Those are the frank words by Cristina
Fernandez de Kirchner, the Argentinean President, spoken in a
calm and secure voice at the UN General Assembly on September 24,
He ruled that the
vulture funds, Griesa's clients and paymasters, needed to be paid in
full, i.e. 100%, equal to US$ 1.5 billion, when close to 93% of all
creditors agreed on a restructured reimbursement rate of about 20%.
Paul Singer, king of the 'vulture capitalists', knows no merci. He is in bed with Wall Street and Griesa - and with whomever other financial hooligans who share his greedy endeavors. Greed is their prayer. It's knocked around the world. Exploits poor nations, makes them poorer, and keeps them dependent on the powers of money, being well aware that the poor are too weak to defend themselves. Except for Argentina.
Her able President Cristina Fernandez, speaks not only for her country, when she talks about victims of economic and financial terrorism, but for all those African, Latin American and Asian countries which are oppressed by the killing boots of Wall Street and the IMF.
It cannot be said often enough - the IMF
is a mere extended arm of the US Treasury and the FED.
At the onset of the manufactured crisis,
in May 2008, Greece's debt to GDP ratio was a manageable 105%. In
2014 the ratio is 175%.
Papandreou went home, canceled the referendum on 3 November and resigned.
He was promptly replaced by
Parliament - without a public vote - by the neoliberal Lucas
Papademos, former deputy head of the ECB and - a former Goldman
Sachs executive, who allowed the dance of debt and destruction to
She also talked openly about western military terrorism,
She referred to the West in general and
to Washington in particular, for whom war and conflicts, weapons
sales, is a means of economic survival, as the US economy depends to
more than 50% on the military / security industrial complex and
related industries and services.
Perhaps they feared the ridiculous western sanctions, if they don't behave.
It is sad to see spineless world leaders, so-called
leaders (sic), who bend over backwards to please the powers that
utterly exploit them, stealing their natural resources, putting
their people and the environment in peril.
Call it 'sanctions' - if you will - for not bending to the political demands of Washington on Ukraine.
The western MSM would like you to believe it has to do with the chaos and continuous murderous atrocities in Ukraine's Donbass area, for which - of course - Russia is made the culprit, not Kiev's gang of thugs, a Nazi government, created and funded by Obama and his western puppets.
Buying dollars - playing even more into the sledgehammer of the empire - is certainly the last thing Russia wants to do. Currency manipulation is only possible due to the predatory US dollar system, where all international transactions have to be channeled through Wall Street and cleared through the privately owned BIS - Bank for International Settlements - whose owners are a similar lot of financial shenanigans as are those owning the FED.
The expected outcome is a devalued ruble, shunned by investors.
Little do they know that this usual western shortsightedness is but accelerating the process of Russia and China issuing a new combined currency, delinked form the dollar-euro fiat money and its SWIFT exchange system. In fact, it has already begun.
The Central Bank of China has recently offered a hand to the EU, inviting the Euro as one of several currencies that will no longer need the western clearing system for transactions with China.
President Fernandez puts the finger right on the wound when she refers to the entire western monetary system as vulture economics.
She knows that such an economy is bound to falter and be replaced - gradually as may be - by one that is based on fairness, integrity and that respects nations' sovereignty.