"Freedom is never more than one generation away from extinction. We didn't pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same, or one day we will spend our sunset years telling our children and our children's children what it was once like in the United States where men were free." - President Ronald Reagan
Thursday, May 03, 2012
Why hasn't Pres BO said anything about Pres Cristina Fernandez and Argentina?
We posted recently about Argentina and Repsol, the Spanish company.
We asked: Where is Pres BO? Why isn't he speaking out for the rule of law and respect for foreign investment?
We are still waiting!
Perhaps Pres BO finds "the Kirchner way" and "class warfare" a bit familiar, or rather similar to what he learned in Chicago. It sounds like BO & Christina are using the same speechwriter. Or perhaps they are just translating each other's "blame the rich" speeches.
"Nationalizations, particularly in the energy sector in Latin America, are
nothing new. But the circumstances surrounding the Argentine grab of YPF may be.
They demonstrate the special nature of kirchnerismo, an economic model
that enriches friends of the government while driving the nation toward
We call it crony capitalism up here. Or you can call it Solyndra. You can call it whatever you want but this is what happens when the government gets its hand in the economy and takes care of its friends. Again, can you Solyndra?
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