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Javier Milei Takes Office in Argentina, and His First Move Immediately Triggers All the Right People

 

 

For the first time in decades, Argentina is no longer ruled by socialists. Libertarian-leaning President Javier Milei was officially sworn in on Sunday, marking a major turning point in the country's battle against hyperinflation and economic decline. 

 

In November, Argentina reached 183 percent inflation for 2023, impoverishing around 40 percent of the country, a reality that helped sweep Milei into power. Now, he's taking action, with his first move in office being an executive order that slashes the number of government ministries from 21 to nine. Among those put on the chopping block was the ministry of "women, genders, and diversity," a move he recently telegraphed in his criticisms of "social justice."

 

https://redstate.com/bonchie/2023/12/11/javier-milei-takes-office-in-argentina-and-his-first-move-immediately-triggers-the-press-n2167410

 

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4 hours ago, leh-nerd skin-erd said:

I've been there. Great beef and leather goods. Cab driver flipped me off for no good reason THE NERVE eh Leo?

 

thw 2 times I experienced any negativity in S Americca  I have shared on this board. Ask me aboout the time I almost went nose to nose with an alligator. though  Now THAT was scary!

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25 minutes ago, muppy said:

I've been there. Great beef and leather goods. Cab driver flipped me off for no good reason THE NERVE eh Leo?

 

thw 2 times I experienced any negativity in S Americca  I have shared on this board. Ask me aboout the time I almost went nose to nose with an alligator. though  Now THAT was scary!

Of course you've been there.  You were a drug mule for the cartel! 

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  • 2 weeks later...

 

 

Javier Milei just passed the most sensible law in world history - known as Articulo 209.

From now on, governmental institutions can no longer use the word "free"

to promote any state service or function in municipal provinces or on a national level.

Milei considers the use of the word “free” a lie and feels citizens shouldn’t be lied to

since the services always paid by someone, typically tax dollars.

 

If this were implemented in America, the Democrat Party would literally not be able to campaign anymore.

 

 

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6 hours ago, Tommy Callahan said:

 

 

This process was nothing more than a process for custom officials to be bribed.

I had all the cabinets and flooring for a 36 unit condo building shipped from Paraguay through there as well as all the flooring and interior doors for my home.

Being delayed going through there was inevitable. A bit of a nuisance, but you had to have a "guy" to help you get through it. 

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13 minutes ago, LeviF said:

I think this guy is basically just 2008 Ron Paul in a different setting. So we'll get to see what that looks like if nothing else.

libertarian Ideals are solid, if everyone has the same moral character. 

 

It will be interesting to see what the results of his changes bring.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Image-from-iOS-1-e1707226019703-640x400.

 

Argentina’s new president arrives in Israel, reiterates pledge to move embassy to Jerusalem
Times of Israel ^ | 2/6/24 | Lazar Berman

 

Foreign Minister Israel Katz welcomes Argentinian President Javier Milei upon his arrival to Israel at Ben Gurion Airport. Milei, who assumed office in December, reiterates his pledge to move Argentina’s embassy to Jerusalem.

 

Katz thanks Milei, who made Israel his first bilateral overseas destination as president, for his support for Israel against Hamas and for recognizing Jerusalem as Israel’s capital.

 

“You are a person of values who is committed only to the truth,” Katz tells Milei, speaking through a translator, “and it is no wonder that you chose to come to Israel right away to support us in the just struggle for the defense of the Jewish people against the murderers of Hamas.”

 

Milei will visit the Western Wall and meet President Isaac Herzog later today, and is slated to meet Prime Minister Benjamin Netanyahu tomorrow.

 

He brought Argentina’s Foreign Minister Diana Mondino and his personal Rabbi Shimon Axel Wahnish along with him on the three-day trip. Wahnish is expected to become Argentina’s ambassador to Israel. While Milei is not Jewish, he has expressed an interest in Judaism and has talked about potentially converting to the religion.

 

Milei heads for Italy and the Vatican on Thursday, where he will meet with Pope Francis and Italian Prime Minister Giorgia Meloni.

 

https://www.timesofisrael.com/liveblog_entry/argentinas-new-president-arrives-in-israel-reiterates-pledge-to-move-embassy-to-jerusalem/

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IT CAN BE DONE, YOU JUST HAVE TO WANT TO DO IT BADLY ENOUGH: 

 

Javier Milei Ended a DC-Sized Deficit in…Nine Weeks. 

 

“Argentina’s Javier Milei is racking up some solid wins, with the fiscal basket case seeing its first monthly budget surplus in 12 years. Apparently, it took Milei just nine and a half weeks to balance a budget that was projected at 5% of GDP under the previous government.

 

In US terms, he turned a 1.2 trillion-dollar annual deficit into a 400 billion surplus. In 9 and a half weeks.

 

How did he do it? Easy: he cut a host of central government agency budgets by 50% while slashing crony contracts and activist handouts.

 

For perspective, if you cut the entirety of Washington’s budget by 50%, you’d save a fast 3 trillion dollars and start paying off the national debt. It turns out it can be done, and the world doesn’t collapse into chaos.”

 

The cronies getting the contracts and the activists getting the contracts won’t be happy, but honestly, a world in which they are unhappy is likely a much better world.

 

https://mises.org/wire/javier-milei-ended-dc-sized-deficit-innine-weeks?

 

 

 

 

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  • 1 month later...
On 3/27/2024 at 8:37 AM, BillStime said:

 

Eeek…private sector wage drops and those super high poverty rates will make it really tough to generate service consumption. The main risk with Milei’s economic shock therapy strategy comes from those deflationary death spirals that lingering debt troubles permeating the economic landscape will exacerbate.

 

No doubt that this is the most interesting macroeconomic experiment in the world today. Milei has accomplished the easy part of chopping down the government budget, even though some of those government services shouldn’t have been deemed wasteful. He seems way more fixated on political dogma than practical problem-solving. Many of Argentina’s biggest problems with its government were reported to be basic cases of internal corruption.

 

Hopefully Argentina leans into their agriculture industry and their renewable energy industry potential, coupled with the elimination of some unnecessary price controls and regulatory red tape.

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