Showing posts with label Javier Milei. Show all posts
Showing posts with label Javier Milei. Show all posts

Thursday, October 16, 2025

Argentina First, America Second

 



The lawless Malignant Fascist has decided that his right wing imitator in Argentina, bouffant-sporting President Javier Milei, is worth a $20 billion bailout with money that he has cut from health care budgets here at home. He's now supporting an additional $20 billion to be raised from private sources.  The MF's using the funds to prop up Milei as Argentina's election approaches. From NBC News:

"The Trump administration is working on an additional $20 billion support package for Argentina. If completed, it would bring the total price tag of a U.S. backstop plan for Buenos Aires to $40 billion.

'It is a private-sector solution to Argentina’s coming debt payments,' Treasury Secretary Scott Bessent said of the latest round of funding Wednesday.

Bessent said the United States would arrange funding commitments from banks and sovereign wealth funds to cover the second $20 billion tranche.

The comment was most likely designed to allay growing fears that U.S. taxpayers will supply the funds for the administration’s extraordinary financial rescue plan for Argentina.

Argentine President Javier Milei — a close ally of President Donald Trump — is struggling to maintain public support for his massive budget cuts and austerity programs." (our emphasis)

Earlier this month, the U.S. Treasury bought $20 billion worth of Argentine pesos, angering the public and specifically farmers:

"[Treasury Secretary Scott] Bessent, under fire from U.S. farmers and Democratic lawmakers, has insisted that the credit swap is not a bailout. Farmers are angry about the idea of rescuing Argentina, whose own farmers have benefited from a recent gush of sales of soybeans to China at the expense of their U.S. counterparts. Lawmakers have pushed Trump to explain how this financial help aligns with his 'America First' agenda.

After the announcement Thursday, a group of Democratic Senators introduced the “No Argentina Bailout Act,” which would stop the Treasury Department from using its Exchange Stabilization Fund assist Argentina.

'It is inexplicable that President Trump is propping up a foreign government, while he shuts down our own,' Democratic Sen. Elizabeth Warren of Massachusetts, said in a statement. 'Trump promised ‘America First,’ but he’s putting himself and his billionaire buddies first and sticking Americans with the bill.'” (our emphasis)

It's clear the MF is trying to prop up a world-wide network of right-wing authoritarians that will be beholden to him and support his political and economic goals.  Milei is just the most recent, and at $40 billion, the most expensive for American taxpayers.

(photo: Miley's account on "X")

 

Sunday, March 16, 2025

In Grifter News: Don't Cry For Me Argentina




Some of the Malignant Fascist's foreign friends are well known, for example war criminal and thug Vladimir Putin, his Hungarian fanboy Viktor Orban, and North Korean butcher Kim Jong-Un. Others may be less well known as an MF best friend, like the goofy looking Argentinian President Javier Milei. You'll remember that Milei was the clown at the recent CPAC shit slinging who presented a chainsaw to unhinged South African fascist and sociopath Elon "Kaboom" Musk. France 24 reports that a cryptocurrency, $LIBRA, that Milei promoted has crashed:

"According to news outlets, Milei posted a message on social media platform X Friday evening, praising a 'private project' aimed at 'stimulating the growth of the Argentine economy, by financing small businesses and Argentine entrepreneurs.'

'The world wants to invest in Argentina. $LIBRA,' the post reportedly said, naming the cryptocurrency along with a website for the project.

Hours later, Milei deleted the message, saying: 'I did not know the details of the project and after learning about it, I decided not to continue promoting it.'

He added he had 'obviously no connection' with the 'alleged private company.'

Argentine economists and crypto specialists, in addition to opposition political figures, criticized Milei and said that the digital asset could be a fraud or Ponzi scheme."  (our emphasis)

The report notes that "multiple large holders" began liquidating their holdings soon after the launch of the cryptocurrency in what appeared to be a "rug pull," where big investors promote the currency and then cash in when a sufficient number of rubes have bought in, thereby crashing the cryptocurrency after taking their profits. Milei's involvement in pushing the grift shows that he's both an idiot and someone who's complicit in growing global cryptocurrency scams, much like his American counterpart the MF.

(photo: Buffoons Milei and Musk with his chainsaw/  Saul Loeb, AFP via Getty Images)

 

Monday, November 20, 2023

The Good, The Bad, And The Ugly

 

The good:

X CEO Linda Yaccarino, the longtime NBC advertising executive tapped to bring back revenue and credibility to the company from big advertisers, is facing her own credibility crisis as advertisers halt spending over Elon Musk’s endorsement of antisemitic abuse on the social media platform.

