Posted on 09/30/2025 8:48:09 AM PDT by Miami Rebel
There has got to be some kind of journalistic ethics violation here. (j/k... journalists have no ethics).
-PJ
The $20 billion backstop came at just the right time to save their asses.
That is really annoying to hear, as I really like Bessent. I also like Milei, but I’m not happy to hear that he wants to make a move on the Falkland Islands.
Reading the news is just...so...aggravating!
Government is corrupt, just differing degrees.
Spying on Cabinet member phones now. No matter how much you hate the media, it’s not enough.
Spying on Cabinet member phones now. No matter how much you hate the media, it’s not enough.
Are you serious?
If AOC were trash talking Charlie Kirk on her phone texts, would you insist that journalists suppress screen shots of it?
Now that that’s out of the way, what do you think this says about the wisdom of putting US taxpayers’ capital at risk to support a foreign government?
If Chuck Schumer dropped his index cards before delivering an attack on President Trump, would you demand that a Newsmax reporter return them without viewing them?
THANK YOU!
They have listening devices agaibst his bedroom window too.
China provides good stuff to AP.
Milei has been preaching about reducing tariffs in Argentina for years.
I doubt this had anything to do with some bond investments.
How is anyone who lives in New York and is active in the financial community, expected to *not* have friends who are going to be impacted by national decisions, one way or another!
No matter what decision Trump and or Bissent makes, some of their friends are going to be impacted, probably both sides of the equation.
“Now that that’s out of the way, what do you think this says about the wisdom of putting US taxpayers’ capital at risk to support a foreign government?”
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I understand your sentiment, but if we don’t help countries in need, especially those in our own hemisphere, then some other country will. And we won’t like who they partner with.
Any aid given must be modest, accountable, and tied to behavior that is favorable to the US.
It must be difficult for foreign countries getting aid from the US, in the sense that one term our President is a conservative pro-American, then the next term our President is a nitwitted globalist. As a foreign leader, how do you play that, especially when you have to face your own electorate?
That all said, it does sound like Milei needs to be summoned to the White House for a refresher course in how the world works, and who is holding the steering wheel.
We sell soybeans all over the world and use more of our soybean crop here in the u.s. than we export. Argentina NEEDS its agriculture exports for more than we do. Our soybean farmers will adjust, and even change crops as an adjustment.
The timing was beautiful though, wasn’t it?
First take the hand-out, and then in the blink of an eye give a big f-you to Uncle Sugar.
You take a very cold approach that glosses over the reality of agriculture in this country.
US farmers are already in the hole, but in order to accommodate our desperate Argentine friends, they are expected to invest in converting their fields to new crop?
That's why I said "just kidding."
Are you separating the bailout of Argentina from the rest of foreign aid, or does all foreign aid put American taxpayer capital at risk?
What do you think about "lend-lease" that was used in WW2? Biden signed a 2022 Lend-Lease Act for Ukraine in 2022. Is aid to Argentina a form of lend-lease because a stable Argentina is good for American defense in the hemisphere?
-PJ
$20 B is a drop in the bucket to help out a guy who is more pro-freedom than the last 75 years of Argentinian leaders.
Sometimes pragmatism is a good approach, sometimes it is a bad approach.
In this case it is a good approach.
I am not suggesting anything unusual.
Yes, U.S. farmers often change their crop choices in response to market forces, planting more of a crop if its price and profitability are expected to rise, and reducing acreage of other crops to plant more profitable alternatives.
And yes we are trying to help a country that is trying to make a transformation from decades of socialist economic mismanagement. I would agree with you if Argentina was another Peronista government, which it is not.
Citrone's hedge fund has been one of the top performing hedge funds in 2025, (up 17% thru July)and that's before any bailout.
If Discovery holds any Argentine bonds, I suspect it's a very low percentage of their entire holdings and even a small percentage of their AMX holding.
Bissent hasn't "saved their asses".
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