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Thread: Argentina makes grab for Pension money

  1. 03-20-2013, 04:04 PM #1
    AUnut
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    Default Argentina makes grab for Pension money

    Argentina Makes Grab for Pensions Amid Crisis



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    By MATT MOFFETT

    BUENOS AIRES -- Hemmed in by the global financial squeeze and commodities slump, Argentina's leftist government has seemingly found a novel way to find the money to stay afloat: cracking open the piggybank of the nation's private pension system.
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    ReutersArgentina's President Cristina Fernandez de Kirchner speaks next to Economy Minister Carlos Fernandez (right) at the National Social Security Administration in Buenos Aires on Monday.



    The government proposed to nationalize the private pensions, which would provide it with much of the cash it needs to meet debt payments and avoid a second default this decade.


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    http://online.wsj.com/article/SB122460155879054331.html


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  2. 03-20-2013, 04:07 PM #2
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    Coming to a pension fund near you and soon!
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  3. 03-20-2013, 04:08 PM #3
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    Looks like that article was from Oct. 2008.
    And to make it your ambition to lead a quiet life: You should mind your own business and work with your hands, just as we told you, so that your daily life may win the respect of outsiders and so that you will not be dependent on anybody. 1 Thessalonians 4:11-12
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  4. 03-20-2013, 04:11 PM #4
    AUnut
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    Quote Originally Posted by Toes in the sand View Post
    Looks like that article was from Oct. 2008.
    Just went back to the article and noticed that....SOOOOOOO SORRY!

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    Mods...if you could move it or take it down.....I'll be better in the future....yea, probably not...
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  5. 03-20-2013, 04:20 PM #5
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    It could easily be today's news. Sad state...
    And to make it your ambition to lead a quiet life: You should mind your own business and work with your hands, just as we told you, so that your daily life may win the respect of outsiders and so that you will not be dependent on anybody. 1 Thessalonians 4:11-12
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  6. 03-20-2013, 04:22 PM #6
    Sonofa
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    WTF is this, a genetic trait of Politicians, they are all thieves at heart???
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  7. 03-20-2013, 04:28 PM #7
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    Quote Originally Posted by Sonofa View Post
    WTF is this, a genetic trait of Politicians, they are all thieves at heart???
    You're just now figuring this out ?
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