Forbes has confirmed that Yaccarino has been contacted by a groundswell of leading advertising executives who questioned why she is risking her reputation to shield Musk’s behavior—and suggested that she could make a statement about racism and antisemitism by stepping down. She has so far resisted their entreaties, sources said.

Last week, Musk endorsed an explicitly antisemitic conspiracy theory, and a report from watchdog Media Matters found that ads from major companies including IBM and Amazon had been placed next to content promoting Nazis and white nationalism, prompting advertisers including Apple, Disney and IBM to pull ads from the platform. Even the White House has condemned Musk’s antisemitic and racist statement, in which Musk agreed with an X user who espoused a conspiracy theory that “Jewish communities have been pushing the exact kind of dialectical hatred against whites that they claim to want people to stop using against them.”  [snip]

The personal outreach to Yaccarino by leading advertising executives comes as X, previously known as Twitter, struggles to right itself under its mercurial owner and to battle the advertiser-unfriendly content his behavior has emboldened. After nearly a dozen years at NBCUniversal as its top advertising executive, where she also launched a partnership with the Foundation to Combat Antisemitism, Yaccarino was brought in six months ago to ease advertisers’ nerves over the surge in hate speech and other toxic content on Twitter since Musk bought the platform for $44 billion...

X will continue to be a sewer as long as fascist man- boy Musk owns it.  Whether it's X, Tesla, SpaceX or Yaccarino, Musk will find a way to bring it down.

The bad:

Argentina’s Economy Minister Sergio Massa conceded defeat to populist Javier Milei in Sunday's fiercely polarized presidential runoff even before the country's electoral authority released official results.

Massa congratulated his opponent, a right-wing economist who has promised a dramatic shake-up for many of the nation's institutions and welcomed frequent comparisons of him to former U.S. President Donald Trump. 

Immediately after Massa's concession speech, the Argentine electoral authority released partial results: With 86.6% of votes tallied, Milei had 55.95% and Massa 44.04%.

With a Milei victory, the country will swing to the right amid discontent over soaring inflation and rising poverty, and empower a freshman lawmaker who describes himself as an anarcho-capitalist and got his start as a television talking head blasting what he called the “political caste.”

Inflation has soared above 140% and poverty has worsened while Massa has held his post. Milei, a self-described anarcho-capitalist, has proposed to slash the size of the state and rein in inflation, while the government minister he was running against warned people about the negative impacts of such policies. The election forced many to decide which of the two they considered to be the least bad choice. [snip]

The vote took place amid Milei's allegations of possible electoral fraud, reminiscent of those from Trump and former Brazilian President Jair Bolsonaro. Without providing evidence, Milei claimed that the first round of the presidential election was plagued by irregularities that affected the result. Experts say such irregularities cannot swing an election, and that his assertions were partly aimed at firing up his base and motivating his supporters to become monitors of voting stations.

Argentina is going to be entering another dark phase in its history, courtesy of its latest caudillo.

The ugly:

Americans are bracing for inclement weather during one of the busiest holiday travel weeks of the year.

A potent storm will be making its way across the country as travelers make their way to their Thanksgiving destinations.

Heavy snow will begin to fall in the Rocky Mountains on Sunday, leading to a foot or more in some of the highest elevations, forecasts show. Winter alerts have been posted for much of Utah, as well as parts of Colorado and Arizona.

Gusty winds could also pose potential problems for a large swath of the West, forecasts show. Wind alerts are in effect for nearly 16 million Americans on Sunday, with gusts approaching 50 mph this afternoon in some regions.

Severe weather threats are possible elsewhere in the country over the next several days. Oklahoma may be seeing a few strong thunderstorms on Sunday, but the bulk of the threats will begin on Monday.

A severe weather outbreak is likely across parts of the South on Monday, with powerful storms expected from eastern Texas through Louisiana and Arkansas and eventually into Mississippi. Damaging winds, large hail and scattered tornadoes are the main concerns.

As this large storm system moves eastward, it'll bring cool and wet weather to much of the East.

Travel will likely be disrupted for millions of people as moderate to heavy rain falls on Tuesday and Wednesday.

Snow could lead to a white Thanksgiving from the Adirondacks in New York to the White Mountains of New Hampshire and Maine.

Colder air will move in once the storm subsides.

That's your Hackwhackers holiday travel forecast for the coming week.  Be careful out there!